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The similarity system

  • #10,521
  • Oct 18, 2014 2:41pm Oct 18, 2014 2:41pm
Quoting Barbaresco
{quote} Use the iCustom function... the CI indicator is essentially a TZ indicator or fractal indicator plus a momentum aspect, depending on the settings. I can save you the time from coding it straight, though - no settings are profitable on their own - use it for similarity though and it can have some teeth, just not as many as stoch/BB, since you can see more and isolate more pieces from that platform due to the settings... think slope of mid-BB over the stoch, what is happening to price when stoch is at 0/100, when you can/can't see the upper...
OK, thanks, I see how to use the iCustom function. How can I tell from the double value it returns whether that value represents a MajorCycle buy or sell (analogous to the thick/double green/red lines on the indicator's graphical representation)?
Open to new approaches.
  • #10,522
  • Oct 18, 2014 3:01pm Oct 18, 2014 3:01pm
Never mind, I get the repainting "feature" and already figured the indicator was too good to be true.

I still think there is something to detecting signal mismatches across timeframes.
Open to new approaches.
  • #10,523
  • Oct 18, 2014 3:02pm Oct 18, 2014 3:02pm
Quoting MetaCoder
{quote} OK, thanks, I see how to use the iCustom function. How can I tell from the double value it returns whether that value represents a MajorCycle buy or sell (analogous to the thick/double green/red lines on the indicator's graphical representation)?

Different signals will be given by the different buffers (indexed through each call of iCustom) in the case of CI. If I remember correctly, each buffer was either -1,0,or 1, denoting down, no signal, or up for major or minor. The only double was that of price (I think buffer 5, again from memory), but I may have had a different version of the indicator that I worked from... best to look at the CI indicator code directly, to decide which buffers you need for your EA. When in doubt, spit them all out as msg or alert just to see what you're working with...
  • #10,524
  • Oct 18, 2014 3:11pm Oct 18, 2014 3:11pm
Hey folks! I've been using the RecurrenceStatistics Indi with higher values of h and have noticed that the probability that the indicator will continue to paint more signals in the most current fractals(TZ) direction is greater than the chance of it painting an opposite fractal. In other words, if a fractal(TZ) signifying a potential top is created, it seems more tops will appear before a bottom does... but how many hmmmm... Is anyone else traveling down this path? I'm currently looking at the probability of repeating tops/bottom TZ, throwing in Ralome's Indi to see if there is a relationship between TZ and Similarity.
Entries can be made off the 1st TZ or on a small pullback... but when to exit is the tough part for me at the moment. A point in the right direction would be greatly appreciated by those of you who have a good grasp on this thread. Thanks everyone for the great thread!!
Also the following values are correct for Ralomes indi?
300 for 4h
75 for 1h
300 for 15m
900 for 5m
A Positive Mind, and Positive Spirit lead to True Happiness
  • #10,525
  • Oct 18, 2014 3:23pm Oct 18, 2014 3:23pm
Quoting Barbaresco
When in doubt, spit them all out as msg or alert just to see what you're working with...
Yes! Thanks!
Open to new approaches.
  • #10,526
  • Oct 18, 2014 3:59pm Oct 18, 2014 3:59pm
lets identify:
1 - The ''price'' you see on your chart does not exist => ok
2 - The market is in constant unbalance => ok
3 - but rarely it goes into balance => ok
4 - and jumps out of sync again => means it goes unbalanced again ok
5 - when the market is in unbalance => !! according to #2 it is most of the time unbalanced so we should be trade every where according to your statement
6 - trade it back to balance => according to #3 it goes balance very rare.

conclusion:
I should open constant trade every where & wait it to go balance very Rare

not sounds logic

EDIT : I believe this is fake.

