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The similarity system

  • #5,901
  • Aug 17, 2014 2:44pm Aug 17, 2014 2:44pm
Quoting Freefox
{quote} Ok, thanks for that feedback. Maybe some error in the realtime 'live' logic. That's one problem with developing indicators on a weekend when the markets are closed you can't test it realtime. I'll pick it up tomorrow and make sure it copes when new realtime bars are added. Thanks again for pointing it out.
Sure thanks for helping us
  • #5,902
  • Aug 17, 2014 2:44pm Aug 17, 2014 2:44pm
Quoting Eurusdd
Let us supposed we know the yellow area but the market has not develop the blue area yet. We can then assume that when the region B is matured, it will be transient. So, we declare the area A as recurrent. We then move ahead to find sell position above B. Now, if the market pulls back into B, we win. If B turns out to be transient, our assumption of A as recurrent will give our sell a profit. Both ways, we will win!!!{image}
jajajjaj eurusdd you're a crack.
100% safe, areas of maximum profitability and minimum risk.
  • #5,903
  • Aug 17, 2014 2:45pm Aug 17, 2014 2:45pm
Quoting feline207
{quote} Thank you for that post. I understand that h-bars are before and after current bar, and the blue area is still unknown. What I dont understand is how do we calculate the height of the ractangle area, and how do we make difference where B actually ends and zone A begins. As it is still forming, how can we be sure about the span/height of that area?
On average the height of a transient zone is less than 10% of the window size or the price-active region. That is left to you to figure out!!! I will not go into optimal values!!!

97% of the time, the current price going forward wants to be h-recurrent for some h!!! So, there lies you key to $$$.
  • #5,904
  • Aug 17, 2014 2:50pm Aug 17, 2014 2:50pm
Quoting Eurusdd
{quote} On average the height of a transient zone is less than 10% of the window size or the price-active region. That is left to you to figure out!!! I will not go into optimal values!!!
Yes!! I thought so!
A pip is only worth it if you know how much you risked to earn it
  • #5,905
  • Aug 17, 2014 2:51pm Aug 17, 2014 2:51pm
Quoting Eurusdd
{quote}intelligent observation burnsss... Furthermore, Once you expect a zone to be h-transient, then as soon as price goes above it, assuming the zone is developing at the top, you can declare the area immediately above the zone as h-recurrent and then look for a sell. The following things will happen. If your zone turns out to be h-recurrent, your sell will still win. if your zone turns out to be h-transient, your sell will still win. EITHER way, you will win!! I leave you to figure this out. That is why I can win many times without a loss, even...
Brilliant.
  • #5,906
  • Aug 17, 2014 3:05pm Aug 17, 2014 3:05pm
the only missing point to me is how to define a middle bar

-----I-----

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  • #5,907
  • Edited 6:56pm Aug 17, 2014 5:44pm | Edited 6:56pm
Quoting burnssss
{quote} {image} there are two conditions
Thank you Burnssss,
You show me the world. So far i just saw the point 1, never pay attention to other.
I think i must relax, so i can see things better. Some time i can get some nice thought while i am under the shower or watching television.

Do you like sport Burnsss ? I love football, my dream team is Netherlands, the ORANGE team.

For us who love the Orange team, take a rest ...
http://www.youtube.com/watch?v=BJt7Bm_xiRg
  • #5,908
  • Aug 17, 2014 6:56pm Aug 17, 2014 6:56pm
Quoting vector0
{quote} ..... so if i understand it correctly, we are just betting the price to go back to 'then-transient' prices to make it recurrent. such bet will have a high success rate because it would be against the market trait for not revisiting them....
I know probability is on your side based on Eurusdd's explanations but what if the price DOES NOT go back to transient zone?

Therefore I understand that if my zone turns out to be h-recurrent, my sell position will win, but I don't understand how my sell position wins if my zone
turns out to be h-transient and price DOES NOT want to make it recurrent this time and keep going up?

I believe this is where SL plays its part but then how about Eurusdd's win-win condition?

Anyone?

Kins Regards,
Blackeagle
  • #5,909
  • Aug 17, 2014 7:28pm Aug 17, 2014 7:28pm
As I see it, there are three and a half options. First, price pushes through the zone and then returns some time later to create a recurrent zone. Second, it pushes up and the pushes down in the same bar (it creates a pin bar), and then the pin on the pin bar becomes a transient zone. The third option is that price pushes through and does not return. The other half option is that price pushes through and then returns to the zone, but does not return all the way back to "complete" the zone. In the first two options, as well as the last half option, you can make money by selling regardless of whether the zone eventually becomes transient to recurrent. In the third option, you need to find a way to protect your capital.


