Mt4 Probability Meter
Apr 17, 2010. Forex Probability Meter V2.0 MT4 EA Signal Software for sale. MT4, MT5, Dashboard, EA, Indy, alert, filters to your strategy, news events filter, time sessions, special trailings. I will make your project become true!
BigMarkUK;58738: So how are you getting on with this, I find it only gives me the signs at the end of a trend Which time frames are u trading. I have good luck with the Meter it is great for scalping and day trading. I usually enter a trade at 70-75% on the 1 or 5 min charts. And get some pips. Also it is a good idea to know where and what levels the trend is heading.
Example: Murrey math lines are good for knowing what levels the trend is. Also cam lines and SDX are good indicators to have on your chart along with the Probability Meter. I have attached these indicators and pdf manuals on how to use them He has great success with it. Also if you scalp always scalp with the long term trend like the daily or weekley scapl on dips. Fxtrading24: Which time frames are u trading. I have good luck with the Meter it is great for scalping and day trading.
I usually enter a trade at 70-75% on the 1 or 5 min charts. And get some pips.
Also it is a good idea to know where and what levels the trend is heading. Example: Murrey math lines are good for knowing what levels the trend is. Also cam lines and SDX are good indicators to have on your chart along with the Probability Meter. I have attached these indicators and pdf manuals on how to use them Hope this helps Also here is a log of a trader that uses this meter He has great success with it. Also if you scalp always scalp with the long term trend like the daily or weekley scapl on dips.
Hi, firstly thanks a lot for the above, may I ask what pairs you are using the above on? And yes I am aware of that trader, it is he who got me interested in it, amazing results Thanks.
Here is a good example of how important Murrey Math lines are: as you can see it hit the 2/8 and is reversing. So you might have a good sell signal from the Probability Meter but you would have to wait for a breakout of the 2/8 murrey math line. And as you can see it broke through the yellow sdx with no problem. So a break out of the sdx usually means a strong trend. And then it broke through the 3/8 murruey math line with no problem.
Also I includid the signal bars indicator, this is from the same author as the Probability Meter, You can see it in the right hand upper part of my chart. Sweet_Pip: That's sweet! I've been demo trading using camarilla points with the ADX indicator for the past month or so and have been having pretty good results daytrading on the 1HR targeting 15-30 pips per trade on any pair.
With vacations & socializing over summer, I think I'll keep practicing this until Fall and if the success continues, I'll take it Live! Thanks for the indicators.will check them out!
You are welcome and you are going about it the right way. Keep trading a demo untill you are ready. So many new traders jump right in and loose money, there will allways be trades. Going live does tend to bring out emotions, panic, over trading and so on. The best thing is to trade your demo as if it were real money.
5NITRO+ MT4 Indicator 5NITRO+ MT4 Indicator - New Metatrader 4 Builds 1010 to 1090+ October 03, 2017 - A full breakdown of each 5N+ meter component, graphic, time frame coefficient, along with deconstruction of the point system is now provided at the page titled Many of these new features listed below in the changelog are also expanded at this page providing additional information, explanation, and some more insight into the added benefits they bring to logical, high probability trading. 6NITRO+ upgrade for MT4 Builds 1090+ September 15, 2017 - The New 6N+ Upgrade for MT4 Builds 1090+ is being coded. Special download links will be made available to most customers of NITRO+ 2NITRO+ 3NITRO+ 4NITRO+ and 5NITRO+ dating back to December 2010. This site along with will be updated on the day to indicate new download links are available. Once 6N+ is available for new purchases, there will be new download buttons to do so in 20+ locations all throughout the site labeled 'DOWNLOAD 6NITRO+.' In addition, 5NITRO+ will no longer be available.
*Please Note: 6NITRO+ 6.00 (6N+) for MetaTrader 4 (MT4) will require a password from each user and will be limited to three (3) simultaneous machines. One or all of these machines may be a VPS. Epson Dx8400 Reset Software Download. 7NITRO+ upgrade for MT5 Builds 1570 to 1596+ September 22, 2017 - The New 7N+ Upgrade for MT5 Builds 1570 to 1596+ is being coded.
Special download links will be made available to most customers of NITRO+ 2NITRO+ 3NITRO+ 4NITRO+ and 5NITRO+ dating back to December 2010. This site along with will be updated on the day to indicate coding is complete and new download links are available. Once 7N+ is available for new purchases, there will be new download buttons to do so in 20+ locations all throughout the site labeled 'DOWNLOAD 7NITRO+' Both - In the future once the 7N+ MT5 version is made available, MT4 + MT5 versions will be sold and supported simultaneously for a period of time. At least until MT5 reaches critical mass which is looking like 2018-2019.
