trader2000 wrote: Sat Jun 22, 2024 2:09 am
dear members /traders ,, could you please tell me what i miss let me miss this sell on gold ,, no small circles appear ? or i did not understand the matter ? please help thanks
tmostafa007 wrote: Sat Jun 22, 2024 3:17 am
Yes, I feel the same way. There's still something unclear. We need a video or additional pictures with examples to help us understand how to avoid a fake signal and identify potential movements accurately.
Hello trader2000 & tmostafa007,
Starting from the beginning, and i see your doubts, and maybe i can help you.
My idea and vision:
- After testing the "Cagliostro's Alkemix Trading System" past weekend on BTCUSD, and see every day Neroloft happier with in M1 give me some ideas to understand the logic using a lower timeframe, like M5 or i love the idea using M1
Be Objective on your learning path:
- Just like the DaveTrader said in post #1 there are all information you need to understand this wonderful strategy
- Don't forget read the previous post from xard777 is easy to understand, there are five of them with a powerful message
- Read with attention, if not understand, try one 2 or more than 10 times, no problem with that
Motivation, and focus:
- I understand sometimes is hard because we are trying to catch all trend and imagine all scenarios when we receive alerts but is in not that way. I made those errors in the past, and with this strategy is all there in only zip, but with rules, discipline, and is possible life changer.
- It's crazy i know but believe is possible.
Suggestion, not necessary invent nothing, keep your mindset clean, before directing to download tab, read with attention all information provided on every post:
#1. Download the latest strategy:
post1295543027.html#p1295543027
#2. Download the update: version:
post1295543500.html#p1295543500
#3. Download this addons to guide you:
post1295543666.html#p1295543666
#4. For this point I understand you are understanding the xard, so my recommendation is two indicators very powerful and useful
XU v015-TRENDBOX.ex4 &
XU v015-DASH1.ex4:
post1295541957.html#p1295541957
Personal notes about the entry on XAUUSD yesterday, and write and easy write language:
#1. BIGSemaUP -> Identity the major trend, is consider an entry point, and yes sometimes i consider that one
#2. 4Th minidot -> If you see an number, means we have an triangle to identify is an buy trend
#3. DailyOpen -> Is only green, so is a buy
...
And during the position you see opposite semaarrow, 2nd semaarrow with all conditions, but no problem, if have an good money management, don´t blow your accounts
...
#4. BIGSemaDown -> and see the triangles, and minidots that same color as bigsema close all, ok the profit is nothing. But no problem, the next one is greatest (this is a mindset i used everyday)
#5. Now we have same rules in opposite direction, and after 10 minidot and wait is terrible, because we are in M1 see the quantity of alerts,..
#6. DailyOpen is on red, perfect
#7. ADR level is % is negative, and let's go again
#1. Is my entry point
#2 After all conditions are matched in opposite signal is a closed position.
Continue:
- Trading is not about taking millions of pips overnight, it requires a lot of discipline, education and, of course, a lot of patience to enter at the right moment.
Advice:
- One tool available we have when we are using MT4 is an opportunity to do a strategy tester and see the patterns, taking some notes and understand the strategy in a better way.
- Start with M15, next M5 and next M1 and see and take your time, and next let's do this and share ideas to grow up and learn together.
- Choose your pairs wisely, in my case I'm using only BTCUSD, US30, XAUUSD, XTIUSD
Next steps:
- What do you think about this idea?
- Now, you understand all this points?
- Can you explain in detail what is your doubt?