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The similarity system

  • #9,901
  • Oct 4, 2014 8:15am Oct 4, 2014 8:15am
Hi handy.

Believe me. I also tried that but price isn't going that straight. So its difficult to find the right settings for SL. But I think this is the wrong thread for such discussions. Let us continue at the SSBO thread. But firstly I'am going to continue reading the PDFs and the most important posts here in this thread. :-)
  • #9,902
  • Oct 4, 2014 9:09am Oct 4, 2014 9:09am
Quoting pedma
{quote} Hi paivarm, Congrats. Your EA is based on : L/H MA and RSI 70/30 , and/or MA & ADX right ? Then it is ok to make your own EA based on it, and share it. If your system based on these great concepts (all ideas that Eurusdd gave us, that we can find in all of his threads), think twice to put it in an EA. It is not a good idea to do it, even Eurusdd and some masters here will not do it (although they all are very good coders) ... I remember a friend said: "GOOD SYSTEM MUST BE TRADED MANUALLY ...." Just a reminder before it is too late

Thanks pdema.
Correct. The idea is to work with simple concepts, is precisely what I do in this EA .
I'm not a master I admit it, I need to learn a lot, but I think I got something very interesting and it's working.
Soon I will post the code open here .
With respect to the sentence of your friend, tell him that banks like: UBS , Barclays , Credit Suisse and Goldman.... are quitting their traders and putting algorithms in their places.
The Swiss bank resigned Gallers David, head of trading CDS and put in its place a algorithm using mathematical models to define buy and sell, commanded by the trader before.

Regards
  • #9,903
  • Oct 4, 2014 2:14pm Oct 4, 2014 2:14pm
Quoting VVizlan
Do you think proposition 1 means that a price is recurrent if at least one h bar before or after current bar passes through the bounds defined by +/- k, or that a price is recurrent only if all prices +/- k are revisited by h bars? At first, i thought it was the first case but after re-reading the proposition I'm not so sure
Hi, I believe it refers to all prices (it says "every price") in the interval that need to be passed through at least once in past/future h bars.
(Just in case you use the RecurrenceStatistic indicator, there the transient price range is denoted by +/- k/2, so the transient zone width is k.)

Cheers,
k
  • #9,904
  • Oct 4, 2014 2:59pm Oct 4, 2014 2:59pm
Quoting kprsa
{quote} Hi, I believe it refers to all prices (it says "every price") in the interval that need to be passed through at least once in past/future h bars. (Just in case you use the RecurrenceStatistic indicator, there the transient price range is denoted by +/- k/2, so the transient zone width is k.) Cheers, k
I have downloaded it, but at the moment I am just playing around in excel. After I get everything sorted out, it will be a good check to compare the two. FYI, my calculations I reported on a few days ago were incorrect.

I agree with your assessment b/c of the way EURUSDD words it... every price g element/member of price +/- K is h recurrent. To me this means that a price Xt(t) could be transient even if that specific price is revisited again (i.e. the entire +/- k region was not revisited). This means that the transient prices (zone) of a bar could contain prices that have been revisited. Is that your assessment, as well?
  • #9,905
  • Oct 4, 2014 3:15pm Oct 4, 2014 3:15pm
Quoting kprsa
{quote} Not necessarily. You can have two transient zones on two subsequent candles even if they have a minor overlap (a minor recurrent region - pullback; edit: see the above picture in LITEchild's post for a nice example on EURUSD!). {quote} They are independent events if one assumes that the Markov property holds, i.e. that the system has no memory. This assumption is not true in reality and fails notably in strong trends, but it is still a very good starting approximation and makes calculating things much simpler. {quote} You'd typically choose...
I have been thinking a lot about the minor overlap. EURUSDD has instructed to target the area directly above a left side transient bar for a revisit. If there is a minor overlap area, would that invalidate the setup since there would now be a recurrent zone above the transient zone? This actually occurs in the 2d and 3rd transient zones on one of EURUSDD's first posts (see screenshot below).

