This is the definition of patience by a Persian poet and philosopher about 800 years ago.

The Trader's Academy - by Traders for Traders

Fantastic!

The Trader's Academy - by Traders for Traders

I am a teacher. For me a great student is not someone who is intelligent or hardworking. I believe in one characteristic and that is ambiguity tolerance. I think if someone has enough ambiguity tolerance he will find the answer sooner or later but ...

The Trader's Academy - by Traders for Traders

Completely agree. As I said before we can start a thread to talk about anything related to indicators and EAs. This way we somehow put more emphasis on the original thread because newcomers think to themselves "wow what is this system that some ...

Alien's Extraterrestrial Visual Systems

Wonderful job emonts

Alien's Extraterrestrial Visual Systems

New comers please pay attention. A good technical analyst behaves like a sniper. He waits for the right moment. He prepares his gun before shooting. He considers wind speed and also earth gravity. all of them are done before he finds the right ...

Alien's Extraterrestrial Visual Systems

You are right. I'm using 10 period BB Squeeze and I mentioned it earlier. But let me make something clear here. Actually you don't need any indicators to tell you the price is in range. If there are traders here that can not identify a range and its ...

Alien's Extraterrestrial Visual Systems

1- it's a difficult situation but using ranges you could survive it(your goal is not to make pips in any situation. It's impossible) 2- we don't need all green or all red 3- Using the dashboard we are watching several pairs on several timeframes so ...

Alien's Extraterrestrial Visual Systems

It's strange. I've have never seen something like this in past ten years. I think something is wrong. Using Bollinger Band squeeze as a filter for ADX 15 and with AA_Rsioma_Ebi_Sym has a surprisingly high win ratio. Today I back tested it. Out of ...

Alien's Extraterrestrial Visual Systems

You are right It was my mistake. We should use fixed minimum and maximum for them. But I think there is no need to have adx compression and expansion included in the dashboard. I agree with you. I believe the DS setups are very powerful warnings and ...

Alien's Extraterrestrial Visual Systems

Thanks for your new indicator. If we can implement bbs into the 15 adx somehow we can have great signals.however I believe that using bbs manually is also very easy and when combined with Alien Dashboard you will have the golden goose.

Alien's Extraterrestrial Visual Systems

Use this template and you can see how good compression and expansion is for finding the beginning of a trend. Also pay attention how many beautiful moves you would have lost if you waited for them to compress below the 20 or 10 line. you also need ...

Alien's Extraterrestrial Visual Systems

I know what you mean but as I said before you will lose some nice moves by waiting for this kind of setup. you can only be warned about the beginning of a trend and that warning is also late. So you need compression and expansion setups but they are ...

Alien's Extraterrestrial Visual Systems

Yes that is also a nice weapon to have in our arsenal. ADX compression happens before great moves but its expansion lags the actual price. So the best strategy is to wait for ADX compression then expansion and enter on first retracement which is ...

Alien's Extraterrestrial Visual Systems

EUR/USD. you can see one of the most difficult scenarios in this chart. 12 signals 8 filtered out. 3 wins one loss. image

Alien's Extraterrestrial Visual Systems

This is Silver. out of 8 signals 7 were false and all of them were filtered out. image

Alien's Extraterrestrial Visual Systems

There is a filter for ADX system which hugely improves its accuracy but decreases its RR ratio a little bit. Can you remember what was the first and most important thing that Mr. Alien advised to watch when we look at a chart? Yes, the first thing ...

Alien's Extraterrestrial Visual Systems

It is meant to be used for M5 but I realized that it can be used with higher time frames also. Look the numbers are not based on a holy or sacred source. they just show the higher time frames. Yes if you want to copy exactly what I did in m5 to ...

Alien's Extraterrestrial Visual Systems

Yes that's correct I omitted the numbers which were close to each other

Alien's Extraterrestrial Visual Systems

Thanks again fantastic work.

Alien's Extraterrestrial Visual Systems