The Elliott Wave Theory is a technical analysis approach to predicting financial market trends based on the wave theory principles. As such, it is a method that is widely employed in trading and investment circles for its ability to accurately identify price movements and market trends. To help traders and investors gain a better understanding of this trading approach, there are various online courses available that offer comprehensive instruction on the subject. In this article, we will provide an overview of some of the best Elliott Wave Theory courses available online.
Here’s a look at the Best Elliott Wave Theory Courses and Certifications Online and what they have to offer for you!
10 Best Elliott Wave Theory Courses and Certifications Online
- 10 Best Elliott Wave Theory Courses and Certifications Online
- 1. Technical Analysis Elliott Wave Theory for Financial Trading by Indian Insight (Udemy) (Our Best Pick)
- 2. Elliott Wave Principle – Trade and Invest with Confidence! by EWTIC Mentor (Udemy)
- 3. Elliott Wave Theory | Master & Apply with a C# Showcase App™ by Mall Academy (Udemy)
- 4. Predict the Market with Harmonic Elliott Wave Analysis by CastAway Trader (Udemy)
- 5. Learn Elliott Wave: Become A Professional Trader or Analyst by Traders Club (Udemy)
- 6. Trading Harmonic Elliott Waves like a PRO by CastAway Trader (Udemy)
- 7. Learn the Basics of the Wave Principle: by Elliott Wave International (Udemy)
- 8. Elliot wave, Fibonacci , Harmonic pattern & GAN FAN trading by Satyendra Singh (NCFM and NSIM Certified) Technical, Fundamental, options , Portfolio & Research analyst (Udemy)
- 9. Elliott Wave for Beginners by Fernando Y. (Udemy)
- 10. Elliott Waves Can’t be Used for Trading-This Myth is Busted. by Mohammad khan (Udemy)
1. Technical Analysis Elliott Wave Theory for Financial Trading by Indian Insight (Udemy) (Our Best Pick)
The Technical Analysis Elliott Wave Theory for Financial Trading course is designed to teach advanced technical analysis for financial trading in stock market, commodities, and forex futures and options. The course is based on an advanced concept in technical analysis, popularly known as Elliott Wave Theory, discovered in the 1930s by Ralph Nelson Elliott. The course is divided into four sections, each covering various patterns and rules associated with the theory. The course also provides numerous real-life financial trading examples, demonstrating the practical applicability of the concepts covered in the course. The course is taught by Yash Utmani, the Founder & Instructor of Indian Insight, who was ranked 8th in Position Trading & 12th in Day Trading in Equities Segment in the last concluded edition of Pro Advisory Championship Competition, India 2016.
According to student feedback, the course is well-structured, with Yash Utmani receiving praise for his clear and organized thought process. The course is suitable for both short-term trading and long-term investing purposes or for any other financial trading. The course aims to help students understand the advanced concept of Elliott Wave Theory from technical analysis, which can be difficult to understand initially. However, once applied, it can provide insights into financial trading that are difficult to achieve with classical technical analysis.
The course is divided into four sections: Introduction to wave theory, Motive Waves, Corrective Waves, and Elliott Wave Rules & Guidelines. The various technical analysis patterns associated with the Elliott Wave Theory are covered in detail. The course also covers many examples from real-life financial trading to demonstrate the applicability of the concepts to different areas of financial trading. The course is suitable for students with some knowledge of classical technical analysis, as well as those new to technical analysis.
The applicability of this advanced technical analysis tool across financial markets makes it one must have tool for all serious practitioners of technical analysis.
2. Elliott Wave Principle – Trade and Invest with Confidence! by EWTIC Mentor (Udemy)
The Elliott Wave Principle – Trade and Invest with Confidence! is an online course that aims to teach traders and investors how to succeed in trading and investing. The course consists of theory, practice, and live markets, and is suitable for those interested in various types of trading and investing, including Futures Trading, Forex Trading, Financial Trading, Options Trading, Scalp Trading, Day Trading, Bitcoin Trading, Swing Trading, and Position Trading. The course is taught by Engineer Mudassar, a credible expert with a university degree on the subject of “Elliott Wave Principle” and a decade of practical experience.
The course has received positive reviews from students who found the information valuable, the explanations clear, the delivery engaging, and the instructor knowledgeable. Students have praised the course for its practical application, with live charts used to apply Elliott Waves. The instructor is responsive to questions and provides feedback on assignments.