Quoting Eurusdd
{image} The 5-transient prices are represented by the yellow/red zones. Very few of them. The 5 means that within the bars where those prices occur, none of the next 5 bars, behind or in front of the bar in question, passed through those prices. Now, if you get the h and k right, you will find that transient price-zone occur with very LOW -probability. That is prices are h-recurrent almost-surely for some positive h.
Seems to me that the only way you can get two transient zones stacked on top of each other is to have the preceding candle close at it's high and lead into a candle that initially does not drop below that price... and/or adjust k (assuming the logic in my previous post is correct).

I also, don't know that the transient zones necessarily have to be stacked to be a rare, rare event or if it's just two bars in a row containing transient zones. However, I'm thinking the rare, rare event is stacked transient zones since it would be bad form for the first example EURUSDD showed to show a rare, rare event I will need to finish crunching numbers before the answer becomes clear.
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  • #9,906
  • Edited 6:07pm Oct 4, 2014 3:57pm | Edited 6:07pm
Quoting VVizlan
{quote} I have downloaded it, but at the moment I am just playing around in excel. After I get everything sorted out, it will be a good check to compare the two. FYI, my calculations I reported on a few days ago were incorrect. I agree with your assessment b/c of the way EURUSDD words it... every price g element/member of price +/- K is h recurrent. To me this means that a price Xt(t) could be transient even if that specific price is revisited again (i.e. the entire +/- k region was not revisited). This means that the transient prices (zone) of...
Hi,
I think that the situation is a little bit confusing here, and probably additionally so because of my clumsy notation. Sorry about this.
The proposition essentially states that the price is "almost surely" recurrent. It does so in a way to establish the almost sure existence of an interval price+/-k which is recurrent.
Recurrent are revisited in the past or future. Transient are not.
I look for transient ones, because almost everything is recurrent. I define a transient interval in a similar way price+/-k/2. This k has little relationship with the k from the theorem, this one is telling us about the (small) width of a transient zone.

I really cannot comment on Eurusdd's setups. I would NOT advise trading against strong trends, but I also cannot double an account in one day...

I agree that it is in principle possible to have two transient zones directly on top of each other if the High of the first candle is exactly equal to Low of the second one. I have not seen such a case, but it is possible.

k

(edit: NOT)
  • #9,907
  • Oct 4, 2014 6:03pm Oct 4, 2014 6:03pm
someone really wanted to protect 1.2500 on friday. there were huge bids on 1.2501 and 1.2500 (on ECNs).. perhaps there was a large size barrier option near expiration.

if no new news, then might go through 1.25 on monday. just saying.
Think : Trade : Live Life
  • #9,908
  • Oct 4, 2014 7:14pm Oct 4, 2014 7:14pm
Thinking about this at the gym today - are we not already actually discussing range bars? k, the var not the friend? I am convinced I am not seeing something very simple and am overthinking - keep coming back to the circular reference. Going to drink some of my namesake at dinner - maybe that will get the gears turning...

