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Similarity: A Practical Approach

  • #201
  • Jul 29, 2013 4:32am Jul 29, 2013 4:32am
Quoting handy148
Has anyone considered simple divergence when price and stoch are out of kilter?
i looked that friday with stoch 8-3-3 when i had stoch 24-1-1 in use in eu m15, looks good to trade towards dissim
  • #202
  • Jul 29, 2013 4:34am Jul 29, 2013 4:34am
Quoting josh11
{quote} Hi mate something I thought I would share with you.... If you look at the first three hours from london open you will see that most of the time the hi or low of the day is set.... So if we can identify either the hi or low of the day we can trade away either to set targets or ATR.... HOD= High of day LOD= Low of the day {image}
The difficulty here is "what is a Day"?
On your charts, some of the LODs are not..low of the day, but Low of the London TF that you are watching.... not saying you're wrong but the definition of your timeframe will influence your triggers. Eg. 25th of July, that spike up/down was broken topside for the real high of the day. How would you trade that? I remember that day. I predicted UP. So really.... you're London open timeframe isn't a day... but perhaps Franfurt + London.... 6 hour timeframe?
A pip is only worth it if you know how much you risked to earn it
  • #203
  • Jul 29, 2013 4:35am Jul 29, 2013 4:35am
Quoting juhanimi
{quote} i looked that friday with stoch 8-3-3 when i had stoch 24-1-1 in use in eu m15, looks good to trade towards dissim
What does 8,3,3 actually mean...Besides the 8 periods?
A pip is only worth it if you know how much you risked to earn it
  • #204
  • Jul 29, 2013 4:36am Jul 29, 2013 4:36am
hello vlady,base on what u did your daily forecast on EU for up day?can u explaine please?

thanks

Eitan.
when GOD brings you a challenge he also gives you the power to deal with it
  • #205
  • Jul 29, 2013 4:40am Jul 29, 2013 4:40am
Quoting eitan1010
hello vlady,base on what u did your daily forecast on EU for up day?can u explaine please? thanks Eitan.
Not yet. Need a sample size of 5 trading days. I may make this 8 as I started last Wed. So I will give the full explanation next Sun/Monday.
But I have mentioned that I use only the Similarity measurements provided by Eurusdd... nothing extra: no MACD, candlestick, RSI, blah blah, nothing.
He said, everything is on the chart:

ZZ
BB PRICE
BB STOCH
EMA

Thats it.
A pip is only worth it if you know how much you risked to earn it
  • #206
  • Jul 29, 2013 4:40am Jul 29, 2013 4:40am
Here the 5min from today to show that there is a active zone clearing and it works. And also how the zones act as S/R.

If you guys think I'm doing something differtent like the idea of the thread and it doesnt help here just say a word and I do not longer post my ideas here.

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  • #207
  • Jul 29, 2013 4:42am Jul 29, 2013 4:42am
Quoting mattkirby
Here the 5min from today to show that there is a active zone clearing and it works. And also how the zones act as S/R. If you guys think I'm doing something differtent like the idea of the thread and it doesnt help here just say a word and I do not longer post my ideas here. {image}

Keep posting. Every idea that is relevant to the topic has merit in this room.
If you are good at something, never do it for free--Joker
  • #208
  • Jul 29, 2013 4:44am Jul 29, 2013 4:44am
Quoting vlady1974
{quote} The difficulty here is "what is a Day"? On your charts, some of the LODs are not..low of the day, but Low of the London TF that you are watching.... not saying you're wrong but the definition of your timeframe will influence your triggers. Eg. 25th of July, that spike up/down was broken topside for the real high of the day. How would you trade that? I remember that day. I predicted UP. So really.... you're London open timeframe isn't a day... but perhaps Franfurt + London.... 6 hour timeframe?
A lot of traders I know start the day with the Sydney open and end the day with the New York close.
If you are good at something, never do it for free--Joker
  • #209
  • Jul 29, 2013 4:45am Jul 29, 2013 4:45am
Quoting vlady1974
{quote} Not yet. Need a sample size of 5 trading days. I may make this 8 as I started last Wed. So I will give the full explanation next Sun/Monday. But I have mentioned that I use only the Similarity measurements provided by Eurusdd... nothing extra: no MACD, candlestick, RSI, blah blah, nothing. He said, everything is on the chart: ZZ BB PRICE BB STOCH EMA Thats it.
ok buddy thanks for your respons, i wish u good luck with your test,waiting for your updet/will follow u

peace

Eitan.
when GOD brings you a challenge he also gives you the power to deal with it
  • #210
  • Jul 29, 2013 4:45am Jul 29, 2013 4:45am
Quoting mattkirby
Here the 5min from today to show that there is a active zone clearing and it works. And also how the zones act as S/R. If you guys think I'm doing something differtent like the idea of the thread and it doesnt help here just say a word and I do not longer post my ideas here. {image}
You're good Matt. It's actually great that you're doing it manually. If I had more time I would do it manually as well as you get the nuances that computers remove from the human perspective.

Keep it up!

