Can you explain the difference of the indis

Hi BullFX,

the indi on the MK livestream (the squeeze indi) is a slightly different version (/feed) than from the MK web. Note that the one on the MK web (all time frames) is the “proper” squeeze indi. Apart from that, the median lines on the MK livestream templates have a different colour as compared to the MK web (they are blue). Further, the position bars on the y-axis are a bit thicker on the MK livestream as compared to the MK web.
We learned that clients prefer to use the MK web rather than the MK livestream, so it can be that in the future Djamal decides to discontinue the MK livestream in order to focus on the MK web (currently, all clients of the MK web also have access to the MK livestream).

Note that currently, Djamal is working on a second product (additional auto screenshots) which is more focused on short-term trading (“MK web II”). In that product, there will be a squeeze indi which shows more details also for lower time frames (such as “short-term squeezes”).
However, we do not know when that product will be finalized, it could take a while (and it involves quite some resources in terms of IT power).

Apart from that, Djamal is currently working on an update of all MK web chart templates (“v8.0”) that will include VERY slight visual improvements, such as:
– making the colour of the median lines less pronounced
– increasing the thickness of the PBs on the y-axis (at least on the H1s and H4s)
– increasing the thickness of lt-stops (the pink lines)
etc.
Feel free to comment on what you as traders prefer and we give Djamal some input on that.

But to answer your question,
In your analysis, always give the MK web squeeze indi priority over the MK livestream (especially on the H1).
Best regards,
SME FX

Hi there.

New to the forum, very excited to learn from Djamal.

I notice that of the 28 Fx currency pairs, data for 11 is shown in the MK web stream.

Is this because the indicators for the other 17 pairs are located somewhere else?

Thanks

Hi Taha,

all the main pairs are covered (EURUSD, GBPUSD, EURGBP, AUDUSD, NZDUSD, USDJPY, GBPJPY, EURJPY, USDCAD) as well as EURAUD, GBPAUD, as well as BTC and Gold and Silver.

Obviously, by analyzing the respective main pairs, you could derive trades for “derivative pairs”. So for example; if AUDUSD has DM shorties and is bullish while USDJPY has DM shorties and is bullish, sometimes you can trade AUDJPY to capture that etc.
Most of the time, Djamal recommends to directly trade the input pairs however.

Gina
SME FX

Admin SME wrote:

Hi Taha,

all the main pairs are covered (EURUSD, GBPUSD, EURGBP, AUDUSD, NZDUSD, USDJPY, GBPJPY, EURJPY, USDCAD) as well as EURAUD, GBPAUD, as well as BTC and Gold and Silver.

Obviously, by analyzing the respective main pairs, you could derive trades for “derivative pairs”. So for example; if AUDUSD has DM shorties and is bullish while USDJPY has DM shorties and is bullish, sometimes you can trade AUDJPY to capture that etc.
Most of the time, Djamal recommends to directly trade the input pairs however.

Gina
SME FX

Hi Gina

thanks for this. Yes, honestly I was asking more out of curiosity than anything else – I expect the other pairs aren’t shown because there isn’t enough data from retail volume possibly due to low DM participation?

Also, I noticed today that GbpUsd had one of the strongest moves of the day. When you look at the Gbp pairs as a whole, they had signal on almost every Gbp pair. I wonder if this is also a good indicator of larger moves – where the same base currency is seeing the same DM positioning across different pairs.

Hi Taha,

GU moved up because of all the shorties (red bars).
See attached.

SME FX

Admin SME wrote:

Hi Taha,

GU moved up because of all the shorties (red bars).
See attached.

SME FX

Very interesting! Thanks

Yes what I was pointing out was that there were shorties across multiple time frames and across multiple Gbp pairs, so I was thinking this is an even stronger signal than simply shorties on one Gbp pair.

This is just a theory but I’ve noticed it on several different days now in different pairs.

“Yes what I was pointing out was that there were shorties across multiple time frames and across multiple Gbp pairs, so I was thinking this is an even stronger signal than simply shorties on one Gbp pair.”

That is correct indeed.

SME FX