Elliott Wave Absolute Tradingview !!link!! <95% EXTENDED>

What are you currently charting (e.g., BTC, SPY, Gold)?

The Elliott Wave Principle is one of the most enduring methods for predicting market trends, but its complexity often intimidates retail traders. On platforms like TradingView, the "Absolute" approach to Elliott Wave focuses on removing subjectivity by using precise mathematical ratios and automated scripts to identify high-probability setups.

These move with the primary trend.

These move against the primary trend.

In an "Absolute" framework, traders stick to three unbreakable rules to validate a count: Wave 2 never retraces more than 100% of Wave 1. Wave 3 is never the shortest of the three impulse waves. Wave 4 never enters the price territory of Wave 1. Setting Up Your TradingView Canvas elliott wave absolute tradingview

💡 Wave 3 almost always shows an RSI overbought reading, while Wave 5 often shows a bearish divergence (price goes up, RSI goes down).

💡 Confirm your "Primary" wave on a Daily chart, then drop to the 1-hour chart to find your "Sub-wave" entry. What are you currently charting (e

Wave 3 is the strongest and most profitable. In an Absolute setup, the target for Wave 3 is typically the 1.618 extension of Wave 1. Use the tool to mark this level. 3. The Wave 4 Filter

Essential for measuring Wave 2 (usually 0.618) and Wave 4 (usually 0.382). These move with the primary trend