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Re: XARD - Simple Trend Following Trading System

Posted: Sun Mar 19, 2023 6:31 am
by chris006
white zig-zag seems to be of ext_depth 576 (144x4)
light green zig-zag seems to be of ext_depth 144

changes made:
line width and ext_depth are available to change values
commented out line 161:
// if(Period()>=PERIOD_H1) {ExtDepth=36/4;}

kenshin281180# wrote: Sun Mar 19, 2023 5:32 am Hello Fellow Traders,

Does anyone happen to know the setting for the white line in XARD's new chart setup?

Re: XARD - Simple Trend Following Trading System

Posted: Sun Mar 19, 2023 7:02 am
by chris006
Updates to:
  • PFO Percent
  • PFO Percent W1
Lime above zero, Red below zero

Updates to the 2 Bid Ratio indicators were previously posted here:
viewtopic.php?p=1295503480#p1295503480

chris006 wrote: Fri Jan 06, 2023 10:36 pm Sharing below my own (helper) indicators relevant to the XARD system, hope you find these useful in your own XARD system implementations:

Average Range, Bid Ratio and PFO indicators were modified from Market Price indicator (also attached). The XU-ADR W1 was modified from XU-ADR D1 indicator (also attached). There was a weekly ADR indicator in version 39, but that was only in ex4 format.

Average Range: range for the period vs period average range - The XU-ADR buy / sell line is set at 10% of this.
Bid Ratio: where we are at the current time within the period range
PFO: Price From (period) Open vs period open

Re: XARD - Simple Trend Following Trading System

Posted: Sun Mar 19, 2023 7:44 am
by kenshin281180#
Hey gang check this out... I add two instances of elliot wave oscillator mft to the chart. Top is set to 15min the bottom is set to the hour.

XARD: Yes, XU v52-Setup uses Elliot Wave Oscillator but was dropped on XU v53-Setup as part of the Xard Reduction Complexity Act of 2023. :thumbup:

Re: XARD - Simple Trend Following Trading System

Posted: Sun Mar 19, 2023 7:59 am
by kenshin281180#
kenshin281180# wrote: Sun Mar 19, 2023 7:44 am Hey gang check this out... I add two instances of elliot wave oscillator mft to the chart. Top is set to 15min the bottom is set to the hour.

XARD: Yes, XU v52-Setup uses Elliot Wave Oscillator but was dropped on XU v53-Setup as part of the Xard Reduction Complexity Act of 2023. :thumbup:
haha that name is hilarious

Re: XARD - Simple Trend Following Trading System

Posted: Sun Mar 19, 2023 9:33 am
by RYSIO
Hi, great idea with Goodtrade Indicator. I would like to ask if it is possible to change the size of the test information of this indicator in the chart?

XARD: Next update of Goodtrade will include font size and gap size
Oh! Wait, here you go... just copy over existing one and restart MT4 and change the input menu settings to suit.

Re: XARD - Simple Trend Following Trading System

Posted: Mon Mar 20, 2023 2:22 am
by sgarr
hello all can someone explain to me what it means when xard says bias? I don't want it to be a translation issue

Re: XARD - Simple Trend Following Trading System

Posted: Mon Mar 20, 2023 2:59 am
by Forexlearner
sgarr wrote: Mon Mar 20, 2023 2:22 am hello all can someone explain to me what it means when xard says bias? I don't want it to be a translation issue
the trend that you see but you can never be sure of what it is going to do. That's my interpretation anyway.

Re: XARD - Simple Trend Following Trading System

Posted: Mon Mar 20, 2023 3:42 am
by TraderX
sgarr wrote: Mon Mar 20, 2023 2:22 am hello all can someone explain to me what it means when xard says bias? I don't want it to be a translation issue
Having a directional bias means that the trader expects a market to go up or down.

If they think it will go up, they have a bullish bias. If they think it will go down, they have a bearish bias.

Re: XARD - Simple Trend Following Trading System

Posted: Mon Mar 20, 2023 10:37 am
by funchi
Not notified in V53.
- "Direction changed to BUY BUY BUY"
- "Direction changed to SELL SELL SELL"

Re: XARD - Simple Trend Following Trading System

Posted: Mon Mar 20, 2023 4:57 pm
by waal69
Is where the white line is a good entry? Thanks guys.