Display posts from previous
Sort by

Re: XARD - Simple Trend Following Trading System

7063 by josi
xard777 wrote: Sun Apr 25, 2021 9:49 pm Still tweaking latest setup.
Xard777
so in one you use ADX and in one Stoch - I'd prefer the less jittery Stoch (especially as you use ToR on top of that, of course) but...
+ you might have stayed in the trade longer using Stoch (but this will sometimes be in your favour, while at others...)
but: ADX gives a much better reflection of what is actually happening as far as price moves are concerned
As far as I can see Murrey Math is in both trades the background but isn't really used for the actual trades:
I think Fibs could be and possibly are used for exits but I don't see that Murrey has a productive role to play.
As always I am most likely wrong.
These users thanked the author josi for the post (total 2):
AlexBello, msbh

Re: XARD - Simple Trend Following Trading System

7069 by msbh
josi wrote: Mon Apr 26, 2021 8:17 pm so in one you use ADX and in one Stoch - I'd prefer the less jittery Stoch (especially as you use ToR on top of that, of course) but...
+ you might have stayed in the trade longer using Stoch (but this will sometimes be in your favour, while at others...)
but: ADX gives a much better reflection of what is actually happening as far as price moves are concerned
As far as I can see Murrey Math is in both trades the background but isn't really used for the actual trades:
I think Fibs could be and possibly are used for exits but I don't see that Murrey has a productive role to play.
As always I am most likely wrong.
ADX looks nice on the visual side but the last VQ still rocks especially if want to stay longer in a trade :)
These users thanked the author msbh for the post:
gostego

Post Reply Attachments 10402

Return to “MT4 Trading Systems”