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MTPredictor for EOD???


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MTPredictor for EOD???

  #1 (permalink)
akshri250
Muri, Jharkhand, India
 
Posts: 8 since Jan 2011
Thanks Given: 11
Thanks Received: 1

Dear friends,
Has anyone tried mtp in EOD timeframe?? How is its performance???
Regards
Srivastava

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  #2 (permalink)
 
jharthun's Avatar
 jharthun 
Hacienda Heights, CA
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: MCL, M2K, MNQ, MES
Posts: 50 since Jul 2009
Thanks Given: 14
Thanks Received: 32

I like using MTPredictor on EOD charts. It helps me find potential trades. The best way to answer your questions is to simply look at some charts. I would start by looking for automatic trade setups (TS1, TS2, TS3, TS4, DP).


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  #3 (permalink)
 
jharthun's Avatar
 jharthun 
Hacienda Heights, CA
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: MCL, M2K, MNQ, MES
Posts: 50 since Jul 2009
Thanks Given: 14
Thanks Received: 32


If you're lazy like me, using MTPredictor with the Market Analyzer is a good way to scan EOD charts too.


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  #4 (permalink)
 
jharthun's Avatar
 jharthun 
Hacienda Heights, CA
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: MCL, M2K, MNQ, MES
Posts: 50 since Jul 2009
Thanks Given: 14
Thanks Received: 32

Let's see how these three set-ups would have done. Looks like the first two got stopped out and the last one is a winner so far. We still haven't hit the downside target on the last one so it could potentially make up for the other two. We'll have two wait and see...






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