Forex Probability Meter - NITRO+ | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Forex Probability Meter - NITRO+
Exit Attachments

Forex Probability Meter - NITRO+

  • #181
  • Jun 27, 2014 11:59pm Jun 27, 2014 11:59pm
Quoting demateo
{quote} what i mean is someone else asked what is the calculation for the flow+ strength meter for sale on the page or does the name change to nitro+
I see. Yeah, looks like I forgot to reply to some posts back on page 7 or 8.

I honestly am not sure what we are going to do with F+. It is not for sale and never has been. It's been "coming soon" for about 7 years now. It needs to be entirely recoded for this new MT4 because it is graphic heavy. And it took sooooo much coding just to get 3N+ 4N+ 5N+ to display correctly in all forms ....

.... as ridiculous as this sounds, there are 13,000+ lines of code inside 5NITRO+ including whitespace. So probably 12,000 lines of actual code.

I have not even thought about F+ since then because the focus has been N+ and getting updates to customers. It still works fine on 509 but have not wanted to load an extra, old platform just for it. So I just switched to using our old FlowMeter with line output using the compatibility engine. It also displays current strengths as multi-decimal numbers in the top left of its window. If you want this old FlowMeter, I'm pretty sure there are a few Pirate sites selling it for $10 .... just please don't email us for support or ask for an update in a few months once Metaquotes discontinues the 509 compatibility engine .... ok?

But the formula of both of these Flow versions and the precursor 'Pair Strength' inside 5NITRO+, which we call 'Symbol Strength' since it also applies to non-FX like CFDs .... is the standard Currency Strength Formula that Yeomans created in the mid 2000s. The range is a total of 10 Strength levels from 0 thru 9.



5NITRO+
  • #182
  • Jun 28, 2014 2:25am Jun 28, 2014 2:25am
Quoting Wyfx
{quote} I see. Yeah, looks like I forgot to reply to some posts back on page 7 or 8. I honestly am not sure what we are going to do with F+. It is not for sale and never has been. It's been "coming soon" for about 7 years now. It needs to be entirely recoded for this new MT4
oh now this makes sense because I cant find where to pay and you say that the coding needs rewrite. 13000 lines is so much does this need a supercomputer or please provide the recommend computer.
- and so 5nitro already has flowmeter calculation it it already so no need for separate csm indicator calculation
  • #183
  • Jun 28, 2014 10:17pm Jun 28, 2014 10:17pm
Quoting demateo
{quote} oh now this makes sense because I cant find where to pay and you say that the coding needs rewrite. 13000 lines is so much does this need a supercomputer or please provide the recommend computer. - and so 5nitro already has flowmeter calculation it it already so no need for separate csm indicator calculation
Well sort of.

Like I said, 5N+ contains the precursor formula to the standard CSM formula. A CSM goes one step further. It would take all of the individual 'Pair Strengths' from the SS Box in 5N+ for each separate underlying Currency, like EUR or USD. Then next, it would average them all for each Currency to arrive at Currency Strength.

If we included Currency Strength in this meter instead of the individual Pair Strength, it could not function on CFDs (like APPLE or GOOGLE), Commodities (like OIL or WHEAT), Equity Indexes (like NIKKEI or NASDAQ), or BitCoins (unless brokers offered more than just BTC/USD).

Instead of working on all of the above and all 350+ Brokers worldwide, it would only function on a Broker that provides all 28 Major Pairs.

Like @ongpchye said in a previous post, his Broker only provides something like ~10 of the Major Pairs I think. There are very few brokers that offer all 28 Majors. Idn, maybe there are 30 mt4 brokers worldwide out of 350 that offer the 28 majors?
  • #184
  • Jun 29, 2014 2:47am Jun 29, 2014 2:47am
but i use ferrufx probability meter that has csm and it works good and my broker only lists 22 of these. i was told by them having csm is better results.
-this has always been a best indikator for me and i always have it on my chart because of csm that i also need.
  • #185
  • Jun 29, 2014 10:14pm Jun 29, 2014 10:14pm
Quoting demateo
but i use ferrufx probability meter that has csm and it works good and my broker only lists 22 of these. i was told by them having csm is better results. -this has always been a best indikator for me and i always have it on my chart because of csm that i also need.
Are you sure the ferrufx is working right across all your 22 pairs?

