Re: XARD - Simple Trend Following Trading System

16893
Conio31 wrote: Sun Aug 25, 2024 7:31 pm How do you guys handle ranges by using this xard system? In the picture attached even the 2nd dot method is not working
Hello Conio31,

Different versions, different ways the catch the 2nd dot.
A few weeks ago the AdeelFx0. make their vision for different templates: post1295541913.html#p1295541913

And in your example you have, watch in detail, there are some few to manage your positions, for example the image i share with you, or another example archive your take profit, with a fixed tp=20~40pips. Don´t forget always protect your account with StopLoss.

If you have doubts, please tell.

For all members, sorry these days are very busy and i hope are all enjoying these weekend with crazy on BTCusd :)
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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.

LikeRe: XARD - Simple Trend Following Trading System

16894
Curioso wrote: Sun Aug 25, 2024 8:40 pm Hello Conio31,

Different versions, different ways the catch the 2nd dot.
A few weeks ago the AdeelFx0. make their vision for different templates: post1295541913.html#p1295541913

And in your example you have, watch in detail, there are some few to manage your positions, for example the image i share with you, or another example archive your take profit, with a fixed tp=20~40pips. Don´t forget always protect your account with StopLoss.

If you have doubts, please tell.

For all members, sorry these days are very busy and i hope are all enjoying these weekend with crazy on BTCusd :)
Ah great! Now I get it how to trade. Thanks for the response
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Curioso

Re: XARD - Simple Trend Following Trading System

16895
xard777 wrote: Sun Aug 25, 2024 1:12 pm ### Focus on EMAs Only:

#### General Setup: As used in XU v12m-Setup post1295548490.html#p1295548490
- **EMA 13:** Short-term trend indicator
- **EMA 55:** Medium-term trend indicator
- **EMA 200:** Long-term trend indicator

#### Timeframes:
- **5-minute chart:** For precise entries and tactical decision-making
- **30-minute chart:** For overall trend assessment and strategic decisions

### Understanding Trend, Pullbacks, and Reversals with EMAs:

#### Trend:

**Uptrend (Bullish Scenario):**
- **Identification:**
- Price is above the EMA 200 on both the 5-minute and 30-minute charts.
- EMA 13 is above EMA 55 on both the 5-minute and 30-minute charts.

- **Buy Opportunities:**
- Look for pullbacks to the EMA 13 or EMA 55 on the 5-minute chart.
- When price approaches and respects the EMA 13 or EMA 55 as support, placing a buy order can be considered.

**Example:**
1. **Identification:** Price is above EMA 200 on both charts, and EMA 13 > EMA 55.
2. **Pullback:** Price pulls back towards EMA 13 (short-term support).
3. **Entry (Buy the Bounce):** As the price touches EMA 13 and starts to move upward again, enter a long position.
4. **Stop-Loss:** Just below EMA 55.
5. **Target:** Aim for the recent high or use a risk-reward ratio (e.g., 1:2).

**Downtrend (Bearish Scenario):**
- **Identification:**
- Price is below the EMA 200 on both the 5-minute and 30-minute charts.
- EMA 13 is below EMA 55 on both the 5-minute and 30-minute charts.

- **Sell Opportunities:**
- Look for rallies towards the EMA 13 or EMA 55 on the 5-minute chart.
- When price approaches and respects the EMA 13 or EMA 55 as resistance, placing a sell order can be considered.

**Example:**
1. **Identification:** Price is below EMA 200 on both charts, and EMA 13 < EMA 55.
2. **Rally:** Price rallies towards EMA 13 (short-term resistance).
3. **Entry (Sell the Bounce):** As the price touches EMA 13 and starts to move downward again, enter a short position.
4. **Stop-Loss:** Just above EMA 55.
5. **Target:** Aim for the recent low or use a risk-reward ratio (e.g., 1:2).

### Pullback Only:

- **Pullbacks in an Uptrend:**
- Use the 5-minute chart to identify when the price pulls back to EMA 13 or EMA 55.
- Use the bounce off these EMAs as entry points for long trades.

- **Pullbacks in a Downtrend:**
- Use the 5-minute chart to identify when the price rallies (pulls back) to EMA 13 or EMA 55.
- Use the bounce off these EMAs as entry points for short trades.

