47 1 116KB
Elliott Rules Does it have sufficient historical data? Does it pass the “Clean Elliott Wave Look and Feel Test”? Does the Long Term count start at an appropriate place with an acceptable rating? Do the first two charts (long term and medium term) synchronize?
LD
Cor - Cor – Cor – Cor - Cor
ED
Leading Diagonal
ZZ Or , DZ TZ
ZZ , Or DZ TZ
4 w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 ≥ 0.5*w4
2
Imp - Cor – Imp – Cor - Imp
Ending Diagonal
Sideways IM LD ED ZZ DZ TZ FL D3 T3 CT ET Can interchange with:wA - 93/100 7/0 0 0 0 0 0 0 0 0 0 DZ & TZ
FL
C
IM or ED
C
Zigzag
C IM LD ED ZZ DZ TZ FL D3 T3 CT ET wW - 0 0 0 100 0 0 0 0 0 0 0 wX - 0 0 0 24 5 1 55 10 0 5 0 wY - 0 0 0 100 0 0 0 0 0 0 0
IM LD ED ZZ DZ TZ FL D3 T3 CT ET 0 0 45 14 5 24 11 0 0 0 wA - 0 0 0 53 16 6 10 15 0 0 0 wB - 0 wC-74/100 0 26/0 0 0 0 0 0 0 0 0
No A t ▲ ny ,D C x, Tx
X ZZ
yC An t ET No
N
ZZ
Double Zigzag
Y
Y
N o An tD yC x, Tx
wX ≥ 0.5*wW wY > wX
W
Triple Zigzag
Can interchange with:FL, D3, ET & CT
XX
X
wXX ≥ 0.5*wY wZ > wXX
Cor – Cor – Cor – Cor - Cor
Double 3
Y
x y C x, T An , D t▲ No
y C Tx An Dx, t No
yC An t ET No
T3
ZZ
wXX < wY wZ ≥ wXX
0.5*wA ≤ wB < 2*wA wC O/L wA
Cor – Cor – Cor Y
y C Tx An Dx, t No
W
XX
ZZ
C
X
y C Tx An , D x , ▲ ot
IM LD ED ZZ DZ TZ FL D3 T3 CT ET wW - 0 0 0 18 0 0 82 0 0 0 0 wX - 0 0 0 52 0 0 48 0 0 0 0 wY - 0 0 0 55 0 0 22 0 0 13 10
x yC ,T An , Dx t▲ No
Can interchange with:ZZ & DZ
ZZ yC T An t E No
Flat
W
Cor – Cor – Cor
X
Cor – Cor – Imp
Can interchange with:FL, T3, CT & ET
D3
ot A n ▲ yC ,D x, Tx
Can interchange with:ZZ & TZ
TZ
or IM ED
A
A
Imp – Cor – Imp
W
yC An t ▲ No
N
wB < wA wC > 0.7*wB
0.5*wA ≤ wB < 2*wA wC O/L wA
y An
IM D L or
B y An
B
Can interchange with:D3, T3, CT & ET
0 0 30 6 2 40 12 0/9 8 3 wB - 0 wC - 82/100 0 18/0 0 0 0 0 0 0 0 0
wX < wW wY ≥ wX
ZZ , O r DZ TZ
IM
IM
2
w1 2 w2 -
Sharps
wX < wW wY ≥ wX
IM o ED r
IM E D or
IM LD or
w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 ≥ 0.5*w4
5 yC
IM LD ED ZZ DZ TZ FL D3 T3 CT ET 93 7 0 0 0 0 0 0 0 0 0 0 0 0 42 8 1 40 10 0 0 0 w3 - 100 0 0 0 0 0 0 0 0 0 0 0 0 0 32 3 1 48 8 0 5 5 w4 w5 - 93 0 7 0 0 0 0 0 0 0 0
4
yC An t ▲ No
4
3 An
C
Impulse
DZ
1
C
C y An ot ▲ N
IM L D or
1
Imp – Cor – Imp – Cor - Imp
ZZ
Can interchange with:- IM & LD Appear:- w5 of IM
5
3 y An
An y
1
IM
Can interchange with:- IM & ED Appear:- w1 of IM (only rising)
5
3
C y An o t ▲ N
Can interchange with:- LD & ED w2 O/L w4 w2 < w1 w3 > w2 w3 > w1 or w5 w5 ≥ 0.7*w4
1) Wave 2 does not fall below the starting price of wave 1. 2) Wave 3 is not the shortest wave by price movement when compared to wave 1 and wave 5. 3) Wave 4 does not overlap the range of wave 1.
Cor – Cor – Cor - Cor - Cor
Z
Triple 3
Z
Triangles Tx x,
x Dx ,T
x x, T
ZZ ,D
x, T
C
x
A No n y C t▲
,D
,D
ZZ
ZZ
wB < wC ≤ 2.5*wB wC < wD ≤ 2.5*wC wD < wE ≤ 2.5*wD wA or wB = Min
x
T x,
A
,D ZZ
D3 T3 CT ET 0 0 0 0 0 0 0 0 4/6 0/1 0 0 2/4 0 0 0 0 0 1 0
x
E
ZZ DZ TZ FL wA - 63/51 22 9 9/16 wB - 62/69 25 10 0 wC - 70/66 15 6 9/5 wD - 82/71 11 2 3/14 wE - 83/86 12 2 0
Can interchange with:FL, D3, T3 & CT
B
x, T
Contracting Triangle
0.2*wD ≤ wE < wD wE O/L wA wA or wB = Max
D
ET ,D
,
Cor – Cor – Cor - Cor - Cor
, Tx x, ,D T ZZ Or C
yC An t ▲ No
x x, T ,D ZZ r FL o
A
C
Can interchange with:FL, D3, T3 & ET Appear:- @ any C wE of CT
ZZ
D
ZZ ,
B
CT
Cor – Cor – Cor - Cor - Cor
Expanding Triangle
E