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The similarity system

  • #921
  • Jul 9, 2013 8:24pm Jul 9, 2013 8:24pm
Quoting Thoughts
{quote} You sincerely think 67 trades is not consistent..

From what I see (from the post that I quoted) there is ONE TRADE of 27 pips
yielding a return of 41.4% on a DEMO account

ONE TRADE

Get real dude

http://www.forexfactory.com/showthread.php?t=436271
When the Joker is in the deck.. fear not and play it well
  • #922
  • Jul 9, 2013 8:26pm Jul 9, 2013 8:26pm
Quoting Thoughts
{quote} You sincerely think 67 trades is not consistent..

And while I'm here........ why don't YOU show me exactly
how you trade this "system".
Maybe I'll become a believer.

Just show me

what's so difficult about that since you have all down

right???
When the Joker is in the deck.. fear not and play it well
  • #923
  • Jul 9, 2013 8:38pm Jul 9, 2013 8:38pm
Quoting PiPtHiEf
Thanks for your reply.I understand what he pointed out on his first few posts, however, where most of my confusion relies is on the purpose of what he presented. I understand that this can simply be a complement to your current trading strategy and not a system in and on itself. Without resting merit to his findings, how much more valuable is it than a plain old moving average? And much more so in contrast with the trade explorer that he had going. In another note, I do agree that he is in his whole right to share only what he intends to share,...
Yeah, what was the point of the trade explorer when he didn't teach the entire system that he was actually trading with?

Using the similarity principles/rules, I'm not seeing particularly high probability trades because I often see how the opportunities don't pan out. Mind you, I'm really not sure if I have a decent understanding. Eurusdd never explained the logic behind the similarity principles.
  • #924
  • Jul 9, 2013 8:46pm Jul 9, 2013 8:46pm
Quoting Stinky
{quote} I'm not seeing particularly high probability trades because I often see how the opportunities don't pan out.
So what you're really seeing is.....

NOTHING AT ALL


All the Best

If, by some twist of fate, I'm proven otherwise I might think about

admitting it.
When the Joker is in the deck.. fear not and play it well
  • #925
  • Jul 9, 2013 8:54pm Jul 9, 2013 8:54pm
Quoting Slim Buffett
{quote} So what you're really seeing is..... NOTHING AT ALL
I'm definitely wondering that, hahaha
  • #926
  • Jul 9, 2013 9:22pm Jul 9, 2013 9:22pm
Quoting PiPtHiEf
I have not been able to fully grasp the idea since we jumped from concept to concept. First we trade dissimilarities and then we went as far as saying "if you have 2 lines that are the same 97% of the time, why trade them when they are not the same).

(DIS) SIMILARITY = this just a 'warning signal', something is gonna happen ... it's like, 'On your mark!'
DELAY = pullback situation, 'Get set!'
REVOLUTION = 'Go!' ... pull the trigger,Entry.

That's what i learn so far, feel free to correct me if you think i'm wrong

As we know that Eurusdd didn't give us any exact rule for Entry and sorry to say that's is pretty much have lead most of us into confusion
The very next Opposite signal on your Cycle Identifier is your SL


Quoting PiPtHiEf
please pull my head out of my ass because I am about to run out of oxygen. Cheers!
i worshipped... Momentum
  • #927
  • Jul 9, 2013 9:44pm Jul 9, 2013 9:44pm
Quoting rockrobb
{quote} please pull my head out of my ass because I am about to run out of oxygen. Cheers!
LOL !!!

I think that's a "wrap" people.

All the best

be happy.... trade well
When the Joker is in the deck.. fear not and play it well
  • #928
  • Edited 10:18pm Jul 9, 2013 10:06pm | Edited 10:18pm
Trying to understand this system better...

Looking at picture below and applying rule:

"if the 1EMA is on the outer-band and there is no ZIGZAG line, that direction is highly false( study it and if the ZZ does not appear - get ready to continue in the previous direction)."

