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XARD - Simple Trend Following Trading System

Moderators: mrtools, mntiwana

XARD - Simple Trend Following Trading System

#1
Ideally for use on 1Hr charts.

The Candle colours are as follows...
Light Blue for an UPTREND (Candle is above both Blue MA lines).
Light Pink for a DOWNTREND (Candle is below both Red MA lines).
Candle is Black when the MA line colours are not in sync (i.e. one Blue and one Red).

Ideally, when the Candles are in an UPTREND then you want to be trading Above the Gold colour Daily Open line and when the Candles are in a DOWNTREND you want to be trading Below the Gold Daily Open line.

The Large background Candles on the 1hr chart shows the Daily Candle movement.
You want to be using a broker that has their server set to NY Close.
You have the option to choose your own parameters from within the indicator's input menu to suit your own style of trading.

Enc. MT4 files plus screenshot for your perusal.
All the best

Xard777
 
XARD-20170217-ScreenShot.png
XARD-20170217.zip
(372.19 KiB) Downloaded 1614 times


#2
[QUOTE=xard777]Ideally for use on 1Hr charts.

The Candle colours are as follows...
Light Blue for an UPTREND (Candle is above both Blue MA lines).
Light Pink for a DOWNTREND (Candle is below both Red MA lines).
Candle is Black when the MA line colours are not in sync (i.e. one Blue and one Red).

Ideally, when the Candles are in an UPTREND then you want to be trading Above the Gold colour Daily Open line and when the Candles are in a DOWNTREND you want to be trading Below the Gold Daily Open line.

The Large background Candles on the 1hr chart shows the Daily Candle movement.
You want to be using a broker that has their server set to NY Close.
You have the option to choose your own parameters from within the indicator's input menu to suit your own style of trading.

Enc. MT4 files plus screenshot for your perusal.
All the best

Xard777
 
XARD-20170217-ScreenShot.png[/QUOTE]

Hi Xard777
Congratulation opening your specific thread more in demand by users and thanks for your help and sincere contribution towards trading community.
regards
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#3
Good system, but why do you put nearly whole chart in one indicator?
Can you give me the signal line with all changeable settings?  I can't see, what kind of ma or stochatic that is on the january template, just colour and one value is changeable.
I think on renko I need different settings.
Why do you use tdi now instead of cci and stochastics in january on tsd?

#4
from another, similar TDI Dean Malone invented 2006:

[CODE]
//|                     Traders Dynamic Index                        |
//|                                                                  |
//|  This hybrid indicator is developed to assist traders in their   |
//|  ability to decipher and monitor market conditions related to    |
//|  trend direction, market strength, and market volatility.        |
//|                                                                  |
//|  Even though comprehensive, the T.D.I. is easy to read and use.  |
//|                                                                  |
//|  Green line = RSI Price line                                     |
//|  Red line = Trade Signal line                                    |
//|  Blue lines = Volatility Band                                    |
//|  Yellow line = Market Base Line                                  |  
//|                                                                  |
//|  Trend Direction - Immediate and Overall                         |
//|   Immediate = Green over Red...price action is moving up.        |
//|               Red over Green...price action is moving down.      |
//|                                                                  |   
//|   Overall = Yellow line trends up and down generally between the |
//|             lines 32 & 68. Watch for Yellow line to bounces off  |
//|             these lines for market reversal. Trade long when     |
//|             price is above the Yellow line, and trade short when |
//|             price is below.                                      |        
//|                                                                  |
//|  Market Strength & Volatility - Immediate and Overall            |
//|   Immediate = Green Line - Strong = Steep slope up or down.      |
//|                            Weak = Moderate to Flat slope.        |
//|                                                                  |               
//|   Overall = Blue Lines - When expanding, market is strong and    |
//|             trending. When constricting, market is weak and      |
//|             in a range. When the Blue lines are extremely tight  |                                                       
//|             in a narrow range, expect an economic announcement   |
//|             or other market condition to spike the market.       |
//|                                                                  |               
//|                                                                  |
//|  Entry conditions                                                |
//|   Scalping  - Long = Green over Red, Short = Red over Green      |
//|   Active - Long = Green over Red & Yellow lines                  |
//|            Short = Red over Green & Yellow lines                 |    
//|   Moderate - Long = Green over Red, Yellow, & 50 lines           |
//|              Short= Red over Green, Green below Yellow & 50 line |
//|                                                                  |
//|  Exit conditions*                                                |   
//|   Long = Green crosses below Red                                 |
//|   Short = Green crosses above Red                                |
//|   * If Green crosses either Blue lines, consider exiting when    |
//|     when the Green line crosses back over the Blue line.         |
//|                                                                  |
//|                                                                  |
//|  IMPORTANT: The default settings are well tested and proven.     |
//|             But, you can change the settings to fit your         |
//|             trading style.                                       |
//|                                                                  |
//|                                                                  |
//|  Price & Line Type settings:                           |                
//|   RSI Price settings                                             |               
//|   0 = Close price     [DEFAULT]      (COHLMTW)                            |               
//|   1 = Open price.                                                |               
//|   2 = High price.                                                |               
//|   3 = Low price.                                                 |               
//|   4 = Median price, (high+low)/2.                                |               
//|   5 = Typical price, (high+low+close)/3.                         |               
//|   6 = Weighted close price, (high+low+close+close)/4.            |               
//|                                                                  |               
//|   RSI Price Line & Signal Line Type settings                     |               
//|   0 = Simple moving average       [DEFAULT]                      |               
//|   1 = Exponential moving average                                 |               
//|   2 = Smoothed moving average                                    |               
//|   3 = Linear weighted moving average                             |               
//|          SMA EMA SMMA LWMA                                       |
//|   Good trading,                                                  |   
//|                                                                  |
//|   Dean                                                           |                              
//+------------------------------------------------------------------+
[/CODE]

#5
[QUOTE=friend4you]Good system, but why do you put nearly whole chart in one indicator?
Can you give me the signal line with all changeable settings?  [/QUOTE]

Here you go...

All the best
Xard777


Line Settings.png


#6
Thanks again Xard777. May I ask what's the size of your computer screen???? Thank you...

#7
[QUOTE=jjventural]Thanks again Xard777. May I ask what's the size of your computer screen???? Thank you...[/QUOTE]

Screen size is 55" UHD with resolution 3,840 x 2,160
The OS that I use is Linux Mint 18.1 and I run multiple MT4 packages on multiple workspaces using Wine 1.8 - I find that MT4 runs better, faster and more stable on Linux than it ever did on Windows. Also, with Linux I run a 4GB Virtual Ram Drive which helps a lot once all the programs are up and running.

All the best
Xard777

#8
[QUOTE=jjventural]Thanks again Xard777. May I ask what's the size of your computer screen???? Thank you...[/QUOTE]
Hi jjventural
Welcome here and thanks for your joining us [smile]
regards
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

#9
Thanks to you also mntiwana for all your contributions. Thanks Xard777 for your explanation. I don't know if you could help me about where to find information about how to create a virtual RAM drive. I have also openened several mt4 platforms at the same time with baskets and when important news come, the computer freezes....

#10
[QUOTE=jjventural]Thanks to you also mntiwana for all your contributions. Thanks Xard777 for your explanation. I don't know if you could help me about where to find information about how to create a virtual RAM drive. I have also openened several mt4 platforms at the same time with baskets and when important news come, the computer freezes....[/QUOTE]
I think this help you [smile]

Untitled.png 
Untitled.png
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


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