Re: XARD - Simple Trend Following Trading System

#8062
Need a little Help..... Say I want to Sell on the 1M chart on Monday...... I am looking at 1M, 5M and 15M...... Should I be looking for the 2nd Dot only on 1M chart or on all the 3 timeframes? Just to put things in perspective I am planning to use this setup for an evaluation account with a prop firm. So the game is kind of very serious for me. I have fears of following what is in my mind instead of purely following the system so trying to be crystal clear on when to take entries and exits exactly as dictated by the system.... I will keep updating on my progress as well as on how these Dots and structures evolve.... Unfortunately, I had to remove a lot of good stuff from the screen to make it run smooth and to remain visible on my small 17" laptop screen.....{No I can't afford a 65" 75" right now unless I make it through the prop evaluation, so don't come after me}.
6.png

Re: XARD - Simple Trend Following Trading System

#8063
Mustafa wrote:
Sun Jul 25, 2021 12:22 pm
Need a little Help..... Say I want to Sell on the 1M chart on Monday...... I am looking at 1M, 5M and 15M...... Should I be looking for the 2nd Dot only on 1M chart or on all the 3 timeframes? Just to put things in perspective I am planning to use this setup for an evaluation account with a prop firm. So the game is kind of very serious for me. I have fears of following what is in my mind instead of purely following the system so trying to be crystal clear on when to take entries and exits exactly as dictated by the system.... I will keep updating on my progress as well as on how these Dots and structures evolve.... Unfortunately, I had to remove a lot of good stuff from the screen to make it run smooth and to remain visible on my small 17" laptop screen.....{No I can't afford a 65" 75" right now unless I make it through the prop evaluation, so don't come after me}.
Mustafa,

Most of the time you will get 2nd dot from M15 or M5 but you have to be very patient. on the 1M tf by fallowing higher time frame say M15 OR 1HR once the trend line crosses the signal line there are plenty of 2nd dots but you have to also change your take profit and phycological stop losses.

simply put there are more turning point as you go lower time frame but you should be doing selling or buying depending the higher time frame say M15, M30 OR 1HR.
thats me anyway.
Annotation 2021-07-25 112225.jpg

Re: XARD - Simple Trend Following Trading System

#8064
fadhayemustafa wrote:
Sun Jul 25, 2021 6:24 pm
Mustafa,

Most of the time you will get 2nd dot from M15 or M5 but you have to be very patient. on the 1M tf by fallowing higher time frame say M15 OR 1HR once the trend line crosses the signal line there are plenty of 2nd dots but you have to also change your take profit and phycological stop losses.

simply put there are more turning point as you go lower time frame but you should be doing selling or buying depending the higher time frame say M15, M30 OR 1HR.
thats me anyway.
If you have to go to a lower TF then I would suggest 5m TF, less lag than 1m. Overall, I think that the 15m is the Goldilocks TF for intra-day trading.
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

#8065
Thanks FadhayeMustafa and XARD for your feedback.... getting oneself committed to something is scary because of the fear of the unknown.......... I needed reassurance to feel what I am doing is the right thing to do... I would be much more focused on 15M now on......5M and 1M would help me refine my entries but I will depend for direction on 15M alone.... thanks again


Re: XARD - Simple Trend Following Trading System

#8066
The first picture is my roadmap (4HOUR or DAILY chart) to get a big overview. You can see the candlestick formations very well here.



Screenshot (223).png


I took the screenshots before I started writing the post. And when I took another look at the chart, the TP was already triggered.

Screenshot (224).png


Daily target of 25% ADR = 95 points achieved

Screenshot (225).png
Be patient and wait for your chance

Re: XARD - Simple Trend Following Trading System

#8069
Is it possible to get a notification via Alert or Push message if the colour of a candle changes inside XARD indicator (XU v7-XARDFX HL) ?
That would be really helpful and highly appreciated. What a great "universe" of systems which XARD is presenting to all of us !


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