The similarity system | Page 520 | 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

  • #10,381
  • Oct 17, 2014 8:40am Oct 17, 2014 8:40am
Quoting Baillie
{quote} Hi Jim, You are on the right track here, this is what I was talking about a hundred or so pages ago. Here is the image I posted to point this out. {image}
Hi Baillie ,your picture​ is too small,if you can show us another one.
thank you.
  • #10,382
  • Oct 17, 2014 8:48am Oct 17, 2014 8:48am
This is where the Attachments are located. It is in every thread in Forex Factory.
Attached Image (click to enlarge)
Click to Enlarge Name: Attachments.JPG Size: 38 KB
A pip is only worth it if you know how much you risked to earn it
  • #10,383
  • Oct 17, 2014 9:43am Oct 17, 2014 9:43am
Quoting NorthTrader
{quote} So what was the point of saying that "the last 10 UTZs were all winners" if sometimes you trade towards them, sometimes away from them, sometimes anticipate them before they are completed, sometimes don't, and sometimes ignore them completely? For someone who likes to "keep it simple" it seems like your system is anything but. Do you see what I'm saying? Honestly, it's no wonder people get frustrated with some of the posts on here.
Well you have nothing more to worry about then, cause I'm completely done with posting on this thread. Good luck with your trading.
  • #10,384
  • Oct 17, 2014 10:13am Oct 17, 2014 10:13am
This thread has my attention!

Page 5 has an excellent post on using stochastic dissimilarities as places to mark prices to which the market is very likely to return.

Post number 89 to be exact.

http://www.forexfactory.com/showthread.php?p=6785115#post6785115

I returned to this forum site yesterday and today I have an EA running that monitors for differences in stochastic values between timeframes and which will mark prices when the differences occur. I'm confident this will prove to me what eurusdd has been saying.
Open to new approaches.
  • #10,385
  • Oct 17, 2014 10:23am Oct 17, 2014 10:23am
why you see sucess with system stoch/BB + 1MA/BB:
300,1,1 means you are setting your stoch indi even 5 min to > daily number of bars means when trading 300,1,1 setup on on 5 min chart you are actually trading the DAILY DIVERENGE of indi, each day 5 min chart has 288 bars
more over 300 bars are in category of %10 longest cycle period ( personally its been calculated years ago ) means 300,1,1 takes possbile longest cycle for any TF to create dievence. here you dont need to wait for the diverence dissappear to enter trade. you can start from where you see divrerenge and average the entry price because price most probably will make a correction or reverse.
so when you trading with Daily chart actually you are trading one YEAR+ diverenge
simply, this has nothing to do with the smilarity instead it is %100 corrolated with the diverenge due to math underlying oscillator.
GL

Quoting MAM.Trader
with respect to thread creator systems: stoch/BB + 1MA/BB: you are actually trading the diverenge of 300,1,1 stoch to Price Close when stoch cretaes diverenge which it happens way rare then the 5,3,3 setup you assume that price will test that level again. nothing magical. just a math underlying stoch MTF stoch differencies: is the cause of bar gaps occuers during the fast price moves. data feed fails to print complete bar on 5min TF but at the same time prints the bar at 1 min TF this creates a difference between two stoch calculations and again...
My Best Trade is Next Trade!
  • #10,386
  • Oct 17, 2014 10:28am Oct 17, 2014 10:28am
sumup system stoch/BB + 1MA/BB:
trader taking relatively big profit ( if it goes to TP ) with 5min chart while trading Daily setup on 5min chart
trader taking relatively big profit ( if it goes to TP ) with Daily chart while trading Year setup on Daily chart
smart.........!
GL
Quoting MAM.Trader
why you see sucess with system stoch/BB + 1MA/BB: 300,1,1 means you are setting your stoch indi even 5 min to > daily number of bars means when trading 300,1,1 setup on on 5 min chart you are actually trading the DAILY DIVERENGE of indi, each day 5 min chart has 288 bars more over 300 bars are in category of %10 longest cycle period ( personally its been calculated years ago ) means 300,1,1 takes possbile longest cycle for any TF to create dievence. here you dont need to wait for the diverence dissappear to enter trade. you can start from where...
My Best Trade is Next Trade!
  • #10,387
  • Edited 11:52am Oct 17, 2014 10:31am | Edited 11:52am
Quoting cfdtaleong
Hmm lest see AU short, EU short biased and ditto UC long biased. This is out of what I normally do but lets see.....
Quoting NorthTrader
{quote} So what was the point of saying that "the last 10 UTZs were all winners" if sometimes you trade towards them, sometimes away from them, sometimes anticipate them before they are completed, sometimes don't, and sometimes ignore them completely? For someone who likes to "keep it simple" it seems like your system is anything but. Do you see what I'm saying? Honestly, it's no wonder people get frustrated with some of the posts on here.
Quoting LITEchild
{quote} Well you have nothing more to worry about then, cause I'm completely done with posting on this thread. Good luck with your trading.
Well if anyone reads the stuff I write then the reason people get frustrated is because they fail module (B) as describe by me a few posts earlier. Forex is a complicated subject. KISS means reducing the complexity of the things we have to deal with but it does not mean that it becomes as simple as A B C. If one choose to interpret KISS as such then one is taking a big risk.

