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Alien's Extraterrestrial Visual Systems

  • #14,421
  • Dec 28, 2015 4:25am Dec 28, 2015 4:25am
Quoting todamoon
{quote} Thank you for explanation and another thank you for keeping this tread alive! Why Alien is no longer present on such interesting system discussion? Btw - nice moto!
As far as I know he's busy doing an intergalactic journey sharing his awesome system over the space. From time to time however he'll be back here to look after his sons.
Attached Image
Per aspera ad astra
  • #14,422
  • Dec 28, 2015 9:20am Dec 28, 2015 9:20am
Quoting ebitalebi
This is how I find my setups maybe you can use the similar approach to find good setups. I only trade 18 pairs + gold and silver. so everyday I look at 20 charts. but I have a profile to arrange them for me to be easily interpreted. the profile is attached. as you can see I only look at Rsioma for finding setups. I am a day trader so most of the time I start with H4 and go down. If h4 is below 20 and sloping down or at least flat (not rising) it is a down trend signal for me. vice versa for up trends. then I go down to h1. if the Rsioma is below...
Hi Ebitalebi,
thanks for sharing your setup.
I need a bit of confirmation from you on - " If h4 is below 20 and sloping down or at least flat (not rising) it is a down trend signal for me. vice versa for up trends ..... "

By vice versa , you meant that for up trends , the levels to watch for is 80 ! right ?

Would appreciate your response,

thx
  • #14,423
  • Dec 28, 2015 9:32am Dec 28, 2015 9:32am
hello everyone,

i'm thinking about start the journery of this thread and learn this system, but before i would like to ask some questions to the traders who follow this method (more experienced you are, better is), to have a panoramic idea on what it's offered and clear some points:

- what is the succed rate of this system?

- which one would be the succed rate with a risk - reward of 1 - 2?

- do you use this as your only method? if not, why?

- i prefer to trade on timeframes of h1, using daily and h4 to identify the trend, would this system suite me? (i would not go on TFs faster than h1)

- how many trades do you get monthly?

thanks you very much for your attention and a big, very special thanks to everyone who will care to answer. Bye

V.
  • #14,424
  • Dec 28, 2015 12:54pm Dec 28, 2015 12:54pm
Shorted GN because RSIOMA on 4h was sticking below 20 and sto8 just crossed 21 and 100; while 1h was sloping down and all stos were sloping down
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GN 1h.PNG Size: 74 KB
Click to Enlarge Name: GN 4h.PNG Size: 74 KB
  • #14,425
  • Dec 28, 2015 4:10pm Dec 28, 2015 4:10pm
Hey,hey,hey!
I'm back!
What did i miss?
Work smarter,not harder
  • #14,426
  • Dec 28, 2015 4:25pm Dec 28, 2015 4:25pm
Quoting ebitalebi
Hello everyone. I've been here a while but haven't been active and preferred to read the threads and find my answers there. But I decide to become active in this thread because I think it is different. I don't mean that other threads are not useful (I learned lots of things from James16 thread, THV Cobra, etc) but this Alien have answers to the problems that I've been struggling years to find answers to. It has a sound philosophy behind every point. it is far beyond a simple pattern recognition or trend following systems you find here on FF. This...
Thank you my friend!
This is what i'm trying to explain to the people that come here but they get turned off because of the indis and his complexity.
Attached Image (click to enlarge)
Click to Enlarge Name: ebitalebi.PNG Size: 52 KB
Work smarter,not harder
  • #14,427
  • Dec 29, 2015 2:21am Dec 29, 2015 2:21am
Hello Alien traders,

I've found it quite helpful practicing on the AUD/CAD pair, scalping and long term trading entries. Hopefully by the time this pair finishes with it's climb upward I'll have this trading method ingrained in my memory.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD.JPG Size: 310 KB


Still need to follow the checklist on what to look for, problem I seem to have is sitting on my hands waiting for the set up to develope, fortunately knowing where this pair is going doesn't leave me with a huge draw down. What an easy method this is.... I love it !!!

