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Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 4:14 pm
by XXXX
Hydra wrote: Fri Oct 28, 2022 3:35 pm i have a question, why are we only taking trades off the larger circle dots

thanks
Not saying that, but when you get the larger dot you are expecting a counter trend move. When the 2nd dot with the white circle appears then you go with the trend again.

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 4:40 pm
by StuartWong
FourXXXX wrote: Fri Oct 28, 2022 2:20 pm
Thank you.
Edited
I notice the Zig Zag and the dots in your chart and mine is different.
The Zig Zag in your chart is more reflective of the market movement.
Would you consider sharing the info and where I can get this indicator?

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 4:57 pm
by XXXX
StuartWong wrote: Fri Oct 28, 2022 4:40 pm Thank you.
Edited
I notice the Zig Zag and the dots in your chart and mine is different.
The Zig Zag in your chart is more reflective of the market movement.
Would you consider sharing the info and where I can get this indicator?
Yes you are right, I modified it. It is actually the V43 version but modified and renamed so it will load with the V46 templates.

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 4:59 pm
by Wole
FourXXXX wrote: Fri Oct 28, 2022 2:20 pm GBPUSDM5.png
FourXXXX: This is the simplest explanation of this strategy.
Helping me understand it.
I need more charts to understand better.
Thank you

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 5:14 pm
by XXXX
Wole wrote: Fri Oct 28, 2022 4:59 pm FourXXXX: This is the simplest explanation of this strategy.
Helping me understand it.
I need more charts to understand better.
Thank you
You just need to observe the dots and understand what they are telling you. The bigger the dot the more influence it has, larger dots show highs and lows from higher time frames. Highs = resistance, lows = support, read up on the document supplied by Xard in previous versions about market structure.

When you see a second dot it is actually either a higher low or a lower high which is indicating the trend direction, the bigger the dots the more significant it is. So a square dot is from a much higher timeframe therefore if it is followed by smaller dots you have a confirmed trend change. That is Xard in a nutshell.

Another thing to be looking at is if dots are forming at higher or lower levels. If you are in an up trend and you get a small dot lower than the previous one of the same colour then beware that the trend may be changing.

It is really up to you to learn how to read the chart for yourself. Look over charts and see what is going on then as the market trades look and think about what might happen next. Do that and you will know how to fish for yourself.

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 5:27 pm
by Wole
FourXXXX wrote: Fri Oct 28, 2022 5:14 pm You just need to observe the dots and understand what they are telling you. The bigger the dot the more influence it has, larger dots show highs and lows from higher time frames. Highs = resistance, lows = support, read up on the document supplied by Xard in previous versions about market structure.

When you see a second dot it is actually either a higher low or a lower high which is indicating the trend direction, the bigger the dots the more significant it is. So a square dot is from a much higher timeframe therefore if it is followed by smaller dots you have a confirmed trend change. That is Xard in a nutshell.

Another thing to be looking at is if dots are forming at higher or lower levels. If you are in an up trend and you get a small dot lower than the previous one of the same colour then beware that the trend may be changing.

It is really up to you to learn how to read the chart for yourself. Look over charts and see what is going on then as the market trades look and think about what might happen next. Do that you will know how to fish for yourself.
Good. Good. Good.
It is getting clearer.
Big Thanks

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 5:36 pm
by sgarr
good morning everyone and sorry for yesterday, God help us

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 5:41 pm
by StuartWong
sgarr wrote: Fri Oct 28, 2022 5:36 pm good morning everyone and sorry for yesterday, God help us
Good morning, Sgarr
May I suggest you look at the few charts posted today, especially by Mr FourXXXX. Perhaps you can learn a thing or two from the charts I posted.
Let's learn and make loads of pips together.

Cheers

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 6:32 pm
by sal
FourXXXX wrote: Fri Oct 28, 2022 4:57 pm Yes you are right, I modified it. It is actually the V43 version but modified and renamed so it will load with the V46 templates.
bro..
can you please make lighter version..
and thanks for your well explanation for the trend.. :thumbup:

Re: XARD - Simple Trend Following Trading System

Posted: Fri Oct 28, 2022 7:50 pm
by XXXX
sal wrote: Fri Oct 28, 2022 6:32 pm bro..
can you please make lighter version..
and thanks for your well explanation for the trend.. :thumbup:
You want me to put it on a diet?????