The Equilibrium, a key to success!

Bionic Dashboard currency strength

Hello dear traders,



Today I would like to introduce you to another interesting dashboard in our project 3. This is primarily about the respective currency strength of the euro and the dollar. It is important to note that the currency strength indicators are influenced by the price, not the other way around. In addition, indicators are always lagging behind the current price. That's why I never recommend trading based on indicators. Nevertheless, you will receive interesting information from this type of compilation. Before we start, first take a look at how this dashboard looks in practice. The dashboard was recorded for 5 minutes on Friday at 14:31 CET. There was a high volatility. The course has risen first and then run down.




Let's take a closer look at the indicators



CCFp Indicator
Developer: SemSemFX
Interesting currency strength gauge

The indicator at point A indicates the strength in the euro with the green line and the strength of the dollar with the red line. It responds somewhat slower than the underlying currency strength indicator. The dashed white line is the zero line. If a currency lays over it is considered strong if it is lower than weak. However, this line also includes other currencies that were made invisible. Of course, you can compare all main currencies with each other.

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


The currency strength indicator (point B) is a kind of currency basket where two different indicators, in this case the euro and the dollar indicate the current strength. This indicator responds very quickly to currency fluctuations and is therefore a nice confirmation to the upper indicator. In doing so, I made a very interesting observation that sometimes this indicator reacts faster than the price. The following situation: The red line of the dollar and the green line of the euro are both slowly going down. So we are in an equilibrium. Suddenly the green line shoots up. Which means that the euro will be much stronger against the dollar. A few seconds later, a bullish candle is created. I once tried to act for fun. This has worked a few times, but I strongly warn against doing it. This type of ad now takes some getting used to. If the green line is up and the red line down, it means we have a strength in the Euro and a weakness in the Dollar. That speaks for rising prices. If the red line is up and the green line is down, it means that we have a strength in dollars and a weakness in the euro. That speaks for falling courses. Since many of them also deal with other currency pairs, I have posted them at the end of the RS Group currency basket. There you will find the major currency strengths.

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

The CFP indicator (point C) is, in principle, the result of the strength of the euro and the dollar. So it's a translation of the chart. If you compare this line with the price history they will realize that there are some differences. Since one can do without the indicator, I have installed it only once in the M1. However, it is certainly helpful for a start.

smZigZag-Bionic Oscilator
Developer: Bionic/SwingMan
Interesting trendindicator

At point D you will find the Bionic Oscillator. As soon as a green dot emerges, the price could go up, as soon as a red dot appears, the price could run lower. Under no circumstances should you enter a trade in the creation of these red or green points. These points are generated from the zigzag indicator. This means that always the penultimate green or red dot is no longer changeable. Thus, the newly emerging point can actually only occur at a later date.

smZigZag-Bionic Chart
Developer: Bionic / SwingMan
Interesting new candle

At point E, the Bionic Chart is a single current candle. This is actually only a small help to the overview.

At point F you will find a candle count-down, which shows you how long it will take until a new candle appears.

This dashboard consciously integrates all time units so they can choose their own time unit to focus on. As already described in Post 777, load the indicators into your MT4 and put the folder "8 Stärke CCFP Neu" in your folder: Profiles. After closing and reopening your MT4, you can now access this profile: "8 Stärke CCFP Neu ". Of course you can exchange the required currency strengths in this dashboard. The dashboard can be a good help now and then. Just install it and judge for yourself how the currency strength behaves during the day. As I said indicators are only an aid to get confirmed, what you already suspected.

The project Dashboard will be completed next week. There are still missing the main chart images to determine the resistance. Additionally, I will post an analysis on the Bionic Trend Strength Indicator to explain the numbers above the turning points. The next project is already up and running and should bring us significantly ahead in terms of supply and demand.

I hope that you have further support here and I look forward to your feedback.

best regards

ESMA will not let up

Hello dear trader,

ESMA has extended the restrictions on CFD and Forex trading for another 3 months. The restrictions that have been in force since August relate primarily to the amount of leverage that can be speculated on in CFD and Forex trading. On 26th September the European regulator ESMA decided that the restrictions on CFD and forex trading for retail customers, which had been in force since 1 August 2018, would be extended for another 3 months until 31.01.2019. The protection of retail investors in CFD trading can only be guaranteed if the restrictions set by ESMA continue to apply. It has therefore decided that the restrictions will continue to apply from 1 November. A few weeks ago, ESMA also extended the ban on Binary Options for another 3 months.