Price should head up from here? Since there is no ZZ Line?
Attached Image (click to enlarge)
Click to Enlarge Name: usdsekm15.png Size: 38 KB



Expecting Price to head down from here??
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 36 KB
  • #929
  • Edited Jul 10, 2013 7:31pm Jul 9, 2013 11:25pm | Edited Jul 10, 2013 7:31pm
Subscribed
  • #930
  • Jul 9, 2013 11:54pm Jul 9, 2013 11:54pm
Quoting Eurusdd
{quote} There are different versions to the similarity-concept. Each one depends on the indicator you are using!!! Furthermore, most versions - ie the BB, STOCH, 1EMA - rely on at most two time-frames. Furthermore, if you are trading dis-similarities then there is NO guarantee that you will close your trade before you leave your seat. The DELAY principle is 1: similarity - processed using all time-frames 2: fractal dimension analysis 3: cross-brokers platforms 4: Time-dependent. Therefore, every...
Eurusdd also mentioned fractal dimension analysis.
Anybody I learnt about this?

Something I've reviewed:

1. http://en.wikipedia.org/wiki/Fractal_dimension
2. ftp://80.240.216.180/Transmission/%D0%A4%D0%B0%D0%B9%D0%BB%D1%8B/S&C%20on%20DVD%2011.26/VOLUMES/V21/C05/098LONG.pdf
3. http://russeca.kent.edu/SeminarTsvetkovEng.pdf
4. A measure of fractal self-similarity
http://codebase.mql4.com/6593
5. http://codebase.mql4.com/2275


Still finding the clues..
  • #931
  • Jul 10, 2013 2:31am Jul 10, 2013 2:31am
a bit late...
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-07-10-04-eurusdm1.png Size: 73 KB
  • #932
  • Jul 10, 2013 4:43am Jul 10, 2013 4:43am
when there is window open in 30/60 timeframe, or repaint is on, you can take every signal from M1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpym1.png Size: 33 KB
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #933
  • Jul 10, 2013 4:44am Jul 10, 2013 4:44am
Quoting juhanimi
when there is window open in 30/60 timeframe, or repaint is on, you can take every signal from M1 {image} {image}
Nice!
  • #934
  • Jul 10, 2013 4:49am Jul 10, 2013 4:49am
Quoting juhanimi
when there is window open in 30/60 timeframe, or repaint is on, you can take every signal from M1 {image} {image}
I guess you are using MTF cycle Identifier indicators? Any idea where to get that?
Thanks
  • #935
  • Jul 10, 2013 4:50am Jul 10, 2013 4:50am
Quoting shiva
{quote} I guess you are using MTF cycle Identifier indicators? Any idea where to get that? Thanks
no I don`t have that MTF indy, Madmoney has I believe
  • #936
  • Jul 10, 2013 4:54am Jul 10, 2013 4:54am
Quoting juhanimi
{quote} no I don`t have that MTF indy, Madmoney has I believe
Haven't finished coding it, I'm new to coding, so it takes me a long time.
  • #937
  • Jul 10, 2013 4:56am Jul 10, 2013 4:56am
Quoting juhanimi
{quote} no I don`t have that MTF indy, Madmoney has I believe
But then how are you placing two CI indicators in same chart showing for different TFs?
  • #938
  • Jul 10, 2013 4:58am Jul 10, 2013 4:58am
Quoting shiva
{quote} But then how are you placing two CI indicators in same chart showing for different TFs?
that higher is working with M5 and lower is normal settings
  • #939
  • Jul 10, 2013 4:59am Jul 10, 2013 4:59am
Quoting juhanimi
{quote} that higher is working with M5 and lower is normal settings
Cool thanks, can you share those settings for both upper and lower CI please
  • #940
  • Jul 10, 2013 5:01am Jul 10, 2013 5:01am
Write Up on Fractal Dimension Index for those interested.

http://transcripts.fxstreet.com/2005/05/fractal_dimensi.html

I think tradestation has the indicator.
Still figuring how to combine FDi with dis-sim. : )
Pivot Boss in the making~
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