Dude! You've done a really commendable thing here. Well done. I hope Eurusdd finds this and adds some sticky post at the start of the thread with this attachment.

The similarity system

it's meant to mark visually what the swing hi and swing low is. top/bottom the risk is that the indicator will repaint... so hence it top/bottom needs to be confirmed. The BB helps in this regard.

The similarity system

With that particular one, the ZZ Low was NOT outside the BB. So if you were still in the short, you would try and take profits when price re-traces over the BB Mid. You can see that the recent ZZ Top has a wick outside BB.

The similarity system

That's actually a good example of how the ZZ turns coincide with price being outside the BB.

The similarity system

I think it is healthy to do that. There's a difference discussing a new strategy and experimenting / applying its merits vs relying on something without having the basics of trading in the first place.

The similarity system

Yes. My exuberance with trying to apply this system caused me to break my own rules as I was getting excited over a ZZ swing. FAIL. From a non-similarity point of view, price just bounced off daily pivot, supported by yesterday's R2. Yesterday's ...

The similarity system

Here you go. Igindex is having issues with its data... some bars missing on the 15M.

The similarity system

Yes, hope so.... but, as always, never in a straight line .

The similarity system

Guys, no shorts yet until (for this system at least), that last piercing candle outside of ZZ Top. Currently price is bouncing off ZZ Mid. The 1H, supports the 15M in stating that the spike to 166 is a fake top, ie. more to come - because the 166 ...

The similarity system

Yes, I don't want to see it - as it has confused me before. I'd prefer not to have a zone that will attract a trade

The similarity system

LOL I was just reading that. To me this tells me that the zone above, on vspatrick's chart is NOT an alive zone to be taken out. Therefore the active zone is below price - which is what he was alluding to last night. BTW... price still outside Lower ...

The similarity system

I dont have your top zone. 15M tf still, original settings.

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This is what I think I've missed, and everyone else here.

The similarity system

I'm researching the instances on 15M where price goes out of the BB coinciding with a ZZ leg. This has just formed a bottom, so technically the current 15M direction is up. EDIT: I should note that since the BB has narrowed, the chance of an up ZZ ...

The similarity system

Morning! So similarity is back! Let's see what happens at London open. BTW, Bernanki speaks later... Hmmm...

The similarity system

LOL... that sir. Is a Vouch. Now take a look at this: My shorts today were running blind based on an unconfirmed ZZ. This makes more sense! Now maybe it's an indicator thing... but where Dissim starts, the ZigZag changes node. I was under the ...

The similarity system

Okay... that's gotten better on the 15M.... but what does 8 bollinger bands mean? It will look at the last 8 bars of 15M?

The similarity system

If i change to 5M timeframe but keep the 15M display and set the StochDiff to 900 keeping the BBar to 24, I get the following. The interesting thing about this: there is NO DIFF whilst price is consolidating upwards. If anything, it created a large ...

The similarity system

Just copied my MT4 onto my DropBox so I will see tomorrow whether I can run it at my Workstation. Fingers crossed.

The similarity system