Attachments forums

List of attachments posted on this forum.


All files on forums: 159943

Re: 🔺 MT5 XARD - Simple Trend Following Trading System

DaveTrader, Tue Sep 23, 2025 3:39 am

One more for the road... Executed a TP order a few minutes before leaving the house this morning. I put the TP just below the 38% ADR level and it hit a few minutes after arriving at the business. Would have been nice to be on the charts to get those re-entries. But, all in all it worked out just fine.

For those that haven't figured it out yet, don't give up! Start with Xard's 1st post in this MT5 thread and read it over and over. Print/write it out if needed and have it handy as you watch the charts. Keep at it! If you still don't see it, try going to the original MT4 thread and look over Curioso's post that Xard attached to the 1st post in that thread. Also, search for Beatlemania's early Xard Hybrid charts in the original thread. His posts lit the lamp for me and really got things rolling. There is also the possibility that Xard charts just don't mesh with how you see things. That is a possibility, but be sure to give it the chance it deserves and don't sell yourself short by giving up too soon.

At a certain point, you will realize that the Xard entry set-ups are easy to spot. You will also realize that finding the markets bias for your time frame and trading window is paramount. Without identifying that bias, you will end up donating your money to your new found, least favorite broker. All the while, you need to understand and improve your trader's psychology. You need to learn to do away with those emotions you feel when you see a candle skyrocket in front of you. Forget the urge to jump in and "ride the wave" for FOMO. You are well on your way when your emotions stay even, whether win or lose...you will lose trades, we all do. That is why risk management is critical. Whether you like the idea of prop firms or not, learning how they function in regards to risk management is good exercise.

Well, I left early today and am going to go take advantage of that.

I sincerely wish you all the best in your future endeavors.

Dave
All files in topic