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The similarity system

  • #4,001
  • Jul 22, 2013 12:55pm Jul 22, 2013 12:55pm
Quoting vlady1974
{quote} Quick question... is the semaphor indi #2 blob meant to coincide with 5M timeframe?
You are right, well spotted, forgotten I'd changed it, and didn't trade today, so didn't notice. The semafor is default settings here (i.e.5), i did change to 300 (as per following advice) and it cuts out the smaller spots.
Quoting Eurusdd (http://www.forexfactory.com/showthread.php?p=6800755#post6800755)
{quote} If you are using stoch(60-1-1), stoch(30-1-1) and stoch(15-1-1) then your semafor will be period1=60, period2=30, period3=15!!!


.
  • #4,002
  • Jul 22, 2013 1:03pm Jul 22, 2013 1:03pm
Quoting FXWrangler
I suppose we'll see if my observations of DS zones holds any water. Looking forward to trying out the indicator.
If you mean this:

Quoting FXWrangler
It appears that a DS can only be created when the highest high or lowest swing drops out of the 300 bar range.
Then my small tests in the strategy tester confirm this. And the other possibility is of course a new highest high/lowest low coming in.

This is not true though for R-V2. I'll try to find an example later.
Even if you fall on your face, you're still moving forward.
  • #4,003
  • Jul 22, 2013 1:19pm Jul 22, 2013 1:19pm
Quoting Eurusdd
EURUSD can shoot up this month. A case in point is on this monthly chart! The sections circled are important. WATCH THE WAY THEY DEVELOP.{image}
Attached Image



hi
i just wondering after that chart image and Eurusdd said in the next post
"hOWEVER SINCE stoch must follow price and we expect similarity in the future, the stoch may be forced to drop to meet price just like the case above!!!! TRADE WITH PURPOSE!!!"

its a buy or sell signal.
can eurusdd or madmoney please clear it up for me.
thanks alot
  • #4,004
  • Jul 22, 2013 1:36pm Jul 22, 2013 1:36pm
Quoting Ralome
Sooo, here's another toy for you to play with Big shouts once again to PiPtHiEf and FXWrangler! Changes in 2.30 bit of bugfixing (no refreshing problem encountered by some should be gone) removed some sidetracking functions (go back to old versions if you wish to experiment) you may choose to display zone lifetime in trading days (=weekend excluded) a forecast option is available to show POSSIBLE future zones Disclaimers about the forecast option: The "engine" is equivalent to R-V1. The forecast will change if a new highest high/lowest...
Many thanks Ralome...wonderful

just a quick screen-shot:
Attached Image (click to enlarge)
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  • #4,005
  • Jul 22, 2013 1:52pm Jul 22, 2013 1:52pm
Quoting fredgold3434
{quote} {image} hi i just wondering after that chart image and Eurusdd said in the next post "hOWEVER SINCE stoch must follow price and we expect similarity in the future, the stoch may be forced to drop to meet price just like the case above!!!! TRADE WITH PURPOSE!!!" its a buy or sell signal. can eurusdd or madmoney please clear it up for me. thanks alot
Allow me...the answer is both. "hOWEVER SINCE stoch must follow price and we expect similarity in the future, the stoch may be forced to drop to meet price just like the case above!!!! so obviously sell. Why then was price shooting up mentioned? Read up ZZ legs and 1 ema at BBs. The better question is which one first

price leads
I want more brain power!
  • #4,006
  • Jul 22, 2013 2:03pm Jul 22, 2013 2:03pm
Quoting cfdtaleong
{quote} Allow me...the answer is both. "hOWEVER SINCE stoch must follow price and we expect similarity in the future, the stoch may be forced to drop to meet price just like the case above!!!! so obviously sell. Why then was price shooting up mentioned? Read up ZZ legs and 1 ema at BBs. The better question is which one first price leads
A pip is only worth it if you know how much you risked to earn it
  • #4,007
  • Edited 4:30pm Jul 22, 2013 3:46pm | Edited 4:30pm
Do not reply to this thread till 10PM GMT Monday!!!!

