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Bionic Chart - The easiest forex navigation

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  • Post #181
  • Quote
  • Oct 23, 2021 2:07pm Oct 23, 2021 2:07pm
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,146 Posts
Important message to everyone visiting our thread for the first time.

First of all, we are pleased that you would like to take part in this exciting exchange. So that you get the most important basics, please have a look at my first post in the interest of all members:

https://www.forexfactory.com/thread/...rex-navigation

Thank you and we look forward, to a constructive exchange with you. Greetings Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #182
  • Quote
  • Oct 23, 2021 5:22pm Oct 23, 2021 5:22pm
  •  Isabella_D
  • Joined Jan 2012 | Status: Member | 962 Posts
Dear Michael,
big thanks for the extensive Transfer of knowledge and experience.
I am very impressed and would like to thank you very much for the stimulating presentations.
Second try Start230331_FTMO I Return Today: 0.2%
 
2
  • Post #183
  • Quote
  • Oct 23, 2021 5:29pm Oct 23, 2021 5:29pm
  •  Isabella_D
  • Joined Jan 2012 | Status: Member | 962 Posts
Quoting starpro
Disliked
Greetings Michael, Excellent thread , is there any chance of altering the background color so that its easier to see what you are explaining PLEASE ... the contrast atm makes it almost impossible to see you zones etc etc regards SP EU{image}
Ignored
Hello starpro,
Does it help you if you change the settings on the video? See arrow below
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Second try Start230331_FTMO I Return Today: 0.2%
 
2
  • Post #184
  • Quote
  • Oct 23, 2021 8:35pm Oct 23, 2021 8:35pm
  •  starpro
  • Joined Jul 2015 | Status: Member | 857 Posts
Thanks Isabella , no I tried all those different settings , but it dosent matter , re-reading the thread the pic of the bullish/bearish % illustration gave me all I need to trade the A200 indice cheers SP
 
2
  • Post #185
  • Quote
  • Oct 24, 2021 12:05am Oct 24, 2021 12:05am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,146 Posts
Quoting Isabella_D
Disliked
Dear Michael, big thanks for the extensive Transfer of knowledge and experience. I am very impressed and would like to thank you very much for the stimulating presentations.
Ignored

Hello Isabella_D, welcome to our thread. I am honored that this information brings you added value and I think it is great that you are helping the attendees immediately, unselfishly. Thank you very much for that. I'm looking forward to working with you, best regards Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
1
  • Post #186
  • Quote
  • Oct 24, 2021 2:44am Oct 24, 2021 2:44am
  •  starpro
  • Joined Jul 2015 | Status: Member | 857 Posts
showing my amended desktop background to give instant recognition to "Bionics Candle " Thank you MIchael..
Attached Image (click to enlarge)
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Size: 79 KB
 
1
  • Post #187
  • Quote
  • Oct 24, 2021 3:36am Oct 24, 2021 3:36am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,146 Posts
Quoting starpro
Disliked
showing my amended desktop background to give instant recognition to "Bionics Candle " Thank you MIchael.. {image}
Ignored

hello starpro, yes great then it can really start. best regards Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #188
  • Quote
  • Oct 24, 2021 4:13am Oct 24, 2021 4:13am
  •  Tabary
  • | Joined May 2018 | Status: Member | 79 Posts
Hello mr Bionics

i want to thank you for sharing bionic indicator
i really appreciate you for sharing your finding from research that obviously take lot's of time and energy and you share it for free

not so many people are willing to share like you these days.


I just found this thread one day ago and it is very interesting for me
althou i trade mainly gold and the lowest time frame i go is 15M
i never go below 15M becaus it is to fast for me >.<
and another one of my top weakness is Price action T_T especially plotting the support/resistance or supply and demand zone...
always confuse me

i do the trade with indicator heavy, and so far haven't make any profit for me

but anyway i'am gonna use bionic chart and try to see how it goes
i hope i found something that can change the way we trading to have a better result

Thank you Sir and sorry for any misspeling, english is not my first language
 
 
  • Post #189
  • Quote
  • Oct 24, 2021 5:13am Oct 24, 2021 5:13am
  •  Bionics
  • Joined Dec 2017 | Status: //houston &#477;&#653; have a probl | 2,146 Posts
Quoting Tabary
Disliked
Hello mr Bionics i want to thank you for sharing bionic indicator i really appreciate you for sharing your finding from research that obviously take lot's of time and energy and you share it for free not so many people are willing to share like you these days. I just found this thread one day ago and it is very interesting for me althou i trade mainly gold and the lowest time frame i go is 15M i never go below 15M becaus it is to fast for me >.< and another one of my top weakness is Price action T_T especially plotting the support/resistance or...
Ignored

