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The similarity system

  • #3,561
  • Jul 20, 2013 9:05am Jul 20, 2013 9:05am
Quoting Eurusdd
{image} I made it clear that technical problems will be corrected even if it does not make sense to you.


Guys, i must admit i HAVE to continue to follow this thread. How can i compare to Thomas Edison ? How can i quit now while there is a lot of promesses for my project ?

The most difficult is to summarize all that. It is easy to understand BB + ZZ + Stoch but not really to connect the dots with the dissimilarity zones. And now the new Cyclic indicator... But i found it a little bit late compared to top and bottoms.

Did anyone make backtests on this strategy (without dissimilarity) ?
  • #3,562
  • Jul 20, 2013 9:11am Jul 20, 2013 9:11am
Quoting IFxRobot
{quote} Guys, i must admit i HAVE to continue to follow this thread. How can i compare to Thomas Edison ? How can i quit now while there is a lot of promesses for my project ? The most difficult is to summarize all that. It is easy to understand BB + ZZ + Stoch but not really to connect the dots with the dissimilarity zones. And now the new Cyclic indicator... But i found it a little bit late compared to top and bottoms. Did anyone make backtests on this strategy (without dissimilarity) ?
You can't give up.

This one is for people that are struggling.....
Attached Image (click to enlarge)
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  • #3,563
  • Jul 20, 2013 9:31am Jul 20, 2013 9:31am
Quoting Madmoney
{quote} You can't give up. This one is for people that are struggling..... {image}
Hi Madmoney,

Your image makes me happy .... there's a hope in the future ...
  • #3,564
  • Jul 20, 2013 9:42am Jul 20, 2013 9:42am
Quoting shiva
Easypeasy method. Ever notice how the ZZ AFTER the DS begins is always the bottom/top? {image}
Great observation shiva!
I came close to that observation too though it's weaker. Mine is: if DS appears at upper band, it tends to go down and vice versa, and if it's also a ZZ then it's most likely a top/bottom.
Just wanna note that in few cases, price may reverse very fast.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-07-20-02-eurusd.png Size: 37 KB
  • #3,565
  • Jul 20, 2013 9:48am Jul 20, 2013 9:48am
Quoting xixi
{quote} Great observation shiva! I came close to that observation too though it's weaker. Mine is: if DS appears at upper band, it tends to go down and vice versa, and if it's also a ZZ then it's most likely a top/bottom. Just wanna note that in few cases, price may reverse very fast. {image}
Yes Xi, we are on the same line. AND btw thanks for the new version of your indicator!
The only issue with what I mentioned is, the idea may not be valid if the zone closes very quickly or if the zz has formed a leg but ema has not pierced the BB. Also if the DS begin and a zz leg appears at the same point I would not consider that leg. The next one - if it appears before the return to similarity.
  • #3,566
  • Jul 20, 2013 10:05am Jul 20, 2013 10:05am
Quoting shiva
{quote} Yes Xi, we are on the same line. AND btw thanks for the new version of your indicator! The only issue with what I mentioned is, the idea may not be valid if the zone closes very quickly or if the zz has formed a leg but ema has not pierced the BB. Also if the DS begin and a zz leg appears at the same point I would not consider that leg. The next one - if it appears before the return to similarity.
As I see, if ZZ, DS start, EMA touching the band happen at the same time then it's always a top/bottom.
Look at the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-07-20-03-eurusd.png Size: 34 KB
  • #3,567
  • Jul 20, 2013 10:20am Jul 20, 2013 10:20am
Quoting xixi
{quote} As I see, if ZZ, DS start, EMA touching the band happen at the same time then it's always a top/bottom. Look at the chart. {image}
Bingo and Aha!
  • #3,568
  • Jul 20, 2013 10:41am Jul 20, 2013 10:41am
Hey everyone,

Top class thread here, have finally caught up on all the posts as its the weekend now! Great big thanks to EURUSDD for sharing his interesting principles and getting it our here for all of us to explore and experiment with. Although my wife ins't so happy as all I have been doing is reading the forum after trading hours!

Also great work to Ralome, Xixi and the others who have been developing these indicators, and sharing with everyone else who aren't so adept at coding to get this moving forward! Thanks heaps

MadMoney I am using your original template to scalp in and around the 1M and 5M TF's using mainly CI with a couple of my own twists on a frighteningly successful scale so thanks mate for clarifying some things in the thread early on, I am sure it was great help to all as well as me!

And for everyone else thumbs up for great posts, trades, discussions and an all round great place on FF right now. I hope I can contribute something in the future to the thread and look forward to more great results from across the board!

