Elliott Wave Scalper by xitaxuta

🚀 Elliott Wave Continuation Strategy (Rule-Based)

This is a rule-driven Elliott Wave continuation strategy designed to capture high-momentum Wave-3 moves after a confirmed impulse and corrective structure.

Rather than relying on subjective wave counting, this strategy converts classic Elliott Wave concepts into objective, testable rules using market structure, swing pivots, Fibonacci behavior, and momentum confirmation.

🔍 What makes it different

Translates Elliott Wave theory into clear, repeatable logic

Focuses on continuation setups, not prediction

Designed for lower timeframes while filtering market noise

Built with risk invalidation at the structural level, not arbitrary stops

📈 Core Philosophy

Markets move in waves — but not every wave is tradable.

This strategy waits for:

A valid impulsive move

A controlled corrective phase

Clear confirmation that price is transitioning back into expansion

Only then does it allow entries — aiming to align with the strongest phase of the trend, where momentum and structure agree.

🧠 Built for Serious Testing

Fully rule-based for consistent backtesting

Highly configurable inputs with clear explanations

Designed to help traders study behavior, timing, and risk efficiency

Works across markets and sessions

⚠️ Important Notes

This is not a signal service

Best used as a framework for testing and refinement

Results depend on market conditions, timeframe, and risk settings

Proper risk management is essential