.

Re: XARD - Simple Trend Following Trading System

#731
So this is the breakout indicator that I use to take breakouts.
This counts every 16 candles back.
If price breaks past the last 16 candles it will show.
Maybe a good programmer will make a dash out of it or something.

I can't just give it to you. You won't learn anything like that.
I use the 16 candle breakout on the 1hr.
And trade the 4hr towards the daily.

Why do I trade like this?

1st lesson
Breakouts are the leading indicator. Its price action. Every other indicator or most of them are lagging. Only price action is leading.
When you compare leading to lagging I will win every time.

put the functions in the libraries folder

Also, I don't take just every breakout. It's the bite and the signal that I look for to check my fishing line.


ish
!! GoldBug BreakOut Box5.ex4
(42.12 KiB) Downloaded 379 times
!! GoldBug BreakOut Box5.mq4
(15.92 KiB) Downloaded 392 times
!! GoldBug Functions.ex4
(33.01 KiB) Downloaded 366 times
!! GoldBug Functions.mq4
(21.52 KiB) Downloaded 430 times


Re: XARD - Simple Trend Following Trading System

#732
One more thing. I actually do have a breakout dash that was created from that breakout indicator.

And before you ask . I can’t share it.
The guy that created it for me last request of me was that I nor Xard ever post it. And even though I don’t even know if the creator is still alive I can’t break my promise. Just like I have to respect the wishes of everyone else who have asked the same of me.

I guess I’ve been in this game for a long time it seems.

But nothing was said in sharing the indicator it was based off of.

So good luck and god speed.

Ish

Re: XARD - Simple Trend Following Trading System

#733
DRAXILL wrote:
Sat Oct 05, 2019 10:45 am
So here is my Powerdash that had been custom fitted for my personal trading style.

It was fitted like an expensive custom fine fitted suit by non-other than Xard himself.

I normally don't share the source code but since Xard has asked me to I will do it here.

You guys can go into the source code and custom it to your specifications since your trading style is different than mine.

I only ask if you come up with anything good then share it here.

DRAXILL
Hi Draxill,

thanks for your sharing. i appreciate it :thumbup:

i wanna ask, why after i add to chart, number is not moving? i mean in pfo, bidratio, rst, bsr is stagnan?

and if you dont mind, can you explain me what is PFO, bidratio, rst, and bsr? because i still confusing..


thanks you draxill,


Regards,

Raka

Re: XARD - Simple Trend Following Trading System

#734
arraka wrote:
Thu Nov 07, 2019 5:26 pm
DRAXILL wrote:
Sat Oct 05, 2019 10:45 am
So here is my Powerdash that had been custom fitted for my personal trading style.

It was fitted like an expensive custom fine fitted suit by non-other than Xard himself.

I normally don't share the source code but since Xard has asked me to I will do it here.

You guys can go into the source code and custom it to your specifications since your trading style is different than mine.

I only ask if you come up with anything good then share it here.

DRAXILL
Hi Draxill,

thanks for your sharing. i appreciate it :thumbup:

i wanna ask, why after i add to chart, number is not moving? i mean in pfo, bidratio, rst, bsr is stagnan?

and if you dont mind, can you explain me what is PFO, bidratio, rst, and bsr? because i still confusing..


thanks you draxill,


Regards,

Raka
I will try my best to answer that question this weekend Raka. I promise. It’s been a while since we built that dash so I have to look back and see. But for now I’m off to the nearest pub.

Cheers!

Re: XARD - Simple Trend Following Trading System

#735
DRAXILL wrote:
Thu Nov 07, 2019 5:30 pm
arraka wrote:
Thu Nov 07, 2019 5:26 pm


Hi Draxill,

thanks for your sharing. i appreciate it :thumbup:

i wanna ask, why after i add to chart, number is not moving? i mean in pfo, bidratio, rst, bsr is stagnan?

and if you dont mind, can you explain me what is PFO, bidratio, rst, and bsr? because i still confusing..


thanks you draxill,


Regards,

Raka
I will try my best to answer that question this weekend Raka. I promise. It’s been a while since we built that dash so I have to look back and see. But for now I’m off to the nearest pub.

Cheers!
hi draxill,

thanks for your respone.. :) ,
oke, GLHF draxill..

good luck have fun :)


Regards,

Raka


Re: XARD - Simple Trend Following Trading System

#739
DRAXILL wrote:
Thu Nov 07, 2019 5:04 pm
So this is the breakout indicator that I use to take breakouts.
This counts every 16 candles back.
If price breaks past the last 16 candles it will show.
Maybe a good programmer will make a dash out of it or something.

I can't just give it to you. You won't learn anything like that.
I use the 16 candle breakout on the 1hr.
And trade the 4hr towards the daily.

Why do I trade like this?

1st lesson
Breakouts are the leading indicator. Its price action. Every other indicator or most of them are lagging. Only price action is leading.
When you compare leading to lagging I will win every time.

put the functions in the libraries folder

Also, I don't take just every breakout. It's the bite and the signal that I look for to check my fishing line.


ish
Thank you so much Ish.
I see it's a dynamic BOX. Why 16 candles? Is there a reason you chose this value?

Can you write more about "And trade the 4hr towards the daily", I think this is very important, and I want to understand your trading style.

Thank you for the indicator and for your help.
Best Regards
stond


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