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  • #501
  • Aug 1, 2013 2:36pm Aug 1, 2013 2:36pm
Quoting almo
{quote} 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
This individual is fine, but not has precision in mathematical software, is used to find the persistence over time and thus do not operate on random times. It is used to detect dis-similarity, only know if we are in a cycle in which we can apply the equalities of functions
  • #502
  • Aug 1, 2013 2:41pm Aug 1, 2013 2:41pm
spufuz - absolutely correct. If mladen was involved it will be the dogs bo**ocks. He is one hell of a coder.
  • #503
  • Aug 1, 2013 2:42pm Aug 1, 2013 2:42pm
Quoting burnssss
{quote} This individual is fine, but not has precision in mathematical software, is used to find the persistence over time and thus do not operate on random times. It is used to detect dis-similarity, only know if we are in a cycle in which we can apply the equalities of functions

If I understand what your saying - you need to know ahead of time the cycle length, in order to be able to properly apply the equality equation?

Something like that can be run in an EA, using the Optimizer function to determine best cycle.

For what its worth, the author of that code does point out the Hurst index does not give direction...you'd still need some trending indicator.
  • #504
  • Aug 1, 2013 4:54pm Aug 1, 2013 4:54pm
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 for the input Ralome!
If you are good at something, never do it for free--Joker
  • #505
  • Aug 1, 2013 5:20pm Aug 1, 2013 5:20pm
I think after looking at both and I think I got something. You ought to strip the principle of similarity, return home. taking two graphs, one tf15m and 1H and observe other equalities between them. price marking where discrepancies occur, wait for similarity and bum, price touched. If you think you set an expression would be possible to quantify when a node is next to be played, but for now I think the implantation of this principle is very serious and the difference between indicators and EURUSDD ralome is the accuracy, EURUSDD performs calculations in platform appropriate, using each of the points while mt4 not performed with that precision. So one has a probability of 60% and another 97%
  • #506
  • Aug 1, 2013 5:34pm Aug 1, 2013 5:34pm
Quoting burnssss
I think after looking at both and I think I got something. You ought to strip the principle of similarity, return home. taking two graphs, one tf15m and 1H and observe other equalities between them. price marking where discrepancies occur, wait for similarity and bum, price touched. If you think you set an expression would be possible to quantify when a node is next to be played, but for now I think the implantation of this principle is very serious and the difference between indicators and EURUSDD ralome is the accuracy, EURUSDD performs calculations...
Wow, this is good if you are observing this in your work. His solution is an application/platform that is outside of MT4... so that's a step in the similar direction.
A pip is only worth it if you know how much you risked to earn it
  • #507
  • Aug 1, 2013 5:39pm Aug 1, 2013 5:39pm
Yes, and you can clearly see when the Hurst is high in the charts because of the TF apart we are, the graphics are similar so there is similarity. It's complicated tf observe between two widely separated, eg between m15 and 1H, due to noise in m15 is difficult to observe the dis-similarities. BB confuses me because it does not match in tf.
The parameters I use to m15 are:
-EMA1
-stoch 300,1,1
-bb 24,0,2

and 1H are the same as for m15

CI indicator may give a clue to the duration of the trend, until the fall to find a new price. be reconciled so well with this system.
  • #508
  • Aug 1, 2013 6:07pm Aug 1, 2013 6:07pm
Quoting vlady1974
{quote} Excellent Excellent work! This entire suggestion is more in line with how I normally trade....ie. Demand/Supply and S/R levels that I leave on the chart forever more. What we're doing here is then pre-inputting a chart with key price levels at key timeframes. The process we will need is the reconciling of dynamics DS Zone levels to these "MFI Price levels"...... and you're right.... you can't have them all on one chart as you would go crazy. Question on the MFI and multi-broker - did you download multiple MT4 platforms and export the data?...
Excellent Excellent work!
Thanks appreciate that.

