Re: XARD - Simple Trend Following Trading System
Posted: Tue Sep 10, 2024 6:52 pm
Yeah this seems to be working in history. Thanks for your guidance bro.maroka wrote: Tue Sep 10, 2024 6:44 pm My little advice and how I trade:
When both fast and medium MA's are below the 200 Ma, wait for price to pull back to the MAs and then sell off the small red dot.
For buys, wait for both MAs to be above the 200MA, wait for price to pull back to the MA and buy off the small green dot.
In the sample you sent, not all MAs were below the 200 MA.. Also, the Big semaphore will recalculate most of the time, so use the MAs as your guide... follow the trend.
You'll notice after your sell entry, price returned to the trend, made a pullback to form the small green dot...both MAs were above the 200 MA, it was time to enter buy.
By the way, not all the time our trade will play out well, so use good risk management. Aim for 1:2rr and above.
I hope you the remainder of the week brings you positive results.