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  • #741
  • Aug 15, 2013 6:36am Aug 15, 2013 6:36am
Quoting vlady1974
Here's a live test. EDIT: Should be 5M ZZ/Semafor has formed a "3" ZZB but the Stoch hasn't reached Zero yet. Therefore it should go lower and repaint. {image}
Dear VLADY1974,
İf posible could you share your last chart template?
Best Regards.
Bülent.
Not ; Thanks your help YOU and JUHANİMİ.
  • #742
  • Aug 15, 2013 9:04am Aug 15, 2013 9:04am
Anyone caught the move down? To tight a stop else would have gotten it

@Vlady : you mention 12 and 60 BB for 15M is the 12 stoch settings?

@the rest of the nice people using ccnew and have posted their charts: are the divergences manually drawn?
I want more brain power!
  • #743
  • Aug 15, 2013 9:07am Aug 15, 2013 9:07am
Quoting Thoughts
Forward-testing your idea as we speak Carl..will let you know how I get on..{image}
Well, for transparency sake, the GBPJPY trade has exceeded its previous high... maybe by setting to breakeven after 1/2 of the target is met, this might be avoided. But, on the other side of the coin, how many trades will be whipsawed into breakeven just to eventually reach the target. It would depend on your risk...

I never liked Yen crosses due to the BOJ manipulations... But, I guess all the banks are manipulating currencies these days.

Carl
  • #744
  • Edited 9:40am Aug 15, 2013 9:30am | Edited 9:40am
Quoting cfdtaleong
Anyone caught the move down? To tight a stop else would have gotten it @Vlady : you mention 12 and 60 BB for 15M is the 12 stoch settings? @the rest of the nice people using ccnew and have posted their charts: are the divergences manually drawn?
Yes I did!

The stuff posted by Crodz and Juhamini are providing more insight into the ZZ swings.
The only downside on that trade was that I set some buy limits at the bottom of old zones.... 3 are underwater atm but the last one has swung into profit. I guesstimated that the ZZB would kick in on the 1H and my new StochBB is flat on 0 so I'm setting up longs for tomorrow.

I'm basically gambling on a double bottom on the 300EMA on the 4H.

Lower StochBB setting: 24,24 (see post below)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-1H.PNG Size: 49 KB
A pip is only worth it if you know how much you risked to earn it
  • #745
  • Aug 15, 2013 9:30am Aug 15, 2013 9:30am
Quoting bulent
{quote} Dear VLADY1974, İf posible could you share your last chart template? Best Regards. Bülent. Not ; Thanks your help YOU and JUHANİMİ.
Let me try and do this from home tonite as my VPC is acting like a right royal pain in the ass at the moment.
A pip is only worth it if you know how much you risked to earn it
  • #746
  • Aug 15, 2013 9:38am Aug 15, 2013 9:38am
Quoting cfdtaleong
Anyone caught the move down? To tight a stop else would have gotten it @Vlady : you mention 12 and 60 BB for 15M is the 12 stoch settings? @the rest of the nice people using ccnew and have posted their charts: are the divergences manually drawn?
12 is stoch. I'm experimenting with different values. I think I've changed this to 48 now.
Basically it's what I said before.... the Minutes are based on 60 minutes. The hours must be based on 24 hours.
So a timeframe must be divided or allocated into the base time unit.

For the 5M = 60 divided by 5M = 12. Set the BB to 60.
For the stoch I used 12... the "repainting effect" comes out as a flat line on 0 or 100. That's not really much to go by in terms of understanding whether the swing is the last swing. So I go higher in multiples of 12. 12/24/36/48/60. Right now I've got 48 in the Stoch
I have a separate sheet for each TF so that I can set this indie up with different values according to the timeframe.

For the hour, it's obviously different.
1H = 24 hours divided by 1... 24! So that is my Stoch Setting. The BB Setting is also 24.

Your aim is to be able to get a ZERO stoch value for the ZZB and a 100 for the ZZT. If you're getting Zeros for all the other bottoms and 100s for the tops then that means your indie is not filtering out the insignificant fluctuations.

