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Eurusdd replied Jul 13, 2013price is aware of where all the dis-similarity points/zones are and JUST LIKE a river meandering image its way from the source to sea, price will correct each dis-similarity depending on how close each one is and the ease of correction. Therefore, ...
The similarity system
- Eurusdd replied Jul 12, 2013
Gee, I thought I ended the day. What is happening here?
Experts are hiding ooh.The similarity system
- Eurusdd replied Jul 12, 2013
Hello, my week has ended. EURUSD is teasing for the moment and if they do not complete the job today, they will continue next week. Watch for tops and don't chase price up there. Enjoy your weekend!!!
The similarity system
- Eurusdd replied Jul 12, 2013
Try different settings in order to get stability. If LENGTH is giving you problem, then use PRICEACTIONFILTER. However, this will not give you tops/bottoms. It is related to price crossing an MA.
The similarity system
- Eurusdd replied Jul 12, 2013
The NODES are provided by REVOLUTION. Incredibly accurate. I have never looked at news releases before because we know where the nodes are, most of them!!
The similarity system
- Eurusdd replied Jul 12, 2013
DON'T DOUBT!! It is the next NODE and they will try to take it there today. If they can't it does not means the NODE is not valid anymore. Did you read my post about how this thing works???
The similarity system
- Eurusdd replied Jul 12, 2013
I am not sure you want to change the default settings every week, month or year. You want a setting that will still be stable ten years into the future. The one I gave is the best we could get - given the information we have!!! Other settings will ...
The similarity system
- Eurusdd replied Jul 12, 2013
lET US SUPPOSE YOU CHOSE 10 AS PERIOD. So the value of stoch depends on the past 10 bars, including the current one. Bar number 10 is the one that is going to leave the period-range when the current bar closes. If the high/low over the 10-period is ...
The similarity system
- Eurusdd replied Jul 12, 2013
in order to reduce the cases when stoch "leads price". But the more you increase the period, the more you will lose uniformity over DAYS, MONTHS, AND YEARS. So, 300 is optimal for 15min EURUSD.
The similarity system
- Eurusdd replied Jul 12, 2013
stoch leading price sometimes contributed to the error term in the analysis. However, if the period is very large, ie >= 300, then the probablity that stoch will lead price at any given time is less than 5%.
The similarity system
- Eurusdd replied Jul 12, 2013
Not always the case - if you really understand the CODE. It depends also on the period you chose and the candle that is just about to leave the period range. Stoch depends on price-action but it does not have to follow price all the time! This is ...
The similarity system
- Eurusdd replied Jul 12, 2013
Like I said before - You can used any indicator you want. jUST APPLY THE SIMILARITY CONCEPT, the way you want!!! Good job.
The similarity system
- Eurusdd replied Jul 12, 2013
You are the BOSS!!!! I think the general strategy should be , SELL tops!!!
The similarity system