Attachments: Alien's Extraterrestrial Visual Systems

Alien's Extraterrestrial Visual Systems

#12,341
May 20, 2015 4:43pm May 20, 2015 4:43pm

Crooky
| Joined Jun 2014 | Status: Trader | 123 Posts

Quoting anima999

Disliked

I know its the end of the trading day but I just went long on GJ off the M15 DS crossover. {image} RSIoma pinned up, Stochs rising, ADX expansion in higher TFs. The only thing that makes me nervous is the resistance in H4 hence a very small lot size. {image} {image} It would have been better to wait for the D1 ADX7 but happy to take a short term trade with small lot and SL placed. {image}

Ignored

RE GJ:
Based on what you show I would agree BUT, I know this stuff doesn't get mention too much here
There is a lot if indecision at the moment,
Weekly - 4 previous green weeks up with divergence on the weekly RSIOMA, and 21.10.10
Daily - double top with a small doji after the high on Monday - and a red candle closing below the doji
H4 - a doji red candle ending Wednesday's trading
H1 - A doji on the high at 19:00 chart time with a red candle closing below

I will be waiting on this one to see if PA break the previous high

The more I learn the more I don't know

#12,342
May 20, 2015 6:29pm May 20, 2015 6:29pm

bobbyspider
| Joined Oct 2014 | Status: Trader | 54 Posts

Quoting Pemalex

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I attach the indicator and 3 screenshots of the old indicator which repaints (in the middle of the chart window) and this indicator (on the bottom) which I dont believe does.

Ignored

wow I'm impressed! for someone who claims little knowledge of mt4 and with only 8 posts, you're quite helpful in answering my DDS Stochastic question!!

#12,343
Edited 8:19pm May 20, 2015 7:54pm | Edited 8:19pm

heispark
Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts

Quoting Pemalex

Disliked

On reflection I wasnt happy with my last post as it sounded as though I knew what would happen if the DS didnt re-paint. I didnt - it was just an educated guess. So I have tried to use my very limited knowledge of MQL4 to slightly adjust the DDS indicator so that it only looks back when calculating the DS for a bar. I have added one more input called ScalingFactor which defaults to 10. Im not suggesting this is the perfect value, but it seems about right. The lookback period for the stochastic in the first loop is ScalingFactor * Pds or in the default...

Ignored

Thank you!!

By the way, could you please have a look at the following picture? It's EJ H1. Even at real time, your DS (lower one) looks quite different.... Why is that? (both used default settings)

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Simplicity is the ultimate sophistication - Leonardo da Vinci

#12,344
May 20, 2015 9:07pm May 20, 2015 9:07pm

bobbyspider
| Joined Oct 2014 | Status: Trader | 54 Posts

just curious is there a post somewhere that explains how to set up the ADX to look like everyone else's charts? i've loaded templates from users of this method but it never sets up the ADX like in the pictures posted.. thanks

#12,345
May 20, 2015 9:33pm May 20, 2015 9:33pm

forexalien
Joined Nov 2012 | Status: Trader | 13,922 Posts

Quoting Crooky

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{quote} I have been in this the H4 high on the 15th I am now more often than not looking for H4 entries - less stress, less watching and when you get to know the pair you can reload on the H1 and H4 pullbacks Also, this pair more often than not has an H1 pullback generally peaking at about 07:00-08:00 chart time (2:00 pm eastern Aust time.) It is a very reliable entry.

Ignored

Nice find ............

The More You Learn, The More You Earn.....

#12,346
May 20, 2015 9:37pm May 20, 2015 9:37pm

forexalien
Joined Nov 2012 | Status: Trader | 13,922 Posts

Quoting Pemalex

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{quote} Hi jmn5611 I probably am over thinking things it wouldnt be the first time! But I am new to the Alien system and trying to get comfortable with it all. I dont want to go on about it, and would stress that the DS slingshot seems to work well live and when there hasnt been a new high or low, but there are lots of examples in this thread of charts like EU daily below. I have marked the old DS slingshots on the chart as you know many people do this. This chart seems to confirm to my inexperienced eyes that the DS works well on EU daily it...

Ignored

Only take the trade when DS is in the 20 or 80 level and the RSIoma is opposite it, and if the RSioma climbs out of the 20 or 80 level, exit the trade is the safest, but many imperfect DS trades go for many pips anyway.....................you will have to learn it...........

The More You Learn, The More You Earn.....

#12,347
May 20, 2015 9:41pm May 20, 2015 9:41pm

forexalien
Joined Nov 2012 | Status: Trader | 13,922 Posts

Quoting sandrafay

Disliked

Hi Pemalex, My first post on the thread, first post on the forum and very new to MT4 so basically I'm an accident waiting to happen, lol. I used the strat tester to tick through history up to certain dates relevant to the highlighted areas on your chart above, wondering if in real time just how would they have been printed. Data starts at Jan 1 2012 and I stepped up the tester to the dates noted. Anyone can confirm this, and probably should as I am definitely one of the noobs you speak of. Yes, they do print differently in real time compared to...

Ignored

I like your comment of................It's gunna take time before I sync up solid. This is a very true statement............

Thanks for posting........

The More You Learn, The More You Earn.....

