The Probability Meter

 

 

 

 

How to decrypt the Probability Meter values?

All values and colors have to be watched 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 (%) have 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 triggering a trade.
 

 

All EA's should be run in a Virtual Private Server (VPS) so that in case you lose your electricity, your EA's will continue to run uninterrupted.

 After trying several VPS companies, I've finally settled on the best:

CNS

You want to choose the Trader's Virtual Desktop

 

 

 

U.S. Government Required Disclaimer - Commodity Futures Trading Commission:

Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Don't trade with money you can't afford to lose.

 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!

 

The Probability Meter

The Probability Meter gives the most probable way where the trend is going. Because it is based on current feed and is updated each coming tick, this is a great tool for scalping or short term trading style.

The global result in percent (%) is calculated with a strong formula according to a combination of price action, 13 standard indicators on 7 timeframes and 2 additional indicators ... your 2 preferred mq4 trend indicators will be coded inside your personal Probability Meter.

Ferru's probability meter is a tool that doesn't require a lot of screen time use with it to get the "feel" for trades setting up. With all the info the meter gives and with your other confirming methods, 20 pips takes sometimes minutes to bank when you wait for the signals.

I'm really excited about the FerruFx probability meter and wanted to share how I use it to make pips ever since I received my copy with my 2 chosen indicators and my personal settings.

I mainly use the color and direction of the 2 bottom boxes which house the arrows. 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 I'm trading just sells, I will enter on red boxes with arrows pointing down. The M1 will give me a heads up if the move is about to retrace when the red arrow turns green followed by the M5 and M15 and I take an exit from the M1 if M5 and M15 red arrows turn orange. I admit I jump the gun sometimes and get a snap back and lose out on a few pips but still by then I have 12+ pips.  I also play an EMA cross of the 5 and 8 and if I have angle and separation on the M15 I will often wait out the M1 retracement and wait for price to continue on it's downtrend.

If you want to take a position trade on the higher timeframe like H4, you can observe the M30, H1, H4 and take your trade when all 3 timeframes have all red/green in the boxes and arrows pointing the same way.  Moves of 100+ pips are not uncommon from the boxes all agreeing.

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!
7 new pairs added:

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.

 

CLICK HERE to see some chart setups for swing trading and scalping.

 

 

BONUS!

When you purchase, included will be the mq4 files for both of my favorite Indicators that you may or may chose to be coded into your personal meter.  I'll also give you the Support & Resistance file for your MT4 charts.   And I've written a short tutorial of how best to use the Probability Meter.  All of this is yours when you purchase!  This is one of the easiest trading setups for directional trading that you'll ever find....Order Now!

 

I am taking orders for FerruFX.  If you are interested in purchasing, the price is normally 69 Euros via PayPal.  To see how much that is in a different currency, please click here to visit a currency converter:

http://www.xe.com/ucc/

SPECIAL SALE TO TAKE ADVANTAGE OF THE LOW EURO!

ONLY 59 EUROS!  SPECIAL OFFER FOR A LIMITED TIME!

Please click the PayPal buy button below and then follow the instructions below.

By filling out Step 2, I'll be able to send you my short tutorial for the Probability Meter and the bonus indicators.

 

Step 1:

NOTE:  you do not need a PayPal account to pay via PayPal...you only need a credit card or debit card

  Terms and Condition of  Purchase:  We will NOT refund anyone for any reason! 

Please type your name and email address HERE ------------------->  and agree to the purchase conditions

 

Step 2: 
:
:
:

Thank You for ordering FerruFX's Probability Meter!  I know you will love it!

Please look for an immediate email reply in your inbox/spam/trash folders and click the confirmation link inside the email. 

 

NEXT STEP INSTRUCTIONS:

Email ( *Support @ MT4Enhanced.com* ) your PayPal confirmation payment receipt and the 2 trend
indicators (mq4 files) you want to be coded inside the Meter with your personal
conditions for define up and down trend (example: zero line cross, price
below ma, etc …)  If the indicators are standard ones in the MT4 platform, you don't
need to send files. 

TIP:  if you aren't sure which trend indicators you should send, just tell him to use:

FX_Sniper's_Ergodic_CCI_Trigger.mq4  and  MegaTrend.mq4

(these are the ones I use)

 

IMPORTANT:
 Provide the platform account number where you want to use the
 Probability
Meter.  It can only be used on this account.

Your Probability Meter will be emailed to you as an attachment within 48 hours.

All support requests for this indicator should be sent to Support @ MT4Enhanced.com

 

I hope you enjoy this forex trading tool as much as I am, and I hope it brings you many pips!

Happy Trading!

Cynthia

Author of 4 Forex Training E-books: http://www.daytradeforex.com/products.htm

The Day Trade Forex Team

We are the Forex Training Leaders, since 2003.
A combined 55 years of trading experience.


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DISCLAIMER: 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 to the survival or well being of the user. Opinions and 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 exchange trading, and I do not accept any responsibility 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 MT4Enhanced, Day Trade Forex LLC, Cynthia Macy, and Cynthia-Recommends.info or any other affiliate or associate from any losses, trading or otherwise.

 

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