In addition to teaching the Elliott Wave Principle, the instructor shares his personal experience of using the EWP to predict market behavior. He provides an example of how he predicted the COVID-19 pandemic using the EWP. The instructor emphasizes the importance of proper education and encourages traders to analyze charts by themselves rather than relying on others’ ideas.
The Elliott Wave Principle is the key to market behavior, categorizing price action into Trend and Counter-Trend waves. It can predict market tops and bottoms with to-the-tick precision and is the best timing tool for traders and investors. The EWP works on all timeframes and all markets.
The course is broken up into 11 sections with 45 lectures and 25 assignments. Lectures are in simple plain English, and range in length from 10-50 minutes depending on the topic. The course covers general knowledge about financial markets, trading psychology, the right mindset, and the broad concept of EWP, as well as core concepts of EWP with real-time examples on price charts.
3. Elliott Wave Theory | Master & Apply with a C# Showcase App™ by Mall Academy (Udemy)
This course titled “Elliott Wave Theory | Master & Apply with a C# Showcase App™” is an educational resource that aims to provide guidance on how to apply Elliott Wave Theory in trading markets. Elliott Wave Theory, a method of technical analysis, identifies long-term price patterns related to changes in investor sentiment and psychology. The course is structured into four sections: Introduction to Elliott Wave Theory, Impulse Waves, Corrective Waves, and Elliott Wave Rules & Guidelines. The course includes various financial patterns trading examples and step-by-step instructions on how to develop your showcase app in C# to forecast trends and consolidations.
The course begins by introducing students to Elliott Wave Theory and its main elements. It then delves into impulse waves, which represent trending markets in Elliott Wave Theory, and corrective waves, which are patterns associated with corrections. Students will also learn Elliott Wave Rules & Guidelines, which assist in identifying various patterns and setting price targets for practical financial trading.
In addition to providing guidance on Elliott Wave Theory, the course offers support to answer students’ questions quickly. Upon completing the course, students will have the opportunity to develop their showcase app in C#, allowing them to apply Elliott Wave Theory to forecasting trends and consolidations. The course comes with lifetime access and a course certificate for Elliott Wave Theory.
The course content is structured into various sections, including Basic Waves of Elliott Wave Theory, Subwaves in Elliott Wave Theory, Corrective Waves, Structure of Elliott Wave Theory, Fractal Nature of Elliott Waves and Elliott Waves in a Declining Market, Identifying Elliott Wave Patterns, Types of Motive Waves, and the Personality of Elliott Waves. Students will also receive guidance on extending their coding knowledge after developing their Elliott Wave program.
4. Predict the Market with Harmonic Elliott Wave Analysis by CastAway Trader (Udemy)
This is a course called “Predict the Market with Harmonic Elliott Wave Analysis.” It teaches traders and investors how to predict the next move in the prices of assets they trade. The course helps turn total uncertainty into 2 – 3 high probability scenarios and teaches how to use rules to validate or discard scenarios. Fractals, repeating patterns easily found on any price chart, are discussed in-depth. The basic yet most important five-wave structure is also covered, along with the natural pulse of the market. Different types of corrective moves and how to use the retracement and projection tools are also explained. The course includes around one hundred short videos and a pdf file with charts, comments, and takeaways for each lesson.
The course is designed to provide a framework for traders and investors to decrease uncertainty and create 1, 2, or 3 major possible scenarios. This gives a sense of control and puts the individual back into the driver’s seat. There is a step-by-step guide on how to count a chart from scratch, recognize patterns, and validate them. This course covers a wide range of topics, including structure of A-B-C fractals, five-wave fractals, the fractal nature of price charts, different types of corrective waves, Fibonacci numbers and major ratios, and how to measure and predict corrective waves.
The course provides real-life examples of how to use the retracement tool and projection tool to predict high probability reversal zones for rallies and corrections. The course also teaches how to anticipate reversals, be prepared for them and make money on corrections while peers may be freaking out. The course is designed for traders and investors in stocks, futures, options, or cryptocurrencies who deal with a total uncertainty.
The course includes quizzes, case studies, and bonus material. The Udemy app allows students to download videos and pdf files to their phone, tablet, or desktop and study them even when they are on the road or do not have access to the internet.
