Any Problems with ELLIOTT WAVES? Here my secret to count the EW!

2019년 4월 12일

Hi at all!

Have someone any problems to count the Elliott Waves correctly? Then use my modified indicator.

The indicator shows a fast and a slow RSI oscillator.

I use this indicator to find the 3. wave on any big wave -> so I can find always trend wave und can indicate with that than the correction wave.

I set an example on the chart, so you can look at the peaks the RSI oscillator shows. The highest peak show the 3. wave of Elliott Waves. If you know the 3. wave you can immediately see the wave 1, 2 and of course 4 and 5.

For better instruction this indicator get green and red, if the fast RSI is higher or lower than the slow RSI. This color changing helps also to see every spectrum of a wave.