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[drayzen]

Cobru-24 wrote:

Looking to do the same in gold. Noticed a switch from short to long positions + 4h reversal + OTS + MTS

Yeah, I was thinking about those also. The Stops accumulation around 2265 with OST nearby might be a possibility, though I’m not sure it could go lower without some strong negative (real positive) news.
Having said that, there’s plenty of Stops above the price for it to feed on..

[drayzen]

Convenient timing for this thread to surface, as I’m certainly finding it difficult to execute recently.
I’ve been trading for many years so have a good understanding of how everything generally works and the do’s and dont’s to survive and have a healthy relationship with risk. xD
Been subscribed to MK for around 3 months.
I’ve mostly restricted myself to only EURUSD while learning to trade with this info, which I think is sensible practice when learning.
I had some good trades early on with clear MTS setups, which easily covered my subscription costs, though my goal is to scale up far more than just that.
With the sharp swings from data releases I’ve found it not possible to implement on EURUSD over recent days, which I see relates to this timing discussion.

From what I can see the MK data is delayed from the market by somewhere from 1hr to 2hrs, though I’ve not been able to determine exactly what this delay is.
Admin, can you define exactly what the delay period is?
Given this, it seems to me that while we have data displayed on M30 and H1 charts, perhaps we probably shouldn’t be focusing our attention there too much as we’re looking at the past and perhaps it’s more sensible to look at the H4 / D1 for setup ideas where this delay becomes insignificant.

Related to that, I’m finding that my ability to apply this discretionary method is very uncertain as there’s so much in the charts that I have unanswered questions for.
While I’ve watched as many of the videos I could find related to learning, these questions remain, some with only partial answers and me really wanting explicit detail.
I think the way to resolve this would be a documentation page as this will make it far easier to gain a truly thorough understanding of all of the MK chart elements vs. trying to pick out pieces across many many videos.
I will write an email with proposals for this and hopefully it will be agreed to..

Djamal / Admin,
I will soon write you an email where I would like to discuss some details of the system and changes I can see that would help make implementation easier for subscribers.
Hopefully it gets to you after previous ones going missing..
I sent an email about some strange Forum posts recently, though received no response.
Given the technical issues with emails perhaps it would be good practice to reply to all emails even if it’s just a simple “thanks”.

[drayzen]

I’ve seen the same.
Most charts seem to be active again, though the lower line charts are not updating.
Is this as expected?

[drayzen]

Admin SME wrote:

Drayzen,

we did not receive any Emails from you. We also checked the SPAM folder.
Did you use “[email protected]”?
Please re-send and make sure you get no bounce-back.

Feedback is essential for us, we always listen to it and in the past we adjusted various things based on it, this even regarding the charts.
Yes, by all means, ALWAYS report any issues if you encounter them.

All the best,
SME FX

ok, that’s good to hear as coming here I was hoping to find good communication and a community, though so far it’s not been a positive experience.
Perhaps others are also having the same experience as I have..
I had sent email replies, as per the attached image, to the email you sent me, so I expect the address to be correct.
I have just sent another you can see there with only “Test reply” in the message body.

I also recently made a post in the “MK” Forum Topic, though it gave a notification “Pending Moderator Approval”, did you see it?
I will understand if you prefer not to have that content in the Forum, though I believe it to be relevant and have similar things I’d like to be able to discuss with you, so I think email will be best if you can get it working.

[drayzen]

Admin SME wrote:

No,

sometimes there are interruptions in the data stream, it happens every few weeks or so.
But normally we can fix these within a few hours.

Since when are you a member, Dayzen?

All the best,
SME FX

Just started second month.
Though I’ve been trading my whole adult life and used to work in IT, so try to report issues when I see them.
Though given the way my emails have been ignored I now have learnt that you don’t want user feedback.
That’s ok. Disappointing, though at least I know now.. 👍

[drayzen]

Interesting there was this DM flip-flop through the same period on EU and GU.
Could it be that your data provider is playing games also..?

[drayzen]

Thanks for sharing.
Having recently re-discovered your service, coming to the website it does appear to lack focus with so many ‘Comin Soon’ items.
I think it’s generally better to put concepts out for discussion, such as in this Forum, then go live once ready.
The current appearance gives a scattered appearance, while there are already areas such as the Pricing page that could well do with better explanations, as I posted about elsewhere.