Until further notice, the following restrictions apply to CFD trading:

30: 1 leverage for major currency pair = 3.33% margin
20: 1 leverage for the major indexes = 5% margin
10: 1 leverage for commodities (gold not included) = 10% margin
5: 1 equity leverage = 20% margin

Margin Close Out: a defined threshold at the account level, upon reaching which the providers are required to close the open CFD positions (at 50% of the required margin). As a result, an investor can lose a maximum of 50% of the invested capital with one transaction.

Prohibition of additional liability (had already applied in Germany before the intervention by ESMA)

Restricting the incentives to trade in CFDs (bonus on deposits, etc.)

A standardized risk warning that must include an indication of the percentage of retail investors in the specific CFD provider that are making losses

The CFD industry has massive problems

Due to ESMA's restrictions, there have been massive relocations abroad where high leverage can still be traded. These new ESMA rules are already beginning to impact the earnings of CFD brokers. Last month, big brokers announced sales declines of up to 21%. There were already increased profit warnings for shareholders.

The professional trader is a VIP in CFD trading

However, there are still customer groups that are allowed to trade unchanged without any leverage restrictions. These are customers who are classified as "Professional Customers". This is why most brokers have created two account models, divided into private investors and professional investors. The Client must demonstrate that, on the basis of his experience, knowledge and expertise, he is in a position to make an investment decision and to adequately assess the risks involved.

He also has to fulfill two of the following three criteria:

1.In the past four quarters, it has been proven that leveraged financial derivatives have traded in significant sizes.
2. You must own a portfolio of financial instruments in excess of € 500,000.
3.Man must have been proven to have worked for at least one year in a relevant position in the financial industry requiring knowledge of trading in derivative securities.

Many brokers now want to specialize in professional traders. If you look at the distribution of sales, this becomes clear. Professional customers bring the most sales. According to some brokers, the share of professional traders is 40%. If you look at the balance sheets of the largest brokers, you find that a good broker earns between 3,000 and 3,600 euros per annum and customer on average.

That means:

5% are approx. Professional traders = 40% turnover
95% of the remaining traders make up 60% of their turnover and more than 85% lose their money

Let's assume that the broker would only offer CFD (which of course is not the case, but is only to be taken as an example). When you trade a lot, the broker receives about $ 10 in fees. If the broker now makes 3,600 € revenue per customer, that's 360 Lot per customer per year. Suppose the broker has only 1,000 customers, then the breakdown looks like this.

1 lot costs 10 € / 360 contracts per customer
1000 customers = 360,000 Lot per year

Division:

50 professional traders trade 144,000 lots per year
950 normal traders trade 216,000 lots per year

Result:

50 professional traders trade 2,880 lot / year equivalent to 12 lot / day
950 normal traders trade 227 lot / year equals 1 lot / day

While a professional trader makes € 1.2 million in sales per day, the average trader comes to just € 100,000. In this case, the broker only needs to gain 125 professional traders to generate the same revenue as currently with 1,000 traders. This drastically reduces the costs, since he does not need so many employees anymore. On average, the brokers come to 1 employee per 100 customers. In our case, the broker could reduce 80% of the employees. And employees in a company are always the highest cost factor. If the broker drastically reduces the fees for professional traders, he will quickly gain new professional traders. At the same time he is relocating his employees. The return will please the shareholders.

This scenario is not a nice thought for non-professional traders. We will see where these restrictions lead in Europe. It will not be that bad, because in America this scenario has been in place for many years and it works.

Schoppenhauer once said aptly: Mostly only the loss teaches about the value of things.

I wish you a great weekend.

best regards

Very good.

.

Hello palpite,

Thank you for the friendly compliment, I hope that today's trading day was very successful. Tomorrow I will post some interesting dashboards for Project 3 and conclude Project 3. More projects are coming up and need my attention. I think that's really exciting because it makes it easier to identify future resistance zones. We come a little further each day and that is a decisive step. Thanks for your support.
Beautiful evening.

best regards

Bionic Home Screen Project 3

Hello dear traders,

In the last few weeks, project 3 involved various dashboards, which can provide important information about the course runs. These dashboards consist of support indicators that, as you know, are generally slower than the price and thus trailing. Nevertheless, you get important information.



