Bionic Chart - The easiest forex navigat (Bionic Chart - The easiest forex navigat)
bionic chart
Downloads of Bionic Candles since 2019: 39,567
Hello dear subscribers, dear beginners and traders,
Candles are made of price and time. Time is a fixed factor, while price is variable, which is why candles are always created randomly. This means that there is no clear sequence of patterns within the candles and therefore the formation of the candles is only formed by chance. Traders should always base their trading methods on high probability rather than coincidence. The big players are the only traders who move the big markets. The algorithms they use make it easier for them to control individual markets and limit orders. The programming of these algorithms is very complex, since they must ensure communication between individual order types. There are algorithms that search for certain anomalies in the market, such as hidden stops, and there are algorithms that trigger certain trading strategies. Once a breakthrough occurs, market orders will be injected into the market, and at the same time, limit orders that maintain the market order will be withdrawn. In order to not have to write a new algorithm every day, the internal processes within the algorithm are preserved. To do this, the big players in the market create invisible price zones that simply change depending on the situation. This means that the algorithm will simply move to different price levels and can continue to follow its programming. Bionic Candles were developed exactly for this purpose and indirectly follow this institutional trading method. This makes it easier to identify these unseen price areas for the big players and identify possible trend reversals with a higher probability. Bionic candles display candle strength more accurately than candlestick charts and better represent ambiguous prices. This also saves a lot of time. By making invisible price areas visible, clear entry and exit points can now be pre-fixed in the chart. These invisible price areas can be significantly reduced on tick charts, thereby reducing your stop loss and increasing CRV while reducing your risk. You can also get away with not using many indicators as they only follow the price chart and are therefore slower. This means you have fewer distractions and no unnecessary clutter on your screen. Those who are able to identify the hidden price areas of the large players have a clear trading advantage over most market participants. This alone is good reason to take a closer look at bionic candles. Here you will find 7 videos that actually discuss the advantages of bionic candles in 1 hour. You can then decide whether a bionic candle would be beneficial for you, too.
Invited to participate in the Foreign Exchange Factory large-scale project
When I started trading in 2009, as a beginner, I dreamed of having an indicator that showed exactly when prices were going up or down. I developed such an indicator 2.5 years ago and made it available for free on my blog, and the indicator was downloaded thousands of times. In my opinion, most traders don't know what opportunities this indicator contains, which is completely understandable because the indicator is worthless if you don't know exactly what its strengths are. When I developed this indicator, I had no idea what potential it had. I've worked closely with some friends over the past 30 months, and I'm ready to share my findings with you. To give you an idea of what this is all about, start by watching the two videos below. After some effort, I translated the spoken text into English so that most traders can understand it. I apologize for any mistakes. German speakers should watch the following video on my YouTube channel: and here is the link to my channel
YouTube Channel Bionics Forex Algorithm
First, I made some videos where you can get the most important information. The video is in English, but you can have subtitles in your language. Clicking "YouTube" in the lower right corner of the video will take you to one of my YouTube channels and allow you to fade in the subtitles. Take your time first and watch the video quietly. They are coordinated and arranged chronologically. After you watch the video, please read the text below the video carefully. There you will find everything you need to know about our projects. Finally, you can download the Bionic Candle indicator for free. Take a look at page one every now and then, as that's where I'll post the most important information. For now, we wish you a great time and look forward to working with you in a big team. Greetings Michael
The fastest indicator is the price chart, which is why I developed Bionic Candles. I've spent approximately 5,000 hours over the past 30 months trying to better understand this price chart. The results were incredible, I couldn't believe it at first. I'm happy to share this with you, but I don't do it for free. First of all, I don't want any money from you because I've been trading for a living for years and that's not going to change in the future. In return, I hope for your time. I would like to explain to you in what form and why. Over the past few years, I've discovered many advantages to bionic candles, but far from them all. I now want to change this for the benefit of the people involved in the project. This quote: “Together we achieve more” sums it up well. Forex Factory has nearly 1 million members. If only 0.5% of people joined our joint project long-term and worked with this price chart for 2 hours a day, we would achieve in a week what it took me 2.5 years to achieve now. This means that, if we work together, we can achieve in one year what it would have taken me alone 50 years to achieve.
If you watch my two videos carefully, in the future you will know more accurately where the route turns and exactly how far it goes. With this, you can not only increase your probability of winning, but also significantly increase your winning rate. Even before you make a trade, you know whether it's worth it because you can see exactly how far the trade can go. If you are not yet profitable, you can use it to break even and reduce potential losses. In order to dispel any doubts from the beginning, I would like to raise some key questions and answer them at the same time.
