Chartered Market Technician Level 3
This is the third level of the Chartered Market Technician program, administered by the Accreditation Committee of the Market Technicians Association (MTA). Its purpose is to promote the development of a candidate's professional knowledge with respects to the field of technical analysis. Three exam levels must be completed successfully and an individual must agree to adhere to the MTA Code of Ethics before CMT certification will be awarded. At this stage the candidate should be proficient in analyzing charts and technical data and forming their own research opinion, portfolio strategies and trading decisions.
Click here for CMT level I and II
|Time Limit:||4 hours|
|Number of Questions:||Essay questions totaling 240 points|
|Passing Score:||70% on ethics|
|Format:||Essay questions - independent questions with sub-questions|
|Prerequisites:||CMT level 1|
|Exam Date(s):||Twice a year in April/May and October|
|Exam Locations:||Worldwide at Prometric Testing Centers. To locate a test center near you visit the Prometric Website: https://www.prometric.com/en-us/for-test-takers/Pages/locate-a-test-center.aspx?Type=locate|
|Offical Exam Website:||http://www.mta.org|
Exam Topic Weights
The MTA website states that the Level 3 exam requires the candidate to analyze case studies, and make and justify recommendations based on data provided. The primary focus of the exam is the practical and ethical application and integration of technical analysis.
CMT program is self-study, so be sure to follow the required readings for each level.
For a complete list of exam topics, refer to the MTAs Reading List (In PDF).
You cannot choose to write both the research paper and the exam, you must choose one. If you choose to write a research paper, you must demonstrate your ability to integrate what you have learned in levels 1 and 2 with actual data analysis. If the peer review panel of the MTA Accreditation Committee reviewing your paper passes you, your paper could be published in the MTA's Journal of Technical Analysis.