My main workplace consists essentially of 7 screens. 2 x 23 "screens, which provide me with information in the very short term. 4 x 32 "screens that provide me with customized information as needed. All dashboards are stored in each Metatrader and can be adjusted individually and in seconds and completely changed. All information here refers to the EURUSD, but can be quickly changed into other currency pairs. Due to the information on these smaller screens, I basically make no trading decision. For this I use exclusively my 55 "monitor where I identify my zones in the range of supply and demand. When I have identified a zone and the course is progressing to that zone, sometimes the dashboards help me find the right time to make a trade decision. The last few weeks have been about the dashboards you see on the smaller screens. Today I want to introduce you to my main screen and what kind of dashboards I use for this. So that you can get a small impression, I have prepared a video for you. In addition to 3 main dashboards you will find 2 additional showboards on which we have already spoken at length.



Now let's look at 5 different dashboards in detail.



Basically, I have inserted 9 different time units for all dashboards. This is important because different time units also require different adjustments of the individual auxiliary indicators. To save time here, all time units have been individually adjusted. If I have opened 9 units of time, a chart on my big monitor is still 18 "tall. That's enough, but I like working on a chart to identify my zones. The charts are optimized for a 1920 x 1080 screen, but run with customization on each screen. Basically, the chart opens with 9 time zones, for a better overview, I limit myself to the following charts on the H1.



Here you can see the already known Bionic Chart, in addition to a time unit display you will find the Bionic trend strength indicator and the daily open with a pip range. With this type of display without wick, the trend strength within a candle can be displayed more clearly.



Here is a modified version of the Bionic Chart. A pullback is not visible in the candle, but the main strength. I like to work with this type of ad, as it helps me to identify specific zones more quickly.



For those who do not like to work with candles, this dashboard has been developed. As with the Bionic Chart, it shows the pullbacks within the price history, as well as the Open and the Close. For me much clearer than the standard view.



Here you can see the chart how it should be constructed correctly by the logic. With a closed candle, the upper wick would always be red and the lower wick always green. This makes it easier to identify pullbacks. Due to the wicks, it is relatively difficult to tell a difference to the normal candles. That's why I prefer to work without wicks.



Of course I have a standard chart incorporated for those who prefer to work with it.



In the upper chart you can see how some resistance lines have been incorporated. After a certain time you might want to delete these lines again. However, the profile stores all the changes you make to the chart. If you call a new profile again, nothing changes. Of course you could save 9 templates, but the effort is too big for me, because there would be a total of 45 templates for 5 dashboards. To clean up the picture, I enclosed a simple "clean your screen" indicator that just needs to be drawn on the screen. This deletes all drawings on the chart. Do not be alarmed, as all ads disappear from other indicators. Once the drawings have been deleted, the "Clean your screen" indicator must be removed and all of its indicators will return to normal.

To be able to access the charts, please copy the indicators into the Indicators folder and the 5 profiles into the Profiles folder of your Metatrader. After a restart you can open all profiles. Now choose the type of chart that works best for you. Exactly with this empty chart I start my setup in the morning to prepare myself for the day. The resistance lines are of course matched with all time units. I usually start with the D1, as the resistance levels for the month and the week are fixed for me. From the daily chart you work now in smaller and smaller time units. At the M15 you can stop because the M5 and M1 are too inaccurate. These time units can be used if the volatility is very low. My favorite time unit is the H1, where I usually find the most effective resistance levels, but that's often a question of price history.

Once I've plotted my resistance lines, I check them down with the individual charts. After that I change to the M5 with which I act. Of course, I also draw auxiliary resistance lines there, but you should use it sparingly. Now look out for the trades that are interesting from the risk-reward ratio. And off you go.

This week I will be posting a blog on the Bionic Trend Strength Indicator, as these values above or below the candle give important information.

I hope I could give you some support and please do not despair. It took me 10 years to understand the market from my point of view, and yet I often make a mistake too. There are days when you think that everything you have learned is for the garbage bin and the next day the world is fine again. On such days, I'll just quit and leave it. The right trade are a big challenge in the forex market. But with the right help, it will be a little easier

I wish you good luck and look forward to your feedback.

best regards

Project 3 is now over, now we can start working.




Dear Subscriber,

In the last few weeks you have received a candle picture in the project 1 with the bionic chart, that did not exist before, as well as with project 2 a new trend indicator, which we will talk about in detail. Project 3 (Dashboard) is finished so far. Of course, I continue to develop my dashboards and will post an update as soon as there is serious news.



Of course, with many of you working with 2 or 3 screens, not all dashboards will fit your workstation. That's why it's time to pick the best dashboards, or put together individual dashboards that can help them with their work. Think of it as a kind of buffet, what you like, pack on your plate, take some things with you to try, just ignore the rest. Better a large selection than no choice. The creation of the dashboards and the videos with the installation instructions were a lot of work that I liked to do for you. Some of you have already written that they have achieved very profitable results. That makes me happy and it shows what's behind it.

