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Alien's Extraterrestrial Visual Systems

  • #16,861
  • Nov 26, 2016 1:21am Nov 26, 2016 1:21am
Quoting Sparkoz
{quote} {image} Aha sorry found your explanation ....
sorry but why this was not considered as a wave.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4 waves 1.png Size: 42 KB
In the court of lord, only love and devotion is counted...
  • #16,862
  • Nov 26, 2016 7:05am Nov 26, 2016 7:05am
Quoting nadiyakinare
{quote} sorry but why this was not considered as a wave. {image}
I count the waves as 8 sto turns. In that example,8 sto did not turn direction,it just pauses.
Work smarter,not harder
  • #16,863
  • Nov 26, 2016 7:27am Nov 26, 2016 7:27am
Quoting marcof91
{quote} I count the waves as 8 sto turns. In that example,8 sto did not turn direction,it just pauses.

Hello Marcof
I have a question, which you may know how to answer, do you think every time that 8.3.3 crosses over line 21.10.10, is it a potential entry? To get H1 pips up ...
Does anyone know of any EA, which does the stoch crossing together?
  • #16,864
  • Nov 26, 2016 8:03am Nov 26, 2016 8:03am
Quoting hugomarques
{quote} Hello Marcof I have a question, which you may know how to answer, do you think every time that 8.3.3 crosses over line 21.10.10, is it a potential entry? To get H1 pips up ... Does anyone know of any EA, which does the stoch crossing together?
I think so too. For X crosses around 50 lv and for continuations after a pullback around 20/80 lv.
In this example 8 sto does not cross 21 sto but it's considered X cross anyway.
As for an EA,i don't have any neither know one.
Attached Image
Work smarter,not harder
  • #16,865
  • Nov 26, 2016 9:00am Nov 26, 2016 9:00am
Quoting marcof91
{quote} I count the waves as 8 sto turns. In that example,8 sto did not turn direction,it just pauses.
ok thanxz
In the court of lord, only love and devotion is counted...
  • #16,866
  • Nov 26, 2016 9:16am Nov 26, 2016 9:16am
Hello friends!

Let me give you some of my input into the thread. Ive started studying Mr. Aliens system around 4-6 months ago. Ive backtested Crosses, Alien hooks, Divergences, Slingshots, Counted the waves, and of course, the DS.


Concerning the X crosses; Ive backtested Marcos advice and, unfortunately, I have to say the accuracy of the Alliens X-crosses are in my case insanely low(around 20 losers, 6 break even, and 5 winners). So from my point of view, I respect the crosses on the indicators, but cease to trade them from this moment on since they brought me a lot of disappointment.

I want to talk about the strongest components of this system (in my opinion) and those are the Alien Hooks and Divergences. Now these boys are the serious pipmakers and are worth talking about since they appear to be crystal clear as both in concept and reality. Alien Hooks brought me trades with over 700 floating pips (EURNZD 1.57-1.50 which was my first "bigger" trade).

I go by the motto,"What applies on the bigger timeframes, must apply to the smaller timeframes and vice versa", but in the case of Alien Hooks I found the H4 to be the most and the only one which should be considered for this kind of a setup.

Now, Divergences are a completely different ballgame. You can trade them as low as M1 as far as I am concerned, but I prefer M5s. In order to be a 100 % sure a divergence is really going to play out I put together a smaller system on its own which is useful in a couple of ways in my opinion.

In a window, I put together the M5, M15, H1 and the H4 100 stochastic which always helps me to trade the exact bottom/top and go back to the trend.

The divergence is highlighted in red and you can see the "purple" M5 stochastic cross long again and there u have the confirmation of the divergence actually playing out - You can net a lot of pips this way mainly if you have the ADX expansion rolling also. You can exit when the M15/M5 crosses short or when you see the failure on any of the other indicators.

We can see how after the second red line we had the signal to go short. (Notice the yellow 8,3,3 stoch form divergence and then the "purple" 100 stoch continues to slope downwards?)

