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Alien's Extraterrestrial Visual Systems

  • #15,101
  • Feb 10, 2016 4:27pm Feb 10, 2016 4:27pm
Quoting marcof91
{quote} Nice approach too... One question: what would be the exit? Adding the adx for exit or RSIOMA?
This approach is not complete and needs optimizing. but overall its goal is to catch a move to the direction of the main trend as early as possible. sometimes 50 line is a good trigger and sometimes you should react sooner but I'm sure with an indicator that can show crosses as well as the steep of the Rsioma we can find a way which numbers and situations are more accurate.

What would be the exit? well this is the main question. I think ADX can be a good mechanical option. but it is better to manage the exits manually because we are trading trends and by managing manually you can collect more pips than mechanical exits like ADX slope.
If we can build an indicator that gives us signals with more than 66% percent accuracy we can find a way to manage its exits. I think for the beginning stages of building that indicator or EA we should focus only on the quality of the entry signals rather than exit strategies.
  • #15,102
  • Feb 10, 2016 5:58pm Feb 10, 2016 5:58pm
Quoting emonts
{quote} Hi, I will have a look at it. Will plan this in the coming weekend. Edit: Had a quick look and made an indi just drawing vertical lines at the setup bars. Green up, red down. Indi works for TF's: M5, M15 and H1. Indi calls "RsiOma Light". First impression it looks promising. BR {file} {file}
  • #15,103
  • Feb 10, 2016 7:11pm Feb 10, 2016 7:11pm
Quoting jpadvisor
{quote} Hi Shoen, You found a good setup on EA. A DS trade on Monthly, weekly and Daily. At that point you have to pinpoint your entry. If you trade the Daily is right to find the entry on H4. But on H4 everything was topping (Rsioma, Adx and 8 Stoc.) and a retracement was in the cards. Best is always to enter on a pullback going down also to 15 or 5 M. chart to take the best point if you have a good setup on higher TF. As far as for your TP it's very subjective but if you entered on Daily Alien suggests to stay in the trade untill ADX 89 and/or...

Thanks for the reply,as you said it is right now in retracement, and i will enter again after a bottom is found in h4 tf but iam not good at trading lower timeframes and have decided to stay away from them until i attain sufficient experience
  • #15,104
  • Feb 10, 2016 10:53pm Feb 10, 2016 10:53pm
hi aliens
alien system ea works realy good here is my runing trades
Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4.png Size: 100 KB
  • #15,105
  • Feb 10, 2016 11:46pm Feb 10, 2016 11:46pm
Quoting emonts
{quote} Hi, I will have a look at it. Will plan this in the coming weekend. Edit: Had a quick look and made an indi just drawing vertical lines at the setup bars. Green up, red down. Indi works for TF's: M5, M15 and H1. Indi calls "RsiOma Light". First impression it looks promising. BR {file} {file}
Thanks alot will test it as soon as I have access to my pc
  • #15,106
  • Feb 11, 2016 12:56am Feb 11, 2016 12:56am
Quoting emonts
{quote} Hi, I will have a look at it. Will plan this in the coming weekend. Edit: Had a quick look and made an indi just drawing vertical lines at the setup bars. Green up, red down. Indi works for TF's: M5, M15 and H1. Indi calls "RsiOma Light". First impression it looks promising. BR {file} {file}
Fantastic work emonts thanks.

So far it seems the indicator's signals are more valid on m15 and h1 which is expected as m5 has more noise.
The other option is the 50 line after the cross of the Rsiomas. if we can filter the signal in a way that its color change whenever the fast Rsioma crosses the 50 line after it has crossed the M15 Rsioma that will filter out most false signals.
  • #15,107
  • Feb 11, 2016 1:32am Feb 11, 2016 1:32am
Quoting ayan
hi aliens alien system ea works realy good here is my runing trades {image}
Hi Ayan,
Where can i find this EA is it on a different forum?
Many thanks
  • #15,108
  • Feb 11, 2016 5:16am Feb 11, 2016 5:16am
Hi emonts I realized that the indicator when is used in M5 somehow ignores the direction of H4 Rsioma and continues to giving signals while the H4 Rsioma is not above 80. would you please explain its code? and is it possible to filter the indicator to the slope of all rsiomas to give buy signals when all conditions are met and the slope of all Rsiomas are up?

