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Madmoney replied Jul 11, 2013There are many ways to trade the similarity CI, but I don't trade it like that, I trade in a certain sequence. Here's the post with some illustrations, also if you can find more of my posts with charts on, it will help.
The similarity system
- Madmoney replied Jul 11, 2013
All of it is relevant, you can't miss one piece of Eurusdd's golden nuggets.
The similarity system
- Madmoney replied Jul 11, 2013
I'm off, guys are probably tired of seeing my name popping up all the time. Peace
The similarity system
- Madmoney replied Jul 11, 2013
Haven't figured out a way to incorporate it into the method.
The similarity system
- Madmoney replied Jul 11, 2013
Yea sometimes I use bb stoch differences for my TP for longer trades or just to stack odds in my favour.
The similarity system
- Madmoney replied Jul 11, 2013
Loving the indicator, got some good ideas for it. Gonna be experimenting!
The similarity system
- Madmoney replied Jul 11, 2013
Here is my template guys, you might need to tweak the CI, if it looks abnormal on your charts. Plus the inidies.
The similarity system
- Madmoney replied Jul 11, 2013
Cenky, read my trading illustrations. It will give you a clearer idea of better entries. You'll see I enter on the first dis-similarity in the direction of the main trend.
The similarity system
- Madmoney replied Jul 11, 2013
The more you use it, the more you can develop you style (defence, TP, etc)
The similarity system
- Madmoney replied Jul 11, 2013
You need to refresh your chart, that's the Ci clearing itself/repainting.
The similarity system
- Madmoney replied Jul 11, 2013
If the normal CI on the is let's say '5', the CI on the 5M chart has to be five times that amount.
The similarity system