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The similarity system

  • #8,381
  • Sep 18, 2014 6:23am Sep 18, 2014 6:23am
Quoting Ullen
{quote} I am trading manually, and i have no code. Just my brain
I hope that everybody here has considered the issue of uploading code/script in MT4 servers...
  • #8,382
  • Sep 18, 2014 6:35am Sep 18, 2014 6:35am
Everyone is talking about the TZ system but where can i find it?
  • #8,383
  • Sep 18, 2014 6:45am Sep 18, 2014 6:45am
looking to short 1.2885 and below
  • #8,384
  • Sep 18, 2014 6:48am Sep 18, 2014 6:48am
Quoting Tom21
Everyone is talking about the TZ system but where can i find it?
Use the search function.
Search Member: Eurusdd,
Keyword: Recurrent

I did this in 30 seconds.

Edit: There is no "system". It's a set of ideas. TZ stands for Transient Zone. RZ stands for Recurrent Zone.
A pip is only worth it if you know how much you risked to earn it
  • #8,385
  • Sep 18, 2014 6:50am Sep 18, 2014 6:50am
I've made my explorer unavalible for the public. Don't want people to speculate in my concept. Just had to prove that i could make 20 trades in 1 day without losses.

I'll post dayly updates, to prove that the system works. But people really need to figure out their own way of trading. It's not hard.
Not about how much you win, but how much you loose
  • #8,386
  • Sep 18, 2014 6:52am Sep 18, 2014 6:52am
Because of waiting of election's results form the Scotland I was out of trade today.
But anyway there were 2 very good possibilities to make pips.
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Everything is possible!!! Step by Step...
  • #8,387
  • Sep 18, 2014 6:52am Sep 18, 2014 6:52am
Quoting Ullen
I've made my explorer unavalible for the public. Don't want people to speculate in my concept. Just had to prove that i could make 20 trades in 1 day without losses. I'll post dayly updates, to prove that the system works. But people really need to figure out their own way of trading. It's not hard.
We need to promote this attitude clearly and more often.
A pip is only worth it if you know how much you risked to earn it
  • #8,388
  • Sep 18, 2014 6:56am Sep 18, 2014 6:56am
Quoting ephisi
looking to short 1.2885 and below
im in at 77
  • #8,389
  • Sep 18, 2014 6:56am Sep 18, 2014 6:56am
Quoting DmitryFX
Because of waiting of election's results form the Scotland I was out of trade today. But anyway there were 2 very good possibilities to make pips. {image}
Agreed... my 30sec eyeballing shows some initial targets to aim for (ie. recurrance or return to mis-price)
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A pip is only worth it if you know how much you risked to earn it
  • #8,390
  • Sep 18, 2014 7:07am Sep 18, 2014 7:07am
Quoting ephisi
{quote} im in at 77
1.2885ish is the highest she can go now
  • #8,391
  • Sep 18, 2014 7:08am Sep 18, 2014 7:08am
Quoting vlady1974
{quote} Agreed... my 30sec eyeballing shows some initial targets to aim for (ie. recurrance or return to mis-price) {image}
If say by true it's really hard to me to understand your trading ideas.
Definitely, they are looks very powerful but out of my understanding
I am still using more classical ideas, like divergences, S/R levels and 1-2-3 models....
Everything is possible!!! Step by Step...
  • #8,392
  • Sep 18, 2014 7:15am Sep 18, 2014 7:15am
Quoting DmitryFX
{quote} If say by true it's really hard to me to understand your trading ideas. Definitely, they are looks very powerful but out of my understanding I am still using more classical ideas, like divergences, S/R levels and 1-2-3 models....
Well that's okay, no problems there.

However, since you are in the Similarity Thread, the bits I highlighted on your chart are the differences I spotted between the Stochastic (bottom panel) and the Price Moving Average (price panel). I noticed you marked the divergence between the two.... nice, but not necessary - but to be fair, the stochastic was went outside the bollinger but the price moving average didn't so that's a difference.

