The Mirror Market Theory

The Mirror Market Theory

Elliot Wave Theory was very popular in due time and remains the same nowadays, but modifications and additions are usually attending any new tendency. The mix of Chaos Theory and Wave theory, joining in order to present the world the Mirror Market Theory became as such example.

In the Internet you can find a lot of different things. The mirror script developed by the ChaosTradingGroup team was a surprise for me. Despite the quite ambitious manners for the exact predictions of the price fluctuations movements, their developments fully justify its mission. What is the point of this wonderful mirror developed by chaos adherents?

The market movements form the infinite sequence of “inflow” and “outflow” cycles of price fluctuations, as Elliot had noticed. The perfect wave is built by cycles 8, 34, 144, all waves of which come from the zero point. Script-mirror searches such zero points, after which the market starts to reflect itself. The script’s point is that from the set of such points to find the most important centers, which very precisely repeat the historical data and afterwards forecast further price movement.

The usefulness for trader is undeniable, but, unfortunately, there is no full instruction for work with script and, moreover, the trading strategy with clear rules on the script’s installation and points of the entry and exit in the free distribution.


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