The interesting thought is that the extreme is ALWAYS outside of the Bollinger Band.... which is probably how Eurusdd came up with that rule in the first place
A pip is only worth it if you know how much you risked to earn it
  • #747
  • Aug 15, 2013 9:45am Aug 15, 2013 9:45am
Quoting vlady1974
{quote} Yes I did! The stuff posted by Crodz and Juhamini are providing more insight into the ZZ swings. The only downside on that trade was that I set some buy limits at the bottom of old zones.... 3 are underwater atm but the last one has swung into profit. I guesstimated that the ZZB would kick in on the 1H and my new StochBB is flat on 0 so I'm setting up longs for tomorrow. I'm basically gambling on a double bottom on the 300EMA on the 4H. Lower StochBB setting: 24,24 (see post below) {image}
Good for you man. Yes ZZology is just getting better by the day ain't it thanks to everyone.Spotted a divergence prolly one of the reasons for the rally
I want more brain power!
  • #748
  • Aug 15, 2013 9:52am Aug 15, 2013 9:52am
Quoting cfdtaleong
{quote} Good for you man. Yes ZZology is just getting better by the day ain't it thanks to everyone.Spotted a divergence prolly one of the reasons for the rally
Share share!
A pip is only worth it if you know how much you risked to earn it
  • #749
  • Aug 15, 2013 9:57am Aug 15, 2013 9:57am
Quoting cfdtaleong
{quote} Good for you man. Yes ZZology is just getting better by the day ain't it thanks to everyone.Spotted a divergence prolly one of the reasons for the rally
Hats off to Juhamani for the re-post. I like the fact that we're using the same indicator to check another indicator in the combined list of indies.
Just goes to show that the Similarity Principle can really make use of standard indies if you get to understand how they work.
A pip is only worth it if you know how much you risked to earn it
  • #750
  • Aug 15, 2013 10:38am Aug 15, 2013 10:38am
Quoting vlady1974
{quote} Hats off to Juhamani for the re-post. I like the fact that we're using the same indicator to check another indicator in the combined list of indies. Just goes to show that the Similarity Principle can really make use of standard indies if you get to understand how they work.
Yeah this would really help in the assessment if a ZZ would repaint or not, which is one of the biggest nemesis of ZZology.

It won't be perfect for sure but with CCnew(line position, crosses etc) and basic/hidden divergence knowledge we can make a good guess of which behavior a zone is going exhibit(target or s&r). Add it all up and we can plan really sound trades I believe.

And thankyou Mob for the bb stoch indi.its way better than the stock version.
I want more brain power!
  • #751
  • Aug 15, 2013 10:50am Aug 15, 2013 10:50am
Quoting cfdtaleong
{quote} Yeah this would really help in the assessment if a ZZ would repaint or not, which is one of the biggest nemesis of ZZology. It won't be perfect for sure but with CCnew(line position, crosses etc) and basic/hidden divergence knowledge we can make a good guess of which behavior a zone is going exhibit(target or s&r). Add it all up and we can plan really sound trades I believe. And thankyou Mob for the bb stoch indi.its way better than the stock version.
You're so right. Without these new pieces, I'd still be scratching my head today.
Overall the market is still undecided and "flatish" - whipsaw country.

But with these indi setups I have more confidence picking a direction and sticking with it.
(Closed 2 longs at BBMID going to see if my TP is hit with the rest)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-15M.PNG Size: 87 KB
A pip is only worth it if you know how much you risked to earn it
  • #752
  • Aug 15, 2013 10:50am Aug 15, 2013 10:50am
Quoting vlady1974
{quote} Let me try and do this from home tonite as my VPC is acting like a right royal pain in the ass at the moment.
Thank you very much.
Bülent.
  • #753
  • Aug 15, 2013 11:09am Aug 15, 2013 11:09am
Quoting vlady1974
{quote} You're so right. Without these new pieces, I'd still be scratching my head today. Overall the market is still undecided and "flatish" - whipsaw country. But with these indi setups I have more confidence picking a direction and sticking with it. (Closed 2 longs at BBMID going to see if my TP is hit with the rest) {image}
Thanks for the agreement! Lets me know if my head is on straight

I'm guessing you will first tighten stops when the stoch hits 100 and consider exiting when the ccnew crosses? If that does not happen you'll ride it to the other band?
I want more brain power!
  • #754
  • Aug 15, 2013 11:15am Aug 15, 2013 11:15am
Quoting cfdtaleong
{quote} Thanks for the agreement! Lets me know if my head is on straight I'm guessing you will first tighten stops when the stoch hits 100 and consider exiting when the ccnew crosses? If that does not happen you'll ride it to the other band?
Haha.. I was getting impatient... end of day I guess. So all closed.
Friday tomorrow so not sure if we'll get any more surges.... could be wrong. Lunch time at NYC....

