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Re: XARD - Simple Trend Following Trading System
Posted: Mon Jul 22, 2024 5:11 pm
by Lenovo
BTCUSD: I would like to give advice for those who have difficulty understanding some logic, always observe long times before acting, in this case the 30 minutes in the photo, the large downward imbalance when exceeding the blue dot is nothing more than a second point, (despite has formed a new zig zag) it is not the beginning of a new point 1, we could already try to buy there, for the more prudent like us, moving on to 5 minutes, we are looking for a new second point.
Another view of mine, if I observe the 2-period daily open on 30 minutes, on 5 minutes I set it to 36,
All this just in my opinion good trading everyone
Again I could be wrong but it's just my view.
Re: XARD - Simple Trend Following Trading System
Posted: Mon Jul 22, 2024 5:38 pm
by Lenovo
tmostafa007 wrote: Sun Jul 21, 2024 7:47 am
HI Curioso
This trade was a loss. Can you explain why? I thought I followed all the structures, but maybe I missed something
either way in my opinion your trade was not wrong , in that situation if you just look at the 5 minutes you don't have to request too many pips, you could have been stopped in stop at any time, so no scalping mistake
I go down to the beach, my day is done
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 4:01 am
by DAVID99
tmostafa007 wrote: Sat Jun 29, 2024 9:19 pm
Dear All,
I have a very good enhancement that might need a little adjustment from your side, but I believe it will be useful for all of us and ready for use with the attached set. The key for this enhancement is using the EA
Forex Trade Manager with the set I have attached. I have personally used it on
XAU, US30 so far, and I've tested it.
The primary function of this expert adviser is to save the open trades. This means I only open a trade based on indicators when it seems like a good time, then leave the EA to manage it. It also handles risk management, so there's no need to calculate it manually.
The benefits of this EA are as follows:
1. Manual trade based on your strategy i am using
XARD and Cagliostro strategy .
2. Managing the risk.
3. Partially closing the trade lot size.
4. Trailing the stop loss.
please note that : some time i close the trade manually if i see a risk
My strategy for this EA is as follows: once the XAU, US30 trade reaches 20 pips, the EA closes 50% of the lot size and moves the stop loss to the entry point. I don't mind if it hits the stop loss after that. However, I sometimes experience losses as the trade hits the stop loss and then continues in the same direction. This entry point issue may need further enhancement. Despite this, I have achieved good results using this EA and strategy in the demo account. (Attached)
I hope this EA helps you, and I am looking forward to your feedback and any new ideas to enhance this strategy. The set is configured for XAU, US30 only, so please be cautious when using it with other pairs. I recommend testing it on a demo account first to understand everything before using it on a real account.
Bro, this doesn't seem to work for you. The square under the hat is grey.
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 4:16 am
by Curioso
Hello friends,
The return and excellent week for everyone
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 4:34 am
by Curioso
tmostafa007 wrote: Sun Jul 21, 2024 7:47 am
HI Curioso
This trade was a loss. Can you explain why? I thought I followed all the structures, but maybe I missed something
Hello tmostafa007,
They've already replied in the meantime, but when this is the case, use a StopLoss on your previous dot, so you can protect your entry against false entries and even blow up your account. Thank you friends for reply for me
Remember, if you see that it's too much stress, and I even suggest you start on a higher timeframe, for example M15, you have my videos, use them as a reference, also use the strategy tester which helps you understand better, write down all your rules on a notepad, don't avoid any and remember, if you missed that one it's okay, but take a little while or tomorrow there will be more for you lined up in the direction you want.
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 6:24 am
by tmostafa007
DAVID99 wrote: Tue Jul 23, 2024 4:01 am
Bro, this doesn't seem to work for you. The square under the hat is grey.
yes correct you need to add this into library
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 2:35 pm
by DAVID99
tmostafa007 wrote: Tue Jul 23, 2024 6:24 am
yes correct you need to add this into library
Thank you, brother!
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 2:53 pm
by DAVID99
Curioso wrote: Tue Jul 23, 2024 4:16 am
Hello friends,
The return and excellent week for everyone
What is your setting for the second point? Thanks
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 3:16 pm
by DAVID99
DAVID99 wrote: Tue Jul 23, 2024 2:35 pm
Thank you, brother!
I tried this. Doesn't work either.
Re: XARD - Simple Trend Following Trading System
Posted: Tue Jul 23, 2024 4:14 pm
by Curioso
DAVID99 wrote: Tue Jul 23, 2024 2:53 pm
What is your setting for the second point? Thanks
Hello DAVID99,
XU-v65m-Setup