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DownloadRe: XARD - Simple Trend Following Trading System

15405 by Mork01
Hi Dears,
I'm studying the XARD system, I've installed some versions of it, after sevral investigations I have some questions on V010:
What indicator is the blue and red line ? is it VWAP ?
Can you please check my understanding so far of XARD system about entering a trade using attached graph as example for a trading session starting at the blue arrow ?
step 1: I check the arrow #1 and the trend is down
step 2: I got the 2nd dot at arrow #2
step 3: at the beginning of candle at arrow #3 the previous candle closed below the daily open and price is below the daily open
step 4: at the beginnging of candle at arrow #3 candle is pink so EMA crossing is guaranteed ( or should I have checked the crossing of blue-red line indicator that has happened anyway ? )
conclusion: the beginning of candle at arrow #3 seems to be a good time to enter a sell position, right ? ( even considering the doubts from step 4 )

Thanks for help,
Mork01
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Re: XARD - Simple Trend Following Trading System

15406 by DaveTrader
Entering on the small gray dots as the first signal carries more risk. These trades can work out, as it would here, but you should be ready to get out when it goes against you. It usually indicates there is still a pullback against the arrow to be fulfilled. It's better to wait for a signal off the larger blue>>pink dots. The small gray dots in the direction of the arrow are good for re entries following the arrow and 2 large dot pattern, still waiting for MA cross/color change.
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Re: XARD - Simple Trend Following Trading System

15408 by Curioso
Mork01 wrote: Sun Jun 02, 2024 10:19 pm Hi Dears,
I'm studying the XARD system, I've installed some versions of it, after sevral investigations I have some questions on V010:
What indicator is the blue and red line ? is it VWAP ?
Can you please check my understanding so far of XARD system about entering a trade using attached graph as example for a trading session starting at the blue arrow ?
step 1: I check the arrow #1 and the trend is down
step 2: I got the 2nd dot at arrow #2
step 3: at the beginning of candle at arrow #3 the previous candle closed below the daily open and price is below the daily open
step 4: at the beginnging of candle at arrow #3 candle is pink so EMA crossing is guaranteed ( or should I have checked the crossing of blue-red line indicator that has happened anyway ? )
conclusion: the beginning of candle at arrow #3 seems to be a good time to enter a sell position, right ? ( even considering the doubts from step 4 )

Thanks for help,
Mork01
Hello Mork01,

If you're looking for low earnings, this version is a good entry-level option, but if you're looking for high earnings, look for the pink ball.

The VWAP not avaliable in that version, but avaliable on version V78

And with an update to the universe available from post1295527816.html#p1295527816

Keep your chart more simple
These users thanked the author Curioso for the post (total 2):
DaveTrader, lukgoku
Every entry into the market is a reflection of your courage. Every goal you overcome, however small it may seem, is a firm step towards your dreams.

Re: XARD - Simple Trend Following Trading System

15409 by Curioso
Neroloft wrote: Sun Jun 02, 2024 11:03 pm beautiful BTC xard setup i didnt take coz of the spread :stressed:
Nice, i hope you close that one, In my case i continuing surf the wave since friday :)

NOTE: Update with Stop Levels, is better to explain my entry when the position have some days opening, most of this cases is during the weekends.
These users thanked the author Curioso for the post (total 3):
Neroloft, DaveTrader, LorenzoNexus
Every entry into the market is a reflection of your courage. Every goal you overcome, however small it may seem, is a firm step towards your dreams.

Re: XARD - Simple Trend Following Trading System

15410 by Mork01
DaveTrader wrote: Sun Jun 02, 2024 11:02 pm It's better to wait for a signal off the larger blue>>pink dots. The small gray dots in the direction of the arrow are good for re entries following the arrow and 2 large dot pattern
Curioso wrote: Sun Jun 02, 2024 11:15 pm If you're looking for low earnings, this version is a good entry-level option, but if you're looking for high earnings, look for the pink ball.
Thank you very much for your answers.
So, the right moment to enter a sell position could then have been the opening of the candle marked with white arrow ?
DaveTrader wrote: Sun Jun 02, 2024 11:02 pm still waiting for MA cross/color change.
I don't catch this, if I understood correctly, the color of the candle guarantees the EMA crossing, please, which element in the graph is required to change color and at which moment it is not yet of the "right" color ?

Thanks.
Mork01

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