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Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Mon Nov 11, 2024 8:23 am
by KstSarVik
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?

Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Mon Nov 11, 2024 8:45 am
by mazibee
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 ✡

Posted: Mon Nov 11, 2024 7:50 pm
by Cagliostro

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 ;)

Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Mon Nov 11, 2024 10:38 pm
by Cagliostro
DXY bullish.

Target for GU is 1.28650 and then long.


Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Mon Nov 11, 2024 11:34 pm
by Sliq
Cagliostro wrote: Mon Nov 11, 2024 10:38 pm DXY bullish.

Target for GU is 1.28650 and then long.


image_2024-11-11_123813461.png
Hello Chief, you didn't wait for zigzag setup?

Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Mon Nov 11, 2024 11:57 pm
by joliviere
Cagliostro wrote: Mon Nov 11, 2024 10:38 pm DXY bullish.

Target for GU is 1.28650 and then long.


image_2024-11-11_123813461.png
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?

Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Tue Nov 12, 2024 1:59 am
by Sliq
Hello Cagliostro.
Just got in, I hope Am correct.

Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Tue Nov 12, 2024 3:37 am
by Cagliostro
Sliq wrote: Mon Nov 11, 2024 11:34 pm Hello Chief, you didn't wait for zigzag setup?
DXY was skyrocketing, so took a bit of risk here.

Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Tue Nov 12, 2024 3:38 am
by Cagliostro
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.

Re: ✡ Cagliostro's Alkemix Trading System ✡

Posted: Tue Nov 12, 2024 3:40 am
by Cagliostro
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.