Also, the system purely based on the 100 stochs is a perfect way to trade. If there is any kind soul in here who knows how to put an EA together, it would be seriously appreciated because the system is almost flawless if u tune it a bit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 67 KB
Attached File(s)
File Type: tpl Alien 100 stochs.tpl   18 KB | 359 downloads
  • #16,867
  • Nov 26, 2016 3:27pm Nov 26, 2016 3:27pm
Quoting hugomarques
{quote} Hello Marcof I have a question, which you may know how to answer, do you think every time that 8.3.3 crosses over line 21.10.10, is it a potential entry? To get H1 pips up ... Does anyone know of any EA, which does the stoch crossing together?
hello,
i think our friend emont made a code to test this particular strategy following master JPAdvisers suggestion.


AA_Stoch_8_over_21_Sym.mq4

 

  1. emonts
  2. Joined Nov 2013 | Status: Member | 220 Posts

Quoting jpadvisor
{quote} @Emonts. Could you please modify your statistic indicator to test this new strategy? Tnks.
Hi Jp and others,

Try this one.

AA_Stoch_8_over_21_Sym.mq4

  • #16,868
  • Nov 26, 2016 4:55pm Nov 26, 2016 4:55pm
Quoting Tetulla
{quote} hello, i think our friend emont made a code to test this particular strategy following master JPAdvisers suggestion. AA_Stoch_8_over_21_Sym.mq4 emonts Joined Nov 2013 | Status: Member | 220 Posts Quoting jpadvisor {quote} @Emonts....

Hi,

I tested an ea (together with JP) only based on stoch 8 crossed stoch 21.
This is not enough for getting good results, works in trending, but as soon as ranging, you are very often too late.

I coded a small DB which warns (Alerts) you when stoch 8 crosses stoch 21.
You can set some parameters for:
Enable-disable TF's, you want to see from M1...D1
You can set also a range for where the stoch 100 has to be, this filter you also can skip by setting opposite values.
So can set I only want alerts for upcross if stoch 100 is above 80%.
You can put this DB for all pairs in one chart and give you an alert after bar close.
Uses limited CPU time, by setting "UpdatetimerInSeconds" parameter.
If more db's in one chart, "objectpreamble" parameter must be unique for every instance.
It looks like chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: stoch8_21_Cross.png Size: 68 KB


Indi.

Attached File(s)
File Type: mq4 AA_Stoch_DB_V1.02_X.mq4   63 KB | 481 downloads


BR
It is not important how often you fall down, but how often you get up again
  • #16,869
  • Nov 26, 2016 5:33pm Nov 26, 2016 5:33pm
Quoting emonts
{quote} Hi, I tested an ea (together with JP) only based on stoch 8 crossed stoch 21. This is not enough for getting good results, works in trending, but as soon as ranging, you are very often too late. I coded a small DB which warns (Alerts) you when stoch 8 crosses stoch 21. You can set some parameters for: Enable-disable TF's, you want to see from M1...D1 You can set also a range for where the stoch 100 has to be, this filter you also can skip by setting opposite values. So can set I only want alerts for upcross if stoch 100 is above 80%. You...

Could share the template, I'm working with several pairs, and I see that the cross of stoch 8 on the 21 has given good entries in TF H1 and higher

So after the alert, I see if you have A settings class A for a more secure entry
  • #16,870
  • Nov 26, 2016 10:12pm Nov 26, 2016 10:12pm
Quoting hugomarques
{quote} Could share the template, I'm working with several pairs, and I see that the cross of stoch 8 on the 21 has given good entries in TF H1 and higher So after the alert, I see if you have A settings class A for a more secure entry
Here it is.

