I did watch it for a while and couldn't figure it out by itself. There could be long periods of mismatch as well as periods of just a few ticks. One didn't seem to be more significant than the other. However, keep in mind I was looking for very ...

The similarity system

Sorry, I wasn't clear - I didn't find any significance with regard to how long before return, how far before return, or whether a return after X points/Y time was sufficient to call the condition satisfied.

The similarity system

I did the same a few weeks back and didn't find any significance at the time - now I have my indicator similarity EA running, and what do you know... but the difficulty with just stoch mismatch is that it doesn't give direction or strength. I bet ...

The similarity system

Perhaps, but even if so, what will be the magnitude of the bar, and what part of it will be transient? This is why I started looking at range and renko bars when I first saw the concept. I was hung up on EURUSDD saying NOT to use the TZ's as S/R - ...

The similarity system

See K's post above. The market isn't truly Markovian, so be careful trying to make it so - your theory will work most of the time, until it doesn't, in a very big way.

The similarity system

So... let's figure out TZ-Waves on our own so EURUSDD can be proud of us - should keep spirit of thread alive! Time to zoom out and start counting TZ's again-

The similarity system

Don't go down the path... nibbling crumbs and then trying to limit losses when the wolf steals half your loaf is tough. I'll take R:R over W:L any day. Even if max W:L is done right, solving instead for a reasonable R:R is less stress, and same ...

The similarity system

Thanks for that - your most specific call yet. I looked at your trades for a while as well, and was also puzzled by the USDMXN trade. I did notice that on that trade, and some others, your TP happened to be the midpoint between the recent H/L, but I ...

The similarity system

Different signals will be given by the different buffers (indexed through each call of iCustom) in the case of CI. If I remember correctly, each buffer was either -1,0,or 1, denoting down, no signal, or up for major or minor. The only double was ...

The similarity system

Use the iCustom function... the CI indicator is essentially a TZ indicator or fractal indicator plus a momentum aspect, depending on the settings. I can save you the time from coding it straight, though - no settings are profitable on their own - ...

The similarity system

I use different sized data sets. The smallest set of data from now back X fits my intended trade window, and is filtered for best result - essentially the Markov assumption, courtesy of EURUSDD. Results for longest set of data should yield roughly ...

The similarity system

The main trend is whatever you want it to be - random numbers here... you can test a main trend of 7 mins 36 secs and a counter trend of 43 secs. If a 43 sec divergence has statistical validity against 00:07:36, you have a basis to begin. You can do ...

The similarity system

It's all valid - tick, 43 ticks, 32 secs, low/high, close/close, exponential, simple, etc. Across indicators as well... As long as you are trading with the main trend after some divergence, the probability will be with you. W:L and R:R, in general, ...

The similarity system

You need an EA to build a nice cushion before quitting your day job... especially since you are a fan of trading objectively.

The similarity system

Since we're sharing: Indicator Similarity EA I wrote gave 624 pts yesterday and 481 pts today running EU, GU, NU, AU, UJ, GJ, AJ, EJ. Today W:L is 683:371 so far. The basis for the EA was the idea of the Stoch/BB and CI similarity from the beginning ...

The similarity system

Thanks K - I'll get on this shortly. Tweaking an EA based on indicator similarity now - works great, but if the above pans out, even if only for n{2,3} it would be like trading a tick chart with the answer key...

The similarity system

Well, I don't want the trick spelled out, even if I never get it. So, please don't feel that I am looking for a specific answer. I am happy to do the work and find my own stats, just want to be looking at it in the same way first. I see a recurrent ...

The similarity system

I made the observation a few pages back that each h or tf must be satisfied independently, since what would show as recurrent on M1 may show as transient on M15. So, taking it a step further, are you suggesting that probability at any given time is ...

The similarity system

Statistically significant relationship between some confirmed recurrent H and behavior of some smaller H?

The similarity system

All I see is standard manual S/R trading - nothing wrong with it, but also nothing to do with the TZ trick I'm trying to grasp. The area being traded in the chart is already confirmed recurrent. The stats no longer apply to this range since the ...

The similarity system