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Alien's Extraterrestrial Visual Systems

  • #15,061
  • Edited 5:52am Feb 8, 2016 5:39am | Edited 5:52am
Hi JPAD
can you told me about EU?
i open buy position at 1.1177

Daily RSIOMA breaking 80
ADX 7, 21, 42, 89 expansion

but now it takes me drawdown a little bit
Attached Image (click to enlarge)
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  • #15,062
  • Feb 8, 2016 5:45am Feb 8, 2016 5:45am
Quoting pphuong
Quite often, a powerful move happens and we notice it late. At this point, everything is pointing downwards, what should we do in this situation? Jump in or wait for for a retracement? {image}
To me it's going more down. Wiser it's always to wait for a pullback. On H1 we seem to have a Ds short but not very clear. Stochs are faster and 8,3,3 is bottoming now. It should turn up and then down again for a XCross. So a pullback is near.
Per aspera ad astra
  • #15,063
  • Feb 8, 2016 6:00am Feb 8, 2016 6:00am
Working on EG H4 with Stoc. 100.
Attached Image (click to enlarge)
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Per aspera ad astra
  • #15,064
  • Feb 8, 2016 6:04am Feb 8, 2016 6:04am
Thanks Fresher and jpadivsor for the input.
  • #15,065
  • Feb 8, 2016 6:14am Feb 8, 2016 6:14am
Quoting keeley
Hi JPAD can you told me about EU? i open buy position at 1.1177 Daily RSIOMA breaking 80 ADX 7, 21, 42, 89 expansion but now it takes me drawdown a little bit {image}
Hi, it seems you took a buy when 8,3,3 was at top and also ADX were almost at top scale. Better is to enter in a retracement.
On Rsioma though it looks like a type of DS.
As for earlier post on H1 we had a Alien's Hook short and DS long there failed.
We have to look into higher TF and make a EWP count to see where we are. Maybe later I'll try a count.
Per aspera ad astra
  • #15,066
  • Feb 8, 2016 6:19am Feb 8, 2016 6:19am
Quoting lind
{quote} Many thanks Marco, As I'm using you template it was my taught as well. As I have couple of shorts under water I hope this move will happen rather soon....

If you are still holding your shorts on GJ,it's coming back to you.

MTF analysis rules!
Work smarter,not harder
  • #15,067
  • Feb 8, 2016 6:21am Feb 8, 2016 6:21am
Quoting pphuong
Quite often, a powerful move happens and we notice it late. At this point, everything is pointing downwards, what should we do in this situation? Jump in or wait for for a retracement? {image}
Ah, I remember Alien saying to count waves, we should jump in on wave 3 - money wave
  • #15,068
  • Feb 8, 2016 6:28am Feb 8, 2016 6:28am
Quoting jpadvisor
Working on EG H4 with Stoc. 100. {image}
Curious why you exited on the area marked "Exit 1" rather than entering a 6th trade on the next candle, as that would be what an EA would have done?

Please pardon my curiosity as I've read up to pages 311, and still trying to put a lot of the pieces together. Not very familiar with the stochastic yet.
  • #15,069
  • Feb 8, 2016 7:06am Feb 8, 2016 7:06am
Great trending markets today.
We have a short H1 AUDUSD DS trade on right now with M15, H1 and H4 ADX expansion.
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  • #15,070
  • Feb 8, 2016 7:57am Feb 8, 2016 7:57am
Quoting pphuong
Great trending markets today. We have a short H1 AUDUSD DS trade on right now with M15, H1 and H4 ADX expansion. {image}
GBP/JPY today almost touched 200 ema, but it didn't
it was a clear move after LON open , worth the risk!
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  • #15,071
  • Feb 8, 2016 9:41am Feb 8, 2016 9:41am
Quoting pphuong
{quote} Curious why you exited on the area marked "Exit 1" rather than entering a 6th trade on the next candle, as that would be what an EA would have done? Please pardon my curiosity as I've read up to pages 311, and still trying to put a lot of the pieces together. Not very familiar with the stochastic yet.
Hi, this is where our brain (umans or alien) comes into play. With 6 entries I thought to close half at exit 1 (when Sto. 21 turned down 80 line) and the other half at exit 2.
Per aspera ad astra
  • #15,072
  • Feb 8, 2016 10:33am Feb 8, 2016 10:33am
Quoting jpadvisor
{quote} Hi, it seems you took a buy when 8,3,3 was at top and also ADX were almost at top scale. Better is to enter in a retracement. On Rsioma though it looks like a type of DS. As for earlier post on H1 we had a Alien's Hook short and DS long there failed. We have to look into higher TF and make a EWP count to see where we are. Maybe later I'll try a count.
A possible EWP count on EU Weekly.
Attached Image (click to enlarge)
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Per aspera ad astra
  • #15,073
  • Feb 8, 2016 3:40pm Feb 8, 2016 3:40pm
EURUSD manual work
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  • #15,074
  • Feb 8, 2016 6:15pm Feb 8, 2016 6:15pm
A little backtesting between RSIOMA and 100 sto.
100 sto gives less signals but trades for longer.
RSIOMA gives more signals but also more losers.

