Alien's Extraterrestrial Visual Systems

This has got to be one of the best systems I have seen on this forum in 2013 with such great explanations too.

I will definitely be adopting these strategies in my trading in the new year to make trading easier.

As the rules are so precise automation is a great idea. These ideas are certainly Alien in its concept

Well done Alien for thinking outside the box

And Welcome le celte,

I forgot to say............

You are welcome ! It is the Journey "jurn_e" I must take. I always have a few minutes here and there to show different approaches to trading..............

Dear forexalien,
I know ADX indicator I`m just asking because you used the words " ADX turns long" ...
If ADX is going up (long) you trade according to other indicators (short or long) and if ADX is going down you wouldn`t take any trade at all. Is that correct or I misunderstood you?
And some more questions about your special ADX indicator:
Do you pay attention to the way ADX`s are aligned? e.g. 144 on top or bottom, next to 89, or 7 etc...
Or it doesn`t matter the order they are aligning and only look for up and down.
Thank you.

you have been Pm'd

Welcome rglenn,

and yes, Alien has a hard time living and staying in a box..................

thank you !

Later Tonight , Alien will start looking for trades and posting them.................

Got to run right now, there is a snow ball fight, with the polar bears at the north pole....................

Hello kore2,

You are correct, I do need to make this ADX direction more clear.

The ADX lines only go one direction when the trend or momentum get's stronger. And that is they will always climb during a stronger trend or momentum. I will show two examples below, a long and a short example. I most of the time use the words ADX long which I should not call it that , because it sounds like I am saying to go long.
I sometimes say the ADX is powering up or momentum up would be a better way to say it. Does anyone have a good phase to say the ADX trend momentum is picking up?
If you are using the advance adx histogram, it shows you the color and direction it is going without thinking about it. Red for short and bluish green for long, as in the examples below. Also the RSIOMA will be on the side of the chart direction, you just can't get it wrong with both of these together.

As for your other questions............

1. The safest trade is to have the ADX lines low and all start to climb like these 2 examples, this normally happens when the RSIOMA is over 80% or under 20%. when they are all lined up in order adx 7,21,42,89, and 144 and powering up, is the safest and longer term trade to take. You can just trade the first 3 adx if you like, 7, 21,42, but without the others , it may become a shorter length of trade. And you best use SL or watch it closely.

2. When the ADX lines are falling back to earth, this means there is no momentum. you might get a short term spike or a I gotcha trade, and it is possible to make other trades without this system, but they are more advance for later discussion. You can take trades without the ADX climbing or powering up to the moon, but you will need to use the Stochastics in window one to make those choices, but we are not ready to talk about that yet.

I always say the Market is mixed or at rest , when the adx lines are drifting back to earth.............

3. Do you pay attention to the way ADX`s are aligned? the best trades are going from low to climbing with all adx aligned , but I will show you on the UJ weekly, that the first push up in alignment is the largest move and the RSIOMA was above 80%, then the adx lines started to rest or become mixed, note the rsioma crossed down , but remained long at the 80% area, also note the delayed stochastic was at the bottom of the window before the next move long, we know the next move already, and the ADX's do not need to be in order for it to go long again. they are out of order going long currently, the move is not near as great as when they are in alignment. But I would still take the 800 pips.............

we will have more detailed talks about the adx, but for now , we need to stay with the basics................

Hello Stranger! So far its been fantastic teem explanations have been following his teachings and graphics and I am confident that I can learn a lot.
Well done!
Fernando

Possible EJ H1 Setup for a long .............

Please wait for it to turn north and monitor it..................

EU H4 is developing currently, it will either turn down soon, or stay long and then turn down.

It needs more time to tell us, and look at the other Time Frames to help with clues.....................

UJ H1 is developing currently, the delayed stochastic needs to hit the floor while the rsioma stays near that 80% level.

Bollinger band squeeze, and the green stochastic is not dropping and looks to turn back long again.

It needs more time to tell us, and look at the other Time Frames to help with clues.....................

EJ H1 turned up at 00:00 GMT with an entry around 142.95.

ADX compressing / expanding ?

GU - Daily and H4 Both have a set up coming.

The H4 should turn long first and then drag the Daily with it..............

My broker is still closed..............bummer..........

Welcome vspatrick,

compressing for falling and expanding for momentum..........good

the word that comes to my mind to go with expanding would be contraction............

thanks for your input !

So far it takes me less than 20 minutes to find 4 possible set ups..............for just the rsioma delayed stochastic system.............

And that included me copying and marking , and posting for you !

So I can find one setup every 2 minutes while I am looking............

You will be able to do this also in time..........................

EJ is resting now after the 00:00 GMT candle jumping about 50 pips.