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Bionic Chart - The easiest forex navigation

  • #1,061
  • Mar 29, 2025 2:23am Mar 29, 2025 2:23am
Quoting cuchuflito
{quote} Hi Bio, thanks for the careful answer. My concern was more based on the "Finanztransaktion Steuer". Tax on every transaction, as it used to be on the table years back, 0,2 or 0,02, to go in and again to go out.If on CFD forex, they use the leveraged amount for the tax, which knocks it down completely. (I trade 5 Tick charts, in and out in usually no longer than 10 minutes). And yes, leaving this beautiful country is always an option, but not for me. My old lady is 75, and we are going nowhere. We own a little sweet house. Life is still comfy...
Hello cuchuflito, I can absolutely understand that and if I were in your position, I would do the same. We also have our roots in Germany and until the Corona crisis, almost everything was still fine. What is going on politically at the moment is very damaging to our country. I always ask myself how the average earner can still manage financially. At some point they will have to take to the streets to fight back, like our farmers did back then. But I think the people of Germany are very patient because they still have it so good. For us Baby Boomers it is less dramatic, but I am very worried about our children and the next generation.
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,062
  • Mar 29, 2025 11:32am Mar 29, 2025 11:32am
Thank you for the very interesting videos, just going through them.

Vielen Dank !
  • #1,063
  • Mar 30, 2025 3:42am Mar 30, 2025 3:42am
Your Path to Becoming an Algorithmic Scalper

Hello dear traders,

In my last video, we talked about the clear advantages of being an algorithmic trader. There are many aspects you need to pay attention to in order to be successful in the long term. At first glance, things always seem very complicated, but the more I delve into them, the easier they become. We all know that the first step is often the hardest. And that's exactly why I want to show you today how you need to proceed in order to become an algorithmic scalper in the long term.

Inserted Video


PS: You can find my new indicator, Bionic Money Management V2.0, on my German blog.
https://www.forexfactory.com/thread/...6#post15197816

I hope you enjoy it.

Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,064
  • Mar 30, 2025 4:14am Mar 30, 2025 4:14am
Hallo Michael!

Ich bin sprachlos. Ich bin kürzlich auf Dich und Deine Videos gestossen. Es ist sagenhaft, was Du da entwickelt hast. Sehr gerne nehme ich Dein Angebot an und werde mit Deinem System arbeiten.
Gerade bin ich dabei den Metatrader herunter zu laden. Funktioniert die Bionic candle nur auf MT4 oder auch auf MT5?
Möglicherweise ist der MT5 die neuere und aktuellere Version?


