It has very excellent Elliott wave based analysis engine technology. The Elliott Wave Forecaster is the most advanced and accurate Elliott Wave based software. The proprietary technology that powers the Elliott Wave Forecaster is the result of more than a decade and a half of comprehensive research, including the analysis of millions of Elliott Wave patterns that were identified across a broad range of instruments within the world’s major financial markets.
When the Elliott Wave Forecaster analyzes a chart, it constructs Elliott Counts on the most likely scenarios based on the most commonly found patterns in similar markets as per the research. The forecast produced is a compiled “Probability Map”, based on frequency histograms that display the most common outcomes of similar patterns found in similar markets.
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