Re: XARD - Simple Trend Following Trading System

#8541
US30 15M/5M : 15M has a bearish triangle indicating bearish structure.

I was bit cautious of the buy trade because of this. But it played out well.

5m chart shows entry etc. It is not that complicated.

Had a break even on dax ..got flushed out.

But dax was decent too.
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Re: XARD - Simple Trend Following Trading System

#8545
sudhindragk wrote:
Thu Sep 02, 2021 6:21 pm
US30 15M/5M : 15M has a bearish triangle indicating bearish structure.

I was bit cautious of the buy trade because of this. But it played out well.

5m chart shows entry etc. It is not that complicated.

Had a break even on dax ..got flushed out.

But dax was decent too.
Image

Image

Image
hi sir, can you share your template pls


Re: XARD - Simple Trend Following Trading System

#8546
tokjanggut wrote:
Thu Sep 02, 2021 8:34 pm
hi sir, can you share your template pls
You can download the last version available over here and start practicing.

In the mean time latest version will be released. Also please put in efforts to read all the posts.

Being a silent lurker wont help anybody. Also don't worry too much about who is making how much money?

Your job is to learn first and then earn !

Regards
SK

Re: XARD - Simple Trend Following Trading System

#8548
renaissance7 wrote:
Thu Sep 02, 2021 9:10 pm
notice that the orange ZZ line at the last perimeter dot doesnt always go in the direction of it.

should i follow the direction that the orange zzline painted at second last perimeter dot it connected to?
Hi,

Can you please post a Chart. It would help me to understand your question better.

Or the first 15m candle color change should help you to decide?

Regards
SK

Re: XARD - Simple Trend Following Trading System

#8549
sudhindragk wrote:
Thu Sep 02, 2021 9:14 pm
Hi,

Can you please post a Chart. It would help me to understand your question better.

Or the first 15m candle color change should help you to decide?

Regards
SK
i posted a before and after picture.

as per xard rule, i assume it was positive bias since the last orange ZZ line was at the green perimeter dot.

so i often take the second dots once they appeared.

but looking at the second picture, the orange zzline repainted itself as price goes futher down.

my question is should i follow the RED perimeter dot on the orange zzline ?

should i be looking at CPR at this case since price is below it meaning it has a bearish bias?
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2.jpg

Re: XARD - Simple Trend Following Trading System

#8550
Thanks mate for the chart. It helps me.

Yes the first green perimeter dot is turn in cycle and it says buy at 2nd dot only after the candle color turns to blue.

You then have to aim for the nearest channel as target.

If it gets repainted as in picture 2 , that means the structure is broken and bullish bias is no longer valid.

If you notice the candle color was never blue anyway.

As far as pivot CPR is concerned it gives you a bias. And then that bias gets confirmed by XARD system.

CPR also gives you a probable picture whether its going to trend or range. It also acts as SNR.

Hope i answered your query.

Regards
SK
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