I do think it important to attempt to make this very clear to all who intent on studying this business of TZs. I will do it by a simple play by play of my last 3 calls.

The EU came on the radar because there were 2 PTZs on my M15. The first question that comes to mind is which PTZ should I play? If you are really good you can play both but I obviously can't and you probably shouldn't for a start. Now I have no tools whatsoever that tells me which PTZ to play so what to I do? Wait of course. AU was also in a similar situation.

Price went on to take out the top PTZ on EU and AU followed later. So our first question is answered right? That is our target. So step one is done. Now what did price do when it took out the PTZ? If you had Freefox's indicator on the PTZ disappeared and price bounced off. So second question should I be trading towards or away from my now identified target?

The target PTZ was below and price took out the one above. This means price is already moving AWAY from my target PTZ(1). Price is also currently moving away from the now FTZ it took out(3). Remember the condition chooses to be 97% recurrent? In other words price hate PTZs and will endeavour to take them out(3). Putting (1),(2) and (3) together what does it tell me to do? Do I really need to spell this part out? Same for AU which happen a bit later.

I now have a setup! I know where to target, how to target it and that's it. The rest is seriously up to you. I took UC along and the result was 15+15+10. I had to end the trade early because it was moving slowly, I had to leave for work and don't like having trades open like this else it would be 30+30+20 if I was able to hang around for another hour or so.

If you are proficient enough this play would be really simple to you else you know where your weakness is. By this I've said a lot and probably more than I should but still this is just one "play. TZs, many people more qualified than me like Vlady, Lite, Baillie just to roll off a few names off the tip of my tongue can and have shown you. How to think is your own journey.
I want more brain power!
  • #10,388
  • Oct 17, 2014 10:34am Oct 17, 2014 10:34am
Quoting LITEchild
{quote} These are the kind of statements that are very disrespectful to the efforts made by others to try and help. Simply because you don't understand what is being explained doesn't mean the problem is from the person doing the explaining. Have you thought maybe the problem is from YOU not understanding? Too lazy maybe? Too thick maybe? Too biased maybe? Too tired? Too drunk? I mean, many explanations here have been spot on and clear as daylight. Give credit where it is due and stop whining like cry babies. And a little gratitude doesn't hurt....
LTE relax and understand ...well maybe not now, but in time you will realise...that you cant teach me nothing, because you dont understand nothing.
just thinking that you descovered a secret about the market that allows you to make only winners, it is enough to see the level where you are in trading

that beeing said, read again what i wrote: i didnt ask to answer to me, just asked vlady to answer in a precise way to a precise question with charts and everything
but i guess it is too much to ask....of course it is his choice to answer or not
kids on internet...
  • #10,389
  • Oct 17, 2014 10:41am Oct 17, 2014 10:41am
next I will explain cycle identifier indi - CI
this has created some traders showing up "I am trading against the trend & I can beat markets with reverse trading..!"
instead those guys are trading the range market, not the counter trend
My Best Trade is Next Trade!
  • #10,390
  • Oct 17, 2014 10:42am Oct 17, 2014 10:42am
Quoting bradu
{quote} LTE relax and understand ...well maybe not now, but in time you will realise...that you cant teach me nothing, because you dont understand nothing. just thinking that you descovered a secret about the market that allows you to make only winners, it is enough to see the level where you are in trading that beeing said, read again what i wrote: i didnt ask to answer to me, just asked vlady to answer in a precise way to a precise question with charts and everything but i guess it is too much to ask.... kids on internet...
this is not a court of law or a government service department.

