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can some one tell how performance using elliot wave???
hi,
very subjective everyone could have differenent counts even if looking at the same chart and same time frame for example on 5 minute time frame i can create 5 impulsive wave moving up and say there will be a massive down move which will go lower than the whole up move while somebody else might say that is not the case cause his or her counts are different. Idea is not the counts here but recognize the pattern which is created by elliotwave.
i look for -cwave
hope this helps u need more reference on elliotwaves pls write i can provide
you can use macd 5-34-5 to get the same results, or even better use the Awsome Oscilattor.
yes awsome oscillator is good i have seen it running on live charts with very good results accompained with elliot waves but i find it very hard to create elliot waves i will stick with my channels