The similarity system | Page 514 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Similarity: A Practical Approach 859 replies

Similarity Trading - The ZZBB Method 215 replies

Rainbow similarity 256 replies

Similarity Stuff 17 replies

Directional Similarity 0 replies

Attachments: The similarity system
Exit Attachments

The similarity system

  • #10,261
  • Oct 14, 2014 8:32am Oct 14, 2014 8:32am
Quoting burnssss
... If you change the length of each part (H_left, H_right), ye are altering transient_recurrent odds. Careful with that. A principle of "Eurusdd" H_left is that if the price did not go through that price, then we can assume that H_righ increase the odds. Think of the simple example: B = bullish L = bearish If H_left = 5, we have B B B B B What do you think will be in H_righ? If you change the length of H_righ and H_left, the odds will not be real. If you want to know where does all this, you have posted to the thread Markov. All of this comes from...
So your H-Left and H-Right values are equal?
  • #10,262
  • Oct 14, 2014 8:36am Oct 14, 2014 8:36am
Quoting corvogrigio
{quote} Oh hello K.....so sorry ...but reading so many pages in a short while made me confused; actually, in my previous post, i was referring to Transient-Zones indicator...but now that I checked discovered that that indy is from Firefox! Anyway I thank you so much for your kindness and contribution to the thread. Ciao F PS with ETZ I meant Even Transient Zones , with UTZ the uneven ones
No problem, all is clear.
k
  • #10,263
  • Oct 14, 2014 10:03am Oct 14, 2014 10:03am
Hello ....the attached picture shows a synthetic index made of a basket of 4 indexes (CAC40 dax 30 esx50 aex25) but you can put in whatever is in MT4

My idea was to apply the concept of Transient Zones to a ratio of two correlated indexes (gold and silver would be my goal).

Unfortunately the attached indy (t101_indy-pricehistory....) lets only to sum pairs or indexes but it doesn't allow to have a difference or, better, a ratio.

I tried to modify it but I'm a bit of a naive programmer in mql4.....so no result. Is there anyone interested and able to modify it in the way I said?

If someone wanted to try it anyway...must put the indy in the indicator directory and , after the usual shut down and reopen of mt4 , download it on a chart and change all timeframes so to create the history needed. After that go (on mt4) to button "FILE" and then to "OPEN OFFLINE" and choose, between the various #t101# files now created, the one with the desired TF. So you have now a chart of this synthetic pair (or index) where you can apply any indicator you want.

Open the indy file with Metaeditor to see which are the pairs settled on default for case 2 (that is the default case ) and to change eventually the pairs in the various groups.

My guess is that if you have to deal with this synt beast you'll have less opportunity to trade but more reliable on. Just my guess until i can prove it.

I hope you won't consider my post off-topic but, if the case, ignore it.

Otherwise thank you in advance for your attention.

Franco
Attached Image (click to enlarge)
Click to Enlarge Name: transientbskt.jpg Size: 231 KB
Attached File(s)
File Type: mq4 t101_indy_pricehistory_v3-dnk_donfix14_hopfi2k_zero_div_fix tick_fix.mq4   15 KB | 713 downloads
  • #10,264
  • Oct 14, 2014 11:07am Oct 14, 2014 11:07am
Quoting kprsa
{quote} Hi Barbaresco, I think it might be neat to calculate the probabilities of the (n+1)-st revisit in the next h_right time units, given n revisits have happened in the past (i.e. during the last h_left bars). The recurrent zones as we know them are but a special case for n=1. I suspect the probability will turn out to be quite high. Cheers, k
Thanks K - I'll get on this shortly. Tweaking an EA based on indicator similarity now - works great, but if the above pans out, even if only for n{2,3} it would be like trading a tick chart with the answer key...
  • #10,265
  • Oct 14, 2014 11:29am Oct 14, 2014 11:29am
Quoting mattkirby
Hi guys, Long time ago since I posted here last time..... At the Moment I try to figure out how I can use the TZ zones in a meaningful way for me. But I stumple with my tries till now. In the Chart below I got 2 zones which are not finished yet. One above one below. My question is what could be a smart way to Profit from such situations or what would you TZ pros do here or wait for.........{image}
where can i get this indicator ? can you pls upload it thnx
  • #10,266
  • Oct 14, 2014 1:56pm Oct 14, 2014 1:56pm
Quoting adeforex
No need to complicate things: Yesterday trades went around break even. I couldn't concentrate much due to some other distractions, went for few counter trend, that i couldn't monitor after some winnings, but still manage around break even. Today, Just 2 hours: 6 trades, 1 loss and am done. No need to complicate things again. Let the price serves to you as eurusdd always advice. I am neither mathematician,statistician nor an engineering students, i just understand what the market shows me and tells me. DEVELOP YOUR SELF AND PRACTICE, PRACTICE AND...
Well done.

