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  • #461
  • Dec 28, 2013 12:30pm Dec 28, 2013 12:30pm
I have a question considering the ADX's, that you may have answered one way or another, but i'm still a bit confused On how many timeframes do you prefer to have rising ADX's? What timeframes do you consider important, related to the entry timeframe?

If, for example we have an entry on the M15 timeframe, where the delayed stoch has fallen and is now crossing long again, with the RSIOMA still high. Do you consider it important to have rising ADX'son the M15 TF then? And what about the 1H and 4H ?

I'm guessing if you are seeing strength on H4 and H1 you would try to buy the bottoms on the M15? But do you enter only if you are seeing rising ADX'sin the M15 at the same time?

I hope you understand my trouble

Best regards
Zerrox
  • #462
  • Dec 28, 2013 12:35pm Dec 28, 2013 12:35pm
Sorry, yes i mean ADX's
  • #463
  • Dec 28, 2013 12:37pm Dec 28, 2013 12:37pm
.
Attached Image
The More You Learn, The More You Earn.....
  • #464
  • Dec 28, 2013 12:38pm Dec 28, 2013 12:38pm
Quoting Zerrox
Sorry, yes i mean ADX's
I will get back to you tonight, my UFO is waiting for me, I have to run.................Thanks

An Abduction may be coming your way soon................stay alert........!
The More You Learn, The More You Earn.....
  • #465
  • Dec 28, 2013 1:03pm Dec 28, 2013 1:03pm
Alien's vessel
Attached Image
Per aspera ad astra
  • #466
  • Dec 28, 2013 2:40pm Dec 28, 2013 2:40pm
Quoting forexalien
{quote} You made me smile ............! I use 2 different dashboards for a quick glance on how the market is trending . The one FerruFx is referring to is the 20 50 80 multiple TF's , it lets me know in a glance where all the stochastics are sitting. I will find a trending example for you to look at. The first example I found is of the ADX in multiple TF's Trending strongly........... second set of windows below have my ADX, the dashboard beside each time frame show different speeds of ADX , 7,21,42,89,144, when the dash board turns all Green Boxes,...
Good evening alieno!

I'm at the stage of installing the indicators of your system, but realized it's missing some things: the abstract framework of timeframes and summary table of adx's. Can you provide the missing files that are in equal conditions to analyze my first trades?
thanks a lot!
::: Grao a Grao ... :::
  • #467
  • Dec 28, 2013 3:17pm Dec 28, 2013 3:17pm
Quoting forexalien
{quote} Wave trading can become an art and can be mastered with some light effort of understanding. .......... Mrs. AG ? Mrs. Alien Girlfriend ? You did not tell me you are Alien too............ Alien loves family Photo's, send them on over ! Alien never does know who he is Abducting next, pictures will help ! Thanks !
Hi Alien, I am not surprised that Alien's probing mind found me out!! Earth creatures just find me to be "unusual" - just as well. Love your family photos. Will forward mine later to your e-mail.

PS. Thanks for your prompt response.
Do not dwell in the past, do not dream of the future, concentrate the mind.
  • #468
  • Dec 28, 2013 9:50pm Dec 28, 2013 9:50pm
Quoting jpadvisor
Alien's vessel {image}
Nice........I like it ..........
The More You Learn, The More You Earn.....
  • #469
  • Dec 28, 2013 10:48pm Dec 28, 2013 10:48pm
Quoting Zerrox
I have a question considering the ADX's, that you may have answered one way or another, but i'm still a bit confused On how many timeframes do you prefer to have rising ADX's? What timeframes do you consider important, related to the entry timeframe? If, for example we have an entry on the M15 timeframe, where the delayed stoch has fallen and is now crossing long again, with the RSIOMA still high. Do you consider it important to have rising ADX'son the M15 TF then? And what about the 1H and 4H ? I'm guessing if you are seeing strength on H4 and...
Good Questions !

1. What time frames do you consider important, related to the entry time frame? I look at month to H1, time frames.............., the Time Frame you are looking to trade, I like to at least look at the one higher and the one lower to the setup Time Frame. But I normally like to see as many time frames traveling the same direction so the trend is stronger. It is good practice to start with the Month and work your way down to the H1, you will then see if you have a trend to follow. Find the examples already posted and follow the new ones to yet be posted and you will get the ah ha moment soon.

2. Do you consider it important to have rising ADX's on the M15 TF then? If you do some back testing on the pairs you are interested in, most RSIOMA delayed sto trades have the ADX's climbing, at least the lower 3 will climb the 7,21,42,. You need to decide the quality of the trade you are going to take. no adx's rising might give you a few pips, 3 adx's rising might give you 30 pips , ALL the ADX's rising will give you 50 pips and beyond. learn to grade your trades. do you want to take a grade C trade or a Grade A trade ? in time you will learn the suttle differences you can get away with , but when all the rules are in place, your trade will go well.

