Re: XARD - Simple Trend Following Trading System

#7841
entered after the first red candle below PP
exited at S38 - much too early as it turned out
so: bad exit strategy
(doesn't have anything - whatsoever - to do with greed;
a) if you lose a trade you want to exit as quickly as you can (when it is clear the trade is invalid)
b) if you win you want to exit as late as possible (just before or when price turns around)
But what do I know?)
update:
man, did I miss out today
WS30H1.png
WS30M5.png


Re: XARD - Simple Trend Following Trading System

#7842
josi wrote:
Thu Jul 08, 2021 5:05 pm
entered after the first red candle below PP
exited at S38 - much too early as it turned out
so: bad exit strategy
(doesn't have anything - whatsoever - to do with greed;
a) if you lose a trade you want to exit as quickly as you can (when it is clear the trade is invalid)
b) if you win you want to exit as late as possible (just before or when price turns around)
But what do I know?)
Can you please upload your .tpl I like how clean it is

Would really help thanks buddy

Re: XARD - Simple Trend Following Trading System

#7843
phillip123 wrote:
Thu Jul 08, 2021 6:41 pm
Can you please upload your .tpl I like how clean it is
Believe me, it wouldn't do you any good whatsoever. What works (mostly) for me, won't work for you (I know what minimum I need and why I need it).
default screen + candles configured the way you want them + Xard's XU v6 + Xard's semafore v6 + Banzai's button indies (choose the ones you like among hundreds) - bingo


Re: XARD - Simple Trend Following Trading System

#7847
josi wrote:
Thu Jul 08, 2021 6:48 pm
Believe me, it wouldn't do you any good whatsoever. What works (mostly) for me, won't work for you (I know what minimum I need and why I need it).
default screen + candles configured the way you want them + Xard's XU v6 + Xard's semafore v6 + Banzai's button indies (choose the ones you like among hundreds) - bingo
Hi Josi,
I pay it forward so that people like you can have the opportunity to pay it back. This is your chance to give back to the community that has given you so much, who cares if the setup won't work for him. It is the thought that counts and the chance for you to give a little, doesn't that count for something. Step up, go from zero to hero with a simple giving post.
You can do it!
Xard777
XARD: Use the Orange ZZ line as your Intra-Day BIAS - Use the White Dot as your IntraDay HIGH/LOW - Use the White ZZ line for IntraDay EXIT - After a new Orange ZZ line appears, WAIT! for price to cross the Trend line to confirm a change in the Trend Cycle.

Re: XARD - Simple Trend Following Trading System

#7848
xard777 wrote:
Thu Jul 08, 2021 9:23 pm
Hi Josi,
I pay it forward so that people like you can have the opportunity to pay it back. This is your chance to give back to the community that has given you so much, who cares if the setup won't work for him. It is the thought that counts and the chance for you to give a little, doesn't that count for something. Step up, go from zero to hero with a simple giving post.
You can do it!
Xard777
Yes, master, of course, master, your obedient servant Uriah Heep will do whatever pleases you most.
Except - just maybe - that I have done this already:
viewtopic.php?p=1295429192#p1295429192
In it everything is the same - except the v6-versions of your setup (Besides, if he only uses the additional enumeration I have given him - he'll be there within two minutes).
P.S.: as one of the more dedicated lifetime fans of Samuel Beckett I naturally prefer to go from hero to zero.
"Ever tried.
Ever failed.
No matter.
Try again.
Fail again.
Fail better."

Re: XARD - Simple Trend Following Trading System

#7849
josi wrote:
Thu Jul 08, 2021 9:30 pm
Yes, master, of course, master, your obedient servant Uriah Heep will do whatever pleases you most.
Except - just maybe - that I have done this already:
viewtopic.php?p=1295429192#p1295429192
In it everything is the same - except the v6-versions of your setup (Besides, if he only uses the additional enumeration I have given him - he'll be there within two minutes).
P.S.: as one of the more dedicated lifetime fans of Samuel Beckett I naturally prefer to go from hero to zero.
"Ever tried.
Ever failed.
No matter.
Try again.
Fail again.
Fail better."
XARD: It is no big deal, a couple of indicators and a template file. Two minutes of your time. Don't do it for me, if you want you could email the guy direct.
XARD: Use the Orange ZZ line as your Intra-Day BIAS - Use the White Dot as your IntraDay HIGH/LOW - Use the White ZZ line for IntraDay EXIT - After a new Orange ZZ line appears, WAIT! for price to cross the Trend line to confirm a change in the Trend Cycle.

Re: XARD - Simple Trend Following Trading System

#7850
xard777 wrote:
Thu Jul 08, 2021 9:23 pm
Use the Orange ZigZag line on the 15m chart as your intra day bias. WAIT! for the candle colour change on your first trade and take additional trades off the 2nd dots (that's dots 2,4,6...) that appear off the 15m bias ZZ line.
Xard's signature can now be referred to for tips on using the system. Nice :thumbup:
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