IndicatorXARD - Simple Trend Following Trading System

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XARD - Simple Trend Following Trading System

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

Latest version of XARD Trading System: 🆕
February 4 2024 XU V007 Setup

Dual Display RSI OMA using XU by Kvak:
January 10 2023 Dual Display RSI OMA (Xard Universe) indicator

XARD Hyrbrid 4.0 Trading System by BeatlemaniaSA:
29 July 2022 Xard Hybrid System
A simplified "Red & Green" version of Xard's system using a CCI, minimal charts and growing topic with trading ideas.

FourXXXX's custom TMA Bands Xard Setup:
27 April 2022 FourXXXX's TMA Bands setup V20-V30

Clean Charts version of XARD Trading System:
11 September 2021 Clean Charts (buttons version) by Banzai with toggle On/Off
The cleanest setup of Xard's original system. Good for low-end PC's.

Live Trading Guide PDF for XARD's system:
2 January 2021 XARD System PDF of Live Trades by Fadhayemustafa

List of Currency Pairs for trading Xard Systems:
5 September 2020
Which Currency Pairs/Indices for Xard Trading Systems?


XARD: If Carlsberg made charts... Probably the best charts in the world


Re: XARD - Simple Trend Following Trading System

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jjventural wrote: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....
I think this help you
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These users thanked the author mntiwana for the post (total 3):
Erebøs_X, Musashi, Marktaylor58
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.

Re: XARD - Simple Trend Following Trading System

5
hannele wrote:Thank you Xard777
One question, I can see wicks top and bottom candles on your images, but when I load above template no wicks. Can you advice please ?
cheers
hannele
Try left mouse click on the chart to activate it then press the + key once or twice to increase the candle width.
All the best
Xard777
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Jedidiah
XARD: If Carlsberg made charts... Probably the best charts in the world


Re: XARD - Simple Trend Following Trading System

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One last thought regarding the Virtual Ram Drive

When you start your OS, then copy your MT4 package folder over to the Ram Drive. Make sure it is a copy and not the actual folder.  
Best to make a backup of the folder just in case.

Now run MT4 from the Ram Drive, you should have zero lag time when using MT4 or multiple MT4 packages that you are running from the Ram Drive.
Just make sure you have allocated enough memory. Usually 2 to 4 gb will do the job.

Remember, any changes that you make to your MT4 within the Ram Drive will be lost when you switch your PC off.
Any changes that you do make should be copied back to the MT4 package on your Hard Drive.

All the best
Xard777
These users thanked the author xard777 for the post (total 7):
ChuChu Rocket, Erebøs_X, hainguyen99992, Musashi, Jedidiah, Marktaylor58, rafl99
XARD: If Carlsberg made charts... Probably the best charts in the world

Re: XARD - Simple Trend Following Trading System

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Blueman wrote:Could you explain more about your system how do you trade it, are you taking counter trend as well etc.? , there are many things in your screen like the TDI ,Murrey math levels etc. Looks really good, I am looking forward to learn more. thanks and have happy weekend
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Yashvi Suvarna, Erebøs_X, tuanvuong, Musashi, Jedidiah, StuartWong, Forexlearner

Re: XARD - Simple Trend Following Trading System

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Simple Trend Following Trading System - UPDATE

Basically, just filled in the two MAs to provide an easy to follow Trend Ribbon.
The Ribbon can be turned on/off via the input menu.

All the best
Xard777
These users thanked the author xard777 for the post (total 6):
ChuChu Rocket, Erebøs_X, Prado, Musashi, Jedidiah, Andreas2000
XARD: If Carlsberg made charts... Probably the best charts in the world

Re: XARD - Simple Trend Following Trading System

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greenway wrote:Thank you, Xard777, your system looks simple. Can you explain more about large colored dots and circles (semaphore)?
Most semafor repaint and are just a guide to see trend via zigzag. (I would not recommend trading off them.)

Uptrend:
  • Large white semafor appears on market bottom showing extreme level.
  • Price moves higher creating a smaller semafor on top.
  • Then a move lower without making a "new low", creating another new small semafor ("Higher Low")(A low, then high, then higher low confirms an up trend in MOST cases).

Downtrend:
  • Large semafor appears on top
  • Price moves lower creating a small semafor on bottom
  • Then a move higher without making a "new high", creating another new small semafor ("Lower High")(A high, then low, then lower high confirms a down trend in most cases)

Hope this helps, happy trading.
These users thanked the author Fantasydank for the post (total 5):
Yashvi Suvarna, Erebøs_X, Musashi, StuartWong, Andreas2000


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