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The similarity system

  • #2,301
  • Jul 16, 2013 4:15am Jul 16, 2013 4:15am
Quoting Eurusdd
eurusd is preparing for a fall but until that dis-similarity ends, it is risky to starts selling heavy.
It's like a giant double top forming. Can spike up again ?

It's like a Rorschach figure, or a FFT aliasing.
  • #2,302
  • Edited 4:32am Jul 16, 2013 4:20am | Edited 4:32am
Are we IN the black hole now ?

Needing money to push us out of there ?
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  • #2,303
  • Jul 16, 2013 4:24am Jul 16, 2013 4:24am
Quoting Forex Lion
{quote} if I look back in the chart, it looks like the other way...if stoch was on top of bollinger...price will break from the bottom and vice versa
This is where I got the logic from... also notice the thinning of the BB. Since you have the charts.... any chance of confirming this? Cheers mate!
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A pip is only worth it if you know how much you risked to earn it
  • #2,304
  • Jul 16, 2013 4:24am Jul 16, 2013 4:24am
Quoting Forex Lion
{quote} if I look back in the chart, it looks like the other way...if stoch was on top of bollinger...price will break from the bottom and vice versa
just checked more of them...it is not always the same...sometimes this way sometimes the other way...
  • #2,305
  • Jul 16, 2013 4:26am Jul 16, 2013 4:26am
Hello everyone,

First, thanks Ralome for his awesome indicator and Eurusdd for his full of insights and great ideas.

I found Ralome indicator a little bit confused for me to read the zones so I have made some modifications:

- hide/show "dis-similarity zones" (from start to end of dis-similarity)
- show "dis-similarity correction zones" (which called dis-similarity zones by Ralome)
- make the code cleaner and easier for scaling in the future (add multi-timeframe zones,...)

Features I haven't done yet but will add soon:

- counters info
- mark youngest/oldest active zones
- mark big dissimilarity
- multi-timeframe zones

Any feedback are welcomed. Thanks!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2013-07-16-02-eurusd.png Size: 70 KB
Click to Enlarge Name: 2013-07-16-03-eurusd.png Size: 70 KB
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File Type: mq4 StochDifZoneX.mq4   9 KB | 672 downloads
  • #2,306
  • Jul 16, 2013 4:26am Jul 16, 2013 4:26am
I still do not see very well where to place trades. When you start dis-similarity there is much probability of continuation of trend, which could be placed there operation. Dis-similarity ends and I need the identification of the turning point to start operation until correction point. Stoch indicator gives peaks that correspond to points of inflection, but not always coincide with the point of inflexion general. Someone me can clarify a bit this aspect?. I understand that this is where the beginning starts EURUSDD delay system because that is where the operations performed accurately and comes into play analysis of fractal dimension.
  • #2,307
  • Jul 16, 2013 4:38am Jul 16, 2013 4:38am
Quoting xixi
Hello everyone, First, thanks Ralome for his awesome indicator and Eurusdd for his full of insights and great ideas. I found Ralome indicator a little bit confused for me to read the zones so I have made some modifications: - hide/show "dis-similarity zones" (from start to end of dis-similarity) - show "dis-similarity correction zones" (which called dis-similarity zones by Ralome) - make the code cleaner and easier for scaling in the future (add multi-timeframe zones,...) Features I haven't done yet but will add soon: - counters info - mark...
Wow. Everyone is really contributing.

  1. My suggestion (as an IT Project Manager) is to reach out to Ralome first and get his blessing.
  2. Then, we should get a proper feature list of the most important features required to identify DS/SM zones.

Once we have this, you and Ralome should collaborate to re-write a new version of the indie so that the users of this forum don't have 2 versions of the same software suddenly creating 2 strands of development which will confuse and distract from the principles of the thread.

A pip is only worth it if you know how much you risked to earn it
  • #2,308
  • Jul 16, 2013 4:40am Jul 16, 2013 4:40am
I want to place an option saying half of you guys are programmers
I want more brain power!
  • #2,309
  • Jul 16, 2013 4:41am Jul 16, 2013 4:41am
Quoting vlady1974
{quote} This is where I got the logic from... also notice the thinning of the BB. Since you have the charts.... any chance of confirming this? Cheers mate! {image}
of course, here we go, have a look---
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m15-excel-markets.png Size: 87 KB
  • #2,310
  • Jul 16, 2013 4:41am Jul 16, 2013 4:41am


You don't know how much i refrain myself from coding... Make a small motivated team around Ralome and let's go !