The foundation stone has been laid and many of us are now on the same level with the Metatrader. If we talk about charts now, everyone has an overview right away, because that's very important for future projects. Next, we'll look in detail at the bionic chart and the trend strength indicator. These aids contribute significantly to success when it comes to supply and demand.

The goal of supply and demand is to recognize the possible trend reversals in advance and to look for and enter into the trades that promise an interesting risk-reward ratio. Achieving 50 pip profit with 5 pip risk is a worthwhile goal. The amount of lots you decide yourself. The novel bionic chart and the bionic trend strength indicator provide very interesting information. There are some approaches on how to measure the price strength individually.

In the next weeks we will deal with these things exactly and exchange ideas, discussing together to progress. You will get very interesting tips on how to train this kind of trade down to the smallest detail without risk and they will sharpen their senses. We will also talk about the majors, gold, indices or stocks, because this type of trading helps them in all areas.

We do not need news, standard indicators or opinions from external experts, we focus on the pure chart. That's enough and effective. If you feel like it, I like to invite you. I do not promise them that it will be easy and certainly not that everything works right away. But I promise you that we will get better every day, provided you work with us.

Nice to have you with me and I look forward to a very interesting time, together with you.

Beautiful evening

EURUSD Midterm Options

Hello dear traders,

In some of my post I have repeatedly noted that it is not worthwhile for me if the FED or ECB holds a meeting, because often in the overall course, nothing changes. An important election in America is an equally important moment, leaving its mark on the EURUSD. In the Midterm elections, America has re-elected the composition of the House of Representatives and parts of the Senate. The US republicans were able to defend their majority in the Senate, while the congress will be dominated by Democrats. It is already becoming apparent that this is a choice with many historical results: for example, more women than ever will be in the House of Representatives in the future. At midnight local time (6 clock German time) closed the last polling stations in the western US state of Alaska. Because of the many time zones in the US, the election had a total of 18 hours. It will take a few more days until the final result is known, because in California, for example, absentee ballots are only counted in the days following the election.



At 1:30 CET, EURUSD had its first reactions at point A and lasted 6.5 hours to point B against 08:00 CET. Let's take a closer look at the movements.



At 1:30 CET, the price went up 38 pip, then down 79 pip, then 77 pip up, and finally 36 pip down. A total of 115 pip up and 115 pip down. A nice equilibrium. The key is not the choice, but how the participants respond to these results.



The price came from a strong 1.13 demand zone and was on the way up. At 1.14353 the game started. Up and down and ended again at 1.14353. I have cut out these 6.5 hours once and you can see that nothing really has happened. Nevertheless, money was shifted, one won, the other lost. These situations are a chance for many traders to make quick money, but don't risk too much.



Quite interesting is that the resistance zones have not changed, quite the contrary, the course has continued on a path as if nothing had ever happened. Of course you can be lucky and make a lot of money in such a situation, but it's always stupid if you do not know why you won this trade. Crucial are the winning trades that are repeatable and which a successful retailer should look for.

To compare that with a sailboat: Of course I can get from A to B faster in a storm, but in such a situation you can not control well and you are focused on not going down. That's why I prefer to stay in the safe harbor. As soon as the storm clears, I sail out. The journey from A to B takes longer, but I arrive relaxed and can enjoy sailing without destroying my boat. If you see strong candles on the chart afterwards, do not be sad that you were not there. These strong candles will help you in the future as they break strong resistance zones, making it even easier to see these invisible zones. This makes dealing with supply and demand much easier. For this I will once again write another blog.

I wish you a successful trading day.

best regards

Shortcuts in MT4

Attached Image (click to enlarge)

Hello dear traders,

Since you have received a lot of tools for more effective trading in the last few weeks, I would like to provide you with an aid today to execute certain commands with the Metatrader even faster. Many commands that we do awkwardly via the menu bar, often go faster with one click on the keyboard. Surely you already know some shortcuts, but certainly not all.(only for Windows)

best regards

Bionic trend strength indicator

Hello dear traders,

A few days ago I promised to post more information on the new and already published Bionic trend strength indicator. The blog was a little more elaborate than expected, but I hereby release my promise.

During my many years as a trader, I've always wanted to have an ad next to my chart that always tells me exactly if we have a supply market or a demand market. I have tried some 1000 indicators and have always failed. Several years ago I started to develop my own ideas that bring me closer to this goal.

An indicator for me is like a kind of navigation system, It calculates for me an optimal way and makes me a suggestion. However, I'm in the car to give gas, steer and brake. And I do not depend on my navigation system. I am in control of my vehicle and not the navigation system. Nevertheless, it often helps me to achieve my goal faster.

