Up and down for EURNZD this morning, thanks to EU CPI news.

1st trade safe as usual
2nd trade a risky one, but with news and bearish levels above to support the sema and stepma arrow, I used the profit of the first trade and just closed it with super profit.

Levels are pretty good to identify key areas for reverse or trend continuation, when they are stuffed in rows.

Good Sir,

I'm loving your setup. I can't get 3.0 to load properly so I'll just use 1.0. Can you provide the setting for the black levels please. I want to add it to that chart.

Thanks in advance.

kenshin281180# wrote: Wed Oct 02, 2024 7:17 am Good Sir,

I'm loving your setup. I can't get 3.0 to load properly so I'll just use 1.0. Can you provide the setting for the black levels please. I want to add it to that chart.

Thanks in advance.

Standard settings.

Cagliostro wrote: Tue Oct 01, 2024 8:07 pm Up and down for EURNZD this morning, thanks to EU CPI news.

1st trade safe as usual
2nd trade a risky one, but with news and bearish levels above to support the sema and stepma arrow, I used the profit of the first trade and just closed it with super profit.

Levels are pretty good to identify key areas for reverse or trend continuation, when they are stuffed in rows.



image_2024-10-01_120631194.png

Hi Cagliostro

Hope you are doing well.

Firstly i just wanted to say that your post are really valuable and i am enjoying your system more and more.

I went away for a while to try and learn the xard system, Mainly the semafores and dots. Still learning but i have a good idea.

Secondly, this image is fantastic. I have had a few issues on always getting in late or checking a pair and its already either at the top or bottom (which is frustrating) Your example basically shows that there are other ways to enter

Couple of questions if you dont mind

- The up and down trend on the xu universe. Do you use that at all? What i mean is do you check to see where the trend is heading based on the xu square and arrow?
- Do you think the scanner on the xard thread for mt5 be of any use in this system?

Thanks again
regards

mavdm22 wrote: Wed Oct 02, 2024 9:50 pm Hi Cagliostro

Hope you are doing well.

Firstly i just wanted to say that your post are really valuable and i am enjoying your system more and more.

I went away for a while to try and learn the xard system, Mainly the semafores and dots. Still learning but i have a good idea.

Secondly, this image is fantastic. I have had a few issues on always getting in late or checking a pair and its already either at the top or bottom (which is frustrating) Your example basically shows that there are other ways to enter

Couple of questions if you dont mind

- The up and down trend on the xu universe. Do you use that at all? What i mean is do you check to see where the trend is heading based on the xu square and arrow?
- Do you think the scanner on the xard thread for mt5 be of any use in this system?

Thanks again
regards

Hi there, thank you for the nice questions: yes the Xard semafors and zigzag are one of the best way to understand how market structure works. You don't definitively need them if you can "see" the structure on the chart on your own, but I love to keep them as they are a wonderful representation of price action. A typical issue that can happen, and happens often on lower timeframes is when you see a big square and a second dot on 1M chart. Indeed, you expect a reverse, and enter a trade, but price action keeps going its way and erases the trade. Or, with the same situation, you wait for structure to consolidate the reverse and the instrument keeps its trend for the entire day, so you feel that you are always late to a trending scenario. Zigzag indicators are mostly reliable for 15M+ strategies, otherwise you need a multi TF approach to minimize the risk of seeing only a local scene of the movie, not enough to enter a safe trade.

Regarding the mt5 scanner, yes, it can be very useful to have an overall picture of the trend of the day if you keep for example two different scanners with 30M and 4H, and trade on the 5M, respecting the higher TF. I usually use a 3 TF approach in the morning to analyze the pairs I want to trade, referring to this schema:

1M-5M-15M
5M-30M-4H
15M-4H-1D
30M-4H-1D

On MT4 I almost trade only 5M-30M-4H.
On MT5 my preferred combination for day trading is 3M-20M-2H.

