Ralph Nelson Elliott
Ralph Nelson Elliott (28 July 1871 – 15 January 1948) was an American accountant and author whose study of stock market data led him to develop the Wave Principle, a description of the cyclical nature of trader psychology and a form of technical analysis. It identifies trends and reversals in financial markets. These cyclical patterns in price movements are known among practitioners of the method as Elliott waves.
Ralph Nelson Elliott | |
|---|---|
| Born | July 28, 1871 Marysville, Kansas, U.S. |
| Died | January 15, 1948 (aged 76) |
| Occupation | Accountant |
| Known for | Wave Principle |
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