In each market, the price is determined by supply and demand. The quantity available on the market represents the supply, while the demand is the quantity that buyers would like to purchase. Any change by offer and demand will be returned from the price. Before a price rises or falls, an equilibrium is created. Once this balance is disturbed again, the price moves in the direction of supply or in the direction of demand. The price goes up in a demand zone until the pressure of the supply zone is greater.



In the EURUSD monthly chart of 1972-2018, the price moved into a strong demand zone in January 1985 (zone A). Zone A was so strong that it pushed the price up for ten years until March 1995. In Zone B, the supply market was so strong that it pushed the price down for over five years until it entered Zone C in October 2000. Strong demand in Zone C eventually pushed the price higher again.
In Zone A, demand was much stronger than supply, which increased prices. In zone B, supply was much stronger than demand, which resulted in a price drop. Within this demand or supply zones, one sees many equilibrium that represent a balance between supply and demand.

Since I act exactly according to supply and demand, I am of course looking for the zones that initiate a turnaround. Of course, there are different trends in different time units. As an example, let's just take a look at the demand market from Zone A to Zone B. Within this uptrend, you can also see some downtrends that have taken several years.

So I'm looking for a navigation system that helped me identify these zones. Here I came to an indicator (ZigZag) which is actually no indicator. With the zigzag indicator you can not trade, because only the penultimate tip is fixed. Even if he creates a new syringe, this situation may still change. However, this indicator has a property that no other indicator possesses. With the right attitude he shows me all HL, HH, LH and LL in each time unit. And that was the breakthrough for me. For me, it is crucial to know what strength the price has been within a demand market or supply market. And that's relatively easy to figure out over the average pip per candle.



Point A

Let us take a closer look at a concrete example in the weekly chart of the EURUSD from 1998-2003.
At point A, the price fell within an offer market, averaging 60.4 pips per candle. Dividing 2296 pip by 38 candles is the result. This means that the price has dropped by 2296 pip within 38 weeks. Of course, this result also includes the upward trend of over three weeks that has taken place within this supply market. This downtrend was very sustainable because it took over 38 weeks.

Point B

We are in a demand market and the price went up by an average of 240 pip. This means that the strength has increased significantly, but with a low sustainability. That speaks for a possible pullback.

Point C

The course has now gone down by 90.2. That means the strength down has increased.

Point D

The uptrend finished at 157.2. We recognize that the strength of the uptrend has slowed significantly and the strength of the downtrend has increased significantly. The two uptrends could be identified as a pullback. That speaks for a further downward trend.

Point E

A sustainable downward trend has continued, but sustainability has slowed somewhat. The trend has become a bit stronger.

Point F

A fast and strong uptrend with 285.3 has emerged. This trend was not sustainable and therefore a potential pullback. The likelihood of another downtrend is given.

Point G

The downtrend has become stronger, however, has lost in sustainability. The stronger a trend becomes, the higher the opportunity to identify the trend as a pullback. If you look at the strength of past downtrends, you find that we had the second strongest downtrend here.

Point H

The uptrend was now 136.9 strong. Compared to the last uptrend, this trend has weakened. This situation also speaks for another downtrend. But there could soon be a major turnaround, as the price wants to go up.

Point I

The downtrend has ended with a magnitude of 48.1. That was the lowest strength in the entire downtrend. From this one could conclude that a trend reversal can take place. Of course, this trend reversal has already taken place, but you can not know that at this point.

Point J

The uptrend ended at 89.9. The strength has indeed declined compared to the two previous uptrends, but we have no typical pullback here. The trend has definitely become more sustainable. That too could speak for a further upward trend.

Point K

The downtrend with 40.7 shows the least strength, however, a greater sustainability. Once you compare the last three strengths of the downtrend, you can see that they have become much weaker. That could be an indication of a possible further upward trend.

Point L

The uptrend ended at 68.7. Although the strength has diminished, sustainability has increased significantly, which could speak for a further upward trend.

Point M

The downtrend has become much stronger than the last two before. In addition, the downtrend is somewhat weaker than the uptrend. Of course the candles are also important and the ZigZag indicator can not always work 100% properly. You can see here a typical equilibrium due to an uncertainty. As you can see, the course went down quickly and then turned into equilibrium. Displaying this situation correctly is a challenge for the zigzag indicator. However, based on the information given, one can expect a further upward trend.

Point N

At 59.2, the trend has weakened, however, the sustainability of the upward trend has increased.

