Re: XARD - Simple Trend Following Trading System

6611
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.
Attachments
These users thanked the author josi for the post:
sudhindragk




Re: XARD - Simple Trend Following Trading System

6618
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.
These users thanked the author promixer for the post:
LorenzoNexus

Re: XARD - Simple Trend Following Trading System

6619
josi wrote: Thu Mar 25, 2021 11:27 pm 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
Hello josi
Can you please share the blue bands that act as a support and resistance?

Re: XARD - Simple Trend Following Trading System

6620
Blin wrote: Fri Mar 26, 2021 11:57 pm Can you please share the blue bands that act as a support and resistance?
Man, what can I tell you.
except: use the simple MA that is part of standard MT4 and use the following input
(a) Blue lines: EMA144 high + EMA144 low
b) Red lines: EMA36 high + EMA36 low
c) EMA 9 (single average + ATR 1.5 - averages - mtf - alerts 8.3 by Mr Tools)
That is all you have to do. Do you think you can do that?

This way it will work for everybody as it uses only MT4-standard-indie
XARD: josi, In your H_L template your 9EMA is set to High, it should be Median
These users thanked the author josi for the post (total 4):
sudhindragk, stond, mcmstar, msbh


Who is online

Users browsing this forum: BillyIdol, ChatGPT [Bot], Google [Bot], specialkey, Trendiction [Bot] and 37 guests