**Buy the Bounce Example in an Uptrend:**
1. **Overall Uptrend:** Price is consistently above EMA 200, EMA 13 > EMA 55 on both charts.
2. **Pullback:** On the 5-minute chart, price pulls back to EMA 13.
3. **Buy Entry:** When price stabilizes and starts to move up from EMA 13.
4. **Stop-Loss:** Just below EMA 55.
5. **Target:** Previous highs or predefined risk-reward ratio targets.

**Sell the Bounce Example in a Downtrend:**
1. **Overall Downtrend:** Price is consistently below EMA 200, EMA 13 < EMA 55 on both charts.
2. **Rally:** On the 5-minute chart, price rallies to EMA 13.
3. **Sell Entry:** When price stabilizes and starts to move down from EMA 13.
4. **Stop-Loss:** Just above EMA 55.
5. **Target:** Previous lows or predefined risk-reward ratio targets.

### Reversals:

**Bullish Reversal:**
- **Identification:** The price breaks above EMA 13, EMA 55, and eventually the EMA 200 on both the 5-minute and 30-minute charts.
- **Strategy:**
- Once the price closes above EMA 200, look for it to pull back to this level.
- Enter a long position when the price holds and bounces off EMA 200.
- Place a stop-loss just below EMA 200.

**Bearish Reversal:**
- **Identification:** The price breaks below EMA 13, EMA 55, and eventually the EMA 200 on both the 5-minute and 30-minute charts.
- **Strategy:**
- Once the price closes below EMA 200, look for it to rally back to this level.
- Enter a short position when the price holds and bounces off EMA 200.
- Place a stop-loss just above EMA 200.

### Summary:

- **Trend:** Confirm the overall market direction using EMA relationships on both 5-minute and 30-minute charts.
- **Pullbacks:** Use pullbacks to EMAs (13 and 55) as entry points within the trend.
- **Reversals:** Identify potential trend changes where the price crosses the EMA 200 and use this level as an entry point on pullbacks.

By keeping the focus purely on EMAs, you streamline your decision-making process, leveraging the simplicity and effectiveness of these moving averages in identifying trends, pullbacks, and reversals. This disciplined approach helps in consistently finding high-probability trade setups. Yes, Trading Arrow Dot to Arrow Dot and looking to enter in each cycle at the first Triangle (2nd Dot) with the view of trading to the next Arrow Dot is all well and truly great for enhancing your trading strategy but you have to learn the basics grounded in the EMAs first.
Xard777

Here is an EMA cycle indicator that will display in the sub-window and help keep your focus on EMAs on the chart.
Enjoy!
I would like to thank XARD777 for the latest version XU v12m setup, it really works without delay and very clearly. Also, thank you very much for the explanation of how to trade pullback.
Xard, you are the best!!!


Re: XARD - Simple Trend Following Trading System

16896
DaveTrader wrote: Fri Aug 23, 2024 5:51 am I completely agree, Tonnogueira. There is still a learning curve for the new folks coming in. At first, many will get enamored by the large square semafor and are ready to jump in too soon after.

I should have been more clear in my response to Victortrend’s post. Assuming all trend directions were met…below daily open, ADR good, ma’s good…Victor’s entry would still be early for the reasons mentioned.

Those are beautiful screenshots and traders would do well to refer to them as their learning progresses.
Exactly. I have seen many people here get frustrated because they lost a trade. There is no perfect system, especially when it comes to a chaotic market.

What is missing for people to be profitable is not to be right 100% of the time (the XARD system repaints, yes it is true), but to know that your analysis is not always correct, that the market has a will of its own, that the market will not adapt to your indicators and systems, it is the trader who has to adapt to the constant changes in the market.

And when you take a loss, move on to the next trade, and it is essential to have good risk management.

HAVE GOOD RISK MANAGEMENT.

Sorry for the long text, it is not directed at you, but I saw an opportunity to open the minds of many newbies on this forum.
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Re: XARD - Simple Trend Following Trading System

16897
tonnogueira wrote: Sun Aug 25, 2024 11:39 pm Exactly. I have seen many people here get frustrated because they lost a trade. There is no perfect system, especially when it comes to a chaotic market.

