verthigo wrote: Fri Aug 23, 2024 5:25 am Excuse my ignorance and my insistence. I understand that the highest TF to operate at 5M is 30M. But when looking at the 30M chart I still see that the last closed candle is red. Is there something else I'm missing? If it is by structure, it is true that there are two previous higher highs at 30M, creating a CHOCH at 5M. Do you rely on that or do you have another opinion?

Even on 30m the trend is up, the last candle is a pullback candle, almost a pinbar, pure price action. I don't follow any ICT ideas.

Cagliostro wrote: Fri Aug 23, 2024 6:25 am Even on 30m the trend is up, the last candle is a pullback candle, almost a pinbar, pure price action. I don't follow any ICT ideas.

I understand, I will continue practicing with the strategy. I hope I can master it. Thank you very much for your answers. If it weren't too much trouble, when you raise an entry, you could explain what you see in the major TF to enter the trade. It would be very helpful to me, since in the minor TF you have to follow the colors, that part is simple. Good night

verthigo wrote: Fri Aug 23, 2024 7:13 am I understand, I will continue practicing with the strategy. I hope I can master it. Thank you very much for your answers. If it weren't too much trouble, when you raise an entry, you could explain what you see in the major TF to enter the trade. It would be very helpful to me, since in the minor TF you have to follow the colors, that part is simple. Good night

Hello - look at this UJ taken this morning.

-Alignment of all the bottom indicators
-EMA51 reverse
-Bullish candles
-Zigzag arrow pointing up

on 15M TF
-Zigzag arrow pointing up
-Dixie in positive trend

PS: I am going to close it now as it is approaching the open line and news.

Follow the trend, follow the color

ALKEMIX TRADING SYSTEM 3.0


Hello fellow traders - here is the latest version of the Alkemix, the 3.0, ready for a strong september come back. I am still testing the momentum oscillator, not sure 100% as substitution of the beloved RSIOMA, but let's start with this configuration. I am having very good trades and the overall machine is getting better and better. Feel free to share feeback and criticism!

RULES STAY THE SAME - trade in direction of the zigzag, and follow confluences.

Major changes:

1 - TMS Oscillator, this is a version I reworked early this year but started to test only in summer. Trade when the dot, the histo and the MA are all in agreement (i.e. for a long the histo must be white, the ma must be crossing upwards or being already above zero, and the dot must be blue), in any case there is a lovely arrow that works good as a signal of PA leaving a consolidation zone.

2 - Black Levels, these levels are a version of FVG on steroids, as they indicate inefficiences in price action and work as strong magnets for it. PA moves from one level to the next one, simply as that. If you don't see a level waiting for your PA change timeframe and you will find it for sure.

3 - Regularized EMA 200, it gives the overall BIAS of the timeframe. Longs taken above it and Shorts taken below it have a stronger chance to be succesful.

4 - Xard 65m Light, I use here a ligher version of XU65m, as the system leverages only the zigzag as trend identification. It makes the overall system less chunky and usable even on medium power laptops. I'd be eternally grateful to Xard for this gift, the accuracy of the zigzag is the best.

5 - Extended TF. The system now is fine tuned to trade on 1M, 5M,15M and 30M time frames.

The system should be really easy to navigate and use, but feel free to reach me directly for any doubt.

Wish you infinite abudance. Get rich!

+C+

Hi. I have been experimenting with your version 1. Thank you for sharing! For some reason version 2 and now version 3 doesn't load correctly on my mt4. IS there anything special I need to do other than placing indicators in indicators folder and template in the templates folder?

RyuKen wrote: Tue Aug 27, 2024 9:50 am Hi. I have been experimenting with your version 1. Thank you for sharing! For some reason version 2 and now version 3 doesn't load correctly on my mt4. IS there anything special I need to do other than placing indicators in indicators folder and template in the templates folder?

I don't know, did you try with a fresh installation of MT4? I have the template loaded on 4 different machines, without issues.

Cagliostro wrote: Tue Aug 27, 2024 5:34 pm I don't know, did you try with a fresh installation of MT4? I have the template loaded on 4 different machines, without issues.

Thanks for the new update,when trading in the direction of the zigzag,is it the zigzag on the current timeframe (5min) i'm trading or a higher timeframe and is it after 2nd dot of the zigzag on the current timeframe?'

Topguy7 wrote: Tue Aug 27, 2024 5:58 pm Thanks for the new update,when trading in the direction of the zigzag,is it the zigzag on the current timeframe (5min) i'm trading or a higher timeframe and is it after 2nd dot of the zigzag on the current timeframe?'

You can trade the current TF, but be aware that if you go against 30M or higher TF you are trading a pullback in a contrarian trend. This means that the trade is risky and that pips will be less than trading with the higher TF. I usually check the 30M and never go against it.

The system show the last 2 histo lines on bottom of the chart that give you higher TF bias in any case, so it is relatively safe even to go for a pullback.

First entry with the new version Alkemix 3.0, it looks clearer, at least at high TF. I like how it looks. Thank you very much for the contribution Cagliostro

verthigo wrote: Wed Aug 28, 2024 1:02 am First entry with the new version Alkemix 3.0, it looks clearer, at least at high TF. I like how it looks. Thank you very much for the contribution Cagliostro

Pay attention to the black levels, when price fails to conquer one of them, usually starts running away in the opposite direction, like in the entry you showed.