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That is a expensive bit of software for someone very new to trading, I have never used that software and therefore cannot comment on it. If I was starting out I wouldn't be to overly concerned with EW to begin with, stick to the basic trendlines/channels, support and resistance, fib retracements, triangles/wedges, moving averages etc keep it very simple, some of my analysis is no more than a line chart with a trend line, and look at a charting program such as Amibroker for a fraction of the price, I don't have much experience with EW but from what I have seen I don't think I would use it as a stand alone form of analysis.