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The similarity system

  • #5,281
  • Aug 12, 2014 9:07pm Aug 12, 2014 9:07pm
Quoting CholiPop
Has anyone had pretty good success trading this system on the 1m tf?
Which Indicator package you talking about? This system covers about 5, not including EURUSDD's private collection.
  • #5,282
  • Aug 12, 2014 9:10pm Aug 12, 2014 9:10pm
Quoting Baillie
{quote} Which Indicator package you talking about? This system covers about 5, not including EURUSDD's private collection.
I honestly have no idea on where to begin. I read the first 2 pages of the thread and then jumped to the last page. Would you please be as kind of enough to please guide me Baillie? I would love to try something new which will result in better scalping trades.
Banks scalp, why don't you?
  • #5,283
  • Aug 12, 2014 9:11pm Aug 12, 2014 9:11pm
Did you read the first part of this thread? 30 pages should be enough or just read all of EURUSDD's posts.
  • #5,284
  • Aug 12, 2014 9:18pm Aug 12, 2014 9:18pm
Quoting CholiPop
{quote} I honestly have no idea on where to begin. I read the first 2 pages of the thread and then jumped to the last page. Would you please be as kind of enough to please guide me Baillie? I would love to try something new which will result in better scalping trades.
I have read all of Eurusdd's posts in this thread twice. And i think it is not enough, now reading his posts for the 3rd time ..... I believe there is something there, like some friends said : "This is a puzzle. We must find each pieces of the puzzle, and put it to the right place .... if we are serious, hopefully we can find it ... "
  • #5,285
  • Aug 12, 2014 9:18pm Aug 12, 2014 9:18pm
Quoting CholiPop
{quote} I honestly have no idea on where to begin. I read the first 2 pages of the thread and then jumped to the last page. Would you please be as kind of enough to please guide me Baillie? I would love to try something new which will result in better scalping trades.
I goofed around with all of the indicators mentioned here and with all the special designed ones for this thread, and you can see from my posts what I came up with, If you like what you seen from my posts I will post a template. Let me know, but I still suggest reading some more first.
  • #5,286
  • Aug 12, 2014 9:19pm Aug 12, 2014 9:19pm
Quoting Baillie
{quote} Which Indicator package you talking about? This system covers about 5, not including EURUSDD's private collection.
You define it perfectly ...
  • #5,287
  • Aug 12, 2014 9:22pm Aug 12, 2014 9:22pm
Quoting Dewachen77
{quote} I have read all of Eurusdd's posts in this thread twice. And i think it is not enough, now reading his posts for the 3rd time ..... I believe there is something there, like some friends said : "This is a puzzle. We must find each pieces of the puzzle, and put it to the right place .... if we are serious, hopefully we can find it ... "
Yes, you should look into trying to use what was presented in the beginning of the thread to unlock the treasure.
  • #5,288
  • Aug 12, 2014 9:25pm Aug 12, 2014 9:25pm
Quoting CholiPop
{quote} I honestly have no idea on where to begin. I read the first 2 pages of the thread and then jumped to the last page. Would you please be as kind of enough to please guide me Baillie? I would love to try something new which will result in better scalping trades.
I missed your post
  • #5,289
  • Aug 12, 2014 9:29pm Aug 12, 2014 9:29pm
Quoting CholiPop
{quote} I honestly have no idea on where to begin. I read the first 2 pages of the thread and then jumped to the last page. Would you please be as kind of enough to please guide me Baillie? I would love to try something new which will result in better scalping trades.
Because there is no package for you to download and use. The thread is a concept and each one must understand the concept and figure out how to apply it. If you can, you can make precise calls.

The similarity principle is what you must understand.
  • #5,290
  • Aug 12, 2014 11:06pm Aug 12, 2014 11:06pm
Hi all,
Is there an error at the range of 1.3383x ?? The EURUSD will incline from now on?
  • #5,291
  • Aug 12, 2014 11:23pm Aug 12, 2014 11:23pm
Quoting LITEchild
{quote} pardon my ignorance, but how is this indicator different from the the default fractal indicator in mt4??? {image}
Hi,
It differs because this version of the omega indicator does not look at the second future bar, just the first one. If it is a high omega, and the following bar is higher, it will repaint itself to the next bar. However, it either stays on the bar or repaint to the next, but does not disappear, which the Fractal indicator does if the central bar has a lower high than the second bar in the future (analogous for the low omega). .
Omegas should appear in the high-low-high-low meandering pattern most of the time. The problem points are when there are, for example, two successive high omegas, with the second lower than the first.
In your picture, the problem points are shown with a Dodger Blue circle around the Fractal symbol. You can change the third indicator linewidth to 4 to see the identified problem points better and can visually inspect their past behavior...
Cheers,
kprsa
  • #5,292
  • Aug 12, 2014 11:39pm Aug 12, 2014 11:39pm
After Eur market open in some hours, it is time for me to sell ...
Attached Image (click to enlarge)
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  • #5,293
  • Aug 13, 2014 12:11am Aug 13, 2014 12:11am
Quoting kprsa
{quote} Hi, It differs because this version of the omega indicator does not look at the second future bar, just the first one. If it is a high omega, and the following bar is higher, it will repaint itself to the next bar. However, it either stays on the bar or repaint to the next, but does not disappear, which the Fractal indicator does if the central bar has a lower high than the second bar in the future (analogous for the low omega). . Omegas should appear in the high-low-high-low meandering pattern most of the time. The problem points are when...
Tnx for the clarification buddy. Makes sense now. Nice work by the way
  • #5,294
  • Aug 13, 2014 1:10am Aug 13, 2014 1:10am
Most powerful thing to master.

Best place to place a stoploss!!!!! A tight but optimal stoploss level!!! To master this you must understand the market and space-time fabric of trading! Price is defined in space and in time! If you understand this, you will always be able to place SL at the optimal space-time (closest to price and repellent for long)
  • #5,295
  • Aug 13, 2014 1:19am Aug 13, 2014 1:19am
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  • #5,296
  • Aug 13, 2014 1:27am Aug 13, 2014 1:27am
is the incline to 1.3372x is done? time to going down again?
  • #5,297
  • Aug 13, 2014 2:03am Aug 13, 2014 2:03am
Thank you Eurusdd. My sell orders are in profit now ...
  • #5,298
  • Aug 13, 2014 2:05am Aug 13, 2014 2:05am
Quoting Netflix
is the incline to 1.3372x is done? time to going down again?
Some one call Eurusdd with Grand Master !!! my calculation could be wrong (most of time are wrong ... ) .... so if there is a call from Eurusdd, i must pay attention to it ....
  • #5,299
  • Edited 2:40am Aug 13, 2014 2:10am | Edited 2:40am
Quoting Baillie
{quote} Yes, you should look into trying to use what was presented in the beginning of the thread to unlock the treasure.
Thank you Baillie.
  • #5,300
  • Aug 13, 2014 2:18am Aug 13, 2014 2:18am
Hi Eurusdd or any senior member,

I have some question for you. If we spotted multiple error from the chart (M30, H1 etc), let's call it problem 1, 2 and 3. Is there any sequence to fix the problem? e.g Problem 1 should fix first and next to problem 2 and so on..

Once again, thanks for the nice thread. i'm still learning from the system..
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