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Forex Probability Meter - NITRO+

  • #461
  • Apr 15, 2016 2:26am Apr 15, 2016 2:26am
Still hoping to hear from you.
  • #462
  • Apr 15, 2016 3:19am Apr 15, 2016 3:19am
Quoting synaptium
Still hoping to hear from you.
Synaptium - your patience is appreciated.
  • #463
  • Apr 17, 2016 6:44am Apr 17, 2016 6:44am
OK am waiting
  • #464
  • Jun 9, 2016 7:28pm Jun 9, 2016 7:28pm
Quoting Wyfx
{quote} Synaptium - your patience is appreciated.
i need to know what is the accuracy of 5nitro
  • #465
  • Jun 13, 2016 9:59am Jun 13, 2016 9:59am
Quoting vasalahaimer
{quote} i need to know what is the accuracy of 5nitro
Hi vasalahaimer - thank you for your continued interest in the 5N+ software.
Please explain your needs in further detail.
  • #466
  • Jun 15, 2016 3:22am Jun 15, 2016 3:22am
Quoting Wyfx
{quote} Hi vasalahaimer - thank you for your continued interest in the 5N+ software. Please explain your needs in further detail.
Oh Ok is win/loss percent on m5 on 100 trades over 55% and is accuracy the same onBINARY OPTIONhttp://www.etxcapital.co.uk/
  • #467
  • Jun 17, 2016 2:24pm Jun 17, 2016 2:24pm
Quoting vasalahaimer
{quote} Oh Ok is win/loss percent on m5 on 100 trades over 55% and is accuracy the same onBINARY OPTION
This is not an EA. We are not peddling some type of a signal service deriving signals solely from 5N+ output.

There is a page that discusses what you are seeking at the link below. There are some theoretical accuracy statistics using GBPJPY on each time frame under the section titled Accurate?

  1. N+ GBPJPY Theoretical Accuracy Statistics Here

  • #468
  • Jun 19, 2016 10:14am Jun 19, 2016 10:14am
I understand this but can you explain this to me how to know the accuracy?
  • #469
  • Jun 21, 2016 4:40am Jun 21, 2016 4:40am
Thought maybe the discussion in and around these posts would have explained the 5N+ histogram plotters.

These plotters are NOT AN ON/OFF OPTION within the current 5N+. It's not what it appears.

As guilherme explained, there is no traditional buffer. It is plotting the GLOBAL% from the Object List dynamically. The histogram plots are disappearing or restarting sometimes multiple times per day depending on network connection, platform maintenance reset, randomness.

So, the point was to share with users the same visualization advantage I have had for years in the back of my mind since this was first attempted/failed in 2010 with T2. This initial experience helped guide development. It helped in determining T2/T3 75% and GLOBAL 50% as key levels to then be used as the default NITRO Action levels.

►The hope is to help users gain a better perspective going forward from visualizing how 5NITRO+ tends to respond and react in and around the following key levels:

  1. Positive +100.0%
  2. Positive +50.0%
  3. Neutral 0.00%
  4. Negative -50.0%
  5. Negative -100.0%

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  • #470
  • Jun 21, 2016 4:48am Jun 21, 2016 4:48am
Quoting vasalahaimer
I understand this but can you explain this to me how to know the accuracy?
Vasalahaimer - are you asking how the theoretical GBPJPY estimates were derived at the provided link?

How about this:

  1. Explain how you would calculate 'accuracy' or how it should be calculated
  2. Let's say you were given two similar-type tools for one month to compare. To compare their accuracies as you suggest
  3. So, let's say you were given 5NITRO+ to test its accuracy for one month
  4. So, let's say you were given ABCXYZ+ to test its accuracy for one month


How would you run these accuracy tests to compare the two tools?

  • #471
  • Jun 24, 2016 12:39am Jun 24, 2016 12:39am
Quoting Wyfx
{quote} Vasalahaimer - are you asking how the theoretical GBPJPY estimates were derived at the provided link? How about this: Explain how you would calculate 'accuracy' or how it should be calcul
the meter is on 5m when it shows 50% and I will do this 100 times or 200 is better. your websit shows loss on 5m Gbpjpy
Do you keep these pictures for Gbp yesterday or today?
  • #472
  • Jul 2, 2016 5:15pm Jul 2, 2016 5:15pm
hi. is it paid one or free indicator just now i seen this page.
Success is a Journey Not a Destination....... kind regards ramzam
  • #473
  • Jul 2, 2016 5:20pm Jul 2, 2016 5:20pm
Quoting ramzam
hi. is it paid one or free indicator just now i seen this page.
it is paid. you can check at post 1 the links.
  • #474
  • Jul 4, 2016 11:25am Jul 4, 2016 11:25am
Quoting vasalahaimer
{quote} the meter is on 5m when it shows 50% and I will do this 100 times or 200 is better
Vasalahaimer - it does not matter if you perform this test 100 or 2000000000000 times. This entire 'accuracy' idea is bogus. Therefore basing the purchase decision of any technical trading tool on bogus accuracy statistics or accuracy claims is bogus.

It is closed loop.

This is not an EA. The markets are not a pre-programmed video game existing in a vacuum. Fundamental information is a required variable. A required variable being completely ignored as part of the flawed equation. In the recent case of Brexit as an example, an ignored variable with ~99% influence factor.

More Specifically:
During the past few weeks surrounding Brexit, were you not going to allow any of this new incoming and constantly changing information to be part of your internal decision making algorithm? Or as you concluded success/failure of certain trades?

Furthermore then, what about the 5-8 economic reports released each new day during London thru New York along with Central Bank fodder as we are reminded by the ForexFactory Calendar? Any proper tool that is properly 'accurate' should be able to predict these economic report numbers + Central Bank speeches or meeting minutes?

  1. Failure to predict French PPi equals lack of software 'accuracy'?
  2. Failure to predict Central Bank schemes globally equals lack of software 'accuracy'?
  3. Failure to predict Brexit referendum voting equals lack of software 'accuracy'?

  • #475
  • Edited 3:50pm Jul 6, 2016 3:35pm | Edited 3:50pm
Good idea to get value from object....this is my own experimental indicator to plot GLOBAL value
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  • #476
  • Jul 7, 2016 12:46pm Jul 7, 2016 12:46pm
Template for plotting TF 1M to W1.....
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  • #477
  • Jul 7, 2016 1:36pm Jul 7, 2016 1:36pm
There is a little bug...when GLobal is between 10 and 0 or 0 and -10....indicator plot 0......i don't understand....
  • #478
  • Jul 8, 2016 11:32pm Jul 8, 2016 11:32pm
Quoting guilherme
{quote} it is paid. you can check at post 1 the links.
oh thanks for your reply... and one more doubt i want to ask.. is it work for only pairs .. or work on commodity and equities and stocks and indexes?
Success is a Journey Not a Destination....... kind regards ramzam
  • #479
  • Jul 9, 2016 3:40am Jul 9, 2016 3:40am
Quoting ramzam
{quote} oh thanks for your reply... and one more doubt i want to ask.. is it work for only pairs .. or work on commodity and equities and stocks and indexes?
It works on any instrument. In post #469 you can see some examples. Also we have lots of examples in the other pages.
  • #480
  • Jul 9, 2016 7:28am Jul 9, 2016 7:28am
Quoting metatsock
There is a little bug...when GLobal is between 10 and 0 or 0 and -10....indicator plot 0......i don't understand....
BINGO.....Bug solved....now all numbers are correctly stored...... have a nice weekend!
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