Thanks in advance.
  • #15,109
  • Feb 11, 2016 7:11am Feb 11, 2016 7:11am
Quoting buzznack
{quote} Hi Ayan, Where can i find this EA is it on a different forum? Many thanks
hello,

I think he is using thee ones posted by emonts, they are in the attachement but here they are agian


Attached File(s)
File Type: mq4 AA_Stoch_8_over_21_Sym.mq4   7 KB | 416 downloads

Attached File(s)
File Type: mq4 AA_Stoch_100_Sym.mq4   7 KB | 420 downloads

Attached File(s)
File Type: mq4 AA_RsiOma_Ebi_Sym.mq4   9 KB | 410 downloads
  • #15,110
  • Feb 11, 2016 7:36am Feb 11, 2016 7:36am
Quoting emonts
{quote} OK
Hello please check your message I PMed you.


Thanks
  • #15,111
  • Feb 11, 2016 8:17am Feb 11, 2016 8:17am
Another ADX cross indi - You can change the period / setup push alerts etc ....
Attached File(s)
File Type: ex4 adx_buy_sell alerts.ex4   7 KB | 521 downloads
  • #15,112
  • Feb 11, 2016 8:27am Feb 11, 2016 8:27am
OK guys here is another beautiful approach thanks to Alien and Nihilist. This approach is solely based on momentum.
No other indicators. Just Nihilist Ultra ADX. we want to enter a trend which is going back to its main direction. Now we have three important questions:
1- How to find a trend? it's easy with ADX.
2- How to find a retracement? it's also easy thanks to ADX.
3- When it is safe to enter the trend? It is also very easy using ADX.

ADX is a very powerful indicator. This approach is like the one that is used by Thiagorosa.
Put the attached template to your chart (it works best with higher time frames like H1 and above). Now look at the picture. you should wait for all 15 Adxs to turn red or orange or a mixture of both. This is step one, you found your trend. then you should wait for Upper adxs to change color. this is step 2, you found your retracement. Now as soon as all adxs turn orange or red again you enter. This way you have momentum. this is not holy grail but it is very profitable and I think it can be coded. For exit you can wait until first four adxs from above turn green. (the rules are for a downtrend. for an uptrend the rules are the same but you should look for all green and blue ADXs)

It is not going to win every time. However, since you trade with the momentum you can trade conservatively and move your stop to BE as soon as possible. Another advantage of this approach is catching gigantic trends with tight stop losses. some times you can have a TP 15 times larger than your SL.

Attached Image (click to enlarge)
Click to Enlarge Name: ADX Test.png Size: 33 KB


Attached File(s)
File Type: tpl !ADX test.tpl   10 KB | 596 downloads
  • #15,113
  • Feb 11, 2016 8:53am Feb 11, 2016 8:53am
Quoting ayan
hi aliens alien system ea works realy good here is my runing trades {image}
Hi ayan please point out which EA you are using.
Thanks
  • #15,114
  • Feb 11, 2016 9:07am Feb 11, 2016 9:07am
Quoting Sparkoz
Another ADX cross indi - You can change the period / setup push alerts etc .... {file}
This is a great indicator Sparkoz But I cant manage To adapt It To our ADX slopes.
Per aspera ad astra
  • #15,115
  • Feb 11, 2016 9:43am Feb 11, 2016 9:43am
Quoting jpadvisor
{quote} This is a great indicator Sparkoz But I cant manage To adapt It To our ADX slopes.
Darn thought you'd be happy with this one..! 😆Nice to have the crosses sent to your phone though..Then you can pick and choose those that make sense...
  • #15,116
  • Feb 11, 2016 9:56am Feb 11, 2016 9:56am
Quoting Sparkoz
{quote} Darn thought you'd be happy with this one..! 😆Nice to have the crosses sent to your phone though..Then you can pick and choose those that make sense...
You're so addicted now? LOL.
Per aspera ad astra
  • #15,117
  • Feb 11, 2016 11:50am Feb 11, 2016 11:50am
I just wish the sound change direction RISIOMA indis. If someone knew? Thanks in advance
  • #15,118
  • Feb 11, 2016 12:05pm Feb 11, 2016 12:05pm
Quoting Bentleyman
I just wish the sound change direction RISIOMA indis. If someone knew? Thanks in advance
Hi Bentley you meaning the alarm of Delayed Stoch.?
LOL There must be a version with no alarm. If you dont find here I'll upload later.
Here it is
Attached File(s)
File Type: mq4 Drake Delay Stochastic no alarm.mq4   6 KB | 501 downloads
Per aspera ad astra
  • #15,119
  • Feb 11, 2016 12:49pm Feb 11, 2016 12:49pm
Thanks JP, I have, but the reports too soon or too late
Quoting jpadvisor
{quote} Hi Bentley you meaning the alarm of Delayed Stoch.? LOL There must be a version with no alarm. If you dont find here I'll upload later. Here it is {file}
Attached Image
  • #15,120
  • Feb 11, 2016 1:02pm Feb 11, 2016 1:02pm
There is a Ds ongoing in GJ Daily. Signal line crossed. Clear sell.
Per aspera ad astra
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