Elliott Wave Good Trade 3

MayaxatL wrote: Wed Jul 22, 2020 2:24 pm
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Maya, welcome to the site. Thank you for taking the time to share these systems and files!

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Thanks again for sharing

MayaxatL wrote: Wed Jul 22, 2020 2:24 pm Elliott Wave Good Trade 3

Hello, guys...
Does anyone have the original non-decompiled version of MT4_GoodTrade 3.mq4 ??
If someone have it, PLEASE share. Very much needed !!!

MayaxatL wrote: Wed Jul 22, 2020 2:24 pm Elliott Wave Good Trade 3

Thanks for this indicator will test it out

There is also a goodtrade 5

I dont know whether there is any difference in logic or whether it is just visuals (Both are repainters).

Not sure where it originates from but have 3 under variety of other names and every mq4 file I've seen is decompiled.)

wildwombat wrote: Thu May 05, 2022 7:44 pm

Thanks, man, Elliot - works really well once you have found out whether you should buy or sell:
EURGBP H1

josi wrote: Thu May 05, 2022 8:38 pm Thanks, man, Elliot - works really well once you have found out whether you should buy or sell:
EURGBP H1

It's an amazing indicator, wish it had a few options to turn certain lines on and off... guess you cant have it all... but maybe I can manage that on my own.. somehow.

josi wrote: Thu May 05, 2022 8:38 pm Thanks, man, Elliot - works really well once you have found out whether you should buy or sell:
EURGBP H1

And have you found when buy or sell?
Explain it to us

MayaxatL wrote: Wed Jul 22, 2020 2:24 pm Elliott Wave Good Trade 3

sorry, but the indicator is absolute garbage. It is impossible for an automatic system to get a useful Elliott wave count. For that it would need a self-learning AI. I have been using the EW for almost 7 years and have perfected the system to the last and my insight from the last 5 years is that there are actually almost no 5 wave movements nowadays, but almost everything can be counted corrective as abc or even rather wxy. As I see it here, it try to count everything as 12345, as it corresponds to the original version from the 20s, where there was no computer trading, 24h charts and so on. Each wave is usually as long as the previous reference wave, as is the case blank book wise with corrections. An exception in the current markets is the USDJPY, here was quite clearly a 12345 to see, but in the large also within an ABC.

This count here is the only one that makes sense.

Another version