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The similarity system

  • #10,941
  • Oct 24, 2014 10:21am Oct 24, 2014 10:21am
Quoting LITEchild
{quote} I like your style. No bullshit. That's what brings quality to forex factory. Pls keep it up. I'm following your work closely. Tnx.
I'm Third Next Please....
  • #10,942
  • Oct 24, 2014 10:25am Oct 24, 2014 10:25am
Quoting Kiads
{quote} I'm Third Next Please....
lol.
  • #10,943
  • Oct 24, 2014 10:26am Oct 24, 2014 10:26am
Quoting Porkpie
{quote} Ranging: Expect greater probability of transient zones occurring at extremes in ranging markets (ranging = bounces off previously formed TZs.) Trending: Expect greater probability of transient zones occurring above price in a down trend / recurrent zones below price (vice versa for up trends) Expect larger time frame TZ for trend change on lower time frames. Something to consider, the more smaller time frame PTZs forming the greater likelihood a developing larger time frame TZ will be a PTZ. How do we factor in multiple time frame...
wine on! . That should be RECURRENT for RANGING. Not TRANSIENT.
  • #10,944
  • Oct 24, 2014 10:30am Oct 24, 2014 10:30am
Quoting drloyd
Most of the stoch bb mis-pricing examples that Eurusdd posted from pages 6-30 contain hidden or regular divergence. Can we say that if we are using an indicator that follows price most of the time that divergence indicates mis-pricing? {image}
Hi drloyd,
Thanks for the document you shared, for us deeply consumed by the transient zone theory it is useful to step back and look at the thread beginning with the new eyes.
To my understanding - yes, divergences are a component of the dissimilarity in a way you state (the price and the indicator are "out of sync", as Eurusdd puts it) . One additional component here is to observe the first and the last divergence, as this will be an area to be revisited soon. So the dissimilarity zone, imho, is linked with a divergent area. Trend change is linked with a restoration of similarity.
Cheers,
k
  • #10,945
  • Oct 24, 2014 10:34am Oct 24, 2014 10:34am
Quoting kprsa
{quote} Hi drloyd, Thanks for the document you shared, for us deeply consumed by the transient zone theory it is useful to step back and look at the thread beginning with the new eyes. To my understanding - yes, divergences are a component of the dissimilarity in a way you state (the price and the indicator are "out of sync", as Eurusdd puts it) . One additional component here is to observe the first and the last divergence, as this will be an area to be revisited soon. So the dissimilarity zone, imho, is linked with a divergent area. Trend change...
hey buddy, you're looking very red these days! Congratulations hahaha. You certainly deserve it!
  • #10,946
  • Edited 11:00am Oct 24, 2014 10:43am | Edited 11:00am
Quoting kprsa
{quote} Hi drloyd, Thanks for the document you shared, for us deeply consumed by the transient zone theory it is useful to step back and look at the thread beginning with the new eyes. To my understanding - yes, divergences are a component of the dissimilarity in a way you state (the price and the indicator are "out of sync", as Eurusdd puts it) . One additional component here is to observe the first and the last divergence, as this will be an area to be revisited soon. So the dissimilarity zone, imho, is linked with a divergent area. Trend change...
And speaking of divergences, maybe my funny indicator can help a little bit.. or a little bad.. lol

MTH

Edit : How to... ??

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD M15 TZ with Divergences marker -stoch mode.png Size: 299 KB


