Trading Formula

A trading formula is a set of mathematical instructions that define a trader's trading strategy.

We discovered through thorough experiments and testing that the following settings are the most fundamental and have defined them as such:

• Indicator Combination: A confluence of multiple trading signals.

• Time Frame: The amount of time that a trend lasts in a market. Currently, The Alchemist currently has four time frame options: 1D (1 day), 4H (4 hours), 1H (1 hour), and 30M. (30 minutes).

• Entry Point: Refers to the price at which an investor buys or sells a security.

• Target Point: A price level set at the initiation of a trade at which point the trader will exit for a gain.

• DCA Points 1 and 2: Buy or Sell price points recommended by Al-Trade, based on the Dollar-cost averaging strategy.

• Stop-loss Point: A price level to sell an asset when it reaches a particular price point to limit loss in a trade.

• Risk: The probability of losing part or all of the initial investment.

• Reward: The total potential profit, established by a profit target.

• Candlestick-pattern Formula: Formulas developed and tested by The Alchemist for calculating candlestick patterns. These settings are defined by specific inputs or formulae