Anyone using MTPredictor???

[Aloakdutt]

Since Nifty had broken the previous swing high reversal point, Wave1 or A is revised now to Major high of previous swing where we can see nifty next tgt is 6200 levels, Yesterday nifty high was 6174.80 in futures.... as was found to have supply at that level.. need to see how long it can hold... IF nifty breaks 6174.80 then we can see 6200 to 6250 levels and Wave 1 or A ending and revesal towards Wave 2 or B...

However Nifty needs to close the gaps that formed near 5400 level and 5700 level. need to see when it will close , can be in two days or week or months...

This is my opinion , however request to recheck

Thanks

 

[Aloakdutt]

Nifty Weekly chart showing swing confluence of price levels... at 6200 to 6400 levels.

Thanks

 

[Aloakdutt]

Axisbank EOD Chart...

 

[Aloakdutt]

Axisbank Weekly Chart showing Major EW ABC completion and Next Reversal point on weekly basis is at 1700 Rs...

My opinion , kindly recheck...

Will have resistance around 1200 to 1300 levels before going up to 1700 for reversal....

 

[debashish neogi]

Axisbank Weekly Chart showing Major EW ABC completion and Next Reversal point on weekly basis is at 1700 Rs...

My opinion , kindly recheck...

Will have resistance around 1200 to 1300 levels before going up to 1700 for reversal....

Hi Alokdutt, Do you use MTPredictor or its plugin/add-ons available with Ninja trader software? Do you trade intraday with this software?

Regards
Debashish

 

[Aloakdutt]

Nice thread. I've used MT Predictor 6.5 before and it is quite interesting. I use a stand-alone MTP with data being fed from MT4 (This was when FXCentral was available with NSE data). After FXCentral stopped their NSE subscription, not really used it again. I usually trade using 3 multiple time frame. In my experience, not all trades were successful and one should not blindly follow the signal.

Dear Friend,

Nice to know you were using MTP... Data fed from MT4.. Request you to guide me how to get Data from MT4 to MTP Standalone or NT7... Incase it is the latest version can you attache the link for download.. and is it educated.?

By the way may i know are you using latest version MT predictor 7 or 7.5..
or is it an addon for MT4..

Would appreciate your assitance.

 

[Aloakdutt]

 

[Aloakdutt]

Nifty weekly EOD as of 28th September 2013 along with Supply zone and demand zone..

Some elliot wave is market , decision point is reversal points currently..

 

[Aloakdutt]

Banknifty with SD Zones

Bank nifty Weekly with SD Zones

 

[Aloakdutt]

Heromotoco Daily chart with Supply and demand zones

Weekly with SD Zones