I hope I am doing something incorrectly in my scans, but so far I cannot make any sense of the results the scanner gives me when I just choose an Elliott Wave 3 (DN) or (UP) or an Elliott Wave 4 (DN) or (UP).
My issue is that I am wanting to find any stock that on the time frame I have chosen has a 3 or a 4 wave Elliott Wave indication right at that moment in time.
Of course it would be nice to ask it to be within X number of bars from the current bar too. I am seeing inconsistencies in every chart. For 3 (DN) I will see a 4 Primary wave already occurred for example. And I assume that the 3 (DN) would be a 3 Wave that has completed and the Wave itself was down, but the wave being up in direction and the movement after that being down.
So I guess I either need some enlightenment or there is an issue. Thanks.
My issue is that I am wanting to find any stock that on the time frame I have chosen has a 3 or a 4 wave Elliott Wave indication right at that moment in time.
Of course it would be nice to ask it to be within X number of bars from the current bar too. I am seeing inconsistencies in every chart. For 3 (DN) I will see a 4 Primary wave already occurred for example. And I assume that the 3 (DN) would be a 3 Wave that has completed and the Wave itself was down, but the wave being up in direction and the movement after that being down.
So I guess I either need some enlightenment or there is an issue. Thanks.
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