Attachments forums

List of attachments posted on this forum.


All files on forums: 136202

Re: XARD - Simple Trend Following Trading System

Mustafa, Fri Feb 26, 2021 9:05 pm

sudhindragk wrote: Fri Feb 26, 2021 6:54 pm Mustafa and Xard,

Can we modify your tiny screen template to recognize perimeter triangles and still keep it light?

Kindly let me know.

Regards
Sudhindra
if you use it on 5 minutes and higher timeframes the background color change would signal that the perimeter dot has formed.... Now the triangle would form according to the timeframe you use for your trading..... on 1minute it will be the quickest, and will take time as you move to bigger timeframes. see the following two screenshots carefully.... on 5Minute chart the triangle formed a bit later, but looking at 1Minute chart the first triangle was complete and you could take a trade based on that... It is all about your chosen timeframe and risk tolerance... with smaller timeframes there are more fake outs and more errors. With bigger timeframe your stoploss becomes bigger but your accuracy also increases.
All files in topic