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Alien's Extraterrestrial Visual Systems

  • #6,001
  • Mar 28, 2014 10:23am Mar 28, 2014 10:23am
Quoting forexalien
{quote} Thank You ........it took 2 plus years for the systems and a Total of 6 years from start to finish when I first got into the Forex Trading...........Lots of Time........!
Lots of Time ... but no Lost of Time !
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,002
  • Mar 28, 2014 3:05pm Mar 28, 2014 3:05pm
Alieno!


Thankyou very much for sharing that great system, I earned a lot of pips this week. 41% growth in one week.
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
  • #6,003
  • Mar 28, 2014 3:49pm Mar 28, 2014 3:49pm
Quoting Mafia
Alieno! Thankyou very much for sharing that great system, I earned a lot of pips this week. 41% growth in one week.
I am Glad you are finding Direction in your trading, Mafia
The More You Learn, The More You Earn.....
  • #6,004
  • Mar 29, 2014 9:01am Mar 29, 2014 9:01am
Thank you for sharing such GREAT KNOWLEDGE ! You are very much appreciated.. Wow! Awesome!
  • #6,005
  • Mar 29, 2014 9:10am Mar 29, 2014 9:10am
Quoting chrispaul286
{quote} Good job!!
Hello
Dont mention
Thank you to alien power system!
::: Grao a Grao ... :::
  • #6,006
  • Mar 29, 2014 11:08am Mar 29, 2014 11:08am
Quoting FerruFx
{quote} Are you calculating your pips results with the difference between the entry and exit ... or are you multiplying it by your lot size (number of entries at the same price) ?
FerruFx
I do this way:
if i open 3 entries
Total Pips = entry 1(Close Trade - Open Trade) + entry 2 (Close Trade - Open Trade) + entry 3 (Close trade - Open Trade)
Average pips = Total pips / 3 entries

regardless of lot size i use

Example : Aud USD

Size: 0,1 L

Entry 1 +30 pips
Entry 2 -15 pips
Entry 3 +45 pips

Total = +60 pips

Average = 20 pips

Gain = 0,1L*3*20

My english is very bad
I hope did well explained
::: Grao a Grao ... :::
  • #6,007
  • Mar 29, 2014 11:11am Mar 29, 2014 11:11am
Quoting Salgueiro
{quote} FerruFx I do this way: if i open 3 entries Total Pips = entry 1(Close Trade - Open Trade) + entry 2 (Close Trade - Open Trade) + entry 3 (Close trade - Open Trade) Average pips = Total pips / 3 entries regardless of lot size i use Example : Aud USD Size: 0,1 L Entry 1 +30 pips Entry 2 -15 pips Entry 3 +45 pips Total = +60 pips Average = 20 pips Gain = 0,1L*3*20 My english is very bad I hope did well explained
Oh fine. My thought was that you was taking 60 pips (the total of your 3 same positions) instead of 20.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,008
  • Mar 29, 2014 11:26am Mar 29, 2014 11:26am
Quoting thomasz1
{quote} personaly i agree with salgueiro , that's the only point that can be really improve in this system i think ( perhaps alien has yet some tips about exit ) i don't exit with adx 89-144 , that's so much approximative ( that's why your idea to avoid false reversal is a good point ) but it remains not really enough pertinent, i'm looking to introduce some others indi for the exit but even with only stoch,adx and rsioma we can do better, i've some principles which don't change since few weeks, so i think i'll can play my part in this thread from...
The great puzzle of this system is actually when to exit the trade, wait for ADX 89 means losing between 50-100 pips on H4.
Personally I have another exit strategy and that works very well!
Associating other indicators ,i.e.,moving average 300, fibonnaci numbers, candle pattern,volume indicator, it helps !
::: Grao a Grao ... :::
  • #6,009
  • Mar 29, 2014 11:31am Mar 29, 2014 11:31am
Quoting Salgueiro
{quote} The great puzzle of this system is actually when to exit the trade, wait for ADX 89 means losing between 50-100 pips on H4.
Yes but that's the deal. You are risking these 50-100 pips ... but the reward on H4 is worthy.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,010
  • Mar 29, 2014 11:37am Mar 29, 2014 11:37am
Quoting FerruFx
{quote} Yes in my case it is H4. I am too busy to continue looking for setups on lower TFs. I did at the beginning and that was great but I wasn't able to fully concentrate on my codings !

