Re: XARD - Simple Trend Following Trading System

1411
xard777 wrote: Tue Feb 11, 2020 10:44 pm Here is a chart showing 5 min Trading BIAS

Remember, you are trading a higher time frame (30 mins) on a 5 min chart.
We can see the 30 min Top and Bottom Cycle Semafor (Red/Lime Box)
We can see the 30 min White Dots (Pink/Green large Circle)
We can see the 5 min Red/Lime Dots
All on the one chart.
You just need to take a minute to get your head around it and see where the BIAS is at any one time during this 5 min road map.

Hope this helps
Xard777

Thank you Xard for clarifying. It's clearer now after you explained.


Re: XARD - Simple Trend Following Trading System

1412
mikepilot89 wrote: Tue Feb 11, 2020 9:06 pm Currently short GBPAUD from second dot, will see how it plays out.

XARD: No No No... This is WRONG!

On the GBPAUD 5 min chart there is a Large Green Semafor Indicating that the 30 min chart has created a white Dot and is in a Pullback i.e. going UP.
If you are taking a SELL on the 5 min off the Red Dot you are going against the Pullback, you either have to WAIT out the Pullback for a Large Pink Semafor or you treat the Pullback as an interim BIAS and trade with it i.e. in this case UP moves - Green Semafor to red Dot, Green Dot to Red Dot and or Green Dot to Pink Semafor.
Once the Pink Semafor appears then the MAIN trend continues and you trade DOWN moves again which will be Pink Semafor to Green Dot and Red Dot to Green Dot and or Red Dot to Lime Box.
Hope this sorts out any confusion
Xard777
Yes thank you just realised what I've been doing wrong! So basically the larger green semafor indicates a white dot on the 30 minute chart which is the pullback so I would need to wait for larger pink semafor to enter the downtrend ?
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Banzai

Re: XARD - Simple Trend Following Trading System

1415
xard777 wrote: Tue Feb 11, 2020 10:44 pm Here is a chart showing 5 min Trading BIAS

Remember, you are trading a higher time frame (30 mins) on a 5 min chart.
We can see the 30 min Top and Bottom Cycle Semafor (Red/Lime Box)
We can see the 30 min White Dots (Pink/Green large Circle)
We can see the 5 min Red/Lime Dots
All on the one chart.
You just need to take a minute to get your head around it and see where the BIAS is at any one time during this 5 min road map.

Hope this helps
Xard777
Thanks a lot Xard for this wonderful clarification. It was much needed from the system creator.

One question though.... does any of the boxes or dots repaint (change location after printed on chart) ?.... this just critical to understand how reliable taking a trade based on their appearance unless you would advise of a confirmation signal before entering the trade)... thanks again

XARD: Yes, They can repaint - that is why we trade A) the BIAS and B) the cross of the Trend line


Re: XARD - Simple Trend Following Trading System

1417
xard777 wrote: Tue Feb 11, 2020 10:44 pm Here is a chart showing 5 min Trading BIAS

Remember, you are trading a higher time frame (30 mins) on a 5 min chart.
We can see the 30 min Top and Bottom Cycle Semafor (Red/Lime Box)
We can see the 30 min White Dots (Pink/Green large Circle)
We can see the 5 min Red/Lime Dots
All on the one chart.
You just need to take a minute to get your head around it and see where the BIAS is at any one time during this 5 min road map.

Hope this helps
Xard777
Thank you XARD, very clear and precise.
With this image we understand well.
Thank you XARD

Re: XARD - Simple Trend Following Trading System

1418
xard777 wrote: Tue Feb 11, 2020 10:44 pm Here is a chart showing 5 min Trading BIAS

Remember, you are trading a higher time frame (30 mins) on a 5 min chart.
We can see the 30 min Top and Bottom Cycle Semafor (Red/Lime Box)
We can see the 30 min White Dots (Pink/Green large Circle)
We can see the 5 min Red/Lime Dots
All on the one chart.
You just need to take a minute to get your head around it and see where the BIAS is at any one time during this 5 min road map.

Hope this helps
Xard777
Hi Xard
What is period CCI for M30 and M5?
Maybe it is good to use MTF CCI M30 indicator for M5 chart?

stond

Re: XARD - Simple Trend Following Trading System

1419
Daim2574 wrote: Tue Feb 11, 2020 11:30 pm
Thanks a lot Xard for this wonderful clarification. It was much needed from the system creator.

One question though.... does any of the boxes or dots repaint (change location after printed on chart) ?.... this just critical to understand how reliable taking a trade based on their appearance unless you would advise of a confirmation signal before entering the trade)... thanks again
Yes it does repaint.


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