chndvz wrote: Sat May 24, 2025 4:30 am Hi Guys,

I'm quite new, and Ive followed the thread and have a basic understanding of the system, not that great though.

I first have to give credit to Cagliostro for such a great system>

With that said, just asking, was my trade entry here bad? Maybe because of the red dot appearing after the up arrow ?

Although if i took the trade just after the arrow would that and the red dot hadn't appeared, that would have been a good entry right?

Please, take this reply as my personal opinion, not a trading recommendation.

In your example, I would first check the HTF market structure. Zooming into the M5, experiencing relatively large moves could block your vision of the big picture.
Observations:
- Today's movement is already exhausted (ATR ~100%)
- Price experienced a sudden drop and recovered. -> hard to decide/predict what happens next. Was it a liquidity grab? Stop Loss Hunt? We could not know for sure. (Any news?)
- Price came back to the DailyOpen line (could act as a dynamic support/resistance line. (Not always, but possible)), so I would be cautious after that point.
- Check the time zones/Sessions: You are trading EURGBP in NY afternoon session. I would not expect high volatility/strong trends in that period of time. (Better to stay out)
- Price did not have any significant zones/levels beneath your entry to support the price. For me, this case is 50/50 where price might go.
- The market was most of the day under the Daily-VWAP. Exceeding it for the first time after quite a long period below it. Highly unlikely to shoot to the moon from that point. (Ranging instead of a bullish trend)

And you could see sometimes overlapping Oracles, but it is not enough for having a high probability entry. You need additional confirmations.

If you let me recommend something. Take your time. Read through the whole threads (Alkemix MT4, Alkemix MT5, Xard MT4 & Xard MT5 (and use Curioso's learning guide). This is a lifelong journey and learning procedure. Don't rush anything.

Edit: Even though the thread is not active anymore, I also recommend taking a look at Beatlemania's MT4 thread as well. And also many, many more hidden gems on this amazing site.

Hello Mr Cagliostro

Do you have a Kingfisher's Net MTF nrp indicator in .ex5 format ?
I really like this indicator. If you have that indicator.
Please share it. I am very grateful for your kindness.
Thank You.

+C+: hi, not yet.

THE ALKEMIX SATURN V2 UPDATE

-Oracle got a big update to improve MTF and multi-instance robustness, with minor increase of signal accuracy (details in the MT5 Lab).
-Structure got the bigger icons to facilitate visualization and improved overall code performance.
-Added BB Sigma deviation bands, only bands2 are visible, as they show the areas where Arrows will be consolidated and reverses/ pullbacks start. You can toggle the median line and the other bands if needed.

PS: this template stretches MT5 capabilities, in case of artifacts of visual issues on low end PCs, toggle something off, or reduce the indicator bar ranges, or reduce the number of charts opened.

Enjoy!
+C+

An indicator has been created to display signals in a histogram by trade type.

Trading type
post1295565608.html#p1295565608

Signal indicator
post1295566144.html#p1295566144

Please let us know if there are any bugs or if you understand something differently.

Why isn't my graph showing arrows?

+C+:

1) Did you use a clean folder?
2) You are not using the old template with the new indicators, right?
3) As stated, this template requires a well equipped machine, how many charts do you have open?

Cagliostro wrote: Mon May 26, 2025 8:20 am THE ALKEMIX SATURN V2 UPDATE

-Oracle got a big update to improve MTF and multi-instance robustness, with minor increase of signal accuracy (details in the MT5 Lab).
-Structure got the bigger icons to facilitate visualization and improved overall code performance.
-Added BB Sigma deviation bands, only bands2 are visible, as they show the areas where Arrows will be consolidated and reverses/ pullbacks start. You can toggle the median line and the other bands if needed.

PS: this template stretches MT5 capabilities, in case of artifacts of visual issues on low end PCs, toggle something off, or reduce the indicator bar ranges, or reduce the number of charts opened.

Enjoy!
+C+

image_2025-05-26_001305789.png

if you want to use the Sigma Channel I made some minor adjustments, use this version.

I am sorry for asking a very basic question but with a bit of help could sort it out. Can someone point out what second dot really is? Sorry for my bad english. As the image below, im not sure if my understanding is correct or not.

I saw this, this morning. Anyway around this? I changed TF and it was still there. Thanks immensely ALKEMIX for this great work of yours.

waal69 wrote: Tue May 27, 2025 5:30 pm I saw this, this morning. Anyway around this? I changed TF and it was still there. Thanks immensely ALKEMIX for this great work of yours.

Use the xu clean script. Change timeframes back and forth and everything should go back to normal.

Hello Sensei Cagliostro. Thank you for the update. Is possible to "normal candles", but still use the same 3 colors we have now?

+C+: hi, at the moment the trend indicator uses only HA. Changing to normal would change the overall trend and arrows. I will think of it for the next update.