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Elliott Wave Theory

As a user of MTPredictor for over 10yrs, I just wanted to thank you and your team for the continued development and training of such a fine trading applicaton and methodology. Yesterday morning I managed to enter a premarket trade on the NQ emini (2 min.) chart. This ended up with a 24.2R (less commissions) return on the trade! I was absolutely floored by the result!!

Alan, Private Trader

Risk Disclaimer Testimonials herein are unsolicited and may not be representative of the experience of other Customers and is not a guarantee of future performance or success.

Elliott Wave Theory

Elliott Wave Theory interprets market actions in terms of recurrent price structures that follow the Fibonacci sequence. Basically, Market cycles are composed of two major types of Wave : Impulse Elliott Wave and Corrective Elliott Wave. Impulse wave can be sub-divided into a 5-wave structure (1, 2, 3, 4, 5), while a corrective Elliott Wave can be sub-divided into a 3-wave structures (a, b, c).

 

For more a more detailed look at each Elliott Wave, click on the links below:

 

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