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The similarity system

  • #401
  • Jul 5, 2013 4:33am Jul 5, 2013 4:33am
Quoting Lirbig Nubee
In looking for LONG..................I may be WRONG ? Scalp or trend following ? Only enter when you see opportunity to. {image}
No trade. Missed the whole set up.............Waiting for NYO





YOU Got my attention on this..............

Quoting Eurusdd
{quote} nOT EVERY TIME. There are other things to check. But it depends on how the ZZ touched the line. Sometimes, you need it to strike through first!!
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May the force with Arjun
  • #402
  • Jul 5, 2013 4:42am Jul 5, 2013 4:42am
Quoting Lirbig Nubee
{quote} No trade. Missed the whole set up.............Waiting for NYO YOU Got my attention on this.............. {quote} {image}
Hi Nubee
The ema has to hit the band or go beyond even ...not just candle...
Eurusdd can correct me if I'm wrong
  • #403
  • Jul 5, 2013 4:46am Jul 5, 2013 4:46am
Quoting oconnor365
{quote} Hi Nubee The ema has to hit the band or go beyond even ...not just candle... Eurusdd can correct me if I'm wrong
You are right! The 1EMA is important.
  • #404
  • Jul 5, 2013 4:48am Jul 5, 2013 4:48am
Nubee, outer band, not the inner one!!!
  • #405
  • Jul 5, 2013 4:52am Jul 5, 2013 4:52am
Hi fellow members,

great thread Eurusdd! Is it possible to optimize the bb-stoch-method for H4-timeframe. Or if you don't like to do it, may be you can explain how you are doing it? I would like to adapt it to my trading, but i trade higher timeframes than M15... mainly H4 only...

Is it possible Eurusdd?


Regards

Chriss
  • #406
  • Jul 5, 2013 4:57am Jul 5, 2013 4:57am
Quoting chrissfx
Hi fellow members, great thread Eurusdd! Is it possible to optimize the bb-stoch-method for H4-timeframe. Or if you don't like to do it, may be you can explain how you are doing it? I would like to adapt it to my trading, but i trade higher timeframes than M15... mainly H4 only... Is it possible Eurusdd? Regards Chriss
The 15min template - modified version - is optimal for 4hr too. 92%
  • #407
  • Jul 5, 2013 5:26am Jul 5, 2013 5:26am
Quoting Eurusdd
{quote} The 15min template - modified version - is optimal for 4hr too. 92%
Thanks, i found it


Good trading...


Chriss
  • #408
  • Jul 5, 2013 6:07am Jul 5, 2013 6:07am
Ralome,

Would you mind explaining by using a real time example, as to how your indicator works, plse?

Appreciated.
Hercs
  • #409
  • Jul 5, 2013 6:52am Jul 5, 2013 6:52am
Quoting Hercs
Ralome, Would you mind explaining by using a real time example, as to how your indicator works, plse? Appreciated.
Hi Hercs,

It simply visualizes the concept outlined by Eurusdd. You have the BB on price and Stochs, and the idea is to check the position of the price/stochs in relation to the BB lines. My indy displays the difference in the position (based on percentages, 2 standard deviations = 100%). The lines 1 and 2 equal to 100%/200% difference.

Check the big spike on my picture (I know it's not real time, but past values don't repaint). At that moment, close price (=1EMA ) is below the middle line, but stochs is above the upper band line, so it's a big difference.

Hope this helps,
Ralome
Even if you fall on your face, you're still moving forward.
  • #410
  • Jul 5, 2013 6:59am Jul 5, 2013 6:59am
Quoting Eurusdd
Nubee, outer band, not the inner one!!!
GOT IT...............I donno why I CANNOT focus to Miss Eejay.... She is easy to handle. Maybe I'm sleepy.

I scalp her while waiting for NYO. Demo aacount

What time is BIG News today EST ?

Thanks
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May the force with Arjun
  • #411
  • Jul 5, 2013 7:36am Jul 5, 2013 7:36am
Nice NFP
  • #412
  • Jul 5, 2013 7:45am Jul 5, 2013 7:45am
Quoting shiva
Nice NFP
Coincidence?!
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  • #413
  • Jul 5, 2013 8:00am Jul 5, 2013 8:00am
Quoting EaglePip
{quote} Coincidence?!{image}
No, I don't think that's a coincidence. Price eventually obeyed the technicals and corrected the anomaly.
  • #414
  • Edited 8:44am Jul 5, 2013 8:31am | Edited 8:44am
Hey All,

Spotted potential trades forming up:

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Any comments will be hlelpful
  • #415
  • Jul 5, 2013 8:34am Jul 5, 2013 8:34am
SELL SOME. Any comment welcome.
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May the force with Arjun
  • #416
  • Jul 5, 2013 8:45am Jul 5, 2013 8:45am
Quoting Lirbig Nubee
SELL SOME. Any comment welcome. {image}
Cant see any difference...Maybe I'm not spotting it but stoch's and ema look the same to me..
  • #417
  • Jul 5, 2013 8:54am Jul 5, 2013 8:54am
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...on eurusd
  • #418
  • Jul 5, 2013 8:54am Jul 5, 2013 8:54am
Quoting Eurusdd
{quote} The 15min template - modified version - is optimal for 4hr too. 92%

Would it be correct to assume it would also work on every chart in between m15 and h4?
  • #419
  • Jul 5, 2013 8:58am Jul 5, 2013 8:58am
How I traded the NFP. Across-brokers-similarity.
AWESOME!!!!!

SEE THAT?
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  • #420
  • Jul 5, 2013 8:59am Jul 5, 2013 8:59am
Quoting whoareyou
{quote} would it be correct to assume it would also work on every chart in between m15 and h4?
15min = 97%
4hr = 92%
30min = 90%
5min = 95%
1min= 84%
1hr = 86%
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