Wave Projection

Developer: Mario Jemic

The Wave Projection helper tool helps determine the price target for parallelogram patterns and other price continuation patterns.

Based on three known points, the Wave Projection tool will create a parallelogram pattern directly on the chart. The parallelogram’s fourth projection point will suggest  price target as a continuation of the pattern.


The following are inputs available in the application:

  • Label Color – Set Label Color
  • Font Size– Set Font Size
  • Line Color– Set Line Color
  • Line Width– Set Line Width
  • Line Style– Set  Line Style
Risk Disclaimer

The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.


An FXCM account is required (including free FXCM demo accounts).

Forex Capital Markets, LLC. (“FXCM LLC”) is an independent legal entity and is not affiliated with Mario Jemic, or Indicators World. and Indicators World are not owned, controlled, or operated by FXCM LLC and Mario Jemic is not an employee, agent or partner of FXCM LLC.

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