Re: XARD - Simple Trend Following Trading System

#3221
DVanAssen wrote:
Sun Jul 05, 2020 1:19 am
oneking wrote:
Sun Jul 05, 2020 12:55 am

Thank you, I appreciate this information.
If possible, can you explain to us the role of OCTAVMATH in this system, the price never reaches the levels in the rules!
Thanks again
This requires reading up on Murray Maths (PA moving through sentiment until reaching saturation point and thereafter reversing back to the median) which is too extensive too simply just place here. See viewtopic.php?p=1295396298#p1295396298
Thank you so much :thumbup: :)


Re: XARD - Simple Trend Following Trading System

#3224
Xard this indicator is based on cross of 2 HMA right? is there an alternative for this indicator or something equal? beacouse it is is not free right now.
XARD: Not that I know of, that is why I switched to Banzai's Stochastic idea.
2020-07-04.png


Re: XARD - Simple Trend Following Trading System

#3226
Cladi39 wrote:
Sun Jul 05, 2020 2:52 am
Xard this indicator is based on cross of 2 HMA right? is there an alternative for this indicator or something equal? beacouse it is is not free right now.
XARD: Not that I know of, that is why I switched to Banzai's Stochastic idea.
Mr. Tools just made one like and it's much better
viewtopic.php?p=1295413616#p1295413616
EURUSDM5.png
To Reduce CPU and RAM usage -- MT4 > Tools > Options > Chart --->> Decrease "max bars in history" and "max bars in chart" (My setting is 5000)

Re: XARD - Simple Trend Following Trading System

#3227
Banzai wrote:
Sun Jul 05, 2020 4:14 am
Cladi39 wrote:
Sun Jul 05, 2020 2:52 am
Xard this indicator is based on cross of 2 HMA right? is there an alternative for this indicator or something equal? beacouse it is is not free right now.
XARD: Not that I know of, that is why I switched to Banzai's Stochastic idea.
Mr. Tools just made one like and it's much better
viewtopic.php?p=1295413616#p1295413616
Thanks Banzai but not same result in arrows try all conbinations. Attached the setting, i see an extra item there.
2020-07-04 18_47_43-Custom Indicator - HMA Trend.png

Re: XARD - Simple Trend Following Trading System

#3228
RplusT wrote:
Sat Jul 04, 2020 3:21 pm
jcorp01 wrote:
Sat Jul 04, 2020 1:27 pm



Haven't posted in awhile.

Everyone is different. I've been using Xard's system, or a form of it now for over 6 months with much success. Xard gives you the template/trading system to follow, but you must still sit and watch the charts and TREAT THIS AS A BUSINESS; time for trading, loss limits, profit targets, management, etc

Because of Xard's system I've been consistently profitable now for many months. You can click on my profile and see some of my past posts.

I didn't just take Xard's system and trade it blindly. I watched and watched the charts endlessly for hours and hours a day. Don't want to do that? Then this isn't the business for you. Put in the hard work and it'll reap for you the results you're wanting.

Xard's latest system seems to focus on the 30 min. chart... I don't know. I'm still keeping what works for me.

I focus on the 1 min chart - US30 - and through a long time of watching the charts and putting in the work I only look to catch 60 points a day as a scalper broken up into 20 point take profit targets... 1 to 1 risk ratio. I have loss limits as well. If in one day I get 5 losses (yes, because those days do happen - But EVERY week so far has been profitable for over 4 months), then I stop for the day. 3 profitable trades in a day, and I'm done. I trade ONLY now from 5:30 Am - 12:30 Pm PST time. That's my system and no one should follow it because it works for ME. Find your own way of doing this business. The way I do it fits my personality.
Don't want to do that? Then this isn't the business for you. .....Absolutely incorrect. It makes no sense to me glaring at the charts for 24/7. Impossible to keep focussed too.
This is the very reason Xard suggests to use the 30 m TF. But even if you'd use the 1m , just simply switching to look at the 5m or 15 m once in a while would be sufficent till you see this....Now, that does not require to glare at the computer. Not to talk about the need to compensate for the losses you occur from the erratic price action of the 1m.
But then, of course I respect that everyone is entitled to trade as he wants.


Xards Goldbands.JPG


I respect your opinion... everyone is different. Having been consistently profitable every week I've found the 1 min chart to fit my way of trading... and are you saying that a new person SHOULDN'T put in chart time?