yeah i'm starting to reach the same conclusion and now I am already use H1 with good accuracy,
M1,M5 and M15 are also good for many pips but very boring!
::: Grao a Grao ... :::
  • #6,011
  • Mar 29, 2014 12:19pm Mar 29, 2014 12:19pm
Quoting Salgueiro
{quote} yeah i'm starting to reach the same conclusion and now I am already use H1 with good accuracy, M1,M5 and M15 are also good for many pips but very boring!
Why would the lower tf's be boring Sal?
  • #6,012
  • Mar 29, 2014 1:00pm Mar 29, 2014 1:00pm
Quoting forexalien
{quote} This has come down quite a bit. Use the ADX's on the M5 to end your trade for today, Larger TF's are short still, but a retrace is near and it's always good to lock in profit............ Nice trading ...... {image}
Thanks, botched it after though, still nice week!
  • #6,013
  • Mar 29, 2014 3:27pm Mar 29, 2014 3:27pm
Quoting Salgueiro
Week Results: applying the alien power system, 2 additional indi cators to analyze the price / volume and of course, my personal strategy! Closed trades for gain 3272 pips Open short trades since Asia and LS Market. UP grade 20:00 Eur Aud 3x0,1 +65x3 Up grade 20:00 USD Cad 5x0,05 +26 x5 I'm thinking about if I should close these before close market or let them for monday. The market is now looking for liquidity but the volume is too weak ! Nice weekend for all

EurAUD UPgrade

5 entries closed for gain 534 pips


USDCAD UPgrade
4 entries closed for gain 276 pips

GBPAUD Upgrade

2 entries closed for gain 248 pips
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot2.png Size: 205 KB
Click to Enlarge Name: Screenshot3.png Size: 209 KB
::: Grao a Grao ... :::
  • #6,014
  • Mar 29, 2014 4:11pm Mar 29, 2014 4:11pm
[quote=Mafia;7366075]
Quoting forexalien
{quote}
Correct assumption!
::: Grao a Grao ... :::
  • #6,015
  • Mar 29, 2014 7:03pm Mar 29, 2014 7:03pm
Quoting Salgueiro
{quote} yeah i'm starting to reach the same conclusion and now I am already use H1 with good accuracy, M1,M5 and M15 are also good for many pips but very boring!
I wouldn't say that lower TFs are boring ... That's just a lack of time and concentration that make me looking at the higher ones.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,016
  • Mar 29, 2014 7:38pm Mar 29, 2014 7:38pm
Quoting FerruFx
{quote} Yes but that's the deal. You are risking these 50-100 pips ... but the reward on H4 is worthy.
no doubt and if you have a good strategy putting trailling stop on trade the risk to reward is great!
::: Grao a Grao ... :::
  • #6,017
  • Mar 29, 2014 8:06pm Mar 29, 2014 8:06pm
Quoting FerruFx
{quote} I wouldn't say that lower TFs are boring ... That's just a lack of time and concentration that make me looking at the higher ones.
bored because there is too much noise between bears and bulls and the risk is high to take a decision, for instance ADX loses and gains power minute by minute and you dont know what to do per se. This is the reason why we shouldn't enter trade without prove that small time lead to longer times. That's why i'm now looking for good setups at H1 frame. besides, i dont need to re-enter several times in same trade anymore.

just my opinion
::: Grao a Grao ... :::
  • #6,018
  • Mar 30, 2014 12:26am Mar 30, 2014 12:26am
Quoting Salgueiro
{quote} bored because there is too much noise between bears and bulls and the risk is high to take a decision, for instance ADX loses and gains power minute by minute and you dont know what to do per se. This is the reason why we shouldn't enter trade without prove that small time lead to longer times. That's why i'm now looking for good setups at H1 frame. besides, i dont need to re-enter several times in same trade anymore. just my opinion
Agree.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6,019
  • Mar 30, 2014 3:43am Mar 30, 2014 3:43am
If have only managed to hold on 1 time during ADX expansion to the end so far. But wheen looking at charts, it seems the profit you are able to takewhen you were to hold on consistently outweighs the downside risk. The expansion however works best imo after being well compressed before expanding. Also the rate at which they turn of makes a difference I think, if you see ADX 7/21/42 turn off all together within the space of 3-4 bars its ussually a pretty good correction coming up, whereas all ADX's stopping within 3-4 bars has worked as a pretty decent reversal signal for me so far when looking for bottoms top.

From Alien's tip: When RSIOMA is flat against bottom or top, and ADX looses power.... price is will turn soon, been looking for that one since and its also very good setup.
Great tip again alien
  • #6,020
  • Mar 30, 2014 9:58pm Mar 30, 2014 9:58pm
Quoting jeffmichaels
{quote} Thanks, botched it after though, still nice week!
You Bad , I even gave you the screen shot of Game Off ....! LOL

next time........
The More You Learn, The More You Earn.....
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