100 sto gave +712 pips on this scenario overall while RSIOMA gave +690 pips.
Not much difference but on topping/bottoming RSIOMA could enter on 80/20 lv thus making EA making the trade and turning out a loser.
It's just a thought...and a very simple idea to build a EA based on this.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Work smarter,not harder
  • #15,075
  • Feb 8, 2016 6:31pm Feb 8, 2016 6:31pm
Quoting marcof91
A little backtesting between RSIOMA and 100 sto. 100 sto gives less signals but trades for longer. RSIOMA gives more signals but also more losers. 100 sto gave +712 pips on this scenario overall while RSIOMA gave +690 pips. Not much difference but on topping/bottoming RSIOMA could enter on 80/20 lv thus making EA making the trade and turning out a loser. It's just a thought...and a very simple idea to build a EA based on this. {image} {image}
Hi Marco, we could try To exit on Rsioma At The turn of D.S. that is faster To react.With Sto. 100 The exit could be At The turn of 21.This Way we could grab more pips.
Per aspera ad astra
  • #15,076
  • Feb 8, 2016 7:18pm Feb 8, 2016 7:18pm
Hi Bentley,

I used your EA on a demo to see what kind of signals it gives out. So far its pretty good.
Since I am not a coder so I dont know how to look it up from your EA; do excuse me.

What exactly is the trigger for the signal? is it when sto 8 crosses other sto speed?

I ask because I saw a few signals and the stos lines were at different levels doing different things.

also, is this for h1 or other time frame?

Thanks.
  • #15,077
  • Feb 8, 2016 10:16pm Feb 8, 2016 10:16pm
Quoting jpadvisor
{quote} A possible EWP count on EU Weekly. {image}
Hi JP
weekly maybe continue d EWP count

yesterday H4 slingshot on stochastic play his rule...
already quit trade with 40+ pips
Attached Image (click to enlarge)
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  • #15,078
  • Edited 1:17am Feb 9, 2016 12:21am | Edited 1:17am
Quoting marcof91
A little backtesting between RSIOMA and 100 sto. 100 sto gives less signals but trades for longer. RSIOMA gives more signals but also more losers. 100 sto gave +712 pips on this scenario overall while RSIOMA gave +690 pips. Not much difference but on topping/bottoming RSIOMA could enter on 80/20 lv thus making EA making the trade and turning out a loser. It's just a thought...and a very simple idea to build a EA based on this. {image} {image}
Hi,

For the stoch 100 i made a small indicator to do some statistics.
Take a clean chart and add stoch indi.
Then add this indi.

Just checking the 20 and 80 crosses on bar close values and drawing the vertical lines.
Lime open trade , red close trade.
The indi runs only once and gives over the calculated bars(parameter) the total pips, number of loss trades and number of win trades.

Remarks/improvements are welcome.

BR

Attached File(s)
File Type: mq4 AA_Stoch_100_Sym.mq4   7 KB | 419 downloads
It is not important how often you fall down, but how often you get up again
  • #15,079
  • Feb 9, 2016 4:18am Feb 9, 2016 4:18am
Quoting marcof91
A little backtesting between RSIOMA and 100 sto. 100 sto gives less signals but trades for longer. RSIOMA gives more signals but also more losers. 100 sto gave +712 pips on this scenario overall while RSIOMA gave +690 pips. Not much difference but on topping/bottoming RSIOMA could enter on 80/20 lv thus making EA making the trade and turning out a loser. It's just a thought...and a very simple idea to build a EA based on this. {image} {image}
Hello Marco did u take note of the ADX during your backtest.
I know no single trade can make me or break me
  • #15,080
  • Feb 9, 2016 4:26am Feb 9, 2016 4:26am
Quoting bigpip
{quote} Hello Marco did u take note of the ADX during your backtest.
No,i only backtested this simple system. The more indis you add,more difficult is to build an EA. I'm not on computer now but later will backtest what JP said. I wish i was a coder to build this thing and beyond...
Work smarter,not harder
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