let's put it another way. On/off for 1 year on this thread, I must have spent 4 months full time and the rest part time, tested on demo tested on live and traded live all the bits relating to ZZBBs. Recent concepts since June to now, maybe more/less 3-4 hours a night for 5 nights consistently.

now. When a stranger says.... "can you tell me why a=b?" i first look for a sign of trust. trust is given by effort or some sign of it.
allowing for the fact that english is not some people's first language, you can tell if someone actually is understanding something.
if so, I will lend a hand.

but i will not give for free what I worked my bloody arse off for just because i should answer precisely or concisely to any tom/dick/harry who happens to be on a forum.
this thread started off very friendly and we had some great/fun moments. then there were the haters who loved to magnify the exceptions where stuff didn't work. then when the average joe succeeded.... in come the skyvers who just want everything given to them in precise easy to follow instructions - as if it is expected or deserved. Well... correction. It is earned.
A pip is only worth it if you know how much you risked to earn it
  • #10,391
  • Oct 17, 2014 10:43am Oct 17, 2014 10:43am
Quoting MetaCoder
This thread has my attention! Page 5 has an excellent post on using stochastic dissimilarities as places to mark prices to which the market is very likely to return. Post number 89 to be exact. http://www.forexfactory.com/showthread.php?p=6785115#post6785115 I returned to this forum site yesterday and today I have an EA running that monitors for differences in stochastic values between timeframes and which will mark prices when the differences occur. I'm confident this will prove to me what eurusdd has been saying.
I don't suppose you'd care to share this EA?
  • #10,392
  • Oct 17, 2014 10:44am Oct 17, 2014 10:44am
Quoting MetaCoder
This thread has my attention! Page 5 has an excellent post on using stochastic dissimilarities as places to mark prices to which the market is very likely to return. Post number 89 to be exact. http://www.forexfactory.com/showthread.php?p=6785115#post6785115 I returned to this forum site yesterday and today I have an EA running that monitors for differences in stochastic values between timeframes and which will mark prices when the differences occur. I'm confident this will prove to me what eurusdd has been saying.
Keep going! There are more concepts to be coded from Eurusdd's threads... it's all related.
A pip is only worth it if you know how much you risked to earn it
  • #10,393
  • Oct 17, 2014 10:49am Oct 17, 2014 10:49am
Quoting mact4
{quote} I don't suppose you'd care to share this EA?
I will after I've made it do all I want it to do; and then I'll share so much more.
Open to new approaches.
  • #10,394
  • Oct 17, 2014 10:51am Oct 17, 2014 10:51am
Quoting vlady1974
{quote} Thank you for this. It's inspirational. As you and some others know, my dayjob is the big hindrance to a smooth run for me. So I am now taking serious steps to overcome it. I'd love to know more about your friend's parameters - I'll PM you. Eg. was it London only? Specific pairs/correlations? K.I.S.S. or did he look at Fundies/Tech combined? etc etc. I'm a strong believer in being able to replicate if the right questions are asked
You need an EA to build a nice cushion before quitting your day job... especially since you are a fan of trading objectively.
  • #10,395
  • Oct 17, 2014 10:53am Oct 17, 2014 10:53am
vlady,

i have no problem with you, it is your choice to answer ot not.
moreover, i understant the reasons behind that (work, testing hours and everything)

