Forex Probability Meter - NITRO+

Great work evidence of great thinker thanks for generosity, cheers.

I just tried it...it works, i gain some profit ..how about update ..any of it ?

@eyepaste - what version of N+ are you using ... old or new? When viewing the indicator files either in the main extracted folder or in the 'experts > indicators' folder of your MT4 Broker, what is the Date Modified? Windows provides Date Modified as a column sorter by default in most folders although you may need to enable if not showing. You can also right click and find Date Modified under file properties. Email me if you are having troubles finding or think you may be using an old version [email protected]

Metaquotes is in the process of changing MT4 to bring it more closer to MT5. As we all know, MT4 and MT5 are very different. MT5 was mainly created to comply with new US CFTC laws beginning around October 2010 ... as opposed to it being a natural platform progression like all previous MT1>MT2>MT3>MT4. So MT5 remains mainly a US platform and MT4 for the rest of the world.

And it is looking like it will remain this way for some time. Instead of releasing an MT6 or MT5.5 for the rest of the world, slowly MT4 is being morphed into MT5 but without the US trading restrictions, of course.

(Finally?) Metaquotes is attempting to take 20% of all Indicator and EA sales by forcefully funneling all transactions through its Marketplaces. These MT4 & MT5 Marketplaces are like iTunes and Google Play. While MT5 is up and running, the MT4 Marketplace is still in Beta. They have added additional functionality to MT4 and its Indys, Scripts, EAs. While there will now be additional functionality and options for us to work with in MT4, changes have mostly been made so that Metaquotes can control each Indicator/EA and take $$$$.

Waiting to see what changes need to be made and if all new products will need to be distributed through Metaquotes and their MT4 Marketplace. Learning what new functionality might now be available for MT4 will is also dictating any new code. The DLL based protection for our CSM stand alone and the add-on for N+ became non viable following the Zulutrade cutoff. I am sure they will eventually kill this ability unless calls are made to a Metaquotes-owned or sanctioned server.. Metaquotes will handle protection and purchase verification w/ extra code and user account info. EA and Indicator instances are being limited to 3.

Metaquotes also has to test and approve each and every release.






NITRO+

@Ahmed F - hoping you check this thread again, maybe you are subscribed ....

I'm not avoiding you. I got your emails about versioning and you are running the early 2011. You were sent the new version a while back to your @webmail.co.za address. So another one was sent again there and new. Each time my wife tried to send the new download link to new email, your SPAM Blocker is automatically blocking and replying with a link to follow. Same thing when I replied to your email which shouldn't be blocked anyways because it is a reply? That provided link is followed to whitelist our addresses and we enter the CAPTCHA on that page. But nothing happens. It doesn't do anything. Looks like she also sent the link from e-junkie to your Google Checkout/Wallet Message Box. You have to log into this account to get it.

I just now checked our N+ download log and it says you have not yet made any attempts for this one or the one a while back.

So idn? Either let me know you got it here or through email or download it and I will then see receipt. If you have not received, maybe you can manually whitelist e-junkie.com and ashley+support both @ wyfxco.com or wyfx.co ..... in your SPAM Blocker so they come through. Or just copy&paste the new download link from your GOOG inbox.

A new version of N+ is being coded for the new Metatrader4+

February 3rd is the scheduled release date for the stable Terminal and the new MT4 App Marketplace. No one has any idea how long it will take each individual Broker to push MT4+ to clients through LiveUpdate. I'm sure a few will push it quick to Demo accounts within 0-1 days to gauge the reception and gauge how many technical issues they will have to deal with.

With new Betas still coming in every day that break old logic while fixing logic that was broke with the previous builds, we're gonna have to wait until the very last build to see what they break and needs fixing. Then, everything needs to be tested again with live ticks.

Because I'm guessing new builds will be continually released at least during the first 2-3 months, we're going to include backup versions compiled on Build 509 that, while they may lack some new features capable with >509, will hopefully be more immune to upcoming unforeseen changes that they will inevitably make to the new language once the pool of testers increases by 900% ... finding even more glitches.