Anyway, you're trading idea is great. I didn't think of that. See you are thinking like a trader!

And guess what....1H shows were' right on the 300EMA.... again.
We need to break out of this price range to really test these indies.
A pip is only worth it if you know how much you risked to earn it
  • #755
  • Aug 15, 2013 3:15pm Aug 15, 2013 3:15pm
Quoting bulent
{quote} Dear VLADY1974, İf posible could you share your last chart template? Best Regards. Bülent. Not ; Thanks your help YOU and JUHANİMİ.
You need:

ZZ
3Semafor
Ralome's StochDiff Indicator 2.6
Stochastic with Bollinger
StochBB
Attached File(s)
File Type: tpl similarity ralome - 2.6 ccnew 1m.tpl   24 KB | 437 downloads
File Type: tpl similarity ralome - 2.6 ccnew 5m.tpl   28 KB | 404 downloads
File Type: tpl similarity ralome - 2.6 ccnew1h.tpl   27 KB | 452 downloads
File Type: tpl similarity ralome - 2.6 ccnew15m.tpl   34 KB | 397 downloads
File Type: tpl similarity ralome - 2.6 with ccnew.tpl   29 KB | 413 downloads
A pip is only worth it if you know how much you risked to earn it
  • #756
  • Aug 15, 2013 4:21pm Aug 15, 2013 4:21pm
Quoting vlady1974
{quote} You need: ZZ 3Semafor Ralome's StochDiff Indicator 2.6 Stochastic with Bollinger StochBB {file} {file} {file} {file} {file}
Thank you for your effort.
Bülent.
  • #757
  • Aug 15, 2013 5:37pm Aug 15, 2013 5:37pm
Quoting juhanimi
{image}
juhanimi,

can you post your template? I can't get my stoch to look like this. Thank you in advance.
Life is too short to have anything but delusional notions about yourself.
  • #758
  • Aug 15, 2013 6:21pm Aug 15, 2013 6:21pm
Quoting crodzilla
{quote} Well, for transparency sake, the GBPJPY trade has exceeded its previous high... maybe by setting to breakeven after 1/2 of the target is met, this might be avoided. But, on the other side of the coin, how many trades will be whipsawed into breakeven just to eventually reach the target. It would depend on your risk... I never liked Yen crosses due to the BOJ manipulations... But, I guess all the banks are manipulating currencies these days. Carl
Just home after an exciting day...on the GJ trade it seems price at least breached the high of the lowest candle of the divergence period..that should be significant enough in my opinion. Theres nothing that negates the notion that the concept is concrete enough to trade, perhaps with a few safeguards. I might need to look things over some more, but now its time to sleep.
  • #759
  • Aug 15, 2013 7:30pm Aug 15, 2013 7:30pm
Something I've not done in a long while is trade related pairs to EU.
The CCNEW indi provides a good insight for reminding me of another similarity indicator between the crosses.
Just scored a modest 20 pips on UJ long just as I shorted EU.
From chart, the CCNEW shows E and YEN are in sync against the dollar.
I'm bullish on EU but you can see that EY may go south and drag down EU whilst UJ strengthens.
Attached Image (click to enlarge)
Click to Enlarge Name: metatrader 4.png Size: 114 KB
A pip is only worth it if you know how much you risked to earn it
  • #760
  • Aug 15, 2013 8:42pm Aug 15, 2013 8:42pm
Quoting hoss
{quote} juhanimi, can you post your template? I can't get my stoch to look like this. Thank you in advance.
X,1,1 close/close, exponential
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