The 9% chance of TZ is when it was being compared to all the number of bars which it looked at. It wasn't comparing it to the number of Recurrent zones. I think this is what most may not have gotten (or what I don't get). For a zone to be recurrent, ...

The similarity system

Hi FX-Jay, Do you have stats for the hit rate when K=0 for the above? I'm getting about 85% for K=0 and H=10 in GU Daily. About 15% of the time, the price didn't come back to the zone.

The similarity system

70pip drawdown it looks like . Maybe it will revisit the original level where there was an imbalance.

Counter-trend trading

What broker(s) do you suggest, other than going straight to liquidity for those of us who cannot afford that?

Broker reverses $20K winning trades for alleged latency arbitrage

Sorry to hear of this. It is really terrible. I haven't had the time to read through all the posts. This is what I suggest. Maybe there were others on this thread who experienced similar issues. Get them ALL TOGETHER, and file a class action lawsuit ...

Broker reverses $20K winning trades for alleged latency arbitrage

Hi Jay, I know you got you got your own thing, which is great. I have 3 variations of H/K that I'm testing now. BUT to be clear, clear for other readers. This trade that you marked is not what EURUSDD is talking about... I don't want to give out too ...

The similarity system

I just edited this post.. Not to mislead anybody. EDIT: By the way, this is not what EURUSDD said. I just figured this out last night. I will update later with what EURUSDD instructed us to do. But with this, you can still get good probability. I ...

Transient Zones - Basics

Spot on!

Transient Zones - Basics

Yup, there are many ways to approach this. I'm doing it in a very different way from what I posted hehe

Transient Zones - Basics

No, it has to be taken as soon as the zone above the k gets developed. This is pretty much like trading on the same bar. The trade should typically end at the close of the bar if you get your H and K right most of the time. But it can end within H ...

Transient Zones - Basics

For those of who may still have trouble understanding how H and K play into this... take a look. Please note that I just did this as an example. Choose better H values and K values and you should be able to get 90%+ There are also other ...

Transient Zones - Basics

I will just reply with this again: EURUSDD: "Now if you get the h right for a given time frame and at the current price p, the previous bars never hit p, then probability is on your side for a hit within the next h bars because the probability that ...

The similarity system

Let me try to answer your question with another question. For the price at current bar at this moment to be recurrent or transient, doesn't matter, what conditional shall H bars ago must satisfy? When you answer that question correctly, you will ...

The similarity system

I'm not going to argue or have a discussion of what theory is wrong or right. I maybe have my own theory that works according to stochastic probability theory. It actually seemed its the general populous of this thread that may not have understood ...

The similarity system

Yea, the indicator is fine in that sense. I just drew that as an example to show you a non-recurrent zone and its not a transient zone. Because you asked me to show you how non-transient zones may not be recurrent zones. So its the probabilities ...

The similarity system

Just finished it last night. I'm making improvements to it now Testing already began. I placed 16 trades last night and today. All hit except for one. One I'm still waiting on one. I'm ready to hedge once the time gets close to the expiration. ...

The similarity system

Sure, let me show you. All I'm saying is that people shouldn't take Confirmed Transient Bars: 122 of 10000 (1.22%) as if 98.78% of the bars are Recurring bars. Maybe everybody knows this already but it wasn't clear to me from the text I read so I ...

The similarity system

So for each currency and time frame, its showing how many pips away the nearest level is and the probability of it being hit based on TZ/RZ theory. As you can see, just like EURUSDD said, there are very high probable multiple levels in every ...

The similarity system

I must say, TZs looks really good. I must thank EURUSDD again And thanks to all of those who summarized this concept really well. Special thanks to Rahimseven for an excellent PDF This is the way to trade TZs image One thing I would ...

The similarity system

Very cool! Is the arrow indicator based on TZs or values? Looking good Ullen!!

Counter-trend trading