My name is Michael, I come from the financial services industry and have been trading on the stock exchange for over 11 years. I belong to the 2% of professional Forex traders who are allowed to trade within the European ESMA regulations with leverage up to 1:500. Over the past 8 years, I have strategically evolved from day trader to day trader and my cumulative screen time has reached 40,000 hours. Since my strength is creativity, I have developed a lot in recent years using future stock market data to give me a deeper understanding of today's markets.
Ever since I started trading, I've learned that only the big players move the biggest markets. This is why these big players are a key factor in my daily trading. The biggest giants don't have to cooperate because they use similar methods and therefore know exactly what their competitors are doing. In their own markets, they are more likely to struggle with institutional and retail traders, who are proven to lose the most. We, the retailer, were the largest in terms of number of traders, but we also suffered the largest losses. In order to take advantage of the best opportunities, we must first understand how the large players differ from retail traders. Large businesses must be viewed as an army, operating according to a clear strategy, while retailers are left to their own devices, pursuing their own strategies. The biggest players in the world work with very specialized teams of analysts, programmers, and traders, while retail traders have to do everything themselves. From my perspective, we have two clear advantages. We can get in and out at any time without having to spend hours or days setting up and defending positions. Another advantage is that we can react very quickly to quickly buy or close a position. Our decisive disadvantage: many good retailers do not yet have adequate networks to exchange key knowledge. If we approach this wisely and strategically, our currently weakest market position will improve.
There is of course an ulterior motive, which is to further develop a very good idea. First, I've written over 600,000 words on my blog over the past 4 years and made creative innovations and methods available for free. I have provided my Bionic Candles and many other indicators to many traders without any counter service, although many advised me not to do so. I do not sell indicators, EAs or seminars. This will not change in the future as I am a trader through and through. Everyone has a certain degree of selfishness, and I am no exception. Honestly, I started blogging to accelerate my personal knowledge acquisition. First of all, this is only possible by treating individual topics in great depth and then graphically communicating these findings to others. Of course, I don't sell any products or offer pointless trading courses, but I can grow myself three times faster because of the content I offer. The videos and articles I create give me tons of new ideas and fuel my creativity. Questions that I had never asked myself before kept coming up. To answer these questions, I had to dig deeper and deeper into Eye of the Tornado. This is a kind of turbine for my own development process. Quit the quid pro quo, or as I put it: one hand washes the other.
Through my very detailed research, when dealing with algorithms in practice, I discover every day new operations that big players often use to deceive us. This is what drives me to participate in the markets every day. I'm not very interested in money and fame. The big players are Real Madrid and as a small player I'm happy to score regularly. The fact that so many traders lose money in the Forex market is not just because many of them are new comers or are not very professional retail traders. The main reason for this is that there are many more professionals and big players with deep financial resources in the Forex market than in the future market. From a probability perspective, the futures market is a relatively simple market, but it should generally be kept away from transactions and does not have a decisive market advantage.
Yes, because the advantages offered by this new type of price chart are definitely worth it. I will provide you with more specific information on this matter. We only use bionic candles without any further indicators. It's simple and efficient, and can be easily integrated into your setup. But not every trader will use it, which is fine because we only want to work with traders who really want to.
First of all, bionic candles are not the Holy Grail, as it leaves a lot of room for your own interpretation. This alone prevents the same approach. Also, not every member of FF will be involved. Even if 1% of FF members had greater success with bionic candles, the market wouldn't notice it because everyone trades a different asset. Therefore, bionic candles will never affect the stock market, but they will affect the probability of some retailers winning.
This is true in theory, but unfortunately not in practice. Experience working with this price chart is crucial when working with bionic candles. It takes a lot of time to effectively take advantage of the many advantages. It looks simple and easy, but takes some getting used to. Our brains can better process information delivered through multiple sensory channels. Depending on the method, only a small portion of the information is retained in the brain. By reading: 10%, by listening: 20%, by watching: 30%, by listening and watching: 50%, by independent interpretation: 70%, by doing it yourself: 90%. Your own practice with bionic candles is the fastest way to effectively absorb and retain knowledge. Therefore, it will only benefit those who deal with it on a daily basis. You can't fly a plane just because you watch a video.
This is exactly what I don't want. I admire Davitt, Atta Turkoglu, and Hanover for how much time they spend or have spent on valuable leads every day. I don't have time to do this as I'm working on many projects in algorithmic analysis. By the way, I prefer 10 subscribers who work closely with us rather than 100 passive members waiting for something to happen. Plus, this isn’t about me, it’s about the future, sharing the discovery of bionic candles, and everyone involved can benefit from it.
