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Similarity: A Practical Approach

  • #221
  • Jul 29, 2013 5:01am Jul 29, 2013 5:01am
Quoting burnssss
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...
I have no maths background but I do think I understand what you're saying. I agree, Eurusdd has set EMA1 as price equality. Theferfore, he is also equating this with Stoch equality IF setting is 300,1,1. But what is ONE MONTH? We had some people have difficulty defining time when you go higher than 15M. I have a feeling there is another equivalent "resonant" time to 300 of the 15M tf. 600? 900? Let's go with 900

900 x 15M = 13500 minutes.
= 225 hours
= 9.375 days. Do we include the Sunday open as part of Monday or separate?
A pip is only worth it if you know how much you risked to earn it
  • #222
  • Jul 29, 2013 5:07am Jul 29, 2013 5:07am
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
Sydney should open at 8am their time which is 11pm your time.
If you are good at something, never do it for free--Joker
  • #223
  • Jul 29, 2013 5:08am Jul 29, 2013 5:08am
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.

Hi Vlady, if u use my market time indicator from my post here : http://www.forexfactory.com/showthre...27#post6851827

maybe more easier to find out the starting of the day.. most of people set beginning of the day from Auckland then Sydney.. etc.
but smaller group think that the day 'start' from where the 'biggest money' in the market came from.. and that is Frankfurt/ London.. market. then goes to New York, then Auckland, Sydney and HK / Tokyo.. most of trend direction changes appear at euro / american market time not at Asian market time.. even for AUDJPY.. lol.
  • #224
  • Jul 29, 2013 5:11am Jul 29, 2013 5:11am
Quoting vlady1974
{quote} I have no maths background but I do think I understand what you're saying. I agree, Eurusdd has set EMA1 as price equality. Theferfore, he is also equating this with Stoch equality IF setting is 300,1,1. But what is ONE MONTH? We had some people have difficulty defining time when you go higher than 15M. I have a feeling there is another equivalent "resonant" time to 300 of the 15M tf. 600? 900? Let's go with 900 900 x 15M = 13500 minutes. = 225 hours = 9.375 days. Do we include the Sunday open as part of Monday or separate?
I think for fractal purity we have to include Sunday in the equation. So the week is from Sunday Sydney open to Friday New York Close. Is there a number that divides evenly through all time frames for that time period?
If you are good at something, never do it for free--Joker
  • #225
  • Jul 29, 2013 5:15am Jul 29, 2013 5:15am
Closed one of my Euro longs for 16pips!!
  • #226
  • Jul 29, 2013 5:18am Jul 29, 2013 5:18am
I guess a month tf the maximum value obtained Hurst, price cycles are closely related and tf be the most responsive to this method, this does not mean that the other tf not served, but they have lower Hurst exponents and explain less price movement. Tf are used to accommodate shorter trading for small traders. Older tf require more money to cope with price swings. Yes I think tf 15 min is also very optimal for trading. But my question now is:
Considering we have two optimal tf eg f5 min and tf one months, we can find a few moments before the node that will be played in TF15 min??
I think so, hence that EURUSDD minutes before approaching a node, shares its strength
  • #227
  • Jul 29, 2013 5:19am Jul 29, 2013 5:19am
Quoting josh11
Closed one of my Euro longs for 16pips!!
If you are good at something, never do it for free--Joker
  • #228
  • Jul 29, 2013 5:21am Jul 29, 2013 5:21am
Quoting juhanimi
{quote} okey, first, ci is like 100% correct with dissim thing we do not need to know why dissim happens, we can use it anyway even if we don`t understand it me thinks, that there is 2 kind of dissim things, but we don`t need what they are we can use them anyway why Eurusdd is talking like he is talking, well, people has difficulties to keep secrets, because every one wants to be a hero, and in this case, all info is all ready given, he is trying to make chaos, because he feels bad, that he could not keep mouth shut, and trying to correct that mistake...
Juhanim, I'm wondering and trying to understand, have you hand drawn the pink zones on your chart? Are they based on dissim with fractal indi that you mention?
  • #229
  • Jul 29, 2013 5:21am Jul 29, 2013 5:21am
Quoting jmn5611
{quote} Sydney should open at 8am their time which is 11pm your time.
he is now on DST mode so 10PM his time zone its Sydney open.
when GOD brings you a challenge he also gives you the power to deal with it
  • #230
  • Jul 29, 2013 5:21am Jul 29, 2013 5:21am
If you remember, we took two graphics EURUSDD r-r-v1 and v2, we compared two tf them and one of them was the possibility that an area previously appeared in the other graph. This mismatch occurs because the f5 min gives more accurate information than TF15 min. In this gap and knowing the node that will be touched can risk a lot because there are many chances of success
  • #231
  • Jul 29, 2013 5:21am Jul 29, 2013 5:21am
Quoting josh11
Closed one of my Euro longs for 16pips!!
Im guessing you took entry at the bullish candle before BB middle band at around 1.3271?

