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Alien's Extraterrestrial Visual Systems

  • #8,661
  • Nov 6, 2014 2:30pm Nov 6, 2014 2:30pm
My first try on this alien system after just reading 25 pages...

4hour chart of CADJPY

Attached Image (click to enlarge)
Click to Enlarge Name: 4hour.png Size: 281 KB


1hour chart of CADJPY
Attached Image (click to enlarge)
Click to Enlarge Name: 1hour.png Size: 286 KB


Am i doing it right?
  • #8,662
  • Nov 6, 2014 3:28pm Nov 6, 2014 3:28pm
Quoting TheBody
My first try on this alien system after just reading 25 pages... 4hour chart of CADJPY {image} 1hour chart of CADJPY {image} Am i doing it right?
On your 4H chart you use the Delayed stoch for spotting divergence, you shouldn't do that. Use the RSIOMA and green stoch. If that green stochastic makes an actual top where it is now, I agree there is a bearish divergence. There is no BBSqueeze going on yet, and ADX's arent contracting yet. There is no setup here yet, although the lowering peaks in the ADX may indicate the end of the move. There is also a tiny upwards slingshot completing on the RSIOMA-DDS.

On your H1 chart you DO have a BBSqueeze, ADX contracting (except longer ADX, might be a scale issue? you'll come across the setting further down the thread), and a slingshot setup with the RSIOMA-DDS. If that setup gets confirmation on m15 from ADX's, we could be in for an upleg first.

It's far from a full analysis, I didn't open my own charts so I do not know what the daily/weekly look like.

Don't try to predict the future too much. This system works with a number of possible 'setup patterns' that are easily recognized. These do not predict the future, they show a sort of 'tension'. Once you find such a setup, all it takes is a wait for the ADX to start expanding on a lower timeframe. That does mean the system misses the start of moves, but it also means it misses a lot of false starts, which is nice :-)

Keep at it, it's a nice system to trade

Edit : I just checked the actual numbers in your ADX window. You did not fix the scales of the 5 indi's to the same range. This means you'll miss when the ADX's are all very low (contraction), and will make it unclear when they 'fan out'.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #8,663
  • Nov 6, 2014 3:44pm Nov 6, 2014 3:44pm
DS Trade H4 working just fine, 101 pips so far, i was watching it over night.

H4
DS reaching lvl 80 with Rsioma holding on level 20
BBS
ADX contracting

Attached Image (click to enlarge)
Click to Enlarge Name: H4 11-24 06-11.JPG Size: 243 KB


H1
ADX contracting

Attached Image (click to enlarge)
Click to Enlarge Name: H1 11-28 06-11.JPG Size: 236 KB


M30
BBS (just a little dot but it exploded short after this one)
Divergence in 21,10,10 sto
Divergence on DS (but i read the post of Yaysayer above that i should not count this as a reliable divergence)
Divergence on ADX
ADX 42,89,144 reaching lvl 10

Attached Image (click to enlarge)
Click to Enlarge Name: M30 11-30 06-11.JPG Size: 227 KB


M15
BBS
Divergence on 21,10,10 sto
Divergence on Rsioma
Divergence on ADX
All ADX lines reaching lvl 10

Attached Image (click to enlarge)
Click to Enlarge Name: M15 11-32 06-11.JPG Size: 235 KB



H4 DS working 101 pips so far

Attached Image (click to enlarge)
Click to Enlarge Name: worked.JPG Size: 246 KB
  • #8,664
  • Nov 6, 2014 3:54pm Nov 6, 2014 3:54pm
Quoting jpadvisor
{quote} Congrats, you correctly entered at B/O of trendline. We are now in wave 5 of major degree as already posted.

Thanks jpadvisor, i've learned alot from your posts .
  • #8,665
  • Nov 6, 2014 4:01pm Nov 6, 2014 4:01pm
Quoting jpadvisor
Now time to long the JPY!
Hey jpad, this indicator is on the attachments of this thread?
  • #8,666
  • Nov 6, 2014 5:09pm Nov 6, 2014 5:09pm
Quoting yaysayer
{quote} On your 4H chart you use the Delayed stoch for spotting divergence, you shouldn't do that. Use the RSIOMA and green stoch. If that green stochastic makes an actual top where it is now, I agree there is a bearish divergence. There is no BBSqueeze going on yet, and ADX's arent contracting yet. There is no setup here yet, although the lowering peaks in the ADX may indicate the end of the move. There is also a tiny upwards slingshot completing on the RSIOMA-DDS. On your H1 chart you DO have a BBSqueeze, ADX contracting (except longer ADX, might...
Thank you for the feedback, i will continue reading and hopefully ill find the post on how to fix the ADX scale.
  • #8,667
  • Nov 6, 2014 9:12pm Nov 6, 2014 9:12pm
Possible DS Trade Short on m15 EURUSD

M30
7,3,3 sto good separation
BBS starting to form

Attached Image (click to enlarge)
Click to Enlarge Name: M30 01-06 06-11.JPG Size: 230 KB


M15
BBS
DS Reaching the top
Rsioma below the 20 area
Good separation between 21,10,10 and 100,10,10 sto

Attached Image (click to enlarge)
Click to Enlarge Name: M15 00-57 07-11.JPG Size: 207 KB


M5
Divergence on 21,10,10 sto
Divergence on ADX
All ADX contracting

Attached Image (click to enlarge)
Click to Enlarge Name: M5 00-57 07-11.JPG Size: 225 KB
  • #8,668
  • Nov 7, 2014 1:17am Nov 7, 2014 1:17am
DS trade on EURUSD M15 canceled

Rsioma got out of 20 lvl

Attached Image (click to enlarge)
Click to Enlarge Name: Failed M15 05-11 07-11.JPG Size: 237 KB


But the BBS is still on and we have a DS trade forming on M30 with a BBS

Attached Image (click to enlarge)
Click to Enlarge Name: M30 05-14 07-11.JPG Size: 227 KB
  • #8,669
  • Nov 7, 2014 3:55am Nov 7, 2014 3:55am
Quoting Thiagorosa
{quote} Hey jpad, this indicator is on the attachments of this thread?
Here they are, made by our friend Nihilist based on RSIOMA.
You must copy the two files to have it run.
Cheers.
Attached File(s)
File Type: ex4 Nihilist_CSM_mtf_V2.ex4   30 KB | 781 downloads
File Type: ex4 myRSIOMA.ex4   4 KB | 736 downloads
Per aspera ad astra
  • #8,670
  • Nov 7, 2014 7:23am Nov 7, 2014 7:23am
Quoting jpadvisor
{quote} Here they are, made by our friend Nihilist based on RSIOMA. You must copy the two files to have it run. Cheers. {file} {file}
Thanks Jpad , i use alot of Nihilist's indis, i just made some alterations, i got to thanks him too.
  • #8,671
  • Nov 8, 2014 12:20pm Nov 8, 2014 12:20pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 195 KB


Hi folks,
Need help to position my adx meter [ i guess] properly. As you can see in the post (window 2 at the far right) it displays incomplete. much appreciated your help.
tq
  • #8,672
  • Nov 8, 2014 12:26pm Nov 8, 2014 12:26pm
Quoting drmkhan
{image} Hi folks, Need help to position my adx meter [ i guess] properly. As you can see in the post (window 2 at the far right) it displays incomplete. much appreciated your help. tq
if you've set that up using the original post from Alien, it will not work. Search the attachments for nihilists ADX indi, it does the same thing
The game taught me the game. And it didn't spare me the rod while teaching.
  • #8,673
  • Nov 8, 2014 4:45pm Nov 8, 2014 4:45pm
The best system in the world
Could only be an alien, GENIUS, I will study FOCUSING AND ME HAVE 90% OF THE MIND OF A ALIEN
Attached Image (click to enlarge)
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  • #8,674
  • Edited 12:47pm Nov 10, 2014 12:27pm | Edited 12:47pm
M30 BBS Breakout long


