Thank U Ralome, this 24 value is very interesting. I'm still trying to apply that value to Fractal Dimension to find something ....
Edited: I must go to sleep now .... thank you all ...
Similarity: A Practical Approach 859 replies
Similarity Trading - The ZZBB Method 215 replies
Rainbow similarity 256 replies
Similarity Stuff 17 replies
Directional Similarity 0 replies
Disliked{quote} Thank U cfdtaleong .... {quote} Please correct me if I'm wrong : If DIS-similarity ends => we expect it's begin of Similarity candle (is this right ??) So, it's the time to trade. Because the price will go to where the DIS-similarity appear ... If we know WHEN the similarity will begin, then we must not seat in front of computer all the time ....Ignored
DislikedCfdtaleong, you're right, but I think it's just semantics, i.e. "we know it'll end after 24 candles if this and this doesn't happen" and "we estimate that it'll end after 24 candles" are very close in my opinion. But I'm sure smallcat got his answerIgnored
DislikedThe cycle-identifier is a repainting indicator and the least used in the similarity system! The next indicator is the stochastic indicator! This one is SUPER but you need to watch your chart cause once you get the signal, you are in for a big ,,,,,,,,,, lOOK at the two reading in the indicator window! I will explain this approach next week! {image}Ignored
Disliked{quote} For your considerations. I may be wrong. Things you got correct 1)You are right when dissimilarity ends similarity beings. 2)You are also right price will go to where dissimilarity appear. Things where you may be wrong 1)We won't know when similarity will begin. We can only estimate at best. Your post 4973, the statement you highlighted in yellow. It ends if none of the conditions appear if it happens you wait another 24 candles and if it happens again you have to wait another 24 until such time none of the conditions appears. How then can...Ignored
DislikedCfdtaleong, you're right, but I think it's just semantics, i.e. "we know it'll end after 24 candles if this and this doesn't happen" and "we estimate that it'll end after 24 candles" are very close in my opinion. But I'm sure smallcat got his answerIgnored
Disliked{quote} Is there any programmer willing to code an indicator using just the stochastic method described in this post that can identify similarity from both time frames onto one chart? Not the BB stoch method, just the Stochastic method.Ignored
DislikedHi Ralome, May be this is a kiddy question ... I'm just curious, is it possible to convert the "simple value" of Stoch-BB at lower window to "price value" like BB-EMA at upper window, OR may be convert the "price value" of EMA-BB to "simple value" ? Thanks {image}Ignored
Disliked{quote} Yes, it's possible to some extent. How would you like it exactly?Ignored
Disliked{quote} See attached indicator. It only works in real-time, so no history. The default setting is 75 period for the 1-minute chart and compares it to the 5-minute 15 period stochastic. {file}Ignored
Disliked{quote} Is there any programmer willing to code an indicator using just the stochastic method described in this post that can identify similarity from both time frames onto one chart? Not the BB stoch method, just the Stochastic method.Ignored
DislikedSo, if the "price value" of TOP BB24 indicator & EMA1 indicator can be convert to "simple value" like the value of BOTTOM indicators (or the reverse of it), it would very nice.Ignored
Disliked{quote} Stochastics indicator is lagging, nothing new about that. If you find an indicator that leads price let me know.Ignored