Enjoy
Attached File(s)
File Type: ex4 !___MTH Standard Divergence Marker Indi B670.ex4   108 KB | 868 downloads
  • #10,947
  • Oct 24, 2014 10:43am Oct 24, 2014 10:43am
Quoting LITEchild
{quote} hey buddy, you're looking very red these days! Congratulations hahaha. You certainly deserve it!
Meh, I liked the orange one better, it fitted the avatar's color scheme... Now i need to find some new picture to fit with this ugly flag.
(edit: this one should be better)
k
  • #10,948
  • Oct 24, 2014 10:46am Oct 24, 2014 10:46am
hi kprsa.. im currently exporting all probabilities for hleft1 to x hrigt 1 to x with help of your indi to excell.
i have a question about the way you calculated the prob. for a zone with hleft x , hright y1 and hright y2.
is it correct to say if hright y1 has a resolving prob of 60% and hright y2 70%, that the prob of hitting the zone after y1 between y1 and y2 is 10%??
so hright y2 - hright y1?
follow the flow
  • #10,949
  • Oct 24, 2014 10:56am Oct 24, 2014 10:56am
Quoting kprsa
{quote} Meh, I liked the orange one better, it fitted the avatar's color scheme... Now i need to find some new picture to fit with this ugly flag. (edit: this one should be better) k
hahaha. you crack me up. nice pic though. what's not to like?
  • #10,950
  • Oct 24, 2014 10:57am Oct 24, 2014 10:57am
Quoting Atihun
hi kprsa.. im currently exporting all probabilities for hleft1 to x hrigt 1 to x with help of your indi to excell. i have a question about the way you calculated the prob. for a zone with hleft x , hright y1 and hright y2. is it correct to say if hright y1 has a resolving prob of 60% and hright y2 70%, that the prob of hitting the zone after hright y1 between hright y1 and y2 is 10%?? so hright y1 - hright y2?
No, it should be 25% (= (70-60%) /(100-60%)). See this post (http://www.forexfactory.com/showthread.php?p=7808835#post7808835).
Sorry for the confusion with that.
k
  • #10,951
  • Oct 24, 2014 11:04am Oct 24, 2014 11:04am
Hello,

i have grow my account real, from 3,500 usd to 50,000 usd ( appx. 2 months using this system)
and now, i have tear down my account to 2,400 usd

amazing result with this system, rich with this system, but im poor now,
ITS NOT BECAUSE THE SYSTEM, BUT ITS MY FAULT

im become greedy with all this result, and increasing LOT massively, but forget to use money management

this night become valuable lesson for me, and also for others

DONT FORGET MONEY MANAGEMENT, AND DONT GREEDY!!

THIS SYSTEM IS PERFECT!! BUT "us define who we are"

and now im start again with 2,400 usd
see what happen next, i will use very tight money management

REPEAT : MESSAGE FOR OTHERS!
DONT FORGET MONEY MANAGEMENT, AND DONT GREEDY!!


i become greedy because this system is sooooo perfectttt!!
NOTE: using TZ, RZ, DISIMILARITY (ZZBB), TF = 5M, 15M, H1, H4
  • #10,952
  • Oct 24, 2014 11:06am Oct 24, 2014 11:06am
Quoting Kiads
{quote} And speaking of divergences, maybe my funny indicator can help a little bit.. or a little bad.. lol MTH Edit : How to... ?? {image} Enjoy {file}
hey, this actually looks pretty cool you know! Settings look like it's going to be b-c-th to optimise for different tfs though. Any suggestions before I develope a headache trying. lol. Tnx for sharing as always.
  • #10,953
  • Oct 24, 2014 11:12am Oct 24, 2014 11:12am
Quoting brekz1
Hello, i have grow my account real, from 3,500 usd to 50,000 usd ( appx. 2 months using this system) and now, i have tear down my account to 2,400 usd amazing result with this system, rich with this system, but im poor now, ITS NOT BECAUSE THE SYSTEM, BUT ITS MY FAULT im become greedy with all this result, and increasing LOT massively, but forget to use money management this night become valuable lesson for me, and also for others DONT FORGET MONEY MANAGEMENT, AND DONT GREEDY!! THIS SYSTEM IS PERFECT!! BUT "us define who we are" and now im start...
Now this is how you know someone who's not full of shit! Totally transparent with regards to his losing experience. And he didn't even post when he was on the crazy winning streak!!! Kudos to you brekz. Good thing you were able to catch the slide before margin call. I've been there too. Had a 1000% return in 7 days on one particular live account, only to lose it all in a day! We've all been there done that. That's why ALL the different aspects of a trade are so important to analyse and understand before trying to teach others. You have my support and encoragement bro! You can do it again. Only this time as you said, watch your money and trade management. Tnx for sharing. Goodluck!
  • #10,954
  • Oct 24, 2014 11:16am Oct 24, 2014 11:16am
Quoting brekz1
Hello, i have grow my account real, from 3,500 usd to 50,000 usd ( appx. 2 months using this system) and now, i have tear down my account to 2,400 usd amazing result with this system, rich with this system, but im poor now, ITS NOT BECAUSE THE SYSTEM, BUT ITS MY FAULT im become greedy with all this result, and increasing LOT massively, but forget to use money management this night become valuable lesson for me, and also for others DONT FORGET MONEY MANAGEMENT, AND DONT GREEDY!! THIS SYSTEM IS PERFECT!! BUT "us define who we are" and now im start...
Sorry to hear (read) that My Friend..
we always hv both of them inside us..

