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Forex Probability Meter - NITRO+

  • #241
  • Sep 4, 2014 9:24pm Sep 4, 2014 9:24pm
I am interested in nitro + for purchase. When I go to the website and click on download version 5 for purchase is that
the complete system. It was my opinion that in the past the price was considerably higher than the price listed for
purchase with version 5.
  • #242
  • Sep 5, 2014 1:32am Sep 5, 2014 1:32am
Quoting Wyfx
{quote} Thank You Adam (and thank you guilherme) Will be available from middle London thru New York close if you need any help. But not around NFP though.
Thanks, will be looking at it this morning on London Open
Pip Goes The Weasel
  • #243
  • Sep 5, 2014 1:34am Sep 5, 2014 1:34am
Quoting biganc
I am interested in nitro + for purchase. When I go to the website and click on download version 5 for purchase is that the complete system. It was my opinion that in the past the price was considerably higher than the price listed for purchase with version 5.
Yes you get all as mentioned in post 1 or on the website, good price for such a highly complex indicator.
Pip Goes The Weasel
  • #244
  • Sep 5, 2014 9:36am Sep 5, 2014 9:36am
Loving the indicator, such powerful stuff, gives you a whole view on any market. One question some of the indicators as pointed below are not showing any data, it has been running for 6 hours or so?
Attached Image
Pip Goes The Weasel
  • #245
  • Sep 5, 2014 6:04pm Sep 5, 2014 6:04pm
Quoting adrazz
Loving the indicator, such powerful stuff, gives you a whole view on any market. One question some of the indicators as pointed below are not showing any data, it has been running for 6 hours or so? {image}
Adam - that is exactly it. To be able to quickly gain a 'whole view' with just a glance. This has an even greater benefit when trading from an assortment of 30-50 pairs and CFDs.

And after staring at multiple meters for a few weeks or so on different pairs and in different situations, it will begin to also provide a 'relative view'. Especially when used together with a clock knowing what session it is and what segment within that session, like early New York or late New York for example.

►Those indications pointed to in your illustration are 'No Clear Trend Direction', or rather 'Sideways' or 'Choppy'. If the meter is displaying on your chart, it has all needed data. If there is not enough data in your History Center, "5N+ More Data Needed" will display in its place like you probably saw when first installing.

Like noted in a previous post, the (20) indicators inside of TITAN3 are binary. There are 2 possible points awarded. They give either a +1 point or -1 point. Such as RSI above 50.0000 or below 50.0000

But within the bottom four boxes like in your illustration, there are a total of 3 possible points awarded:

  1. +1 point for trend Up
  2. 0 point for trend Sideways or No Clear Trend Direction
  3. -1 point for trend Down

For Example, the top MACD Box only receives a +1 point and displays an Up arrow if two criteria are met. MACD needs to be above 0.0000 + MAIN needs to be above SIGNAL .... both combined signifying of course that MACD is strong + strengthening.

If only one of the two criteria are met, such as MACD is strong + weakening, then this results in 0 points given.

You will often see these 4Boxes all display this sideways graphic and the entire 6Box column turn gray towards the end of the NY session after equity has closed when momentum begins to subside and volume vanishes. Also during other time of low volatility like we have seen all Summer .... that is up until yesterday finally!

  • #246
  • Sep 5, 2014 6:17pm Sep 5, 2014 6:17pm
Quoting biganc
I am interested in nitro + for purchase. When I go to the website and click on download version 5 for purchase is that the complete system. It was my opinion that in the past the price was considerably higher than the price listed for purchase with version 5.
Price was increased to +$1000.00 from January 2014 through June 2014 to reduce number of weekly sales so that coding could be focused on. 80% of customer support is needed within first 3 days
  • #247
  • Sep 5, 2014 6:32pm Sep 5, 2014 6:32pm
Quoting Wyfx
{quote} Price was increased to +$1000.00 from January 2014 through June 2014 to reduce number of weekly sales so that coding could be focused on. 80% of customer support is needed within first 3 days
Thanks for the response. I'm in soon.
  • #248
  • Sep 6, 2014 3:32am Sep 6, 2014 3:32am
Quoting Wyfx
{quote} Adam - that is exactly it. To be able to quickly gain a 'whole view' with just a glance. This has an even greater benefit when trading from an assortment of 30-50 pairs and CFDs. And after staring at multiple meters for a few weeks or so on different pairs and in different situations, it will begin to also provide a 'relative view'. Especially when used together with a clock knowing what session it is and what segment within that session, like early New York or late New York for example. ►Those indications pointed to in your illustration...
Thanks for the reply, brilliant stuff. Have been reading through the complex material on the website, I dread to think how much programming time went into this as it is so complex, also like the clear chart, you mention the boxes greying out at the end of a session and they have done that. Looking forward to using this going forward and as you say the markets should start seeing a lot more volume from next week!

