The similarity system | Page 56 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Similarity: A Practical Approach 859 replies

Similarity Trading - The ZZBB Method 215 replies

Rainbow similarity 256 replies

Similarity Stuff 17 replies

Directional Similarity 0 replies

Attachments: The similarity system
Exit Attachments

The similarity system

  • #1,101
  • Jul 10, 2013 10:56pm Jul 10, 2013 10:56pm
Quoting easy123
{quote} bomi, how come your charts are looking like this? what indicator puts are u using to get the window two at the bottom of the real chart?
Hi all, a little newbie here but finally i joined. Really like the idea of finding dissimilarity in markets. Found it a little bit like divergence with other indicators. Thanks for sharing that.

I am not Bomi but i put the template given by Eurusdd on his thread at post #191 and have the same look.
.
If i do not make an error, i understood this is a dissimilarity so i mark the price because it will come back here later, after similarity establishes again.
  • #1,102
  • Jul 10, 2013 11:05pm Jul 10, 2013 11:05pm
Quoting whaka
{quote} What level are you selling to
Lol. I said i am out of my longs. I didnt say i sold.
Pivot Boss in the making~
  • #1,103
  • Jul 10, 2013 11:05pm Jul 10, 2013 11:05pm
Madmoney
that is my chart
setting are 1-10-4 for 1 min and 1-2-4 for 5 mins


like i said this morning, small time frame's signal always less than the bigger time frame,
Attached Image (click to enlarge)
Click to Enlarge Name: pic1.png Size: 23 KB
Never say no to PIPS
  • #1,104
  • Jul 10, 2013 11:10pm Jul 10, 2013 11:10pm
Quoting lazyegg
Madmoney that is my chart setting are 1-10-4 for 1 min and 1-2-4 for 5 mins like i said this morning, small time frame's signal always less than the bigger time frame, {image}
Ok the lowest length number that should be used is the default length (3), in my opinion.

Use bigger numbers until your cycle looks similar >90% of the time. Experiment!

There's a two fairly big numbers that will give you a good stable frequency. Tune it and show me again.
  • #1,105
  • Edited Jul 11, 2013 1:10am Jul 10, 2013 11:47pm | Edited Jul 11, 2013 1:10am
Bear trade.

+10 pip closed - EURUSD

Bull trade - +10 pip closed USDCHF

27 consecutive winning trades.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdm1.png Size: 32 KB
Click to Enlarge Name: usdchfm1.png Size: 30 KB
  • #1,106
  • Jul 11, 2013 12:35am Jul 11, 2013 12:35am
Quoting EaglePip
{quote} Fascinating stuff. Still trying to understand it all and have been looking at the Stochastic setup. Looks like a dissimilarity now. Will have to wait to see how it pans out. Hope this is correct.{image}
Eagle, How did you get both stochastic reading for the 1min and 30 min on one chart? At the bottom right.
  • #1,107
  • Jul 11, 2013 12:57am Jul 11, 2013 12:57am
Quoting Madmoney
Bear trade. +10 pip closed - EURUSD Bull trade - +10 pip closed USDCHF {image} {image}
Congratulations !!!

