5min YM for +5R Profit

Hi Everybody,

There was a lovely example of a “standard” MTPredictor automatic trade setup on Friday on the 5min YM.

If you look at the chart you can see how the TS1 buy was on a Blue STF, so was a standard buy setup. The YM then rallied nicely to reach the first projected profit target, were the STF was weak (below the strength band). This meant using the Profit target to bank a nice +5R Profit (ignoring slippage and commission).

So a beautiful example of a completely standard and automatic MTPredictor trade setup.

Thanks, Steve