Re: XARD - Simple Trend Following Trading System

18022
victortrend wrote: Tue Oct 15, 2024 2:25 am That's right, it's key. The two entries I have shared today are the only ones I have made today. I didn't want revenge. I didn't want to recover. Nothing happens. They are accepted and I will wait for a new optimal SETUP. I am convinced that the good entries will be more and better. So I am not worried. :D
Today, I’ve learned from you the importance of accepting losses without feeling the need to immediately recover them.
thanks bro ;)
These users thanked the author tmostafa007 for the post:
victortrend
"The goal of a successful trader is to make the best trades. Money is secondary."

Re: XARD - Simple Trend Following Trading System

18023
I often don't have time because I'm in the office from 9 to 5 and don't get home until 7 o'clock.

I am therefore a big fan of alarms that are sent to my cell phone.

I have built a setfile for ATS assistant for those who are on the M1 chart. It gives you alerts when a liquidity line is hit (in the direction of the trend from the H1 chart) or you have a retracement from the higher time frame, so perfect to look for a 2nd dot setup after you get the alert.

You don't have to have a second H1 on, you can just run the assistant on a second chart in the background if you like

Here is an example of how the two kinds of alerts work:
These users thanked the author Samoth for the post (total 10):
fnz, lyo99, tmostafa007, mavdm22, DaveTrader, waal69, Mundu19, traderokey, amernegm, FXMann

Re: XARD - Simple Trend Following Trading System

18024
Samoth wrote: Tue Oct 15, 2024 4:37 am I often don't have time because I'm in the office from 9 to 5 and don't get home until 7 o'clock.

I am therefore a big fan of alarms that are sent to my cell phone.

I have built a setfile for ATS assistant for those who are on the M1 chart. It gives you alerts when a liquidity line is hit (in the direction of the trend from the H1 chart) or you have a retracement from the higher time frame, so perfect to look for a 2nd dot setup after you get the alert.

You don't have to have a second H1 on, you can just run the assistant on a second chart in the background if you like

Here is an example of how the two kinds of alerts work:

Screenshot 2024-10-14 193039.png
Hi

I really like the simplicity of the chart. Cagliostro also mentioned the areas of liquidity. Any chance you could also post the template please? Thank you

Re: XARD - Simple Trend Following Trading System

18025
ManilaSpurs wrote: Mon Oct 14, 2024 12:22 pm
What I like about a sell entry in this set-up:
-The obvious SquareArrow>>>Blue Sema>>>Pink Sema
-Price is below Vwap, Daily Open, 4H Open, EMA's
-Your sub windows align
-4 Mini Dots
What I don't like:
-The Blue Arrow
-Price has not crossed the ADR Sell Point. I would wait for how it reacts to that area
-A new 4H open line is not far off and looks like it will be near ADR Sell Point. Again, I would wait for reaction

Looking at the information in front of us, IF I took a sell trade there, I would have a quick trigger to get out of that stressful trade.

To me the #1 rule is this, if I can't make sense of it, I don't trade it. Whether I feel like "I'm about to miss out if I don't take it", or not. If it doesn't create the picture I need, I pass.

This is a tough part of this, or any system. There is a legitimate fear of buying at the top and losing or sitting on your hands and missing out. If that price goes down, it will go down in steps. In a good trend, you will get another shot at entry. Especially if it is indeed a reversal. So, we wait.

Now, what if you had looked at the M5 chart? Between the 2 red vertical lines towards the right side is the same area as the M1 chart area of interest.
The M5 chart shows a Blue Dot 2nd Dot buy entry set-up in the works. I believe this would have settled the question for you without any hand wringing.
These users thanked the author DaveTrader for the post (total 7):
mavdm22, ManilaSpurs, Mundu19, victortrend, Ricstar_8, Curioso, Ababai


Re: XARD - Simple Trend Following Trading System

18026
Samoth wrote: Tue Oct 15, 2024 4:37 am I often don't have time because I'm in the office from 9 to 5 and don't get home until 7 o'clock.

I am therefore a big fan of alarms that are sent to my cell phone.

I have built a setfile for ATS assistant for those who are on the M1 chart. It gives you alerts when a liquidity line is hit (in the direction of the trend from the H1 chart) or you have a retracement from the higher time frame, so perfect to look for a 2nd dot setup after you get the alert.

You don't have to have a second H1 on, you can just run the assistant on a second chart in the background if you like

Here is an example of how the two kinds of alerts work:

Screenshot 2024-10-14 193039.png
Hello, Samoth.
Interesting. Please, for understanding, what means the alerts that this systems display? What column Positioning says?

Thanks.

Re: XARD - Simple Trend Following Trading System

18029
Samoth wrote: Thu Oct 10, 2024 11:28 pm I was in the same situation. My missing piece was the higher time frame and also liquidity. Try to add a second smaller chart with a higher time frame and test it for a few weeks. With the weekly/monthly open lines ray + FVG's I can for example often pinpoint the exact position of a sema that won't repaint.

Screenshot 2024-10-09 232734.png

FWmYqkqXgAEi8Kr.jpg
You can also do this with Muir Math lines where the square is drawn at the 7/8-8/8 area and sometimes at +1/8 or +2/8. This area has been often tried to be explained by Exard before and almost all of his indicators are based on it. I hope our professor will clarify this because the translation does not help me like the Wyckoff theory, but I think Muir Math is simpler.
These users thanked the author amernegm for the post:
Curioso