Re: XARD - Simple Trend Following Trading System

18771
Is this what you are expecting? Well there you go.

But this is what I mean in my previous reply
The safest way to trade this system is when you see down square semafor, ignore everything and wait until you see red/pink down arrow semafor, that's your clue to start looking for sell trade. 1 of the easiest signal is the 2nd pink dot.
Shabba23 wrote: Fri Dec 13, 2024 3:42 am Thanks for your swift response, it's highly appreciated.
But, please a little bit of details will be appreciated, probably by using the posted picture. Eg.
1. The green arrow, does it confirm the continuation of the existing upward square semaphore.
2. The red dot, does it confirm the 2nd dot of the above down square semaphore.
3. The blue dot, does it confirm the 2nd dot of the green arrow.
4. The red arrow, does it confirm the continuation of the down square semaphore, if price cross below the moving average.
Please a little bit of details about these assumptions will bring clarity and direction to my trading of this system. Thanks.
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Re: XARD - Simple Trend Following Trading System

18772
DaveTrader wrote: Fri Dec 13, 2024 8:57 am Your 1st statement, "I see my square arrow, and I want to reach it. So, I’m looking for a sell setup", is the wrong mindset. You want to trade in the direction of the SquareArrow. If you are experienced and screentime limitations force you to look for pullback trades, that is OK. But it is more risky and experience will be your best friend.

My screen time can be quite limited at times. If I had gotten home from work and saw this chart shortly after the down arrow (#2 on your screen shot) I would look for the pullback trade only because it is an opportunity for me to make something in my limited time. I would enter after the MA cross, following the pink dot(#4). I suspect there may have been 2 more opportunities for me before your #3, based on the StepMA+HA indicator I use. With that being said, these pullbacks are of a scalp mindset and I would exit at a blue dot or blue arrow for each instance. If I had gotten home shortly after the blue arrow formed near the end of the chart, the sell scalps would probably be off the table and with the Daily Open Line above price, buys would probably be off the table as well. I would most likely move to another pair for an opportunity because this would be getting near the time of day where the market will start winding down due to NY close in sight.

You need to have an understanding of what you are trading as well. No one is expecting a big down move on Gold. If you have the time and can watch the market play out, the blue square, red arrow and blue arrow are your signals that a buy trade could be approaching. There is still work to be done though as price is still below the Daily Open Line.


This is BTC from this morning only to show the StepMA+HA indicator (small green and orange arrows, set at M5 TF) and the Hooligan H4 Open Line (black lines).
Chart 12-11.pngXU 13-233 indis.7z
Dear DaveTrader,

Thank you for sharing, but it seems it’s not working as expected, as shown below.
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"The goal of a successful trader is to make the best trades. Money is secondary."

Re: XARD - Simple Trend Following Trading System

18773
tmostafa007 wrote: Fri Dec 13, 2024 5:45 pm Dear DaveTrader,

Thank you for sharing, but it seems it’s not working as expected, as shown below.


Hi,

Try this files & Template.

Attached Template.

Note : All Files should be copied to : Default Indicators Folder for the attached Template to work
i.e. : MQL4\Indicators


Thanks.
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Re: XARD - Simple Trend Following Trading System

18776
Now I understand why you said Curioso's video showing a sell trade when square semafor was pointing upward which pre-indicate that price is probably reversing.
This video is more advance, you need to understand the market stucture, the reason why Curioso open a sell trade because that red arrow is formed below the previous one, which tell that trend is still bearish and that up square semafor is not confirmed, if you watch the video carefully, a few moment after the sell trade start, up square semafor move to a new lower location.
Anyway, I can keep going explaining the reason behind that video but I think it's only going to make you more confuse if you don't understand the market structure.
Watch this short video, I hope you will have a better understanding about market structure.
Vakarox wrote: Fri Dec 13, 2024 1:59 am Thank you for your answers. <3

Here is Curioso's video...
Look at the beginning and tell me if you see what I mean.

Did I miss something?
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Re: XARD - Simple Trend Following Trading System

18777
Hi Everyone

Most people and myself here are all trying to figure this dotted system out, we get told to read from the first post , but still have some questions after 1800 pages of information

Is anybody here who is well versed with this system will to do
a live Q/A webinar with screen sharing.

I don’t know if this is too much ask lol .

