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The similarity system

  • #2,361
  • Jul 16, 2013 7:11am Jul 16, 2013 7:11am
Quoting monocor
{quote} For M5 settings was Stoch 100 and BB 8
Is this the new optimal setting, for 5M?
  • #2,362
  • Jul 16, 2013 7:12am Jul 16, 2013 7:12am
Quoting taypot
{quote} Thanks for the figures Bull.bear. My head is spinning with all the charts/numbers as I have only followed this thread since Sunday and I am not a mathematician. Its a steep learning curve. Anyway I've had a go at a one minute template based on the newest indicators (thanks folks) and your values. Does it look at all sensible? {image}
Interesting chart.... here's a question.... if Dissimilarity starts and ends... why does one of the pink dots coincide with a Similarity and ZZ Top?

Check the top CI and the bottom CI... when they're both the same, ZZ tops or bottoms.
The zones... happen in between!!!! Wait a minute... isn't this what Eurusdd has been saying all along....??!?
A pip is only worth it if you know how much you risked to earn it
  • #2,363
  • Jul 16, 2013 7:12am Jul 16, 2013 7:12am
Quoting vlady1974
Daily R2 broken and I will place another short. Anyone have a confirmed SM (Similarity) yet - or in other words, the END of Dissimilarity (DS)?
Not yet, at least on my charts it's still in dissim zone.
  • #2,364
  • Jul 16, 2013 7:12am Jul 16, 2013 7:12am
yes, in M5 900 and bb same
stoch is now price (in oscillator), i can`t find dissimilarities with stoch and price, they are same, so stoch is price and shows oversold and overbought areas, and USDCHF should show mirror image
  • #2,365
  • Jul 16, 2013 7:13am Jul 16, 2013 7:13am
Taypot I think you should put a Bollinger Band on yours. It's just I don't know what the setting would be for 1M chart....
Math guys? 300 stoch and 24 BB for the 15M timeframe... what's 1M?
A pip is only worth it if you know how much you risked to earn it
  • #2,366
  • Jul 16, 2013 7:14am Jul 16, 2013 7:14am
Quoting juhanimi
yes, in M5 900 and bb same stoch is now price (in oscillator), i can`t find dissimilarities with stoch and price, they are same, so stoch is price and shows oversold and overbought areas, and USDCHF should show mirror image
I get what your saying now.
  • #2,367
  • Jul 16, 2013 7:15am Jul 16, 2013 7:15am
Quoting vlady1974
Taypot I think you should put a Bollinger Band on yours. It's just I don't know what the setting would be for 1M chart.... Math guys? 300 stoch and 24 BB for the 15M timeframe... what's 1M?
you can`t get stoch 4500 in M1 chart, don`t see nothing`, bb always same
  • #2,368
  • Jul 16, 2013 7:17am Jul 16, 2013 7:17am
Quoting juhanimi
{quote} you can`t get stoch 4500 in M1 chart, don`t see nothing`, bb always same
I meant for BB to be put on price. Since price = stoch... would price be in certain places on the BB as you are also observing on the USDCHF chart?
A pip is only worth it if you know how much you risked to earn it
  • #2,369
  • Jul 16, 2013 7:18am Jul 16, 2013 7:18am
you can try different settings, but looks like that 24-2 for bb works everywhere
  • #2,370
  • Jul 16, 2013 7:19am Jul 16, 2013 7:19am
Quoting vlady1974
Taypot I think you should put a Bollinger Band on yours. It's just I don't know what the setting would be for 1M chart.... Math guys? 300 stoch and 24 BB for the 15M timeframe... what's 1M?
Hi Vlady, There is a bolly... Its like Bull.bear said ...360 for period (i've left shift at 0 and deviations at 2). I havent put a stoch yet as tending to use the lower indicator instead.

zz at 360 too
  • #2,371
  • Jul 16, 2013 7:20am Jul 16, 2013 7:20am
Quoting vlady1974
{quote} I meant for BB to be put on price. Since price = stoch... would price be in certain places on the BB as you are also observing on the USDCHF chart?
Also... in another thread which I will review later this afternoon... Eurusdd says that ZZ can also be derived from stochs... ie. Price.
Can't remember the maths... but as I'm piecing this together, in essence, you have everything you need on a chart to determine:

a) The start and end points of a cycle (Top to Bottom, Bottom to Top)
b) The function to identify zones or nodes of obstacles for price to run through in the future.
A pip is only worth it if you know how much you risked to earn it
  • #2,372
  • Jul 16, 2013 7:20am Jul 16, 2013 7:20am
Can someone enlighten me on the move up? Was there a zone or just a case of dissimilarity running its course till it ends?
I want more brain power!
  • #2,373
  • Jul 16, 2013 7:21am Jul 16, 2013 7:21am
I don't understand, you will determine OS/OB area, what you will get from that ??? Divergence or what principle you want to use ???
Even though I walk through the darkest valley, I will fear no evil
  • #2,374
  • Jul 16, 2013 7:21am Jul 16, 2013 7:21am
Quoting taypot
{quote} Hi Vlady, There is a bolly... Its like Bull.bear said ...360 for period (i've left shift at 0 and deviations at 2). I havent put a stoch yet as tending to use the lower indicator instead. zz at 360 too
Bloody hell - I am blind! It's in white!

Apologies!
A pip is only worth it if you know how much you risked to earn it
  • #2,375
  • Jul 16, 2013 7:24am Jul 16, 2013 7:24am
Quoting cfdtaleong
Can someone enlighten me on the move up? Was there a zone or just a case of dissimilarity running its course till it ends?
Yes.

Also, the top of the zone coincided with ZZ forming a new top/swing high. It wasn't exact.... but Taypot's chart with CI has an interesting bit of info which I commented on above. If ZZ works consistently.... then you don't need a CI indicator.
A pip is only worth it if you know how much you risked to earn it
  • #2,376
  • Jul 16, 2013 7:24am Jul 16, 2013 7:24am
Hold for Core CPI m/m in 8 minutes. I guess all anomalies will get corrected or addressed after that.
  • #2,377
  • Jul 16, 2013 7:28am Jul 16, 2013 7:28am
Quoting vlady1974
{quote} Yes. Also, the top of the zone coincided with ZZ forming a new top/swing high. It wasn't exact.... but Taypot's chart with CI has an interesting bit of info which I commented on above. If ZZ works consistently.... then you don't need a CI indicator.
I have tried it, had to hold -400 pips for a week, until I closed it +100. I have seen runners from10-30 days, and drop to -700.
Even though I walk through the darkest valley, I will fear no evil
  • #2,378
  • Jul 16, 2013 7:32am Jul 16, 2013 7:32am
Quoting vlady1974
{quote} Yes. Also, the top of the zone coincided with ZZ forming a new top/swing high. It wasn't exact.... but Taypot's chart with CI has an interesting bit of info which I commented on above. If ZZ works consistently.... then you don't need a CI indicator.
Cooo. Maybe I am getting somewhere! I have put a stoch on with settings 360 as 4500 didnt work. (Advice please!) Interesting to see that the pink dis areas start when stoch is at the top.
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  • #2,379
  • Jul 16, 2013 7:33am Jul 16, 2013 7:33am
There she goes...
  • #2,380
  • Jul 16, 2013 7:35am Jul 16, 2013 7:35am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Still dissimilar.
An expert is a man who has made all the mistakes which can be made
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