The Probability Meter |
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For Use on MT4
platform only
How to decrypt the
Probability Meter values?
1. Multi-Info+ : Example: 7-2, 9-3 etc for a strong Up trend . 0-5, 2-8 etc for a strong
Down trend. 75-80% is a good point for
triggering a trade.
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Disclaimer - Commodity Futures Trading Commission: This website is neither a solicitation nor an offer to Buy/Sell Forex futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. NFA Required Disclaimer: Forex trading may not be suitable for all customers. Forex trading involves a substantial risk of loss. Simulated conditions may differ from real conditions and traders should not necessarily expect the same results from live trading. DISCLAIMER: The information on this site is for educational purposes only. Forex trading is a risky business!
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The Probability Meter I mainly use the color and direction of the 2 bottom boxes which house the arrows. Also, I look at the Multi-Info +. If it's red and above 75, that's a very strong down trend. If it's green and above 75, that's a very strong up trend. I first look at the H1, H4 and Daily for present trend. I then use a combination of M1, M5 and M15 for my trades. If you want the most successful trades, trade only in the direction of the trend in a longer trend chart....don't attempt to counter-trade against the prevailing longer term trend. Because the screenshots are squeezed too narrow for this webpage, you can't see the % Probability. The MegaTrend Indicator is the green price line for uptrend and hot pink line for downtrend. The Sniper's CCI Trigger is in the window below the charts, it's a crossover for trend change and is used in conjunction with the MegaTrend for detecting present trend. If you order, you'll receive these two trend indicators plus the support and resistance indicator, and a tutorial, as a bonus. Here is where I start my trading session: the 1 hr chart on the far left, the 4 hr chart in the middle, the Daily chart on the right. You can see that the price has stalled and is consolidating in the 4 hr chart (2 red arrows pointing down), but is in an uptrend on the 1 hr and Daily charts (2 green arrows pointing up). To see charts in a bigger screen click the chart below and maximize:
Here is a setup for day trading in 5 & 15 min and 1 hr charts. To see comments and charts in a bigger screen click the chart below: Here is a setup for swing trading in 15 min & 1 hr and 4 hr charts. To see comments and charts in a bigger screen click the chart below:
I find the Probability Meter a great visual tool for any style of trading. The Probablity Meter works on these 12 pairs: EURUSD-GBPUSD-AUDUSD-USDJPY-USDCHF-USDCAD-EURJPY-EURGBP-EURCHF-EURAUD-GBPJPY-GBPCHF
UPDATE! AUDJPY-NZDUSD-NZDJPY-AUDNZD-CHFJPY-EURCAD-AUDCAD and new features: » Alert pop up and email settable at your preferred trigger » Users can change colors: text, lines and values » Users can display only a tiny "values-box" instead of the big box » Auto-detect for IBFX mini customers
As we all know 20 pips a day with 1 standard lot is $50K a year. I do trade this live and have had 50 to 100 plus pips just plucking 12-15 pips here and there.
I am taking orders for FerruFX. If you are interested in purchasing, the price is 69 Euros via PayPal. To see how much that is in a different currency, please click here to visit a currency converter:
CLICK HERE TO RETURN TO THE ORDER PAGE
IMPORTANT:
Your
Probability Meter will be emailed to you as an attachment with
instructions within 48
hours.
All support/technical questions for the
Probability Meter should be emailed
to FerruFX.
( *support @ MT4Enhanced.com*
)
As a last resort, you can email me:
support @ daytradeforex.com I
hope you enjoy this forex trading tool as much as I do, and I hope it brings
you many pips! Happy Trading!
Cynthia
Author of 4 Forex Training E-books: http://www.daytradeforex.com/products.htm
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This risk disclaimer is meant to inform the purchaser of
the potential financial risks of engaging in foreign
exchange trading. The transaction of such financial
instruments known as forex, fx, or currency, and dealt on a
valued basis known as 'spot' or 'forward', 'day trading' and
'option', can contain a substantial degree of risk. Before
deciding to undertake such transactions, a user should
carefully evaluate whether his/her financial situation is
appropriate for such transactions. Trading foreign exchange
may result in a substantial or complete loss of funds and
therefore should only be undertaken with risk capital. The
definition of risk capital is funds that are not necessary
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analysis on potential expected market movements contained
within this Ad are not to be considered necessarily precise
or timely, and due to the public nature of the Internet, I
cannot at any time guarantee results. Trading online, no
matter how convenient or efficient it may be, does not
necessarily reduce the risks associated with foreign
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towards any customer, member or third party, acting on such
information contained on the website as to the accuracy or
delay of information such as quotations, news, and charts
derived from quotations. By reading this website or
ordering the Probability Meter, you agree to hold harmless FerruFX,
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from any losses, trading or otherwise.
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