Re: XARD - Simple Trend Following Trading System

#7572
xard777 wrote:
Fri Jun 04, 2021 3:22 am
You know the saying "Sell in May and stay away", well with trading indices we can still trade throughout the summer months albeit with reduced daily target levels.
Basically from September to May I aim for 20% per day and in the summer months drop down to 12.5% per day. OK, in reality not every day is a target day. Some days I only hit 10% and other days 6% but there are other days that I hit my targets and shut her down and go do something else. I try to maintain a business like approach when trading. Keep the losses small and let your winners run, when your targets are hit STOP! go do something else. Different traders have different targets, could be 4% & 2%.
Whatever your daily target is, once met, get out and don't go back in. No good giving back to the market what took you all day to get in the first place.

What I look for when trading is where is the 2nd Dot, Perimeter Dot and triangle? Once the 2nd Dot has been made then we can expect change in the Direction. Watch the different TFs... in the enclosed screenshot you can see the 15min, 5min and yes, the 1min TFs. You want to see the Road map play out from the perspective of the 2nd Dot. Once a 2nd Dot appears do not jump in, instead WAIT for price to cross your trend or signal line before jumping in. In smaller TFs price will play out with more smaller cycles which will seem as if price is ranging then all of a sudden we get a breakout and price plays out the higher TF's.

This type of pattern repeats all the time, you just need to watch it play out in the different TFs again and again. That is why I always go for the visual setup so I can see the moves play out off the 2nd Dot, the 2nd PerDot, the 2nd Square. The play off the 2nd Dot is a self similar fractal that repeats on all TFs.

The 2nd Dot is used to confirm that the new Square is no longer repainting and that a change is now taking place.
Gann said that there is nothing new under the sun, everything repeats given time, even this post is a repeat of what I have said throughout this thread.
Xard777
Those triangle indicate divergence isn't it?
The semafor calculated based on previous fractal and zigzag

Re: XARD - Simple Trend Following Trading System

#7574
Hi Xard and thanks for the update.

Could you make a comment on how exactly you use the PFO and HiLo collumn values of the Dash in your thinking process?
XARD: The Hilo figure lets you see the range of the market for today and the PFO lets you see how far it is above or below from the Daily Open.
These are simply at a glance snapshot figures, the same data is in the Panel indy top right of your chart along with the percentage ADR price movement which is also displayed on the chart.

@ XARD Yes, I realise what the figures mean, my question is on how you use these figures in your thinking process, how these 2 collumns affect your decision to trade or not and when to trade - or do they affect your exit as well?

Re: XARD - Simple Trend Following Trading System

#7575
I working in a system that give 10 entryes at month in 5 minutes time frame expiration 30 candles ( arround 100 pips in forex by trade) the winning ratio is 90%
and the stop lost take profit ratio is 1/5. I think will open an academy what you think? ;)
XARD: Does my setup not give about 3 entries a day on 5m without any academia!!!


Re: XARD - Simple Trend Following Trading System

#7576
Cladi39 wrote:
Sun Jun 06, 2021 3:22 am
I working in a system that give 10 entryes at month in 5 minutes time frame expiration 30 candles ( arround 100 pips in forex by trade) the winning ratio is 90%
and the stop lost take profit ratio is 1/5. I think will open an academy what you think? ;)
Hi Cladi,
This is not just the opening of an academy, but a really fat money printing machine ;)
With the statistics you have written you deserve my full respect.
All the best and many many + pips in the books.
Skyold
Be patient and wait for your chance

Re: XARD - Simple Trend Following Trading System

#7577
For those of you that are still struggling with my setup please checkout this video on youtube about Gartley patterns.
Even though he is showing you a Daily chart the 1234 sequence can easily be seen being played out on our 15m TF.
The 1 and the 4 would be our square semafor and the 2 and 3 would be our Perimeter Dots.
Hopefully the penny drops and you gain a better insight into the workings of how the market moves in cycles within an up Trend cycle and a down Trend cycle.
You can also switch your TF from 15m to Daily and see the Trend move using the channel lines on my latest setup.



Xard777

Re: XARD - Simple Trend Following Trading System

#7578
Cladi39 wrote:
Sun Jun 06, 2021 3:22 am
I working in a system that give 10 entryes at month in 5 minutes time frame expiration 30 candles ( arround 100 pips in forex by trade) the winning ratio is 90%
and the stop lost take profit ratio is 1/5. I think will open an academy what you think? ;)
XARD: Does my setup not give about 3 entries a day on 5m without any academia!!!
Since yesterday evening I've been doing a backtest of the last 4 weeks with XARD's XU-v4 with a little bit different settings.
Roadmap is 30MIN and trading at 5MIN.

Trading time (GMT +1) from 9:00 a.m. to 10:00 p.m.
Result: 3980 Points (US500); Profit factor 5.02
I think, i just have to say: DON'T BE GREED :lol:
Skyold
Be patient and wait for your chance

Re: XARD - Simple Trend Following Trading System

#7579
Skyold wrote:
Sun Jun 06, 2021 3:51 am
Since yesterday evening I've been doing a backtest of the last 4 weeks with XARD's XU-v4 with a little bit different settings.
Roadmap is 30MIN and trading at 5MIN.

Trading time (GMT +1) from 9:00 a.m. to 10:00 p.m.
Result: 3980 Points (US500); Profit factor 5.02
I think, i just have to say: DON'T BE GREED :lol:
Skyold
do you mind giving more details ? Which Instrument ?


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