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Forex Probability Meter Indicator

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Forex Probability Meter Indicator Average ratng: 3,3/5 1068reviews

How Does 5NITRO+ Work? 5NITRO+ calculates the most data + most parameters of any Metatrader Indicator or EA ever INFORMATION 5NITRO+ Provides Us Information about the trend direction, trend strength, trend momentum, and trend overbought/oversold levels.

Or simply, is constantly supplying us with possible inertia based opportunities in real time. When this inertia begins to show signs of faltering, it then suggests possible profit taking opportunities. 5N+ arrives at these possible opportunity conclusions by dynamically calculating, dynamically aggregating, and then dynamically displaying this abundant data all in real time as each new tick comes in. The meter is ultimately outputting: Net percentage of the 24+2 different indicators, strength measurements, and breaches of support & resistance across up to seven variably-weighted time frames all agree with the same binary direction bias of Long or Short.

Or as is the case with the new matriXx ‘maybe take some profit’ feature all agree with a similar binary bias of a overbought or oversold condition. Because it uniquely uses additional data from additional time frames, this gives us up to one hundred forty-six total parameters in reaching the ultimate ‘Global Percentage’. This Global Percentage is the large, main number preceding the% sign on all display modes. 200 Percentage Points Possible As broken down and illustrated on under the sub heading ‘NITRO Mode’, there are 200 of these Global Percentage points possible. 100 points Short and 100 points Long. Or rather, 100 points negative and 100 points positive.

The global result in percent (%) is calculated with a strong formula according to a combination of price action, 13 standard indicators on 7 timeframes and 2 additional indicators. Your 2 preferred mq4 trend indicators will be coded inside your personal Probability Meter. Ferru's probability meter is a tool that doesn't require.

The large, main Trend Arrow accompanying the Global Percentage on all display modes represents the general trend direction bias of either Long or Short with 0.0% acting as the centerline. Generally, pushing through 50% in either direction tends to act as an indication of possible inertia-based opportunities. Such as, trading methods rooted-in or giving a higher degree of influence to momentum. Generally, this large area of percentage points from negative (Short) 49.9% to positive (Long) 49.9% tends to act as an indication for a neutral or sideways or choppy trend bias. Or rather, lesser inertia-based opportunities are currently present.

Summary: 5N+ dynamically-aggregates up to 146 parameters calculated from up to 7 variably-weighted multiple time frames Instant Relativity Regardless of methods and strategies, users begin to learn over time the nuances of all percentage point ranges and how to best apply in different price action situations. These percentage point ranges and their accompanying visual cues combine to begin providing instant relativity in a much clearer and simpler manner than what charts can often accomplish by themselves.

This ‘instant relativity’ aspect becomes apparent and even more valuable when trading from a large selection of instruments available in our Market Watch Window or using any as correlated leading indications. An example of this constant relativity can be witnessed when using global equity indices such as DAX, CAC, NIKKEI, S&P500 as leading indications for certain Yen Pairs such as GBPJPY. 5N+ provides relatively identical visual output and relatively identical percentage outputs whenever any are exhibiting certain similar strength and momentum properties or matching similar criteria in and around support and resistance levels. Once positive correlation has been previously established, these visual cues and percentage outputs from one instrument can then be used as a leading effect in real time to expect similar in the lagging.

Or at the least, expect an increased probability for the similar-type action to occur. Pick-a-Size Match your display setup and availability by selecting different options. If screen real estate is scarce, or if you wish to view many meters on one chart showing additional pairs or additional time frames of the same pair, there are eight options allowing only the display of this ultimate Global Percentage + Trend Arrow. MatriXx along with Symbol, Price, and matriXx are turned On or Off in all display modes either through an On / Off switch or by choosing a specific display option. • if SMA(3) is above SMMA(150) then a +1 point is given • if SMA(3) is below SMMA(150) then a -1 point is given • Period (3), (150) • Worth 2.96% of the total Global Percentage% TITAN III – Points Based Time Frame Weightings: As described in detail further above, three of the new features have a direct effect on the point system of the TITAN III formula. These new features and their effects are differentiated by their labels in the screenshots below of our formula workpad. 5NITRO+ Loaded on M1 Chart or M1 Selected by User to Calculate: 5NITRO+ Loaded on M2 Offline Chart or M2 Selected by User to Calculate: 5NITRO+ Loaded on M3 Offline Chart or M3 Selected by User to Calculate: 5NITRO+ Loaded on M4 Offline Chart or M4 Selected by User to Calculate: *This picture below of our working workpad shows incorrect weightings for the [ Reduced] Offline column to the very right.

The M4 POINTS and M5 POINTS should be switched. The actual formula in the MQL4 code gives 2 POINTS to the M5 timeframe and 1 POINTS to the M4 timeframe. • if AO is above 0.00005 AND is increasing then a +1 point is given • if AO is below -0.00005 AND is decreasing then a -1 point is given • if both criteria are not met in either trend direction then a zero 0 point is given indicating no clear trend direction • Worth 4.1% of the total Global Percentage% MACD Box – Time Frames Calculated: Bottom 3Boxes – Time Frames Calculated: OBOS dot matriXx™ The twelve (12) matriXx dots represent possible Overbought or Oversold levels.

