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The Elliott wave principle, or Elliott wave theory, is a form of technical analysis that helps financial traders analyze market cycles and forecast market trends by identifying extremes in investor psychology and price levels, such as highs and lows, by looking for patterns in prices.
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.
Like all Elliott waves, Grand Supercycle waves are subdivided into smaller generations of waves. The next smaller generation of waves are those of Supercycle degree. Modern applications of the Wave Principle also describe waves of larger degree spanning millennial periods of time.
Robert R. Prechter Jr. (born March 25, 1949) [1] is an American financial author, and stock market analyst, known for his financial forecasts using the Elliott Wave Principle. Prechter is an author and co-author of 14 books, and editor of 2 books, [ 2 ] and his book Conquer the Crash was a New York Times bestseller in 2002. [ 3 ]
The Elliott formula describes analytically, or with few adjustable parameters such as the dephasing constant, the light absorption or emission spectra of solids. It was originally derived by Roger James Elliott to describe linear absorption based on properties of a single electron–hole pair. [ 1 ]
PDF 2.0 defines 256-bit AES encryption as the standard for PDF 2.0 files. The PDF Reference also defines ways that third parties can define their own encryption systems for PDF. PDF files may be digitally signed, to provide secure authentication; complete details on implementing digital signatures in PDF are provided in ISO 32000-2.
A power converter is an electrical device for converting electrical energy between alternating current (AC) and direct current (DC). It can also change the voltage or frequency of the current. Power converters include simple devices such as transformers , and more complex ones like resonant converters .
A resonant converter is a type of electric power converter that contains a network of inductors and capacitors called a resonant tank, tuned to resonate at a specific frequency. They find applications in electronics, in integrated circuits. [1] There are multiple types of resonant converter: Series resonant converter [2] Parallel resonant converter