Re: XARD - Simple Trend Following Trading System

16321
DaveTrader wrote: Fri Jul 19, 2024 7:48 am It’s possible some are conflicted when considering the intraday bias indications. The main reason to use the lowest time frames is to avail yourself to more trade set-ups. Whether the reason is scraping for any chance to trade if work greatly inhibits your chart time, building your family fortune or the fast pace just suites your style.

You could work off an H4 or Daily square-arrow for weeks or months at a time. Using a M1 or M5 chart for entry and only trading off the H4 or Daily square bias would greatly influence the desired outcome. If you have the time, waiting for those scenarios is good. If more opportunities is the goal, then you may miss out on a lot of set-ups.

IMHO, trading the 1 minute chart involves having a more fair and balanced approach to the arrow semafor and arrow-square semafor, when distinguishing your bias. They will be treated more as equals. The determining factors are which one compliments the Daily Open Line, the ADR and the Index Entry. From that perspective is where you look for the entirety of indicator confluence.
Hello DaveTrader,

Thank you for suggestion, can share with us an example?
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

16322
DaveTrader wrote: Fri Jul 19, 2024 7:48 am It’s possible some are conflicted when considering the intraday bias indications. The main reason to use the lowest time frames is to avail yourself to more trade set-ups. Whether the reason is scraping for any chance to trade if work greatly inhibits your chart time, building your family fortune or the fast pace just suites your style.

You could work off an H4 or Daily square-arrow for weeks or months at a time. Using a M1 or M5 chart for entry and only trading off the H4 or Daily square bias would greatly influence the desired outcome. If you have the time, waiting for those scenarios is good. If more opportunities is the goal, then you may miss out on a lot of set-ups.

IMHO, trading the 1 minute chart involves having a more fair and balanced approach to the arrow semafor and arrow-square semafor, when distinguishing your bias. They will be treated more as equals. The determining factors are which one compliments the Daily Open Line, the ADR and the Index Entry. From that perspective is where you look for the entirety of indicator confluence.


Hi, what's the idea behind the +/- 15% ADR rule?

Re: XARD - Simple Trend Following Trading System

16323
Curioso wrote: Fri Jul 19, 2024 8:14 am Hello DaveTrader,

Thank you for suggestion, can share with us an example?
Thank you Curioso

A nice M1 chart example can be seen from your last screen shot The trade is taken against the Square-Arrow and the set-up begins forming from the smaller Arrow semafor. Establishment of blue Index Entry gives us a clue that a pullback against the Square-Arrow is possible. Then we cross the Daily Open from 2nd blue dot and get an MA cross/separation. The ADR is not optimal but is on the buy side(= above Daily Open line). The re entry point includes a more desired ADR. Somewhere in there is part of that 46% daily gain...must have been early in the day

....goes to get H4 screenshot :roll:
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Re: XARD - Simple Trend Following Trading System

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It would be just about unthinkable to have zero sell trades in any 20 day period on a M1 chart.

This only relates to the lowest time frames. If you're trading the 4H chart, this discussion means nothing to you. The point being, the 2 largest semafors can be interpreted and used differently depending on the time frame. Respecting the Daily Open, ADR and Index Entry can give you the breadcrumbs needed to determine the semafor bias considered on lowest time frames
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Re: XARD - Simple Trend Following Trading System

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traderokey wrote: Fri Jul 19, 2024 8:39 am Hi, what's the idea behind the +/- 15% ADR rule?
The idea is that the Daily Open is o% for the ADR. When crossing the threshold of ADR15% above (for buys) or ADR15% below (for sells), it is an indication that market sentiment momentum will gather beyond those thresholds based on historic movement of the instrument.
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Re: XARD - Simple Trend Following Trading System

16326
DaveTrader wrote: Fri Jul 19, 2024 9:33 am The idea is that the Daily Open is o% for the ADR. When crossing the threshold of ADR15% above (for buys) or ADR15% below (for sells), it is an indication that market sentiment momentum will gather beyond those thresholds based on historic movement of the instrument.
Thanks. Does this threshold usually align perfectly with the other XARD criteria, or should it be more of a guideline, like a range (e.g., 15 to 25% ADR)?
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Re: XARD - Simple Trend Following Trading System

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traderokey wrote: Fri Jul 19, 2024 9:52 am Thanks. Does this threshold usually align perfectly with the other XARD criteria, or should it be more of a guideline, like a range (e.g., 15 to 25% ADR)?
It is a big part of any Xard chart. In general, Xard instructs us to only buy above Daily open and only sell below Daily Open. The 15% threshold is to help avoid fake outs. The different levels will many times produce levels where pullbacks are common, followed by re entry opportunities
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Re: XARD - Simple Trend Following Trading System

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Hi guys, regarding the INDEX ENTRY I have a doubt, I have been assuming that it always appear in the third candle after a SEMA arrow, but does it works in other way? like a visual cue that kinda confirms that SEMA arrow, but is it calculated in other way? how does it appear and how does it affect the strategy? is just taking BUY positions above blue index entry and SELL positions below magenta index entry?