Attachments: Alien's Extraterrestrial Visual Systems

Alien's Extraterrestrial Visual Systems

#16,581
Oct 13, 2016 12:21pm Oct 13, 2016 12:21pm

randika10010
| Joined Mar 2015 | Status: Trader | 65 Posts

Quoting jpadvisor

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{quote} Hi Alien fellow, the Alien's hook is a reversal sign. This system you know is built to be a trend following system. Therefore most setup, rather than all, are thought to trade with the trend. As master Alien said "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". So it's a sign of exhastion of the trend. Usually I detected it on H1 TF To me there are two components to configure it: 1) - the slingshot...

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Thanks heaps Alien senior! I'm still a little Alien

growing up slowly

Cheers!

#16,582
Oct 13, 2016 12:47pm Oct 13, 2016 12:47pm

ppuruswani
| Joined Sep 2015 | Status: Trader | 219 Posts

Quoting randika10010

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{quote} Hey PP Thanks for posting this mate! By the way, do you do this wave counting manually or is this an indi? If you do by hand, how did you learn the counting? I am asking for possible material that you used except from the book attached in the forum. Thanks! Cheers!

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Hi Randika,

I am paid member of one of the community which is doing wave counting - if Alien seniors(Marco, JP ,Ferru etc) allow me to put on this thread on daily base then i will start to put for all major currencies or i can PM you-

Regard's

#16,583
Oct 13, 2016 1:42pm Oct 13, 2016 1:42pm

marcof91
Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts

Quoting ppuruswani

Disliked

{quote} Hi Randika, I am paid member of one of the community which is doing wave counting - if Alien seniors(Marco, JP ,Ferru etc) allow me to put on this thread on daily base then i will start to put for all major currencies or i can PM you- Regard's

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1st post: "Intelligent and Adult like Behavior is the only rule, or you will be sent packing................Life is too short to waste on anything less then this.......Thank You !"

Work smarter,not harder

#16,584
Oct 13, 2016 2:35pm Oct 13, 2016 2:35pm

marcof91
Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts

DS and X cross long ongoing on OIL weekly tf.

Work smarter,not harder

#16,585
Oct 13, 2016 11:50pm Oct 13, 2016 11:50pm

jpadvisor
Joined Jul 2013 | Status: Trader | 2,603 Posts

Quoting ppuruswani

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{quote} forget to attach image {image}

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This count is a little different from mine on post n. 16494 but as you can see from last leg up, Alien's system is useful in detecting wave three, the money wave.
To me you can post some EWP charts here. Can be useful for all mates as this is complimentary to Alien's system and master suggested to do so.

Per aspera ad astra

#16,586
Oct 13, 2016 11:52pm Oct 13, 2016 11:52pm

TradeFinder
Joined Oct 2011 | Status: Trader | 201 Posts

Quoting hugomarques

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{quote} Thank you for the kindness, it's so fun to negotiate with this system, which we ended up getting addicted to look for class A standards I will give an example of a great indicator that our friend Emonts prepared, that when he appears in the chart is the time of explosion ... I made an adjustment in his code, not to display the Histogram, you can put in the window of ADXs, will certainly be of great help to better see the comprehension and expansion of ADX, and the time to put the trade on the right side. VALID FOR ALL TF, this setting of...

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Hi

Is it possible to make this into a MTF selectable indie

I ask because I have done some work regarding an area I struggle with and the visual information on the ADX Advanced and Slope regarding entries

I have overlayed the ADX Compression indie into the ADX window for the ADX's with no fixed max/min so we get all the benefits of when a visual expansion occurs. What I have noticed is that we can miss good entries when the ADX's are resting back to a lower value, which visually they look high and not contracted ready to explode. If you put all the ADX's into fixed max/min mode then what i am saying becomes very clear but we lose all the benefits of Aliens intent to see when likely retracements are happening when the lower value ADX's are nearing the top of the window

What I have done is to apply 5 of the ADX Compression indies with lowering values of levels with colours, what this does is give you a heads up that the ADX compression is starting and then if it continues the grading of colour continues, I have chosen only 5 to test the principle which range from 40 down to 17. The way the indie looks is if all 5 of the ADX values are below these selectable values then the chosen colour is presented. Now when you do this as i have above you get a very clear heads up which continues down the point of maximum contraction, ready for the explosion. Now this to me is not totally clear from the visual unfixed ADX window and I have been struggling as it looks conflicting but in truth when you check the values they are all contracted.

This approach gives us the best of both the original visual unfixed ADX's and a heads up through to a laser site of where the max contraction occurs, now if you look at the BBS around this space you start to get some really precise entries with little if any DD.

The reason for asking for this to become MTF Compression indie is that based on my crude (and inaccurate it seems) mod to look at MTF as Alien has always said, just elevates this approach again without cluttering the charts.

If someone could do the mod so it works properly, I am happy to test it and then write up a summary of what and how this view could be used.

Hopefully my ramble is clear, I am not trying to add a million indicators to the Alien system and when you see my write up, you will see I have not added any extra concepts but I have tried to enhance for clarity some of the way we might view the raw indicators

The image is GJ H1 as an example but they appear everywhere based on my testing and this auto zooming to a max contraction is just another enhancement

Attached Image (click to enlarge)

Click to Enlarge

Name: 2016-10-14_0720_ADX_Compression.png
Size: 74 KB

#16,587
Oct 14, 2016 12:09am Oct 14, 2016 12:09am

ppuruswani
| Joined Sep 2015 | Status: Trader | 219 Posts

Quoting jpadvisor

Disliked

{quote} This count is a little different from mine on post n. 16494 but as you can see from last leg up, Alien's system is useful in detecting wave three, the money wave. To me you can post some EWP charts here. Can be useful for all mates as this is complimentary to Alien's system and master suggested to do so.

Ignored

Thanks JP -

#16,588
Oct 14, 2016 2:53am Oct 14, 2016 2:53am

Sparkoz
| Joined Apr 2015 | Status: Trader | 437 Posts

Quoting ppuruswani

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{quote} Thanks JP -

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Agree definitely... Would love access to wave counts or a heads up when corrections are over ... and new sequences beginning...

#16,589
Oct 14, 2016 4:00am Oct 14, 2016 4:00am

ppuruswani
| Joined Sep 2015 | Status: Trader | 219 Posts

Quoting Sparkoz

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{quote} Agree definitely... Would love access to wave counts or a heads up when corrections are over ... and new sequences beginning...

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Ok guys from this week i will start to post wave count for all major currencies-

Thanks

#16,590
Oct 14, 2016 6:47am Oct 14, 2016 6:47am

fxlocator
| Joined Jun 2016 | Status: Trader | 91 Posts

Quoting Sparkoz

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{quote} Agree definitely... Would love access to wave counts or a heads up when corrections are over ... and new sequences beginning...

Ignored

Thank you guys for supporting this idea. Truly appreciated