LG aus Salzburg,
Christian
  • #1,065
  • Mar 30, 2025 10:09am Mar 30, 2025 10:09am
Quoting sailor48
Hallo Michael! Ich bin sprachlos. Ich bin kürzlich auf Dich und Deine Videos gestossen. Es ist sagenhaft, was Du da entwickelt hast. Sehr gerne nehme ich Dein Angebot an und werde mit Deinem System arbeiten. Gerade bin ich dabei den Metatrader herunter zu laden. Funktioniert die Bionic candle nur auf MT4 oder auch auf MT5? Möglicherweise ist der MT5 die neuere und aktuellere Version? LG aus Salzburg, Christian
Hallo Christian, vielen Dank für dein motivierendes Lob. Die Bionic Candle gibt es auch für den MT5, allerdings nur in zwei verschiedenen Farben, da ich kein professioneller MT5 Programmierer bin. Weltweit gibt es rund 5 Millionen Retail-Trader, und MT4 hat im Forex-CFD-Bereich immer noch einen Marktanteil von 80 %. Obwohl der neue MT5 bereits 2010 auf den Markt kam, liegt der Marktanteil gerade einmal bei 15%. Das bedeutet, dass meine für MT4 programmierte Bionic Candle prozentual gesehen die größte Gruppe an Tradern abdeckt. Natürlich ist der MT5 moderner und auch schneller, obwohl diese Aussage nicht auf mich zutrifft, da ich ihn getestet habe. Dies liegt möglicherweise an der hohen Leistung meiner Workstation und den Ping-Werten von 3–5ms, die meine 1-Gigabit-Glasfaserleitung erreichen kann. In den letzten 10 Jahren haben viele Trader spezielle Zusatzindikatoren im MT4 erstellt, die nicht einfach auf MT5 portiert werden können. Solange es dafür keine einfachen Lösungen gibt, wird sich die Marktposition von MT4 nicht wesentlich ändern. Ein weiterer Punkt ist ein virtueller Stop-Loss, mit dem ich grundsätzlich arbeite und der für den Broker nicht sichtbar ist. Neben der Währungsstärke, meinem Pip-pro-Minute-Indikator und unzähligen anderen Zusatzindikatoren wäre der Aufwand unverhältnismäßig hoch, diese komplett neu zu programmieren. Meine Plattform läuft sehr stabil und problemlos. „Never change a winning team“. Forex Factory hat die besten und professionellsten MT4-Programmierer der Welt, aber leider nur sehr wenige MT5-Programmierer. Nun kann jeder überlegen, ob er mit einer modernen MT5-Plattform arbeiten möchte, aber gleichzeitig bereit sein muss, auf seine wichtigen MT4-Indikatoren zu verzichten. Ich bleibe nach wie vor beim MT4, der größten Handelsplattform der Welt. Ich drücke dir alle Daumen, liebe Grüße Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,066
  • Apr 6, 2025 9:50am Apr 6, 2025 9:50am
Hallo Michael, ich hatte vor 3 Jahren Atas und was für ein Schrott nun bin ich bei NinjaTrader sehr zufrieden. Meine Frage ist, gibt es eine Möglichkeit das ich auch Bionic auf NinjaTrader bekomme? Ich habe es schon versucht aber ich bekomme von NinjaTrader die Nachricht "Alte Skrip" version.
Lg Petra.
  • #1,067
  • Apr 9, 2025 10:42am Apr 9, 2025 10:42am
Quoting Petra1954
Hallo Michael, ich hatte vor 3 Jahren Atas und was für ein Schrott nun bin ich bei NinjaTrader sehr zufrieden. Meine Frage ist, gibt es eine Möglichkeit das ich auch Bionic auf NinjaTrader bekomme? Ich habe es schon versucht aber ich bekomme von NinjaTrader die Nachricht "Alte Skrip" version. Lg Petra.
Hello Petra, unfortunately, the Bionic candle isn't available for Ninja Trader, but it's available for ATAS, Quantower, and MT4 or MT5. You can download the candle for MT4 for free on my blog at any time. I wish you continued success. Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,068
  • Apr 17, 2025 3:19am Apr 17, 2025 3:19am
Your Path to Becoming an Algorithmic Scalper

Hello dear traders,

In my last video, we talked about the clear advantages of being an algorithmic trader. There are many aspects you need to pay attention to in order to be successful in the long term. At first glance, things always seem very complicated, but the more I delve into them, the easier they become. We all know that the first step is often the hardest. And that's exactly why I want to show you today how you need to proceed in order to become an algorithmic scalper in the long term.

Inserted Video


I hope you enjoy it.
PS: You can find my new indicator, Bionic Money Management V2.0, on my German blog.

Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,069
  • Apr 26, 2025 3:02am Apr 26, 2025 3:02am
New FFTs: Are stocks dead?

Hello dear traders,

The newly elected government in Germany supports the financial transaction tax at the European level. We'll look at the individual markets: stocks, futures, and foreign exchange, and examine their forecasts. We'll also discuss how this tax will affect the future of the markets and whether scalping and day trading are still worthwhile in the long term.

