LikeRe: XARD - Simple Trend Following Trading System

#6971
xard777 wrote:
Tue Apr 13, 2021 8:44 pm
OK, based on some of the feedback lately I would like to post this version for everyone's perusal.
It simplifies the trend following trading system. Works on ALL TFs
Feel free to comment.
Xard777
Hi Xard, Thank you so much for bringing us a continuously improving trend following system. You effort is highly appreciated. Thank you so much.

I used to load FX4 HL version without any performance issue. However, when I switching to FX5, the terminal cannot afford 2 Xard setup chart. I tried to load all indicators piece-by-piece but seems not helping much. I guess the major difference is VQ maybe? Or the painting of triangle? Do you have any hints? Also, do the triangle calculation is difference from the hollow one to the new one?

Last but not least, you said VQ somehow no needed as the information is duplicated with HL bands / colors of bgs and bars. Why we use it again?

Do you use any confirmation indicator (maybe VQ?) for entry and exit? I am still in process to catch up 698 pages, 4 years of the wisdoms and experiences.

Thank you again all long-term collaborators' and supporters' on this thread and forum. I learn many things from you guys and keep learning. You guys rocks! Especially saw all outstanding performances in trading.

XARD: I am cutting back on indicators (see chart) as a lot are duplicate info. There is no difference on calc re hollow or filled triangles.
XARD Today.png


Re: XARD - Simple Trend Following Trading System

#6973
I did not face any performance issues ...I just loaded as it is. But other than that ...there is some change ...looks more robust than before.

I think its Triangle. One thing i have observed is chart scrolls back and every time i need to bring it back.

Re: XARD - Simple Trend Following Trading System

#6974
Cladi39 wrote:
Fri Apr 16, 2021 10:18 am
Yes Xard that type of trade i name perfect setup, I wait the EMA 9 do a little bounce on 36 EMA on daily.
but In this case it was happened also a bit before..
Timing is all

Quando tutto sembrava perduto ho guardato in faccia la sconfitta e ho trovato la speranza

Re: XARD - Simple Trend Following Trading System

#6975
Just to encourage everybody who is new here and is struggling to understand the system. Do not spend your time trying to find new and better indicators, Xard already gave all (and even more) indicators that you need. Better spend your time doing demo trading, day by day and week by week. Try to figure out your own rules for entries, exits and MM. I am finishing my 6th week of demo trading now. March gave me about 40% to my account, risking only 1% per each trade. Previous week added about 10%, DD was not more than 4%. So, it is not about some magic indicators, it is about your desire to understand the thing.


Re: XARD - Simple Trend Following Trading System

#6976
AlexBello wrote:
Fri Apr 16, 2021 11:33 pm
Just to encourage everybody who is new here and is struggling to understand the system. Do not spend your time trying to find new and better indicators, Xard already gave all (and even more) indicators that you need. Better spend your time doing demo trading, day by day and week by week. Try to figure out your own rules for entries, exits and MM. I am finishing my 6th week of demo trading now. March gave me about 40% to my account, risking only 1% per each trade. Previous week added about 10%, DD was not more than 4%. So, it is not about some magic indicators, it is about your desire to understand the thing.
Well said, Alex. And well done on the trading. I've been doing the same with mixed results. Entries are simple on Xards system, it's the exits and MM that's tricky. Which time frame do you primarily use? Any tips?

Re: XARD - Simple Trend Following Trading System

#6978
AlexBello wrote:
Fri Apr 16, 2021 11:33 pm
Just to encourage everybody who is new here and is struggling to understand the system. Do not spend your time trying to find new and better indicators, Xard already gave all (and even more) indicators that you need. Better spend your time doing demo trading, day by day and week by week. Try to figure out your own rules for entries, exits and MM. I am finishing my 6th week of demo trading now. March gave me about 40% to my account, risking only 1% per each trade. Previous week added about 10%, DD was not more than 4%. So, it is not about some magic indicators, it is about your desire to understand the thing.
1% per each trade because the size is small or because the stop is tight?
Timing is all

Quando tutto sembrava perduto ho guardato in faccia la sconfitta e ho trovato la speranza

Re: XARD - Simple Trend Following Trading System

#6979
gostego wrote:
Sat Apr 17, 2021 12:14 am
1% per each trade because the size is small or because the stop is tight?
Distance between entry and SL can be really huge (SL goes under/above the dot), just I do not want to risk more than 1% of account. If SL is tight, I can open trade with 10 lots, if SL is huge I will open trade with 1 lot...measure position size to be about 1% of acc. And if price goes against you - just get out of trade, you will loose even less than 1%. I think, that EA should be created sooner or later in accordance with this system, probably some wise and experienced people already did that)

Re: XARD - Simple Trend Following Trading System

#6980
AlexBello wrote:
Sat Apr 17, 2021 12:22 am
Distance between entry and SL can be really huge (SL goes under/above the dot), just I do not want to risk more than 1% of account. If SL is tight, I can open trade with 10 lots, if SL is huge I will open trade with 1 lot...measure position size to be about 1% of acc. And if price goes against you - just get out of trade, you will loose even less than 1%. I think, that EA should be created sooner or later in accordance with this system, probably some wise and experienced people already did that)
I have the same philosophy. What do you use to calculate your 1%? Do you have an indicator or ea?


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