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Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 12:16 am
by 1337br
TraderX wrote: Fri Mar 10, 2023 10:13 pm It's not the system version or timeframe that's the problem. Never is.

Here's 2 rules I would use for every update of this system:

No 'analysis' on your entry timeframe. This timeframe is just to see your entry trigger. For this system it's stuff like candle colours and crosses. That's it.

Analysis for trend / levels / directional bias / market structure / whatever, should be on an appropriate higher timeframe.

With those 2 things you can trade any timeframe combination that makes sense, e.g. M5 for your lower timeframe + H4 for your higher timeframe; M30 + Daily; and so on.

Essentially the 'mindset' is that you're actually trading that higher timeframe, it's just that you go into a lower timeframe to finesse the entry.

Apart from your seeing entry trigger, there really is no need for extra analysis on the lower timeframe you use.
I understood then, in this case, the total analysis is done in the larger time frame

giving less importance to the input time frame

I'm still getting confused with the signs, the points but I'll continue reading the previous topics to try to create specific and direct entry rules

thanks !!!!!!!!!!!!!

Re: XARD (Beginners approach)

Posted: Sat Mar 11, 2023 4:34 am
by TraderX
1337br wrote: Sat Mar 11, 2023 12:16 am I understood then, in this case, the total analysis is done in the larger time frame

giving less importance to the input time frame

I'm still getting confused with the signs, the points but I'll continue reading the previous topics to try to create specific and direct entry rules

thanks !!!!!!!!!!!!!

I don't use this system, so I can only speak about how I see price using my own price action ideas. Maybe it will help, or open some minds on how to pick better semafor levels. Or at least, this is how beginners should approach trading this system so they can ignore more 'false signals'.

• You look at your higher timeframe for directional bias / trade ideas. This is where the 'work' is done. You pick one, and imagine you are only trading that chart.

• The lower timeframe is where you execute that trade idea (waiting for the entry triggers discussed in this thread.)

For example, H4 in GBP/CHF this week was moving downwards. XARDs system also says down trend in H4. (In blue, I mark out possible retracement levels, called an "FVG".) Notice that the semafor stopped repainting around this level.


When price hits this level, look for your entry trigger in M5 or M15. You decide the timeframe based on your own back testing and studies.

Wait patiently. Ignore every other signal. Those are inducements to trick you in. No extra analysis, you already got the directional bias + level of interest from your higher timeframe.


If you think like this, you won't have to update the system ever again. You can even use the first system published many years ago.

You will skip years feeling depressed waiting for the next update or going through the thousands of posts on this forum looking at another indicator for "more confirmation." Within a month or two, you will be ahead of those who spent years trying to work this out.

Good luck.

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 6:33 am
by xard777
If you can't have a great trading day, chill and have a great weekend...
Xard777

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 6:38 am
by TransparentTrader
xard777 wrote: Sat Mar 11, 2023 6:33 am If you can't have a great trading day, chill and have a great weekend...
Xard777
Image

Interesting setup. Is the repainting Elliot Oscillator now replacing the Xtreme Spike indicator you've used in so many of the previous versions of your trading system?
XARD: Yes, the repainting Xtreme Spike indy has officially been replaced by the repainting Elliot Oscillator indy. When repainting it is best to keep it simple.

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 7:19 am
by xard777
In my element :-)))
Xard777

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 7:47 am
by saishala
Finished Super Busy week. And zero minutes with software open no MT4, no MT5, no NT8.

And I can't stop to think about the new XARD v52.

Why does he have to tell or show :cry:

Why I have to ask about :cry:

It's not fair, this is psychological trading torture.

I want to have this XARD.

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 9:12 am
by xard777
I haven’t released v52 yet because I’ve been testing all time frames from 1 minute to 1 hour. I found that the 15-minute time frame is the most optimal, using 36, 144, and 576 results in a stable roadmap. I’ve simplified the system, reduced setup complexity, and increased the sustainable daily target. Traders managing 5-10% should be able to get 15-20%, others greater than 35% from trading one or two pairs on the 15min TF. The Higher cycles (576 & 144) are used as BIAS and traded off using the lower 36 cycles, all from the 15min TF. The 144 may be a 9 and the 576 a 36 on a higher TF, but it still shows up on the 15min TF and we can trade off our cycle BIAS. As a fractal, it is self-similar and self-correcting when the market goes haywire and out of sync. No more chaos, just order in a drop down system fashion from higher TF to lower TF and displayed on one 15min workspace in a Simple Trend following Trading System. Because I use 36 & when multiplied by 4 = 144 & you multiply that by 4 to give you 576, and 15mins multiply by 4 = 1hr & 1hr multiply by 4 = 4hr, it allows for synchronicity throughout the TFs to show areas of important support/resistance and the 15min TF is a great base to work from (also, with the 15min TF you can start to pick off the Highs and the Lows within the intraday) plus the fact that we are trading intraday, i.e. no carry trades, we get in and out in the same day usually during the London/US sessions when our markets (US2000 & Gold) are moving the most. This also allows for the compounding of daily profits from previous days trading which gives us our exponential growth every trading month. Now we trade the busy months of the year, Feb, Mar, Apr, Sep, Oct, & Nov. That's six months at exponential growth doing the same thing day in day out using nothing but muscle memory on the same Chart on the same TF. A bit boring after a while but the money is good as you can go do other things in the quiet months when you are not trading. Anyway, I will post v52 in full on Easter.
Xard777

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 9:21 am
by saishala
xard777 wrote: Sat Mar 11, 2023 9:12 am
Ok

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 6:14 pm
by Jedidiah
xard777 wrote: Fri Mar 10, 2023 11:13 pm Loving it...
Xard777
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:In Love:

Re: XARD - Simple Trend Following Trading System

Posted: Sat Mar 11, 2023 6:20 pm
by Jedidiah
xard777 wrote: Thu Mar 09, 2023 7:45 am Taking a passage out of Captain America...
"I can do this all day long".
XARD777
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:sweat: