The Equilibrium, a key to success!

Hello Amenocy,

I am pleased that the bionic chart is already very well received, as you know this chart is still relatively new. Of course, I had some time to work with it, but with the background to check if the output values are correct. Of course, within the next two weeks, I will specifically report on supply and demand. The third project is yet to come and should be completed by the end of next week.

However, I can give you a little hint. If you build a 5 second chart and copy the bionic chart into it you will have 20 candles per minute. Try plotting resistance and support lines using this 5 second chart as I did in my posted video.



Of course, this will not always work, as there are superior resistance and support lines. That's not dramatic, though, as they get used to the chart faster. In half an hour, you have processed 600 candles. With a 1 minute chart you would need 10 hours for this workout. As I said, it's only time to get a feel for the kind of candles, because such a way of training is a good option. However, you need a 20 times faster response time.

I wish you a lot of success. Greetings

Different than others


Hello dear trader,

Supply zones and demand zones always work on the same principle in different time units.



At point A they see the formation of an Equilibrium, then the price goes down sharply. This will tell you how strong this supply zone is. As soon as the price falls into a demand zone, an equilibrium arises again, ie a sideways trend. After the price penetrated somewhat deeper into the demand zone, finally a strong upward trend developed. Only when the price at point C came back into this strong supply zone, he turned off and went down sharply. Point B is also a supply zone which was not strong enough to stop the uptrend.



Let's look at a second example. We see again an equilibrium and then a strong supply market that catapults the price from point A downwards. It creates a great equilibrium and after the price has penetrated slightly deeper into the demand zone, the upward trend began. Only when the course had arrived at point C and penetrated into this strong supply zone, he was strongly dismissed down. Point B is also an offer zone but could not push the price down.

The first chart is a weekly chart in EURUSD on the second chart is a 5 minute chart today.

They recognize the importance of identifying demand zones or supply zones. This identification of the zones is always a challenge, but we get here with the new trend strength indicator some clues that can help us. The background of these three projects is to find these important supply zones or demand zones faster and more effectively. Decisive here are always the zones from which a course goes strong high or strong low.

Pay attention to these strong zones and try to draw them in your chart. Start by researching why a certain course went up or down. This gives you a first feel for what is happening in the market right now. Then you can draw these zones in their current price history and see if they hit the exact zones. Whether the zones were right or wrong, then you should analyze what mistakes they made and what things they overlooked.

As you know, the time-definite candles (M1, M5 ....) Are created by chance from a random course. If you're lucky, you'll see a Doji announcing a turnaround, but due to the candlelight, it's a coincidence and you should not rely on it. You may already have noticed that extreme course changes take place at full hours or half hours. Although the bionik chart allows for a bit more accurate views despite random candle formation one should try to change the time content in order to avoid as many full or half hours as possible. Odd time units are optimal.



Since for me a time unit for trading between 5 and 10 minutes is optimal I once compared the minutes between 6 minutes and 9 minutes. How often is a candle displayed within 24 hours at exactly the full or half hour?

When setting 6 minutes starting at 0:00 am, 24 candles end at the hour and 24 candles at half hour.

At the setting of 8 minutes 12 candles end on the hour and 0 candles at half hour.

At a setting of 9 minutes, 8 candles end at the hour and 8 candles at half hour.

At a setting of 7 minutes, 3 candles end at the full hour and 4 candles at half hour.

Thus, the setting of 7 minutes for me would be the most optimal to optimize the randomness of candle formation something.



Now I have used the trend strength indicator and compared a current M5 chart with a current M7 chart. While I only got strong pullback identification in the M5 chart, M7 Chart already had 3 pullback identifications. It turns out, therefore, that a small change in time, in which the candles are formed, can give rise to some advantages. The pricing is exactly the same, the candle formation was only slightly changed by the time unit.

Unlike others, often the right way can be.


I wish you a successful day

best regards

Hello,

you have done this statistic manually, or using a program

cordially

Hello mchl13,

You can write the time statistics quickly with Java, but it is faster with Excel.

A1 = the time, B1 = minutes to be added, input in field A2 “=A1+Time(0; B1; 0)”

And just pull down, done.

best regards

Video with the new Bionic Chart

Hello dear traders,

Today I have made another attempt to test the bionic chart in the current price of the EURUSD, in how far it can determine price movements and reversals.
For that, I chose a slightly quieter time from 11:22 to 11:52 CET. To make the video tamper-proof, a 5-second chart was selected, the time is displayed and a course display installed. You can also see that I have not recognized all price changes immediately.



From 11:22 CET it started, we are in a sideways trend, the length of which I could not estimate at the time. Just before 12:00 CET volatility tends to go down a bit. My prediction was that the price above the red lines would gain in volatility and the price would go higher. When the video started, the forecast was already inserted there.
In half an hour, 600 candles have been formed and my task was to predict the possible price development using the bionic charts. It should be clear that this is not an easy task, especially in an equilibrium phase. You will realize that I was not always 100% correct, which is quite understandable with a 5 second chart. You are welcome to try it yourself.
Take a look at the video and see for yourself what advantages the bionic chart offers.



Although not all my assessments were exactly right, nevertheless my forecast of the possible course course agreed.



For me, the bionics chart is just as new as it is for you, so I have to continue training in this area in order to identify the demand zones or supply zones more quickly in order to predict trend reversals more accurately. I had the biggest difficulties in the sideways market in the Equilibrium phase. There I was not able to pinpoint all trend reverses immediately. Overall, I would view my assessment of at least 65% as correct.
A 5 second chart is a real challenge, as the price jumps are very volatile and inaccurate. But for a workout, a 5 sec chart is ideal. The higher we go later in the time units, the more accurate statements are possible.

Especially as a scalper, fast reaction in smaller time units is a prerequisite for success. If you make more than 65% of the right decisions in a 5 second chart, it will be much easier in larger time units.

As a rally driver, you can also get along better in winter than most motorists. It's just a matter of training.

I wish you a successful day today

best regards

For your eyes only…

Attached Image (click to enlarge)

Hello dear subscribers,

A few days ago I talked to the team from FF, I wanted to know if there is a possibility beside a mail, in order to give information to the Subscriber, which I do not post over the blog. Unfortunately, this possibility does not exist yet. I explained to FF that a Subscriber is a special member and a special form of support for every blog writer and deserves special recognition. There may be a chance at some point just to get in contact with the subscribers, but there is no specific information yet.

Anyone who supports a blog, makes positive suggestions for improvement, and benefits everyone, should receive a special form of recognition within the community. FF also has the yellow, orange and red points for active members. Many subscribers now accompany me from the beginning and I would like to thank you once again for the many ideas and the great exchange. I think they have learned a lot of interesting things in the last 9 months, and have received very interesting auxiliary indicators in recent projects. I could only develop and implement these ideas in a collaborative effort.

Every blog writer is interested in moving forward with the strategy he has been pursuing for years. That is understandable and legitimate. That's exactly what I also want. My way is the demand and the offer, and as you can see in the two published videos on the blog 721 and 725, you can well anticipate about 2/3 of the trend reversals. The downside, it takes time to master this trading style perfectly. Many people want quick success, supply and demand are based on sustainable success. This concept works not only with currency pairs, but also with commodities, gold or stocks. With it one learns to act independently and long-term successfully.

For this reason, the subscribers who are more involved in the future, should receive from me in the future crucial information, assistance, market analysis and also indicators that I will not publish on the blog. With this you will be upgraded dear Subscribers and together we will bring the strategy of Supply and Demand forward. This trading approach is the only option for me with a manageable risk of generating interesting profits.

To prevent possible assumptions, this information is free to all subscribers and will always be. I earn my money trading so I am independent and earn more than selling any trading services. FF is for me the most interesting and largest platform in the world, so we will certainly find more members in the future who would like to join us on our journey. And we can accelerate this way together.

Our Project 3 is now just around the corner and I will give some thought to the topic of Subscriber Support and look forward to your creative ideas.

I wish you a nice Weekend

best regards

I did 1 update in the indicator CM_Strength, i think will be useful for you. And i have 1 question about S&P-500, if have some reason for the drop.

https://www.forexfactory.com/showthr...&goto=lastpost

.

[quote=palpite;11579175]{quote} I did 1 update in the indicator CM_Strength, i think will be useful for you. And i have 1 question about S&P-500, if have some reason

Hello palpite,

First of all, thank you for your great work, I will use your indicator from Monday and then report. Interesting arrays . Let's talk about your question about the S & P500.

The cash indices are not my preferred choice in the trade, as the economic conditions are causing this price to almost only go up. To anticipate a possible downtrend, I need a reference value in the past. Since the cash indices always reflect new highs, there is often no reference value, so I let it off. In such a situation, I need news and economic information or indicators to derive trade decisions from them, but I totally disregard news and opinions.



At the beginning of the year 2018, there was already a lot of pressure that started right at point A. Due to the small candles on the left side, a reference value would have been incomprehensible to me, so that I would not have identified the point B as a strong resistance line. However, at point B we now have a strong resistance line that has returned the course to point C. That was exactly the zone where the strong drop down started. The red box with the yellow line (point 1) was a very strong resistance at the time. One sees what difficulties the course had to get through this resistance line. At point D, the price went down again but was rejected again at point E, after which the price went up to point F. Effectively, at point H, a strong downward pressure was again created, which again built up a strong resistance. (Red box with yellow line point 2)

From point F there was a strong drop down. At point G, the course was rejected again. Now the price is in the strong resistance zone 2. Exactly this resistance zone 2 could push the course down again. As soon as the course crosses the blue resistance line it could run to point H. The drop this time was not as strong as before at point A.

I have drawn a possible scenario once, but I do not believe that it will develop the same way. From point B to point F we had a clean uptrend. The two drops are a clear pullback for me. For me now the red box number 2 would be a crucial resistance zone. What matters most now is how the course is heading up and whether there are other strong drops. Should the drops get stronger down, this could be an indication of a possible downtrend. What matters is how the course behaves in the two zones. At the moment, it looks as if Resistance Zone 1 would have been completed and the course can now continue unhindered on its way up. For me, these many uncertainties are one of the reasons why I stay away from the cash indices. Nevertheless, the S & P is a very interesting medium for the professionals who are familiar with the field to act successfully.

Of course, it is very clear that after two strong drop-downs, it will be hard to find buyers again. Sadly, confidence builds up only very slowly. Reasons why it comes to a drop are quickly found, but we will never know the real reason. Once the trust is gone, the price goes down very quickly. One advantage is the current situation, there is more volatility in the game and that is a very interesting aspect for a trader. Nevertheless, my comments are pure speculation, I know myself here too little to give a concrete help.

I wish you a nice weekend

best regards

I don't know, i think have 1 double top in the chart weekly. Maybe i'm wrong, let's see in the next weeks. Thank you and good luck.

.

Hello Michael
I'm a newbie in forex. However I have been following your thread with great interest since begining of this year.
I would like to thank you for sharing your knowledge and wisdom personally, as I learnt great deal in very short time.
Today I have taken the plunge and opened live account to practice your teachings.
Thank you very much.

Best regards
Scorpy

Hello Scorpy,

First of all, welcome to our blog and thank you for your kind compliment. Nice to hear that you've been following this blog since the beginning of the year, and I suppose that you've been trading the supply and demand extensively with a demo account. If you have not already done so, I recommend this strategy first with a demo account to lose as little money as possible. Counter-trend Scalping is one of the most sophisticated trading approaches, and if you master this type of trading, you are one of a small group of traders who tackle this challenge.

Always work with a small 4-5 pip stop and try to trade trades that have at least 15-50 pip potential. These trades can be chosen very well with supply and demand. Start in the daily chart and record your resistance, then go into H4 and level your resistance. Then do the same in the H1 and M15. I recommend the trade in the M5 and in small volatility sometimes in the M1. Never take too much risk by making the stop bigger and let the course run smoothly into the stop. If you are working with a risk-to-reward ratio of 1: 5 and are correct in 50% of all cases, you're on the right track. If you lose, please do not increase your contract number to get the loss back. There are simply days where you do not have the right feeling. Finish your day and start the next day with renewed vigor.

I wish you success and I hope you have trained enough in the demo account to achieve your personal goal. Always remember you are acting against the elite. Please act respectfully but without fear.

best regards

Interesting attitude with the bionic chart

Hello dear subscribers,

First of all, welcome to all new subscribers, we are pleased that you are on board with us and wish you much joy and great information in this blog. If you have questions, we're here to help.

I hope that you already have your first experiences with the new bionic chart and that he has served you well so far.



As you know, the bionik chart contains several different settings that you already know.



Another interesting setting is possible with the bionic chart. Here you can see a completely colored candle, depending on whether the open is smaller or larger than the close. This makes it possible to see fast trend sequences at a glance. Of course you can also make Open and close visible here as already described. In certain situations, this setting can also be very helpful.



Let's take a closer look at this setting in the EURUSD Daily Chart. As already written a few months ago, we still have a very strong resistance. However, the course has entered this resistance zone for the ninth time.
In addition, we now have strong bullish support lines that may take the course over the top blue arrows. As soon as the price passes through the upper black resistance and also accepts it as a resistance on the return run, the price is up to possibly 1.28 free. Let's see how long that will take.

The third project is in preparation, but it will take a while.

I wish you a nice finishing time
Best regards

Recognize trend consequences



Hello dear Subsciber,

Once in the monthly chart from January 1971 to today, I divided the EURUSD into a demand market and a supply market. In addition, I examined the trend strength of the individual zones with the bionic trend indicator.



The green bars represent the demand market while the red bars represent the supply market. The uptrend No. 1 was very sustainable and strong. The number 56.6 means that each candle was on average 56.6 pip. After that, there was a relatively short supply market in No. 2, which pushed the price almost back down. The average candle size here was 95.5 pip. Although the price was down sharply, the trend was not sustainable enough.

The wider a beam, the more sustainable the trend. In this picture you can see very well that the first two uptrends have been very strong and sustainable. The two subsequent downtrends, however, were less sustainable, but very strong. The third uptrend was less sustainable than the two uptrends ahead. But the last downtrend was the most sustainable so far. Of course you have to keep in mind that a course often goes down faster than up. Nevertheless, prices have risen overall and the uptrend has been more sustainable than the downtrend. From 1971 to today, the price has risen by 6,100 pip. One dollar would have turned $ 61,000 today, equivalent to a return of 26.4% per annum.



The bionic trend strength indicator shows us, the smaller the number the weaker but more sustainable the trend and the larger the number the stronger but less sustainable the trend. That is, larger numbers often indicate a pullback. The first two uptrends were sustainable and followed by a short pullback. Now the downtrend is more sustainable than the uptrend for the first time. However, one can say that the downtrend has weakened and the uptrend has become stronger. If the trend continues and the downtrend remains more sustainable than the uptrend, it could go much further down.



Now I've refined the setting a bit to get an accurate overview. The width of the bars makes it easy to identify a sustainable trend and a pullback. I divided the downtrend and uptrend into strong and weak respectively. In addition, there is a strong and a weak pullback. The strength or weakness of each trend does not relate to price appreciation but to the sustainability of the trend. The longer a trend runs, the more sustainable it is, as can be seen by the width of a bar. Let's take a look at whether this graphic makes it possible to identify long-term reversals.

Trend1

In 1971 it started with a strong uptrend followed by a weak pullback, followed by a weak upward trend. The weak pullback hinted that there could now be a stronger uptrend. After the strong uptrend there was a strong downward trend. Here you could not find a conclusion on a trend reversal, however, if you look at the course within the blue circle once, you could draw conclusions from it.

Trend2

After a strong downtrend followed by a weak pullback, then the downtrends were significantly weaker which has given an indication of a possible trend reversal.

Trend 3

It followed a strong upward trend, which was not quite so sustainable. It was followed by a relatively strong pullback. From then on the uptrends became much weaker and with the blue arrow they can see very well that a strong pullback took place. This pullback was more sustainable than the uptrend ahead. That gave an indication that there could soon be a turnaround.

Trend 4

There followed a strong downtrend and a strong pullback. The pullback was stronger than the last uptrend ahead. This was followed by a strong downward trend. The turnaround was not correct, but you could guess, as the second downtrend was less sustainable than the first downtrend.

Trend 5

This was followed by a strong and sustained upward trend. The pullback was relatively weak and the result was another relatively strong uptrend but weaker than the first uptrend.

Trend 6

The downtrend began with a very weak trend followed by a very strong pullback. This was followed by two more weak downtrends and two more strong pullbacks. In principle, this is a big equilibrium before the price went down. That was an indication that the bulls were not quite satisfied yet. For this reason, this downward trend is the most sustainable in the EURUSD to date. The blue arrow shows a strong pullback that took place within an equilibrium.

Trend 7

In relation to the other uptrends, the last upward trend of € 1.03 is the weakest so far. However, he is stronger than the last five downtrends. You can clearly see that the volatility has decreased significantly in recent years. Within a trend, the trend reversals have increased significantly. This is an indication that the trade has become much difficult, especially the high-frequency traders have contributed a lot.



The sustainability of the upward trend has increased in the last three trend sequences. This is particularly interesting in the smaller time units, so you can make more short-term statements.
Overall, the uptrends have been more sustainable than the downtrend so far. From 574 months we were 347 months up and 227 months down. That means 40% down and 60% up.

You see that it's not just price increases that matter, but the sustainability of a trend. From this it is also possible to derive conclusions about future trend movements.

I wish you a successful week

best regards

Bionic

Nice presentation.

I really like the candles and I am now using them exclusively. I haven't really been able to incorporate the trend strength part into my trading, however I will give it another shot after this presentation. Thanks for everything thus far.

Hello pakeha,

Thank you for your kind statement. The trend strength is an essential factor for success. If you know the trend sequence, you can trade much more easily with the trend and just against the trend (pullback). The pullbacks are the most interesting for me because they run smoothly. These are clean and fast movements. So I'm not in the market for a long time, use very small stops and get in a short time very interesting risk profit ratios. The biggest advantage is that I do not have a lot of competition, because many are dealing with the trend. The longer you are in the market, the higher the risk of losing profits. And nothing is more frustrating than trading up for a few hours and a big player destroys your winnings in seconds. Pay attention to the high numbers in the bionic trend indicator, they could be a sign of a strong pullback. This approach is a bit risky as the last number may still change. But with supply and demand, you can hedge a little.

I wish you much success

Greetings Michael

Trend chances on 18.10.2018

Hello dear subscribers,

Attached Image (click to enlarge)

Enclosed briefly today's trading opportunities with the bionic trend indicator. Of course, you could often only start into the current trend, but the information received has helped to identify the trend strengths and draw conclusions from them. Please note that this is an auxiliary indicator that does not give me any entry signals or exit signals.

Nevertheless, the assistance is very interesting and gives me important clues.

best regards

Start with project No.3

Hello dear subscribers,

Today I want to start with the 3rd project and introduce an interesting dashboard as an introduction. So that they can get a first impression, I have created a video.
Start of the video in EURUSD at 18:09 - 18:19 CET



Within the white lines is the price history, so you know how the price has developed.

There was high volatility during the period, the range was relatively low as the price was a downtrend and then an uptrend. Still, the information you get from it is quite interesting.



I will explain the dashboard by the weekend at the latest and put up the corresponding indicators. The installation will be relatively easy. It is important that your broker provides data from the USD Index. Of course it works without these data.

I wish you a nice evening

best regards

Hello dear traders,

The last few days have been quite unusual in EURUSD and many have considered when the price will finally rise again. Normally, I can see changes in the daily trend very often based on supply and demand, but in the last few days it has also been relatively difficult for me. These funny days, as I call them, are often before the end of a big turnaround. We are back at a point where the course has been before and maybe we can now see a small uptrend again.



However, if I go a little into the past and look at the supply zones and demand zones, this results in a slightly different picture. The course may need to return to the 1.133736 -1.13641 zone to get the buyers back on track. Should the price once again start a strong downtrend, that does not mean that the price ends exactly on my red resistance line. Within the red resistance line, in my view, a strong uptrend could arise. These are of course pure forecasts, it is important to observe the course in the smaller time units. The price still seems to have strong bearish pressure.

I wish you a successful trading day

best regards

Bionic Dashboard Installation



Hello dear subscribers,

Finally the time has come and it was very time-consuming to create the dashboard so that you have as little work as possible with it and at the same time a quick sense of achievement. This dashboard was populated with different indicators created by great programmers and dealers. In addition I will write in the next contributions still a lot. Thank you very much for this great and professional work.
First, unpack the zip file. So nothing goes wrong creating a new Metatrader MT4. Of course you can also paste the files into your existing Metatrader MT4. As a precaution, back up your most important templates.



Open the data folder in your Metatrader. In the Profiles folder, insert the Bionic "Dashboard with Dollar Index" and the "Bionic Dashboard Standard". In your indicators folder you insert unpacked 21 indicators. Then close the Metatrader and start it again.