MTPockets
  • #14,428
  • Edited 10:16am Dec 29, 2015 4:08am | Edited 10:16am
Quoting vincent82
hello everyone, i'm thinking about start the journery of this thread and learn this system, but before i would like to ask some questions to the traders who follow this method (more experienced you are, better is), to have a panoramic idea on what it's offered and clear some points: - what is the succed rate of this system? - which one would be the succed rate with a risk - reward of 1 - 2? - do you use this as your only method? if not, why? - i prefer to trade on timeframes of h1, using daily and h4 to identify the trend, would this system suite...
Hi Vincent,
this is an example on how to get a R:R of 1/5 or even more with this system.
Dax Cfd 5M - I entered long yesterday @10690 at late NY session seeing a DS forming on RSIOMA, the beginning of a new expansion on ADX and Sto. 8,3,3 going over the lime one whilst Sto. 100,10,10 was already over 80 line. I had a ST of 20.
This morning the preopening was long and I moved to BE and put TP @ 10800.
Dax continued long and after other 30 minutes the target was hit: + 110 p. (x 5 contracts).
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The winning rate for the system is at least 80%. You can easily reach a RR of I/2 or 1/3 or even more if you become experienced with the most powerful Alien's setups.
As far as me I use on Indices and Oil TFs from 1M to 1H and for gold and forex TFs from H1 to Daily with entry at 5M.
Try the system on demo and then when you double your account you are ready to go live.
Just my two cents.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX-MAR16.M5.png Size: 128 KB
Per aspera ad astra
  • #14,429
  • Edited 5:10am Dec 29, 2015 4:27am | Edited 5:10am
Quoting MTPockets
Hello Alien traders, I've found it quite helpful practicing on the AUD/CAD pair, scalping and long term trading entries. Hopefully by the time this pair finishes with it's climb upward I'll have this trading method ingrained in my memory. {image} Still need to follow the checklist on what to look for, problem I seem to have is sitting on my hands waiting for the set up to develope, fortunately knowing where this pair is going doesn't leave me with a huge draw down. What an easy method this is.... I love it !!! MTPockets
Hei MTPokets,
you're doing well. I see two Ds trade ongoing in your H1 and H4. The trend is screaming long on Daily and ADX are with you: Hope you are still in, at least untill all DS play out. Cheers
Per aspera ad astra
  • #14,430
  • Dec 29, 2015 4:44am Dec 29, 2015 4:44am
This is a good opportunity for tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura oil.PNG Size: 24 KB
Per aspera ad astra
  • #14,431
  • Dec 29, 2015 9:21am Dec 29, 2015 9:21am
Quoting MTPockets
Hello Alien traders, I've found it quite helpful practicing on the AUD/CAD pair, scalping and long term trading entries. Hopefully by the time this pair finishes with it's climb upward I'll have this trading method ingrained in my memory. {image} Still need to follow the checklist on what to look for, problem I seem to have is sitting on my hands waiting for the set up to develope, fortunately knowing where this pair is going doesn't leave me with a huge draw down. What an easy method this is.... I love it !!! MTPockets
I haven't used the indicator on your chart which notifies you of Slingshot DS trades, but it appears to be off. It lists a sell when clearly a buy is forming. It would be nice if it worked correctly.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD.JPG Size: 483 KB
Follow the money --Mark Felt (Deepthroat)
  • #14,432
  • Dec 29, 2015 9:25am Dec 29, 2015 9:25am
Quoting vincent82
hello everyone, i'm thinking about start the journery of this thread and learn this system, but before i would like to ask some questions to the traders who follow this method (more experienced you are, better is), to have a panoramic idea on what it's offered and clear some points: - what is the succed rate of this system? - which one would be the succed rate with a risk - reward of 1 - 2? - do you use this as your only method? if not, why? - i prefer to trade on timeframes of h1, using daily and h4 to identify the trend, would this system suite...
1) This system works 90% of times, basically it helps me to filter out the real orders in market (if you know markets reacts to limit orders)...... by this system 50% of time you will move with market and 50% of time you will have to sit on your hands and let market solve out its puzzle.
2) (risk -reward) i try to make minumum loss as much as possible, many times my risk- reward is less then 1-1, because for me it dependds on markets conditions (experience).
3) I do use this system with orderflow to filter out the real orders. it helps me to hunt with sniper (pin point the perfect entry and exit).
4) I trade mostly on 1m or m5 but do check higher timeframes some times. yes you can trade h1 with this system sucessfully with that yours risk-reward ratio 1 ot might be 2
