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The similarity system

  • #8,141
  • Sep 15, 2014 4:27pm Sep 15, 2014 4:27pm
I really can't stop admiring you EURUSDD.

One thing is that you share ideas that you've spend alot of time developing and confirming!

But the thing that impresses me the most, is that from the start you haven't posted a simple template with a set om strict rules to follow. You are making us think ourselves, so that we can go and become independant traders, and maybe come up with at new system concept similar to this.

U don't learn how to ride a bike just by getting told how to do it, you need to actually ride the bike with support (EURUSDD) and at a moment the support can let go and you can ride yourself. -Ullen (lol)
Not about how much you win, but how much you loose
  • #8,142
  • Sep 15, 2014 4:35pm Sep 15, 2014 4:35pm
Quoting Ullen
I really can't stop admiring you EURUSDD. One thing is that you share ideas that you've spend alot of time developing and confirming! But the thing that impresses me the most, is that from the start you haven't posted a simple template with a set om strict rules to follow. You are making us think ourselves, so that we can go and become independant traders, and maybe come up with at new system concept similar to this. U don't learn how to ride a bike just by getting told how to do it, you need to actually ride the bike with support (EURUSDD) and...
Thank you and I appreciate your contribution. Yes, it is true I did not provide any meaningful template because I believe there are people more intelligent than me who can do more with the basic idea I provide. So, why restrict them? If we all use the same templates, there will be no meaningful discussion since we are all seeing the same thing. But if we all develop different templates based on similar ideas then, boom rich trading discussion environment.
  • #8,143
  • Sep 15, 2014 4:58pm Sep 15, 2014 4:58pm
concerning no template. That is not entirely true because there are templates.
  • #8,144
  • Sep 15, 2014 5:13pm Sep 15, 2014 5:13pm
Quoting Eurusdd
concerning no template. That is not entirely true because there are templates.
I know this, but what i was focused on was the strict rules to follow. In most of the other system-threads you see a list of things that must match before entering a trade. like this:

1. Golden arrow must point down
2. Trend must be down
3. Amazing multicolored indicator must be all red.
...
and so on.

In this way the person trying the system doesn't know what is driving the procces, and therefore never will develop his/her own view of the market.

Btw. you must have done something right when you make a template, and many people on the thread create their own regardless. All respect to the template. Just shows that people know how to think themselves
Not about how much you win, but how much you loose
  • #8,145
  • Edited 5:55pm Sep 15, 2014 5:22pm | Edited 5:55pm
reason for up! notice first arrow,
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 48 KB
These arrows are based on the principle of recurrent prices. I used certain properties to identify recurrent prices and work is still in progress. Notice that price has already returned to the first arrow. However, we are expecting a second arrow on that level, accompanied by strong movement.
  • #8,146
  • Sep 15, 2014 5:52pm Sep 15, 2014 5:52pm
Quoting Eurusdd
reason for up! notice first arrow,{image}
The price did drift a bit more than 20 pips, but very close to the limit...
I think I see what you're doing; it is a very interesting concept - quasi-stationary behaviour of a non-stationary time series.
Very cool stuff, as always!

Cheers,
kprsa
  • #8,147
  • Sep 15, 2014 7:10pm Sep 15, 2014 7:10pm
Sorry I've not been able to post recently guys. I've been ill with the flu.
Just doing some midnight charting and reviewing some posts and doing some tests.

Quoting hepsibah
1. TZ top and bottoms will almost always happen alternatively. If you get two consecutive tops or bottoms, you can treat this as a DS and price will have to create the missing directional TZ at some point to get back into sync 2. the left hand side and right hand side bars of a TZ have different characteristics. Once you understand this, you can identify when you are potentially beginning the right hand side.
Hepsibah, thanks for the PM and the post last week... beginning to see it. I might have a question for you regarding incomplete TZs.

Quoting Baillie
{image}
Baillie, hopefully I'll get onto your charts this week. If anything, I love the colour scheme! LOL... ps. How do you get 10M timeframe on MT4?

Projection: 15M (testing out a theory).
If we break north beyond 2942, price range 2947 to 2950 will be transient for at least 12 bars of 15M.
A pip is only worth it if you know how much you risked to earn it
  • #8,148
  • Sep 15, 2014 7:34pm Sep 15, 2014 7:34pm
Quoting vlady1974
Sorry I've not been able to post recently guys. I've been ill with the flu. Just doing some midnight charting and reviewing some posts and doing some tests. {quote} Hepsibah, thanks for the PM and the post last week... beginning to see it. I might have a question for you regarding incomplete TZs. {quote} Baillie, hopefully I'll get onto your charts this week. If anything, I love the colour scheme! LOL... ps. How do you get 10M timeframe on MT4? Projection: 15M (testing out a theory). If we break north beyond 2942, price range 2947 to 2950 will be...
Hey Vlady, hope you feel better! Was thinking maybe your boss found out your secret trading at work, so they kept you busy with other things to keep you away from the computer. lol.

