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The similarity system

  • #3,201
  • Jul 19, 2013 3:36am Jul 19, 2013 3:36am
Quoting taypot
Morning All, Great to see my long closed at 13149 while I was asleep!!!! Thanks EURUSDD. My homework paid off. I am still comparing charts as EURUSDD suggested. No one is talking about this so I keep bringing it up until you all tell me its not valid. here are his words from yesterday am.... If you want to use them, you will have to open two 15min charts side by side and install the indicators; one indicator to a chart. The rule is very simple: 1: When one indicator shows start of dis-similarity and the other doesn't, the zone that will be created...
You are doing fine. The small green zone on the left is the one to look at in the short-term!
  • #3,202
  • Jul 19, 2013 3:36am Jul 19, 2013 3:36am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting taypot
Morning All, Great to see my long closed at 13149 while I was asleep!!!! Thanks EURUSDD. My homework paid off. I am still comparing charts as EURUSDD suggested. No one is talking about this so I keep bringing it up until you all tell me its not valid. here are his words from yesterday am.... If you want to use them, you will have to open two 15min charts side by side and install the indicators; one indicator to a chart. The rule is very simple: 1: When one indicator shows start of dis-similarity and the other doesn't, the zone that will be created...

Thanks for raising this...
It would seem that the last zone to be created just below the current price does not meet either of these criteria. So is it a valid zone?

Would like to hear other thoughts....
An expert is a man who has made all the mistakes which can be made
  • #3,203
  • Jul 19, 2013 3:37am Jul 19, 2013 3:37am
Quoting Neio
{quote} Thanks for raising this... It would seem that the last zone to be created just below the current price does not meet either of these criteria. So is it a valid zone? Would like to hear other thoughts....
Yes!!!!
  • #3,204
  • Jul 19, 2013 3:40am Jul 19, 2013 3:40am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} Yes!!!!
Lol was that a Yes!!! to my comment or a Yes!!! it is a valid zone.....

An expert is a man who has made all the mistakes which can be made
  • #3,205
  • Jul 19, 2013 3:41am Jul 19, 2013 3:41am
Quoting Eurusdd
The only problem I have with price comes from the STOC-BB-ZZ method. There is a problem at 1.31583. There is >97% chance that the problem will be corrected. So without any reason price can just push there, correct it and jump down again!
Eurusdd, can you share a little bit more ?

How can you know this is a "technical problem" ?

Thanks.
  • #3,206
  • Jul 19, 2013 3:42am Jul 19, 2013 3:42am
Quoting Neio
{quote} Lol was that a Yes!!! to my comment or a Yes!!! it is a valid zone.....
yes to validity.
  • #3,207
  • Jul 19, 2013 3:43am Jul 19, 2013 3:43am
Quoting Eurusdd
{quote} You are doing fine. The small green zone on the left is the one to look at in the short-term!
Thank you for confirming EURUSDD, I thought I had misunderstood you as no one else is doing this, so this is good.

Studying the charts I have just had a Eureka moment which makes me think The higher figure with the technical problem may be revisited before a fall as there is no new dis zone starting up there on the second chart but i need to think some more, just wanted to reply to you.
  • #3,208
  • Jul 19, 2013 3:43am Jul 19, 2013 3:43am
Quoting taypot
Morning All, Great to see my long closed at 13149 while I was asleep!!!! Thanks EURUSDD. My homework paid off. I am still comparing charts as EURUSDD suggested. No one is talking about this so I keep bringing it up until you all tell me its not valid. here are his words from yesterday am.... If you want to use them, you will have to open two 15min charts side by side and install the indicators; one indicator to a chart. The rule is very simple: 1: When one indicator shows start of dis-similarity and the other doesn't, the zone that will be created...
hmm, I do not have two different zones on both charts, only the green one appears on both charts at the same time.
  • #3,209
  • Jul 19, 2013 3:45am Jul 19, 2013 3:45am
Quoting Forex Lion
{quote} hmm, I do not have two different zones on both charts, only the green one appears on both charts at the same time.
don't worry. We do not have to see the same thing. What you broker gives you is ok!
  • #3,210
  • Jul 19, 2013 3:51am Jul 19, 2013 3:51am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} yes to validity.

OK but based on below.

1. Both zones started at the same time. So this is not valid.
2. The zones appeared at different times and no zones have been taken out. So this is not valid.

Am I missing something?


1: When one indicator shows start of dis-similarity and the other doesn't, the zone that will be created is a very good target.
2: When both charts show dis-similarity bars at the same time, the zones do not appear at the same time AND one zone is taken out before the other one appears on the other chart, then that zone is a very good target.
An expert is a man who has made all the mistakes which can be made
  • #3,211
  • Jul 19, 2013 3:54am Jul 19, 2013 3:54am
Gents, I also spent some time with Excel and math, studying what we are exactly looking at.
I tend to believe, based on my investigations, that the ONLY thing that can cause dissimilarity is a change in the lowest/highest price for the last 300 bars. In other words, the dissimilarity we see today reflects changes from 300 bars back.
Whatever price does at the point of dissimilarity is simply irrelevant.

