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The similarity system

  • #1,901
  • Jul 15, 2013 6:47am Jul 15, 2013 6:47am
Quoting Ralome
Sooo, here's the new version of the StochDifZones indicator, including: 1. Bugfixes (rare, but nasty occurrences) 2. A bit of speed improvement 3. New functions: i. you can limit how many bars are processedii. you can specify zone lifetime (default is 14 days, see this (http://www.forexfactory.com/showthread.php?p=6818339#post6818339) post for explanation)iii. old/cleared zones can be grayed out / removediv. you can add counters after the zones (elapsed: time since zone start; remaining: remaining time until zone expires (see point ii))v....
  • #1,902
  • Jul 15, 2013 6:51am Jul 15, 2013 6:51am
Quoting juhanimi
{quote} i know that, but it does not work, put it to M1 chart and settings 1-1-1, you will see soon, dots dissapear, it looks like a million dollar when you put it on to your chart, butt unfortunately, it does not work

Just tried that and the dots are staying on mine so not sure what the problem is you are having.
  • #1,903
  • Jul 15, 2013 6:52am Jul 15, 2013 6:52am
Quoting Ralome
Sooo, here's the new version of the StochDifZones indicator, including: 1. Bugfixes (rare, but nasty occurrences) 2. A bit of speed improvement 3. New functions: i. you can limit how many bars are processedii. you can specify zone lifetime (default is 14 days, see this (http://www.forexfactory.com/showthread.php?p=6818339#post6818339) post for explanation)iii. old/cleared zones can be grayed out / removediv. you can add counters after the zones (elapsed: time since zone start; remaining: remaining time until zone expires (see point ii))v....
great
  • #1,904
  • Jul 15, 2013 6:53am Jul 15, 2013 6:53am
Quoting lastingwell
{quote} Just tried that and the dots are staying on mine so not sure what the problem is you are having.
yes, maybe try little longer, few hours maybe, trust me, you will see, it does not work
  • #1,905
  • Jul 15, 2013 6:54am Jul 15, 2013 6:54am
Great job Ralome!

BTW, did E/U just start the journey south?
  • #1,906
  • Jul 15, 2013 6:55am Jul 15, 2013 6:55am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Ralome
Sooo, here's the new version of the StochDifZones indicator, including: 1. Bugfixes (rare, but nasty occurrences) 2. A bit of speed improvement 3. New functions: i. you can limit how many bars are processedii. you can specify zone lifetime (default is 14 days, see this (http://www.forexfactory.com/showthread.php?p=6818339#post6818339) post for explanation)iii. old/cleared zones can be grayed out / removediv. you can add counters after the zones (elapsed: time since zone start; remaining: remaining time until zone expires (see point ii))v....

Excellent. Thank you so much for you work!!!
An expert is a man who has made all the mistakes which can be made
  • #1,907
  • Jul 15, 2013 6:57am Jul 15, 2013 6:57am
Hi guys, I haven't been an active poster here for a long time but I do drop in now and then and have a look at some of the threads. This thread really caught my interest, I've read the whole thing now. I have Ralome's latest indy and Madmoneys templates he posted a while back. Oh and an eye on Eurusdd's theory

Just started testing it so will give sensible feedback in time.

I wish I was good at maths!!

Cheers Daz.
Keep smiling
  • #1,908
  • Jul 15, 2013 7:00am Jul 15, 2013 7:00am
as you can see on my chart below, I have a new green zone and it looks like others do not have such a zone, how do I know, if "my zone" is correct (valid) or not?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m15-excel-markets.png Size: 46 KB
  • #1,909
  • Jul 15, 2013 7:01am Jul 15, 2013 7:01am
Quoting juhanimi
{quote} yes, maybe try little longer, few hours maybe, trust me, you will see, it does not work

Yep, experienced it myself, too. Indicator was tuned up quite well, but after starting it this morning it looked like a clusterf**k. I'll look at other indicators to prove and test the method, CI is just too unstable for me.
  • #1,910
  • Jul 15, 2013 7:03am Jul 15, 2013 7:03am
Quoting Ralome
Sooo, here's the new version of the StochDifZones indicator....... {file}


awesome ! thanks
i lose money for a living
  • #1,911
  • Jul 15, 2013 7:05am Jul 15, 2013 7:05am
Quoting Forex Lion
as you can see on my chart below, I have a new green zone and it looks like others do not have such a zone, how do I know, if "my zone" is correct (valid) or not? {image}
Check this...
Quoting Eurusdd
{quote} ....The mean is 15 and modes; 2, 4, 8, 6 and 1. The probability for the mean is very small(3.65%). So, most zones will be corrected within a week!!! Presonally, I do ignore any zone that has been on the 15min for more that a week(extreme case; 2 weeks).
  • #1,912
  • Jul 15, 2013 7:08am Jul 15, 2013 7:08am
Hi Guys,

This thread has been fantastic for generating a new set of ideas. But I notice everyone has been testing only on MT4 platform.
Has anyone managed to apply this on any other platform? For example, I run charts off IGINDEX. I can't run BB against a stoch.

