I'm using MTP 7.5 now for 5 months with very good results. I have to admit that it was at the beginning hard for me - as an Elliott practitioner - to realize the benefit of the isolated EW approach. The EW principle is logical and looks simple and clear (only) in the retrospective view, however, the confusion comes when you have to make decisions now with the consequences of loosing money. I think the assumption of a 50% "unclear and foggy" situation is not too far away from the truth. In this dilemma, your EW approach gives very clear and reliable guidelines. The longer I work with MTP 7.5 the more can I benefit from it
A.E. Private Trader
VS or high Volume Spikes involves looking for a Volume Spike that has also breached an important previous Price high or low. The MTPredictor Volume Spike Indicator makes this process quick and easy by displaying a coloured Bar in the Volume Indicator Panel when a high Volume Spike occurs.
MTPredictor is packed full of useful tools such as the Volume Spike Indicator. It is designed to help you identify low risk/high return trades; assess your risk/reward; determine your Position Size and run a consistent trade management policy.
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