| Uniquely
focused on professional low risk/high return trading
The new MTPredictor™ End-of-Day 4.0 program is unique. It is designed
exclusively with only one aim in mind - to provide a systematic, decisive
process for traders to find exceptionally low risk/high return
trades which are then managed along consistent guidelines.
Its Isolation Approach™ to Elliott Wave
avoids the confusion of conflicting patterns and timeframes, enabling
the trader to concentrate on the crucial Risk/Reward equation.
Built for both swing traders and longer-term position-takers,
it is perfect for those seeking trades lasting from several days to several
weeks.
Either way, the single goal is to help traders build
a successful trading plan by identifying, evaluating and managing
'ideal trades' uncovered by the software, time after time.
Whilst keeping completely focused on the Risk/Reward ratios essential
for success.
Finding ideal trades, analysing risk/reward
outlooks, managing exit stop placement
EOD 4.0 uses our unique Isolation Approach™ to Elliott Wave for
Risk/Reward trading. It is for traders, not forecasters.
At its core, the Trade Scanner automatically
searches for a recurring and simple type of market movement (an 'ABC'
correction-to-trend). In Standard Use, the Scanner can
sift through your database of markets to find any chart showing an ABC
correction which is not only at a critical price level but also showing
specific signs of price reversal. The vital Analyze function
both calculates and displays the Risk/Reward outlook
of any such 'ideal set-up'. This helps assess whether its potential return
sufficiently outweighs its initial (money) risk of loss - an 'ideal trade'.
The Initial Risk Calculator module
determines the size of the position to trade. Using either the fixed or
variable fractional method, this helps ensure that any initial loss is
kept within the % risk parameters for the fund - 'ideal trade size'.
The Analyze display function
projects the relevant Profit Targets for the trade onto the chart (including
the price at which 100% of initial money risked will be covered
and the price at which 2-3x risk will be made).
This enables visual evaluation of Risk/Reward prospects and visual confirmation
of the exit stop strategy - 'ideal trade management' and 'trading psychology'.
Longer-term & shorter-term trades can be identified
easily by using the Major and Minor waves options
in the software, while traders can also learn from history by checking
previous examples of trade set-ups using the Historical Search
module and Training Mode.
For Advanced Use, the Scanner
allows other valid trade set-ups to be found within the MTPredictor process
eg. Minimum & Maximum price zones for unfolding set-ups, early warnings
of emerging set-ups, set-ups not showing an ABC sub-division etc. Time/volume/oscillator
indicators can be used to add weight to set-ups, if desired. Expert traders
can also use the selective library of advanced techniques (including manual
analysis) to uncover set-ups. Advanced Use also allows
expert trade management plans to be followed eg. multiple-position
trading.
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