MirraCharts
New · free for Accelpix subscribers
Module 03 · Mirra Master Elliott Wave + Scanner

Every wave
counted.
Every setup graded.

Mirra Master Elliott Wave counts the impulse and the correction on two degrees, rejects any count that breaks the rules, projects where the wave should end and grades the trade that follows — then the Mirra AI explains it in plain words. Free for every Accelpix subscriber, scanner included.

Free with every Accelpix plan · indicator + scanner · NinjaTrader 8
Mirra Master Elliott Wave · NIFTY_I · 60 min Live
Mirra Master Elliott Wave on NIFTY 60-minute — wave count, zones and AI panel
Mirra AI panel — the Elliott Wave read in plain words
Live output — the wave count on the right, the AI’s read on the left
What it saves you

Three ways
the count
saves you money.

Elliott Wave earns its reputation for being subjective when the count is drawn by hand. These are the three mistakes that cost the most — and each one is a rule the engine will not break.

Two analysts, two counts. One rulebook.

The engine does not hope. It labels what the rules allow, rejects what they forbid, and tells you how confident it is.
Trap 01

Forcing the count you want to see

A hand-drawn count bends to fit the trade you already like — and the rules quietly get broken.

Every count is checked against the hard Elliott rules on two degrees. If wave 4 overlaps wave 1 or wave 3 is the shortest, the count is rejected.
Trap 02

Buying wave 5 as if it were wave 3

The move looks strong, you join late, and you are the last buyer before the correction.

PTI below 35, oscillator divergence and the Make-or-Break zone flag a tired fifth wave — and the AI says so in one line.
Trap 03

Catching a correction too early

You buy the first dip, the correction keeps going, and the stop goes before the trend resumes.

TS setups wait for the A-B-C to terminate inside graded wave 4 zones — green 24–38%, amber 38–50%, red 50–62%.
The AI panel

One count.
Five voices.
Your level.

The same wave state, the same conclusion, explained at whatever level you trade at. Change one dropdown and the panel changes its language, never its answer.

It tells you where the count is wrong. Before you ask.

Every voice ends with an invalidation level. A count without one is an opinion; with one, it is a plan.
Click any frame to zoom
Mirra Master Elliott Wave · NIFTY_I · 60 min Click to zoom
Mirra Master Elliott Wave on NIFTY 60-minute — AI Simple mode
Mirra Master Elliott Wave on NIFTY 60-minute — AI Beginner mode
Mirra Master Elliott Wave on NIFTY 60-minute — AI Coach mode
Mirra Master Elliott Wave on NIFTY 60-minute — AI Debate mode
Mirra Master Elliott Wave on NIFTY 60-minute — AI Pro mode
Two lines
Simple

Who is in control, the pattern, and one plan line — nothing else.

The reasoning
Beginner

The same call in plain words: positions, what comes next and where the idea is wrong.

The steps
Coach

Step-by-step orders when a setup is READY — and “patience is a position” when it is not.

Both sides
Debate

Bull case, bear case, a clamped verdict and the price where the count is wrong.

Full read
Pro

Confidence, evidence, primary vs alternate count, HTF, PTI, XTL, OI and memory.

Inside the indicator

What it draws,
and why it matters.

A complete Elliott Wave workstation in one indicator — the count, the confirmation, the targets, the trade and the risk.

Engine

Rule-checked counts, two degrees

Impulse 1–5 and correction A–B–C on a minor and a major degree. Wave 2 may not retrace all of wave 1, wave 3 is never the shortest, wave 4 may not overlap wave 1 — a count that breaks a rule is rejected.

Setups

Ten mechanical setups

GET Type 1 and Type 2, TS1–TS4, two wave-3 entries, Decision Point and Volume Spike — each with entry, stop, T1 and T2 on the chart.

Grading

Graded on nine factors

Every setup arrives as A+, A or B with a probability held between 15% and 85% — then calibrated by what actually happened on your instrument.

Open interest

The OI regime behind every leg

Long buildup, short buildup, short covering or long unwinding, with session OI change and OI velocity — through the Accelpix feed.

Memory

Mirra Memory

Every completed wave and every setup outcome is logged per instrument, so the panel quotes real hit rates, not textbook ones.

Honesty

Never certain

Wave confidence is held between 12% and 88%, every read names its own invalidation, and the panel always ends with “decision support only, not advice”.

PTI

Profit-Taking Index

Above 35 favours a fifth wave still to come; below 35 warns the trend may already be done.

XTL

Trend Locator bars

Bars painted blue for a structural uptrend, red for a downtrend and dim for noise — with break-out bar detection.

Oscillator

The 5/35 Elliott Oscillator

Drawn as a strip inside the chart, with the wave 5 divergence that marks exhaustion.

Stochastic

False Bar Stochastic

Stochastic signals checked against the trend, so counter-trend noise is flagged instead of traded.

Targets

Wave Price Targets

Fibonacci cluster zones where wave 3, wave 5 or wave C should run out, printed with their prices.

Wave 4

Wave 4 zones and channels

Green 24–38%, amber 38–50% and red 50–62% retracement zones, plus three wave 4 channels.

Zones

Make-or-Break and the Ellipse

A wave 5 termination zone and a price-and-time ellipse for the end of wave 4.

Matrix

Fibonacci target matrix

A right-edge ladder showing where projections from different waves agree.

Tunnel

Bungee tunnel

An EMA tunnel with stretch shading, so an over-extended leg is obvious at a glance.

Risk

Position sizing and trade module

Size from your equity and risk %, F&O lot-aware, with higher-timeframe bias and live R on open trades.

