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Message from
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Elliott Wave Indicator - Elliott Wave in 1 Second

Q&A and Support about Steve's (Snorm) Indicators
http://www.For-Exe.com" onclick="window.open(this.href);return false;
chris2var
Posts: 23
Joined: Fri Jan 20, 2012 3:38 pm
9

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by chris2var »

I purchased Steve’s eWave indicator a couple of hours ago, but can’t be bothered to install it at the moment (as its Sunday night now). I will install it tomorrow and will run it though the back testing program to watch how it works mainly so I get the hang of how to use it.

I may have another look at just trading the wave 5 especially after downloading Steve’s eWave and this also made me start flicking though “Dynamic Trading” by RC Miner, for the wave 4 and 5 expected conditions.

I originally read this about 3 years ago but, I think the expression is “my brain exploded with overload” I went :crazy: :crazy: so I gave that up along with the original “Trading Chaos” book by Bill Williams.

And about a million other things, too numerous to mention as well.

But that was all in the past I’m here now and here is where I will stay.


Thanks, Immy, Steve ^:)^ ^:)^ ^:)^ and the rest of the community as well. ^:)^
Chris

User avatar
immy
Founder
Founder
Posts: 8689
Joined: Mon Nov 22, 2010 4:46 pm
11

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by immy »

kooky wrote:Thanks Immy,
you're explanations above are very thorough and amazing but well above the capabilities of the average trader like me. How can the Ewave software print wave numbers in advance when the peak of either Price or Ao has not yet happened, and when it does peak isnt it too late??
thanks
kooky

One more thing, that may be more useful directly in your trading. And that is, we trade a Setup. A setup is an Edge, and edge is a statistical advantage, but its not complex thing its simply likelihoods of one thing happening over the other. So the Setup is our Statistical Edge. Why? Because what we have found is that more often than not, when the Alligator Sleeps there is a breakout in either direction (more often away from the Purple line and the blue line of the Alligator) and that break out puts you into a Wave 3 after that may, note I said may, meaning there is a probability that the 3 will be followed by a 4 and then a wave 5. So it does give you heads up and gives you a perspective that can help you plan from the future but you must at all times remain in the now.

I hope this helps.
What is the Biggest Hidden Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

User avatar
humpha
Posts: 122
Joined: Tue Jan 03, 2012 3:14 am
9

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by humpha »

Steve - purchased and loaded - I have looked throught the indicator on the 1 and 4hr higher timeframes and it has predicted the peak of wave 5 several times - which is great as the wave count is a little harder to pick on HTF as it can be prolonged above or below the 0 line, this is your finest work yet - this tool looks lethal - many many thanks (wd) (wd) (wd)
Humpha - trading the waves

kooky
Posts: 133
Joined: Sun Feb 12, 2012 6:39 am
9

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by kooky »

Thanks again Immy,
I need all the help and edge I can get
kooky (hug) cant even get smilies to work!!

kooky
Posts: 133
Joined: Sun Feb 12, 2012 6:39 am
9

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by kooky »

Sorry it did work :))