The bionic candle is just one part of the whole and you can continue your strategy, it's just a complement. Of course, you could also just use a bionic candle, which is basically just a smart candle made with the new spirit of the times in mind.
Of course, this is also worth learning. Most traders find it difficult to accept losses and therefore remove their stop loss or take profit prematurely. From my experience: if one is wrong, you are cut off and look for new possibilities. Personally, I find losses more helpful than profits because almost no trader studies the reasons for his subsequent wins. On the other hand, losses can help you further when you figure out what went wrong.
Yes and no. I have been running my blog "Balance, the Key to Success" for four years now and have had very polite and constructive exchanges with wonderful subscribers of whom I am very proud. This won't change in my new thread either. I say yes to all participants here who engage constructively and treat their colleagues fairly. I say no to anyone who tries to disrupt or hinder this community.
This blog is about bionic candles, assets are irrelevant. My friends and I only trade EURUSD, but all currencies, indices or raw materials and metals are welcome. We don't accept other metrics, advertising your own blog, or stuff that ignores the actual topic. It’s not about the importance of bionic candles, it’s about the advantages for you. We also don’t want to engage in unnecessary discussions out of sheer vanity. My friends and I have many years of extensive experience in the Forex and Futures markets, stock market data, and algorithms. This can help us in many areas.
The project was not started with the intention of teaching traders to trade or motivating them to trade without careful consideration, but simply to enable mutually beneficial exchanges. Exchanges have been around for over 600 years, and during this time no trader has successfully developed a replicable concept to achieve consistent profits. I do not wish to suggest that I can change these facts through trading, nor that my view of the market is correct. Every trader has his own point of view, which I absolutely accept and respect. By the way, I expect the same from others. So my future statements here are solely my personal opinions. I have always been open to discussions about further development and I categorically reject discussions based on vanity. The information I post is based solely on my personal opinion or experience and I make no claim that I am correct.
Sometimes things change because two different people pronounce a word or phrase. At this moment, when you have new ideas, you can only be a happy little trader. Because as an employee of a large company, your ideas must be verified many times first. I believe that the world's greatest inventions would never have appeared if they had been pursued many times. As a retailer, you can implement your ideas directly. The big players don't have that kind of speed and flexibility. This is another advantage for our retailers. It’s not that the big one eats the small one, it’s that the fast one eats the slow one. I believe bionic candles can get you to your break-even point faster. The person managing this is one of the best 10% of traders in the world, and while it's still not profitable, it's not causing any losses either.
The bionic candle was developed to better understand what big companies are doing. All insiders who have worked for major companies have confidentiality clauses in their contracts. Breach of this provision may result in a claim for substantial damages. That's why almost no one explains what the big players really do. However, with the right technology and equipment, you can predict your next move. The bionic candle is helpful here because it takes each scenario into account. In order to follow the big players, you have to enter the market where the big players are active. The more liquid the market is, the better the information provided by bionic candles.
For Bionic candles, as a scalper, I find an entry opportunity on average every 2 minutes. This is an advantage, along with many that we'll discuss. There is no right or wrong in the stock market, only "too early" or "too late". Bionic candles might just be the middle ground.
The purpose of this first article is to give you a clear understanding of what is expected of you and what is expected of us. First, you should consider whether the topic meets your expectations and whether you are ready to get involved. We don’t want to entertain you here, we want to work with you. We are not looking for consumers, but creative producers. If you accept these terms and conditions, we are involved.
There are a lot of hurdles to overcome in the beginning, as some people may not have used MT4 before. There are many videos on YouTube on the subject to help you get set up.
First, it's important to watch eight videos about bionic candles. Many members even think these videos should be watched a few more times. It can also be helpful for some people to reproduce the areas I created in the video in their own diagrams. But there is a small problem here, since each broker has a different price section, which of course also changes the representation of the bionic candle. But that's not a problem, you can still find the key candle.
The Bionic Candle was primarily developed for EURUSD and works best in EURUSD. Of course, you can also use them in major currency pairs, the important thing is to have high liquidity. The more liquid the market is, the better the information provided by bionic candles. Of course, it also works with DAX or S&P, but I recommend you start with EURUSD.
