Mt Predictor

[giusepe]

Hello im new to forex and want to trade with Mt predictor and my question is how realy works the software because i have 2 computers, one at my home and one at my office. Can i install the software on both pc ?
And i have any problem if i reinstall my windows if the mt predictor is on my computer?I ask this because many time i have problem with my windows xp.
Thanks

[mrkam]

Hi Giusepe,

Firstly I am NOT with MTPredictor, just a really happy user. (so don't take this as "official" technical support...)

I have both EOD and RT on two computers. (RT is really just a few plugins that my Esignal uses....).

As far as re-installing, again, no problem. I have done that as well. When you purchase EOD, you get a "user number" via email. KEEP IT SEPERATE!! (print it out & file it....). When you install (or re-install) MTP, it asks you for the user number and you plug it in (or plug it in again), and you are done.

Even if you lose the #, again no problem. Email MTP and you will have your number back in a matter of hours... well, maybe not now as Steve is on vacation!!

No problems. This is one if the easier software packages I have ever worked with as far as multiple computers and reinstalls go....

Hope that helps...

[giusepe]

thanks for reply
im just thinking how is mtpredictor if is stand alone version because i dont want to use esignal or any service like this.
Mtpredictor have his data server or no?
thanks

[mrkam]

the end-of-day version will work with pretty much anything. I know because I have used a lot of them!! You HAVE to have some sort of data service to use MTP. Esignal is expensive, if you don't need streaming data. If you do EOD. then you can use yahoo free, or any number of others, check their website. I found the best EOD "pay for" data to use was Worden Telechart2000, again check the MTP website. Telechart integrates nicely with MTP....

But, MTP will use pretty much any ASCII data (although I had trouble with datamonkey), and ANY metastock data. MTP is REALLY good with that...

It also depend on what EOD data you want to use: stocks, futures, forex.... Check the board for that...

Good success to you!!

mk

[giusepe]

the end-of-day version will work with pretty much anything. I know because I have used a lot of them!! You HAVE to have some sort of data service to use MTP. Esignal is expensive, if you don't need streaming data. If you do EOD. then you can use yahoo free, or any number of others, check their website. I found the best EOD "pay for" data to use was Worden Telechart2000, again check the MTP website. Telechart integrates nicely with MTP....

But, MTP will use pretty much any ASCII data (although I had trouble with datamonkey), and ANY metastock data. MTP is REALLY good with that...

It also depend on what EOD data you want to use: stocks, futures, forex.... Check the board for that...

Good success to you!!

mk

Thanks for reply
I want a version to use for FOREX but i still dont understand what is the right version for me and they sems to be very poor when i need suport.
I want something to work maybe in real time but to not use esignal data or any provider to pay for data.
Thanks again

[stevej]

Thanks for reply
they sems to be very poor when i need suport.
I want something to work maybe in real time but to not use esignal data or any provider to pay for data.
Thanks again
I have no connection save as a customer.

MTP support is superb in my experience. I had a problem last week. I had fast responses from Tony Beckwith, Matt Bowen and from Steve Griffiths while on holiday.

If you want real time you will have to pay for Realtick, Tradestation or esignal.

If you want EOD any metastock source or ASCII. Beware. If you pay peanuts you get monkeys. If you want data for free expect to get what you pay for.

HTH

[mrkam]

I have also found their customer service GREAT! best I have ever received from any software company, or any company for that matter... but to your question.

I don't trade Forex, but I am not aware of any free realtime data. The only free data I know of is end of day. Even then, when I went through my "free" days, I found free data questionable. If you have bad data, you have bad analysis no matter what software you have. In my way of thinking, you HAVE to have good data, and that means you have to pay for it.....

For support and integration of MTP, I find esignal very good, but then, I have never used TradeStation... It might be good as well. Esignal has be solid and dependable. The MTP efs files work perfectly with the esignal charts, and esignal has good drawing tools which I use in addition...

Anyway, good luck in your hunt!

[mascurioso]

Hi,

I'd appreciate any input from anyone who has used these programs. I'm currently a Genesis EOD user, but I'm interested in getting real-time data because I would prefer to be able to update MTP as soon as the markets close as opposed to when Genesis prepares its data for download (6.30-7.00p.m., which for me makes for too many late nights doing analysis, which takes away time from more important things like family). Frankly, both services are too expensive, but I'm wondering if it would make sense for me to get rid of Genesis altogether and only work with e-Signal. I don't have MTP RT nor do I think I will any time soon.

Thanks for your help.

Mas

[mrkam]

Hi Mas,

Hope this helps. (Not knowing what you are trading...) I trade EOD futures, and the index emini's realtime. So, I use MTP-EOD for the futures, and Esignal RT efs files for the eminis realtime... If you go to MTP-RT, you are limited in your data. Pretty much just esignal or tradestation. (I have no experience with tradestation). But, as above, I like esignal. Expensive, but I have to count that as a cost of doing business.

