Alchemy V2.6 is a forex trading system. This is a kind of a forex trading system that you might have never seen before because it is so decorative and it looks like video games for kids. But whatever it looks like, it is a great Fx trading system. It is a reliable forex trading system. If you follow the rules of the system, successful trading with this system is guaranteed. To be specific in numerical terms, there are 14 technical indicators in the main chart window and 3 indicators in the indicator window. But we do not have to use all those indicators to make our trading decision while using Alchemy v2.6 forex trading system.
When the Alchemy v2.6 is correctly installed on your trading platform, which is metatrader, your chart should look like this:
There are numbers of ways you can use this system for making trading decisions. We will try to use this system in the simplest way possible. We will use the red dot surrounded by white circle indicator which you can see in the above picture. You can see such dots when the market changes its directions. Buy when these dots appear in the support level and sell when these dots appear in the resistance zone. However, our trades will not be executed solely based on this single indicator. Signal has to be confirmed by the two oscillators in the indicator window. White oscillator has to cross above the black oscillator in order to confirm the bullish signal. Similarly, white oscillator has to cross below the black oscillator in order to confirm the selling signal.
This system also consists of moving averages on the main chart window. You can use them if they fit to your strategy.
Buying Conditions Using Alchemy v2.6 System.
- Red dot with white circle outside it (an indicator) should appear below the price chart.
- White oscillator of indicator window should cross above the black oscillator.
- Place your stop loss just below the recent swing low.
- Take your profit when red dot with white circle outside it (an indicator) appears above the price chart.
Selling Conditions Using Alchemy v2.6 System.
- Red dot with white circle outside it (an indicator) should appear above the price chart.
- White oscillator of indicator window should cross below the black oscillator.
- Place your stop loss just above the recent swing high.
- Take your profit when red dot with green circle outside it (an indicator) appears below the price chart.
Download Free Forex Alchemy V2.6 Strategy