MTG Range Trader
A Powerful Tool with One-on-One Training
The MTG Range Trader program combines a market-leading research tool, MTG Range TraderTM, and one-on-one training to help you achieve your trading goals by using probabilities, not possibilities. (And best of all, no coding or EasyLanguage experience needed!)
Click HERE to watch an overview video of MTG Range Trader
Four Different Trade Setups
MTG Range Trader allows you to analyze four common trade setups:
- High Breakout
- Fade the High
- Fade the Low
- Low Breakout
Test any market or security in which TradeStation® provides historical data.
You can test any opening range timeframe. For example, you can specify the opening 15 minute range, or the entire morning session (9:30 - 12:00pm ET). The opening timeframe is configurable by you.
Three Powerful Studies
Benefit from MasterTheGap's market experience and application development expertise, and with the click of a button, test each trade setup using three different criteria and over 25,000 possible combinations of pattern, market conditions, and seasonality:
- Prior Day Pattern (16 unique patterns)
- Opening Gap Zone (10 different zones)
- Range Pattern (16 unique patterns)
Market Condition and Seasonality Filters
Take your research to the next level by incorporating two configurable Moving Averages to discern between bullish and bearish market environments.
Also incorporate into your analysis the day of the week. Are Monday's better for breakouts or fades? No need to guess, when you can test.
MTG Range Trader includes the ability to add unlimited custom filters. Ever wonder how range breakouts work after three higher highs on the daily chart? With MTG Range Trader, you have the power at your fingertips to test just about any scenario you can imagine.
Three Stop & Target Techniques
With a single click, you can specify your desired technique for calculating stops and targets:
- Fixed number of points (useful for futures markets)
- % of Average True Range (ATR) (useful for volatile markets)
- End of Day (great for maximizing potential profits)
Workspace & Indicators for TradeStation
To save you time and allow you to visually see the results of various Range Trader tests, a pre-configured TradeStation workspace along with two .ELD indicators are included:
- MTG Range Trader - Yesterdays Pattern
- MTG Range Trader - Opening Range Pattern
The MTG Range Trader application comes with up to five (5) hours of one-on-one training with Tim "Coach" Mock - conducted over two or three 1.5 hour online sessions (depending upon your needs). Each session is recorded and generally made available within 24 hours. Thirty minutes of training is reserved for follow-up training and support. Additional training and support is available by purchasing additional "coaching" time from Coach Mock.
To learn more about the MTG Range Trader program, please review Memorandum Of Understanding (MOU) and End User License Agreement (EULA). You will need to sign and return both after purchasing this product.
- MTG Range Trader requires TradeStation® v8.8 or higher.
- This program is for individual / non-professional traders. Contact us if you are not sure or would like a quote on a professional or multi-user license.
- In order to control the proliferation of the code and provide the optimal training experience and support for each licensee, the number of Range Trader licenses is strictly limited and managed, "first come, first served."
Whether you want to trade the opening 15 minute range, or perhaps the first hour's opening range, or even create an end of day strategy, MTG Range Trader gives you the power to test your ideas and create a probability-based plan tailored specifically for your goals and risk tolerance.
"MTG Range Trader takes trading 'probabilities' to a whole new level. Once I got my arms around what this jet engine is capable of doing I could hardly stop thinking of all the possibilities - they are limitless. In a matter of hours I am able to build a database of odds on a 15min breakout-only strategy on any market. The patience and superior data skills you provide during training really makes Range Trader fly. I advise anyone who wants to simplify their trading plan backed with 10+ years of data to get their hands on this amazing tool." - Stephen
'I have been using the Range Trader product for several months as an active trading tool. The concept of using 3 individual filters with the ability to optimise on a number of variables allows for a flexible approach that can be tested across multiple markets. Multi market testing is a key component in assessing the robustness of a trading strategy and the Range Trader product has passed this test in my opinion. This is not plug and play but a tool that could be customised and used as an additional signal criteria to an existing system or as a stand alone market edge.' - Ryan