The similarity system | Page 101 | 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

  • #2,001
  • Jul 15, 2013 9:45am Jul 15, 2013 9:45am
Quoting shiva
{quote} Now corrected with a candle for you {image}


EDIT: At least we can still have fun with it.

Ralome, looking forward to playing with your latest release this evening when I get home!
A pip is only worth it if you know how much you risked to earn it
  • #2,002
  • Jul 15, 2013 9:50am Jul 15, 2013 9:50am
what settings every1 using on ralome, on a 15min chart pls.?
  • #2,003
  • Jul 15, 2013 9:51am Jul 15, 2013 9:51am
Quoting Forex Lion
{quote} no, the zone will start after the dissim has been closed
You are right. See the attached. The two red vertical lines mark the start and end of dissim. The candle which began the dissimilarity determines the zones height.
Attached Image
  • #2,004
  • Jul 15, 2013 9:56am Jul 15, 2013 9:56am
Quoting shiva
{quote} You are right. See the attached. The two red vertical lines mark the start and end of dissim. The candle which began the dissimilarity determines the zones height. {image}
I think it would be better if the zone was painted within the dissim start and end. This then removes the ambiguity of which candle created the height and width.

Ralome is this possible?
A pip is only worth it if you know how much you risked to earn it
  • #2,005
  • Jul 15, 2013 9:56am Jul 15, 2013 9:56am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting shiva
{quote} You are right. See the attached. The two red vertical lines mark the start and end of dissim. The candle which began the dissimilarity determines the zones height. {image}
Thanks for the clarification guys. Appreciate it!
An expert is a man who has made all the mistakes which can be made
  • #2,006
  • Jul 15, 2013 9:58am Jul 15, 2013 9:58am
Yes but I think the point is we do not trade back towards the dissimilarity until we reach similarity again. So the box not appearing until that point keeps you under starters orders until you should consider trading.

That's how I read it anyway, I could be wrong, I've been wrong before, according to my wife anyway.
Keep smiling
  • #2,007
  • Jul 15, 2013 10:00am Jul 15, 2013 10:00am
Quoting vlady1974
{quote} Ahhh! I see what you mean now. I guess that's a question for Ralome.
The zone starts when dissimilarity ends. Recently Eurusdd posted this: "Furthermore, as soon as dis-similarity begins you need to mark that level and adjust your plans." So this is new information, I'll include it in future updates.
Even if you fall on your face, you're still moving forward.
  • #2,008
  • Jul 15, 2013 10:03am Jul 15, 2013 10:03am
at the moment we do have an ongoing dissim since 5 1/2 hours, the one before was also round about 4 hours is this ok?, because I tought most of the time there should be sim in the market??
  • #2,009
  • Jul 15, 2013 10:05am Jul 15, 2013 10:05am
Seems like there's indeed something fishy that's going on with the new version of the indy, so until further notice use it only for decorative purposes. My apologies
Even if you fall on your face, you're still moving forward.
  • #2,010
  • Jul 15, 2013 10:05am Jul 15, 2013 10:05am
Quoting Misterdaz
Yes but I think the point is we do not trade back towards the dissimilarity until we reach similarity again. So the box not appearing until that point keeps you under starters orders until you should consider trading. That's how I read it anyway, I could be wrong, I've been wrong before, according to my wife anyway.
You said and you said it right, these zones were made for waiting-out and thats just what they gonna do.
  • #2,011
  • Jul 15, 2013 10:05am Jul 15, 2013 10:05am
@ vlady1974: Install MT4 onto a USB stick, then you can use it from any computer.
  • #2,012
  • Jul 15, 2013 10:10am Jul 15, 2013 10:10am
Quoting Thoughts
@ vlady1974: Install MT4 onto a USB stick, then you can use it from any computer.
What!?! Can you do that!? Oh man that is brilliant! LOL! I will research that sir.... brilliant brilliant brilliant!
A pip is only worth it if you know how much you risked to earn it
  • #2,013
  • Jul 15, 2013 10:11am Jul 15, 2013 10:11am
Quoting Ralome
Seems like there's indeed something fishy that's going on with the new version of the indy, so until further notice use it only for decorative purposes. My apologies
Can we revert to the old one?
  • #2,014
  • Jul 15, 2013 10:11am Jul 15, 2013 10:11am
Quoting Thoughts
@ vlady1974: Install MT4 onto a USB stick, then you can use it from any computer.
  • #2,015
  • Jul 15, 2013 10:12am Jul 15, 2013 10:12am
Looks like 1.3072 is a zone that needs to be taken out first.
  • #2,016
  • Jul 15, 2013 10:12am Jul 15, 2013 10:12am
Wow Ralome, your hard work and effort are simply more than words! Thanks for the new release! Glad that you have taken in our opinion!
  • #2,017
  • Jul 15, 2013 10:12am Jul 15, 2013 10:12am
Quoting angelofx
{quote} Can we revert to the old one?
the old one is showing the same ...I just tried it
  • #2,018
  • Jul 15, 2013 10:14am Jul 15, 2013 10:14am
Just noted this dissimilarity on the 15M v 1H
My inclination is that it will go higher, possibly clearing out that recent zone.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 115 KB
A pip is only worth it if you know how much you risked to earn it
  • #2,019
  • Jul 15, 2013 10:19am Jul 15, 2013 10:19am
Thanks Shiva.

First of all Ralome, exceptional work on the indicator, I'm sure there's half of Forexfactory playing with your indie at the moment.

You are right though, there does seem to be something a bit awry with it at the moment. I have a box greyed out from earlier which means it's already cleared I assume? How close are you needing price to tracel to the dis zone before you consider it cleared?

I do not have the green box you guys are discussing.

I'm using FX Pro in the UK.

I'll use the previous indy for now.

Attached Image (click to enlarge)
Click to Enlarge Name: eu 0715a.png Size: 35 KB


Again, great work.

Daz.
Keep smiling
  • #2,020
  • Jul 15, 2013 10:20am Jul 15, 2013 10:20am
Quoting shiva
{quote} You are right. See the attached. The two red vertical lines mark the start and end of dissim. The candle which began the dissimilarity determines the zones height. {image}
hmm I don't have that zone or the marker either. we sure its right?
I want more brain power!
5 traders viewing now, 1 is registered:
mewtoo