Re: XARD - Simple Trend Following Trading System

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promixer wrote: Sun Oct 16, 2022 5:33 am Nice PowerPoint. I went through it and saw your daily goal is 100% of the profit. Wow, great, but how do you achieve this? I assume with compounding how many trades? Maybe you start with risking on the first 2% and then compound till 100%? Maybe wth 3 or 4 trades per day?

Thank you for the answer in advance.
XARD: See the enclosed chart and how little was actually traded on the day.
Beautifully simple and clean! Great job XARD. :clap: This how trading should be done :)

Looking forward to this release :) :problem:
“Self-realization is the ability to achieve freedom from ordinary daily demands and to know that true happiness
comes from fulfilling our own potential and from lifting those around us without the thought of self-gain.”


Re: XARD - Simple Trend Following Trading System

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BeatlemaniaSA wrote: Sun Oct 16, 2022 6:55 am Beautifully simple and clean! Great job XARD. :clap: This how trading should be done :)

Looking forward to this release :) :problem:

Likewise! I just noticed that the G Channel is no longer a part of this brand-new setup. Or maybe it is and just got taken off the charts to show better the trades he took.

Either way I can't wait to see what the brilliant Xard777 comes up with next.

Re: XARD - Simple Trend Following Trading System

11653
promixer wrote: Sun Oct 16, 2022 5:33 am Nice PowerPoint. I went through it and saw your daily goal is 100% of the profit. Wow, great, but how do you achieve this? I assume with compounding how many trades? Maybe you start with risking on the first 2% and then compound till 100%? Maybe wth 3 or 4 trades per day?

Thank you for the answer in advance.
XARD: See enclosed chart and how little was actually traded on the day.
@XARD so stop loss was above moving average to get such a good risk to reward ratio right? Otherwise risk would be too high to put stop loss above semaphore. Can you just confirm that. Thanks
XARD: Yes, a virtual stop above the MA line, if you are in a SELL and you get a Blue candle you bail, if you are in a BUY and you get a Pink candle you bail.
You are constantly scalping.

Re: XARD - Simple Trend Following Trading System

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promixer wrote: Sun Oct 16, 2022 7:05 am @XARD so stop loss was above moving average to get such a good risk to reward ratio right? Otherwise risk would be too high to put stop loss above semaphore. Can you just confirm that. Thanks

XARD: Yes, a virtual stop above the MA line, if you are in a SELL and you get a Blue candle you bail, if you are in a BUY and you get a Pink candle you bail.
You are constantly scalping.

XARD, if you see this message: On which timeframe would you exit upon seeing a candle of the opposite color? I ask because I know you look at M1, M5, M15, and M30 simultaneously to get an overall picture of the WS30 market.

Also, would you exit on the close of an opposite-colored candle, or as soon as as the candle changes color regardless of whether it closes or not?


Re: XARD - Simple Trend Following Trading System

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TransparentTrader wrote: Sun Oct 16, 2022 10:56 am XARD, if you see this message: On which timeframe would you exit upon seeing a candle of the opposite color? I ask because I know you look at M1, M5, M15, and M30 simultaneously to get an overall picture of the WS30 market.

Also, would you exit on the close of an opposite-colored candle, or as soon as as the candle changes color regardless of whether it closes or not?
As per above Xard said he is staying away from M1 and also always scalping.

Also the last chart he posted is M15 and M5 only, so M15 gives you the main trend and M5 is used for your entry and exits.

If M15 is up and M5 is up BUY, if M15 is up and M5 is down EXIT OR WAIT.

If M15 is down and M5 is down SELL, if M15 is down and M5 is up EXIT OR WAIT.
nil desperandum

Re: XARD - Simple Trend Following Trading System

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fibo786 wrote: Sun Oct 16, 2022 10:34 am Hello, I load this indicator without displaying text. How can I display it,thanks
Index is the default parameter. First, Mr. XARD once said that the smaller the loading period is, the more the second point will be, so change the period to M5 or M1 and zoom out the picture to see whether it is displayed. Second, the boll track will be loaded again in your main picture, and the stacking order of the two indicators will be reversed and reloaded
Attachments

Re: XARD - Simple Trend Following Trading System

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FourXXXX wrote: Sun Oct 16, 2022 11:04 am As per above Xard said he is staying away from M1 and also always scalping.

Also the last chart he posted is M15 and M5 only, so M15 gives you the main trend and M5 is used for your entry and exits.

If M15 is up and M5 is up BUY, if M15 is up and M5 is down EXIT OR WAIT.

If M15 is down and M5 is down SELL, if M15 is down and M5 is up EXIT OR WAIT.
Together, we can understand Mr. Xard's trading ideas. He is pursuing simplicity and perfection, and his trading ideas are always unchanged
Attachments

Re: XARD - Simple Trend Following Trading System

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FourXXXX wrote: Sun Oct 16, 2022 11:04 am As per above Xard said he is staying away from M1 and also always scalping.

Also the last chart he posted is M15 and M5 only, so M15 gives you the main trend and M5 is used for your entry and exits.

If M15 is up and M5 is up BUY, if M15 is up and M5 is down EXIT OR WAIT.

If M15 is down and M5 is down SELL, if M15 is down and M5 is up EXIT OR WAIT.
Thanks XARD777 and FourXXXX for this explanation. I have been using M5 with M30, but will switch to M5 and M15 charts.


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