Now open the profile: "Bionic Dashboard Standard". This can be found under Profiles. Your chart will probably look similar to my photo now. If there are some missing lines in the chart image at the top left, just set the time unit to 5 minutes and then back to 1 minute. After that, the lines would have to be complete.



Next we want to activate the 4 empty windows of the MAdash indicator. There are two options. Click in one of the windows and open the indicator MADash and press on edit. After that, the window would have to rise as in the picture. Then only on o. K. Press to activate the indicator. If that does not work, open a new chart window and load the MADash indicator into it. Then the window will open on o. K. Press and indicator will be activated.



Next, load the profile: "Bionic Dashboard with Dollar Index". To work with this profile you need the US Dollar Index from your broker. Open the market overview, with a right click you indicate that you want to display all symbols. Once you've found the Dollar Index, just drag it into the bottom window and the indicator works.



Now open the indicator: 1overlaychart_line. There you enter the correct name for the US dollar index, which is given by your broker. Then press Color and o. K. Now, a red line should appear next to a green line in your chart. If not, change the color and press o. K again. after that, everything should work for them.

If you do not have a dollar index, you can re-enable the first profile (Bionic Dashboard Standard), so you can work just as well.



Now her chart is almost done. The picture shows a series of letters. If you now click through these letters from A to Z on the respective pictures, your chart would have to look like mine.

Please note the following: If you make a change within your chart, this is automatically saved in the profile. Therefore, save the original profiles and if necessary upload them again to the Metatrader.

Since the market is still running for about 5 hours today, I have already uploaded the indicators and the installation instructions in advance. This allows you to try the chart before. I will finish the explanation of the individual indicators in the next few days.

Take another look at the video from post 737.

I would like to remind you once again that these are purely auxiliary indicators. This dashboard will not give you entry or exit signals. But you get important trend signals that support you in daily trading.

I wish you the best of luck if you have any questions, I'm happy to help. If you are satisfied, I would be very happy to receive your feedback.

best regards

Explanation to the bionic dashboard


Hello dear traders,



At the beginning of the year I have already published a dashboard and as you can see, that has already changed a lot. This is simply because there are indicators or signals that just work better for me. This does not mean that the indicators are bad, it just means there are indicators that give me the signals more clearly. As you know, the only constant is the alteration. Two-thirds of the indicators have been preserved, an essential aspect was the news indicator. Since news for me are not relevant at all, it could be replaced. In addition, some indicators were placed more efficiently.



Essentially, there are four windows for me that deliver decisive signals. Below, I will discuss these four windows individually.



Here is the video again:



In the first window we have four ads. In the first two windows we each have a currency strength indicator. While the first bearish indicator indicates a medium-term bias, I get short-term signals from the second currency strength indicator.

1. CCFp Indicator, Developer: SemSemFX, Interesting currency strength gauge

2. + RS_Group EUR & USD indicator, Developer: unknown, Very interesting strength indicator that reacts faster than the price chart. Here, the EUR was currently compared with the dollar.

3. CFP indicator, Developer: SemSemFX, An indicator that gives almost the result of the euro and dollar strength.

4. smZigZagbionicsOsc, Developer: Bionics, Swingman, new treadmill dosimeter,



In my second overview window the following indicators are included.
The green line is the EURUSD shown as a line chart. The red line is the mirrored dollar index, as it usually behaves contrary to the euro US dollar. In addition, my trend strength indicator was used.

1. Overlay Chart Indicator, Developer: S.B.T. ,This indicator works only if your broker provides you the dollar index. He compares the EURUSD with the dollar index in the 1M chart. You may need to change the name of the Dollar Index as this varies from broker to broker.

2. smZigZag-Bionics, Developer: Bionics, Swingman, new threshold strength indicator,

Here you can see the essential dates that are coming up in the EURUSD. The important dates appear in red and the unimportant dates in yellow. I prefer yellow and orange appointments, as I often do not work on red dates.

3. News Calendar Indicator, Developer: eucild high impact FF member, Important dates that can affect my currency pair are displayed here from Forex Factory. Many settings are possible.

Here is an interesting currency strength indicator that shows the changes with arrows. There is already a newer indicator yes also reacts faster, but I like the display of the old indicator better.

