How does Tradecision Elliott Waves?
A. Tradecision’s Elliott Wave study uses the simplified Elliott Wave theory that states that price usually makes a 5-wave pattern in one direction, followed (in most cases) by a corrective pattern, and, finally, by a new 5-wave pattern in the opposite direction. The Tradecision Elliott wave study uses a special mathematical algorithm to resolve conflicting situations and identify waves and corrections as precisely as possible. Experts can fine-tune this algorithm. For example, it’s possible to specify a parameter that indicates the percentage for which Wave 4 can overlap Wave 1 before the Wave count is considered invalid . Q. Where I can read about the description of indicators? A. Tradecision’s Help contains a library with a description of the 100 + most popular built-in indicators, including MACD, RSI, Stochastic, PercentR, Bollinger Bands, Average True Range, and others. Q. What is Fibonacci Clusters? A. Using Fibonacci Clusters you can determine the probability of a trend reversal
