LikeRe: XARD - Simple Trend Following Trading System

16031
heyuen7 wrote: Wed Jul 03, 2024 3:31 pm The white arrow?? So far I think the white arrow recalculates well It doesn’t just immediately repaints but only after a certain amount of period.. I’m not sure if I used the outdated version or not but I do recall it happened when I did a trade on GU… any how I don’t really trade based on the white arrow.. just the dot and ema is enough 😅
thank you


Re: XARD - Simple Trend Following Trading System

16032
rajivdave222 wrote: Wed Jul 03, 2024 9:36 pm thank you
Hi. I like to test different indicators. Sometimes it happens that I see an indicator and I feel like I know what it is. My intuition tells me that these white arrows are 99% the indicator:
RSI-MA-BUY-SELL-SIGNAL-WALERT_BTEfix
Post a query in Google and you will find it quickly.
This is not a perfect indicator. However, if you observe it well and for a long time, you will see that it can be used well. Good luck <3
<3 <3 <3
You can have an indicator like an F1 car or a rocket — but if an idiot is behind the wheel, you’ll see a crash faster than a victory, and in the end, a blown-up account.

Re: XARD - Simple Trend Following Trading System

16033
88FX88 wrote: Wed Jul 03, 2024 11:57 pm Hi. I like to test different indicators. Sometimes it happens that I see an indicator and I feel like I know what it is. My intuition tells me that these white arrows are 99% the indicator:
RSI-MA-BUY-SELL-SIGNAL-WALERT_BTEfix
Post a query in Google and you will find it quickly.
This is not a perfect indicator. However, if you observe it well and for a long time, you will see that it can be used well. Good luck <3
its called the simplicity indicator by uncle lee
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88FX88


Re: XARD - Simple Trend Following Trading System

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heyuen7 wrote: Thu Jul 04, 2024 1:42 am Guys i have a questions xard posted two indicators which is the arrow baseline and sq line... aren't they both the xard triangles or?? also do they repaint once its fixed? :think: i really can't check now as im away from my pc.. thank you
Hello heyuen7,

Is a great question, for me the results the triangles is the same ARROW Baseline. But maybe wrong, so i´m only use triangles with v65m
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heyuen7
Every entry into the market is a reflection of your courage. Every goal you overcome, however small it may seem, is a firm step towards your dreams.

Re: XARD - Simple Trend Following Trading System

16038
heyuen7 wrote: Thu Jul 04, 2024 1:42 am Guys i have a questions xard posted two indicators which is the arrow baseline and sq line... aren't they both the xard triangles or?? also do they repaint once its fixed? :think: i really can't check now as im away from my pc.. thank you
Yes, they are the triangle indicator but with settings to show triangles off the Square and the Arrow Semaphores. The purpose of them is to show the 2nd dots off the larger Semafors, they are a bit like training wheels on a kid's bike, they help you see the Higher Lows and Lower Highs (2nd Dots) of the larger Semaphores. These are important structures to be aware of as they show major bias in the trend.

Yes, they can recalculate they don't repaint, repainting is when an indicator deliberately changes to make it look better. As the indicator uses the Semaphores, Semaphores can change so Triangles can appear and disappear. This is not a problem, when a Triangle appears it is an alert to be ready and WAIT for further confirmation to enter a trade.

These the instructions that Xard gave us.

#### Semaphore Settings:
- **9 (Small Red/Green Dot):** Short-term price movements.
- **36 (Larger Pink/Blue Dot):** Intermediate-term price movements.
- **144 (Arrow Dot):** Key indicator for trading cycle changes (entry and exit points).
- **576 (Large Square):** Long-term trend, offering a broader market perspective.

### Refined Basic Strategy Outline:
- **Entry Point:** Wait for a new Arrow cycle (144) to start.
Enter the market on the appearance of the 2nd Semaphore (9) within the Arrow cycle after the price has crossed the EMA 55.
- **Compounding Trades:** Add to your position each time an additional 2nd Semaphore (9) appears within the current Arrow cycle.
- **Exit Point:** Exit the market at the end of the current Arrow cycle (144) or based on pre-defined exit conditions.

### Steps to Execute the Enhanced Strategy
#### Initial Preparation:

1. **Chart Setup:**
- Set up your chart with all semaphore settings (9, 36, 144, 576) and the EMA 55.
- Configure the chart timeframe based on your trading style (5-minute, 15-minute).

2. **Capital Allocation:**
- Determine your starting capital.
- Use strict risk management principles to allocate capital per trade.

#### Entering the Market:
1. **Identify the New Arrow Cycle (144):**
- When a new 144 semaphore Arrow dot appears, prepare to enter the market.

2. **Wait for the 2nd Semaphore (9):**
- Wait for the 2nd Semaphore (9) within the new Arrow cycle (144).
- Confirm that the price has crossed the EMA 55 in the direction of your trade:
- Long Trade: Price crosses above EMA 55.
- Short Trade: Price crosses below EMA 55.