Ok !!!! Comparing the build 600 with the build 509 the NITRO+ is the same here !!!! Does anybody else tested it ?

@guilherme -

The formula itself is unaffected and calculates properly.

In >509, Object handling was changed including in what order they are layered along with when or if they are deleted upon initiation, Template load, Terminal restart. They kept then changing all of these back and forth with every other Beta build.

Anyways, your right column of boxes should be displaying improperly and overlapping/hiding themselves from the bottom up. Making all but the bottom Awesome Oscillator(AO) box hidden behind the one directly beneath it. But again ... these are redundant values anyhow as their aggregate is displayed in the visible TITAN II Meter and GLOBAL% Meter. And with the color of the boxes still displaying and changing as normal, there remains at least the visual benefit.

Loading a Template causes an even bigger Object layering mess. It's fixed when switchin time frames. Fixed as in ... not as bad.

Users began emailing about this glitch about an hour after LiveUpdate 600 yesterday. So I think I'm gonna have to wrap it up here and just provide download links for what we have minus some added features.

Probably then release another version in about a week if I don't see being able to update after NY today. Depends on how many more emails.

The sudden urgency and panic in Users was caused by Metaquotes and the way this update is being forcedly pushed so quickly out of traders control to say ...

"No, I don't want this update right this second. I get it, there's an update. You figured out how to make money like Google+Apple does with Play+iTunes, good for you. I've heard it may or may not break all the tools I rely on while adding very little noticeable improvement to the platform itself, that's just sooo great. Can you please just chill then? I'm trading right now. Why would you do this to me on a Monday or Tuesday? Why not Friday just after Close ... making me aware of it so I then know to begin a few hours earlier on Sunday?"

Support for 509 is continuing through this Summer. So there is no reason this update could not have been released in a way to allow Users the ability to delay until it was not in the middle of their trading day .... or awaken to a possible mess to begin their trading day. This is a change forced upon Users in which Metaquotes is fully aware will break a certain percentage of legacy apps and thus possibly ruin many traders' entire day. Almost surely costing many traders money because of lost time or just by causing them confusion. So why would anyone knowing this ... then make the decision to break Traders' tools in the middle of the trading day?

There are thousands of legacy apps on tens of thousands of Trader's screens that broke instantly with 600.


So ... after NY or tomorrow.

I'll have a changelog put into the READ_ME.txt and post it here.

I see......I have just checked the global %. I use only the compact mode.
Thanks for the report.

@guilherme - Cool.

The CompactModes are improved in 3N+. Additional, rectangle background option as replacement for existing. RECTANGLE_LABELs weren't an option in <=509. Additional, horizontally-smaller option that eliminates the Symbol making it the same width as OneClick Panel. There are also some Overbought/Oversold dynamic small dots in all modes using RSI, MFI, CCI, DeM, ADX current TF with user adjustable extreme levels. Or might switch it back to 30>RSI>70 across 4 TFs with one lower and two higher, and ADX current. idn

NFP is less than 24hours away, so Saturday. Actually, the new download links will be in User's email inbox well before Sun Aussie open.

Updates are being sent out today.

New download links will be sent to same email address you received initial backups to or the June/July 2012 update which included all updated addresses up until that time. If address has changed, provide updated info to ashley <<<at>>> wyfxco.com

I need to wait for the market to open to test some tweaks made yesterday and this morning.

The updates have been sent already ?

@guilherme - sorry. Obviously you know now but looks like a few hours after the post.

A new update, version 3.2 or 3.3 will be sent to everyone probably this week at some point. Time ran out last Sunday so I just zipped and sent the version that had been tested thru fri. There are some errors, glitches, and lack of some On/Off switches.

