Dislikedi see some good in this system, but hard for me to understand.Ignored
Alien's Extraterrestrial Visual Systems
- #22,511
- Mar 16, 2021 4:05am Mar 16, 2021 4:05am
{quote} carefull... you are trading against a bottom probably.... adx already expanded ... 89 and 144 adx are topping and about to start contracting indicating that wave down is resuming.... so some price consolidation range maybe in order------ {image}
Thanks Gonzaga, I realised later and closed the trade with 20 pips in profit.
I had a question if you could help me please.
Let me just take EURAUD just as an example.
In H1 everything is pointing for a long.
M30 and M15 as well but the DS could be setting up for a retracement and a DS separation with the RSIOMA.
So would you still take the trade or would you wait?
Hope I am making myself clear. Id really appreciate your help.
- #22,512
- Mar 16, 2021 4:18am Mar 16, 2021 4:18am
{quote} i understand you perfectly buh what im trying to say is, i need some explanation on the ma's , adx , rsioma and drake delay stochs, on how to use the,m based on the aliens system. {image}
sooooo the emas---- they are pretty visual intuitive---------- if price above 50 ema the trend is up if price below 50 ema trend is down.... 9 ema shows more instant price reaction towards fast average---- when 9 ema crosses 50 ema in consistent way usually means change of trend---------
adx we use to look for compressions and expansions----- these were explained already many times..... so compression is when the adxs are going down and not turned on---- so they are falling consolidating preparing for the expansion----------- expansion is when the adxs turn on starting from the bottom lower of the window and expanding til the top of the window completing the expansion----when 144 and 89 start topping on the window and turn off means the expansion is about to resume that price wave illustrated by the adx expansion is about to resume------
the 3 rsioma is for you to identify tops and bottoms and also to see when price is ready to move------ along with dds-- and also to spot divergences
this has been far more explained through out the whole thread so i find it more useful to explain when i have an example so its easier to understand-------in all my trades i explained how i interpreted the rsiomas along with dds it should help -------
bbs starts squeezing when price enters consolidation usually signaling price is consolidating for filling orders for next move breakout--------- theses are the opportunities we look for to trade--------- to catch a big wave so you can surf it like a true alien trader knowing that you need to develop the skill of emotion control and being aware of all psychology behind the mkt
round number half numbers---- psychological areas where price reacts traders react more heavily------- i have talked about their importance and how he analyze price action in a technical way ---- please read all my examples--------
now if you are willing to study you can backtest it and try to look for examples for each situation------- or you can review a live market and ill review i together with you
- #22,514
- Mar 16, 2021 4:27am Mar 16, 2021 4:27am
{quote} Sure. My crypto algo-trading stats aren't as good as Alien's 98% accuracy and such little drawdown, but I'm sure my experience in crypto algotrading taught me skills that are trasnferable to forex algotrading, and I believe algo-trading in forex is possible if done right. I'll post a link to my crypto trade history soon. thanks!
{quote} you are making me work so hard-------- and im so lazyyyyyyyyyyyyyy------- let me inhale first
