Support Board
Date/Time: Sun, 16 Mar 2025 23:33:39 +0000
Post From: Sierra Chart - Elliot Wave?
| [2022-06-18 13:03:05] |
| User365411 - Posts: 193 |
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As a user of Elliott wave theory for about 30 years my opinion is that coding a study on automatic counting of Elliott waves is a total waste of time and SC engineers would do better to focus on other aspects that are left behind on other studies. To apply the theory you have to know it well and apply it for years, reading a book is not enough, and it's not like porting a formula written for tradestation or similar. There are too many variables and nuances to implement and filter, the risk is to obtain a study that does not satisfy anyone because it does not work as everyone expects it to work according to his personal theory. And add job to SC staff to modiìfy this and that... Rather a simple but comprehensive tool to manually draw and edit waves could be useful, as already exists in tradingview. For automatic wave counting in my opinion it is better to use programs that were created just to do that and that have programmers and consultants who know exactly what to write in the code. Just my 2cents Date Time Of Last Edit: 2022-06-18 13:15:26
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