Bionic Chart - The easiest forex navigation

Bionic Chart - The easiest forex navigation

Hi Michael,

First of all, welcome to our blog and thank you for the great compliment, which I would also like to pass on to all subscribers who support this blog with their great ideas and contributions. I am very happy if this information helps you, this blog was created precisely for this exchange. With the Bionic candle you get an instrument that gives you a lot of information in trading without overloading your chart. According to the statements of many traders who have reached me privately, the Bionic candle could one day become a serious competitor to the previously known candles. What is much more important, however, is that retailers are given the opportunity to defend themselves against the sometimes unfair actions of the big players and at the same time increase their chances of winning. If that should happen one day, I can be more than satisfied.

I wish you every success here and keep my fingers crossed for you.

Greetings Michael

Maximum loss of € 160 as a scalper


Hello dear algorithm traders,


Today's video is about the most important topic: your breakeven point, which 90% of all traders have not yet reached. I will show you exactly which points you have to pay attention to in order to reach this breakeven point as efficiently and quickly as possible. I will also present you with practice results from a trading beginner who only started trading as a part-time scalper a few weeks ago. Very interesting insights come to light that will certainly save you a lot of money in the future.






I wish you a great week and continued success in trading

Best regards Michael

Important message to everyone who is visiting our thread for the first time.



The bionic candle is a new type of candle display, with which one can identify most reversal points beforehand.

You can find all the information, indicators and videos here:

The secret of the bionic candle

Thank you and we look forward to a constructive exchange with you. Greetings Michael

Margin Call


Hello dear algorithm traders,

Today's post is about leverage and margin and what exactly you need to do to avoid a future margin call. We deal with the question to what extent high leverage is dangerous and what advantages and disadvantages result from margin trading. Is a lever a loan and why can you achieve such a supposedly high return with it? Overall, we will come to some results that many of you would not have expected.



I wish you a great week and continued success in trading

Best regards Michael

Trading with debt capital, demo or real money

Hello dear algorithm traders,

Today we're making a big movie, because we will compare the differences between debt capital, demo and real money trading. We look at the extent to which demo trading is helpful and also talk about the different emotions that we encounter every day in trading. We will also look at how we can optimally train these emotions in the future. In the overall result, you will at the end see a clear procedure with which you will have your emotions under control in the future. The choice is yours, you can choose to trade, where your chances of success are around 10%. Or you opt for self-employment where the chances of success are 5 times higher, at around 50%. Are you aware of these probabilities and still want to decide to trade?



I wish you a great week and continued success in trading

Best regards Michael

Future versus Forex

Hello dear algorithm traders,


now that futures have also slipped into BaFin's focus, we will have to reckon with significant regulations in this area in the coming months. Of course, there are already various future brokers who, together with their trading coaches, want to calm the heated spirits and promise you a future solution. Don't worry you will be able to continue trading futures with us in the future. The question is always at what price? For this reason, today we will compare the already regulated forex market with the future regulated futures market.

Inserted Video

I wish you a great week and continued success in trading

Best regards Michael

How to save a lot of money in the future


Hello dear bionic traders,

Many of you already know my Bionic Candle, which I developed years ago and which has already been downloaded more than 17,000 times from my blog. Since the question of which currency pairs the Bionic candle works well in keeps coming up, I would like to provide you with two tools today that you can use to calculate the efficiency of your currency pair yourself. The senseless war in Ukraine has made many markets more volatile, even affecting the EURUSD, causing spreads to widen, making profitable trading difficult. With the tools I provide, you can make your trading more efficient.


First you will receive an Excel tool from me, as well as two additional indicators that you can download at the end of the article. You need these tools to be able to calculate your optimal currency pair.


On the left side you can see the most important currency pairs, of course you can also enter indices or commodities there.

Point A

Now it's about finding out what the average spread of your ASSETS is. First of all, there is a target spread that your broker would like to achieve. However, the markets are volatile, so the spread is constantly changing. In the field you should enter the average spread of your broker. Although some brokers offer a favorable spread of 0.1 or 0.2, the commission must also be added to this. If you don't have an average spread, take the cheapest spread and add 50%.

Point B

Now it's a matter of calculating the average ATR in the M1. I have deposited an indicator (Avarage Candle) for you.


At Point A you simply enter the value 1 for the 1 minute ATR.

At Point B you simply enter the number of candles to be calculated. But please note: if you enter 10,000 candles, for example, make sure that 10,000 candles are also available in the M1, otherwise you will get an incorrect value. Once you have installed the indicator, you can simply change the currency pair in MT4 and then you will get the corresponding ATR.


When you have entered all the numbers, it's time to calculate.
The value: loss and win in minutes should always be the same. Here it is calculated how much is won or lost in a certain time. Under Trades simply enter the number of trades to be calculated and under WIN how many of those trades win. And that's it.


Now you see the result. At the beginning the currency pair, the spread and the ATR are listed again.

Point A
Here, the average ATR is used to calculate how many seconds a trade needs to make a profit.

Point B
Here it is calculated how high the loss is within 3 minutes.

Point C
Here it is calculated how high the profit is in 3 minutes.

Point D
The probability of loss refers to a loss and a win.

Point E
In this example, five wins are calculated over 3 minutes each, you can of course change the setting.

Point F
In this example, five losers are calculated over 3 minutes each, you can of course change the setting.

Point G
Here you can see the total result from point E and F, which is displayed in pip.



