Alien's Extraterrestrial Visual Systems | Page 746 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CRB Alien!! 215 replies

MT5 indicators for Alien’s trading systems 40 replies

Visual backtest result different from non-visual backtest 0 replies

Systems, Systems and Systems... 1 reply

“Alien Infector,” an MT4 script idea 2 replies

Attachments: Alien's Extraterrestrial Visual Systems
Exit Attachments

Alien's Extraterrestrial Visual Systems

  • #14,901
  • Jan 27, 2016 1:50am Jan 27, 2016 1:50am
Quoting dadadada
Quoting ebitalebi
{quote} Thanks emonts for your indicator. This is the chart of EUR/CHF and the trade that I took 6 hours ago. the signal was based on the same concept of multiple time frames alignment. It worked. However if you pay attention you can see another signal after the first one which is not a A+++ signal but there is a cross between m5 and m15 and both are heading north. can you figure out a way that your indicator signals different setups based on their quality. for example give 4 types of signals :"A+++" h4-m15 are above 80
...
Sorry I used wrong terms here. I should have used different names. I was referring to the signals I explained in the previous post. When I said A+ I meant: when H4-H1 are above 80 and pointing up or at least flat and both green and blue are above 50 and heading north. (This is only about the quality of MTF Rsioma not the combined signal from Rsioma, ADX, and Stochastics).
  • #14,902
  • Jan 27, 2016 1:56am Jan 27, 2016 1:56am
Look at AUD/USD an alignment of H4-M5 is very probable.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Size: 64 KB
  • #14,903
  • Jan 27, 2016 7:24am Jan 27, 2016 7:24am
This is the power of going with the big trend. Another signal. So far 4 times of my stop.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFM5 27-1.png Size: 91 KB
  • #14,904
  • Jan 27, 2016 7:43am Jan 27, 2016 7:43am
Those who play trends know that when a fast MA crosses a slow MA it is a great entry signal. However in choppy ranging market these crosses will kill you. As all of you know the building block of Rsioma is moving averages. One thing is surprising. When you look back you see whenever the blue Rsioma (5 min) crosses one of the slow ones the price will follow the signal most of the time. The signal is more strong if it is in the direction of H4 and H1. Also some times M5 Rsioma crosses M15-H1-H4 at the same point.
This is not a new system or any improvement to it because it is already perfect.
I think it is one of the extraterrestrial secrets of Alien.
  • #14,905
  • Jan 27, 2016 7:54am Jan 27, 2016 7:54am
Quoting ebitalebi
Look at AUD/USD an alignment of H4-M5 is very probable. {image}
Remember the first signal 5 hours ago. Here is the 5 hours later chart. Believe in Alien guys.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5 27-1.png Size: 79 KB
  • #14,906
  • Jan 27, 2016 9:52am Jan 27, 2016 9:52am
Some indicators in the alien's system are lagging such as ADX and RSIOMA.
My question is whether you still consider them when you use this system for alien hook pattern, slingshot pattern, X-cross pattern etc.

For alien hook pattern or slingshot , do you wait for ADX power to build up?

If you wait for the ADX power, sometimes the ADX will power up and two bars later the ADX power disappear or the trend direction change with the ADX power up. How would you handle this kind of situation?

If we use divergence for reverse signal, it comes earlier than RSIOMA. So when a divergence signal comes, should we wait for RSIOMA confirmation or not?
If not, how to avoid a false divergence signal in a strong trend? Same question for the Alien's hook. How to avoid it in a strong trend?