This entire suggestion is more in line with how I normally trade....ie. Demand/Supply and S/R levels that I leave on the chart forever more.
That is how I trade too, along with Volume analysis and more recently; Similarity.

What we're doing here is then pre-inputting a chart with key price levels at key timeframes. The process we will need is the reconciling of dynamics DS Zone levels to these "MFI Price levels"...... and you're right.... you can't have them all on one chart as you would go crazy.
Yes, but not just key time frames, we are considering key price on ALL time frames. To do this, we would need to gather all the open prices and closing prices identified by the BLUE MFI bar on ALL time frames collectively, we would then, reduce the number of price levels to those only that appear on ALL the time frames for the price levels that remain.
It's a big task to do this by hand and eye like I did for the Monthly chart, some sort of scanner/sorter would be needed.

Question on the MFI and multi-broker - did you download multiple MT4 platforms and export the data?
No, I do have 2 brokers but I only plotted the lines on one broker so far, I was hoping one of our coding geniuses would be up to the challenge, as I am handicapped in this area of expertise. Else, It will certainly be a long and tedious process to do by hand, might take years to accomplish such a thing.

Or do you think that any MT4 platform could be used as a proxy for the tickvolume.
Hmm.. Mt4 runs on tick volume. Don't understand your question.

Or is it a case of picking the "best" reputable broker? Mine is straight from MT4 so I can't recall who they plugged me into.
I use IBFX and Im checking out Fin FX (non US bullshit) honestly, I do not know what would be best, because of my limited computer skills. But as for a guess, I would say, the top 3 bucket shops in the US and 3 ECN dealers. Hopefully, one of the coders here could point us in the right direction.

Having said all of this, I know that this is a direction that has in my opinion, the best chance of breaking that 60% barrier of similarity without further explanation from EURUSDD. Which, I do not think will ever happen.
But It is interesting that EURUSDD has opened another thread titled " Tight Horizontal resistance / support zones" though he has limited his participation to posting price levels.

Look forward to hearing from anyone interested
  • #509
  • Aug 1, 2013 6:12pm Aug 1, 2013 6:12pm
Quoting vlady1974
{quote} Wow, this is good if you are observing this in your work. His solution is an application/platform that is outside of MT4... so that's a step in the similar direction.
Hmm. sound like what I have been thinking about, just posted on something similar along those lines.

wrong quote, meant for BURNSSSS
  • #510
  • Aug 1, 2013 8:33pm Aug 1, 2013 8:33pm
Great thread, guys. Is there any way to code an email alert when DS starts on the StochDifZoneX_v1_2?

Thanks for any help in advance.
Life is too short to have anything but delusional notions about yourself.
  • #511
  • Aug 1, 2013 10:27pm Aug 1, 2013 10:27pm
Quoting jmn5611
{quote} EURUSDD said early in the primary thread that any two indicators can be used to spot dissimilarity as long as those indicators are similar 90 percent of the time or better. The dissimilarity is in the indicators. I have not used her derivative oscillator enough to know.
Thank for your reply.
Just to let you know, if you understand the advance RSI, can be used to look for the break, no need for strength meter.
  • #512
  • Aug 1, 2013 11:52pm Aug 1, 2013 11:52pm
Quoting Me3w
{quote} Thank for your reply. Just to let you know, if you understand the advance RSI, can be used to look for the break, no need for strength meter.
The RSI becomes ineffective in a strong trend, so one why around that problem was the Composite Index, which is more than just the RSI of the RSI if you look at the code. It is one reason why these two indicators can be used to spot dissimilarity.
If you are good at something, never do it for free--Joker
  • #513
  • Edited 4:03am Aug 2, 2013 12:43am | Edited 4:03am
Quoting jmn5611
{quote} The RSI becomes ineffective in a strong trend, so one why around that problem was the Composite Index, which is more than just the RSI of the RSI if you look at the code. It is one reason why these two indicators can be used to spot dissimilarity.

