Re: XARD - Simple Trend Following Trading System

#8981
Update
XARD Scalp rev005
Enjoy and all the best

Xard777
XARD SCALP rev005.zip
(1.54 MiB) Downloaded 592 times
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.


Re: XARD - Simple Trend Following Trading System

#8984
xard777 wrote:
Thu Oct 07, 2021 11:28 am
Update
XARD Scalp rev005
Enjoy and all the best

Xard777
Hi Xard, May I know how to change the width of the ZigZag line? It's too big..... :Rofl: I tried to change in the Colour Tab but it will auto switch back to the previous size.
Success is a lonely road.
Success in anything worth having is tough.
trading isn't something you're going to become profitable with overnight.
It take hard work, dedication and perseverance.
---Daily Time Frame Algo Trader

Re: XARD - Simple Trend Following Trading System

#8985
braciola719 wrote:
Thu Oct 07, 2021 5:06 pm
if it can help you 1 minuts DAX
Image
Your number 1 Dot is the 2nd dot on the 15M chart too.
Kept going to 38%, the Orange Zig Zag should be arriving at the top soon.
"If you only knew the magnificence of the 3, 6 and 9, then you would have the key to the universe" Nikola Tesla


Re: XARD - Simple Trend Following Trading System

#8986
xard777 wrote:
Thu Oct 07, 2021 3:07 am
I was out with the family this morning so I missed the down move but the beauty of this system is that I was able to pick up a quick trade there in the US Session (as you do) and still retain my daily quota.
Yesterday it wasn't exactly "the beauty of the system".
It was rather the fact that the big move (as far as indices were concerned) only started after (some consolidation at) US open.
You could simply have bought at US open and slept for 12 hours and wake up and still continue to make profit now.
What I am saying is: there is a difference between "the beauty of the system" and a lucky day.
update: by now (half an hour after US open) you could have been in the same trade (for example: US500) for 24 hours and still be making money.

Re: XARD - Simple Trend Following Trading System

#8988
For Traders Who Want The Specifics:

There is a book called Trade Chart Patterns Like The Pros-SURI DUDELLA.... There are several books on patterns. But this one won't take much time to read and understand.

Read Chapter 5. You will get the specifics of SL ,TP etc.

If you are aware of this book , I request you not to waste time ! :)

Regards
SK

Re: XARD - Simple Trend Following Trading System

#8989
sudhindragk wrote:
Thu Oct 07, 2021 6:27 pm
There is a book called Trade Chart Patterns Like The Pros-SURI DUDELLA.... There are several books on patterns. But this one won't take much time to read and understand.
Too old, if you ask me (but you don't):
If I were you (who I am not) I'd get myself a copy of:
Thomas N. Bulkowski - Encyclopedia of Chart Patterns 3rd ed (2021)
(The best book about patterns - I have come across - is also not brand new but very helpful:
Fred K H Tam: The power of Japanese candlestick charts: advanced filtering techniques for trading stocks, futures and Forex [Revised edition] (2015))

Re: XARD - Simple Trend Following Trading System

#8990
josi wrote:
Thu Oct 07, 2021 6:59 pm
Too old, if you ask me (but you don't):
If I were you (who I am not) I'd get myself a copy of:
Thomas N. Bulkowski - Encyclopedia of Chart Patterns 3rd ed (2021)
Lol...one of the good trait of a trader is to anticipate.

My last line was in anticipation of your reply...but you never listen :)

On a lighter note ...:) Yes the book you mentioned is awesome but this one is short and you wont be lost reading the one i mentioned.


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