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The similarity system

  • #681
  • Jul 8, 2013 8:02pm Jul 8, 2013 8:02pm
Two dis-similarity being corrected right now:
EURUSD:
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USDJPY:
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I don't find a way to correct enter the trades but this system really work!
"In God we trust."
  • #682
  • Jul 8, 2013 8:41pm Jul 8, 2013 8:41pm
Looking at the trade explorer you can see there is a trend following twist to the way Eurusdd trades this demo account. Each given pair is traded in a series of buy or sell positions. May be there too few trades to come to a solid conclusion but so far is what you can judge from it.
Please pull my head out of my ass, I am running out of oxygen...
  • #683
  • Jul 8, 2013 9:08pm Jul 8, 2013 9:08pm
it works fine, thank you Eurusdd
0.1 lot demo trades
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  • #684
  • Jul 8, 2013 9:16pm Jul 8, 2013 9:16pm
Quoting juhanimi
it works fine, thank you Eurusdd 0.1 lot demo trades {image}
Whats that?
  • #685
  • Jul 8, 2013 9:31pm Jul 8, 2013 9:31pm
Quoting Madmoney
{quote} Whats that?
from post 1. just added some modification
  • #686
  • Jul 8, 2013 9:38pm Jul 8, 2013 9:38pm
Quoting juhanimi
{quote} from post 1. just added some modification
The EA is on M1 TF ? How may pips is your TP & SL ?

Thanks
-jack-
Similarity can change your life !
  • #687
  • Jul 8, 2013 9:43pm Jul 8, 2013 9:43pm
I think I get the cycle indicator part in theory, have all the indicators on the correct settings but cannot put it to practice as I still can't get the charts to align properly. I blame this on my lack to experience with MT4.

The dis-similar and entry on similar for price to reach dis-similar I understand and many thanks to the trade examples posted to help see the light.Only issue now here is the trader trading it.....I managed to screw that move up...

Not fully understand the the part on the ZZ and ema piercing the bands.This happened a number of times on the move up to correct the dis-similar and I lost many pips expecting a turn. I'm still trying to figure out where the fault in my thought process lies.

I'm still losing $$$ but at least my understanding is improving and that is a reward.

I will keep trying and would like to thank everyone continuing to sharing their examples and thoughts.
I want more brain power!
  • #688
  • Jul 8, 2013 11:26pm Jul 8, 2013 11:26pm
Quoting Eurusdd
But do not go drawing red-lines everywhere. Know the levels. Price will try to tease you a little, run away from you; but when she finds out that you are not moving - chasing her - she will stop and start to run back to you!!! That is my trading-philosophy...
100 consecutive wins is extraordinary. Do you mind saying what kind of damage 1 loss does to your account, i.e. percentage wise? What kind of risk:reward ratio? This is important for getting so many straight wins, no?
  • #689
  • Jul 9, 2013 12:31am Jul 9, 2013 12:31am
Quoting Stinky
{quote} 100 consecutive wins is extraordinary. Do you mind saying what kind of damage 1 loss does to your account, i.e. percentage wise? What kind of risk:reward ratio? This is important for getting so many straight wins, no?
I think you'll get an answer along the line of its up to your own money management. He gives the idea and it is up to you how you use it but who am I to comment....
I want more brain power!
  • #690
  • Jul 9, 2013 12:48am Jul 9, 2013 12:48am
Quoting cfdtaleong
{quote} I think you'll get an answer along the line of its up to your own money management. He gives the idea and it is up to you how you use it but who am I to comment....
I think that because we don't know everything (therefore won't be right nearly as many times), we will probably have to use a low, normal risk:reward.
  • #691
  • Jul 9, 2013 1:29am Jul 9, 2013 1:29am
Quoting Stinky
{quote} 100 consecutive wins is extraordinary. Do you mind saying what kind of damage 1 loss does to your account, i.e. percentage wise? What kind of risk:reward ratio? This is important for getting so many straight wins, no?
Attached Image
  • #692
  • Jul 9, 2013 1:38am Jul 9, 2013 1:38am
I am not your usual trader! I don't follow the norm!!!
If I did, I will be like everyone else. If we are all using the same principle, strategy, money-management ideas, you wouldn't be on this thread!!!
  • #693
  • Jul 9, 2013 1:46am Jul 9, 2013 1:46am
I want to hit 100 consecutive wins on my explorer. Then, people will be forced to re-think the forex market and forex-trading.

50:50, gambling they say???
  • #694
  • Jul 9, 2013 1:51am Jul 9, 2013 1:51am
Quoting Eurusdd
I want to hit 100 consecutive wins on my explorer. Then, people will be forced to re-think the forex market and forex-trading. 50:50, gambling they say???
Well, your pretty much half way there.

I've done 12 trades and counting..... All profit!
  • #695
  • Jul 9, 2013 1:55am Jul 9, 2013 1:55am
Quoting Madmoney
{quote} Well, your pretty much half way there. I've done 12 trades and counting..... All profit!
congratulations!!!!
  • #696
  • Jul 9, 2013 1:57am Jul 9, 2013 1:57am
1.2877?
  • #697
  • Jul 9, 2013 2:02am Jul 9, 2013 2:02am
Quoting Madmoney
{quote} Well, your pretty much half way there. I've done 12 trades and counting..... All profit!
Hi Madmoney, which template are you using?
  • #698
  • Jul 9, 2013 2:04am Jul 9, 2013 2:04am
madmoney is on fire!! He - has seen a certain light.
  • #699
  • Jul 9, 2013 2:06am Jul 9, 2013 2:06am
Quoting shiva
{quote} Hi Madmoney, which template are you using?
Just the 15M bb and stoch template, but I have paired it with my existing method.
  • #700
  • Jul 9, 2013 2:07am Jul 9, 2013 2:07am
Quoting Madmoney
{quote} Just the 15M bb and stoch template, but I have paired it with my existing method.
turbo-booster. I told you!
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