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Elliott Wave False Breakout Stochastic

FREE

Published: 13 July 2021

Current version: 1.0

Elliott Wave False Breakout Stochastic

Name: Elliott Wave False Breakout Stochastic
Rating: 4 (1 reviews)
Author: Paul Bratby

Indicators
Paul Bratby
Paul Bratby
Spain

3575
4 (1)
6 products 3 topics 2 comments
Version: 1.0

False Breakout Stochastic to be used with our Elliott Wave Indicator as part of the overall strategy on trading the 5th wave.
As we cannot upload multiple files, we have listed this separately.

False Breakout Stochastic is best used as a confirmation tool rather than the sole signal indicator

The Elliott Wave Indicator Suite is designed around a simple but effective Swing Trading Strategy.

The Indicator Suite is great for Stocks, Futures and Forex trading on multiple timeframes

You can find the main Elliott Wave Indicator here https://www.mql5.com/en/market/product/44034

more...

Screenshot #1 Elliott Wave False Breakout Stochastic

Screenshot #2 Elliott Wave False Breakout Stochastic

10309

Aravind Kolanupaka 2024.06.18 16:57 #

Good supplement indicator than can be used as confirmation for swing trades.

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Think of an Experienced Traders’ Brain as a blueprint for a trading algorithm. Then the desire to keep charts as clutter free as possible. What you see below is a blueprint of Paul Bratby’s thought process but even he admits, he is getting too old to focus on all of these! • 9 Decision Points before Paul considers grading the trade a 3* trade • Then another special Decision Point will make it a 4* trade • Another for 5* trade • And Finally, a total of 12 Decision Points being correct before he

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5/35 Oscillator to be used with our Elliott Wave Indicator as part of the overall strategy on trading the 5th wave. The Elliott Wave Indicator Suite is designed around a simple but effective Swing Trading Strategy. The Indicator Suite is great for Stocks, Futures and Forex trading on multiple timeframes You can find the main Elliott Wave Indicator here https://www.mql5.com/en/market/product/44034

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With the purchase of the Auto-Harmonic Pattern Recognition Trading Software for MT4 , you will have access to: The Auto Harmonic Pattern recognition software is designed to take the heavy lifting out of a traders Harmonic trading strategy. The Software automatically Identifies and Projects Harmonic Pattern Completion Zones for the 6 most trade-able Harmonic Patterns. If the Pattern Completes in the projected zone, then there is a high probability of the resulting trade being successful. Pleas

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Filter:

10309

Aravind Kolanupaka 2024.06.18 16:57 #

Good supplement indicator than can be used as confirmation for swing trades.

3471

John Winsome Munar 2022.06.21 03:43 #

User didn't leave any comment to the rating

2584

ThorstenKock 2021.07.14 16:46 #

User didn't leave any comment to the rating

3575

Reply from developer Paul Bratby 2021.07.16 13:49 #

Hi, Appreciate all feedback, however, as explained in the description, this indicator forms as part of our Elliott Wave Indicator Suite.
However, as we cannot upload 3 files into 1 market listing, we had to create this separate listing for it.
We 100% agree that you should not take Stochastic crossover as a sole signal. In this instance, its used (along with our 5/35 Oscillator) to confirm if a 4th wave is a valid entry point to trade the 5th wave.