Well actually, however much longer the combination of myself personally, along w/ my brother, using both or either platforms adding up to both platforms being used. Will be the precise amount of time. Versioning - Beginning today as we look forward towards future products and so therefore starting w/ 6N+, all even numbered versions will correspond to MetaTrader 4 (MT4). All odd numbered versions will correspond to MetaTrader 5 (MT5): 5NITRO+ for MT4 (current) 6NITRO+ for MT4 (in progress) 7NITRO+ for MT5 (in progress) 8NITRO+ for MT4 (possibly) 9NITRO+ for MT5 (probable) *Please Note: 7NITRO+ 7.00 (7N+) for MetaTrader 5 (MT5) will require a password from each user and will be limited to three (3) simultaneous machines. One or all of these machines may be a VPS. Download Direct Version of Metatrader 4 Demo - No Broker Affiliation - Build 1010-1090+ Download from Use Trade Server: demo.metaquotes.net:443 When downloading, be sure to first select 'MetaTrader 4'.
Be sure your download link includes 'mt4' and 'mt4setup.exe' in the extended URL. Instructions and illustrations are included here on the. Lego Batman 2 Nds Rom Download here. This page also includes additional, non-expiring MT4 Demo options from brokers like offering more than 200+ instruments including a glut of Forex, Commodities, CFDs, Futures, Bonds, Bund, BitCoin/LiteCoin 5NITRO+ MT4 Indicator - New Features: [SS Box] Strength component has improved with double the calculation providing greater precision and a wider timerange analysis. There are now two (2) strength outputs representing both a longer prevailing view along with a more recent lookback.
And more importantly, the calculation formula differentiates these distinctly-different ranges of analysis within the global point system. So in addition to the legacy 48 Bar lookback from previous meters, a 24 Bar lookback has been added and is displayed to the right. The longer 48 Bar lookback comprises 57% of the total strength component weight, while the 24 Bar lookback comprises 43%. Accordingly then, an extra 4 points or 5.5% of the total GLOBAL% has been given to Strength. Remember because there are a total of 200 actual percentage points, 100 long and 100 short, this equates to 2.25 additional points for each trend direction.
These additional 4 points were stolen from the Bottom 4 Boxes (4Box), 1 point from each box leaving them now with 3 points each. A user input for both of these strength lookbacks has now been added to this 5th version. The actual time frame from which the strengths are measured from is non-linearly higher when the meter is loaded on lesser time frames. This skew towards using higher time frames generally decreases as the time frame in which 5N+ is loaded on increases. A complete and detailed breakdown of each time frame used for measurements for each component dependent on which time frame the meter is loaded or selected by the user is provided within the 5N+ Formula Page linked at the preface above. View most recent strengths as of right now in a new tab on. Once there, choose your Time Frame and each of the eight (8) Major Currencies you would like to display strengths of.
More info as it relates to a possible FLOW+ Currency Strength Meter On/Off option for MT4 added to 6NITRO+ or 7NITRO+ or 8NITRO+ are also included on this page. This Forex strength meter is an Adobe Flash application. Make sure you have the Flash or Pepper Flash plugin turned on or enabled. Time Frames can now be chosen by the User. In previous MT4 Beta builds, there was indication that all of these time frames would be offered like in MT5.
They took them away. The options were left in 3N+ 4N+ 5N+ though. Although there is no actual History to pull from, selecting non-standard time frames such as M12 will allow the User to fine tune the meter to suit.
For example, a User can choose M12 from the drop down menu if they desire to quicken up the response when loaded on a M15 chart. These time frame options will also now give the ability to add multiple meters on the same chart of the same pair, but with slightly different weightings within the formulas.
For example when loaded on a M15 chart, a User can choose to display 5 meters, M10, M12, M15(current) M20 and M30. For reference when a non-standard time frame is chosen such as M4, the meter will consider the closest, higher time frame as the current. So for the MACD Box, M5 will be used when loaded on M4.
M15 will be used when loaded on M12. The TITAN3 weightings are slightly changed for each. So instead of there being a large jump in the 'center of time' when switching from H4 to D1 for example, there are now more gradual and 'in between' weightings available by being able to select H6, H8, H12. The following time frames can be chosen in the drop down list within the 5NITRO+ settings: M1 M2 M3 M4 M5 M6 M10 M12 M15 M20 M30 H1 H2 H3 H4 H6 H8 H12 D1 W1 MN and CURRENT Choice of 'Time Outlook' Response Mode has been added to the 4N+ and then 5N+ Upgrades. The User now has a choice of -extended- Time Outlook which is default, or -reduced- Time Outlook. -Reduced- will lower the overall center of time by about 0.40 to 1.1 time frames depending on time frame loaded or time frame chosen by the user for the meter to calculate from the 'Time Frame' drop down list within the Settings Box.