OK. I got 30 pips for this trade. This is what i am trying to tell you:
"if you understand the advance RSI, can be used to look for the break, no need for strength meter".
you can trade above 60 level with acceleration if you know how.
the macd is used to show the momentum.


Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: RSI ex.jpg Size: 413 KB
  • #514
  • Aug 2, 2013 1:05am Aug 2, 2013 1:05am
Reading the threads I've realised my understanding of the various indicators and functions is rather lacking. Anyone know of any books or web resources where I can study more?
I want more brain power!
  • #515
  • Aug 2, 2013 1:38am Aug 2, 2013 1:38am
Quoting Baillie
{quote} Excellent Excellent work! Thanks appreciate that.
That was an amazing post. I get what you mean now. That's one hell of a job!
Guys, what do you all think? Is it worth doing?
Many months and perhaps more than a year now there was a brilliant trader named Cloggie. Prickly character but he was awesome and he always called levels from like 4 and more years ago. So I think it's worth it.
A pip is only worth it if you know how much you risked to earn it
  • #516
  • Aug 2, 2013 1:58am Aug 2, 2013 1:58am
Quoting vlady1974
{quote} That was an amazing post. I get what you mean now. That's one hell of a job! Guys, what do you all think? Is it worth doing? Many months and perhaps more than a year now there was a brilliant trader named Cloggie. Prickly character but he was awesome and he always called levels from like 4 and more years ago. So I think it's worth it.
Goodmorning ,
What about EUR/USD Today? up or down?
Thanks.
Bülent.
  • #517
  • Aug 2, 2013 2:26am Aug 2, 2013 2:26am
Quoting bulent
{quote} Goodmorning , What about EUR/USD Today? up or down? Thanks. Bülent.
I have attached a PDF that includes vlady1974´s great post about predicting the direction.
There are great tips for determining the direction.

Attached File(s)
File Type: pdf Daily Prediction Method.pdf   295 KB | 787 downloads
  • #518
  • Aug 2, 2013 3:03am Aug 2, 2013 3:03am
Quoting bulent
{quote} Goodmorning , What about EUR/USD Today? up or down? Thanks. Bülent.
Good morning!

As a simple exercise:

  1. ZZBOT has formed. What's the next swing? Can you try and predict where, using the BB?

Based on this alone, I would say UP DAY.

But u can also add that we're in a completed zone's prices. Support? definitely.
i forgot to add... If you can set your self a daily bias:

  1. How would you trade lower TF? 1M,5M,15M?
  2. would you trade counter trends as well as trend?
  3. how would you handle SL? Or would you hedge?

A pip is only worth it if you know how much you risked to earn it
  • #519
  • Aug 2, 2013 3:09am Aug 2, 2013 3:09am
Quoting vlady1974
{quote} Good morning! As a simple exercise: ZZBOT has formed. What's the next swing? Can you try and predict where, using the BB?Based on this alone, I would say UP DAY. But u can also add that we're in a completed zone's prices. Support? definitely. i forgot to add... If you can set your self a daily bias: How would you trade lower TF? 1M,5M,15M? would you trade counter trends as well as trend? how would you handle SL? Or would you hedge?
Sure looks like an up day from that perspective!
Im just a bit concerned about the stoch-BB that is well under the middle line. This could mean a trend change!
The EMA5 is about to cross EMA8 at daily chart too.
Im not saying you are wrong, just that we should be a bit careful at this time!
  • #520
  • Aug 2, 2013 3:12am Aug 2, 2013 3:12am
Quoting vlady1974
{quote} That was an amazing post. I get what you mean now. That's one hell of a job! Guys, what do you all think? Is it worth doing? Many months and perhaps more than a year now there was a brilliant trader named Cloggie. Prickly character but he was awesome and he always called levels from like 4 and more years ago. So I think it's worth it.
large fortunes are behind major algorithms. This topic is very interesting, but not easy to implement. Recall that EURUSDD has taken about five years into it. To us it saved about two years, only to see these market failures. I would like to continue with your explanations but I think your system has been successful and will be refined
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