Re: XARD - Simple Trend Following Trading System

#4611
xard777 wrote:
Thu Oct 22, 2020 1:30 am
Does anyone have the script that takes an automatic snapshot when you close your trade?
(It is costing too much to take the screenshot first then close my trade :-)

Here is the entry for trade10, both MMAvg on the Index and the screen matched.
Xard777
Greetings , This is not a Script But Indicator..! You May Alter For Your Requirements..!
Thank You..!
XARD: Thanks
ScreenShot On Trade.mq4
(4.19 KiB) Downloaded 115 times


Re: XARD - Simple Trend Following Trading System

#4612
Great, Got it working. I managed to add the screenshot indy to my Chicken Switch script. It auto saves by Symbol,TF,Date & Time. WOOHOO!
The only thing is it will only take a snapshot of the current trade window but I changed the snapshot setting to 3840 * 720 (as I show 3 screens) and it works perfect.
XARD777
Snapshot US500 15 2020-10-21  161729.gif

Re: XARD - Simple Trend Following Trading System

#4613
xard777 wrote:
Thu Oct 22, 2020 1:30 am
Does anyone have the script that takes an automatic snapshot when you close your trade?
(It is costing too much to take the screenshot first then close my trade :-)

Here is the entry for trade10, both MMAvg on the Index and the screen matched.
Xard777
If you have a trade history indicator, you can take screenshot any time after closing the trade...... the screenshot will tell you exactly where you entered and exit the trade.

Re: XARD - Simple Trend Following Trading System

#4614
xard777 wrote:
Wed Oct 21, 2020 3:45 pm
This however, does not translate too well on forex and the like... My Bad.
Xard777
You don't do yourself justice, our kid! Even though you developed it for Indices, it works perfectly well on TRENDING currencies!
The strategy is to IGNORE the last semafor dot/square and trade off the CONFIRMED semafor dot/square on the next higher time frame. (XARD: ...and all this time I thought confirmation was at the 2nd DOT).
Since this is a "SIMPLE TREND FOLLOWING TRADING SYSTEM" we need to trade in accordance with Newton's first law of motion which states:

""An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force"".

In trading terms this means PRICE will continue to go higher and make higher highs and higher lows UNTIL it reaches a SUPPLY level (or RESISTANCE) where sellers are waiting to SELL. Eventually the sellers will create a pull back and a lower high and lower low and then the RED semafor square/dot will be confirmed and glued in place.

As with ALL "Trend Following Trading Systems" this is CRAP when PRICE is trading in a range or consolidation and will drain your account if you try to use it to trade under such conditions.

Thanks Xard

Cheers,

Rob
a.PNG
b.PNG
Cheers,

""There is nothing to fear but fear itself"" - Franklin D. Roosevelt

Rob

Re: XARD - Simple Trend Following Trading System

#4615
Senior Rob wrote:
Thu Oct 22, 2020 3:32 am
xard777 wrote:
Wed Oct 21, 2020 3:45 pm
This however, does not translate too well on forex and the like... My Bad.
Xard777
You don't do yourself justice, our kid! Even though you developed it for Indices, it works perfectly well on TRENDING currencies!
The strategy is to IGNORE the last semafor dot/square and trade off the CONFIRMED semafor dot/square on the next higher time frame.

Since this is a "SIMPLE TREND FOLLOWING TRADING SYSTEM" we need to trade in accordance with Newton's first law of motion which states:

""An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force"".

In trading terms this means PRICE will continue to go higher and make higher highs and higher lows UNTIL it reaches a SUPPLY level (or RESISTANCE) where sellers are waiting to SELL. Eventually the sellers will create a pull back and a lower high and lower low and then the RED semafor square/dot will be confirmed and glued in place.

As with ALL "Trend Following Trading Systems" this is CRAP when PRICE is trading in a range or consolidation and will drain your account if you try to use it to trade under such conditions.

Thanks Xard

Cheers,

Rob
Hi Rob, How do you know when the BIG semafor is confirmed?


Re: XARD - Simple Trend Following Trading System

#4617
LJC wrote:
Thu Oct 22, 2020 4:07 am
Hi Rob, How do you know when the BIG semafor is confirmed?
Continuing with GBPCAD

PRICE has now reached D1 resistance so we start paying attention to the RED SQUARE TREND semafor BUT, we do not act on it and instead WAIT for further PRICE ACTION to develop.

In accordance with Xard's strategy, we trade off the 2nd DOT so, as of now, we are just WAITING for the 2nd RED DOT to print.

For the 2nd RED DOT to appear, PRICE has to make a lower high and a lower low. At the time we are at now, PRICE has printed a lower low - the GREEN DOT. To print the 2nd RED DOT, PRICE has to move higher from the GREEN DOT but NOT higher than PRICE at the RED SQUARE TREND. If PRICE does move higher then it will print a higher RED SQUARE TREND. If PRICE stays below the RED SQUARE TREND and prints a lower swing high above the GREEN DOT then it will PRINT the 2nd RED DOT.

At that time, the conservative and SAFE entry is when PRICE CLOSES below the TREND EMA.
a.PNG
Cheers,

""There is nothing to fear but fear itself"" - Franklin D. Roosevelt

Rob

Re: XARD - Simple Trend Following Trading System

#4618
Senior Rob wrote:
Thu Oct 22, 2020 4:39 am
LJC wrote:
Thu Oct 22, 2020 4:07 am
Hi Rob, How do you know when the BIG semafor is confirmed?
Continuing with GBPCAD

PRICE has now reached D1 resistance so we start paying attention to the RED SQUARE TREND semafor BUT, we do not act on it and instead WAIT for further PRICE ACTION to develop.

In accordance with Xard's strategy, we trade off the 2nd DOT so, as of now, we are just WAITING for the 2nd RED DOT to print.

For the 2nd RED DOT to appear, PRICE has to make a lower high and a lower low. At the time we are at now, PRICE has printed a lower low - the GREEN DOT. To print the 2nd RED DOT, PRICE has to move higher from the GREEN DOT but NOT higher than PRICE at the RED SQUARE TREND. If PRICE does move higher then it will print a higher RED SQUARE TREND. If PRICE stays below the RED SQUARE TREND and prints a lower swing high above the GREEN DOT then it will PRINT the 2nd RED DOT.

At that time, the conservative and SAFE entry is when PRICE CLOSES below the TREND EMA.

All supports are "punched"

Through "Google Translator" - a rusty answer.
But how do you know where to stop?
Today, this point "led me by the nose."
viewtopic.php?p=1295421506#p1295421506
Breakthrough. And then repeated at the "highest level" +11points
GBPUSDM15.png
GBPUSDM.png

Re: XARD - Simple Trend Following Trading System

#4619
Senior Rob wrote:
Thu Oct 22, 2020 4:39 am
LJC wrote:
Thu Oct 22, 2020 4:07 am
Hi Rob, How do you know when the BIG semafor is confirmed?
Continuing with GBPCAD

PRICE has now reached D1 resistance so we start paying attention to the RED SQUARE TREND semafor BUT, we do not act on it and instead WAIT for further PRICE ACTION to develop.

In accordance with Xard's strategy, we trade off the 2nd DOT so, as of now, we are just WAITING for the 2nd RED DOT to print.

For the 2nd RED DOT to appear, PRICE has to make a lower high and a lower low. At the time we are at now, PRICE has printed a lower low - the GREEN DOT. To print the 2nd RED DOT, PRICE has to move higher from the GREEN DOT but NOT higher than PRICE at the RED SQUARE TREND. If PRICE does move higher then it will print a higher RED SQUARE TREND. If PRICE stays below the RED SQUARE TREND and prints a lower swing high above the GREEN DOT then it will PRINT the 2nd RED DOT.

At that time, the conservative and SAFE entry is when PRICE CLOSES below the TREND EMA.
Stopped at the level of "resistance of the week"
GBPCADM15.png

Re: XARD - Simple Trend Following Trading System

#4620
Senior Rob wrote:
Thu Oct 22, 2020 4:39 am
LJC wrote:
Thu Oct 22, 2020 4:07 am
Hi Rob, How do you know when the BIG semafor is confirmed?
Continuing with GBPCAD

PRICE has now reached D1 resistance so we start paying attention to the RED SQUARE TREND semafor BUT, we do not act on it and instead WAIT for further PRICE ACTION to develop.

In accordance with Xard's strategy, we trade off the 2nd DOT so, as of now, we are just WAITING for the 2nd RED DOT to print.

For the 2nd RED DOT to appear, PRICE has to make a lower high and a lower low. At the time we are at now, PRICE has printed a lower low - the GREEN DOT. To print the 2nd RED DOT, PRICE has to move higher from the GREEN DOT but NOT higher than PRICE at the RED SQUARE TREND. If PRICE does move higher then it will print a higher RED SQUARE TREND. If PRICE stays below the RED SQUARE TREND and prints a lower swing high above the GREEN DOT then it will PRINT the 2nd RED DOT.

At that time, the conservative and SAFE entry is when PRICE CLOSES below the TREND EMA.
Why they stopped here. How to determine?
GBPUSDM15.png


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