Question on History signals Part 3

So the end result, was ONE short trade (not three) that resulted in a nice +3.8R Profit (ignoring slippage and commission) on the close.

So again, History Signals should be viewed and thought of as “filled” trades and not “failed” trades.....

Thanks, Steve

Question on History signals Part 2

As you can see, we got three possible sell signals late in the day on this 3min YM chart, two history signals and one TS4 sell, so is that three trades ?

No, if you see the help video:

p://www.mtpredictor.com/help/videos/65-history2/65-history2.html

You will see that once we place the Analysis on the first history signal, the short trade was filled, BUT (and this is the important part) is was NOT stopped out. So when the next two signals came up, you would already have been in a short trade.

So this means that just because you see a History triangle on a chart, it does not mean that it is a “failed” (-1R loss) trade, all it means is that it is a “filled” trade. You should then place the Analysis on to see how it would have been managed.....

Thanks, Steve

Question on History signals

Hi Everybody.

Here is a question I get a lot, and it is to do with the History Signals that are in MTPredictor v6.5.

Sometimes we can get “double tops” or double bottoms that can shift the pivot lines along, this then places a history triangle on the chart. So the question (please see the chart) is whether these are actually filled and then failed trades, or what do they mean ?

Thanks

Steve