Since 1994, Elliottician has undertaken groundbreaking research into the real-life application of traditional Elliott Wave theory. This research expands on the works of both Ralph Nelson Elliott during the late 1920s* and of Robert Prechter of Elliott Wave International, author of Conquer the Crash.

In mid 2003, after many years of extensive experimentation, Elliottician made a breakthrough discovery. We discovered that certain techniques, when applied consistently, produced far superior forecasting results - accurately forecasting market direction over 85% of the time! These breakthrough techniques are called the "Refined Elliott Wave Principle" - a major discovery and advance upon original Elliott Wave theory.

STEP-BY-STEP DISCOVERY OF THE REFINED ELLIOTT WAVE PRINCIPLE

Step 1: Create the World's Most Comprehensive Elliott Wave Pattern Database

To carry out comprehensive research on the original Elliott Wave theory, we realized that it would take an enormous amount of computer power. So we devised a Screen Saver that did the necessary number crunching and made it available to our client base. More than 3,000 clients and traders took up the challenge and have donated their unused computer time to the project for the past several years.

As a result, the Elliottician research team have now compiled the world's largest ever database of real market Elliott Wave patterns. For the first time since R.N. Elliott discovered the Elliott Wave principle, computer power has been used to comprehensively and statistically analyze hundreds of thousands of charts and millions of Elliott Wave patterns.

For the most part, the research has validated the original Elliott Wave theory. However, there have been some surprising and valuable discoveries that have lead to more accurate and reliable forecasting than ever before. The result is a cleaner more "Refined" Elliott Wave Principle. This is described in more detail below.

The result? A progressively more accurate forecasting system, superior to anything ever seen in technical analysis.

Step 2: Create the World's Most Advanced Stock Market Forecasting Software - The Refined Elliott Trader

Armed with the comprehensive statistics available in our Elliott Wave pattern database, the Elliottician research team developed the Refined Elliott Trader software.

The Refined Elliott Trader software package helps you identify patterns within price data. When it finds an incomplete pattern, it gives you exact odds, or an exact probability, of where the market is about to move. It's like a weather forecast for the markets.

When the Refined Elliott Trader examines a chart, it looks for common patterns - common for that type of market over that time frame. It has direct access to our unique database and compares the patterns it finds with the patterns in the database. It does not use some unproven theory - only practical and comprehensive statistics gathered from real charts of real markets. The Refined Elliott Trader can forecast the market by identifying high probability incomplete patterns, and calculating where and when the pattern is most likely to finish. Because of the size of the database and extensive statistical research, this software can give you exact odds, or an exact probability, of each forecast being correct - the only market forecasting system in the world able to do so.

Step 3: Refine the Elliott Wave Principle

In mid-2003, after many years of extensive experimentation, the Elliottician research team made a breakthrough discovery. We discovered that certain techniques, when applied consistently, produced far superior forecasting results - accurately forecasting market direction over 85% of the time. These breakthrough techniques are called the "Refined Elliott Wave Principle".

WHAT IS THE REFINED ELLIOTT TRADER (RET)?

The Refined Elliott Trader (RET) is the World's Most Advanced Forecasting Technology. RET is the result of an investment of over $10 million and 15 years of thorough research into the effective application of Elliott Wave.

RET is a forecasting and trading technology designed to drastically improve trading performance for institutional fund managers through to private traders and investors. RET is used to successfully forecast liquid financial markets such as stocks, currencies, indices and commodities. Proprietary and applied trading indicators within RET may then be used to determine entry and exit points.

The Refined Elliott Trader software fulfils two roles:

1) Market Forecasting - RET provides exact probabilities of market direction.

2) Trading Indicator Application - correct application of RET determines trading entry and exit points.

Here are some screenshots: