Re: XARD - Simple Trend Following Trading System

3642
Tabary wrote: Mon Aug 31, 2020 2:15 am Hello good Sir
how to avoid a trap like this using xard system?

(sory for my bad english)
Не торгуйте на ТФ М-1. Торгуйте з ТФ М-5 та вище.
Хард розробляв систему для мінімального ТФ М-15. Подивіться попередні версії.
Do not trade on TF M-1. Trade with TF M-5 and above.
XARD designed a system for the minimum TF M-15. See Previous versions.
These users thanked the author RomanUkraine for the post (total 3):
Tabary, Jimmy, ChuChu Rocket

IdeaRe: XARD - Simple Trend Following Trading System

3643
Tabary wrote: Mon Aug 31, 2020 2:15 am Hello good Sir
how to avoid a trap like this using xard system?

also what is the different between a charger and trader tempelate?

(sory for my bad english)
Hi There,

I do not recommend trading 1m, instead try 5min and always look at the next larger TF (15min).

In the 1m you are trading against the Trend which is down on the 15m, On the 1m all your down moves are larger than your up move because the Trend is Down.

So, you should not be taking any Buys. Look at the enclosed 15min chart of Cable at the same time period 19th Aug, price is clearly going Down.

If you use my latest update and show two charts say 5min & 15min you will get a clearer picture of how the market is moving.

I personally use 15min & 1hr and from time to time I look at 1hr & 4hr and quite often I put up 15min & 4hr just to get a sense of the roadmap and what lays ahead.

It gives me a better perspective and I can then jump in using the semafor 2nd dot strategy (pink to blue & blue to arrow).

D/L the latest update, you may have to alter the CountBars in the XU-TMA indy input menu (default is 1500 from 5000 to 2000) if you want to go back further in lower TFs.

Hope this helps.
Xard777
Attachments
XARD: If Carlsberg made charts... Probably the best charts in the world

Re: XARD - Simple Trend Following Trading System

3644
RomanUkraine wrote: Mon Aug 31, 2020 2:20 am Do not trade on TF M-1. Trade with TF M-5 and above.
XARD designed a system for the minimum TF M-15. See Previous versions.
xard777 wrote: Mon Aug 31, 2020 2:48 am I do not recommend trading 1m, instead try 5min and always look at the next larger TF (15min).

In the 1m you are trading against the Trend which is down on the 15m, On the 1m all your down moves are larger than your up move because the Trend is Down.
Solid and clear advice.

New Xard traders, please stay away from the 1 Min timeframe.
These users thanked the author ChuChu Rocket for the post (total 4):
Narkarn, Tabary, moey_dw, oneking
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Re: XARD - Simple Trend Following Trading System

3645
RomanUkraine wrote: Mon Aug 31, 2020 2:20 am

Не торгуйте на ТФ М-1. Торгуйте з ТФ М-5 та вище.
Хард розробляв систему для мінімального ТФ М-15. Подивіться попередні версії.
Do not trade on TF M-1. Trade with TF M-5 and above.
XARD designed a system for the minimum TF M-15. See Previous versions.

thank you sir

also is the vwap line is it a dynamic support and resistance line?


Re: XARD - Simple Trend Following Trading System

3646
Tabary wrote: Mon Aug 31, 2020 3:28 am


thank you sir

also is the vwap line is it a dynamic support and resistance line?
Огляд VWAP (Volume Weighted Average Price) - пошук гугл.
Швидше трендова лінія, але в даному випадку з діапазоном можливої зміни ціни (додаткові лінії). Я не спеціаліст, а просто новачок. Почитайте мої пости з 3593.
Review VWAP (Volume Weighted Average Price) - Google search.
Rather a trend line, but in this case with a range of possible price changes (additional lines). I'm not a specialist, I'm just a beginner. Read my posts from 3593.
These users thanked the author RomanUkraine for the post:
Tabary

Re: XARD - Simple Trend Following Trading System

3647
Tabary wrote: Mon Aug 31, 2020 3:28 am


thank you sir

also is the vwap line is it a dynamic support and resistance line?
Google Search:
VWAP is used by HFT traders to buy / sell at a point that would not cause a sudden move in stock prices. This does not necessarily provide trading signals, but helps to buy low and high sells. When used with other trading indicators, it can definitely help improve the accuracy of your trading strategy. You should understand that this is only one indicator in a thousand, which is taken into account when placing a large volume of orders.
These users thanked the author RomanUkraine for the post:
Tabary


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