In addition to bionic candles, you will also find other auxiliary indicators and corresponding templates on the first page. These secondary indicators may confuse you at first rather than help you. So my suggestion is to start with bionic candles. Once these are installed on the chart, start with H1 or M15. Now go back in time and start identifying key candles and then draw the corresponding areas with two lines each. Once you're done, scroll to the future to see if your assumptions were correct. If you are wrong, draw a zone at the last low or high and go back to that. Then you can find the key candles and understand where your mistakes were. Initially I will only analyze larger trend reversals. You can often find interesting key candles after the major balance. Another tip, if you are using colored areas, it is best to use dark blue as this is the least distracting.
Start analyzing candle strength, from which future price changes can often be determined. You can find this information in my video.
Remember, the Bionic Candle is not a moving average that tells you when to place a trade. Nonetheless, bionic candles are a great tool to increase your probability of winning in the future. But you have to train for it and stay focused. In principle, it's like playing tennis, it's not just about serving a few balls, you have to be on the court a lot. Now I wish you happy training and don't let it get you down.
Maybe this clue is the start of something very valuable. We look forward to your visit.
Kind regards Michael
Bionic indicators are regularly revised and adjusted. Once a new version is available, the old version is completely deleted. This will also remove the download number shown.
Downloads of Bionic Candles since October 2021: 19,280
https://www.forexfactory.com/thread/...3#post13830123
Of course, as a scalper, I have a very short window of time to act, but the larger time frame is also important to me. I want to give you an example. If you drive your vehicle very fast at night and only turn on the low beam, you won't see the dangerous curve until you turn on the high beam. Large businesses do not act quickly as they sometimes spend hours on collection activities. Imagine that you already have a rough idea of how the day's lessons are going to go. Then you can perform better in the short term because you see the big picture. Bionic candles were created precisely because we can narrow the invisible price zone from a larger time unit to a smaller time frame. Larger time units display increasingly accurate data because it removes market noise. You should always take advantage of this. We'll discuss in detail how to narrow these areas and work successfully on tick charts. Since H1 or M15 always provide more precise information than M1, the easiest way to understand the advantages of bionic candles is to use higher time units. The smaller the unit of time, the harder it is to make specific statements. No matter what you learn, always start with the simplest things to understand something. The difficulty can then be increased. Start by using a larger time frame, such as understanding the principles of M15. If you're a pro out there, you can always increase the difficulty. Furthermore, we hope to work together here to discover further advantages of bionic candles. For this we need a homogeneous level of knowledge, and we must first achieve this together.
Advantages of scale charts
Why do bionic candles work best in liquid markets?
best communication
Bionic candle callback
Pull the same rope together!
Now that we have introduced you to the basics of bionic candles, it is now a matter of gathering your first experience and getting familiar with your new candle. As you know, I have been working exclusively on EURUSD for over 11 years. In order for you to see the opportunities that arise, start by watching this video. The pictures and text are in English, but they are spoken in German. To do this, you can display English subtitles on YouTube.
Efficient currency pair
You can download the table here:
Bionic Currency Calculator
The world's largest players trade EUR/USD every day, and EUR/USD is the most liquid of all assets in the world. High levels of liquidity mean less volatility, but also greater security, which is ideal for our training. Additionally, Bionic Candles work best in liquid sideways markets. I talk about this in the video on the topic's home page.
For the reasons stated above, I want to focus primarily on EURUSD in this article. Of course you can post other assets as well, but I can't give you any specific support since I don't follow other assets. When most of us work with EURUSD, there are interesting synergies. Every day we have different information about the current direction of EURUSD and at the same time we can see if the area we have drawn is correct or wrong. Interestingly, we regularly focus on all units of time because each of you operates in different units of time. Therefore, most of us learn best when we focus on one thing. Of course, bionic candles are suitable for all resources, but we should start with the simplest. In driving school, you don’t learn to drive a sports car. The bionic candle not only identifies critical areas but also displays the current intensity of the ongoing process.
Try it once and make a prediction for the future in the current chart based on this strength. Even though it won't be easy at first, every day you will discover new aspects that will make your trading easier.
I believe this joint approach will bring us the greatest success. Here's a little comparison. We were divided into two groups of 25 people each and competed with each other to pull the rope. Group A is clearly stronger than Group B, but the weaker Group B wins. The reason is simple because they bring their strengths together. If we could do that on this thread, the results would surprise us. Kind regards Michael
This content is non-commercial and does not pursue any commercial objectives. I assume no responsibility for the correctness, completeness and topicality of the information in my files, which is provided free of charge. The content of my posts is for reference only and does not constitute investment advice or trading advice. Please note that you use the data I provide for free at your own risk.
