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Alien's Extraterrestrial Visual Systems

  • #11,761
  • Edited 4:55am Apr 24, 2015 4:42am | Edited 4:55am
[quote=kutlarvadisi;8226370]
Quoting heispark
{quote} They are DS trades. DS was forming at 1H and every stuff at 5/15M were moving up above 50 level. Also, I read candles and PA for confirmation. Pesonally, i believe DS beats other setups in performance and i think i would trade DS exclusively from now on. Hope it makes sense to you.[/quote thaaaaanks but how you get out from the trade ???
I exit at decent S/R or S/D. Also, often market moves 50, 100, 150, 200 pips interval. (Perhaps for booking purpose). For example, when price reaches 50 pips, it often consolidates before it moves to next direction. More details, i recommand you to visit and read Trading Made Simple thread....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,762
  • Apr 24, 2015 5:16am Apr 24, 2015 5:16am
DS is in progress

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and this is setting up :

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  • #11,763
  • Apr 24, 2015 5:47am Apr 24, 2015 5:47am
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Squeeze - Rainbow - 833 - Pot of gold 55 pips
  • #11,764
  • Apr 24, 2015 6:05am Apr 24, 2015 6:05am
Quoting Squiggles
{image}Squeeze - Rainbow - 833 - Pot of gold 55 pips
BTW these setups can be found in this location
Attached Image
  • #11,765
  • Apr 24, 2015 7:40am Apr 24, 2015 7:40am
Quoting Squiggles
{quote} BTW these setups can be found in this location {image}
Have you ever heard of Martin Cole?

Reminds me of his "Accumulation -> Manipulation -> Profit Release" setup.. good stuff.
  • #11,766
  • Apr 24, 2015 7:45am Apr 24, 2015 7:45am
Trying to take a page out of Alien's "Zero-risk entry" book:

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This was a chart he posted a few years ago while still refining the system, but I think the stochs and ADX on a couple timeframes make up the bulk of the logic for a "zero-risk" trade.. ??

Anyway, my intepretation and attempt at scalping 10 easy and quick pips on GBPCHF:

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15m was confirmation with 8,3,3 above 80 and green stoch was also above 80.. and blue stoch was below 50 but heading up..
also ADX just powered up and RSIoma was long above 80 too.
  • #11,767
  • Apr 24, 2015 7:50am Apr 24, 2015 7:50am
Quoting FXKabab
{quote} Have you ever heard of Martin Cole? Reminds me of his "Accumulation -> Manipulation -> Profit Release" setup.. good stuff.
Yes I know him well, retired now, grazing out in NZ. As you probably know all that VSA stuff is lost in FX apart from maybe stopping volume on M1 but ADX is a great replacement
  • #11,768
  • Apr 24, 2015 7:52am Apr 24, 2015 7:52am
I also went a little crazy on USDCAD last night..

but, why put 1 position on 10 different pairs if you could put 10 positions on 1 really good setup?

USDCAD had the 4hr DS crossing over to the downside with ADX powering up short, the blue stoch was riding below 20 with the 8,3,3 joining it and the green stoch turning down from the top..

The h1 had a rubberband on the stochastics and ADX powered up and short with RSIoma below 20

I eventually went down to the 1m and started entering positions based on divergence and multiple stochastics topping out..

I added some more pending sells before bed near an area that support would be broken...

And this is the result:

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+544 pips to start the weekend with
  • #11,769
  • Apr 24, 2015 7:56am Apr 24, 2015 7:56am
Quoting Squiggles
{quote} Yes I know him well, retired now, grazing out in NZ. As you probably know all that VSA stuff is lost in FX apart from maybe stopping volume on M1 but ADX is a great replacement

Hmm, I'm not familiar with stopping volume..
I never understood how VSA applied to a non-centralized market either.. guess you need special volume feeds to use it properly?

I just liked Martin's free videos on YouTube.. they helped a lot and turned on many lights, but I never used his software.
  • #11,770
  • Apr 24, 2015 8:54am Apr 24, 2015 8:54am
What happened to cause this? -70 in under an hour, just put my long back to square one.
CADJPY
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I take my eye off the trade for a couple of hours...
  • #11,771
  • Apr 24, 2015 9:07am Apr 24, 2015 9:07am
Quoting anima999
What happened to cause this? -70 in under an hour, just put my long back to square one. CADJPY {image} I take my eye off the trade for a couple of hours...

