Wave Degree Hierarchy

Wave Degree Hierarchy draws the nesting Elliott analysis rests on: a base zigzag and up to three degrees derived recursively above it, each pivot surviving upward only when it dominates its same-type neighbors one degree below — the wave degree hierarchy made a chart object for the first time. Each degree gets its ladder name, notation pivot labels, a dotted developing leg and a dashed invalidation level at its prior extreme.

How to Trade the Wave Degree Hierarchy?

• Trade with the reference degree: the dashboard's context row compares the execution-degree leg with the leg one or more degrees above, tinting the background on request while they oppose.
• Invalidation breaks: each degree's dashed level is the prior pivot extreme whose break kills that degree's current-leg count, each with its own alert.
• Disproportion flags: corrections retracing under the minimum proportion get an ellipsis; those traveling further or lasting longer than the wave they correct get a warning mark.

Notation is positional bookkeeping inside the parent leg, not an impulse count.

Wave Degree Hierarchy Settings

• Base Pivot Length (default 8): pivot half-length of the lowest degree, from which all others derive.
• Degrees Displayed (default 3): 2 to 4 nested degrees; higher ones confirm later by construction.
• Lowest Degree Name (default Minute): ladder name of the base; the rest walk upward, clamped at Grand Supercycle.
• Min Correction Proportion (Price) (default 0.236), Max Correction Proportion (Price) (default 1) and Max Correction Proportion (Time) (default 1): the proportion discipline.
• Trend Reference (Degrees Above) (default 1) and Tint Counter-Trend Background (off): the context read.
• Display: Show Dashboard (on), Pivot Labels (Notation), Flag Disproportion On Labels, Developing Legs and Invalidation Levels (all on), Drawn Swings Per Degree (default 50).

Frequently Asked Questions

How does this pair with the Elliott hard rules?

The Elliott Hard Rules build tests the three inviolable rules on one swing series. This build supplies the discipline's other half: the hard rules bind only inside one degree, so it maintains the degrees and pins an invalidation level on each.

Do the higher degrees repaint?

The latest pivot at any degree can extend until an opposite pivot locks it, and higher degrees derive from lower-degree structure, so they confirm later. Locked pivots never move.

Which Lowest Degree Name should I pick?

Degree is structural, not chronological, so choose the name matching your own top-down count. The geometry is identical either way — only names and notation shift.