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Re: RobNThaQC post# 54817

Tuesday, 02/23/2010 7:01:21 PM

Tuesday, February 23, 2010 7:01:21 PM

Post# of 140146
Nope, no such thing out there. Believe me, we've turned over every stone looking...LOL!


The problem is that Elliott Wave recognition is part art and part science. It's difficult at best and there's just no way to plug that into a computer and make it recognize it.

There are some indicators out there that do a fair job. I think Git found one that would help pinpoint targets but you still had to recognize and label Waves 1, 2, and so on to get Waves 3, 4, and 5.

I don't think I'd really trust an indicator anyway. I'd rather do the math myself and validate the wave forms.

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