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Hi Djamal
Regarding the picture you shared, yes in hindsight it looks amazing as does anything or any trading system. but when you start trying to apply the MK to the hard right of the chart this is where it fails. Position bars and stops need to come into the MK indi before price reacts, as it is the come in at the same time, no better than a volume indi. there is no confidence to take a trade, be able to set a stop loss or react to info from the MK. The most useful it is, is to confirm a continuation, but even that is suspect because of, as you your self say, dumb money switch can happen anytime.
Ok so I’ve given you some insight as to what would help people use the MK effectively, it is completely your choice whether you do this or not, it does not effect me or the way I trade.
I completely agree that tape reading is an effective way forward, back testing is better but I understand there are limitations with the MK to enable this to happen.
You cannot however tape read high time frames. If you could provide a 5 or maximum 15 min TF then maybe this would be better. Depends how often the broker feeds update I imagine. You need to be able to see stop and position bars come into the market in real time preferably ahead of price, the algo uses time macros to change direction, it does not happen instantly when a large pool of orders are placed at a specific price point. Unless there is considerable delay from your broker feeds then there is no reason why the info is coming in so late. Think of it like a crossroads, small sections of accumulation (pauses) happen when calculations are made as to which direction holds the most Liquidity.
You seem to forget that your the one that created this so you know it inside out, your previous message reels of a load of information that will mean nothing to anyone but you because it has not been explained in detail anywhere previously. We cannot read your mind. It has to be set out logically and methodically for someone else to follow.
This is all I can say. Really hope you find away to make the improvements needed. I wish you nothing but the best.Hi Djamal
OK so If we approach the MK with the understanding that the BIS algo does two things and two things only, It moves from liquidity pool to liquidity pool and also moves to re balance Imbalances (FVG’s, gaps, volume imbalances etc) That is literally all it does. DM tolerance is actually engineered liquidity and time distortion. The algo can move price without volume behind it, but only in limited expansions and this is done within certain time macros throughout the 3 global trading sessions and is dependant on liquidity within those macros. It cannot see where individual stops are, these are held at broker level and that’s a different subject. what it searches for is liquidity in 90m cycle lookbacks. OHLC is all that is important.
Stops shown on MK are the amalgamation of different broker feeds that are complied into your INDI which is completely fine and relevant, but for it to be tradable it is vital to understand what stops are likely to be traded in the short term. There are too many variables in price to be able to place a trade towards a stop cloud on the daily for example. you SL would need to be to large to be a worthwhile trade. Blurry lines for stops and position bars are not good enough, there needs to be a scale that gives indication of volume of stops at a specific price level to make a judgment. Granted there are times when you will get a long red stop bar appear and price will trade in the opposite direction but there are just as many equal times where it does not . there is no “edge” with it. I am fully aware of Meta levels but again they do not play out in favour enough times to be consistent. I’M sorry but your live trades on the youtube channel do not show any live trades at all, simply you pointing to the MKweb and saying you’ve done this or done that. you need to show timeframes, entries, SL placement and target in real time. It will never be taken seriously until you do this. I’m sorry that is not what you want to hear.
I really want to be wrong about this and for you to show me what I’m missing! you are selling people hope and with that they will give you adoration in the hope that you reveal the secret to them to change their lives, if someone has told you they are profitable with the MK i’m afraid that is all they are doing hoping with enough praise you share a secret.
You have something here for sure but you can do much better with it. Surly you should want to do that?
I have followed your work for 4 years now and what you’ve tried to do is amazing but for it to be relevant to another person it needs to be improved.
A workable trade plan for your system should be to indicate a trade based on a 1-2 RR that will complete within the same day, an edge of 50% and that is literally all you need, overnight trades should be avoided as there is imminent risk of a black Swan event at the moment given the geo political climate.
