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Re: XARD - Simple Trend Following Trading System

#1992
Dear All, thanks for all the help! I am all excited to trade using Xard's system and the learning shared here. Just a thought. Would it be great to trade LIVE together using telegram or some other platform? That'll help newbies like me to ascend the learning curve with help from the experienced ones.

Re: XARD - Simple Trend Following Trading System

#1993
Dear Sir Xard ...
The latest versions of your system (grail versions) give unreasonably many false signals to enter a position. This can be seen from the image below.
Only yesterday on the DJI there were 3 such signals. (Naturally, before each signal there was a red dot with a white arrow inside, just at the time the picture was taken from the chart, the point is in the current position)
Screenshot_7.png
First of all, I attribute this to the fact that the current settings of the indicators that make up the MA indicator are very aggressive, as a result of which they become overly sensitive and give a lot of false signals.
Secondly, in new versions of the system, you abandoned the rule to enter a position only from the second point of a minor semaphore. In my opinion, this is the main mistake, because any reliable system should somehow be tied to wave analysis. The use of the second point, even if not to the fullest, but still realized this function.
Thirdly, in the pursuit of ease of use, you have abandoned many points that together made your previous setups stably profitable. Simple primitive systems are not stably profitable!
In conclusion, I want to say, that the last quality version, in my opinion, with excellent component balancing was the Christmas setup, and the heart of this system, the Mav2 indicator, is a true masterpiece. In the future, I slightly modified this setup by adding Markers and Cycle Channels indicators, as well as another indicators for additional filtering for more precision to enter in sub window. As a result, in my opinion, a fairly reliable system was obtained. Yes - complex visually, yes - with complex entry rules, but giving 90% of the correct entry into the position and allowing you to hold a profitable position for as long as possible, which is important enough to trade instruments with strong and deep movements, such as indices.
Screenshot_8.png
Based on the foregoing, I urge you to abandon the principle of simplicity, and return to the principles of reinforced concrete reliability. So that if the system gives a signal, the trader enters the deal without any doubts and fears. Let these signals be rare and complex, but for that reliable. And whoever needs it, they will figure it out in a complex system. And recklessly following the principle of simplicity, you can reduce the accuracy of the entrance to a coin toss (eagle or tails)

Re: XARD - Simple Trend Following Trading System

#1994
ImpLaNT wrote:
Wed Mar 25, 2020 12:43 pm
Dear Sir Xard ...
The latest versions of your system (grail versions) give unreasonably many false signals to enter a position. This can be seen from the image below.
Only yesterday on the DJI there were 3 such signals. (Naturally, before each signal there was a red dot with a white arrow inside, just at the time the picture was taken from the chart, the point is in the current position)

Screenshot_7.png

First of all, I attribute this to the fact that the current settings of the indicators that make up the MA indicator are very aggressive, as a result of which they become overly sensitive and give a lot of false signals.
Secondly, in new versions of the system, you abandoned the rule to enter a position only from the second point of a minor semaphore. In my opinion, this is the main mistake, because any reliable system should somehow be tied to wave analysis. The use of the second point, even if not to the fullest, but still realized this function.
Thirdly, in the pursuit of ease of use, you have abandoned many points that together made your previous setups stably profitable. Simple primitive systems are not stably profitable!
In conclusion, I want to say, that the last quality version, in my opinion, with excellent component balancing was the Christmas setup, and the heart of this system, the Mav2 indicator, is a true masterpiece. In the future, I slightly modified this setup by adding Markers and Cycle Channels indicators, as well as another indicators for additional filtering for more precision to enter in sub window. As a result, in my opinion, a fairly reliable system was obtained. Yes - complex visually, yes - with complex entry rules, but giving 90% of the correct entry into the position and allowing you to hold a profitable position for as long as possible, which is important enough to trade instruments with strong and deep movements, such as indices.

Screenshot_8.png

Based on the foregoing, I urge you to abandon the principle of simplicity, and return to the principles of reinforced concrete reliability. So that if the system gives a signal, the trader enters the deal without any doubts and fears. Let these signals be rare and complex, but for that reliable. And whoever needs it, they will figure it out in a complex system. And recklessly following the principle of simplicity, you can reduce the accuracy of the entrance to a coin toss (eagle or tails)
Simple, lagging indicators do not work. Stop wasting your time on them.