But i'd prefer this is his choice.
  • #2,311
  • Jul 16, 2013 4:43am Jul 16, 2013 4:43am
I think this market will range till the next news in 2 hrs 45 mins (US Core CPI m/m}
  • #2,312
  • Jul 16, 2013 4:44am Jul 16, 2013 4:44am
Quoting cfdtaleong
I want to place an option saying half of you guys are programmers
Betcha
  • #2,313
  • Jul 16, 2013 4:45am Jul 16, 2013 4:45am
Quoting xixi
- hide/show "dis-similarity zones" (from start to end of dis-similarity)
- show "dis-similarity correction zones" (which called dis-similarity zones by Ralome)

These are very nice indeed. Being able to see the next dissimilarity zone in advance is quite handy.
By the way, I appreciate your work greatly, but let's keep the development of the indi in a single branch/version.
  • #2,314
  • Jul 16, 2013 4:47am Jul 16, 2013 4:47am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting shiva
I think this market will range till the next news in 2 hrs 45 mins (US Core CPI m/m}
I think that is a good call. We know at some point soon they are going to have to agree because as Eurusdd showed the charts should be similar the majority of the time and only dissimilar < 3% of the time.
An expert is a man who has made all the mistakes which can be made
  • #2,315
  • Jul 16, 2013 4:48am Jul 16, 2013 4:48am
Quoting shiva
I think this market will range till the next news in 2 hrs 45 mins (US Core CPI m/m}

Yeah, I think the market is likely to keep in range for a while. This will allow the most-recent dissimilarity spike to settle, and similarity finally be restored. Once it is, the price should head south to correct the older zones below. This way it would only create one zone of dissimilarity above itself, around 1.2993.
  • #2,316
  • Jul 16, 2013 4:50am Jul 16, 2013 4:50am
Quoting vlady1974
{quote} Wow. Everyone is really contributing. My suggestion (as an IT Project Manager) is to reach out to Ralome first and get his blessing. Then, we should get a proper feature list of the most important features required to identify DS/SM zones.Once we have this, you and Ralome should collaborate to re-write a new version of the indie so that the users of this forum don't have 2 versions of the same software suddenly creating 2 strands of development which will confuse and distract from the principles of the thread.
, yep, that's the way we should do it
  • #2,317
  • Jul 16, 2013 4:54am Jul 16, 2013 4:54am
How many remember one of the older tips? If a leg of zigzag appears and EMA1 has not pierced the BB ...... notice the circles. Now what does the latest leg say?
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  • #2,318
  • Jul 16, 2013 5:03am Jul 16, 2013 5:03am
Quoting vlady1974
{quote} Wow. Everyone is really contributing. My suggestion (as an IT Project Manager) is to reach out to Ralome first and get his blessing. Then, we should get a proper feature list of the most important features required to identify DS/SM zones.Once we have this, you and Ralome should collaborate to re-write a new version of the indie so that the users of this forum don't have 2 versions of the same software suddenly creating 2 strands of development which will confuse and distract from the principles of the thread.
Quoting IFxRobot
You don't know how much i refrain myself from coding... Make a small motivated team around Ralome and let's go ! But i'd prefer this is his choice.
Quoting Barbossa
{quote} These are very nice indeed. Being able to see the next dissimilarity zone in advance is quite handy. By the way, I appreciate your work greatly, but let's keep the development of the indi in a single branch/version.
yeah, we should keep it that way to get rid of mess. Building Ralome team of programmers is a possible way
  • #2,319
  • Jul 16, 2013 5:06am Jul 16, 2013 5:06am
Quoting shiva
How many remember one of the older tips? If a leg of zigzag appears and EMA1 has not pierced the BB ...... notice the circles. Now what does the latest leg say? {image}
Yes, I have found the answer to that, but as a newbie poster all my posts are delayed



Quoting "Therefore, when ZZ appears and the 1EMA has not hit an outer band, you have 97% guarantee that price will continue in that direction until it hits the band! With right money-management you should be good and avoid wrong trades!!!"
  • #2,320
  • Jul 16, 2013 5:15am Jul 16, 2013 5:15am
Quoting Forex Lion
{quote} of course, here we go, have a look--- {image}
Hmm! Excellent chart. I think both of us need to refine our definitions more accurately... but I think there's something here!

I said, if stoch is on top BB, price will cancel from the top and I showed an example.
Your chart shows that if stoch is on top BB but is rejected outside the zone to the bottom, then it cancels from the bottom.

In both cases... the bar when dissim started is in the past. Price can either go above or below.
But something tells me you're closer to the actual behaviour. Maybe you can backtest a few of the zones?

Let's restate the test: (DS = Dissimilarity, SM - Similarity)

  1. On DS, if stoch is on upper BB, we expect price to go lower than the zone, therefore cancelling the zone from the bottom once SM has returned.
  2. On DS, if stoch is on lower BB, we expect price to go higher than the zone, therefore cancelling the zone from the top once SM has returned.

These could maybe account for a % of moves but I suspect not all.... so there may be exceptions - as there always is.

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