aaven wrote: Tue Jun 02, 2020 5:44 pm
Implant,
As seen by the screenshots, Xard's classic seems to smooth out the ranging phase, so are you basing the core of the system on Xard's classic?
Thanks
According to my observations, the system based on MAv2 (the Christmas edition) most correctly recognizes the trend and remains in it as long as necessary, without "bounce" on corrections. If we look specifically at this situation in these three pictures ...
At the end of the Friday session on the SP500, a sharp upward movement began, respectively, the day and week are closed high. Monday opened with a big gap down, but the trends don't changing on weekends and as we know, the market always seeks to close the gap and such a movement begins literally immediately after opening on Monday. And the system based on MAv2 is the fastest to return to the uptrend and does not change colors until its end.
Naturally, the market can be different at different times. And in February-March, when the market was very volatile and aggressive, Xard issued several setups with increased sensitivity to a change of trend, and probably in those days it was justified. But when calm returns to the markets, such systems give a lot of false signals to open positions. As you know, 70% of the time the market spends in a correction state and only 30% in a steady trend, therefore the system’s resistance to sideway movements is extremely important in calm markets. And again, as noted, in calm markets after the formation of a signal to enter a position, the price very often returns to the trend line, thus giving the opportunity to open a position at a better price. Thus, the quick response of the system to a possible trend change in calm markets loses its relevance in comparison with the quality of the issued signals.
Here is an example of how the Christmas version holds today's uptrend cleanly ..
And as I think, I will publish 3 templates based on the 3 versions - Xmas, MonsterG and Universe. In principle, technically it's not difficult. Let everyone decide for himself which version he prefers. In addition, it will be possible to change the template depending on the current state of the market.
