stock3 and DAX derivatives: check drawings and price sources
Document manual Elliott tools, degree and Fibonacci projections, then distinguish CFDs, warrants and knock-outs.
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This guide reviews public documentation and does not claim an installed platform test. Keep the manual drawing object, underlying price series and actual traded product separately traceable.
From Guidants to stock3 Terminal
Guidants is the former platform name; stock3 integrated the terminal during its 2022 brand change. Match an old instruction’s date against today’s interface. The Elliott drawing instructions used here are dated 17 September 2019. Check data permissions, quote delays and available tools in your own access tier. Compare stock3 with TradingView using the same series, session, timezone and information cutoff, not merely similar symbol names.
Draw an impulse and correction manually
The documented manual sequence starts by choosing the impulse tool and drawing from the origin to the end of wave 1; further anchors build the annotation. Record a correction separately using its corresponding tool. Write down each anchor’s time and price before drawing. Automatically assigned numbers or letters do not prove that Elliott rules were checked. The fictional MDAX sequence in the companion article is a drawing exercise, not a market forecast.
Double Three, Triple Three, degree and Fibonacci
Double Three W–X–Y and Triple Three W–X–Y–X–Z combine corrective components; five components do not make an impulse. Check the exact tool list in your current account. Wave degree describes structural nesting, not just font size or chart interval. The documented right-hand properties menu supports degree and Fibonacci ratios. Independent calculation: P0=100, P1=120 and P2=110 give P2+0.618×(P1−P0)=122.36. This projection proves neither the structure nor eventual arrival.
Compare DAX CFDs, futures and broker quotes
For a CFD, record broker, exact product, bid/ask/mid, session and quote time. A DAX CFD can have different day boundaries and extremes from the index or future. Fictional example: broker A quotes bid 20000/ask 20002, broker B 19999/20003. Both have mid 20001 but different executable prices and spreads. Do not transfer an index invalidation level into a CFD stop without reconciling prices. Slippage adds further execution uncertainty.
Distinguish certificates, warrants and knock-outs
Certificates encompass products with different terms. Warrant prices depend on remaining life, implied volatility and conversion ratio among other inputs; an index wave alone does not determine them. For knock-outs, check the documented barrier, monitoring hours, financing and currency. A barrier is not a freely chosen Elliott invalidation level or an ordinary stop order. Preserve underlying and product series separately and read the key information document and final terms.