What is MTPredictor RT Add-on for NinjaTrader 7 16?
MTPredictor RT add-on for NinjaTrader 7 16 is a software that integrates with the NinjaTrader 7 platform, which is a popular and powerful trading software for futures, forex, and stocks. The MTPredictor RT add-on provides you with additional features and functions that can enhance your trading analysis and performance.
Some of the features of the MTPredictor RT add-on for NinjaTrader 7 16 are:
Automatic setups: The MTPredictor RT add-on can scan the market and find five types of automatic setups, namely TS1, TS2, TS3, TS4, and DP. These are based on the Elliott Wave Theory and Fibonacci ratios, and they indicate potential reversal points in the market. The MTPredictor RT add-on can alert you when these setups occur, so you can take action accordingly.
Position sizing: The MTPredictor RT add-on can help you determine how many contracts, lots, or shares to trade based on your initial risk and account size. This way, you can keep your risk small and under control, and avoid overtrading or undertrading.
Trade module: The MTPredictor RT add-on can also help you execute trades directly from the NinjaTrader 7 chart. You can use the trade module to place orders, modify orders, cancel orders, and manage your trades. The trade module also shows you the risk/reward ratio, the break-even point, and the target zones for each trade.
Decision support: The MTPredictor RT add-on can also provide you with decision support tools that can help you confirm or reject a trade setup. These tools include the wave price table, the R/R table, the VSA histogram, the volume spread analysis indicator, and the Holy Grail indicator. These tools can help you analyze the market conditions, the strength of the trend, the supply and demand levels, and the momentum of the price action.
Why Use MTPredictor RT Add-on for NinjaTrader 7 16?
The MTPredictor RT add-on for NinjaTrader 7 16 can offer you several benefits as a trader. Some of them are:
It can save you time and effort in finding trading opportunities. Instead of manually scanning the charts and applying indicators, you can let the MTPredictor RT add-on do the work for you. You can focus on evaluating the setups and making trading decisions.
It can improve your trading accuracy and consistency. By using the MTPredictor RT add-on, you can follow a systematic and objective approach to trading. You can avoid emotional or impulsive trading decisions that can lead to losses or missed opportunities.
It can increase your trading confidence and discipline. By using the MTPredictor RT add-on, you can have a clear plan and strategy for each trade. You can know your entry point, exit point, stop loss level, target level, risk/reward ratio, and break-even point before placing a trade. You can also manage your trades effectively and adjust them according to the market conditions.
How to Get MTPredictor RT Add-on for NinjaTrader 7 16?
If you are interested in getting the MTPredictor RT add-on for NinjaTrader 7 16, you can visit [the official website] of MTPredictor. There you can find more information about the features, functions, pricing, and testimonials of the software. You can also watch [a video] that introduces the MTPPredictor RT add-on for NinjaTrader 7.
You can also get a free trial of the MTPredictor RT add-on for NinjaTrader 7 16 by filling out [a form] on the website. You will need to have a NinjaTrader 7 license and a data feed to use the software. You can also contact the MTPredictor support team if you have any questions or issues with the software.
Conclusion
MTPredictor RT add-on for NinjaTrader 7 16 is a powerful tool for trading analysis that can help you find and manage trading opportunities, control your trading risk, and execute trades with ease. It can save you time and effort, improve your trading accuracy and consistency, and increase your trading confidence and discipline. If you are looking for a trading software that can enhance your trading performance, you might want to give the MTPredictor RT add-on for NinjaTrader 7 16 a try.
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