This will serve to 'quicken' up the response and allow Users to more better fine tune the meter to meet unique hold times and unique take profit goals that may be shorter and less. The default -extended- Time Outlook selection retains the meter's default focus on the prevailing high probability trends from higher time frames and keeps it less susceptible to market noise and micro trends. There is an indication on all display modes noting which Time Outlook you have chosen, either -extended- or -reduced. Extended Time Outlook displays two (2) bars within the Copyright area and Reduced Time Outlook only displays one (1) bar.
TITAN II™ has been upgraded to TITAN III™ Bollinger Bands and Money Flow Index were added to TITAN III. TITAN III is abbreviated on the meter as T3. It is also sometimes stylized within this site as TITAN3. MACD and Moving Average of Oscillator were removed for the new T3, but were moved to the bottom 4Box. Therefore, they both inherit 4.1% weight each. This new Moving Average of Oscillator is abbreviated as OsMA The Bottom 4Boxes have been improved.
MACD and OsMA have replaced Money Flow Index and DeMarker Version One. Money Flow Index, abbreviated as MFI, has moved to the TITAN3 formula while DeMarker Version 2 retains its previously held slot. MACD is the top box which uses the current time frame. OsMA uses higher time frames or the current time frame dependent on which time frame the meter is loaded on. Identical then to the existing and unchanged Relative Vigor Index (RVI) and Awesome Oscillator (AO) below it New Data Integrity Safety Feature: 5N+ More Data Needed [.] notification is displayed on the chart instead of the actual meter when there are less than (150) bars in your History Center from any of the time frames needed for calculation. Remember, 5N+ needs up to six (6) adjacent time frames worth of history in addition to the current time frame you have loaded it on. '5N+ More Data Needed [.]' will display while data is being downloaded and will be replaced with the actual meter when all 150 bars worth of data from each needed time frame is finished downloading.
Take note however that the meter is not fully initialized until all bars, above and beyond the 150 needed, have been downloaded. So if your Metatrader platform settings are configured with 50 000 bars, all 50 000 or the max available need to be downloaded first. This history populating process is given the priority over indicators performing calculations because it would be unknown to the platform specifically how many bars will actually be needed by the indicator and from which time frames. '5N+ More Data Needed [.]' will persist sometimes on Monthly charts with some Brokers or Futures that do not provide enough history. In this case, 5N+ cannot be used on this time frame.
This new notification system is a Safety Feature ensuring Data Integrity. Previous versions of NITRO+ would still be allowed to function even without enough bars in chart.
In these events, the entire output of the meter was compromised. Number of Bars made available in your History Center dependent on your Broker. Third parties can be a source of extra bars by clicking 'Download' in your History Center. An Overbought, Oversold dot matriXx™ Feature has been added.
This now makes 5NITRO+ a truly full spectrum tool by allowing it to also provide 'Exiting Relativity'. Instantly, with a glance. As with the underlying meter itself, this new component is also intended to provide the user with a quick visual aggregation. And likewise, it is not necessarily the calculated result of any individual indicator comprising the matriXx component as a whole that is decision influential. It is the total number of blocks agreeing and thus illuminated in unison at any given moment that should help guide our high probability decisions.
The matriXx is comprised of ADX, RSI, MFI, CCI, STOCH, and WPR. These six (6) popular OBOS indications monitor both the current time frame and one time frame higher. This brings the total number of blocks to 12. The User can adjust the High + Low Limits for these OBOS Indicators along with on / off colors.
While a popular belief may be that these matriXx blocks would only illuminate at extreme levels such as >90% as an area to begin thinking about taking some profit, they can also be helpful to alert good opportunities of adding-to positions on retracements or replacing units on retracements that had their Take Profits cleared. For example when in the midst of a prevailing increased probability up trend, the matriXx dots will often illuminate indicating 'Possibly Oversold' whenever price retreats dropping the 5N+ GLOBAL% from say 94% down to 43% momentarily before ideally bouncing back up to retest recent highs and possibly continuing even higher. Offline Charts such as Renko + Tick Utilities. Also Period_Converter Script Compliant. The programmer has coded in support for Offline Charts. This has always been a commonly requested feature.
