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hello ferru and nice to know abou your prob.meter.
I have a question, what is the percentage to give right signals for this indi. to catch 10 pips??
I'm sure ferrufx will respond....but thinking of your question what you are asking is completely based on the indivisual skill level...the RIGHT signal is not just based on the prob meter but many other factors that someone new in trading have to learn.
So whatever number he gives it will be based on HIS overall research of where the market is at (he has 10 years of experience trading). Your results may be different.
So it's NOT a magic indicator you still need to be aware of support/ resistance, news, MM, feel of the market.
I use the tool and i so far all the signals were good ones but exiting takes fine tuning.
I'm sure ferrufx will respond....but thinking of your question what you are asking is completely based on the indivisual skill level...the RIGHT signal is not just based on the prob meter but many other factors that someone new in trading have to learn.
So whatever number he gives it will be based on HIS overall research of where the market is at (he has 10 years of experience trading). Your results may be different.
So it's NOT a magic indicator you still need to be aware of support/ resistance, news, MM, feel of the market.
I use the tool and i so far all the signals were good ones but exiting takes fine tuning.
just food for thought
What I can say? Thanks for answering exactly right.
Just a point you may misunderstood somewhere: I don't have 10 years trading experience. I think you talked about the professional trader who post his daily trading journal on FF. He use the tool with great success for scalping.
FerruFx
__________________ FerruFx / www.ervent.net - Professional Coding Services (EAs/Indicators/Alerts)
Hey, partner & friend, CONGRTULATIONS once again! You're doing a great job and valuable contributions to the trading community. Keep it UP and much more SUCCESS to you. The journey was never easy but sure is worth the adventure.
I will be on your side of the world early next year and will definitely hangout with you for a couple of weeks. It wil be your treat on the beach. In the meantime, enjoy these couple of videos in celebration of The Probability Meter's 5th month, your accomplishment, and the trading success of its users.
Thanks for your kind words but it is me that I have to thank you. If I am here today, you have a important part of it for your great support and confidence. Thanks my friend.
I know you are a big fan of Alize! So young but so talented. For those who don't know her, she was put on the scene by Mylene Farmer few years ago.
See you soon in my paradise!
FerruFx
__________________ FerruFx / www.ervent.net - Professional Coding Services (EAs/Indicators/Alerts)
Hi FerruFx
Whether has your indicator a buffers contained indicators data?
For example, Probability parameter.
It is interestingly to investigate your indicator with historical data.
For MQL programmers it’s no necessary to make new indicator, there is enough to get data from iCustom (Probability Meter) (If it is possible)
Hi FerruFx
Whether has your indicator a buffers contained indicators data?
For example, Probability parameter.
It is interestingly to investigate your indicator with historical data.
For MQL programmers it’s no necessary to make new indicator, there is enough to get data from iCustom (Probability Meter) (If it is possible)
The Probability Meter can't be investigated with historical datas. Its calculation is too heavy to enter in a loop.
FerruFx
__________________ FerruFx / www.ervent.net - Professional Coding Services (EAs/Indicators/Alerts)
Hi Ferrufx you wrote: Example how i trade with it: attach the Meter on M15 and the 2TFs below (M5 and M1). First, the 2 additional indicators on the 3 TFs must agree. Then watch the numbers of the 3 others indicators (doesn't matter which TF because the number will be the same). If these numbers are about the ones i suggested in the explanation above, then the Global % would be close to a good entry point. 75% seems to work well but with experience we'll all find our % which we are confortable with.
For exit, when you'll see that the Multi-info+ start to reverse on the 3 TFs. It's the one react the most quickly.
When you have time can you post another chart showing a successful trade using the above method? thank you!
In the meantime, enjoy these couple of videos in celebration of The Probability Meter's 5th month, your accomplishment, and the trading success of its users. 
Linear Mode