5. Learn Elliott Wave: Become A Professional Trader or Analyst by Traders Club (Udemy)
The “Learn Elliott Wave: Become A Professional Trader or Analyst” course is aimed at those who wish to understand the Elliott Wave Principle, a form of analysis that plays a significant role in behavioural finance today. The course instructors, Traders Club, highlight that 90% of bank analysts use wave theory to forecast trends and consolidations. The principle was developed by Ralph Nelson Elliott who catalogued 75 years of stock market behaviour. Major institutional traders such as Paul Tudor Jones, Marty Schwartz, and Ramki have used this analysis, and it has brought trading success to many professionals.
The course focuses on providing learners with a macro approach to trading and teaches them to analyze the path of money flow based on the market cycle. It also enables them to identify when a market is over-valued or about to be marked up. This course is designed to be simple, intuitive, and practical, with real working methods that show learners how to position themselves when managing risk. The trainers expect that learners will be capable multi-asset traders with good risk and application concepts when trading Elliott Wave in global markets.
The content is divided into an introduction and various sections that teach students how to become successful traders using Elliott Wave. Learners are encouraged to check the resource section for an updated Discord link to connect with the trainers and ask questions. Overall, the course aims to equip learners with the necessary knowledge to make informed trading decisions by understanding the Elliott Wave Principle.
6. Trading Harmonic Elliott Waves like a PRO by CastAway Trader (Udemy)
The “Trading Harmonic Elliott Waves like a PRO” course, taught by CastAway Trader, is designed to teach participants how to use wave analysis to identify winning trading setups. The course builds upon the foundation of the first video course, “Predict the Market with Harmonic Elliott Wave Analysis: How to Nail Tops and Bottoms in Any Market,” which covers the basics of the Harmonic Elliott Wave theory. In the second video course, “How to Trade Like a Pro,” participants will learn how to use the Harmonic Elliott Wave theory in trading and will be introduced to reliable trading setups, as well as rules for setting targets and protective stops.
The course covers a range of topics, including micro setups for safely buying bullish reversals, macro setups for buying pullbacks and benefiting from larger trending moves, and a detailed guide for trading the strongest part of the rally, Wave 3 up. Participants will also learn about the final A-B-C push in Wave 5, a reliable repeating pattern that is not addressed by the classic Elliott Wave theory. The course includes bonus video lessons and a comprehensive guide to navigating through multiple paths for a corrective (a)-(b)-(c) down pullback.
The course is structured into several sections, including an introduction, micro setups to go long, how to trade micro setups, macro setups, Wave 3, corrective subwave B down of Wave 3 up, Wave 4, traders’ paradise sweet spot, “compressed” impulsive structure, imperfect five wave micro structure, and a bonus section on Wave 4 down. The course aims to teach participants how to use Wave Analysis to find high probability short-term and long-term trading setups.
7. Learn the Basics of the Wave Principle: by Elliott Wave International (Udemy)
The course titled “Learn the Basics of the Wave Principle” is offered by Elliott Wave International for people with little-to-no experience with the Elliott Wave Principle. Its main objective is to teach participants how to trade in the stock market, commodities, and other markets by presenting material in a clear, straight-forward, easy-to-understand way. The course takes about 90 minutes to complete and includes quiz questions to test the understanding of each lesson. Upon completion, participants will be able to confidently label charts, recognize different Elliott Wave patterns in markets, apply the rules and guidelines of wave patterns, and discuss and identify Fibonacci relationships.
The course is designed to help “newbies” in technical trading and is organized in sections. The first section, “The Basics of the Wave Principle: Key to Market Behavior,” is the starting point for the course. The course covers topics such as wave structures and personalities, Fibonacci relationships, and more. The material is presented using idealized and real charts from various markets. The course aims to be a valuable primer, refresher, or reference for any technical trader.
The course instructors are from Elliott Wave International, a company specializing in providing analysis and education to traders around the world. The course is suitable for anyone interested in technical trading and who wants to learn the Elliott Wave Principle. The course may also be useful for those who want to refresh their knowledge of the principle or use it as a reference.
In summary, the course titled “Learn the Basics of the Wave Principle” is a beginner-level course that teaches the Elliott Wave Principle to people with little-to-no experience. The course is designed to be clear, easy-to-understand, and a valuable primer, refresher, or reference for any technical trader. The course is organized in sections, starts with “The Basics of the Wave Principle: Key to Market Behavior,” and includes quiz questions to test understanding.
