Money Clues Fx Education
The video discusses the Elliott Wave by Lux algo for understanding the market trend. The indicator detects and displays impulse and corrective waves and allows users to recognize patterns. The video provides examples of waves and counter trends and discusses the rules to follow. In the next video, a trading strategy using the Elliott Wave will be presented. Viewers are encouraged to subscribe and like the video.
Understanding the Elliott Wave by Lux Algo Demystified
Introduction
The Importance of Understanding the Elliott Wave by Lux Algo
How to Add the Indicator on Your Chart
How the Indicator Works
The Basic Principles Used to Identify the Elliot Wave Impulses
Example 1: Understanding an Uptrend
Example 2: Understanding a Market Direction Change
The Importance of Following the Rules When Trading with the Indicator
Conclusion
