Very constructive post ...

__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
Coding services: Experts Advisors, indicators, alerts, etc ... more info by PM
NEW: video presentation of the Probability Meter ... 24hrs action on the website

And your posts are, its no good just saying yeah it does this and that, shows us man..come on let the dog see the rabbit ......We are grateful for you share your good work, but if we are to pay we have to see current examples please, thats all i ask of you, nothing more..Iam not asking for you to turn water into wine..

Make me believe in a constructive way because youre not exactley installing confidence in us, give us now probability for GBPUSD...

Ok let's go for the G/U current chart (see attached).

All values and colors have to be watch closely:

1. Multi-Info+ : more than 75 (red/green) for strong Up/Down trend

2. Indice Strength : 0-1-2 for strong Down trend, 7-8-9 for strong Up trend, 3-4-5-6 for sideway

3. Currency Pair Range : range of 5 or more between the 2 currencies. Example: 7-2, 9-3 etc for a strong Up trend, 0-5, 2-8 etc for a strong Down trend

4 and 5 : red color for Down trend, green for Up trend and Orange for sideway

The global value in percent (%) has to be watch closely and with experience you will have feeling. This value is the combination of the 5 values listed above. 75-80% is a good point for trigger a trade.

Example of an easy way to trade with the Probability Meter:

Attach the Probability 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.

The chart Below:

As you can see Multi-Info+ and Indice strength have good numbers but the CPR has a small range between the 2 currencies. Then the GBP nor USD is showing more strength than the other. Also the MACD and Stoch on M1 don't agree with others TFs.

In this example, we stay out of trade.

Hope that helps.

FerruFx

Attached Images

gbpusd.gif (32.7 KB, 1328 views)

__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
Coding services: Experts Advisors, indicators, alerts, etc ... more info by PM
NEW: video presentation of the Probability Meter ... 24hrs action on the website

ok thanks..Much appreciated..

You're welcome.

__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
Coding services: Experts Advisors, indicators, alerts, etc ... more info by PM
NEW: video presentation of the Probability Meter ... 24hrs action on the website

For those who had visited the Probability Meter web page today, i have to say sorry. Indeed, a small window (like a webcam or i don't know what) appear on the page. Probably from a small script for website stats I put yesterday. I just remove it and it seems that the window disapear.

Thank you for your understanding.

FerruFx

__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
Coding services: Experts Advisors, indicators, alerts, etc ... more info by PM
NEW: video presentation of the Probability Meter ... 24hrs action on the website

This is a very good remark.

In order to make money you must first have money (suppose you have), and of course you need a broker you can trust. Actually I have a big problem with the second point. May I ask you were are you trading?

__________________
Lot of pips in black.
Searching for professional MetaTrader programming service? Try http://www.mqlservice.net

Personnaly I trade with IBFX for years without any problem ... except the widen spread !!!

__________________
THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!!
Coding services: Experts Advisors, indicators, alerts, etc ... more info by PM
NEW: video presentation of the Probability Meter ... 24hrs action on the website

Is anybody using this "probability meter" from the Forex Store thread here Forex TSD| Metatrader Indicators and Experts Advisors Store and making any money from it?

ES

__________________
Live Portfolio (This takes a while to download as it is a big excel spreadsheet)

I have tried and have had inconsistent results. Based upon the recommended way to use the system my experience is that often you get in on a trade when it is ready to reverse. On the other hand I have had some good results. So again inconsistent.

One problem is that this is not a stand alone system. And the author provides little specific advice on how to use. Consequently, you must test this even more than other systems. I already am testing 50+ systems of my own (and others as they come to my attention).

The author has at times stated that this is best used as a support or confirmation of other systems. Most of the systems I use are mechanized, thus manual confirmation, even if reliable, is not as helpful as I would like or need.

Additionally, with so many indicators and time frames this system can be a resource issue on marginal machines.

In summary, maybe other folks have found a sure fire way to use this system, but I have not and have limited time to do further study. I keep hoping the author will release better info on how to use successfully to help him sell it. Clearly, it has a great look and seems to hold promise.