MT Predictor is an indicator suite and trade setup scanner. While it is cleverly marketed, it does not offer a statistical advantage in trading.
MT Predictor is an indicator suite and trade set-up scanner
MT Predictor is a software and indicator suite that analyzes the manual and automatic setups on the charts. The software uses Elliott Waves and Fibonacci patterns to identify trading opportunities. It is available as stand-alone software or as a NinjaTrader add-on. The indicator suite has three versions: MT Predictor, MT Predictor Plus, and MT Predictor Ultimate.
The MT Predictor website has a 15-day free trial period. The program is also available as an invite-only script for TradingView. However, users must obtain permission from the author before installing the script. In addition, MT Predictor does not offer refunds.
There are many features in the free version of the program. The user can plot Fibonacci fans and lines, plot trendlines on price data, and use exotic indicators. The service also includes over 140 stock chart indicators. The premium version has the Andrews Pitchfork indicator, Bollinger Bands, and a powerful stock scanning system.
The program can be used by both novice and experienced traders. It helps traders find trading opportunities and manage trading risks. It can be imported into Ninja Trader for $2,495 per station.
It offers no statistical advantage in trading
MTpredictor is a software program that is based on the theory of Elliott waves. It was designed to help traders find trading opportunities in the market. It offers a unique set of tools, including automatic setups and position sizing. The software is available in three versions: MT Predictor 8.1, MT Predictor Lite and MT Predictor Pro. Each has its own user interface and reads real-time data from data feeds. The program was first launched in 2001. Its advanced tools are targeted at experienced traders.
The software is an add-on for NinjaTrader 8, but it is also available as a script for TradingView. The software uses Elliott wave theory to analyze future resistance and support zones in the market. It then shows you where to enter and exit the market, as well as where to place stops and take profits.
MT Predictor also offers a clever marketing scheme. It was able to predict the S&P’s exact low one week in advance. This was a feat that was only possible because it combined a variety of market data and statistics.
It is cleverly marketed
MT Predictor is an indicator suite and software package that promises to give you the trading edge. They claim it will tell you what to trade, how to trade, and where to trade. Their products are available as stand-alone applications, as add-ons for NinjaTrader, and as a set of scripts for TradingView. They claim to be the most popular trading solution amongst the trading community and have been churning out sales aplenty for over 16 years.
MT Predictor is also the only indicator suite that offers a free trial. The company also boasts an advanced set of tools for experienced traders. This includes the MT Predictor Scanner which is an app that scans all markets for automatic setups. It can also be used to find manual setups on the charts. You can also import MT Predictor into Ninja Trader and IQFeed. MT Predictor is a bit of a misnomer, but there is more to it than just the latest and greatest trading software.
It is not a Black box to be followed blindly
MTPredictor is a unique set of tools that can help traders control their risk. It is a software program that provides advanced tools for experienced traders. It helps them find trades in the market. MTPredictor also offers the chance to scan markets for automatic setups. These setups are found in all markets and are then analyzed. It also scans for manual setups and additional set-ups on charts.
MTPredictor provides three versions of its software program. It is available as a stand-alone program or as an add-on for NinjaTrader 8 and TradingView. There is also a PDF help file that is provided to introduce users to the program and give a general overview of the program. It is important to note that all decisions regarding trading and investing involve risk. Therefore, you should not invest money that you cannot afford to lose. It is also important to note that past performance is not a guarantee of future success.
MTPredictor provides a variety of videos that can help you learn how to use the program. The videos are primarily focused on the trading aspect of the modules.
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