Re: XARD - Simple Trend Following Trading System

#6631
And so it goes - another slight alteration of HL-version
XARD: Nice, simple visual idea. I like it (will add it to the next update)
I take it the Blue H/L lines are 1hr TF?

Thanks, boss:
a) Blue lines EMA144 (H-L)
b) EMA 36 (H-L)
c) EMA 9 (single average + ATR 1.5 - averages - mtf - alerts 8.3 by Mr Tools)
M15 - H1- H4, I keep close to your original
US500M15.png


Re: XARD - Simple Trend Following Trading System

#6633
sudhindragk wrote:
Fri Mar 26, 2021 12:06 am
SK
man, nothing special at all.
Playing around with Xard's wonderful ideas, that's all.
If you try it, you will see that sometimes price moves along these H-L areas and then can be traded well once it leaves them and a trend move starts.

Here you can see quite nicely how these "ranges" serve as support and resistance "zones" from which price is moving away (entry zones?) or towards which it tends to go (exit zones?).
XARD: The two H/L channels really do wonders, I would ditch the bands - keep it all clean, then post a template for everyone to try out.
GBPCADH1.png


Re: XARD - Simple Trend Following Trading System

#6640
How do you deal with the news? Do you avoid them?

Which one are you avoiding? Only US news for US30, SP500, NAS100? Or there is any other news that has an impact on them? I mostly trade forex so I don't have much experience with indices, that's why I am asking for double-checking.

As a second which pairs do you trade with this system too? I mean forex ones...

Thanks for the answers in advance.


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