MM (Market-Maker) Detective & Liquidity Gap Indicators
May 28, 2019
A change in the thread's direction...
(Beginning at Post #2096 -- https://www.forexfactory.com/showthread.php?p=12298537#post12298537)
For those paying attention, recently I (and others) reached clarity as to whether this thread should continue pursuing how to trade @George's methodology. The answer is 'no'. For those who are here only for @George's methodology, then you should return to his thread. Sometimes his thread is turned ON, sometimes it's turned OFF -- it depends. I believe it recently got turned ON again.
The way things turned out sort of leaves a bad taste in my mouth. However, I did learn a lot and will always be indebted to @George. If anyone feels bad that we could never figure out how to apply what we learned to actually trading -- don't. After 5 months, and hundreds of people spending 1000's of hours -- no one trades @George's methodology outside his inner circle. People from the inner circle sit with @George and spend hours together trading. People who don't sit with @George receive occasional riddles and Treasure Maps. People from the inner circle think they don't have an advantage and that riddles and Treasure maps should suffice -- i.e. their thinking is if only those outside the inner circle stopped making excuses, weren't so lazy, and were smarter then they, too, would get it.
The inner circle is aware the success rate outside the inner circle is 0%. If you are a coach, teacher, mentor, family patriarch, or friend, and everyone around you is failing 100% of the time -- you might contemplate that something isn't working. But the inner circle never contemplates that. On one hand I don't think we were fed misinformation -- but on the other I think their intent was to always keep it a mystery. With a failure rate of 100%, there is no other explanation. The inner circle is composed of some very smart people -- they were aware of the failure rate outside their inner circle.
Here's the plan going forward -- the thread will remain alive but the direction will shift. I'm still interested in MM manipulation and explanations as to why the price moves the way it does, but I wish to focus more on actual trading. With @Nih98's blessing, I would like to transition to his trading system. He is the OP of a beautiful thread (https://www.forexfactory.com/showthread.php?t=915096), shares great tools, spends time preparing excellent screen shots with clear explanations and is a great trader. Also, he is clearly someone who wants us all to succeed. So the plan is to use his system as a reference or baseline trading system -- i.e. something we can become familiar and comfortable with and know it will perform at a high level. And then we will continue to experiment, share observations, and look to make improvements. If new ideas look promising then I will also code additional indicators. Or if people have thoughts as to how to better automate or detect trading signals -- then those could also be incorporated into new indicators.
So, once again, the emphasis will be on:
1. Transition to Nih98's system
2. Trading
3. Further improvements and / or automation
I don't mind if other systems are mentioned -- but only if you can tie it into improving Nih98's system. For example, perhaps another system makes use of a particular observation and you think that could also be adapted to Nih98's system then, yes, that would be perfect.
Oh, yes -- there's another advantage to transitioning to Nih98's system. Below is an example of one of @Nih98's charts. I don't think there will be any further controversy whether or not indicators are useless...
#################################################################################################
When you create a thread then over time all the posts get locked-down and the only one the OP can revisit to re-edit is Post #1. Furthermore, Post #1 is limited to a maximum of 10 attachments -- and that includes both images and file uploads.
So, in an effort to make it easier for me to better manage the custom indicators I've been uploading, I've created a new thread called "Custom Indicators for TMA-ADR Reversal Trading and BBMA". Here is a link:
https://www.forexfactory.com/showthread.php?t=920925
The "Custom Indicators for TMA-ADR Reversal Trading and BBMA" thread is intended to be read-only -- so please don't post there. It seems FF doesn't allow an OP to make a thread completely read-only, the only way I found to restrict posting was by limiting posting to members ranked at least 'High Impact'.
If you have questions or comments or suggestions regarding the indicators please continue to post them here.
The latest (and greatest) versions of all indicators are bundled in a single *.zip file in post #1 of the new thread.
May 28, 2019
A change in the thread's direction...
(Beginning at Post #2096 -- https://www.forexfactory.com/showthread.php?p=12298537#post12298537)
For those paying attention, recently I (and others) reached clarity as to whether this thread should continue pursuing how to trade @George's methodology. The answer is 'no'. For those who are here only for @George's methodology, then you should return to his thread. Sometimes his thread is turned ON, sometimes it's turned OFF -- it depends. I believe it recently got turned ON again.
The way things turned out sort of leaves a bad taste in my mouth. However, I did learn a lot and will always be indebted to @George. If anyone feels bad that we could never figure out how to apply what we learned to actually trading -- don't. After 5 months, and hundreds of people spending 1000's of hours -- no one trades @George's methodology outside his inner circle. People from the inner circle sit with @George and spend hours together trading. People who don't sit with @George receive occasional riddles and Treasure Maps. People from the inner circle think they don't have an advantage and that riddles and Treasure maps should suffice -- i.e. their thinking is if only those outside the inner circle stopped making excuses, weren't so lazy, and were smarter then they, too, would get it.
The inner circle is aware the success rate outside the inner circle is 0%. If you are a coach, teacher, mentor, family patriarch, or friend, and everyone around you is failing 100% of the time -- you might contemplate that something isn't working. But the inner circle never contemplates that. On one hand I don't think we were fed misinformation -- but on the other I think their intent was to always keep it a mystery. With a failure rate of 100%, there is no other explanation. The inner circle is composed of some very smart people -- they were aware of the failure rate outside their inner circle.
Here's the plan going forward -- the thread will remain alive but the direction will shift. I'm still interested in MM manipulation and explanations as to why the price moves the way it does, but I wish to focus more on actual trading. With @Nih98's blessing, I would like to transition to his trading system. He is the OP of a beautiful thread (https://www.forexfactory.com/showthread.php?t=915096), shares great tools, spends time preparing excellent screen shots with clear explanations and is a great trader. Also, he is clearly someone who wants us all to succeed. So the plan is to use his system as a reference or baseline trading system -- i.e. something we can become familiar and comfortable with and know it will perform at a high level. And then we will continue to experiment, share observations, and look to make improvements. If new ideas look promising then I will also code additional indicators. Or if people have thoughts as to how to better automate or detect trading signals -- then those could also be incorporated into new indicators.
So, once again, the emphasis will be on:
1. Transition to Nih98's system
2. Trading
3. Further improvements and / or automation
I don't mind if other systems are mentioned -- but only if you can tie it into improving Nih98's system. For example, perhaps another system makes use of a particular observation and you think that could also be adapted to Nih98's system then, yes, that would be perfect.
Oh, yes -- there's another advantage to transitioning to Nih98's system. Below is an example of one of @Nih98's charts. I don't think there will be any further controversy whether or not indicators are useless...
#################################################################################################
When you create a thread then over time all the posts get locked-down and the only one the OP can revisit to re-edit is Post #1. Furthermore, Post #1 is limited to a maximum of 10 attachments -- and that includes both images and file uploads.
So, in an effort to make it easier for me to better manage the custom indicators I've been uploading, I've created a new thread called "Custom Indicators for TMA-ADR Reversal Trading and BBMA". Here is a link:
https://www.forexfactory.com/showthread.php?t=920925
The "Custom Indicators for TMA-ADR Reversal Trading and BBMA" thread is intended to be read-only -- so please don't post there. It seems FF doesn't allow an OP to make a thread completely read-only, the only way I found to restrict posting was by limiting posting to members ranked at least 'High Impact'.
If you have questions or comments or suggestions regarding the indicators please continue to post them here.
The latest (and greatest) versions of all indicators are bundled in a single *.zip file in post #1 of the new thread.