Attachments forums

List of attachments posted on this forum.


All files on forums: 162875

Re: XARD - Simple Trend Following Trading System

Maffe, Mon Aug 21, 2023 4:14 am

Maffe wrote: Sun Aug 20, 2023 12:36 am Can anyone explain entries? Do i trade of the second semafor once the MA is broken to the correct side?

XARD: A quick recap on how I would trade.
To play the long game I would trade the 15min chart and use the Square on that chart as my BIAS.
If my BIAS is a TOP Square then I look to trade every Pink Dot that appears and look to EXIT on the next Green UP Arrow-Dot.
If my BIAS is a BOT Square then I look to trade every Blue Dot that appears and look to EXIT on the next Red DOWN Arrow-Dot.

For shorter intra-day trades I would use 1min or 5min chart and use that TFs Square as my BIAS.
If my BIAS is a TOP Square then I look to trade every TOP Gray Dot that appears and look to EXIT on the next Blue Dot or Green UP Arrow-Dot.
If my BIAS is a BOT Square then I look to trade every BOT Gray Dot that appears and look to EXIT on the next Pink Dot or Red DOWN Arrow-Dot.

NB Once my Daily Target is Hit
I would STOP trading, shut everything down and go do something else away from the pc.
Hello XARD.

Thank you for personally replying to my post and taking valuble time to respond your community!

Pretty short solid recap appreciate it sir. I´m returning with 2 examples to make sure I grasped the key points, in the examples i´d go off the 5minute, considered short intraday trades and I would go off the grey dot after the BIAS arrow.
example 1 example 1
In this one, are my mark up correct? how would you personally scale in on the second entry when the DOT is formed and price are alreadey above trendline?
example 2 example 2
Same for this one, also when BIAS shift to bearish, where is entry when DOT is formed when price are below trendline? What is the confirmation that the DOT will not be redrawn above trendline?

Thank you very much for your time

XARD: On the 5min chart you would use the 5min Square as your BIAS first - Trading with the Trend.
Then whatever trade you take it would be in the direction of the ARROW of the last Square (Red Arrow Square = SELL trades only + Green Arrow Square = BUY trades only.
All files in topic