mnGapAnalysis
Trading the opening gap can be a profitable trading strategy, however when capital is at risk, it is important to trade the gaps with the highest probabilities of success and the instruments that yield the best results over time.
Whilst there are resources available on the Internet that offer good research and analysis about opening gap trading opportunities, most of these provide information about only a limited number of markets and also fail to offer performance statistics to optimise multiple profit targets and stoploss strategies.
Following on from the success of mnGapAutotrader, which automatically fades the opening gap and then manages the profit and stop losses, we have developed a sophisticated and powerful gap analysis tool called mnGapAnalysis.
mnGapAnalysis Benefits:
1) Find the best instruments to trade.
2) Determine the best profit targets for your opening gap trades
3) Find the best stop loss level that balances risk and potential rewards
4) Discover the optimal minimum gap size for any instrument
5) Analyse any future, ETF or share. If it has a gap, it can be analysed!
6) Fully owned licence – no monthly fees and free software upgrades.
7) Use to optimise manual trading strategies or in conjunction with mnGapAutotrader.
mnGapAnalysis Features:
1) User can set different profit targets to find optimal trade parameters
2) User can select minimum gap size
3) Displays the total number of times each profit target is hit, also the average and maximum profit target sizes.
4) Displays how many gaps are smaller than the user determined minimum gap threshold
5) Displays median, average and maximum MAE (maximum adverse excursion) values, which shows how far price moves against the trade. These figures are useful to determine the size of the stop loss.
6) Classifies the current gap and then displays the above information for that gap type.
mnGapAnalysis In Action
You can see mnGapAnalysis in action with Swiss Franc Futures (symbol: 6S).
Todays gap has been classified, using our own system, and then previous historical data analysed for that gap type. This helps the trader decide whether this is a good trading opportunity or not today.
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Close Up Of mnGapAnalysis Data
The image below shows the information displayed by mnGapAnalysis once it has performed it’s analysis on the historical data for a particular instrument (6S, in this case).
The information towards the top of the panel is for all of the gaps for that instrument, whereas the data towards the bottom shows statistics for todays gap.
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Price and How to Order
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To Order:
Important Payment will be made to Media Netrix Limited the parent company of MN Trading Systems.
