I am in London. We're on British summertime (BST) as well. So, GMT now is 9.52am, BST is 10.52am

Similarity: A Practical Approach

Thanks Josh, I'll take a deeper look and think about what you're saying. There's definitely something in it.

Similarity: A Practical Approach

When is Sydney open? Is that 2 hrs + from HK open? Perhaps someone can provide a matrix? I guess this is key of Time dictates the number of analysis units LOL.

Similarity: A Practical Approach

You're good Matt. It's actually great that you're doing it manually. If I had more time I would do it manually as well as you get the nuances that computers remove from the human perspective. Keep it up! EDIT: Here's a challenge: If you ...

Similarity: A Practical Approach

Not yet. Need a sample size of 5 trading days. I may make this 8 as I started last Wed. So I will give the full explanation next Sun/Monday. But I have mentioned that I use only the Similarity measurements provided by Eurusdd... nothing extra: no ...

Similarity: A Practical Approach

What does 8,3,3 actually mean...Besides the 8 periods?

Similarity: A Practical Approach

The difficulty here is "what is a Day"? On your charts, some of the LODs are not..low of the day, but Low of the London TF that you are watching.... not saying you're wrong but the definition of your timeframe will influence your triggers. Eg. 25th ...

Similarity: A Practical Approach

On the 1H... we have a ZZTOP. It's in the middle of the BB, so it's not valid. It's not resolved so we should expect a higher ZZTOP. (This is one of the main reasons I am calling for an UP DAY today - see other thread). Therefore by inference, all ...

Similarity: A Practical Approach

For the BBZZ method yes. The Bollinger Band is set to 24 periods. So the DS Time Unit is 300 and the Bollinger Time is 24 ie. Price is Price Stoch is 300 units of price (can someone mathematical or technical elaborate on this?) or setting of 300,1,1 ...

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Good morning guys, With the BBZZ "method", let's not try and analyse it to the point of optimisation. If you were to do that, you'd need the complete DS Framework which we don't. At best it is a method - a flawed but useful method of applying an ...

Similarity: A Practical Approach

Daily Forecast for 29 July UP DAY Open 1.32855 My earlier Sell Limits at 33XX remain.

The similarity system

Here's Xixi's new indicator on the 4H

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Is that an indicator drawing those arrows?

Similarity: A Practical Approach

+1 Done!

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Great question. I've had numerous traders say to me Top Down, ie. Month > Week > Day > 4H > 1H > 15M > 5M > 1M. That covers all bases I think. Even from a non-SM point of view, if you were a 1M scalper... wouldn't you want to know that the entire ...

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Let's expand this a bit more. WHAT IS PRICE? For MT4... price is a discrete value.... but actually.... on a charting software. "PRICE" is actually a co-ordinate. X/Y.... x is a nominal value against time. TIME then is your problem. Because Time is ...

Similarity: A Practical Approach

Someone told me this many many years ago. But he was a programmer / mathematician... funny how that is. I don't know how to implement this. The practical problem is that a charting software instantly defines the timeframe you are watching. The ...

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Great article VS!

The similarity system

Hello Joe and Fellow Similarity Students, Firstly thank you to Joe (jmn5611) for starting this discussion thread. I personally think that the separation of the threads is practically important so that (a) original authors can post their own thoughts ...

Similarity: A Practical Approach