Re: XARD - Simple Trend Following Trading System

#9251
A quiet trading day today.
Xard777
XARD Today.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.


Re: XARD - Simple Trend Following Trading System

#9254
FourXXXX wrote:
Tue Oct 19, 2021 11:46 am
With some input from Xard I have now got the indicator working as I expect. Still, if you find something not right please let me know.

There are now 3 sets of Fibs, first is your basic retracement of the last ZZ line, second is the extension on the current move away from the last ZZ line, third is showing extensions of the current ZZ Line. I had to add this as the extensions changed before on the new ZZ.

ExtDepth is correct out of the box on either M5 or M15 chart plus added the ability to turn off the lines if you don't want them.

The Green levels show where the current White ZZ line may end and possible take profit levels as shown in the video.
I've been enjoying this indi.. Thank you very much. I want to ask if it's possible to add alerts when price cross each fib line?

Re: XARD - Simple Trend Following Trading System

#9255
maroka wrote:
Thu Oct 28, 2021 8:10 pm
I've been enjoying this indi.. Thank you very much. I want to ask if it's possible to add alerts when price cross each fib line?
Thank you for the feedback, there is an updated version coming very soon, no difference to how it works just tidying up a few errors in the code and made it look better.

As for Alerts I think it would drive you mad as many levels will get crossed over and over with price action. You can manually create alerts at levels you are watching quite easily. This video shows you how to do that.
"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

#9257
msbh wrote:
Thu Oct 28, 2021 9:43 pm
According to the Xard system, where do you we go from here? Down?
I am not in the business of predicting the future...
And if you are or want to become serious about trading, you shouldn't be either...
You need an entry and an exit, no forecast...
update:
Was there a signal? Yes. 2nd blue dot
Was there an entry? Yes. After close above MA.
Was there an exit? Depends what you have defined as one (for example: red dot: yes. Close below MA: no)
WS30H1.png


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