Re: XARD - Simple Trend Following Trading System

13491
Mrs.Watanabe wrote: Mon Apr 10, 2023 10:37 am Dear Mr.Xard

Do the black candles between the 1st and 2nd dots mean no trade period (when we should sit on our hands)? :think:

Thanks in advance.

Best regards <3
Mrs.Watanabe
the black candles, unless i'm all wrong on this, are candles of a different colour from the trend (that background), so they are filtered. Basically just trade on the direction of the background colour, or the last big semaphore
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Mrs.Watanabe
Be the casino, not the gambler


Re: XARD - Simple Trend Following Trading System

13493
Forexlearner wrote: Mon Apr 10, 2023 5:17 pm the black candles, unless i'm all wrong on this, are candles of a different colour from the trend (that background), so they are filtered. Basically just trade on the direction of the background colour, or the last big semaphore
Muito obrigada. <3
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Forexlearner
At the back of a road in common use is another road in the mountain of flowers; you may take either way but be in time still in bloom.(Rikyu SEN)
人の行く裏に道あり花の山
いずれを行くも散らぬ間に行け (利休百首外から)

Re: XARD - Simple Trend Following Trading System

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centuripe wrote: Mon Apr 10, 2023 7:16 pm Hi XArd,

hope you had a great Easter

Thanks for your new update and for all these years of updating your system.

However when I tried to open the chart with your template nothing happen I have only a blue background. Do you have a solution for this ?

Thanks for your help
Have a nice day
Be sure you have pasted the whole XU v54 folder with all the indicators in it directly into the MQL indicators folder
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Re: XARD - Simple Trend Following Trading System

13498
I have uploaded the template for the GBPUSD M15 (simulator). The white arrow appears and the candle change to SHORT direction. I switch of the lower timeframe-M1. There are already pink candles to the short direction. And suddenly after significant movements repaints all of it :) I do not know how to use a strategy like this one. I can not say this is a trading system cause without Money Managment and Trade Management everybody will have different results. . The only way you can be profitable it is the RR (Money Management) and Position Management. I am always open for new knowledge but without exact trading rules and money management i can not say about this template nothing. Does anybody have exact trading rules of this template or just a template and everybody can trade by his own rules and money management ?

XARD: DO NOT Trade 1min.
Have 30min and 5min charts on show. If trading from a Bottom square then wait for the background to be Blue and trade BUY text only on the 5min chart.
If trading from a Top square then wait for the background to be Red and trade SELL text only on the 5min chart.
If a White arrow pullback appears then STAY OUT THE MARKET AND WAIT FOR PRICE TO CONTINUE AGAIN. Only once you are confident with the strategy then you may consider trading pullbacks.
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Re: XARD - Simple Trend Following Trading System

13499
xard777 wrote: Mon Apr 10, 2023 9:40 pm Listen to your inner voice... "Book those Pip$ and go do something else"
Xard777
Image
HI ..... Xard777
Can you explain in text with pictures? This version is unlike any other I've used, thank you for the information and thank you for your suggestions.

XARD: This version is a visual representation of Price action for intra-day trading the US2000 index on 5min, 15min, and 30min timeframes. Typically, Price tends to trade within a narrow range during the Asian session, with larger moves occurring during the UK and US sessions. Our strategy involves following the Square to Square pattern in sync with the background zone and candles, and looking for pullbacks from Arrow Dot to Arrow Dot within this cycle, which are color-coordinated with the background zone and candles.

Having two screens is recommended: one displaying a 30min roadmap for the larger picture, and another for entry points on the 5min timeframe. We patiently wait for entries during the UK and US sessions, which occur frequently, and aim to take profits of 3%, 5%, 10%, or 15% before stopping and moving on to other activities. This approach is repeated daily until it becomes second nature, relying on muscle memory. It's important to avoid greed and remember that there will always be more opportunities in the future. Additionally, the ZigZag moves within the Square to Square pattern, indicated by White Arrow Dots, can also be observed on larger timeframes such as 30min or 4hr, following the same pattern.
These users thanked the author purin69 for the post (total 8):
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Re: XARD - Simple Trend Following Trading System

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xard777 wrote: Mon Apr 10, 2023 2:13 am HAPPY EASTER... a tutti 🎵
Price Action Visualised
This update will make life easier for many of us as traders.
Thank you for your tireless efforts, your time (the most important thing in life) and creativity.
Skyold

XARD: I thought the US market was closed for Easter Monday, my bad.

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We create order out of chaos - we trade that order, but sometimes that chaos is out of order, so we WAIT!!! for the order to return - and we trade again. XARD777


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