Alien's Extraterrestrial Visual Systems
{quote} Hi, this is going against you. This is my H4 where the channel seems to be breaking. Rsioma went over 50= long. Stoch. 100 abandoned the bottom and is over 20. Stoch. 8,3,3 failed to bottom out on your trade and is going up for a new push higher. I have to review your charts for they are not like mine. {image}
Hi all, I made an update of the RsiOma_DB. I added the M5 RsiOmo crossing the 80 level upwards or the 20 level downwards. In total 5 parameters are added to the DB: Calculation will be done every M5 bar M5_RsiOma_Crossing_Enabled = true/false, enable or disable the function. b80Level = true/false, if true, the M15, H1 and H4 values must be above 80 level and the M5 value must crossing 80 level. if false, the M15, H1 and H4 value must be above 50 level and all three must be ascending M5 still the same NbrOfBarsForCrossing = If this parameters has...
... If you don't I have a request for you please have a look on my attached chart , where i try to show you how RSIOMA indicator will be more helpful for me or hope for some other trader's too .
{quote} First of all it is not my system. It is Alien's system. I'm just using it. Now your questions: 1. A good retracement usually should move below 50 then comes back. but I prefer anything between 60-40. Remember that Rsioma is after all like RSI oscillator and anything above 50 is still in the bulls zone and is not a perfect sign of an oversold area. 2. If all higher time frames are above 80 the signal is more valid unless it is given at the final stages of wave 5. But let me explain a bitter reality fact. 1- Entering early with less than optimal...
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.
{quote} Bravo JP WTI looks likes create bigger new wave 2
{quote} Hi Sniper. Could you please elaborate your EWP count on WTI ? Thanks.
Hey JpadCan you please tell me which broker you use as my cart looks different then of yours Regards {image}
Actually I don't understand the Alien's hook. What is its definition? When we look for the Alien's hook pattern, should we not consider ADX 89 or 144? For example, in the second Alien's hook, the ADX 89 and 144 just powered up. Since I don't know the exact definition of the Alien's hook, I don't know whether the first Alien's hook is valid or not. How can we distinguish a true Alien's hook ( reversal signal) from a faked Alien's hook ( pullback only)? For example, the hook at 22 Jan 01:01 (pullback only) and the hook at 8 Jan 13:00 (reversal) how...
{quote} Hi Jpad, this is the retracement trade that i called some days ago, i made some profit with the H1 going short and entered after some adx retracement, but the DS were dropping very fast below rsioma and found the bottom first on each cycle, the DS trade on H4 is looking very bad, but it still could work because the 89 and 144 ADX speeds on D1 are still climbing fast, the H1 will give us the answer as it's making the 3rd top to finally go down or stay there to reverse. Another possible answer is the H4 making the first top now for a D1 DS...
