Re: XARD - Simple Trend Following Trading System

18422
alloushforex wrote: Fri Nov 01, 2024 4:02 am 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!
There's a mismatch in your timeframe pairing.
M1 and H4 are too far apart...(240x)
It's recommended to combine timeframes which are multiples of 2, 3, 4 apart.
This makes the process of chart analysis easier.
Let me explain:
When doing chart analysis, it's good practice to have different views of the Market...Short term, Medium term, Long term
Most retail Traders use only two, but some use three.
Institutional Traders use several multiples apart (High timeframe charts)
Typically, you'll see combinations of:
M1, M5, M15 (Multiple of 5, Multiple of 3)
M5, M15, M30 (3x, 2x)
M30, H1, H4 (2x, 4x)
H1, H4, D1 (4x, 6x)
H4, D1, MN1 (6x, 20x)

However, most retail Traders only use two timeframes (Short term, Long term)
M5, M15 (3x)
M30, H1 (2x)

These combinations enable easy analysis of the chart.
For example, M5, M15, M30
The brain only processes THREE 5min bars every 15 minutes...and only TWO 15min bars every 30 minutes!
It's much easier to see what's happening.

However, when you combine M1 with H4
Here's what you're invariably doing.
Your brain is processing the OHLC (Open, High, Low, Close) of 240 1min bars every 4Hrs!
(1 x 60 x 4 = 240)
During this 4Hr duration, 1Min charts produce several High-Low cycles and it's extremely difficult to determine the Highest-high or Lowest-low between the bars.
You're constantly jumping in and out of trading positions.
The problem with this is, it leaves you confused and frustrated.
Contrast this with a Trader like me who trades the 30mins chart.
I only need to look at TWO bars every hour!
Or a Trader who trades using H4 charts.
He only needs to do analysis using SIX bars every day (24hrs).

The markets have been designed for lower timeframe charts to mostly go in a range and sometimes trade against the long term trend.
Hence why shorter timeframes are full of noise and have a very high failure rate when solely used for trading.
These users thanked the author ODJ for the post (total 4):
lukgoku, Curioso, Neroloft, alloushforex

Re: XARD - Simple Trend Following Trading System

18424
mazibee wrote: Sat Nov 02, 2024 1:54 am Thanks Curioso,

I will anxiously wait for your video explanation as I do not plan to jump from one system to another.

Master Xard has done a wonderful job first of all by creating this amazing system and sharing it for free with the community and updating it regularly

Thanks again for all the help Curioso and to this wonderful community.
Hi mazibee,

the videos are already online and can be found at post#1 post1295537552.html#p1295537552 at point 8
These users thanked the author lukgoku for the post (total 2):
mazibee, Curioso
Yesterday is history, tomorrow is a mystery, but today is a gift, that’s why it’s called a Present! - Master Oogway


Re: XARD - Simple Trend Following Trading System

18427
Curioso wrote: Fri Nov 01, 2024 9:08 am Day 5 - M15 Idea sharing pair challenge

And this journey, and we're coming to the end of the week and so ends the M15 challenge

And for today, the element to choose for happiness is WATER, and for me is the simplest and the same time more complex of the five elements.
https://www.ekhartyoga.com/articles/pra ... ents-water

And the video for today, I understand that many people don't like these high news event , but for me is an event where you have to train your mind and focus completely and isolate yourself from everything else, it's the top of the top, where you can achieve sometimes imaginable gains, and so for today a surprise, but first a video for the secret of success, but you already know it starts with you and we believe in everyone, because all of us together are capable of making a change. This is the day of Nonfarm Payrol


So let's get started and now that you've got everything lined up for motivation, let´s gooooo. And today's pairs will be talking and looking at


02.JPG
XAUUSD in M15


01.JPG
XTIUSD in M15

Prerequisites:
XU v18m

What I've learned and whenever possible I talk about and share motivational videos, because they always help us with so many things, of course, maybe even too much, but when it comes to deciding our order, it will help us a lot to gain a balance between decision making and calm and tranquility. It's also good to do something like going to the gym, practicing a sport, but don´t trade when you are in overtrading or in a stress situation.

