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Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 3:45 am
by Cagliostro
Kiennt wrote: Tue Dec 31, 2024 3:39 am
I understand the rules of the system after reading and following nearly 50 pages so far and am lucky to use the system that has optimized version 5.0.
BUY: will always choose areas around the 1/8 and 2/8 areas to buy up
Sell: will always choose areas around the 8/8 and 7/8 areas to sell down
Along with that, all the signals at the bottom are green or red consensus.
Sorry for my English being used through a compiler.
If there is anything wrong in the above setups, can you point it out for me?
As you said, the system is optimized for trading mainly on 2 time frames, M1 and M5, right?
Thank you very much.
Don't worry for the language mate, it's ok.
Yes, you are right, the Murrey levels give a good idea of potential points of reversals. The best combo is when you have multiple bearish levels on top of the consolidation range for a short and the opposite for a long. Also, care of ADR in combination with Murrey, they are invincible together.
Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 3:47 am
by Cagliostro
Kiennt wrote: Tue Dec 31, 2024 3:45 am
I see in the latest chart you are still trying to optimize the system by adding ichimoku cloud to confirm the trend right
if yes you can try setting it with parameters 7 12 15 respectively, it is also called ThunderCloud right
Correct, I keep putting the ichimoku on and off as love it. Thanks for sharing, I will try the settings

Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 4:05 am
by Kiennt
Cagliostro wrote: Tue Dec 31, 2024 3:47 am
Correct, I keep putting the ichimoku on and off as love it. Thanks for sharing, I will try the settings
Thank you very much for your early response.
I read somewhere I can't remember the page number that you always trade with some currency pairs and indicators, can you suggest me again.
Hopefully 2025 will be a good year for everyone to follow this system and it will be more and more simplified for ease of use in trading m1 m5
Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 4:26 am
by Cagliostro
Kiennt wrote: Tue Dec 31, 2024 4:05 am
Thank you very much for your early response.
I read somewhere I can't remember the page number that you always trade with some currency pairs and indicators, can you suggest me again.
Hopefully 2025 will be a good year for everyone to follow this system and it will be more and more simplified for ease of use in trading m1 m5
I trade mainly London and NY sessions.
London
-DAX
-GOLD
-GBPJPY/ GBPUSD (whatever looks better)
-EURUSD
NY
-US30
-GOLD
-EURUSD
-BTCUSD
Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 4:29 am
by Kiennt
thks man, I'll try.
I remember you always trade 2 or 3 hours after open London and NY right?
Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 5:04 am
by Cagliostro
Kiennt wrote: Tue Dec 31, 2024 4:29 am
thks man, I'll try.
I remember you always trade 2 or 3 hours after open London and NY right?
Yes, usually the first 2/3 hours after the opening.
Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 9:20 am
by PhoenixBlueFeather
Cagliostro wrote: Tue Dec 31, 2024 3:45 am
........ Also, care of ADR in combination with Murrey, they are invincible together.
Hi Cagliostro,
When you have some little spare time, can you give just a couple of words about this dream team ADR+Murrey

.... How do you see their work together ?
All the best,
Happy New Year!

Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 6:47 pm
by Cagliostro
PhoenixBlueFeather wrote: Tue Dec 31, 2024 9:20 am
Hi Cagliostro,
When you have some little spare time, can you give just a couple of words about this dream team ADR+Murrey

.... How do you see their work together ?
All the best,
Happy New Year!
Happy New Year mate.
It's a very easy concept.
When you have both overextended ADR and Murrey levels, it's very likely that price action will retrace downwards. And the opposite when you have both of them contracted. Take a look at the picture.
Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 6:57 pm
by waal69
Asante wrote: Mon Dec 30, 2024 11:16 pm
Hi Lwqa,
Try and use 15 for the calculation length and 5 for the signal threshold.
When I get home I will upload my set file as I am currently using Cagliostro PR on the M30 with a H4 HTF
Hi Asante
The set file you promised, please. Thanks.
Re: ✡ Cagliostro's Alkemix Trading System ✡
Posted: Tue Dec 31, 2024 8:30 pm
by Asante
waal69 wrote: Tue Dec 31, 2024 6:57 pm
Hi Asante
The set file you promised, please. Thanks.
Make adjustments to suit your trading style these particular parameters suit me