Bionic Forex Algorithms

Which party or coalition represents the best chance of building Germany back to what it once was? This won't happen by continuing to support the US or the war in Ukraine which simply suck resources out of the system and encourage business to leave Germany for the US!

for what it's worth.....

Trading against algorithms

Hello dear traders,

in my penultimate video we talked about how the algorithms of the big players can help us. Last week I posted my main trading chart, where you can look into the future for a few seconds using sounds and liquidity. Today's video will explain why trading against algorithms the future will be. You will learn very interesting things today that can help you in the future. As soon as the first algo tests have been successfully completed, I will also post a video in live trading, I hope that we can still do that this year.



I hope you have fun with it

Best wishes, Michael

Trading against algorithms
(translated into English)

Hello dear traders,

in my penultimate video we talked about how the algorithms of the big players can help us. Last week I posted my main trading chart, where you can look into the future for a few seconds using sounds and liquidity. Today's video will explain why trading against algorithms the future will be. You will learn very interesting things today that can help you in the future. As soon as the first algo tests have been successfully completed, I will also post a video in live trading, I hope that we can still do that this year.



I hope you have fun with it

Best wishes, Michael

Call to all members of Forex Factory,

in recent years, pirates and fraudsters have become more and more brazen. They don't make any money from their trading and steal indicators to modify them, sell them or gain fame with them. I already published a post about this on June 4th, 2022 in the thread: "Hall of Shame".

https://www.forexfactory.com/thread/...1#post14021391

At fxeachraked, you could find indicators from Swingman, Cja, Sangmane, FX Sniper and me, among others. The site is now no longer accessible. That's exactly the problem, the fraudsters are always on the run because they can be caught at any time.

Forex Factory is the largest platform for innovating new indicators, there are many creative developers there who create their own indicators and make them available to all traders free of charge. However, they are not prepared to publish this indicator on TradingView because they would have to provide the source code there.
Then there are people like CogAlpha, who look for good ideas on Forex Factory, reprogram these indicators and publish them on TradingView. This gives them a certain level of fame without them having to be creative themselves. They want to use this level of fame to eventually earn a lot of money with contract programming work. What they fail to take into account is that this is a criminal offense according to Section 106 of the German Civil Code.

When is it a copyright infringement?
Any use of copyrighted works on the Internet without the consent of the author or rights holder is a copyright infringement.

How high is the penalty for copyright infringement?
Anyone who reproduces, distributes or publicly reproduces a work or an adaptation or modification of a work without the consent of the right holder in cases other than those permitted by law will be punished with imprisonment of up to three years or a fine. Trying to do so is a criminal offense. In the US and Canada, the penalties are much higher.

Another point that is not taken into account, TradingView also has clear rules.

TradingView House Rules
No plagiarism. You must obtain permission from the original author. Please only create and share content that is yours alone. Do not copy or use other people's content without permission or citing its authors. Make sure you respect the legal rights for reusing content. Just like in school, copying only leads to detention, suspensions and eventually expulsion.

Serious violations TradingView
Some violations are more serious than others and can lead to an immediate permanent ban. These include plagiarism, spamming in the public library, misleading users and advertising outside of the signature field of a premium account.

Let's take a look at how CogAlpha does it:

On 02.03.25 CogAlpha wrote in my blog:
Playing around with Bionic Candles on TradingView.. Fun..

He posted this image

Note: This means he already admits that he uses my Bionic Candle as the basis for his programming, a clear violation of copyright.

I asked him kindly: Hi CogAlpha, where can we find the Bionic Candle on TradingView? Best regards Michael

He replied:Not yet available as there are a few things I need to fix... I also wonder if you are fine with it? To be fair, I am also not sure if its exactly the same, as I dont have the actual code. But the fundamental logic should be similar, based on your explanations given.

Note: We can already see here that he has no idea what benefit the Bionic Candle brings to the individual trader.