i admit i didnt read the thread, well i did at first, then i dropped it, and yesterday i saw someone bragging about making 100% winning trades, and of course it lead me here. then i read some pages and all i saw was " i share with you im 100 positive trade in a row...etc on and on....and when a fundamended question with charts and everithing, not just a stupid one was asked, all jumped on him. that was the only reason i posted here.
i mean, what is the point of this tread anymore...just bragging ?
ok then, just to trust me from now on and to be in this thread spirit...i share with you im on 344 consecutive winning trade so far
  • #10,396
  • Oct 17, 2014 10:54am Oct 17, 2014 10:54am
Quoting MetaCoder
{quote} I will after I've gotten what I want out of it; and then I'll share so much more.
Are you sure ? Have you read the whole thread ? What Eurusdd's said about sharing the code ? Be careful about what kind of code you want to share ..... good heart must be done at the right time and the right place
Similarity can change your life !
  • #10,397
  • Oct 17, 2014 10:54am Oct 17, 2014 10:54am
Quoting blueface
{quote} Hi Baillie ,your picture​ is too small,if you can show us another one. thank you.
Hey Bluefan! check out posts; 8085 & 8086 that is where I originally posted these images along with a great way to use. Hope this helps you!
  • #10,398
  • Oct 17, 2014 11:06am Oct 17, 2014 11:06am
My EA already saw a stochastic mismatch between hourly and 30-minute EURUSD, at price level 1.27557.

The price quickly dropped to 1.27431, and popped back up above the marked level of 1.27557. Most good trading opportunities would take longer to unfold, both for a good entry point and a good exit point. For the shorter-term traders this signal could have triggered a nice fast scoop-up of some pippage.
Open to new approaches.
  • #10,399
  • Oct 17, 2014 11:09am Oct 17, 2014 11:09am
Quoting Baillie
{quote} Hi Jim, You are on the right track here, this is what I was talking about a hundred or so pages ago. Here is the image I posted to point this out. {image}
Nice images Baillie. As Vlady said, all are related. I must read this thread from page 286 again this weekend .... so many good hints here. I have read from that page several times, but, some time i got some thing to do, so i must Delay reading them. If i have time on next day, i try to read it again from that point. Every time i read it, i Get something, this make me happy. I know with my low Level knowledge i must do more than others, times does not a problem for me. With hard work, slow but sure, i will be There someday .... at paradise, enjoy sunset on sea shore .... . Thanks mates.
Similarity can change your life !
  • #10,400
  • Oct 17, 2014 11:13am Oct 17, 2014 11:13am
Quoting bradu
vlady, i have no problem with you, it is your choice to answer ot not. moreover, i understant the reasons behind that (work, testing hours and everything) i admit i didnt read the thread, well i did at first, then i dropped it, and yesterday i saw someone bragging about making 100% winning trades, and of course it lead me here. then i read some pages and all i saw was " i share with you im 100 positive trade in a row...etc on and on....and when a fundamended question with charts and everithing, not just a stupid one was asked, all jumped on him....
I can laugh at this - because I recognize where you come from. And I've been there - we've all been there.

The dynamics of a popular thread is like that of any any group that starts off small. Those at the start experience and remember how it was at the beginning when the pioneering spirit was high. Later comers are then treated with suspicion because the natural evolution means they will benefit from all the discoveries and efforts gone before. We all get that... it's natural.

I think however, that there is a very subtle difference between bragging and ...... "inspiring?"... proving that it can be done? Perhaps you saw FX-Jay's post on the Eurusdd thread that lead you here. That's great. His result is real. Privately he has told me and a few others exactly how that account was funded and his methods.
Instantly, someone wants to see proof. Of course! Who wouldn't have that natural reaction of skepticism.

But to refocus.... his success is because of THIS thread. Specifically.... he was able to use the recent contribution by Eurusdd, the Transient Zones. That's his defining concept. For me it was Bollinger ZigZags.... for MadMoney and some others it was CI Indicator... etc etc etc. So given that Eurusdd isn't here often, those of us who volunteer our time really - and I mean REALLY (eg. CFDtaLeong's last 2 long posts are absolute stunners) want to help. We don't want to see people give up.

Perhaps we are sometimes harsh on the way we give that push - noted. I get that from your posts. Perhaps I can tone down as well. We're all built differently. We're not trained "trainers" or lecturers.

But you have to understand the passion we have when the founder of this thread, Eurusdd, initially sounded like another "guru" but really, truly has contributed and shared some concepts instead of another indicator or system or PDF or eBook or subscription or website or Newsletter or Signal Service.... etc etc. We are VERY grateful for this. And I guess we would like to see that level of respect come across from newcomers, in the way the ask for help at the very least.

At least this is where I'm coming from. I stay, because I've made enough money to know that I should contribute back to this thread. Just as a thank you.
Know what I mean?
A pip is only worth it if you know how much you risked to earn it
6 traders viewing now