Current and Upcoming Changes:

1. T2 has been updated to T3. Bollinger Bands and Money Flow Index were added. MACD and Moving Average of Oscillator were removed. Ichimoku may be added still.
2. Symbol Strength has been improved. An additional reading has been added. In addition to the legacy 48Bar Lookback, a 24Bar Lookback has also been added and is the 2nd number. The longer, 48Bars comprises 57% of the total SS weight, while 24Bars makes up 43%. Accordingly, an extra 4points or 5.5% of the total GLOBAL% has been given to Symbol Strength. These 4points were taken from the Bottom 4 Boxes. 1point from each Box, leaving them now with 3points each. A User Input for these LookBacks is being added.
3. Symbol Strength is more efficient, even while doubling the output. The formula was changed to calculate the data that is already being pulled by the new OnCalculate, instead of pulling redundant data using a parallel but different method.
4. “Not Enough Data ….” is present when there are less than 150Bars from any of the time frames needed for calculation, which can be as many as 6 time frames total. This will display while data is being downloaded and will be replaced with the meter when there is adequate data to calculate. “Not Enough Data ….” will persist sometimes on Monthly charts with some Brokers or Futures that do not provide enough history. In this case, 3N+ cannot be used on this time frame.
5. No More Zero Divide. Between the new SS formula and the "Not Enough Data ...." feature preventing the meter from starting its main loop without enough data, there are no more zero divides. Earlier MT4+ beta builds were actually timing out at about 5seconds, and this will probably return at some point. It was removing indys completely from charts if adequate data for calculation had not been downloaded in time ... causing 0/. This affects nearly all legacy CSMs(using a real strength formula, not RSI) and MTF tools like 3N+.
6. The Bottom 4Boxes have been improved. MACD and OsMA have replaced DeMarker and MFI. MFI has moved to T3 while DeMarker>=DeMarker_Shift2 remains in T3. MACD is the top box which is current time frame. OsMA, like the existing RVI and AO below it, are higher time frames or current beginning at Daily.
7. Additional, Solid Backgrounds have been added as an option for all modes. Choice of Background Borders is also given. Border options are: flat, raised, sunken. There is a glitch within the MT4 enumeration in which the sunken option is called “non-dynamic pointer”. Color of these new Backgrounds need to have one value >=31 or else MT4 will automatically paint the borders white. Border Types are also an option for the 6Boxes and the Vertical Action Bars.
8. Time Frames can now be chosen. Options are as follows: M1 M2 M3 M4 M5 M6 M10 M12 M15 M20 M30 H1 H2 H3 H4 H6 H8 H12 D1 W1 MN. In previous beta builds, there was indication that all of these TFs would be offered like in MT5. They took them away. The options were left in 3N+ though. Although there is no actual History to pull from, selecting non-standard time frames such as 12M will allow the User to fine tune the meter to suit. For example, a User can choose 12M from the drop down menu if they desire to quicken up the response when loaded on a 15M chart. These TF 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 15M chart, a User can choose to display 5 meters, 10M 12M 15M(current) 20M and 30M. 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, and so on. The T3 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.
9. Visual Alert Triggers were added. The User can now set the levels at which both the GLOBAL% and TITAN3 Vertical Action Bars light up. Default is of course 50% and 75. The TITAN3 Visual Alert Trigger will also control what the Bottom 4Boxes considers a “Neutral Trend” in the next update. Current default Neutral Trend of the Bottom 4Boxes is T3<75.
10. A Possibly Overbought, Possibly Oversold Matrix has been added. The Matrix is comprised of ADX, RSI, MFI, CCI, STOCH, WPR. ADX monitors only the current time frame, while the remaining 5 monitor both the current time frame and one time frame higher. This brings the total number of Dots to 11. A 2nd ADX time frame and the 12th dot might be added with the next update. Because the non-standard time frames already use a higher time frame to represent current, the OBOS Dot Matrix only displays these current for a total of only 6 Matrix Dots when a non-standard time frame is chosen. The User can adjust the High + Low Limits for these OBOS Indicators along with colors.
11. Extended Time Horizon, Reduced Time Horizon options in new update. When Extended Outlook is selected, the default multiple time frames are used in T3, SS, and the bottom 3Boxes. When Reduced is selected, the center of time will be lowered by about one time frame in all. So for example when loaded on an M1 chart, the bottom 3Boxes will calculate M5 data instead of M15 data. Between this, being able to choose in between time frames such as M12, being able to adjust both SymbolStrength lookbacks, and being able to adjust Visual Alert levels .... the User is able to fine tune the meter to suit.

