Long from low of day !!

[Steve Griffiths]

Hi Everybody,

I just wanted to share this MTP set-up from yesterday on the 5min NQ. Here the TS3 set-up nailled the low of the day..... :)

See Chart below

We were also short from the high of the day on the AB into the low of the day, then this long on the NQ from the low of the day.

What a brilliant day's trading :) :)

Steve

[Steve Griffiths]

Hi Everybody,

Just so you can have a "sneak preview" of what we are currently working on here, here is the same set-up with the WPT zones on the eSignal chart itself.

As you can see, the low of the day was not only a TS3 buy set-up but this reversed right at the Typical Wave C WPT. Tyical Wave C WPT's are drawn in Pink.

This will make using the MTP set-ups in eSignal so much easier for you :)

Thanks

Steve

[msmithbtl]

Steve,

Why do you think this NQZ5 5 min trade showed up in E-Signal but didn't show up in MTPredictor? I tried a manual trade setup on the same reversal bar and it didn't show up either. I can manually project a 'Wave C' down to the 'Typ Wave C' reversal area but MTPredictor didn't pick it up on its own.

Thanks,

Mike

[Steve Griffiths]

Hi Mike,

It did, but a few bars later. This is where the new efs's for eSignal are actually finding some set-ups earlier than MTPredictor itself. This is because of a differnet approch our efs porgrammer has taken to creating our "real-time" pivots that the one used by our main programmer who has written MTPredictor itself.

I am asking all users if they would like to keep the efs working like this, or if they would like us to slow them down, (the same as MTP itself). But so far, most efs users like the idea of being able to find some set-ups slightly earlier.

Agian, this does not happen all the time, only in some certain circumstances.

I hope this helps ?

Steve