NITRO+ upgrade your charts™
NITRO+3 Upgrade is being coded for the New MT4+. All Upgrades will be sent to All Customers and made available once the final stable version of the New MT4+ is released and testing of the New N+ is completed with live ticks on the new Terminal.
UPDATE FEB 06, 2014 08:45 GMT+7: Metaquotes pushed the stable Build 600 on Tuesday GMT. We now have Build 602. With February NFP here shortly, new download links for NITRO+3 Upgrades will be sent to all Customers on Sunday, February 9th. Thank You to all Customers for your patience in allowing us to get it right. Download Links will be sent to the same email address in which your original backup download links +transaction details were sent. No one will be forgotten. Because some purchases were as far back as 2010, if you think your email address has changed, please provide that updated information to email@example.com
UPDATE FEB 09, 2014 08:19 GMT+7: New NITRO+3 Download Links will be sent today.
UPDATE FEB 16 07:41GMT+7: Another Upgrade, version 4.0, will be sent to all Customers soon. Because initial Upgrades needed to be sent as soon as possible, some errors were left uncaught. There were also some additional User options and being able to control more with On/Off switches but time ran out. The new download will include Templates along with a new ClearChart compiled on 600+. Price will be adjusted accordingly at that time and will be available for new purchases. Instructions will then be updated or added to after that.
UPDATE FEB 22, 2014 17:40 GMT+7: The 4TH N+ Upgrade will be sent this week of
February 23rd and will include Templates along with a new ClearChart compiled on Build 600+.
UPDATE MARCH 1ST 12:57 GMT+7: The 4TH N+ Upgrade will be sent this week of March 2nd or the following week of March 9th and will include Templates along with a new ClearChart compiled on Build 600+. Just like with the NITRO+3 Upgrade as shown directly above, “NITRO+4 Will Be Sent Today” will be posted here, www.wyfxco.com, and ForexFactory.com on the exact day new download links will go out.
More current information located in our NITRO+ Thread @ForexFactory.com
Until then, the major bullet points of the upgrades:
T2 has been upgraded to T3. Bollinger Bands and Money Flow Index were added. MACD and Moving Average of Oscillator were removed. Ichimoku may be added still.
Symbol Strength has been improved. An additional reading has been added. In addition to the legacy 48 Bar lookback, a 24 Bar lookback has also been added and is the 2nd number to the right. The longer lookback, 48 Bars comprises 57% of the total SS weight, while 24 Bars makes up 43%. Accordingly, an extra 4 points or 5.5% of the total GLOBAL% has been given to Symbol Strength. These 4 points were taken from the Bottom 4 Boxes. 1 point from each Box, leaving them now with 3 points each. A User input for both of these lookbacks is being added
The Bottom 4Boxes have been improved. MACD and OsMA have replaced DeMarker(DeMarker>DeMarker_shift_3 && DeMarker>0.50) and MFI. MFI has moved to T3 while DeMarker(DeMarker>DeMarker_shift_2) remains in T3. MACD is the top box which is current time frame. OsMA, like the existing RVI and AO below it, are higher time frames or current beginning at Daily.
“Not Enough Data ….” is present when there are less than 150Bars from any of the time frames needed for calculation. This will display while data is being downloaded and will be replaced with the meter when all data is finished downloading. “Not Enough Data ….” will persist sometimes on Monthly charts with some Brokers or Futures that do not provide enough history. In this case, 3N+ cannot be used on this time frame. This is a Safety Feature ensuring Data Integrity. Previous versions of NITRO+ would still be allowed to function even without enough bars in chart. In these events, the entire output of the meter was compromised. Keep in mind however, 150 Bars is extremely small and the lack of only usually occurs for the Monthly time frame or newly added near month futures. This is why, as stated on the N+ Formula Page, we chose to only use Monthly data if loaded on a Monthly chart. Number of Bars made available in your History Center dependent on your Broker. Third parties can be a source of extra bars by clicking “Download” in your History Center. Contact your Broker to ensure the integrity of this 3rd party data source and the limiting of bad ticks that have not been corrected.
Additional, Upgraded Solid Backgrounds have been added as an option for all modes. Choice of Background Borders is also given. Border options are: flat, raised, sunken. There is a glitch within the MT4 enumeration in which the sunken option is called “non-dynamic pointer”. Color of these new Backgrounds need to have one value >=31 or else MT4 will automatically paint the borders white. Border Types are also an option for the 6Boxes and the Vertical Action Bars.
Time Frames can now be chosen by the User. Options are as follows: M1 M2 M3 M4 M5 M6 M10 M12 M15 M20 M30 H1 H2 H3 H4 H6 H8 H12 D1 W1 MN and CURRENT. In previous beta builds, there was indication that all of these TFs would be offered like in MT5. They took them away. The options were left in 3N+ though. Although there is no actual History to pull from, selecting non-standard time frames such as 12M will allow the User to fine tune the meter to suit. For example, a User can choose 12M from the drop down menu if they desire to quicken up the response when loaded on a 15M chart. These TF options will also now give the ability to add multiple meters on the same chart of the same pair, but with slightly different weightings within the formulas. For example when loaded on a 15M chart, a User can choose to display 5 meters, 10M 12M 15M(current) 20M and 30M. For reference when a non-standard time frame is chosen such as M4, the meter will consider the closest, higher time frame as the current. So for the MACD Box, M5 will be used when loaded on M4. M15 will be used when loaded on M12. The T3 weightings are slightly changed for each. So instead of there being a large jump in the ‘center of time’ when switching from H4 to D1 for example, there are now more gradual and “in between” weightings available by being able to select H6, H8, H12.
