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The similarity system

  • #5,081
  • Sep 25, 2013 4:13am Sep 25, 2013 4:13am
Quoting jimsterk
{quote} thank you very much for advice, vlady1974! yeah, i forgot to see the higher timeframe. and 1 hour chart is currently under the retracement, not forming zz-top. similarity system is really difficult and educative. i am currently reading page 210. hope i can catch up you this week. i keep studying and try to post my outcome. anyway, thank you for advice!!!
If you devote yourself to it... it will be one of the more difficult things to do. I'm definitely no expert in my attempts. But I have learned a lot about my trading self trying to apply it. Hope you can too. Good luck!
A pip is only worth it if you know how much you risked to earn it
  • #5,082
  • Sep 25, 2013 4:39am Sep 25, 2013 4:39am
Quoting vlady1974
{quote} I'm staying away from EU until a better signal comes along. The 1H shows a ZZB... so should be a Long signal... but that big DS zone give downside risk. There are other pairs worth looking at. If we get a ZZT today, I may line up a short to target 1.34... until then, flat on EU. Even if we don't get a ZZT and the ZZB holds, it will be ranging thing.... just not worth the effort. {image}
Okay... for non-dissimilarity reasons, I've taken a small Short at 3504 which was just under 3507, a resistance line formed by a previous DS zone.
A pip is only worth it if you know how much you risked to earn it
  • #5,083
  • Sep 25, 2013 4:55am Sep 25, 2013 4:55am
1,35194??
  • #5,084
  • Sep 25, 2013 5:03am Sep 25, 2013 5:03am
Quoting burnssss
1,35194??
Is that the previous high? I have 35182... close enough. It's valid. Weakness would not reach that price... a good signal would turn at slightly lower.
A pip is only worth it if you know how much you risked to earn it
  • #5,085
  • Sep 25, 2013 5:06am Sep 25, 2013 5:06am
I'm a little confused but I finally understand the system and the need similarity delay system. If these levels were produced the day September 19, there are some more upper level uncorrected, would fail me temporalities contrast with more as I'm using tf5min.
  • #5,086
  • Sep 25, 2013 5:32am Sep 25, 2013 5:32am
Quoting burnssss
I'm a little confused but I finally understand the system and the need similarity delay system. If these levels were produced the day September 19, there are some more upper level uncorrected, would fail me temporalities contrast with more as I'm using tf5min.
I wish I understood more about that... not every ZZ swing is a signal to enter... but I have nothing else to let me know when is optimal.... so back to using Fibs and S/R levels etc.
A pip is only worth it if you know how much you risked to earn it
  • #5,087
  • Sep 25, 2013 5:45am Sep 25, 2013 5:45am
A quantitative analysis of the data is much more accurate, I still keep in implantation period of several programs, and ongoing research. If it is true that the number of levels is higher than can be produced in metatrader.
  • #5,088
  • Sep 25, 2013 9:26pm Sep 25, 2013 9:26pm
EU still strong on upside?
  • #5,089
  • Sep 27, 2013 2:47am Sep 27, 2013 2:47am
Quoting Eurusdd
1.3355 is a possibility by end of week!!!

I see 1.3533 before 1.3355
  • #5,090
  • Sep 27, 2013 12:06pm Sep 27, 2013 12:06pm
Quoting cdavis5766
{quote} I see 1.3533 before 1.3355

I Love it when a plan comes together, got 40 pips. Thanks Eurusdd for opening my eyes to this type of trading.
  • #5,091
  • Sep 27, 2013 11:33pm Sep 27, 2013 11:33pm
The zig zag painted but the stoch is off 0 (although it was at 0 previously). Is this dissimilarity?

ZZ - 24
Stoch - 24

Thanks
Attached Image (click to enlarge)
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  • #5,092
  • Sep 28, 2013 10:20am Sep 28, 2013 10:20am
Quoting Stinky
The zig zag painted but the stoch is off 0 (although it was at 0 previously). Is this dissimilarity? ZZ - 24 Stoch - 24 Thanks {image}
Hi stinky, try stoch 900 with 5 min chart, 300 with 15 min etc and have you tried stochdiffzonex indicator ( by Ralome I think) to mark the dissim and sim periods for you.
  • #5,093
  • Sep 28, 2013 5:07pm Sep 28, 2013 5:07pm
Quoting taypot
{quote} Hi stinky, try stoch 900 with 5 min chart, 300 with 15 min etc and have you tried stochdiffzonex indicator ( by Ralome I think) to mark the dissim and sim periods for you.
Sure, I was just trying out a different dissimilarity. The 900/300 stoch to 1 EMA is the most talked about in this thread, but Eurusdd also mentioned a ZZ-stoch method. Or maybe that was a different forum

