Indicator FuturoFX — look into the future

Every day trader asks "where are today the price will go?" In this question is the work of a trader. But the creators of the indicator FuturoFX decided to simplify the answer to the above mentioned question and created a tool that draws on the schedule the alleged price movement into several (setup in the indicator) candles advance.

Indicator FuturoFX or analyzes historical data and price movements finds the similar combination with the current market situation. After analyzing all the possible options, the indicator displays on the chart its forecast future behavior of prices in two versions: the arithmetic mean of all the available coincidences in history and most likely further price movement.

The principle of operation of the indicator FuturoFX

Indicator FuturoFX scans last N candles on the chart (Look Back option in the settings indicator), stores them. Then compares this set of N candles with a history of sets finds the the same number of candles and selects only those in which the percentage of "similarity" of 75% or higher (also specified in the settings - parameter Cor Threshold). After this FuturoFX analyzes how price was moving after such sets in the history of candles and displays on the chart of the average price movement of all the options in the form of a red-yellow tunnel. And the most likely price movement with the largest percentage draws yellow bars on the chart:

Indicator FuturoFX

The most accurate prediction of the indicator FuturoFX gives when red-yellow tunnel the averaged options coincides with yellow bars best of them:

FuturoFX can be applied to any asset (currency pairs, indices, metals) and on any timeframe. Since the indicator FuturoFX gives a forecast based on historical data, before installing the indicator on the chart of the asset download for him archive quotations. Just download quotations for M1. To do this, go to Tools/History Center or press F2 in MT4 terminal. Then select the required currency pair quotations "1 Minute" and click on "Download".

FuturoFX indicator can be a good filter for your trading system, or be supplemented by what some additional filters.

In the archives FuturoFX.rar:

  • FuturoFX.mq4
  • Cerbero.dll

Free Download FuturoFX

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6 Responses

  1. Raja

    As per instruction, I have downloaded futurofx indicator and i have downloaded quotations for M1 from history center. Then I have selected futurofx indicator. But it is not showing anything. Could you suggest how to use this indicator?. Regards, Raja.

    • anis

      As per instruction, I have downloaded futurofx indicator and i have downloaded quotations for M1 from history center. Then I have selected futurofx indicator. But it is not showing anything. Could you suggest how to use this indicator?. Regards, Raja.

  2. KSB

    it is not showing anything

  3. PS

    Hi guys. On lower timeframes I usually put the correlation threshold as low as 60. Other ways of increasing the chance of getting a correlation match are decreasing look_back and increasing max_history (or putting max_history=0 which means that the whole history on chart will be examined.
    So change it to O and don’t forget to ALLOW DLL.
    Working for me.

  4. amer

    HOW TO USE THING INDI?IT NOT SHOW ANYTHING ON MY CHART..
    OPEN UP THE INDI LIST ALSO DONT HAVE THE FUTURO INDI ON MY CHART..
    DRAG IT A FEW TIMES.

  5. ramzam

    hi
    i too download this indicator.. but said some instructions i cant able to do that download.. i need it for crude oil and copper silver and gold … please help me step by step
    thanking you

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