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The similarity system

  • #4,721
  • Jul 26, 2013 5:08am Jul 26, 2013 5:08am
Quoting cfdtaleong
Shorted for a quick +10 a little earlier on. Reasons Spotted DS manually expecting zone to resist price ZZ with ema and stoch out of BB ZZ painted at DS area Lvl 3 sem painted R-v1 picked up DS start just after ZZ painted
Nice one!
A pip is only worth it if you know how much you risked to earn it
  • #4,722
  • Jul 26, 2013 5:15am Jul 26, 2013 5:15am
Quoting cfdtaleong
{quote} V I know your analysis for this short than long is lot more holistic than mine. Can you ask your inputs with regards to mine? I shorted due to (3) formed and because the ZZ was fake I remember reading some where that price will move in the previous direction in such a case, small retrace and switched to long thereafter because price will have to move in such a way it creates a valid ZZ.
Just to discuss this mate.... the perenial problem of indicators repainting has made me question and requestion the ZigZag rules.
There are also other ideas and suggestions that have made me modify this more into a "personal" style.

Possibly the biggest idea is the fractal nature of price/time. The "Cloud Atlas" concept as I described FXWrangler's post. He was specifically describing swings during DS but if I peel it back to a more basic form.... without the Similarity Principle..... 1 BAR of 30MIN = 2x 15M = 4x5M etc.

If a signal 3 appears on a higher timeframe, eg. 1H and it is a ZZTOP.... we are due a ZZBOT. That is understood.
But now you must not only apply the rules.... but make sure your synchronisation to the other timeframes is right. ie.
Having a ZZBOT on 5M, 15M, 30M AND 1H makes that ZZBOT very very powerful... something in electronics called "in-phase"...where wavelength tops and bottoms match. When they are out of phase.... one top appears earlier than others, sometimes at the opposite time and this "cancels" out the effect of the movement.

Now I know this makes the "visual tracking" of charts alot harder... but it's what I've been doing in addition to the rules. So when I spot a 1H ZZTOP I frantically try and make a judgement call on the other timeframes.... but still using the BBZZ rules. This is why I can be short and long at the same time.... one of the trades could be for a higher timeframe, another for a smaller timeframe.


Okay... I'm ranting. Coffee time.
A pip is only worth it if you know how much you risked to earn it
  • #4,723
  • Jul 26, 2013 5:23am Jul 26, 2013 5:23am
Quoting vlady1974
We need a new ZZBOT on the 15M. For this to happen, I can see that prices need to move higher in order to reshape the Bollinger upwards - allowing for an "easier" ZZBot to be formed. If it remains flat, we will have a flat zigzag all day until NYC. {image}
Well the market has decided to go flat one more time with a bounce on 15M.
A pip is only worth it if you know how much you risked to earn it
  • #4,724
  • Jul 26, 2013 5:48am Jul 26, 2013 5:48am
Quoting vlady1974
{quote} Nice one!
Can somone help us out;Why is this great tread dying?
  • #4,725
  • Jul 26, 2013 5:56am Jul 26, 2013 5:56am
Quoting dare123
{quote} Can somone help us out;Why is this great tread dying?
Read the recent posts from Eurusdd. He has explained it there.
A pip is only worth it if you know how much you risked to earn it
  • #4,726
  • Jul 26, 2013 5:59am Jul 26, 2013 5:59am
Long on 5M, DS started and ZZBot indicator formed, aggressive trade (did't wait for close outside bb [COBB] confirmation)
Previous DS zone on 5M places resistance at 1.32913
A pip is only worth it if you know how much you risked to earn it
  • #4,727
  • Jul 26, 2013 6:53am Jul 26, 2013 6:53am
Hi guy hope we are all trading well... Haven't posted much lately been really busy testing many thing out....

Still working on a few things but its looking good

good luck
  • #4,728
  • Jul 26, 2013 7:02am Jul 26, 2013 7:02am
Vlady, looks like you are 3 for 3 in predicting the daily direction
  • #4,729
  • Jul 26, 2013 7:05am Jul 26, 2013 7:05am
Quoting shiva
Vlady, looks like your 3 for 3 in predicting the daily direction
LOL... but my set trades were wrong.... another missing piece.

5M and 15M are in sync. current swing ZZBOT... requires a ZZTOP next
1H and above are all ZZTOPS requiring a ZZBOT....

So if the 1H was to create a ZZBOT.... it implies that 15M and below must create a lower bottom. If that occurs within New York and London Close... then it's still wide open.

EDIT:
DS Support coming up at 1.32546... may bounce off that?
A pip is only worth it if you know how much you risked to earn it
  • #4,730
  • Jul 26, 2013 7:21am Jul 26, 2013 7:21am
Quoting vlady1974
{quote} LOL... but my set trades were wrong.... another missing piece. 5M and 15M are in sync. current swing ZZBOT... requires a ZZTOP next 1H and above are all ZZTOPS requiring a ZZBOT.... So if the 1H was to create a ZZBOT.... it implies that 15M and below must create a lower bottom. If that occurs within New York and London Close... then it's still wide open.

