Trading Brook's MTR in Forex

this method mtr can be very powerful.....the yellow line shows a double top and an mtr buy after a DT is an extremely high probability one.....
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mtr works well when there is clean swing market action occurring.....many times this is not so and you have to be aware of those...such a when the market is in a channel....in that case there must be clear break of the channel and then a retest after which the trade signal may be taken.
such as in this charts
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it is important to realise that the trend line break measures counter trend strength and there must be show of strength by the counter trend traders before any trade signal may be taken.
that is the principle on which this mtr is based and the strength of the trend line break will determine whether the trade signal will result in a scalp or a swing
 
area marked in red are also best avoided until you get clear swings....or go to a higher time frame and it may get a bit clearer see 2nd chart which shows the same two red areas on a larger time frame.
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