What you did on EURUSD M1 look like that on M15.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 34 KB
  • #1,108
  • Jul 11, 2013 1:12am Jul 11, 2013 1:12am
Finally, target reached!
But should sharpen my entries more!
PRACTICE! PRACTICE! PRACTICE!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-07-11-01-eurusd.png Size: 96 KB
  • #1,109
  • Jul 11, 2013 1:19am Jul 11, 2013 1:19am
Quoting xixi
Finally, target reached! But should sharpen my entries more! PRACTICE! PRACTICE! PRACTICE!!!!! {image}
Nice trade! I was in that too.
  • #1,110
  • Jul 11, 2013 1:20am Jul 11, 2013 1:20am
Quoting Madmoney
{quote} Nice trade! I was in that too.
  • #1,111
  • Jul 11, 2013 1:22am Jul 11, 2013 1:22am
Quoting focusonmoney
{quote} Eagle, How did you get both stochastic reading for the 1min and 30 min on one chart? At the bottom right.
Put together a few lines to print the values. Have attached it below.
Surprised myself as price came back to the marked level!
Attached Image (click to enlarge)
Click to Enlarge Name: eum1.png Size: 45 KB
Attached File(s)
File Type: mq4 Sim2Stochs.mq4   4 KB | 665 downloads
  • #1,112
  • Jul 11, 2013 1:28am Jul 11, 2013 1:28am
hi Madmoney,
thanks for your advises.I am playing with the settings now.
I have an another question about the entry. It is clear that we have to wait til a new trend begins so e.g. two up spikes appears on both cycle indicator at the same time than we looking for sells. My question is when do you enter after a dis-similiraty happens on a lower TF. So a new up spikes comes up on the lower TF but not on the higher TF do you enter straight or wait 5 minutes to confrim ( M1 and M5 TFs) or wait for the semafor indi, cos it reapaints a lot.
Do you refresh your chart often or leave it.
Thanks for the answer.
Quoting Madmoney
{quote} I'm using the same one as you. Keeping tweaking it until the indicator behaves itself.
  • #1,113
  • Jul 11, 2013 1:35am Jul 11, 2013 1:35am
Quoting killerno
hi Madmoney, thanks for your advises.I am playing with the settings now. I have an another question about the entry. It is clear that we have to wait til a new trend begins so e.g. two up spikes appears on both cycle indicator at the same time than we looking for sells. My question is when do you enter after a dis-similiraty happens on a lower TF. So a new up spikes comes up on the lower TF but not on the higher TF do you enter straight or wait 5 minutes to confrim ( M1 and M5 TFs) or wait for the semafor indi, cos it reapaints a lot. Do you refresh...
Here is my latest trade.

Is that clear?
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym1.png Size: 83 KB
  • #1,114
  • Jul 11, 2013 1:41am Jul 11, 2013 1:41am
Quoting Madmoney
Bear trade. +10 pip closed - EURUSD Bull trade - +10 pip closed USDCHF 27 consecutive winning trades. {image} {image}
Nice trades MM. I have 3 wins already today. 1 buy and 2 sell in eu using Cycle Identifier
Pivot Boss in the making~
  • #1,115
  • Jul 11, 2013 1:41am Jul 11, 2013 1:41am
Quoting Madmoney
{quote} Here is my latest trade. Is that clear? {image}
thanks mate it is clear. my only concern is if I refresh my chart e.g up spike was there and after disappear sometimes even on the higher TF. Just ignore it or I have to play more with the settings (do you adjust only the length)?
  • #1,116
  • Jul 11, 2013 1:47am Jul 11, 2013 1:47am
For those of you using the CI method, what's really been boosting my trades on the 1M chart is the "Cycle Kroufr", a cyclonic indicator that you pick quality peaks and dips (OS/OB)

Try it out....
Attached File(s)
File Type: mq4 Cycle_KROUFR_version.mq4   7 KB | 1,215 downloads
  • #1,117
  • Jul 11, 2013 1:50am Jul 11, 2013 1:50am
Quoting Madmoney
{quote} Here is my latest trade. Is that clear? {image}

Nice trades. Congatulations.
I have two questions. When do you close the trades? Do you use SL?
Thanks in advance
  • #1,118
  • Jul 11, 2013 1:52am Jul 11, 2013 1:52am
Quoting killerno
{quote} thanks mate it is clear. my only concern is if I refresh my chart e.g up spike was there and after disappear sometimes even on the higher TF. Just ignore it or I have to play more with the settings (do you adjust only the length)?
The problem is, if the length of your CI's are too short they can appear to repaint more frantically. You have tweak so the repainting calms down, at the same time keeping the ratio between them in proportion.
  • #1,119
  • Jul 11, 2013 1:52am Jul 11, 2013 1:52am
Good morning,

Due to internet problems yesterday, I was not able to trade, so did some catching up on reading on ff.com. Read the thread and I just wish to compliment EURUSDD and Madmoney with their great work!!

it only confirms again, that you can trade with repainting indicators (semafore/ZZ/ cycle), if you know how to work them...

Gave the system a twist of my own, but the basics remain the same.. traded the EU on the 5M , instead of the 1M (too fast for an old man like me!) and picked up an easy 10 pips on demo.

Advice to the followers: give it time to digest the information given here... its trading is nice and simple... as soon as you "see" it... you wonder why it took you so long...

Again, my compliments.

Green pips.

Udine
Sleep less, live fast, as it aint gonna last
  • #1,120
  • Jul 11, 2013 1:53am Jul 11, 2013 1:53am
If price continues downtrend then I think the next target could be 1.3023
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-07-11-02-eurusd.png Size: 89 KB
4 traders viewing now