Elliott Wave LuxAlgo Indicator Trading Strategy + Backdate Test

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Surely works with a RR of 2 and a 58% wr... Comment section shouldn't take this "backdate" too serious. Was performed on 58 trades which will most likely be an overfit on a certain time range where it "worked". Furthermore the strategy won't work properly. Try it again with replay on Tradingview. This indicator is just noise nothing else

descy
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I did not get a thing here, luxalgo elliot wave strategy is not live, what i mean by that is it just plot the lines on candle atonce, you just see that 5 waves have been formed. I would like a strategy that draws these line as the candles are moving and not plotting it there once the wave is done.

onegeami
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Luxalgo is a king of repaint indicators

vivekrathore
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What TF are you testing this strategy?

busayananchairob
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hi, the elliot wave indicator does not seem to work on the live chart. is there a reason why??

alishiaadams
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Sir, kindly explain significance of couple of sign in the indicator like red xx, blue circle and box

bipinmakwana
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Thank you for your sharing. May i know which one of time frame you use for eliot waves strategy?

vincenciusriaudy
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CAN YOU GUIDE US HOW TO USE SUPPLY AND DEMAND VISIBLE RANGE INDICATOR LUX ALGO?
HOW TO CHOOSE THE USEFUL RANGE? HOW FAR BACK IN TIME?

fordhood
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Sorry for being cheeky, but what is the point of an indicator with a 50% win-rate on a 50/50 outcome of up or down? Might as well throw a dart, blindfolded.

jonathanlee
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Thank you for sharing this video. It was informative.

AnthonysTradingChannel
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What do you mean by "High 10 bars prior to the previous high are all lower." time stamp between 2 mintues and 2:50 minutes
you talk something and moves the mouse differently .

atulpatil