When these dots illuminate, this may be an indication to begin to think about taking some profit. With possible OBOS price action, and thus visual indication from the matriXx dots, also brings possible upcoming turning points.

These (12) dots are comprised of (6) separate individual indicators being ADX, CCI, MFI, RSI, STOCH, and WPR. The calculations are taken from 2 separate time frames. These dots illuminating can also present opportunities to add-to or replace units on retracements from meter readings that exceed 80% to 85%.

For Example: when a momentary normal and healthy retracement causes the meter to briefly drop down to 45% after previously reaching a recent high greater than 80% to 85%. Each OBOS High and Low limits can be adjusted by the User along with color of illumination and non-illumination.

Aggregate, Not Individual These twelve (12) matriXx blocks are intended to be analyzed in aggregate as a whole. They are not intended to be analyzed on an individual basis. These twelve (12) matriXx blocks are not intended to trigger decisions based on their individual illumination. As with all illustrations on this page that identify individual meter components, matriXx illustrations here are intended only to provide the user with familiarity of their tool. Becoming comfortable and familiar with one’s tool would be a reason for identifying individual matriXx blocks. If the user desires to adjust individual Indicator settings such as reducing RSI High Limit to 67 for example, this is possibly another reason to identify the individual blocks if settings confirmation is desired or deemed necessary. There should be no other reasons why identification of individual blocks would be necessary.

This is not what is intended for the matriXx blocks. This is not what is intended for the 5N+ tool.

The 5NITRO+ tool is based on the overall aggregation of hundreds of parameters guiding our decisions, not any singular Indicator from any singular time frame. The matriXx component is no different. In Other Words: It does not necessarily matter which matriXx block coincides with which underlying Indicator such as RSI or MFI (as shown in the illustrations below) or which particular time frame it is using. What is intended to matter is the percentage of blocks illuminated with the same color during any given rolling period of time. Further intended matriXx usage explanation provided in in reply to a Customer The matriXx legend illustration: *these matriXx dot positions illustrated above and below are flipped horizontally whenever a display configuration is chosen from the drop down list that has ‘left’ in the name The matriXx blocks are grouped into two sections #1 and #2 The section containing the #1 matriXx blocks generally contain calculations from the current time frame. The section containing the #2 matriXx blocks generally contain calculations from one time frame higher.

Though, this is not always the case because of non-standard time frame selection by the user already using a higher time frame for current if ‘Offline Charts’ option is turned Off. Whether a lesser or greater time frame is used for groups #1 or groups #2 also dependent on whether the Time Outlook setting is set to -reduced- or -extended.

Better terminology for group #1 matriXx blocks might be ‘primary’ with group #2 matriXx blocks being ‘secondary’. Though when both groups are displayed and viewed in aggregate, they are intended to carry equal weight and equal importance.

In addition as it relates to non-standard time frames being used when the ‘Offline Charts’ option is not also turned On, only one section of matriXx blocks is being used for two of these time frames. These time frames are M4 and M12. Further Explanation: When M4 is selected from the meter’s drop down list next to ‘Time Frame’ for it to calculate, M5 is used as the stand-in for the current time frame whenever a utility or script is not being used to create actual offline M4 data in the History Center. In this case, the ‘Offline Charts’ settings is turned Off. While with many of these non-standard time frame selections such as M20 or H2 we opted to use lesser time frames for the second group of matriXx blocks labeled with #2s, this was not done with M4 and M12. The ‘lesser time frame’ option is either too distant or does not add value.

As would be the case with M1 and the latter when the meter is told to calculate M4 when not in Offline mode. M4 Example: Again when M4 is chosen as the time frame for the meter to calculate, the meter is using M5 as current.

So, the #1 group of matriXx Indicators are calculating M5. Using M15 for the #2 group of matriXx Indicators would be too distant.

While it may actually seem then that M1 would be a viable choice for the #2 group, this would be true if that lesser time frame was not M1. The OBOS results using M1 have proven far too unreliable and almost meaningless because of the choppiness and noise. Therefore, M1 usage for matriXx was limited to only M1 M2 and M3. M12 Example: When M12 is chosen as the time frame for the meter to calculate, the meter is using M15 as current. So, the #1 group of matriXx Indicators are calculating M15. Using M5 or M30 for the #2 group of matriXx Indicators would be too distant both ways. An illustration of only the #1 group of matriXx blocks being used when loaded on M12: OBOS dot matriXx™ – Time Frames Calculated: Time Frames used for both #1 and #2 matriXx Indicator groups in the pop-up ullustration above dependent on which ‘Time frame’ is loaded or chosen by the user along with which ‘Time Outlook’ setting is chosen by the user.

The Six (6) Individual dot matriXx™ OBOS Indicators: RSI (Relative Strength Index) matriXx component. © 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.

5NITRO+ MT4 Indicator GO BACK October 03, 2017 - A full breakdown of each meter component is now provided at the page titled September 15, 2017 - The New 6N+ Upgrade for MT4 Builds 1090+ is being coded. September 22, 2017 - The New 7N+ Upgrade for MT5 is being coded.

