Elliot Wave Principle icon

3.1 by joedevapp


Oct 28, 2020

About Elliot Wave Principle

The Basic Trading of Elliot Wave Principle for predicting price movements.

The Elliott Wave Theory was developed by Ralph Nelson Elliott to predict price movements by observing and identifying repetitive wave patterns.

The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors.

The Elliott Wave Theory consists of impulse and corrective waves at its core:

* Impulse Waves - Impulse waves consist of five sub-waves moving in the same direction as the trend of the next largest size.

* Corrective Waves - Corrective waves consist of three sub-waves moving in the opposite direction as the trend of the next largest size.

These impulse and corrective waves are nested to create larger patterns. For example, a one-year chart may be in the midst of a corrective wave, but a 30-minute chart may show an impulse wave. A trader might interpret this as a long-term bearish outlook with a short-term bullish outlook.

What's New in the Latest Version 3.1

Last updated on Oct 28, 2020

SDK Update

Translation Loading...

Additional APP Information

Latest Version

Request Elliot Wave Principle Update 3.1

Uploaded by

Meek Rafael O Traido

Requires Android

Android 4.1+

Show More

Elliot Wave Principle Screenshots

Comment Loading...
Languages
Searching...
Subscribe to APKPure
Be the first to get access to the early release, news, and guides of the best Android games and apps.
No thanks
Sign Up
Subscribed Successfully!
You're now subscribed to APKPure.
Subscribe to APKPure
Be the first to get access to the early release, news, and guides of the best Android games and apps.
No thanks
Sign Up
Success!
You're now subscribed to our newsletter.