The CSM in that ferrufx meter does not poll your MarketWatch for available pairs. The 14 or 16? pairs used for CSM calculation are hardcoded.

You are missing 6 of the majors.

Are you sure that none of those 6 you are missing .... are not some that are hardcoded?
  • #186
  • Jun 30, 2014 12:10am Jun 30, 2014 12:10am
#wyfx -no im not informed knowing this Your right now on my Aud some Nzd pair is always the 0 fo strength. -please list so i will check back herew THANK YOU
  • #187
  • Jun 30, 2014 10:09am Jun 30, 2014 10:09am
Changes to the Formula for this new version are being updated on The Formula Page now.

http://california.wyfxco.com/Meter-E...xplanation.png
We'll put numbers on each box later along with numbered descriptions so those that need to use Google Translate can figure it out.
  • #188
  • Jun 30, 2014 10:12am Jun 30, 2014 10:12am
To get the information up quickly, I just had screenshots taken of our formula workpad used for coding.

Every single part of that workpad as it relates to time frames used and the point system were uploaded on The Formula Page as linked in above post.

Example showing matriXx Time Frame breakdown:
Attached Image (click to enlarge)
Click to Enlarge Name: 5NITRO-matriXx-Periods-02.png Size: 76 KB
  • #189
  • Jul 1, 2014 12:51am Jul 1, 2014 12:51am
@wyfx i'm still waiting for the list and still no coupon code in title post like you said THANK YOU.

I did pm my email but it is forbidden for i am commercial member it says
  • #190
  • Jul 1, 2014 8:43am Jul 1, 2014 8:43am
Quoting blackgold22
{quote} .... how to read the dots i know what they mean but reading it on the meter try to see if it all works with what is going on
http://newyork.wyfxco.com/Meter-Expl...iXx-Legend.png

5NITRO+
  • #191
  • Jul 1, 2014 8:48am Jul 1, 2014 8:48am
Quoting demateo
@wyfx i'm still waiting for the list and still no coupon code in title post like you said THANK YOU. I did pm my email but it is forbidden for i am commercial member it says
I am the commercial member. I cannot send or receive PMs.

Why are you waiting for the pair list from me? Why do you not contact ferrufx?
  • #192
  • Jul 1, 2014 10:13am Jul 1, 2014 10:13am
Quoting Wyfx
{quote} I am the commercial member. I cannot send or receive PMs. Why are you waiting for the pair list from me? Why do you not contact ferrufx?
i have contacted Ferrufx before and he sells his business and is no longer owner of this tool
  • #193
  • Jul 3, 2014 3:01pm Jul 3, 2014 3:01pm
Quoting demateo
{quote} i have contacted Ferrufx before and he sells his business and is no longer owner of this tool
I read in more forums he sells his business to megatrend and this isnt you? This is why I ask to provide this hardcoded list please.#wyfx please reply here for me to check if I know Ferrufx csm works good on Eurusd this will have better results than new 5nitro or must I purchase again?
  • #194
  • Jul 3, 2014 5:37pm Jul 3, 2014 5:37pm
need 5nitro Usdcad CADJPY CADCHF EURCAD, GBPCAD this night from the non farm payroll (nfp) and Canada (cad) trade balance http://www.forexfactory.com/calendar.php This was 2 reports that made Cad trade fast.
"Upload Screenshots" of this 30 minutes after on 15m chart also every 30 minutes until this night ends before asia but just until Europe ends is all I need


