If you cannot find a repository that perfectly suits your strategy, GitHub allows you to fork and modify code. Here is the standard workflow for building an Elliott Wave auto-counter using Python.
MIT – Use freely, but trading decisions are your own responsibility. Past waves never guarantee future moves.
If you are a developer and a trader, you can add value by contributing to these projects. The community currently lacks: elliott wave github
If you clone these repositories and run them on live data, you will quickly encounter the Fractal Problem.
What works on a 1-hour chart fails on a 5-minute chart. Elliott waves are self-similar. A "Wave 1" on a daily chart is actually a full 5-wave sequence on an hourly chart. Most GitHub algorithms struggle to differentiate between the "degree" (granularity) of a wave. If you cannot find a repository that perfectly
The Repainting Issue: Many visual tools on GitHub repaint. Yesterday, the code identified a perfect Wave 4 bottom. Today, price broke lower, so the code deletes that Wave 4 and labels it as part of a larger Wave 3 extension. This makes automated trading dangerous without strict money management.
The Elliott Wave Principle suggests that crowd psychology moves in predictable patterns—5 waves in the direction of the main trend (impulse) followed by 3 corrective waves (zigzag, flat, triangle). These fractal patterns repeat across all timeframes, from minutes to decades. If you are a developer and a trader,
But let’s be honest: manual wave counting is often ambiguous and prone to bias. That’s why we built this GitHub project:
To create objective, algorithmic detection of Elliott Wave structures using price data, zigzag indicators, and Fibonacci relationships.
Let’s walk through a practical implementation using a simplified version of the logic found on GitHub.
While not "software" in the traditional sense, GitHub is a massive host for Pine Script code. Because TradingView is the most popular charting platform for retail traders, this is where the most practical, battle-tested Elliott Wave scripts are found.