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Alien's Extraterrestrial Visual Systems

  • #20,661
  • Jul 16, 2018 11:31am Jul 16, 2018 11:31am
Quoting forexalien
{quote} I fade the tops and bottoms of turns, you will have margin used to implement trades, Alien is aggressive, I will report back when these trades have turned. I currently have equity of $8500, that is only %15 below the opening balance with 7.5 full contracts in play. I can back out of any one of these pairs because this is in a basket format. Experience is an Aliens best friend..................I like to put all of my money at work at one time, 8 years of practice will allow you to learn that.
Awesome master. I have been profitable eversince guided by u. Appreciate it.
  • #20,662
  • Jul 16, 2018 2:04pm Jul 16, 2018 2:04pm
Quoting valentroisss
{quote} Awesome master. I have been profitable eversince guided by u. Appreciate it.
Seat time with only one system is the fastest way to get better.

After that, you can test one item at a time and make small tweaks to see if there is an improvement, but don't jump around too much.
Attached Image
The More You Learn, The More You Earn.....
  • #20,663
  • Jul 16, 2018 2:15pm Jul 16, 2018 2:15pm
Quoting tomvientasmo
{quote} dear Alien! Impressiv your results ! You know a way to set up Indicators more or les the same like in your system in the mobile mt4? I know you can’t set up custom indicators in the mobile mt4-version. But perhaps it is possibly to put indicators on indicators and you know wich can mimic your system? many thanks Karl
You can set up most of Alien's first system on MT4 mobile - ADX and stochastics are on MT4 mobile & search the thread for how to put RSIOMA on MT4 mobile.

DDS indicator though is not available on MT4 mobile which Alien uses now for his 2nd system. Some people keep it running on home PC and use Team viewer from mobile phone to read charts on mobile. Or use VPS.
  • #20,664
  • Jul 16, 2018 4:55pm Jul 16, 2018 4:55pm
Quoting forexalien
{quote} Hello Ingob, Everything in the thread is for your learning journey, I would not miss any of it. Forex requires learning and lots of practice. Do you have the time? This is Forex Trading > https://www.youtube.com/watch?v=qWE-trjudGo

Nice Alien, this is a very motivational video.. fall, shake the dust, reset your mind, try again, until you doesn't fall anymore.

Learning how to fall also helps to not get hurt too much hehe.
  • #20,665
  • Edited 10:27pm Jul 16, 2018 9:16pm | Edited 10:27pm
Quoting Zimbinga
{quote} You can set up most of Alien's first system on MT4 mobile - ADX and stochastics are on MT4 mobile & search the thread for how to put RSIOMA on MT4 mobile. DDS indicator though is not available on MT4 mobile which Alien uses now for his 2nd system. Some people keep it running on home PC and use Team viewer from mobile phone to read charts on mobile. Or use VPS.
For alien mobile mt4:
RSIOMA 21,14: do 21 MA (hide the value by style with same color as bg), then apply rsi 14 to first or previous indicator, for signal do 21 ma of the rsi (previous data).
DDS 8,13,9: basically this is equivalent to stoch 21,10,10. Personally, I still choose stoch 21,10,10 over dds since you can see divergence and the turn way better and easier. DDS is smoother looking though

