Bionic Chart - The easiest forex navigation

Hello tadeuonbrand, I am happy that the Bionic candle can contribute to your success. The videos produced on YouTube are very diverse and often contain complex calculations to support my assumptions and present them more easily. I also translate all German videos for my English friends at Forex Factory. The effort is enormous, but I like doing it because I too have received many ideas from Forex Factory in the past. As we all know, one hand washes the other, so we can all move forward faster. Kind regards, Michael

Erfahrener Programmierer C#, C++, für gemeinsame Projektarbeit gesucht


Hallo liebe Trader,

ich bin seit 13 Jahren Trader und habe im Jahr 2018 bei Oracle zunächst den Certified Associate, dann den Certified Professional und schließlich den Certified Master in Java absolviert, um die Grundlagen von Indikatoren zu verstehen. In den letzten Jahren habe ich einige Indikatoren programmiert, die meine Arbeit als Trader unterstützen. Allerdings wurde mir schnell klar, dass ich meine Kreativität im Trading, leider nicht in effizienten Code umsetzen kann, da mir dafür die notwendige Erfahrung fehlt. Trader sowie Programmierer sind Künstler: nicht nur im Sinne von Können, sondern auch unter ästhetischen Gesichtspunkten. Obwohl ich für Java über 12.000 € und mehr als 4.000 Stunden aufgewendet habe, werde ich nie die Erfahrung erreichen, wie im Algorithmen Trading.

Vielleicht gibt es irgendwo da draußen einen Programmierer, bei dem es gerade umgekehrt ist. Er würde gerne im Trading weiterkommen, weiß aber nicht wie. Die Lösung liegt in einer gemeinsamen Projektarbeit, indem man die jeweiligen Stärken und Fähigkeiten miteinander verknüpft, um damit die Ziele schneller zu erreichen. Quit pro Quo, eine Hand wäscht die andere.

Allerdings wird das ausschließlich eine Projektarbeit mit maximal 2 Personen, alles andere ist für mich ineffizient.

Voraussetzungen:

Mindestalter 30 Jahre
Mindestens 10 Jahre Erfahrung in der Programmierung
Kommunikation in Deutsch
Grundlagen im Future Markt / Trading vorhanden

Wenn dir die weiterführenden Konzepte wie Generics, Interfaces, Exception-Handling, Delegat-Typen, Lambda-Expressions, LINQ, Laufzeit-Typinformationen und Reflektion, Vor- und selbstdefinierte Attribute, Multithreading, Task Parallel Library, Interoperabilität mit Fremdkomponenten und Memory-Management nicht unbekannt sind, ist das bereits eine gute Grundlage.

Optimal wäre es, wenn du aus Bayern oder Sachsen kommst.

Beachte bitte, dass eine gemeinsame Projektarbeit ausschließlich auf Vertrauen aufbaut, und das braucht seine Zeit. Du kannst mich gerne unter bionics bei GMX in Deutschland anschreiben. Dann können wir gerne miteinander kommunizieren.

Man braucht zwei Feuersteine, um ein Feuer zu entfachen.

Liebe Grüße Michael

The big lie in the DoM


Hello dear traders,

In today's article we look at the origin of all price movements, the spark plug that makes the engine run, so to speak. In the DoM there are up to 8 different market participants who represent different interests. Today we will discuss why the DoM sends us false information and why you lose more as a result. The video reveals some things you haven't seen before. Of course, we check somee solutions to reduce these losses. For this, we look at some examples.



I wish you much success, in stores next week.

Kind regards, Michael

What really moves the market?




Hello dear traders,

traders repeatedly ask themselves what exactly moves the market. Is it the technical analysis, the fundamental analysis, the price, the DoM, the big players or ultimately even the retailers? First of all, the price in the DoM is created by the market sell order on the bid side running into the limit buy order or the market buy order on the ask side running into the limit sell order. But there must be reasons why a market or limit order is placed in the market. Fundamental analysis is a complex and time-consuming process in stocks. Investors who want to learn fundamental analysis must become familiar with various methods and metrics and be able to read balance sheets and annual reports. In principle, however, the following also applies to fundamental analysis: the future is traded on the stock market - and it cannot be reliably predicted on the basis of past data.

