The similarity system

Quoting Forex Lion

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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}

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Quote

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The are many parts to my trading strategy, however there is one part that everyone can test and master. The SIMILARITY-TRICK!
There are two ways to apply/use the trick.
1: Across brokers, same time-frame, same currency pair

2: same broker, same currency pair, compatible time...

Quoting Ralome

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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....

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Quoting Ralome

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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....

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Quoting Neio

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{quote} Sorry I do not see that level on my chart. I see the dissimilarity that was formed earlier but it looks like it has been closed.

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Quoting crottsinabox

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{quote} 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!

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Quoting crottsinabox

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{quote}the red zone has been there more than a week so we can disregard that zone.

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Quoting Ralome

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{quote} NO! THE RED* ZONE IS SIMPLY THE OLDEST ACTIVE ZONE! *(assuming you used the default setting: oldest_zone_color = Red)

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Quoting Eurusdd

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{quote} nO: I gave the extreme number of days for a zone on the 15min chart: 75(2.5%). 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).

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Quoting Ralome

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{quote} NO! THE RED* ZONE IS SIMPLY THE OLDEST ACTIVE ZONE! *(assuming you used the default setting: oldest_zone_color = Red)

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Quoting Ralome

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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....

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Quoting crottsinabox

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{quote} Ralome, just going by what he said. "ignore any zone that has been on the 15min chart longer than a week(extreme case; 2 week" did I miss something else along the way? Thanks:nerd:

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Quoting Jerkmiew

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Really very thank to EURUSDD. I have loss a lot money on forex and after I found out this system. I am starting testing again and now I am also making conservative win 10 and 0 loss. really special thank to EURUSDD. Not bad, me and my friend have also come up with a EA (alerts only), and it has performed 47 live alerts 100% win record. I believe if you master Eurusdd's most basic method first, the world is your oyster! Keep it up! Can madmoney share the alert? Thank you very much

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Quoting crodzilla

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{quote} Guys, remember Eurusdd's system must agree "Across brokers" as well. With all of us using different brokers, each feed is going to be different. So, we may see different things. If you must post a chart, tell us which broker you use. Especially when posting settings. You are going to drive each other nuts trying to figure out why your chart doesn't look like everyone elses. Carl {quote}

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Quoting Ralome

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{quote} You didn't, it's just the choice of words I guess. So let's clear it up: 1. He says he ignores zones which are older than 1/2 weeks. Let's call these "expired zones". 2. The zones which price took out may be called "cleared zones". 3. What's left: unexpired, uncleared zones, with different ages. The oldest OF THESE UNEXPIRED AND UNCLEARED zones is marked with red.

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Quoting Forex Lion

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{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?

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Quoting crottsinabox

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{quote} Ralome, just going by what he said. "ignore any zone that has been on the 15min chart longer than a week(extreme case; 2 week" did I miss something else along the way? Thanks:nerd:

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Quoting cfdtaleong

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{quote} Price would be tempted to take that out since it can solve the green one also in the process? I believe this reasoning to be sound

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