The similarity system | Page 552 | 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

  • #11,021
  • Oct 26, 2014 2:19am Oct 26, 2014 2:19am
Quoting Neio
{quote} Hi Kprsa, Do you not mean height? Regards Neio
Yes, i meant the extension along the price axis, one should more precisely call this height.
Cheers,
k
  • #11,022
  • Oct 26, 2014 2:33am Oct 26, 2014 2:33am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Eurusdd
This is the heart of the matter and it works on any time frame. I will prove this to you. {image}

Attached Image


This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements.

Are we really talking about two propositions?

My basic understanding is that the first statement (Proposition 1) is saying that price is almost surely recurrent. So there would be k and h figures that someone could pick that would make that statement true. So in theory every price on the chart could be recurrent if we wait long enough. The problem is that we can't.

I believe the second statement (Definition 2) based on my basic understanding again is that this is a definition of what it means to be recurrent. So explaining what price has to do to be recurrent.

Does any one agree/disagree with this?

It would be interesting to have a discussion around this and with our collective minds come to a conclusion.

Regards

Neio
An expert is a man who has made all the mistakes which can be made
  • #11,023
  • Oct 26, 2014 2:38am Oct 26, 2014 2:38am
Quoting Neio
{quote} {image} This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements. Are we really talking about two propositions? My basic understanding is that the first statement (Proposition 1) is saying that price is almost surely recurrent. So there would be k and h figures that someone could pick that would make that statement true. So in theory every price on the chart could be recurrent if we wait long enough....
Hi, my understanding is the same as yours.
k
  • #11,024
  • Oct 26, 2014 2:41am Oct 26, 2014 2:41am
Quoting Neio
{quote} {image} This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements. Are we really talking about two propositions? My basic understanding is that the first statement (Proposition 1) is saying that price is almost surely recurrent. So there would be k and h figures that someone could pick that would make that statement true. So in theory every price on the chart could be recurrent if we wait long enough....

Thanking you for making these statements more clear for me. I was never to good at math.
Life's Good & Why Wouldn't It Be? Im a Pirate After All!
  • #11,025
  • Oct 26, 2014 2:52am Oct 26, 2014 2:52am
metioned that days ago
in theory there shouldnt be any TZ

Quoting Neio
{quote} {image} This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements. Are we really talking about two propositions? My basic understanding is that the first statement (Proposition 1) is saying that price is almost surely recurrent. So there would be k and h figures that someone could pick that would make that statement true. So in theory every price on the chart could be recurrent if we wait long enough....
My Best Trade is Next Trade!
  • #11,026
  • Oct 26, 2014 3:30am Oct 26, 2014 3:30am
hi juri
how did u find %33 ?

Quoting juriFX
{quote} {quote} OK now all clear. I thought EURUSDD was saying the opposite hence my lack of understanding. Thanks. {quote} Good indicator and good insights! Right on time for new experiments with k Thanks for sharing. {quote} Looking forward it. {quote} Proposition 1 seems in conflict with the example setup (http://www.forexfactory.com/showthread.php?p=7681717#post7681717) EURUSDD showed us, where he clearly stated k is the height of the transient zone.
My Best Trade is Next Trade!
  • #11,027
  • Oct 26, 2014 3:31am Oct 26, 2014 3:31am
Quoting MAM.Trader
metioned that days ago in theory there shouldnt be any TZ {quote}
That's incorrect. there will always be 2 transient prices on any pair no matter what
Not about how much you win, but how much you loose
  • #11,028
  • Oct 26, 2014 3:34am Oct 26, 2014 3:34am
ok I will buy the dip & seel the high

I said in theory, not in real
yes in real there those zones & we are tying to benefit from those defects

Quoting Ullen
{quote} That's incorrect. there will always be 2 transient prices on any pair no matter what
My Best Trade is Next Trade!
  • #11,029
  • Oct 26, 2014 3:49am Oct 26, 2014 3:49am
Quoting Neio
{quote} {image} This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements. Are we really talking about two propositions? My basic understanding is that the first statement (Proposition 1) is saying that price is almost surely recurrent. So there would be k and h figures that someone could pick that would make that statement true. So in theory every price on the chart could be recurrent if we wait long enough....

My understanding of Prop 1. is not that every price will be recurrent (yes most are given time) but more rather, prices within the certain h,k figures relative to a chosen time frame. That's where the magic is.

The definition statement is defining price recurrence relative to h on a chosen time frame.
  • #11,030
  • Oct 26, 2014 3:51am Oct 26, 2014 3:51am
Quoting MAM.Trader
hi juri how did u find %33 ? {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: PTZ next candle break.png Size: 99 KB


Quoting Neio
{quote} {image} This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements. Are we really talking about two propositions? My basic understanding is that the first statement (Proposition 1) is saying that price is almost surely recurrent. So there would be k and h figures that someone could pick that would make that statement true. So in theory every price on the chart could be recurrent if we wait long enough....
If any price is almost surely recurrent within price+k and price-k for the next h bars then theoretically we could enter the market at any given time (except strong trends or near confirmed transient zones). But I guess it doesn't really work that way.
the 3rd wave is the crowd's wave
  • #11,031
  • Oct 26, 2014 4:03am Oct 26, 2014 4:03am
  •  Neio
  • Joined Oct 2012 | Status: Can't think outside?Enlarge the box | 688 Posts
Quoting Neio
{quote} {image} This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements. Are we really talking about two propositions? My basic understanding is that the first statement (Proposition 1) is saying that price is almost surely recurrent. So there would be k and h figures that someone could pick that would make that statement true. So in theory every price on the chart could be recurrent if we wait long enough....

