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Elliott Wave False Breakout Stochastic

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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

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Aravind Kolanupaka 2024.06.18 16:57 #

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

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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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Filter:

10304

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.