Downloads of Bionic Candles since 2019: 39,567
Hello dear subscribers, dear beginners and traders,
Candles are made of price and time. Time is a fixed factor, while price is variable, which is why candles are always created randomly. This means that there is no clear sequence of patterns within the candles and therefore the formation of the candles is only formed by chance. Traders should always base their trading methods on high probability rather than coincidence. The big players are the only traders who move the big markets. The algorithms they use make it easier for them to control individual markets and limit orders. The programming of these algorithms is very complex, since they must ensure communication between individual order types. There are algorithms that search for certain anomalies in the market, such as hidden stops, and there are algorithms that trigger certain trading strategies. Once a breakthrough occurs, market orders will be injected into the market, and at the same time, limit orders that maintain the market order will be withdrawn. In order to not have to write a new algorithm every day, the internal processes within the algorithm are preserved. To do this, the big players in the market create invisible price zones that simply change depending on the situation. This means that the algorithm will simply move to different price levels and can continue to follow its programming. Bionic Candles were developed exactly for this purpose and indirectly follow this institutional trading method. This makes it easier to identify these unseen price areas for the big players and identify possible trend reversals with a higher probability. Bionic candles display candle strength more accurately than candlestick charts and better represent ambiguous prices. This also saves a lot of time. By making invisible price areas visible, clear entry and exit points can now be pre-fixed in the chart. These invisible price areas can be significantly reduced on tick charts, thereby reducing your stop loss and increasing CRV while reducing your risk. You can also get away with not using many indicators as they only follow the price chart and are therefore slower. This means you have fewer distractions and no unnecessary clutter on your screen. Those who are able to identify the hidden price areas of the large players have a clear trading advantage over most market participants. This alone is good reason to take a closer look at bionic candles. Here you will find 7 videos that actually discuss the advantages of bionic candles in 1 hour. You can then decide whether a bionic candle would be beneficial for you, too.
Invited to participate in the Foreign Exchange Factory large-scale project
When I started trading in 2009, as a beginner, I dreamed of having an indicator that showed exactly when prices were going up or down. I developed such an indicator 2.5 years ago and made it available for free on my blog, and the indicator was downloaded thousands of times. In my opinion, most traders don't know what opportunities this indicator contains, which is completely understandable because the indicator is worthless if you don't know exactly what its strengths are. When I developed this indicator, I had no idea what potential it had. I've worked closely with some friends over the past 30 months, and I'm ready to share my findings with you. To give you an idea of what this is all about, start by watching the two videos below. After some effort, I translated the spoken text into English so that most traders can understand it. I apologize for any mistakes. German speakers should watch the following video on my YouTube channel: and here is the link to my channel
YouTube Channel Bionics Forex Algorithm
Insert video
First, I made some videos where you can get the most important information. The video is in English, but you can have subtitles in your language. Clicking "YouTube" in the lower right corner of the video will take you to one of my YouTube channels and allow you to fade in the subtitles. Take your time first and watch the video quietly. They are coordinated and arranged chronologically. After you watch the video, please read the text below the video carefully. There you will find everything you need to know about our projects. Finally, you can download the Bionic Candle indicator for free. Take a look at page one every now and then, as that's where I'll post the most important information. For now, we wish you a great time and look forward to working with you in a big team. Greetings Michael
Insert video
Insert video
Insert video
Insert video
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Insert video
The fastest indicator is the price chart, which is why I developed Bionic Candles. I've spent approximately 5,000 hours over the past 30 months trying to better understand this price chart. The results were incredible, I couldn't believe it at first. I'm happy to share this with you, but I don't do it for free. First of all, I don't want any money from you because I've been trading for a living for years and that's not going to change in the future. In return, I hope for your time. I would like to explain to you in what form and why. Over the past few years, I've discovered many advantages to bionic candles, but far from them all. I now want to change this for the benefit of the people involved in the project. This quote: “Together we achieve more” sums it up well. Forex Factory has nearly 1 million members. If only 0.5% of people joined our joint project long-term and worked with this price chart for 2 hours a day, we would achieve in a week what it took me 2.5 years to achieve now. This means that, if we work together, we can achieve in one year what it would have taken me alone 50 years to achieve.
If you watch my two videos carefully, in the future you will know more accurately where the route turns and exactly how far it goes. With this, you can not only increase your probability of winning, but also significantly increase your winning rate. Even before you make a trade, you know whether it's worth it because you can see exactly how far the trade can go. If you are not yet profitable, you can use it to break even and reduce potential losses. In order to dispel any doubts from the beginning, I would like to raise some key questions and answer them at the same time.
