Re: ✡ Cagliostro's Alkemix Trading System ✡

24
DaveTrader wrote: Tue Jun 18, 2024 9:06 am Hello Cagliostro
I found another stepMA for mt5. It is close, but I haven't got it to match precisely. The Sensitivity Factor setting seems to have infinite decimal places, so it could be there and I haven't found it yet. I have done no trading with it, just looked to match the visual outputs.
StepMA's 2024-06-17 184514.png mt5 Step settings 2024-06-17 183734.png

stepma_nrtr.mq5
Thanks mate, will test it. It is the only missing piece to complete the system also for MT5.

Re: ✡ Cagliostro's Alkemix Trading System ✡

25
Cagliostro wrote: Mon Jun 17, 2024 11:31 pm Beautiful counter trend on gold at NY open, closed 430 pips at resistance.

Step MA Power!

immagine_2024-06-17_153005091.png
There is something wrong with your pip counter.............I think you will find your trade is only 43 pips at the end of the day


Re: ✡ Cagliostro's Alkemix Trading System ✡

26
Cagliostro wrote: Tue Jun 11, 2024 8:03 pm immagine_2024-06-17_014159984.png

INTRODUCTION
Hi guys - after receiving the honor to have a thread for my system, during the weekend I reviewed backtests and indicators' balancing. I updated everything, and this is Version 1.0 of the new system. This is what I traded in the last month and what I will trade in the next weeks.

I will update it regularly, as we never stop looking for improvements. Naturally, any suggestion to improve, change or evolve it will be more than welcome.

A small curiosity, the name is inspired by alchemy as I've been practicing traditional alchemy for more than 25 years and it sounded pretty appropriate. Alchemy is the art to see what others do not see, the art to mix common elements to create completely new forms. And this is what I tried to do with the trading system, I mixed elements from other systems, indicators created by the smartest coders around and spent months and months in the lab, working and re-working everything, until gold emerged.

Big thanks to @Xard777 @Kvak @MrTools @Funchi and @Jimmy for the inspirations and help. I really hope this little philosophical stone can help others to tramute trading efforts into pure gold.


QUICK RULES

TIME FRAME
The system works on all time frames, I backtested and traded mainly on 5M and 15M. I usually check bias on 1H and execute on 5H or, alternatively if have not much time to stay in front of the charts use 4H bias and execute on 15M.

TRADED INSTRUMENTS
GBPUSD (OR EURUSD), GBPJPY, XAUUSD, UK100 during London session
XAUUSD, US30, USDCAD, USDCHF, USDJPY during New York session

LONG TRADES
1) Wait for sky blue Arrow signal from StepMA
2) Enter long when price is above the 51 MA trendline.
3) RSIOMA band needs to point UPWARD. Ideal condition is that arrow signal appears when RSIOMA is crossing up the 20 level. Otherwise it needs to be in the 20-50 area. ***DO NOT ENTER LONG IF THE RSIOMA BAND IS FLAT IN THE 0-20 AREA OR IF IT IS ABOVE 80***
4) The three histo lines need to be all sky blue as well.
5) Exit at contrary Arrow signal or trend change.

SHORT TRADES
All signals must be inverted compared to longs.

IMPORTANT NOTES
1) For safe trades long only when there is a zig-zag big sema arrow on the left pointing up and short when there is one pointing down.
2) The golden rule of trading the second dot of the zig-zag is always a great guide towards success.
3) Daily bias is very important too, therefore it is better to long only above the entry line or short only below it.
4) There is a Supply Demand button on the bottom left of the chart. I usually check it quicky to undeline consolidation zones or confirm a zig-zag top-bottom.

The secret of daily trade is convergence, if you wait for all elements on the chart to agree, the system will help you a lot. For me win rate is around 68-70%.


immagine_2024-06-17_035859214.png

Version 1.0
The Alkemix 1.0.tplThe Alkemix.rar


With love.
+C+
Hello Cagliostro,

I have some suggestions for this post:

to this post, can you insert the old version too?
Or is not important?
And the indicators on the folders is a great idea to.

Because i tested in this weekend and i like the colours, and the way has been organized. And thanks a lot for sharing your template and detailed rules.
"The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

Tips on how to learn the XARD system
Inspiration for my trading style
Chasing dreams

Re: ✡ Cagliostro's Alkemix Trading System ✡

29
Curioso wrote: Tue Jun 18, 2024 7:08 pm Hello Cagliostro,

I have some suggestions for this post:

to this post, can you insert the old version too?
Or is not important?
And the indicators on the folders is a great idea to.

Because i tested in this weekend and i like the colours, and the way has been organized. And thanks a lot for sharing your template and detailed rules.
I tested the two versions extensively, the changes are related mainly to the confirmation indicators, new version is more aligned and works on all TFs, while the original one sometimes gave inconsistent of conflicting signals.

Re: ✡ Cagliostro's Alkemix Trading System ✡

30
Today's news went into our favor, but setup was there before the news. I took the safe entry as it was a countertrend trade, but a more aggressive entry was present earlier, before the trend change confirmation. Note: a StepMA arrow after a zigzag sema arrow is almost safe to take!


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