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The similarity system

  • #5,021
  • Sep 14, 2013 9:08am Sep 14, 2013 9:08am
Wow...
great to see people are still trying out ( and indeed being very successful ) with certain aspects of diss method.Looking forward to hearing Ralomes observations and results on the zz continuation with the trend extracts that he highlighted earlier.
A couple of questions Taypot..are the different stoch values based on several time periods? And when we get diss on various time periods it increases your fight indi up to and above 5 and therefore your guessing that a reversal is highly probable..The indi looks great and would certainly be a lot more user friendly than having to revert to different time frames...


Regards
T
  • #5,022
  • Sep 14, 2013 9:17am Sep 14, 2013 9:17am
Quoting rob1599
{quote} I haven't checked this thread in over a month. Too busy trading and making money. I have spectacular results using the CI method from the start of the thread. I developed an EA I use for trading the 1 minute time frame using small lots so I don't need to monitor it much. For larger trades I manually trade on constant range bars (similar to Renko bars but better in my opinion). Basically you put the CI indicator on one TF with different settings. Once you get a signal on the more conservative CI you wait for the next signal in the same direction...
Very impressive Rob...I always believed that there was a simple way to have an edge with this strategy.
Looking at your charts ,are you trading trading 2min/5min ci's on a 2 min chart?
Is your tp purely subjective based on candles or do you have a set tp?...I assume sl would be the high of the previous candle..be very interested to hear more bro...anyway congrats on super results

Cheers
T
  • #5,023
  • Edited 9:35am Sep 14, 2013 9:18am | Edited 9:35am
Quoting trexy123
{quote} Taypo Does the blue rectangles that you drawn appear on lower timeframe?
Hi Trexy, I have written an indicator that does something like that for Prorealtime ( a few zones on each chart that appear whenever there is dissim to 1MA on any of the stoch values have set it to monitor for that time frame and they stop once new dissim appears for each stoch value). There's a screenshot below. But I don't use it much. I think I prefer simpler charts. So I draw in rectangles sometimes and refer to price action and my fight indicator. My fight indicator tells me when dissim occurs across a number of stoch values and alerts me to change.


In the chart you ask about I have hand drawn those supply/demand rectangles. Here is something interesting ---I have been looking at another thread .... The other thread has a great supply and demand indicator plus a rectangle reader that works on those you hand draw and colour codes them in MT4.
http://www.forexfactory.com/showthread.php?t=428204
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  • #5,024
  • Sep 14, 2013 10:14am Sep 14, 2013 10:14am
Quoting oconnor365
Wow... great to see people are still trying out ( and indeed being very successful ) with certain aspects of diss method.Looking forward to hearing Ralomes observations and results on the zz continuation with the trend extracts that he highlighted earlier. A couple of questions Taypot..are the different stoch values based on several time periods? And when we get diss on various time periods it increases your fight indi up to and above 5 and therefore your guessing that a reversal is highly probable..The indi looks great and would certainly be a...
Hi OConnor...This post explains more about what i was trying to do
http://www.forexfactory.com/showthread.php?p=6940727#post6940727

Its moved away from the method a bit as its not time frames but I couldn't work out how to do it any other way and I'm not really sure how logical it is. (I'm an artist!). The zones are pretty though The deeper the colour, the more they overlap and the more important. If FIGHT bobs up over 5 (can disappear after) and stoch is crossing and a load of zones shoot up with a vertical line I close my longs just in case. I've put text on my image to show a case that has not repainted. Unless I rewrite FIGHT its not so good at finding bottoms as tops.
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  • #5,025
  • Sep 14, 2013 10:51am Sep 14, 2013 10:51am
Quoting oconnor365
{quote} Hi Ralome..Thnks for your reply...I remember both posts and while the first one intrigued me I could not get my head around the way to tade it..was stoch to come down following price or what?...the second one from Juhanimi seemed more clear cut though I couldn't get my charts to look like his..I know his stoch settings were 3 ,1, 1 and 10,1 ,1 ..but what settings were the zigzag?. It certainly seemed to be a lot safer way to trade by going with the trend alright.What settings are you using yourself? Cheers T
Hi, Oconnor, ... eurusdd originally used 24 for zig zag.. and then it got a little more complicated and the semaphor became popular. Here is a quote from Eurusdd, ...If you are using stoch(60-1-1), stoch(30-1-1) and stoch(15-1-1) then your semafor will be period1=60, period2=30, period3=15!!!
  • #5,026
  • Edited 1:40pm Sep 14, 2013 12:30pm | Edited 1:40pm
Quoting trexy123
{quote} Taypo Does the blue rectangles that you drawn appear on lower timeframe?
Heres a great addition for us. See higher zones on smaller timeframes on MT4. You need alphonso's rectangle reader indi. Brilliant! You draw a rectangle on higher time zone and lines appear on smaller ones. ie. month, week, day, 4hr, but no lower unfortunately so more for swing trading