I'm currently doing simulations in Excel / Matlab to prove it, and I'm yet to find a way to cause dissimilarity by changing current price.

EDIT: one exception of course -> if current price is the one changing the lowest low / highest high of the last 300 bars.
  • #3,212
  • Jul 19, 2013 3:55am Jul 19, 2013 3:55am
Quoting Neio
{quote} OK but based on below. 1. Both zones started at the same time. So this is not valid. 2. The zones appeared at different times and no zones have been taken out. So this is not valid. Am I missing something? 1: When one indicator shows start of dis-similarity and the other doesn't, the zone that will be created is a very good target. 2: When both charts show dis-similarity bars at the same time, the zones do not appear at the same time AND one zone is taken out before the other one appears on the other chart, then that zone is a very good...
look at the chart again. There is a small green on top; left picture!!!
  • #3,213
  • Jul 19, 2013 3:58am Jul 19, 2013 3:58am
Quoting lnorbi
Gents, I also spent some time with Excel and math, studying what we are exactly looking at. I tend to believe, based on my investigations, that the ONLY thing that can cause dissimilarity is a change in the lowest/highest price for the last 300 bars. In other words, the dissimilarity we see today reflects changes from 300 bars back. Whatever price does at the point of dissimilarity is simply irrelevant. I'm currently doing simulations in Excel / Matlab to prove it, and I'm yet to find a way to cause dissimilarity by changing current price.
That is the problem with your guys!!!
Did you read the part that said :"I did not GIVE Ralome the formula to IDENTIFY true dis-similarity bars" and " Ralome's indicator identifies only 60% of true dis-similarity bars". It is the best indicator(closest thing) we have that comes close to what MY TEAM USES( I am not going to share that with you though).!!!

Your proof will be irrelevant!!! Don't waste your time!
  • #3,214
  • Jul 19, 2013 4:01am Jul 19, 2013 4:01am
Quoting Eurusdd
{quote} look at the chart again. There is a small green on top; left picture!!!
Yes, I think that was the 'very good target you mention.


1: When one indicator shows start of dis-similarity and the other doesn't, the zone that will be created is a very good target.


But do you mean


1: When one CHART shows start of dis-similarity and the other doesn't, the zone that will be created is a very good target.
  • #3,215
  • Jul 19, 2013 4:01am Jul 19, 2013 4:01am
Closed short at 1.3114 on ZZ leg completion. +21

Probably left some on the table, but I will take it. Friday and tight range on Eu.
  • #3,216
  • Jul 19, 2013 4:02am Jul 19, 2013 4:02am
Quoting taypot
{quote} Yes, I think that was the 'very good target you mention. 1: When one indicator shows start of dis-similarity and the other doesn't, the zone that will be created is a very good target. But do you mean 1: When one CHART shows start of dis-similarity and the other doesn't, the zone that will be created is a very good target.
I think your region was taken-out!!!
  • #3,217
  • Jul 19, 2013 4:03am Jul 19, 2013 4:03am
Quoting Eurusdd
{quote} Anyway, I never said something like that. CAN you show me?
I will try to find it to clear up the confusion, I think a couple of others were thinking along the same lines as me too. And don't take it as a criticism (incase you did) as it is not, I'm just confused.

I'm also Up 20 pips on a short too hahahah, which, confusion aside, I seem to be winning quite consistently with this stuff.

Daz.
Keep smiling
  • #3,218
  • Jul 19, 2013 4:04am Jul 19, 2013 4:04am
Quoting Misterdaz
{quote} I will try to find it to clear up the confusion, I think a couple of others were thinking along the same lines as me too. And don't take it as a criticism (incase you did) as it is not, I'm just confused. I'm also Up 20 pips on a short too hahahah, which, confusion aside, I seem to be winning quite consistently with this stuff. Daz.
I understand. I said this move - up spin - is to correct a technical problem and so it will not make sense!!! I love objective criticisms. We are learning!
  • #3,219
  • Jul 19, 2013 4:04am Jul 19, 2013 4:04am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} look at the chart again. There is a small green on top; left picture!!!
I see...I do not have that on my charts with Alpari or FxPro.

The zone below that at 1.3101 was what I was referring too. Is this one valid?
An expert is a man who has made all the mistakes which can be made
  • #3,220
  • Jul 19, 2013 4:04am Jul 19, 2013 4:04am
Quoting Eurusdd
{quote} I think your region was taken-out!!!
LOL YES!!!!!!!!!!!!!!! And so quick... A WINDOW... GENIUS...
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