I was looking at taking entry above the middle BB, but hesitated as there a zone above. And the zone has rejected price before.
There is very strong resistance around 1.3292.
  • #232
  • Jul 29, 2013 5:22am Jul 29, 2013 5:22am
Would it be good if the stochdif indicators said in which way the ema and stoch are dissimilar? Just looking at the ema-stoch sometimes it appears the dissimilarity goes from stoch high to stoch low during the same dissimilarity period (relative to the ema), but I can't be sure. Maybe it's a step in the direction to creating the signals in these pictures http://www.forexfactory.com/attachme...6&d=1373286368 (bottom arrows are moments of similarity?)
http://www.forexfactory.com/attachme...2&d=1372758098

If that's the correct thing to do, then we also need to combine all the TFs into it.
  • #233
  • Jul 29, 2013 5:24am Jul 29, 2013 5:24am
Quoting eitan1010
{quote} he is now on DST mode so 10PM his time zone its Sydney open.
Thanks for the correction.
If you are good at something, never do it for free--Joker
  • #234
  • Jul 29, 2013 5:25am Jul 29, 2013 5:25am
Quoting vlady1974
{quote} I have no maths background but I do think I understand what you're saying. I agree, Eurusdd has set EMA1 as price equality. Theferfore, he is also equating this with Stoch equality IF setting is 300,1,1. But what is ONE MONTH? We had some people have difficulty defining time when you go higher than 15M. I have a feeling there is another equivalent "resonant" time to 300 of the 15M tf. 600? 900? Let's go with 900 900 x 15M = 13500 minutes. = 225 hours = 9.375 days. Do we include the Sunday open as part of Monday or separate?
Hi Vlady, I tried a lot of different stoch settings. EURUSDD gave us the settings 300/1/1 for the 15 min and this works best for all longer time frames. I only chanche settings for smaller timeframe 5min. Here I use 900 /1/1. I know we look at different time periods if we doesn't change the stoch settings in the higher timeframes but to convert it down makes no sense I think. For example you should use then Stoch 18/1/1 for the 4H and Stoch 3/1/1 for the Daily. This doesn't work.
  • #235
  • Jul 29, 2013 5:26am Jul 29, 2013 5:26am
Beside similarity, one have to look at other element in PA. Eg S & R , bounce area etc.

Entering position in Demo Account.
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May the force with Arjun
  • #236
  • Jul 29, 2013 5:27am Jul 29, 2013 5:27am
Quoting spufuz
{quote} Im guessing you took entry at the bullish candle before BB middle band at around 1.3271? I was looking at taking entry above the middle BB, but hesitated as there a zone above. And the zone has rejected price before. There is very strong resistance around 1.3292.
Yes that is where I entered

I close one base on PA and will hold one at BE till I see a reversal... I think we will break 1.3292! we will see...

GL
  • #237
  • Jul 29, 2013 5:28am Jul 29, 2013 5:28am
Quoting taypot
{quote} Juhanim, I'm wondering and trying to understand, have you hand drawn the pink zones on your chart? Are they based on dissim with fractal indi that you mention?
yes, by hand, just showing, that what Eurusdd said is true, price respects those levels when trend turns
  • #238
  • Jul 29, 2013 5:28am Jul 29, 2013 5:28am
Quoting Lirbig Nubee
Beside similarity, one have to look at other element in PA. Eg S & R , bounce area etc. Entering position in Demo Account. {image}
Yes, trading-wise I agree... but if you start throwing in these other elements it will confuse the understanding. DS/SM is about dynamic S/R created out of something we are still trying to understand. If we throw in Fibs, Demand/Supply Zones, Pivots, Gann, Trendlines, True Trendlines we will have a mess of a recipe.
A pip is only worth it if you know how much you risked to earn it
  • #239
  • Jul 29, 2013 5:29am Jul 29, 2013 5:29am
Quoting jmn5611
{quote} Sydney should open at 8am their time which is 11pm your time.
As we are now 3 hrs in from London Open can we put high at 1.32931 and low at 1.32657 (in fact LH and LL than Fri)
  • #240
  • Jul 29, 2013 5:32am Jul 29, 2013 5:32am
Quoting mattkirby
{quote} Hi Vlady, I tried a lot of different stoch settings. EURUSDD gave us the settings 300/1/1 for the 15 min and this works best for all longer time frames. I only chanche settings for smaller timeframe 5min. Here I use 900 /1/1. I know we look at different time periods if we doesn't change the stoch settings in the higher timeframes but to convert it down makes no sense I think. For example you should use then Stoch 18/1/1 for the 4H and Stoch 3/1/1 for the Daily. This doesn't work.
Here's a rule I discovered with another fellow Similarity poster.... apologies, can't remember who!


For the template with PRICE/BB and STOCH/BB and the DS Zone Identifier at the bottom.....
Important: you must have these 3 windows panes.

Window 1: PRICE - normal timeframe setting. EMA = 1, Bollinger 24. All timeframes
Window 2: STOCH - CAN ADJUST TO YOUR TIMEFRAME.... so 5M = 900,1,1 / 1H = 75,1,1
Window 3: DS Indicator = DO NOT TOUCH SETTING of 300 periods, 24 periods.... this should work on all timeframes.

Can't remember the post but I think it should be on Post #1 of the thread where Eurusdd updated it with an amended Ralome indicator (v2).
A pip is only worth it if you know how much you risked to earn it
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