My name is Martin... Martin Gale
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
DislikedWith regard to the stochastic value indicator part of Eurusdd's system, it can be a bit mind boggling to be watching the figures for hours waiting for a discrepancy in the values to appear..( I was watching 15 min/ 1 hr ). It would be fantastic to have an alert that would sound once they went out of synch...any ideas on that one? TIgnored
Disliked{quote} I have written the engine for the stoch value indicator as described in eurusdd's other thread. After studying some of his charts, I have a signaling method which, after real-time running on a 5min chart for about 12-hours, looks quite good. From my interpretation, which is I'm sure about 10% of eurusdd's full trading method... since stochastic oscillates from 0-100 and zigzag should move to the new low-high with stochastics, I have used the logic that if stochastics reaches 50, but price does not reach 50% of the last zigzag leg, the counter...Ignored
Disliked{quote} Each of the pairs that I trade have different parameters, due to their different volatility behaviour. Spend some time tuning the pairs you trade until they are >90% similar.Ignored
Disliked{quote} There was no dis-similarity. Here's an example (a trade I took). The bottom CI represents the 5M chart. {image}Ignored
Disliked{quote} Please help on this Madmoney....I'm trying to state what was your thought process when you took and closed the trades based on the CI please let me know if I'm right or wrong. 1)You started with similarity first with both CI pointing up, dis-similarity appeared shortly with a down pointing 1M CI. 2)Nothing else painted on the 5M CI and you got you confirmation when the upwards pointing CI painted on the 1M and sold. 3)You held the trade expecting a downward trend to continue which can only turn when the next similarity occurred. 4)Similarity...Ignored