14:12
fxhackers
This is another analytical tool for the trader. I have a group about this approach of the Elliott Wave analysis.
This approach is completely different from the common Elliott wave applications. The common Elliott wave software and applications are trying to put the market action in a set of predetermined rigid rules. This is quite the opposite we are using manual Elliott Wave count or even we do not need to count the waves.
What we need to do is to identify segments. And in those segments we are going to use a predictive software.
Unfortunately this is not a grail because many things are not in the price, e.g. accumulation of open orders.
http://beathespread.com/groups/profile/77/elliottware-machine-learning-extension-of-elliott-wave-principle
