Re: XARD - Simple Trend Following Trading System
6831Hi everyone. This may not be exactly correct, but has connected Xard systems to the Meyney pullback system: -)
Maybe but also i enter when the one hour candle forms so its a clearer direction
I saw this possible entry too and didn't open because of the counter trend direction.
Wait for the pink candle to confirm the sell.. then you sellsashadeol wrote: Sat Apr 10, 2021 3:04 am Brothers, can anyone help me understand this.
This is M30 chart.
2021-04-09 13_02_51-Window.png
Appreciate that, but if the BUY trend continues, we would miss this BUY entry and the triangle will disappear as it breaks.
Try this method, you will also avoid choppiness. Also triangles take into account like dots, but be awaremsbh wrote: Fri Apr 09, 2021 8:06 pm This is a great idea Xard.
I started drawing boxes manually on my chart on the Red/Greens dots before 2 months
to help confirm a breakout in the direction of the last Arrow on M5 charts.
Only 2 weeks back, I switched to M30 chart to see how many more pips I can catch![]()
The advantage of catching breakouts on higher time frames like M30 and above is that
they give you more pips and less fakeouts.
Im currently working on an exit / close trade method. Will post it once I have good results.
God bless you Xard![]()
As you can see now, in the image below, the triangle disappeared as price continued highersashadeol wrote: Sat Apr 10, 2021 3:21 am
Appreciate that, but if the BUY trend continues, we would miss this BUY entry and the triangle will disappear as it breaks.
if you see the current chart, it seems to be breaking the last high and as such triangle will disappear.
2.png