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Re: XARD - Simple Trend Following Trading System

XXXX, Wed May 05, 2021 10:06 pm

Mustafa wrote: Wed May 05, 2021 9:58 pm Hi..... I am really looking forward to someone please shed some light on the confluence of Breakout Box, ADX and MMath. I understand the moving average part. That is the easiest. However, Now filtering each signal with these three additional indicators seems challenging.... I believe XARD would not add them randomly for aesthetics only. They are meant to be used in conjunction with each other.... So looking forward to any one having any insight or opinion into the matter..... I wonder why XARD shared the template without making no comments how the setups need to form to become valid and high probability trades......
There is a PDF posted here recently on how to use the breakout box and also for Murrey Math, Breakout PDF says set TP with 1:1 RR. I have found using the breakout box TP and then aiming for Murrey Math 4/8 or 8/8 for TP gives a much higher RR. Xard does well out of targeting 38.2 and 68.1 levels on the chart for US Indices, I am finding The Murrey math works well on China50, HK50 and Gold.
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