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Alien's Extraterrestrial Visual Systems

  • #11,781
  • Apr 25, 2015 6:28am Apr 25, 2015 6:28am
Quoting bigpip
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.
Depends on your appetite for risk. Stochs give you direction, RSIoma gives you trend, ADX tells you momentum i.e. how far for how long.
  • #11,782
  • Apr 25, 2015 6:31am Apr 25, 2015 6:31am
Quoting bigpip
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 won't give you the answer because it is already explained on the thread.
But i will let you find the answer.
See this post.
Work smarter,not harder
  • #11,783
  • Apr 25, 2015 9:19am Apr 25, 2015 9:19am
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.
In the court of lord, only love and devotion is counted...
  • #11,784
  • Apr 25, 2015 11:08am Apr 25, 2015 11:08am
Looking at charts. NU getting ready for a trip north?
  • #11,785
  • Apr 25, 2015 12:02pm Apr 25, 2015 12:02pm
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.
Big hi to all Aliens here, I am star-trecking my way through this wonderful thread, a looooong way to go as yet, just wanted to touch base as I have been lurking in the galaxy for a couple of weeks now..... thank you to the Master for his wonderful work here, your input Marco is also a great help to me and I am sure to many other's here so a big hello and thank you to you may the stars be with you.
  • #11,786
  • Apr 25, 2015 1:56pm Apr 25, 2015 1:56pm
Quoting raiders
Looking at charts. NU getting ready for a trip north?
IMHO not yet.
Weekly has DS,BBS and looks like a X cross on the stos is coming.
Daily tf has bearish divergence (already mentioned that before on this post).
H4 tf has a bearish butterfly pattern which could push 21 sto daily down for the upcoming X cross on weekly tf.
And then on the X cross (if happens ), i would look for possible buy setups on lower tfs.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDmicroWeekly.png Size: 65 KB

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDmicroH4.png Size: 81 KB
Work smarter,not harder
  • #11,787
  • Apr 26, 2015 12:09am Apr 26, 2015 12:09am
Quoting anima999
{quote} Depends on your appetite for risk. Stochs give you direction, RSIoma gives you trend, ADX tells you momentum i.e. how far for how long.
Thanks a lot for the summary.
I know no single trade can make me or break me
  • #11,788
  • Apr 26, 2015 12:11am Apr 26, 2015 12:11am
Quoting marcof91
{quote} I won't give you the answer because it is already explained on the thread. But i will let you find the answer. See this post.
Thanks alot for your direction,i 've now read and re-read the post
I know no single trade can make me or break me
  • #11,789
  • Apr 26, 2015 12:40am Apr 26, 2015 12:40am
Please i was forward testing this system and had some problems,can someone kindly analyze AUD\USD entering on daily timeframe 11th March 2015 for me,where is the exit supposed to be
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 54 KB
I know no single trade can make me or break me
  • #11,790
  • Apr 26, 2015 4:50am Apr 26, 2015 4:50am
Quoting bigpip
Please i was forward testing this system and had some problems,can someone kindly analyze AUD\USD entering on daily timeframe 11th March 2015 for me,where is the exit supposed to be{image}
Quick Question.
your text says "AUD/USD"
Your image shows USD/CAD at 11/03/2015

do you mean USD/CAD or AUD/USD?
"Pain + Reflection = Progress"-Ray Dalio
  • #11,791
  • Apr 26, 2015 7:44am Apr 26, 2015 7:44am
I BIG thank-you to forexalien for his years of ingenious thought, dedication and generousity in developing this system !!!!
Without a doubt, the most generous alien we know !!
Also, thanks to marcof91 for his inid rar file and pdf synopsis which I am reading thoroughly.
Thank-you to marcof91, FXKabab, heispark for the indis they have created to accompany this amazing system.
I wish us all the best of luck in our forex trading !!
Darren