3.Do you consider it important to have rising ADX'son the M15 TF then? yes

4. And what about the 1H and 4H ? I'm guessing if you are seeing strength on H4 and H1 you would try to buy the bottoms on the M15? yes .
But do you enter only if you are seeing rising ADX's in the M15 at the same time? if you can find the bottom of the M15 using the RSIOMA as I did a few days ago, no you don't need the ADX's to be climbing, but they will climb in time if the M15 , H1 and H4 are all long............
The ADX's all climbing is the safest trade to take, this is not to say there are other ways to trade this and still make pips. Sometimes price will scream and our system will not give us a clear setup, then we stand aside and let the pips go by..............
The More You Learn, The More You Earn.....
  • #470
  • Dec 28, 2013 11:08pm Dec 28, 2013 11:08pm
Good Night Alieno!

I've read his first 9 pages and start to learn some potential strategies to your trading system.


However there is a situation that confused me: I found that the speeds adx set features green regardless of short or long trend. is it anyway?

It would be incorrect to modify the panel so that the green color indicate the information to open long and short red to open so as to increase the ease, speed and power efficiency of the negotiation?

hug

Salgueiro
::: Grao a Grao ... :::
  • #471
  • Edited 12:07am Dec 29, 2013 12:05am | Edited 12:07am
HI,

ADX has nothing to do with the trend. It shows Momentum (Strength of the trend) .

Green when Momentum is increasing, Red when Momentum is decreasing.
the market is not random but anything can happen.
  • #472
  • Dec 29, 2013 6:37am Dec 29, 2013 6:37am
Quoting vspatrick
HI, ADX has nothing to do with the trend. It shows Momentum (Strength of the trend) . Green when Momentum is increasing, Red when Momentum is decreasing.
Hi !

Ah I Got it!

Thanks for your explanation!

Salgueiro
::: Grao a Grao ... :::
  • #473
  • Dec 29, 2013 8:06am Dec 29, 2013 8:06am
Quoting forexalien
{quote} How big or small of a trend change are you looking at ? H1 , H4 daily, just the swings on a H4 chart. ? waves with in a trend ? trends with in a trend ? There are many things that come to mind and I want to answer the correct one for you.............

Greetings.

Thank you for your answer.

I will try to be clearer.
As i understood so far, is that a trend swith on a M15 can lead to a trend change of the H1. And a trend switch on H1 can lead to a trend switch on H4 etc.
But i can also imagine that a trend switch on a H1 or H4 chart stops at a certain point and will continue with the existing trend on a D/W or M.

So are there signs when a lower TF trend switch will lead to a trend switch on higher TF's. And are there signs where lower TF trend switch will stop at certain point and continue with the higher TF's trend?

I hope i'm a bit clear (enlish is not my native language)
  • #474
  • Dec 29, 2013 8:41am Dec 29, 2013 8:41am
Quoting forexalien
.
Attached Image


Hello forexalien,

kindly , how do you interpret each green and red of ADX (7...144) on dashboard?
There is a winner and a loser, nothing in between.
  • #475
  • Dec 29, 2013 8:56am Dec 29, 2013 8:56am
Could you please share those dashbord indicators.Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: alien RSIOMA UJ divergence higher tfs 2.JPG Size: 253 KB
  • #476
  • Dec 29, 2013 9:11am Dec 29, 2013 9:11am
Quoting marcelms
Could you please share those dashbord indicators.Thank you
Hi,
For this Stoc Dashboard you have to ask (with pm) Forexalien

cheers
jf
  • #477
  • Dec 29, 2013 9:17am Dec 29, 2013 9:17am
Quoting marcelms
Could you please share those dashbord indicators.Thank you {image}
marcelms

a few times in this thread people have asked for these indicators off Alien, these are his own personal indicators that he has paid money for! all the information you need to trade this system is in the template Alien has given and these extra indicators you have pointed out are so that Alien can look at a quick glance where the trends are on the ADX's and Stochastic's are. We can see ourselves where our ADX's and Stochastic's are heading...... just takes a bit longer that's all.

hope this helps
  • #478
  • Dec 29, 2013 9:22am Dec 29, 2013 9:22am
Quoting marcelms
Could you please share those dashbord indicators.Thank you {image}

If you upload tamplates from post #70

http://www.forexfactory.com/showthre...59#post7170759

than you get this indicator
  • #479
  • Dec 29, 2013 9:26am Dec 29, 2013 9:26am
Thank you
  • #480
  • Dec 29, 2013 9:52am Dec 29, 2013 9:52am
Quoting Salgueiro
Good Night Alieno! I've read his first 9 pages and start to learn some potential strategies to your trading system. However there is a situation that confused me: I found that the speeds adx set features green regardless of short or long trend. is it anyway? It would be incorrect to modify the panel so that the green color indicate the information to open long and short red to open so as to increase the ease, speed and power efficiency of the negotiation? hug Salgueiro
Thank you Vspatrcik !

The post just below this one has your answers..............

http://www.forexfactory.com/showthre...73#post7178573
The More You Learn, The More You Earn.....
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