Did I see you mention somewhere about a trade manager?

Cheers for all the info.
Pip Goes The Weasel
  • #249
  • Sep 7, 2014 12:39am Sep 7, 2014 12:39am
Quoting Wyfx
{quote}Then your post yesterday was referring to the end of Friday after NY equity had closed for the week ... is this right? 1 2 3 4 means M1 M2 M3 M4 ... is this right? As stated on the website, 5NITRO+ was coded for London and New York. It was coded for normal volume and normal volatility.
i need Renko download for my new MetaTrader 670 anyone listening

{image}


i do not know but yes i mean m1 m2 m3 4 but i do not understand any of this reply to me???
I have been understanding that it was like this 5nitro was made for this time because it is a best download for this whole time and this whole last week. but i "do not understand???" what it means in this reply about rsi 50.00 and binary options or how this makes my meter jumpy when it is not in this time you say to me. Is this meaning titan III box is only best for banary options in this time and not Forex or you buy binary call options when Rsi is up over 50.000 when this meter jumps 5%
  • #250
  • Sep 7, 2014 7:49am Sep 7, 2014 7:49am
Quoting demateo
{quote}i need Renko download for my new MetaTrader 670 anyone listening {image} i do not know but yes i mean m1 m2 m3 4 but i do not understand any of this reply to me??? I have been understanding that it was like this 5nitro was made for this time because it is a best download for this whole time and this whole last week. but i "do not understand???" what it means in this reply about rsi 50.00 and binary options or how this makes my meter jumpy when it is not in this time you say to me. Is this meaning titan III box is only best for banary...
What time frame do you gamble on binaries? You would be much better of trying trading on higher time frames. Things will always jump around on a 1 minute based on all the noise.
Pip Goes The Weasel
  • #251
  • Sep 8, 2014 3:11am Sep 8, 2014 3:11am
Quoting adrazz
{quote} What time frame do you gamble on binaries? You would be much better of trying trading on higher time frames. Things will always jump around on a 1 minute based on all the noise.
Adam - you know he's never mentioned binary option trading before here or in emails.

The only thing I can think of is that he is confusing my use of the term 'binary' with bins.

I used it to describe the twenty indicators inside of T3 giving either a +1 or -1 result in a previous reply to him based on, for example, RSI hovering around >50.000 or <50.000 during low volume + low volatility .... hence a binary result .... like 00 or 01

.... must be lost in translation.


I'll answer trade manager question after while
  • #252
  • Sep 8, 2014 3:30am Sep 8, 2014 3:30am
Quoting Wyfx
{quote} Adam - you know he's never mentioned binary option trading before here or in emails. The only thing I can think of is that he is confusing my use of the term 'binary' with bins. I used it to describe the twenty indicators inside of T3 giving either a +1 or -1 result in a previous reply to him based on, for example, RSI hovering around >50.000 or <50.000 during low volume + low volatility .... hence a binary result .... like 00 or 01 .... must be lost in translation. I'll answer trade manager question after while
I never thought about that, good point as you say probably lost in translation, still better to look at higher timeframes too much noise on 1 min or so.
Pip Goes The Weasel
  • #253
  • Sep 8, 2014 8:00am Sep 8, 2014 8:00am
1 i have not been trying binary broker with my 5Nitro. I have tried months before the past last year with only 470 but have 100 in my
account now and will i try again best is high time expires like Adam have been replying to me. I have used currency meter and Ferrufx meter for 5 and
not most 15 expire only. I am knowing now everything afterwards about this Rsi 50.0000 and there is 2 points only from researching this website on
saturday
-2. how do I turn ALERT/ON Steven for 60% for this on screen box and have no speaker but i do not need to turn off computer speaker volume
and i need ALERT/On for MATRIX 7 8 9 10 11 12 POINT in my same box
  • #254
  • Sep 9, 2014 3:58pm Sep 9, 2014 3:58pm
Attached Image (click to enlarge)
Click to Enlarge Name: 59001439650989046dsc.PNG Size: 116 KB

how do I turn ALERT/ON Steven for 60% for this on screen box and have no speaker but i do not need to turn off computer speaker volume
and i need ALERT/On for MATRIX 7 8 9 10 11 12 POINT in my same box

I am a new customer Steven
  • #255
  • Edited 7:12am Sep 11, 2014 7:08am | Edited 7:12am
Quoting demateo
{image} how do I turn ALERT/ON Steven for 60% for this on screen box and have no speaker but i do not need to turn off computer speaker volume and i need ALERT/On for MATRIX 7 8 9 10 11 12 POINT in my same box I am a new customer Steven
That Message Box sound is not part of 5N+ and neither Indicators or EAs can control it. Your MT4 platform settings control it. MT4 Toolbar >> Options >> Events and you can disable all sounds.