PS: It would be great to have a indicator on the chart with higher TF view of the semafors and arrows on the same chart, I am thinking of making it but have not much time to dedicate now.

Cagliostro wrote: Wed Oct 02, 2024 10:32 pm Hi there, thank you for the nice questions: yes the Xard semafors and zigzag are one of the best way to understand how market structure works. You don't definitively need them if you can "see" the structure on the chart on your own, but I love to keep them as they are a wonderful representation of price action. A typical issue that can happen, and happens often on lower timeframes is when you see a big square and a second dot on 1M chart. Indeed, you expect a reverse, and enter a trade, but price action keeps going its way and erases the trade. Or, with the same situation, you wait for structure to consolidate the reverse and the instrument keeps its trend for the entire day, so you feel that you are always late to a trending scenario. Zigzag indicators are mostly reliable for 15M+ strategies, otherwise you need a multi TF approach to minimize the risk of seeing only a local scene of the movie, not enough to enter a safe trade.

Regarding the mt5 scanner, yes, it can be very useful to have an overall picture of the trend of the day if you keep for example two different scanners with 30M and 4H, and trade on the 5M, respecting the higher TF. I usually use a 3 TF approach in the morning to analyze the pairs I want to trade, referring to this schema:

1M-5M-15M
5M-30M-4H
15M-4H-1D
30M-4H-1D

On MT4 I almost trade only 5M-30M-4H.
On MT5 my preferred combination for day trading is 3M-20M-2H.

PS: It would be great to have a indicator on the chart with higher TF view of the semafors and arrows on the same chart, I am thinking of making it but have not much time to dedicate now.

Appreciate your response. Thank you

You made some very good points and i am sure that many can relate. Primarily with the zigzag. Can i relate to that. I remember and still happens that when you expect a reverse it just keeps going, and going, and going. Pure frustration. However i didnt know about being better on 15m and above.

So based on the above you are doing the 5m,30m,4h - ok, i have only been looking at the 5m.

Actually Cagliostro may ask, is the 5m,30m,4h absolutely essential? Is there another way with your system. 3 timeframes may be a bit of information overload?

Today i got absolutely destroyed in the market. On demo, it was absolutely horrific. Couldnt find the right timing, i was either late, or missed it completely, Basically whichever way i thought the indis were pointing, it turns. Very frustrating.

I am trying to implement the mt5 scanner from xard system. Using the 5m, the scanner has two timeframes higher so i have configured to 30m and 4hr. However its for the xu 68 version and i dont think that the dots and arrows are lining up, having an issue with that. If you have any suggestions please forward here.

edit - looking back over the trades i can see that to be honest i really dont have any reason to feel frustrated. They were actually quite stupid and now i am wondering what the hell i was thinking of.

thanks again for your work here

Cagliostro wrote: Tue Sep 24, 2024 2:41 am Hello there, I will likely start thinking of automate the system sooner or later. For now it is fully manual, as there are repaint components, like the zigzag sema, that make the automation pretty hard.

Regarding the source of the indicator write me in pvt and explain what you need it for. Our rules are pretty clear, no asking for code.

Dear Cagliostro,

I currently do not have the rights to send private messages on the forum, so I am replying here.

I would like to clarify right away that I am in no way requesting the source code of the indicator — I don’t need it. What I need is the ability to use the indicator in automated mode as a filter for opening or closing orders. To achieve this, the indicator must have at least buffer signals, which, unfortunately, are not present right now, and the system feels incomplete. Adding such signals would greatly simplify the system's automation. A couple of iterations through Chat GPT 4.0 would be enough to save time.

I am no longer concerned with repainting components. I recommend considering the possibility of detecting patterns — a predefined sequence of SEMA signals in the correct order (for example, once per bar with filtering by hierarchy, since SEMA2 and SEMA3 signals can appear simultaneously, in which case SEMA3 will take priority). Repainting becomes less significant when the advisor detects a chain of SEMA signals (pattern) rather than each one individually, then checks 3 EMA and confirms it on the higher timeframe as desired. I came to this solution, and I have already implemented this approach by creating a universal advisor for any XARD version.

