Re: XARD - Simple Trend Following Trading System
10691P.S. Yes, I know, I rushed.
I always had mad respect for you and the system/s you have made and even contributed to the community, but this is by far the best and smoothest template you have made so far.xard777 wrote: Mon May 02, 2022 5:05 pm Latest Update XU v32
The number one rule in the Market is when Price is Above the 200SMA to consider BUYING opportunities only and when Price is Below the 200SMA to consider SELLING opportunities only. This is the Industry Standard, so it makes sense to work off it and show it on the setup.
In the latest update, I decided to set the T2MA to 200SMA (Industry Standard).
As for the T1MA setting, I changed the T1MA to 42EMA as in “Life, the Universe, and Everything” which is forty-two (Hitchhikers Guide to the Galaxy). Works a charm.
So T2MA = 200SMA and T1MA = 42EMA.
Anyway, I tried it and the small Semafor tends to bounce off it just nice. Plus when you are trading you have the added knowledge when Price is Above/Below the 200SMA. How cool is that?
Regarding the RSi, I have added a simple RSI-coloured text (top-right of sub-window) showing when the RSI is above (Blue) trending UP, below (Red) trending down, and (Grey) in between.
I have dropped the ZZ1 Orange line in this setup as I feel it is not needed and is just overkill. We still have the Square Semafor in play.
This is my final setup which I have refined over the years to its original Simple Trend Following System to use when intra-day trading the markets.
May it be your roadmap and help you with your Directional trading and make you a boatload of Pip$ along the way.
There is no better feeling than being your own boss booking 50%, 60%, 70%, and 80% on a daily basis.
With Pip$ comes freedom and a whole lot more...
Enjoy!
Xard777
DEAR XARD
It is included in XU-v22dansmol wrote: Thu May 05, 2022 8:19 am DEAR XARD
CAN YOU TELL ME WHY XU V32 SESSIONS DOES NOT
SHOW ON THE CHARTS
THANK YOU VERY MUCH
Dan![]()
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Sessions only works with a limited number of Symbols. They are HK50, JP225, WS30, US500, US2000, DAX30, GBPAUD, GBPCAD, GBPNZD, GBPUSD, XAUUSD, USOUSD and CHINA50. Anything different to those is not going work.Skyold wrote: Thu May 05, 2022 9:20 am It is included in XU-v22
viewtopic.php?p=1295459130#p1295459130
EDIT: You are right, sessions does not work
Is it possible to try use some of the indicator and setup a new symbol ?FourXXXX wrote: Thu May 05, 2022 5:05 pm Sessions only works with a limited number of Symbols. They are HK50, JP225, WS30, US500, US2000, DAX30, GBPAUD, GBPCAD, GBPNZD, GBPUSD, XAUUSD, USOUSD and CHINA50. Anything different to those is not going work.
I use this Sessions indicator it works well for me, just means you have to enter the times yourself.RosyCindy wrote: Fri May 06, 2022 5:54 am Is it possible to try use some of the indicator and setup a new symbol ?