If someone came to me and said they wanted to create a BUSINESS from trading, and not long-term or swing trading but more day-trading/scalping, then I would absolutely say you need to watch the charts for hours, especially in the beginning. After you put in the time, and know the movements of your chosen pair/instrument, then do what you want. But to say it's absolutely incorrect is giving false hope to people... I'd rather err on the safe side and tell people the truth about the importance of CHART TIME... it'll weed out the lazy folks quickly.

Re: XARD - Simple Trend Following Trading System

#3229
jcorp01 wrote:
Sun Jul 05, 2020 2:24 pm
RplusT wrote:
Sat Jul 04, 2020 3:21 pm

Don't want to do that? Then this isn't the business for you. .....Absolutely incorrect. It makes no sense to me glaring at the charts for 24/7. Impossible to keep focussed too.
This is the very reason Xard suggests to use the 30 m TF. But even if you'd use the 1m , just simply switching to look at the 5m or 15 m once in a while would be sufficent till you see this....Now, that does not require to glare at the computer. Not to talk about the need to compensate for the losses you occur from the erratic price action of the 1m.
But then, of course I respect that everyone is entitled to trade as he wants.


Xards Goldbands.JPG
I respect your opinion... everyone is different. Having been consistently profitable every week I've found the 1 min chart to fit my way of trading... and are you saying that a new person SHOULDN'T put in chart time?


If someone came to me and said they wanted to create a BUSINESS from trading, and not long-term or swing trading but more day-trading/scalping, then I would absolutely say you need to watch the charts for hours, especially in the beginning. After you put in the time, and know the movements of your chosen pair/instrument, then do what you want. But to say it's absolutely incorrect is giving false hope to people... I'd rather err on the save side and tell people the truth about the importance of CHART TIME... it'll weed out the lazy folks quickly.
"..and are you saying that a new person SHOULDN'T put in chart time..." Nope! But the same statement for you and me is not the same. It's not glaring at the charts 24/7. I don't know the movements of my instruments either. Nobody does. I wish I would. CHART TIME....I mean education! Trading naked (no, I keep my clothes on..lol), purely on S/D levels drawn from weekly and daily charts. This is the business requirement one must refer to if one considers trading a business. Like very other business it is driven by Supply and Demand, period! And that's what I suggest everyone, and beginners in particular. Plus having sufficient funds. More Indicators are just for decoration.
I have the luxury to spend as much time at the computer as I want. But I can't remember that being more than 3-4 hours. Usually it's a lot less with just passing by to have a look "where we are now". And yes, I only day trade because I will never keep an Index open over night.
I also would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. I respect people doing things differently.

Re: XARD - Simple Trend Following Trading System

#3230
RplusT wrote:
Sun Jul 05, 2020 3:09 pm
jcorp01 wrote:
Sun Jul 05, 2020 2:24 pm

I respect your opinion... everyone is different. Having been consistently profitable every week I've found the 1 min chart to fit my way of trading... and are you saying that a new person SHOULDN'T put in chart time?


If someone came to me and said they wanted to create a BUSINESS from trading, and not long-term or swing trading but more day-trading/scalping, then I would absolutely say you need to watch the charts for hours, especially in the beginning. After you put in the time, and know the movements of your chosen pair/instrument, then do what you want. But to say it's absolutely incorrect is giving false hope to people... I'd rather err on the save side and tell people the truth about the importance of CHART TIME... it'll weed out the lazy folks quickly.
"..and are you saying that a new person SHOULDN'T put in chart time..." Nope! But the same statement for you and me is not the same. It's not glaring at the charts 24/7. I don't know the movements of my instruments either. Nobody does. I wish I would. CHART TIME....I mean education! Trading naked (no, I keep my clothes on..lol), purely on S/D levels drawn from weekly and daily charts. This is the business requirement one must refer to if one considers trading a business. Like very other business it is driven by Supply and Demand, period! And that's what I suggest everyone, and beginners in particular. Plus having sufficient funds. More Indicators are just for decoration.
I have the luxury to spend as much time at the computer as I want. But I can't remember that being more than 3-4 hours. Usually it's a lot less with just passing by to have a look "where we are now". And yes, I only day trade because I will never keep an Index open over night.
I also would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. I respect people doing things differently.
------

Liked this

............................would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. ........... .

2020-07-05_8-57-51.jpg


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