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The similarity system

  • #6,101
  • Aug 18, 2014 10:30pm Aug 18, 2014 10:30pm
Quoting Neio
{quote} So this did not work out and the transient zone ended up at around 9.2 pips in height (between 1.33794 and 1.33702). The average transient zone is around 2.6. This is what concerns me is even though we have a good trade opportunity it is hard to know how much into the zone you should target. I thought my target was quite conservative as it would have still left the box with 7 pips in height. Increasing the h value would not have made any difference
You guys are always focusing on the wrong things.forget about that transient zone above. Since it is turning out to be one, the region below has a high probability for recurrent prices. That is where you should focus your little buys.
Now, if you draw horizontal lines below that recent low-probability transient zone, the chance price will hit it at least twice is high. that is your window to profit!!!

since that rare event (transient zone) is not likely to occur immediately again, you can continue picking up pips down there.
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  • #6,102
  • Aug 18, 2014 10:57pm Aug 18, 2014 10:57pm
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
{quote}You guys are always focusing on the wrong things.forget about that transient zone above. Since it is turning out to be one, the region below has a high probability for recurrent prices. That is where you should focus your little buys. Now, if you draw horizontal lines below that recent low-probability transient zone, the chance price will hit it at least twice is high. that is your window to profit!!! since that rare event (transient zone) is not likely to occur immediately again, you can continue picking up pips down there.{image}

thanks for clarifying.

Where will price hit twice? Each horizontal line? The underside of the transient zone?

How are the horizontal lines determined?

Sorry for the questions I really want to make sure I have got it right.
An expert is a man who has made all the mistakes which can be made
  • #6,103
  • Aug 18, 2014 11:11pm Aug 18, 2014 11:11pm
Quoting Eurusdd
{quote}You guys are always focusing on the wrong things.forget about that transient zone above. Since it is turning out to be one, the region below has a high probability for recurrent prices. That is where you should focus your little buys. Now, if you draw horizontal lines below that recent low-probability transient zone, the chance price will hit it at least twice is high. that is your window to profit!!! since that rare event (transient zone) is not likely to occur immediately again, you can continue picking up pips down...
Pls pardon my ignorance, but are those the zones you mean???
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  • #6,104
  • Aug 18, 2014 11:23pm Aug 18, 2014 11:23pm
Quoting Eurusdd
{quote}You guys are always focusing on the wrong things.forget about that transient zone above. Since it is turning out to be one, the region below has a high probability for recurrent prices. That is where you should focus your little buys. Now, if you draw horizontal lines below that recent low-probability transient zone, the chance price will hit it at least twice is high. that is your window to profit!!! since that rare event (transient zone) is not likely to occur immediately again, you can continue picking up pips down there.{image}
Hi Eurusdd, why are your cyan boxes all different widths? Do you recommend using different h values within the same screen? Thanks.
You reap what you sow.
  • #6,105
  • Aug 18, 2014 11:34pm Aug 18, 2014 11:34pm
why i cant attach R-V1 and R-v2 to my chart....please help me....tq
  • #6,106
  • Aug 19, 2014 12:43am Aug 19, 2014 12:43am
Quoting josh11
{quote} Hope some of you took my call lol hit 1.3365 to the pip! just made a mint Thank you Eurusdd Vlady1974 u was right about the time
Yes, you got it ... and thanks for the call ...
  • #6,107
  • Edited 1:07am Aug 19, 2014 12:48am | Edited 1:07am
Quoting ruben17
why i cant attach R-V1 and R-v2 to my chart....please help me....tq
Hi ruben, i am not so sure ... may be incompatible MT4 build cause this ? If you are using build 6xx, try to use build 509. If it works, then incompatible mt4 version is the source of problem. Edit: I am not at my computer right now, so i can not test it .... sorry....
  • #6,108
  • Aug 19, 2014 1:03am Aug 19, 2014 1:03am
Quoting vlady1974
{quote} Looks like it was greater than 15. Currently 21 bar count from my anchor. My anchor could be wrong. But it didn't go near 3360 for at least 16 bars of 2 minutes.
Hi Vlady, can you give a clue on time prediction?
Thanks
  • #6,109
  • Aug 19, 2014 1:20am Aug 19, 2014 1:20am
Ok. 1.3347 problem solved. Now I can vanish!
  • #6,110
  • Aug 19, 2014 1:25am Aug 19, 2014 1:25am
Quoting Eurusdd
Ok. 1.3347 problem solved. Now I can vanish!

A pip is only worth it if you know how much you risked to earn it
  • #6,111
  • Aug 19, 2014 1:45am Aug 19, 2014 1:45am
Quoting Eurusdd
Ok. 1.3347 problem solved. Now I can vanish!
Ta da, see you next time.
  • #6,112
  • Aug 19, 2014 2:18am Aug 19, 2014 2:18am
Quoting Eurusdd
Ok. 1.3347 problem solved. Now I can vanish!
Thank you very much Eurusdd ... see you in October ...
  • #6,113
  • Aug 19, 2014 2:51am Aug 19, 2014 2:51am
Quoting giovanni4000
{quote} Hi Vlady, can you give a clue on time prediction? Thanks
Probably best not to confuse people with more stuff. Better to concentrate on how to trade the zones.Besides, that was just an experiment turned good. May not work next time.
A pip is only worth it if you know how much you risked to earn it
  • #6,114
  • Aug 19, 2014 2:58am Aug 19, 2014 2:58am
The global idea of transient/recurrent is to sclap 1-10 pips in a sure range market?
Bottomless wonders spring from simple rules, which are repeated without end
  • #6,115
  • Edited 4:24am Aug 19, 2014 2:58am | Edited 4:24am
Quoting vlady1974
{quote} Probably best not to confuse people with more stuff. Better to concentrate on how to trade the zones.Besides, that was just an experiment turned good. May not work next time.
I see ... you are right. Thanks