Quoting Ullen
If you are not trading TZ, here are some hints for you guys. The ''price'' you see on your chart does not exist. It is nothing. It is fake. The market is in constant unbalance, but rarely it goes into balance, and jumps out of sync again. Use this for your good by identifying when the market is in unbalance, and trade it back to balance. Theese levels are almost 100% probability. It is not the stoch method that is in this thread as the stoch doesnt give the right value. Even though it can produce great signals. I've found a way of trading this (and...
My Best Trade is Next Trade!
  • #10,527
  • Oct 18, 2014 4:11pm Oct 18, 2014 4:11pm
Quoting Ullen
The market is not random! And i highly recommend treating it like it isnt. Once you understand it, you will see thoose windows for making money that EURUSDD is talking about. Everything in my system is not from this thread. EU put the thought in my head, and i went on and spend alot of hours trying to figure out how i could use this. The thing that there are 2 independent ideas floating around this forum (TZ and Sim) is just amazing. Figure out what fits you, and build your system. Just remember Patience & Confidence! Ullen {image} {image}
I first apologize to the readership to perpetuate this discussion in the similarity thread.

Hi Ullen, if your indicator aspires to describe the true value of Forex pair, as opposed to the price, I would expect it to be much more interesting than what is shown in your screenshot. Particularly, I would expect the value to grow or decline before significant events where the smart money already knows the direction (news events etc) whereas the actual price does not move much. Does your indicator do that and could you provide an example? As it is, all I see in your screenshot is a moving average (and I have better MAs than that one).

k
  • #10,528
  • Oct 18, 2014 4:13pm Oct 18, 2014 4:13pm
Quoting Eurusdd
Let us supposed we know the yellow area but the market has not develop the blue area yet. We can then assume that when the region B is matured, it will be transient. So, we declare the area A as recurrent. We then move ahead to find sell position above B. Now, if the market pulls back into B, we win. If B turns out to be transient, our assumption of A as recurrent will give our sell a profit. Both ways, we will win!!!{image}
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.jpg Size: 48 KB


Hey Guys and Eurusdd,
This is my first post here (actually I tried to post more than a year ago but it was blocked somehow), anyway I`ve been following this thread with great interest. Lately I`ve been testing the concept that I`m quoting here.
There are two reasons that I don`t reveal how I applied it. First reason is that nobody reveals his exact strategy here. Second reason is that I failed with it so it`s not profitable. With my own method I had about 90-95% success rate but that success rate was without using a stoploss. And in this case trading without a stoploss means large drawdowns and also means margin call because that 5-10% when my strategy fails will kill the account. Btw I remember that Eurusdd`s very first trade explorer was really successful but with large drawdowns and small profits and that trade explorer would disappear all of a sudden later on. So that time Eurusdd maybe used something similar to my present strategy...
So unfortunately I only have some questions at the moment but I'd rather live with a good question than a bad answer.
How do you guys interpret this concept and this picture? Price would go back from Zone "A" to Zone "B". But when would you go short? In the life of the middle transient candle or later on when price would go up to Zone "A" from below again? (Of course not like on this picture because price never went up again after it had come down below Zone "B")
That`s all I would like ask. Hopefully it`s not a ridiculous question for you.
Thank you and good luck!
  • #10,529
  • Oct 18, 2014 4:37pm Oct 18, 2014 4:37pm
Quoting kprsa
{quote} all I see in your screenshot is a moving average (and I have better MAs than that one). k
Quoting MAM.Trader
I should open constant trade every where & wait it to go balance very Rare not sounds logic EDIT : I believe this is fake. {quote}
Kprsa

I can assure you that it is not a moving average. You have to know what it is to use it. So you don't see the levels that is cleared with 99% probability on the screenshots. The probability that ''price'' moves further than 40 pips away from target is about 11,10%, and it moves further than 20 pips away with 66% probability. This gives me a great window for money, and a perfect edge.

MAM.Trader:

Yes, of course you should open trades all the time, what? When have i said that this is what you should do? I have said that one should open a trade when the market is in unbalance and trade towards balance. If this is 1,2 or 20 positions it's up to the single trader to decide according to money management.

I won't post more of this content here, as it seems that people don't like it.
Not about how much you win, but how much you loose
  • #10,530
  • Oct 18, 2014 5:10pm Oct 18, 2014 5:10pm
I found the indicator. my guess he added some probability calculations to that indi. "a little of TZ"
its modified. you actually not seing the original code prints.

