Thanks! But what does it mean? What information do you take away from it?mazibee wrote: Tue May 13, 2025 4:22 am Open Pip$ / 20 Day Range x 100
= 19 / 137 x 100
= 13.86%
(In the fig it shows 14.1% ( The diff is due to some rounding in the Open Pip$ or 20 Day Range values)
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
322This %age tells how much the price has moved from Daily Open relative to 20 Day Range.cinare wrote: Tue May 13, 2025 3:01 pm Thanks! But what does it mean? What information do you take away from it?
This figure is a measure of volatility in percentage terms, making it easier to compare the volatility of different pairs.
If you just check the image you have posted +/-15% are the BUY/Pivot & SELL/Pivot lines to make it easier.
Ideal BUY area around +15%
Ideal SELL area around -15%
Hope this helps
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
323Well, just a hint from my side of understanding.cinare wrote: Tue May 13, 2025 3:01 pm Thanks! But what does it mean? What information do you take away from it?
Lets take a look on the math: The calculation is based on the average 20-day pip-range compared to the one we are facing on the daily. So, what do you get from this? The volatility of the day for example. So, when the daily pip-range is greate than the 20-day average, you know, that´s a very volatile day. This might lead you to adjust your risk exposure, for example to lower the risk per lot in order to not bring your money into trouble.
Honor will come.
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
324Hello friends! Thank you master for the great system. Simple and clear. But I have a few questions. When I repaint the template, then save it and the panel indicators disappear. Where am I making a mistake?
And second: Did you know that XAUUSD has its own crypto token XAUT/USDT? I didn't know about it until yesterday.
And second: Did you know that XAUUSD has its own crypto token XAUT/USDT? I didn't know about it until yesterday.
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
325Go right click on chart, click on indicators list, find panels and click on each separately. they will appear againSpazmus wrote: Tue May 13, 2025 8:40 pm Hello friends! Thank you master for the great system. Simple and clear. But I have a few questions. When I repaint the template, then save it and the panel indicators disappear. Where am I making a mistake?
And second: Did you know that XAUUSD has its own crypto token XAUT/USDT? I didn't know about it until yesterday.
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
326The easiest way to create a template in MT5.
Use the enclose XU Clean Chart script.
Copy the script to MQL5/Scripts folder and restart MT5.
When you have the chart just as you like it.
Prior to creating the template.
Run the Clean script
About 70% of the chart will disappear, don't worry.
Now right mouse click and save template.
After you save the template, simply select it and everything should now appear.
Best,
Xard777
Use the enclose XU Clean Chart script.
Copy the script to MQL5/Scripts folder and restart MT5.
When you have the chart just as you like it.
Prior to creating the template.
Run the Clean script
About 70% of the chart will disappear, don't worry.
Now right mouse click and save template.
After you save the template, simply select it and everything should now appear.
Best,
Xard777
XARD: If Carlsberg made charts... Probably the best charts in the world
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
327XARD: OOps! My bad, the calculations are way off...
Hello Xard. How did you get the XHISTOs to show the grey color?
Hello Xard. How did you get the XHISTOs to show the grey color?
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
328is there a way to display current position on chart ?
Re: 🔺 MT5 XARD - Simple Trend Following Trading System
330OK, It is working now...
Will continue testing.
Best,
Xard777
Will continue testing.
Best,
Xard777
XARD: If Carlsberg made charts... Probably the best charts in the world