Cagliostro wrote: Tue Nov 12, 2024 3:40 am 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.

Cagliostro wrote: Sun Nov 10, 2024 4:01 am image_2024-11-09_172635941.png


Hi folks, as promised here is the latest version of the Alkemix. The majority of the elements are shared with earlier versions, but there are also some new changes. The main updates are:

Xard zigzag. I moved back to a modified v65m, as find it the more balanced and lighter for the pc.
Fixes. They are special liquidity levels that work wonderfully together with the Black Levels, bet that price action during the day will be back to those levels, for sure.
Legacy of Gann. Great tool to setup TP levels.
Murrey Levels. They are strong levels present in the earlier version of the Xard system, and find them very efficient to understand the stage of maturity of a specific market leg.
Waddah Attar. I brought it back too, a volatility momentum indicator is definitively a big added value.
GAnn PO9 Trend Filter. It combines various Gann geometries to show a MTF bias that automaticallly adapts to the TF used.

image_2024-11-09_174905848.png


I fine tuned some settings and am still working on it, but wanted to release the new version asap. Test it and let me know, it works very well also on 1M TF.

PS: If you are wondering why colors are on bluish tones and the name is dedicated to Jupiter, he was not only the King of Gods but also the God of abundance, expansion and success. His energy is manifested by the blue color, accordingly to the oldest esoteric schools.

LOVE.

+C+

kudrpenk wrote: Wed Nov 13, 2024 5:18 am Hello big one, Cagliostro! A great new system! Thank you very much! you wrote "still working on it." I'd rather wait until Christmas))) I'll try to test it on a demo. Why not with Kingfisher's Net?

Sliq wrote: Wed Nov 13, 2024 6:00 am Luck or Correct Entry?
Closed at 7/8 murrey
Boss Cagliostro Please review, Thanks

Sliq wrote: Wed Nov 13, 2024 5:30 pm Hello Boss Cagliostro.
What can I do when a Star and or a circle keeps following the price? (It follows for the whole day sometimes) keeping me from entering trades.
Can't trade 5min and above because of this, because it can stay there till night.
In this case the star was at the marked point (yellow arrow) so I couldn't enter a sell trade there, this can keep happening for a long time.
Thanks.

Cagliostro wrote: Mon Nov 11, 2024 7:50 pm image_2024-11-11_094008559.png


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

dannyntex wrote: Thu Nov 14, 2024 5:07 am Hi Cagliostro,
First of all, a big thank you for sharing the system with us. I've been following it for a while and find it increasingly intuitive and easy to use. One thing, and this is my concern, would be desirable and that is when it comes to notifications for certain signals. Is it possible to build in a mobile push notification for the 2nd Dot Indicator, this would be a huge relief for me and in the best case also for others here in the forum. Otherwise, as I said, a very solid system!

Thank you in advance! Danny