My name is Michael, I come from the financial services industry and have been trading on the stock exchange for over 11 years. I belong to the 2% of professional Forex traders who are allowed to trade within the European ESMA regulations with leverage up to 1:500. Over the past 8 years, I have strategically evolved from day trader to day trader and my cumulative screen time has reached 40,000 hours. Since my strength is creativity, I have developed a lot in recent years using future stock market data to give me a deeper understanding of today's markets.
Ever since I started trading, I've learned that only the big players move the biggest markets. This is why these big players are a key factor in my daily trading. The biggest giants don't have to cooperate because they use similar methods and therefore know exactly what their competitors are doing. In their own markets, they are more likely to struggle with institutional and retail traders, who are proven to lose the most. We, the retailer, were the largest in terms of number of traders, but we also suffered the largest losses. In order to take advantage of the best opportunities, we must first understand how the large players differ from retail traders. Large businesses must be viewed as an army, operating according to a clear strategy, while retailers are left to their own devices, pursuing their own strategies. The biggest players in the world work with very specialized teams of analysts, programmers, and traders, while retail traders have to do everything themselves. From my perspective, we have two clear advantages. We can get in and out at any time without having to spend hours or days setting up and defending positions. Another advantage is that we can react very quickly to quickly buy or close a position. Our decisive disadvantage: many good retailers do not yet have adequate networks to exchange key knowledge. If we approach this wisely and strategically, our currently weakest market position will improve.
There is of course an ulterior motive, which is to further develop a very good idea. First, I've written over 600,000 words on my blog over the past 4 years and made creative innovations and methods available for free. I have provided my Bionic Candles and many other indicators to many traders without any counter service, although many advised me not to do so. I do not sell indicators, EAs or seminars. This will not change in the future as I am a trader through and through. Everyone has a certain degree of selfishness, and I am no exception. Honestly, I started blogging to accelerate my personal knowledge acquisition. First of all, this is only possible by treating individual topics in great depth and then graphically communicating these findings to others. Of course, I don't sell any products or offer pointless trading courses, but I can grow myself three times faster because of the content I offer. The videos and articles I create give me tons of new ideas and fuel my creativity. Questions that I had never asked myself before kept coming up. To answer these questions, I had to dig deeper and deeper into Eye of the Tornado. This is a kind of turbine for my own development process. Quit the quid pro quo, or as I put it: one hand washes the other.
Through my very detailed research, when dealing with algorithms in practice, I discover every day new operations that big players often use to deceive us. This is what drives me to participate in the markets every day. I'm not very interested in money and fame. The big players are Real Madrid and as a small player I'm happy to score regularly. The fact that so many traders lose money in the Forex market is not just because many of them are new comers or are not very professional retail traders. The main reason for this is that there are many more professionals and big players with deep financial resources in the Forex market than in the future market. From a probability perspective, the futures market is a relatively simple market, but it should generally be kept away from transactions and does not have a decisive market advantage.
Yes, because the advantages offered by this new type of price chart are definitely worth it. I will provide you with more specific information on this matter. We only use bionic candles without any further indicators. It's simple and efficient, and can be easily integrated into your setup. But not every trader will use it, which is fine because we only want to work with traders who really want to.
First of all, bionic candles are not the Holy Grail, as it leaves a lot of room for your own interpretation. This alone prevents the same approach. Also, not every member of FF will be involved. Even if 1% of FF members had greater success with bionic candles, the market wouldn't notice it because everyone trades a different asset. Therefore, bionic candles will never affect the stock market, but they will affect the probability of some retailers winning.
This is true in theory, but unfortunately not in practice. Experience working with this price chart is crucial when working with bionic candles. It takes a lot of time to effectively take advantage of the many advantages. It looks simple and easy, but takes some getting used to. Our brains can better process information delivered through multiple sensory channels. Depending on the method, only a small portion of the information is retained in the brain. By reading: 10%, by listening: 20%, by watching: 30%, by listening and watching: 50%, by independent interpretation: 70%, by doing it yourself: 90%. Your own practice with bionic candles is the fastest way to effectively absorb and retain knowledge. Therefore, it will only benefit those who deal with it on a daily basis. You can't fly a plane just because you watch a video.
This is exactly what I don't want. I admire Davitt, Atta Turkoglu, and Hanover for how much time they spend or have spent on valuable leads every day. I don't have time to do this as I'm working on many projects in algorithmic analysis. By the way, I prefer 10 subscribers who work closely with us rather than 100 passive members waiting for something to happen. Plus, this isn’t about me, it’s about the future, sharing the discovery of bionic candles, and everyone involved can benefit from it.
