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MTPredictor Software reviews
Started: by Pointman Views / Replies:37,353 / 72
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MTPredictor Software reviews

  #21 (permalink)
Elite Member
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Enclosed is my spread sheet everytrade,, This is for the Eminis, , 3m day session, auto indications,, using analysis, 2% risk, 5k account.. The ES did not trade that much because 5k is not reasonable for this instrument(so this could have been better or worse for real world..

Course there was contract rollover to muck up the waters. So if it doesn't match ur chart, check the rollover contract date..

Also most of the "filled" trades were "failed" trades ( though they want u to think otherwise and somehow they could tell without looking at the tic data!? ),, If the stop placement was hit before a fill, no trade (even on
the" filled "trades). Any outside bar that was question a filled trade I counted as failed.. So this is probably worse case..

Also did not do the analysis on the R deal(so kept the account size small to mostly trade one contract), since a different number contracts can be taken with a larger account,, seems like a 1r loss on 3 contracts isn't covered by a 1r gain on one contract.. Maybe someone has some insight into that situation and maybe it all works out.


I was a newbie to Elliot wave so even recognizing when to use what tool, would have been helpful, let alone using the tool different then anyone else, just needed a starting point of when to use the hammer rather then the screwdriver,,, then I could get fancy


I also realize that there are different methods of education based on ones personality,, their are many that think they can pound a square peg into a round hole,, more power to u...
Don

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Last edited by gg80108; July 1st, 2011 at 03:49 PM.
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  #22 (permalink)
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Ukraine
 
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Hey guys,could somebody share this tool,I would buy it if not too expensive.Let me know PM,if it possible.

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  #23 (permalink)
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Share the tool?


If you mean is it possible to borrow someone else's software code - the answer is no ( and what would be in it for that person anyway?) - but really it's much more than simply a signal generator ... it's teaching you how to think about trading and risk. See Deucalion's comments in this thread.

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  #24 (permalink)
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Ok,but for me a very high price in 2000 for the software.

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  #25 (permalink)
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Vitaliy View Post
Hey guys,could somebody share this tool,I would buy it if not too expensive.Let me know PM,if it possible.

Absolutely not, we do not allow or tolerate such things here.


Vitaliy View Post
Ok,but for me a very high price in 2000 for the software.

Then you can't afford it. Move on.

Mike

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  #26 (permalink)
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Sorry guys, I forgot about your western mentality.

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  #27 (permalink)
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Big Mike View Post
Absolutely not, we do not allow or tolerate such things here.



Then you can't afford it. Move on.

Mike

Think u need to check with the vendor of the software some software is like a book, since the vendor controls if u can log on and use their software.. Some of the vendors are reasonable, and rather then have a disgruntled trader bad mouthing them, pass it alone to someone who might see the value.... Course its better that the person who purchased the software contact the vendor... This brings up another issue,, does this mean my wife, relative, financial partner cannot use the software I paid for????,,,,,,,,,,,,,,hmmmmmmmmmmmmmmm or can I include this in my estate?

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  #28 (permalink)
Trading for Fun
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Your key is only good for 1 PC, should you need to move it on another PC you can but you need to close Ninjatrader from first PC and only then you can use it on your second PC and you can only do it with 2PC's it will not work on a third one anyway it will only work on 1 PC at a time.

We used to be able to buy a second license for 50 bux for the backup PC but not anymore as I guess some folks sold their second license to other people.

MTPredictor is not cheap and you need a few months to understand everything it can do but once you find the right time frames to use you will find it difficult to trade without it. I need to warn people though that big part of the signals are related to wave patterns and Elliott waves, so if you are not familiar with that or don't understand or believe in that concept then this software might not be appropriate for you.

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  #29 (permalink)
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I bought it,anybody ask me:is it good or not??No comment.When you buy it,you'll see.

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  #30 (permalink)
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Vitaliy View Post
I bought it,anybody ask me:is it good or not??No comment.

tnx for an 'informed' review

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