Attached File(s)
File Type: tpl StochCross_V1.02.tpl   504 KB | 462 downloads


BR
It is not important how often you fall down, but how often you get up again
  • #16,871
  • Nov 26, 2016 11:18pm Nov 26, 2016 11:18pm
Quoting Boferer
Hello friends! Let me give you some of my input into the thread. Ive started studying Mr. Aliens system around 4-6 months ago. Ive backtested Crosses, Alien hooks, Divergences, Slingshots, Counted the waves, and of course, the DS. Concerning the X crosses; Ive backtested Marcos advice and, unfortunately, I have to say the accuracy of the Alliens X-crosses are in my case insanely low(around 20 losers, 6 break even, and 5 winners). So from my point of view, I respect the crosses on the indicators, but cease to trade them from this moment on since...
Hi Thanks for sharing your work. For clarification, am I correct that you are using the current timeframe 21 stoch to identify divergence and using the mtf 100 stoch to confirm? Thanks.
  • #16,872
  • Nov 27, 2016 2:29am Nov 27, 2016 2:29am
Quoting Tff
{quote} Hi Thanks for sharing your work. For clarification, am I correct that you are using the current timeframe 21 stoch to identify divergence and using the mtf 100 stoch to confirm? Thanks.
I use the 8,3,3 to identify the divergence and then use the 100 stoch to confirm
  • #16,873
  • Nov 27, 2016 2:29am Nov 27, 2016 2:29am
Quoting emonts
{quote} Hi, I tested an ea (together with JP) only based on stoch 8 crossed stoch 21. This is not enough for getting good results, works in trending, but as soon as ranging, you are very often too late. I coded a small DB which warns (Alerts) you when stoch 8 crosses stoch 21. You can set some parameters for: Enable-disable TF's, you want to see from M1...D1 You can set also a range for where the stoch 100 has to be, this filter you also can skip by setting opposite values. So can set I only want alerts for upcross if stoch 100 is above 80%. You...
What if we put the ADX there as well? One of the bigger ones that is. Maybe it would yield better results with a higher TF and ADX.
  • #16,874
  • Edited 6:10am Nov 27, 2016 4:26am | Edited 6:10am
Quoting nadiyakinare
{quote} sorry but why this was not considered as a wave. {image}
My friend, every move creates a wave, little or great. The difficult is to recognize and name it.
Attached Image (click to enlarge)
Click to Enlarge Name: Waves.jpg Size: 59 KB
Per aspera ad astra
  • #16,875
  • Nov 27, 2016 6:45am Nov 27, 2016 6:45am
Quoting Boferer
{quote} What if we put the ADX there as well? One of the bigger ones that is. Maybe it would yield better results with a higher TF and ADX.
Hi,

Look at my post 16512, and if you put all in one chart you get this.

Attached Image (click to enlarge)
Click to Enlarge Name: adx mtf all.png Size: 42 KB

You can use it also as a very reliable strength indication for the currencies.

Indi has had update.

Attached File(s)
File Type: mq4 AA_MTF_ADX_DB_V3.01.mq4   71 KB | 493 downloads



BR
It is not important how often you fall down, but how often you get up again
  • #16,876
  • Nov 27, 2016 8:04am Nov 27, 2016 8:04am
Quoting Boferer
{quote} I use the 8,3,3 to identify the divergence and then use the 100 stoch to confirm
Hi, also the teeth of 7 Adx are very good to spot divergence and see when momentum fade.
Per aspera ad astra
  • #16,877
  • Nov 27, 2016 9:28am Nov 27, 2016 9:28am
Quoting emonts
{quote} Here it is. {file} BR
This is based on the image, I tried to modify the "object preamble" but without success, what would be the error friend
Attached Image (click to enlarge)
Click to Enlarge Name: error.png Size: 52 KB
  • #16,878
  • Edited 9:49am Nov 27, 2016 9:30am | Edited 9:49am
Quoting jpadvisor
{quote} My friend, every move creates a wave, little or great. The difficult is to recognize and name it. {image}
yes exactly....... after impulse wave 5 moves then there should be corrective 3 waves (A-B-C) and after 3 corrective waves (A-B-C) there should be 5 impulse waves move. so how to recognize waves in this scenario ??? please help
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4 waves 1.png Size: 42 KB
In the court of lord, only love and devotion is counted...
  • #16,879
  • Nov 27, 2016 10:06am Nov 27, 2016 10:06am
Quoting nadiyakinare
{quote} yes exactly....... after impulse wave 5 moves then there should be corrective 3 waves and after 3 corrective waves there should be 5 impulse waves move. so how to recognize waves in this scenario ??? please help {image}
Difficult to say also because this is not the actual slope of USDJPY and I cannot swipe to lower or higher TFs.
Anyway after a long downtrend, like in the left, there are usually a series of corrections before a reversal, like in the right, so this is probably a sequence of two ABC in H4 and a larger ABC correction on the larger TF
If you want to go more into deep, look for a EWP count from january 2016 on a EWP site.
Per aspera ad astra
  • #16,880
  • Nov 27, 2016 10:09am Nov 27, 2016 10:09am
wave count is =
Attached Image (click to enlarge)
Click to Enlarge Name: BRENTM1.png Size: 39 KB
In the court of lord, only love and devotion is counted...
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