But what about currency pairs? Of course, the EURUSD also reacts to fundamental data such as key economic factors, interest rates, employment data, GDP, industrial and retail, CPI, credit, prices, monetary and political influences and commodity prices, but this is often not the case. Let's look at a few examples: The impact of monetary policy on interest rates is an important element in evaluating a currency. Tighter monetary policy is likely to imply higher interest rates, while loose monetary policy indicates lower interest rates. Higher interest rates offer investors an incentive to invest; money is invested where more interest rates are attractive. Of course, this also depends on the security of the respective country. Since the dollar and the euro are the two largest currencies represented on the stock exchange worldwide, we do not need to think about the security required of investors. Both the Euroland, which is supported by the USA within NATO, and the USA itself are safe countries for investments.

At the end of September 2022, interest rates in the dollar were significantly higher than the euro, which would normally have indicated that the dollar would continue to be strong, driving the price of EURUSD further downwards. Instead, parity was abandoned and the euro became stronger. Of course, there are always several economic factors to consider, but what is much more important is how investors react to them. When Apple published its best quarterly report many years ago, the price of the stock unexpectedly fell. Perhaps many investors believed that Apple would not achieve such performance in the next quarter.

No matter what clues the fundamentals give us, in the end it is always the investors who decide where the price goes. Additionally, we know that only the biggest big players influence the price in EURUSD. Unfortunately, however, they use the retailers' stops to get to their destination more cheaply. We talked about this in my last video, which will appear here in English next week. For example, if Deutsche Bank has collected 300,000 lots in EURUSD via limit buy orders, the fundamentals can point to a strong dollar 1,000 times, the price will go up because Deutsche Bank is an entrepreneur and has enough money to invest in the euro to bring profit. Of course, these big players usually know in advance how the fundamental data is developing and take this into account before the collection campaign. But there are also situations that cannot be predicted, such as September 11th. This means that no matter what the fundamentals predict, supply and demand will ultimately determine the price. Significant capital flows into and out of one currency, perhaps as a result of large transactions by major big players or managed portfolio shifts, can shift the exchange rate for the currency pair in favor of the currency with higher demand.

For this reason, for me, the biggest big players are ultimately the decisive price drivers. First, they know more than all of us put together, and second, they don't carelessly risk money that isn't even theirs. It's easier for me to follow a major big player than to evaluate all the fundamentals while predicting how investors will react. But that's just my personal opinion, which is, as always, fallible.

In order to make a correct forecast in EURUSD, you have to analyze exactly what the big players are currently collecting. To do this, they need retailers who take an opposite market position. If the retailers don't react the way the big players would like, they have to resort to their bag of tricks and manipulate the market with stophunting, fake breakouts or even take a small detour. Creating a price forecast for the next few weeks is like looking into the crystal ball, as you never know how 1 million retailers will react in the next few weeks. Therefore, it is actually impossible to make a 100% correct forecast. If you were to make a prediction, the probability would be 50%. And this has nothing to do with knowledge and everything to do with luck.

Currency strength is a very interesting tool for us retailers in Forex that does not exist in the futures market. It helps us to assess the different strengths of a currency in order to often make reliable trading decisions.

I'll continue to keep my fingers crossed for you in retail.

Kind regards, Michael

Hi Michael,

Do you have more information on the mechanics of sound analysis?

Best Regards

Hello cefe, on my main page from FF you will find an empty field under the Posts section. If you enter the term “sound” there, you will get a lot of information on the topic that I have published in my threads. Kind regards, Michael

Hi Michael,

Thank you. Best Regards

Hi Michael,

Does sound analysis in the futures market provides more information and is more effective than sound analysis on MT4 in forex market?

Best Regards

The big lie in the DoM

Hello dear traders,

in today's article we look at the origin of all price movements, the spark plug that makes the engine run, so to speak. In the DoM there are up to 8 different market participants who represent different interests. Today we will discuss why the DoM sends us false information and why you lose more as a result. The video reveals some things you haven't seen before. Of course, we check somee solutions to reduce these losses. For this, we look at some examples.



I wish you much success, in stores next week.

Kind regards, Michael

The fairy tale in the future market

Attached Image (click to enlarge)

Hello dear traders,

As we know, there is significantly less information in the Forex market than in the futures or stocks markets. In addition to the well-known footprint charts, there is volume information, iceberg tracker, pulling and stacking as well as the DOM and the time and sales list. According to the trading coaches, this is unbeatable information that allows you to see exactly where the big players are, bringing incredible returns to every retailer. Provided that you book an inexpensive trading seminar worth €10,000.

