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Alien's Extraterrestrial Visual Systems

  • #2,321
  • Jan 22, 2014 1:22pm Jan 22, 2014 1:22pm
What about USDJPY? Looks good!
Daily: DS divergence with RSIOMA above 80 and BBS
H4: All ADX (except 7) compressing for a big move, green sto and rsioma above 50
H1: Green Sto rising and above 50 and rsioma got out of 50 line to up
M15: All ADX expanding but no BBS yet.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyh4.png Size: 45 KB
Work smarter,not harder
  • #2,322
  • Jan 22, 2014 1:51pm Jan 22, 2014 1:51pm
Quoting yaysayer
{quote} H1 : i believe your ADX's weren't in line. the 3 fast adx were rising indeed, but those are too often a fakeout. M15 : same story, no ADX alignment powering the move and green sto is heading down and just left the 80-zone M5 : ADX looks better here, but the RSIOMA line looks ugly and wobbly, i like it better when it's going in a neat straight line. that's what i read into it anyway, hope it helps. edit : forgot to add the round number it's hovering around. not important in alien economic theory perhaps, but i feel it could be responsible...
THank you for reply but I always confirm my trades with ADX.........
Have a look these 15m and h1 ADX chart.... all ADX showing buy power.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUS.jpg Size: 322 KB
Click to Enlarge Name: 15.jpg Size: 359 KB
Journey is more important than destination
  • #2,323
  • Jan 22, 2014 1:51pm Jan 22, 2014 1:51pm
Quoting traderbola
{quote} Congrats!!! If you keep learning and stay discipline you can make 300pips a day easily We can't thank him enough for His non human System!
Hello Traderbola


uiiiiii !!!to get there ... I'll still licking a lot of paper, a lot of work ahead, but there is no doubt that is a good start ... thanks to the alien system, the tips, and yours brilliant deductions!

thanks and take care

Salgueiro
::: Grao a Grao ... :::
  • #2,324
  • Jan 22, 2014 2:01pm Jan 22, 2014 2:01pm
Quoting traderbola
{quote} THank you for reply but I always confirm my trades with ADX......... Have a look these 15m and h1 ADX chart.... all ADX showing buy power..... {image} {image}

here's how they look to me, i think i picked your entry time about right atg the purple line. on h1 you miss thze 89 and 144, on m15 you miss 21 and 42.

http://charts.mql5.com/3/656/nzdusd-...ari-uk-ltd.png


http://charts.mql5.com/3/656/nzdusd-...i-uk-ltd-2.png
The game taught me the game. And it didn't spare me the rod while teaching.
  • #2,325
  • Jan 22, 2014 2:17pm Jan 22, 2014 2:17pm
Quoting traderbola
{quote} Daily stocs and RSIOMA, DS were in buy zone... H4 RSIOMA , DS and Stocs were in buy zone.... I've entered long .... after waiting green stoc cross 50 level after 2 candles... RSIOMA was above 80..... DS crossed up and was above 50... ADX was expending..... Alien could you please review this trade for me? what was my mistake here , or what I couldn't see..... it would be one of the great lessons here. Really appreciate your comment sensei. {image}

According to the Alien i think you should start trading with more certainly, ie you have to check if the graph H4 confirms H1, the H1 confirms the M15 and the M15 confirms M5.
So where information is mixed or contrary is too early and it is better not risk it!

Wish you luck

Hug

Salgueiro
::: Grao a Grao ... :::
  • #2,326
  • Jan 22, 2014 2:17pm Jan 22, 2014 2:17pm
Quoting yaysayer
{quote} here's how they look to me, i think i picked your entry time about right atg the purple line. on h1 you miss thze 89 and 144, on m15 you miss 21 and 42. {image} {image}
Yeah You picked up exactly
on H1 ADX 89 was heading down.... you are right but it was above 144 and +DI was above -DI thus it seemed buy....
Got to focus them more....
thanks mate for sharing
And of course Sensei knows best.....
Journey is more important than destination
  • #2,327
  • Jan 22, 2014 2:50pm Jan 22, 2014 2:50pm
Quoting traderbola
{quote} Yeah You picked up exactly on H1 ADX 89 was heading down.... you are right but it was above 144 and +DI was above -DI thus it seemed buy.... Got to focus them more.... thanks mate for sharing And of course Sensei knows best.....
Thanks to you as well mate, analyzing mistakes is the best way to learn. And thanks to you i learned how to post my mt4 charts so y'all can have fun with my mistakes as well from now on, hehe.

Looking forward to the extraterrestrial analysis as well, MOAR LESSONS!
The game taught me the game. And it didn't spare me the rod while teaching.
  • #2,328
  • Jan 22, 2014 2:56pm Jan 22, 2014 2:56pm
I must say I really find this system amusing, but after reading the thread twice, I still can't implement it in my own trading. There is too much subjectivity, so I'm asking if someone can clear thing up a bit.

