I use the Parabolic SAR and Support/Resistance to replicate the Elliot Wave. I find it more in tune with the concept rather than using the actual tool. Adding Fractals add security for false positives, but obviously delay a possible entry point.
Any ideas on how to refine this method? My strike rate is above 86% currently, I know it sounds very high, but I feel it can do with a boost from something that I miss.
My parameters are:
1 Parabolic SAR = Direction (Never trade against the trend)
2 Support/Resistance = Open trade on new wave