I then wrote him the following reply: Hello CogAlpha, first of all, I think it's good that you are so honest. As described in many of my videos, the Bionic Candle is protected and a copy would constitute a copyright infringement. Since I am the developer of the Bionic Candle, I do not allow a copy for Tradingview, as the Bionic Candle should continue to be protected. If the developers of Tradingviev approach me, I will be happy to talk to them about a protected implementation of the Bionic Candle for Tradingview. The version you have developed is unfortunately not complete and will therefore not work correctly. I have no problem if you build any indicator and use it exclusively for private purposes. We both have a problem if you copy my development to use it in Tradingview or to pass it on, possibly sell it or enrich yourself financially in some way. The Bionic Candle has been protected to ensure that every trader can use it free of charge. If the Bionic Candle really helps you, you can currently only use it in MT4, MT5, ATAS and Quantower. Both ATAS and Quantower have implemented the Bionic Candle in their respective systems, and this would also apply to Tradingview. Nothing has happened yet and you have not committed any copyright infringement. Therefore, in your own interest, I ask you not to publish or share your programming. Thank you very much and continued success in trading. Best wishes, Michael

Note: I believe it has become clear that as a developer, I do not give consent for my Bionic Candle to be copied.

Reply from CogAlpha: Thank you for your message and for sharing your concerns about the Bionic Candle indicator. I appreciate your position as the original developer and your desire to protect your work.

Note: He has confirmed that he understands that I do not give consent for my Bionic Candle to be copied.

I'd like to clarify that what I've created is my own implementation based on publicly available information and explanations you've shared in your videos/Thread. Copyright law generally protects the specific expression (the actual code) rather than the underlying concepts, mathematical formulas, or trading logic that the indicator represents. While I understand your request, it's important to note that independently implementing trading logic based on publicly explained concepts is typically considered legitimate reverse engineering. The indicator I've developed for TradingView: Uses my own original code, was built based on public information, functions differently in several respects from your MT4 version.That said, I respect your work and understand your concerns about potential distribution. Thank you very much and continued success in trading. Best wishes, Chris

Note: This is cheeky and brazen, but from a legal point of view it is a mistake. In his first post with a picture, he refers to my Bionic Candle. This means that he admits that the Bionic Candle is the basis for his copyright infringement. In addition, he has already created this copyright infringement on TradingView. According to him, you could buy a Mercedes, take it apart, rebuild it with a few modifications and then sell it as your own creation. Fortunately, this is protected by copyright.


What he doesn't realize is that in addition to my Bionic candle, he also copied an indicator from cja. (https://www.forexfactory.com/cja) It looks like other members of FF are affected. He has also already clashed with two other High Impact members, emmanuel7788 and Erebus.

Here is his account at TradingView, check for yourself whether he copied an indicator from you or someone you know.

https://www.tradingview.com/u/Cognit...lished-scripts

If that is the case, inform the operators of Forex Factory and the operators of TradingView immediately. This should make his membership with FF or TradingView a thing of the past.

If a person is not creative and steals ideas in order to enrich themselves directly or indirectly, then this is often not an isolated case. He will do it again and again and at some point the law will strike with full force. Especially since CogAlpha comes from Germany and they catch such people quicker there than in other countries. Our judiciary uses his email or IP number to find his home address and this data is stored in Germany for at least 10 weeks.

If you notice anything or have further information that convicts CogAlpha of a crime, please write to me and I will show my gratitude. If several people are affected, we can also launch a class action lawsuit, which will make it a little more expensive for him.

Maybe he will learn from his mistakes and retreat, if not the law will do it. Learning through insight requires cognitive abilities (perception, imagination) of the individual. People learn through insight or pain, but when both come together it is often most effective.

The problem is this: If any idiot here on FF can steal indicators and sell them as their own creations, the really creative traders will no longer post ideas. And that's exactly what makes FF so special: the majority of traders benefit from these ideas. But to do that, we have to work together to make sure that the scammers disappear.

I'm keeping my fingers crossed for you all
Best wishes, Michael

It's fascinating to hear about your unique approach to trading, especially the integration of stock market data and high-frequency trading algorithms in the forex market. Your focus on understanding the big players’ behavior and how you leverage stock market data to gain an edge is insightful. It's clear you've invested a tremendous amount of time and effort in refining your strategy, and the community benefits greatly from your willingness to share your knowledge through both your YouTube videos and the Forex Factory threads. I look forward to exploring your content further and learning more about your method.