Similarity: A Practical Approach | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Similarity: A Practical Approach
Exit Attachments

Similarity: A Practical Approach

  • #481
  • Aug 1, 2013 6:00am Aug 1, 2013 6:00am
Quoting bulent
{quote} Ha Thank you very much for your explanetion. Could you please say us which parameter use ZZ OR SEMAFOR? Best Regards. Bülent .
Hi,

Apologies for the omission:

ZZ = 24,5,3
Semafor = Default. But if you wanted a super clean chart, change Zone 3 to 24 and the corresponding setting to 5,3 or 1,1 - they will then match the ZZ.
A pip is only worth it if you know how much you risked to earn it
  • #482
  • Aug 1, 2013 6:24am Aug 1, 2013 6:24am
wanted to ask one thing: when we EMA1 window and BB and in window 2 have stochastic and BB with the configurations indicated depending on the TF, two windows to compare, compare different timeframes? for example 5m and 15m?
I think I messed up a bit.
  • #483
  • Aug 1, 2013 6:43am Aug 1, 2013 6:43am
Quoting burnssss
wanted to ask one thing: when we EMA1 window and BB and in window 2 have stochastic and BB with the configurations indicated depending on the TF, two windows to compare, compare different timeframes? for example 5m and 15m? I think I messed up a bit.
If you're doing it visually and not using Ralome's or Xixi's indicator, then yes you have to scale the 2 timeframes back to the same equivalent.

Base = 300 bars and Bollinger period for 24.
Base time = 4500 minutes (??? I don't know what reason this number was used.... optimised for EURUSD? Dunno... he never said)

Therefore....
15M = 300 bars
05M = 900 bars
60M = 75 bars

Also, from a purely mathematical point of view.... I also don't know why the period 24 was used in the Bollinger.
If EMA1 is bollingered to 24 periods.... are we not representing the moving average of 24 time bars?
A pip is only worth it if you know how much you risked to earn it
  • #484
  • Aug 1, 2013 6:45am Aug 1, 2013 6:45am
Quoting burnssss
wanted to ask one thing: when we EMA1 window and BB and in window 2 have stochastic and BB with the configurations indicated depending on the TF, two windows to compare, compare different timeframes? for example 5m and 15m? I think I messed up a bit.
Hi Burnssss, if i'm not wrong, compare window 0 ema1 and bb24 with window 1 stoch 75.1.1 ( me 72.1.1) and bb24 on stoch..


Attached Image (click to enlarge)
Click to Enlarge Name: 20130801-204142 EU H1 compare window 0 ema1-bb24 and window 1 stoch 72-bb24.jpg Size: 486 KB
  • #485
  • Aug 1, 2013 6:51am Aug 1, 2013 6:51am
Quoting vlady1974
{quote} Hi, Apologies for the omission: ZZ = 24,5,3 Semafor = Default. But if you wanted a super clean chart, change Zone 3 to 24 and the corresponding setting to 5,3 or 1,1 - they will then match the ZZ.
Thank you very much.
Bülent.
  • #486
  • Aug 1, 2013 6:53am Aug 1, 2013 6:53am
Right. I wondered what I think I'm rolling and now I need the specific concept of how to study similarity dis similarities.
I if one side I have TF15 min. Study the similarity in this timeframe with EMA1 and STOCHASTIC (300,1,1)
On the other hand tenfo 1H tf. similar study in this timeframe with EMA1 and STOCHASTIC (75,1,1)
15m timeframe sI in I get a dis-similarity framework for surely at that point I appeared 1H timeframe. then operated in 1H timeframe to that point of dis-similarity occurred in 15 min timeframe.
Makes sense?
  • #487
  • Aug 1, 2013 7:00am Aug 1, 2013 7:00am
Quoting burnssss
Right. I wondered what I think I'm rolling and now I need the specific concept of how to study similarity dis similarities. I if one side I have TF15 min. Study the similarity in this timeframe with EMA1 and STOCHASTIC (300,1,1) On the other hand tenfo 1H tf. similar study in this timeframe with EMA1 and STOCHASTIC (75,1,1) 15m timeframe sI in I get a dis-similarity framework for surely at that point I appeared 1H timeframe. then operated in 1H timeframe to that point of dis-similarity occurred in 15 min timeframe. Makes sense?
Isn't it just the cause and effect of bar #301 coming into the frame?