Do we look for grade A (adx expanding after bbs, rsioma and ds above 50 heading up or above 80 for long and opposite for short, all three stochs agreeing with rsioma and green stoch pointing the correct direction) on higher and lower time frames? Would the finalized entry trigger be rsioma or green stoch crossing 50 line?

I guess what I'm missing is a step by step manual I can write for myself (eg.: 1. look for higher tf rsioma above 80 or below 20. 2. higher tf adx expanding 3. higher tf stoch agreeing with rsioma 4. main tf rsioma above/below 50 ect. final step: enter on entry trigger), so that I can scan pairs more effectively.

Can someone help me with this please.
Thanks
Peter
  • #2,329
  • Jan 22, 2014 2:57pm Jan 22, 2014 2:57pm
Quoting traderbola
{quote} Yeah You picked up exactly on H1 ADX 89 was heading down.... you are right but it was above 144 and +DI was above -DI thus it seemed buy.... Got to focus them more.... thanks mate for sharing And of course Sensei knows best.....
What helped me a lot with the ADX-reading btw, is the template that FXkebab posted a while back. all except the adx(7) are thin lines when going down, and thick and bright when going up. The only issue is when two lines overlap, you will see only one color.

it's on the first page in the attachment list, alientemplate.rar or something.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #2,330
  • Jan 22, 2014 3:10pm Jan 22, 2014 3:10pm
Quoting Salgueiro
{quote} According to the Alien i think you should start trading with more certainly, ie you have to check if the graph H4 confirms H1, the H1 confirms the M15 and the M15 confirms M5. So where information is mixed or contrary is too early and it is better not risk it! Wish you luck Hug Salgueiro
Yeah... I should've looked carefully
Journey is more important than destination
  • #2,331
  • Jan 22, 2014 3:12pm Jan 22, 2014 3:12pm
Quoting marcof91
What about USDJPY? Looks good! Daily: DS divergence with RSIOMA above 80 and BBS H4: All ADX (except 7) compressing for a big move, green sto and rsioma above 50 H1: Green Sto rising and above 50 and rsioma got out of 50 line to up M15: All ADX expanding but no BBS yet. {image}
Seems your triangle has been broken......
waiting for clear signal .....
Attached Image (click to enlarge)
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Journey is more important than destination
  • #2,332
  • Jan 22, 2014 3:34pm Jan 22, 2014 3:34pm
Quoting peterwest
I must say I really find this system amusing, but after reading the thread twice, I still can't implement it in my own trading. There is too much subjectivity, so I'm asking if someone can clear thing up a bit. Do we look for grade A (adx expanding after bbs, rsioma and ds above 50 heading up or above 80 for long and opposite for short, all three stochs agreeing with rsioma and green stoch pointing the correct direction) on higher and lower time frames? Would the finalized entry trigger be rsioma or green stoch crossing 50 line? I guess what I'm...
You are looking at it the wrong way i believe. This is not an "if A then B" system. all any indicator does is give us another way to read the story of the market. what this 'visual' system does is combine a bunch of indicators that tell us what the market is doing, with a lot of the random noise filtered out. Not only do we have the 'book' with the main story (price), we have a bunch of friends around, all willing to help us out if we lose the storyline, Our happy bunch of friends so far are ADX, Stochs, RSIOMA, and divergence spotting.

if all our friends agree about what happened and where they think the story is going, it's a safe bet to agree. if 2 friends say A and two others say B, it's time to put the book aside, go away and think about what you've read, aka leave the pair alone.


In a way, i agree, it's wildly subjective. It's a visual system, that is to be expected. Our brain notices one wildly profitable signal, and then ignores all warnings to the contrary. in my first week on this system, i lost 20% on demo. last week i recovered 15% by forcing myself to drop every trade on even the tiniest hint of bad news.

Start by just trying to see how it tells us what is happening, and more importantly, look at the extra stuff it's telling us.

Didnt mean to go all mystic, but that's what happened it seems

Check rglenns attachments to the thread, he has loads of alien's posts bundled in 2 ( i think?) pdf's. I myself have a page near me for every indicator with all the important notes so far about them. Not that that stopped me from drawing down 20%, hahaha. thank god for demo ;-)
The game taught me the game. And it didn't spare me the rod while teaching.
  • #2,333
  • Jan 22, 2014 3:50pm Jan 22, 2014 3:50pm
Thank you for your helpful post