Flipping the switch to -true- for Offline Charts will allow 5NITRO+ to function with tools like Renko and Tick Charts that function Offline. It will then also allow it to function when using the now supplied Script, 'PeriodConverter', to generate History for non-standard time frames like M2 M3 M4 M6 M10 M12 M20 H2 H3 H6 H8 H12. For example when loaded on an M3 Offline Chart, 5NITRO+ will be able to use M3 data all throughout the formula instead of using M5 as an avatar for current. Odd time frames such as 8 minutes or 22 hours are non-compliant with this new Offline Chart feature.
If your Offline Chart utility is not creating the new periodicities M2 M3 M4 M6 M10 M12 M20 H2 H3 H6 H8 H12, then 5NITRO+ cannot function properly. If the utility is not capable of producing any of these popular time frames, then 5N+ cannot function with that utility.
NOTE: Only create new data for periodicities listed here: M2 M3 M4 M6 M10 M12 M20 H2 H3 H6 H8 H12 NOTE: You cannot create odd periodicities like M7 M9 M13 M27, M43, M71, H5, H17, H53, D18. And expect the meter to function properly. NOTE: Confirm that you have turned -ON- the New 'Offline Charts' feature within 5N+. NOTE: If you do not see the standard 'Time Frame' displayed anywhere on the meter, it is not functioning correctly.
Your settings are wrong. NOTE: If your Offline chart does not state M1 M2 M3 M4 M5 M6 M10 M12 M15 M20 M30 H1 H2 H3 H4 H6 H8 H12 D1 W1 MN to the upper left corner within your chart above the One Click Panel or on the window title bar, 5N+ is not functioning properly. Your configuration with the Offline chart utility is wrong. Or, your 5N+ settings are wrong. Improved Organization of the Newly Expanded Settings UI. Although the level of control over nearly every aspect of the meter has increased, the sheer amount of different settings adjustments can be overwhelming at first. The New 3NITRO+ has proven this already with Users.
4NITRO+ and 5NITRO+ provide 20% to 25% more control and options over 3N+. Which provides about 33% more than N+509 and N+. It is no different than when we unbox a new Smart Phone. It may take a few uses or just spending some time 'messing around' with them to become fluent and know where the settings are located and the result of changing them. The meter will not break or get worn out by flipping the different switches On or Off as a means to learn. Quick and Easy Settings Selections with New Drop-Down List Styles. These new drop-down lists allowed for the entire Settings Box to be completely restructured.
This new capability introduced by Metaquotes with these new 600+ Builds is really what allowed the increase of total user adjustments by about 70% because of the ability now for natural language and actual organization. Some may notice that the Settings UI of many MT4 Indicators, even the proclaimed 'ALL NEW!'
, are still a mess and stuck using the old legacy protocols. Well, this is because it is necessary to compile all code using the 'Strict' protocol which leaves very little room for coding errors or mixing of new language with legacy.
Time was taken here to follow Strict Protocol. In other words, the original NITRO+ probability meter code was virtually re-engineered. In the process, more efficiencies were gained allowing even more brute calculations per each new tick. This in turn created more stability or less 'jumpiness' compared to the original and 2nd NITRO+ even during fast markets. It does not rely on the 509 Compatibility Engine to function as do 90% of all MT4 Indicators currently in existence. Granted this percentage declines every day as new indicators are created and old are rewritten. This not only reduces the resource load on your PC and makes it less susceptible to new upcoming builds breaking its functionality by surprise as you begin your trading day, but this also creates a solid coding foundation.
More Upgraded Display Modes for a Total of Sixteen (16) including additional quick-selection modes that match the OneClick Panel in size. These sixteen (16) Display Modes can be quickly chosen from the new drop-down list selection style. Additional, upgraded solid backgrounds have been added as an option for all modes. Please Note: Border options for numerous objects such as the new background are: flat, raised, sunken. So be aware that we are aware there is a glitch within the MT4 enumeration in which the sunken option is called 'non-dynamic pointer'.
This is a Metaquotes issue that continues to go unnoticed or fixed. Also make note that color of these new backgrounds and all objects we provide border adjustment for need to have one RGB value >=31 or else MT4 will automatically paint the borders white for some odd reason. I guess it is proactive to prevent the lack of contrast causing visibility issues. NOTE: Metaquotes somewhere in a new build now has added 'variable width' to the One Click Trading Panel / Price Display to the upper left corner. NOTE: To fix any overlap caused by these new One Click Panels that have increased in overall height, simply move the meter(s) lower by adding a few Y pixels and then resave the template. NOTE: 6NITRO+ Upgrade will fix any issues and will be provided free as always to all customers dating back to 2010.
