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Alien's Extraterrestrial Visual Systems

  • #15,001
  • Feb 4, 2016 2:16am Feb 4, 2016 2:16am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting ayan
{quote} right sir i never share in this thread
Please don't get me wrong. I have absolutely nothing against you making an EA ... Just it would be more appropriate to open a specific thread to discuss about it.
MT4/MT5 EAs/Indicators/Alerts coder
  • #15,002
  • Feb 4, 2016 4:47am Feb 4, 2016 4:47am
Quoting marcof91
Look at what we could have caught if traded the Alien's hook on USDCAD weekly tf. {image}
RSiOMA daily cross 50 lvl
  • #15,003
  • Feb 4, 2016 8:45am Feb 4, 2016 8:45am
Quoting Fresher
We have a RSIOMA/DDS trade on GN D1 + ADX powering up.
+122 pips.
  • #15,004
  • Feb 4, 2016 11:07am Feb 4, 2016 11:07am
I observed this before.
In the case, you missed a trade. But the worst thing is you may enter a wrong trade if you followed a H4 trend and entered at H1 in the same direction of H4.

How can we avoid a trade which will lose its original trend after we enter?
Can we say we can never avoid this because ADX lags?

Quoting awcharts
{quote} Couple of things to add/to consider: No matter what the criteria are to enter a trade, can we have the EA check for H4 time frame and confirm the direction? Let me give you an example. if a signal came on the 1h chart and the EA is going to make a long trade, have it check h4 time frame and make sure rsioma and sto21 are also in agreement? So, in this example, the EA will not be making a trade because H4 is not in agreement. Also, is it possible for the EA to cancel a trade based on time? if PA does not go in the intended direction after...
  • #15,005
  • Feb 4, 2016 11:13am Feb 4, 2016 11:13am
It is urgent that someone can make an indicator that gives an alert for entering trades. And later, we may make another indicator for alerting the exit.
Quoting FerruFx
{quote} Please don't get me wrong. I have absolutely nothing against you making an EA ... Just it would be more appropriate to open a specific thread to discuss about it.
  • #15,006
  • Feb 4, 2016 11:44am Feb 4, 2016 11:44am
Quoting microsat
It is urgent that someone can make an indicator that gives an alert for entering trades. And later, we may make another indicator for alerting the exit. {quote}
Hi, I don't think is possible to create an EA that take into consideration all the combinations between the three systems (Rsioma and DS; ADX; Stochastics + BBS).
I think is better to test just one system that has a high level of accuracy and than maybe add more features, like Marco and I were discussing earlier.
Per aspera ad astra
  • #15,007
  • Feb 4, 2016 11:56am Feb 4, 2016 11:56am
Let's say about accuracy, to me:
- DS Trades have 70% accuracy;
- ADX compression under 10 and than expansion (eventually with BBS) have 90% accuracy;
- Stoch 100 that goes over 80 or under 20 has 90% accuracy;
- Stoch 8 that goes over 21 or under 21 when 100 is over or under 50 has 80% accuracy;
- Alien's Hook ?
obviously I'm referring to H1 or H4 TFs.
Per aspera ad astra
  • #15,008
  • Feb 4, 2016 12:17pm Feb 4, 2016 12:17pm
This is, instead, how to check the pairs to trade every day. E.C. B= buy S= sell
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura BBS.PNG Size: 57 KB
Per aspera ad astra
  • #15,009
  • Feb 4, 2016 12:34pm Feb 4, 2016 12:34pm
Another example of Alien's Hook. Oil H1.
Attached Image (click to enlarge)
Click to Enlarge Name: CL-MAR16.H1.png Size: 136 KB
Per aspera ad astra
  • #15,010
  • Feb 4, 2016 1:46pm Feb 4, 2016 1:46pm
Quoting eevra
{quote} Ni, Many thanks for your response, but I had already set it to true & viewed, No show !!
Hi,

Update for displaying M1.

