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The similarity system

  • #5,401
  • Aug 13, 2014 12:49pm Aug 13, 2014 12:49pm
Quoting Eurusdd
{quote} Hi. that picture is made up uf 1hr and 30min charts. Both look very similar. Buy there is a dis-similarity. One the 1hr chart there are 4 white symbols. but on the 30min, there are only three. So, the market has to move in a way to create 4 on the 30min(so that both chart are in sync again). The only way that can happen is for price to go UP!!!!
Samaralala, I'm just looking at this... I hadn't actually spotted the Dissimilarity so I am also reviewing today's move.

What I'm seeing is that there is a "double hump" on the 30M which doesn't appear on the 1H. The price this occurred at was roughly 3409.

In terms of Fundamentals that I know of, there was chatter of fund managers etc wanting a decent place for shorts. I had thought that 3424 would have been sufficient, but since there were other news items that occurred over the last 3 trading days, the 3409 may have provided an opportunity for a sell. This took place which brought price down, but then shot back up to close that arbitrage.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-30M.jpg Size: 208 KB
A pip is only worth it if you know how much you risked to earn it
  • #5,402
  • Aug 13, 2014 1:09pm Aug 13, 2014 1:09pm
Quoting vlady1974
{quote} Samaralala, I'm just looking at this... I hadn't actually spotted the Dissimilarity so I am also reviewing today's move. What I'm seeing is that there is a "double hump" on the 30M which doesn't appear on the 1H. The price this occurred at was roughly 3409. In terms of Fundamentals that I know of, there was chatter of fund managers etc wanting a decent place for shorts. I had thought that 3424 would have been sufficient, but since there were other news items that occurred over the last 3 trading days, the 3409 may have provided an opportunity...

THanks for your explanation Vlad. What are these Crosses and Ticks - did you manually add this just for the purpose of explaining this diagram?
If you fall, I shall be there. - The floor
  • #5,403
  • Aug 13, 2014 1:12pm Aug 13, 2014 1:12pm
Quoting samaralala
{quote} THanks for your explanation Vlad. What are these Crosses and Ticks - did you manually add this just for the purpose of explaining this diagram?
This is Eurusdd's chart. You will need to review the last couple of hours of posts.
the crosses and ticks are his. I'm guessing they mark areas of mid-price.
A pip is only worth it if you know how much you risked to earn it
  • #5,404
  • Aug 13, 2014 1:13pm Aug 13, 2014 1:13pm
Quoting vlady1974
{quote} I see where you are going. It was a creative suggestion! The problem is, the Dissimilarity Event is unknown and unpredictable. You can only measure it and react to it once it's happened. Perhaps what you are meaning is: a) DISSIM Event has been tagged or recorded at PRICE DS b) A major price move needs to occur near or on PRICE DS c) On sufficient move away from (how to measure???) price will be at PRICE DT d) Price will then move BACK towards PRICE DS. That setup then allows you to enter a trade of some sort with respect to (a) The further...
Yes. interesting theories for sure. The reason I have so much problems figuring out how to react ( and I assume many have ), is because this topic, among with other topics of EURUSDD are mostly reverse engineering.

Personally the only way to go is to first find out the "why" , to then make solid strategies based on this. Despite simple similarity practical approaches are described on page 1 onwards, people dont know what makes them effective. They need to know underlying fundamentals first, explained in a clear way.

Once people have this fundamental knowledge, we can work towards creating and adjusting new strategies with ones creativity, knowledge and experience. I dont know about you but despite the fact that sim and dsim clearly has an effect on price, I have a hard time figuring out exactly what is going on.
  • #5,405
  • Aug 13, 2014 1:14pm Aug 13, 2014 1:14pm
Quoting vlady1974
{quote} This is Eurusdd's chart. You will need to review the last couple of hours of posts. the crosses and ticks are his. I'm guessing they mark areas of mid-price.

