---
title: "Elliott Tools - Objects - Charts - MetaTrader 5 for Android - MetaTrader 5 Android Help"
description: "Two types of Elliott tools for displaying waves are available in the trading platform: Section \"Elliott Wave Theory... - Elliott Tools - Objects - Charts"
image: "https://www.metatrader5.com/i/logo_metatrader5.png"
---

[MetaTrader 5 Android Help](https://www.metatrader5.com/en/mobile-trading/android/help) → [Charts](https://www.metatrader5.com/en/mobile-trading/android/help/chart) → [Objects](https://www.metatrader5.com/en/mobile-trading/android/help/chart/objects) → Elliott Tools

# Elliott Tools

Two types of Elliott tools for displaying waves are available in the trading platform:

|  | Type | Description |
| --- | --- | --- |
| ![Impulse Wave](https://www.metatrader5.com/i/help/android/en/elliott_motive_wave_icon.png) | Impulse Wave | According to Elliott's theory, impulse waves create a directed trend (bull or bear) and cause the market to move very actively. Five points are necessary to draw this tool. |
| ![Elliott Correction Wave](https://www.metatrader5.com/i/help/android/en/elliott_corrective_wave_icon.png) | Elliott Correction Wave | Corrective waves (rollbacks) are characterized by moving against the trend. |

Section ["Elliott Wave Theory"](https://www.metatrader5.com/en/mobile-trading/android/help/chart/objects/elliott/elliott_theory) features theoretical aspect of working with these objects. Practical details are described in section ["Construction of waves"](https://www.metatrader5.com/en/mobile-trading/android/help/chart/objects/elliott/waves_applying).

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