The Probability Meter - Forex Trading PREDICTIVE Custom Indicator

**FerruFx** · 07-16-2008, 00:53

Hi all Forex Traders,

I am glad to show you the new tool I coded. The Probability Meter. This great tool will give you 100% confidence and trade without stress. No lines, no histograms to watch ...

Whatever your trading style, you always need to know if you trade in the right direction. The Probability Meter will show you not only the way but the strength of this direction.

After observing this tool, you will be able to define the end of the current trend and the start of the reverse. All the values will show you the way!!!

<--- Tiny or Standard Box --->

It can be used on any timeframes and on any of these 19 pairs:

EURUSD-GBPUSD-AUDUSD-USDJPY-USDCHF-USDCAD-EURJPY-EURGBP-EURCHF
EURAUD-GBPJPY-GBPCHF-AUDJPY-NZDUSD-NZDJPY-AUDNZD-CHFJPY-EURCAD-AUDCAD

The first 3 Meter values aren’t based on any timeframes and will be the same on M1 or H1 for example.

The 4th and 5th values are based on the current timeframe.

The global result in percent (%) will be different if you switch between TFs.

Here is an example of live trading board (12 resized charts):

Parameters settable by users:

The parameters of the 2 additional indicators (MACD and Stoch)

The position of the box on your chart

The colors of the 5 indicators and text

Choice of a small box with only values instead of the big one

An alert option (pop up or email) is also available at a settable % of probability

How to decrypt the Probability Meter values?

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 how you can 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.

Want to be a real successful trader? more info here ... and you'll catch the next trend!!!

Feel free to contact me if you have any question.

I wish you a lot of pips.

FerruFx

**FerruFx** · 07-16-2008, 00:56

You can watch the videos to understand how to use the Probability Meter and how it react with the market:

Video presentation

Video 'tool in action'

Here you can follow the daily trading journal of a professional experienced trader who use the probability meter for scalping: here

Hope that helps.

FerruFx

**FerruFx** · 07-25-2008, 10:54

.
500 !!! ... Yes you are now 500 users of the 'magic' Probability Meter & Heart of Forex. What an amazing success of these tools since almost 6 months now.

All this thanks to YOU. Your numerous feedbacks give me each day more and more motivation. Your satisfaction is my first success.

A big thanks to all.

A happy coder!
FerruFx

PS: the daily trading journal of the professional trader using the probability meter is still so impressive: have a look here
.

**FerruFx** · 08-07-2008, 09:52

Dear traders,

Be aware that someone try to sell the Probability Meter and the Heart of Forex without any license nore authorization.

If you buy from this guy, you won't have the original version and of course any guarantee that it works as per the original calculation. Even if it's a decompiled version, I am 100% sure that he removed only a part of my protection. The funny things here and there in the code will give you some funny (for me) or weird (for you) results.

A legal procedure is starting with the help of Paypal.

For info, he signs his email as "Sam" and the name of his email address is "rana laxmi ". His Paypal address is "bussinesspro@xxxxxxxxxx.xxx"

There's only 1 place to buy my tools: my website (link in signature or in the 1st post).

I have only 1 authorized partner who sell the Probability Meter in a private group and his sales are send by me to the clients.

Thanks for your reading.

FerruFx

**FerruFx** · 08-14-2008, 11:04

I am pleased to inform that due to many requests, I decided to add Liberty Reserve as a payment method.

Here's the summary of the payment methods accepted:

1. Paypal
2. Liberty Reserve
3. Egold
4. Western Union

Thanks to all for your continuous support.

FerruFx

**FerruFx** · 08-28-2008, 06:10

Be informed that I removed Egold from the payment method list. It becomes too hard to exchange or withdraw.

The actual payment methods available are:

1. Paypal
2. Liberty Reserve
3. Western Union
4. Bank Wire (for grouped orders)

Thanks again for your support.

FerruFx

**FerruFx** · 09-12-2008, 17:10

.
7 months and always so much interest for my tools. You are now 640+ users.

Thanks
Gracias
Merci
Grazie
Danke
شكرا لك
Благодаря
謝謝您
감사합니다
Hvala
Tak
Kiitos
Σε ευχαριστώ
धन्यवाद
ありがとうございました
Bedankt
Takk
Dziękuję
Obrigado
Mulţumesc
Спасибо
Tack
Děkujeme vám

Wish you all the best in your trading.

