I'm posting this on XARD as it's not enough to make it a new topic.
This is my style with the XARD system.
It may no longer be the XARD system.
(It is similar to the XARD system if you think of it as the timing of additional trades in the MN time frame)
I only use 2 Arrow and ZZ line as indicators.
Dot/Candle color/MA/Daily open/ADR are not used.
XARD's unused indicators are replaced by Dow Theory to make decisions.
MN and W1 and D1 and H4
Check the direction.
Check SR.
It is absolutely necessary for SR to be present in H4.
You have to trust yourself for SR.
Trade with the 2nd arrow in the direction of the square arrow in H4.
Confirmation of 2nd arrow in H4
Do this w/m/sanson of M5.
Be aware of market turnover.
Also be aware of price momentum by feel.
The risk is between 3 and 5%.
The risk is not constant but is a maximum of 5% because it is rounded after calculation.
The first trade is,
SL is set at M5 and the lot size is increased. (Accretive).
Once SR is confirmed at M5, SL moves to zero loss.
Then TS appropriately at H4.
TP is up to W/M/sanson at H4.
If the first one ends in SL,
If the buy/sell conditions match, it will buy/sell again.
The second buy/sell is,
SL is set at SR in H4.
The number of lots will be smaller, but this is to increase the probability of recovering losses. (Safe Operation)
If both trades end in a loss,
There will not be a third time.
There will only be a review meeting.
I have always been a day trader, but my rhythm of life has changed and I have changed my time frame.
Although I am still on my guard, it looks like I will be able to secure the annual profit of previous years after a few trades.
Re: XARD - Simple Trend Following Trading System
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