Hello friends, I want to adapt the xard system to my system and I'm trying to catch big movements in m1
for the entry in m1 I use a personal indicator, but the total logic I want to follow the xard system
i.e.
I want to identify a strong trend at a higher time frame and take the pullback in the same direction as the higher time frame, but enter at m1
I have some questions, PLEASE someone with experience answer...
As I will enter m1 I decided to remove the smaller traffic light and the gray one too, I left the traffic light with a square and the one without a square but with large signs.
doubts
1)Which traffic light is most likely to be a strong movement? the sign with a square together, what is the difference between it and the one without a square?
2) in the example photo, does the thick line indicate that a strong downtrend is coming? but after that some traffic lights with a square appear, which one should I follow
3) in the example in the photo
1=traffic light with square
2=traffic light without square (possible second point)
3=my personal indicator shows BUY entry in the same direction as 1 and 2
(but there is a problem, a traffic light appeared with a sales square prior to my entry, could this cancel the purchase??)
4=should ignore the BUY and wait for a sell in a sell, as the thick line is showing a selling trend
I just want to use the system structure to try to catch a big movement in m1 or m5
thanks brothers
Attachments forums
Re: XARD - Simple Trend Following Trading System
1337br, Wed May 01, 2024 10:36 pm