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The similarity system

  • #2,261
  • Jul 16, 2013 2:30am Jul 16, 2013 2:30am
Could someone explain to me if its ok or not to change the "stochperiod" in StochDifZones?
I have not really understood why price wanted upwards, until I saw your charts showing the zone over the prize.

When I change to stochperiod=200 I get a zone above, and it all makes sense.
It it OK to change it!?

Look at my chart. Prize almost reaching the zone in the yellow circle!

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15stochdif.jpg Size: 478 KB
  • #2,262
  • Jul 16, 2013 2:37am Jul 16, 2013 2:37am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting spufuz
Could someone explain to me if its ok or not to change the "stochperiod" in StochDifZones? I have not really understood why price wanted upwards, until I saw your charts showing the zone over the prize. When I change to stochperiod=200 I get a zone above, and it all makes sense. It it OK to change it!? Look at my chart. Prize almost reaching the zone in the yellow circle! {image}
Eurusdd has already mentioned that the template that he gave for the 15 min was optimised for that timeframe based on all the data he had available. So while settings can be changed and new zones can appear I do no believe those zones will be optimal.
An expert is a man who has made all the mistakes which can be made
  • #2,263
  • Jul 16, 2013 2:42am Jul 16, 2013 2:42am
Quoting spufuz
When I change to stochperiod=200 I get a zone above, and it all makes sense. It it OK to change it!? Look at my chart. Prize almost reaching the zone in the yellow circle! {image}
Yeah, this is something I wanted to ask as well. I can obviously tweak Ralome's excellent indie to show the same as on your charts, but than other zones are changing, and overall the picture becomes completely different.

May I ask some of the masters if they changed the default settings of Ralome's indicator?
Or maybe to Ralome, is it at all something possible / wise to do?

Still, looking at the "tweaked" chart from spufuz, the bottom of the green zone matches R1 of the daily pivots...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture3.PNG Size: 52 KB
  • #2,264
  • Jul 16, 2013 2:48am Jul 16, 2013 2:48am
Quoting Neio
{quote} Eurusdd has already mentioned that the template that he gave for the 15 min was optimised for that timeframe based on all the data he had available. So while settings can be changed and new zones can appear I do no believe those zones will be optimal.
Yes youre right about that.
I guess the right way to do it then, is to compare the chart with another broker?!
  • #2,265
  • Jul 16, 2013 2:52am Jul 16, 2013 2:52am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting spufuz
{quote} Yes youre right about that. I guess the right way to do it then, is to compare the chart with another broker?!
Based on what Eurusdd has said I believe that is better than changing his optimal settings.
An expert is a man who has made all the mistakes which can be made
  • #2,266
  • Jul 16, 2013 2:52am Jul 16, 2013 2:52am
Maybe during the dissimilarity, the price is exactly the mirror of StockDiffZone (centrosymetric).
  • #2,267
  • Jul 16, 2013 3:07am Jul 16, 2013 3:07am
could someone post template of latest version of ralome?
  • #2,268
  • Jul 16, 2013 3:10am Jul 16, 2013 3:10am
All of you should try and solve the following problem!! Price is on the line where the next zone is expected to occur. Now when the zone appears, do you expect price to be below it or above it. That will solve your dilemma.
  • #2,269
  • Jul 16, 2013 3:19am Jul 16, 2013 3:19am
This is a world class tread. The Number of traders on this tread will soon increase to 200, 300 etc.

Great Thanks To Eurusdd!
  • #2,270
  • Jul 16, 2013 3:20am Jul 16, 2013 3:20am
Quoting Eurusdd
All of you should try and solve the following problem!! Price is on the line where the next zone is expected to occur. Now when the zone appears, do you expect price to be below it or above it. That will solve your dilemma.
hmm, maybe below, because price is now searching for the current di-sim-zone, which is below (the green one) and if price is one his way it is more easy for him to take out both of the zones if he is in the middle, between the green and the future zone...
  • #2,271
  • Jul 16, 2013 3:21am Jul 16, 2013 3:21am
Eurusdd, I see price is well above where the next zone will appear, I have maked a blue rectangle where I think the next zone will occur when the current dis-similarity ends.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 70 KB
  • #2,272
  • Jul 16, 2013 3:21am Jul 16, 2013 3:21am
Quoting dare123
This is a world class tread. The Number of traders on this tread will soon increase to 200, 300 etc. Great Thanks To Eurusdd!
There is a reward. Most of them will be better traders at the end of the period! Bit by bit, the information will be released!
  • #2,273
  • Jul 16, 2013 3:24am Jul 16, 2013 3:24am
A zone is expected to appear at 1.30715. Will price be above/below it?
  • #2,274
  • Jul 16, 2013 3:26am Jul 16, 2013 3:26am
Price will be below it.
  • #2,275
  • Jul 16, 2013 3:26am Jul 16, 2013 3:26am
The best way to know what price will do is : Start your analysis once dis-similarity starts. Mark the level where the zone is to appear and with a little thinking you will see the light!
  • #2,276
  • Jul 16, 2013 3:27am Jul 16, 2013 3:27am
Quoting ynot4x
Price will be below it.
  • #2,277
  • Jul 16, 2013 3:28am Jul 16, 2013 3:28am
Quoting Eurusdd
A zone is expected to appear at 1.30715. Will price be above/below it?
I would vote for below, as then by going up, it can take out two zones by creating only one. Maybe. Or not. I'm just learning this excellent stuff, so excuse me for my ignorance.

Also I understood that, although on Alpari with a live account, and with default settings on the indie, I see different boxes. For me the new box will appear right around the current price...
  • #2,278
  • Jul 16, 2013 3:30am Jul 16, 2013 3:30am
Quoting lnorbi
{quote} I would vote for below, as then by going up, it can take out two zones by creating only one. Maybe. Or not. I'm just learning this excellent stuff, so excuse me for my ignorance. Also I understood that, although on Alpari with a live account, and with default settings on the indie, I see different boxes. For me the new box will appear right around the current price...
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 79 KB


For other, 1.3025 is the next possible zone. So, where will price be?
  • #2,279
  • Jul 16, 2013 3:32am Jul 16, 2013 3:32am
I'd also take into consideration that price tested yesterday's high once, then broke it from above, now heading up towards it and I expect it to repel from that pivot level.
And as the new zone will be created right below the pivot line, it eventually will go up, breaking through it and clearing the box that will be created.

Maybe.
But all the Masters pls. correct me, so that I can learn... Thanks in advance!
  • #2,280
  • Jul 16, 2013 3:39am Jul 16, 2013 3:39am
Quoting lnorbi
I'd also take into consideration that price tested yesterday's high once, then broke it from above, now heading up towards it and I expect it to repel from that pivot level. And as the new zone will be created right below the pivot line, it eventually will go up, breaking through it and clearing the box that will be created. Maybe. But all the Masters pls. correct me, so that I can learn... Thanks in advance!
Always ask yourself : When a zone appears, will price cut it from above or below?

If the answer is above, then check the bottom window for the end of dis-similarity. If you are right, price should be above the zone when it starts!!
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