Disliked{quote}Proposition 1 seems in conflict with the example setup (http://www.forexfactory.com/showthread.php?p=7681717#post7681717) EURUSDD showed us, where he clearly stated k is the height of the transient zone.Ignored
k
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Disliked{quote}Proposition 1 seems in conflict with the example setup (http://www.forexfactory.com/showthread.php?p=7681717#post7681717) EURUSDD showed us, where he clearly stated k is the height of the transient zone.Ignored
Disliked{quote} Hi, if I understand this, you calculate k based on the width of true transient zones. While that is perfectly fine, and also my indicator does that, this is exactly what Rahim says that is not correct, and he is right. k from Proposition 1 is linked with the recurrent interval (it is half of its width), not the transient one. What I (and I believe you do the same) call k in my indicator is a useful quantity, but is just bad nomenclature to call it k. I am equally guilty of this. kIgnored
DislikedAnother thing, Bonus points to anyone that can figure out what the channel setting is. That isn't supposed to be there, sorry.Ignored
Disliked{quote} Hi, if I understand this, you calculate k based on the width of true transient zones. While that is perfectly fine, and also my indicator does that, this is exactly what Rahim says that is not correct, and he is right. k from Proposition 1 is linked with the recurrent interval (it is half of its width), not the transient one. What I (and I believe you do the same) call k in my indicator is a useful quantity, but is just bad nomenclature to call it k. I am equally guilty of this. kIgnored
Disliked{quote} Key kprsa, I calculated a value of k based upon the confirmed transient zones (I tried to do this as empirically as possible, I could have simply tried different k values to to see how it looked visually), but I then applied k to the potential zones (i.e. everything on the left). Of course, as price moves through time, it all looks transient at first. Yes, I think JuriFX actually was the first to mention the EURUSDD k post. As for your last point, I have grappled with the implications of k for a while. I think your indy does a fantastic...Ignored
Disliked...Disliked. please do not misunderstand what I have just said. Do your due diligence, and don't take what I have just discussed as a means to make instant money. It is meant to facilitate a process of discovery. quote] Ok assuming I understood you right, then using your indicator and referring to these "sample" figures you used. 1)When I see a salmon box that box I'm looking at has less than 10% chance to become transient so I'm expecting ~90% probability that the "Painting" blue box is going to disappear? Or does the blue box onlyIgnoredIgnored
Disliked{quote} That is a cool looking chart! Dynamic h, is an interesting idea. Almost a way to test how symmetrical price is. Hey, also thanks for your coding as well. I recently discovered your breakout indy and have been experimenting with it heavily. Cheers.Ignored
Disliked{quote} The power is in the idea presented by EURUSDD - no need to limit potential to what has been so generously shared here.Ignored
Disliked{quote}{quote} The blue box will disappear as price "eats it up" prior to h bars in the future. If you have a solid method for entry and understand the underlying dynamic of the chart you are trading, then in theory you could target the blue boxes as well. however, in my opinion this is just a form to trend trading. UNLESS, you get a mid bar transient, that is a different story. *edit* Actually, apply that to however you trade transients. I believe you need a solid understanding of price action, etc.Ignored
Disliked{quote} My mind is so much blown by this already that i really fear the day we get the Proposition 2. kIgnored
DislikedOK, since the topic of k is being discussed, I think it timely to give further description of how and why I coded my indy the way I did. My original idea was to not only discover the best value for h, but also for k. My vision of k is the same as Rahimseven's. Good for him to pick that out from EURUSD's comments, when it would be easy to overlook it as a typo. Below you will see two screenshots. In the first, I have attached my indicator to a 5 minute chart. You will notice that for lookback bars I have entered a very large number, this forces the...Ignored
Disliked{quote} Sorry for disturbing this thread. I see good ideas but nothing new. I think supply and demand indicators do the same as described here. btw . . . An interesting thread, one of the betters!Ignored
Disliked{quote} Sorry for disturbing this thread. I see good ideas but nothing new. I think supply and demand indicators do the same as described here. btw . . . An interesting thread, one of the betters!Ignored
Disliked{quote} You are completely correct. A similar concept as what was discussed by mightyone on kreslik forum years ago.. he called them zero lines (where profits or losses are zeroed).. or stop pops as on elite forum.. Zoom out as far as you can go on a 5 min chart and you'll see the same pattern time and time again. An area of supply is "popped" and a high percentage of the time is returned to. Similar to gaps in stocks, hunting for volume. The beauty of what EURUSDD has presented here, originally, is the probability of such events happening and systems...Ignored
Disliked{quote} You are completely correct. A similar concept as what was discussed by mightyone on kreslik forum years ago.. he called them zero lines (where profits or losses are zeroed).. or stop pops as on elite forum.. Zoom out as far as you can go on a 5 min chart and you'll see the same pattern time and time again. An area of supply is "popped" and a high percentage of the time is returned to. Similar to gaps in stocks, hunting for volume. The beauty of what EURUSDD has presented here, originally, is the probability of such events happening and systems...Ignored
DislikedAll of this has been shared. This may make it plain for some as to one way to use the gem dropped by Eurusdd. I share a gem, you share a gem {image}Ignored
Disliked{quote} Great job! Thanks for the clarification. As for the next version of the RS indicator, i will define the width of the true tz in the Comment (and write what it is) with a different letter m to avoid further nomenclature confusion. Cheers, kIgnored
Disliked{quote} Great posts Rahimseven, However caution must be exercised with that as sometimes there are these rare events. Yes they are rare but could be enough to blow someone's account if their money management is not correct and they have certain expectations. Just a word of caution. Not saying that it cannot be overcome. {image}Ignored