Point O

For me, this 585 return is clearly a pullback, but this trend is very strong as well and it gives me a warning that a stronger downtrend could possibly take place after the next uptrend.

As you can see, these numbers are based only on conjecture and are of course not specific indications. Since the course is formed by chance, it always behaves differently at high points. Sometimes a trend change takes place quickly, sometimes it takes a long time. In addition, you should of course see the candle movements. Nevertheless, these trend strengths help in identifying possible long-term trends.



Let's take a look at different trends.
The smaller a number the weaker but more sustainable the trend. The larger the number, the stronger the trend but less sustainable.

Strength

The strength of a trend is determined by how high a trend is within a short period of time. Strong and short-term trends often characterize a pullback. These strong trends are often needed to break strong resistance zones.

Sustainability

The sustainability of a trend is determined by how far a trend runs over a longer period of time. If a trend goes down for a longer period of time, it means there was no objection from the buyers within that period. And it also means there were no major resistance zones, otherwise the course could not go down over this long period of time. This sustainability is a very decisive factor for me.



Let's take a look at this course after I have colored it. The red zones show the supply market while the green zones show the demand market. Zone A and E are the most sustainable zones in the downtrend. You can see very well that the uptrend has taken some time to actually go up. Zones B, D, and F are not sustainable, so they did not pose a threat to the downtrend. Zones H and J were much stronger than B, D, and F. In principle, we moved from point G to point K in Equilibrium. It can be seen that at point L, the sustainability of the upward trend has increased significantly. This gives a clear indication of a longer uptrend.



Let's look at another example from the EURUSD week-start 2010-2015.

Point A

The value of 140 below the trend A indicates a pullback and there is an indication that the downtrend has become much stronger. This trend has closed at 129.1.

Point B

The trend has closed at 110.1. Although the strength of the downtrend has diminished somewhat, it is still very strong.

Point C

The uptrend has closed at 101.6. the strength of the uptrend has diminished and is less strong than the last downtrend.

Point D

With 101.3, the strength of the downtrend has subsided. It can also be seen from the candles that a strong pullback has taken place within this trend. Of course, this strong pullback has massively reduced the overall average trend strength.

Point E

The uptrend has closed at 143.6, indicating that the trend strength is increasing.

Point F

The downtrend ended at 65.6. That was sustainable, but also very weak. Let's take a look at the past points. The downtrend has weakened as the uptrend has strengthened. That could be an indication of a possible further upward trend.

Point G

The strength of the uptrend has increased significantly.

Point H

The downtrend of 63.7 is not a typical pullback, but it has weakened.

Point I

The uptrend has now become much weaker, a possible setback is in question.

Point J

In fact, the downtrend has now become stronger. From another reset you can go out.

Point K

The uptrend has become significantly weaker again, a possible setback is in question. However, this upward trend is also very sustainable.

Point L

220.2 is a typical pullback so it could go up.

Point M

The uptrend has become stronger, but less sustainable.

Point N

268 is a typical pullback so it could go up. However, this downside strength shows that we can soon expect a longer-term downtrend.

Point O

The uptrend has become stronger, but less sustainable.

Point P

Now the downtrend has become much weaker, but sustainability has increased.

Point Q

At 39.7, the strength has dropped significantly. If you see how the strength of the downtrend has developed you can draw conclusions from it.

Point R

The downtrend has gone down but it has lost much of its strength. Then the course went into a two-year Equilibrium.

So you realize that both the strength and the sustainability of a trend matter. There may be different interpretations of a trend. I would like to emphasize once again that my interpretation is certainly not correct and 100% effective. After all, it is a new indicator that did not exist in this form. Therefore, we must certainly work on the interpretation a little more closely. Nevertheless, these values help me in my daily work to recognize certain trend consequences.

As already written, I focus exclusively on my supply and demand zones. These auxiliary indicators help me with this. Maybe you too have some experience with this indicator and I am looking forward to your feedback.

I would like to warn once again against entering into a trade on the basis of this indicator. This indicator may provide very important information, but should only be used as a supportive tool.

The next project we are going to deal with will be exactly this trend indicator, but it will take some time.

I hope I could give you some information and I look forward to your feedback. I wish you a successful trading day.

best regards

Hello dear traders,



As already written a few weeks ago, I believe that the price must come below 1.13006 to continue its long-term uptrend. I have drawn a possible resistance line once. 1.1299 to 1.1285. however, the price may well go lower as the large demand zone starts at 1.118. Whether the course comes today in this zone, remains to be seen.

