Re: XARD - Simple Trend Following Trading System

#7771
1) stick to the instructions
2) two zigzag indicators
3) delete dash indicator
4) works for any symbol
5) viewtopic.php?p=1295427534#p1295427534

neel wrote:
Tue Jun 29, 2021 8:55 pm
i am new and help needed to understand few parameters in XARD
screenshot attached.
1) as per XARD steps entry should on crossing after the second dot according to the trend up or down
what if crossing happened before the second dot?
2) what is zz1 and zz2
3) can we disable the left side of display which shows other indice ? i assume if data keep updating means it lag the system.
4) is there any XARD dedicated to forex only , so it works faster?
5) is there steps how to install this system in Ubuntu?
thank you , help appreciated


Re: XARD - Simple Trend Following Trading System

#7772
Castle73 wrote:
Tue Jun 29, 2021 12:44 pm
Hey Julia,

We've all been there. In my opinion, Xard's system is awesome, and I too have been working on passing the FTMO challenge. The turning point for me was coming up with an exit strategy. I think Xard's system is so clear on entries, but exit strategies are a bit ambiguous. Some go for TP, others tailing stop. For me, a strong R:R ration with clear tp was key to start turning a profit.

How are you currently using the system? What's your entry, exit strategy?
Thank you for your reply. I was mainly trading the 2nd dot at first, 15 min with confirmation on 1 hour on forex pairs and ger30 and things went well for a while but trading too many pairs started giving me more losses than wins so I thought that I should simplify and focus on indexes, backtesting and forward testing them intensively and really get to know only two instruments well enough and then continue things from there... then I started using the panel on 1 min with confirmation on 15 min and taking two positions, 1 with open tp and the other with fixed tp and a 1:1 RRR... but the winrate of my trades is not being enough to compensate for the losing strikes which means that I am on the negative side now... I suspected that improving RRR could be the key but I don't know how exactly... Because my sl are usually too big I suppose, maybe because I am still stuck with the dot mindset and putting my sl in there...
What can you suggest to improve RRR and sl placement?


Re: XARD - Simple Trend Following Trading System

#7776
During the summer time when the schools are out trading tends to be a bit slower, so don't be too greedy on your Daily targets/returns.
That said, you could still be making a killing trading HK50 during the Asian open then FTSE100 during the London open followed by US30 during the US open.
Xard777
WS30 Tuesday.png
XARD: Use the Orange ZZ line as your Intra-Day BIAS - Use the White Dot as your IntraDay HIGH/LOW - Use the White ZZ line for IntraDay EXIT - After a new Orange ZZ line appears, WAIT! for price to cross the Trend line to confirm a change in the Trend Cycle.


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