Steve: I will admit that I am just relearning MTP so I am in simulation mode. BUT, I have read your entire manual, listened to many of the webinars, read all your Advanced Blogs and applied what you have been teaching. I got the TS3 short and then reversed on the DP which even had a VSA for added confirmation!!!! I used the ATR stop since the oscillator went through the band so I got stopped out, but what I find incredible is that price eventually went to the DP profit target zone and reversed again!!!! I feel that even I could have written your blog today because of how well you teach. Thanks for your great instruction and for answering all of my questions. Again a Million Thanks for your great education!!!!!!!!!!
Greg, Private Trader
VSA or high volume spike analysis involves looking for a spike that has breached an important high or low. MTPredictor Volume Spread Analysis Indicator makes this process quick and easy by displaying a coloured reversal bar at DP (Decision Point), which is in support or resistance of the trade entry; oscillator divergence at the set-up is a bonus.
MTPredictor is packed full of useful tools such as the Volume Spread Analysis 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.
If you would like to improve your market insight, reduce your risk and improve your profits then MTPredictor is definitely for you.
Read more on high Volume Spike Analysis (VSA) ..............