Google Wallet or old Google Checkout customers need to log into their accounts to obtain their 3N+ update download links.

Google assigns unique email addresses such as [email protected] to protect buyer's privacy. This is where the links were sent as this is the only email address provided to us.

I'm not sure if this is all Google customers or only those that checked the box next to "don't share email address with seller" at time of purchase.

Hi there,
when this new version from post #134 will be released ?
Also can you explain what is the matrix ? how to read it ?

@guilherme -

was pushin for before aussie open this sunday just like last time, but don't see it happening. So early monday morn PST GMT+7 like last time or tuesday or wednesday (or thursday or friday).

the Overbought/Oversold (OBOS) Dot Matrix, like stated in the settings box and illustrated when loaded on a chart as a trend cycle plays out, represents a possible overbought or possible oversold condition or a possible upcoming turning point.

Like stated in the previous post 134, there are 11 soon to be 12 dots represented by 6 built in indications across the current time frame and one time frame higher up until H4. Beginning with D1, the current time frame and one time frame lower is used.

The 6 indications used are ADX, RSI, CCI, MFI, STO, WPR. Loading up these 6 indys onto a chart when the market is closed can give you an idea of what they are outputting at different points of a trend cycle. Doing so will also give you the perspective going forward to be able to adjust the High Limits (overbought) and Low Limits (oversold) if you wish to better sync with your style.

1. these dots illuminating could provide guidance in beginning to think about taking some profits off the table if they begin to trigger in the greater than GLOBAL 85% range as the indicators could be lit indicating a possibly overbought or oversold condition.
2. these dots can then also provide guidance in re-establishing units on retracements who previously had their take profits hit. Such as when the meter drops from 98% down to 55%, as a possible example.
3. these matrix indicators give the meter exiting relativity ... instead of just enter and hold (momentum trend strength) relativity.

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:

1. RSI 0.0 to 100.0 Defaults are Lo=30.0 Hi=70.0
2. MFI 0.0 to 100.0 Defaults are Lo=20.0 Hi=80.0
3. STO 0.0 to 100.0 Defaults are Lo=10.0 Hi=90.0
4. WPR -100.0 to 0.0 Defaults are Lo=-90.0 Hi=-10.0
5. CCI ~-400.0 to ~400.0 Defaults are Lo=-190.0 Hi=190.0
6. ADX 0.0 to ~75.0 Default is Limit=55.0

Thanks a lot for the explanation !!!!!

NITRO+4 Updates will be sent the week of March 2nd 2014. This is the best estimate as of right now.

Nothing new will be sent until it is finished and has been tested. If it takes until 2031 to be finished and tested, then new download links will go out in 2031.

For those that are unable to use the interim NITRO+3 because Templates were not included and they just cannot wait for the full NITRO+4 that will include Templates along with the New ClearChart compiled on 600+, please note that each User can create their own Templates. Here is the secret black box formula of steps:

1. Insert or Drag&Drop the meter onto a chart
2. The Settings Box will automatically pop up
3. If necessary, change the settings to your preference
4. Right click and select 'Templates >> Save Template'
5. Choose a name, like '001'
6. Click 'Save'

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:

1. 2A. Increase the 'Magic Letter' each time. So... A, B, C, ...//... X, Y, Z, AA, BB
2. 2B. Enter Symbol
3. 2C. Increase Y Pixels by 45 for each new meter. #1 and #15 will be 0 having no change
4. 2D. Select -true- for 'Move Meter to Left Side of Chart' for the first 14 meters
5. 2E. Select -true- for 'Display Compact Mode'
6. 2F. Select -false- if you do not want to 'Display Price'

This thread and the sites will be updated on the day updates are sent with, "Updates Will Be Sent Today".

New NITRO+ 4TH Upgrade - Sent March 18th 2014