I don't have fractal math skills, sorry i can't help much !
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Similarity Trading - The ZZBB Method 215 replies
Rainbow similarity 256 replies
Help implementing zigzag similarity concept indicator 0 replies
Similarity Stuff 17 replies
Directional Similarity 0 replies
Disliked... ---- Someone made the comment that the stoch needs to be at extreme ends of its measurement spectrum. Correct! If its scale is say 100 to 70 and it values at 85 AND is outside the BB.... I would say it's a week signal. If it's at 70-75 and outside BB (ie a ZZBOT) it's more powerful. Reverse for the other side. ---- ...Ignored
Disliked{quote} Can you explain this more? Someone else made the comment that the signal was even stronger if it stoch were right at the extreme: 100 for a short or 0 for a long, so why would 70-75 be a stronger signal than 85? (I am assuming you meant for a short--did you mean for a long?)Ignored
Disliked{quote} Sorry mate... I was reading off my IGIndex indicator... which doesn't plot the values as between 0 and 100. It just takes the overall spread over however many bars can fit into the screen then shoves it into that range... 100 to 75 in my case. Basically.... the more extreme that spike is, the more likely the stoch is going to be outside the bollinger. So if I go mobile and can only see via my phone, if the stoch is in the middle of the range I know that it's not outside the BB. If it goes to either extreme top or bottom, I know it must translate...Ignored
DislikedLooking at the 15M, the resistance was strong. But there was no way to know if price would clear it or not. I guess one way to look at it is instead of SL, actually put in a counter trend trade if price reverses and comes out of the zone (green). I'm still holding onto my longs. But looks like my Daily forecast will not be successful. {image}Ignored
Disliked{quote} whats up bro,do u have any daily forecast for tomorrow? Regards, Eitan.Ignored
Disliked{quote} I started last Wed based on comments by Eurusdd. Projections for Daily Candle: Wed = UP = True Thu = UP = True Fri = Down = Draw (really was UP by 0.0004) Mon = UP (currently false) 3/4 or [2/4 + 1 draw] Hahahaha!Ignored
Disliked{quote} I started last Wed based on comments by Eurusdd. Projections for Daily Candle: Wed = UP = True Thu = UP = True Fri = Down = Draw (really was UP by 0.0004) Mon = UP (currently false) 3/4 or [2/4 + 1 draw] Hahahaha!Ignored
Disliked{quote} Here's a BIG HINT for everyone else. The 300EMA and the 50 Line on the BBStoch can be used as a "similarity" device. Another big hint. Look at it on the 1H timeframe. Hopefully you will notice it. Probably need to zoom out alot (another big hint). And it's related to the positioning of price or stoch.... (Gosh, I'm practically giving it to you! )Ignored
DislikedIn strategy 1, the win rate goes up if you only take shorts when the stoch is 90 or higher and longs when the stoch is 10 or less. The total number of trades goes down so will back test to see if this is worth adding.Ignored