Townsend Analytics Adds Risk/Reward Trading with Elliott Wave to RealTick® Trading Tools

Share Article

MTPredictorÂ? RT 4.0 helps traders determine what to trade, which trades are worth the risk, how much to risk, and how to manage the selected trades

The ultimate goal of trading is to increase both the size and frequency of winning trades. RealTick ( now offers a tested and proven add-on to its direct-access trading software that promises to do just that.

The new MTPredictor RT 4.0 helps traders to identify trades, assess trade risk, determine position size and manage their exit strategy--all in real time. This Elliott Wave-based software uses an exclusive “Isolation Approach™” to identify likely areas of price reversals that lead to low risk/high reward trades. Using streaming, real-time data from RealTick, it identifies complete trade set-ups the instant they unfold and displays them with full set-up, risk/reward and trade management analysis.

Already hailed by leading industry publications as “a sound and complete system for trading, “easy to use,” and “the best in its class for overall value,” MTPredictor expects to gain both private and institutional customers through its availability on the internationally acclaimed RealTick platform. And current RT 4.0 customers now have a greater choice of brokers.

“The RealTick interface is rock solid, the data is fast and clean, and the large number of brokers supporting RealTick gives RT 4.0 traders a seriously better choice than before,” states MTPredictor Director of Sales & Marketing Tony Beckwith.

“We're pleased to be able to offer a tool that combines the best of the Elliot Wave technique with ease of use,” says Rustam Lam, Managing Director for TAL Europe. “And like RealTick, MTPredictor is a multi-asset class program that works for stocks, futures and forex,” Lam adds.

RealTick from Townsend Analytics delivers a wide range of North American and European trading-quality market data for multiple asset classes, unlimited depth of book, advanced research and analytical tools, risk and account management tools, as well as direct trading connectivity to major pools of liquidity such as listed exchanges in the U.S. and overseas, ECNs and broker-specific destinations.

Euromoney magazine’s Financial Software User Survey recently ranked Townsend Analytics highly in several categories, including Overall Cross-Category, Market Data Provider, FX & Derivatives, and Cash Positioning. Townsend Analytics garnered the highest combined score for Overall Cross-Category and Market Data Provider.

Note to Press:

The most basic tenet of Elliott Wave Theory is that market movements are based on crowd behavior, which is seen as predictable given similar situations. Creator R.N. Elliott showed that these movements occur in a series of impulse and corrective waves.

About RealTick®

RealTick, created by Townsend Analytics, is the electronic trading industry’s premier direct-access research and trading software. RealTick delivers real-time market data, news and analytics; sophisticated trading tools; unrivaled access to exchanges and ECNs; and risk management tools to institutions, broker-dealers and individual investors. RealTick’s advanced technical design is supported by state-of-the-art data centers and a redundant network for market data and orders. For more information, visit

*RealTick is a registered trademark of Townsend Analytics, Ltd.

About Townsend Analytics, Ltd. (TAL)

Townsend Analytics has been changing the way the world trades since 1985. The Chicago-based company created many technology innovations that are now considered standards in the financial services industry. These include the first real-time financial software under Microsoft Windows®; the first product to provide real-time streaming data over the Internet; the first integrated solution for NASDAQ trading rooms; and the first Windows-based direct-access trading solution. Townsend Analytics also developed Archipelago and the Archipelago Exchange, the nation’s first all-electronic, fully open exchange. The firm has engineered direct-access solutions for money managers, asset managers, hedge funds and mutual funds worldwide. For more information, visit

About MTPredictor Ltd.

MTPredictor develops and offers its real-time and end-of-day trading software range to individual traders and investors, money managers, hedge funds and professional stockbrokers. MTPredictor is headquartered in Bristol, England, United Kingdom. Additional information about MTPredictor and the company management can be found online at:

U.S. Contacts:

Mike Felix

Townsend Analytics

(312) 442-8605

Matt Bowen

MTPredictor Ltd. (US)

(440) 238-0072

Anne Aldrich

For Townsend Analytics

(312) 787-1642

European Contacts:

Rustam Lam

TAL Europe

+44 (0)20 7877 0091

Tony Beckwith

MTPredictor Ltd. (head office)

+44 (0)20 8977 6191


Share article on social media or email:

View article via:

Pdf Print

Contact Author

Tony Beckwith