What Elliott Waves attempt is to measure or quantify the movement of price for a security when the price is following a recognized pattern (i.e. Peak to Trough, Trough to Peak and their combinations). The trading decision is resting on the interpretation of what is happening now and the expected outcome. The system testing will enable you to find out if there has been in the past a profitable pattern and how similar is the one forming. The ExplorerTM will enable you to monitor the securities over timeframes and measure the performance since the pattern has been recognized by the proposed methodology. This set has been designed with the rule of conservatism, meaning that prudence has priority over profit. Conventional protection such as Stop Loss technique should be used at all times regardless of the system you are using. Better paying commissions in and out than loosing your capital. Shielding your capital from uncontrolled losses should always be your first goal.