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Alien's Extraterrestrial Visual Systems

  • #1,021
  • Jan 4, 2014 4:50pm Jan 4, 2014 4:50pm
Quoting jeffmichaels
{quote} I was actually thinking about that a day or 2 ago, whether it should or shouldnt have a fixed min/max, so i tried it then and noticed that the results are very different. A fix gives ADX's almost below that 30 level all the time as the 144, 89, and even 42 hardly ever even make it up there, and it also remains very flat in general. So i left them unfixed, and put the levels on the ADX 7 which seems to work quite well although i havent used this in trading yet. Alien, how do you do it? {image}
Thanks FerruFX for pointing out the fixed and unfixed ADX settings,

Thanks jeffmichaels for posting the 2 examples.

Alien had not looked into these 2 options until now that they were brought to my attention.

Alien has been running with the ADX , UNFIXED............... After review of both Unfixed and Fixed settings, Alien Finds that either can be used.

The differences that I can see are the UNFIXED adx shows the eyes, a faster upward movement if you are scanning many charts, steeper 42,89,144 alert us quicker.

The FIXED adx is OK to use also, but in the examples below, the flare or expansion of the slower adx's are not as apparent.

You may set the charts to which ever you like, but UNFIXED is Alien's choice................

Also in the upper chart, I circled where in the unfixed mode, I could see the 89 adx dipping below the 144 adx before expanding, and this is a early sign of a strong movement to come...............
Attached Image(s) (click to enlarge)
Click to Enlarge Name: adx fixed and unfixed.JPG Size: 449 KB
Click to Enlarge Name: adx fixed and unfixed 2.JPG Size: 416 KB
The More You Learn, The More You Earn.....
  • #1,022
  • Jan 4, 2014 4:58pm Jan 4, 2014 4:58pm
Quoting gigioforex
Hi ,Mr Alien ,can i ask how You deal with the News and how they affects your trading style ? thanks a lot
News normally will not affect the direction of the trade already in progress. If the H4 or Daily is Long and news makes Price Fall, this is a present and get ready to buy it again.

If your not in a trade , stay out till after the news is over.

The indicators or systems we have , will tell you the direction once the crowd decides.........then place your trade............
The More You Learn, The More You Earn.....
  • #1,023
  • Jan 4, 2014 5:03pm Jan 4, 2014 5:03pm
Thanks a lot for Your teaching , very, very useful
  • #1,024
  • Jan 4, 2014 5:05pm Jan 4, 2014 5:05pm
Quoting forexalien
This is an Advance ADX trading Example......... The ADX 21 and 42 are floating above the 7 adx as it chops along. This means more down side to come , stay the trade for 20 more pips.................... {image}
Apart from the green crossing under pink ADX that you wouldnt see on fixed min/max, which is another great inside into the teachings of alien and therefore we thank you, the example from the quoted post wouldnt show up either using fix min/max because they hardly ever come over the ADX 7 then to begin with.
I think the level, if you would want to put it, should be on the ADX7, as the others run relative to it.
  • #1,025
  • Jan 4, 2014 5:06pm Jan 4, 2014 5:06pm
Quoting golferguy99
Here is something I will be watching in the open for next week. I would be looking for shorts on the AUD/USD. Have BB squeeze starting on daily and also have the start of a divergence between RSIOMA and DS. 4 hr has compressed ADX with the 7 maybe already made a wave for the down side. Any comments? {image} {image}
Thanks for posting ............

Isn't FUN to see these trades set up days in advance......?

We need to see how long the H4 will creep Long to keep the Daily DS to keep going up. The farther the better.................

The trading channel is pretty flat but climbing at this time............
The More You Learn, The More You Earn.....
  • #1,026
  • Jan 4, 2014 5:11pm Jan 4, 2014 5:11pm
Quoting FerruFx
{quote} You have 3 choices: 1/ You need the levels in your trading rules: you must set the same min/max on all ADX 2/ You don't need the levels in your trading rules: you can remove the min/max on all ADX 3/ If you just need the level to check the ADX 7 (example), so the level must be set in the ADX properties box. In that case you don't need min/max ...
Thanks for your great logic FerruFX,

ALL ADX speeds need to be FIXED or UNFIXED , the template given should have them all unfixed at this time.