Re: XARD - Simple Trend Following Trading System

#1995
markstep wrote:
Wed Mar 25, 2020 1:22 pm

Simple, lagging indicators do not work. Stop wasting your time on them.


If the indicators do not lag, they will give a lot of false signals, which we see in the latest versions of the setups. For me personally, it’s better to enter the market once in a quality manner, even at a less favorable price, than take 2-3 stops in a row. In the case of trading indices with their current volatility, one stop eats at least 100 points. 3 stops - 300 points of loss. You need it? I don’t ....


Re: XARD - Simple Trend Following Trading System

#1999
mario_lima wrote:
Wed Mar 25, 2020 5:16 pm
My 2 cents:
Zig Zag white dots are useless in my opinion, and may confuse most traders, not only they repaint but they do a big mess in the charts.
This zigzag with white dots is your only hope to open the position correctly. So, don’t clean anything. As for the repainting ... In the Xard system (as well as in others) ALL ZIGZAGS are REPAINTS !!!

Re: XARD - Simple Trend Following Trading System

#2000
ImpLaNT wrote:
Wed Mar 25, 2020 12:43 pm
Dear Sir Xard ...
The latest versions of your system (grail versions) give unreasonably many false signals to enter a position. This can be seen from the image below.
Only yesterday on the DJI there were 3 such signals. (Naturally, before each signal there was a red dot with a white arrow inside, just at the time the picture was taken from the chart, the point is in the current position)

Screenshot_7.png

First of all, I attribute this to the fact that the current settings of the indicators that make up the MA indicator are very aggressive, as a result of which they become overly sensitive and give a lot of false signals.
Secondly, in new versions of the system, you abandoned the rule to enter a position only from the second point of a minor semaphore. In my opinion, this is the main mistake, because any reliable system should somehow be tied to wave analysis. The use of the second point, even if not to the fullest, but still realized this function.
Thirdly, in the pursuit of ease of use, you have abandoned many points that together made your previous setups stably profitable. Simple primitive systems are not stably profitable!
In conclusion, I want to say, that the last quality version, in my opinion, with excellent component balancing was the Christmas setup, and the heart of this system, the Mav2 indicator, is a true masterpiece. In the future, I slightly modified this setup by adding Markers and Cycle Channels indicators, as well as another indicators for additional filtering for more precision to enter in sub window. As a result, in my opinion, a fairly reliable system was obtained. Yes - complex visually, yes - with complex entry rules, but giving 90% of the correct entry into the position and allowing you to hold a profitable position for as long as possible, which is important enough to trade instruments with strong and deep movements, such as indices.

Screenshot_8.png

Based on the foregoing, I urge you to abandon the principle of simplicity, and return to the principles of reinforced concrete reliability. So that if the system gives a signal, the trader enters the deal without any doubts and fears. Let these signals be rare and complex, but for that reliable. And whoever needs it, they will figure it out in a complex system. And recklessly following the principle of simplicity, you can reduce the accuracy of the entrance to a coin toss (eagle or tails)
1. This is an excellent analysis of a complex problem and to the point. I think it's very helpful.
2. As far as I can see the false entries are all due to the fact that the zigzag/box/semafor produce false trend signals. The candles and the MA aren't the problem because they just indicate entry (buy) and exit (Pb) but not directional bias (i. e. trade long or short) - within the logic of Xard's system laid out in the rules.
(Of course, if the MA/candles are too fast there are too many entries and exits; so slippage eats up all possible profits but that is a different topic altogether)
3. So - to my mind - simplicity isn't the problem but reading the repainting indicator correctly (which sometimes - like yesterday - is near to impossible for the untrained). Possibly Murray Maths could be one way of getting around the semafor problem (or TDI, or Stoch, or... - but they all pose other problems themselves). Xard uses/used all these already.
(If you look at the trade advice some people gave to struggling traders just before you posted, you may find that all their explanations were about all sorts of things traders should and must take into account - but strangely - all on top of the specific system laid out by Xard: once again - to my mind - they all try to circumvent or argue around the general problem of repainters' signals by enumerating analytical tools - and distributing lengthy manuscripts - that are not part of the trading system).
Occam's razor suggests: it is not always complexity that solves a problem but precise analysis of the problem itself.
But these are only my ideas - and I may be totally wrong.


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