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I trade on 1 hour. I need a visual indicator programmed to help me to place my trade more accurately. This indicator should be written for MetaTrader 4 and I am using the axitrader.com and vantagefx.com version if that makes a difference however it should be programmed to work with any MetaTrader version if possible.
Basically with this indicator I don't care if you use moving averages or other averages or indicators to help make it, I just need to be sure that if its 9:30 PM and the other candle coming at 10:30 PM I need a signal saying it will go up or down. The signal should not be repainted. I simply want a visual indicator which says probability (UP or DOWN) with a big red arrow (DOWN) or green arrow (UP) and the probability beside it.
I am conscious that there is no indicator that is right 100% of the time so I would not ask for that, but hopefully around 80% would be superb. Also if there is a way you can back test it and show me the results I would be greatly appreciated.