As talked about earlier, either setting is fine, UNFIXED is Alien's preferred.........because of the steeper expansion it shows.........
The More You Learn, The More You Earn.....
  • #1,027
  • Jan 4, 2014 5:18pm Jan 4, 2014 5:18pm
Quoting gigioforex
Thanks a lot for Your teaching , very, very useful
Welcome again gigioforex............

I am glad you are seeing the light......................
Attached Image
The More You Learn, The More You Earn.....
  • #1,028
  • Jan 4, 2014 5:22pm Jan 4, 2014 5:22pm
Quoting jeffmichaels
{quote} Apart from the green crossing under pink ADX that you wouldnt see on fixed min/max, which is another great inside into the teachings of alien and therefore we thank you, the example from the quoted post wouldnt show up either using fix min/max because they hardly ever come over the ADX 7 then to begin with. I think the level, if you would want to put it, should be on the ADX7, as the others run relative to it.
Good Information, I would Agree........................Alien

jeffmichaels >
Apart from the green crossing under pink ADX that you wouldn't see on fixed min/max, which is another great insight into the teachings of alien and therefore we thank you, the example from the quoted post wouldn't show up either using fix min/max because they hardly ever come over the ADX 7 then to begin with. I think the level, if you would want to put it, should be on the ADX7, as the others run relative to it.

Well Said, jeffmichaels.......Alien
The More You Learn, The More You Earn.....
  • #1,029
  • Jan 4, 2014 5:28pm Jan 4, 2014 5:28pm
Quoting jeffmichaels
{quote} Apart from the green crossing under pink ADX that you wouldnt see on fixed min/max ...
If you have unfixed min/max, 2 lines can't be compared (crossing) because they don't have the same vertical scale. Just move back your chart back and forth and you will see the cross looking different (the cross isn't fixed). In other words, the cross repaints.

To illustrate my example, place RSI on a chart then drag and drop MACD in the same window. Then pick a MACD crossing up the RSI line ... How a value of 0.00XX can be above 50 (example) ?
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,030
  • Jan 4, 2014 5:41pm Jan 4, 2014 5:41pm
Quoting FerruFx
{quote} If you have unfixed min/max, 2 lines can't be compared (crossing) because they don't have the same vertical scale. Just move back your chart back and forth and you will see the cross looking different (the cross isn't fixed). In other words, the cross repaints. To illustrate my example, place RSI on a chart then drag and drop MACD in the same window. Then pick a MACD crossing up the RSI line ... How a value of 0.00XX can be above 50 (example) ?
You are Right Sir,

Alien has seen this strange cross over, time and time again, although I don't use it as a trade setup, because the trend is already in motion, I do like to see it, as it is a Hint of a longer move ahead............

Thanks for your expertise.........
The More You Learn, The More You Earn.....
  • #1,031
  • Jan 4, 2014 5:52pm Jan 4, 2014 5:52pm
Hi Alien, just to remind you of the EURUSD call you promised to review this weekend.
  • #1,032
  • Jan 4, 2014 5:54pm Jan 4, 2014 5:54pm
Quoting forexalien
EU - Multiframe sell............ top down........... H4 was already dropping, green sto was down H1 was already dropping, green sto was flat M15 was rolling over to go short, green sto was short, adx was short M5 bollinger band squeeze, M1 did a fake out, and then dropped, green sto down and turned back down again along with the M5 together. adx turned short, and the DS went torward the RSIOMA that never crossed long................ {image}
.......this one.
  • #1,033
  • Jan 4, 2014 6:13pm Jan 4, 2014 6:13pm
The main problem of ADXs is that we don't see very well the movements of ADX(89) ad ADX(144) so when you want to take a trade you don't see if green is up or down and if pink is up or down too.
Hope you have understood what I mean.
Trade Safe !
  • #1,034
  • Jan 4, 2014 7:16pm Jan 4, 2014 7:16pm
Quoting forexalien
{quote} The second window on my charts, is the ADX and as it changes color it is the adx cross of D+ and D-, and it shows up visually faster then trying to look at just the 3 standard lines of the ADX D+ D-. Alien became crossed eyed after a while............ thanks again for your input !
oh yes ! the colors are crosses of adx 7 ,