Quoting Blackeagle
{quote} I know probability is on your side based on Eurusdd's explanations but what if the price DOES NOT go back to transient zone? Therefore I understand that if my zone turns out to be h-recurrent, my sell position will win, but I don't understand how my sell position wins if my zone turns out to be h-transient and price DOES NOT want to make it recurrent this time and keep going up? I believe this is where SL plays its part but then how about Eurusdd's win-win condition? Anyone? Kins Regards, Blackeagle
  • #5,910
  • Aug 17, 2014 7:54pm Aug 17, 2014 7:54pm
Quoting Sciurus
As I see it, there are three and a half options. First, price pushes through the zone and then returns some time later to create a recurrent zone. Second, it pushes up and the pushes down in the same bar (it creates a pin bar), and then the pin on the pin bar becomes a transient zone. The third option is that price pushes through and does not return. The other half option is that price pushes through and then returns to the zone, but does not return all the way back to "complete" the zone. In the first two options, as well as the last half option,...
Prices does not have to return back into the zone. Since you assumed it is transient you are not selling with the intention of price returning into the zone. You are selling with the expectation that price will re-visit the area above the zone. So, the third option you will still win because price will visit the area above the zone. The other options, you will get more pips because price will not just visit the area above the zone but go down into it as well. This is my last comment on this issue. Thanks people nice week.
  • #5,911
  • Aug 17, 2014 7:57pm Aug 17, 2014 7:57pm
find out how to maximize profit. I leave that to you. Chill. work done.
  • #5,912
  • Aug 17, 2014 8:19pm Aug 17, 2014 8:19pm
Quoting Eurusdd
{quote} Prices does not have to return back into the zone. Since you assumed it is transient you are not selling with the intention of price returning into the zone. You are selling with the expectation that price will re-visit the area above the zone. So, the third option you will still win because price will visit the area above the zone. The other options, you will get more pips because price will not just visit the area above the zone but go down into it as well. This is my last comment on this issue. Thanks people nice week.

Thanks a lot for your comment eurusdd!! Have a great week.
  • #5,913
  • Aug 17, 2014 9:09pm Aug 17, 2014 9:09pm
Quoting Eurusdd
{quote} On average the height of a transient zone is less than 10% of the window size or the price-active region. That is left to you to figure out!!! I will not go into optimal values!!! 97% of the time, the current price going forward wants to be h-recurrent for some h!!! So, there lies you key to $$$.
Thank you very much Eurusdd ...
  • #5,914
  • Aug 17, 2014 10:13pm Aug 17, 2014 10:13pm
Hey Guys,

This is my first post into this thread, having only discovered it a few days ago. I have to say this concept is fascinating to me, Eurusdd you have my full respect .
I have been working my way from the start of the thread and trying my best to understand the concept. Statistics and probability are not my strongest suits and the latest stuff posted is way above my pay grade.

Anyway with that said I was hoping you guys might let me know if I am on the right path regarding the earlier posted concept of stochastic similarities. I apologise for bring up older posts but I am attempting to work from the start of this tread.

This is my attempt to find some trades when the stochastic oscillator differed between the M15 and H1 charts.
Attached Image (click to enlarge)
Click to Enlarge Name: Possible Similar Examples.png Size: 37 KB
"Don't get caught trading wheat in the corn pit"
  • #5,915
  • Aug 17, 2014 10:39pm Aug 17, 2014 10:39pm
Quoting Baillie
Here is an example of what i am talking about: orange rectangle.{image}
I coded this to spot those areas but how will you use this? exactly like the top/bottom boxes?
Attached Image (click to enlarge)
Click to Enlarge Name: aa.JPG Size: 88 KB
follow the flow
  • #5,916
  • Edited Aug 18, 2014 3:32pm Aug 17, 2014 11:06pm | Edited Aug 18, 2014 3:32pm
EDIT: UPDATE: See here for the updated indicator
http://www.forexfactory.com/showthread.php?p=7682396#post7682396



Hi all,

here is something to perhaps assist you with the choice of h...
Might contain bugs: I have just put it together, and I am not very experienced in MT4.
One bar having two zones is here counted as two problem bars, but the choice here changes the stats very liittle.

Eurusdd, if I'm spilling the beans, let me know and I'll delete this post.

Cheers,
kprsa

Attached File(s)
File Type: mq4 RecurrenceStatistic.mq4   7 KB | 1,275 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: Clipboard01.jpg Size: 105 KB
  • #5,917
  • Aug 17, 2014 11:17pm Aug 17, 2014 11:17pm
Quoting kprsa
Hi all, here is something to perhaps assist you with the choice of h... Might contain bugs: I have just put it together, and I am not very experienced in MT4. One bar having two zones is here counted as two problem bars, but the choice here changes the stats very liittle. Eurusdd, if I'm spilling the beans, let me know and I'll delete this post. Cheers, kprsa {file} {image}
Non. you
r effort is good and positive. Making pips is for everyone. What shall a man profit if he makes all the money alone?
  • #5,918
  • Aug 17, 2014 11:26pm Aug 17, 2014 11:26pm
Quoting Eurusdd
{quote}Non. you r effort is good and positive. Making pips is for everyone. What shall a man profit if he makes all the money alone?
My effort is just some coding.
All good ideas here are from you.
cheers
  • #5,919
  • Aug 17, 2014 11:30pm Aug 17, 2014 11:30pm
nice one kprsa, thanks
the market is not random but anything can happen.
  • #5,920
  • Aug 17, 2014 11:48pm Aug 17, 2014 11:48pm
Quoting kprsa
{quote} My effort is just some coding. All good ideas here are from you. cheers
Thank you kprsa

cheers
hannele
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