Re: XARD - Simple Trend Following Trading System
18991Can you put updated version XU21m at first page
Hi CuriosoCurioso wrote: Sun Jan 12, 2025 7:45 pm 1. SemaArrow DOWN
2. Price is below the daily open
3. ADR is negative, i prefer for negative -15% . Remember this post: post1295550629.html#p1295550629 ,s important and determine my take profit
4 I think this is VWAP, and if this VWAP, so if this is a great addition for your chart.
5.1 BIGSemaDOWN -> Good
5,2 SemaARROWDown -> Good
6. This area i excepted,
Untitled.png
But with this v21m a follow some ideas (ONLY entry, not exit):
Example one:
XU-v21m (01).png
1. We have triangle formed for sell, but we wait for the next..
2.1 PinkDOT , entry on sell
2.2 PinkDOT , entry on sell
2.3 PinkDOT , entry on sell
2.4 PinkDOT , entry on sell
Example two:
XU-v21m (02).jpg
1. We have triangle formed for sell, but we wait for the next..
2.1 BlueDOT , entry on BUY
3. We have triangle formed for sell, but we wait for the next..
4.1 PinkDOT , entry on sell
mazibee wrote: Tue Jan 14, 2025 7:38 pm 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.
Thanks Chris for an explanation of this mysterious 'M' as I was trying google , ChatGPT with no luck.chris006 wrote: Wed Jan 15, 2025 4:05 am yHigh, y62, y50, y38, yLow y=Yesterday, numbers are fibonacci percentage levels of yesterday's price range
p100, p62, p38 p=plus, so these really mean y200, y162, y138
m38, m50, m62, m100 m=minus, so these really mean "y minus 38", "y minus 62", "y minus 38"
Hello LucasFX7,LucasFX7 wrote: Wed Jan 15, 2025 3:54 am Hi Curioso
You enter as soon as the Pink Dot or Blue Dot forms, or wait for some kind of confirmation, such as the background changing color?
Dear Curioso,Curioso wrote: Tue Jan 14, 2025 10:45 pm Hello tmostafa007,
I understand your point, this is the reason is very important the patient and discipline in M1 to enter in that precise moment.
One thing and maybe can be helpfull to you.
In this version on find the DailyOpen
Capture.PNG
Version v50: post1295500860.html#p1295500860
Sometimes we see the trend in the past, and see if we enter in that moment is amazing, but that is the hard part, the emotions. So start with basic rules, only watch and see when all conditions are matched, if are not comfortable, wait, for the next trend.
And of course respect the major trend (BIGSema), and don't skip any step.
Hello tmostafa007,tmostafa007 wrote: Wed Jan 15, 2025 5:58 am Dear Curioso,
Thank you for your support! Could you please explain further? I didn’t quite understand your point. Thanks!
Yes, I understand that, but how does it help me with entering the trade? In my original post, I mentioned that the price is already above the daily open, the ADR is above 15%, and the 3rd triangle is confirmed. That’s why I entered the trade. Do you see anything I might be missing or anything I should pay more attention to during this trade? thanks in advanceCurioso wrote: Wed Jan 15, 2025 6:03 am Hello tmostafa007,
In almost versions we have DailyOpen, and in this version we don't have, but in case if you need that indicator can be helpfull to find where is the DailyOpen.
Greg wrote: Tue Jan 14, 2025 6:21 pm 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.