FX Probability Meter indicator
Info-Indicator – “FX Probability Meter”
FXProbability Meter essentially is an average of indicators over time periods combined into a small, space-saving box.
This would be a great addition to any of our other indicators or any chart.
Based on 14 standard indicators and 8 timeframes, it shows a value between 50 and 100 colored with Green or Red according to the Up or Down trend.
Based on price action during the last 24 hours, it shows a value between 0 and 9 colored with green, yellow, orange or red according to thestrength of the pair.
Closer to 9 for a strong Up trend and closer to 0 for a strong Down trend.
Currency Pair Range:
Based on price action and 19 pairs (8 currencies) during the last 24 hours, it shows the strength of each currency of the current pair, value between 0 and 9 colored with green, yellow, orange or red according to the strength of each currency. Larger the range between the currency, stronger is the trend.
MACD and STOCHASTICS:
Red for Down trend, Green for Up trend and Orange for sideways.
+ BONUS! 😉
The Meter can be used on any timeframes and on any of these 19 pairs:
FX Probability Meter can be used on any timeframe and inserted into any chart/ added to any template
– You can use this for ANY currency pair!
– All indicators doesn’t repaint.
– Your personal license will cover one demo account and one “live” account.
– It will never expire and there are NO “monthly fees” or any other recurring charges for use
– Lifetime support for registered users
File type and requirements:
-This is a digital item! ( .ex4 file )
-You will Need: MetaTrader 4.0 platform.
– The files you’ll get is ZIP archive.