I came here from the website link on the 5nitro+ forum page and make all this time to create factory account because these were my instructions until its fixed to get support from you. The site says 352 days every year and support in 30 m to 24 hours,I do not give email address for use in a contact form all i get is junkmail always and this is my work email. I am very interested in being a buyer just the same like ongpchye and just need answers for all of my questions and how to have priority also like ongpchye factory member gets and guilherme member gets fast answers
  • #195
  • Jul 3, 2014 6:21pm Jul 3, 2014 6:21pm
Quoting guilherme
Blow up an account with a 40 pips move........??? I think my vote goes to options 1 or 9. Itīs easy to blame others when we fail. Even easier if we donīt know them and donīt know what his work is all about. I would sugest go back to school and learn all again. Also I bet anyone here can show a better, more complete and versatile tool (with the same proposal) then this one. Yes....itīs an indicator, yes itīs a tool....not a system....not a cristal ball. But I assure you that will always be present in any system I develop.
you develop systems on the site, theres systems you develop from fractals with gains and Will i need csm and have you develop systems on the xmeter csm or the csm-xls and any csm with the Renko block graphs on your pictures
  • #196
  • Jul 4, 2014 8:21pm Jul 4, 2014 8:21pm
Quoting Wyfx
FLOW+ CSM is being coded right now among others. In general, the overall design of the traditional-type meter portion of it is similar to as shown below... situated either above or below the Probability Meter. Although of course you will have the capability to use it solo, it may actually be integrated within the new suite. If the stack overflow obstacles in the code can be overcome, this will allow for simplicity by only needing to install one .ex4 indicator file and (hopefully) no templates. Then, various features such as "Currency Strength Meter"...
Hey Wyfx,

I installed the 5Nitro+. Would like check with you few things:
1. I couldn't seems to find where to activate the CSM into Nitro, is this still available? If Yes, plz guide where to switch CSM on?
2. Can the CSM be used solo? If Yes, Plz guide how to activate it?
3. Is iDrag still available? I find it interesting & would like to use it.

Hear from you soon. Cheers.
- Eric O.
  • #197
  • Edited 10:22pm Jul 4, 2014 8:31pm | Edited 10:22pm
Quoting Wyfx
{quote} {image} 5NITRO+
Hey Wyfx,

The matrixx seems scattered, could it all be arrange next to each other (something similar such as ADX #1 & #2) so that we could identify it easily?

Thanks,
Eric O.
  • #198
  • Jul 7, 2014 6:31pm Jul 7, 2014 6:31pm
Quoting ongpchye
{quote} I installed the 5Nitro+. Would like check with you few things:

1. I couldn't seems to find where to activate the CSM into Nitro, is this still available? If Yes, plz guide where to switch CSM on?
2. Can the CSM be used solo? If Yes, Plz guide how to activate it?

Cheers. - Eric O.
@ongpchye Eric O. - CSM Currency Strength Meter

It is unfortunate to learn that you have been inconvenienced while seeking an ON/OFF switch inside of 5NITRO+ for an extra 'Currency Strength Meter' to display in addition or as an entirely separate meter.

As noted a few days ago in #181 Post and stated on the page on our website that contains a Free Web-Based Currency Strength Meter, a Free Web-Based Dollar Index App, and provides "Coming Soon" details of a possible new Currency Strength Meter Family of MT4 Indicators called FLOW+ ..... 2015 to 2016 is a time range that a new CSM for MT4 could be made available. More than likely, it will need to be purchased through the New MT4 App Marketplace because of my diminishing will to deal with Pirates.

Details were provided in this other post that will allow anyone to obtain our old FlowMeter 509 CSM from back in 2009 for anywhere between $3 and $10 depending on the Pirate site.

If a 'FLOW+ Currency Strength Meter' ON/OFF option within 5NITRO+, 6NITRO+, 7NITRO+, 8NITRO+, 9NITRO+ ... is ever made available, rest assured that changelogs here on ForexFactory and on our sites, marketing descriptions, marketing screenshots, screenshots of templates, and material contained in the zip file packages will not forget to include mentioning this new FLOW+ Currency Strength Meter ON/OFF option.

