Re: ✡ Cagliostro's Alkemix Trading System ✡

312
KstSarVik wrote: Mon Nov 11, 2024 8:23 am Thank you very much for the reply.My indicators were copied separately.When installing the entire folder, the system started working.Can I ask you one more question?And where can I once again learn step by step how to work with this system?
Glad to hear that problem has been resolved.

As I am also new to this forum and thread also, so its better to wait for Master Cagliostro, once he sees your message, he can write the entry and exit rules using this version of this system.

Re: ✡ Cagliostro's Alkemix Trading System ✡

313

Good morning folks. Let's use this long on DAX this morning to refresh the trading rules.

For Long look for

-Favorable zigzag setup (look always for a second dot after a circled star pointing up, in this case we have small dot and it's valid as there is no big contrarian dot on the chart)
-EMA breakout or bounce upwards after consolidation (in this case we had a pullback, after the break of Asian range)
-At least 2 bullish black levels supporting the long (in this case we have a trend with like 9 bullish levels acting as strong support and none above to resist)
-Alignment of the bottom indicators (they need to be of the same color)
-Favorable ADR and Murrey lines (in this case we were above the entry line with 17% ADR, 15-20% is a good range to long; and we had price on 2/8 Murrey that is bullish consolidation)

For Short, naturally, look for the inverse.

Rules are simple, practice is the key.

Have a pipsful week ;)
These users thanked the author Cagliostro for the post (total 12):
mazibee, Nabs, budhi1976, Andreas2000, Sliq, specialkey, dannyntex, ricosuaveiii, Lucas, lean, Mundu19, davidpont
"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 ✡

319
joliviere wrote: Mon Nov 11, 2024 11:57 pm Hello, this is my first post here on the forum and this system is simply wonderful. Is there any chance of it migrating to MT5?
Welcome to the forum!

Yes, it is in my plan.
These users thanked the author Cagliostro for the post (total 2):
joliviere, FXMann
"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 ✡

320
Sliq wrote: Tue Nov 12, 2024 1:59 am Hello Cagliostro.
Just got in, I hope Am correct.
You shorted vs a big circled star, lucky that the trend was very bearish but this is not how the system should work. The Star/ Circled star needs to stay above for shorts and below price for long.

PS: you also shorted with Murrey at 1/8, very very risky of reversal.
These users thanked the author Cagliostro for the post (total 3):
Sliq, mazibee, Abzak
"I conjure from shadows and shape fortunes from the unseen. The treasure lies hidden in plain sight, beneath the sunlight." - Cagliostro