Thank you for all your comments so far...

It appears we are all in agreement. I just wondered as a couple of times I have heard people mention a second proposition but in my mind their is only one proposition with a definition. According to Eurusdd we only need that proposition to earn $$$ but we have to overcome times when prices are transient which normally happens when price is trending strongly.
An expert is a man who has made all the mistakes which can be made
  • #11,032
  • Oct 26, 2014 4:06am Oct 26, 2014 4:06am
correct point of view but wrong result
%33 is related with one on the left one on the right of TZ bar.
in our case we have 10 bars untouched on the left & now we are counting the ones on the right
here we need the statistics of how TZ s are broken.
eg
when we have 10 bars completed on the left & when we start counting on the right when TZ is broken
on the 1st bar or 2nd etc..............
when we have that stat then we can talk on probability


Quoting juriFX
{quote} {image} {quote} If any price is almost surely recurrent within price+k and price-k for the next h bars then theoretically we could enter the market at any given time (except strong trends or near confirmed transient zones). But I guess it doesn't really work that way.
My Best Trade is Next Trade!
  • #11,033
  • Oct 26, 2014 4:11am Oct 26, 2014 4:11am
Quoting MAM.Trader
correct point of view but wrong result %33 is related with one on the left one on the right of TZ bar. in our case we have 10 bars untouched on the left & now we are counting the ones on the right here we need the statistics of how TZ s are broken. eg when we have 10 bars completed on the left & when we start counting on the right when TZ is broken on the 1st bar or 2nd etc.............. when we have that stat then we can talk on probability {quote}
I think you didn't see that my chart has h_left set to 6 so not 1 bar left. It is 6 bars left and then the probability of breaking the PTZ on the next bar.
For other h_left=10 and h_right=1 should be similar, haven't checked, but thanks to the indi from kprsa is it easy to find out.
the 3rd wave is the crowd's wave
  • #11,034
  • Oct 26, 2014 4:11am Oct 26, 2014 4:11am
& that is the point
we need that stats
after how many bars the TZ is invalidated.

Quoting MAM.Trader
correct point of view but wrong result %33 is related with one on the left one on the right of TZ bar. in our case we have 10 bars untouched on the left & now we are counting the ones on the right here we need the statistics of how TZ s are broken. eg when we have 10 bars completed on the left & when we start counting on the right when TZ is broken on the 1st bar or 2nd etc.............. when we have that stat then we can talk on probability {quote}
My Best Trade is Next Trade!
  • #11,035
  • Oct 26, 2014 4:13am Oct 26, 2014 4:13am
Quoting MAM.Trader
in our case we have 10 bars untouched on the left & now we are counting the ones on the right here we need the statistics of how TZ s are broken. eg when we have 10 bars completed on the left & when we start counting on the right when TZ is broken on the 1st bar or 2nd etc.............. when we have that stat then we can talk on probability {quote}
Hi MAM.Trader,

You are of course very welcome to share your code where you do the procedure you think is correct.

k
  • #11,036
  • Oct 26, 2014 4:15am Oct 26, 2014 4:15am
Quoting metta87
{quote} Hello Leeshindig, please what are those dots on your chart ?
just hand drawn at each pop away from a supply zone, or consolidation.

just zoom out in any time frame and see them over and over again.
  • #11,037
  • Oct 26, 2014 4:19am Oct 26, 2014 4:19am
no I didnt
you are right
its set 6 to 1
ok
fair

kprsa (http://www.forexfactory.com/kprsa) what does it mean "fully resolving possible ransistent bars" ?

my code does no calculate that way. Iit only caculates +-n bar span starting from 1 means
when I set n=50 it caculates all probabilites from H=+-1 to H=+-50
now after post of juri I should fix the code.

unfo my codes are embeaded into my trading code. an EA. so its not possible to share it as an indicator. but if you want to see the code I can share it with you as a raw data (text document) while your code is open source

Quoting juriFX
{quote} I think you didn't see that my chart has h_left set to 6 so not 1 bar left. It is 6 bars left and then the probability of breaking the PTZ on the next bar. For other h_left=10 and h_right=1 should be similar, haven't checked, but thanks to the indi from kprsa is it easy to find out.
My Best Trade is Next Trade!
  • #11,038
  • Oct 26, 2014 4:21am Oct 26, 2014 4:21am
Quoting juriFX
{quote} I think you didn't see that my chart has h_left set to 6 so not 1 bar left. It is 6 bars left and then the probability of breaking the PTZ on the next bar. For other h_left=10 and h_right=1 should be similar, haven't checked, but thanks to the indi from kprsa is it easy to find out.
Hi,juriFX
if you can show us more cases how to use the indi from kprsa?
  • #11,039
  • Oct 26, 2014 4:21am Oct 26, 2014 4:21am
Quoting Neio
{quote} Thank you for all your comments so far... It appears we are all in agreement. I just wondered as a couple of times I have heard people mention a second proposition but in my mind their is only one proposition with a definition. According to Eurusdd we only need that proposition to earn $$$ but we have to overcome times when prices are transient which normally happens when price is trending strongly.
Look at this chart, could be something worth exploring out
Attached Image (click to enlarge)
Click to Enlarge Name: k-channel.png Size: 112 KB


Thanks Sciurus for the channel
the 3rd wave is the crowd's wave
  • #11,040
  • Oct 26, 2014 4:32am Oct 26, 2014 4:32am
Quoting MAM.Trader
& that is the point we need that stats after how many bars the TZ is invalidated. {quote}
you mean like this?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
follow the flow
2 traders viewing now