The rest (3 stoches and adx) just layer them with the correct settings.
  • #20,666
  • Jul 16, 2018 10:48pm Jul 16, 2018 10:48pm
Quoting forexalien
{quote} Take standard stochastics, you will have to switch TFs often, but look for many of the TF's to top or bottom at the same time and take a chance and enter there until proven wrong. when the H4 is topping and H1 and M15, enter short and wait a few days for $$$$ {image}
thanks Alien
  • #20,667
  • Jul 16, 2018 10:52pm Jul 16, 2018 10:52pm
Quoting Zimbinga
{quote} You can set up most of Alien's first system on MT4 mobile - ADX and stochastics are on MT4 mobile & search the thread for how to put RSIOMA on MT4 mobile. DDS indicator though is not available on MT4 mobile which Alien uses now for his 2nd system. Some people keep it running on home PC and use Team viewer from mobile phone to read charts on mobile. Or use VPS.
Zimbinga,
Thanks for the tips !!
  • #20,668
  • Jul 16, 2018 10:56pm Jul 16, 2018 10:56pm
Quoting sdao85
{quote} For alien mobile mt4: RSIOMA 21,14: do 21 MA (hide the value by style with same color as bg), then apply rsi 14 to first or previous indicator, for signal do 21 ma of the rsi (previous data). DDS 8,13,9: basically this is equivalent to stoch 21,10,10. Personally, I still choose stoch 21,10,10 over dds since you can see divergence and the turn way better and easier. DDS is smoother looking though The rest (3 stoches and adx) just layer them with the correct settings.
Dear Sdao85!
awesome instructions ... thanks !!
  • #20,669
  • Jul 16, 2018 11:22pm Jul 16, 2018 11:22pm
hi is it possible trade h1 ,h4, and daily using this method please... because i tried on low time fram but its gave me more headache and strees i dont like sitting in front pc all the the day long also i want to ask if i see good setup in h1, should i swith to the 1m or 5 m to get trade? or is it okey on same window?
please help me
  • #20,670
  • Jul 17, 2018 7:34am Jul 17, 2018 7:34am
Quoting Ivanof
{quote} LOL.... you mean -21.14% in 4 days... or maybe in Alien world everything is upside down ...
One day later update...............I am up another $1000, I am at 50% margin, I would normally run at 20% of margin on a 50:1 account, but this one is a 200:1 account. I am maintaining a floating margin of 50% of the original deposit and have a total profit for 5 days of $4000.00.
Once I break the profit past the negitive floating profit, I have nothing to lose and will keep moving forward with this account.
Remember I have almost 50% of my margin left, so the floating profit is not a big deal.
And I can always dump $500 of margin if need be, and then move forward again.
I will always back out to prevent a margin call at all cost.
Let's continue the experiment and see what happens.......................
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The More You Learn, The More You Earn.....
  • #20,671
  • Jul 17, 2018 7:41am Jul 17, 2018 7:41am
Quoting manjulabw
hi is it possible trade h1 ,h4, and daily using this method please... because i tried on low time fram but its gave me more headache and strees i dont like sitting in front pc all the the day long also i want to ask if i see good setup in h1, should i swith to the 1m or 5 m to get trade? or is it okey on same window? please help me
These are the TF's Alien trades, Week for direction reference, Day, H4 and look for H1 as an entry.
The More You Learn, The More You Earn.....
  • #20,672
  • Jul 17, 2018 8:00am Jul 17, 2018 8:00am
@forexalien
how is it possible when you use d/4h charts to have such a low loss. daily swings are 100-150 points? sometimes, like today UK/brexit news, 100 points or more. to me it's the news i don't know of, which gives me a big loss. i still don't know which sl to have for each pair. each pair has a different wave
  • #20,673
  • Jul 17, 2018 10:00am Jul 17, 2018 10:00am
Quoting 19lexicon78
@forexalien how is it possible when you use d/4h charts to have such a low loss. daily swings are 100-150 points? sometimes, like today UK/brexit news, 100 points or more. to me it's the news i don't know of, which gives me a big loss. i still don't know which sl to have for each pair. each pair has a different wave
I trade compressions.
I fade the compressions.
and then the waterfalls come..............
Humans are not patient enough, you must wait for the drops or climbs.
Humans don't retain information without practice, practice, practice.
The More You Learn, The More You Earn.....
  • #20,674
  • Jul 17, 2018 10:35am Jul 17, 2018 10:35am
Quoting forexalien
{quote} I trade compressions. I fade the compressions. and then the waterfalls come.............. Humans are not patient enough, you must wait for the drops or climbs. Humans don't retain information without practice, practice, practice.
Master, you see how useful is the AA-ADX-compression indi like in here.
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Per aspera ad astra
  • #20,675
  • Edited Jul 18, 2018 5:00am Jul 17, 2018 11:03am | Edited Jul 18, 2018 5:00am
@forexalien
when you trade 4h/d, often there is news which you don't know of. the momentum indicators give a buy or sell signal and perhaps for an hour it will go well, but in a fraction of a second everything reverses and your at a huge loss. besides, you also have the normal waves/counterwaves in a day.
so, where do you place your stop-loss for each pair?
tis is my demo,last 2 months. when i lose, i lose big. i still dont know, where to place sl
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  • #20,676
  • Edited 7:46pm Jul 17, 2018 6:01pm | Edited 7:46pm
Quoting forexalien
{quote} I trade compressions. I fade the compressions. and then the waterfalls come.............. Humans are not patient enough, you must wait for the drops or climbs. Humans don't retain information without practice, practice, practice.
Master, when you say fade the compressions and the waterfalls come.

Do you mean you have checked the direction of the trend on the weekly. The daily and hourly have finally started to cycle waves in the same direction for another move in the Weekly direction and you watch the ADX compression form on the hourly while setting up a string of buy or sell stops which catch the expansion of the ADX and price action? Thus the waterfalls!
  • #20,677
  • Jul 18, 2018 4:00am Jul 18, 2018 4:00am
Another interesting long setup seems to be forming on audcad
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  • #20,678
  • Jul 18, 2018 4:04am Jul 18, 2018 4:04am
audnzd sell setup forming?
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  • #20,679
  • Jul 18, 2018 4:11am Jul 18, 2018 4:11am
eurgbp sell setup slowly forming?
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  • #20,680
  • Jul 18, 2018 6:32am Jul 18, 2018 6:32am
Quoting jpadvisor
{quote} Master, you see how useful is the AA-ADX-compression indi like in here. {image}
Compressions are the best, thanks for sharing.............
The More You Learn, The More You Earn.....
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