Profile

The suite volume profile

VPOC and value area built on the same rules as Mirra Market Profile, so levels match across your charts.

Alerts

A full alert engine

New setups, XTL break-outs, PTI below 35, a touch of the Make-or-Break zone and entry into the wave 4 zone.

The trade setups

Ten setups.
One rulebook.

Mechanical entries at the points Elliott traders care about most — the end of a correction and the end of an impulse. Each one is drawn with its entry, stop, two targets and a grade.

Type 1

End of wave 4

Joins the trend as the wave 4 correction finishes — the classic entry for the fifth wave.

Type 2

Wave 5 exhaustion

A reversal setup at the end of the impulse, when PTI, divergence and the Make-or-Break zone line up.

TS1 – TS4

End of an A-B-C

Four mechanical entries on the termination of a corrective wave, from shallow to deep.

TS1 W3 · TS3 W3

Into wave 3

The same corrective-end logic applied to catch the strongest leg of the move.

DP

Decision Point

Divergence at a higher-degree support or resistance zone — where the bigger trend decides.

VS

Volume spike

Fades a climactic volume spike at the edge of a move.

Trade setup analysis card

Entry, stop, T1, T2, reward-to-risk and position size for the active setup — sized from your equity and risk %, with the F&O lot detected automatically.

Entryabove triggerStopbeyond CT1 · T2FibonacciR:RshownSizelot-aware
Included · the scanner

Your watchlist.
Your own rules.

Mirra Master EW Scanner runs the identical wave engine across your Market Analyzer watchlist — eleven scan modes, five signal filters and up to five custom rules with alerts. Add the column several times, each in a different mode, and click a header to rank the whole list.

You cannot count fifty charts. It can.

Fresh A+ longs rise to the top, shorts sink to the bottom — and a custom rule such as “confidence above 70 and PTI below 35” alerts you the moment any symbol qualifies.
Market Analyzer · Mirra Master EW Scanner Click to zoom
Mirra Master EW Scanner columns in NinjaTrader Market Analyzer
DashboardSignalWavePhasePTIXTLHTFBiasConfidenceOscillatorTradeStateLotSizeOIRegimeCustomRulesAllSetupsType1OnlyType2OnlyTsFamilyDpAndVs
Free · four steps

On your charts
in ten minutes.

One installer puts both the indicator and the scanner into NinjaTrader 8.

Free for every Accelpix subscriber. No separate licence fee for the indicator or the scanner — it comes with your Accelpix data plan.

01

Get NinjaTrader 8

Register, download and install the latest NinjaTrader 8. Free — no card required.

Download NinjaTrader →
02

Download the installer

Mirra_Master_Elliott_Wave+Scanner_NT8.exe — close NinjaTrader, run it, then start NinjaTrader again.

Download free →
03

Load it on a chart

Add Mirra Master Elliott Wave, pick your AI mode — Simple, Beginner, Coach, Debate or Pro — and the count appears.

Setup guide →
04

Add the scanner

In Market Analyzer, add the MirraMasterEWScanner column, choose a scan mode and set a data series.

Scanner guide →
Price

Free.
With every Accelpix plan.

Mirra Master Elliott Wave joins the free Mirra series. Every Accelpix subscriber gets the indicator and the scanner at no cost; activate it with your Machine ID.

Accelpix subscribers
Included free
Any Accelpix data plan · indicator + scanner
₹0with Accelpix
Activate with your Machine ID
  • The full Elliott Wave indicator
  • The EW Scanner for Market Analyzer
  • All five AI modes and Mirra Memory
  • Open Interest regime with an Accelpix OI subscription
New to Accelpix
Start with a trial
Live data · free Mirra indicators
5 daysfree trial
No card needed
  • Register on Accelpix in two minutes
  • Live NSE, BSE and MCX market data
  • Elliott Wave and the basic Mirra indicators included with your plan
  • Upgrade to the AI Market Profile or Order Flow any time
To activate, email your NinjaTrader Machine ID (Help → About) to [email protected] from your registered Accelpix address.
Want the AI auction and the tape too? See Mirra Advanced Market Profile and Mirra Advanced Order Flow.
Before you ask

Five short answers.

Is it really free?

Yes. Mirra Master Elliott Wave and its scanner are free for every Accelpix subscriber, on any Accelpix data plan. Download the installer, then activate with your Machine ID from your registered Accelpix email.

Do I need Accelpix data for it to work?

The wave counts, setups, oscillators and AI read work on any NinjaTrader 8 chart. The Open Interest features need an active Accelpix OI data subscription and stay blank without it.

Does the count change after the fact?

The newest leg can be relabelled until its turning point is confirmed — that is true of every automatic Elliott count. Completed waves are fixed and logged, and the panel shows its confidence and what would invalidate the read.

Which markets and timeframes?

Any instrument in NinjaTrader 8, from intraday charts to daily. 22 exchange presets set the session and F&O lot size automatically.

How does it fit with Market Profile and Order Flow?

Elliott Wave reads the structure of the swing; Market Profile reads where value was built; Order Flow reads who is in control. The same AI language runs through all three, and the volume profile levels match across them.

Free for every Accelpix subscriber

Count the next
wave properly,
starting today.

One installer, the indicator and the scanner, all five AI voices. Download it, load it on the chart you trade, and let the rules do the counting.

Download free
Runs on NinjaTrader 8 · 22 exchange presets · India and international
Questions? Live chat on mirracharts.com
Get more, spend less.

Free indicators with every Accelpix plan

Trusted by 5,00,000+ NinjaTrader experts globally — enter the pro league.

Start my free trial