FREE · IDX BANDAR ANALYTICS

Stop trading blind.
Read the smart money.

BM Research decodes market maker behavior across 900+ IDX stocks through broker summary forensics — accumulation, distribution, entry zones, exit pressure. No subscription. No paywall.

900+
Stocks Covered
8
Proprietary Metrics
0$
Forever Free
BMR · SAMPLE · DEWA
Price64
SMCB · Avg Cost58.4
FPLI · Floating+9.6%
EPI · Days to Exit6.8
LPM · Pressure▲ AKUM
SIGNAL ACCUMULATION TRAPPED · BULLISH MID-TERM
Why retail loses

The market isn't random. You're just watching the wrong signals.

Candlesticks, moving averages, RSI — all of these show what already happened. By the time they confirm a trend, smart money has already positioned. The edge is in reading who's actually moving the volume.

01

Buying the top

FOMO entries right as bandar finish distribution — retail becomes exit liquidity.

02

Following the crowd

Trading influencer calls without knowing who's actually accumulating or dumping.

03

Missing hidden volume

Bandar hide accumulation by splitting orders across dozens of nominee brokers.

04

Cutting late

Realizing the damage only after distribution ends and support collapses.

05

Fake breakouts

Pumps engineered to lure buyers right before the dump — classic shake-and-sell.

06

Wrong timing

Entering too early or exiting too late because the entry/exit signals were never visible.

The toolkit

Eight proprietary lenses into smart money behavior

Every metric is derived from broker summary forensics — the only public dataset where institutional footprints actually show. Each one answers a specific question retail can't normally ask.

LPM · CORE

Liquidity Pressure Model

Cumulative net V/F of classified bandar brokers, price-normalized. Rising LPM = accumulation in progress. Falling LPM = distribution. Immune to retail noise because it weighs order size, not transaction count.

SMCB

Smart Money Cost Basis

FIFO-tracked average cost of bandar holdings. When price drops below SMCB, bandar are underwater — markup pressure builds.

ATS

Adaptive Threshold System

Rolling 200-day Q3 classifier separates bandar V/F signal from market maker noise on liquid large-caps.

EPI

Exit Pressure Index

Days-to-exit based on bandar holding vs historical sell rate. High EPI = trapped long, bearish distribution unlikely near-term.

FPLI

Floating P/L Index

Bandar's current unrealized P&L position. Combined with LPM direction, reveals whether they'll defend or dump the price.

PIG

Position Integrity Gauge

Current bandar holding as % of historical peak. A 100% reading means maximum accumulation reached.

TDM

Threshold Dynamics Map

Visual overlay of daily buy V/F vs adaptive Q3 threshold — instantly shows which days bandar were active.

Workflow

From raw broker data to actionable signals

Load the encrypted intelligence file, and every metric, chart, and screener filter is computed locally in your browser. No servers, no tracking, no data leaving your machine.

1

Load intelligence file

Drop one or more encrypted E4 files exported from the BM converter pipeline.

2

Pick a stock

Search any ticker. Date filter to focus on a specific window.

3

Read the dashboard

Six charts align LPM, price, avg cost, floating P/L, position, DTE, and intensity.

4

Screen the market

Filter 900+ tickers across 9 parameters using average-lookback ranges.

Community

Built with practitioners, not marketers

Testimonial section — curated real feedback from the community will appear here.
Rather than showcase stock template quotes, this space is reserved for practitioners actually using BM Research in the field.
FAQ

Straight answers.

The most common questions about BM Research — what it is, what it isn't, and how it fits into a trading workflow.

What is BM Research?
A browser-based analytical dashboard that decodes IDX broker summary data into eight proprietary metrics (LPM, SMCB, EPI, FPLI, PIG, ATS, TDM, and signal scoring). It's an analysis tool, not a signal service.
Is BM Research a signal bot?
No. There are no push notifications, no "buy now" alerts, no automated trades. BM Research gives you the metrics and visualizations; the interpretation is yours.
Do I need to pay anything?
No. BM Research is free. The tool is the deliverable. The full analytical engine, all charts, and the screener run entirely in your browser at zero cost.
What markets are covered?
Indonesia Stock Exchange (IDX) only. The methodology depends on broker-level summary data, which is uniquely accessible on IDX through public sources.
How is this different from volume indicators?
Volume indicators aggregate all trades equally. BM Research isolates trades by order size signature — the V/F ratio — so institutional footprints become visible even when hidden across nominee brokers.
Can you guarantee profits?
No. No tool can. BM Research improves the quality of your information. Risk, position sizing, and discipline remain your responsibility.
Where does my data go?
Nowhere. The dashboard is a static web app — all processing happens in your browser, locally. No files are uploaded, no telemetry, no accounts, no tracking.
How often is the data updated?
Intelligence files are generated daily after market close using the BM converter pipeline. Each file contains a full historical window of broker summary data per ticker.
Is this suitable for beginners?
It's suitable for anyone willing to learn the framework. The metrics are not plug-and-play — reading LPM alongside EPI and floating P&L takes practice. Read the methodology primer first.
Can I contribute or report a bug?
Yes. Reach out via the community channel linked in the footer. Feedback from practitioners directly shapes the roadmap.

Stop being exit liquidity.

Read the market the way it's actually being moved — through the brokers, through the flow, through the pressure. Free. Browser-only. Yours.

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