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Re: XARD - Simple Trend Following Trading System

Pikachu, Tue Jun 02, 2020 2:25 am

Skyold wrote: Tue Jun 02, 2020 2:17 am

Hi Pikachu,

thank you for your detailed explanation with the understandable pictures.
The optimal situation is of course very nice to trade. If this situation does not exist, then my option is to wait until the arrow breaks, even if I miss big movements.
After doing my own research, I decided to use the 30MIN chart as an overview and trade the 5MIN chart.
Thank you again for your explanations
Hello Skyold,

definitley not always as "simple" as it sounds to me to trade.

You can also trade purely the dots no matter if red or blue arrow.

The optimum case would be: So you are waiting that price cross the thick ma line (signal line) and open a sell order. And immediately go out when a blue lower dot appears.
Or you can wait more since you can assume that the blue lower dot repaints more. But that does not mean always that there are more pips since it can make new low but the close of this bar is much higher then previous one. This method is clearly more like "scalping".

Hope it helps.
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