Now, I can get up-to-date futures data from esignal for free, (so to speak) along with my $115 per month premier subscription for the emini data. ($100 for esignal, $15 for realtime exchange fees.) Since I already get the realtime data, the futures data (realtime) is available as well. But you don't want to go to MTP-RT. That is OK. You can still get the datafeed as realtime. And, as you allude to, you get the days data immediately at close of day, and don't have to wait. But it costs!

The question is, how to get that data into end-of-day metastock for use in MTP-EOD. In order to do that, I had to buy a data downloader specifically for esignal. It is called "Qcollector" and is $80. (www.mechtrading.com) . This software integrates directly with the esignal data service (nicely), and will download WHATEVER data at WHATEVER interval you want. You just set it up. It works very nice. You can set up scheduled downloads, so get your data every hour, then analyze/scan with MTP-EOD hourly if you want. I get it once at the end of the day, 1:30pm pacific, and go to work with my end-of-day scanning & analysis. Since I already have the realtime subscription, the daily data is immediate, no delay. Qcollector just "collects" it in daily form, and saves it to my computer as metastock (but can do ascii as well....)

Anyway, works for me. Hope this helps a little...

MK

[mascurioso]

Thanks MK. This is exactly the kind of information I was looking for. I'm also an e-Signal Premier subscriber, but I wasn't aware of any way to import their data into MTP EOD. I'll check out QCollector and see how that works.

BTW, is the $15 exchange fee for all exchanges (NYBOT, CBOT, CME, NYMEX, COMEX) and Forex, or only for the index minis you trade?

Regards,

Mas

[Matt Bowen]

Hi giusepe,

I want a version to use for FOREX but i still dont understand what is the right version for me and they sems to be very poor when i need suport.


First off, this bulletin board is not a technical support forum, in fact, none of the threads have a listing called "Technical Support". In order, for us to fix a problem, we need to see what's going on. I mean you wouldn't call up an auto mechanic and have him fix the problem over the phone would you?

Call the technical support phone number and schedule an appointment, Steve can will use GoToMeeting, so we can connect to you computer and see exactly what the problem is on your software or computer.

Second, you are asking about Forex and which version should you use. We need some details about your background: Do you have the ability to watch the market all day, what size trading account are we talking about, are you planning to carry positions overnight? ect...

I want something to work maybe in real time but to not use esignal data or any provider to pay for data.


I don't know if you really want me to answer this... I mean this is like saying: "I want to buy a car, but I don't want to pay for the gas" :confused:

[Steve Griffiths]

Please can you EMAIL all support questions to Support@MTPredictor.com.

This forum is NOT for technical support. We do try and look at the board regualrly, but we can answer email questions and help you quicker via email.

Thanks

Steve

[Vernon]

Hi, Steve!
I want to know this :
I heard about many versions MTP: 3,4,and lastly 5.0.
My question is: did you modify /improve the rules of finding the setups from a version to another(next) version in the past?
Maybe the rules are so "strong" so that you not need to alter them.
I'd like to be so , otherwise it is difficult to decide for purchasing the system.
Too many SW vendors deliver every year a new version moreover because the rules are every time altered!!! This is not a good deal!
What about MTP ?
Vernon

[Steve Griffiths]

Hi Vernon,

A very good question. And I agree totally with you, a system must be strong enough to stand the test of time, this is why the maths behind the standard trade set-ups has not changed since v1.0. BTW, I have also applied these set-ups to charts throughout history, and they work equally well on a charts 10-15 years old to ones now.

I hope this helps ?

Steve Griffiths
Developer of MTPredictor

[Vernon]

Many thanks Steve!
I's a privilege for me receiving the answer right from the developer!
But please, lastly, ammend these two informations I read many times on Forum when you was about to launch on the market the EOD5.0 vers:
1. Someone said you altered the rules as to get more setups respect to the past, using the same input data. It is true ? Does this meant a really altering of the initial rules???
2. In the same time , people talked about a "New ABC module" .Why? A new kind of setup, so that a new rule???
Once I'll get yuor comments I'll no longer have doubts on this subject, unless you'll give me your answer!:confused:
Regards,
Vernon

[Steve Griffiths]

Hi Vernon,

Thanks for your reply.

As the Developer I should know the porgram works, so again I answer your question that the basic maths for the standard trade set-ups has remained unchanged since v1.0.

Secondly, the "new" ABC advanced module (in v5.0) is an example of how we have added "additional" features to later versions. This allows users to find more "additional" ABC set-ups that previously required the user to find and apply "manually". These are above and beyond the standard TS1, TS2 and TS3 trade set-ups (which as I have already said) remain unchanged since v1.0

I hope this helps ?

Steve Griffiths