Similarity Concept: Price and Stochastic Process should be the same. If not, that moment (ie. Price) is a mis-price or an arbitrage occurance. Dissimilarity has occurred and the market went ahead and made a move away from that point. Eventually the market will return to that Dissimilar price so that market forces (ie. demand and supply) can re-negotiate the price.... then Similarity will be restored.

How you trade this information is up to you: trade away from it, trade into it, trade after it... all up to you.
A pip is only worth it if you know how much you risked to earn it
  • #8,393
  • Sep 18, 2014 7:19am Sep 18, 2014 7:19am
Just an extension of the previous post.....

Do people/newbies actually understand Demand and Supply here?
Is it your understanding that when a price falls there's too much supply, vice versa price rises there's too much demand?
Is there an understanding that for every seller there is a buyer? How does this change your answer to the question above?

I'd be interested to hear views on this... .since we are talking about arbitrage: an opportunity to gain advantage over one party between buyers and sellers.
A pip is only worth it if you know how much you risked to earn it
  • #8,394
  • Sep 18, 2014 7:52am Sep 18, 2014 7:52am
Quoting Ullen
I've made my explorer unavalible for the public. Don't want people to speculate in my concept. Just had to prove that i could make 20 trades in 1 day without losses. I'll post dayly updates, to prove that the system works. But people really need to figure out their own way of trading. It's not hard.
"But people really need to figure out their own way of trading." Yep, couldnt agree more, no copy trading but thinking by themselves instead.

That leaves me with one thing on my mind tho, and I cannot resist posting it but you do realize your "prove" etc is kind of rendered useless after your state explorer went from steady green, to bankrupt crimson right? Yesterday that was.
  • #8,395
  • Sep 18, 2014 7:57am Sep 18, 2014 7:57am
Quoting ephisi
{quote} im in at 77
stoped out at breakeven. looking for better entry. i think yekkens talk now was is causing volatility
  • #8,396
  • Sep 18, 2014 7:58am Sep 18, 2014 7:58am
Quoting vlady1974
Just an extension of the previous post..... Do people/newbies actually understand Demand and Supply here? Is it your understanding that when a price falls there's too much supply, vice versa price rises there's too much demand? Is there an understanding that for every seller there is a buyer? How does this change your answer to the question above? I'd be interested to hear views on this... .since we are talking about arbitrage: an opportunity to gain advantage over one party between buyers and sellers.
That's why traditional sup/dem marking does not work in my opinion; it does not include the correct time factor. In other words, the way price approaches a level is more important than the actual eyeballed sup/dem. Now arbitrage takes this in consideration, your bollinger overshoots for valid price marking as an example here.
  • #8,397
  • Sep 18, 2014 8:01am Sep 18, 2014 8:01am
hi all, fantastic thread, please can someone send the indicators and template that has dimitryfx? the volume is not necessary. I would like to have that bollinger settings and the 2 indicators "cycle" I hope someone will help me a greeting. sorry my bad english.
  • #8,398
  • Sep 18, 2014 8:03am Sep 18, 2014 8:03am
Quoting Robertk
{quote} "But people really need to figure out their own way of trading." Yep, couldnt agree more, no copy trading but thinking by themselves instead. That leaves me with one thing on my mind tho, and I cannot resist posting it but you do realize your "prove" etc is kind of rendered useless after your state explorer went from steady green, to bankrupt crimson right? Yesterday that was.
It didn't went bankrupt. But when i realised that i couldnt make the 100 pips a day with the explorer i deleted it. As i went out, i forgot about the account (It is not my main account) and it went down alot of pips! But i'm more focused to prove this system right, and i will take the explorer more serious.

I'm almost at 100% for the day now.
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Not about how much you win, but how much you loose
  • #8,399
  • Sep 18, 2014 8:11am Sep 18, 2014 8:11am
Quoting Ullen
{quote} It didn't went bankrupt. But when i realised that i couldnt make the 100 pips a day with the explorer i deleted it. As i went out, i forgot about the account (It is not my main account) and it went down alot of pips! But i'm more focused to prove this system right, and i will take the explorer more serious. I'm almost at 100% for the day now. {image}
Ok fair enough, gl and green pips onwards.
  • #8,400
  • Sep 18, 2014 8:21am Sep 18, 2014 8:21am
short at 1.2901
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