regarding to your second reply,
this indicator assumed that the last two wave are the moving wave and the corrective wave no matter which wave at the last.
if moving wave number as 12345 than the corrective wave number as ABC, vice versa.
the bull/bear pattern was base on the combination of wave number.
the price could be drawback or ready to extend the new trend when the wave turn.
the x mark is projection base on the wave pattern.
each candle come in, the indicator recalc the new projection.
to avoid confuse, it shows projection only from the new peak.
the more x mark aggregated the higher confidence the target/resistence will appear.
that might help to set the order in advance.