GLOBAL% Has Been Added to MessageBox Alert Output. The programmer also added the ability for the Audible Alert to output to the Terminal Experts today. This will allow text output into Terminal along with ability for unique wav file and ability to turn off the MessageBox entirely while still retaining a running log. Because of how the meter handles Alerts, this now allows a running log to be kept in the MessageBox and/or in Terminal Experts. 5N+ triggers the Alert the first time it is hit.
Then, it will keep alerting at the end of every bar close as long as GLOBAL% continues to be greater than your selected level. Users of 5N+ have been creating a Template with all of the Symbols they trade loaded on either a M1 or M5 chart and the Alert Trigger set to 0.0% along with the actual time frame they wish to calculate, such as M30. They then minimize and hide this chart. So now in their Experts log below or detached to a separate monitor out of the way, they have a running history log of Each Symbol, GLOBAL%, Time and Price that updates every 1 or 5 minutes or whichever frequency the User wants. It can be helpful to increase frequency before upcoming major economic reports of higher time frame calculations such as M30 or H1 to an M1 chart, as examples.
Visual 'NITRO Mode' Alert Triggers are Now Adjustable along with the 6Box Column's Neutral Trend Illumination The User can now set the levels at which both the GLOBAL% and TITAN3 Vertical 'NITRO Mode' Action Bars light up. Default is of course 50% and 75. The TITAN3 Visual Alert Trigger also controls when the bottom 4Box illuminations are overridden or inherited by the 'Neutral Trend' or 'Opposite Trend' bias of the very top box. Current default Neutral Trend of the Bottom 4Boxes is T3>75. What does this mean?
Each of the bottom 4Boxes have 3 output possibilities. These boxes result in 'Up Trend', 'Down Trend', or 'No Clear Trend Direction' and are illuminated accordingly with 'No Clear Trend Direction' displaying a neutral grey color and anti-arrows. But, if the very top box which is the integrated MTF 20 indicator aggregate called TITAN3 is less than the default 75 or your chosen 'Visual Alert' level for T3, then the bottom 4Boxes will illuminate as a neutral grey color regardless of each box's finding and output. Although the calculated values of the bottom 4Boxes still carry weight and are not diminished within the overall ultimate GLOBAL% of the entire meter, the visual influence of these bottom 4Boxes is diminished. In other words, the bottom 4Boxes are only allowed to give their 'visual' opinion if and only if that opinion agrees with the 'leader' of that entire 6Box column.
The leader of the 6Box column is TITAN3 abbreviated as T3 and is the very top box. New ClearChart 2™ Heiken Ashi Smoothed MT4 Indicator was included with 4NITRO+ and 5NITRO+ Upgrades Thirty-Five (35) New Templates were included with 4NITRO+ Upgrade Fifty-Five (55) New Templates were included with 5NITRO+ Upgrade. © Copyright 2010-2016 MEGA+WYFX - United States of America::: Website Design Bradley T. @wyfxco::: All Software is Proprietary. We Reserve Intellectual Property Rights. Resell Rights Are Not Granted for Any Product. Distribution of Any Product Here is Prohibited.
We Actively and Aggressively Pursue All DMCA Rights Granted to Us. No Refunds Granted for Any Reason. We Do Not Sell Magic::: We Do Not sell software that will transform bad traders into good traders. We Do Not sell systems. We sell MT4 Indicators software that calculates and displays aggregated information from multiple time frames. Software here not intended to be sole source of decision making information.
Perceived positive results in educational illustrations throughout site not typical. Price movement and the resulting price charts in illustrative videos throughout site not indicative or typical of all price movement that will occur in future. 'Typical' Does Not Exist. Markets are not pre-programmed as video games are.
Markets are Random. The Default DPI of 100% within Windows Display Settings is required for most graphic heavy software to display correctly within Metatrader 4.
Users will not be sent any software upgrades if it is discovered that any of the Purchase and Distribution Policy has been breached. This includes any upgrades or updates whether proactive, as a courtesy, or that are functionally necessary due to new platform builds. If you have not received scheduled upgrades and feel this decision is errant, evidence of the violation or violations may be provided to you upon request. 5NITRO+, 5NITRO+Lo, 6NITRO+, 6NITRO+Lo © Copyright 2010-2016 MEGA+WYFX. The Names Metatrader and MT4 along with the Metatrader Logo © Copyright Metaquotes Software Corp.