For the purpose of this excercise, I have actually printed these out and I am staring at them...
If you fall, I shall be there. - The floor
  • #5,406
  • Aug 13, 2014 1:23pm Aug 13, 2014 1:23pm
Quoting Robertk
{quote} Yes. interesting theories for sure. The reason I have so much problems figuring out how to react ( and I assume many have ), is because this topic, among with other topics of EURUSDD are mostly reverse engineering. Personally the only way to go is to first find out the "why" , to then make solid strategies based on this. Despite simple similarity practical approaches are described on page 1 onwards, people dont know what makes them effective. They need to know underlying fundamentals first, explained in a clear way. Once people have this...
markets exist because of incomplete information to participants. So, i am ok if you don't know what exactly is going on. i don't need windows closing before they open! I need windows to remain opened for me to make money. So, i gave you just what is enough!!!
  • #5,407
  • Aug 13, 2014 1:26pm Aug 13, 2014 1:26pm
Quoting Robertk
{quote} Yes. interesting theories for sure. The reason I have so much problems figuring out how to react ( and I assume many have ), is because this topic, among with other topics of EURUSDD are mostly reverse engineering. Personally the only way to go is to first find out the "why" , to then make solid strategies based on this. Despite simple similarity practical approaches are described on page 1 onwards, people dont know what makes them effective. They need to know underlying fundamentals first, explained in a clear way. Once people have this...
Quoting myself here. One hint given by eurusdd in the past is DNA of price. I suggest we take a look at this first, in order at least have an understanding of what creates the levels mentioned by eurusdd.
  • #5,408
  • Aug 13, 2014 1:29pm Aug 13, 2014 1:29pm
Quoting samaralala
{quote} For the purpose of this excercise, I have actually printed these out and I am staring at them...
i do not think you will be able to see anything because the dissimilarity in these charts is not visual but something sensitive captured by the effective tools only
As Above, So Below
  • #5,409
  • Aug 13, 2014 1:32pm Aug 13, 2014 1:32pm
Quoting tashkent
{quote} i do not think you will be able to see anything because the dissimilarity is not visual but something sensitive captured by the effective tools only
SPOT ON. TO EACH HIS own!!!
  • #5,410
  • Aug 13, 2014 1:35pm Aug 13, 2014 1:35pm
Quoting Eurusdd
{quote} markets exist because of incomplete information to participants. So, i am ok if you don't know what exactly is going on. i don't need windows closing before they open! I need windows to remain opened for me to make money. So, i gave you just what is enough!!!
I very much respect that and I think I know what you are saying here . The thing is, the human mind is a beautiful thing and can interpretate things a thousand ways ( just look at how many offsprings came from your concepts in the past, including missleading ones such as semafor).

In other words, do you want your followers to be robots, following your calls, or in a better case, applying the basic static posted indicators on their charts.

Or is there room for improvement where your followers can use their own creativity whatsoever, in order to even improve this further... The last one can only be achieved when they actually know what is going on.
  • #5,411
  • Edited 1:50pm Aug 13, 2014 1:35pm | Edited 1:50pm
Quoting samaralala
{quote} For the purpose of this excercise, I have actually printed these out and I am staring at them...
Good luck with that, you don't even know what the indicator settings are.
  • #5,412
  • Aug 13, 2014 1:35pm Aug 13, 2014 1:35pm
Pardon my ignorance. I'm still trying to understand whats going on,but...

1. Was there a DISSIMILARITY problem at 1.3342??? (red rectangle area)

2. Is that what PA at the yellow rectangle area is trying to correct???
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 54 KB
  • #5,413
  • Aug 13, 2014 1:48pm Aug 13, 2014 1:48pm
Quoting tashkent
{quote} i do not think you will be able to see anything because the dissimilarity in these charts is not visual but something sensitive captured by the effective tools only
Yes, at first i tought i might be requiring stronger perscription...
If you fall, I shall be there. - The floor
  • #5,414
  • Aug 13, 2014 1:48pm Aug 13, 2014 1:48pm
Quoting vlady1974
{quote} This is funny, I do not mean to single anyone out but this is the problem with traders, all are fascinated with EURUSDD's results and are visiting the thread that explains the concept or a principle to his fantastic results, but do not get that you should read from the beginning of the thread.
Similarity is about parity or equivalence across all measuring sticks. If you have a ruler, 100cm = 1meter, no matter what ruler you use. With market prices though, it's a moving object: Price changes value Duration of value changes via Time Prices are dependent on Source (Broker) The theory then is that if you grab a price graph on a 5M chart, and then add any indicator that matches the swings of Price (you must change the settings) In theory, the price and the indicator should be the same. The theory must also hold true for different timeframes. So the 5M / 15M / 1H and 4H should have the same swings relative to their larger timeframe. The moment you have DISSIMILARITY is the trade opportunity because this is arbitrage. Once SIMILARITY is restored, then the trading window is closed.[/quote]

