Elliott Wave Indicator for Objective Elliott Wave Trading

<p>Elliott Wave Indicator for Objective Elliott Wave Trading Elliott Wave is popular Trading strategy in the trading world.&nbsp; The Elliott Wave Theory was originally developed by Ralph Nelson Elliott. It was populated by Robert Prechter.&nbsp; In the original Elliott Wave Theory,&nbsp; Ralph Nelson Elliott left three Wave rules in counting Elliott Wave. A correct Elliott Wave counting must observe three rules: Wave 2 never retraces more than 100% of wave 1. Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5. Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation. These three rules are the very general statement about the movement of the financial market. There are a lot of subjectivity when we apply these original rules in trading. Hence, we do not recommend you to trade with these general rules. In practice, we need more specific and objective rules instead of above general rules. Yes, we will</p>