What is missing for people to be profitable is not to be right 100% of the time (the XARD system repaints, yes it is true), but to know that your analysis is not always correct, that the market has a will of its own, that the market will not adapt to your indicators and systems, it is the trader who has to adapt to the constant changes in the market.

And when you take a loss, move on to the next trade, and it is essential to have good risk management.

HAVE GOOD RISK MANAGEMENT.

Sorry for the long text, it is not directed at you, but I saw an opportunity to open the minds of many newbies on this forum.
Hello tonnogueira,

I don't want to cause any confusion but let me clarify the difference between repainting and recalculating.

If we search there are some interesting posts referred the difference, and let me share someone.

Recalculating Vs Repainting indicator by member Moey. Source at: post1295392083.html#p1295392083
Recalculating is not repainting by Mladen. Source at: post1295359959.html#p1295359959
Repainting indicator example and article with animated GIF example. Source at: topic8473348.html

Source at: post1295395428.html#p1295395428

The xard system doesn't repaint, it recalculates minidots, dots which then give rise to SemaARROW and in some cases BIGSema. Some indicators external ideas, i tested and i see in the past yes repaint, but the basic idea you see in the universe, and the zigzag and another's doesn´t.

It's a big difference, because it's normal and you see it on the various timeframes, and M1 is a clear example of this, which is that while the trend is forming, it's normal for these parameters to be adjusted, which will then confirm the trend you're looking for.

According ChatGPT what is repaint indicator:

A repainting indicator in Forex trading refers to a type of technical indicator that changes its past signals or recalculates its values after the fact, making it appear more accurate in hindsight than it actually was in real-time. This behavior can be misleading for traders, as it gives the impression that the indicator consistently provides accurate signals, when in reality, it may have shown different signals when the market was live.

### How Repainting Works
- **Real-Time Calculation:** A repainting indicator recalculates its values with every new price tick or at the close of a candlestick. When the price moves, the indicator updates not only the current value but may also adjust historical values.
- **Historical Signals Change:** Because the indicator changes its historical signals, it can give a false impression of accuracy. For example, an indicator might show that it would have perfectly predicted past price movements, but this is only because it "repaints" after new data is available.

### Example of Repainting Indicators
- **ZigZag Indicator:** The ZigZag indicator is a common example. It plots significant highs and lows, but these points can shift as new data comes in, altering the previous signals.
- **Moving Averages with Smoothed Calculations:** Some smoothed moving averages or advanced indicators that rely on future price data can also exhibit repainting characteristics.

### Impact on Trading
- **Misleading Signals:** Repainting indicators can be dangerous for traders relying on them for decision-making, as the signals they see during live trading may not match what the indicator will eventually display.
- **Backtesting Issues:** Backtesting with repainting indicators can give inaccurate results, showing excellent performance in the past that wouldn't have been achievable in real-time trading.

### Non-Repainting Indicators
- **Fixed Signals:** Non-repainting indicators, once a signal is given, do not change it. What you see on the chart is exactly what would have appeared in real-time trading.
- **Consistency:** These indicators are more reliable for backtesting and live trading because they do not alter historical data.

### Identifying Repainting Indicators
- **Monitor Live Trades:** By observing how an indicator behaves during live trading, you can identify if it repaints. If you notice past signals changing after new bars are formed, the indicator is likely repainting.
- **Check Indicator Documentation:** Indicator creators often specify whether their indicator repaints or not. Always check the documentation or ask the developer if unsure.

### Conclusion
Repainting indicators can create a false sense of reliability and accuracy, which can lead to poor trading decisions. Traders should be cautious when using indicators that repaint and consider using non-repainting alternatives to ensure they have accurate and actionable signals during live trading.

According ChatGPT what is recalculating indicator:

A recalculating indicator in Forex trading refers to a type of technical indicator that updates or recalculates its values with every new data point (e.g., a new price tick or the close of a candlestick). While this process is normal for most indicators, what distinguishes recalculating indicators is their potential to change past signals based on new data.

### Key Characteristics of Recalculating Indicators
- **Dynamic Updates:** Recalculating indicators continually update their values as new price data comes in. This allows them to adjust their output to reflect the most current market conditions.
- **Past Signal Changes:** Some recalculating indicators can modify past signals as new data becomes available, which can be confusing or misleading to traders. This characteristic is similar to what is seen in repainting indicators.

