Re: XARD - Simple Trend Following Trading System

#9851
harveyspecter wrote:
Sat Jan 15, 2022 1:53 am
Hey, thank you for your helpful trading tips yesterday!! One of things you mentioned is that you get out of the trade once a large semafor appears. The only problem I see when doing that is that a large semafor will appear but price will keep going so what happens is that I am out of the trade but trade just continues to profit. Obviously, it looks good to TP once the larger semafor shows up in hindsight but in real time a lot of profit ends up being missed. Thank you
"Obviously, it looks good to TP once the larger semafor shows up in hindsight but in real time a lot of profit ends up being missed. Thank you"

As the XARD has said, the intention is to take the meat off the bones.
It is not meant to hunt for bottoms and tops.
such as BBQ. Meat off the bones


Re: XARD - Simple Trend Following Trading System

#9852
Have a great weekend everyone.
Xard777
US2000.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

#9856
xard777 wrote: Have a great weekend everyone.
Xard777
Have a great weekend to you and family too.
Just join & found this system ! Thanks Xard for your system. :Hot:
Thanks for everyone who contribute to improve this. AGAIN, THANK YOU ! :thumbup:

Re: XARD - Simple Trend Following Trading System

#9857
harveyspecter wrote:
Sat Jan 15, 2022 1:53 am
Hey, thank you for your helpful trading tips yesterday!! One of things you mentioned is that you get out of the trade once a large semafor appears. The only problem I see when doing that is that a large semafor will appear but price will keep going so what happens is that I am out of the trade but trade just continues to profit. Obviously, it looks good to TP once the larger semafor shows up in hindsight but in real time a lot of profit ends up being missed. Thank you
Yes I too have this problem, its a good problem to have, atleast it means you have successfully picked the right direction! ( think of the positives not negatives), Be greatful you have the direction right and bank pips. Yes that move will quiet often happen, market can continue to make higher highs and lower lows at will. DON'T be greedy! Don't try to squeeze every single pip out of a trade, I can assure you (speaking from experience) over time, market WILL squeeze more out of you than you ever will out of the market.
I recommend instead you use a 1:1, or 1:2, Risk Reward ratio, (and be happy with the win), Use the fibo number 38% or 61% as exit targets ( and be happy with the win), Use murray math turning points ( and be happy with the win), look for strong support or resistance or previous day hi-lo, weekly hi-lo, or fractal support resistance, or Xard's chanel hi-lo as your exit targets ( and be happy with the win), or close half position and use mt4's trailing stop loss using 1.5x ATR ( and be happy with the win) or use the candle color change as exit signal ( and be happy with the win) and finally can also wait for the white ZZ line to appear and use that as your sign to close ( and you guessed it ....... be Happy.......... ) so many options to exit! importantly DON'T be gready! leave some meat on the bone!
Happy trading !

Re: XARD - Simple Trend Following Trading System

#9858
aneek229 wrote:
Sat Jan 15, 2022 5:27 pm
Yes I too have this problem, its a good problem to have, atleast it means you have successfully picked the right direction! ( think of the positives not negatives), Be greatful you have the direction right and bank pips. Yes that move will quiet often happen, market can continue to make higher highs and lower lows at will. DON'T be greedy! Don't try to squeeze every single pip out of a trade, I can assure you (speaking from experience) over time, market WILL squeeze more out of you than you ever will out of the market.
I recommend instead you use a 1:1, or 1:2, Risk Reward ratio, (and be happy with the win), Use the fibo number 38% or 61% as exit targets ( and be happy with the win), Use murray math turning points ( and be happy with the win), look for strong support or resistance or previous day hi-lo, weekly hi-lo, or fractal support resistance, or Xard's chanel hi-lo as your exit targets ( and be happy with the win), or close half position and use mt4's trailing stop loss using 1.5x ATR ( and be happy with the win) or use the candle color change as exit signal ( and be happy with the win) and finally can also wait for the white ZZ line to appear and use that as your sign to close ( and you guessed it ....... be Happy.......... ) so many options to exit! importantly DON'T be gready! leave some meat on the bone!
Happy trading !
If the price moves quickly to a level you are considering taking profit you can always watch and see if it goes further. Put your stop-loss where you were thinking of getting out and the rest is a free ride.
"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

#9860
Antonov wrote:
Sat Jan 15, 2022 7:49 pm
People i need Golden nugget indicator in mq4, please post it.
Firstly - Welcome to the forum!
Secondly - please read: viewtopic.php?f=579500&t=8472780
( no request for MQ4 - if the owner/coder did not post it anywhere here, then please be happy with EX4).
Thirdly - anything you need always try the search feature at the top,
Fourth: You are welcome! There are a lot of info and indi here in the forum that will help you lots.
Happy trading!


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