The similarity system

Problem is that you don't have enough bars in chart history.

Oh yes, thats right.

Thanks

hello everyone.
my english is poor, sometime i can't understand this system.
i find a dis-similary here.but how to use?
buy or sell? please give me a example.
thank's a lot!

Thank you very much EURUUSDD

For sharing such a wonderful information about market movements. Your thread is like a book and i love the way you teach. Best school of thought i have ever heard about forex! Still try to learn . 100 million thanks and God bless you.

My Thanks to those who contributed this tread madmoney,Ralome,shiva,Juhanimi,crodilla,baillie,neio,Cfdtaleong,jurn-e,vladi1974 and others.

DEAR lqsky88

In your chart you are using wrong stochastic setting.75,1,1 is not optimal for 15 min TF It should be 300,1,1. you can find the 15 m template#post 292

There are so many ways to trade the principle of similarity.it is explained throughout the thread so it is better to read the thread from bigining to understand it completely.If you are trading stoch-bb-zz method trading dissimilarity may cause for big DD (upto 500 pips) euruusdd explained it well and it is for big boys .so in my opinion it is better to trade away from dissimilarity.

I read the whole thread and I am also learning ,we need a practice and patience to trade principles of similarity and i think it cannot explain by single example.

If you find good dissimilrity first mark the price where dissimilarity starts that is your target(blackholes-word used in this thread) from above or below of that price. hope my words help you.

Hello guys,
long time lurker, my first post so I hope I do it right.

Very interesting thread, almost read a 100 pages so far and trying to get my head around it all.
Already manged to do 3 (very) small winning trades, but well 3 could be coincidence

[...]

Opened the r-v2.mq4 Indi from page 140 in the MetaEditor, and when I try to compile it it says:
'SetLevelValue' - declaration without type r-v2.mq4 75 4

EDIT:
For one, I was using the wrong folder, it seems.
Also, concerning the error above:
Moving the SetLevelValue() and SetLevelStyle() calls to the "int init()" function seems to have fixed it.
So it looks like it is working now for me.

[...]

Just had to show this:
This is one trade I took (Demo account, platform is cTrader, EURUSD 15min)
A rather random entry I had setup yesterday evening, and I went out early because I wasn't sure if price would go down all the way....
Well, price actually went down with precision
(My other small winners were using CI, but I am not comfortable at all using CI, too much repaint for me)

EURUSD. I have been using your chart and following much of the conversations and tweaks but i must have missed something. On a few of your charts you have an indicator which are arrows showing the directions of the flow. What are they called and where can i find them??

Just thought I would post that for now I have decided that this system is not for me, I have tried it a bit more and well, sometimes it works, sometimes it does not. Add to it that I do not really understand the reasoning behind it, I am out for now.
Reason I post this is my euphoric post just above, thought that would be fair.

Hello guys,

I am been through the entire thread and couldnt stop reading it, all my trading beliefs are under reconsidaration !!!
Time to read it for the second then third time

But from now on I wanted to start demo-trading,
For those willing to try with me, a valuable friend has adapted the StochDifZones to the Mt4 v600 build.

I hope it will help those of you that came across this thread !

Good luck to all of you,
ChanhXanh

have been doing my first day demo after reading twice the entire thread and 3-4 times the first 30 pages


I will post my thought on EUR/USD session of 15.04.2014 for personnal records as I still can not make any sense of what happened

1st chart : Clean Chart

2nd chart: Chart with Lines

2 purple horizontal line = Range of StochdifZones dissimilarities

12 vertical red lines :
1st: Begining of dissimilarities as per StochdifZones
2nd: Creation of low of the Range: StochDifZones decrease sharply from 1 to 0
3rd: Test of low of the Range : StochDifZones decrease sharply from 1 to 0 (we got a fake BO)
4th: Price rose sharply and StochdifZones increase from 0 to around 2 !!!! --> I see that the top of this is extremely dissimilar and should be tested later
5th: Test the High of the range (beginning of dissimilarity) + Cleared the high of "4th", StochDifzones decreased steadily from 2 to about 0
6th: Test of the low: Stoch difzones remained stable at around 0.25 from number 5th
7th: End of dissimilarity as per StochDifZones -> Price is expected to remain in the range of "1st to 7th" unless new dissimilarites appear
8th: Beginning of new dissimilarity zone as per StochDifZones
9th Retest of the low of the previous dissimilarity Zone: StochdifZones went from 0.20 to about 0 at that point
10th Test of the high of the previous dissimilarity Zone: StochdifZones went from 0 to about 0.20
11th: Price tested the "first candle signaling the beginning of the Dissimilarity Zone
12th: Break of the "1st to 7th" dissimilarity zone

Which signs could have told me that the resistance was weakening to finally break at line 12th???

1st hypotesis: Price found resistance at the "first candle signaling the beginning of Diss Zone --> line 11th
2nd hypotesis: ???
--> Reading post 4903 from Vlad, very interesting

Thanks for the updated indi ChanhXanh.

Now you've got me re-interested.

Just re-read post 2872 from Vlad1974


"If Price BB goes outside of BB Bands, it COULD BE a swing top.... need to check:

1. Stoch BB... if it is inside whilst PriceBB is outside... then high chance (97%) it is a top/bottom"

Pattern to be remembered for my future trades in the picture attached, I believe this is exactly the first TOP where I did put a "Down arrow"
We could have taken the second LH that materialised few minutes thereafter

Hello hepsibah,

I think you catch a nice stuff within a similarity realm.Is it's still working with you? what is the expected drawdown pips in 5 min chart ?which one is the best parameter that price return to? i confuse a part if semafor appears and stochs not at extremes -fake move and price turn back immidiately but it runs till the stochs reaches extreme (where fake semafor appears) right? your help will be appreciated .

Thanks in advance.

Hi sram,

I don't often visit this thread any more but, to answer your question, I no longer purely trade the mismatches between the stoch and semafor because the drawdown was too great (for instance, we are still waiting for a return to 1.31xx from september last year). However, I love the thinking behind 'similarity' and I still mark the relevant prices on the chart but adopt shorter term strategies for making a profit in the interim.

Hallo juhanimi,

Can you tell us, how can you know that the CI indicator will repaint at that point ?

hmm. this thread. just passing through. Maybe I will touch it again soon.

Looking forward to that.

Great .... we are all waiting ...

Hi Baillie,

Your Trade Explorer is based on this "similarity system" ? What is 3 step ZZ ? Is it the 3 ZZ Semafor ? Are you using the simple one or the MTF one?