Nice work, thanks.
- Joined Jul 2011 | Status: Member | 7,745 Posts
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
103.6%
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
DislikedNew NITRO+ 4TH Upgrade - Sent March 18th 2014 NITRO+ .{image} above ► Multiple GBP Pairs - Loaded on Daily Chart - Fall 2013 below ► Current, Time-Lapsed Pricing as of the 2013.12.4 16:00 Bar Close ..{image} GBPNZD......+106.0 pips...............GBPAUD......+865.0 pips GBPCHF......+310.7 pips...............GBPCAD......+1141.0 pips ...( ( ( ( click preview picture below to view full size animation in a separate tab ) ) ) ) {image}. What happened to EURUSD after the...Ignored
DislikedThanks for the update. What is wrong with this chart? Hint: EUR-NZD {image}Ignored
So then, in comparison to the 6 other Currencies ... EURNZD should have been anomalous ... and it was ... as your 7 meters show.
5NITRO+ does not just pull data from the current time frame and calculate it. It pulls data from current, higher, and lower ... assigns non-linear weightings to the data from each time frame ... and then aggregates it.
In other words:
How much of a factor each additional time frame has on the current loaded is broken down on the 5NITRO+ Formula Page. Current formula and info still needs updating. The User can now select how much of a factor these lower and higher time frames have by choosing either:
These options and their effects are explained in the change log on the home page or wherever it may have been moved.
Versioning Explanation 5NITRO+ 5.00 - No Changes were made to any parts of the formula. 5NITRO+ 5.02 Future Alternative - No Changes were made to any parts of the formula. The calculations and output is identical to 5NITRO+ 5.00. Slight changes were made to graphics in anticipation of upcoming MT4 builds. It looks like Metaquotes fixed a major glitch introduced in Build 646 with this recent new Build 652 released on May 23rd, 2014. Dynamic number outputs that had variable width would change their anchor points. For Example: when output would change from 9 to 10 or from 99 to 100. Extra code has been added to 5NITRO+ to deal with whatever they ultimately decide on. If this glitch is ever introduced again, 5N+ will display correctly. Further refinements were made to graphics. Re-alignments to some graphics were necessary as Metaquotes made slight 1 pixel adjustments for whatever reason they decide to do so. These odd changes took place with every other new build for at least 1 year after Metatrader 5 was first released. 5NITRO+ 5.02 Future Alternative - Because of these subtle changes that have happened and will likely continue to happen like in MT5, we provided this Alternative version in anticipation of future changes or changing back. The Templates provided will work with either 5NITRO+ version, 5.00 and 5.02. If a new build is released that changes graphics alignment, then delete version 5.00 and install version 5.02. We will post information on the sites and on ForexFactory letting everyone know if taking time to switch versions is worthwhile. If the modified version does not provide an adequate fix, we will once again provide new files. Depending on how soon, you will either receive a new 5NITRO+ Version 5.03 or a new 6NITRO+. To identify the versions, hover over the Indicator with your mouse as it is displayed in the 'Custom Indicator' list in your Navigator. The version number is also displayed in the 'About' tab of the Indicator properties. To identify the versions within their MQL4/Indicators folder: Version 5.00 was created at 1:00am Version 5.02 was created later at 5:00am
DislikedSo i have skimmed the thread, and the website... I don't get it, what is the point. Is it another indicator, or it is a piece of software that does probability calculations for you based on your inputs?Ignored
Disliked{quote} @MCRotter - Yes, it is an Indicator. An Indicator that compiles nearly all of the Indicators supplied with your platform along with support & resistance across up to 7 variably-weighted adjacent time frames in total, dependent on which time frame it is loaded on or which time frame you have entered. It then aggregates these ~145 parameters into a percentage. The percentage represents how many of those ~145 parameters are indicating the same trend bias. There are 100 percentage points Long, 100 percentage points Short. For Example: GLOBAL...Ignored
Disliked{quote} I see, thanks for that. Is there any kind of performance record?Ignored