Around 1 million traders worldwide trade in the futures and stock markets and 5 million in the foreign exchange market. This means 15% trade on the stock market and 85% trade in the foreign exchange market. Statements like the futures market is the largest market in the world, only professionals trade in the futures market or on the stock exchange it is fairer are statements that are aimed solely at badmouthing the Forex market. Let's take a quick look behind the scenes and see to what extent this future data is actually helpful.

In volume trading we can look at vertical or horizontal trading volume. Both representations are calculated by adding market sell and market buy orders. But interestingly, the market sell order has nothing to do with a market buy order because they never meet in the market. The trading coaches then like to say that this high volume shows that a battle has taken place between large market participants. This is also complete nonsense, as the big players rarely fight with each other.

First of all, the big players collect the contracts they need with limit orders and use the retailers' stops. A high volume indicates a possible collection campaign, but the crucial question is: What was collected in this sideways phase and very few coaches have an answer to that. According to the law of causality, volume is just another type of pattern that also only arises by chance. By the way, it might be interesting that the big players are not interested in the volume because they produce it themselves.

For a retail trader who has previously traded in the foreign exchange market, the many flashing lights and numbers within a footprintchart are of course a small sensation. The trading coach now says that you can use these numbers to see exactly what these big players are up to. And if you know what someone else is planning, you can of course position yourself accordingly. But these are also just random assumptions, since as we already know, a market sell order has nothing to do with a market buy order and they never meet in the market.

Imbalance is also a very popular topic. If there is a strong deviation in the orders between best ask and best bid, this imbalance can be made visible in the market. This imbalance should act like a strong resistance zone. Unfortunately, these zones only work 30% of the time. In addition, the spread is often more than one tick large, which means that the assignment of best ask and best bid is no longer correct.

Dom Trading is also said to be true miracles. Ultimately, limit orders are a glimpse into the future, as this is where market participants show their willingness to enter into a trade. But is that really true? Unfortunately not, because by pulling or stacking a market participant is able to delete this limit order or add more at any time.

In the Time and Sales list you can see exactly which market orders are coming in. These orders are true, but it is not possible to see with what intention this market order was placed. A market buy order can mean an entry into the euro or an exit from the dollar. Likewise, a market sell order can show an entry into the dollar or an exit from the euro. Furthermore, these market orders come randomly and unexpectedly just like pulling or stacking.

The so-called iceberg trackers are particularly popular, with which you can see exactly where and when a large market participant absorbs. The fact is that native iceberg orders can be clearly identified, but synthetic iceberg orders cannot. And the largest proportion of iceberg orders are in the synthetic area. Even if you could predict absorption 100% correctly, you still don't know where the price will go after that.

The causality principle describes that the cause of the market movement depends exclusively on the market orders that flow into the limit orders. The result in the end is the price as well as the candle, which only ever arises randomly. This means that the volume of the footprint charts and the imbalance always only arise by chance. The same applies to the T&S list and the DoM.

The decisive movements that influence the market are the stops of the retailers and the orders that mainly slow down the market are the synthetic iceberg orders. And it is precisely these two types of orders that cannot be identified because we cannot see them. Of course, a future trader has more information than a Forex trader, but he can do just as much with it as a Forex trader can do with a candle.

And it is precisely for this reason that the world champions in Forex have beaten the world champions in futures 3 times in the last 5 years. So don't be fooled and continue trading in the Forex market, because due to many events, beginners in particular can lose up to 50 times less money than in the futures market. As a trader you always have to ask yourself the following question. Where can I achieve the most return with the least risk and also have a high probability of keeping it? And the answer is: definitely in the Forex market.

If you're smart, you can of course get the stock market data from the futures market to get additional information. However, I would generally only trade in the Forex market. You can find further information about this in my numerous videos.

I keep my fingers crossed for you and look forward to seeing you here again soon.

Kind regards, Michael

Think about it carefully

Hello dear traders,

in today's article we want to look at the dark side of trading and take a very realistic look at the probability of success. To do this we need a bit of mathematics and an alert mind. Of course, it is possible to become successful in trading, but you have to meet some requirements, which we will talk about today. For most traders, their dreams have not come true because they were built on false expectations or promises.



