Re: XARD - Simple Trend Following Trading System

18702
tmostafa007 wrote: Sat Dec 07, 2024 9:00 pm Hi xard777,

when you will share the updated version ? thanks in advance :hug:
Hi tostafa007,

Everyone is so excited for this new version to be released by Master Xard.

If you check this post post1295555370.html#p1295555370 Mister Xard intends to release ths on the Christmas day.

Hope this helps
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tmostafa007, DaveTrader


Re: XARD - Simple Trend Following Trading System

18707
budhi1976 wrote: Sat Dec 07, 2024 12:00 am For those who are new or still a bit confused about the system and overwhelmed by reading all 1,882 pages 😅, here’s a possible solution: post1295551618.html#p1295551618.
You can use any of the templates XARD has shared here, but make sure to backtest them to see if they work for you.
Hello everyone, I hope you're doing well.

Budhi gave me a bit of clarity with his helpful post.

Take a look at the image above:

The downward arrow square just appeared a moment ago.

Now, should I close my buy positions to wait and look for a sell setup?

OR

Can I keep my buy positions if the downward arrow square is pushed back upward, and wait for the appearance of orange candles?

I hope my question makes sense.

Thank you in advance for your help, and I wish you all an excellent day!
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budhi1976, DaveTrader, Curioso

Re: XARD - Simple Trend Following Trading System

18708
Hello vakarox... Based on rules from the link I shared, you should keep your buy position and wait for orange candle, because that down square only confirmed by candle's color change.
As for my self, I usually set Risk Reward Ratio = 1 : 1.5 hence I do not wait for color change most of the time.

Wish you a profitable trading days...
Vakarox wrote: Mon Dec 09, 2024 12:24 am Hello everyone, I hope you're doing well.

Budhi gave me a bit of clarity with his helpful post.

Take a look at the image above:

The downward arrow square just appeared a moment ago.

Now, should I close my buy positions to wait and look for a sell setup?

OR

Can I keep my buy positions if the downward arrow square is pushed back upward, and wait for the appearance of orange candles?

I hope my question makes sense.

Thank you in advance for your help, and I wish you all an excellent day!
These users thanked the author budhi1976 for the post (total 4):
Abzak, Vakarox, DaveTrader, Curioso

Re: XARD - Simple Trend Following Trading System

18709
budhi1976 wrote: Mon Dec 09, 2024 12:50 am Hello vakarox... Based on rules from the link I shared, you should keep your buy position and wait for orange candle, because that down square only confirmed by candle's color change.
As for my self, I usually set Risk Reward Ratio = 1 : 1.5 hence I do not wait for color change most of the time.

Wish you a profitable trading days...
Thank you for your response!

However, I didn't understand what you were referring to at the end of your reply:
"I do not wait for color change most of the time."

Could you clarify this for me?

Thank you in advance! <3
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Curioso

Re: XARD - Simple Trend Following Trading System

18710
Since I prefer to use Risk Reward Ratio as my exit signal, Risk to Reward = 1:1.5, I would exit my trade as soon as price reach my target regardless the candle's color.
Vakarox wrote: Mon Dec 09, 2024 1:12 am Thank you for your response!

However, I didn't understand what you were referring to at the end of your reply:
"I do not wait for color change most of the time."

Could you clarify this for me?

Thank you in advance! <3
These users thanked the author budhi1976 for the post (total 2):
DaveTrader, Curioso