Alien's Extraterrestrial Visual Systems

first trade succeeded.. got nice profit from gold pair .. screen is 4hr chart..

#nadiyapoker thanks u too

Hi Emonts,

I am using Trading view..

Can you share the high level logic of DDS? i could not find in the net search and not aware of equivalent indicator in Trading view?

OLD IS GOLD

awesome bro... congrats (Y)

I think you have it sir...........

Number 2...........

Hey Jpadvisor, how are things with you? Thanks for all your help through the years...

Master, I gained an edge with your old system and now doubling accounts, so little reluctant to make changes.
Always interested in your alien researches though.

Dear jp,

Could you explain how you identify the instruments and favourite approach applying the old system.. And what is the doubling period :-p

First thing is to identify what kind of trader you are. Then you choose only high probability trades (confluence between fundi and tech.) and set your daily, weekly or monthly goals. This is my little formula but all credits go to Alien Master.

I think this is an interesting question. All TFs happen at the same time, but higher TFs show a larger weight of accumulated price action and therefore momentum - like you look at your house from Google Maps from long distance then zoom in for close up. This is why we look for higher TF support when we enter on a lower TF.

Further thoughts from any Time Lords or Aliens are most welcome.

Hi,

I posted the code. So you can easy check.

BR

Great news...........old is gold..............stick with what works for you...!

I understand what you are talking about......

My original thoughts were about the smaller TF's creating the larger TF's

I start from top down, Month to Minute, I scan for the best trades in all TF's.

I might see the M1 , M5, M15 still falling, But the H1,H4, daily are near a bottom. I will place a long trade early ( I don't sit in front of the Computer all day ).
You better have the patience and margin to wait it out to turn back your direction.

So below the M1 , M5 , M15 are all cycling up and down, What did they make? They made the H1 swing long, therefore smaller TF's create the larger TF's.

The answer has always been there..........................

Second Pic shows just the H1 swing long. So in the first Pic did the H1 create the M1,M5, M15 swings?

I drew a Green line where the M5 started turning long , which started tuning the M15 back long, and the M15 turned the H1 long, and the H1 turned the H4 long and so on.

Hey mate,

Could you share your template and indis please?, I seem to be getting lost with all the downloads and yours look like what I used to have.

Many thanks in advance.

very easy to trade when market move nicely two trades taken last night both tp hit 70 pips done this morning

Hi Emonts!
I changed colors on 1.04 like every tf line have one dedicated color, so on mtf I better understand waves. But here comes a problem, smallest line, like m5 didnt refresh each 5 minutes, must do manualy.

No - but it was the H1/H4 that told you it was time to look for a long, and you measure this happening on smaller TFs first.

However we describe it, it seems to work

Some fundi outlook for the week.
"As news broke from Germany late Sunday evening, revealing that current chancellor Angela Merkel had failed in her attempts to forge a coalition alliance with the FDC party, the euro fell immediately once the FX markets opened. EUR/USD fell by circa 0.9%, reaching S3. As European markets opened the currency pair began to recover, whilst FX markets were absorbing the German news and playing out the various possibilities; with the general consensus being that the situation wasn’t as alarmist as many in the financial media were suggesting. At one point EUR/USD broke back up through the daily pivot point, registering a 0.2% rise. However, the optimism was short lived once Mrs Merkel stated that she’d rather have fresh federal elections than be in power as a minority government, looking for support from other policies on a “supply and confidence” basis; each time a critical vote is held she’d have to organise a compromise with an opposition party to pass the law. Whilst the euro fell sharply, European equity markets failed to react negatively during a quiet economic calendar news day, with Germany’s DAX closing up 0.50%. Other European news concerned the U.K. and Brexit, with Michel Barnier beginning to tighten the noose, demanding that the U.K. negotiators come up with: a final exit invoice offer, a solution to the Irish border question and the precise security current E.U. residents in the U.K. will experience after Brexit. The fact that these three factors are still not resolved, illustrates just how little progress Great Britain’s exit team have made, during the seventeen months since the Brexit referendum was held.
Despite these reaffirmed ultimatums from Barnier, sterling rose versus the majority of its peers during the day, investors may have been triangulating Merkel, Barnier and the U.K. and reaching the conclusion that the Brexit damage may now take longer to inflict on the U.K. economy. However, if Merkel does not remain as Germany’s chancellor then the situation could deteriorate, as she was in many ways a pragmatic supporter and allay of a soft Brexit and prepared to bend. GBP/USD rose circa 0.2% on the day, whilst EUR/GBP fell by approx. 0.7%. Having risen significantly during Friday’s trading sessions, Gold gave up the majority of the biggest gains seen in over two months on Monday and subsequently dropped by the largest value seen in two months, as a risk on mood returned to Wall Street, pushing up the value of the U.S. dollar and the key U.S. equity markets. Investor sentiment remained buoyant and investors reacted in a neutral manner, to the news that chair of the Fed Janet Yellen was resigning with immediate effect. With very little in the way of scheduled calendar news to generate momentum, combined with the U.S. Senate taking a break from discussing tax reform, equity prices were maintained. And with Thanksgiving celebrations arriving this Thursday, the overall mood of optimism in the USA should remain, given the lack of economic calendar releases due over the coming days."