Vlady, go ahead and conduct a back-scrolling experiment by observing the below two points.

  1. When the DZ begins, note the previous zigzag state (Hereinafter called PZZS) - Is it ZZT or ZZB?
  2. Now predict the next ZZ-state to be the opposite of the PZZS just before the zone beginning.

Now post your findings and applaud or flay me

  • #4,731
  • Jul 26, 2013 7:25am Jul 26, 2013 7:25am
Quoting vlady1974
{quote} LOL... but my set trades were wrong.... another missing piece. 5M and 15M are in sync. current swing ZZBOT... requires a ZZTOP next 1H and above are all ZZTOPS requiring a ZZBOT.... So if the 1H was to create a ZZBOT.... it implies that 15M and below must create a lower bottom. If that occurs within New York and London Close... then it's still wide open. EDIT: DS Support coming up at 1.32546... may bounce off that?
A lot has gone on here, I have a bit of catching up to do.
  • #4,732
  • Jul 26, 2013 7:30am Jul 26, 2013 7:30am
This is off-topic, one of the indicators is producing giga sized log files i have no idea which one this is, the log file is too huge to be opened by any editor i have. How do I find out which is the resources hogger?
  • #4,733
  • Jul 26, 2013 7:32am Jul 26, 2013 7:32am
Quoting shiva
This is off-topic, one of the indicators is producing giga sized log files i have no idea which one this is, the log file is too huge to be opened by any editor i have. How do I find out which is the resources hogger?
Ever tried treesize software, it's free and it can tell you what is taking up memory.
  • #4,734
  • Jul 26, 2013 7:33am Jul 26, 2013 7:33am
Quoting shiva
{quote} Vlady, go ahead and conduct a back-scrolling experiment by observing the below two points. When the DZ begins, note the previous zigzag state (Hereinafter called PZZS) - Is it ZZT or ZZB? Now predict the next ZZ-state to be the opposite of the PZZS just before the zone beginning.Now post your findings and applaud or flay me
Okay... this is great!

I'm on the 15M.... Each PZZS (Pizzas) alternates! It's not always every DS though.

But if I was to go on the strength of this alternating pattern... then the (3) semafor ZZTOP that appeared today on London Open would be a strong contender for Daily Top... whilst I was projecting a higher top. If I then add the fact that the 1H and higher are not in sync with the 5M and 15M... then I would have made a decision not to place Longs against my Daily Forecast Short....... ie. I was looking for 2 ZZTOPS for the day.

Good thing these are all demo! LOL
A pip is only worth it if you know how much you risked to earn it
  • #4,735
  • Jul 26, 2013 7:33am Jul 26, 2013 7:33am
Aha thanks MM, it can pinpoint the indicator? Or will it tell me its MT4 is the culprit? This I already know
  • #4,736
  • Jul 26, 2013 7:35am Jul 26, 2013 7:35am
Quoting vlady1974
{quote} Okay... this is great! I'm on the 15M.... Each PZZS (Pizzas) alternates! It's not always every DS though. But if I was to go on the strength of this alternating pattern... then the (3) semafor ZZTOP that appeared today on London Open would be a strong contender for Daily Top... whilst I was projecting a higher top. If I then add the fact that the 1H and higher are not in sync with the 5M and 15M... then I would have made a decision not to place Longs against my Daily Forecast Short....... ie. I was looking for 2 ZZTOPS for...

LOL yes, also its quite possible that the next ZZS forms on the very next candle and may just turn around, I notice this happens in very short lived DS zones.
  • #4,737
  • Jul 26, 2013 7:35am Jul 26, 2013 7:35am
Quoting shiva
Aha thanks MM, it can pinpoint the indicator? Or will it tell me its MT4 is the culprit? This I already know
No it gives you the file structure of your computer and it is easy to locate files in programs that maybe collecting a lot of memory.
  • #4,738
  • Jul 26, 2013 7:35am Jul 26, 2013 7:35am
Quoting Madmoney
{quote} No it gives you the file structure of your computer and it is easy to locate files in programs that maybe collecting a lot of memory.

Thanks, googling it already
  • #4,739
  • Jul 26, 2013 7:40am Jul 26, 2013 7:40am
1H and 15M
DS and ZZS (ZigZagState).... testing for alternating pattern at the beginning of a DS Zone
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 80 KB
Click to Enlarge Name: EURUSD15.PNG Size: 70 KB
A pip is only worth it if you know how much you risked to earn it
  • #4,740
  • Jul 26, 2013 7:42am Jul 26, 2013 7:42am
Quoting vlady1974
1H and 15M DS and ZZS (ZigZagState).... testing for alternating pattern at the beginning of a DS Zone {image} {image}
How's it working out for you?
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