mazibee wrote: Sat Oct 26, 2024 9:42 pm Hello Everyone,

This is my first post in this thread, and I’d like to start by thanking this amazing community.
Special thanks to @Jimmy, along with the admins and moderators.
I’m especially grateful to:
@xard777 : Your generosity and dedication to freely sharing your knowledge in a materialistic world is truly inspiring. Thank you for your invaluable contributions.
@Curioso : Your commitment to helping everyone, especially beginners, and encouraging experienced traders to share insights is invaluable. Your guidance has been incredibly helpful.
@XXXX, @BeatlemaniaSA, @Cagliostro : For the variations to the xard777 system.

I’ve been silently watching the new posts in the thread , especially with Curioso’s challenge, and though I wasn’t ready to participate before, I’ve now decided to commit to using the Xard777 system XARD - Simple Trend Following Trading System. I'm still trading on a demo account, unfortunately I am still in the negative. Since I’ve yet to trade with real money, this is very much a learning journey for me. I will not start with real money until I am not consistentlty profitable on demo. (Is this the right approach?)

I’m currently working to understand Semafors, which I know are foundational to the Xard777 system. I understand that they’re based on the ZigZag indicator both ZigZag and Semafors repaint. My existing knowledge includes S&R, S&D, and Dow Theory, Change of Structure & Break of Structure, though applying these in real-time trades is a skill I’m still mastering.

I’m constantly amazed by how members here trade on the M1 and M5 time frames, especially with XAUUSD and indices
@Neroloft seems to have mastered M1 and XAUUSD, very impressive results. I am very sorry to hear about your loss @Neroloft. May your father rest in peace,Amen.
However, due to my location in the UK and my job (08:30 to 18:15, GMT+1), I often miss the London session and most of the day’s activity. Given my schedule, I plan to focus on the M15 time frame using Xard777’s system, as I find it’s easier to grasp the semafor settings at that level.

My Current Understanding of Semafor Settings for M15:

M15 Semafor (9): Reflects short-term movement on M15.
H1 Semafor (36): Indicates a trend signal on H1. (M15 x 4) (9x4 = 36)
H4 Semafor (144): Represents H4 trends. (H1 x 4) (36x4 = 144)
DotPer5 (576): This higher semafor could suggest stronger trends or potential reversals beyond H4, possibly indicating significant support or resistance levels.

My Queries:

• Is the M15 time frame a good place to start, or should I begin with the M5? For now, I don’t feel ready for M1.

• When price is trending up or down, the DotPer5 (576) Square Big Arrow semafor adjusts with new highs and lows, making it challenging to confirm a second dot entry without repainting issues. Any suggestions on how to manage this?

• I plan to try the “second dot entry” strategy on M15 but am unsure about the repainting aspect. Since Semafors (9) and (36) can repaint, would it make sense to wait a few bars to see if the second dot holds before entering?

• Waiting for the price to cross the above/ below the MA band to confirm trend continuation after the second dot formation.

• There are many versions of the Xard777 system. Which version would you recommend for a beginner looking to grasp the system’s core concepts? I’ve read Curioso’s post on the first page, but I’m finding the wealth of information a bit overwhelming.

I would greatly appreciate any guidance from experienced members here to confirm whether I’m on the right track with my understanding and approach. I’m confident that with the support of this community, I’ll succeed—it’ll just take time.

Sorry for the lengthy post.

@xard777, @Curioso thanks once again for your time and continued support, I am feeling lucky and privilged to be part of this community.