The bionic candle is just one part of the whole and you can continue your strategy, it's just a complement. Of course, you could also just use a bionic candle, which is basically just a smart candle made with the new spirit of the times in mind.
Of course, this is also worth learning. Most traders find it difficult to accept losses and therefore remove their stop loss or take profit prematurely. From my experience: if one is wrong, you are cut off and look for new possibilities. Personally, I find losses more helpful than profits because almost no trader studies the reasons for his subsequent wins. On the other hand, losses can help you further when you figure out what went wrong.
Yes and no. I have been running my blog "Balance, the Key to Success" for four years now and have had very polite and constructive exchanges with wonderful subscribers of whom I am very proud. This won't change in my new thread either. I say yes to all participants here who engage constructively and treat their colleagues fairly. I say no to anyone who tries to disrupt or hinder this community.
This blog is about bionic candles, assets are irrelevant. My friends and I only trade EURUSD, but all currencies, indices or raw materials and metals are welcome. We don't accept other metrics, advertising your own blog, or stuff that ignores the actual topic. It’s not about the importance of bionic candles, it’s about the advantages for you. We also don’t want to engage in unnecessary discussions out of sheer vanity. My friends and I have many years of extensive experience in the Forex and Futures markets, stock market data, and algorithms. This can help us in many areas.
The project was not started with the intention of teaching traders to trade or motivating them to trade without careful consideration, but simply to enable mutually beneficial exchanges. Exchanges have been around for over 600 years, and during this time no trader has successfully developed a replicable concept to achieve consistent profits. I do not wish to suggest that I can change these facts through trading, nor that my view of the market is correct. Every trader has his own point of view, which I absolutely accept and respect. By the way, I expect the same from others. So my future statements here are solely my personal opinions. I have always been open to discussions about further development and I categorically reject discussions based on vanity. The information I post is based solely on my personal opinion or experience and I make no claim that I am correct.
Sometimes things change because two different people pronounce a word or phrase. At this moment, when you have new ideas, you can only be a happy little trader. Because as an employee of a large company, your ideas must be verified many times first. I believe that the world's greatest inventions would never have appeared if they had been pursued many times. As a retailer, you can implement your ideas directly. The big players don't have that kind of speed and flexibility. This is another advantage for our retailers. It’s not that the big one eats the small one, it’s that the fast one eats the slow one. I believe bionic candles can get you to your break-even point faster. The person managing this is one of the best 10% of traders in the world, and while it's still not profitable, it's not causing any losses either.
The bionic candle was developed to better understand what big companies are doing. All insiders who have worked for major companies have confidentiality clauses in their contracts. Breach of this provision may result in a claim for substantial damages. That's why almost no one explains what the big players really do. However, with the right technology and equipment, you can predict your next move. The bionic candle is helpful here because it takes each scenario into account. In order to follow the big players, you have to enter the market where the big players are active. The more liquid the market is, the better the information provided by bionic candles.
For Bionic candles, as a scalper, I find an entry opportunity on average every 2 minutes. This is an advantage, along with many that we'll discuss. There is no right or wrong in the stock market, only "too early" or "too late". Bionic candles might just be the middle ground.
The purpose of this first article is to give you a clear understanding of what is expected of you and what is expected of us. First, you should consider whether the topic meets your expectations and whether you are ready to get involved. We don’t want to entertain you here, we want to work with you. We are not looking for consumers, but creative producers. If you accept these terms and conditions, we are involved.
There are a lot of hurdles to overcome in the beginning, as some people may not have used MT4 before. There are many videos on YouTube on the subject to help you get set up.
First, it's important to watch eight videos about bionic candles. Many members even think these videos should be watched a few more times. It can also be helpful for some people to reproduce the areas I created in the video in their own diagrams. But there is a small problem here, since each broker has a different price section, which of course also changes the representation of the bionic candle. But that's not a problem, you can still find the key candle.
The Bionic Candle was primarily developed for EURUSD and works best in EURUSD. Of course, you can also use them in major currency pairs, the important thing is to have high liquidity. The more liquid the market is, the better the information provided by bionic candles. Of course, it also works with DAX or S&P, but I recommend you start with EURUSD.