Just wondering...

Thanks in advance
A pip is only worth it if you know how much you risked to earn it
  • #1,913
  • Jul 15, 2013 7:12am Jul 15, 2013 7:12am
Quoting vlady1974
Hi Guys, This thread has been fantastic for generating a new set of ideas. But I notice everyone has been testing only on MT4 platform. Has anyone managed to apply this on any other platform? For example, I run charts off IGINDEX. I can't run BB against a stoch. Just wondering... Thanks in advance

I believe most of the users use MT4. It's handy because it allows a great variety of indicators, including custom-written such as the one Ralome develops.
  • #1,914
  • Jul 15, 2013 7:14am Jul 15, 2013 7:14am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting vlady1974
Hi Guys, This thread has been fantastic for generating a new set of ideas. But I notice everyone has been testing only on MT4 platform. Has anyone managed to apply this on any other platform? For example, I run charts off IGINDEX. I can't run BB against a stoch. Just wondering... Thanks in advance
Hi Vlady1974,

I doubt you will get it to work on their platform. When I use my IGindex account I just base my buy and sell decisions on what I see in MT4.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #1,915
  • Jul 15, 2013 7:19am Jul 15, 2013 7:19am
Quoting Ralome
Sooo, here's the new version of the StochDifZones indicator, including: 1. Bugfixes (rare, but nasty occurrences) 2. A bit of speed improvement 3. New functions: i. you can limit how many bars are processedii. you can specify zone lifetime (default is 14 days, see this (http://www.forexfactory.com/showthread.php?p=6818339#post6818339) post for explanation)iii. old/cleared zones can be grayed out / removediv. you can add counters after the zones (elapsed: time since zone start; remaining: remaining time until zone expires (see point ii))v....
Thank you very much Ralome for your indicators.
  • #1,916
  • Jul 15, 2013 7:20am Jul 15, 2013 7:20am
Quoting candero
{quote} Yep, experienced it myself, too. Indicator was tuned up quite well, but after starting it this morning it looked like a clusterf**k. I'll look at other indicators to prove and test the method, CI is just too unstable for me.
it is good if you use it like Eurusdd used it in his tradeExplorer (he had M1&M5, but much better to look M30&H1, I think)->

Eurusdd:
IMPORTANT: The charts MUST always agree before a new trend (minor/major) begins. Therefore, if they do not agree after a certain time, the trend is expected to continue!!!
  • #1,917
  • Jul 15, 2013 7:21am Jul 15, 2013 7:21am
Quoting ~bull.bear~
{quote} Check this... {quote}
many thanks for your help, I am sorry for asking such stupid questions

do you mean, I should wait two weeks and after that time, if the zone has not been taken out, just forget the zone?
  • #1,918
  • Jul 15, 2013 7:24am Jul 15, 2013 7:24am
Quoting Ralome
Sooo, here's the new version of the StochDifZones indicator, Enjoy! {file}
Nice update Ralome, thank-you.


Obviously we need to come up with our own set file that fits our needs but regarding bars_limit would it be a good idea to have it set to 7200 ( 75 days worth of 15M bars) or have I misunderstood that parameter?
  • #1,919
  • Jul 15, 2013 7:25am Jul 15, 2013 7:25am
Quoting Forex Lion
as you can see on my chart below, I have a new green zone and it looks like others do not have such a zone, how do I know, if "my zone" is correct (valid) or not? {image}

I see the same green zone. My chart looks just like that. According to Eurusdd's rules, the red zone has been there more than a week so we can disregard that zone. I hope this next part isn't mixing the strategies up. It seems the chart is still in dis-similarity so until they agree again, the trend (currently heading down) is expected to continue.

My eyes are on the light blue zone below. Someone jump in if I am wrong

Also, Ralome......nice work man!
  • #1,920
  • Jul 15, 2013 7:27am Jul 15, 2013 7:27am
Quoting Eurusdd
My EXPLORER was based on the CI-similarity method and that is why I could get 3-10 pips almost surely. I was also trading on the 1min time-frame.
yes, i did remember that right.
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