The indicator labels a Wave 1, then deletes it, then labels a new Wave 1. Fix: This usually happens during low volatility (Asians session or before news). Filter your indicator to only show signals when the Average True Range (ATR) is above 20.
Here is some sample Python code to get you started with creating an Elliott Wave Indicator: mt5 elliott wave indicator
Tonight the indicator had alerted her to something it had only whispered about once before: a nested five-wave structure, fractal within fractal, aligning across three timeframes. The 4‑hour showed a clean five up; the 1‑hour echoed it; the 15‑minute completed a subtle ending diagonal. The indicator overlaid lines and annotated "Wave 5?" with a faint yellow marker, its probability gauge hovering near 78%. The indicator labels a Wave 1, then deletes