Has anyone noticed that almost whatever price you choose, the market will come back to it anyway? When the market starts trending strongly, like on FOMC days, then it may not come back for a long time. But otherwise it does. Identifying BB ZZ stoch DS has about the same probability of a return?
  • #5,094
  • Sep 29, 2013 3:47am Sep 29, 2013 3:47am
Quoting Stinky
{quote} Sure, I was just trying out a different dissimilarity. The 900/300 stoch to 1 EMA is the most talked about in this thread, but Eurusdd also mentioned a ZZ-stoch method. Or maybe that was a different forum Has anyone noticed that almost whatever price you choose, the market will come back to it anyway? When the market starts trending strongly, like on FOMC days, then it may not come back for a long time. But otherwise it does. Identifying BB ZZ stoch DS has about the same probability of a return?
Yes I agree, price does return quite often to point before the news. I have looked at two other forums to see other points of view regarding overall price movement. The Abonacci system is interesting as he states that the previous years HLC determine this years phases and news just knocks the price around in those phases, briefly driven one way or another by news. His indicators only work on latest version of MT4 though so I can't check his theories but maybe he can give us the other levels that EURUSDD alludes to that his years of research and maths understanding have opened up to him. Another describes how price returns to previous areas of support and resistance because that's where the traders are waiting (of course big news events can change these areas as people have to adjust with game changing events.) I think the similarity system with the cycle indicators and stoch zones and zigzags helps us to find the turning points. Its worth just looking at the stochdiffzonex indicator on its own on a chart and seeing how the price gets kicked around during the dissim pink zone but when the sim green zone starts it often seems to return to where it entered the pink zone. (unless another pink zone starts!) I think that agrees with what you are talking about....
  • #5,095
  • Sep 29, 2013 6:44am Sep 29, 2013 6:44am
Quoting taypot
{quote} Yes I agree, price does return quite often to point before the news. I have looked at two other forums to see other points of view regarding overall price movement. The Abonacci system is interesting as he states that the previous years HLC determine this years phases and news just knocks the price around in those phases, briefly driven one way or another by news. His indicators only work on latest version of MT4 though so I can't check his theories but maybe he can give us the other levels that EURUSDD alludes to that his years of research...
Thanks for mentioning the Abonacci System. It's interesting that Aebab says that the 965 phase range combined with the fib levels are constant forever. Could be interesting to combine the stochdif zones and the Abonacci template indicator.
  • #5,096
  • Sep 29, 2013 8:44am Sep 29, 2013 8:44am
Quoting Stinky
{quote} Thanks for mentioning the Abonacci System. It's interesting that Aebab says that the 965 phase range combined with the fib levels are constant forever. Could be interesting to combine the stochdif zones and the Abonacci template indicator.
Yes that would be interesting. Please let me know if you get anywhere. He has two threads, his older one may be for my MT4 but I can't download indicators very easily as only on slow dial up while travelling. His new thread is only 6 pages long so easier to read but unfortunately I think indicators may be for MT5 or a newer version of MT4 that I don't have.
  • #5,097
  • Sep 29, 2013 7:03pm Sep 29, 2013 7:03pm
Quoting taypot
{quote} Yes that would be interesting. Please let me know if you get anywhere. He has two threads, his older one may be for my MT4 but I can't download indicators very easily as only on slow dial up while travelling. His new thread is only 6 pages long so easier to read but unfortunately I think indicators may be for MT5 or a newer version of MT4 that I don't have.
There are parameters to enter to make the Abonacci Templates Manual v7.0 indicator work. My MT4 is v4 build 509.

I couldn't see anything useful comparing Stochdifzone to Abonacci. I think DS is a concept to be applied in some other way to come up with the Delay system.
  • #5,098
  • Sep 29, 2013 7:23pm Sep 29, 2013 7:23pm
I have a black hole at 1.3511 which will also close my brokers gap.
  • #5,099
  • Sep 30, 2013 3:58am Sep 30, 2013 3:58am
I got 1.3511 exactly then price has retreated again
  • #5,100
  • Sep 30, 2013 4:39am Sep 30, 2013 4:39am
Quoting cdavis5766
I got 1.3511 exactly then price has retreated again
That's awesome cdavis5766. What is your definition of a black hole and do you use the stoch BB EMA dissimilarity by itself?
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