Hello Tabary, first of all a warm welcome and many thanks for your openness. It is perfectly normal not to be profitable, most traders do. Possibly the Bionic Candle can help you to break even in the long run if you focus less on lagging indicators. Of course, traders are always looking for the optimal setup to be profitable in the long term. But first let go of the thoughts of making a profit. The main goal of a trader is not to lose money. If you can do that, you will be among the 10% of the most successful traders in the world. I keep my fingers crossed for you and look forward to your cooperation. Greetings Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
1
  • Post #190
  • Quote
  • Oct 24, 2021 5:48am Oct 24, 2021 5:48am
  •  Bionics
  • Joined Dec 2017 | Status: //houston &#477;&#653; have a probl | 2,146 Posts
Important message to everyone visiting our thread for the first time.

First of all, we are pleased that you would like to take part in this exciting exchange. So that you get the most important basics, please have a look at my first post in the interest of all members:

https://www.forexfactory.com/thread/...rex-navigation

Thank you and we look forward, to a constructive exchange with you. Greetings Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #191
  • Quote
  • Oct 24, 2021 7:55am Oct 24, 2021 7:55am
  •  djorshuar
  • | Joined Apr 2018 | Status: Member | 37 Posts
Quoting Bionics
Disliked
Important message to everyone visiting our thread for the first time. First of all, we are pleased that you would like to take part in this exciting exchange. So that you get the most important basics, please have a look at my first post in the interest of all members: https://www.forexfactory.com/thread/...rex-navigation Thank you and we look forward, to a constructive exchange with you. Greetings Michael
Ignored
Everything still looks like Magic, can't get the characteristics of a key candle in all those videos, it 2ould have been better if there is a analytical diagram that points to the kind of candles that makes them KEY then one can now start relating.
 
2
  • Post #192
  • Quote
  • Oct 24, 2021 9:00am Oct 24, 2021 9:00am
  •  sleewc
  • | Joined Feb 2008 | Status: Member | 148 Posts
Dear Michael;
This is really great, as I am looking for this candle momentum thing for some times. I did spend the whole half day today to study in this Bionic Candle; and I add in some of my own method of trading with other indicators as well, I think the trading will increase the winning rate.

I'd like to share what I been working on for this half day, hope it benefit to everyone. I use to trade by using SnR, EMA, also refer to ADX crossed, RSI and Stochastic; which will be combination of these 5 indicators, and now I add in Bionic Candles.

Most of the time I trading Gold, and sometime during weekend if am free, I will look for scalping of BTC/USD. Please refer to below as my finding for 5M on Gold Trades Studies;

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Also, I did 2 paper trades of BTC just now, as my demo account do not have Crypto, and of course not going live before test the method;
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Thanks for your hard work. Tomorrow will test it will Gold trade, and will update again.

I have an suggestion, I saw somewhere in your post or video, you do have each bar for every time frame in your chart, which is very helpful, is it possible to have a dashboard, for each time frame, may be 2 or 1 previous bar bullish or bearish percentage (%), and current bar? This will be very helpful to identify next move for open trade.

Thanks again.
 
1
  • Post #193
  • Quote
  • Oct 24, 2021 9:48am Oct 24, 2021 9:48am
  •  Bionics
  • Joined Dec 2017 | Status: //houston &#477;&#653; have a probl | 2,146 Posts
Quoting sleewc
Disliked
Dear Michael; This is really great, as I am looking for this candle momentum thing for some times. Thanks again.
Ignored
Hello Sleewc, welcome to our thread. First of all, I think it's great that the Bionickerze helps you within the concepts you have created. But that's not the approach we're taking in this thread. Here we just want to talk about the bionic candle without any further indicators. The markets in which you trade contain a very high level of volatility, where the bionic candle does not provide as clear signals as, for example, in the EURUSD. To make it as easy as possible for everyone, we are initially only working with the bionic candle in EURUSD. We would be very happy if you could participate in our project. Kind regards Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #194
  • Quote
  • Oct 24, 2021 10:01am Oct 24, 2021 10:01am
  •  sleewc
  • | Joined Feb 2008 | Status: Member | 148 Posts
Quoting Bionics
Disliked
{quote} Hello Sleewc, welcome to our thread. First of all, I think it's great that the Bionickerze helps you within the concepts you have created. But that's not the approach we're taking in this thread. Here we just want to talk about the bionic candle without any further indicators. The markets in which you trade contain a very high level of volatility, where the bionic candle does not provide as clear signals as, for example, in the EURUSD. To make it as easy as possible for everyone, we are initially only working with the bionic candle in EURUSD....
Ignored
I understood that you using it for trading Euro/USD, that's just my personal exploring. if you think is not appropriate, I will remove the post.

