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Re: XARD - Simple Trend Following Trading System

normannasty, Fri Oct 08, 2021 5:24 pm

FourXXXX wrote: Fri Oct 08, 2021 7:37 am Xard might correct me here but I think you would continue trading in direction B selling off the yellow Dots and taking short scalps. I would be careful though if there is a larger retracement to the yellow Dot and be ready for a higher Blue Dot indicating a likely trend change.

My reason for saying this is that the downtrend may not be over and could push down quite a bit further. But once you have a second Dot that remains higher than the large Orange followed by a colour change in candles it is a trend change and only buy trades.
Thanks FourXXXX.
So in this case trade off the yellow line or perimeter is not true? When we need to go away from orange line and when need to go paralell with the orange line? Because XARD almanac says trade off the zigzag/PD.
I write here my method which is most of the time fails.
I'm checking the h4 chart. For example on the US30 I see thatthe bias is down white little dot. Then I coming down to h1 and m15. On the m15 I see that the bias is down because of the perimeter dot and away from the orange line. So I go down to 5m to enter trade. down.

BAsed on the pictures attached am I correct?
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