Re: ✡ Cagliostro's Alkemix Trading System ✡

273
Nabs wrote: Thu Oct 24, 2024 6:22 pm Hello Cagliostro,

First of all thank you for sharing your work and your excellent system.

I just started using it after slightly modifying it by removing some indicators. I find it really simple and comfortable to use, which is appreciable given the difficulty of the choices we have to make on a daily basis.

I took this excellent trade between the Asian and London for +80 pips, thanks again!
Image

There was no second dot but 4 mini dots, I thought it was ok, especially with the crossing of the EMA 200 and several bullish black levels below.

I aimed for the exit at the next opposite black levels, what do you think? Any other recommendations? For the SL do you use bigsema or black levels or EMA ?
Hi Nabs,
DO you mind posting your set of indicators and template please.TIA


Re: ✡ Cagliostro's Alkemix Trading System ✡

276
SLN wrote: Sun Oct 27, 2024 9:07 am Hi Nabs,
If i am not bothering you what are the rules for trades please entries and exits?
TIA
I am new to using this system, but I generally follow the rules mentioned by Cagliostro in the previous pages.
  • Follow the bias of the semafor in M5 (in the same direction as the HTF m30)
  • 2 levels in the direction of the trade
  • The alignment of all bottom indicators of the same color (red for sell white for long)
  • The crossing of all the EMAs

TP: next level inverse to the direction of the trade (if too close, aim for a more distant one in m15 for example)
SL: 2nd levels or the semafor

I really invite you to read the thread, the informations given by the author are very valuable.
These users thanked the author Nabs for the post (total 2):
SLN, davidpont

Re: ✡ Cagliostro's Alkemix Trading System ✡

277
Hello Cagliostro.
Thank you for sharing the system. I have gone through the entire thread and it looks simple and yields insane pips. I have 2 questions which seem stupid but please bare with me.
1. What are the green/blue boxes/rectanglesthat appear on the chart?
2. If I want to backtest and Manually scroll back, only showing one candle at a timez will that be a correct way to do it since the dots repaint? I feel like it will look accurate everytime.

I will be trying out this system on a demo going forward, starting tomorrow.
Thank you once again!

Re: ✡ Cagliostro's Alkemix Trading System ✡

278
Abzak wrote: Sun Oct 27, 2024 10:26 pm Hello Cagliostro.
Thank you for sharing the system. I have gone through the entire thread and it looks simple and yields insane pips. I have 2 questions which seem stupid but please bare with me.
1. What are the green/blue boxes/rectanglesthat appear on the chart?
2. If I want to backtest and Manually scroll back, only showing one candle at a timez will that be a correct way to do it since the dots repaint? I feel like it will look accurate everytime.

I will be trying out this system on a demo going forward, starting tomorrow.
Thank you once again!
Hello Abzak,
Welcome to the forum,
I am also new and trying to understand the system.
With reference your first point regarding green blue rectangleas on the chart , they indicate the sessions i.e Asia Session , London Session and NY Session , on top left of each rectangle it shows the movement the pair has made in that session ( high - low)
Hopefully soemone experienced or Cagliostro will help you regarding your point no 2 , back testing , which I am also anxious to know.

Hope it helps.

Thanks
These users thanked the author mazibee for the post:
Abzak

Re: ✡ Cagliostro's Alkemix Trading System ✡

279
mazibee wrote: Mon Oct 28, 2024 12:08 am Hello Abzak,
Welcome to the forum,
I am also new and trying to understand the system.
With reference your first point regarding green blue rectangleas on the chart , they indicate the sessions i.e Asia Session , London Session and NY Session , on top left of each rectangle it shows the movement the pair has made in that session ( high - low)
Hopefully soemone experienced or Cagliostro will help you regarding your point no 2 , back testing , which I am also anxious to know.

Hope it helps.

Thanks
Thank you very much!