I wish you a successful trading day

best regards

Successful video test of Bionic indicators

Hello dear traders,

Some subscribers told me that two of my videos may have been misinterpreted, so I'd like to correct and complete that. After having developed the Bionic Chart and the Bionic Trend Indicator exactly 1 month ago, I wanted to know how to work in the field of supply and demand in practice. I created a 5 second chart and recorded this chart live during trading.



The chart shows the Bionic Chart and the Bionic Trend Indicator. Before the start I drew a resistance line and then started the video. In 10 minutes, about 200 bars were drawn and I wanted to know to what extent I can determine exact resistance zones.



10 minutes later I drew 6 more resistance zones and I could predict the course almost exactly. In the video I show with the mouse, clearly the further course. After the course went over the last zone of resistance and I finished the video, the course has taken another leap to the top. All the resistance zones that I drew live during the video and got started reacted almost exactly.

Since I'm not a clairvoyant and can already know what's going on, it's still amazing that the new chart image, the trend indicator and my knowledge of supply and demand can deliver such amazing results. Have a calm look at the video and decide whether you should deal with this kind of trade in the future. When I started the video, I did not know where the course was going. I focused on my knowledge and the new support indicators. That all my drawed zones have reacted exactly can not be a coincidence within 10 minutes. That's why I shot another 30-minute video that I'll write about tomorrow.

By this I just want to show that, in principle, anyone who deals with it, can optimize his assessment of the course significantly. Of course, my assessments are not always accurate and I make enough mistakes, but it's all about getting better. And I'm convinced that this approach can be learned by anyone who wants to.

Here is the video again.



If you think this is a fake, may I tell you this. In order to make the video forgery-proof, I used a 5-second chart, which you can not call in the strategy tester in retrospect. In my second video of 30 minutes, I also added a time display. In addition, a counterfeiting brings no advantage, since I do not earn any money with these indicators and will not earn money in the future. My only and stated goal, together with successful traders, is to bring this project forward. In a joint collaboration, we save time and reach the goal faster. That's why I created this blog.

I wish you a nice evening

best regards

Hi Bionics

Could you please next time enable both bid and ask on the 5 second chart? It's very interesting but I think spread would be too high for this kind of trading.

Best wishes
Hope

Hello 3ndlessHope,

First of all, welcome to us and you really have an original name. I do not trade in the 5 second chart, it only served as a test. If I had made the video in the 1 minute chart, it would have taken too long. I trade in the 5 minute chart with an average stop of 4-5 pip. My spread is 0.5 including all costs, which I find relatively cheap. I've also traded in 5 seconds chart, but you're right, this is in the long run unprofitable. I wish you a nice evening.

best regards

Live video with the bionic chart

Hello dear traders,

after my first 10 minutes video in the 5 seconds chart, I shot another video that showed the future course. On 11.10.2018 I shot the video from 11:22 to 11:52 CET that lasted 30 minutes. In the 5 seconds chart 600 bars were recorded and I hoped for some jumps. In addition, I added a time display and was in the course of several times the price of a current candle show to prove that this is a realistic and live video shot.



The upper red resistance was in my view, the breakthrough up. I recorded this future price history already 30 minutes before. When the video began, the price was within equilibrium downtrend.



When the course had overcome my line, it accelerated sharply and a longer uptrend began.



Here you can see an overview in the 1 minute chart and in which period the recording of this video took place. They realize that the uptrend has reached 60 pips. My resistance zone was 1.15500 to 1.15503.

Annotation:

When the video started, I had roughly drawn two resistance lines. Although I knew that the course was still a bit down, but how far he came down, was very difficult to see. Another challenge was that I did not use higher time units to find zones, but only took the 5 sec chart as the basis, so my resistance zone was only 0.3 pip wide. In the 5-second chart you have to react very fast and have no concrete candles available. The course is very volatile and you get a lot of information that you have to process within seconds. Responding to this is a challenge. In the video you can see that I was unsure when running down the course and had no proper starting points. So you can only improvise and try to predict the course of the course on the basis of the many information.

If I have a strong resistance zone and I can assume that the price can break that resistance zone, then I'm basically looking for a good entry point below that resistance zone. If the resistance zone fails and runs back, I have no loss, so it's important to get in front of the drag zone. The advantage is that I am already in the market when the price is now high through the zone. If I put a sellstop over the drag zone, it can really go wrong if the price is turned down sharply. When things go well and the price goes up sharply, I usually enter the market way too late and lose enormous potential. That's why a sellstop is not an alternative for me.
If you look at the video, please note that no one is able to accurately predict all trend sequences and trend lengths, especially in the 5 second chart is extremely difficult. My marked resistance zones in the video had a width of 0.3 Pip, which is already sporty. My rough assessments of individual zones were correct and decisive was the overall result and that was true.



