Dear Xard,
Thanks for the modular build-up that made possible to install and tweak around each component to examine them.
1. Could you be more specific what changed between the previous and this version, what are the advantages?
What I noticed (I hope my broker being offline in the weekend doesn't influence the findings) are that
- for the Trendline setting (in the MA-ZZ indicator, which is the essence of the system) you seem to use longer period (53->63) - to make it more robust?
- the Squeeze setting was very nice to warn for contracting periods, it seems to be lacking in version2 of MA-ZZ indicator...
- where are the dots signalling important highs / lows? I miss a bit these, too.
- the arrows disappeared, but there are squiggly yellow/blue lines: what are their exact meaning in signalling highs/ lows compared to the dots with white center?
- what are the white small squares (ArrZZx2 FD TT)?
- the ribbon trend indicator below is a bit more robust signal line?
2. During more busy periods can I use this on H4 TF, or is H1 an upper limit?
Thanks in advance if you can find time to reply.
XARD: I decided to pull the 1hr cycle in favour of the ARRZZ indy on the 1hr TF.
On the 1hr TF the ARRZZ acts the same as the 1hr cycle but does not draw itself in until price is actually moving in the direction of the new cycle. This will eliminate false 1hr cycle dots allowing you to trade the current cycle direction longer.
Again. I thought best to pull the squeeze as too much on the chart and we have the ARRZZ FD picking up the slack on that.
I am trying to clean up the chart and still show Directional Trading... see enclosed chart
All the best
Xard777
Re: XARD - Simple Trend Following Trading System
471- These users thanked the author jgxpro for the post (total 3):
- thomdel, ardalan1991, StuartWong