MT4 Forex Trading PREDICTIVE Custom Indicator
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Old 03-21-2008, 02:56 AM
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Default MT4 Forex Trading PREDICTIVE Custom Indicator

Hi all Forex Traders,

I am glad to show you the new tool I coded. The Probability Meter. This great tool will give you 100% confidence and trade without stress. No lines, no histograms to watch ...

Whatever your trading style, you always need to know if you trade in the right direction. The Probability Meter will show you not only the way but the strength of this direction.

After observing this tool, you will be able to define the end of the current trend and the start of the reverse. All the values will show you the way!!!

<--- Tiny or Standard Box --->

It can be used on any timeframes and on any of these 19 pairs:

EURUSD-GBPUSD-AUDUSD-USDJPY-USDCHF-USDCAD-EURJPY-EURGBP-EURCHF
EURAUD-GBPJPY-GBPCHF-AUDJPY-NZDUSD-NZDJPY-AUDNZD-CHFJPY-EURCAD-AUDCAD

The first 3 Meter values aren’t based on any timeframes and will be the same on M1 or H1 for example.

The 4th and 5th values are based on the current timeframe.

The global result in percent (%) will be different if you switch between TFs.

Here is an example of live trading board (12 resized charts):



Parameters settable by users:
  • The parameters of the 2 additional indicators (MACD and Stoch)
  • The position of the box on your chart
  • The colors of the 5 indicators and text
  • Choice of a small box with only values instead of the big one
  • An alert option (pop up or email) is also available at a settable % of probability
How to decrypt the Probability Meter values?

All values and colors have to be watch closely.

1. Multi-Info+ : more than 75 (red/green) for strong Up/Down trend

2. Indice Strength : 0-1-2 for strong Down trend, 7-8-9 for strong Up trend, 3-4-5-6 for sideway

3. Currency Pair Range : range of 5 or more between the 2 currencies. Example: 7-2, 9-3 etc for a strong Up trend, 0-5, 2-8 etc for a strong Down trend

4 and 5 : red color for Down trend, green for Up trend and Orange for sideway

The global value in percent (%) has to be watch closely and with experience you will have feeling. This value is the combination of the 5 values listed above. 75-80% is a good point for trigger a trade.

Example how i trade with it: attach the Meter on M15 and the 2TFs below (M5 and M1). First, the 2 additional indicators on the 3 TFs must agree. Then watch the numbers of the 3 others indicators (doesn't matter which TF because the number will be the same). If these numbers are about the ones i suggested in the explanation above, then the Global % would be close to a good entry point. 75% seems to work well but with experience we'll all find our % which we are confortable with.

For exit, when you'll see that the Multi-info+ start to reverse on the 3 TFs. It's the one react the most quickly.


Want to be a real successful trader? more info here ... and you'll catch the next trend!!!

Feel free to contact me if you have any question.

I wish you a lot of pips.

FerruFx
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THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
NEW:video presentation of the Probability Meter ... 24hrs in action
Coding services: Experts Advisors, indicators, alerts, etc ...

More info here
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Old 03-21-2008, 02:18 PM
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I have this trading tool and believe me, it really makes a difference...

Cheers Ferru
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Old 03-21-2008, 03:13 PM
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Ferru

Can u give examples of charts where trends have been predicted in advance,so readers can see for themselves

Have u EA for this?

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Old 03-21-2008, 03:57 PM
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Ferru

maybe u have some charts of prediction

This is a simple example of a simple chart you can show.Here it predicted in advance on many occasions

That is all

OILFXPRO
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Old 03-21-2008, 04:17 PM
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This tool is no an indicator for which works on historical charts... the trend analysis is done in real time
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Old 03-21-2008, 06:13 PM
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Looks kind of pricey at $67 USD. Do the forum members get a discount here? Also, I don't see a guarantee in your website or ebay auction, why is that?
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Old 03-21-2008, 11:50 PM
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Quote:
Originally Posted by bossxero View Post
This tool is no an indicator for which works on historical charts... the trend analysis is done in real time
Thanks bossxero for your answer. This is exact.

oilfxpro, this tool can't be implemented nor called by an EA.
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THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
NEW:video presentation of the Probability Meter ... 24hrs in action
Coding services: Experts Advisors, indicators, alerts, etc ...

More info here
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Old 03-21-2008, 11:55 PM
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Quote:
Originally Posted by ProfTrader View Post
Looks kind of pricey at $67 USD. Do the forum members get a discount here? Also, I don't see a guarantee in your website or ebay auction, why is that?
What kind of guarantee do you want? As you know, holly grail doesn't exist and I don't claim that this one is. 100+ traders use it already with great feedbacks and there's no bugs. I tested it 6 months before release it.

No promotion at this time.

Thanks for your interest.
__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
NEW:video presentation of the Probability Meter ... 24hrs in action
Coding services: Experts Advisors, indicators, alerts, etc ...

More info here
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Old 03-26-2008, 08:23 AM
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Doesn't sound like you want to sell it apparently.

No examples, very little to work with here.
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Old 03-26-2008, 09:06 AM
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Quote:
Here are some trades made with the probability meter.On screenshots 1,2,3 you'll see the progression of the probability meter to the sell.All boxes red and arrows down.Angle and seperation of the ema 10 & 20 and MACD on all 3 charts heading to the down side.

I jumped in and out here with 4 trades of .1 and 1 trade of .5 lots.I should have stayed in longer with the .5 lot trade, but in keeping with a scalp trade I held that for around 5 minutes.Total in that short span $149.01 less $11.26 in commissions for a net of $137.75.

On screenshot 4, I made note of watching support and resistance.Price dropped and bounced off the S3 which you could set as your target then on the way back up target could be set on S1.

I hope these examples are helpful to all.
Attached Images
File Type: jpg 1.jpg (74.7 KB, 61 views)
File Type: jpg 2.jpg (75.5 KB, 30 views)
File Type: jpg 3.jpg (78.2 KB, 24 views)
File Type: jpg 4.jpg (54.9 KB, 27 views)
File Type: jpg 5.jpg (197.0 KB, 18 views)
__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
NEW:video presentation of the Probability Meter ... 24hrs in action
Coding services: Experts Advisors, indicators, alerts, etc ...

More info here
Reply With Quote
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