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The similarity system

  • #121
  • Jun 29, 2013 12:38pm Jun 29, 2013 12:38pm
Quoting Madmoney
{quote} How long have you ben trading live with this?
Demo-trading since 2003, Live trading since 2004. I am comfortable in that respect and so, I am here to share the idea freely. But every interested person will have to tweet it to suit his/her own ......
  • #122
  • Jun 29, 2013 12:42pm Jun 29, 2013 12:42pm
Quoting winterfell
{quote} and another question: when is the exact time for a spike up/down (on CI) occurs? do i have to wait every 30min or 1hr every time a candle close? or there is another way to know it please enlighten me ps:sorry for bad english
You cannot predict the exact time from your setting, since you are using the PriceActionFilter which is subject to the value of the MA. If you want to know the exact time for the spike to occur, you must use Length instead and set PriceActionFilter to 1.
Remember, you are not supposed to predict the spike. You must only trade dis-similarities!!! This system, does not predict when or where the spike will occur. It works on the fact the both charts must agree and so when they do not, there is a problem!!!
  • #123
  • Jun 29, 2013 12:44pm Jun 29, 2013 12:44pm
Quoting Eurusdd
Notice that we spotted a difference for the first time at A, price went up and we got similarity for the first time at B. Price that went back to the level of A!!!!!{image}
Hi

Could you post your template for us to test?
Pivot Boss in the making~
  • #124
  • Jun 29, 2013 12:48pm Jun 29, 2013 12:48pm
What are the parameters of the stochastics in post 107?
8-3-3? 14-3-3? 5-3-3? Something else?
  • #125
  • Jun 29, 2013 12:48pm Jun 29, 2013 12:48pm
Quoting jurn_e
{quote} Hi Could you post your template for us to test?
for the 1MONTH CHART. PLEASE TEST IT and post your chart here, quick so I can check before I sign out! Thanks.
Attached File(s)
File Type: tpl template_name.tpl   8 KB | 3,943 downloads
  • #126
  • Jun 29, 2013 12:51pm Jun 29, 2013 12:51pm
Quoting billbss
What are the parameters of the stochastics in post 107? 8-3-3? 14-3-3? 5-3-3? Something else?
I just posted the template for the 1month chart!!!
  • #127
  • Jun 29, 2013 1:10pm Jun 29, 2013 1:10pm
Hi Eurusdd

many thx for sharing the template. am i right to say that the area highlighted in blue is a difference..and we shld expect price to rise up violently in the near future?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
  • #128
  • Jun 29, 2013 1:22pm Jun 29, 2013 1:22pm
Quoting ecneralc
Hi Eurusdd many thx for sharing the template. am i right to say that the area highlighted in blue is a difference..and we shld expect price to rise up violently in the near future? {image}
My dear, there is one mistake. This template is OPTIMIZED for the 1MONTH chart!!!! you are using 1HOUR. The similarity-probability is 10% effective in this case! However, since we now have similarity at the bottom, don't be surprised when she races back up there.

Keep your eyes on that top level and watch the similarity at the bottom.
I suspect that when she hits the LOW, she will start to race up there!!! There is no major difference on the 1MONTH chart though.
  • #129
  • Jun 29, 2013 1:24pm Jun 29, 2013 1:24pm
Quoting Eurusdd
{quote} My dear, there is one mistake. This template is OPTIMIZED for the 1MONTH chart!!!! you are using 1HOUR. The similarity-probability is 10% effective in this case!
thx for clarifying Eurusdd
  • #130
  • Edited 2:42pm Jun 29, 2013 2:39pm | Edited 2:42pm
Quoting Eurusdd
{quote} You cannot predict the exact time from your setting, since you are using the PriceActionFilter which is subject to the value of the MA. If you want to know the exact time for the spike to occur, you must use Length instead and set PriceActionFilter to 1. Remember, you are not supposed to predict the spike. You must only trade dis-similarities!!! This system, does not predict when or where the spike will occur. It works on the fact the both charts must agree and so when they do not, there is a problem!!!
ok. i add second CI at my chart using Length setting.

at pic below im trying to find some entry and exit point.
what do you think eurusdd?
am i using the CI the way you using it or im using it in different way?
many thanks for replying
Attached Image (click to enlarge)
Click to Enlarge Name: testing entry exit.png Size: 115 KB
  • #131
  • Jun 29, 2013 3:46pm Jun 29, 2013 3:46pm
hello everybody
thank you eur for this thread! very interesting! does anybody knows good settings für the cycle indicator from the first post for 1min/5min timeframes?
thank you, green pips to all!
mex
  • #132
  • Jun 29, 2013 4:57pm Jun 29, 2013 4:57pm
Quoting Eurusdd
{quote} for the 1MONTH CHART. PLEASE TEST IT and post your chart here, quick so I can check before I sign out! Thanks. {file}
Eurusdd, thanks for the .tpl

Some tests from me...

What will be your comments??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 49 KB
Click to Enlarge Name: USDCHF.png Size: 49 KB
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  • #133
  • Jun 29, 2013 5:21pm Jun 29, 2013 5:21pm
Attached Image (click to enlarge)
Click to Enlarge Name: eee.PNG Size: 75 KB
This one has already been corrected. Similarity started at X and price fell the A!!
  • #134
  • Jun 29, 2013 5:23pm Jun 29, 2013 5:23pm
tHIS one too has been corrected in a way. Similarity started at X and Price rose up to A!!!
Attached Image (click to enlarge)
Click to Enlarge Name: JJJ.PNG Size: 74 KB
  • #135
  • Jun 29, 2013 5:25pm Jun 29, 2013 5:25pm
This ONE is still VALID!!! But since it is a monthly chart, you will have to be very patient looking for the first similarity!!! When it occurs, price may drop fast to A or slide gradually to A. Normally the movement is fast!
Attached Image (click to enlarge)
Click to Enlarge Name: CCC.PNG Size: 69 KB
  • #136
  • Jun 29, 2013 5:29pm Jun 29, 2013 5:29pm
In this particular example, notice the correction earlier on!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: ee.PNG Size: 82 KB
  • #137
  • Jun 29, 2013 5:36pm Jun 29, 2013 5:36pm
Quoting mex2000
hello everybody thank you eur for this thread! very interesting! does anybody knows good settings für the cycle indicator from the first post for 1min/5min timeframes? thank you, green pips to all! mex
Use 5X-1-4 for the 1min chart and X-1-4 for the 5min chart

OR

Use 1-5X-4 for the 1min chart and 1-X-4 for the 5min chart

where X is any positive integer you choose.
  • #138
  • Jun 29, 2013 5:39pm Jun 29, 2013 5:39pm
Admin, is there a maximum number of attachments a thread should have? I think that is a good thing to know!
  • #139
  • Jun 30, 2013 3:23am Jun 30, 2013 3:23am
thank you eur! other question: if you trade 1/5 min, how many signals do you have, when you are trading let's say 4hrs per day? thats what i do, i have 4hrs per day to trade, how many signals can i expect?
thanks a lot!
mex
  • #140
  • Jun 30, 2013 7:12am Jun 30, 2013 7:12am
Quoting mex2000
thank you eur! other question: if you trade 1/5 min, how many signals do you have, when you are trading let's say 4hrs per day? thats what i do, i have 4hrs per day to trade, how many signals can i expect? thanks a lot! mex
If you are using the CI-method please note that you are not supposed to predict when/where a spike on the CI will occur. You job is to trade difference. For 1min/5min, that can happen 3 times per day. I cannot say - the exact period. When a difference happens, it will exists until a similarity occurs. Sometimes, it can disappear quickly.
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