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ElliotOscillator

I was searching for some help with Elliot Wave Theory and I came upon this indicator on the Ninja forum.

It seems to be pretty helpful picking the end of trend moves.

If anyone cares to share any documentation on other uses, I would love to see it.

Category NinjaTrader 7 Indicators

Details: ElliotOscillator
Category: NinjaTrader 7 Indicators

February 15th, 2011
Size: 3.75 KB
Downloaded: 1881 times

Keywords: elliott oscillator theory wave

Comments/ratings

dilbert618 December 4th, 2012 04:10 PM

Thanks peakskill

teamtc247 July 15th, 2013 03:32 PM

Awesome indicator for convergence/divergence.

poodman September 4th, 2013 01:47 AM

looks like the Awesome Oscillator, maybe it will be easier to install and use

Trailer Guy January 27th, 2016 04:01 PM

Wow, this really works well on my 20,000 tick es chart. I don't understand the point of the color changes but that is OK. If you want to see how someone uses this for counting go to studyofcyclesblogspot and see how the "Elliot Trader" counts. I just like the way it says "this move is over".

ronturner January 18th, 2017 04:22 PM

I think that this is also called the caos awesome oscillator. Some use this to identify wave 3 (strongest, ie highest or lowest crest) to identify wave 3. The next crest would show divergence (weaker) for wave 5 or the end of that impulseive wave.