I used to trade Euro/USD previous years, then I move to Gold, as there is more liquidity.

Thanks again.
 
 
  • Post #195
  • Quote
  • Oct 24, 2021 10:34am Oct 24, 2021 10:34am
  •  skipper13
  • | Joined Feb 2016 | Status: Member | 438 Posts
Hallo Michael, ist dies Ausführung besser?

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  • Post #196
  • Quote
  • Oct 24, 2021 11:27am Oct 24, 2021 11:27am
  •  Bionics
  • Joined Dec 2017 | Status: //houston &#477;&#653; have a probl | 2,146 Posts
Quoting sleewc
Disliked
{quote} I understood that you using it for trading Euro/USD, that's just my personal exploring. if you think is not appropriate, I will remove the post. I used to trade Euro/USD previous years, then I move to Gold, as there is more liquidity. Thanks again.
Ignored
Hello sleewc, no, you don't need to delete the post, but we only want to work with the Bionic candle in EURUSD for the time being, as this will enable us to reach our goal more quickly to find out more about the advantages. Tomorrow morning I'll publish a detailed article about volatility, liquidity and volume, as misunderstandings keep coming up here. I wish you a nice weekend. Greetings Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #197
  • Quote
  • Oct 24, 2021 11:29am Oct 24, 2021 11:29am
  •  Bionics
  • Joined Dec 2017 | Status: //houston &#477;&#653; have a probl | 2,146 Posts
Quoting skipper13
Disliked
Hallo Michael, ist dies Ausführung besser? {image}
Ignored
Hello Skipper, unfortunately the zones are not yet correct, but that is not dramatic as we have only just started. My tip, start with the past and see why there was a change in movement and which key candle was responsible for it. I'll take a closer look at this tomorrow. Greetings Michael
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #198
  • Quote
  • Edited 2:38pm Oct 24, 2021 2:22pm | Edited 2:38pm
  •  Tradelive
  • | Joined Sep 2021 | Status: Member | 13 Posts
Hi micheal, a few quick questions

As we are looking to trade EURUSD and use bionic candle to find where big players are in the market, i assume times of day are very important for entries?

And it seems you work down from higher timeframe to a 1 minute chart for entries and close trades within 2 to 3 candles, which timeframe do you start with?

I have more questions but the above are only relevent to whats been posted at the moment so i will leave it here atm as im sure most will be answered without asking

Thanks TL
 
 
  • Post #199
  • Quote
  • Oct 24, 2021 3:33pm Oct 24, 2021 3:33pm
  •  ingo3344
  • | Joined Jan 2020 | Status: Member | 391 Posts
I am happy to continue learning and to find the especially the entry

Thanks for the great executions
 
 
  • Post #200
  • Quote
  • Oct 24, 2021 5:28pm Oct 24, 2021 5:28pm
  •  Isabella_D
  • Joined Jan 2012 | Status: Member | 962 Posts
Quoting Tradelive
Disliked
Hi micheal, a few quick questions As we are looking to trade EURUSD and use bionic candle to find where big players are in the market, i assume times of day are very important for entries? And it seems you work down from higher timeframe to a 1 minute chart for entries and close trades within 2 to 3 candles, which timeframe do you start with? I have more questions but the above are only relevent to whats been posted at the moment so i will leave it here atm as im sure most will be answered without asking Thanks TL
Ignored
The answer my friend is blowing in the ... youtubechanel of Michael .
When you take part in a forum, it is hard for the moderator (producer) to inspire, to convey knowledge, to keep the crowd together.
It is hard for consumers to read post no. 1 .... x , to question and accept the knowledge of the producer and to take advantage of the group.
Second try Start230331_FTMO I Return Today: 0.2%
 
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