{quote} hello renoa, i love the way you add the alien visual system with your own channel method to get almost 100 percent winning trade. do you mind if you upload yourchannel and templates and a little explanation on how you use the channel trend lines with the alien system. thank you
The Nihilist Ultra Trend v.2 does a good job of highlighting false moves and detecting small retracements.
I use a linear regression channel indi that automatically plots channels as price action changes. The RPeriod setting is supposed to be set at 30 but I found after playing around with it that it works better for me at 80. As it encompasses more of the price range and gives me a more reliable indication of where price will retrace and expand.
My moving averages range from ema 6 to ema 21 they are something I was playing around with and use them as more of a visual aid.
My last addition is the Quarters theory indi, price action tends to follow these lines religiously, especially the red whole number quarters and the lesser black lines. When price comes near one of these lines you start paying attention and watch master alien's system as it gives the required setup to enter in the right direction. This indi does not work on all currency time frames, the higher the tf is the better. It also has problems on some indexes.
The indi's were all free and I do not have the MQL4 files. They have helped me to become a better trader when utilized properly with the alien system.
Hopefully they may help you to.