This confirmed one niggling question I’ve had for a while, that I’m better off not using TP/SL when placing large trades.
I have often wondered how different the market would be if nobody used TP/SL.. 🤔
Do you know if using “stealth” utilities such as this would work, or can the brokers still just read the data off their server?
https://www.fxbluelabs.com/stealth-orders

Also curious which broker you trust to hold such a Balance and not run off with it.. 😄

[drayzen]

Matthew Shellard wrote:

Example of my charts during the ECB rates today:

Thanks for your help.
Would you mind discussing the details of this setup you’re showing?
Maybe better to post in the ‘Indicators’ forum..

Indicators

Understand if you prefer not to post here as to not cause conflict (@drayzen Telegram / @drayzen_au Twitter)
cheers

[drayzen]

Admin SME wrote:

Hi Drayzen,

you should have used the “free trial week” (see youtube video), then you would have seen yourself how the MK web looks.

The MK web shows you all the charts, of the different markets and time frames. Many people trade off these charts.

Since the charts “auto update” every few seconds, you can of course trade the H4 or DC with these. As you will see, the market causality unfolds over hours most of the time.

The MK blog also shows you Djamal´s live analysis.

We do not sell EAs or indicators.

Each chart / indicator needs a multitude of complex data streams, so it would not make sense to sell the indicators.

Our technology was developed over years and is proprietary. It is impossible to “mimic” the market causality with conventional indicators.

Yes, the website is currently going through some updates. For example, Djamal decided to not continue the “FX Watch” etc.

All the best,
SME FX

Hi Admin,
Thanks for responding.
Still a little disappointing that my contact form inquiry was never responded to if there are admin staff such as yourself, or are you only a Forum moderator?
Anyways, as I said the cost of the service was not my concern, it was that there’s no clear information on the website about exactly what is provided with a subscription.
I know there are a lot of YouTube videos, though some clear wording about inclusions on the Pricing page would have been helpful.
e.g. It’s still unclear to me whether the ‘Blog’ subscription includes access to MK Web or is only the Blog (which now after subscribing to ‘Individual’ I find I don’t have access to) and what information is in there that I would want to subscribe for.

Having now looked at the data I’ve got some ideas for improvements which I’ll post elsewhere..

[drayzen]

Matthew Shellard wrote:

Hey Drayzen,

I’ll take a crack at answering your questions, but please note, I am not a MK Web subscriber as I have developed my own strategies based off of Djamal’s theories.

What is the difference between the Individual and Corporate subscriptions?
– I believe the only difference is the entity type that you will be signing up as. If you are a retail trader, trading in your own capacity, then you will fit an Individual subscription. However, if you are signing up with a corporate identity, i.e., you have wrapped you trading accounts into a business entity, or you are part of a team of traders, then you would signed up under a Corporate subscription. From my understanding, both subscriptions are to the same web feed, the only difference being price point. It seems like this is based on honesty, with Corporate subscribers being asked to do the correct thing and not sign up under an Individual subscription portal.
Why would you then offer an “SM” subscription..? Seems weird.
– I believe Djamal is trying to even the trading playing field by allowing retain traders access to the technology that he has developed. He isn’t providing his complete strategy, thus not giving away his edge and affecting his alpha, but allowing traders to view the underlying market dynamics and retail flow.
Can anyone confirm what the data being presented actually is?
– Yes and no, as this is part of the secret sauce. I can confirm that it is not CoT data (although this is one of the starting points for those on their smart-money journeys, and easily accessible), nor is it based on tick volume/market profile. The data presented is unrelated to price movements, and represents actual participants in the market.
Given how this data is presented, I’d expect to have some more understanding provided than just “trust me bro” it works.
– Pretty much is “trust me bro”, but seeing is believing, and there is a lot of video “evidence” on his YouTube channels and ForexFactory thread. I used these as a starting point for figuring out the system, and creating my own trading style based on the flow.
I’ve seen it said that it’s not order book data. So if it’s not that, and it’s not any of the above I mentioned, then what?
– I am not certain about the option strikes that may be shown (maybe someone else can chime in?). There is orderbook data that is shown, but it is not depth of market. Think of it more as a lower frequency trading.
Do I get an indicator I can use for an EA to reference for automated trading?
– You do not get indicators, per say, you get access to a web interface of live chart screenshots with all of the proprietary indicators shown. There are a few videos that show what the interface looks like – I am not a subscriber, so cannot give an overview.

