MTPredictor Forum

Welcome, Guest. Please login to post messages (customers only) .

Author Topic: Trading on Neutral Trend  (Read 123 times)

ag

  • Newbie
  • *
  • Posts: 5
Trading on Neutral Trend
« on: April 23, 2017, 02:05:42 PM »
Hi Guys,

If MTP Predictor has a neutral trend, I assume it can still be traded. Is there any specific steps to be taken?

Assume if a trade was entered with Neutral trend, then we would still follow the normal stop rules of:
A) After entry if trend increases to direction of trade, then use ATR Stop or
B) if trend moves to opposite direction of trade then use R/R Stop and
C) if it remains neutral, then also use the R/R Stop?

Michelle

  • Newbie
  • *
  • Posts: 6
Re: Trading on Neutral Trend
« Reply #1 on: April 25, 2017, 08:50:12 AM »
Hi Ag,

As I understand it -

A) The ATR stop is only an option if the bars in the MTP TREND indicator exceed the bands in the MTP TREND indicator.

B) For me, if I'm long and the MTP TREND bars turn red - I try get out for a reduced loss

C) If the trend remains neutral, I bring my stop to break even as soon as I hit the 100% line... this is only because in my experience it seems easy to make winners... it's the losers I need to limit. Sometimes it's terrible though because I get taken out for a BE and then the trade goes on to profit. I try convince myself I don't mind when this happens because odds were against me. It's difficult though.. :)

Michelle

ag

  • Newbie
  • *
  • Posts: 5
Re: Trading on Neutral Trend
« Reply #2 on: April 25, 2017, 09:54:42 AM »
Many thanks Michelle.