Great work evidence of great thinker thanks for generosity, cheers.
NITRO Scalping for serious traders 863 replies
NITRO Variations for Open-minded Traders 290 replies
scalping/curency meter 11 replies
Anyone know the ins/outs of progamming the METER in MT4? 1 reply
DislikedI just tried it...it works, i gain some profit ..how about update ..any of it ?Ignored
DislikedOk !!!! Comparing the build 600 with the build 509 the NITRO+ is the same here !!!! Does anybody else tested it ?Ignored
DislikedI see......I have just checked the global %. I use only the compact mode. Thanks for the report.Ignored
DislikedHi there, when this new version from post #134 will be released ? Also can you explain what is the matrix ? how to read it ?Ignored
3N+ is now giving us a heads up when it thinks "Based on what I have been seeing in the past with this pair, this current trend and momentum that we are in the midst of right now .... may possibly be coming to an end shortly. So be on the lookout for signs of this"
Is it meant to be an absolute exiting indication? No.
If I am Long 50 units of GBPCHF and 9 of the 12 Dots are lit as overbought, will I consider taking some profit on at least 5-10 units because of the Matrix? Yes.
But what if the meter has only reached 70% when these 9 Dots are lit, would I still consider exiting 5-10 units of my position regardless of if all else are equal ... instead of holding out for GLOBAL 95%? Yes.
Or as an alternative some times or in addition to manual closeout, the majority of Dots lighting may prompt me to move some TPs or some TSs closer.
It is only meant to provide us with more information as it does more work for us. Instead of needing to load up 12 instances of indicators in our bottom windows or on other displays for exiting guidance and having to decipher and aggregate all of em on the fly... we now have 12 small dots that we can easily aggregate visually with a quick glance.
The ranges of these 6 and their current defaults:
For those that need a multiple meter setup like the 28 pair Template included with older, full retail versions, insert these steps after #2 above for each of the 28 meters:
This thread and the sites will be updated on the day updates are sent with, "Updates Will Be Sent Today".