didn't look correctly,

really sorry for the stupid post

(personnaly i like to have the +DI and -DI on the chart to see at wich distance they are from each other, to anticipate the next cross and to see the strenght of movement but with the tons of others indications in your template you don't need that ^^, so, nice work forexalien )
  • #1,035
  • Jan 4, 2014 7:20pm Jan 4, 2014 7:20pm
Here is another potential setup for a long term trade potentially. AUD/JPY potential long. Lets break it down.

Weekly:
Getting a squeeze on the bolinger bands
Compression on ADX's

Daily:
ADX's on the rise except for 7. Looks like a potential first wave is in from the look of the 7 ADX
RSIOMA is on the rise along with DS

4hr:
ADX's are contracting
Stochs 8,3,3 are high with 21,10,10 falling
RSIOMA is rising with DS trying to diverge

1hr:
ADX's are compressing
Stochs 8,3,3 are bottoming out with longer term pinned above 80.
RSIOMA is close to 80.

I would be looking for a long setup from the 1hr or 4 hr to see if we can catch the next wave up on the daily. Will be watching this one upon the open this week as well. Comments?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPY1hr.jpg Size: 323 KB
Click to Enlarge Name: AUDJPYDaily.jpg Size: 331 KB
Click to Enlarge Name: AUDJPYWeekly.jpg Size: 297 KB
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  • #1,036
  • Jan 4, 2014 7:40pm Jan 4, 2014 7:40pm
Quoting angelofx
Hi Alien, just to remind you of the EURUSD call you promised to review this weekend.
Thank You for reminding Alien............

I will go review in a few minutes............
The More You Learn, The More You Earn.....
  • #1,037
  • Jan 4, 2014 7:50pm Jan 4, 2014 7:50pm
Quoting Goodgame42
The main problem of ADXs is that we don't see very well the movements of ADX(89) ad ADX(144) so when you want to take a trade you don't see if green is up or down and if pink is up or down too. Hope you have understood what I mean.
Hit the + key after the chart is highlighted, you will zoom right in. The - minus key will take you back out.........

The Chart data window will get you exact info, place your pointer over the candle before the current candle and then look at the current candle and you will tell by the numbers if it is going up or down.

If the 89 and 144 ADX lines are that flat, it's probably not that great of a trade anyway................

In time you will pick GRADE "A" trades all the time , because you will not want to give pips back..............
Attached Image
The More You Learn, The More You Earn.....
  • #1,038
  • Jan 4, 2014 8:28pm Jan 4, 2014 8:28pm
Quoting angelofx
Hi Alien, just to remind you of the EURUSD call you promised to review this weekend.
OK Angelofx..............

Study this one good ! You will begin to see more like this in time............

Pull up the chart to full size and we will look at it closer.

Trading becomes an art in time and you too will be able to paint your own picture..............

I always do a top down look at the time frames, H4 to the M1

It looks like 2 hours earlier, I gave EU a Mixed rating, on New Years Day............http://www.forexfactory.com/showthre...38#post7184038

Looking at the H4 I see the green sto crossing the 50% downward, the 8,3,3, sto was already down there, I saw 1 red adx bar on the end, and the biggest factor was the RSIOMA turned down pretty hard with the DS leading it. This chart told me all was a sell.