Attached Image



and i believe is not only about Money Management but also about Mentality Management..
ok stand up and start to ride again.. but this time don't forget your helmet..

best regard
MTH
  • #10,955
  • Oct 24, 2014 11:19am Oct 24, 2014 11:19am
Quoting Kiads
{quote} And speaking of divergences, maybe my funny indicator can help a little bit.. or a little bad.. lol MTH Edit : How to... ?? {image} Enjoy {file}
Tnx Kiads! Thats exactly what I wanted to know.
  • #10,956
  • Oct 24, 2014 11:19am Oct 24, 2014 11:19am
Quoting brekz1
Hello, i have grow my account real, from 3,500 usd to 50,000 usd ( appx. 2 months using this system) and now, i have tear down my account to 2,400 usd amazing result with this system, rich with this system, but im poor now, ITS NOT BECAUSE THE SYSTEM, BUT ITS MY FAULT im become greedy with all this result, and increasing LOT massively, but forget to use money management this night become valuable lesson for me, and also for others DONT FORGET MONEY MANAGEMENT, AND DONT GREEDY!! THIS SYSTEM IS PERFECT!! BUT "us define who we are" and now im start...

dont worry dude.. if you managed to do it once youll be able to do it again...
follow the flow
  • #10,957
  • Oct 24, 2014 11:22am Oct 24, 2014 11:22am
Quoting kprsa
{quote} No, it should be 25% (= (70-60%) /(100-60%)). See this post (http://www.forexfactory.com/showthread.php?p=7808835#post7808835). Sorry for the confusion with that. k
but isnt it cumulative? h2 right includes h1 right
follow the flow
  • #10,958
  • Oct 24, 2014 11:22am Oct 24, 2014 11:22am
Quoting Kiads
{quote} Sorry to hear (read) that My Friend.. we always hv both of them inside us.. {image} and i believe is not only about Money Management but also about Mentality Management.. ok stand up and start to ride again.. but this time don't forget your helmet.. best regard MTH
100% agree. lets improve our mental. my account always boom because my lust my ill mental

lets meditate
we don't predict, we only ride
  • #10,959
  • Oct 24, 2014 11:23am Oct 24, 2014 11:23am
Lots of approaches discussed on the thread. We all work out what makes sense to us, yes? For now, the little wormhole thing to me is just a way to find entry points. I will also want the initial market movement away from a most recent wormhole to be opposite the tradable direction I determine from other analyses, whether they be news-based, technical, or some combination. So if I'm thinking long, I'll want to see the market dropping below a recent wormhole before I enter. And the reverse if thinking short of course.

More thoughts later as I get more experience with this.
Open to new approaches.
  • #10,960
  • Oct 24, 2014 11:23am Oct 24, 2014 11:23am
Quoting Kiads
{quote} And speaking of divergences, maybe my funny indicator can help a little bit.. or a little bad.. lol MTH Edit : How to... ?? {image} Enjoy {file}
eh...sorry one more thing. for 'price type' 1=close???
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