Demo Longs (3 remaining): 50 pip SL in place [this really means 5 pips] LOL TP @ 1.3309 for all posn

Similarity: A Practical Approach

I would agree with this on Daily... ie. Don't use Daily. But the 4H is useful.

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But then, that would also mean DS is a Zone of prices. Or is it? What if we said, if uptrend DS Low is what we trade away from.... and if downtrend, DS High is what we trade away from?

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It implies that whoever gained advantage on the first bar, caused a reaction from the market such that some became sellers and some became buyers, but the point at which the market was in absolute agreement was the LOWEST PRICE of the move.

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We got new DS on 5M and 15M.. so now they're synchronised. So this unborn zone will definitely be Support. Dissimilarity ENDED on the 1H about four hours ago.... can anyone explain this then? DS ending in one TF triggers DS on the lower timeframes. ...

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Yeaah baby!

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I agree with you. But that choice is entirely up to Eurusdd. It's his thread, his topic. I certainly want to keep the thread alive, and I said that I would continue my daily projections until I had sufficient data.... so I'll do this until Wed and ...

The similarity system

Closed some longs on demo. The discussion on hedging and SL is interesting. On an account this large.... all the trades are without SL. If I have projected a higher timeframe direction, then the trade based on that will stay. But a lower timeframe ...

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It does correlate. If the ZZTop and Bottom that you've identified on the 5M, corresponds to say 15M and 1H and they are in phase ie. They are all ZZTops then the logical extension of that is SELL. Whether or not you enter on the next bar or at the ...

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I have both born on mine. Actually if I look closely, v1 appears first or is early. But yes, if v1 shows but not v2, the zone should be good when it appears.

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1H DS Zone born. Funny how price went down to the bottom of that range prior to being born so basically it can only be cleared from above. Does this imply that prices MUST go higher? 1.33X ?

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That's an interesting mystery mate. I've collated the following based on the the #1st thread. It outlines the definition of how the Stoch and Dissimilarity is defined in Ralome's indicators (v1 and v2). The settings are the only difference. In ...

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It is based on 4500 min in a chart. I don't know where this comes from. His optimal figure for calculation? 4500 = 300 x 15M 4500 = 900 x 5M Now obviously you can't have 4500 in a stoch for 1M.. so 1500 was chosen... but that means it's at a ...

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Yes it is. If this tool is 60% accurate, Would you be able to be profitable 100% of the 60%? That would be my goal.

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Careful. The stochastic and bollinger settings can be whatever you want. The settings of Ralome's indicator stay the same: v1 = 300/24 v2 = 300/6 v2 = unless someone can read the code of the indicator - the change by a factor of 4 to the bollinger ...

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Our problem here is that we don't have full information. That's it 100%. We have been provided a concept that Function A and Function B hopes to derive similarity almost all the time but sometimes doesn't. We can use whatever "indicator" we want as ...

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Fantastic reminder! Here's another one!

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Posted this on the Similarity Thread: Projection : 30 July 2013 UP DAY Open: 1.32618 Commentary: I have a price target 1.33337. I don't have a day target for this price. I have one zone one the 1H that is begging to be closed from below, top level ...

Similarity: A Practical Approach

Projection : 30 July 2013 UP DAY Open: 1.32618 Commentary: I have a price target 1.33337. I don't have a day target for this price. I have one zone one the 1H that is begging to be closed from below, top level price @ 3305. I also have another zone ...

The similarity system

Result: Unsuccessful. Close 1.32618

The similarity system