Finding the right entry point in an Equilibrium to negotiate a breakout without losing heavily is indeed not easy, but with experience, a keen sense and sometimes a little luck, this is not rocket science. However, I rarely do a breakout, I prefer something more predictable and I prefer to act where little traders are willing to join. As a Countertrend Scalper you have to react very fast and have no time to perform long candle analyzes, so a 5 second chart is a very nice workout to improve your reactions. I will make you a concrete proposal next week.

I wish you a nice weekend

best regards

Dear Michael,
Discovered your thread today and I could not stop reading. It took me about 4 hours to read and I enjoyed it very much! It will take some time to digest all the wonderful information.
You have been so detailed, helpful and encouraging. Your teqnique is refreshing and seems to provide a good edge.
I just wanted to aknowledge your outstanding work, dedication and selflessness. People like you bring hope in the world of trading.
Hat tip to you sir!!
Kind Regards, Peter

Hello dear Peterrr,

First of all, welcome to our blog: Equilibrium, a key to success. Thank you very much for the kind words, I am very glad that you like this blog and take you further. That's why I started this blog 10 months ago. It will indeed take some time to read and process this information. It is best to start from scratch because this blog is built like a book.

In this blog you will find per page about 6,000 words times 40 pages = 240,000 words. A book with 300 pages has about 100,000 words. So about 2.5 books have already been processed in this blog. Reading 200 words per minute, that means reading about 40 hours, studying the graphics again, 40 hours plus adding indicators and some test runs another 40 hours. That's 120 hours, but I think that these 120 hours will be worthwhile too.

The goal is to improve their trading style, thereby reducing losses while increasing profits.

The crucial point, however, is the independence of standard indicators, news or the opinion of analysts. This independence is the deciding factor that you can achieve in this blog.

I wish you much success and we are happy to help and advise.

Best regards

Michael

Find resistance zones easier


Hello dear traders,



The price of EURUSD is now in an area where we can not identify any direct resistance levels.



Therefore, take a closer look at the section 11.May 2017 to 5.July 2017 in H4.



In H1 you can probably find more exact resistance zones.



It will be interesting if you look at this 2017 zone and the current zone in 2 different charts next to each other. This makes it easier to create resistance zones.



Here is an example in the H1 chart

I wish you a nice evening

best regards

Combination of H4 and M15

Hello dear traders,

As already written, we had no reference price in the EURUSD from this morning on which we can identify possible resistance levels. I would like to point out another possibility.



On the left side you can see the EURUSD H4 from May to June 2017 and next to it the current price of EURUSD in M15.

By means of the H4 one can clearly see the resistance zones and compare them with the current price course. Of course, you can also draw only the zones, but it is clearer to have the same time the course in mind. You can combine all units of time together, try for yourself if you can handle this kind of overview.

I wish you a nice evening

best regards

Hello dear subscribers,



in the zone 1,12879 to 1,12941 there is a very strong resistance area from 2017. In order to break through this zone, very many buyers are necessary. Possibly the price could first stop and then go down again for a while.

I wish you a successful trading day

best regards

More concrete predictions

Hello dear traders,

At 3:00 pm yesterday, I once bothered to look for a specific resistance zone in H 1 using the Bionic Chart and the Bionic Trend Strength Indicator in June 2017. I just wanted to specifically pick a line of resistance that will become active next. Only a few months ago I would have set this resistance zone slightly higher, as the price at point A in a strong demand zone came. For me, the strong downtrend at point B was decisive. Within this strong downtrend, there had to be a strong resistance zone as the course went down with great force. As the price was in an uptrend, it was at this point in time that it entered this strong downtrend.




My post:

In the zone 1,12879 to 1,12941 there is a very strong resistance area from 2017. In order to break through this zone, many buyers are necessary. Possibly the price could stop and then go back for a while.




Result:

As you can see, exactly in this drawn zone the price has gone down. Let's take a closer look at this in 5 minutes chart.




At the blue arrow at 16:00 CET I gave my forecast. The course entered the zone and went down briefly. As you can see, the bearish pressure has not been enough and the course have to go over the last high. After that, the price went down 42 pip.

Conclusion: With the Bionic trend strength indicator one is able to determine possible supply zones or demand zones more concretely. Of course, one will not always be right with his prognosis, the decisive factor is that you are right in the long term.

best regards