4. CM Strength Indicator, Developer: palpite high impact FF Member, An interesting indicator about the strongest currencies.
Next to it is a clock that you can set individually.

5. Time indicator, Developer: FX Automated,
The display below shows me the average pip number within a certain time sequence. It is always easy to see the current volatility.

6. Average candle, Developer: cja high impact Member FF, The average candle time can be set individually here. I work here with 3 averages 900/30/1.

7. In addition to the important dates you will see three lines a green red and white.



In principle, this is a 5 minute chart with three moving averages. An exponential MA with the setting 9 in the 5 minute chart (white line), a simple MA 9 from the H1 and a simple MA 38 also from the H1. This is just an overview of the trend consequences for me. If the red line is above the green line = downtrend. If the green line is above the red line = uptrend. The white line shows a faster change.



Here you see twice an M1 Bionic Chart, which is divided into bullish and bearish candles. In addition, the density indicator has been added. In Post 283 I have written a detailed report about it.

https://www.forexfactory.com/showthr...6#post10777396

Now the indicator has been modified and divided into bullish and bearish strength. The indicator can be downloaded at the end of the blog.

1. smBionicChart-Histogram_v1.ex4, Developer: Bionics, Swingman, completely new chart view,

2. smZigZag-Bionics, Developer: Bionics, Swingman, new threshold strength indicator,

3. Density_Histogram_Red_Green, Developer: palpate high impact Member FF, idea: Bionics, Thank you very much, palpite,



The following overview window is structured so that I have arranged the bullish segments in the upper area and the bearish segments in the lower area.

The left overview panel is the decisive one for me. In the upper part the euro is compared with all the major currency pairs while the bottom the dollar is compared with all the major currency pairs. If the upper part is green and the lower part is red we have an uptrend if the upper part is red and the lower part is green we have a downtrend. Green means strength, red means weakness in the respective currency. Please note that this is only the 1 minute chart, which is a very short term range.

1. MADdash indicator, Developer: honestknave high impact member FF, A multi timeframe dashboard looking at price. Listed are 17 ads from 1-17. Here the size can be changed individually. Green means Euro strength, red means Dollar strength. Timeframes from left: 1M, 5M, 15M, 30M and 1H.

Next to it are two candles in the M1 once from the EURUSD and once from the Dollar Index.

2. Chart Indicator, Developer: fxcoder, that was linked to the dollar index

Next to it are two more strength ads in Euro and Dollar.

3. Cruscotto indicator EUR and Dollar, Developer: Andrea Salvatore, Interesting strength indicator of time units in the EUR

In the middle is the Candle Strength indicator for all time units. The Candle Strength indicator displays the distance between the open and close as a percentage of the total height of the candle.

4. Candle Strength indicator, Developer: Hanover high impact member FF, Hanover has adjusted the indicator for me, I used the following time units: 1M, 5M, 15M, 30M, 1H, 4H, D, W1, MN

On the far right is the current price, the costs in pip, as well as another interesting indicator: S-KG Buyer Seller indicator.

5. Price Display mnc, developer: cja high impact Member FF, very interesting tool with variable settings,

6. Spead_5Digit, Developer: Andrij Moraru,

7. S-KG Buyer Seller indicator, Developer: saronko high impact Member FF, Thanks to Kang_Gun source code and FerruFx advice, The indicator, reacting quickly to price change. In addition, a current price indicator and the spread was incorporated.

At this point I would like to thank all programmers who have programmed these great tools.

Of course there is also a small hook in this great overview. The more information I get, the harder it gets to keep track. However, like everything in life, this is a matter of training. Of course, you can set up the dashboard at any time to suit your individual situation. As you've noticed, my dashboard changes regularly as I notice there are other signals that give me faster information.

This dashboard gives me another confirmation once I have already made a decision to enter a trade. So you should only use it for support. But it is extremely well suited for this and delivers signals quickly and efficiently. However, you have to work with it for a while to get used to it and to handle it. Remove the indicators that do not help you. I am convinced that one or the other tool will certainly help you.

The dashboard in Post 739 was built so that you can easily install it. The optimal screen size is 1920 x 1080, otherwise you will need to customize the dashboard.

I wish you much joy and success with your dashboard and I am pleased about your feedback.

best regards