Re: XARD - Simple Trend Following Trading System

#5793
I have placed the triangles in for everyone.
I will post new setup once I have seen it working OK on live market.
Xard777
latest setup.png
Use the Orange ZigZag line on the 15m chart as your Intra-Day Bias. WAIT! for the candle colour change for your first trade and use the Channel line as your 1st EXIT target, take additional trades off the 2nd dots (dots 2,4,6...) that appear and look for a higher Semafor as your 2nd EXIT Target.


Re: XARD - Simple Trend Following Trading System

#5796
xard777 wrote:
Sun Feb 14, 2021 9:40 pm
I have placed the triangles in for everyone.
Xard777
I don't quite see how the triangles improve trading at all.
What can you achieve with the triangles that you could not without them?
Once you have the turning points you just follow the dots:
  • After a blue turning point: directional bias up - you follow the green dots (higher lows)
  • After a red turning point: directional bias down - you follow the red dots (lower highs)
Do we need 3 MAs? Some will, some won't (visualisation of higher TFs)
People don't always think about their setup enough - see: VQ (as of now): it just is a second representation of the MAs that are already on the screen; so it isn't - as some claim - confluence - as the mathematical approach is the same in both cases: so no extra information can be gathered).
XARD: Think of the Triangles as visual training wheels for those still trying to grasp the 2nd Dot theory. The Triangles and the third MA can be switched off from withing the input menu.

I didn't mean to criticize - just wanted to ask politely...

Re: XARD - Simple Trend Following Trading System

#5797
josi wrote:
Sun Feb 14, 2021 10:58 pm
xard777 wrote:
Sun Feb 14, 2021 9:40 pm
I have placed the triangles in for everyone.
Xard777
I don't quite see how the triangles improve trading at all.
What can you achieve with the triangles that you could not without them?
Once you have the turning points you just follow the dots:
After a blue turning point: directional bias up - you follow the green dots (higher lows)
After a red turning point: directional bias down - you follow the red dots (lower highs)
its just visual represation of second dot

Re: XARD - Simple Trend Following Trading System

#5798
Narkarn wrote:
Sun Feb 14, 2021 11:03 pm
its just visual represation of second dot
That's clear enough but doesn't answer the question: does it improve trading?
Everything that improves trading (and if it does for some - it should be in) is good and should be part of the setup.
Everything that is superfluous (because it doesn't tell you about a) directional bias, b) entry, c) exit) is merely decoration and confuses the trader (at best or leads to mistakes at worst).
But that is only my point of view. I am sure Xard will know best.
XARD: I will include two templates (one with and one without).

nice move - forever the philosopher

Re: XARD - Simple Trend Following Trading System

#5799
josi wrote:
Sun Feb 14, 2021 10:58 pm
xard777 wrote:
Sun Feb 14, 2021 9:40 pm
I have placed the triangles in for everyone.
Xard777
I don't quite see how the triangles improve trading at all.
What can you achieve with the triangles that you could not without them?
Once you have the turning points you just follow the dots:
  • After a blue turning point: directional bias up - you follow the green dots (higher lows)
  • After a red turning point: directional bias down - you follow the red dots (lower highs)
Do we need 3 MAs? Some will, some won't (visualisation of higher TFs)
People don't always think about their setup enough - see: VQ (as of now): it just is a second representation of the MAs that are already on the screen; so it isn't - as some claim - confluence - as the mathematical approach is the same in both cases: so no extra information can be gathered).
XARD: Think of the Triangles as visual training wheels for those still trying to grasp the 2nd Dot theory. The Triangles and the third MA can be switched off from withing the input menu.

I didn't mean to criticize - just wanted to ask politely...
Fast - very fast analysis.

I remember when JOSI said THAT NOT EVERYONE SEES "POINT 2". HERE is the answer - a triangle!
tradessss.png

Re: XARD - Simple Trend Following Trading System

#5800
I add that we always have to watch the price action because a second dot can be deleted and the triangle too..
If a trader doesn't see the second dot then I suggest to write in the chart: "second dot"... :lol:
Timing is all

Quando tutto sembrava perduto ho guardato in faccia la sconfitta e ho trovato la speranza


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