If our current marketing habits might be an indication of what would be expected opon the release of any new product, let alone a Currency Strength Meter that will include a price tag approaching Tom Yeoman's AccuStrength Professional Version 5 FX Currency Strength Charting Platform of around $999.00 CAD for a 5 year subscription, chances are that the amount of screenshots + words dedicated solely to promoting this new product or ON/OFF option will no doubt continue the trend of ad nauseum marketing.

For Example: The 100+ screenshots of 5NITRO+ in nearly every possible configuration with nearly every switch flipped ON/OFF throughout the mega site right now could be considered 'ad nauseum'

-----------------

Within the (200+) images on the mega site there is one (1) picture of an alpha FLOW+ CSM that I was using with 509 and will serve as the graphical template for any meter-based ON/OFF option added to the top or bottom of any future N+. The previous reply here @FF and the text below that picture on the currency strength page explains that this FLOW+ version was put on hold indefinitely so that we could focus on getting N+ upgrades to customers asap.

Note that if English is not a preferred language, the 'Google Translate' button can be clicked. Text and image descriptions on that currency strength page, including FLOW+ images and descriptions, will be automatically translated to a preferred language as long as javascript and cookies are allowed.
  • #199
  • Jul 7, 2014 6:38pm Jul 7, 2014 6:38pm
Using the 'Google Translate' button at the top left of each page will automatically translate all text to the preferred language as long as javascript + cookies are allowed.

The only items that will not be translated are text within an image or text within apps like the Currency Strength Chart or US Dollar Strength app. All text within the Light Box pop-ups and even Tool Tips will be translated. These translated Tool Tips include the descriptions that are shown when hovering over all images on the site.

I do not think it is necessary to allow '3rd Party Cookies' within a browser so that all subsequent pages will automatically be translated beacuse I don't think the cookies are coming from Google. I think they are set by the '1st Party' megatrendfx.com. But I'm not sure.

http://newyork.wyfxco.com/Instructio...-Translate.png

http://california.wyfxco.com/Instruc...rexFactory.pngClick Google Translate Button

http://newyork.wyfxco.com/Instructio...rexFactory.pngChoose Preferred Language from Drop Down List - Cookies will automatically save + load your Favorite Language
  • #200
  • Jul 7, 2014 6:48pm Jul 7, 2014 6:48pm
Quoting ongpchye
{quote} Hey Wyfx, I installed the 5Nitro+. Would like check with you few things:

3. Is iDrag still available? I find it interesting & would like to use it.

Cheers. - Eric O.
@ongpchye Eric O. - iDrag ... move TPs directly on chart

I noted somewhere else here @FF in another post that "I-Dragged" iDrag into the Recycling Bin when Metaquotes finally gave it to us natively back in the Spring of 2013.

iDrag had to be an EA because it dealt directly with positions. So it had problems because of this, because of all the inherent problems that come along with that EA button needing to remain pressed and the problems caused by slight loss of network connections.

As shown in that older NITRO+ video on YouTube + Vimeo, there were also problems with getting the new modified TPs to take. iDrag was used in that video because this is the only way I could possibly trade the way I do.

There is no way I would even contemplate managing 20-70 open positions multiplied by 30-60 different pairs/CFDs without the ability to move TPs directly on the chart. I would not even trade at all if I could not trade directly on charts.

------------------

But, this new MT4 version is great. It is perfect. It does not require the EA button to be pressed. My TPs no longer disappear upon the slightest loss of network connection needing iDrag to then be reloaded on every single chart or reloading the template.

The only advantage iDrag had over this new MT4 version was that I could differentiate the colors for TP and SL and Buy/Sell Stops and Buy/Sell Limits. The width could also be changed and made solid like shown in that video ... but who cares?

Reliability and glitch-free is #1
0 traders viewing now