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Elliott Wave Simplified: Price Action & SMC Trading
Hot & New
New
Rating: 4.9 out of 5(12 ratings)
29 students
Created bySunny dhar
Last updated 5/2026
English

What you'll learn

  • Master core structures like 12345, ABC, and WXYXZ monowaves to identify market cycles and trends with total objectivity and surgical precision.
  • Apply the Rule of Symmetry (Price, Time, Look) and MACD filters to remove guesswork and ensure your wave labels are grounded in market reality.
  • Identify and trade complex corrective patterns like Regular,Running and Expanding Flats to avoid retail traps and secure high-probability entry points.
  • Integrate Smart Money Concepts (SMC) like Order Blocks and Liquidity with Wave theory to anticipate institutional moves and major trend reversals.

Course content

12 sections36 lectures2h 7m total length
  • Course Introduction & System Overview2:16

    Understand the complete trading system and how trendline, MACD, elliott wave,wave structure, and SMC work together.

  • How to Use This Course (Very Important)1:24

Requirements

  • A Basic Understanding of Candlesticks: Students should know how to read a basic candlestick chart and understand common market terminology (buy, sell, support, resistance).
  • A Free TradingView Account: We will use TradingView for all our wave labeling and structure analysis. No paid subscription is required to learn the system.
  • An Open Mind to "Unlearn": This course moves away from subjective guessing. You must be willing to unlearn "blind" wave counting and adopt a strict, rule-based objective system.
  • No Prior Wave Theory Experience Needed: Whether you are new to Elliott Wave or have struggled with it in the past, this course teaches the Advance Wave + SMC system from the ground up.
  • Patience and Practice: The "Rule of Symmetry" and "Order Block" identification require practice. A commitment to reviewing historical charts is essential for mastery.

Description

If you have ever felt confused by charts, inconsistent indicators, or random market movements, this course will completely change how you read the market.

This is not a traditional Elliott Wave course.

While Elliott Wave provides a basic framework, it has major limitations. Different traders label the same chart differently, there are no strict rules for time, and most interpretations are highly subjective.

In this course, we solve those problems.

You will learn a practical, rule-based trading system that builds on Elliott Wave concepts but removes ambiguity using structure, momentum, and clear validation rules.

What makes this system different?

Instead of guessing, you will learn how to read the market logically using a structured approach that combines:

  • Advanced wave structure (12345, ABC, WXY, WXYXZ)

  • Trendline-based monowave tracking

  • MACD histogram for momentum and divergence

  • Rule of symmetry (time + price)

  • Invalidation rules to avoid wrong trades

  • Smart Money Concepts (SMC) for precise entries

What you will learn

By the end of this course, you will be able to:

  • Identify market structure with confidence

  • Distinguish between impulse and corrective moves

  • Use MACD divergence as an early warning signal

  • Track monowaves using strict trendline rules

  • Recognize high-probability setups

  • Execute trades using a clear, rule-based strategy

  • Refine entries using liquidity and order blocks

Real Market Application

This is not just theory.

You will see this system applied across multiple markets:

  • Stocks (Apple and others)

  • Crypto (Bitcoin)

  • Indices (Nifty and global markets)

  • Commodities (Gold)

Each example is broken down step-by-step so you understand how to apply the system in real conditions.

Who this course is for

  • Beginners who want a structured approach

  • Intermediate traders struggling with inconsistency

  • Advanced traders looking to remove subjectivity

Important

This is not a shortcut or a “get rich quick” system.

This is a professional framework that requires practice, observation, and discipline.

We are not trying to predict the market.

We are learning to read structure, follow rules, and react with logic.

Final Thought

Once you understand this system, you will stop relying on random indicators and start seeing the market with clarity and confidence.

If you are ready to move beyond confusion and build a real trading system, this course is for you.

Who this course is for:

  • Struggling Elliott Wave Traders: If you’ve found traditional Elliott Wave too subjective or confusing, this course provides the "Advance Wave" rules needed to make your analysis objective and repeatable.
  • Aspiring Systematic Traders: Beginners who want to start their trading journey with a logical, data-backed framework rather than relying on "gut feelings" or random indicators.
  • Price Action & SMC Enthusiasts: Traders who already use Smart Money Concepts but want to add a powerful layer of Market Structure to understand where and why institutional Order Blocks form.
  • Retail Traders Seeking Professional Logic: Anyone tired of "retail traps" like fake breakouts and wants to understand how the market actually moves through complex corrections (Flats, WXYXZ).
  • Long-Term Investors & Swing Traders: Individuals looking to identify major market cycles and catch "multibagger" moves using high-timeframe analysis (Monthly/Weekly).
  • Analytical Minds: If you value symmetry, precision, and a "top-down" approach to the markets, this structured system is designed for your mindset.