I wish you a great weekend

Kind regards, Michael

A perfect heart for Christmas!



One day a young man stood in the middle of the city and declared that he had the most beautiful heart in the entire valley. A large crowd gathered and they all admired his heart because it was perfect. There was not a spot or flaw in him. Yes, they all agreed with him, it really was the most beautiful heart they had ever seen. The young man was very proud and boasted even louder about his beautiful heart. Suddenly an old man appeared in front of the crowd and said, “Well, your heart isn’t nearly as beautiful as mine.” The crowd and the young man looked at the old man's heart. It hit hard, but it was full of scars, it had places where pieces had been removed and replaced with others. But they didn't fit properly, and there were some frayed corners, and in some places there were even deep gouges where whole parts were missing.

People stared at him. How can he say his heart is more beautiful, they thought? The young man looked at the old man's heart, saw its condition and laughed: “You must be joking,” he said, “comparing your heart with mine. Mine is perfect and yours is a mess of scars and tears.” “Yes,” said the old man, “Yours looks perfect, but I would never trade places with you. Each scar represents a person to whom I have given my love. I tear out a piece of my heart and hand it to them, and often they give me a piece of their heart that fits into the empty space in my heart. But because the pieces are not precise, I have some rough edges that I treasure because they remind me of the love we shared. Sometimes I have given a piece of my heart without the other person giving me a piece of his heart in return. These are the empty furrows. Giving love sometimes means taking risks. Even though these grooves are painful, they remain open, and they too remind me of the love I feel for these people. I hope one day they will return and fill the space. Do you now realize what true beauty is?”

The true beauty and value of a heart is determined not by external perfection, but by the traces of love, compassion and selfless deeds that it collects over the course of a lifetime.

I wish you a wonderful Christmas from the bottom of my heart and may all your wishes come true.

Kind regards, Michael

History of candles
New Year's Eve 2023/2024

Hello dear traders,

Today we are climbing into a time machine that will catapult us to the year 1700, because this is exactly where the fascinating story about the creation of candles begins. You will learn things that are not only exciting but also extremely inspiring. Even though we go back 300 years, we find a man who was way ahead of his time. With the help of his creativity, he achieved goals that seem unthinkable today and, in today's terms, earned over $12 billion on the stock market. Of course, we will talk about how a candle is created and what the whole thing has to do with cause and effect. The story of the candles is intended to be a special gift at the end of the year. Maybe this video will motivate you to take creative approaches to trading in the future.



I wish you a happy new year 2024 with lots of health, love and the creativity necessary to achieve your goals even faster.

Kind regards, Michael

Hello Michael,

I've worked a lot on trading on this end of year an developped my spoofing indicator, it's really powerful and game changer but i still get a problem to filter bad trades.
I'm trying to use the market orders with smart tape, but i still don't get it.

For example, the 4/12/2023 we have this :


My goal is to avoid false signals during the 15 minutes after entering the bionic zone (and eventually enter at yellow if possible).
As you see at 16h29'36", market buy orders looked fine to me and spoofing too. higher indicator is "removal spoofing" and lower one is
"adding spoofing", we had 400 buy adding and almost 400 sell removal at same time, so it was a good signal for me.



But it miserably failed. I've a lot of trades like this, so i clearly lack yet a lot of comprehensions and informations.

Would you have some tips around this matter ? (market orders to spot entry, etc.)

For example i've seen your liquidity bar, is that an important addition to your trading ? How does it work ?
(of course if it's not important, or just a prototype, you can forget my question, you've understood my overall
question is not on this bar )


Thank you for your time and help,


and good 2024 year to all of you

The only constant is change
[quote=thomasz1;14706018][/quote

Hello Thomas,
]
first of all, I would like to commend you for starting to look at the market creatively. This is exactly the right way, because the stock market has existed for over 600 years and during this time billions of strategies and procedures have been tested, only a small part of which work sustainably. The strategies that are actually profitable are not passed on by the few traders. For this reason, you should give the information that has been published so far a wide berth in order to find your own path.

