Thats not easy.
Re: XARD - Simple Trend Following Trading System
5442I spent yestarday 12 hour before the simulator. At the end of the day I was in MINUS. I just uploaded my videos to show what I'M doing because I want to knwo what I'M doing wrong.
Re: XARD - Simple Trend Following Trading System
5443Is this a Short?
am I reading the chart correctly?
am I reading the chart correctly?
Re: XARD - Simple Trend Following Trading System
5445Strange in FX4 it does not show the candle as short.
Am I reading it incorrect?
XARD: In real time the candle would have been Pink coming down but as the Blue Dot was made it is now greyed out until the next 2nd Blue Dot appears. In theory price is moving up from the Blue Dot so it will be greyed out so as not to trade against the down bias. Also, if price continues to go up and passes the Square then the greyed out candles would redraw blue as the trend would be continuing up.
Re: XARD - Simple Trend Following Trading System
5446Forgive the colouring!
If price moves from bottom left to top right (on your screen): how can this be a short (yet)?
Besides, the EMA 36 still moves upwards (overall)...
Look at H1 and you'll see immediately that you don't want to short (as yet).
Re: XARD - Simple Trend Following Trading System
5447Because there is a little red second dot after the pink square. So it can be short why not. This is the problem. Someone think it can be a short someone think its cannot bve.josi wrote: Fri Jan 29, 2021 9:18 pm
Forgive the colouring!
If price moves from bottom left to top right (on your screen): how can this be a short (yet)?
Besides, the EMA 36 still moves upwards (overall) - meaning you have higher lows...
Re: XARD - Simple Trend Following Trading System
5448Maybe you need to spend more time thinking about the system - in an uptrend you don't short after a red dot (higher high); instead you buy after a green dot (higher low).normannasty wrote: Fri Jan 29, 2021 9:31 pm Because there is a little red second dot after the pink square. So it can be short why not. This is the problem. Someone think it can be a short someone think its cannot bve.
Update: repainting - now you can see that the square has changed position (so - had you bought after the last higher low you would have made money).
Re: XARD - Simple Trend Following Trading System
5449I would like to add a little bit of my contribution to this idea, if I may? As if change the 2nd wave in a simple grey does still not right. What it would be useful is to allow user select colour options, such as light blue/red(?) to indicator the trend still up, but possibly changing trend? Don't know. Just a thought. So far, Master Xard came up with this genius idea helped so many traders who are struggling make a living in fx market! I still like the FX2 update best.ImpLaNT wrote: Fri Jan 29, 2021 2:12 pm
It's an interesting idea to paint the background according to the older zigzag. This forces the trader to open positions in the right direction on a psychological level. Naturally, we need to understand that changing the background color in this case is only a warning about a possible change in direction for newly opened positions in the near future, not in any way a guide to immediate action (by analogy with semaphores).
I would like to offer Xard some addition from myself related to background coloring. In my opinion, it would be more logical if the areas between the intermediate arrows were not painted, or painted gray, thereby telling the trader that it is better to refrain from trading at all in these areas.
Screenshot_205.png
Screenshot_206.png
Re: XARD - Simple Trend Following Trading System
5450I spent so many times believe me.josi wrote: Fri Jan 29, 2021 9:36 pm
Maybe you need to spend more time thinking about the system - in an uptrend you don't short after a red dot (higher high); instead you buy after a green dot (higher low).
Update: repainting - now you can see that the square has changed position (so - had you bought after the last higher low you would have made money).
I cutted the picture if you see that why you cannot think short? Background red, ema cross down we are after 2nd dot. So why not? what shows definitely that I need to onyl think about long if I have more sign for a short?
Who is online
Users browsing this forum: Forexlearner, xard777, Yandex [Bot] and 88 guests