I suspect you do not want to turn off all sound notifications such as News, Connect, Disconnect so the only other option would be to create or download from somewhere a blank or muted .wav file and copy it into the Sounds Folder of your C:\ Program Files >> Metatrader Broker. Then in your platform options, select this blank or muted .wav file to play for 'Alerts'.

But, this annoying sound that plays with Message Box is a top reason why a few more alert options were added for this 5N+ version.

There are four Alert options within 5NITRO+:

  1. No Alert
  2. Audible Only
  3. Print to Terminal Log
  4. Message Box


►Summary - there are 2 options to get rid of just the Alert sounds while retaining all other notification sounds of your platform:

  1. Keep Using Message Box but mute its associated sound = install a blank or muted .wav file and select it for 'Alerts' in your platform options.
  2. Do Not Use Message Box or its associated sound = go into 5N+ and select #3 'Print to Terminal Log' from the drop down list.



You want the Alert to trigger at 60% instead of the default 50%? Set the GLOBAL% Alert to 60.

There are no alerts for certain number of matriXx dots illuminating. I guess that is a good idea for 6NITRO+ ... thank you.

I don't think Adam was promoting higher TF, longer expire binary options for you to give it another try with ... just higher TFs in general I'm pretty sure.

  • #256
  • Sep 11, 2014 7:28am Sep 11, 2014 7:28am
Quoting adrazz
{quote} Thanks for the reply, brilliant stuff. Have been reading through the complex material on the website, I dread to think how much programming time went into this as it is so complex, also like the clear chart, you mention the boxes greying out at the end of a session and they have done that. Looking forward to using this going forward and as you say the markets should start seeing a lot more volume from next week! Did I see you mention somewhere about a trade manager? Cheers for all the info.
A 'Trade Manager' EA called iDrag was used in that YouTube / Vimeo video. This allowed TPs SLs TSs Limits and Stops to be dragged directly on the chart. It was never for sale or offered free because it was glitchy. It was glitchy because it was an EA and often acted weird like EAs do. In the Spring of 2013 this same but more reliable functionality was added to our MT4 as a new feature of One Click Trading.

I was afraid that spike in volatility last week would be short-lived and would just end up being an ECB anomaly. I'm afraid this might be true. I am really hoping for that overdue global equity correction to get things rolling here. Historically late September October is really when volume begins to return fully I think.

It has now been a whole week and we have yet to see the slightest EURUSD retracement attempt back to 1.34 or even 1.31 to destroy all these weak handed shorts.

I just read the other day on Forex Magnates that FXCMs q2 gaap revenues were down something like 30% yoy ending in May.
Quote
FXCM CEO - Volatility in the currency markets is currently at lows only seen twice in the past 20 years
Quote
FXCM CEO - In the second quarter of 2014, volatility in the currency markets hit all-time lows with FXCM seeing retail customer volumes the lowest they have been in years
  • #257
  • Sep 11, 2014 7:47am Sep 11, 2014 7:47am
Thanks for the info.

When I mentioned higher timeframes, it is as you mentioned higher timeframes in general show a much better less panicky picture.

Do they give any reason for the volatility being so low, we are seeing some HUGE trends with only small retracements.

Below is quoted from an article on seeking alpha.

Quote
The volatility dropped to levels lower than any in the 21 years in the currency volatility index has been calculated. Last quarter, I said that the first three months of this year were the worst trading conditions I had seen in the 15 plus years I have been in this business, and I need to revise that statement that Q2 was much worse.
Pip Goes The Weasel
  • #258
  • Sep 11, 2014 9:34pm Sep 11, 2014 9:34pm
this all worked and i want terminal alerts only so very good, what do you think of having 60 because i only want the bset setting
I sent you a new email can i share 5n+ how many times?
  • #259
  • Sep 11, 2014 9:38pm Sep 11, 2014 9:38pm
Quoting demateo
this all worked and i want terminal alerts only so very good, what do you think of having 60 because i only want the bset setting I sent you a new email can i share 5n+ how many times?
What do you mean by share ?
  • #260
  • Sep 13, 2014 8:44am Sep 13, 2014 8:44am
i need to share with Ea programmer on factory forum who is make this ea with renko so can i send my download page because I have 7 downloads left here? He is not answer my email today and i am new customer
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