### Examples of Recalculating Indicators
- **Moving Averages:** Most moving averages recalibrate their values with each new price point. For example, a simple moving average (SMA) of the last 10 bars will always include the latest bar and drop the oldest, recalculating its value accordingly.
- **Bollinger Bands:** Bollinger Bands adjust their upper and lower bands as the price moves, which can cause the bands to expand or contract based on volatility. The bands' positions are recalculated with each new price tick.
- **Fibonacci Retracement Levels (Dynamic Versions):** Some Fibonacci tools may recalibrate their levels as new highs and lows are formed, particularly in more dynamic or automated versions.

### Recalculating vs. Repainting Indicators
- **Recalculating Indicators:** They adjust their calculations based on new data, but typically do not change past signals once they are set. For example, the current moving average value changes, but the value from three bars ago remains the same.
- **Repainting Indicators:** These not only recalculate but may also change past signals to make historical performance look better, which can mislead traders.

### Implications for Traders
- **Real-Time Accuracy:** Recalculating indicators provide real-time, accurate updates, which helps traders react to the most recent market conditions.
- **Backtesting Reliability:** Unlike repainting indicators, most recalculating indicators do not alter historical data, so they provide more reliable results during backtesting.
- **Decision Making:** Traders using recalculating indicators need to be aware that while current readings are accurate, these indicators may look different during live trading than in backtesting, particularly in volatile markets.

### Benefits of Recalculating Indicators
- **Responsive to Market Changes:** Because they update with each new data point, recalculating indicators can quickly adapt to shifts in market conditions.
- **Useful for Trend Following:** Indicators like moving averages are recalculating by nature and are popular for identifying trends as they evolve.

### Potential Downsides
- **Signal Lag:** Because they are based on past data, recalculating indicators can sometimes lag behind the current price action, making them slower to signal changes.
- **Complex Interpretation:** In fast-moving markets, the frequent updates of recalculating indicators might make them harder to interpret, especially for less experienced traders.

### Conclusion
Recalculating indicators are essential tools in Forex trading, offering timely and adaptive insights into market conditions. They update in real-time, providing traders with current information to base their decisions on. However, it's crucial to understand how they function and to be aware that their dynamic nature might make them challenging to use in certain trading strategies, particularly in volatile markets. Unlike repainting indicators, recalculating indicators do not mislead traders by altering past signals, making them a more reliable choice for real-time and backtesting analysis.
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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

16898
Hello friends,

An excellent week for all and enjoy the green pips while the trend continues valid :)

I'm following these pairs: post1295547227.html#p1295547227

PERSONAL NOTE: If you have any doubt in some enter, do not enter, mark in the chart you analyze if your approach is correct, and of course if enter protect your balance with stop loss based on mini dots.
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

16899
88FX88 wrote: Sat Aug 24, 2024 7:07 am Thanks for the tip. That doesn't help. I've already been through the subject. I have a high resolution on my laptop, 3072x1920. In the XUv65 version, I dug into the code and adjusted the template to this resolution. In the latest version, it's as you can see. However, that doesn't bother me. I can see what I really need. When I remove indi: Panel2 (showing % win or loss) from the latest version, the appearance of indi: Panel1 also deteriorates. I added an older version (65) of Indi: Panel2 to match the resolution of my chart. However, these are just nuances that don't matter at the moment. Our energy goes there. So I don't worry about the "Frankenstein" on the chart, and I focus more on the price movement, that's my attention and energy. Later I'll think about how to model the appearance of the chart :) I'll change the laptop at most, if it bothers me. Thank you again for every comment and supporting the entire community <3

XARD: OK, One last thing... unzip the enclosed Fonts folder then highlight all the fonts and copy to C:\Windows\Fonts
Then restart MT4. What can I say... I am curious.
Have you done this? Right click on MT4 on your task bar, select properties and set as per the image and restart MT4.
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Re: XARD - Simple Trend Following Trading System

16900
XXXX wrote: Mon Aug 26, 2024 10:43 am Have you done this? Right click on MT4 on your task bar, select properties and set as per the image and restart MT4.
Yes, thank you. It works. Now the XARD v12 template is legible on the chart. You can work on it.
Thank you for the tip and hint, it is very helpful. I wish you a million green pips every day <3
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<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.