Hello traders,
I have been a silent reader for a year. I started trading on a demo account 3 years ago, and I have tried price action, SMS, and everything else; nothing has worked. I want to thank XARD and everyone else for this wonderful trading system.
My problem is that I still don’t fully understand it after a year. Let me explain my issue:
I use the Xu68 version on MT5 on the M1 chart.
1. I check the H4 chart to see the trend direction; for example, if there is an upward arrow, a blue dot, or a green dot—all these indicators signify an upward trend, perfect.
2. Then I switch to the M1 chart and wait for an upward arrow to appear and go long from the 2nd large dot (the blue one) when the candle closes above the EMA line (EMA or SMA, I’m not sure which is being used).
My problems are: on the H4 chart, when a large blue dot appears, I could theoretically go long on the M1 chart according to the requirements, BUT the blue dot does not stay where it is; it shifts down candle by candle on the H4 chart, eventually stabilizing before it goes back up. This is what you all call recalculating. This means that if I assume that an upward trend is starting on the H4 chart but the blue dot keeps moving down, while I am set to go long on the M1, I have a significant problem.
Do you understand what I mean?
I ask for help, thank you!