Elliott Wave Strategy Telegram Channel Review. Verified Trading Statistics & Results in 2024-2025
- Best Forex Signals Analyst & Expert
- Dec 24, 2025
- 3 min read
Free Signals Channel Review
Channel Name: Elliott Wave Strategy
Full Years of Operation: 4
Number of Subscribers: 60505
Trading Style: swing trading Trading Sessions: London & New York
Free Signals: 1736
Win Rate: 29%
Period: 24.12.2024 - 24.12.2025
Pips of Profit: -30,863
Free Signals Analysis & Reviews
Average Profit per Signal: 181 pips
Markets: Bitcoin, Forex major & minor pairs, Gold, US100/US30
Average Holding Time: 8 hours
Average Profit a Week: -593 pips
Number of Signals a Day: 2-10
Signals Statistics
Instrument | Win Rate (%) | # Signals | Avg Profit (Pips) | Total Profit (Pips) |
BTC/USD | 29.5% | 215 | 951 | -8,084 |
XAU/USD (Gold) | 26.3% | 350 | 215 | -17,320 |
EUR/USD | 27.8% | 186 | 14.2 | -1,174 |
GBP/JPY | 26.5% | 140 | 18.8 | -1,329 |
USD/JPY | 28.3% | 159 | 18.6 | -35 |
US30 (Wall St) | 27.2% | 149 | 175 | -2,974 |
GBP/USD | 31.0% | 117 | 16.5 | 270 |
US100 (Nasdaq) | 28.9% | 123 | 148 | -1,258 |
AUD/USD | 29.0% | 62 | 12.3 | -297 |
USD/CAD | 25.8% | 66 | 13.4 | -946 |
EUR/JPY | 28.3% | 53 | 17.2 | -109 |
NZD/USD | 26.2% | 61 | 11.8 | -428 |
USD/CHF | 26.7% | 42 | 14.3 | -222 |
EUR/GBP | 20.5% | 49 | 11.4 | -1,012 |
AUD/JPY | 21.0% | 24 | 15.0 | -567 |
Bitcoin (BTC/USD) | Gold (XAU/USD) | US30 | GBP/USD |
+1,100 pips | +255 pips | +185 pips | +175 pips |
Worst Free Signals
Gold (XAU/USD) | Bitcoin (BTC/USD) | EUR/GBP | US30 |
-220 pips | -1,050 pips | -115 pips | -175 pips |
Key Statistics Insights:
1. The "Profitability Paradox"
The trading method has a positive Reward/Risk ratio of 1.47/1 because the winning trades make 43% more pips than the losing trades. However, it has a catastrophic 27.5% winning ratio. This produces negative expectations. The math clearly reveals the main flaw in this trading method: a high enough winning ratio is required in order to produce profits with this positive Reward/Risk ratio.
2. Instrument Performance is Highly Polarized & Contradicts Norms
Bitcoin (BTC/USD) represented the strongest potential winning symbol (+1,100 pips for the single signal) and a strong potential losing symbol (-1,050 pips for the single signal).
Gold (XAU/USD) was only the biggest overall net loser by a total of -17,320 pips per year, even though Gold underwent a very appropriate R/R ratio performance within its profitable trades.
GBP/USD was the only major currency pair that ended in the year with an overall profit of 270 pips and yet the least number of trading signals compared to losing currencies that include EUR/USD.
3. The “Swing Trading” Timeframe is Ineffective with this Win Rate
The average holding period of 8 hours classifies it as an intraday and swing trader. But since it has less than 30% win ratios, it is unable to identify trends and gets "whipsawed" by market noise. The data indicates it is persistently on the wrong side of market momentum for the identified channel, which is expected to be an advantage by capturing market swings.
4. Overall Result Indicates Unsustainable Performance
The overall, The channel has produced a staggering ~1,736 signals within a year. Not to mention the average loss of -30,863 pips, this large quantity of signals indicates a signal average loss of roughly -17.8 pips per signal. This calculation eliminates all the technicalities and indicates that for each and every signal coming from the channel, a follower’s capital has diminished. This again indicates that the channel acts as a signal factory that churns out a large quantity of low-quality signals.
The Bottom Line
Verdict: A High Volume Signal Factory with Consistently Losing Results. Avoid.
The Elliott Wave Strategy channel provides an apt example of how such a service sticks to quality over quantity but neglects profitable results in the process. Four years after its inception, it has been found that the strategy has many flaws.
The trouble is with the math: Although claiming a favorable reward/risk ratio with a 1.47:1 reward, the deplorable 29% chance of a winning trade precludes profitability. This is a negative expectancy model because, with an average loss of -18 pips for each signal, there is a cumulative net loss of more than 30,000 pips per year.
Key Failures:
Ineffective “Swing Trades”: Because the average hold period is 8 hours and the win rate is low, it would appear that it is typically trading on the wrong side of market movements and confusing noise with structure.
Poor Instrument Focus: It lost the most pips in the most traded markets (Gold & Bitcoin), and the least traded was the only major market it has made a profit in (GBP/USD).
No Learning Curve: The lack of a learning curve is evident when four years of observation reveal that the flawed process has continued unchanged.
Our Rating: Bad
Conclusion: This is a trap set for the newcomer seeking "free" Elliott Wave Analysis. The clear evidence points to a calculated loss, and the high signal volume (between 2-10 per day) hastens this loss. This is not a system to grow your money but to systematically drain your money through fees and losses. Your time and money are clearly better spent elsewhere.
