Shortly, PeruTraderCharts will present to the trader´s community, four new rules for the correct usage of the Elliot Waves. We will also present the correct usage of the fan lines and the Pitchfork Lines if they are based on the Fibonacci´s Sequence. Additionally, we will present the $ NYAD usage in order to alert the vicinity of a bottom or a top of the market. We understand that we are only adding some new findings to the excellent work done by other parties. We respect and admire tremendously the figure of Ralph N. Elliott.
We have been testing our theories for over a year, posting our findings, in real time, on both the PeruTraderCharts blog and communities of StockTwits, twiter and trading views.
We have tried to expose these new tools to the people of StockTwits, so that they can verify our work and help publish these new rules in conjunction with PeruTraderCharts. It seems that they are not interested in. Nevertheless, we will continue in our efforts to demonstrate that everything has not been said in technical analysis and new rules are being discovered.