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Client comments:

"Steve: Over my dead and dying body, could you ever take this software out my hands. I have paid for my software both EOD and RT, in my first month. I truly think my eternal search is now over. I have found the holy grail"

Jeff, Private Trader

"I been a professional trader for 14 years and Hedge Fund manager for 2 years. I have seen tons of dubious methods and systems come and go over the years. But I'm very pleased with the way that you've been able to quantify and deploy a very simple yet effective method for trading on the right side of the risk/reward proposition"

Todd, Hedge Fund manager

"I have found the EOD of MTPredictor to be excellent, as the developer gives a daily comment including the entry/stop/exit points precisely. The developer, Steve Griffiths, is one of the most responsible persons in the business. The final question is whether one can make money out of this and my answer is a definite YES"

K.C., Private Trader

  VSA - High Volume Spike analysis

 

Using high volume spikes for trade identification

VSA or high volume spike analysis involves looking for a high volume spike that has breached an important high or low. We then look for an MTPredictor coloured reversal bar at DP (Decision Point™) support or resistance for the trade entry. Oscillator divergence at the set-up is a bonus.

 

Here is a great example on the 3min TF (US E-mini Russell 2000 index future):

 

 

Here we have the Russell index make new highs on a wide range day with a high volume VSA bar. The next bar was a red (sell) bar that unfolded right at DP resistance. This was  perfect MTPredictor VSA trade setup.

 

Okay, let's see how the setup unfolded:

 

 

As you can see, this nailed the high of the day as the Russell declined sharply into the close for an approximate +8R profit.

 

If you would like more information, please see these two Help Videos, showing how easy it is to find these set-ups in MTPredictor

 

 

 

 

 


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Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Past performance does not guarantee future results. Simulated performance results contain inherent limitations. Unlike actual performance records the results may under or over compensate for such factors such as lack of liquidity. No representation is being made that any account will or is likely to achieve profits or losses to those shown. By purchasing the MTPredictor program, you acknowledge and accept that all trading decisions are your own sole responsibility, and MTPredictor Ltd, MTPredictor.com or anybody associated with MTPredictor Ltd including S. E. Griffiths and A. P. Beckwith cannot be held responsible for any losses that are incurred as a result.
 
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