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The similarity system

  • #2,681
  • Jul 17, 2013 10:08am Jul 17, 2013 10:08am
Quoting Eurusdd
I think we are going below 1.29945. The new zone we are expecting has a lot of weight. Price will take a zigzag path down there.

Hedged up for+70pips at 1.3090. Hedge broken at 1.3160 and triple short already +ve overall. Up I win, down I...win again. Done for today. Playing with house money now. Let the trailing stop run its course.
  • #2,682
  • Jul 17, 2013 10:09am Jul 17, 2013 10:09am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Based on what you said earlier...

If dissimilarity ends without taking out the zone below...then it will not be reachable during the next period of similarity (95% probability)
An expert is a man who has made all the mistakes which can be made
  • #2,683
  • Jul 17, 2013 10:13am Jul 17, 2013 10:13am
Quoting NeuroSith
{quote} Hedged up for+70pips at 1.3090. Hedge broken at 1.3160 and triple short already +ve overall. Up I win, down I...win again. Done for today. Playing with house money now. Let the trailing stop run its course.
  • #2,684
  • Jul 17, 2013 10:14am Jul 17, 2013 10:14am
I've updated the indicator to reflect what Eurusdd just said.

- show the gap zone (blue one)
- fix 'alerts' error
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2013-07-17-03-eurusd.png Size: 77 KB
Click to Enlarge Name: 2013-07-17-04-eurusd.png Size: 75 KB
Attached File(s)
File Type: mq4 StochDifZoneX_v1_2.mq4   8 KB | 829 downloads
  • #2,685
  • Jul 17, 2013 10:15am Jul 17, 2013 10:15am
Quoting xixi
I've updated the indicator to reflect what Eurusdd just said. - show the gap zone (blue one) - fix 'alerts' error {image} {image}
Can I have that?
  • #2,686
  • Jul 17, 2013 10:17am Jul 17, 2013 10:17am
Quoting Eurusdd
{quote} Can I have that?
sorry, i forgot attaching the indicator
Edited the post
  • #2,687
  • Jul 17, 2013 10:19am Jul 17, 2013 10:19am
Quoting xixi
I've updated the indicator to reflect what Eurusdd just said. - show the gap zone (blue one) - fix 'alerts' error {image} {image} {file}
Is that right - the whole box is now taking the extreme HI / LO of the Dissimilarity range.... it should only be the HI/LO of the first bar... right Eurusdd?
A pip is only worth it if you know how much you risked to earn it
  • #2,688
  • Jul 17, 2013 10:23am Jul 17, 2013 10:23am
Quoting vlady1974
{quote} Is that right - the whole box is now taking the extreme HI / LO of the Dissimilarity range.... it should only be the HI/LO of the first bar... right Eurusdd?
Notice that you cannot use this new one with the old one. You have to store them differently.
  • #2,689
  • Jul 17, 2013 10:26am Jul 17, 2013 10:26am
Quoting Eurusdd
{quote} Notice that you cannot use this new one with the old one. You have to store them differently.
I will check tonight at home... but I think I know what you mean... file name, etc.
A pip is only worth it if you know how much you risked to earn it
  • #2,690
  • Jul 17, 2013 10:28am Jul 17, 2013 10:28am
Quoting xixi
I've updated the indicator to reflect what Eurusdd just said. - show the gap zone (blue one) - fix 'alerts' error {image} {image} {file}
Lovely! We're evolving!
  • #2,691
  • Jul 17, 2013 10:31am Jul 17, 2013 10:31am
Need broker change...sl get hits all the time but failed to execute my SL on a number of occasions
I want more brain power!
  • #2,692
  • Jul 17, 2013 10:35am Jul 17, 2013 10:35am
Quoting xixi
I've updated the indicator to reflect what Eurusdd just said. - show the gap zone (blue one) - fix 'alerts' error {image} {image} {file}
very responsive xixi, if this works, a vouch for you!
If you are good at something, never do it for free--Joker
  • #2,693
  • Jul 17, 2013 10:35am Jul 17, 2013 10:35am
Quoting Madmoney
{quote} Lovely! We're evolving!
Absolutely! Definite lessons since taking on this thread in the last few days:

  1. Don't place a trade until DS zones / ZigZags / BB print valid signals
  2. Be mindful of where price is in relation to zones being born
  3. Be mindful of where price is in relation to recent / maturing zones

And a big congrats and thank you to Eurusdd, Ralome, XiXi for the indicators which make our lives easier!

A pip is only worth it if you know how much you risked to earn it
  • #2,694
  • Jul 17, 2013 10:39am Jul 17, 2013 10:39am
Quoting vlady1974
{quote} Absolutely! Definite lessons since taking on this thread in the last few days: Don't place a trade until DS zones / ZigZags / BB print valid signals Be mindful of where price is in relation to zones being born Be mindful of where price is in relation to recent / maturing zonesAnd a big congrats and thank you to Eurusdd, Ralome, XiXi for the indicators which make our lives easier!
beautiful summary!!!
  • #2,695
  • Jul 17, 2013 11:01am Jul 17, 2013 11:01am
Quoting Eurusdd
{quote} beautiful summary!!!
she is thinking : strike the zone below or go back up and rest above the zone that is about to appear or just play between the two?
She will strike below! The zone we are expecting has a lot of weight.
  • #2,696
  • Jul 17, 2013 11:02am Jul 17, 2013 11:02am
Quoting Eurusdd
{quote} beautiful summary!!!
Thank you sir.... no really. An extra 100+ pips from the techniques in these principles can't thank you enough.
A pip is only worth it if you know how much you risked to earn it
  • #2,697
  • Jul 17, 2013 11:03am Jul 17, 2013 11:03am
I see it.

If this isn't correct then it's very close.

When a dissimilarity zone completes it creates the box. IF price breaks the high or low of that box during the period between similarities it usually clears out the next zone in the direction of the breakout.
  • #2,698
  • Jul 17, 2013 11:06am Jul 17, 2013 11:06am
Quoting vlady1974
{quote} Thank you sir.... no really. An extra 100+ pips from the techniques in these principles can't thank you enough.
Until dis-similarity ends and the zone above appears, we should "buy" with care!!!

This is just like the warning i gave yesterday on selling!!!
  • #2,699
  • Jul 17, 2013 11:08am Jul 17, 2013 11:08am
screenshot
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  • #2,700
  • Jul 17, 2013 11:12am Jul 17, 2013 11:12am
Also, because price did not break the zone between dissimilarities and has now started a new zone it will most likely not break the last zone either.
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