Re: XARD - Simple Trend Following Trading System

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Mundu19 wrote: Tue Feb 22, 2022 10:09 pm My setup is running fine too on linux and with DASH. But I only have two charts running on two monitors.
I have one main question regarding XARD setup v20:
What does this XARD Compound Entry in colours red and blue exactly mean ? E.g. if there is a red XARD Compound Entry line like we have it now in M5 of US500 and this red line is below the actual prices and now the prices go below this line - which strategy is recommended here ? I am not completely clear here. Is it more a stoploss or a stopentry method ?

Btw.: Does somebody know what size of monitor screen XARD is using, because his screenshots are so widely spread on the left and right and it covers such a big time period ?

Re: XARD - Simple Trend Following Trading System

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xard777 wrote: Wed Feb 23, 2022 1:55 am Today was soooo slow, like pulling teeth:-( Still....
Xard777
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Hey Xard! Do you think you can post what your entries and exits look like in real time? It's sort of hard to know what trades you were taking in hindsight. Thanks and all the best

XARD: BUY the Blue Candle after the 2nd Dot, SELL the Gold Candle after the 2nd Dot and repeat every trading Day.
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Re: XARD - Simple Trend Following Trading System

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xard777 wrote: Wed Feb 23, 2022 1:55 am Today was soooo slow, like pulling teeth:-( Still....
Xard777
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With all respect, I highly doubt that it's possible.
I'm doing much backtesting (with Soft4FX) on us30, gbpusd, and some other pairs and although there are some consecutive winning streaks, 20 IMO is not possible.
Still, I think your system is great for helping to spot higher probability entries, so congratulations :thumbup:
XARD: You would probably have to go for +150% per/Day so that you had room to cover on quiet days.
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Re: XARD - Simple Trend Following Trading System

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There is a method which one of my mentors used in his trading... Each month he would begin his trading with 1000$.... He would identify a trend each trading day and start trading with risking 50$(5%) per trade. As soon as his first trade was breakeven, he would place another trade with the same risk (5%). He would keep placing them as long as the trend continued trailing the stop losses from his previous trades to where he would place the stop loss for his most recent trade...... There were days when he wouldn't have a single trade, and then there were other days when he would be placing 10-15 trades a day and it would become those days when he would be making returns well above 200-300%....... I think it would depend on the account size one is trading...... Very practical with small account size but not advisable to trade this way when the account size equals or is greater than 5K.
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Re: XARD - Simple Trend Following Trading System

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You would also have to select the best times in which to complete the task.
3rd week in January till the end of April, and 3rd week in August till xmas time.
Not all trading days would be the same, some days you might only do 30%, others 150 or 200% and you have to allow for any losing days.
Possibly have a cut-off day altogether say if you went -15% so no more trading that day.
I like to go easy with my first couple trades in order to build up house money then use that to gleam the rest.
Also, I prefer trading US2000 as I find it to be the Goldilocks instrument among all the other indices.
Waiting!!! is the number one priority each trading Day.
Sit on the sidelines and wait!!! for opportunities to arise.
The compound entry line is such an opportunity that pays out in cherries every single day.
Wait for intra-day cycle turns to play out and trade in the direction of the trend.
Watch for pullbacks to the compound entry line, again it pays out big time as well.
Also look at the road ahead, see (1min & 15min) - (5min & 30min) - (30min & 4hrs)
OK, markets do not go accordingly to your set trading plan but if you plan ahead you can see parts of the road where you can navigate safely and jump right in.
Plus all the little trades quickly add up during the course of the day.
Above all, enjoy yourself else it is not worth doing.

Xard777
XARD: If Carlsberg made charts... Probably the best charts in the world

Re: XARD - Simple Trend Following Trading System

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I seem to recall at some point Xard talking about an ultra high definition TV (65 inch 4K?) viewed on portrait mode instead of landscape, that could fit 3 terminals.
But maybe he can confirm his current setup.

BernieL wrote: Wed Feb 23, 2022 1:32 am Btw.: Does somebody know what size of monitor screen XARD is using, because his screenshots are so widely spread on the left and right and it covers such a big time period ?
XARD: Currently using an LG 55" 4K TV (which I did use as portrait and ended up going back to landscape mode). These TVs cost nothing nowadays and they are great for watching 4k movies on netflix, amazon and kodi. I usually watch a movie or tv show when waiting for a trade to appear (in fact I am up to date with all the movies and tv shows:-)

Re: XARD - Simple Trend Following Trading System

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Here is an ideal trade on the 2nd Dot heading beyond the Compound Entry line.
I did not take this as I am finished for today (no need to be greedy).
Hopefully, you get the idea. It is not rocket science , but very much repeatable (on a daily basis).
IN FACT PRICE RAN UP TO THE 61.86% LEVEL - WHO KNEW.
ALL INSIDE TEN MINUTES

Xard777
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XARD: If Carlsberg made charts... Probably the best charts in the world


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