Loadmovie preloaders

How can I make a preloader that shows percentage/bar for a movie loaded in with LoadMovie?

I’ve tried using a normal preloader (the one from Kirupa) in the “to load” movie, but it doesn’t work.

Is there a way to have the preloader assess how big the movie to load is, how a bar etc. and have the movie hidden until 100% is loaded (as seen on the bar)?