Quoting Eurusdd
Ok. 1.3347 problem solved. Now I can vanish!
Thanks Eurusdd ...
  • #6,116
  • Aug 19, 2014 3:21am Aug 19, 2014 3:21am
Hello everyone,

I have been lurking this topic for some time and it all still boggles my mind. I have checked EURUSD trades with my chart and using two indicators from this thread namely the Fractal Zones and RecurrenceStatsV1 + V2 and his entries are spot on to the fractal arrows.

Now I would like to know if there is a post I missed where the system is explained and is the system in 1# still used? (Including those two indicators that don't work on version 600+) From reading the thread you suddenly see a change where people use MACD/SToch and pretty much plaster their charts and then it is suddenly these fractal zones and neat charts.

I appreciate the help cause it would supplement my current BB strategy.
  • #6,117
  • Aug 19, 2014 3:28am Aug 19, 2014 3:28am
Quoting limprobable
The global idea of transient/recurrent is to sclap 1-10 pips in a sure range market?
No, that's just a trading strategy.

The Global Idea
... is not to trade highly improbable events that are likely to fail 97% of the time.
Highly improbable events are moments when prices reach a transient state which is 3% of the time.

The Goal
... is to identify and differentiate price levels (or ranges) that have a high probability of recurrence compared to transient prices.
We have a method for this. Once you have achieved the goal of identifying the areas of probability...

Your Strategy
... is to employ your own trading style that will trade FROM an improbable state TO a probable state.
In other words to trade away from a Transient Zone to a Recurrent Zone.

Tactics That Can Be Used to Achieve The Strategy

  1. Transient Zone (TZ) formed at bottom, Long from the top of the zone in an upwards direction away from TZ
  2. Long wick formed inside TZ that near bottom. Long from the wick on the other side (given your k value). Price will go back through TZ and onto the opposite Recurrent Zone (RZ) on the other side. This is Eurusdd's tactic of not waiting and acting on the next bar.
  3. Breakout/Retest from any TZ and enter on the retest failure (Vlad's preferred tactic which is a conservative approach)
  4. Straddle Scalp. Place pending longs/shorts on either side of TZ.
  5. TZ Stradle, if price is staying within TZ place pendings just inside the TZ borders.
  6. ..... etc etc etc which is all up to you.

A pip is only worth it if you know how much you risked to earn it
  • #6,118
  • Aug 19, 2014 3:32am Aug 19, 2014 3:32am
Quoting vlady1974
{quote} No, that's just a trading strategy. The Global Idea ... is .
Ok thanks Vlady.
Bottomless wonders spring from simple rules, which are repeated without end
  • #6,119
  • Aug 19, 2014 3:36am Aug 19, 2014 3:36am
Quoting Satex
Hello everyone, I have been lurking this topic for some time and it all still boggles my mind. I have checked EURUSD trades with my chart and using two indicators from this thread namely the Fractal Zones and RecurrenceStatsV1 + V2 and his entries are spot on to the fractal arrows. Now I would like to know if there is a post I missed where the system is explained and is the system in 1# still used? (Including those two indicators that don't work on version 600+) From reading the thread you suddenly see a change where people use MACD/SToch and pretty...
It's not a system.

Those who don't have English as a first language, I really am sorry. But if you try to understand my interpretation of this then hopefully the confusion will disappear. My previous post:


IDEA - a thought that describes a principle. Not rules. A concept that governs why we are doing what we are doing.
GOAL - to implement the idea, we need to see a result
STRATEGY - this is HOW we will utilise the idea. This is an action plan but it doesn't necessarily have every single step of how to do it.
TACTIC - this is the specifics of each step of the Strategy. There will be many ways to "skin a cat" so to speak

Everyone's personal expression and opinion will be situated around STRATEGY and TACTICS.
The original IDEA and GOAL should be uniform for all of us.

So please, let's distinguish between

a) is the idea to only trade when we have reached 5 pips of the zone and enter after h days has elapsed...blah blah blah (this is a tactic)

to

b) is the aim to focus on entering the high probability area once I've identified a possibly suspect transient area?

That is the real difference in how you can apply this to your own strategy. You don't even need an indicator.
A pip is only worth it if you know how much you risked to earn it
  • #6,120
  • Aug 19, 2014 3:50am Aug 19, 2014 3:50am
Quoting ruben17
why i cant attach R-V1 and R-v2 to my chart....please help me....tq
Hi guys,
Ruben17 is right, the R-R-V1 and v2 indicators cann't be used in higher versions of Metatrader to build 600, which is the one used by most brokers today. Someone has the indicators for these versions?
By the way, great work Eurusdd which is doing in this thread. Thank you very much for sharing and show your system.
Those who are sure of the result, can afford to wait without anxiety.
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