In ending, the data works and exposes the true market dynamics, but may not work according to an individual’s trading style. Some people trade towards the stop-losses, others wait for the stop-losses to be cleared and trade the retracement, others may not be concerned with those and only trade in the direction of the flow – it all comes down to fitting this now information into your existing trading plan as an added layer of confidence.

Hope that answers some of your questions!

Hi Matthew,
Thank you for at least attempting to answer my questions.
Honestly really disappointing that I’ve not received any response at all to my contact form inquiry after so long. All I can assume is they don’t like my questions so ignored me completely..
Not a great look.

Where you talk about viewing MK Web, you said it’s actually only screenshots.
Is that correct, it’s only screenshots and not live charts?
Not sure how you could possibly achieve any real trade accuracy in the 1h / 4h time frames commonly shown in examples without live charts..

I prefer to trade Daily / Weekly time frames, so wondering if this date is of any use for me..?

Given the addition of Options Strike targets, it’s got me thinking it’s perhaps Options / Futures data giving the insights.

I actually don’t mind signing up to give it a try without knowing exactly how it works if it is actually some clever display of unique market data not shown elsewhere.
Though I’m not aware of any publically inaccessible data other than order books.
So if it is referencing public domain data, then just be open and say so. If there’s been solid work put in to display it in a useful way then I have no problem paying someone for their efforts in doing that.
It’s the international ambiguity that makes me suspicious that it’s just the same few indicators I’ve mentioned being bundled together and displayed slightly differently.
The only one I didn’t mention that looks similar to Currency Strength inductors. The original work for which as far as I’m aware was this author.
https://www.mql5.com/en/articles/1472

The minimum I do want to know is exactly what is included, which I think is perfectly reasonable to ask, though I can’t even get a response to that..
I really don’t know why such a complex website has
been made for this, that appears to be trying to cover a multitude of various topics, mostly in a “Coming” state when not even basic communication can be managed..

[drayzen]

I sent a message via the contact form with some pre-signup questions, though have not received a response.
I see only mentions of MK Web.
If I sign up to the Individual subscription do I also get it in Indicator form?
This is what I would much prefer to have.

Can anyone answer these questions for me as it appears that I’m not going to receive a response to my contact form inquiry.
– What is the difference between the Individual and Corporate subscriptions?
I’m curious who the intended audience is for the Corporate subscription, given the whole premise of this data / system is supposedly to combat the SM..
Why would you then offer an “SM” subscription..? Seems weird.
– There is a lot of ambiguity around the data being presented.
I see many similarities to Market Profile / Tick Volume indicators, and also CoT data.
Can anyone confirm what the data being presented actually is?
Anyone that has used the above mentions, can you confirm this data to be unrelated..

Given how this data is presented, I’d expect to have some more understanding provided than just “trust me bro” it works.
Otherwise, how am I to know this is actually any different to all of the other ICT’s etc. with their faked results..?

I’ve seen it said that it’s not order book data. So if it’s not that, and it’s not any of the above I mentioned, then what?
Options / Futures data..?
I know that I would also find it beneficial when it comes to applying it to know what it is I’m actually referencing to make my trade decisions.
Perhaps it’s a clever combination of all the above..
If that’s it, then great, well done.
Though you can’t expect me to sign up for a “black box” with no understanding of what data I’ll receive or how I’ll be able to access / apply it.
e.g. Do I get an indicator I can use for an EA to reference for automated trading?

thx

[drayzen]

I find it highly unlikely that there is any price manipulation, given that unlike MTx, the cTrader infrastructure is operated by Spotware.
While MTx servers are run by brokers directly, so they have direct control to pull whatever tricks they like with network and price tampering.
https://www.spotware.com/products/brokers/server
I’m waiting for an email reply before signing up, though due to this I’m hoping that if there is not already cTrader indicators for MK, that they will be provided.

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