About this video

• Video Title: How to Use Market CIpher B (Complete Tutorial)
• Channel: Trader Geo
• Speakers: Geo
• Duration: 01:33:06

Overview

This video provides a comprehensive tutorial on how to use the Market Cipher B indicator for trading. The speaker, Geo, explains the components of Market Cipher B, emphasizing the importance of money flow as the "holy grail" indicator. He details the order of operations for interpreting the indicator across multiple time frames, discussing strategies like "cheat sheet entries" and the significance of divergences. The tutorial also touches upon the use of a free alternative indicator and the role of "vectors" and RSI as supplementary tools.

Key takeaways

• Market Cipher B Components: The indicator comprises momentum waves, money flow (red/green line), RSIs, and the v-wop (yellow line).
• Order of Operations: The interpretation hierarchy is v-wop leading momentum waves, which lead money flow. Money flow is considered the most crucial indicator.
• Time Frame Precedence: Higher time frames take priority over lower time frames, but they work in conjunction.
• Money Flow is Key: Money flow is highlighted as the "holy grail" indicator; following the money is emphasized for profitability.
• Cheat Sheet Entries: These are identified as moments with thick money flow and a green dot below the zero line, indicating potential long opportunities.
• Divergences: Both regular and hidden divergences on various components (waves, v-wop, money flow) are important for identifying potential trend shifts.
• Free Alternative: The "Vu Manchu" indicator is suggested as a free alternative that offers similar visual representation to Market Cipher B.
• Vector Candles: Mentioned as an advanced concept to be discussed further, these are visual cues within candles that suggest potential price movements and recovery points.
• RSI Interpretation: RSIs are noted as supplementary, with split RSIs indicating a potentially unsustainable move, and together they can suggest shorts or longs.