Comon guy let’s make this a lot easier if anybody is willing
To take the lead in a webinar and answer some questions
It will take years off some of the grind.

Anybody up for it ?

Cheers
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Re: XARD - Simple Trend Following Trading System

18778
ReUs wrote: Wed Dec 11, 2024 9:54 am Hello friends,

I have put so much time and effort but unfortunately I have been unable to successfuly trade this beautifully designed system. Not only this system but I have failed every other method I have tried in the past 5 years. So what they say is true. Trading is not for everyone. As of today I give up trading and accept failure. With all respect and gratitude I would like to thank everyone in this community who have put so much time and effort to help others become successful traders. I have learned alot but failed to put those into practice. Goodbye and best of luck and success to you all. :wave:
I applaud your bravery and honesty in sharing your story. But I think you're being too harsh and hard on yourself.
5yrs is being overly optimistic to have attained trading success. Trading is a lifelong career, spanning over many many years!
Just like any other career, it requires years of training before becoming a genius.
To become a Doctor takes 7yrs.
To become a Surgeon takes a minimum of 15yrs.
Other professions such as Pilots, Engineers, Accountants, etc have their own timescales as well.

Unfortunately, for many Traders today who stumbled into the trading world...including myself, we were sold a dream based on false expectations of becoming extremely wealthy very quickly.
We all got tricked by conmen displaying pictures of flashy Ferrari's on beaches, sipping pinacolada's and trading on their laptops.
I got hoodwinked by it as well...thinking it was that easy to make money on the Markets.
This is far from reality.

I started my Trading career in 2004. MT4 wasn't even yet "born".
We traded with Metatrader 3.
The Internet was still very young and there was no knowledge sharing as there is today.
There were no guru's like Xard who designed and freely shared their trading systems.
We relied on knowledge shared by Trading legends such as Alexander Elder and read books such as Market Wizards.
It was very obvious that these men were very old and had acquired their trading experience over many years!

In these days of AI, who knows where the trading world is heading to?

Currently you've got 5yrs trading experience. I'll advise you to build on it.
Yes, you might take a break from LIVE trading for a while, but it doesn't stop you from building systems and testing strategies.
Keep testing your systems and strategies...until you discover the combination that has a high hit rate.
Then you can resume LIVE trading.
The beauty of trading is that you can always start with a very small equity.
(I'll explain how in the last section below)

As have already been articulated by several members, attaining trading success is hugely dependent on factors such as the system you use, money management, trading psychology, patience, discipline, etc etc
Rest assured, the Market(s) will regularly test you on each area, time and time again.
Just like top athletes and sportsmen, only the best of the best WIN.
Top Traders belong to "The 10%" club!
It's an elitist class...purely based on PEAK PERFORMANCE.
The rest belong to the 90% class.
Your trading results dictate which class you belong to.
The aim of every trader is to acquire sufficient experience to enable them to regularly pass the test...by scoring high marks.

The secret of success in trading is understanding the Principle of COMPOUNDING

Start with a very small equity (money you can afford to lose...let's say $1,000)
Open a micro account and start trading micro-lots (increments of .01, .02, .03)
Aim to make daily profits of $(20, 30, 40)
Don't be discouraged by the initial small daily profit of $20
(The skill required to make $20 is the same level of skill required to make $200 and $20,000...It's only the lot size that changes)
Grow the account until it doubles or triples.
Then start trading micro lots (increments of .1 .2 .3)
When the account grows sufficiently, take out the initial starting capital of $1,000
(You're now trading with free money...Market's money)
Then start trading with standard lots (increments of 1, 2, 3)
Aim to make daily profits of $(200, 300, 400)
Continue growing the account for a few years.

The aim of compounding is to grow a very small account into a huge account over time.
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Re: XARD - Simple Trend Following Trading System

18780
samxtrader wrote: Sat Dec 14, 2024 2:25 am Hi Everyone

Most people and myself here are all trying to figure this dotted system out, we get told to read from the first post , but still have some questions after 1800 pages of information

Is anybody here who is well versed with this system will to do
a live Q/A webinar with screen sharing.

I don’t know if this is too much ask lol .

Comon guy let’s make this a lot easier if anybody is willing
To take the lead in a webinar and answer some questions
It will take years off some of the grind.

Anybody up for it ?

Cheers
100% Agree with you
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"The goal of a successful trader is to make the best trades. Money is secondary."