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The similarity system

  • #9,401
  • Sep 25, 2014 9:41am Sep 25, 2014 9:41am
So maybe I was a couple of hours out
  • #9,402
  • Sep 25, 2014 9:46am Sep 25, 2014 9:46am
1.28
not much room for any other levels or numbers
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As Above, So Below
  • #9,403
  • Sep 25, 2014 9:50am Sep 25, 2014 9:50am
Quoting mario777
{quote} just a few pips to hit my tp {image}
My my how TZish the entries and exit look

I'm getting a few PMs asking how to trade this and I'm very humbled that people are asking me. I will reply as best as I can but I must say I have nothing workable for myself at the moment. Hepsibah, vlady1974 and Bailie just to name some have all shared working models openly so you guy may want to check those out. I'm really not the best guy to ask actually but one thing for sure if you've read my conditions 1, 2 and 3 with 1 and 2 essentially the same just rephrased differently the key is there..or at least one of the keys is there. My problem is having the damn key but not knowing which hole it fits

Edit : Finally similarity on M1 and M5. Been trying to spot this for observation but have not spotted one till now due to limited chart time. How exciting!

Edit : Similarity for me means both M1 and M5 close with pointy arrow using Kpsra's indicator
I want more brain power!
  • #9,404
  • Sep 25, 2014 9:50am Sep 25, 2014 9:50am
Quoting vlady1974
{quote} I have 2762 but I can't find the original TZ. It may be because it got taken but I noted it.
Bang!
A pip is only worth it if you know how much you risked to earn it
  • #9,405
  • Sep 25, 2014 9:50am Sep 25, 2014 9:50am
Quoting orid
Exciter . here you go exciter BTW you can find all the indis by clicking on the paper clip at top of page. settings for the stock diff zones are stoch period = 300 bb period = 24 optimised for 15 min tf I have the Cycle Krofur set to fast ma = 6 slow = 12 beware the ci repaints a lot awkward till you get used to it Will send you a pm later good luck . {file}{file} Regards Orid peter
Many many thanks orid. Good pips to you
  • #9,406
  • Sep 25, 2014 9:51am Sep 25, 2014 9:51am
Quoting josh11
So maybe I was a couple of hours out
Mate that's pretty good going cos you got the day right!
Been trying to work it out during work.... LOL.... not sure if I'm doing it right. Haha
A pip is only worth it if you know how much you risked to earn it
  • #9,407
  • Sep 25, 2014 9:59am Sep 25, 2014 9:59am
Noob MT4 question. How do I draw lines that don't go across the whole screen?
I want more brain power!
  • #9,408
  • Sep 25, 2014 10:00am Sep 25, 2014 10:00am
Quoting wireash
{quote} next one above price i have 1.2796
think I see where you get that level wireash but cant see how you can be sure it will go that way
when will we all share do you think ?
Regards orid peter
Ps 18 trades no loss woo hoo
  • #9,409
  • Sep 25, 2014 10:01am Sep 25, 2014 10:01am
Quoting cfdtaleong
Noob MT4 question. How do I draw lines that don't go across the whole screen?
use trend lines, and right-click change properties to not be a 'ray'
"Mrrraggglhlhghghlgh"
  • #9,410
  • Sep 25, 2014 10:08am Sep 25, 2014 10:08am
Quoting LiquidGenius
{quote} use trend lines, and right-click change properties to not be a 'ray'
Ah many thanks
I want more brain power!
  • #9,411
  • Edited 12:11pm Sep 25, 2014 10:14am | Edited 12:11pm
1.271ish anyone?

