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Forex Probability Meter - NITRO+

  • #381
  • Jun 17, 2015 6:05pm Jun 17, 2015 6:05pm
yeah?
  • #382
  • Jun 18, 2015 2:01am Jun 18, 2015 2:01am
Quoting vasalahaimer
{quote} I need to see 5m heat exactly like this from starting 2 hours ago however
vasalahaimer - This?







5NITRO+
  • #383
  • Jun 20, 2015 5:13am Jun 20, 2015 5:13am
Quoting Wyfx
{quote} vasalahaimer - This?
Yes and no! I need this the same but I need this for 5m quick option from right in the morning at the start. 3 side by side?
  • #384
  • Jun 21, 2015 6:38pm Jun 21, 2015 6:38pm
Quoting vasalahaimer
{quote} Yes and no! I need this the same but I need this for 5m quick option from right in the morning at the start. 3 side by side?
Why? I do not understand. Are you a customer? A customer asking how to arrive at said M5 config?

No names/paypal addresses dating back to 2009 resemble Vasalaheimer/Haimer/Vasala

In any event, these correlation heatmaps are in the right-click templates list under '5N+ 28 Pair Drag & Drop ....' or these specific mods were attached the other day.
  • #385
  • Jun 22, 2015 5:07pm Jun 22, 2015 5:07pm
NOT a paypal customer since 2009? I need a free trial to see the profits. You don't let us have a free trial I need you to show the profits for me on a M5 quick setting from your sales site. I think I found a better dashboard install from http://www.forexfactory.com/showthread.php?t=532236 free so prob not needing this anymore but thanks.
  • #386
  • Jun 22, 2015 5:18pm Jun 22, 2015 5:18pm
Quoting vasalahaimer
NOT a paypal customer since 2009? I need a free trial to see the profits. You don't let us have a free trial I need you to show the profits for me on a M5 quick setting from your sales site. I think I found a better dashboard install from http://www.forexfactory.com/showthread.php?t=532236 free so prob not needing this anymore but thanks.

Are you serious ? You need to get lost. This is what you need. No one need to prove you anything. No one need to give free trial of a tool that was exausted tested and talked about.
And for the last time this is a TOOL, not a signal provider.
You still need to use your brain. Wich seems is not a big one.
Yes.... go there and use those dash boards. Iīm sure when you receive a signal the trend will turn.
If you canīt understand one single tool, I bet that dashboard, or even a basket trade (if you know what it is). LoL
  • #387
  • Jun 22, 2015 5:31pm Jun 22, 2015 5:31pm
Know what a basket trade is and no I know this is not signals. I am along with alpari.uk so still waiting for my check since jan! No trials this means I have to wait for this check before I can download this? Hope you get my problems now, sorry.
  • #388
  • Jun 24, 2015 5:48pm Jun 24, 2015 5:48pm
Quoting vasalahaimer
... I need you to show the profits for me on a M5 quick setting from your sales site. I think I found a better dashboard install from http://www.forexfactory.com/showthread.php?t=532236 free so prob not needing this anymore but thanks.
This is the exact reason those heatmaps were posted in the first place. It wasn't done for fun or out of boredom. They do the job of showing intraday progress of all majors against themselves. There are always emails requiring similar "before they will buy". Now, an adequate response only requires a link to those posts.

The roughly ~ exact UTC time was included atop each screenshot so it can be matched to the default Metatrader time on the charts. Open the three separate charts in three separate tabs to view progress like shown below in the animation:
http://egypt.wyfxco.com/ForexFactory...GRESS-TABS.gif
Attached Image
  • #389
  • Jun 25, 2015 5:44pm Jun 25, 2015 5:44pm
I see then I understand how to do it with my browser and I did this many times to check prices in all pairs I am trading now before I asked for 5m so. I just need to have 5m but I didn't think this would make any problems; sorry. I understand this better now so I hope you guys understand my problems with alpari.uk now and it is a major ordeal for me. I need to know if price will go up before 2 weeks from now because it has gone up Ģ13.71 since this 2 weeks ago and since yesterday because I check this everyday and it just goes up?
  • #390
  • Jun 26, 2015 1:13am Jun 26, 2015 1:13am
Quoting vasalahaimer
I need to know if price will go up before 2 weeks from now because it has gone up 13.71 since this 2 weeks ago and since yesterday because I check this everyday and it just goes up?
Not really a big deal, but some new customers (indo+malay+thai+singapore+philippines+hong kong+india+sri lanka) for whatever reason will download it a bunch of times from their download page right after checkout. As if it is not realized they can just make 1,000,000,000+ copies from the single 1st download.

