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  • #17,621
  • Apr 19, 2017 9:27am Apr 19, 2017 9:27am
Quoting Boferer
{quote} M1 is my entry point, I do the top down analysis. However, the point still remains. You can have the best Grade A trade on the higher timeframe and wait for the confirmation on the lower timeframe and one second it(the confirmation) may be there and the next it will be gone completely. Thats the problem. I dont know if I express the issue clearly.
Hi

as you read the first 1700 posts, this is mainly Alien expressing and explaining the systems and setups. It is said many times this is a better higher Tf system. It can be used on M1 but it needs so much patience. There are only a few people in these initial post that grasped the M1 TF, but they seemed to have some success.

I have tried and expended lots of screen time to establish my best TF, I think I sit between Marco and JP ie M/W/D and M15/M5

I am just sorting my screens down to the bare minimum as I have have experimented with only the Alien mentioned indicators but i have used them in a number of ways to firstly understand, then validate the setups and methods utilsed (hats off to Alien for the main systems) and also the other contributors who have evolved some of thh concepts into some very neat setups.

I have tried to scalp with this system and for me have decided, its not for me. I cannot get the timing good enough on the M1 TF and I think this is some of the questions that you mention. Try coming up a bit, don't look at the M1 and hide the lower TF's, See how the M15 looks for signals and only drop to M5 to time the netry if its not clear. As always MTF is key, step down through the TF's looking at the RSIOMA/ADX relationships to get the trend and momentum, when you arrive at the H1/M15 it should be clear if you are sitting on your hands or ready for an entry and if ready then a quick drop to M5 should get a good entry.

i did a posting recenmtly of these initial pages and the RSIOMA section is very informative, did it help?

Kind regards
  • #17,622
  • Apr 19, 2017 9:28am Apr 19, 2017 9:28am
Quoting marcof91
{quote} Well my friend,that's the nature of the markets. I think (imho) the market was better like 10 years ago. Was more smooth on his rides and with less spikes. Look at USDCAD monthly,Grade A setup if plays out,if don't i just go trade the other direction. That's also a beauty of this system,if DS long fail you can trade the X cross short and still win. My advice to you: When you're doing top down analysis,ONLY look at the directions of RSIOMA. Don't look at the stos,i said this because our brain tend to look to simple things,RSIOMA is just one...

I am truly aware of the fact that it is the nature of the market, but how can we precisely take the entry and not juke ourselves out if we see the confirmation, but it actually turns out to be just a fake out?

And thank you Marco, I will look only into the Rsioma to see if it solves the problem
  • #17,623
  • Apr 19, 2017 9:35am Apr 19, 2017 9:35am
Quoting TradeFinder
{quote} Hi as you read the first 1700 posts, this is mainly Alien expressing and explaining the systems and setups. It is said many times this is a better higher Tf system. It can be used on M1 but it needs so much patience. There are only a few people in these initial post that grasped the M1 TF, but they seemed to have some success. I have tried and expended lots of screen time to establish my best TF, I think I sit between Marco and JP ie M/W/D and M15/M5 I am just sorting my screens down to the bare minimum as I have have experimented with only...
Thank you for your kind advice, but I am of the belief that the shorter you are exposed to the market, the better. So I want to stick to scalping as much as I can. I´ll look into the Rsiomas to see if it solves it, but to be honest, I am not sure how it can pinpoint the exact entry on its own. Its just frustrating because it all feels like randomness. You see a nice set up at M15, drop down for confirmation and it is there - you take the trade just to find out that actually the confirmation is not there anymore and you end up in a losing trade.
  • #17,624
  • Apr 19, 2017 9:42am Apr 19, 2017 9:42am
Quoting Boferer
{quote} Thank you for your kind advice, but I am of the belief that the shorter you are exposed to the market, the better. So I want to stick to scalping as much as I can. Ill look into the Rsiomas to see if it solves it, but to be honest, I am not sure how it can pinpoint the exact entry on its own. Its just frustrating because it all feels like randomness. You see a nice set up at M15, drop down for confirmation and it is there - you take the trade just to find out that actually the confirmation is not there anymore and you end up in a losing...
You know yourself better than anyone, give it a shot and I do wish you well in making it work for you
  • #17,625
  • Apr 19, 2017 11:30am Apr 19, 2017 11:30am
Found this Alien's system for selling on web.
Think Master won't be happy
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura Alien System.PNG Size: 56 KB
Per aspera ad astra
  • #17,626
  • Apr 19, 2017 11:32am Apr 19, 2017 11:32am
Question re. dashboard:
I use the "ADX Dash Alien v2" by Forexkebab, which works great (tyvm if you see this).

Let's say I want to exit a long when the ADX 144 turns down: this would mean the 144 ADX dash has to turn grey (from green), correct? I have seen several instances where the ADX Line (shown black on my chart) is still pointing up but the dashboard shows it has turned. I exited, and several bars later the ADX turns green again, while the ADX line on the chart never pointed down. (Below is a schematic example to show what I mean)...

