Here is the same setup, but this time using the tools that are in the MTP RT add-ons for NinjaTrader 7.
As you can see, the ABC low was automatically found using the new Elliott Wave module in Ninja 7. Then we use the DP (from the last high) for the “initial target”, and place the Risk/Reward analysis on the chart. And there you go, the same setup as we had in MTP v6.5......
As a PS, if you go down to the 2min chart, then it was found as a TS3 buy automatically on both MTP v6,5 and in Ninja 7.
As you can see, the ABC low was automatically found using the new Elliott Wave module in Ninja 7. Then we use the DP (from the last high) for the “initial target”, and place the Risk/Reward analysis on the chart. And there you go, the same setup as we had in MTP v6.5......
As a PS, if you go down to the 2min chart, then it was found as a TS3 buy automatically on both MTP v6,5 and in Ninja 7.
Thanks Steve
PS, turn to the Advanced Blog for more Advanced Analysis
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