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The similarity system

  • #4,461
  • Jul 24, 2013 11:08am Jul 24, 2013 11:08am
Inorbi - unless I've completely lost the plot (which is quite possible cos I'm realy tired) what you are referring to in your illustration is divergence.
  • #4,462
  • Jul 24, 2013 11:09am Jul 24, 2013 11:09am
Oooh I have had my aha moment just now. I have seen the light and its hurting my eyes and head,. May be this is happening because of Mr Jack Daniel. I dunno
  • #4,463
  • Jul 24, 2013 11:10am Jul 24, 2013 11:10am
Quoting shiva
Oooh I have had my aha moment just now. I have seen the light and its hurting my eyes and head,. May be this is happening because of Mr Jack Daniel. I dunno
Please keep being generous and share!
A pip is only worth it if you know how much you risked to earn it
  • #4,464
  • Jul 24, 2013 11:25am Jul 24, 2013 11:25am
Quoting shiva
Oooh I have had my aha moment just now. I have seen the light and its hurting my eyes and head,. May be this is happening because of Mr Jack Daniel. I dunno
shiva, what you mean "Mr. Jack Daniel"???

I thought you were on shiva's regal...
  • #4,465
  • Jul 24, 2013 11:26am Jul 24, 2013 11:26am
Quoting vlady1974
{quote} Please keep being generous and share!
Can't say no to you Vlady
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  • #4,466
  • Jul 24, 2013 11:44am Jul 24, 2013 11:44am
Quoting shiva
{quote} Can't say no to you Vlady {image}
LOL. Luvin' it!
A pip is only worth it if you know how much you risked to earn it
  • #4,467
  • Jul 24, 2013 11:58am Jul 24, 2013 11:58am
Quoting shiva
{quote} Can't say no to you Vlady {image}


a good idea, "cheers"
  • #4,468
  • Jul 24, 2013 12:06pm Jul 24, 2013 12:06pm
Quoting shiva
{quote} Your prayers are answered and then there was much merriment and dancing in the aisles. so it was written.
It was a pure guess, I had 50% chance after all
Every cent earned is one step closer to independence
  • #4,469
  • Jul 24, 2013 12:22pm Jul 24, 2013 12:22pm
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Nice Recovery
An expert is a man who has made all the mistakes which can be made
  • #4,470
  • Jul 24, 2013 12:35pm Jul 24, 2013 12:35pm
Quoting shiva
{quote} Can't say no to you Vlady {image}
what the Dickens has been going on here? Drinking!

Ahhh JD, now you're talking, think I might have one of those while I catch up on this lunacy.
Keep smiling
  • #4,471
  • Jul 24, 2013 12:49pm Jul 24, 2013 12:49pm
15M has now gone below the 300EMA and STOCH below the 50 line.... starting to confirm a change in Higher TF trend?
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A pip is only worth it if you know how much you risked to earn it
  • #4,472
  • Jul 24, 2013 1:03pm Jul 24, 2013 1:03pm
We miss our friend, guide and philosopher Mr EURUSDD. Come back!
  • #4,473
  • Edited 1:24pm Jul 24, 2013 1:05pm | Edited 1:24pm
Quoting lnorbi
{quote} [...] THIS CHANGE IS WHAT WE IDENTIFY AS DISSIMILARITY IN THIS SYSTEM!! [...] {image}
In post 1 I saw that Stoch is good to look for difference in two compatible timeframes. I tried to calculate this and get dissim by filtering diff by standard deviation but it is not in harmony with what RV-1/2 shows. To be honest I tried to make different MTF indicator to compare with RV and check if more dissimilarities can be targeted that way.
Now you say that dissimilarity comes with new higher high over given candles period and ends within 24 candles until new higher high comes.