5) numbers of trades depends on time frames.
In the court of lord, only love and devotion is counted...
  • #14,433
  • Dec 29, 2015 9:34am Dec 29, 2015 9:34am
Quoting longfellow
{quote} I haven't used the indicator on your chart which notifies you of Slingshot DS trades, but it appears to be off. It lists a sell when clearly a buy is forming. It would be nice if it worked correctly. {image}
most of us here dont use thoes indicator because it shows wrong info many times.
In the court of lord, only love and devotion is counted...
  • #14,434
  • Dec 29, 2015 9:46am Dec 29, 2015 9:46am
Quoting eevra
{quote} Hi Ebitalebi, thanks for sharing your setup. I need a bit of confirmation from you on - " If h4 is below 20 and sloping down or at least flat (not rising) it is a down trend signal for me. vice versa for up trends ..... " By vice versa , you meant that for up trends , the levels to watch for is 80 ! right ? Would appreciate your response, thx
Yes. IF RSIOMA is above 80 and rising or at least flat you have a strong uptrend.
  • #14,435
  • Dec 29, 2015 9:58am Dec 29, 2015 9:58am
Quoting marcof91
{quote} Thank you my friend! This is what i'm trying to explain to the people that come here but they get turned off because of the indis and his complexity. {image}
I appreciate your kindness but don't thank me we should all thank Alien. This system has a sound and yet simple philosophy behind it. for example one of the safest strategies that you can trade is 1-find a strong trend 2-find when and where the trend reduces its speed 3- get on trend when it is going to accelerate again. Being aware of each of these steps is like having Holy Grail. but
The Alien system has more than enough tools for you to signal each step. what else do you want? which other free systems do you know that can give you all of this information with such a high winning rate?
  • #14,436
  • Dec 29, 2015 10:17am Dec 29, 2015 10:17am
Quoting vincent82
hello everyone, i'm thinking about start the journery of this thread and learn this system, but before i would like to ask some questions to the traders who follow this method (more experienced you are, better is), to have a panoramic idea on what it's offered and clear some points: - what is the succed rate of this system? - which one would be the succed rate with a risk - reward of 1 - 2? - do you use this as your only method? if not, why? - i prefer to trade on timeframes of h1, using daily and h4 to identify the trend, would this system suite...
as other guys mentioned it has at least 80%. (4 out of 5 trades will be a success). you should also pay attention to Sharpe ratio.(the average amount you risk to gain profit). I only trade A+ signals and most of the time it gives me 2 times the amount of stop loss. so the real Risk Vs Reward ratio for this system is 1:7. (assume you had 5 trades. 4 wins and on lose. with each win you gain 20$ which equals 80$ for the one lost trade you lose 10$) so after 5 trades you have gained 70$ (80$-10$) and risked only 10$. that is how to calculate RR ratio based on Sharpe ratio. your goal should be to increase the Sharpe ratio. (it means less risks). let me give you another example to understand the concept of risk. in the example above. if we had a system which would give us 1:1 we had 4X20$ winners and 1X20$ losers. let's calculate the Sharpe ratio. out of 5 trades you gained 60$(80$-20$) and risked 20$ to gain that so your real RR would be 1:3!
If you trade only the +A setups you will have opportunities to set a tight stop like a scalper and ride the big trends like a swing trader.
  • #14,437
  • Dec 29, 2015 10:38am Dec 29, 2015 10:38am
Quoting nadiyakinare
{quote} most of us here dont use thoes indicator because it shows wrong info many times.
I don't pay any attention to that Indi.. I just haven't removed it from the template yet.

MTPockets
  • #14,438
  • Dec 29, 2015 10:41am Dec 29, 2015 10:41am
Hi, this is my 23 pairs + Gold template.
This is the H4 and I prefer to show all three window without price to easy find setups on them.
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4.png Size: 298 KB
Attached File(s)
File Type: tpl 23pairs andGold H4.tpl   591 KB | 581 downloads
Per aspera ad astra
  • #14,439
  • Dec 29, 2015 10:53am Dec 29, 2015 10:53am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting jpadvisor
... and I prefer to show all three window without price to easy find setups on them.
Funny! That's exactly how I look at higher TFs ... No price ... That's the beauty of this system!
MT4/MT5 EAs/Indicators/Alerts coder
  • #14,440
  • Dec 29, 2015 10:59am Dec 29, 2015 10:59am
Quoting FerruFx
{quote} Funny! That's exactly how I look at higher TFs ... No price ... That's the beauty of this system!
You saying you do use Alien's System for your trading?
Per aspera ad astra
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