MTPredictor

06:37

MTPredictor

In this How-To video, we take a look at how to use the new PB or Pullback Trade Setup in the MTPredictor Invite-only Scripts to uncover potential trade setups. As an example we take a look at a recent Chart of the Russell Index on a 3min Chart. As you will see from the video, this setup is designed to catch a minor pullback against a previous strong trend. The...

06:13

MTPredictor

In this How-To video, we take a look at how to use the MTPredictor Scripts to uncover potential trade setups. As an example we take a look at a recent Chart of the e-mini Nasdaq on 3min / 15min Charts As you will see from the video, the idea is that we look to only trade on the "Shorter time frame", when we get a clear picture, using reversals at our MTPredictor...

MTPredictor Updated 

Hi Everybody, The S&P Index (ES) is now at it's Daily Decision Point (DP) level. So will a high unfold at this level, or will we just see a small stall before a continuation to new Highs ? Either way, the ES is now at a possible junction when it is worth keeping a closer than normal eye on this market. Thanks Please note: this is not a trade recommendation,...

12:12

MTPredictor

In this "How-To" help video, we take a look at How Elliott Wave patterns often fail half-way through.  If any of you have followed Elliott Wave analysis for any length of time, you will very likely have been frustrated when what looked like to be a perfect Elliott Wave pattern then failed and did not do what it should have done. This then makes analysis very...

09:43

MTPredictor

In this help Tutorial, I would like to take a look at losing trades, as show you that losses can and will unfold, no matter what Trading approach you take. In the video we take a look at a losing trade on the 3min NQ. I know that 3min is shorter time frame than we usually look at in TradingView, but it illustrates the example well. As you will see, losses will...

09:29

MTPredictor

In this How-To video, we take a look at how to use a Multi time frame approach when using the MTPredictor Script. As an example we take a look at a recent Chart of BTCUSD on 15min / 1hr Charts  As you will see from the video, the idea is that we look to only trade on the "Shorter time frame", when we get a clear picture, using reversals at our MTPredictor...

08:26

MTPredictor

In this "How To" video, we take a look at how to use the MTPredictor WPT (Wave Price Targets) Script to project, in advance, possible areas where a manual Elliott Wave count is likely to end. First, you must have your own idea of an Elliott Wave count that you you wish to use on the chart in question. (How to perform manual Elliott Wave counts is not covered in...

09:29

MTPredictor

In this "How To" video, we take a look at typically what happens after a completed Elliott 5 Wave sequence, using the MTP Elliott Wave Script. First, we must stress that finding the end of an Elliott Wave 5 sequence is inherently dangerous, because a Wave 5 is the "end of a trend", so very often overruns. So, the only time we would ever consider trying to pick...

10:10

MTPredictor

In this "How To" video, we take a look at how to use multi time frame analysis with the MTP Scripts to uncover possible trade setups. We realize that using 15/3 min is usually a shorter time frame than most posts on TradingView, but we wanted to show that TradingView can be used on shorter time frame charts, so we are including this example on the YM. As you can...

MTPredictor

Hi Everybody, The Weekly SPY is exactly a Year on from last years high, please see the Chart. We are also at the MTPredictor maximum DP resistance zone, so I wonder whether this gives the market a reason for making a reversal from this level? For me, the yearly anniversary (Week of Feb 18, last year), to last week (week of Feb 16), is a significant point in...

05:22

MTPredictor

In this help Tutorial, I would like to take a look at losing trades, with a review of our "History Triangles", that are part of the MTPredictor trade (and advanced) trade Setups. Our History Tringles are the small green triangles that are placed on the chart when a valid MTP trade setup is filled on the next bar, then stopped out as the market moves in the same...

09:03

MTPredictor

In this help Tutorial, we take a look at using the VS or Volume Spike trade setup in the MTPredictor Advanced trade setups script. The Volume Spike or VS setup is designed to find a "fake out" when the market fails to follow though on the break of an important prior swing high or low. The idea is that professional traders look to accumulate a position in the...

02:17

MTPredictor

In this help Tutorial we take a look at the Pip offset to use in the MTPredictor Trade (and Advanced) Setups Scripts. With Forex, and particularly with shorter term Forex, it is a good idea to give the Trade a bit more "wiggle room". For this we suggest increasing the trade entry Pip offset to 2 Pips, and the Stop Pip offset to 3 Pips. Please see the Video. This...

10:23

MTPredictor

In this help Tutorial, we take a look at using the MTPredictor Advanced trade setups script to catch the Elliott Wave 3 swing. To catch the Elliott Wave 3 swing, we need to be able to identify the end of the Wave 2 swing. In Elliott Wave Terms, the Wave 2 is the initial correction after the initial swing off an important high or low . The Wave 2 also...

07:42

MTPredictor Updated 

In this help tutorial, we take a look at the MTPTrend colour and show how you should not simply consider all MTPredictor trade setups that fall with the MTP Trend colour, which is Blue for up, Red for down and Grey for in the process of making a reversal. MTPredictor is not a 100% mechanical "Black-Box" system that is designed to be traded all of the time. This is...

MTPredictor Updated 

Hi Everybody, The Nasdaq (on the Daily time frame) is still at DP resistance, so the big question is whether this resistance level will hold and the Nasdaq decline from here ? Initial signs of weakness came with yesterday's big down day, so we will be watching the next few days closely to see if this initial sign of weakness continues into the next few days....

08:51

MTPredictor

In this help Tutorial, I would like to cover what to do if you get two different MTPredictor Trade Setups on the same Bar. As explained in the video, this can arise sometime because we have two Scripts, one containing our Standard MTP Trade setups, the other containing our Advanced MTP Trade Setups. We have had to code two Scripts to overcome Pine Coding...

07:21

MTPredictor Updated 

In this help video, we would like to take a look at how to use the MTP Trade Setups, with a current FOREX example on the EUR/CAD. As you can see in the video, MTPredictor is not a "Black Box" system to be traded 100% mechanically. We do not do this because we view the Markets as being random (without any clear pattern) about 50% of the time. To decide when the...