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The similarity system

  • #21
  • Edited 5:58pm Jun 26, 2013 5:44pm | Edited 5:58pm
There is a hint on the 30min/1hr combination! EURUSD
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The Blue Cycle-identifier are responsive to MA so, we should expect EURUSD to push up soon. We have to wait a little while for the 1HR bar to close or manage our entry now!

The History of the 30min/1hr combination is given below
Spot the missing points!
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IMPORTANT: The charts MUST always agree before a new trend (minor/major) begins. Therefore, if they do not agree after a certain time, the trend is expected to continue!!!
  • #22
  • Jun 26, 2013 5:52pm Jun 26, 2013 5:52pm
Am I the only retard here? Haven't been able to make a lick of sense of this yet. Or is it..........
  • #23
  • Jun 26, 2013 6:16pm Jun 26, 2013 6:16pm
Can you explain how to enter the 5x-y-4 settings? I am not seeing that when I click on the indicator properties. Thank you.
Life is too short to have anything but delusional notions about yourself.
  • #24
  • Jun 26, 2013 6:16pm Jun 26, 2013 6:16pm
Interesting system but we still need to understand it clear to test, is it possible to have template from 1M to 1H time-frames with similarity parameter set, so we all can benefit, thanks for the posting
  • #25
  • Jun 26, 2013 6:30pm Jun 26, 2013 6:30pm
Quoting Eurusdd
{quote} The default settings are 5X-Y-4 for 1min and X-Y-4 for 5min chart or X-5Y-4 for 1min and X-Y-4 for 5min. The first is responsive to moving averages and so you will not catch tops and bottoms exactly. However, it is quite good too!
Question: for cycle indicator you said price action filter to set 25 and length to 1

In post 12, you mentioned to use setting 1-6-4 and 1-3-4 for 30M and 1H
  • #26
  • Jun 26, 2013 6:49pm Jun 26, 2013 6:49pm
Ok, Let me explain this; the settings!!

if you are using the 30min/1hr template the whenever your PRICEACTIONFILTER is X for the 1hr, it must me 2X for the 30min. The same idea applies to the LENGTH!!!

if you are using the 1min/5min template the whenever your PRICEACTIONFILTER is X for the 5min, it must me 5X for the 1min. The same idea applies to the LENGTH!!!
  • #27
  • Jun 26, 2013 6:52pm Jun 26, 2013 6:52pm
Quoting forexzak
{quote} Question: for cycle indicator you said price action filter to set 25 and length to 1 In post 12, you mentioned to use setting 1-6-4 and 1-3-4 for 30M and 1H
This setting is what I am using for my 30min/1hr template!!!
  • #28
  • Jun 26, 2013 6:56pm Jun 26, 2013 6:56pm
Quoting hoss
Can you explain how to enter the 5x-y-4 settings? I am not seeing that when I click on the indicator properties. Thank you.
1min chart

PriceAcqtionFilter = 5X
Length = Y
MajorCycleLength = 4

5min chart

PriceAcqtionFilter = X
Length = Y
MajorCycleLength = 4


OR -OR -OR

1min chart

PriceAcqtionFilter = X
Length = 5Y
MajorCycleLength = 4

5min chart

PriceAcqtionFilter = X
Length = Y
MajorCycleLength = 4
  • #29
  • Jun 26, 2013 7:55pm Jun 26, 2013 7:55pm
Quoting Eurusdd
Ok, Let me explain this; the settings!! if you are using the 30min/1hr template the whenever your PRICEACTIONFILTER is X for the 1hr, it must me 2X for the 30min. The same idea applies to the LENGTH!!! if you are using the 1min/5min template the whenever your PRICEACTIONFILTER is X for the 5min, it must me 5X for the 1min. The same idea applies to the LENGTH!!!

In post 12, you mentioned to use setting 1-6-4 and 1-3-4 for 30M and 1H.

In this post you say the price action filter (where you have said in post 12 to use 1 in both time frames) should be x'd. Which is correct?
  • #30
  • Jun 26, 2013 8:02pm Jun 26, 2013 8:02pm
Quoting whoareyou
{quote} In post 12, you mentioned to use setting 1-6-4 and 1-3-4 for 30M and 1H. In this post you say the price action filter (where you have said in post 12 to use 1 in both time frames) should be x'd. Which is correct?
I understand you. the parameters 1-6-4 and 1-3-4 are for those who want to modify the Length and not the PriceActionFilter.
Notice that the 30min/1hr now agree. Compare this to the chart above.!
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  • #31
  • Jun 26, 2013 8:04pm Jun 26, 2013 8:04pm
What should x and y be on the 1 and 5 minute?
Life is too short to have anything but delusional notions about yourself.
  • #32
  • Jun 26, 2013 8:05pm Jun 26, 2013 8:05pm
or better yet, can you just tell me what my settings should be without using x and y?
Life is too short to have anything but delusional notions about yourself.
  • #33
  • Jun 26, 2013 8:08pm Jun 26, 2013 8:08pm
Quoting hoss
or better yet, can you just tell me what my settings should be without using x and y?
You can put any number there. Let x and y be any number you choose. It is better to let x=1 when y>1 and vice-versa!
Once your charts look alike, we can then focus on analyzing them. You will learn how to see high-probability trades!
  • #34
  • Jun 26, 2013 8:23pm Jun 26, 2013 8:23pm
Can anyone post something for us to see! Any similar charts?
  • #35
  • Jun 27, 2013 12:23am Jun 27, 2013 12:23am
is my chart right?

what don't you give us more detail about your system?
Attached Image (click to enlarge)
Click to Enlarge Name: cycle1.png Size: 24 KB
Never say no to PIPS
  • #36
  • Jun 27, 2013 12:27am Jun 27, 2013 12:27am
Quoting Eurusdd
Can anyone post something for us to see! Any similar charts?
Eurusdd, I'm into the thread with really big interesting... That's another approach I hadn't imagine... although it's a bit complicated till now...

What do you think?? I'm using as per your instructions... 30m (1-6-4) and H1 (1-3-4)... Alpari broker.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 30_H1.png Size: 29 KB
  • #37
  • Jun 27, 2013 3:34am Jun 27, 2013 3:34am
Quoting Eurusdd
Ok, Let me explain this; the settings!! if you are using the 30min/1hr template the whenever your PRICEACTIONFILTER is X for the 1hr, it must me 2X for the 30min. The same idea applies to the LENGTH!!! if you are using the 1min/5min template the whenever your PRICEACTIONFILTER is X for the 5min, it must me 5X for the 1min. The same idea applies to the LENGTH!!!

Keep going Eurusdd, I'm loving your view of the markets!

I will be testing and posting my results shortly.
  • #38
  • Jun 27, 2013 3:50am Jun 27, 2013 3:50am
Dear Eurusdd,

Looks promising your system.

Thanks but can you give us some idea or your trade means entry and exit point in chart.
  • #39
  • Jun 27, 2013 4:03am Jun 27, 2013 4:03am
I have ran the cycle identifier indicator in visual test mode and the signal redraws itself even several bars later, so for me it's totally bs.

Do not misunderstand me, I'm talking about the indicator, not you system, maybe you could try to illustrate the system with another more conventional indicator, just a suggestion...
Simplicity is the Ultimate Sophistication.
  • #40
  • Jun 27, 2013 4:07am Jun 27, 2013 4:07am
Quoting Eurusdd
Can anyone post something for us to see! Any similar charts?
All types of gains!
Attached Image(s) (click to enlarge)
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