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Re: 🔺 MT5 XARD - Simple Trend Following Trading System

jackboton, Thu Dec 11, 2025 8:51 pm

jackboton wrote: Thu Dec 11, 2025 8:15 pm On the 30-minute chart, there is no blue candle for long entry, but the second point (orange) relative to the pink dot appears, and the first candle after the orange dot is pink. If the candle remains pink when it closes, a short position can be entered with a stop loss set above the orange dot. However, for me, I switch to the 6-minute chart and find that the second point (green) corresponding to the blue dot appears, indicating a potential long opportunity. However, since the candle hasn't turned blue, further waiting is required. Additionally, the second point (orange) corresponding to the pink dot hasn't appeared, so I will not enter a short position and will continue to wait patiently.
Open a long position when the candle closes after the green dot and turns blue. Set the stop loss below the green dot or if the candle changes color. Should we short when a pink dot appears? No, wait for the second dot (orange dot) to appear, and only short if the candle is pink. Take profit can be based on Fibonacci levels in batches. The rest is left to the market.
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