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The similarity system

  • #5,921
  • Aug 18, 2014 2:07am Aug 18, 2014 2:07am
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}


Many thanks kprsa!
  • #5,922
  • Aug 18, 2014 2:33am Aug 18, 2014 2:33am
Quoting Dewachen77
{quote} 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
ahhahah, i love football. My favorite selection of football is the RED (Spain).
Unfortunately, the selection was on vacation the whole year.
The second CONDITION (exception) set k = 0.
For k = 0, X (t0) should be between the high and low, and at least one candle (previous or next) will pass through X (t0).
If previous candles do not touch X (t0), then we have high probability that the next candles touch X (t0).
This exception provides a clue, because it omits a variable.
But we have two variables (h, k) that must be synchronized to get optimal results.
Marking an area we need to define two zones (transient and recurrent).
Just that.
  • #5,923
  • Aug 18, 2014 2:34am Aug 18, 2014 2:34am
Looks like a scary opportunity to me
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  • #5,924
  • Aug 18, 2014 2:39am Aug 18, 2014 2:39am
Thank you kprsa.
TWEE, revoke my membership.
  • #5,925
  • Aug 18, 2014 2:54am Aug 18, 2014 2:54am
Quoting feline207
Looks like a scary opportunity to me {image}
Look carefully at your chart again and you will find that the next bar hit recurrent prices in the recurrent zone below your transient zone!

lol: condition satisfied!!!

I will urge you and others to understand the implications of that key proposition properly before trying to use it. If you understand it well, you will get your EUREKA moment. Otherwise, it will be a nightmare for you.
  • #5,926
  • Aug 18, 2014 3:08am Aug 18, 2014 3:08am
Quoting Eurusdd
{quote}Look carefully at your chart again and you will find that the next bar hit recurrent prices in the recurrent zone below your transient zone! lol: condition satisfied!!!
Well yes, but it depends on the parameters that i have chosen. The transient zone appered to be about 8 pips, so it could have gotten really ugly if i was hoping for a deeper retrace Of course that is a low probabiltiy event as you said, but every once in a while i would burn the dollar bills
  • #5,927
  • Aug 18, 2014 3:08am Aug 18, 2014 3:08am
Quoting Eurusdd
{quote}Look carefully at your chart again and you will find that the next bar hit recurrent prices in the recurrent zone below your transient zone! lol
WOW.

I was stuck on a couple issues on where to go next but this thread has been absolutely packed with information and hints a la eurusdd and some great questions from other people.

eurusdd you are the beast my friend.

I still have 1 very important issue to solve, but the initial results are spot on with what's been said.

The below is not the results of my backtesting, but rather of fact checking.
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"Mrrraggglhlhghghlgh"
  • #5,928
  • Aug 18, 2014 3:11am Aug 18, 2014 3:11am
Quoting feline207
{quote} Well yes, but it depends on the parameters that i have chosen. The transient zone appered to be about 8 pips, so it could have gotten really ugly if i was hoping for a deeper retrace Of course that is a low probabiltiy event as you said, but every once in a while i would burn the dollar bills
The problem is you still don't get what the proposition is saying. In a way I am happy you guys are not getting it totally. That means the true application is still hidden. Only one person has got it so far...

You are focusing on the wrong things and that is preventing you from getting your arbitrage moment. Look at the proposition again and think about the probabilities and content.!!!

nice day.
  • #5,929
  • Edited 3:34am Aug 18, 2014 3:17am | Edited 3:34am
Let me help you with probabilities a little in case you don't get the idea. To work with probabilities you need to understand this!

While you are still wondering if this stuff works, I just made another $1,000 on demo and $3,298 on real.
  • #5,930
  • Aug 18, 2014 3:41am Aug 18, 2014 3:41am
PROBABILITIES PITFALLS

1: Just because an event has zero(0) probability of occurring does not mean it cannot occur. So those who don't understand probability on the eurusd thread called me names when i said an event will occur with probability 100% and it did not occur immediately. I laughed at them because immediately i knew their level of intelligence in these matters.

For example, on the positive real line, the probability that a randomly chosen positive number is prime is zero(0) almost-surely, but we all know there are infinitely many primes. The set of primes is a non-event: forms a set of measure zero. Therefore, almost-surely, every positive number is not a prime.

That does not mean there are no primes or if you run down the positive real-line you will never meet a prime. So, just because there is a prime does not mean the statement is false.

Furthermore, how can you use this fact in business?

