The More You Learn, The More You Earn.....
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,486 Posts
MT4/MT5 EAs/Indicators/Alerts coder
CRB Alien!! 215 replies
MT5 indicators for Alien’s trading systems 40 replies
Visual backtest result different from non-visual backtest 0 replies
Systems, Systems and Systems... 1 reply
“Alien Infector,” an MT4 script idea 2 replies
DislikedHI, 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.Ignored
Disliked{quote} 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...Ignored
Disliked{quote} Hello forexalien, kindly , how do you interpret each green and red of ADX (7...144) on dashboard? {image}Ignored
Disliked{quote} Hello forexalien, kindly , how do you interpret each green and red of ADX (7...144) on dashboard? {image}Ignored
Disliked{quote} Hello forexalien, kindly , how do you interpret each green and red of ADX (7...144) on dashboard? {image}Ignored
Disliked{quote} Here is detailed use of ADX dashboard, All red , no power or momentum behind the move....... all adx lines are falling away to earth......... {image}Ignored
Disliked{quote} 7 green only, could be the start of a new direction change as all the others are falling to earth still {image}Ignored
Disliked{quote} That's important to say that red (or falling) for ADX doesn't mean Short ...Ignored
Disliked{quote} Thank you FerruFx Master . This is only a momentum indicator not a Direction indicator. Green means powerful move, Red means no power in the move, it has nothing to do with price direction. at a glance you can see the direction price is moving at this time.........Ignored
Disliked{quote} 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 helpsIgnored
DislikedWanted to post this one setup I (think I) see before heading off to the sack .. USDMXN Weekly and monthly ADX looks like its setting up for a strong move to the upside they have all come down and are at historically low levels. I have posted the full monthly so you can clearly see the 20 year trendline it seems to be holding, the lower TF's dont seem just there yet but this could have a potential upside target of ~2000 pips for a retest of the all time highs at 15.5 or even upto 18 from the measured move of the wedge on the Monthly. The wedge forming...Ignored
Disliked{quote} 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 time frames 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!Ignored
DislikedHere is a explanation of how the delayed stochastic works. The delayed stochastic moves with price during the resting periods, and that is away from the trend because it is resting or people are taking small profits and then when it finds the bottom it turns back torward the trend for a trend continuation move................. A resting period is also a bollinger band squeeze most times. TIP: The green stochastic also is turning back long with the delayed stochastic signifying that the bottom has been found, so the trend can now continue long again,...Ignored
Disliked{quote} Thank you....and Thank you for indicator. However indicator itself has no value if incorrectly interpreted......it is more about traders activity....Ignored
DislikedWanted to post this one setup I (think I) see before heading off to the sack .. USDMXN Weekly and monthly ADX looks like its setting up for a strong move to the upside they have all come down and are at historically low levels. I have posted the full monthly so you can clearly see the 20 year trendline it seems to be holding, the lower TF's dont seem just there yet but this could have a potential upside target of ~2000 pips for a retest of the all time highs at 15.5 or even upto 18 from the measured move of the wedge on the Monthly. The wedge forming...Ignored
DislikedHi Forexalien ,could you please explain why did you chose those periods on the multiple ADX(why those periods?)Ignored
Disliked{quote} 7 is a primary number in math.. 3 times 7 is 21 21 is a fibonacci number and I doubled it to make 42 42 is about half the distance to 89, to fill in the void.. 89 and 144 are fibonacci numbers I have found if you watch these ADX speeds cycle up and down , you can count the waves and know there might be another push long or short. The ADX 89 and 144 will also tell you to stay the trade if they are still climbing.................... Alien's way of thinking is all................. {image}Ignored