For the 15M.. it will arrive sooner because there are 4 bars for 1 bar of 1H. However... the 300 HH/LL average of the hour bars may not be dissimilar with the addition of the new bar at 15M.... dunno - am i making sense?
A pip is only worth it if you know how much you risked to earn it
  • #488
  • Aug 1, 2013 7:14am Aug 1, 2013 7:14am
It is necessary to refine these concepts to obtain good results for predictive. It is clear that you have to play between several times. or maybe EURUSDD is making sure that both tf are in similarity to well to predict the turning point. If we know the point of dis-similarity, we expect that both align tf, tf both will correct that point of dis-similarity
  • #489
  • Aug 1, 2013 7:18am Aug 1, 2013 7:18am
Quoting burnssss
It is necessary to refine these concepts to obtain good results for predictive. It is clear that you have to play between several times. or maybe EURUSDD is making sure that both tf are in similarity to well to predict the turning point. If we know the point of dis-similarity, we expect that both align tf, tf both will correct that point of dis-similarity
If I remember correctly... the BB setting of 24 holds the time "quantity" for dissimilarity to return back to sim.
ie. If bar +301 creates dissimilarity value. And this value/variance continues for another 24 bars then the periods will continue.... if any bar after the 24 bar period goes back to the old value then dissimilarity ends. Something like that. I posted a PDF attachment on the Zones, search for it on this thread - Ralome gives the explanation.
A pip is only worth it if you know how much you risked to earn it
  • #490
  • Aug 1, 2013 7:25am Aug 1, 2013 7:25am
Quoting burnssss
The indi mt4 not make precise calculations because it is not a mathematical software
Can you use Matlab?
  • #491
  • Aug 1, 2013 7:57am Aug 1, 2013 7:57am
Quoting burnssss
{quote} I am conducting a study of tf separately. Through a series of mathematical expressions to calculate the Hurst exponent, and if this exponent is between 0.5 and 1 indicates that the series has fractal behavior. The calculations are very simple and are as follows: - First calculate the price returns: return = Ln (Pt/Pt-1) -After calculating the average of the returns - Calculate deviations from the mean (x) -calculate cumulative deviation (y) - Calculate the range of (y) ---- (R) - Calculate the standard deviation of returns (S) - We divide...

You might want to look at this - http://codebase.mql4.com/6700


I am not a math expert, but this discussion about Hurst came up recently on a different Eurusdd thread, hence why I had the link. Hope it helps
  • #492
  • Aug 1, 2013 8:32am Aug 1, 2013 8:32am
New version: v2.60

Changes:

  1. Fixed some bugs (everything should be OK up to H1)
  2. Included the pre-zone feature which I wanted to do a long time ago, but they beat me to it
  3. Added a new feature: we had a dashboard for upcoming zones, now we have one for existing ones too. Kinda like a map

Known bugs still existing:

  1. No zones drawn in H4 & D1. Solution TBAWIR

Greets,
Ralome

Attached File(s)
File Type: mq4 StochDifZones_v2_60.mq4   25 KB | 687 downloads
Even if you fall on your face, you're still moving forward.
  • #493
  • Aug 1, 2013 9:12am Aug 1, 2013 9:12am
Quoting Ralome
New version: v2.60 Changes: Fixed some bugs (everything should be OK up to H1) Included the pre-zone feature which I wanted to do a long time ago, but they beat me to it Added a new feature: we had a dashboard for upcoming zones, now we have one for existing ones too. Kinda like a map Known bugs still existing: No zones drawn in H4 & D1. Solution TBAWIR Greets, Ralome {file}