Now you need to confirm what we just looked at by going to the next time frame lower, the H1. The Green sto was laying there FLAT and not getting long anytime soon, the 8,3,3 sto also was in the 20% area for a sell, the adx was mixed , but it had 2 red bars for a sell , Again the biggest factor was the RSIOMA heading straight downward, see the smaller RSIOMA cross over line, just above the red arrow I drew, it is pretty smooth and straight, and that means it's steady to Alien. This chart told me all was a sell.

Now you need to confirm what we just looked at by going to the next time frame lower, the M15, the green sto had turned down sharply crossing the 50% line, meaning momentum was in the air. All 5 ADX lines were powering up and expanding = MOMENTUM. Again the biggest factor was the RSIOMA heading straight downward below the 50% line, But the icing on the cake was the DS was high and sling shooting downward also.

This was the start of the H4 coming down for awhile, as the Daily was showing divergence for a sell also.

Now you need to confirm what we just looked at by going to the next time frame lower, the M5, the green sto had turned down sharply, crossing the 50% line, meaning momentum was in the air. All 5 ADX lines were powering up and expanding = MOMENTUM. Again the biggest factor was the RSIOMA heading straight downward below the 20% line

I won't get detailed with the M1, but is showed a DS swing down also.

When you have all these time frames , all showing the same downward pressure on the EU , along with the Daily showing divergence that it was getting softer for a sell. It is time to react and place a sell on the EU.

currently the H4 EU ADX lines are ALL 5 expanding still, 2 days after I called the EU short. And this could be only the beginning, as price and the adx 7 will rest and then keep moving down for another wave of selling.............

looks like this post won't pull up the full chart , here is the link for the chart and click on it. http://www.forexfactory.com/showthre...08#post7184108

When all the pictures point to a sell, it's time for the ART of SELLING..............
Attached Image
The More You Learn, The More You Earn.....
  • #1,039
  • Jan 4, 2014 8:49pm Jan 4, 2014 8:49pm
Quoting golferguy99
Here is another potential setup for a long term trade potentially. AUD/JPY potential long. Lets break it down. Weekly: Getting a squeeze on the bolinger bands Compression on ADX's Daily: ADX's on the rise except for 7. Looks like a potential first wave is in from the look of the 7 ADX RSIOMA is on the rise along with DS 4hr: ADX's are contracting Stochs 8,3,3 are high with 21,10,10 falling RSIOMA is rising with DS trying to diverge 1hr: ADX's are compressing Stochs 8,3,3 are bottoming out with longer term pinned above 80. RSIOMA is close to 80....
Monthly I see as Long.........

gg99 - Weekly: Getting a squeeze on the bolinger bands Compression on ADX's , Alien sees ADX are expanding by one bar or week. DS is high and not so good the RSIOMA is flat at the 50% level.

gg99 - Daily: ADX's on the rise except for 7. Looks like a potential first wave is in from the look of the 7 ADX RSIOMA is on the rise along with DS , Alien sees the same with the RSIOMA over 50%, and green sto nearing the 80%, Good !

gg99 - 4hr: ADX's are contracting Stochs 8,3,3 are high with 21,10,10 falling RSIOMA is rising with DS trying to diverge, Alien sees the same , Mixed and resting for now........the 89 and 144 adx are still climbing for now, another wave may be in the picture...........

H1 - Alien sees green sto high and flat over 80% for possible another wave long, the 8,3,3 to maybe come up and meet it would show good price action long,
ALL ADX speeds are contracting for the next big move, RSIOMA is long and over 50%, there is room for another push long on the H1 RSIOMA, if it can go over 80% and stay long for quite some time maybe...............

Something to keep our eyes on, Thanks gg99
The More You Learn, The More You Earn.....
  • #1,040
  • Jan 4, 2014 9:08pm Jan 4, 2014 9:08pm
Alien,

Question for you. What is your definition of, or picture of, resting? I think I have a idea of what it looks like but want to double check with what you consider resting.

Thanks!

gg99
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