EDIT: Certainly we can't limit the slope of price, so either h or k must be functions themselves. OK, really going to dinner now...
  • #9,909
  • Oct 5, 2014 8:44am Oct 5, 2014 8:44am
DEAR MM or senior members
through out the post i get to knoe MAD MONEY is a beast in cycle identifier indicator.any templete? what is the time frame he is using if these are there .i can short my learning curve
  • #9,910
  • Oct 5, 2014 12:13pm Oct 5, 2014 12:13pm
Quoting wealthpro
DEAR MM or senior members through out the post i get to knoe MAD MONEY is a beast in cycle identifier indicator.any templete? what is the time frame he is using if these are there .i can short my learning curve
Top of page to the right is a Paper clip icon with the number 1479 as of now. Click it. All the stuff you need is there. Some templates may no longer work due to new mt4 build but you can easily DIY one together
I want more brain power!
  • #9,911
  • Oct 5, 2014 2:57pm Oct 5, 2014 2:57pm
Quoting wireash
I CAN TELL YOU RIGHT NOW EUR/USD IS GOING DONT EUR.NZD GOINP UP reason: EUR;NZD TOUCHED 50% BIF LEVEL ELLIOT WAVE SAYS eur/NZD GOING DOWN EUR/USD DOWN DOWN DOWN BABY
You were right Wireash, and I banked on that
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  • #9,912
  • Edited 7:12pm Oct 5, 2014 5:45pm | Edited 7:12pm
short NU from 0.775. stop @ 0.780. Two VERY strong TZs overhead and emphatic rejection from 0.79. Happy trading week/month everyone.
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  • #9,913
  • Oct 5, 2014 10:36pm Oct 5, 2014 10:36pm
Quoting LITEchild
short NU from 0.775. stop @ 0.780. Two VERY strong TZs overhead and emphatic rejection from 0.79. Happy trading week/month everyone. {image}
I have short NU and AU about 2 hours ago mate. I am sure we will get profit during London or New York session today.
  • #9,914
  • Edited 11:31pm Oct 5, 2014 11:06pm | Edited 11:31pm
Quoting giovanni4000
{quote} {quote} {quote} I love this concept. Every one has its own indicators, or using similar indicator, and have different result. But, the result they got are not far each other, this is great. Thanks to Eurusdd & some other great traders here ... !!! Next week, my first target is around 1.2570 - 1.2582. If this zone is cleared, i will look at next target at around 1.2634 - 1.2638. Next step is to targeting the zone around 1.2656-1.2663. EU is still side way with short bias, so it will go down again a little after it reached each zone, before...
There is a zone that must be finished/cleared 2624 - 2631. Ou yes, similarity must be stored. This unfinished job is confirmed by some different indicators. I am not sure this can be called as Node or not, but 99% EU will go there today or latest tomorrow. I will go long (my second order) near Frankfurt open or London open. I think NU will go north, before switch to south during New York session ....Edit : AU will have same behavior like NU. Going north, before goes south.
Similarity can change your life !
  • #9,915
  • Edited 3:35am Oct 6, 2014 1:55am | Edited 3:35am
Goodmorning House
.Heres my analysis and trade plan for my next trades. the euro is in a strong bear trend, but its unattractive for new sells at current prices.so expect a retarace to around 1.2570/80 or 1.2615 area for a new swing short aiming for new yearly lows.heres the path i expect for the eurusd. expect price to get to 1.2530/40ish. followed by a retest of Previous low @ 1.2500/1.2510 this should allow bulls reload longs for a weak rally towards. 1.2570/1.2580/1.2615. my trades plan. Buy eurusd around 1.2510Sell around 1.2570/80 or 1.2615 . Where i sell will depend on price action. Have a great day all
  • #9,916
  • Oct 6, 2014 2:19am Oct 6, 2014 2:19am
Quoting ephisi
Goodmorning House .Heres my analysis and trade plan for my next trades. the euro is in a strong bear trend, but its unattractive for new sells at current prices.so expect a retarace to around 1.2570/80 or 1.2615 area for a new swing short aiming for new yearly lows.heres the path i expect for the eurusd. expect price to get to 1.2530/40ish. followed by a retest of Previous low @ 1.2500/1.2510 this should allow bulls reload longs for a weak rally towards. 1.2570/1.2580/1.2615. my trades plan. Buy eurusd around 1.2510Sell around 1.2570/80 or 1.1615...
ephisi sell around 1.2570/80 or 1.1615 (i think it should be 1.2615 if i wrong sorry)
  • #9,917
  • Oct 6, 2014 2:42am Oct 6, 2014 2:42am
this is right? plase, need correction, anybody...

EURUSD M15

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  • #9,918
  • Oct 6, 2014 3:03am Oct 6, 2014 3:03am
Quoting brekz1
this is right? plase, need correction, anybody... EURUSD M15 {image}
Analyse on hourly first. Both 4H and 1H.
A pip is only worth it if you know how much you risked to earn it
  • #9,919
  • Oct 6, 2014 3:05am Oct 6, 2014 3:05am
Quoting brekz1
this is right? plase, need correction, anybody... EURUSD M15 {image}
Hi brekz,

in my opinion you're correct. My TP is 2608.
  • #9,920
  • Oct 6, 2014 3:36am Oct 6, 2014 3:36am
Quoting wealthpro
{quote} ephisi sell around 1.2570/80 or 1.1615 (i think it should be 1.2615 if i wrong sorry)
Thnx buddy. Youre right
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