Re: BeatlemaniaSA's XU-Hybrid Trading System

634
rogeryrogery wrote: Sat Jun 04, 2022 12:35 am Hello Beatlemania,

Thanks for recent update, very nice & clean chart.

I just question on managing trade - your EXIT rule, how do you monitor trade on 4HR chart ?

Thank You.
Yes, I do understand that on the 4H chart the trend can reverse and a single candle could be between 30 - 100+ pips in the opposite direction, eroding any profits that you've gained. That is why I like to have a trailing stop on my trades. Even though I trade on the 4H as well I do check on the lower TF's to see if the market is changing direction. This would allow me to get out earlier of the trade as ALL exit conditions could be met on the lower timeframes i.e 1H and/or 30min before it shows up on the 4H chart :)

Regards,
BeatlemaniaSA
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BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT


Re: BeatlemaniaSA's XU-Hybrid Trading System

636
DaveTrader wrote: Sun Jun 05, 2022 1:21 am SPX500 M5 & M15
Started with v2.3, then mix/match from v3.

LOL, might be some overkill but will try it out this week next to the Xard v33.

Thank you all for your dedication to helping others.
Now that's some hybrid... :D :D :D
These users thanked the author BeatlemaniaSA for the post (total 2):
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BEATS V5 - "Enjoy The Quiet Between Trades”

Improve Your Trading Psychology - NO FEAR, NO DOUBT


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