Neroloft wrote: Sat Aug 19, 2023 12:21 am hi all, for those of you who are new in xard system, please do not be confused with the difference of charts you see or we use.
i use the 2nd dot indicator 1st is for my chart simplicity, as much as i want to use the beautifully designed graphical indicators from xard and other contributors, it lags my jurassic setup to the max!

XARD STFTS is price action based, it already shows possible reversal areas and possible trade entry (and confirmation). it took me a while the importance of TMA confirmation to filter wrong entries. and yes as XARD said his system is not rocket science.

if you find this hard to understand, screentime is the key + your interest to learn. no need to jump from one system to another.

if you will try to understand the concept from the image, even just with few indicators you will be able to trade. :idea:

VespaTrader wrote: Sat Aug 19, 2023 1:22 am How to add this to the Xard .tpl file ???? You have to admit it is much more obvious than colours

//+------------------------------------------------------------------+
//|                                                     DuckBias.mq4 |
//|                                       Copyright 2023, DaffyTaffy |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright 2023, DaffyTaffy"
#property link      ""
#property version   "1.00"
#property strict
#property indicator_chart_window
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int OnInit()
  {
//--- indicator buffers mapping
DisplayLogo();
//---
   return(INIT_SUCCEEDED);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime &time[],
                const double &open[],
                const double &high[],
                const double &low[],
                const double &close[],
                const long &tick_volume[],
                const long &volume[],
                const int &spread[])
  {
//---
   
//--- return value of prev_calculated for next call
   return(rates_total);
  }
//+------------------------------------------------------------------+

void DisplayLogo()
{
    ObjectCreate(0,"logo", OBJ_BITMAP_LABEL,0,0,0);
    ObjectSetString(0,"logo",OBJPROP_BMPFILE, "\\Images\\biasduck.bmp");
    
    // Set the anchor point to the bottom right corner
    ObjectSetInteger(0, "logo", OBJPROP_CORNER, CORNER_LEFT_UPPER);
    
    ObjectSetInteger(0,"logo",OBJPROP_XDISTANCE, 30);
    ObjectSetInteger(0,"logo",OBJPROP_YDISTANCE, 30);
}

DaffyTaffy wrote: Sat Aug 19, 2023 4:54 am Here you go. Add this to your Indicators folder then attach it to the chart. Then right-click and save it as a template. The Xard system is now perfect

Here's the source code.

Code: Select all

//+------------------------------------------------------------------+
//|                                                     DuckBias.mq4 |
//|                                       Copyright 2023, DaffyTaffy |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright 2023, DaffyTaffy"
#property link      ""
#property version   "1.00"
#property strict
#property indicator_chart_window
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int OnInit()
  {
//--- indicator buffers mapping
DisplayLogo();
//---
   return(INIT_SUCCEEDED);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime &time[],
                const double &open[],
                const double &high[],
                const double &low[],
                const double &close[],
                const long &tick_volume[],
                const long &volume[],
                const int &spread[])
  {
//---
   
//--- return value of prev_calculated for next call
   return(rates_total);
  }
//+------------------------------------------------------------------+

void DisplayLogo()
{
    ObjectCreate(0,"logo", OBJ_BITMAP_LABEL,0,0,0);
    ObjectSetString(0,"logo",OBJPROP_BMPFILE, "\\Images\\biasduck.bmp");
    
    // Set the anchor point to the bottom right corner
    ObjectSetInteger(0, "logo", OBJPROP_CORNER, CORNER_LEFT_UPPER);
    
    ObjectSetInteger(0,"logo",OBJPROP_XDISTANCE, 30);
    ObjectSetInteger(0,"logo",OBJPROP_YDISTANCE, 30);
}

Side Note: After going through quite a bit of past posts and testing, I was able to grasp the 2nd dot concept. Maybe this is just me, but I found it easier to spot with v65. Was able to book profit on NAS100 yesterday. It was one quick scalp to the 23.6% ADR level. I was late to the move but happy with what I got. Took some on HK50 today too. Really love using this on Indices.

A few notes that hopefully help other newbs like me. Other than the obvious cues, make sure the RSIOMA in the sub-window shows a corresponding colour to the direction you're trading in. Pink dots below the Daily Open or Blue dots below the Daily Open on 30m timeframes tend to do exceptionally well. It even works on the 1M timeframe but for those types of trades, I'd recommend targeting a set no of pips as opposed to the ADR levels and trading solely off the initial second dot after an arrow appears.

Edit: My attachments were missing

kvak wrote: Fri Aug 18, 2023 8:39 am I made one version and posted it HERE

DaffyTaffy wrote: Sat Aug 19, 2023 4:58 am I forgot to add, you have to save the image in your MQL4/Images folder as "biasduck.bmp" or you can edit the code to whatever filename you want.

Meyney wrote: Sat Aug 19, 2023 4:34 am A nice drawing in a perfect trading setup. Buy low sell high/ trade the pullback etc. Many strategies with the same concept. Only remark: where to exit? this will be clear when the reverse setup will be valid -2nd dot- ergo the 'exit' dot/square will move along up or down till the reverse/contra move is there. Trendline break perhaps?

Neroloft wrote: Sat Aug 19, 2023 12:21 am hi all, for those of you who are new in xard system, please do not be confused with the difference of charts you see or we use.
i use the 2nd dot indicator 1st is for my chart simplicity, as much as i want to use the beautifully designed graphical indicators from xard and other contributors, it lags my jurassic setup to the max!

XARD STFTS is price action based, it already shows possible reversal areas and possible trade entry (and confirmation). it took me a while the importance of TMA confirmation to filter wrong entries. and yes as XARD said his system is not rocket science.

if you find this hard to understand, screentime is the key + your interest to learn. no need to jump from one system to another.

if you will try to understand the concept from the image, even just with few indicators you will be able to trade. :idea:

Meyney wrote: Sat Aug 19, 2023 4:34 am Only remark: where to exit? this will be clear when the reverse setup will be valid -2nd dot- ergo the 'exit' dot/square will move along up or down till the reverse/contra move is there. Trendline break perhaps?