Thank you Vlady, I admire Eurusdd's concept but couldn't really understand it from his posts. The Picture is getting clearer. Thanks gents.
  • #5,415
  • Aug 13, 2014 1:49pm Aug 13, 2014 1:49pm
Quoting Robertk
{quote} I very much respect that and I think I know what you are saying here . The thing is, the human mind is a beautiful thing and can interpretate things a thousand ways ( just look at how many offsprings came from your concepts in the past, including missleading ones such as semafor). In other words, do you want your followers to be robots, following your calls, or in a better case, applying the basic static posted indicators on their charts. Or is there room for improvement where your followers can use their own creativity whatsoever,...
Misleading? hmm... I seem to be making money with it, demo and live.... No problem, if you understand the principle and how to use the tools, as for how EURUSDD came to get the settings that is beyond me, I simply followed instructions and adapted the tools in such a way to make it trade-able for me. I understood from the start that whatever indicator I or any other trader here, other than EURUSDD, will not have a complete picture of what is going on or where his dis similarity really appears. I am fine with that.
His numbers and figures for the settings he has shared "work", that is all I need. repainting or not but repainting is a signal in itself if you know what I mean
  • #5,416
  • Aug 13, 2014 1:53pm Aug 13, 2014 1:53pm
Quoting Baillie
{quote} Misleading? hmm... I seem to be making money with it, demo and live.... No problem, if you understand the principle and how to use the tools, as for how EURUSDD came to get the settings that is beyond me, I simply followed instructions and adapted the tools in such a way to make it trade-able for me. I understood from the start that whatever indicator I or any other trader here, other than EURUSDD, will not have a complete picture of what is going on or where his dis similarity really appears. I am fine with that. His numbers and figures...
As long as you make money with it thats cool! eurusdd however mentioned that semafor is not what he is using because it creates only a few signals that are a copy of his own way. I call it missleading because its coded in such a way that only parts show a hidden message what eurusdd is using, the remainder is noise. While typing this I actually came to the idea to analyze this code and maybe grab some hints along the way
  • #5,417
  • Aug 13, 2014 1:54pm Aug 13, 2014 1:54pm
Quoting Eurusdd
{quote}SPOT ON. TO EACH HIS own!!!

So what is this effective TOOL we are talking about? you can sms ms/skype me privately and we can agree on a price?
If you fall, I shall be there. - The floor
  • #5,418
  • Aug 13, 2014 1:58pm Aug 13, 2014 1:58pm
?????
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 58 KB
  • #5,419
  • Aug 13, 2014 2:00pm Aug 13, 2014 2:00pm
Quoting samaralala
{quote} So what is this effective TOOL we are talking about? you can sms ms/skype me privately and we can agree on a price?
if he sell or advertise anything for profit , he would be moved directly to commercial section . and as far as I know about it , they dont have good reputation there
Get Rich or Die Tryin
  • #5,420
  • Aug 13, 2014 2:03pm Aug 13, 2014 2:03pm
Quoting Eurusdd
{quote} for the 1MONTH CHART. PLEASE TEST IT and post your chart here, quick so I can check before I sign out! Thanks. {file}
Hi EURUSDD,
Your 1 Month Chart Template came with these settings, For Bollinger Band method.

-Main Window-
Bollinger Band: Period: 4 Shift: 0 Deviation: 2 Apply To: Close
ZigZag: Depth: 12 Deviation: 5 Backstep: 3
MA: Period: 1 Shift: 0 MA Method: Exponential Apply To: Close

-Indicator Window-
Custom Stoch: K Period: 5 D Period: 3 Slowing: 3
Bollinger Band: Period: 4 Shift: 0 Deviation: 2

Can I use them for other TFs as well. Or do I have to modify them? If yes then how?
Much thanks!
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