Elliott Wave Trading Made EASY, Profitable Tradingview Indicator | Become a Profitable Trader

In this video I go through the Elliott Wave, how to use it as a trading strategy, as forecast trends on Forex, crypto and stock market. Then I code a tradingview indicator.

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• What is Elliott wave theory and what is Elliott wave analysis
• What are impulsive and corrective waves and what are pullback price structures
• How to draw and how to use Elliott waves and where to start Elliott wave count
• How to make money trading stocks and Forex market using Elliott waves (on different trading platforms: Tradingview, Thinkorswim, Webull, Metatrader 4 etc)

The Elliott Wave Theory is based on the theory of the Fibonacci numbers, which sum to the next higher number. This theory was first published in 1935 by Ralph Nelson Elliott. Today, thousands of traders, investors, and portfolio managers use it to guide their trading strategies. This principle describes mass psychology and how it affects markets and the behavior of stock prices. The study of the financial markets using Elliott's model helps investors understand the behavior of the market.

The theory of Elliott Waves has been used by professional traders and investors since its invention. They are a type of chart pattern that starts before the market opens and ends when the trend reversals. Unlike other trading systems, these waves start and end before the market opens. In addition to that, they can start before the market opens, at a point of reversal, or after the market closes.

The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology.

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Timestamps:
00:00 Intro
02:56 Learn Elliott Wave
06:20 Rules of Elliott Wave
07:20 Live Example of Elliott Wave
09:00 Fibonacci and Elliott Wave
13:30 The Coded TradingView Indicator
14:10 Thomas Demark therory
15:00 My Thoughts
#trading #strategies #elliottwave

DISCLAIMER (read it please): Leverage trading is ONLY for EXPERIENCED TRADERS. If you Trade with a BOT from 3Commas on Bybit it does NOT mean you have no risk. You can still lose money if the Bot suddenly gets unprofitable.

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