FerruFx

**FerruFx** · 10-03-2008, 11:09

Dear Traders,

700+ ... What can I say? No doubt, the success of my tools is thanks to you all ... the 700+ users of the Probability Meter and Heart of Forex since 8 months now

A little reminder of what you get with these tools for those who don't use them yet:

1. The indicator (of course!)

2. A pdf document with all details, settings and installation instructions

3. A permanent email assistance (generally less than 6hrs, 7/7) for any question about the tools or anything else

Thanks again for your continuous confidence and support.

Whish you all the best in your trading.

FerruFx

**FerruFx** · 10-24-2008, 09:58

**FerruFx** · 11-08-2008, 09:49

**FerruFx** · 11-27-2008, 09:06

.
Great new for all Probability Meter users !

Because of numerous requests, I decided to accept to code EAs including the Probability Meter.

However, I noticed that each user has a different approach according to his own rules and differents indicators in addition to the probability meter. So for those of you who are interested in an EA based on your strategy including the Probability Meter, just explain me in an email your personal rules, features, indicators used.

Feel free to contact me for any question.

Again a great thanks to you all - users of my tools - for your support and confidence since 9 months now. Very much appreciated.

FerruFx

**FerruFx** · 12-26-2008, 01:41

**McPott** · 12-28-2008, 22:48

out of 777 users, do they report good experiences? I am willing to try/buy, but only if others like this indicator system. Anyone?

**FerruFx** · 12-29-2008, 01:12

Quote:

Originally Posted by McPott

out of 777 users, do they report good experiences? I am willing to try/buy, but only if others like this indicator system. Anyone?

900 users now since almost 11 months ... I didn't see any user reporting to have been scammed. That doesn't mean that all are happy with it but I am always here with a permanent email support when needed.

FerruFx

**BigE** · 12-31-2008, 02:50

Ferru. Don't know how I missed your posts, I would love to review your work for my blog sometime this week

**Sully** · 01-11-2009, 20:05

Where exactly do you enter? Let's say you fire up your charts and it says EURJPY 83% short. Does that mean the short will happen in the near future or its too late to enter?

**Mike** · 01-16-2009, 20:46

**FerruFx** · 01-17-2009, 13:22

Quote:

Originally Posted by Sully

Where exactly do you enter? Let's say you fire up your charts and it says EURJPY 83% short. Does that mean the short will happen in the near future or its too late to enter?

Depend of your trading style/risk. If you look for a quick run with small pips, 83% can be a good trigger on a low TF. If you look for a longer run, entry should be earlier.

As said in earlier posts, this tool has to be observed in order to find the right numbers and TFs where you're comfortable according to your own trading style.

Hope that helps.

FerruFx

**tab** · 06-29-2009, 19:05

when will your software be available again ferrufx?

**FerruFx** · 06-30-2009, 02:17

Quote:

Originally Posted by tab

when will your software be available again ferrufx?

Sorry but I don't have the info. You must contact the new owner through the special form on my website until they have their website up and running.

FerruFx

**FerruFx** · 08-09-2009, 15:16

To answer the many requests about coding EAs based on my tools, YES I am still able to code strategies with the Probability Meter, Heart of Forex and NewsTimesFilter ... even if these tools changed owner.

So in others words, if you want an EA filtered/based with the Probability Meter and/or Heart of Forex and/or NewsTimesFilter and if you own it(them), YES it is still possible like before.

Feel free to ask any question for your different strategies/indicators/alerts codings through the usual request form on my website ( http://www.ervent.net/contact_services.php ).

Thanks again for your continuous confidence and fidelity. Very much appreciated.

Wish you all a lot of pips.

FerruFx

**mybayceo** · 09-18-2009, 12:28

this is really amazing tool! but the copyright or original copy - can you clarify please>

**FerruFx** · 09-20-2009, 01:24

Quote:

Originally Posted by mybayceo

this is really amazing tool! but the copyright or original copy - can you clarify please>

Not sure to understand what you mean. This tool is the original and was coded by me.

FerruFx

**TheRumpledOne** · 09-24-2009, 22:03

You add up a bunch of lagging indicators and expect us to believe that is going to PREDICT the market?

The rat will beat you.

Wouldn't it be preferably to have REAL TIME FREQUENCY DISTRIBUTIONS based on PRICE to make your trading decisions?

**FerruFx** · 09-25-2009, 02:13

The Probability Meter has proved since almost 2 years now to be very usefull ... for 1200+ users.

It is very strange to see that only non-users gave bad review of this indicator.

Always appreciate your contributions!

FerruFx