M30
Divergence on 21,10,10 sto (almost flat on 20 line)
Divergence on ADX

Attached Image (click to enlarge)
Click to Enlarge Name: M30 06-06 10-11.JPG Size: 228 KB


M15
BBS
Divergence on 21,10,10 sto
Divergence on ADX
ADX contracting below 10 line

Attached Image (click to enlarge)
Click to Enlarge Name: M15 06-08 10-11.JPG Size: 225 KB


M5
Divergence on 21,10,10 sto
Divergence on RSIOMA
ADX contracting below 10 line

Attached Image (click to enlarge)
Click to Enlarge Name: M5 06-10 10-11.JPG Size: 216 KB



BBS breakout, 72 pips so far, i'm waiting for the M15 ADX 89 and 144 turn down so i can get off the trade, but if the 89 and 144 of the M30 turn on in the process, i'll be in the trade until they turn down.

Attached Image (click to enlarge)
Click to Enlarge Name: worked 72 pips.JPG Size: 245 KB
  • #8,675
  • Nov 10, 2014 1:51pm Nov 10, 2014 1:51pm
A little update on USDJPY BBS Breakout Long. (82 pips)

I'm looking at the M30 ADX to get out of the trade now as it got full expantion.

Attached Image (click to enlarge)
Click to Enlarge Name: M30 adx.JPG Size: 262 KB
  • #8,676
  • Nov 11, 2014 4:34am Nov 11, 2014 4:34am
USD/JPY 5 M. - going with the trend.
You see a BBS and a contraction of ADX, so you put two lines at the slopes of the BB and when the price break the upper line and Adx expansion begin you enter the trade.
In this chart we see a X Cross trade just before the BBS and the move of ADX, then two DS trade to continue the trend.
The exit, as for Alien's rule, is only when you see the 89 and 144 ADX turning down.
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.PNG Size: 308 KB
Per aspera ad astra
  • #8,677
  • Nov 11, 2014 4:38am Nov 11, 2014 4:38am
Quoting jpadvisor
USD/JPY 5 M. - going with the trend. You see a BBS and a contraction of ADX, so you put two lines at the slopes of the BB and when the price break the upper line and Adx expansion begin you enter the trade. In this chart we see a X Cross trade just before the BBS and the move of ADX, then two DS trade to continue the trend. The exit, as for Alien's rule, is only when you see that the 89 and 144 ADX turning down. {image}
  • #8,678
  • Nov 11, 2014 5:49am Nov 11, 2014 5:49am
Quoting jpadvisor
USD/JPY 5 M. - going with the trend. You see a BBS and a contraction of ADX, so you put two lines at the slopes of the BB and when the price break the upper line and Adx expansion begin you enter the trade. In this chart we see a X Cross trade just before the BBS and the move of ADX, then two DS trade to continue the trend. The exit, as for Alien's rule, is only when you see the 89 and 144 ADX turning down. {image}
Great stuff as usual, did you take this trade and are you still in the trade?
  • #8,679
  • Nov 11, 2014 6:09am Nov 11, 2014 6:09am
Quoting ShepherdL
{quote} Great stuff as usual, did you take this trade and are you still in the trade?
Yes, my friend, building positions. Have a look also at H4 chart. There is a major Ds ongoing.
Per aspera ad astra
  • #8,680
  • Nov 11, 2014 6:21am Nov 11, 2014 6:21am
Quoting jpadvisor
USD/JPY 5 M. - going with the trend. You see a BBS and a contraction of ADX, so you put two lines at the slopes of the BB and when the price break the upper line and Adx expansion begin you enter the trade. In this chart we see a X Cross trade just before the BBS and the move of ADX, then two DS trade to continue the trend. The exit, as for Alien's rule, is only when you see the 89 and 144 ADX turning down. {image}
This exit using the ADX 89 and 144 is gold, you do actually miss some pips by the time that they turn off, but if you get out early you'll miss alot more.
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