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The similarity system

  • #12,161
  • Nov 12, 2014 10:19pm Nov 12, 2014 10:19pm
Attached Image


I don't know about some of the others but for me I found the call pretty easy to take. The picture says that for that 270min price will close above 1.2440 with 98%. In other words, for that period price will stay above 1.2440 mostly (1). Now it also says price has only 15% of reaching 1.2520...so putting a TP there would be rather silly since there is only a 15% of that happening (2). So.....pick a target from the other values that have a good probability duh ! 1.2470 looks good with 87% (3). That's like what 30 pips no? I only got 10 though cause I had to leave but hey you could have easily gotten it during that 270min window.

EDIT : THE PIC IS NOT VALID ANYMORE. IT WAS FOR LAST NIGHT. THIS POST IS TO ILLUSTARTE ONE WAY OF READING IT
I want more brain power!
  • #12,162
  • Nov 12, 2014 10:26pm Nov 12, 2014 10:26pm
Quoting Eurusdd
{image}
this is I believe the truth of the situation. Regards Orid peter
  • #12,163
  • Nov 12, 2014 10:26pm Nov 12, 2014 10:26pm
Quoting PiratePip
{quote} i believe that kind of manipulation only happens in penny stocks. Forex market is WAY to big for anything like that.
Perhaps...but then again even a paranoid can be followed.
candy is dandy but liquor is quicker
  • #12,164
  • Nov 12, 2014 11:02pm Nov 12, 2014 11:02pm
Quoting cfdtaleong
{image} I don't know about some of the others but for me I found the call pretty easy to take. The picture says that for that 270min price will close above 1.2440 with 98%. In other words, for that period price will stay above 1.2440 mostly (1). Now it also says price has only 15% of reaching 1.2520...so putting a TP there would be rather silly since there is only a 15% of that happening (2). So.....pick a target from the other values that have a good probability duh ! 1.2470 looks good with 87% (3). That's like what 30 pips no? I only got 10 though...

I'm with you cfd...I entered twice at different numbers and made 50+ pips. Obviously didn't hold to the end. Take your profits while you can.
  • #12,165
  • Nov 12, 2014 11:26pm Nov 12, 2014 11:26pm
Quoting spyderman
{quote} I'm with you cfd...I entered twice at different numbers and made 50+ pips. Obviously didn't hold to the end. Take your profits while you can.
I want more brain power!
  • #12,166
  • Nov 12, 2014 11:35pm Nov 12, 2014 11:35pm
To all NinjaTrader users,

I've noticed that V2 of my TZPriceAnalysis indicator (posted earlier this week) has a small problem. The problem is that the "NinjaScript generated code" section at the bottom is missing. This doesn't prevent you from using the indicator on a chart, but if you are a coder it would prevent you from accessing it from another indicator or strategy. Therefore, I've fixed the problem and created V3 which is posted below. It's the same as V2 apart from that problem.
Attached File(s)
File Type: zip TZPriceAnalysis_V3.zip   4 KB | 773 downloads

Because of this setback, V2 of my other indicator (TZBarAnalysis) won't be available until next week sorry.

For NinjaScript coders:
It took me some time to pinpoint the cause of the problem so I'll mention here just in case it's useful to someone. The problem was that the Decsription attribute of the namespace contained concatenated strings and escaped characters such as \" (double quote). I did this to make the Description (indicator label) easier to read in the GUI and in the code. However, it seems that there is a long-standing bug in NT that prevents the "NinjaScript generated code" from being regenerated if the Description is not continuous text. Maybe they'll fix this problem in NT8? I don't know. Strangely, it seems that the newline escape sequence (\n) is allowed, so I've left those in to help readability in the GUI at least.
You reap what you sow.
  • #12,167
  • Nov 12, 2014 11:47pm Nov 12, 2014 11:47pm
“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” – Nikola Tesla

Saw this about 3 hours before EURUSDD told us we would be seeing TZ waves in January. Just saw it again and had to share it.
  • #12,168
  • Nov 13, 2014 12:07am Nov 13, 2014 12:07am
Quoting PiratePip
{quote} i believe that kind of manipulation only happens in penny stocks. Forex market is WAY to big for anything like that.
http://www.cnbc.com/id/102169791#.
  • #12,169
  • Nov 13, 2014 12:15am Nov 13, 2014 12:15am
Quoting LvCa
{quote} http://www.cnbc.com/id/102169791#.
Yes, that is why the markets are not random. They are controlled. That fine is peanuts for them. The market is trillions of dollars traded every day.
  • #12,170
  • Nov 13, 2014 12:46am Nov 13, 2014 12:46am
Quoting DavidRP
{quote} mmm so the call was correct? 98% the price was supposed to close above 1.2440, after 270 min since his post. It closed below when that time elapsed. It was wrong, no problem, everybody can fail.
Hi David, not going to pile on here, but there are several theorems in this thread. Transient zones can probably be promoted to axiom. If price fails to clear a zone, that is a statistical rare event. That is what we are working off of, so if the zone did not clear when you traded towards the zone, then it becomes clear to trade away from the zone. How a trader does this is up to them. As a multi level trader I use this idea to tell me when to cut losers. 98% is still a guarantee, but if the zone does not clear, it is strong indication of what to do next.