5NITRO+ Forex MT4 Indicator for the New Metatrader Builds 1010 to 1090+ Dynamic MTF Forex, Commodity, CFD, Futures, Indices, Equity Indices, Bonds, Bunds, BitCoin, LiteCoin, Traditional Options 5NITRO+ is Pure Power No need to constantly monitor and then aggregate other chart time frames anymore. 5NITRO+ does this for you Up to seven (7) total time frames are calculated and then aggregated.

The median number of time frames used is five (5) All parameters compiled and globally aggregated into 1 single Up or Down arrow and large number. 5N+ is intended for intermediate to advanced Traders with multiple years of experience 5N+ is intended for intermediate to advanced Metatrader Users with multiple years of experience An education in the basics of Trading not included An education in the basics of Metatrader usage not included Parameters include Five (5) different Modes of Action mix: [1]Strength [2]Oscillator [3]Trend [4]Tick Volume [5]OBOS Most parameters used [up to 146] in Metatrader history including Strength.

Yet resource efficient. 5NITRO+ coded for London and New York sessions only 5NITRO+ requires the historically-normal volume and historically-normal volatility of the London and New York sessions to be reliable Add as many meters onto the same chart as you wish and change the symbol Change Time Frame for meter to calculate – M1 M2 M3 M4 M5 M6 M10 M12 M15 M20 M30 H1 H2 H3 H4 H6 H8 H12 D1 W1 MN Change Time Outlook of entire meter to either Extended or Reduced Now works with Offline Charts and Offline Chart Apps + Scripts (restrictions apply) New Overbought / Oversold indications added called matriXx. Provides exiting relativity. Suggests possible upcoming turning points Additional Strength period and output added for a total of two (2). Longer Lookback worth 57%.

Shorter Lookback worth 43% Strength Lookback periods are now adjustable Includes 5NITRO+Lo™ which changes chart orientation to any of the (Lo)wer indicator windows Move 5NITRO+ anywhere on the main chart. Move 5NITRO+Lo Forex Meter anywhere within the bottom indicator windows Change default placement to the Left Side of the chart. This creates a Horizontally Mirrored object arrangement Five (5) Display Modes: [1]Full Mode [2]Compact Mode [3]Super Compact Mode [4]OneClick – Small Font [5]OneClick – Large Font 5NITRO+ does not require special fonts to be obtained and installed as with other forex probability meter type tools. 5NITRO+ uses only fonts found in every version of Windows dating back to 2003 *Please Be Aware: The Default 96 DPI Display Scaling of 100% within Windows Display Settings is required for 5N+ and many other graphically intensive MT4 indicators to display properly. 5NITRO+ coded for use on the New Metatrader 4 Builds 600 to 1090+ Legacy NITRO+ Version for Builds.

*Results Not Typical, Price Action Not Typical. This video is of the previous version, older NITRO+ and created in 2011. NITRO+ and 5NITRO+ are not Forex Robots. They are not like FAP Turbo in any way. They are not EAs. NITRO+ is a Manual Trading Confirmation Indicator Tool for Metatrader.

The trades in the video are being entered manually and are being exited through Take Profit (TP) levels that were entered at the time of entry. Driver Wc15 Usb Pc Camera. The blue Take Profit lines/levels are actively managed directly on the chart with our own iDrag. IDrag is not included with your download. The ability to drag positions directly on the chart is now included with all Metatrader Platforms beginning Spring 2013, simply enable this in your MT4 Platform >Tools >Options >Charts. Large arrows on the chart clarifying the direction of the trend and when a market buy order is completed are for illustrative purposes only. What Happened Next to GBPUSD After the Video? Is Trading Here Actually an Epic Fail?

Direct MP4 Stream: Direct Download 98.3MB MP4 File This Website is Your 5NITRO+ Web Based, HTML User Manual. This Website is Your User Manual. All Instructions and Videos for use are contained on this site (HTML Based). An additional PDF document and additional ShockWave Flash Video Files are not included in the Zip File. The HTML Instructions here are continually updated, added-to, or re-focused as feedback is received from users. Exact trading instructions not included here on this site or with your purchase.

Use the information this tool provides as you see fit based on your own methodologies developed organically from your years of hard work and experience. Legacy PDF-Based User Manuals also do not allow us to include Supplemental Instructional Videos like we have now been able to include throughout your User Manual here on this site. Automatic Translation is now also possible utilizing the Google Translate Button at the top left corner of every page. Be sure to allow Cookies + Javascript to ensure your Language settings are saved. Supplemental Tool Tips, Captions, and Video Notes will also be translated. If after thoroughly researching this site prior to downloading you are unable to understand what these tools actually are or how you might be able to personally utilize them to supplement or improve your already-existing trading strategies, methods, and setups; it might be more ideal to Delay Downloading until the above = true. Or, you may contact us using, and one of us will try our best to help you ‘Visualize’ how you might be able to use something for whatever your trading plan and style may consist of.

Included in and with Your Instant Download 5NITRO+.ZIP. © 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. Ozzy Diary Of A Mad Men Rar on this page. 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.