Disliked{quote} No worries. If using FreeFox's indicator...... "TZ is uneven"...Ignored
Exciter135
Similarity: A Practical Approach 859 replies
Similarity Trading - The ZZBB Method 215 replies
Rainbow similarity 256 replies
Similarity Stuff 17 replies
Directional Similarity 0 replies
Disliked{quote} No worries. If using FreeFox's indicator...... "TZ is uneven"...Ignored
Disliked{quote} Hahahaha... sorry... it's an Australian term, meaning "there you go!" It's just an affirmation that... it is what it is, just like if Bob (or whatever name) is your Uncle... then... there you go, he is your uncle. Sorry... bad sense of humour!Ignored
DislikedThis is fascinating. H1 still looking for a HH above 1.28990. Does not want a H1 close below 1.28766 before target. M30 now looking for a low below 1.28814. Does not want a M30 close above 1.28843 before target. And Eurusdd tells us it needs to return to a level at 1.2857. No wonder price is hesitant. News in 30min so may get some resolution then. Spike up then down maybe? Or maybe we don't get the HH. I am currently in long and short.Ignored
Disliked{quote}sure: everything she does right now, will take her back to that number. it does not mean that the up is done! Just keep your eyes on that number so you don't get lost!Ignored
Disliked{quote} Hi Vlady1974, good day to you. Could you kindly explain a little bit more on "TZ is uneven" in your above post? Thank you so much. Exciter135Ignored
DislikedOk, since it seems to be sharing, caring day in the similarity thread and the sun has gone awol in Seville , I will elaborate a little on my post yesterday - I have also modified the strategy a little so please take note those who looked into it a little more. The red and blue arrows show TZ's with H values of anything from 1 upwards. I wait for a TZ to be taken out and then returned to but I have modified the condition for return. The bar that returns to the taken out TZ must open above and close below for a top TZ and open below and close...Ignored
Disliked{quote} If you set Freefox's indicator variable "Make both side equal" to false then you will see it. Any visible height difference in both sides is an uneven TZIgnored
Disliked{quote} Just a quick question V. You can't be referencing formed TZs only right? Should be applicable to the forming ones too..somewhat at leastIgnored
DislikedZooming out and looking at different H settings.. surely the way to trade this, is in the same direction of any newly forming transients, towards a longer term bollinger band? With the correct H setting, very rarely does a reverse happen with a single possible transient. And if it does, its often well out the extreme of a 60 min bollinger (using a 15 min chart). So (if I'm not mistaken), trading the direction of the first TZ in trend change, means high probability there will be another above it. With a low risk entry, and plenty room to the next...Ignored
DislikedOk, since it seems to be sharing, caring day in the similarity thread and the sun has gone awol in Seville , I will elaborate a little on my post yesterday - I have also modified the strategy a little so please take note those who looked into it a little more...Ignored
Disliked{quote} Hey CFD, Short answer: Yes, can be done on non-fully formed TZs as well. At present on my day platform (IGIndex) I don't have a way of distinguishing formed/not formed TZ, other than eyeballing it. This lends it a somewhat lower h value otherwise if I have 6 or over I will have to count bars manually which isn't what I want to be doing. So roughly 5-6 bars should do it. Today has been a good example day that has shown me it is possible to evaluate this in real time against a new TZ that hasn't completed its H formation. I'm on a short right...Ignored
Disliked{quote} Yep, that's it exactly! Thanks CFD! But you should try and learn to read the price action and what conditions in those bars created the zone. I've only done it properly in real time (5M and 2M) today... but it's been something I've been observed on the higher TFs... 15/30M, 1H, 4H, Daily.Ignored
Dislikedhey guys, attached is a pic of my eurusd which i shorted, at the time i placed my trade I found the dissimilarity and similarity and thus decided to short as the similarity was higher, but eruusd seems to be climbing, can anyone explain to me why? {image}Ignored
DislikedI was in a meeting and my alarm shot off at the same place I entered a short before. Got in before at 2884.9, target is Eurusdd's number at 2857Ignored
Disliked{quote} target in sight now General! Do I eliminate it or let it breathe. Waiting for your orders.Ignored