Description
The basic idea of the Elliot Wave is that there is a wave pattern that repeats itself. Once the current wave is identified a trader can assume the direction of the trend. The key is to learn how to identify waves correctly a task that is also highly subjective.
Using the Elliot Wave Oscillator requires a little knowledge and there are different analysis theories and techniques. It can be a powerful tool but one needs to spend some time studying and deciding which theory to use.
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adaled
Joined on 17.09.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: ElliotOscillator.algo
- Rating: 5
- Installs: 11191
Comments
Hello,
Could you please explain how to understand this indicator?, Colors and what does mean when position stay over or down to point 0.00, when the vertical lines are within in a red line?
In conclusion all information that you could give me.
Thanks in advance
Hola,
Lo descargo y lo instalo, pero cuando lo voy a usar me manda a la pagina de descarga.
Espero me ayuden.
Gracias