Quoting Ullen
{quote} {quote} Kprsa I can assure you that it is not a moving average. You have to know what it is to use it. So you don't see the levels that is cleared with 99% probability on the screenshots. The probability that ''price'' moves further than 40 pips away from target is about 11,10%, and it moves further than 20 pips away with 66% probability. This gives me a great window for money, and a perfect edge. MAM.Trader: Yes, of course you should open trades all the time, what? When have i said that this is what you should do? I have said that one should...
My Best Trade is Next Trade!
  • #10,531
  • Oct 18, 2014 5:12pm Oct 18, 2014 5:12pm
if you are looking for Ullen setup, actually digging the wrong thread.....

Quoting MAM.Trader
I found the indicator. my guess he added some probability calculations to that indi. "a little of TZ" its modified. you actually not seing the original code prints. {quote}
My Best Trade is Next Trade!
  • #10,532
  • Oct 18, 2014 5:13pm Oct 18, 2014 5:13pm
Quoting MAM.Trader
I found the indicator. my guess he added some probability calculations to that indi. "a little of TZ" its modified. you actually not seing the original code prints. {quote}
This indicator does only exist in mine and 2 other computers, so you havent found the indicator, and it has absolutely nothing to do with TZ
Not about how much you win, but how much you loose
  • #10,533
  • Oct 18, 2014 5:17pm Oct 18, 2014 5:17pm
Quoting ninpojutsu
Hello, thank you very much for introducing this form of trading, the concept is great. I am a Spanish girl and do not understand English very well, for more I read the thread there are important things I do not understand. I need some help. I know how the signals are produced with the "CI" prompt, the settings are for signs on 5M chart, I find the same configuration signals in other periods? I change the settings? (attached image) Knowing that my questions may be answered already, but I can not find the answers, do not understand. Could someone...
There is a good PDF on CI in the attachements
I want more brain power!
  • #10,534
  • Oct 18, 2014 5:24pm Oct 18, 2014 5:24pm
good friend if the indicator on my chart showing exactly your nosense ziggyzaggy levels then >%99 probability they are using same algorithm
I dont give a heck in how many machines its stored


Quoting Ullen
{quote} This indicator does only exist in mine and 2 other computers, so you havent found the indicator, and it has absolutely nothing to do with TZ
My Best Trade is Next Trade!
  • #10,535
  • Oct 18, 2014 5:25pm Oct 18, 2014 5:25pm
Quoting kore2
{quote} {image} Hey Guys and Eurusdd, This is my first post here (actually I tried to post more than a year ago but it was blocked somehow), anyway I`ve been following this thread with great interest. Lately I`ve been testing the concept that I`m quoting here. There are two reasons that I don`t reveal how I applied it. First reason is that nobody reveals his exact strategy here. Second reason is that I failed with it so it`s not profitable. With my own method I had about 90-95% success rate but that success rate was without using a stoploss. And...
When to trade? Why we say its a setup and there is need to build a system around is to answer this question you are asking.

B and back up to A. Condition is already done if that happens
I want more brain power!
  • #10,536
  • Oct 18, 2014 5:32pm Oct 18, 2014 5:32pm
Quoting MAM.Trader
good friend if the indicator on my chart showing exactly your nosense ziggyzaggy levels then >%99 probability they are using same algorithm I dont give a heck in how many machines its stored {quote}
Please share M1 chart for NZDUSD then
Not about how much you win, but how much you loose
  • #10,537
  • Oct 18, 2014 6:28pm Oct 18, 2014 6:28pm
Quoting cfdtaleong
{quote} When to trade? Why we say its a setup and there is need to build a system around is to answer this question you are asking. B and back up to A. Condition is already done if that happens

I think you are right that`s correct.
But sometimes setups and systems are mixed up. I`m quoting Eurusdd again (it`s about the above mentioned concept or setup):

"You don't wait. once the previous h bars, give you a hint that a transient zone may be forming, you act assuming that will be the case and act. (This is where the secret is) Riskless profit in most cases.
you can declare the area immediately above the zone as h-recurrent and then look for a sell.

The following things will happen.