Attached Image
*Warning* Rookie forex trader! Approach with Caution!
  • #11,792
  • Apr 26, 2015 9:36am Apr 26, 2015 9:36am
Quoting Antares23
{quote} Quick Question. your text says "AUD/USD" Your image shows USD/CAD at 11/03/2015 do you mean USD/CAD or AUD/USD?
I'm so sorry,meant USD/CAD,though was the same scenario in AUD/USD just the opposite direction,thanks
I know no single trade can make me or break me
  • #11,793
  • Apr 26, 2015 11:49am Apr 26, 2015 11:49am
anyone know where i can find that adx meter in the right corner? just the meter though.
  • #11,794
  • Apr 26, 2015 12:18pm Apr 26, 2015 12:18pm
Quoting raiders
anyone know where i can find that adx meter in the right corner? just the meter though.
raiders

The indi was created by FXKabab.
There are 2 versions, the second one is adjustable L/R, U/D
The first link is the explanation, the second is v2.

http://www.forexfactory.com/showthre...64#post8152564

http://www.forexfactory.com/showthre...30#post8154030

Darren
*Warning* Rookie forex trader! Approach with Caution!
  • #11,795
  • Apr 26, 2015 1:13pm Apr 26, 2015 1:13pm
EJ
On my watchlist for this week.
H4 tf should cycle one more time back down to bring 8,3,3 sto of daily tf down for a x cross to the upside.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYmicroDaily.png Size: 60 KB
Click to Enlarge Name: EURJPYmicroH4.png Size: 61 KB
Work smarter,not harder
  • #11,796
  • Apr 26, 2015 1:21pm Apr 26, 2015 1:21pm
Quoting raiders
anyone know where i can find that adx meter in the right corner? just the meter though.
You can find it in the attachments of the thread in the right corner and then customize it.
Per aspera ad astra
  • #11,797
  • Edited 7:43pm Apr 26, 2015 7:17pm | Edited 7:43pm
I have a question. How do you find edge in using HA candle instead of conventional bar or Japanese candles? I don't find much comment about HA candle in this thread. It's believed HA candle color continues for 3-8 bars before it changes the color (therefore, entry at one or two bar with same color closed is the safest). Is this counted in your trading strategy? Simply, why and how do you use HA candle?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,798
  • Apr 26, 2015 8:18pm Apr 26, 2015 8:18pm
Quoting heispark
I have a question. How do you find edge in using HA candle instead of conventional bar or Japanese candles? I don't find much comment about HA candle in this thread. It's believed HA candle color continues for 3-8 bars before it changes the color (therefore, entry at one or two bar with same color closed is the safest). Is this counted in your trading strategy? Simply, why and how do you use HA candle?
I think that because this is a visual system, the HA candles just make the trend easier to see and analyze at a glance..

I don't think there's any rules about 3-8 candles before colour change or entering at the 1st or 2nd candle change (as per TMS rules)... though maybe that would be ideal in some situations.

But, I don't even think I've seen HA candle colour mentioned in any entry criteria.. so I believe it's just a visual aid.
  • #11,799
  • Apr 26, 2015 8:35pm Apr 26, 2015 8:35pm
Quoting FXKabab
{quote} I think that because this is a visual system, the HA candles just make the trend easier to see and analyze at a glance.. I don't think there's any rules about 3-8 candles before colour change or entering at the 1st or 2nd candle change (as per TMS rules)... though maybe that would be ideal in some situations. But, I don't even think I've seen HA candle colour mentioned in any entry criteria.. so I believe it's just a visual aid.
Thank you FXKabab for your quick feedback!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11,800
  • Apr 26, 2015 8:51pm Apr 26, 2015 8:51pm
Quoting Dcc66
{quote} raiders The indi was created by FXKabab. There are 2 versions, the second one is adjustable L/R, U/D The first link is the explanation, the second is v2. http://www.forexfactory.com/showthre...64#post8152564 http://www.forexfactory.com/showthre...30#post8154030 Darren
thank you
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