10Min? that was 30 min chart, I had to change the color schemes to be darker, easier on the eyes. I have to change my ZZ BB charts also, need 3 colors for that one though. Again, hope you get well soon.

Baillie
  • #8,149
  • Sep 15, 2014 8:03pm Sep 15, 2014 8:03pm
Quoting Baillie
{quote} Hey Vlady, hope you feel better! Was thinking maybe your boss found out your secret trading at work, so they kept you busy with other things to keep you away from the computer. lol. 10Min? that was 30 min chart, I had to change the color schemes to be darker, easier on the eyes. I have to change my ZZ BB charts also, need 3 colors for that one though. Again, hope you get well soon. Baillie
Cheers mate,

Haha... it may be the case tomorrow that I am busy with the boss. Have to go back in though not feeling the best. Girlfriend's been ill too. 30M!? Man I must be sick, that looked like 10 to me. Haha. Just changed my colour scheme to match yours and you're right, definitely easier on the eyes! LOL
A pip is only worth it if you know how much you risked to earn it
  • #8,150
  • Sep 15, 2014 8:26pm Sep 15, 2014 8:26pm
th at 1.2950 is closing in .....
  • #8,151
  • Sep 15, 2014 8:39pm Sep 15, 2014 8:39pm
deal done! see that push?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 44 KB
  • #8,152
  • Sep 15, 2014 9:38pm Sep 15, 2014 9:38pm
Quoting vlady1974
Sorry I've not been able to post recently guys. I've been ill with the flu. Just doing some midnight charting and reviewing some posts and doing some tests. {quote} Hepsibah, thanks for the PM and the post last week... beginning to see it. I might have a question for you regarding incomplete TZs. {quote} Baillie, hopefully I'll get onto your charts this week. If anything, I love the colour scheme! LOL... ps. How do you get 10M timeframe on MT4? Projection: 15M (testing out a theory). If we break north beyond 2942, price range 2947 to 2950 will be...
Hope you feel better mate ... and thanks for all of your help.
Similarity can change your life !
  • #8,153
  • Sep 15, 2014 9:39pm Sep 15, 2014 9:39pm
Quoting Eurusdd
deal done! see that push?{image}
Well, this is good. Thanks Eurusdd.
Similarity can change your life !
  • #8,154
  • Sep 15, 2014 9:44pm Sep 15, 2014 9:44pm
Quoting Freefox
Spent ages going through the thread right from the start to get to grips with DS zones in particular. Started to gain some firm insights into how they develop etc, using the ZZ/Stoch/BB method that seems popular with many. While going through stuff I thought about the stoch parameters of (300,1,1). On a 15M chart this equates to 75 hours, which is 3 days and 3 hours. Now this implies the logic has some connection to an underlying 3-day cycle roughly, which got me thinking about the similarity (no pun intended!) to the Taylor Trading Technique that...
Good idea mate, i will do it too. Thanks to all of you mates ...

Quoting cfdtaleong
Hello! So what did I miss? Been away for so long!
Welcome back mate, yes it was a long time. This year Eurusdd gave us some other great stuff, really appreciate it.
I am busy with coding at the moment, will try to post as soon as i get something.
Similarity can change your life !
  • #8,155
  • Sep 15, 2014 11:58pm Sep 15, 2014 11:58pm
Quoting kprsa
{quote} ... quasi-stationary behaviour of a non-stationary time series ...
I'm going back to math school. The charts are not speaking to me at all.
  • #8,156
  • Sep 16, 2014 2:10am Sep 16, 2014 2:10am
Blasphemy to claim that a Holy-Grail exists?
  • #8,157
  • Sep 16, 2014 2:13am Sep 16, 2014 2:13am
Morning guys, currently short from 49 and targeting 1.2886!

Best of luck
  • #8,158
  • Sep 16, 2014 2:19am Sep 16, 2014 2:19am
If someone has a system that can produce 1000 consecutive correct calls, will that be a Holy-Grail? What really is a Holy-Grail? Lol
  • #8,159
  • Sep 16, 2014 2:24am Sep 16, 2014 2:24am
Quoting Eurusdd
If someone has a system that can produce 1000 consecutive correct calls, will that be a Holy-Grail? What really is a Holy-Grail? Lol
my wife thinks I'm the holy grail ( very important) haha
regards Orid peter
  • #8,160
  • Sep 16, 2014 2:30am Sep 16, 2014 2:30am
Quoting Eurusdd
If someone has a system that can produce 1000 consecutive correct calls, will that be a Holy-Grail? What really is a Holy-Grail? Lol
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