Tuesday, 21 September 2010

Manual Analysis


Hi Everybody,

Today I would like to remind you all that both MTPredictor v6.5 and the NinjaTrader 7 RT add-ons have a number of additional “manual” tools that you can use to uncover additional trades. Here is a good example form just this morning on the 3min Dax.

Here we had support at both the DP and the minimum Wave C WPT. This signal a potential long trade The Dax then rallied nicely. The ATRStop was then used to lock in a very nice +3.1R Profit (ignoring slippage and commission).

But the point is that MTPredictor is not just the automatic setups, you do have the tools to be able to perform your own analysis and as such find additional trades.

Thanks, Steve