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home | MTG Gap Fader
 

MTG Gap Fader

A Powerful Tool with One-on-One Training

The MTG Gap Fader program combines a powerful gap research tool and system builder, Gap FaderTM, with personalized, 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 Gap Fader.

Analyze Gap Setups

MTG Gap Fader is designed to allow robust testing of fading (going the opposite direction) of the opening gap. But by you can also determine the historical probabilities for "following the gap" too by simply inversing the stops and targets.

Any Market

Test any market or security in which TradeStation® provides historical data.

Any Timeframe

You can test entering at any opening time.  For example, you can specify the gap trade to enter precisely at the open of the New York Stock Exchange (9:30 am ET), or 10 minutes prior, or even 5 minutes after (or any interval before/after).  You can test to see which entry time is optimal based upon your criteria and objectives. 

Four Different "Built-In" Filters

Benefit from MasterTheGap's market experience and application development expertise, and with the click of a button, test tens of thousands of different combinations of the following criteria/filters:

  • Gap Size (min and max)
  • Seasonality (day of week and day of month)
  • Market Condition (above or below any moving average)
  • Opening Zone (above the prior day high? below the lows? or any of MasterTheGap.com's 10 zone PLUS 2 of Scott's favorites: the Cowboy and Heat zones)

Custom Filters

MTG Gap Fader includes the ability to easily add unlimited custom filters.  Ever wonder how gap fades work after three successive higher daily closes? Or after a daily doji and 10 day high? With Gap Fader, you have the power at your fingertips to easily test just about any scenario you can imagine. Included with the application are about 15 of Scott's favorite custom gap filters and a simple way to trigger them on/off.

Two Configurable Target Techniques

With a single click, you can specify your desired technique for calculating targets:

  • % of Average True Range (ATR) - useful for setting targets, in front of, or beyond gap fill, during volatile markets (note: # of days for calculating ATR can be specified)
  • % of Gap Size - great for testing and setting optimal targets based on the size of the gap. Especially useful for large gaps. What are the odds of today's gap filling 1/3 of the way? Stop guessing. Test and know.

Four Proven Stop Techniques

With a single click, you can specify your desired technique for calculating stops:

  • % of Average True Range (ATR) -useful for setting volatility-adjusted stops. The more volatile the market, the bigger your stop and vice versa. (note: # of days for calculating ATR can be specified)
  • % of Gap Size - great for testing and setting stops for large gap. Does today's large gap need a large stop or it is more likely to reverse and fill quickly? Stop guessing. Test and know.
  • Time Stops - test and specify a time of day to exit the trade if neither your target or stop have been hit.
  • Point Stops - test and specify a fixed point stop for all gap trades. You can also input minimum and maximum size point stops for easy position sizing calculations when using the "% of ATR" or "% of Gap Size" techniques.

Workspace & Indicators for TradeStation

To save you time and allow you to visually see the results of various Gap Fader tests, a pre-configured TradeStation workspace is included.

Personalized Training from "The Gap Guy"

The MTG Gap Fader application comes with five (5) hours of one-on-one training and follow-up support from Scott. The training can be conducted over 1-2 days (face-to-face) or via three or four 1-2 hour online sessions (depending upon your needs). Online sessions are recorded and made available within 24 - 48 hours.  Additional training and support is available for purchase from Scott as needed.

IMPORTANT: To learn more about the MTG Gap Fader 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.

Important Notes

  • MTG Gap Fader requires TradeStation® v8.8 or higher. 
  • This program is for individual / non-professional traders. Contact Scott @ MasterTheGap.com 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 Gap Fader licenses is strictly limited and managed, "first come, first served." 

Bottom Line

Whether you want to create your own automated gap trading system or simply conduct your own testing, MTG Gap Fader gives you the power to test your ideas and create a probability-based plan tailored specifically for your goals and risk tolerance.

Scott's primary goal is to deliver a compelling blend of training and software to help motivated traders, while also building lasting friendships with other "gappers" around the world.  If you have any questions, feel free to contact him at Scott @ MasterTheGap.com

Buy Now

Testimonials:

 

"Hi Scott, I've also enjoyed our sessions and look forward to keeping in touch; the mentorship exceeded all my expectations and have the utmost respect for your open and honest way of teaching and doing business.  It is obvious how much you enjoy teaching and I think that's what made learning so easy and enjoyable. I'm extremely lucky I found out about this mentorship as early as I did. I have no doubt it will pay for itself many times over, and would recommend it without reservations."  - Pradeep

"The mentoring provided tools and techniques for developing a gap trading strategy aligned with my personal trading style and loss tolerance. It was very thorough and detailed. The pace was perfect. The content was well organized and persented in great detail. The GF software is a great tool. Easy to learn and use. The best advice I can give is to scrape up the money and take Scott's mentoring. I have spent thousands of dollars on training but feel I got the most, far much more, from Scotts mentoring than any other training I've paid for." - Barbara

"Outstanding program w/excellent flexability. Exceeded my expectations."  -Don

"I couldn't have learned so quickly without mentoring. I didn't even know what a futures contract was until I found Scotts trading room in August last year. I quickly signed up for mentoring. The cost, $6000, was some of the best money I ever spent, next to the cost of my college education." - Barbara

“I have been rapt with the Mentorship and the software, as I said to you before it has been a major factor in my making the decision to move to trading as a pro. Your integrity as a trader and educator is second to none and it has been my pleasure to get to know you personally.”   -Steve M. 

"What attracted me to MTG & Scott is his honesty and humility. I appreciate that his primary concern was for total customer satisfaction. I recommend this mentorship to all those who desire to dig into strategy development with Tradestation & Easy Language." - Herb S.

"I want to make sure you know how incredibly stoked I am about starting the mentorship this week!  As I test with Gap Fader and go through your old blog entries, I am coming to understand what a remarkable job you have done – from humble beginnings to now starting your own firm. I have always enjoyed your service, but I’m starting to realize what an excellent trader you really are. " -Issac M.

"I liked that the content was scheduled over a 4-6 week time frame - this gave me the opportunity to play with the strategy and absorb each weeks "lesson". No suggestions for improvement at this time. It was not as complicated as I thought it would be."  -Herb

"I would highly recommend this mentorship to other traders. Scott gives all the tools to become dangerous :) He opens your eyes up to powerful trading strategies that can suit your trading style. I am fully confident that the MTG Fader program and mentorship will pay for itself in no time. In fact, it's already paid for mine. Thanks Scott!"  -Cole P.

"Can you stand a little boasting about your mentorship. I'm up $4877 for trading the three days after we finished the training. I took the gap today with an extended goal of one point. Three cars for $572 per car. I enjoyed working with you on a one-on-one basis and I think the mentorship was perfect for me." -Hal B.


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 MTG-Testimonials
Here's what our members are saying ...

Even though I am not finished with your mentorship, I’ve already used the Gap Fader tool to make money. I back-tested the best size stop to use on one of my favorite stocks and risked 44 cents. It also told me to hold beyond the prior close for a bigger target. And that is what I did. Result: 67 cents of profit per share in one day, and best of all I was in and out in 10 minutes. THANK YOU!! I can’t wait to learn more.

Randy


Hi Scott,
In just a short period of time, your signals have prevented me from taking trades I would have clearly lost money on. As you have stated, the key is taking the gaps that have the best chance of working, and your system is a great filter to use even for experienced gap traders!
Thanks!
Leigh
Read more...

Scott, i'm very happy with my trading results. With the help of your site and Otis signals the results have been great! In this business full of "get rich quick" schemes it's very good to find a real system based on probabilities and results. Thanks for your hard work and thanks for your help!
Javier
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