markttechniktrading.de

[⭐ apmoo]

Thanks 

https://workupload.com/file/Cge9GfThtyL

[⭐ rcarlos1947]

While searching thru the various indicators/strategies/bots/algos, I came across this interesting package. It caught my eye because its bases on the 1-2-3 concept with some price action and market measurements as well. The reason it drew my attention was because I am always in search of methods to continue learning discretionary trading. When I went to their website, unfortunately the information is in German, he videos on Youtube are in German as well. I'm sure there are nuggets in those videos, but unfortunately beyond my grasp.

It appears that the display provides trading entries, targets, and stops. I also determined that the trade manager provide sets OCO orders for entry. When an order is executed, it also has a trailing stop algorithm built in. There are also chart and Market Analyzer templates provide. So my hope is that some one fluent in German can shed some light on this package. It may prove beneficial.

BTW, Thank you @Trader and @apmoo for  their contribution.

 

 

Edited 21 hours ago by rcarlos1947

[roddizon1978]

8 hours ago, rcarlos1947 said:

While searching thru the various indicators/strategies/bots/algos, I came across this interesting package. It caught my eye because its bases on the 1-2-3 concept with some price action and market measurements as well. The reason it drew my attention was because I am always in search of methods to continue learning discretionary trading. When I went to their website, unfortunately the information is in German, he videos on Youtube are in German as well. I'm sure there are nuggets in those videos, but unfortunately beyond my grasp.

It appears that the display provides trading entries, targets, and stops. I also determined that the trade manager provide sets OCO orders for entry. When an order is executed, it also has a trailing stop algorithm built in. There are also chart and Market Analyzer templates provide. So my hope is that some one fluent in German can shed some light on this package. It may prove beneficial.

BTW, Thank you @Trader and @apmoo for  their contribution.

 

 

The download documentation has English explanation on the bottom part

[⭐ rcarlos1947]

@roddizon1978 Thank you for your comments. Yes I agree the color bars appear FIB related. The website document (pdf) explains various things on the chart, and I have read it while watching the chart to try and understand it better. Still, I'm sure the videos add extra insights into how to use t to better advantage. And yes, I have added the English subscript files to the videos, but difficult to read and follow while He makes observations. I am
always open to comments that help me learn.

[⭐ kapitansb]

17 hours ago, rcarlos1947 said:

 When I went to their website, unfortunately the information is in German, he videos on Youtube are in German as well. 

 

 

So ,now you need to find somewhere good German course and sorted out . 😄

 

But seriously - when you go into video settings on YT you can choose automatic translation in multiple languages (subtitles).

All the best !

[⭐ rcarlos1947]

@kapitansb I doing well just to do English.😁

I have run the YT vids thru translation, but still scrambles my brain.

There are online services that translate audio (voice) in videos to any language, sadly, I don't have the access.

[roddizon1978]

I have observed this last night and today. As I said before, it looks like a Fib count of an Elliot wave, but he only uses 3 count and reject the rest, and I saw this numbering before, in my Elliot wave Ninjacator Indicator. I bet you that is where he copied it, in the Ninjacator Elliot wave strategy, without all the projected and violated area excluded, he just put the numbers to show that area. I bet that if you installed the Ninjacator Elliot wave indicator, they would match. Now, those bars I think is based on the Fib count, the first bar is the retracement bar, seem like and he color it, the 2nd bar I think is the projection bar , and display only when the first bar is fully satisfied and there is a big chance that the projection bar could happen (2 to 3) the color I believe is base also on their accomplishment first bar, and 2nd bar. The strategy, I think here is trade on the projection, where it is going. Where to trade, as I tried with a simulation account, when the 2 bars are almost the same in color it mean the direction is right and have highest chance it will happened; where to stop, when the 2 bars have a slight or big difference in color, mean more opposition or opposite of your projection or guest. And I made profit trading it that way.

Edited 2 hours ago by roddizon1978

[⭐ rcarlos1947]

@roddizon1978 Wow !!! Excellent information. You have put great effort to evaluate this methodology and you have provided great input. I was hoping someone with more experience would consider this as a valid method for discretionary trading. Now I need to digest and apply it to Sim/Market replay to get comfortable with it.

Thank you for your input !👏

Edited 1 hour ago by rcarlos1947