Looked at your trades on a chart and have no idea how they relate to TZ's but as long as it's working for you that is the most important thing. What time frame(s) are you using, 5 and 1 min?
  • #10,267
  • Oct 14, 2014 7:43pm Oct 14, 2014 7:43pm
the last few page's of this thread were very interesting!
more insight. more trader's coming forward trying to help other's
I SALUTE YOU
within the last few page's:
trader's that understand the TZ system, and are profitable
are still here trying to help other's
I salute you
NOW it's my time to shine
step one:
WHAT DID WE LEARN FROM eur/usd? forex market is not random
step two:
we all have our goal'S
step three: WE ALL NEED SECURITY!
and so doe's price
price need's to be protected...(just like the king)
it need's backup
exposed candle (king) is nothing without his army
when you see price go up!
and there's a big candle up?
look at your chart!
price will come back down to the last wick of candle before it will continue going up again!
that exposed candle need's protection just like a king
king without army or without follower's is not a king!!!
and price is KING
  • #10,268
  • Oct 14, 2014 7:44pm Oct 14, 2014 7:44pm
either we come to pick him up
or he will expire
  • #10,269
  • Oct 14, 2014 7:50pm Oct 14, 2014 7:50pm
that is one way to use TZ strategy
if i missed something !please let me know
im not afraid of collapsing 4 trillion dollar daily revenue market
they deserve it!
  • #10,270
  • Oct 14, 2014 7:51pm Oct 14, 2014 7:51pm
K.I.S.S.
keep it simple stupid
  • #10,271
  • Oct 14, 2014 8:02pm Oct 14, 2014 8:02pm
if you think that if i expose a system in forex market
that will collapse the monetary system tomorrow
????????
that system is weak
and it need's to be changed
  • #10,272
  • Oct 14, 2014 8:35pm Oct 14, 2014 8:35pm
Quoting wireash
if you think that if i expose a system in forex market that will collapse the monetary system tomorrow ???????? that system is weak and it need's to be changed
LOL.....wow.....can you explain with a detailed chart this potential discovery that can "collapse the monetary system". Thank you.
  • #10,273
  • Oct 14, 2014 9:29pm Oct 14, 2014 9:29pm
Quoting Freefox
Attached is new version of indicator called Transient_Zones (it replaces the prior one I loaded called Fractal_Zones). It seems more appropriately named now as it’s been improved to identify not just the transient zones (TZs) at fractal highs/lows but those that form inter-bar. {file} It now also works real-time and fixes the issue where the zones disappeared on open of next bar – so all history is kept on the chart now. Identifies Developing/Potential Transient Zones I’ve also added a main new feature that highlights the “potential” transient zones...
Forgive me if this question has already been asked and/or I am MT4 stupid, but is the source code for this indicator available? I would love to learn from it. Thanks!
  • #10,274
  • Oct 15, 2014 1:37am Oct 15, 2014 1:37am
Quoting SunSaltwater
{quote} Well done. Looked at your trades on a chart and have no idea how they relate to TZ's but as long as it's working for you that is the most important thing. What time frame(s) are you using, 5 and 1 min?
I trade on 5mins. It relates like 40% while Other analysis on 60%.
I think the problem many people are facing is that, they want to trade it alone. It is a leading indicator that has a tendency to repaint. But good leading indi like this always open our eyes to where the market are faulty or where we can make little crumbs from the market. It is repeated though out the thread that probability trade or transient trading is not a system nor strategies but market loopholes, even from page one. IT MUST NOT BE TRADED ALONE. Even i dont think euusdd traded them alone because he kept talking in parables. If you are familiar with symphonie cycle indicators, you will see that they work similar. We are to use it to boost our system or strategies. cheers.
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #10,275
  • Oct 15, 2014 2:12am Oct 15, 2014 2:12am
Quoting vlady1974
{quote} Actually K, I second this. It would be good to get an bar indicator for A or h+1 where the Arrow is not grey but either Red/Blue.
Nice, thanks mate. sent you a PM.
  • #10,276
  • Oct 15, 2014 2:14am Oct 15, 2014 2:14am
Quoting forextarget
{quote} where can i get this indicator ? can you pls upload it thnx
you can find the transient zones indicator in the thread attachments.
  • #10,277
  • Oct 15, 2014 6:26am Oct 15, 2014 6:26am
hello guys
i'm reading this thread but i have some questions
1. i use h=10 for 15 min Is this true ??
2. the developing zones appear and disappear how you trade with it??
DON'T GIVE UP
  • #10,278
  • Oct 15, 2014 8:43am Oct 15, 2014 8:43am
Quoting Eurusdd
the next top will be above 1.2830. that will take time but happen. this leg down will lead to a leg above 1.2830
Completed recurrent Zone!!!
  • #10,279
  • Oct 15, 2014 9:06am Oct 15, 2014 9:06am
Quoting mhmdfx
hello guys i'm reading this thread but i have some questions 1. i use h=10 for 15 min Is this true ?? 2. the developing zones appear and disappear how you trade with it??
Read more h=X has been mentioned many times. Use the indicator provided and adjust the values till you get. If you are not sure about this use V2 first.


Quoting cfdtaleong
{quote} I was there for some time I admit and still walk into trees, but a lot less so now. So to ease the pain and pay it forward here is a tip. When you see the left side of a TZ form do you know if the next bar that begins the right side will be higher or lower? You don't. It can go higher or lower creating either a PTZ or a FTZ(failed TZ) so depending of how it moved, you plan your move to return to it. FTZs are your friend. PTZs are your friend. TZs are your friend. Anymore and I might get shot
A zone the disappeared is a FTZ
I want more brain power!
  • #10,280
  • Oct 15, 2014 10:05am Oct 15, 2014 10:05am
Quoting cfdtaleong
{quote} Read more h=X has been mentioned many times. Use the indicator provided and adjust the values till you get. If you are not sure about this use V2 first. {quote} A zone the disappeared is a FTZ
as i understood from reading this thread that i wait for appearance of developing zones then i expect that it will be TZ so i sell if prices above it because it is in recurrent zone like picture #1 but it disappeared so what i will do ??
will i get out of my trade with loss you can see pictures below to under stand what i mean
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 338 KB
Click to Enlarge Name: Untitled2.jpg Size: 335 KB
DON'T GIVE UP
10 traders viewing now