Good day. This indicator draws, I understand correctly?Cagliostro wrote: Thu Oct 24, 2024 2:29 am Thanks Mr. Gold for the day!
image_2024-10-23_172715496.png
I am testing this new Fisher's transformation indi, test and let me know how it goes!
PS: the settings are not good for 1M, but are good for 5/15M.
Re: ✡ Cagliostro's Alkemix Trading System ✡
272What do you mean?
"I conjure from shadows and shape fortunes from the unseen. The treasure lies hidden in plain sight, beneath the sunlight." - Cagliostro
Re: ✡ Cagliostro's Alkemix Trading System ✡
273Hi Nabs,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!
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 ?
DO you mind posting your set of indicators and template please.TIA
Re: ✡ Cagliostro's Alkemix Trading System ✡
274Everything is there!SLN wrote: Sat Oct 26, 2024 4:53 am Hi Nabs,
DO you mind posting your set of indicators and template please.TIA
- These users thanked the author Nabs for the post (total 3):
- SLN, Andreas2000, kudrpenk
Re: ✡ Cagliostro's Alkemix Trading System ✡
275Hi Nabs,
If i am not bothering you what are the rules for trades please entries and exits?
TIA
Re: ✡ Cagliostro's Alkemix Trading System ✡
276I am new to using this system, but I generally follow the rules mentioned by Cagliostro in the previous pages.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
- 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.
Re: ✡ Cagliostro's Alkemix Trading System ✡
277Hello 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!
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 ✡
278Hello Abzak,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!
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
Re: ✡ Cagliostro's Alkemix Trading System ✡
279Thank you very much!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
Re: ✡ Cagliostro's Alkemix Trading System ✡
280
Hello Cagliostro. I just took my first trade with your system on a demo account to build up confidence and practise. I went against by bias for the cable, but I couldn't resist. Price rejected the black level. And I simply traded from that one level to the opposite black level. Thank you once again!