#12,348
May 20, 2015 9:46pm May 20, 2015 9:46pm

forexalien
Joined Nov 2012 | Status: Trader | 13,922 Posts

Quoting jpadvisor

Disliked

{quote} Hi Master, this is my count for USD/CAD Weekly. I know you like very much to play it short. To me after a five waves sequence we already had A wave of ABC correction and we are going up to B. All Aliens can see the DS that came with wave 3 and 5 and by now it seems that another is coming for the B wave. As always, time will tell. {image}

Ignored

Thanks for posting , I do love to short it because it is so far from parity. I do agree with your point B, the stochastics are forming a possible X CROSS trade that would be your point B.............

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The More You Learn, The More You Earn.....

#12,349
May 20, 2015 9:54pm May 20, 2015 9:54pm

forexalien
Joined Nov 2012 | Status: Trader | 13,922 Posts

Quoting Pemalex

Disliked

{quote} Hi Sandrafay thanks for the post and taking the time to use the strategy tester to see if the repainting affects the screen shots. I am also new to the MT4 platform and havent tried the strategy tester yet so cant say how it works. As I said in the earlier posts I have seen the DS live and know they can be powerful. My issue is when a trade doesnt work out and I review the charts for something I have missed I worry that any DS may be imaginary. Also I want to review my performance and see what I could have done better. I guess we can only...

Ignored

The only way you can get better is to post the DS trade and practice, and only then confidence will come............

The More You Learn, The More You Earn.....

#12,350
May 20, 2015 11:19pm May 20, 2015 11:19pm

jmn5611
Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts

Quoting Pemalex

Disliked

On reflection I wasnt happy with my last post as it sounded as though I knew what would happen if the DS didnt re-paint. I didnt - it was just an educated guess. So I have tried to use my very limited knowledge of MQL4 to slightly adjust the DDS indicator so that it only looks back when calculating the DS for a bar. I have added one more input called ScalingFactor which defaults to 10. Im not suggesting this is the perfect value, but it seems about right. The lookback period for the stochastic in the first loop is ScalingFactor * Pds or in the default...

Ignored

Impressive contribution Pemalex. I will run it in my template and see how it behaves.

If you are good at something, never do it for free--Joker

#12,351
May 20, 2015 11:32pm May 20, 2015 11:32pm

jmn5611
Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts

Quoting marcof91

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{quote} Just my observation since i learned this system. If there isn't a good separation between DS with RSIOMA,check if 100 sto is in the right place (20 lv for short and 80 lv for buy). RSIOMA is more prone to move because his period is smaller than 100 sto. Remember that 100 sto is 21 sto of higher tf. {image}

Ignored

Yes, this what I mean by looking to other components of the system. What I find myself doing is looking hard at why I should not take this trade if I see the DS separate from the RSIOMA. I do require the RSIOMA to be in the right place for a long or a short, but if the picture is not crystal clear, I will look to the stochs to see if I can get a more clear picture. If that fails, I just wait.

If you are good at something, never do it for free--Joker

#12,352
May 21, 2015 12:07am May 21, 2015 12:07am

jmn5611
Joined Oct 2012 | Status: Trade Small, Win Big | 4,988 Posts

Here is an example of a DS slingshot in process. I am using the no repaint DDS to keep up with current improvements on the indies of the Alien system.

The good stuff is obvious. DS with clear separation from the RSIOMA, which remain below 50.

The bad is that we are in a BB squeeze here. And there is a wide demand zone that is being well respected thus far.

I would play this by waiting for the 8,3,3 stoch to cross the 21 to the down side. The ADX matrix should be powering up by then.

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If you are good at something, never do it for free--Joker

#12,353
May 21, 2015 8:56am May 21, 2015 8:56am

hann2
| Joined Mar 2015 | Status: Trader | 21 Posts

Took this 1H DS short trade with small profit. Still holding with sl set to BE.

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Keep Learning And Go Green

#12,354
May 21, 2015 9:24am May 21, 2015 9:24am

smnitro1
| Joined Feb 2007 | Status: Trader | 132 Posts

DS vs. X cross on the UsdJpy 1 hr. Lower timeframes to confirm?

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#12,355
May 21, 2015 11:10am May 21, 2015 11:10am

tarco
| Joined Feb 2009 | Status: Trader | 125 Posts

Have not posted in a long time but have read through this thread for the second time. Finally I am getting it. The thing that helped me was understanding the stochastics as they run through the different timeframes. Seeing the ADX expand and compress in the correct time frames confirms you are on right side of trade. The good moves look the same. Thanks Alien and all contributors, have a long way to go but getting there.

#12,356
May 21, 2015 12:05pm May 21, 2015 12:05pm

anima999
| Joined Jan 2015 | Status: Trader | 438 Posts

Quoting Crooky

Disliked

{quote} RE GJ: Based on what you show I would agree BUT, I know this stuff doesn't get mention too much here There is a lot if indecision at the moment, Weekly - 4 previous green weeks up with divergence on the weekly RSIOMA, and 21.10.10 Daily - double top with a small doji after the high on Monday - and a red candle closing below the doji H4 - a doji red candle ending Wednesday's trading H1 - A doji on the high at 19:00 chart time with a red candle closing below I will be waiting on this one to see if PA break the previous high

Ignored

A sub optimal trade, I got lucky. Currently at +70ish. I'm not in front of my computer at the moment so can't check the Indies but with that resistance broke I think ill keep it going till tomorrow London open with a SL at BE and re-assess.

#12,357
May 21, 2015 12:40pm May 21, 2015 12:40pm