#### Compounding Within the Cycle:
1. **Initial Position:**
- Enter the market with your first position when the 2nd Semaphore (9) appears after crossing the EMA 55.

2. **Additional Entries:**
- Add to your position at each subsequent 2nd Semaphore (9) within the same Arrow cycle (144).
- Ensure each new position respects your risk management rules.

3. **Risk Management:**
- Use stop-loss orders to mitigate adverse movements.
- Adjust stop-loss orders to lock in profits:
- Initial stop-loss: Place at the last Arrow (144).
- For compounded trades: Place stops at the previous 2nd Semaphore (9).

#### Exiting the Market:
1. **End of Arrow Cycle (144):**
- Exit the market when the current Arrow cycle (144) ends.
- Alternatively, exit based on predefined reversal signals or exit strategy.

2. **Consistent Review:**
- Regularly review market conditions, including larger semaphores (576) to understand the broader trend.
- Consider exiting or tightening your stop-losses if semaphore indicators (36) suggest a potential trend change.

### 4. Compounding Example:
- **Starting Capital:** $10,000
- **Initial Risk per Trade:** 1% (i.e., $100)
- **First Trade:** Enter on the 2nd Semaphore (9) after crossing the EMA 55 within the Arrow cycle (144). Assume a 1:1 risk-to-reward ratio for simplicity.
- **Compounding Strategy:**
- First Entry: $10,000 * 1% = $100 risk for a potential $100 profit.
- If the trade is successful, new capital is $10,100.
- Second Entry: Enter on the next 2nd Semaphore (9) within the same Arrow cycle (144), and so forth.

Continue to compound as long as the Arrow cycle (144) persists, adding positions at each additional 2nd Semaphore (9) while maintaining risk tolerance and capital limits.

### 5. Practical Tips:
- **Watch the Larger Picture (576):** Use the 576 setting to guide your overall market perspective and confirm the long-term trend.
- **Intermediate Checks (36):** Use the 36 semaphore for intermediate trend checks. It can provide early warnings or additional confidence in your trade direction.
- **Patience and Discipline:** Adhere to the steps, wait for confirmed signals, and avoid premature entries.
- **Position Sizing:** Use tools to track and adjust your position sizes accurately.
- **Flexibility:** Adapt to market conditions. If larger semaphores (36, 576) indicate a significant trend reversal, be ready to adjust your strategy.

### Example Workflow Summary: This is your Daily Mantra
1. **Identify:** New Arrow cycle (144) starts.
2. **Wait:** For the 2nd Semaphore (9) to appear and ensure the price has crossed the EMA 55 line.
3. **Enter:** Initiate a trade and place a stop-loss at the last Arrow (144).
4. **Compound:** Add positions at each subsequent 2nd Semaphore (9) within the same Arrow cycle, placing stops at the previous 2nd Semaphore, maintaining proper risk management.
5. **Exit:** Stop all trades when the Arrow cycle (144) ends based on your exit strategy or if larger semaphore indicators (36, 576) suggest a trend change.
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Curioso, DaveTrader, Skyold, fnz, thomdel, Mundu19, Ricstar_8, heyuen7, satyafx
nil desperandum

Re: XARD - Simple Trend Following Trading System

16040
XXXX wrote: Thu Jul 04, 2024 6:30 am Yes, they are the triangle indicator but with settings to show triangles off the Square and the Arrow Semaphores. The purpose of them is to show the 2nd dots off the larger Semafors, they are a bit like training wheels on a kid's bike, they help you see the Higher Lows and Lower Highs (2nd Dots) of the larger Semaphores. These are important structures to be aware of as they show major bias in the trend.

Yes, they can recalculate they don't repaint, repainting is when an indicator deliberately changes to make it look better. As the indicator uses the Semaphores, Semaphores can change so Triangles can appear and disappear. This is not a problem, when a Triangle appears it is an alert to be ready and WAIT for further confirmation to enter a trade.

These the instructions that Xard gave us.

.........
Many thanks to XARD for the detailed description of the setup and of course also to you XXXX.
I have a story for everyone who wants to become successful in this business and achieve their goals.
Just imagine this situation:
An experienced rich man you value comes to you and offers you the following job and says the following:
"I will give you 1000 USD and with that you will open a trading account. You will trade according to these rules every day for the next 3 years and I will give you a check for 1,000,000 USD to realize your goals. Never look at your account balance. It doesn't matter at all. The important thing is; stick to the rules consistently. If you break the rules, you're fired.
OR
if you don't trust yourself to do that, I'll give you the 1000 USD anyway and you can do whatever you want with it. You can go shopping, eat in a nice restaurant or take a little vacation, ..... "

WHAT WILL YOU CHOOSE?


Think about it

XXXX: Actually if you are really smart you would take the $1000 open your own trading account, follow the rules and you will have a lot more than 1 million in 3 years.
These users thanked the author Skyold for the post (total 7):
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We create order out of chaos - we trade that order, but sometimes that chaos is out of order, so we WAIT!!! for the order to return - and we trade again. XARD777