Looks like US news at 8:30 did it. The US news always manipulates the market in some way. The trend will resume, just need to watch indicators for add/ re-entery point.
  • #11,772
  • Apr 24, 2015 9:09am Apr 24, 2015 9:09am
Quoting FXKabab
I also went a little crazy on USDCAD last night.. but, why put 1 position on 10 different pairs if you could put 10 positions on 1 really good setup? USDCAD had the 4hr DS crossing over to the downside with ADX powering up short, the blue stoch was riding below 20 with the 8,3,3 joining it and the green stoch turning down from the top.. The h1 had a rubberband on the stochastics and ADX powered up and short with RSIoma below 20 I eventually went down to the 1m and started entering positions based on divergence and multiple stochastics topping...
Nice trade. I almost took the short on that, nevermind.
Is that indicator on the right hand side a shortcut for bringing up charts for the different pairs or does it just show which pair you're on?

Quoting Profit Daily
{quote} Looks like US news at 8:30 did it. The US news always manipulates the market in some way. The trend will resume, just need to watch indicators for add/ re-entery point.
Thanks, CAD news due in a couple of mins. I doubt the market reaction will be strong enough to push it all the way north again but hopefully might just stop it....on the other hand it may just throw petrol on the fire.
  • #11,773
  • Apr 24, 2015 9:51am Apr 24, 2015 9:51am
Quoting anima999
What happened to cause this? -70 in under an hour, just put my long back to square one. CADJPY {image} I take my eye off the trade for a couple of hours...
I would say that this move was caused because of profit taking, it's friday....
  • #11,774
  • Apr 24, 2015 11:58am Apr 24, 2015 11:58am
Quoting FXKabab
If anyone uses Alien's "TrendChannel.ex4" indicator.. you might have noticed that it deletes all your chart drawings if you switch TFs or pairs. At least that was the case for me when I put it on my chart today.. a bit frustrating, so I made a fix (attached). I also changed the BBsqueeze light default parameters so if you use it in the RSIoma/Delayed Stoch window, it will always sit on the 50 line instead of floating about as the scale changes (also attached)... I tried doing this to the original BBSqueezeDark indicator for those who use that one...
Thank you so much, mate. How to get rid of the little histogram at bottom of RSIOMA window? Noticed you haven't.
Per aspera ad astra
  • #11,775
  • Apr 24, 2015 12:21pm Apr 24, 2015 12:21pm
Quoting forexalien
{quote} AU M5 and M1 are fighting each other.................it will range for a while..............
Hi forexalien, couple pages back you mentioned that 15-30 min in the morning and in the evening is all is needed and here you are watching M5/M1?
Actually I guess the answer is that you watched these cause higher tf's showed you an interesting opportunity.. Right? I actually read something like that in this thread.. Ok..
Just wanted to simplify my trading and loved the 15-30m 2x day idea. Oh well, maybe I wanted too much.
Markets wispers, just tune in.
  • #11,776
  • Apr 24, 2015 12:56pm Apr 24, 2015 12:56pm
Quoting anima999
{quote} Nice trade. I almost took the short on that, nevermind. Is that indicator on the right hand side a shortcut for bringing up charts for the different pairs or does it just show which pair you're on?
Both.
  • #11,777
  • Apr 24, 2015 12:59pm Apr 24, 2015 12:59pm
Quoting jpadvisor
{quote} Thank you so much, mate. How to get rid of the little histogram at bottom of RSIOMA window? Noticed you haven't.
I removed the histogram from the code in my "RSIOMA Light"
You can find it in the attachments, orrr.. I think FerruFX mentioned a hack before that you can just change the window min/max properties to hide the histogram? I think you just have to change window minimum from "-10" to "0" on the original RSIOMA indicator.
  • #11,778
  • Apr 24, 2015 2:47pm Apr 24, 2015 2:47pm
How to catch reversals with Alien systems with my approach
Learn something from here if you want or need

Look for divergences on higher tfs,on this example of GBP/NZD pair, the daily tf was the clue.
1st clue - BBS on daily tf and H4 tf,H1 tf had BBS at wave 2.
2nd clue - Look for the respectives divergences on higher tfs and then on lower tfs.
3rd clue - Go to H1 tf and wait for 21 sto and RSIOMA crossing 50 level with ADX power (conservative entry)
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Have a nice weekend.
Work smarter,not harder
  • #11,779
  • Apr 24, 2015 6:56pm Apr 24, 2015 6:56pm
Quoting marcof91
How to catch reversals with Alien systems with my approach Learn something from here if you want or need Look for divergences on higher tfs,on this example of GBP/NZD pair, the daily tf was the clue. 1st clue - BBS on daily tf and H4 tf,H1 tf had BBS at wave 2. 2nd clue - Look for the respectives divergences on higher tfs and then on lower tfs. 3rd clue - Go to H1 tf and wait for 21 sto and RSIOMA crossing 50 level with ADX power (conservative entry) {image} {image} {image} Have a nice weekend.
Great tip, Marcof! Two thumbs up.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,780
  • Apr 25, 2015 1:45am Apr 25, 2015 1:45am
Please alien system masters,must we wait for all the ADX to light up before opening a position or is there a case where we don't have to wait for all of them,some one please answer me.
I know no single trade can make me or break me
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