jmn - I like the visual colour approach of the RSI. How do you do that? or is there an indi for it?

Similarity: A Practical Approach

Inorbi - unless I've completely lost the plot (which is quite possible cos I'm realy tired) what you are referring to in your illustration is divergence.

The similarity system

Neieo what recovery system are you using - Nanning Bob ??

The similarity system

Absolutely - basically it's a fractal calculation so if it is to be true to the real definition it needs five candles to mark the high point which it can't know for sure until until 5th candle is completed.

The similarity system

Shiva - unless someone has done a new Semaphore indi then previous experience tells me that it recalculates/repaints like hell.

The similarity system

I'm an avid follower of this thread but I don't trade the system because there are too many imponderables and lot of unsolved mysteries. I think perhaps some have been seduced away from the basics of trading, for example, if you have a series of ...

The similarity system

Going back to what I said yesterday re S&D it's uncanny how many specific numbers the boss calls which are spot on with my S&D zones - 13162 this morning for example.

The similarity system

Everything you need to know is here in the thread.

Another simple system - Time-Frame 15

Like most here I won't crack the mystery but what I have seen are huge elements of supply and demand. Some of the zones I've seen are exactly where I would draw my S&D. Need to study further to see if it's a coincidence. As for predicting where ...

The similarity system

Well all the big boys use complex algorithms. I remember a BBC financial journalist was invited to a $billion hedge fund in Zurich and he watched such a computer system make $1 million in 20 minutes.

The similarity system

Ralome great stuff - all I need now is next weeks lottery numbers

The similarity system

Neio - yes great job on the templates. Will be really good when we have a final fully approved and working version so we can all sing from the same hymn sheet, although there will surely be some broker time differences that will mess things up a bit.

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Jer - obv is a standard indicator in mt4

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crottsinabox - one of the oldest sayings in trading - "price will take the path of least resistance".

The similarity system

Thanks Ralome for your fantastic continued work. What worries me is that I'm not showing any red zone at all and I have it at default setting.

The similarity system

Yes make sure you are using the correct settings - what is optimised for M15 probably won't work on M5. And remember that this has been designed and tested for EU not EJ although a good system should work on others.

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This is very interesting cos it contains a lot of facets that traders use - regression, divergence, supply and demand.

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Sheesh don't you just love people who don't read the thread.

123PatternsV6 revisited

How will this (if at all) be affected by gaps?

The similarity system

Ralome - that's a nice indi you made and thank you, but may I make a suggestion as the the dots are quite hard to see so near the bottom of the window. Would say a vertical line not be preferable - would help my poor eyesight.

The similarity system