In addition to bionic candles, you will also find other auxiliary indicators and corresponding templates on the first page. These secondary indicators may confuse you at first rather than help you. So my suggestion is to start with bionic candles. Once these are installed on the chart, start with H1 or M15. Now go back in time and start identifying key candles and then draw the corresponding areas with two lines each. Once you're done, scroll to the future to see if your assumptions were correct. If you are wrong, draw a zone at the last low or high and go back to that. Then you can find the key candles and understand where your mistakes were. Initially I will only analyze larger trend reversals. You can often find interesting key candles after the major balance. Another tip, if you are using colored areas, it is best to use dark blue as this is the least distracting.
Start analyzing candle strength, from which future price changes can often be determined. You can find this information in my video.
Remember, the Bionic Candle is not a moving average that tells you when to place a trade. Nonetheless, bionic candles are a great tool to increase your probability of winning in the future. But you have to train for it and stay focused. In principle, it's like playing tennis, it's not just about serving a few balls, you have to be on the court a lot. Now I wish you happy training and don't let it get you down.
Maybe this clue is the start of something very valuable. We look forward to your visit.
Kind regards Michael
Bionic indicators are regularly revised and adjusted. Once a new version is available, the old version is completely deleted. This will also remove the download number shown.
Downloads of Bionic Candles since October 2021: 19,280
https://www.forexfactory.com/thread/...3#post13830123
Of course, as a scalper, I have a very short window of time to act, but the larger time frame is also important to me. I want to give you an example. If you drive your vehicle very fast at night and only turn on the low beam, you won't see the dangerous curve until you turn on the high beam. Large businesses do not act quickly as they sometimes spend hours on collection activities. Imagine that you already have a rough idea of how the day's lessons are going to go. Then you can perform better in the short term because you see the big picture. Bionic candles were created precisely because we can narrow the invisible price zone from a larger time unit to a smaller time frame. Larger time units display increasingly accurate data because it removes market noise. You should always take advantage of this. We'll discuss in detail how to narrow these areas and work successfully on tick charts. Since H1 or M15 always provide more precise information than M1, the easiest way to understand the advantages of bionic candles is to use higher time units. The smaller the unit of time, the harder it is to make specific statements. No matter what you learn, always start with the simplest things to understand something. The difficulty can then be increased. Start by using a larger time frame, such as understanding the principles of M15. If you're a pro out there, you can always increase the difficulty. Furthermore, we hope to work together here to discover further advantages of bionic candles. For this we need a homogeneous level of knowledge, and we must first achieve this together.
Advantages of scale charts
Why do bionic candles work best in liquid markets?
best communication
Bionic candle callback
Pull the same rope together!
Now that we have introduced you to the basics of bionic candles, it is now a matter of gathering your first experience and getting familiar with your new candle. As you know, I have been working exclusively on EURUSD for over 11 years. In order for you to see the opportunities that arise, start by watching this video. The pictures and text are in English, but they are spoken in German. To do this, you can display English subtitles on YouTube.
Insert video
Efficient currency pair
You can download the table here:
Bionic Currency Calculator
The world's largest players trade EUR/USD every day, and EUR/USD is the most liquid of all assets in the world. High levels of liquidity mean less volatility, but also greater security, which is ideal for our training. Additionally, Bionic Candles work best in liquid sideways markets. I talk about this in the video on the topic's home page.
Insert video
For the reasons stated above, I want to focus primarily on EURUSD in this article. Of course you can post other assets as well, but I can't give you any specific support since I don't follow other assets. When most of us work with EURUSD, there are interesting synergies. Every day we have different information about the current direction of EURUSD and at the same time we can see if the area we have drawn is correct or wrong. Interestingly, we regularly focus on all units of time because each of you operates in different units of time. Therefore, most of us learn best when we focus on one thing. Of course, bionic candles are suitable for all resources, but we should start with the simplest. In driving school, you don’t learn to drive a sports car. The bionic candle not only identifies critical areas but also displays the current intensity of the ongoing process.
Try it once and make a prediction for the future in the current chart based on this strength. Even though it won't be easy at first, every day you will discover new aspects that will make your trading easier.
I believe this joint approach will bring us the greatest success. Here's a little comparison. We were divided into two groups of 25 people each and competed with each other to pull the rope. Group A is clearly stronger than Group B, but the weaker Group B wins. The reason is simple because they bring their strengths together. If we could do that on this thread, the results would surprise us. Kind regards Michael
This content is non-commercial and does not pursue any commercial objectives. I assume no responsibility for the correctness, completeness and topicality of the information in my files, which is provided free of charge. The content of my posts is for reference only and does not constitute investment advice or trading advice. Please note that you use the data I provide for free at your own risk.
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