This is a conceptual thread, and it is a damned good one. Take it from a true skeptic of everything.

Since you're a stats guy, maybe you can contribute?
If you are good at something, never do it for free--Joker
  • #12,171
  • Nov 13, 2014 1:05am Nov 13, 2014 1:05am
As one of the many ways to show the principle of similarity, we have a dissimilar bar here. Prices have an 81% probability of clearing this zone within a week once it moves away, one way or the other. If it doesn't clear, that's important. That all depends on where price is where time runs out. Some of this will sound very familiar to some of you.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH4.png Size: 61 KB
If you are good at something, never do it for free--Joker
  • #12,172
  • Nov 13, 2014 1:16am Nov 13, 2014 1:16am
It seems to me that I have been misunderstood, when I said 'not that good of a trader' I meant that there was this perception that every call put forward by EURUSDD was going to be a winner - was just pointing out that wasn't true, that he was a mortal after all. Anyways, you guys are doing an awesome job and making the most of your mathematical knowledge - your system is bit advanced for me and I'm just gonna stick with my own simple understanding of trading. Wish you all the best of luck.
  • #12,173
  • Nov 13, 2014 1:52am Nov 13, 2014 1:52am
Xixi, can i ask you to make a little modification on your indicator.

Can we keep all boxes that he draws instead of deleting some of them. I know it will probably clutter my screen, but for me this modification is essential.

Thanks !
  • #12,174
  • Nov 13, 2014 2:02am Nov 13, 2014 2:02am
Quoting jmn5611
{quote} Hi David, not going to pile on here, but there are several theorems in this thread. Transient zones can probably be promoted to axiom. If price fails to clear a zone, that is a statistical rare event. That is what we are working off of, so if the zone did not clear when you traded towards the zone, then it becomes clear to trade away from the zone. How a trader does this is up to them. As a multi level trader I use this idea to tell me when to cut losers. 98% is still a guarantee, but if the zone does not clear, it is strong indication of...

Yep I can contribute, I have posted some results, but what I dont know is where the 98% come from, but I can't test that if EurUsdd doesn't explain it.

I use my own stats and as I said yesterday is very very rare to have the EURUSD daily range settled before US open. US market makers like making new daily lows/highs.
  • #12,175
  • Nov 13, 2014 2:04am Nov 13, 2014 2:04am
Quoting crashout
Xixi, can i ask you to make a little modification on your indicator. Can we keep all boxes that he draws instead of deleting some of them. I know it will probably clutter my screen, but for me this modification is essential. Thanks !
Hi crashout,
I remember Sciurus has already developed such indicator.
Look at thread's attachments, you will see it.
  • #12,176
  • Nov 13, 2014 2:12am Nov 13, 2014 2:12am
Quoting blueface
{quote} Hi xixi if we can change the text color,I want to change to black.. I mean the text..
here you are
added option: stats_color
Attached File(s)
File Type: mq4 xixi_tz_1_9.mq4   21 KB | 1,136 downloads
  • #12,177
  • Nov 13, 2014 2:39am Nov 13, 2014 2:39am
Quoting xixi
{quote} here you are added option: stats_color {file}
XiXi thanks for your effort can you make the indicator to draw rectangle (dotted line ) including the high or the low of the previous h as appear in Kiads and draw center line
I appreciate your effort in helping other
  • #12,178
  • Nov 13, 2014 3:03am Nov 13, 2014 3:03am
Quoting cfdtaleong
{image} I don't know about some of the others but for me I found the call pretty easy to take. The picture says that for that 270min price will close above 1.2440 with 98%. In other words, for that period price will stay above 1.2440 mostly (1). Now it also says price has only 15% of reaching 1.2520...so putting a TP there would be rather silly since there is only a 15% of that happening (2). So.....pick a target from the other values that have a good probability duh ! 1.2470 looks good with 87% (3). That's like what 30 pips no? I only got 10 though...
That is another way to see it too. The think is for "closing prices". so for the period of 270 mins, eurusd was expected to close above 1.24400 98% of the time. At the end of the period, the probability is still 98% but then that means that there is still a 2% chance it may end lower at the end!
  • #12,179
  • Nov 13, 2014 3:07am Nov 13, 2014 3:07am
See Chart. I seekers. I look stochastic difference.

I would first Templar Eurusdd parameters. I can not open the file. 3d exceptional. I study but it is difficult.

Geros
Annulla modifiche
See Chart. I seekers. I look stochastic difference.

I would first Templar Eurusdd parameters. I can not open the file. 3d exceptional. I study but it is difficult.
Annulla modifiche
  • #12,180
  • Nov 13, 2014 3:10am Nov 13, 2014 3:10am
Quoting xixi
{quote} here you are added option: stats_color {file}
awesome,my friend
thx again.
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