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Re: XARD - Simple Trend Following Trading System

14591 by ODJ
Here's my preferred Xard system.
It's simply a money spinner.
It compliments my trading system. They're both highly correlated.
I've posted it a few times in the past on this forum.

I only trade the German DAX.
This morning, it produced a reversal signal and market reversed into the retracement\reversal zone.
I took the trade.
It gave me £1,700

Will post results
These users thanked the author ODJ for the post (total 3):
Forexlearner, VespaTrader, SOLESHOE


Re: XARD - Simple Trend Following Trading System

14596 by ODJ
No. I open trades manually.
But I'm always super fast.
The DAX flies at 200 miles per hour @ Market open
If you're too slow, you can't make any money...or you lose tons of money.

You've got to use a good Trade Manager though.
You can't afford to use the default Metatrader panel.
It's too slow.
And you've got to make sure you use MT5
MT4 is too slow in processing trades.

There are several Trade Panels out there.
Here's the one I use:
It's superfast in opening and closing trades.
These users thanked the author ODJ for the post (total 3):
Andreas2000, fnz, SOLESHOE

Re: XARD - Simple Trend Following Trading System

14597 by ffsss
ODJ wrote: Tue Jan 16, 2024 6:35 am No. I open trades manually.
But I'm always super fast.
The DAX flies at 200 miles per hour @ Market open
If you're too slow, you can't make any money...or you lose tons of money.

You've got to use a good Trade Manager though.
You can't afford to use the default Metatrader panel.
It's too slow.
And you've got to make sure you use MT5
MT4 is too slow in processing trades.

There are several Trade Panels out there.
Here's the one I use:
It's superfast in opening and closing trades.
Why open multiple orders of 1 lot instead of a big one if you want to open a big position?

Re: XARD - Simple Trend Following Trading System

14598 by ODJ
ffsss wrote: Tue Jan 16, 2024 7:47 am Why open multiple orders of 1 lot instead of a big one if you want to open a big position?
Because of RISK
If you open one BIG order, and the market goes against you, you can get WIPED out.
The DAX is extremely crazy...and lightening FAST
It moves several points per minute.
You never know what it wants to do...until it does it.
It's highly deceptive.

I've got different strategies for trading it.
One of them is to always scale in and out of positions.
These users thanked the author ODJ for the post:
SOLESHOE

MagnifyRe: XARD - Simple Trend Following Trading System

14599 by galaxy
xard777 wrote: Mon Jan 15, 2024 5:23 am My latest update uses the background zone to show 1hr turning points on the 5min & 15min TFs making it easier for Directional trading.
I will continue trading this setup for the rest of the month and I will post the final version during the first week of Feb 24.
So far it has been working great when live trading,.. again, trying to keep it simple, and easy to use, and navigate.
Xard777
!!!-MT4 X-CCI TREND-48.ex4 Downloaded 327 times 27.95 KiB
IMG_0391.jpeg
These users thanked the author galaxy for the post (total 4):
ODJ, Spazmus, SOLESHOE, xiaobrave
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