Here I have now compared the most efficient and the worst currency pair. 20 trades of 3 minutes are taken with a 50% chance of winning. EURUSD makes a loss of -10 pips while AUDNZD makes a loss of -60 pips. That's a difference of -50 pips and six times the loss. So we see how important it is to find the right currency pair. The numbers and rankings will of course change based on volatility and spread. Therefore, I recommend each trader to carry out an individual calculation.

Compared to many currency pairs, the EURUSD is a rather slower fellow, but for me it has the highest probability of making the most efficient profits. Of course, sometimes one wishes for more movement in EURUSD, which is why I prefer the downmoves as they are 30-40% faster than the upmoves. Overall, I have found my ideal currency pair with the EURUSD and can set up my five screens exclusively for this currency pair. This means I have all the important information at a glance without having to switch between pages, which is time-consuming, and I can concentrate solely on the market and my trading. With the help of these tools, you may be able to trade and make money much more efficiently in the future.

I hope this helps you and I look forward to continuing our great collaboration on this blog.

Greetings Michael

Very interesting thread, thank you very much for sharing!

Hello butcher,

Welcome to our blog and thank you for your kind words. Since we never know where a price will go in the future, we traders always have to work with probabilities. My last post can help optimize these probabilities. I am happy if this information helps you.

I keep my fingers crossed for you and look forward to hearing from you.

Greetings Michael

Attachment g

Hello Krakoff, basically this was a good trading idea, however the yellow candle was not the key candle.


I've marked the key candle with the blue arrow and outlined the zone in yellow. However, the yellow candle was a confirmation within the key candle. Greetings Michael

Sensation in the forex market

Hello dear bionic traders,

Since 1984, the World Cup Trading Championships (WCTC) has held a World Trader Championship every year. There are different categories and I only compared 3 categories stocks, forex and future. Only real money is traded over a period of one year. The returns are not representative of all traders, but provide a rough overview as all participants had the same conditions. The average return across all categories is 190% per year. It should be clear to everyone that such a return can only be achieved with an increased willingness to take risks in trading.


Stocks
In the area of equities, an average performance of 81% per year was achieved within 11 years

Forex
In the Forex sector, an average performance of 133% per year was achieved within 12 years

Futures
In the futures area, an average performance of 339% per year was achieved within 34 years

In my opinion, the stocks market is one of the most difficult markets to trade on the stock exchange, because a lot of background information is necessary for good performance. A return of over 81% is an absolute top performance in this market segment. Now let's compare the forex market to the futures market. Basically, it is noticeable that the yield in the futures market is 2.5 times as high as in the forex market. However, it must be noted that many beginners trade in the forex market, while the futures market is used almost exclusively by professionals and experienced traders. Many traders who started out in the forex market are now trading in the futures market. Based on the figures, it can be assumed that trading in the stock market is almost 4 times harder and in the forex market 2.5 times more difficult than in the futures market. This is fundamentally an important finding when trading in one of these markets.


Last year there was a small sensation in the field of the World Cup. It was the first time in the history of this world championship that a forex trader had more returns in one year than a futures trader. But this return was not an isolated case, because even in the following places 2-5, the forex traders were able to achieve significantly higher returns than their future colleagues. The average return for the top five places was 169.3% in the futures market, while the forex market returned 232.1%. That's a whopping 37% more returns. It was noticeable that the top five places in the forex market came from European countries. So far, the futures market has been able to clearly defend its supremacy, but that could possibly change in the future. And nobody should claim that the Forex market is only a market for beginners. Of course, one swallow doesn't make a summer, but I think many will now realize that the forex traders will be a force to be reckoned with in the future.

I wish you a successful trading week.

Best regards, Michael

Read charts correctly

Hello dear algorithm traders,

Many traders spend their lives searching for the holy grail. You dream of recognizing every turning point in advance as possible in order to earn a lot of money with it. In today's post we talk about how a trader is able to read the charts correctly over the long term. An important topic here are the price gaps that we encounter again and again in the chart. With the stock market wisdom that 90% of all price gaps are closed again, traders often get involved in daring trade executions. In today's post we look at the largest gap in EURUSD that has emerged in the last ten years and how traders have reacted to it. At the end we look at an outbreak and how you can clearly identify it beforehand.



I wish you a great week and continued success in trading

Best regards Michael

Oh what a good help, thanks, I'm learning this wonderful system

Thank you Bionic for your appreciation

Big Player Ping Pong Strategy


Hello dear algorithm traders,


In today's video, we're going to look at a new strategy used by the big players that has been tested over and over for the past few months. In this way, the big players increase their efficiency in trading on the one hand and reduce their risk at the same time. In one of my last videos: "How do big players achieve returns" and "extreme currency exchange", we have already dealt with different strategies of the big players, which are increasingly violating the requirements of the stock exchange supervisory authorities. The supervisory authorities have no chance of identifying these violations, because how do they intend to check container loads full of paper with the orders submitted in the foreseeable future? In addition, it is very difficult to review the algorithms in place at this point in time to understand their impact on each order execution.




I wish you a lot of fun and good luck in trading

Best regards Michael

The SWOT analysis


Hello dear algorithms traders,


In today's post, we're starting a new series of interesting information that so far many traders have neglected. The background: We traders often focus on systems, setups, algorithms or strategies without thinking about ourselves first. Success is often so close to us, but we don't see the forest for the trees. That is why we doggedly concentrate on things that actually do not get us any further. Not the volume or a new indicator ensure our breakthrough, but only the knowledge about ourselves. So we are daily in search of the holy grail, without knowing that it is right in front of our noses. In the frenzy of defeating the market, we forget the crucial point, who we are ourselves.




I wish you a lot of fun and good luck in trading

Best regards Michael