Visual Alert Triggers were added. The User can now set the levels at which both the GLOBAL% and TITAN3 Vertical Action Bars light up. Default is of course 50% and 75. The TITAN3 Visual Alert Trigger will also control what the Bottom 4Boxes considers a “Neutral Trend” in the next upgrade. Current default Neutral Trend of the Bottom 4Boxes is T3<75.
A Possibly Overbought, Possibly Oversold Dot Matrix upgrade has been added. The Matrix is comprised of ADX, RSI, MFI, CCI, STOCH, and WPR. ADX monitors only the current time frame, while the remaining 5 monitor both the current time frame and one time frame higher. This brings the total number of Dots to 11. A 2nd ADX time frame and the 12th dot will be added with the next upgrade. Because the non-standard time frames already use a higher time frame to represent current, the OBOS Dot Matrix only displays these current for a total of only 6 Matrix Dots. The User can adjust the High + Low Limits for these OBOS Indicators along with colors. While a popular belief may be that these Dots would only illuminate at extreme levels such as >85% as an area to begin to think about taking some profit, they can also be helpful to alert good opportunities of adding-to positions on retracements. For example when in the midst of a prevailing Up trend, the Matrix Dots will often illuminate, indicating “Possibly Oversold”, when price retreats dropping the GLOBAL% from say 92% down to 43% momentarily before bouncing back up to retest the recent highs and possibly continuing even higher.
Choice of Response Mode is being added. The User will have a choice of ‘Extended Time Horizon’ which is default, or ‘Reduced Time Horizon’. Reduced will lower the overall center of time by about one time frame. This will serve to ‘quicken’ up the response and allow Users to more better fine tune the meter to meet unique hold times and unique take profit goals that may be shorter and less.
Improved Organization of the Newly Expanded Settings UI. Although the level of control over nearly every aspect of the meter has increased, the sheer amount of different settings adjustments can be overwhelming at first. The New NITRO+3 has proven this already with Users. NITRO+4 provides 20% to 25% more control and options over N+3 …. which provides about 33% more than N+2 and N+.
It is no different than when we unbox a new Smart Phone. It may take a few uses or just spending some time “messing around” with them to become fluent and know where the settings are located and the result of changing them. The meter will not break or get worn out by flipping the different switches On or Off as a means to learn.
Our hope is that we are not punished for taking the time to code in all of this additional User control. But it is not looking good if this past week is an indication of whats to come.
More Upgraded Display Modes Additional Modes that match the OneClick Panel in size.
GLOBAL% Has Been Added to MessageBox Alert Output. The programmer also added the ability for the Audible Alert to output to the Terminal|Experts today. This will allow text output into Terminal along with ability for unique wav file and ability to turn off the MessageBox entirely while still retaining a running log. Because of how the meter handles Alerts, this now allows a running log to be kept in the MessageBox and/or in Terminal|Experts. N+3 and N+4 trigger the Alert the first time it is hit. Then, it will keep alerting at the end of every bar close as long as GLOBAL% continues to be greater than your selected level. Users of N+3 have been creating a Template with all of the Symbols they trade loaded on either a M1 or M5 chart and the Alert Trigger set to 0.0% along with the actual time frame they wish to calculate, such as M30. They then minimize and hide this chart. So now in their Experts log below or detached to a separate monitor out of the way, they have a running history log of Each Symbol, GLOBAL%, Time and Price that updates every 1 or 5 minutes or whichever frequency the User wants. It can be helpful to increase frequency before upcoming major economic reports of higher time frame calculations such as M30 or H1 to an M1 chart.
New Templates + New ClearChart will be included with NITRO+4 Upgrade. Though, each User can actually create Templates themselves if they cannot wait until N+4. When the markets are closed or in your off sessions are always a good time for this. Here are the steps:
1. Insert or Drag & Drop the meter onto a chart
2. The Settings Box will automatically pop up
3. If necessary, change the settings to your preference
4. Right click and select ‘Templates >> Save Template’
5. Choose a name, like ’001′
6. Click ‘Save’
2A. Increase the ‘Magic Letter’ each time. So… A, B, C, …//… X, Y, Z, AA, BB
2B. Enter Symbol
2C. Increase Y Pixels by 45 for each new meter. #1 and #15 will be 0 having no change
2D. Select -true- for ‘Move Meter to Left Side of Chart’ for the first 14 meters
2E. Select -true- for ‘Display Compact Mode’
2F. Select -false- if you do not want to ‘Display Price’
To create a 28 meter Template, insert the steps below directly after #2 above:
View New Metatrader Build 600+ … NITRO+ Download and Installation Instructions (( Click Here ))
Offline Charts such as Renko. The programmer is coding in support for Offline Charts. This has always been a commonly requested feature. Flipping the switch for ‘Offline Charts’ will allow NITRO+4 to function with tools like Renko that use Offline Charts. It will then also allow it to function when using the now supplied Script, ‘PeriodConverter’, to generate History for non-standard time frames like M3 M4 M6 M10 M12 H2 H6 H8 H12. For example when loaded on an M3 Offline Chart, N+4 will be able to use M3 data all throughout the formula instead of using M5 as a stand-in for current.
NITRO+ calculates then outputs aggregated information. If after examining this site prior to downloading you are unable to understand what these tools are or how they might be personally utilized to supplement or improve your already-existing and potentially profitable trading strategy and setup, it may be highly beneficial to Delay Downloading until the above = true. Or, you may contact us using The Contact Form, and one of us will try to help you visualize how you might be able to apply software here to your already existing methodology. NITRO+ is not a Magic Buy Sell Indicator or System. NITRO+ cannot predict the future. Price action in videos not typical. Markets are Random, Not Pre Programmed. Full Disclosure||System Requirements