Re: 🔺 MT5 XARD - Simple Trend Following Trading System

861
Guys, you have to remember that Xard created this system for himself to be repeatable.

The edge lies in how a person interprets what they see on the chart. It is not an algorithmic system that has been tested on historical data (not to mention the fact that creating something profitable on such a low TF as 5 minutes is almost impossible due to costs and market efficiency).

Some people asked for confirmed results that the system is profitable, but even if someone showed a statement, it wouldn't change anything because they can't convey how they see the market on you. That is why there are so many pages with questions from people who are trying to figure it out. The statistics on day trading are such that 99% of people fail to be consistently profitable.

Also, remember that you are competing with an army of people who have better information and technology. CFD brokers don't make things any easier, but let's say that the more reputable ones don't get in the way too much.

Why am I even writing this, knowing that many of you know that the chances of being profitable in the long run are very slim, just to remind you to trade on a demo account. There's no point in losing your money.
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Re: 🔺 MT5 XARD - Simple Trend Following Trading System

865
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
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Re: 🔺 MT5 XARD - Simple Trend Following Trading System

868
Vetis wrote: Tue Sep 23, 2025 4:22 am Maybe looking at chart like this will help someone u still have info about arrow and square in bottom left corner. Only sema 2 is on. U can see 123 pattern and higher lows and higher highs
This is a good approach. Strip the charts down and build it piece by piece. Watch how the layers compliment each other. Experiment with different time frames as you watch the interactions throughout your build.