Edit : Window closed base on my conditions but decent pips along the way

Edit : switching long 1.2760 instead

Edit : Exit signal came before target could be hit so exited. +60ish pips over 5 trades so far. More tests!!! Going short attempting 1.272ish

Edit : Closed at BE. Too tired to monitor
I want more brain power!
  • #9,412
  • Sep 25, 2014 10:30am Sep 25, 2014 10:30am
here we go 20 trades +50pips this is 90 %trading certainty
two wrong entries sell instead of buy cost me commission
all I need now is too work out how you guys determine the long term direction to make it a little easier for me ( any offers)
hope to share soon if we all agree.
thanks Eurusd and everyone
RegardsOrid peter
  • #9,413
  • Edited 10:51am Sep 25, 2014 10:35am | Edited 10:51am
Quoting FXTriumph
{quote} And that hedging process is clearly measurable, especially if you are trading EURUSD. There is a reason why EURUSDD gave himself that name. Why EURUSD? HAve you thought of that? The concept of similarity works best on EURUSD, this is because almost other assets in the world are priced in Euros or in dollars.
Hi, my hypothesis is that the similarity methods of this thread are designed to take advantage of the self-similarity (mathematical fractal, NOT related to the Bill Williams fractal) symmetry of the financial time series. I think that EURUSD is particularly good for these kind of methods because I've read somewhere that the fractal dimension of EURUSD is among the lowest. :nerd:

Cheers,
k
(edit: wrong source link, cannot find it at the moment, sorry)
  • #9,414
  • Sep 25, 2014 10:36am Sep 25, 2014 10:36am
Quoting orid
here we go 20 trades +50pips this is 90 %trading certainty two wrong entries sell instead of buy cost me commission all I need now is too work out how you guys determine the long term direction to make it a little easier for me ( any offers) hope to share soon if we all agree. thanks Eurusd and everyone RegardsOrid peter
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  • #9,415
  • Sep 25, 2014 10:36am Sep 25, 2014 10:36am
Quoting orid
here we go 20 trades +50pips this is 90 %trading certainty two wrong entries sell instead of buy cost me commission all I need now is too work out how you guys determine the long term direction to make it a little easier for me ( any offers) hope to share soon if we all agree. thanks Eurusd and everyone RegardsOrid peter
Well, there is no doubt that the long term (years) is down. Targets can be anything below 1.25
The speculation is how deep the corrective Wave 4 will be. 1.3?
A pip is only worth it if you know how much you risked to earn it
  • #9,416
  • Sep 25, 2014 10:43am Sep 25, 2014 10:43am
Quoting vlady1974
{quote} Well, there is no doubt that the long term (years) is down. Targets can be anything below 1.25 The speculation is how deep the corrective Wave 4 will be. 1.3?
thankyou for that Vlady
off to get some sleep goodnitey folks see you tomorrow if it aint foggy hehe
  • #9,417
  • Sep 25, 2014 10:46am Sep 25, 2014 10:46am
Quoting orid
{quote}thankyou for that Vlady off to get some sleep goodnitey folks see you tomorrow if it aint foggy hehe
Cheers mate... Have a TZ Free sleep! LOL
Tzzzzzzzzzzzzzz
A pip is only worth it if you know how much you risked to earn it
  • #9,418
  • Sep 25, 2014 11:11am Sep 25, 2014 11:11am
Quoting FXTriumph
{quote} And that hedging process is clearly measurable, especially if you are trading EURUSD. There is a reason why EURUSDD gave himself that name. Why EURUSD? HAve you thought of that? The concept of similarity works best on EURUSD, this is because almost other assets in the world are priced in Euros or in dollars. Not every EURUSD move is a true move based on supply and demand. Sometimes it is a price redistribution for a move in other instruments. Like I said Ephisi, once you know how to look for that (and it is easy to know if you are trading...
Yes boss, you are perfectly right. i wouldnt have known these if we didnt have those discussions. thanks alot, now i see eurusd movements from a different perspective. not always supply and demand.
eurusdd once said eurusd is on of the few pairs that is balanced somewhat. thats why his techniques work well on eurusd.
look forward to meeting you again fxtriumph.
  • #9,419
  • Sep 25, 2014 1:05pm Sep 25, 2014 1:05pm
does anyone here trades away from TZ as soon as it starts to form?
  • #9,420
  • Sep 25, 2014 1:10pm Sep 25, 2014 1:10pm
Quoting wireash
does anyone here trades away from TZ as soon as it starts to form?
Current experiment does something along that line. TZ forms simultaneously on M1 candle close and M5 candle close I assume short term change in direction and trade away from the forming one.
I want more brain power!
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