If your zone turns out to be h-recurrent, your sell will still win.
if your zone turns out to be h-transient, your sell will still win. EITHER way, you will win!!"

And I cannot decide whether it`s a setup or a hidden system here. We have two postulates here: If your zone turns out to be h-recurrent, your sell will still win.
if your zone turns out to be h-transient, your sell will still win. EITHER way, you will win!!

And that is fine and true. But a third postulate or logic is missing: How comes that prices should come back when we short it above the present transient zone (candle)? Of course if it turns back short then transient zone turns to be whether h-recurrent, or h-transient depending on how much price would move down. But how comes that price must turn back above our forming transient zone? That is the missing third postulate (or hidden system) here.
Attached Image (click to enlarge)
Click to Enlarge Name: transient 3.jpg Size: 159 KB
  • #10,538
  • Oct 18, 2014 7:11pm Oct 18, 2014 7:11pm
Quoting kore2
{quote} I think you are right that`s correct. But sometimes setups and systems are mixed up. I`m quoting Eurusdd again (it`s about the above mentioned concept or setup): "You don't wait. once the previous h bars, give you a hint that a transient zone may be forming, you act assuming that will be the case and act. (This is where the secret is) Riskless profit in most cases. you can declare the area immediately above the zone as h-recurrent and then look for a sell. The following things will happen. If your zone turns out to be h-recurrent, your sell...

My interpretation of You don't wait. once the previous h bars, give you a hint that a transient zone may be forming, you act assuming that will be the case and act is not equal to pulling the trigger.


you can declare the area immediately above the zone as h-recurrent and then look for a sell is what I believe to be meant by act.

Base on the above, hypothesise how price can possibly move to satisfy the postulations. There is in your example no third postulation. You only need a slight shift in how you are looking at this conundrum.

#5793 #5799 will answer your queries.
I want more brain power!
  • #10,539
  • Oct 18, 2014 7:18pm Oct 18, 2014 7:18pm
Quoting kore2
{quote} I think you are right that`s correct. But sometimes setups and systems are mixed up. I`m quoting Eurusdd again (it`s about the above mentioned concept or setup): "You don't wait. once the previous h bars, give you a hint that a transient zone may be forming, you act assuming that will be the case and act. (This is where the secret is) Riskless profit in most cases. you can declare the area immediately above the zone as h-recurrent and then look for a sell. The following things will happen. If your zone turns out to be h-recurrent, your sell...
Don't think of the moves in straight lines.
If price gaps to the red arrow, yes it could go up, but why would it not return to fill the void? Gaps often do.
What if price doesn't go to your red line but start just above the zone.... Well, then it is in a recurrent zone so you could scalp long then scalp short later. I can tell you that mid-TZs tend to get cleared out on return journeys after a major move, the bigger the tf the better.

also, you are concentrating on one situation ( mid transients) when the other situations can give you more trading opportunities. Effort to reward?
A pip is only worth it if you know how much you risked to earn it
  • #10,540
  • Oct 18, 2014 7:21pm Oct 18, 2014 7:21pm
Quoting Eurusdd
{quote} First and foremost, there is no guru on this thread. Furthermore, when I introduced some ideas here I did not force a particular finite number of steps for people to follow because I know there are a lot of very intelligent traders on this forum. Instead, I introduced a concept in its crudest form so that those who can see the truth will develop their own systems. So far, so good. I am quietly learning from most of them too. That is the way to deal with intelligent people. Give them freedom to explore. So, if you do not see any good in what...
Nice to see you again Eurusdd, thank you for your great ideas !!

Quoting vlady1974
{quote} This one is trial and error. There was previously a discussion on finding an optimal h. I personally believe that "optimal" is a personal preference based on a specific timeframe and appropriate market type strategy (ranging vs trending). what does that mean? How about you try trial and error. The simplest being, start at one. Then two, then three. The idea is to look at the screen and see if YOU can actually interpret what you see. assuming you've gone through this exercise, you should now collect so you have h values that make sense. Eg....
Great posts Vlady. Thanks mate. h(T,k) is very interesting. The variable Time(T) and double value k will lead us to an optimal h. Amazing result .....
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