Market Makers Method: The Original MMM Algorithm, the Market Maker Cycle, and What Came After

Market Makers Method (MMM) was a trading software company founded by Nick Nechanicky that turned the market maker cycle into a scanning algorithm. As far as we know, it was the first product to take that cycle out of discretionary seminar teaching and put it into code.

Search for market makers method today and you will mostly find pirated copies of a course, a dormant Teachable page, and third-party indicators. This is the page that should have existed: what Market Makers Method was, what its software actually did, and where the idea went.

What was Market Makers Method?

Market Makers Method was a trading software company founded by Nick Nechanicky. It sold a course on the market maker cycle and, more usefully, a dashboard that scanned currency pairs for that cycle, which made it one of the first serious attempts to turn seminar notes into code.

The lineage is straightforward. The market maker cycle (accumulation, stop hunt, then the real trend) had been taught for years as a discretionary forex method, most famously in Steve Mauro's Beat the Market Maker (BTMM) course. Nick learned it in that form. MMM's contribution was defining it precisely enough that software could scan for it.

What did the MMM software actually do?

It scanned a set of currency pairs and flagged where a new cycle looked like it was forming, so the trader was not reading forty charts by hand at the London open.

The course behind it taught the same building blocks as BTMM: market maker cycles, session timing and stop hunts, the standard moving averages, and an oscillator for confirmation. The software took those rules and put them on one screen.

That was the real step forward. The cycle is fractal and repeats across liquid markets, and no human watches that many charts at once. Once the pattern became a rule a computer could evaluate, the question stopped being who read the chart best at 3 am and became who is scanning everything, all the time.

What MMM got right, and what it lacked

Right: the premise. Prices are quoted by market makers, resting stops cluster around levels everyone can see, and the trend that follows the hunt is the part most traders actually want to be in. That is a reasonable read of how liquidity works, and it is why the cycle keeps getting taught decades later.

Lacking: three things, and only two of them were fixable with better code.

Scope. MMM was forex only, a few dozen pairs. If you believe the premise, the behaviour is not limited to forex.

A second filter. The original logic fired on every new cycle, including the ones where the previous trend was being reset rather than reversed. There was no rule to separate the two, so the trader had to do it by eye, under time pressure, at a session open.

Measurement. Like most trading education of its era, MMM was sold on testimonials rather than an auditable record. That criticism is fair, and it applies just as much to anything sold today. No pattern, signal, or piece of software predicts the future, and a marketed win rate is a number you usually cannot check.

What Nick Nechanicky built after MMM

Between MMM and TrendTrader, Nick ran two other companies that turned out to be the real education.

Tradiso was a forex brokerage. Running one gives you a firsthand look at how a price reaches a retail trader: feeds, spreads, A-book versus B-book handling, and what liquidity providers pay attention to once a trend gets going.

DexToro was a crypto exchange, which meant working directly with crypto market-making firms. When an exchange lists a token, those firms put their proposals in writing and describe how they intend to handle it.

That is where the idea for a second filter came from: a condition for telling a genuinely new cycle apart from a reset of the old one. It came from sitting on the institutional side of the table, not from staring harder at a chart.

How TrendTrader works today

TrendTrader is a subscription tool that publishes daily directional trend-following signals across forex, crypto, indices, commodities, and equities. Every instrument sits in one of two states at all times: Buy or Sell.

The number beside the label is the day count. Buy 3 means the Buy direction was established three trading days ago and still stands. The event traders watch for is the flip, the day a Sell becomes a Buy or a Buy becomes a Sell, because that marks day one of a new direction. The intended use is plain: enter on the flip, hold while the count climbs, step aside when it flips back.

There are two tiers. Core covers the daily signals. Pro adds intraday, which is not built yet and is listed as coming soon, so treat it as a roadmap item rather than something you can trade this week. Details sit on the pricing page.

An AI layer is in active development, and it is worth being precise about it. The Buy and Sell signal comes from the proprietary rules-based engine. The AI does not generate it. The AI produces a separate technical read and a separate fundamental read for each asset, and when both agree with the engine's direction, that signal is flagged as the highest-conviction setup. Highest conviction describes the method, independent reads lining up, not a promised outcome.

One boundary worth stating plainly: TrendTrader does not plot, detect, or trade market maker cycles for you. The cycle is a manual chart-reading concept you apply yourself. TrendTrader is a separate automated directional signal that tells you which way an instrument is currently trending and how long that direction has held.

No performance promise comes attached, from us or from anyone selling you a method. Past behaviour does not guarantee future results, and a tool that tracks direction is a decision aid, not a forecast.

This article is educational and not financial advice. Trading carries a real risk of loss. Do your own research and speak to a licensed advisor before you put money at risk. The full disclaimer is here.

Related reading

• The market maker cycle explained: how markets actually move
• Beat the Market Maker (BTMM) strategy explained
• The market maker trend: why the real trend only starts after the stop hunt
• What is TrendTrader Pro?

FAQ

Is Market Makers Method still available?

The original MMM course material is no longer sold by its founder. Copies circulating on course-resale sites are unauthorized and out of date, and the software they reference is not being maintained.

Is Market Makers Method the same as Beat the Market Maker?

No. BTMM is Steve Mauro's discretionary course on the market maker cycle. MMM was a separate company and software product built on the same cycle. The initials were also used informally as shorthand for Mauro's material before the company existed, which is why search results mix the two.

Who founded Market Makers Method?

Nick Nechanicky founded Market Makers Method. He went on to found the forex brokerage Tradiso and the crypto exchange DexToro before building TrendTrader.

Is TrendTrader just MMM rebranded?

No. Different company, different product. MMM sold a course and a forex-only cycle scanner. TrendTrader is a rules-based directional trend-following service across forex, crypto, indices, commodities, and equities, with Buy and Sell states, a day count, and an AI confirmation layer still in development.

What did the MMM dashboard do?

It scanned a set of currency pairs and flagged where a new market maker cycle appeared to be forming, replacing manual chart-reading at session opens.