.....is Alien still around or blasted off to a glaxay far far away ....................
Alien's Extraterrestrial Visual Systems
- #22,664
- Aug 30, 2021 8:05am Aug 30, 2021 8:05am
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- #22,666
- Aug 31, 2021 2:32am Aug 31, 2021 2:32am
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts
{quote} Take a look at the screenshot: Moving averages H1: LWMA 9+36 LWMA36 on H1 far away from price. At the same time on H4 price touches LWMA9 (which on H1 basically is LWMA36) {image}
Anyway your H1 moving averages looks perfectly fine. Look at the attached standard chart with the same MAs.
MT4/MT5 EAs/Indicators/Alerts coder
- #22,672
- Sep 4, 2021 12:15pm Sep 4, 2021 12:15pm
.........has there been a primary method to gauge end of uptrend on h4 ........ ...........divergences i guess .......& the indis that wud highlight them.........
But there are a lot of paths to explore,
if you want to have my 2 cents, don't be afraid to not find exit rules, it's really easier to find than entry points for many reasons
(personnaly i'm not fan of adx exit because according to the quality of trades and timing of entry/position in the trend/wave ,
the adx power presence will fluctuate quite randomly)
- #22,673
- Sep 4, 2021 2:17pm Sep 4, 2021 2:17pm
- Joined Feb 2020 | Status: Trader | 2,364 Posts
{quote} To spot end of trend, he was using adx42 for example. But there are a lot of paths to explore, if you want to have my 2 cents, don't be afraid to not find exit rules, it's really easier to find than entry points for many reasons
.......finding wave 3 might seem to be the strength of this system but with alot of practice ...........
- #22,674
- Edited Sep 5, 2021 3:37pm Sep 4, 2021 6:38pm | Edited Sep 5, 2021 3:37pm
{quote} .......what has yr experience been with this system..... .......finding wave 3 might seem to be the strength of this system but with alot of practice ...........
Major TIP, PLEASE READ THIS ONE ! THANKS
in the thread and he explains a whole trade.
I think the great thing about this system is that you can pin-point your entry on m1, so have a super tiny SL and so, have a great RR !
Because you trade in trend,
and if you enter at the right moment you can ride a nice wave and have RR of 3-4-5 or even more if you're lucky.
Before if i was entering looking the M1, i was taking my exit looking M1 also but i think it was a mistake for many reasons.
Now i pin-point my entry on m1, put my SL on m1 , but exit looking higher TF, what is more logical imo since we're doing trend following, we must profit
of our complete analysis compared to other systems
(and for my experience with system i can't talk because i'm using my own system, with Alien core strat but so, i let our fellow traders answer to you)
- #22,677
- Sep 6, 2021 2:07pm Sep 6, 2021 2:07pm
....am still testing this in early stages...............anyone found any repaint elements or everything is nonrepaint..............thanks
this one doesn't repaint !
Mladen said that the early versions of DDS were badly coded, so with this one we have a full system without repainting
Enjoy !
- #22,678
- Sep 7, 2021 8:20am Sep 7, 2021 8:20am
- Joined Feb 2020 | Status: Trader | 2,364 Posts
{quote} i've searched a little bit more than some years ago, and i've found the DDS from the great coder Mladen, this one doesn't repaint !
- #22,679
- Sep 7, 2021 8:26am Sep 7, 2021 8:26am
- Joined Feb 2020 | Status: Trader | 2,364 Posts
{quote} .....great stuff..........