Re: 🔺 MT5 XARD - Simple Trend Following Trading System
Posted: Sun Oct 19, 2025 5:24 am
Many are now focused on semaphores of different sizes.
The system is trend following. Semaphores come when they are supposed to come, it does not mean a trend reversal or a buy/sell order. They are just different levels of pivot high/low. RPlus once gave a good example of that, I just can't find it now.
xard777 gave a pretty exhaustive answer to that
Quote
Sun Jul 13, 2025 5:06 am "At the heart of my toolkit are two essential elements that guide every decision: Exponential Moving Averages (EMAs) for trend direction and Semafors for identifying pivotal turning points"
post1295568720.html#p1295568720
The system has moved on, but the principle is the same
EDIT
When I had the time, I tried to make that TradingView code https://www.tradingview.com/script/hyeo ... hartPrime/ suitable for MT5. Well, it didn't work in every way, but it helps to follow the trend and breakouts.
https://www.tradingview.com/script/hyeo ... hartPrime/
Source code if somebody want
The system is trend following. Semaphores come when they are supposed to come, it does not mean a trend reversal or a buy/sell order. They are just different levels of pivot high/low. RPlus once gave a good example of that, I just can't find it now.
xard777 gave a pretty exhaustive answer to that
Quote
Sun Jul 13, 2025 5:06 am "At the heart of my toolkit are two essential elements that guide every decision: Exponential Moving Averages (EMAs) for trend direction and Semafors for identifying pivotal turning points"
post1295568720.html#p1295568720
The system has moved on, but the principle is the same
EDIT
When I had the time, I tried to make that TradingView code https://www.tradingview.com/script/hyeo ... hartPrime/ suitable for MT5. Well, it didn't work in every way, but it helps to follow the trend and breakouts.
https://www.tradingview.com/script/hyeo ... hartPrime/
Source code if somebody want