Ralph Nelson Elliott
Ralph Nelson Elliott | |
|---|---|
| Born | July 28, 1871 Marysville, Kansas, U.S. |
| Died | January 15, 1948 (aged 76) |
| Occupation | Accountant |
| Known for | Wave Principle |
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. It identifies trends and reversals in financial markets. These cyclical patterns in price movements are known among practitioners of the method as Elliott waves.