Alien's Extraterrestrial Visual Systems | Page 877 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CRB Alien!! 215 replies

MT5 indicators for Alien’s trading systems 40 replies

Visual backtest result different from non-visual backtest 0 replies

Systems, Systems and Systems... 1 reply

“Alien Infector,” an MT4 script idea 2 replies

Attachments: Alien's Extraterrestrial Visual Systems
Exit Attachments

Alien's Extraterrestrial Visual Systems

  • #17,521
  • Mar 31, 2017 8:12am Mar 31, 2017 8:12am
Quoting jpadvisor
{quote} DS are trades that come from consolidation phases in an uptrend or downtrend. After consolidation the trend resume forming this typical rubberband setup that you find on third window between RSIOMA and Delayed Stoch. For a good one RSIOMA should be over 80 level for a long and under 20 level for a short and D. Stoch. on the other side of the window (wide separation). When DS turn in direction of RSIOMA we have a Ds setup and a good entry point is when DS cross its signal line. If the setup is also with a good fanning from the ADX the trade...

Thank you very much sir, for your clear explanation.
  • #17,522
  • Mar 31, 2017 8:31am Mar 31, 2017 8:31am
Quoting viennasfc
{quote} Thank you. With all due respect- I did read the whole thread and I did practice. I did not ask where he indicators are- I know the paper clip, of course. I asked which of the ADX dashboards were recommended, or how I could contact Alien for his. My other 2 questions were specific clarification questions. Thank you, and best.
Hello and welcome!
I'll give my experience about this later at the end of the day.
Stay tuned.
Work smarter,not harder
  • #17,523
  • Mar 31, 2017 8:36am Mar 31, 2017 8:36am
Break time for me. BBL Aliens to answer the questions.
Per aspera ad astra
  • #17,524
  • Mar 31, 2017 1:14pm Mar 31, 2017 1:14pm
Quoting viennasfc
{quote} This was another trade yesterday (GBPCAD, DS entry from the H1shown with arrow, M15 on the left and H4 on the right)...again- do you see what I was missing? Thanks JPA!!! {image}
If I may comment, the M15 in this case had formed a bottom with the Stos bunching near the 0 level. This means reversal likely unless good ADX power for continuation. You had no ADX power on any of the TFs either.

Look at EUR/JPY right now. Weekly half X forming. Daily half X playing out, H4 rubberband, H1 ADX expansion & indis crossing 50 short, same on M15 and M5. ALL TIMEFRAMES SAYING SAME THING.

This system works best when all TFs work together - Alien say many times, do not trade when timeframes are arguing with each other.

Hope that helps - its all here in the thread many times, many examples.
  • #17,525
  • Mar 31, 2017 1:20pm Mar 31, 2017 1:20pm
Quoting forexalien
{quote} Major TIP, PLEASE READ THIS ONE ! THANKS Friday afternoon..........this is how we roll....one more time..............NZDUSD H1 DS trade was setting up. BBS was in your face ! < CLUE 1,,,,,,,,, Time 11:00 CST USA 1 to 2 hours prior the DS turn down, the green sto already turned down < Clue 2 The black 8,3,3 turned back down for 1 hour, < clue 3 Clue 4 would be to go to M15 when you saw the H1 BBS and start looking ! M15 - BBS - green sto topping and starting down, ADX expansion started at 11:00 AM CST USA - MORE IMPORTANT< LOOK AT THE ADX...
Best post in whole thread IMHO.
  • #17,526
  • Mar 31, 2017 2:47pm Mar 31, 2017 2:47pm
Quoting viennasfc
(2) Questions to the old Alien hands here/ thanks in advance: Am working my way through this great thread. Somewhere Alien posted that he actually waits for the stoch crossover for confirmation when he trades the DS Divergence setups. Elsewhere he seems to suggest to get in from a faster chart as the setup is taking shape (before the crossover,if I understood correctly). Do you know which understanding is correct? Question 2: Does anybody know how I can contact Alien to obtain his ADX dashboard indicator? I do not seem to have any way to...
This is the best approach.
Try to get early at lower tfs from the crossover of DS setup,in this way you don't let pips behind (but also there is a chance of fake out).
Also expect as soon DS crosses his signal line usually there is a retrace.
Quoting viennasfc
Does anybody know how I can contact Alien to obtain his ADX dashboard indicator? I do not seem to have any way to contact him... or, alternatively, do you guys recommend any of the other dashboard indicators that have been generously posted by others? Thanks! Vienna
Search for ADX Dash Alien v2 or v3 in the paperclip or FXKabab profile.
Quoting viennasfc
And one more please: I that same post where Alien specified that he waited for the crossover of the DD Stoch, he also said that he requires the following from the Timeframe one above the DS setup: RSIOMA, Yellow and green Stoch have to be "in an uptrend". Question: does "in an uptrend" mean that all 3 have to be above the 50 line? I am looking for clarification on what Alien meant by these words... Many thanks, Vienna
That's when the system plays best but it's not mandatory.
Actually when you see 100 and 21 sto at the top and 8 sto at the bottom it means there is a DS long at lower tf.
Attached Image (click to enlarge)
Click to Enlarge Name: EA DS.PNG Size: 127 KB

