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...
This indicators is based on Elliot Wave Oscilattor (EWO) modificated to detect automatically the waves, green numbers detects impulsive waves and red numbers detects regressive waves, it only detects waves in the actual timeframe and detects better the regrasive waves like 3 or 4 of c of an ABC wave.
recommended only use in forex to better detect waves.
Compresses 8 fractal oscillator timescales into a ribbon of up to 5 composite lines.
This is a smoother version of the original Fractal Composite with alerts on reversals in the overbought/oversold zones.
Fractal Composites normalize and 'cartoonize' the price chart to fit and bounce between statistically-defined overbought and oversold zones. Each lines...