Mastering Elliott — Wave Glenn Neely Link ((hot))
Neely developed a software program (now legacy/commercial) that automates the strict counting rules. While Neely himself warns against blind automation, the EWA serves as the technical link between his logic and your charting platform (TradingView, MotiveWave, etc.).
The most challenging part of traditional wave theory is identifying corrections. Neely breaks down corrections into: Zigzags (and complex combinations) Flat patterns (Regular, Expanded, Running) Triangles (Contracting, Barrier, Limiting) mastering elliott wave glenn neely link
No method is perfect, and the Neely link has distinct drawbacks that you must acknowledge. Running) Triangles (Contracting
Neely views price patterns as the graphic embodiment of mass psychology, quantifying seemingly random market undulations into predictable structures. Rule-Based Logic: Limiting) No method is perfect