See the blue weekly zone (drawn in by me when disim starts on Wolf's ind) appear as green lines on daily.
http://www.forexfactory.com/showthread.php?p=6689451#post6689451
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  • #5,027
  • Sep 15, 2013 7:43am Sep 15, 2013 7:43am
Quoting oconnor365
{quote} Very impressive Rob...I always believed that there was a simple way to have an edge with this strategy. Looking at your charts ,are you trading trading 2min/5min ci's on a 2 min chart? Is your tp purely subjective based on candles or do you have a set tp?...I assume sl would be the high of the previous candle..be very interested to hear more bro...anyway congrats on super results Cheers T

I trade very similar to the way Madmoney showed very early in the thread. Go back to this post

http://www.forexfactory.com/showthread.php?p=6808448#post6808448

and read his posts after that for a while. I adapted his method to my own style and have been using it with success.

My chart is not 2 minute but a constant range bar chart. They are like Renko bars, you will need to research them yourself. There is a lot of info here at FF about them.
  • #5,028
  • Sep 15, 2013 9:12am Sep 15, 2013 9:12am
Quoting rob1599
{quote} I trade very similar to the way Madmoney showed very early in the thread. Go back to this post http://www.forexfactory.com/showthread.php?p=6808448#post6808448 and read his posts after that for a while. I adapted his method to my own style and have been using it with success. My chart is not 2 minute but a constant range bar chart. They are like Renko bars, you will need to research them yourself. There is a lot of info here at FF about them.
Very interesting Rob...I assume range bars are not on the mt4 indi's?...What size bars are you using and maybe you could point me in the direction of a good thread on them in FF?

Much appreciated
T
  • #5,029
  • Sep 15, 2013 9:17am Sep 15, 2013 9:17am
Also Rob ..what are your cci values?

Cheers
T
  • #5,030
  • Sep 16, 2013 8:41am Sep 16, 2013 8:41am
Good trading everyone. This is back to the black holes. General when we see one we expect price to go back to it at some point in time..I believe this to be the general understanding. Question is do you guys/gals consider gaps in pricing as black holes too? Like the big gap at market open today
I want more brain power!
  • #5,031
  • Sep 18, 2013 9:42am Sep 18, 2013 9:42am
hmmm.
  • #5,032
  • Sep 18, 2013 9:47am Sep 18, 2013 9:47am
ok. today not a good day.
  • #5,033
  • Sep 18, 2013 10:03am Sep 18, 2013 10:03am
I was going to post BUY @ 1.33382: Lol
  • #5,034
  • Sep 18, 2013 10:07am Sep 18, 2013 10:07am
EURUSD is running into a temporary problem at 1.33648!, The monthly direction is UP!!!

Reason for mini-buy:
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  • #5,035
  • Sep 18, 2013 10:17am Sep 18, 2013 10:17am
Quoting Eurusdd
I was going to post BUY @ 1.33382: Lol
nice to see you back.

did you mean that price will hit 1.33382 from now onward?
  • #5,036
  • Sep 18, 2013 10:18am Sep 18, 2013 10:18am
Quoting lind
{quote} nice to see you back. did you mean that price will hit 1.33382 from now onward?
I am not really back. Just passing through today and tomorrow! .
No: eurusd will stay away from that level in this mini-up!!! Furthermore, there is a problem at 1.3368 so, eurusd will hang between the two for sometime
  • #5,037
  • Sep 18, 2013 10:23am Sep 18, 2013 10:23am
Quoting Eurusdd
{quote} I am not really back. Just passing through today and tomorrow! . No: eurusd will stay away from that level in this mini-up!!! Furthermore, there is a problem at 1.3368 so, eurusd will hang between the two for sometime
still, nice to see you active. thanks for this.

any clues what will happen today with EUR/USD? which direction is good to go?
  • #5,038
  • Sep 18, 2013 10:29am Sep 18, 2013 10:29am
There is a big problem on the MONTHLY chart!!! What that means is simple: Before the end of the month, EURUSD will attempt to shoot up there. So, keep your eyes on the top-side.
  • #5,039
  • Sep 18, 2013 10:40am Sep 18, 2013 10:40am
for now. watch 1.3360
  • #5,040
  • Edited 11:10am Sep 18, 2013 10:55am | Edited 11:10am
eurusd closing in on 1.3360. will struggle in the 1.3362/67 area.
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There is a limit to this mini-rise. 1.3360/5/7
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