Again I could care less it is not the point, but these duplicate 8+ downloads screw up certain parts of the conversion analysis, especially for Google AdWords. So we try to raise the price after each sale so then each sale can be better differentiated.

►So yes, if you really have been checking the price every day, it is going to continue this same upward trend by a few pennies each time.
  • #391
  • Jun 30, 2015 12:32pm Jun 30, 2015 12:32pm
Hi Wyfx,
I noticed on the Megatrendfx.com website, that you do not recommend using the 5Nitro tool with the monthly
charts (see extract below) :-

5N+ not recommended for use on 1 Month charts due to the lack of tick data supplied by most Metatrader 4
Brokers. More info about (lack of) MN data listed further below.

End of extract
----------------
I have developed a weekly trading system that benefits very well from the monthly TF as a confirmatory signal
to the W1 signals.

I understand what you are saying regarding the potential lack of the required minimum 150 bars of historical
data from some brokers, where the monthly timeframe is concerned, but I feel it is a pity to officially
recommend that this timeframe is not to be used, on your website, as I believe that it has the potential to
bring a tremendous benefit to many trading systems, including my own.

In fact, the potential lack of sufficient broker historical data for the monthly timeframes can be fairly
easily overcome by importing it from a broker that does have the required, or greater than required data. In
my own case I trade with Oanda, but I have easily obtained sufficient historical monthly data for all 28 major
pairs from FXCM, where 151+ bars of monthly data are freely available from any demo account.

I would appreciate your comments on this, and to know if you would reccomend using it once the bars of data are available.

Thanks
Nick
  • #392
  • Jul 1, 2015 1:41pm Jul 1, 2015 1:41pm
Quoting ClearSkies
do not recommend using the 5Nitro tool with the monthly charts ... can be fairly easily overcome by importing
Yeah really, like you suspected probably, this is more of a lowest common denominator thing since the user base is wide ranging and the installed broker base is wide ranging. In other words, this 'easy solution' of importing data is 'not so easy' when the entire process has to be explained through an email chain.

Yep, could definitely see monthly data being important for a Weekly momentum strategy. I do not see it as necessarily beneficial though for Daily strategies. And I do not even use the meter for Weekly mean-reversion.

So because Daily has been the absolute max for any potential users, eliminating monthly data altogether except when loaded on monthly charts has been the correct decision. At least support-requirement-wise.

In other words, I have come across the word 'Daily' from users maybe 3-4 times since 2010. I have come across the words Weekly or Monthly ... maybe zero (0) times since 2010.
  • #393
  • Jul 1, 2015 2:01pm Jul 1, 2015 2:01pm
Quoting ClearSkies
do not recommend using the 5Nitro tool with the monthly charts
►But, multiple meters can be displayed on the same chart. Like adding an additional MN meter, for example.

Like in the example below. But instead of the 2nd bottom meter displaying the alternative more responsive Reduced Time Outlook as pictured in this example, it can instead have the time frame setting changed to MN:
Attached Image (click to enlarge)
Click to Enlarge Name: DISPLAY-2ND-MONTHLY-NITRO-METER.png Size: 108 KB
  • #394
  • Jul 2, 2015 12:50pm Jul 2, 2015 12:50pm
Thanks for answering my question, much appreciated. Look's like I'm a pioneer of this system style then!

I believe that higher timeframes in general are much more consistent, more profitable, and much less work / time sitting in front of a screen...in theory :0)

I would also be interested to know what constitutes 'first time' through the 50% Nitro+ Probability reading on the higher timeframes - weekly and monthly, and what resets it?
On the website, you define 'first time' thus :-

On chart time frames H1 and lower, and traders that never hold positions overnight or longer than a total of two sessions; First time is considered here from London Open through New York Close.

However, for Nitro+ loaded onto the weekly and monthly charts, most trades will last for days, weeks, or even possibly months.

So, if the Nitro+ weekly or monthly percent reading starts at say zero, then proceeds to rise steadily over subsequent days & weeks,up through the numbers, and passes 50 to trigger a signal, then carries on up to 90 or 100, before falling back - how far would it need to drop below 50 for it to be considered 'first time' again ?
  • #395
  • Jul 2, 2015 1:58pm Jul 2, 2015 1:58pm
Quoting ClearSkies
I believe that higher timeframes in general are much more consistent, more profitable .... However, for Nitro+ loaded onto the weekly and monthly charts, most trades will last for days, weeks, or even possibly months.
Preachin' to the choir about higher time frames.