The Cycle-Identifier Indicator: what you should know!!!
  • #4,008
  • Edited 4:51pm Jul 22, 2013 4:06pm | Edited 4:51pm
Attached Image
There are two parameters you should pay attention to:
1: Length. This one can be used to pick TOPS/BOTTOMS. But most people use it in the wrong way and then complain that the indicator is useless.
This one repaints a lot because it is supposed to appear after a new high/low is established!!! However, you can trade this very well if you understand one little point! If you have the right settings, the LENGTH is supposed to produce a spike only when price is on the right side of the correct corresponding EMA. Picture below: (Notice an up/down spike is valid if and only if price is above/below the correct EMA) Any spike that does not agree with price correctly is suspect!
Attached Image (click to enlarge)
Click to Enlarge Name: 4.PNG Size: 59 KB


2: Priceactionfilter : This is sensitive to the EMA and cannot be used to pick tops/bottoms but confirm them with the passage of price over a selected EMA.


If you use the setting X-1-4, then the CI will show a spike when price is about to cross the X-EMA, almost surely. The CI will re-paint if price fails to cross-over and goes on the take-out the immediate past high or low. Therefore, if Length is set to 1, you cannot pick tops and bottom with PAF but confirm them. When price crosses over completely, then the probability that the spike will repaints reduces by 50% because any major cross-over the EMA again will create a new spike most of the time!
Attached Image (click to enlarge)
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Therefore, do not use the PAF to pick tops/bottoms.

The two settings are chosen so that the spike for PAF always appear after a spike for LENGTH. This is a delicate set-up.

Notice that the EMAs in the two pictures are different but the SPIKES for PAF and LENGTH are in perfect sync!!! You need to construct such a setup in order to establish proper windows!!!

Notice in the second picture that LENGTH produces spikes that are in sync with the DOTS and the EMA!!! Similarity that will give away windows at the right times. In this history, there are 342 dots and spikes in agreement like this. There is NO disagreement. That means I was able to let the dots and spikes agree almost 100% of the time: I hope you know what that means!!!

So, it is possible to know which spikes MUST-REPAINT with certainty!!!
  • #4,009
  • Jul 22, 2013 4:37pm Jul 22, 2013 4:37pm
Quoting Eurusdd
{image} There are two parameters you should pay attention to: 1: Length. This one can be used to pick TOPS/BOTTOMS. But most people use it in the wrong way and then complain that the indicator is useless. This one repaints a lot because it is supposed to appear after a new high/low is established!!! However, you can trade this very well if you understand one little point! If you have the right settings, the LENGTH is supposed to produce a spike only when price is on the right side of the correct corresponding EMA. Picture below: (Notice...

Need to work on my parameters! I'll let people know if I work it out.
  • #4,010
  • Jul 22, 2013 4:48pm Jul 22, 2013 4:48pm
Quoting Madmoney
{quote} Need to work on my parameters! I'll let people know if I work it out.
Way to go!!!
  • #4,011
  • Jul 22, 2013 5:04pm Jul 22, 2013 5:04pm
I think the EMA is 32
Every cent earned is one step closer to independence
  • #4,012
  • Jul 22, 2013 5:08pm Jul 22, 2013 5:08pm
Quoting MarsjeNL
I think the EMA is 32
Nope.

It's 10 EMA
  • #4,013
  • Jul 22, 2013 5:10pm Jul 22, 2013 5:10pm
Quoting Madmoney
{quote} Nope. It's 10 EMA
yes 10 EMA
  • #4,014
  • Jul 22, 2013 5:11pm Jul 22, 2013 5:11pm
I have a 6 EMA and a fairly filtering cycle
  • #4,015
  • Jul 22, 2013 5:20pm Jul 22, 2013 5:20pm
thanks Eurusdd

maybe ema is 24
  • #4,016
  • Jul 22, 2013 5:28pm Jul 22, 2013 5:28pm
pictures above for illustration purposes only.
  • #4,017
  • Jul 22, 2013 5:31pm Jul 22, 2013 5:31pm
Quoting Eurusdd
pictures above for illustration purposes only.
Now I'm thrown off.....
  • #4,018
  • Jul 22, 2013 5:32pm Jul 22, 2013 5:32pm
okey, here is ema 10 and CI 10, eurusd m5
and taking trades only with trend, looks good
Attached Image (click to enlarge)
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  • #4,019
  • Jul 22, 2013 5:32pm Jul 22, 2013 5:32pm
Quoting Eurusdd
pictures above for illustration purposes only.

Hahaha I just found out the ci is probably 10-1-4
Every cent earned is one step closer to independence
  • #4,020
  • Jul 22, 2013 5:32pm Jul 22, 2013 5:32pm
i think i understand and imagine what Eurusdd said...
Attached Image (click to enlarge)
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