My first try on this alien system after just reading 25 pages...
4hour chart of CADJPY
1hour chart of CADJPY
Am i doing it right?
4hour chart of CADJPY
1hour chart of CADJPY
Am i doing it right?
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DislikedMy first try on this alien system after just reading 25 pages... 4hour chart of CADJPY {image} 1hour chart of CADJPY {image} Am i doing it right?Ignored
Disliked{quote} Congrats, you correctly entered at B/O of trendline. We are now in wave 5 of major degree as already posted.Ignored
Disliked{quote} On your 4H chart you use the Delayed stoch for spotting divergence, you shouldn't do that. Use the RSIOMA and green stoch. If that green stochastic makes an actual top where it is now, I agree there is a bearish divergence. There is no BBSqueeze going on yet, and ADX's arent contracting yet. There is no setup here yet, although the lowering peaks in the ADX may indicate the end of the move. There is also a tiny upwards slingshot completing on the RSIOMA-DDS. On your H1 chart you DO have a BBSqueeze, ADX contracting (except longer ADX, might...Ignored
Disliked{quote} Hey jpad, this indicator is on the attachments of this thread?Ignored
Disliked{quote} Here they are, made by our friend Nihilist based on RSIOMA. You must copy the two files to have it run. Cheers. {file} {file}Ignored
Disliked{image} Hi folks, Need help to position my adx meter [ i guess] properly. As you can see in the post (window 2 at the far right) it displays incomplete. much appreciated your help. tqIgnored
DislikedUSD/JPY 5 M. - going with the trend. You see a BBS and a contraction of ADX, so you put two lines at the slopes of the BB and when the price break the upper line and Adx expansion begin you enter the trade. In this chart we see a X Cross trade just before the BBS and the move of ADX, then two DS trade to continue the trend. The exit, as for Alien's rule, is only when you see that the 89 and 144 ADX turning down. {image}Ignored
DislikedUSD/JPY 5 M. - going with the trend. You see a BBS and a contraction of ADX, so you put two lines at the slopes of the BB and when the price break the upper line and Adx expansion begin you enter the trade. In this chart we see a X Cross trade just before the BBS and the move of ADX, then two DS trade to continue the trend. The exit, as for Alien's rule, is only when you see the 89 and 144 ADX turning down. {image}Ignored
Disliked{quote} Great stuff as usual, did you take this trade and are you still in the trade?Ignored
DislikedUSD/JPY 5 M. - going with the trend. You see a BBS and a contraction of ADX, so you put two lines at the slopes of the BB and when the price break the upper line and Adx expansion begin you enter the trade. In this chart we see a X Cross trade just before the BBS and the move of ADX, then two DS trade to continue the trend. The exit, as for Alien's rule, is only when you see the 89 and 144 ADX turning down. {image}Ignored