hi, yes you are correct, the values for k are in whatever units your price is. k

The similarity system

Very nice. Just an idea: You could perhaps do slightly better to avoid trading cointegrated pairs with a common currency. Buying audjpy and selling nzdjpy could be more elegantly executed with buying audnzd, in this way you don't have to pay the ...

Statistical Arbitrage Trading by EA

hi, isn't that number 70 pips and not 7? k

The similarity system

this will come on the great pumpkin thread. k

Similarity Stuff

LITE, I started coding something for your request, but did not finish yesterday... Will get back to it this evening. k

The Great Pumpkin

Hi, I do not aspire to teach trading to anybody (I am also learning every day). There are many resources on the net for this. Start with the moving average cross. The Bollinger Band image I was showing is a similar thing, but it gives you a bit more ...

The Great Pumpkin

This chart doesn't really require any indicators. It might be nice to have a ZigZag mimicking the behaviour of the renko chart... Hmmm.

The similarity system

Hi, this probability is (P(h_right)-P(X))/(100%-P(X)) for all the quantities calculated by the RecurrenceStatistic, including the clearance probability of fractal/end-of-bar zones. k

The similarity system

Yes, must have been looking at my screen while looking an old picture. Now it is corrected, thanks. Well, this is based on reality, the only difference is that the TP level is shifted by a couple of pips from the full clearance. k

The similarity system

1) you are correct, it should be 99.4197. it is an (obvious) typo. 2) within <k> means that the price has retraced to less than <k> from clearing the zone. 3) 20=100-80. 98% is the probability of the trade expecting a very narrow transient zone. ...

The similarity system

the logic is that the two numbers can be different. you can and should play with the default values. k

The similarity system

Thanks! k

The similarity system

It is already on the top left side. The corner is fixed because of restrictions of the mt4 comment function. again, people are invited to make modifications. that is why the code is there. cheers, k

The similarity system

The indicator looks at the past data. a) If the zone was cleared in the future (it became recurrent within specified h_right) the statistics is done in the probability to fully resolve ___ zone. b) if it was NOT cleared within the following h_right ...

The similarity system

No, the k statistics is done exclusively for fully transient zones (bars). There is a remark in the text about that. k

The similarity system

The Great Pumpkin is here since a while, and it is likely to stay. Cheers, k

The similarity system

Yes, now corrected and I uploaded the new version. Thanks, buddy! k

The similarity system

Hi LITE, just note that the statistics is based fully on the Close prices, not on the High and Low or their difference. I guess it would make more sense for your case if they would be done for High and Low difference somehow? The averages are in ...

The Great Pumpkin

Hi all, here is the version of the Recurrence Statistic that is lighter on the processor (the big calculation is done once every bar now, even this is an overkill). I have left the labels the same for continuity, even though the label of k is ...

The similarity system