Inserted Video


I hope you enjoy it.
Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,070
  • May 13, 2025 5:18am May 13, 2025 5:18am
Hello Michael. Huge thanks for your development. This is a really cool indicator that will help any trader looking to improve their trading strategies! I have a question regarding ATAS. Indicators for ATAS are added as .dll files, but in the archives available for download from you, all files are in .ex4 format for MetaTrader. Where can I find Bionic .dll files for ATAS?
  • #1,071
  • May 31, 2025 8:46am May 31, 2025 8:46am
These MT4 indicators are helpful

Hello dear traders,

In today's post, I'll introduce you to two creative indicators, which we'll also look at live to check their accuracy. These indicators can support you in your trading and provide guidance in the future.

Inserted Video


I hope you enjoy them.

PS: You can find the indicators for download on my German blog.
https://www.forexfactory.com/thread/...9#post15262709

Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,072
  • Jun 1, 2025 6:34am Jun 1, 2025 6:34am
Quoting Arche06
Hello Michael. Huge thanks for your development. This is a really cool indicator that will help any trader looking to improve their trading strategies! I have a question regarding ATAS. Indicators for ATAS are added as .dll files, but in the archives available for download from you, all files are in .ex4 format for MetaTrader. Where can I find Bionic .dll files for ATAS?
Hello Arche, the Bionic Candle is already integrated into the Alpha, Beta, and Latest versions of ATAS. When you open ATAS, a box appears with the heading: Authorization. At the bottom right, it says "latest" or "stable." Click on it and select "Alpha," "Beta," or "Latest." Confirm with "Yes," and the selected version will be loaded. You should then find the Bionic Candle among the indicators. I hope this information helps. Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,073
  • Jun 26, 2025 6:02am Jun 26, 2025 6:02am
These MT4 indicators are helpful
(translated into English)

Hello dear traders,

In today's post, I'll introduce you to two creative indicators, which we'll also look at live to check their accuracy. These indicators can support you in your trading and provide guidance in the future.

Inserted Video


I hope you enjoy them.

PS: You can find the indicators for download on my German blog.
https://www.forexfactory.com/thread/...9#post15262709

Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,074
  • Jun 28, 2025 6:38am Jun 28, 2025 6:38am
The Four Seasons on the Stock Market

Hello dear traders,

in today's video, we'll talk about a crucial point that, unfortunately, many traders fail to consider. This leads to massive losses, which means that the break-even point is reached much later. Those of you who take these factors into account will have significant trading advantages in the future.

Inserted Video


I hope you enjoy it.

Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,075
  • Jul 12, 2025 3:35pm Jul 12, 2025 3:35pm
Has anyone bothered to ask where he gets his order book data from?

Institutional traders pay 3-5k a month for this data and if he is using order book data that is made up mostly of retail trading data this is used by institutional traders to write algorithms that are associated with contrarian trading.

Range bar data, tick data, minute, hourly is all the same.

You can't extract or quantity bid and ask order book data using the movement of these bars in pips.

I've been doing this for a living for over 16 years and run a very complex automated system that uses machine learning and has AI integrated along with both types of order book data.

If these candlesticks are using order book data and an extraction process like I think it is....

It's not even close to being accurate.

It will be biased to retail trading sentiment and that's a huge problem which will lead to you being on the wrong side of the trade a high percentage of the time.

In machine learning and ai you specifically have to have unbiased data that is clean and integrate live data and allow it to use a voting system etc to create it's own bias.

I hardly post on these forums anymore because everyone wants a get rich plan and there isn't one.

The only person possibly making money here is this "person" using a fake voice over in his videos preying on people who lack experience or knowledge.
"A true speculator tries the market small." - Jesse Livermore
  • #1,076
  • Edited 4:37pm Jul 12, 2025 4:12pm | Edited 4:37pm
To get something close to what he is talking about you need a system that not only uses range bars which are immune to time but also uses both types of order book data, and has a volatility gauge such as atr or bb bandwidth.