BR

Attached File(s)
File Type: mq4 RsiOma_Db_V1_04.mq4   50 KB | 453 downloads
It is not important how often you fall down, but how often you get up again
  • #15,011
  • Feb 4, 2016 5:32pm Feb 4, 2016 5:32pm
Quoting jpadvisor
{quote} Hi, I don't think is possible to create an EA that take into consideration all the combinations between the three systems (Rsioma and DS; ADX; Stochastics + BBS). I think is better to test just one system that has a high level of accuracy and than maybe add more features, like Marco and I were discussing earlier.
Agree, especially also as multi time frame analysis is needed. Way to go is continue to improve dashboards, alert systems etc. A dashboard where you can set the parameters easily to customise.
  • #15,012
  • Feb 4, 2016 6:07pm Feb 4, 2016 6:07pm
Quoting microsat
I observed this before. In the case, you missed a trade. But the worst thing is you may enter a wrong trade if you followed a H4 trend and entered at H1 in the same direction of H4. How can we avoid a trade which will lose its original trend after we enter? Can we say we can never avoid this because ADX lags? {quote}
Actually, I would prefer to miss this particular trade as PA went down quite a bit before it went up. In my opinion, if h1 and h4 signal matches, the odds increase.
  • #15,013
  • Feb 4, 2016 8:33pm Feb 4, 2016 8:33pm
Quoting jpadvisor
Another example of Alien's Hook. Oil H1. {image}
So as I understand the Alien's Hook, it's divergence on 8,3,3 Stoch. Or am I wrong?
  • #15,014
  • Feb 5, 2016 2:13am Feb 5, 2016 2:13am
EU h1 DS slingshot trade developing BUY
BBS
RSIOMA on daily enter 80 which is buy signal
maybe wait for ADX expansion
creating wave 5 before a move down
Attached Image (click to enlarge)
Click to Enlarge Name: EUh1slingshot.jpg Size: 277 KB
  • #15,015
  • Edited 4:40am Feb 5, 2016 4:22am | Edited 4:40am
Quoting Fresher
{quote} So as I understand the Alien's Hook, it's divergence on 8,3,3 Stoch. Or am I wrong?
Hi Fresher,
it's much more than that.

"when price is rolling over by looking at the stochastics slow rolling over and when you see that 8,3,3 hook up and back down, it's normally a great sign of the final move long and then back down". (Alien)
So it's a sign of exhastion of the trend.

To me there are two components to configure it:
1) - the slingshot of 8,3,3 does not reach the top or bottom and then it goes back down with 21;
2) - price make a last HH (or LL) but you can detect divergence.

I dare say it is a reversal sign and you can use it in two ways, i.e.:
exiting from an ongoing trade at top without losing pips or entering in the direction of the reversal.
Cheers.
Per aspera ad astra
  • #15,016
  • Feb 5, 2016 4:34am Feb 5, 2016 4:34am
Hi, this is an example of using the Stoch. 100,10,10 to scalp a trending market.
EU 15M.
You enter the trade when Stoch. 100 overcome the 80 line and exit when it leaves the 80 line. In the middle you can add more positions at the bottoms of each 8,3,3 slingshot.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 125 KB
Per aspera ad astra
  • #15,017
  • Feb 5, 2016 4:49am Feb 5, 2016 4:49am
Quoting keeley
EU h1 DS slingshot trade developing BUY BBS RSIOMA on daily enter 80 which is buy signal maybe wait for ADX expansion creating wave 5 before a move down {image}
Hi, this is to remember where to enter in a DS trade (slingshot on RSIOMA).
EU H1 -
When Ds crosses his signal line going toward RSIOMA is the best entry point. Rarely it fails.
Today though there is NFP so TWT.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 124 KB
Per aspera ad astra
  • #15,018
  • Feb 5, 2016 4:58am Feb 5, 2016 4:58am
Quoting jpadvisor
This is, instead, how to check the pairs to trade every day. E.C. B= buy S= sell {image}
can you post your template file
  • #15,019
  • Feb 5, 2016 5:02am Feb 5, 2016 5:02am
Quoting jpadvisor
{quote} Hi, this is to remember where to enter in a DS trade (slingshot on RSIOMA). EU H1 - When Ds crosses his signal line going toward RSIOMA is the best entry point. Rarely it fails. Today though there is NFP so TWT. {image}
Hi JP,
thanks for the comment,
i learn this system for 6 month, now on i will post all of my finding, as i trade for real account now and a comment reply is very important to me...
  • #15,020
  • Feb 5, 2016 5:03am Feb 5, 2016 5:03am
Quoting saad007
{quote} can you post your template file
Sure thing!
You're welcome.
Attached File(s)
File Type: tpl ADX-JP-DASH.tpl   407 KB | 561 downloads
Per aspera ad astra
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