Bitcoin (BTC/USD) Timeframe: 4-Hour Script: ew_backtester.py
Many GitHub indicators "repaint." This means the wave label changes after the fact. A script might mark a "Wave 3" in real-time, but when the next candle closes, it re-labels it as "Wave 1 of a larger degree." Backtests based on repainting scripts are dangerously optimistic. elliott wave github
Even with strict rules, there are often three valid ways to count the same chart. A computer will choose the path of least mathematical resistance, which is often wrong during complex corrections (triangles, running flats). Bitcoin (BTC/USD) Timeframe: 4-Hour Script: ew_backtester