I really hope this helps because as I keep saying this really does deserve to succeed.Hi Djamal
I appreciate the response thankyou.
it will always come down to the individual trader using their own approach to a system/model to make it their own style that will work for them. However there is no way to gain confidence in the MK web. As much as I wish there was, there are just to may variables that make it untradable. Resolution is poor, scales are not explained and at no point has anyone ever sat down and attempted a live trading session where it is clearly show what you are seeing in MK web that will enable you to risk money on a trade in real time as it happens. Doesn’t even have to be live, demo is fine. Unfortunately people need to be taken step by step (me included) not once have I ever heard a response to what defines long ,medium and short term stops and the question has been asked may times, we just have to take it at face value that it is what you say it is. I have been live trading for 12 years and I make a lot of money and mainly trade SMC. Even as a tool for definitive bias this would be invaluable but you cant even do that successfully with it. I am not posting here out of ego or trying to say this is bullshit, I imagine this is your lifes work and I would really really love this to work for other people just as much as you would I imagine. There are too many unanswered questions and the response is always ‘go thru the video course’. People cannot learn to trade by watching youtube videos. you have to backtest!! and then backtest some more!
you have spent a very large portion of time creating the MKweb and it deserves to succeed, but it will only do that if you find a way to teach it to people successfully. Telling people to go thru you videos is not the way, If it was you would be inundated with subscriptions by now.
Do some videos showing your trade selection live using data from the MKweb that is available to everyone else. Give people confidence in what they are looking at so they can evaluate their own trading decisions instead of just guessing, which is basically what we have to do now. If you can prove me wrong I would be over the moon because I really want this to succeed for you. It deserves to succeed and I mean this with upmost sincerity.Hi aj
So unfortunately it is impossible to back test as we cannot scroll back through mk history and correlate price/position bars with market price action. Don’t get me wrong in no way is this a scam and Djamal is 100% legit and I fully respect what he has created. But for a person that has not created the system/indicator and does not completely understand the inner workings of it it is impossible to trade and gain a consistent edge. I wish it was because even if you could only use it to give you a daily bias with 70/80 % accuracy it would be incredible. As it is, to make a trade play out the R-R will not be in your favour as stops have to be to large. you could hedge a position and close the negative hedge once your absolutely sure price is running for the nearest stops but you could trade any system like that. I have 12 years trading experience and it is my full time occupation. I wish there was a way to back test because there is defiantly something here but it needs to be improved, scales need to be transparently explained in detail and Djamal needs to to live trade sessions real time fully explaining what he is seeing that gives him confidence to risk money. This would give people confidence in the system they are investing their money into and this community would grow exponentially .
Hi Wesley
I’ve been following Djamal sines 2019, I have been through the video course. He is a very passionate guy and I fully believe that he makes his system work. For him.
I am a very experienced trader and fully profitable, and I trade using SMC.
Unfortunately tho it is not possible to make profitable trade decisions using the MKWeb for 99% of people purely because a system cannot be back tested. I’ve been here a long time and the same answer by given time after time. “Go thru the video course”
This is a “wish list” thread and I have stated what I feel would be the most beneficial thing to happen for this “community” to prosper.
For people to be just told you need to go thru the video course blindly is uneducated and condescending, not helpful in anyway.
I can absolutely guarantee you cannot list the trades you make here before time and show how your trade decisions are profitable using the MK web alone. Until you are able to do that then it’s best not to commentThe Biggest issue with trying to formulate a way to trade using MK is that there is no way to back test with real, correct data. In my opinion no one will ever be able to formulate a trading model with this until that happens.
Djmal built the system so know its intricacies and can make it work.
I do not believe that anyone else can be consistently profitable with this until we can back test different ideas and trading models.
If you want this platform to grow and prosper then this needs to happen.November 5, 2022 at 9:33 am in reply to: You can post free MT4 indicators here which could be of value. #42827Hi Chris
Sorry my mistake the band couloirs were set to none. Thank youNovember 4, 2022 at 4:45 pm in reply to: You can post free MT4 indicators here which could be of value. #42786Hi Chris
Thank you for your quick response. I saw that one that has been uploaded thank you, I actually mean the indicator and settings for the blue channel bands that are used on all the 4rh charts to show the range.
thank you for the settings for the nez indicator 🙂November 4, 2022 at 9:17 am in reply to: You can post free MT4 indicators here which could be of value. #42760Hi Guys I’m looking for the 4hr TMA bands indicator thats used on the 4hr charts. has it been uploaded to this thread because I can’t see it. thank you.
Just saying hi to everyone and thank you to Djamal. Really excited to be here and able to have access to all of these resources. I’ve been trading on and off for almost 10 years and never completely got it. Lost a lot of money when the SNB lifted its cap in 2015 and like everyone else spent a long painful process searching for answers etc. Luckily that led me to Djamal and his work and I’ve been studying it ever since. A true beacon of light. Thank you. Jamie
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