It is an EA. My intention is to make it easier to build a trading system around the wormhole detection if desired.

Wormholes - stochastic mismatch system

See earlier post for an idea: "waiting for distance to be +50 or -50 then entering" Trade direction assumes market will return to the wormhole.

Wormholes - stochastic mismatch system

That is correct.

Wormholes - stochastic mismatch system

Looks good!

Wormholes - stochastic mismatch system

The trigger is whenever the stochastic values across the two timeframes being compared do not match. Sometimes you'll see a single mismatch, with similarity running for a long time. Other times you'll see tick after tick of mismatches until things ...

Wormholes - stochastic mismatch system

Oh yes you do too have insight, I say!

Wormholes - stochastic mismatch system

I hope to have time soon to gain insight such as yours from my own observations. It should be useful to compare notes when more have us have a deeper understanding.

Wormholes - stochastic mismatch system

Happy to share, hope it is found useful or at least interesting.

Wormholes - stochastic mismatch system

Blank means a dissimilarity has not been detected yet; it's been all similarity so far. The EA prints text that says, "No Mismatch Yet". EA draws a red horizontal line when a wormhole is seen.

Wormholes - stochastic mismatch system

It looks like you set yourself up to get a detailed look at what happens. It should be interesting to find out what you observe after you've been able to watch for a while.

Wormholes - stochastic mismatch system

OK so have fun watching the wormholes in relation to current market action and please share your observations.

Wormholes - stochastic mismatch system

I have very limited time to do EA development. Others can take my EAs and add features as desired; this is why I provide source code. But yes I'm sure it is possible to do what you are suggesting.

Wormholes - stochastic mismatch system

First post has a link to another post that shows a chart. Best thing is to run the EA on a chart and see for yourself.

Wormholes - stochastic mismatch system

This thread is NOT meant to give examples of "proper" trading techniques, money management, risk:reward, etc. I want it to be about the wormholes.

Wormholes - stochastic mismatch system

Blank means a dissimilarity has not been detected yet; it's been all similarity so far. The EA prints text that says, "No Mismatch Yet". And then when mismatches have been detected, the EA tells you how many points the current market action is above ...

Wormholes - stochastic mismatch system

RevealWormhole recently gave a buy signal that one could have taken to grab a few pips in a small amount of time. The chart shows the state of the market after the price rose from below the price mark (red line). The distortion level remains in ...

The similarity system

Here they are. My observation: 1min_5min generates a lot of noise. Maybe someone will figure out how to use that one to their advantage. file file file file

The similarity system

I coded RevealWormhole for 4 different timeframe pairs: 1 minute and 5 minutes 5 minute and 15 minutes 15 minutes and 30 minutes 30 minutes and 1 hour You can control the K period values with external settings. The defaults are not necessarily the ...

The similarity system

You can do this yourself with the tiniest amount of effort. Did you open the EA? At the top, it says, "Timeframes H1 and M30 will be compared unless the source code is changed." If you think it is a good idea to make the change, surely you think it ...

The similarity system