Thanks Ralome for the indi update mate!
  • #494
  • Aug 1, 2013 9:57am Aug 1, 2013 9:57am
Quoting Ralome
New version: v2.60 Changes: Fixed some bugs (everything should be OK up to H1) Included the pre-zone feature which I wanted to do a long time ago, but they beat me to it Added a new feature: we had a dashboard for upcoming zones, now we have one for existing ones too. Kinda like a map Known bugs still existing: No zones drawn in H4 & D1. Solution TBAWIR Greets, Ralome {file}
Thanks Ralome, your help is really appreciated.
  • #495
  • Aug 1, 2013 11:10am Aug 1, 2013 11:10am
Recalled just this morning that the attached BB Squeeze was in my archives so I dug it out and threw some instances on my charts and found the visuals intriguing. It's MTF and should be nrp as mladen was involved with the coding and he's not one to waste his time with repainting indicators. As my chart background is light you will want to change the black colors to white for darker backgrounds. Perhaps this has no application to what is transpiring here but I'll leave that for the community to determine. Best wishes for all of you.

Steve
Attached File(s)
File Type: mq4 BB_Squeeze_Advanced_v2M3BC.mq4   17 KB | 472 downloads
  • #496
  • Aug 1, 2013 11:16am Aug 1, 2013 11:16am
Quoting taypot
{quote} Thanks Vlady, this is great. Its really good to have clear guidelines. I am a bit of a butterfly when it comes to trading so all the different ideas have me trying out all sorts of things and getting distracted. I have to say that I have been profitable with most dissimmilarity ideas so long as I avoid trading around the news and have just opened a trade explorer in celebration.
Thanks Ralome, look forward to trialing it. Have made my trade explorer that I started today visible to Similarity Buddies and are the proud owner of 38 pips. Not bad, considering I've been out enjoying myself after lunch. It was a bit of a roller-coaster today on the Forex markets and I was only trading 0.1 pips which was just as well at times. I did hedge though as I would do in real life.
  • #497
  • Aug 1, 2013 11:25am Aug 1, 2013 11:25am
Quoting SMScom
Recalled just this morning that the attached BB Squeeze was in my archives so I dug it out and threw some instances on my charts and found the visuals intriguing. It's MTF and should be nrp as mladen was involved with the coding and he's not one to waste his time with repainting indicators. As my chart background is light you will want to change the black colors to white for darker backgrounds. Perhaps this has no application to what is transpiring here but I'll leave that for the community to determine. Best wishes for all of you. Steve {file}
Sounds interesting but could you maybe post chart where we can se an example of how it should look?
  • #498
  • Aug 1, 2013 11:32am Aug 1, 2013 11:32am
Quoting taypot
{quote} Thanks Ralome, look forward to trialing it. Have made my trade explorer that I started today visible to Similarity Buddies and are the proud owner of 38 pips. Not bad, considering I've been out enjoying myself after lunch. It was a bit of a roller-coaster today on the Forex markets and I was only trading 0.1 pips which was just as well at times. I did hedge though as I would do in real life.

Congrats Taypot!
  • #499
  • Aug 1, 2013 12:29pm Aug 1, 2013 12:29pm
Quoting Madmoney
{quote} Can you use Matlab?
If, matlab is a powerful software for these calculations
  • #500
  • Aug 1, 2013 12:31pm Aug 1, 2013 12:31pm
Quoting vlady1974
{quote} If I remember correctly... the BB setting of 24 holds the time "quantity" for dissimilarity to return back to sim. ie. If bar +301 creates dissimilarity value. And this value/variance continues for another 24 bars then the periods will continue.... if any bar after the 24 bar period goes back to the old value then dissimilarity ends. Something like that. I posted a PDF attachment on the Zones, search for it on this thread - Ralome gives the explanation.
Interesting, had not seen so. In this way one could know the duration of the cycle.
1 trader viewing now