# MAP Waves Rules

MAP Waves are my modified counting for wave formation based on Elliot Waves, however to make a workable model that can be traded MAP Wave counting rules are simply 5 waves up and 5 waves down.

Hence waves have definite tops and bottoms so no abc'and endless correction nor higher highs nor lower lows.

For basic wave understanding see  MAP Waves 1 – Behaviour and EW Wave Basics

FOR UP WAVES ON ANY WAVE SCALE:

• P1 must be greater than P0
• P2 must be greater than or equal to P0 and less than P1
• P3 must be greater than or equal to P1
• P4 must be greater than or equal to P2 and less than P3
• P5  must be greater than or equal to P3

FOR DOWN WAVES ON ANY WAVE SCALE;

• P-1 must be less than P0
• P-2 must be less than or equal to P0 and must be greater than P-1
• P-3 must be less than or equal to P-1
• P-4 must be less than or equal to P-2 and greater than or equal to P-3
• P-5 must be less than or equal to P-3

BULLISH Waves are 1,3,5,-2 and -4 BEARISH Waves are 2,4,-1,-3 and -5

• P - pivot followed by number

### 3 Responses to MAP Waves Rules

1. Tom says:

Marc, is the wave scale stated right at P4, both up and down, last portion?
Up states : P4……P2 and less than P3
Down states: P-4……P-2 and greater than or equal to P-3

2. Two questions come to mind…why 5 down…when Elliott Wave usually has ABC down for SPX.

Can you define when a pivot becomes a pivot….can you identify/project in real time…or only after the fact.

3. mlurski says:

Nice and simple 🙂