How do you people deal with this? Thanks!
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  • #17,627
  • Apr 19, 2017 12:19pm Apr 19, 2017 12:19pm
Quoting jpadvisor
Found this Alien's system for selling on web. Think Master won't be happy {image}
If people fall in this... LOL
The indicator must be so good that they decreased the price from what they say 997$ to only 19,99$.
Work smarter,not harder
  • #17,628
  • Apr 19, 2017 1:48pm Apr 19, 2017 1:48pm
Quoting marcof91
{quote} If people fall in this... LOL The indicator must be so good that they decreased the price from what they say 997$ to only 19,99$.
I love that part:
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  • #17,629
  • Apr 19, 2017 4:04pm Apr 19, 2017 4:04pm
Quoting Boferer
{quote} I am truly aware of the fact that it is the nature of the market, but how can we precisely take the entry and not juke ourselves out if we see the confirmation, but it actually turns out to be just a fake out? And thank you Marco, I will look only into the Rsioma to see if it solves the problem
Take the shot,the SL is there to take you out.
Don't be afraid to be on the wrong side of the trade.
Don't exit manually by fear and don't over leverage.
Work smarter,not harder
  • #17,630
  • Apr 19, 2017 4:05pm Apr 19, 2017 4:05pm
EURCAD
Who's with me?
Attached Image (click to enlarge)
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Work smarter,not harder
  • #17,631
  • Apr 19, 2017 4:15pm Apr 19, 2017 4:15pm
I will bow to your superior skills, but as we know, by the time the DS crosses as it is doing now, the move is generally close an end - wouldn't you prefer a shorter time frame pullback and retest - after all price now is at serious support and resistance levels
The more I learn the more I don't know
  • #17,632
  • Apr 19, 2017 4:25pm Apr 19, 2017 4:25pm
Quoting Crooky
I will bow to your superior skills, but as we know, by the time the DS crosses as it is doing now, the move is generally close an end - wouldn't you prefer a shorter time frame pullback and retest - after all price now is at serious support and resistance levels
I'm waiting for the second push of adx 7 at H4 tf.
For now,it's overbought.
But i still think the pair will ride 100 pips more to surpass the last swing high and then pause there.
Either way,i think it will be decided this week.
Work smarter,not harder
  • #17,633
  • Apr 19, 2017 4:58pm Apr 19, 2017 4:58pm
you know this system far better than I, but I try a pick the H4 turns and I believe it is close - I have great success on waiting till the H1 RSIOMA/21 stoch break 80 in the case and the H4 8 stoch breaks 50 - vast majority of time when the H4 is overbought(or sold) they are great indics for getting in early on a swing
The more I learn the more I don't know
  • #17,634
  • Apr 19, 2017 5:51pm Apr 19, 2017 5:51pm
Quoting viennasfc
Question re. dashboard: I use the "ADX Dash Alien v2" by Forexkebab, which works great (tyvm if you see this). Let's say I want to exit a long when the ADX 144 turns down: this would mean the 144 ADX dash has to turn grey (from green), correct? I have seen several instances where the ADX Line (shown black on my chart) is still pointing up but the dashboard shows it has turned. I exited, and several bars later the ADX turns green again, while the ADX line on the chart never pointed down. (Below is a schematic example to show what I mean)... How do...
Easy answer - delete dashboard (not needed)
  • #17,635
  • Edited 12:15pm Apr 20, 2017 1:11am | Edited 12:15pm
Quoting Crooky
I will bow to your superior skills, but as we know, by the time the DS crosses as it is doing now, the move is generally close an end - wouldn't you prefer a shorter time frame pullback and retest - after all price now is at serious support and resistance levels
I bow to Marco too, but agree this move seems too far gone already to enter until pullback, maybe I am wrong.

What a nice entry there was on this pair after break of BBS on H4 +H1 ADX though.

People do not seem to talk about using BBS break much here - it is a major component of Alien's system to make trades better, see his post here and some great posts just before it:

Quoting forexalien
Several ways to trade: Trading and Learning in Review................ 1. The name of the game here is to locate a Bollinger Band Squeeze and pick the new trend, out of the chute before, or as it is happening......by using the indicators we have been talking about so far.............. 2. Use the RSIOMA and the Delayed Stochastic when they are far apart from each other and trade that as a separate system, this works on all time frames, look at your weekly chart on UDSJPY - 700 - 800 pips already....... 3. Look for the ADX, all 5 speeds to be below...
  • #17,636
  • Apr 20, 2017 1:16am Apr 20, 2017 1:16am
Quoting marcof91
EURCAD Who's with me? {image}
Im on USDCAD but on lower time frame ;p

Attached Image (click to enlarge)
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  • #17,637
  • Apr 20, 2017 2:44am Apr 20, 2017 2:44am
Quoting marcof91
EURCAD Who's with me? {image}
Hi Marco

I also see this 1.4760 target, I do think its going to move around first (French elections/Oil), could be a rapid move and then hit this TP

  • #17,638
  • Apr 20, 2017 4:48am Apr 20, 2017 4:48am
Hi

Can I ask if anyone has seen or has a mq4 file of an ADX divergence indicator

I have been searching for a while and come up blank, I saw FerruFx with the RSIOMA indie, that is very good in function but not an ADX.

Any help or pointers would be gratefully received
  • #17,639
  • Apr 20, 2017 6:33am Apr 20, 2017 6:33am
Quoting viennasfc
Question re. dashboard: I use the "ADX Dash Alien v2" by Forexkebab, which works great (tyvm if you see this). Let's say I want to exit a long when the ADX 144 turns down: this would mean the 144 ADX dash has to turn grey (from green), correct? I have seen several instances where the ADX Line (shown black on my chart) is still pointing up but the dashboard shows it has turned. I exited, and several bars later the ADX turns green again, while the ADX line on the chart never pointed down. (Below is a schematic example to show what I mean)... How do...
Use Adx dash alien V3 .... by FXkebab ....
It's the one I use anyway .....Best of luck!
  • #17,640
  • Apr 20, 2017 6:48am Apr 20, 2017 6:48am
I love when single currency show so much strenght and move altogether.
Here is nice EUR morning move which is continuation of move started on monday (all in line with higher TF's).

Stochs pointing up, ADX powering up, bending BB up, breaking last resistance with a bang!
My potential entries marked, exits when ADX starts to slow down.

GBP is at least equally strong, so no trade there.
Attached Image (click to enlarge)
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