Disliked{quote} BINGO.....Bug solved....now all numbers are correctly stored...... have a nice weekend! {image}Ignored
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
If Audible Alert:
Alerts come when first breaching user-adjustable percentage trigger (default 50%). Then, at the close of each bar if percentage remains above trigger.
So if meters are loaded on an M30 chart, alerts will come every 30 minutes.
If greater alert frequency desired such as every 1 minute or 5 minutes, change chart periodicity to M1 or M5. Then, select time frame for meters to calculate from the 5N+ drop down list - M1 M2 M3 M4 M5 M6 M10 M12 M15 M20 M30 H1 H2 H3 H4 H6 H8 H12 D1 WK MN
DislikedGOLD in 1H chart today drop from 1357 to 1342 ....is a big drop in price... but the nitro 5 indicator is still showing a 15% rising probabilityIgnored
... or even better, add additional meter(s) with these additional reduced settings providing an even wider perspective with more information. Albeit with some overlap.
View The Formula Page for full breakdown of time frame weighting coefficients
Disliked.. $15 is 1500 pips for me...means a few thousands dollars ....is a big move less for me ...Ignored
Disliked{quote} kentsos - nice job loadin multiple meters Right, $15 is 1500 pips for you .... and so $300 is 30,000 pips .... which means a many more thousand dollar uptrend for Position Traders over last 6-7 months. Traders who might not have wanted their tool to shout "I KNOW YOU'RE UP 300 IN GOLD ... BUT IT'S DOWN 15! ... SELL! SELL! ... DUMP IT ALL!" Perspective is infinite so the number of meters + time frame + setting combinations are nearly infinite. ►Gathering you are intraday looking for that H1 area to be your higher time frame guide. So...Ignored
DislikedIs this histogram/plotting version of the indicator available for paid users? I haven't got any info through email regarding nitro+ in a long time, I am using version 5 but probably the earliest one. Thanks.Ignored
5N+ is Dynamic. This article @ mql5.com helps explains why it is impossible to plot dynamic indicators or run in strategy tester. They also created a non-trading EA to help try and do so. But its additional MTF properties makes it additionally impossible.
You gave the good suggestion before to at least pull the % value from bar closes to plot ... but the same limitations apply. There are no N+ values stored anywhere within the platform ... except dynamically in real time from the object itself
- thanks faze
DislikedGOLD. in 1H chart today drop from 1357 to 1342 ....is a big drop in price... but the nitro 5 indicator is still showing a 15% rising probability why is that ?Ignored
Disliked{quote} kentsos - 5N+ GOLD had been quicker recently to give short bias for this M20-H1 area. Think of 5N+ operating more with a 'ratcheting effect' rather than linearly increasing/decreasing as it mirrors price action exactly. The latter is how most all other indicators function and what most traders are familiar with I think. Especially most all other indicators that are not using multiple time frames like are being calculated here.{image}Ignored
DislikedUnderstood, should mt5 be forced upon us would you plan to have the code updated? I ask because of the discussion over in platform tech http://www.forexfactory.com/showthread.php?t=615209Ignored
Ever since one of my brother's cyprus brokers turned on hedging/turned off FIFO in MT5 this past July it became real and so became a priority. A priority to at least get the engine going. We have a version that needs cleaning up but the core engine calculates identical.
The other real kicker for me is the 'Close By' orders which are fantastic. Only ever been able to do this on MT4 thru our Dukascopy bridge w/ fairtrading.
I personally intend on using this core N+ engine, in whatever skin it might be wrapped in, for many years to come.