Allways keep your charts clean, and let´s to this for the last day of this challenge.
#DAY 5- M15 Ideasharing pair challenge (resume of day)

Today is such a special day for me, the NFP event, and it's simply amazing to see the quality and see XU-v18m-Setup working with all its elements in action.

Yes, it's risky and I don't recommend it unless you know exactly what you're doing, because it either transforms your life quickly or destroys what took days to achieve.

This week we learned the five elements of yoga, which are so important in our lives, from the simplest things to the most complicated, and which are always present and help us to have mental and physical balance every day in whatever we are dedicated to, be it the Daily Job, training, love, trading, anything we want to do in our lives.

I've loved sharing with all of you in a public way and focus on the pairs and timeframe, give to me good memories about this timeframe, but the past will remain there, the learning process continues, not just in trading, but as a person too.

And following the evolution of some of you closely, and I'm very surprised to see the knowledge you're achieving. I've also learned a few things, and this is awesome, gratitude and always respect the base of the template.

My notes today: To all those who actively participated in this challenge, whether in M15 or M1, launched a few weeks ago, I want to take this opportunity to thank you from the bottom of my heart, you make my day and more than the daily PLs that are achieved, and to see gratitude, non-judgment, little things there the most important and big things, you know.

And for all of you wish you all an excellent weekend enjoy to relax a bit, if possible, if don´t, keep the improvement your skills, with all the best and let's continue to evolve and learn every day.


vzulaks wrote: Fri Nov 01, 2024 1:09 am Yes i like things that are not repainted
Hello vzulaks,

I test but i found a problem, in XTIUSD in M15 crashed the metatrader, because of that i don´t use on that pair. And on xauusd i understand the idea, and maybe the errors verified on M15 in lower timeframe doesn´t apply.
These users thanked the author Curioso for the post (total 10):
tmostafa007, Nabs, mazibee, lukgoku, Skyold, Neroloft, FXMann, victortrend, GerhardMTB, Abzak
In trading, passion and dedication are essential. Respect your natural tendency and don't go against the flow of the market. Corrections are part of evolution.

Re: XARD - Simple Trend Following Trading System

18430
Curioso wrote: Sat Nov 02, 2024 8:21 am #DAY 5- M15 Ideasharing pair challenge (resume of day)

Today is such a special day for me, the NFP event, and it's simply amazing to see the quality and see XU-v18m-Setup working with all its elements in action.

Yes, it's risky and I don't recommend it unless you know exactly what you're doing, because it either transforms your life quickly or destroys what took days to achieve.

This week we learned the five elements of yoga, which are so important in our lives, from the simplest things to the most complicated, and which are always present and help us to have mental and physical balance every day in whatever we are dedicated to, be it the Daily Job, training, love, trading, anything we want to do in our lives.

I've loved sharing with all of you in a public way and focus on the pairs and timeframe, give to me good memories about this timeframe, but the past will remain there, the learning process continues, not just in trading, but as a person too.

And following the evolution of some of you closely, and I'm very surprised to see the knowledge you're achieving. I've also learned a few things, and this is awesome, gratitude and always respect the base of the template.

My notes today:
DAY #5 (1).png

DAY #5 (2).png

To all those who actively participated in this challenge, whether in M15 or M1, launched a few weeks ago, I want to take this opportunity to thank you from the bottom of my heart, you make my day and more than the daily PLs that are achieved, and to see gratitude, non-judgment, little things there the most important and big things, you know.

And for all of you wish you all an excellent weekend enjoy to relax a bit, if possible, if don´t, keep the improvement your skills, with all the best and let's continue to evolve and learn every day.





Hello vzulaks,

I test but i found a problem, in XTIUSD in M15 crashed the metatrader, because of that i don´t use on that pair. And on xauusd i understand the idea, and maybe the errors verified on M15 in lower timeframe doesn´t apply.
Hi Curioso,
I want to thank you for these two challenging weeks in which I was able to improve my knowledge of the system.
I also want to thank you for the effort you made to allow us to follow your trading days and comment on the results.
I have never witnessed anything like this on a forum and I hope we have all been able to take advantage of this opportunity.

Thanks mate!
These users thanked the author lukgoku for the post (total 2):
Curioso, GerhardMTB
Yesterday is history, tomorrow is a mystery, but today is a gift, that’s why it’s called a Present! - Master Oogway