True Wave Scanner
Automated elliott wave analysis for US and Indian markets
True Wave Scanner launched on July 30, 2025 with 11 votes, #1,852 of 9,223 launches that month and more than 50% of that year's launches. The site was still online in September 2026, 1 year on.
What it does
Instantly scan NIFTY 500 and SPX 500 stocks for high-probability Elliott Wave setups. Our automated tool identifies impulse and corrective patterns on multiple timeframes to give you a trading edge.
True Wave Scanner is a trading toolkit for NIFTY 500 and SPX 500 stocks. It automates Elliott Wave, cup and handle, and liquidity grab scanning plus market breadth, relative strength, and momentum analysis.
True Wave Scanner is a trading platform that automatically detects Elliott Wave, cup & handle, and liquidity grab setups across NIFTY 500 and SPX 500 stocks. It also delivers market breadth, relative strength, momentum rankings, relative rotation graphs (RRG), and a daily actionable insights newsletter—so you can stop scanning hundreds of charts by hand. True Wave Scanner combines Elliott Wave, cup & handle, liquidity grab, market breadth, relative strength, and momentum tools for NIFTY 500 and SPX 500 traders. Automatically detects 5-wave impulse patterns across 1000+ stocks. Get notified when a stock completes its corrective wave and is ready for the next impulse move. Automatically…from scanner.elliottwavestrading.com
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