EDIT:
Here's a challenge: If you stick to the 5M > 15M > 1H (3 TFs only). Trade in the direction opposite to the ZZ signal that is fully resolved on all timeframes.
Hint - the 1H ZZTOP is a fake b/c it is in the middle of the bollinger band... therefore it will repaint with higher target > look towards the shape of the Bollinger to give you options of where price could be. I think it's around 1.3309. Got (demo) SELL LIMIT at 3316.
A pip is only worth it if you know how much you risked to earn it
  • #211
  • Jul 29, 2013 4:46am Jul 29, 2013 4:46am
Quoting jmn5611
{quote} A lot of traders I know start the day with the Sydney open and end the day with the New York close.

yes bro this is my style too..
when GOD brings you a challenge he also gives you the power to deal with it
  • #212
  • Jul 29, 2013 4:47am Jul 29, 2013 4:47am
Quoting jmn5611
{quote} A lot of traders I know start the day with the Sydney open and end the day with the New York close.
When is Sydney open? Is that 2 hrs + from HK open? Perhaps someone can provide a matrix? I guess this is key of Time dictates the number of analysis units LOL.
A pip is only worth it if you know how much you risked to earn it
  • #213
  • Jul 29, 2013 4:47am Jul 29, 2013 4:47am
Quoting vlady1974
{quote} What does 8,3,3 actually mean...Besides the 8 periods?
8 is the moving average of periods

3 is the smoothing average of the 8 period moving average( this is the first line plotted)

The other 3 is for the second line, which a three period average of the first line.
If you are good at something, never do it for free--Joker
  • #214
  • Jul 29, 2013 4:47am Jul 29, 2013 4:47am
Quoting vlady1974
{quote} The difficulty here is "what is a Day"? On your charts, some of the LODs are not..low of the day, but Low of the London TF that you are watching.... not saying you're wrong but the definition of your timeframe will influence your triggers. Eg. 25th of July, that spike up/down was broken topside for the real high of the day. How would you trade that? I remember that day. I predicted UP. So really.... you're London open timeframe isn't a day... but perhaps Franfurt + London.... 6 hour timeframe?
I understand what you are saying but you need to look deeper.....

from london open the hi or the low of the day from that point will be set in the first three hours!!

Back test and you might just find something....

Good luck
  • #215
  • Jul 29, 2013 4:48am Jul 29, 2013 4:48am
Quoting vlady1974
{quote} When is Sydney open? Is that 2 hrs + from HK open? Perhaps someone can provide a matrix? I guess this is key of Time dictates the number of analysis units LOL.
Where is your location relative to GMT?
If you are good at something, never do it for free--Joker
  • #216
  • Jul 29, 2013 4:52am Jul 29, 2013 4:52am
Quoting josh11
{quote} I understand what you are saying but you need to look deeper..... from london open the hi or the low of the day from that point will be set in the first three hours!! Back test and you might just find something.... Good luck
Thanks Josh, I'll take a deeper look and think about what you're saying. There's definitely something in it.
A pip is only worth it if you know how much you risked to earn it
  • #217
  • Jul 29, 2013 4:53am Jul 29, 2013 4:53am
Quoting vlady1974
{quote} When is Sydney open? Is that 2 hrs + from HK open? Perhaps someone can provide a matrix? I guess this is key of Time dictates the number of analysis units LOL.
its 3 hours before HK
when GOD brings you a challenge he also gives you the power to deal with it
  • #218
  • Jul 29, 2013 4:53am Jul 29, 2013 4:53am
Quoting jmn5611
{quote} Where is your location relative to GMT?
I am in London. We're on British summertime (BST) as well. So, GMT now is 9.52am, BST is 10.52am
A pip is only worth it if you know how much you risked to earn it
  • #219
  • Jul 29, 2013 4:53am Jul 29, 2013 4:53am
Vlady very good reflections and explanations. the best must file tf similarity and dis-similarity should be monthly. I think that is what is most persistent and thus containing higher Hurst exponent. If you remember, the first templates that were also published monthly EURUSDD. to develop the equations necessary the expression of stoch, and introduce optimal parameters. I think it's possible but put it all together and superimpose different mt4 platform. I have worked with MATLAB and you may do this. Begin to appear important concepts for the principle of similarity.
Obstantes not think you need something else to predict. By using the value of stochastic noise is to eliminate price, so I think the price is represented by EMA1 equality. The answer is still delayed because the points of intersection will know later. So I think the system is EURUSDD DELAY prediction equations such points: these equations may be differential or regressions if they approach a straight line.
  • #220
  • Jul 29, 2013 4:58am Jul 29, 2013 4:58am
Quoting vlady1974
{quote} I am in London. We're on British summertime (BST) as well. So, GMT now is 9.52am, BST is 10.52am
OK,sydney open at 10pm your time zone,HK open at 1am your time zone UK OPEN...well u know i guess and US open at 1pm your time zone

wish u G/L
hope i helpping here..

Eitan
when GOD brings you a challenge he also gives you the power to deal with it
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