The excerpt indicates <=H1.
<=H1 intended to differentiate intraday vs non-intraday.

I think there is full info in and around where that excerpt was taken, but maybe it is separated into a different page or something? I don't know. Maybe I'm not even reading your post right. Leavin for holiday weekend but will include some reset+1st time info sun aussie open.
  • #396
  • Jul 7, 2015 4:21am Jul 7, 2015 4:21am
Thanks. You have read my post correctly, but I cannot find any info on your site that distinguishes the reset criteria for the longer-term timeframes ie. W1 and MN
  • #397
  • Jul 9, 2015 3:45am Jul 9, 2015 3:45am
BUILD 845 - When using the new expert presets ending in .set introduced with Build 845 on July 08, remember that the Magic Letters and X/Y coordinates are being saved along with other preferred settings.

So when adding multiple meters to the same chart and loading a preset, the Magic Letter and X/Y coordinates will need to be adjusted before clicking OK.

If the preset was created/saved from a singular meter template or by just dragging 5N+ or 5N+Lo onto a chart, the default first Magic Letter is A.

Make the next meter B, then C, then D, and so on. The MagicLetter(s) can also be words or phrases like Top Right.
Attached Image (click to enlarge)
Click to Enlarge Name: MAGIC-LETTER-DEFAULT-A.png Size: 72 KB

Attached Image (click to enlarge)
Click to Enlarge Name: MAGIC-LETTER-PHRASE.png Size: 72 KB
  • #398
  • Jul 9, 2015 3:53am Jul 9, 2015 3:53am
Quoting ClearSkies
Thanks. You have read my post correctly, but I cannot find any info on your site that distinguishes the reset criteria for the longer-term timeframes ie. W1 and MN
I realize that info is scattered and poorly organized, I apologize.

>H1 first time and resetting is on that same Trading Page 3 under these cascading sections:

  1. NITRO Mode
  2. Reversal is Improbable
  3. First Time
  4. Summary for Non-Intraday

​It alludes that 1st time is not really session dependent for those higher time frames. Since as you know trading these higher time frames or building positions is not really session dependent. If flow is actually great enough to push through 50% convincingly along with correlated ... then something REAL must be happening.

It goes on to mention that resetting or normalizing is less a concern on higher time frames, especially for your weekly and monthly. The data killing Aussie and Asia* have a less polluting effect, percentage wise, on the relativity measurements of the internal relativity indicators. Monthly is technically immune since it does not contain <H8 in its formula.

*this always has to be qualified by excluding the outliers. China equity meltdowns, BOJ surprises, and other Aussie Asia once per month events that cause REAL algos to kick in are not being considered.

Attachment is what was described the other day:

Attached Image (click to enlarge)
Click to Enlarge Name: WEEKLY-AND-MONTHLY-METERS.png Size: 83 KB
  • #399
  • Jul 22, 2015 4:57am Jul 22, 2015 4:57am
Hi Wyfx Team,

I know that nitro+ does not look great on Surface Pro 2.

I've now upgraded to surface pro 3 and with the introduction of Windows 10.

What is your thoughts on the capability for nitro+ to look properly on either surface pro 3 + win 8.1, or surface pro 3 + win 10

Much appreciated!

Miike
  • #400
  • Jul 22, 2015 6:41am Jul 22, 2015 6:41am
Quoting miike
nitro+ does not look great on Surface Pro 2 .... surface pro 3 + win 8.1, or surface pro 3 + win 10
miiiike - the Surface Pro 2 is 1920x1080 right? Has the 3rd increased res even more to maybe 1440?

Because of these high PPIs, the 2nd Surface has zoomed 200% or maybe 150% shipped by default?

Since 1:1 is required (96 DPI) because MT4 does not provide a way to poll machine DPI settings, using an external monitor with either of the Surfaces is the way to go.

8.1 makes it easy to run two separate DPIs thankfully.

►But yes 6N+ has two DPI Zoom options right now, 150% and 200%. But only for the nano modes. The thought is ... at least the main engine will now be better usable by DPI Zoom users without being annoyed with the graphic issues. DPI Zoom for full modes probably not til 7N+

Is Windows 10 going to deal with DPI or the zooming differently than 8.1?
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