Which most systems use proprietary data and create these types of systems using dynamic indicators that adjust to market conditions.
"A true speculator tries the market small." - Jesse Livermore
  • #1,077
  • Jul 13, 2025 7:14am Jul 13, 2025 7:14am
Jgcole83, a master of anecdotal evidence

Dear Jgcole83,

Thank you for your entertaining post, which once again shows that you either have no idea about trading or haven't thoroughly researched the topic. Let's address his first question: Has anyone ever taken the trouble to ask where they get their order book data from? I've probably answered this question over 100 times over the years on FF and YouTube. Since Jgcole83 doesn't know this, there's only one conclusion: He has no idea what my posts are about. This is nothing new, as he posted a post in my forum in 2019, which Rick M responded to as follows:

Attached Image (click to enlarge)
Click to Enlarge Name: Rick M.png Size: 27 KB


The most detailed trading data is used by high-frequency traders. The cost is approximately $100,000 per month, as it is updated several times per second. Institutional traders play only a minor role in the foreign exchange market, as they cannot move the market in the long term. The big players, such as Deutsche Bank, which has the most experience in the EUR/USD, are the decisive players. And it only makes sense to develop algorithms for these big players, as they trade an average of 200,000 lots daily.

You can't extract or quantify bid and ask order book data based on the movement of these bars in pips. This really raises the question of what this guy ultimately understood. If you don't understand something because you're not intellectually strong enough, you can't blame someone else for it. Incidentally, I didn't claim that. Jgcole83 has allegedly been earning his living for over 16 years with a very complex automated system that uses machine learning and has integrated AI into both types of order book data. He probably receives financial support from his parents or his wife, because there is no automated system that works sustainably. Anyone who claims that is not reputable. Based on this statement alone, it's clear that he has no idea about trading and isn't making any money from it.

It would be a waste of resources to continue to address his ridiculous claims, so we'll cut this unsuccessful trader out of our lives. May ignorance be with you.
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,078
  • Jul 13, 2025 8:19pm Jul 13, 2025 8:19pm
Holly Molly I have view this thread many year's ago, and today i found it again after i stop everything about trading and find mr Bionic is still active here
my Respect for you sir
your consistency is outstanding sir

i'am now about to try again forex trading, i have a lot of catching up to do >.<

Ps: i forgot again on how to instal, analise, rule, ect2.... maybe i need to read the thread from the beginning sir?
  • #1,079
  • Jul 26, 2025 12:04am Jul 26, 2025 12:04am
Algo LIVE Trading Chart

Hello dear traders,

In today's post, I'd like to show you my current main trading chart and how it behaves in the EURUSD. First, we'll discuss the individual trading charts and then run this chart for an hour in the EURUSD. Also interesting are my self-developed tones, which play differently on the left and right channels. If you have a basic understanding of the individual charts, you can more easily follow certain processes. I'm convinced that in some cases you'll already know where the price will go next.

Inserted Video


I hope you enjoy it.

Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,080
  • Jul 26, 2025 4:08am Jul 26, 2025 4:08am
Quoting Tabary
Holly Molly I have view this thread many year's ago, and today i found it again after i stop everything about trading and find mr Bionic is still active here my Respect for you sir your consistency is outstanding sir i'am now about to try again forex trading, i have a lot of catching up to do >.< Ps: i forgot again on how to instal, analise, rule, ect2.... maybe i need to read the thread from the beginning sir?
Hello Tabary, thank you very much. It's interesting to hear that trading still fascinates you. Important: Always trade with small contracts during training, for example, 0.01 lot. And if you're regularly making small profits with them one day, you can easily increase the number of contracts. I have over 100 English videos on my English YouTube channel, and these might also be helpful. By the way, it's not about copying my approach exactly; it's primarily about exploring new, creative paths. Because that's the only way you'll be successful in the long run. I wish you much success. Best regards, Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
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