Re: XARD - Simple Trend Following Trading System

18981
Greg wrote: Tue Jan 14, 2025 12:12 am I took the same entry however I left too early because there was an up arrow :) I left after the second dot up because I thought there would be a bigger pullback. Holding positions longer is more difficult than scalping because you never know when the price will pull back :)

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Do you wait for the CCI to change color before entering? Is that why you didn't enter at the previous orange dot after the triangle?


Re: XARD - Simple Trend Following Trading System

18982
In my opinion, your entries are fine but come with higher risk since you're trading against the main trend. I recommend keeping an eye out for the blue arrow—once it appears, consider exiting your trade.

For a safer approach, wait until both the square and the arrow align in the same direction before looking for setup and entering a trade.
tmostafa007 wrote: Tue Jan 14, 2025 5:58 am So I need to look for buy order opportunities.
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Re: XARD - Simple Trend Following Trading System

18983
Dear Curioso,

I entered this trade on my live account. It might seem like an early entry, but I felt it was the right moment. Let’s see how the price moves—hopefully, it hits my TP. I’ve set my target at 6,500 pips, though I’m not sure if it’s realistic. I’ve placed the SL below the upward arrow to give the trade some breathing room and plan to move the SL once the price shows a decent profit. What do you think, bro?

Let me explain my reasoning for entering this trade—for both myself and all members. First, there’s a big semaphore arrow up aligning with another semaphore arrow up, signaling strong upward momentum. Additionally, the price is trading above the daily open, and the ADR is above 15%, adding further confirmation. Another key factor is the small triangle that formed and was confirmed. Finally, when the second triangle appeared and the 2nd blue dot showed up, I might add another small lot of 0.01. If conditions remain favorable.

personal note: If this trade loses, I will re-enter once all the conditions are met again.
Lot size Risk % is: 5%
update :( update :(
up move rebuild again up move rebuild again
SL moved to BE SL moved to BE
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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

18984
knglerxst wrote: Tue Jan 14, 2025 2:01 pm Do you wait for the CCI to change color before entering? Is that why you didn't enter at the previous orange dot after the triangle?
Yes, however, also because the previous dot could go higher and the triangle could disappear. There is less risk when another dot appears after the triangle.
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Re: XARD - Simple Trend Following Trading System

18986
Dear Masters and Fellow Traders,

I have a few queries regarding the latest version, v21, and I’d greatly appreciate your insights.
--I understand that the triangles in v21 help identify the "2nd Dot" more easily and act as training wheels when learning to trade. In this version, there are three indicators for triangles, and I’ve noticed different colors associated with them.
Could someone kindly explain the precedence of these triangle colors?

--If there’s an UP SQUARE (green) and a setup for a Sell appears, should we take it, or is it riskier to go against the UP SQUARE (green) signal? Would it be better to look for Buy setups instead?

--I’d also appreciate more details on the RSIOMA indicator at the bottom of the chart. What are the recommended entry/exit rules for using this indicator effectively?

--Finally, I’m trying to understand the following values displayed in v21:

p100, p62, p38
yHigh, y62, y50, y38, yLow
m38, m50, m62, m100

From what I understood:

p = Previous
y = Yesterday

However, I’m not sure what m represents?

Could someone please clarify their significance and usage as it will help me and others in better understanding of this wonderful system.
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Re: XARD - Simple Trend Following Trading System

18987
Curioso wrote: Mon Jan 13, 2025 11:30 pm Hello friends,

For those try to understand the logic behind v21m, don't trade against the trend and follow simple rules

Triangles is simple amazing to filter better the entry, and don't be greedy :)
Untitled.png

Thank you xard777 for this precious, for me is the best template until now, is very clear and amazing.
Hello Curioso. Thank you for all that you do to help us understand this wonderful system by Xard. For the first entry in this example, you didnt enter on the fourth mini dot (pink). Is there a way you filter such wrong trades?
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