WaveMaster Academy
The Elliott Wave learning path
Modules 0–3 of the WaveMaster learning path — from chart basics to impulse and corrective waves. Full lessons, figures and knowledge checks, free to read in 7 languages.
Module 0
Trading basics
5 lessons
- Lesson 0.1Reading charts & timeframesPrice, time, currency pairs, pips and the resolution of the picture
- Lesson 0.2The candleFour prices, one body, two wicks – read candles before interpreting them
- Lesson 0.3Trend, support & resistanceSwing points, the three market states and the change of polarity
- Lesson 0.4Order typesMarket, limit, stop – plus stop-loss, take-profit, lots and leverage
- Lesson 0.5Risk management & R1R, the position-size calculation and the risk-reward ratio
Module 1
The Elliott foundation
5 lessons
- Lesson 1.1Why waves?Market action as an expression of collective psychology
- Lesson 1.2The base pattern: the 5-3 cycleMotive & corrective – the binding vocabulary
- Lesson 1.3The rules of the impulseThree rules that make every count testable
- Lesson 1.4Wave degrees & notationThe ordering system of timeframes
- Lesson 1.5Fractality & reversibilityOne principle, all levels, both directions
Module 2
Impulse waves
5 lessons
- Lesson 2.1Anatomy of the impulse & wave personality5-3-5-3-5, the hard rules and the sentiment signature of each wave
- Lesson 2.2ExtensionsWhich wave extends – and how to spot it early
- Lesson 2.3DiagonalsEnding and leading diagonal – when the impulse changes shape
- Lesson 2.4The truncated fifth waveNot every fifth wave reaches a new extreme
- Lesson 2.5Fibonacci in the impulseFrom structure to price target: retracements, projections, R
Module 3
Corrective waves: zigzag & flat
4 lessons
- Lesson 3.1Why corrections behave differentlyCorrections are never fives – sharp vs. sideways and the map of patterns
- Lesson 3.2The zigzag5-3-5, the wave-B limit as invalidation and 1.618 × A in FX
- Lesson 3.3The regular flat3-3-5, the 90 percent threshold and what a flat says about the trend
- Lesson 3.4ABC in the bigger picturePosition, previous fourth-wave target zone, alternation and the path to a setup
Modules 4–10 live in the app
The learning path continues with 7 more modules — triangles, combinations, wave counting in practice, indicators, trade planning and more, plus 63+ interactive chart exercises.