lanze1948 wrote: ↑
Sat Feb 19, 2022 1:17 pm
It's a legitimate question that I believe deserves a more direct response - you know for transparency. To clarify, you were being sarcastic with your response.....right?
If one were to spend, nay invest, their time in learning a strategy some sort of track record of said strategy over time would be useful to assure them that it's not a waste of time. For what it's worth the Forex industry is filled with a lot of fake gurus, scams, etc and it's not a bad thing to not want to be caught in one. Due diligence is good.
I'm glad I'm not the only one who came up with this. I'm willing to spend time and energy to use xard's system added to my own trading method, and willing to share my results. I went through many of the posts in this forum, and despite the fact that many members posted trade results, I haven't seen too many "constant" trade history/track records. Including negative trade results too!
Maybe it would be better to start a new topic about this with "proven" track records and maybe some analysis of why and how the trades have been taken. Maybe a demo account on Myfxbook
would be transparent enough to analyze and track the trades.
Why am I writing this? Because I do see that there is potential in these indicators, but there is so much to understand about the know-how...
I still think that only using the indicators is more or less just a gamble due to many repainting signals and noise on the 1M and 5M timeframes, so I wouldn't really call it a system. But it can be used to higher your winning chance and spot good entry points if you already have a good strategy. Most importantly it's all about risk management. Without risk management, it's not even worth trying if someone is new to trading. And I would also be curious about how others are managing risk with this one? Very very curious about that...
Anyway... I'm looking forward to continuing to test the "system".