World’s First Fully Automatic Elliott Wave Indicator 🤯

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All of the content on our YouTube channel is for educational purposes only. No data, content, or information provided by LuxAlgo, the Site, or the other products and services of LuxAlgo, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.

CFTC Rule 4.41 - Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

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Yes, it shows the waves when they are completed. But I make one use of it which works. After wave 5 completes, price tends to retrace quite deep. You can place an opposite trend trade after wave 5 completion and have SL behind wave 5. Works.

khanachakzai
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Obviously a bunch of you people who commented with negative criticism can not trade in the first place. You must understand price to enjoy the brilliance behind this indicator! Thank you @lux algo I truly appreciate this indicato!

michaelsears
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Unfortunately.. it detects the Elliott wave pattern after it ended. it will be better if this indicator can predict the next move .. but overall, it's amazing work. ✌

EGFinance
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Please Can u make full video how to use it and explain every single thing in this indicator

harshithnerella
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Much appreciated, Man! Love your works! Thanks for making everyone's life easier!

turkiyeizmir-hfkb
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“This thing will automatically detect Elliot wave impulses as well as corrective segments” I don’t know what any of this means, y’all have fun tho

storydevice
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nice one, , pls can you make a strategy with this so we can see, , it looks great

agendiagodwin
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Please explain how to take trades using this indicator

jonathanebong
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What means the X on this indicator at some points?

thedon
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Please post a video for the Elliot wave indicator settings

rameshrengaraj
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Thanks for free usage. Could you do some video tutorial. Thank you. 👍

knarim
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Great job!! Not the first though hubb has had it for years

ImTheFatDad
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ha yes....the fabulous indicator who show more falls signals than win signals, thx

jean-mauricelozic
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Hi
I am using this SMC by lux algo...very useful...is their any other indicator we can use in combination with smc for more confirmation while trading

trajan
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Suit yourself. Trade with whats works for y'all. Happy trading

rezza
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Good afternoon, I would like to know if further work is underway on this algorithm? What about the initial and final diagonals? What about Double zigzags, triangles, Planes?

sedoytom
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Really great indicator, it's a little off though
I would suggest using volume climaxes to help indicate end of 3rd waves
This is very good though, Elliott Wave takes years to master and this will help alot of people go in the right direction
Awesome stuff

SimplyTrading-pj
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Sir plz make full video of this indicator

Stepupcoaching
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Can anyone explain what the big red “X” means?

joecrawfordreptiles
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Elliott wave is a think that can't make any indicator unless human brains 🤔

But I think you have much effort on it so much appreciated 👏

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