Mundu19 wrote: Mon Jul 15, 2024 6:04 pm Hello XARD,
I have been searching in vain for an older version of your TRADEFX EA that had the formula, FUND/1850*1, for calculating lot sizes. I have the Scripts for it but would love to have the EA version. Thanks.

Mundu

XARD: Here is the source, you can edit to suit.

xard777 wrote: Mon Jul 15, 2024 5:13 pm heyuen7
Dear Xard may I know the reason why you don’t recommend bitcoin? I personally like and trade Btc only as I don’t have to worry about market closing and opening as well as volume/liquidity.. I personally trade on m1 only but follow the trend of both m30 and H1… so far after testing on all forex pairs and indices.. Btc has been the best so far

Re Bitcoin, The main reason that I do not trade Bitcoin is that it is not backed by any security such as gold and can easily move thousands of dollars in the blink of an eye. Your account can make fantastic growth over a short period of time and it can be wiped out in a heartbeat. If you do trade Bitcoin I would suggest that you remove at least one third of your fund after each mega win and place that money in a safe harbour elsewhere in the event of a total catastrophe then you would at least have funds to start over/continue your trading. (albeit with a different broker).

Your concerns about Bitcoin's volatility and lack of backing are valid. Bitcoin's price can indeed fluctuate dramatically in short periods, sometimes by thousands of dollars. This extreme volatility is a major risk factor for traders and investors.
You're correct that Bitcoin is not backed by traditional assets like gold or government guarantees. Unlike fiat currencies, cryptocurrencies operate on decentralized networks without central bank control.
Your observation about the potential for rapid gains and losses is accurate. Cryptocurrency accounts can experience significant growth quickly, but they can also be wiped out just as fast due to the market's volatility.
Your suggestion to remove a portion of funds after significant gains is a prudent risk management approach. This strategy, often called "taking profits," can help protect gains and reduce overall risk exposure. Placing some profits in a "safe harbor" aligns with the principle of diversification, which is crucial in managing investment risk.
It's worth noting that while volatility is often seen as negative, it can also present opportunities. Some investors view Bitcoin's volatility as a potential for high returns, although this comes with increased risk. The Sharpe and Sortino ratios for Bitcoin from 2020 to early 2024 suggest that investors have historically been well compensated for taking on this volatility risk.
However, it's important to understand that cryptocurrency investments face additional risks such as:
Unclear valuation: Unlike stocks, cryptocurrencies lack traditional financial metrics for valuation.
Hacking risks: Cryptocurrency exchanges and wallets can be vulnerable to cyber attacks.
Regulatory uncertainties: The regulatory landscape for cryptocurrencies is still evolving.
If you do decide to trade Bitcoin or other cryptocurrencies, your strategy of securing profits and maintaining a separate reserve is a sensible approach to managing the inherent risks. Additionally, never invest more than you can afford to lose, and consider seeking advice from a financial professional who understands both traditional and cryptocurrency markets.
Xard777

And yes, the chart looks awesome.
And so does Gold.

Mickey Abi wrote: Sun Jul 14, 2024 10:09 pm This doesn;t seem load. ... any ideas ?

budhi1976 wrote: Tue Jul 16, 2024 8:23 pm I was looking for an indicator at tradingview which resemble XARD strategy but couldn't find one, of course I can put together several indicators there, however since I only have a free account, I cannot have more than 2 indicators.
Hence I tried to mashup a few indicators using my extremely limited pine script knowledge with a lot of help from ChatGPT .

Incase anyone interested: https://www.tradingview.com/script/g8Ip ... -Strategy/

Curioso wrote: Mon Jul 15, 2024 10:19 am Hello friends,

I'm still working on the videos for the different timeframes and hope to have them finished before and/or even next weekend.

Thank you for your understanding.

• Never go against the main trend

• Use intelligently Painel1 to calculate ADR in that moment

• Use the Daily Open for guidance

• When a good trend appears, make sure there are no obstacles ahead, example SEMA arrow ahead.

Curioso wrote: Sun Jul 14, 2024 6:49 am Very slow risk, very busy day because im working on the videos.

I hope in the next hours are ready to publish, and share an easter egg, has already been published in the community before, but it's the old version and there's an update.

Stay tuned.