However, this is still not enough. I have also added a signal confirmation filter — a combination of 3 leading oscillators that check each other’s signals. I must admit, it was an experiment, but it turned out that with the right settings, they perfectly confirm SEMA reversals and serve as precursors to reversals, giving additional signals, though not on every SEMA.

I would like to add more filters, and that is why I asked you to modify your indicator. It would be interesting to see the results of using an advisor for trading on XARD with your filters as an addition.

I am not exclusively focused on your indicators, nor would I be able to add hundreds of them to the advisor — there are many other different, useful, and interesting ones. This is why your system caught my attention.

I am a proponent of automated trading, as it is practically the only way to ensure the rules of trading are not violated, no matter what anyone says. I don’t understand why there is skepticism towards me on the forum. Perhaps people enjoy receiving adrenaline and dopamine in large amounts and cannot give it up — it feels like gambling. But in fact, the system they describe is not as good as they claim, and automated trading proves this by sticking to the rules. Trading on XARD is far from a grail and requires additional filters.

Thank you for your attention, and I hope for your understanding.

Tolsty wrote: Fri Oct 04, 2024 12:48 am Dear Cagliostro,

I currently do not have the rights to send private messages on the forum, so I am replying here.

I would like to clarify right away that I am in no way requesting the source code of the indicator — I don’t need it. What I need is the ability to use the indicator in automated mode as a filter for opening or closing orders. To achieve this, the indicator must have at least buffer signals, which, unfortunately, are not present right now, and the system feels incomplete. Adding such signals would greatly simplify the system's automation. A couple of iterations through Chat GPT 4.0 would be enough to save time.

I am no longer concerned with repainting components. I recommend considering the possibility of detecting patterns — a predefined sequence of SEMA signals in the correct order (for example, once per bar with filtering by hierarchy, since SEMA2 and SEMA3 signals can appear simultaneously, in which case SEMA3 will take priority). Repainting becomes less significant when the advisor detects a chain of SEMA signals (pattern) rather than each one individually, then checks 3 EMA and confirms it on the higher timeframe as desired. I came to this solution, and I have already implemented this approach by creating a universal advisor for any XARD version.

However, this is still not enough. I have also added a signal confirmation filter — a combination of 3 leading oscillators that check each other’s signals. I must admit, it was an experiment, but it turned out that with the right settings, they perfectly confirm SEMA reversals and serve as precursors to reversals, giving additional signals, though not on every SEMA.

I would like to add more filters, and that is why I asked you to modify your indicator. It would be interesting to see the results of using an advisor for trading on XARD with your filters as an addition.

I am not exclusively focused on your indicators, nor would I be able to add hundreds of them to the advisor — there are many other different, useful, and interesting ones. This is why your system caught my attention.

I am a proponent of automated trading, as it is practically the only way to ensure the rules of trading are not violated, no matter what anyone says. I don’t understand why there is skepticism towards me on the forum. Perhaps people enjoy receiving adrenaline and dopamine in large amounts and cannot give it up — it feels like gambling. But in fact, the system they describe is not as good as they claim, and automated trading proves this by sticking to the rules. Trading on XARD is far from a grail and requires additional filters.

Thank you for your attention, and I hope for your understanding.

Answered you in private.

I think you can receive messages.

Good morning traders!

Testing myself on the challenging 1M. Awesome signal on gold at LO. The secret is to respect the zigzag (Xard arrows) and wait for at least 2 supporting black levels, that ensures we have a new trend starting. The rest is the usual bottom indicator alignment we know well.

It is super promising.

Another big one on BTC, always 1M. I've got a loss on US30 that erased all the profit of my gold trade, so the learning is to stay away from US30 on the 1M for now. Too volatile, even without news. Thanks to Mr. BTC, the day was very good, cya tomorrow! Hope you got this!