Alien's Extraterrestrial Visual Systems

I used to enter after the Ds cross , but most of the times this is the bottom of the first movement and the lower time frames will retrace before it continues, you could still make profit using this entry as i did in the past, but to get a better position i think it's best to wait for the pull back or enter before the cross on the lower time frames.

Another entry EURUSD DS trade H1.

Another entry on the 2nd ADX expansion M1.

Please forgive-me if i'm posting too much.

thanksThiagorosa,as i tried before, enter at 2nd candle after the crossed, at first, the market goes all the way without retracement and i was having nice profit, even roi, then after that when i enter exactly same conditions, the market against me floating more than -50 pips sometimes, perhaps the better way is when DS happen on H1, H4, go down smaller timeframe like 15M - 5 M and enter after retracement. Thanks.
PS. the Euro was a nice setup,

can anyone explain me about exit technic.

Exit at speed 89 or 144 adx power off.If you enter a trade without adx power where gonna be your exit?

Update on my trades
EURJPY out @ BE + some pips
AUDNZD still in -

new trade EURTRY

Monthly
Forming ds trade, stochastics long, adx powering up


W1
stochastics long, adx compression, 8.3.3 looking for bottom


D1
Stochastics short, rsioma crossed 50 lvl, adx no power


H4
Ds forming, 8.3.3 topping, stochastics short in the moment of entry now going up - warning sign,


H1
Rsioma short, adx compression, slow stochastics short 8.3.3 topping now (on h1 i look at slow stochastics 8.3.3 is not that reliable i think),


Now about 80 pips in minus
SL above h1 cloud

NZD/USD Weekly tf
Probably not the best spot to enter shorts cause 8,3,3 sto is at the bottom.

UJ 1H - Entered a little late and exited with TP 130 in the night. There was another DS trade though. Could have been + 250

Still in short on this one from last week. Going south nicely.

Hi Fellow Alien,

I am trying to learn Alien technology, and I didn't post too much. Thanks JPadvisor for encourage me to post . This some of my trade. There is lot of things to learn

I’ve had another go at a DDS indicator that doesn’t repaint. There are three attachments to this post. The first (DDSOriginalPlus) is a version of the original DDS indicator which I have modified so that we can see values in the Data window. In addition to the DDS and the signal line which are shown on the chart, there are two other values in the Data window for this indicator. Value 3 is the variable AA which is the stochastic type calculation in the first loop. Value 4 is the EMA of value 3 which has the variable name MAValue2 in the first loop. I have attached the mq4 file so you can examine the code to make sure that I haven’t changed the calculations in any way.

The second attachment (DDS_NRPT_WithData) is my almost completely re-written indicator. The calculations are the same, but not much else. This only looks back, so doesn’t allow for future price changes when the line is calculated. The look back period is set to be half of the Barcount variable in the input tab for the indicator up to a maximum of 1000 periods. With the default settings the indicator looks back 1000 periods in calculating the equivalent of AA in the original code. As before I haven’t optimised the look back period, but a higher number makes it more stable. This indicator also only shows 2 lines on the chart, but shows the same additional data in the Data window as the first attachment.

To see what happens to these indicators drag them both (after compiling the first attachment) into a 1 minute chart of your choice (preferably one which is moving around a bit) and wait for a bar to close. Make a note of the time of the bar and write down the values in the Data window immediately after close for the bar that has just closed. Wait a few minutes and come back and check the figures for the bar. You will see that values 3 and 4 of the original indicator, and most likely values 1 and 2 have changed. If they haven’t changed then wait a few more minutes. The original indicator is a serial repainter and will continue to repaint as the bar moves across the screen. As you can see the problem is that the variable AA (value 3) for each bar keeps changing. This isn’t an issue if you only trade live and don’t review trades or use the strategy tester, but IMHO this is not a stable indicator.

Hopefully you will see that the data for the new non-repainting indicator haven’t changed at all. I have run the above test on several pairs for a few hours on live data and didn’t see a change on the non-repainting indicators. I have also re-run the data in the strategy tester and got the same figures – unlike the current repainting indicator.

The indicator and signal lines are similar shapes in the repainting and non-repainting indicators and importantly there are still divergences between the non-repainting indicator and the RSIOMA.

The third attachment is another version of the non-repainting indicator without the data in the Data window and on the screen.

If you discover the new versions of the non-repainting indicators are in fact repainting let me know and I will try to find out why.

As before, I post these indicators in case they are useful to others.

Hi Kabir, congrats for your trades. It seems to me though you're taking them not following Alien's indies. Maybe you followed last indi by Nihilist.
Just one advice: try to look at H4 for trend direction and then go down to your Tf to enter trades. First clue to follow Alien technology is the multiTF analysis. Cheers.

Thank you Pemalex for your great job! I will test your new version and see if it has fixed the issue.

ditto.

DB gave me Alien wings some time ago.......................and 5 heads..................

Okay I see what you are meaning. So the original DDS was giving an idealized view and making things very hard to backtest. Also, when we do go back and look at charts, we are no longer wondering why we missed DS cross trades in the past. The reason we missed them is that they weren't there in real time. That could be quite handy.

First screenshot showing NRDS pegged to RSIOMA longer than the original DS.







This could be helpful because if the NRDS is showing a more true picture, then we can look to the x cross on the stoch which simplifies the process. In these charts, things have begun to go bullish on M30, so I would be much more watchful.

I would like to bring up an observation and perhaps a confession , which I have made with regards to my own trading of this system.


Firstly though I would like to mention I have absolutely no trading education other than what I can find online (This thread and FF etc..)
I have been trading for 9 months. I would like to trade indefinitely. However I feel very uncomfortable with rate at which I am learning this system.
I have inconsistent trades. (reducing a 35% deficit in my account to Breakeven. then adding a big pile of pips to that .. until this past month where i have been focused on exams and I lost about 15%) (it is a small account so percentages are accentuated.. risking about 1-2% per trade)

the observation I would like to make is : on demo.. same account size as my live account, I trade with no SL and I have doubled two demo accounts this year.
On my live... I use SL but I am burning my account away. (I dont like the risk of not having a SL)

I believe the reason for this could be... I prefer to trade the Higher TFs but I miss-time my entries on lower TFs so the trade on Demo always comes back to me but on live, I get stopped out fairly early.
I will re-read. (I have not stopped re-reading this thread since January, which is why I feel fairly useless so far.)

I have decided to throw my ego aside and trade only demo until I get this right. I thought I was ready.

I will be making my trade explorer public so perhaps with help, I can find out what I am missing.