Last Updated: Sep 02, 2026
No. of Questions: 409 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Advanced Techniques | 26% | - Statistical and Quantitative Analysis - Volatility Analysis - Risk Management Basics - Systematic Trading Methods - Cross-Asset Analysis |
| Topic 2: Ethics and Professional Standards | 3% | - Code of Ethics and Standards of Professional Conduct |
| Topic 3: Classical Techniques | 33% | - Cycles and Seasonality - Technical Indicators - Chart Types and Construction - Chart Pattern Analysis - Trend Analysis |
| Topic 4: Theory and History | 38% | - Evolution of Technical Analysis - Key Concepts and Terminology - Behavioral Finance and Market Principles |
Question 1
Identify the following "Double-Three" combination pattern as per the Elliott Wave Theory (Chart showing W- X-Y structure):
A. Flat, zigzag, zigzag
B. Zigzag, flat, zigzag
C. Zigzag, flat, flat
D. Zigzag, zigzag, flat
Question 2
Identify the point & figure pattern highlighted below (top right chart in PDF context showing a flat top breakout):
A. Quadruple top buy
B. Upside breakout of an ascending triangle
C. Upside breakout of a descending triangle
D. Upside breakout of a symmetrical triangle
Question 3
Dan Montier, a CMT Level 1 candidate, created a proprietary trading model that relies on daily last hour volume of a stock. The exact details of the model weren't disclosed to clients, but the general formulation of the model was disclosed along with simulated results of trading as if the model had been in effect for the past
5 years. The model produced profitable simulated results and Montier was able to attract several clients. His assistant discovered an error in the coding of the model and when the error was corrected the simulated results were not nearly as profitable. Montier corrected the coding of the model, but decided against informing his clients of the error. With respect to the MTA Code of Ethics, Montier's actions are:
A. In violation as the statements made about the simulated results were inaccurate and misleading
B. Not in violation, as he is only a Level 1 candidate and is not bound by the Code
C. In violation as presenting simulated results of a model are prohibited by the Code
D. Not in violation, as the error only affected simulated results
Question 4
Which of the following is CORRECT regarding the shooting star candlestick pattern?
A. It is more bearish than the evening star pattern
B. The lack of a rising window makes the pattern more bearish
C. It is more bearish than the engulfing pattern
D. The color of the real body is important
Question 5
Which of the following would MOST likely be a continuation pattern?
A. Engulfing pattern
B. Head and shoulders
C. Flag
D. Double bottom
Solutions:
| Question 1 Answer: D | Question 2 Answer: B | Question 3 Answer: A | Question 4 Answer: B | Question 5 Answer: C |
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