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Indicator is calculating thousands possible waves (patterns) and wave combinations, taking into account every elliott wave rule, every fibonacci ratio and the fractal nature of the chart. Scientists recognize a tree as a fractal, but that doesn't mean anyone can predict the path of each of its branches. Ralph nelson elliott discovered that stock market prices trend and reverse in recognizable patterns called waves. Collins, elliott's ideas received the attention of wall street in a series of articles published in financial world magazine in 1939. The 5 + 3 waves define a complete cycle.
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