Tuesday, 27 April 2010

Different Signals


Hi Everybody,

I do get asked sometimes about why we can get different signals between the full MTPredictor v6.5 and the RT add-ons. Firstly, we all know how different data sources can be different, and that is why most setups are different from person to person. But because the RT add-ons have been coded in a different language by a different programmer, there are very small difference between the code in MTP v6.5 and the RT add-ons.

An example is the TS4 sell on the main Blog today on the 3min YM, this was not found in the RT add-ons for Ninja 7.

This is not a problem, as 95% of signals are the same, and then for the other 5%, as long as you stick with the platform you are using yourself, these small differences will even themselves out over time...

We are looking at trying to minimize these difference in the new NinjaTrader 7 versions of the RT add-ons, but this is an “ongoing process”. But now we have added the Elliott Wave tool in the new MTP RT add-ons for NinjaTrader 7, these setups can be found manually, as you can see in the chart.

Thanks, Steve

PS, this was using the new MTP RT add-ons for NinjaTrader 7, than includes the Elliott Wave module.