Quoting viennasfc
{quote} Hi Jpa, I read the thread in detail (including your many posts, thank you!) and have been practicing for a while. I keep getting hit on the DS trades- perhaps you can look and tell me if I overlooked some warning signs, do you see anything?It seems I get the entry when the markets are topping... Thanks! {image} {image}
Why did you lose on that trade?
Look at MTF directions.
Month is short - Weekly is long - Daily is short - H4 is long - H1 was long and turned short (your entry was on the final push long)
Attached Image (click to enlarge)
Click to Enlarge Name: AJ MTF.PNG Size: 23 KB

This pair is mixed so you can expect mixed results.
Work smarter,not harder
  • #17,527
  • Apr 1, 2017 10:29am Apr 1, 2017 10:29am
Thank you very much guys for taking the time!!! Very helpful.
  • #17,528
  • Apr 1, 2017 11:22am Apr 1, 2017 11:22am
Quoting Zimbinga
{quote} Best post in whole thread IMHO.
Thanks Zimba.
Yes, I had even printed that out...then, later I ran into this post https://www.forexfactory.com/showthr...01#post7392001
I just reviewed it again:it seems I misunderstood this to be the way Alien does things, but he had actually quoted naysayer. So that's where my "waiting for the DS crossover" came from. I see now that this was apparently my error...

So you guys wait for a likely DS setup, then you go to the faster charts.
- Do you go all the way to the 1 min, and wait the adx to power up, then draw back, and then enter on wave 3, the 'money wave"? Or do you recommend using the M5?
- Do you find that you are in too early often? If yes, do you have a wide stop or do you get out with a small loss and reenter?
- What stops do you use?
  • #17,529
  • Apr 1, 2017 11:29am Apr 1, 2017 11:29am
Quoting Zimbinga
{quote} If I may comment, the M15 in this case had formed a bottom with the Stos bunching near the 0 level.
Yes I had seen that, it happened on several timeframes too: I was aware that this might be "topping", but was not sure if it meant a really strong trend or possible topping. Now i know.
So: Do I understand correctly, if you guys see that (all 3 stochs bunched above 80), you stay out unless the ADX is really really strong?
P.S. I know this is probably all over the thread clear as day, but for some strange reason my mind seems to have filtered it out...apologies!

Thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 79 KB
  • #17,530
  • Apr 1, 2017 1:23pm Apr 1, 2017 1:23pm
Quoting marcof91
{quote} This is the best approach. Try to get early at lower tfs from the crossover of DS setup,in this way you don't let pips behind (but also there is a chance of fake out).
Quoting marcof91
"

- Aha. Same question to you as well- how do you deal with being early? Do you recommend an wider stop?

"Also expect as soon DS crosses his signal line usually there is a retrace. {quote} "
-That is interesting.


"Search for ADX Dash Alien v2 or v3 in the paperclip or FXKabab profile. {quote}"
- Great.

"That's when the system plays best but...
"[/i]

Very good point, thanks!
  • #17,531
  • Apr 1, 2017 1:30pm Apr 1, 2017 1:30pm
Sorry reposted my last post above, screwed something up with the quotes.


Quoting marcof91
{quote} This is the best approach. Try to get early at lower tfs from the crossover of DS setup,in this way you don't let pips behind (but also there is a chance of fake out). Also expect as soon DS crosses his signal line usually there is a retrace. {quote} Search for ADX Dash Alien v2 or v3 in the paperclip or FXKabab profile. {quote} That's when the system plays best but it's not mandatory. Actually when you see 100 and 21 sto at the top and 8 sto at the bottom it means there is a DS long at lower tf. {image} {quote} Why did you lose on that...
re.fakeout/ same question I posted to Zimbinga: how do you deal with it? Do you use a wider stop? How wide do you recommend?

re "Actually when you see 100 and 21 sto at the top and 8 sto at the bottom it means there is a DS long at lower tf.": Got it. Went back to review quite a few Alien's SD setups and very few have the stochs all bunched together (topping), if they do, the ADX is really strong... got it.