So there are there important signals (the 4 you mentioned above: RSIOMA, ADX, green sto and divergence) and the extras. Do you look at all of these in higher and lower TF to analyse if the direction of the "book" is valid or only a few of them?
  • #2,334
  • Jan 22, 2014 4:03pm Jan 22, 2014 4:03pm
3stoch & RSIOMA dash.
first 3 block of each time frame is stoch (fast to slow),4th one is RSIOMA.
green block - >= 80
red block - <=20
dodgerblue- >50 & <80 & increasing
orange- <50 & >20 & decreasing
yellow- other condition( >50 & <80 & decreasing and <50 & >20 & increasing)
Attached Image (click to enlarge)
Click to Enlarge Name: alien.png Size: 44 KB
Every man who thinks ahead of his time is sure to be misunderstood.
  • #2,335
  • Jan 22, 2014 4:10pm Jan 22, 2014 4:10pm
Quoting traderbola
{quote} Daily stocs and RSIOMA, DS were in buy zone... H4 RSIOMA , DS and Stocs were in buy zone.... I've entered long .... after waiting green stoc cross 50 level after 2 candles... RSIOMA was above 80..... DS crossed up and was above 50... ADX was expending..... Alien could you please review this trade for me? what was my mistake here , or what I couldn't see..... it would be one of the great lessons here. Really appreciate your comment sensei. {image}
I would be interesting too to see Alien review that "case". I still did some +130 pips on it today, but that was 6th sense to close that trade on time. Hmmm....
Knowledge is power, community is strength, positive attitude is everything.
  • #2,336
  • Edited 5:20pm Jan 22, 2014 4:32pm | Edited 5:20pm
Quoting peterwest
Thank you for your helpful post So there are there important signals (the 4 you mentioned above: RSIOMA, ADX, green sto and divergence) and the extras. Do you look at all of these in higher and lower TF to analyse if the direction of the "book" is valid or only a few of them?
I am still working a LOT on this, but here's how i am using this so far:
-depending on how 'active' i wish to follow up that day, i'll check the pairs i follow for ADX+BBS setups OR clean strong trends in progress (all ADX powering up). i drop down TF's until they are at a speed i dont wish to follow. (if i'm willing to stay near the screen for a long while, i'll drop down to 15min setups/1H strong trends. if i want to go out and do stuff, i look for 1H setups/4H strong trends).
-found a ADX contraction setup : drop down a frame and wait for the move to start gaining momentum down there. My setup frame must have rsioma and stochastic as a strong signal, adx will not have all 5 since it is the start of a move. lower TF must be ALL indicators in the direction of the trade AND all ADX
-found a strong trend : drop down a frame and look for a perfect entry after a pullback. ALL indicators in your trade direction.
-look for divergences on the frame you are going to base entry on, AND the frame higher up.

signals :
-ADX is the major one, no decent ADX, at least on the lower TF = no trade
-green stoch going up (and above 20 at least, pref. 50) AND 8,3,3 stoch going up (vice versa for bearish)
-RSIOMA crossing 50
-RSIOMA in strong trendmode (above 80/below20) AND delayed stoch moved away, now coming back to RSIOMA, combined with good green stoch reading!!)
-hidden/regular divergences between green stoch/price OR RSIOMA/price
-...

"My first rule is not to lose money. Losing an opportunity is minor in comparison, because there are always new opportunities around the corner." - Burt Dohmen
--->wait for the perfect ones, no use losing on imperfect setups, because that means the perfect setups only serve to cover losses instead of growing the account.

One of these days (tm) i'll make work of a comprehensive guide of every useful tidbit so far and post it, but i'm looking a charts a lot for some reason, hehe

Don't take this for gospel, i'm still a total idiot at this stuff.

The thing that drove it home for me on a reread was ALien's stress on the message WAVES WITHIN WAVES WITHIN WAVES. I deleted loads here, because i was going mystic AGAIN!!
The game taught me the game. And it didn't spare me the rod while teaching.
  • #2,337
  • Jan 22, 2014 5:39pm Jan 22, 2014 5:39pm
Currency Strength meter based on Alien's system(Only RSIOMA & 3 stoch position).
Attached Image (click to enlarge)
Click to Enlarge Name: currencystrength.png Size: 29 KB
Every man who thinks ahead of his time is sure to be misunderstood.
  • #2,338
  • Jan 22, 2014 5:50pm Jan 22, 2014 5:50pm
Quoting Nihilist
Currency Strength meter based on Alien's system(Only RSIOMA & 3 stoch position). {image}
could you at least explain what it is i'm looking at? you don't explain what the colors are or what the indi is supposed to mean.. As far as i can see, a kid has ruined the bottom of your frame

i don't mean to offend, but a chart is supposed to say something, and this just doesnt...
The game taught me the game. And it didn't spare me the rod while teaching.
  • #2,339
  • Jan 22, 2014 5:56pm Jan 22, 2014 5:56pm
Hello Yaysayer, I made this currency meter for my personal use if you want i will manage to show the currency color on the indicator title line. by the way if Alien permit then i will share it. (here red line is GBP & PURPLE line is CAD)
Every man who thinks ahead of his time is sure to be misunderstood.
  • #2,340
  • Jan 22, 2014 6:00pm Jan 22, 2014 6:00pm
I would like to thank you all for replying to my last post in regards to divergence... I was busy with my work and was not able to post for some time
Maintain a positive attitude no matter how much you lose!
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