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Elliott Wave False Breakout Stochastic

4

False Breakout Stochastic to be used with our Elliott Wave Indicator as part of the overall strategy on trading the 5th wave.
As we cannot upload multiple files, we have listed this separately.

False Breakout Stochastic is best used as a confirmation tool rather than the sole signal indicator

The Elliott Wave Indicator Suite is designed around a simple but effective Swing Trading Strategy.

The Indicator Suite is great for Stocks, Futures and Forex trading on multiple timeframes

You can find the main Elliott Wave Indicator here https://www.mql5.com/en/market/product/44034



Reviews 3
Aravind Kolanupaka
8935
Aravind Kolanupaka 2024.06.18 16:57 
 

Good supplement indicator than can be used as confirmation for swing trades.

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Aravind Kolanupaka
8935
Aravind Kolanupaka 2024.06.18 16:57 
 

Good supplement indicator than can be used as confirmation for swing trades.

John Winsome Munar
3471
John Winsome Munar 2022.06.21 03:43 
 

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ThorstenKock
2584
ThorstenKock 2021.07.14 16:46 
 

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Paul Bratby
3000
Reply from developer Paul Bratby 2021.07.16 13:49
Hi, Appreciate all feedback, however, as explained in the description, this indicator forms as part of our Elliott Wave Indicator Suite.
However, as we cannot upload 3 files into 1 market listing, we had to create this separate listing for it.
We 100% agree that you should not take Stochastic crossover as a sole signal. In this instance, its used (along with our 5/35 Oscillator) to confirm if a 4th wave is a valid entry point to trade the 5th wave.
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