re. MTF directions: Thanks, can see it. Will look out for it!
  • #17,532
  • Apr 2, 2017 8:16am Apr 2, 2017 8:16am
With strong ADX you expect continuation rather than reversal when Stos top. Alien has said this before but here is another example of principle, which can be seen on charts all the time.
Attached Image (click to enlarge)
Click to Enlarge Name: usdtryv-m1-tim-group-inc.png Size: 124 KB
  • #17,533
  • Apr 2, 2017 10:07am Apr 2, 2017 10:07am
Quoting viennasfc
{quote} This was another trade yesterday (GBPCAD, DS entry from the H1shown with arrow, M15 on the left and H4 on the right)...again- do you see what I was missing? Thanks JPA!!! {image}
Hi Viennasfc,
it seems you are mostly interested in picking up the DS trades. Well, I have to say, in my experience, DS trades have no more than 60% probability to work out nicely. So you have to choose those ones that are in accordance with the other TFs. Usually a DS on H1 shows also a Xtrade on H4 and other confirmations on the lower TFs.
There is a trick though to turn a failed DS trade into a winning or at least a BE. IT's to enter earlier but with a clear point. IF you see a DS forming on your TF you also can see on STOCHS that 8 is going to cross 21 in the direction of RSIOMA.
That is the early entry on the DS trade (the cross of 8 and 21). Watch it, your early entry is almost 100% winner and you are in a winning trade way before if the DS works out.
On the contrary, if the DS don't work out, you can exit the trade in profit or at BE.
This early entry on the DS, furthermore, gives you the possibility to add one more trade to the winner at the cross of DS with its signal line or to split your trade in two, half at the early entry and another half at the cross.
This is my humble advise to tackle the DS trades. Cheers.
Here find in picture 1 examples of the the two entries on DS that played out.
On picture 2 examples of two entries on DS that didn't play out but where you could however take some pips or close at BE.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DAX-JUN17M15.png Size: 207 KB
Click to Enlarge Name: DAX-JUN17M5.png Size: 60 KB
Per aspera ad astra
  • #17,534
  • Apr 2, 2017 10:20am Apr 2, 2017 10:20am
Quoting jpadvisor
{quote} Hi Viennasfc, it seems you are mostly interested in picking up the DS trades. Well, I have to say, in my experience, DS trades have no more than 60% probability to work out nicely.
TY Jpa, that's great info! Clarifies a lot for me.
I focus on the DS setups because I understand them (somewhat)...
Of the other trade setups (apart from DS) do you feel have the highest hit rate? I am aiming for high reliability...

Thanks!
  • #17,535
  • Apr 2, 2017 11:22am Apr 2, 2017 11:22am
Quoting Zimbinga
{quote}Weekly half X forming. Daily half X playing out,.
If I may ask: what is a 'half cross"? Is it the Stoch 8 crossing over the 21? Do you call it "half" because it never reached the 21?
I recall Alien talking about "X-over"...

Thanks again,
Vienna
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB
  • #17,536
  • Apr 2, 2017 2:18pm Apr 2, 2017 2:18pm
Quoting viennasfc
{quote} Do you call it "half" because it never reached the 21?
Yes you got it
  • #17,537
  • Apr 2, 2017 2:28pm Apr 2, 2017 2:28pm
Quoting jpadvisor
{quote} Hi Viennasfc, it seems...
Hi Jap,
if I look at the ADX's at the time of your early entry, it seems they do not show expansion yet. So you anticipate the expansion (= do not require it as a setup condition), right?
Do you need to see ADX fanning on the next lower TF? What other confirmations are you looking for (apart from requiring the chart to be aligned with the slower TF trend direction)?

Thanks!!
  • #17,538
  • Apr 2, 2017 3:00pm Apr 2, 2017 3:00pm
OIL H1, M15 M5

Here is an example of DS on H1 with preceding 8/21 sto cross like JP has explain. If you want high probability, make sure other TFs support the DS. Very soon after time DS cross its signal line, you have ADX compression/expansion on M15 (& a messy X-cross) and ADX compression/expansion on M5. This is gold dust - others may do it different but my style is always look for support from ADX & other indis on lower TFs and you will get high probablilty. Obviously next higher TF need to be in the right direction too.

Notice also on M5 & M15 when Stos top, although there is small retrace, the ADX power keeps price in continuation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usoilv-h1-tim-group-inc-2.png Size: 118 KB
Click to Enlarge Name: usoilv-m15-tim-group-inc.png Size: 120 KB
Click to Enlarge Name: usoilv-m5-tim-group-inc.png Size: 114 KB
  • #17,539
  • Apr 2, 2017 3:40pm Apr 2, 2017 3:40pm
By the look of your questions,you should read the thread again.
Don't get me wrong but those questions already have been answered.
Work smarter,not harder
  • #17,540
  • Apr 2, 2017 4:35pm Apr 2, 2017 4:35pm
Quoting marcof91
By the look of your questions,you should read the thread again. Don't get me wrong but those questions already have been answered.
I know, and I am....sorry for asking redundant question. Am going back and forth, but this definitely helps.
9 traders viewing now