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Re: XARD - Simple Trend Following Trading System

Samoth, Wed Aug 14, 2024 7:34 pm

251189 wrote: Wed Aug 14, 2024 5:35 pm Dear all XARD veterans,

I do need some advice on these questions, it's making XARD harder than it seems to be. I could probably be thinking too complicated

1. Do you always face the fact that most of the time the SQUARES/ARROW doesn't coincides with the daily open line?
If the price is below the daily open line, chances are the squares/arrow are usually UP, vice versa
If the price is above the daily open line, chances are the squares/arrow are usually DOWN.
Assuming SQ is DOWN, Arrow is UP, Price is ABOVE daily open, you spot a 2nd dot, do you take a trade? Considering Arrow is UP and Price is ABOVE daily open, assume that everything shows LONG signal except for SQUARE.

Hey 251189,

1) I also have this problem very often, that's why I stopped watching the Daily Open. From the daily open you try to read out which trend will continue, you can do that just as well with the color of the candle from a higher time frame (e.g. if you trade a lot in M5, then look at the candle color in H1). Alternatively, you can simply pay attention to the big squared sema and see this as a substitute for the general trend instead of the daily open.

I am a big fan of time-based market theories such as accumulation, manipulation and distrubution.
Most of the time the candles dip deep below the daily open before the big upward move starts


2. And also I would like to ask if anyone has experience back testing the XARD universe? During back test I was simulating trades purely off the XARD universe, no ADR, no index entry, would this back test be considered effective? Or do you guys just forward test instead?

I have often used XU-65 in the backtest of MT4 and find it quite effective. The index entry is a nice bonus but not the core strategy of Xard.

The ADR is also just a method to filter out sideways markets (<=15%) or if the market is already exhausted (>= 100%), I personally don't really use it anymore because I want to enter a new trend as early as possible. It's the same principle as point 1.), I want to enter below the daily open if I want to buy and above the daily open if I want to sell.


3. On the M5 charts, Curioso rules are very clear except for a few rules I need help with.
1. Rule no 5. Attention the pattern you are looking for, have ZZ. (I do not understand this, isn't the ZZ always on the chart, what pattern am I suppose to look out for? Higher Highs or Higher Lows, is that what he meant?)

I think he is referring to the general market structure (higher highs, lower lows) 4. 2nd Dot meant 1 PINK & 1 BLUE or 2 BLUES (If long)?

It refers to the consecutive number.

For example:

Big Sema up --> 1 minidot on the top, 1 minidot on the bottom (this is the 2nd dot).

If you want to put it in general terms, the 2nd dot is the beginning of a change in the market structure (higher high, lower low)


5 If entered based on 1 BLUE as the 2nd dot, where would I place my SL? The previous SEMAARROW?

Exactly, the previous Sema Arrow. If the trend continues and you want to add more positions, you place it at the previous dot right before your entry. :)

Not gonna lie, I feel that I am getting there but market movements makes me doubts my understanding on the rules over and over again. I seek veteran traders would guide me on this journey, I appreciate any help any comment in any sort.

Regards,
Darren
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