yes it is

The similarity system

as you can see, price is moving to the newest green zone. as you can also see on the bottom on the diff indi, there is one dissim after the other... Maybe to produce significant zones, there should be a minimum dissim (e.g. 0.5 or 1) after a zone ...

The similarity system

Hi Carl, I understand, but how should I handle my trading, I only have my broker's feed, if my chart is showing a zone should I trade this zone? How do I know if it is a correct zone (where the big players created a dissim)? Thx and regards, Peter

The similarity system

many thanks for your help, I am sorry for asking such stupid questions do you mean, I should wait two weeks and after that time, if the zone has not been taken out, just forget the zone?

The similarity system

as you can see on my chart below, I have a new green zone and it looks like others do not have such a zone, how do I know, if "my zone" is correct (valid) or not?

The similarity system

ok..wish you a good trade

Supply and demand in a nutshell by Alfonso Moreno

great

The similarity system

Looks good, what do you mean with "Trade now at break even", on the chart it looks like your pending order has not been hit yet? Regards, Peter

Supply and demand in a nutshell by Alfonso Moreno

hmm... what settings do you use for the 5M chart?

The similarity system

a next level has been formed, see arrow... what do you think, will price take this level out first, or go down to the older one?

The similarity system

yes, I also have a older zone above, and I am trying to set up the indi for larger time frames as well to get the bigger picture...

The similarity system

Morning, this is my current status, looks like a new zone has been established...

The similarity system

I will do some experimenting on it , many thanks

The similarity system

I will do some experimenting on it , many thanks

The similarity system

many thanks MM, I read this, but I am not sure what I have to do exactly. maybe a examaple for the M5 TF: bb within main chart: 24 ? or do I have to change it to 8 stoch: 300/1/1 ? or do I have to change it to 100/1/1, or 900/1/1 bb within stoch ...

The similarity system

that's exactly the way my chart looks like with the two upper zones...

The similarity system

I am wondering, if someone could help for the right setup in different timeframes. If I want to watch the sim/dis-sim in different timeframes to find the bigger and smaller picture of my chessfield, how do I have to set-up the stoch, bb and the ...

The similarity system

maybe something for Ralome, do you think it make sence to implement a counter in the zone how long the zone still exist and when the time for this zone is over, so we could see it direct on the chart. Perhaps it is also possible that the zone will ...

The similarity system

many thanks Ralome, that is a very helpful explanation...

The similarity system

...ok and price needs to find similarity again, this are the marked zones?

The similarity system