When they were laughing at me on the eurusd thread, I was also laughing at them in my house because I knew most of them were going to lose. They were fooled by their mis-understanding of probability
  • #5,931
  • Aug 18, 2014 3:47am Aug 18, 2014 3:47am
When eurusd hit 1.3390, that was a rare event and to have two rare events in a row will be rare-rare. So, I said, "the up is not sustainable", yet many went on saying I am fraud. well I left the thread and called eurusd to fall back to 1.3347 starting monday. We all know what happened. Today, they are quiet.
  • #5,932
  • Aug 18, 2014 3:52am Aug 18, 2014 3:52am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote}Look carefully at your chart again and you will find that the next bar hit recurrent prices in the recurrent zone below your transient zone! lol: condition satisfied!!! I will urge you and others to understand the implications of that key proposition properly before trying to use it. If you understand it well, you will get your EUREKA moment. Otherwise, it will be a nightmare for you.

Do you always enter on the next candle past the h-transient zone? The problem for me is knowing when to enter to avoid too much drawdown.
The exit is virtually guaranteed but how best to enter.
An expert is a man who has made all the mistakes which can be made
  • #5,933
  • Aug 18, 2014 3:59am Aug 18, 2014 3:59am
Quoting Eurusdd
PROBABILITIES PITFALLS 1: Just because an event has zero(0) probability of occurring does not mean it cannot occur. So those who don't understand probability on the eurusd thread called me names when i said an event will occur with probability 100% and it did not occur immediately. I laughed at them because immediately i knew their level of intelligence in these matters. For example, on the positive real line, the probability that a randomly chosen positive number is prime is zero(0) almost-surely, but we all know there are infinitely many primes....
Eurusdd,

in probability there are two types of zeros (0):
- Inability
- Almost certainly impossible
Unable to those numbers that do not fall in the list
Almost certainly impossible, those numbers entering the list
??
  • #5,934
  • Aug 18, 2014 3:59am Aug 18, 2014 3:59am
So, if you find one instance on your chart where your choice of h or k did not work or price did not behave as you expected immediately, that is a rare event. There next instance is most likely to work So, do not raise your hand to the sky cursing the powers that be. Have more confidence that you will not be living to see a rare-rare event. Probability is on your side. The next instance is good to go...
  • #5,935
  • Aug 18, 2014 4:03am Aug 18, 2014 4:03am
Quoting Eurusdd
.... Today, they are quiet.
and probably reading carefully this thread
the market is not random but anything can happen.
  • #5,936
  • Aug 18, 2014 4:07am Aug 18, 2014 4:07am
Quoting Neio
{quote} Do you always enter on the next candle past the h-transient zone? The problem for me is knowing when to enter to avoid too much drawdown. The exit is virtually guaranteed but how best to enter.
CLOSE on the timeframe T that created the zone.
A pip is only worth it if you know how much you risked to earn it
  • #5,937
  • Aug 18, 2014 4:20am Aug 18, 2014 4:20am
Quoting vspatrick
{quote} and probably reading carefully this thread
bad ooh. I will come back i oct will more precision that will blow your minds. By then you will also have some experience with the little thigns introduced here. Forex is difficult but not impossible as a means of income. j ust open your mind and stop living in the past!!! stay blessed.
  • #5,938
  • Aug 18, 2014 4:29am Aug 18, 2014 4:29am
Quoting Neio
{quote} Do you always enter on the next candle past the h-transient zone? The problem for me is knowing when to enter to avoid too much drawdown. The exit is virtually guaranteed but how best to enter.
Hi Neio, I do not know your trading conditions, but there is a way I trade these setups and in fact, it is the reason behind 50% of my trades on my demo explorer. I am just interested in catching those sure little pips by finding the riskless setups. Where there is confusion, I trade very little lot, i.e. 0.1.

You will have to figure out entries and exits yourself, assuming you want to trade these setups. That will be your secret!
  • #5,939
  • Aug 18, 2014 4:36am Aug 18, 2014 4:36am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote} Hi Neio, I do not know your trading conditions, but there is a way I trade these setups and in fact, it is the reason behind 50% of my trades on my demo explorer. I am just interested in catching those sure little pips by finding the riskless setups. Where there is confusion, I trade very little lot, i.e. 0.1. You will have to figure out entries and exits yourself, assuming you want to trade these setups. That will be your secret!
Many thanks for your reply Eurusdd,

I knew you were going to say that!

I always believed in your ability and you have demonstrated time and time again that you have something worth listening too.
You have opened my eyes.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #5,940
  • Aug 18, 2014 4:47am Aug 18, 2014 4:47am
ok my brain is officially fried by markov and all the theories and equations. lol

Demo-ing on the indi posted. Long in EU betting this area will be transient.
I think i am getting it wrong.
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