wave 4 always in territory of wave 1 !!!

[Essaidovski]

Hello,
While auto analyzing elliott wave, it always give wrong analysis in impulsive wave . in all impulsive waves result , the wave 4 penetrates deeply in wave 1 !! ridiculous .
I dont understand why this happened every time !!
i am still missing some setting ?
Please guide if possible .
Thanks

 

[Essaidovski]

here is an exemple from today chart

 

[pnakos]

This could be considered an ending and a leading diagonal!
THe problem I see is that accepts abc patterns in motive (not corrective) waves! I have told this to them many years ago but it is inherit their elliott wave core code and they dont want ( or cannot) to change it. Elliott wave with motive wave is tough! I cannot trust it!

 

[Hakata]

Hello! In correction waves, wave 4 entering the territory of wave 1 is allowed in correction waves. In impulse waves - no.

 

[Ola]

This could be considered an ending and a leading diagonal!
THe problem I see is that accepts abc patterns in motive (not corrective) waves! I have told this to them many years ago but it is inherit their elliott wave core code and they dont want ( or cannot) to change it. Elliott wave with motive wave is tough! I cannot trust it!

Hi Motive wave can be impulse or Diagonal. for Diagonal only wave 3 is impulsive. wave 1 and 5 can be either. so 3-3-5 coming up on 1 and 5 tells you what type of motive wave your dealing with. i hope this helps

 

[Ola]

Hello,
While auto analyzing elliott wave, it always give wrong analysis in impulsive wave . in all impulsive waves result , the wave 4 penetrates deeply in wave 1 !! ridiculous .
I dont understand why this happened every time !!
i am still missing some setting ?
Please guide if possible .
Thanks

Impulse and Diagonal are two kinds of motive waves. Wave 4 during impluse wave doesnt enter price territory of wave 1 and wave 2 ( in expanded and runing flat). Wave 4 doesnt follow that rule in a diagonal. Diagonal can be 5-3-5-3-5 or 3-3-3-3-3. i hope this helps

 

[Terry61]

here is an exemple from today chart

What you may not understand, in Leading Diagonals and Ending Diagonals, wave 4 does overlap wave 2. Where you cannot have an overlap, is in Impulse wave 3. In your examples, moving down in 1 is a Leading Diagonal, as well as moving up in circle-a.

 

[pnakos]

Hi Motive wave can be :mpulse or Diagonal. for Diagonal only wave 3 is impulsive. wave 1 and 5 can be either. so 3-3-5 coming up on 1 and 5 tells you what type of motive

Hi I know its been a while...

I do not refer on this! Look the chart below (today in MES 3 mins... does it look diagonal to you? besides that , diagonals have to have other characteristics as well!