Futuro Trading Indicator Description :
Being able to reliably answer that simple question can make every trader a rich trader.
Usually it is a matter of 50/50. We are trying to give you an edge.
FuturoTI is the most advanced algorithm we wrote so far and what is does is giving you THAT edge. It scans the past history looking for strong correlations with the most recent price action. If it does find something interesting then it shows you what you can expect “in the future” given the current price behavior.
And we made it so that you can use that edge in many different ways:
We showed you how we made nearly 100 pips ($1000 trading one lot) in just a few hours trading EURUSD with FuturoTI.
This is the result of 3 hours of trading with FuturoTI Indicator on a EURUSD M1 chart:
72 pips of net profit and a 6.41 profit factor in 3 hours of trading!
Entering and exiting profitable trades seemed effortless like stealing candies from children
The future price movement displayed on chart by FuturoTI was essential in achieving this result.
FuturoTI is very different from the many indicators based on technical analysis that are installed into our MT4 platforms.
First of all it really is a trading assistant, more than an indicator. And secondly it displays information in the future, not in the past. In my opinion this has some pretty amazing effects on our psychology as traders. When I enter a scalp trade with FuturoTI running on my platform I’m constantly warned about the possible outcomes of my trade. The price action displayed in the future makes me remember all the time that price can zig-zag a lot before reaching my take profit. So I should not freak out just because I see some pips against my trade. On the other hand FuturoTI can also suggest that the outlook for the next bars is not in my favor anymore. So it is much better not to fall in love with that trade and close it before it’s too late. I spent another 2 hours with FuturoTI running on a couple of EURUSD charts and as always the scalping was easy and profitable: 6 trades for a total of +28 pips (280 USD trading 1 lot; you can click on the image below to see the statement).
Here is the basic trading logic for using FuturoTI as a manual scalping tool:
keep FuturoTI opened on two timeframes (e.g. M5 and M30)
make sure the “average projection” and “best projection” on both timeframes are in agreement
if current price is still “low” compared to a bullish projection, then you can consider entering a Long trade
if current price is still “high” compared to a bearish projection, then you can consider entering a Short trade
place the take profit taking into account the projection and relevant support/resistance areas you can spot in the last few bars
if FuturoTI drastically changes its outlook, you should modify the take profit or close the trade
END OF DAY
We also checked how FuturoTI performs in end-of-day trading. It only takes 5 minutes a day of your time. We found out that we can bank an average of 300 pips/month on EURUSD only trading 5 minutes a day.
We backtested the strategy for 12 months and the overall +3407 pips in a year is a great result, considering that each trade has fixed SL and TP levels and is left completely unattended for 24 hours.
The strategy requires looking at FuturoTI H1 and H4 charts around 00 GMT each day. Executing this manual strategy should take only 5 minutes of your time, 5 days a week.
We noticed a good number of winning trades at the opening of markets on Sunday, exploiting gaps.
Here is an example on the 11th of June 2012: As you can see both charts suggest a rapid decline of prices, that’s why we entered a market order aiming at the typical closure of the gap.
Other times it makes more sense to let the price run in the direction of the gap for a bit before betting on a reversal closing of the gap: in this case this end-of-day strategy would require to enter a limit order instead of a market order.
We are not experts in binary options. We know that they are the latest “cool thing” in trading. Those of you that know us better are well aware that we are not the kind of guys who blindly follow the fashion in Forex (most of the time it is just marketing hype), however we must admit binary options may actually be a really good way to put FuturoTI to work. For those of you who still don’t know how they work,
well there are many different kinds of binary options but basically the simplest ones are those where you are asked if you think that the price of a currency pair (EURUSD for example) within the next hour will be higher or lower than the current price.
This is actually the typical question that FuturoTI is made to answer to. If it spots a good correlation between the present price behavior and the past, it can help you predict quite efficiently how the price is most likely to behave. The price “projection” in the future is based on how price behaved many times in the past. It’s not surefire (any trader who lives in the real world knows that no system will ever be a perfect crystal ball) but it’s definitely and edge. And having an edge in trading is everything. It makes the difference between being a loser or a winner.
It took us a few months before deciding that FuturoTI was ready for becoming public, as we worked on refining the original code and making sure that we could be able to write all the sentences above.
Now enjoy the five pictures below that illustrate quite well how FuturoTI was able to predict a sharp decline of EURUSD during last August:
We’ve been talking mainly about Forex but every single instrument you broker makes available on your MT4 platform can be analyzed and forecasted with FuturoTI .
Think about… with enough historical data, FuturoTI you will be able to forecast stock indexes, stocks, gold, silver, oil and many more
. Everything your MT4 broker offers you as a trading instrument.
FuturoTI is a very flexible correlation engine.
The user can tweak a good number of settings in order to adapt this engine to each specific financial instrument and timeframe. As an example the user can:
select the number of bars that are subject to correlation
select how far to look into the history searching for good correlations
select a correlations threshold in order to filter out all correlation matches that are deemed not good enough
select which data should be correlated (as an example only High and Low of each bar, or any other combination of relevant data)
select also negative correlations
select the graphical output of the indicator itself
Futuro Trading Indicator Settings: