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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
In this video, we take a look at losses. Losses, or losing trades are important, because every trading system will have losses. I just think it is important that vendors talk about losses to make it clear to everybody that no matter how good a system looks or appears to be, it will have losing trades.
In the video we take a look at our "History Triangles" (which...
In this How-To video, we show you how to choose which Pivots to use when placing your MTP (MTPredictor) Decision Points (DP's) on your Chart.
The basic guidelines are, first choose the "last swing" into the previous high or low. Then, if that DP is exceeded, then choose the "previous major swing high or low." If the market is making new highs or lows, then...
In this "How-To" video we take a look at how to use the MTPredictor Trade (and Advanced Trade) setups. As you will see in the video, MTPredictor is not a "black box" system where you look to trade all of the setups. This is because we consider that Markets are random about 50% of the time.
We look to use our MTP Decision Point (DP) tool on the higher time frame...
