Summary: Identifying Trading Opportunities

This checklist summarizes the detailed explanation above.

Type the symbol and time- or tick-base to be examined into a MESA page.

Look at the MESA Spectrum study’s line graph to measure the dominant cycle.

Look in MESA Spectrum’s main study window for signs of consistent cyclic activity over a half-cycle of the dominant cycle.

Adjust the time- or tick-base and repeat as necessary to find the best spectral indications.

Verify cyclic activity using the MESA Phase study: look for a saw-tooth pattern.

Verify cyclic or trending activity using the MESA Trend line.

If the studies’ indications are positive, back-test the prediction to confirm that the predicted turning point is consistent, and if it is, use the prediction to identify an entry point, a likely exit level, and stops.

If the indications are negative, try a different time- or tick-base or a different symbol, or wait until they are positive.