Classic v2.0 released (major)
Fri, Dec 31, 2010, 05:24 PM
Post: #1
Exclamation Classic v2.0 released (major)

This is the most significant update since the inception of the project, and definitely worthy of being called "the sequel".

v2.0 introduces 2 new indicators. The first is one of the most requested features - a market monitor that continually scans market behavior and warns traders of any probabilistically unfavorable trading conditions. The second is a powerful oscillator known as the DeMarker Technical Indicator.

By default, this feature is always on. Instead of issuing signals like other indicators, it continually scans and displays market conditions right on the screen. A lot of time was spent on the Market Bias Monitor as I wanted to ensure the algorithm behind it was both smart, and adaptive to all time frames and markets.

It outputs (identifies) 3 possible conditions:

NEUTRAL/TRADABLE - refers to the safest trading conditions. Classic signals issued during this period have the highest probability of success.

OVERSOLD - warns of market conditions being oversold. Selling is not recommended.

OVERBOUGHT - warns of market conditions being overbought. Buying is not recommended.

So how do we use market bias with the other 19 integrated indicators? Simply ensure that the signals (e.g. arrows) issued by Classic conform to conditions displayed by the monitor. Therefore, long trades (buys) should be taken during neutral and oversold periods, and short (sells) during neutral and overbought. This, of course, does not guarantee every trade to be profitable, but it definitely increases the probability of success.

Below is an example of using Classic's compounded signals with the Market Bias Monitor. The first screenshot shows Classic issuing a buy signal based on the compounded input of Double MA cross, Williams %R. Parabolic SAR, Demarker, and Average Directional Index Strength filter. In the same time, MBM is indicating that the market is oversold, confirming Classic's BUY signal (LONG/BUY trades initiated during oversold conditions have a higher probability of success). Shortly after, the market, GBP/USD M5, rallies up 50 pips.


Demarker Technical Indicator is an oscillator developed by Thomas Demark for identifying high-risk buying or selling areas in a given market. It is therefore an excellent tool for detecting periods of overbought/oversold market activity (especially when used in Overbought/Oversold mode).
Below is a GBP/USD M5 setup compounding DeMarker with 2MA Cross, Williams %R, Parabolic SAR and ADX-strength. Since Demarker was developed with avoidance of high-risk conditions in mind, it works harmoniously with other trend-seeking indicators. This template is included in your v2.0 digital download package.

The following USD/JPY M1 setup demonstrates DeMarker in Overbought/Oversold mode, compounded with Stochastic Oscillator, Bollinger Bands and Average True Range. Recall, to enable OB/OS mode, ensure that Overbought_Sold_Strategy parameter is set to TRUE. UpLimit should be the value at which you would like BUY signal to be issued and DownLimit for SELL. Recommended levels for DeMarker OB/OS are 0.3 for UpLimit and 0.7 for DownLimit. You would not use these values in a normal, trend-centric mode.

The manual has been greatly revised to accommodate additions and changes accumulated over the past several versions. Please do go over it - it contains in-depth information (and examples) behind every feature of this comprehensive indicator.

TRADEBUILDER - CLASSIC EDITION VERSION 2.0 IS AVAILABLE FOR DOWNLOAD HERE (you have to be logged in with licensed forum credentials sent to you after your purchase).

With 20 integrated indicators, and over 105 features, TradeBuilder Classic now ranks as one of the most powerful, comprehensive indicators in the technical analysis arena today.

-Marko Nikolic, Toronto (Canada)
Mon, Jan 03, 2011, 11:12 AM
Post: #2
RE: Classic v2.0 released (major)
Thank you tremendously. Market Bias Monitor is exactly what I've been waiting for. It is a very effective confirmation tool for Classic's signals.

And top choice as far as oscillators go. Can't think of a better market strength detector.

You made my day, scratch that, my year.
Tue, Jan 04, 2011, 01:04 AM
Post: #3
RE: Classic v2.0 released (major)
I'm looking for a great scalping set up for the 1 min EUR/USD using the new 2.0 version. Thank you.
Tue, Jan 04, 2011, 08:20 AM
Post: #4
RE: Classic v2.0 released (major)
(Tue, Jan 04, 2011 01:04 AM)tzisman Wrote:  I'm looking for a great scalping set up for the 1 min EUR/USD using the new 2.0 version. Thank you.

Can you post it, when you find at setup. Thanks.
Thu, Jan 06, 2011, 02:41 AM
Post: #5
RE: Classic v2.0 released (major)
DeMarker rocks - especially with Bollinger Bands you already got in there. Woo hoo! Thanks for incorporating.


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