Thank you very much.
  • #14,907
  • Jan 27, 2016 10:14am Jan 27, 2016 10:14am
Hi Aliens,
it seems that I found an Alien's Hook on Gold H4. Let's see how it goes.
We earlier saw other two that were both on H1 (Oil and UC).
As you know they are signs of exhaustion of a trend that should be confirmed from other clues like divergences.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.H4.png Size: 135 KB
Per aspera ad astra
  • #14,908
  • Jan 27, 2016 10:28am Jan 27, 2016 10:28am
Quoting microsat
Some indicators in the alien's system are lagging such as ADX and RSIOMA. My question is whether you still consider them when you use this system for alien hook pattern, slingshot pattern, X-cross pattern etc. For alien hook pattern or slingshot , do you wait for ADX power to build up? If you wait for the ADX power, sometimes the ADX will power up and two bars later the ADX power disappear or the trend direction change with the ADX power up. How would you handle this kind of situation? If we use divergence for reverse signal, it comes earlier than...
Hi Microsat,
as you know every indicator is lagging. The faster to react to me are Stochs.
This system is built with three systems in one for this reason. As Alien said you can play just with one system, like the RSIOMA and DS and trade only the Ds slingshots, or you can trade only following the Stochs moves and crosses or the momentum trading with the ADX compressing and expanding.
Everyone of the three can give you a good accuracy.
If you study and apply all togheter you can achieve an accuracy of 80% that is quite high and MM will make the difference.
To me every pattern you indicated can give you at last 100 p. on H1 or H4 and you can find the safest entry according to your risk tolerance.
Cheers.
Per aspera ad astra
  • #14,909
  • Jan 27, 2016 10:39am Jan 27, 2016 10:39am
USD/CHF H1 Buy signal. Worth considering.
Good signs: Green sto is coming up. 100,10,10 sto coming back to 80 level. Rsioma hust crossed 50 level. 8,3,3 sto cut the green one and went north. There is a BB squeeze. H4-Monthly are all up.

Bad signs: No ADX confirmation yet. Divergence between price and black sto. There was an Alien's hook 20 bars left to the signal.
  • #14,910
  • Jan 27, 2016 10:48am Jan 27, 2016 10:48am
Quoting ebitalebi
{quote} Remember the first signal 5 hours ago. Here is the 5 hours later chart. Believe in Alien guys. {image}
Hey Ebitalebi, how do you manage to write on vertical lines with MT4? Thanks.
Per aspera ad astra
  • #14,911
  • Jan 27, 2016 10:59am Jan 27, 2016 10:59am
Quoting ebitalebi
Those who play trends know that when a fast MA crosses a slow MA it is a great entry signal. However in choppy ranging market these crosses will kill you. As all of you know the building block of Rsioma is moving averages. One thing is surprising. When you look back you see whenever the blue Rsioma (5 min) crosses one of the slow ones the price will follow the signal most of the time. The signal is more strong if it is in the direction of H4 and H1. Also some times M5 Rsioma crosses M15-H1-H4 at the same point. This is not a new system or any improvement...
From how long you are using this cross over of risoma system, And what is it,s win/loss ratio.
How much sl and tp tou use? is it fixed or support and resistance zones or any other.
  • #14,912
  • Edited 4:11pm Jan 27, 2016 11:05am | Edited 4:11pm
USD/CAD
Divergence was there but rsioma never made the confirmation,still dropping...
Screenshot will be posted later.
Meanwhile,grabbed 150 pips on H4 DS short on GA,entered when PA created a DS on H1 also.
EDIT: Here's the screenshot of UC.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADmicroH4.png Size: 52 KB
Work smarter,not harder
  • #14,913
  • Jan 27, 2016 11:19am Jan 27, 2016 11:19am
Quoting jpadvisor
{quote} Hey Ebitalebi, how do you manage to write on vertical lines with MT4? Thanks.
Double click on the line to make it active. then right click on it and select vertical line properties. Type anything you want in the middle box which has "Description" caption. You're welcome.
Attached Image (click to enlarge)
Click to Enlarge Name: Vertical line.png Size: 69 KB
  • #14,914
  • Jan 27, 2016 11:24am Jan 27, 2016 11:24am
I will be looking for new signs of exhaustion on Oil H1. Big moves ahead with FOMC.
Attached Image (click to enlarge)
Click to Enlarge Name: CL-MAR16.H1 2.png Size: 139 KB
Per aspera ad astra
  • #14,915
  • Jan 27, 2016 11:26am Jan 27, 2016 11:26am
Quoting ebitalebi
{quote} Double click on the line to make it active. then right click on it and select vertical line properties. Type anything you want in the middle box which has "Description" caption. You're welcome. {image}
Thanks.
Per aspera ad astra
  • #14,916
  • Jan 27, 2016 11:30am Jan 27, 2016 11:30am
Took this sling shot on M15, all other TFs are in line except H4.
Attached Image (click to enlarge)
Click to Enlarge Name: eg.png Size: 167 KB
  • #14,917
  • Jan 27, 2016 11:46am Jan 27, 2016 11:46am
Quoting Sargent
{quote} From how long you are using this cross over of risoma system, And what is it,s win/loss ratio. How much sl and tp tou use? is it fixed or support and resistance zones or any other.
Too many questions at once.
1- I have been using multiple time frame Rsioma alignment for about 6 month. It is very very reliable especially when combined with the power of ADX for momentum.
The cross idea is new and needs more testing. But during my visual back testing I saw 4 types of M5 Rsioma behaviors which are surprisingly accurate:
A- Whenever it approaches the 80 line when most of the others are above 80.
B- Whenever it crosses the 50 line and moves in the direction of others
C- Whenever most of the higher time frames are above 80 and M5 goes down and suddenly in a V shape move comes back.
D- Whenever it crosses others. (this one gives not only nice trend following signals but also nice trend reversal signals)
2- I stated before but on average you win 4 out of 5 trades and you will be given opportunity to move your SL to break even 9 out of 10.
3- I use swing high/low and daily pivot zones and Fibonacci zones for my stop loss. but I place it somewhere that when it hits it shows me that the probability of going the opposite direction is higher. (for example beyond Fibbonaci 61.8 or 78.6). after that I calculate the amount of lot based on the percent I want to risk on that particular trade.
4- Then I enter. I move to Break Even as soon as price moves the amount of my stop loss. Then I trail it. If I have time I use swing low/high method for trailing manually If not I use a fixed amount of trailing stop and let MT4 does it for me. Exiting based on 89 and 144 ADXs is also a safe way of not leaving too much money on the table.
5- Some times I take part of my profit and let the remaining run and trail them base on higher time frames swings. This way you have a chance to ride a 500 pip trend with the initial stop of 20.