8. Elliot wave, Fibonacci , Harmonic pattern & GAN FAN trading by Satyendra Singh (NCFM and NSIM Certified) Technical, Fundamental, options , Portfolio & Research analyst (Udemy)
The Elliot wave, Fibonacci, Harmonic pattern & GAN FAN trading course is instructed by Satyendra Singh, who is NCFM and NSIM certified in Technical, Fundamental, options, Portfolio & Research analysis. The short description of the course includes pivot points, Elliot wave theory, Fibonacci, trend line, and Fibonacci fan.
The course will cover topics like DAU theory, technical indicators, candlestick patterns, stock selection criteria and entry exit points, and Elliot wave theory with all waves. Additionally, participants will learn about Fibonacci trend line, Fibonacci fan and arc trading, harmonic pattern and trading with its patterns, and Gan fan trading. The course will also highlight the trading psychology and qualities of a good trader.
The course content is divided into different sections and includes an introduction to basic technical analysis, Elliot wave trading, Fibonacci trend line, Fibonacci Arc and Fibonacci fan Trading Strategy, Gan Fan Trading, harmonic pattern trading, trading with special patterns, time frame for trader, and trading psychology and qualities of a good trader. The course will end with a quiz on the covered topics.
9. Elliott Wave for Beginners by Fernando Y. (Udemy)
The Elliott Wave for Beginners course is designed to teach traders how to forecast the market using Elliott Wave Technical Analysis, with a focus on price action and indicators. The course objectives include providing powerful insights and guidelines to understand the market and offering strategies to combine the different techniques. The instructor, Fernando Y., is a full-time trader since 2007 and has made this course easy to learn with animations to simplify complex concepts.
This course can be applied to various markets, including stocks, forex, crypto, and indexes. It is a Technical Analysis course based on Elliott Wave and Price Action, which can be initially difficult to understand but offers significant insights once applied. Real case scenarios are available to demonstrate the importance of this technique. The Elliott Wave Theory was created in 1930 by Ralph Nelson Elliott and has stood the test of time.
By taking this course, traders can expect to understand the Price Action and improve their results in both short-term (day-trade) and long-term trading (swing-trade and position-trade). They will also learn the patterns that make up the market cycles, which can be applied quickly in their analysis. Those who already have some knowledge of classical Technical Analysis can also combine that knowledge with what they will learn in this course.
The applicability of this technique makes it a mandatory tool for all serious practitioners of Technical Analysis, both for short-term trading and long-term investments. If traders already have some knowledge of Technical Analysis, this course will take their knowledge to a new level. The course content includes Welcome, Elliott Wave – Fundamentals, Forecasting Guidelines, Strategies with Elliott Wave, Practical Examples, and Congratulations.
Overall, the Elliott Wave for Beginners course offers traders the opportunity to understand the market and improve their results by learning the powerful insights and guidelines provided by Elliott Wave Technical Analysis. The course is suitable for traders across various markets and levels of technical analysis knowledge.
10. Elliott Waves Can’t be Used for Trading-This Myth is Busted. by Mohammad khan (Udemy)
KhanTheory Video Course offers an opportunity for investors to invest and trade with up to 99.7% accuracy rate using Elliott Waves. The course aims to demystify the actual steps of Elliott Wave Analysis and prove that the five types of belief systems surrounding the approach are wrong. This course provides learners with the knowledge to apply Elliott Waves in real-time trading, confidently trade in all time frames, trade and invest with Elliott Waves, and adapt to a practical approach in less than a week. The course is structured to teach learners the five steps of real-time Elliott Waves analysis, including drawing waves, validating waves, killing possibilities in sub-waves, killing possibilities in the main wave counts, and entry/exits and stop-loss points. The course also covers the theory of speculation/manipulation and how to trade when these behaviors are observed in a stock.
The course is published as of September 10th, 2020, and all course videos were updated on September 29th, 2020. Current subscribers were notified of this update, as the course was previously incomplete. Upcoming updates for the course include periodic updates in the “Live Charts” section with the latest charts found in real-time markets to help learners gain expertise in live markets. Additionally, the “Queries from the Students” section contains video responses to queries asked by students. The course is divided into sections such as frequently asked questions, introduction, basics to learn before studying Elliott Wave Analysis, Fibonacci numbers and golden ratio, overview of stock market behavior, motive waves, corrective waves, quiz for both motive waves and corrective waves, 5 steps of real-time analysis, and practicals.