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  • #481
  • Dec 29, 2013 9:53am Dec 29, 2013 9:53am
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.
Thank You for pointing this out vspatrick..........!
The More You Learn, The More You Earn.....
  • #482
  • Dec 29, 2013 10:27am Dec 29, 2013 10:27am
Quoting msiamd
{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...

Hello msiamd,

I see you have converted to Alien, welcome ........LOL

YES, you are correct ! you have just given Alien his toughest challenge to try and explain a trend reversal and how you might see it happening before it happens as it changes on each time frame. I have to find a simple way to present this information to the thread. I see the example on post #2 does not open up to full size so we can follow that one. I will reproduce it in the next few hours to come, so it is clearer for all to see.

Once you live, multi-time frames , you will be able to trade, multi-time frames, it will be like driving your car down the street in time......
The More You Learn, The More You Earn.....
  • #483
  • Dec 29, 2013 10:30am Dec 29, 2013 10:30am
Quoting buytosell
{quote} Hello forexalien, kindly , how do you interpret each green and red of ADX (7...144) on dashboard? {image}
Hello buytosell,

vspatrick said it best................

http://www.forexfactory.com/showthre...73#post7178573
The More You Learn, The More You Earn.....
  • #484
  • Dec 29, 2013 10:35am Dec 29, 2013 10:35am
Quoting buytosell
{quote} Hello forexalien, kindly , how do you interpret each green and red of ADX (7...144) on dashboard? {image}
Here is detailed use of ADX dashboard,

All red , no power or momentum behind the move....... all adx lines are falling away to earth.........
Attached Image
The More You Learn, The More You Earn.....
  • #485
  • Dec 29, 2013 10:38am Dec 29, 2013 10:38am
Quoting buytosell
{quote} Hello forexalien, kindly , how do you interpret each green and red of ADX (7...144) on dashboard? {image}
7 green only, could be the start of a new direction change as all the others are falling to earth still
Attached Image
The More You Learn, The More You Earn.....
  • #486
  • Dec 29, 2013 10:39am Dec 29, 2013 10:39am
Quoting forexalien
{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}
That's important to say that red (or falling) for ADX doesn't mean Short ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #487
  • Edited 11:46am Dec 29, 2013 10:49am | Edited 11:46am
Quoting forexalien
{quote} 7 green only, could be the start of a new direction change as all the others are falling to earth still {image}
I will build a word document with all the examples on it now and what they would mean, basically

all red and momentum is dead
7 or 21 green the possible start of momentum while 42,89,144 are still red
7,21,42,89,144 is strong momentum when they are all green or climbing

7 or / and 21 red and 42,89,144 are still green means that price is resting short term but the momentum is still strong longer term and to stay in the trade.
The More You Learn, The More You Earn.....
  • #488
  • Dec 29, 2013 10:53am Dec 29, 2013 10:53am
Quoting FerruFx
{quote} That's important to say that red (or falling) for ADX doesn't mean Short ...
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.........
The More You Learn, The More You Earn.....
  • #489
  • Dec 29, 2013 10:55am Dec 29, 2013 10:55am
Quoting forexalien
{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.........
the last bar on the advance ADX histogram will give you price direction, red for sell as in this example or green for buy............
Attached Image
The More You Learn, The More You Earn.....
  • #490
  • Dec 29, 2013 11:15am Dec 29, 2013 11:15am
Quoting Trade-Man
{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 helps
Welcome trade-man ,

and thank you for the explanation............
The More You Learn, The More You Earn.....
  • #491
  • Dec 29, 2013 11:27am Dec 29, 2013 11:27am
Here 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, as the ADX has already been doing.

The trend is confirmed with the RSIOMA being in the 80% or higher in this example.

This should be my clearest explanation for this yet.............

Thank you all for your patience, as Alien is learning to communicate clearly with the humans on earth..............
Attached Image (click to enlarge)
Click to Enlarge Name: 12_24_13 GJ week long.JPG Size: 339 KB
The More You Learn, The More You Earn.....
  • #492
  • Dec 29, 2013 11:33am Dec 29, 2013 11:33am
Quoting jeffmichaels
Wanted 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...
Again great find here ! If you look at the EJ weekly also, you will find this same wedge and delayed stochastic resting before this last huge EJ move long again.....
The More You Learn, The More You Earn.....
  • #493
  • Dec 29, 2013 11:41am Dec 29, 2013 11:41am
Quoting Salgueiro
{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!
Are you referring to the 5 time frame charts sitting side by side on one screen? they are just 5 separate charts sitting next to each other.
The More You Learn, The More You Earn.....
  • #494
  • Dec 29, 2013 12:02pm Dec 29, 2013 12:02pm
Quoting forexalien
Here 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,...
Train your eyes to look at these items first ................

Bollinger band squeeze,
RSIOMA divergence to the delayed stochastic and the distance between them,
Is the GREEN stochastic flat and turning long again ?
Is the ADX picking up momentum ?

It should only take you 15 - 20 seconds to look at these items on a chart.

If you are only looking at the month, week, day, H4 and H1 charts of each pair, you could look at all time frames of each pair ( approx 20 ), in about 35 minutes if your charts are all loaded. now you may want to study them a bit closer and it would take you an hour each day, or lose 10 pair and you are back to 30 minutes a day to look for swing trades.
Attached Image (click to enlarge)
Click to Enlarge Name: 12_24_13 GJ week long.JPG Size: 339 KB
The More You Learn, The More You Earn.....
  • #495
  • Dec 29, 2013 12:04pm Dec 29, 2013 12:04pm
Quoting mima
{quote} Thank you....and Thank you for indicator. However indicator itself has no value if incorrectly interpreted......it is more about traders activity....
Welcome mima..............

What do you mean by traders activity ? can you please explain further? thanks
The More You Learn, The More You Earn.....
  • #496
  • Dec 29, 2013 12:39pm Dec 29, 2013 12:39pm
Quoting jeffmichaels
Wanted 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...
My Alien mind keeps going back to when we see a wedge as in jeffmichaels example.
We had one in EJ and of course UJ driving EJ ,

TIP: These resting wedges of indecision, point to the bollinger band squeeze, and are a leading clue that we are going to have that next BIG move.

By looking at the indicators we have on our Alien System, we will be able to in advance, see the direction of the breakout !
Attached Image (click to enlarge)
Click to Enlarge Name: 12_19_13 UJ weekly wedge.JPG Size: 275 KB
The More You Learn, The More You Earn.....
  • #497
  • Dec 29, 2013 12:53pm Dec 29, 2013 12:53pm
TIP: It is best that you re-visit as many of these pages of examples as you can in time, as this will reinforce your thought process and scanning technic for your eyes.
Like watching a movie a second or third time, you see things that you have missed from the first viewing of that movie. The same goes for reading and understanding what you see here.

Get it to sink in................
Attached Image (click to enlarge)
Click to Enlarge Name: how-many-times-should-your-try-infographic-animated.gif Size: 277 KB
The More You Learn, The More You Earn.....
  • #498
  • Dec 29, 2013 12:53pm Dec 29, 2013 12:53pm
Hi Forexalien ,could you please explain why did you chose those periods on the multiple ADX(why those periods?)
  • #499
  • Dec 29, 2013 1:09pm Dec 29, 2013 1:09pm
Quoting marcelms
Hi Forexalien ,could you please explain why did you chose those periods on the multiple ADX(why those periods?)
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.................
Attached Image
The More You Learn, The More You Earn.....
  • #500
  • Dec 29, 2013 1:16pm Dec 29, 2013 1:16pm
Quoting forexalien
{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}

THank you
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