That's it. If you have any questions feel free to ask.
Regards
  • #14,918
  • Jan 27, 2016 2:33pm Jan 27, 2016 2:33pm
Thanks for the secret weapon its very useful. My question is the trade you took at the top of the page in post#14905. The first signal according the your rules of having all rsioma above 80. it seems even though your higher tf rsioma were above the 14 was fading?I was a little confused? Thanks
  • #14,919
  • Jan 27, 2016 3:28pm Jan 27, 2016 3:28pm
Quoting g-unit
Thanks for the secret weapon its very useful. My question is the trade you took at the top of the page in post#14905. The first signal according the your rules of having all rsioma above 80. it seems even though your higher tf rsioma were above the 14 was fading?I was a little confused? Thanks
Nice question. One of the best and safest way to trade a trend is to wait for a retracement then enter the trade as soon as you see momentum in the direction of the main trend. In the above picture 14 Rsioma went down then it goes up a little and then failed to go up and goes down again. That point where the Rsioma goes up a little gives a false entry singnal. (with a 15-22 sl even that signal made at least 40-50 pips profit). Also if you look back at the left side you will see another buy signal when the Rsioma 14 crosses the 50 line.

About the first signal: I wouldn't take it because: 1- Green sto was going down (I usually try to be in the direction of this Indicator)
2- Stochastic 100,10,10 was also moving down. 3- there was an obvious divergence between price and sto 8,3,3

So I would ignore the 1st signal, and take the 2nd and 3rd signal.

There are also other ways to enter a trend. One of the interesting ones was introduced by Thiagorosa. He uses ADX to find retracements and points of entry when the trend gains momentum again. (ADX is a very poweful indicator don't underestimate its power).

I prefer Rsioma M5 combined with ADX power up for entry.

You can also use a 8 period CCI to find retracement point. Whenever during an uptrend cci falls down to -100 your retracement is confirmed. then when it comes out of -100 to 0 line its a buy signal.

The same can be done with force index and 0 line.
Any oscillator can show you the oversold areas during an uptrend it depends on your choice. But as I said before I prefer using Rsioma which is a trend indicator hidden inside an oscillator.
  • #14,920
  • Jan 27, 2016 4:15pm Jan 27, 2016 4:15pm
Hi Ebitalebi, wery good works! I work backtest. Thanks. [quote=ebitalebi;8715578]{quote} Too many questions at once. 1- I have been using multiple time frame Rsioma alignment for about 6 month. It is very very reliable especially when combined with the power of ADX for momentum. The cross idea is new and needs more testing. But during my visual back testing I saw 4 types of M5 Rsioma behaviors which are surprisingly accurate: A- Whenever it approaches the 80 line when most of the others are above 80.
7 traders viewing now