Let's take my self-developed Bionic candle as an example. I only owe the invention to the fact that I personally couldn't handle the candle chart. I needed a candle that could be identified more quickly and that would immediately show me the current market strength. It was only afterwards that I discovered that this candle was, among other things, able to make the invisible price zones of the big players visible. Of course, the Bionic candle is not a holy grail, but it shows market strength seven times more accurately than the candle chart developed in 1870. Your own development always has the advantage of transferring your personal trading strategies to today's market situation in order to give you a better market overview. And that's exactly why I recommend every trader to get creative.

A few comments about your spoofing indicator. In fact, when you first start working with a spoofing indicator, it seems like it's the holy grail. But unfortunately the error rate is very high there. This is because different big players engage in spoofing. This often results in unclear signals, some of which are very confusing. Spoofing, i.e. the subtraction or addition of limit orders on the ask or bid side, is not only initiated by iceberg orders from the big players, but also by the entry or exit of retailers. Therefore, I would not recommend basing trading decisions on this. You will find further information about this in my video Fairy Tale Future Data, which will be published on February 10, 2024.

If you follow my posts you will notice that my trading screens change regularly. Here is a workspace from 2020.



And here, my current workspace



As a seconds scalper, I try to look as deeply into the eye of the tornado as possible in order to make the quickest trading decisions. Once I have developed a new chart, it will be tested, possibly improved or replaced with a better chart. The best charts that influence my trading decisions stay on my main screen. You will find that the only constant is change. And that is completely clear, because the markets also change every day. The most important thing are the charts that give you the deepest market insight and actually help you make the right decision.

I wish you continued success.

Kind regards, Michael

Thanks for your fast answer as always, i'll wait eagerly this video to find some tips to interpret your ideas "at my sauce" as we say in french.

I'll focus a little bit less on spoofing the next weeks, since you consider it's not core to your strategy.

See you in february

Hello thomas, I just saw that the video: Fairy Tales Future Data will not be released until March 2nd, but the English version will be released a week later. I wish you a great weekend. Kind regards, Michael

Think about it carefully

Hello dear traders,

in today's article we want to look at the dark side of trading and take a realistic look at the probability of success. To do this we need a bit of mathematics and an alert mind. Of course, it is possible to become successful in trading, but you have to meet some requirements, which we will talk about today.



Continued success

Kind regards, Michael

Announcement of the next videos

Hello dear traders,

Last year 2023 I produced and published 30 videos. In total, there were more than 10 hours of content that was viewed over 30,000 times by my followers. I would like to thank you very much for that.

As most of you know, I work full-time as a trader, but I also spend a lot of time advancing my personal project: “Algorithm Trading”. In the first half of 2024, I will have further tasks, including moving into a second home in Bavaria, which also needs to be equipped with my sophisticated technology such as a workstation, fiber optics, workstation and screens. In the last few months I have made sensational discoveries and progress in algorithm trading, which now have to be completed in the form of programming.

Since my followers deserve quality, I will reduce the number of my videos by 1/3 in the first half of the year. This means that a new video appears every 3 weeks as usual.




Here you can see the next video topics with release dates. (The German videos appear 1 week earlier)

When the first half of 2024 is over, I will try to increase video production again with the appropriate quality. This year is a crucial year as the big players are testing new algorithms and approaches, which can already be felt in some markets. We get a little bit further every year, while the big players' lead narrows. I'm particularly pleased that more and more retailers are starting to get creative and analyze the markets according to the big players' approach. That's exactly the right way, because all the retailer strategies that are already known don't really work from a sustainability perspective. Let's always think about the high-frequency traders whose winning rate is 99.9%. The big players, who mostly act as day traders, achieve a profit rate of 90% and the institutional traders, who are often active in the medium to long-term investment area, only manage 60%. This shows that speed on the stock market is a good protection against the dominance of capital. If you are then able to read the algorithms of the big players, it is like winning a small lottery.

I wish you a very successful year 2024

Kind regards, Michael

The history of candles

Hello dear traders,

Today we are climbing into a time machine that will catapult us to the year 1700, because this is exactly where the fascinating story about the creation of candles begins. You will learn things that are not only exciting but also extremely inspiring. Even though we go back 300 years, we find a man who was way ahead of his time. With the help of his creativity, he achieved goals that seem unthinkable today and, in today's terms, earned over $12 billion on the stock market. Of course, we will talk about how a candle is created and what the whole thing has to do with cause and effect. The history of candles is a special gift and may motivate you to pursue creative ways in trading in the future.



I wish you continued success

Kind regards, Michael