Looks simple (and I like that), but I have probably missed change in dissimilarity term, please help...
Time matters most
  • #4,474
  • Jul 24, 2013 1:23pm Jul 24, 2013 1:23pm
Quoting mattkirby
purple lines are my wish for price to go.....let's see {image}
Looks like I understand the speech of EURUSD a little bit better now. So enough for today. I'm going for some beer and perhaps I met my friend Jack D. too

See you guys tomorrow. Good luck and green pips.
  • #4,475
  • Jul 24, 2013 1:47pm Jul 24, 2013 1:47pm
Quoting cfdtaleong
{quote} Can i assume then we can say how long price will continue to rise or fall.
No, we can only say how long dissimilarity MAY exist.
Even if you fall on your face, you're still moving forward.
  • #4,476
  • Jul 24, 2013 1:54pm Jul 24, 2013 1:54pm
Quoting blackqn
Now you say that dissimilarity comes with new higher high over given candles period and ends within 24 candles until new higher high comes. Looks simple (and I like that), but I have probably missed change in dissimilarity term, please help...
Given candles period is 300, candle #1 is oldest, candle #300 is current. Highest high of all 300 candles is HH, lowest low of all 300 candles is LL.

Candle #301 will be a dissimilarity candle if:

1. Candle #1 had the LL.
2. Candle #1 had the HH.
3. Candle #301 goes higher than HH.
4. Candle #301 goes lower than LL.

Dissimilarity ends if NONE of the above happens in 24 candles. If ANY of the above happens, you have to wait 24 candles again from that point.
Even if you fall on your face, you're still moving forward.
  • #4,477
  • Jul 24, 2013 1:57pm Jul 24, 2013 1:57pm
Quoting Ralome
{quote} Given candles period is 300, candle #1 is oldest, candle #300 is current. Highest high of all 300 candles is HH, lowest low of all 300 candles is LL. Candle #301 will be a dissimilarity candle if: 1. Candle #1 had the LL. 2. Candle #1 had the HH. 3. Candle #301 goes higher than HH. 4. Candle #301 goes lower than LL. Dissimilarity ends if NONE of the above happens in 24 candles. If ANY of the above happens, you have to wait 24 candles again from that point.
Ah hah!
I want more brain power!
  • #4,478
  • Jul 24, 2013 2:02pm Jul 24, 2013 2:02pm
Quoting Ralome
{quote} Given candles period is 300, candle #1 is oldest, candle #300 is current. Highest high of all 300 candles is HH, lowest low of all 300 candles is LL. Candle #301 will be a dissimilarity candle if: 1. Candle #1 had the LL. 2. Candle #1 had the HH. 3. Candle #301 goes higher than HH. 4. Candle #301 goes lower than LL. Dissimilarity ends if NONE of the above happens in 24 candles. If ANY of the above happens, you have to wait 24 candles again from that point.
Thanks, Is it what your indi does?
Time matters most
  • #4,479
  • Jul 24, 2013 2:03pm Jul 24, 2013 2:03pm
Quoting Ralome
{quote} Given candles period is 300, candle #1 is oldest, candle #300 is current. Highest high of all 300 candles is HH, lowest low of all 300 candles is LL. Candle #301 will be a dissimilarity candle if: 1. Candle #1 had the LL. 2. Candle #1 had the HH. 3. Candle #301 goes higher than HH. 4. Candle #301 goes lower than LL. Dissimilarity ends if NONE of the above happens in 24 candles. If ANY of the above happens, you have to wait 24 candles again from that point.
Perfect and simple explanation. This is exactly it.
  • #4,480
  • Jul 24, 2013 2:50pm Jul 24, 2013 2:50pm
Quoting Ralome
{quote} Given candles period is 300, candle #1 is oldest, candle #300 is current. Highest high of all 300 candles is HH, lowest low of all 300 candles is LL. Candle #301 will be a dissimilarity candle if: 1. Candle #1 had the LL. 2. Candle #1 had the HH. 3. Candle #301 goes higher than HH. 4. Candle #301 goes lower than LL. Dissimilarity ends if NONE of the above happens in 24 candles. If ANY of the above happens, you have to wait 24 candles again from that point.
One more question,

Candle #1, not any of next 300 ones? Looks I misssed some posts. Then knowing Where HH/LL was we are able to predict next possible (optional) dissim?

Thus candle #1, has it be the highest/lowest of next 299?

I Assume that conditions 1 and 3 or 2 and 4 must apply, is that right?

And what about Stochs mentioned in 1st post? Has the way of dissim detection evolved or?
Time matters most
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