I think it gives encouragement to others and I'm personally glad that people post them ... and people can learn from the trades other people are posting and try and workout why ... each to there own I guess - no one approach will suit all so no ...

The similarity system

No problem, will add that to any future release.

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Attached is new version of indicator called Transient_Zones (it replaces the prior one I loaded called Fractal_Zones). It seems more appropriately named now as it’s been improved to identify not just the transient zones (TZs) at fractal highs/lows ...

The similarity system

Yes, I'm modifying it so it works real time plus calculates the interbar transient zones too. New version will be posted soon.

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Ok, thanks for that feedback. Maybe some error in the realtime 'live' logic. That's one problem with developing indicators on a weekend when the markets are closed you can't test it realtime. I'll pick it up tomorrow and make sure it copes when new ...

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Thanks for that clarification - that is VERY, very important and something I will change my indicator to mark on the recent developing zones.

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Yeah, I'll get the mid bar zones sorted but like I say will have to look at it tomorrow now. As for the arrrows, just select a colour that matches your chart background for the indicator buffer and they won't show for you

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Is your use if the word EXPECT important here? When you say EXPECT, does that mean you don't wait the h bars for the transient zone to be confirmed, you act as though it already is one even though subsequent bars with the next h bars may invalidate ...

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Actually that is a good point that transient zones don't have to be at swing hi/lo's - they can develop inter-bar and something my indicator won't pickup. I'll have to have a rethink how to capture those type of transient zones and code a ...

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Here's the promised indicator that draws the transient zones around fractals file It's pretty self explanatory. Not had chance to test it obviously when market is open but should be okay. May develop it further to identify recurrent zones too but ...

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It has got red arrows for down and yellow for up and you can change the color if you want.

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Draws the zones like this and is totally parameterized image

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I've just finished coding an indicator that automatically draws the yellow/red zones around fractals. I'll load up up for all to use very soon

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Ok, thanks EURUSDD .. understand what you are saying ... I assumed the lesson was related to Similarity System, but I get the distinction now

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Thanks for the reply vlady ... I understand what you are saying that sometimes you don't have to fully understand sometimes to benefit. But I do understand what Markovian states means. Markovoian means that bars are totally independent and they have ...

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No, read through it all again vlady ... he's pretty clear in a few places about each bar been Markovian and he wants us to think along those lines in our analysis. Just one example here...

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Interesting series of posts EURUSDD, thanks - it’s given me something to think about and still trying to work through it all and how this can be best converted into working out a probability to be used for making trading decisions, but .... Why do ...

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It’s a shame that EURUSDD has decide to abandon the thread (for now at least), he’s got an obvious talent but I would have liked for him to hang around to learn more insights from him. You can tell that EURUSDD gets frustrated with all the questions ...

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Just want to say fascinating stuff EURUSDD. I don’t fully understand what similarity is fully about yet (presently reading through the entire thread for the 2nd time to get a more complete understanding) but there is no denying you clearly ...

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Thanks for that - I didn't know. I'm subscribed to EURUSDD ... trying to workout how to make him a buddy. FF has so many features, hard to grasp them all !

The similarity system