Six
  • #3,569
  • Jul 20, 2013 11:37am Jul 20, 2013 11:37am
Quoting xixi
{quote} As I see, if ZZ, DS start, EMA touching the band happen at the same time then it's always a top/bottom. Look at the chart. {image}
Thats one more way to trade


Wow just realised I got a vouch. Thanks V!!!!
I want more brain power!
  • #3,570
  • Edited 12:38pm Jul 20, 2013 12:09pm | Edited 12:38pm
Quoting burnssss
So knowing dis-similarity (which is where you should not operate) and the subsequent area, and the point where they will produce rotation, it is easy to get very many winning trades. Currently I think we are in a hybrid system, ie a system that is based on waiting for the price to price monitoring system. From my point of view, without offending anyone, I think we are perfecting a system which is still a little behind and the consequent degradation of the accuracy.


YOUR first point is good!!!


We are not perfecting any system. The principle is already PERFECT. We are only trying to adapt it to the indicators we have right now! Furthermore, I made it clear on page 1 that what I have presented here is THE LEAST of the tools available and I am presenting them in a random/chaotic fashion. Only those who want to go further will get there.
  • #3,571
  • Edited 12:48pm Jul 20, 2013 12:34pm | Edited 12:48pm
Anyway, We are moving the market this weekend: take out 1.31583 on opening!!
  • #3,572
  • Jul 20, 2013 12:47pm Jul 20, 2013 12:47pm
Quoting Eurusdd
Anyway, We are moving the market this weekend: take out 1.31853 on opening!!
You mean 1.31583 sir?
  • #3,573
  • Jul 20, 2013 12:54pm Jul 20, 2013 12:54pm
Quoting shiva
Easypeasy method. Ever notice how the ZZ AFTER the DS begins is always the bottom/top? {image}
YES! That was one of my secrets and I wanted to see if anyone spotted that.Great to see you got it!
A pip is only worth it if you know how much you risked to earn it
  • #3,574
  • Jul 20, 2013 1:02pm Jul 20, 2013 1:02pm
Quoting vlady1974
{quote} YES! That was one of my secrets and I wanted to see if anyone spotted that.Great to see you got it!
Lil help pls, i think it was mention somewhere that a new trend can only start when we have similarity so why are we seeing the opposite?
I want more brain power!
  • #3,575
  • Jul 20, 2013 1:02pm Jul 20, 2013 1:02pm
Quoting xixi
{quote} Great observation shiva! I came close to that observation too though it's weaker. Mine is: if DS appears at upper band, it tends to go down and vice versa, and if it's also a ZZ then it's most likely a top/bottom. Just wanna note that in few cases, price may reverse very fast. {image}
The picture on the left shows the same "technical problem" as 3158. The ZZ Top beginning from the left is INSIDE the BB. This breaks our rules, and creates an extra swing, and also creates a DS...Then shoots back up to try and correct the black hole.
A pip is only worth it if you know how much you risked to earn it
  • #3,576
  • Jul 20, 2013 1:04pm Jul 20, 2013 1:04pm
Quoting cfdtaleong
{quote} Lil help pls, i think it was mention somewhere that a new trend can only start when we have similarity so why are we seeing the opposite?
I don't remember this rule mate.

Trend must originate from a ZZ. Where that ZZ is located is what we're trying to piece together.
I think it's during DS.
A pip is only worth it if you know how much you risked to earn it
  • #3,577
  • Jul 20, 2013 1:09pm Jul 20, 2013 1:09pm
Quoting vlady1974
{quote} YES! That was one of my secrets and I wanted to see if anyone spotted that.Great to see you got it!
And you kept it a secret?
  • #3,578
  • Jul 20, 2013 1:18pm Jul 20, 2013 1:18pm
Quoting vlady1974
{quote} I don't remember this rule mate. Trend must originate from a ZZ. Where that ZZ is located is what we're trying to piece together. I think it's during DS.
Thanks I went back in time and realised I got things mixed up and corrected that DS in my head.


On another note post #184 has a good trade example for study
I want more brain power!
  • #3,579
  • Jul 20, 2013 1:32pm Jul 20, 2013 1:32pm
Quoting xixi
{quote} As I see, if ZZ, DS start, EMA touching the band happen at the same time then it's always a top/bottom. Look at the chart. {image}
In your chart:

1 instance where Trend started from SM (no colour) zone
2 instances where Trend started from DS Beginning (pink)

Lets dissect #2 cos it's easier:

ZZTOP = Short
you stay short until ZZBOT or SM begins - this is the simplest rule to follow (doesn't cover all bases though).
but if you did that, you would have had 3 fake ZZ swing bottoms... But you didn't exit the trade since they didn't cross the BB MID...
FINALLY, a legitimate ZZBOT appears, but you take a LONG as a Hedge. Personally, I would have closed the short at the last fake swing bottom.

Thats it. 2 trades.
no worrying about born/unborn zones.
A pip is only worth it if you know how much you risked to earn it
  • #3,580
  • Jul 20, 2013 1:34pm Jul 20, 2013 1:34pm
Quoting shiva
{quote} And you kept it a secret?
I was keeping it a secret until I understood the Timing better.
There is something more to DS start and end.
A pip is only worth it if you know how much you risked to earn it
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