• XARD - Simple Trend Following Trading System

Posted: **Sat Nov 30, 2024 2:15 am**

xard777 wrote: Thu Nov 28, 2024 11:55 pm
So, if you were able to achieve a 26% growth rate every week for a year, your initial investment would multiply by approximately 165,678.34 times.
This illustrates the dramatic effect of compound growth over time with such an ambitious weekly growth rate.

I can at least try for half of that, hopefully my broker wont run out of leverage by the time im done, thanks for the motivation
Happy Holidays

Posted: **Sat Nov 30, 2024 2:44 am**

XXXX wrote: Sun Sep 01, 2024 2:02 pm I have changed the inputs so you can set a higher timeframe for M1 through to H1. So if you would like to change the TF of your main trading chart this indicator will work with the Higher Timeframe in the settings. As per the original version if the timeframe you have chosen is not higher than the chart it is loaded on the indicator will not load.

ie M5highperiod=PERIOD_M30; this setting is for when you are trading on the M5 chart, the Cycles indicator will be set to M30.

The Alert Spacing setting is the number of seconds between alerts so you don't get too many alerts.

XXXX MTF Cycles3.png

Would it help to add an option for "alert on close" only - for the shorter term time frame? That might better fine tune the alert spacing. Also confirming that this can be used in general on longer time frames greater than 1 hour. Thanks.

Posted: **Sat Nov 30, 2024 4:38 pm**

This is the kind of music I enjoy chilling out to in the wee hours.
Xard777

Posted: **Sat Nov 30, 2024 7:09 pm**

xard777 wrote: Sat Nov 30, 2024 4:38 pm This is the kind of music I enjoy chilling out to in the wee hours.
Xard777

I met Jarre decades ago, when was a young synth music pioneer. Together with Vangelis, Yanni, Tangerine Dreams, he shaped a new kind of music. Still magic,today.

Posted: **Sat Nov 30, 2024 10:28 pm**

Hello everyone!

I hope you're crushing your results!

It’s been several weeks since I last visited the forum, and I have a lot of reading to catch up on. During my absence, I opened a 20,000 € FTMO prop firm account to try and pass the challenge, which consists of two stages.

After 6 days, I successfully passed the first stage, reaching the 10% profit target.

My strategy? I was only trading second DOT points on the M1 timeframe.

While I'm proud of this initial success, I’ve realized that I was taking too many risks. This strategy is too basic and won’t be sustainable in the long run for various reasons.

This is where I need your help...

For now, I’m not aiming for crazy performance like 10%, 20%, or 60% profit per day.

My goal is simple: to generate 2% per day on a 160,000 € prop firm account.
This may seem like a modest percentage, but it would already allow me to achieve some financial independence.

I’m looking to simplify my approach to consistently reach that 2% daily target.

Do you have any advice on trading second DOT points effectively with my modest goal?

Thanks in advance for your feedback, and I wish you all great success!

Posted: **Sun Dec 01, 2024 10:49 pm**

Following up on my previous post, one day later...

I’ve decided to set aside the strategy based on V65m and return to V18m.

After spending several weeks analyzing charts, semaphores, and other elements on V65m, I noticed something interesting on V18m that I hadn’t paid attention to before:

The TRIANGLE on V12m

Take a look at the image above and let me know your thoughts.

Steps according to the image:

1. V12m TRIANGLE signal
2. Entry on the small dot (with candles of the appropriate color, of course).
3. Stop Loss (SL) slightly beyond the large dot associated with the V12m TRIANGLE signal, and Take Profit (TP) with a 2:1 ratio.

Details:

I only open one position on the first small dot and do not take positions on the subsequent small dots.

If this simple strategy works, I’ll optimize it later by adding entries on the following small dots, with shorter SL/TP ratios. But one step at a time!

I could also filter my entries based on my positioning relative to the Daily Open, VWAP, etc.

Your thoughts:

What do you think of this approach? Does it seem coherent? Do you have any advice or recommendations to improve it?

As always, I wish you all an excellent day!

Posted: **Mon Dec 02, 2024 4:05 am**

Vakarox wrote: Sat Nov 30, 2024 10:28 pm Hello everyone!

I hope you're crushing your results!

It’s been several weeks since I last visited the forum, and I have a lot of reading to catch up on. During my absence, I opened a 20,000 € FTMO prop firm account to try and pass the challenge, which consists of two stages.

After 6 days, I successfully passed the first stage, reaching the 10% profit target.

My strategy? I was only trading second DOT points on the M1 timeframe.

While I'm proud of this initial success, I’ve realized that I was taking too many risks. This strategy is too basic and won’t be sustainable in the long run for various reasons.

This is where I need your help...

For now, I’m not aiming for crazy performance like 10%, 20%, or 60% profit per day.

My goal is simple: to generate 2% per day on a 160,000 € prop firm account.
This may seem like a modest percentage, but it would already allow me to achieve some financial independence.

I’m looking to simplify my approach to consistently reach that 2% daily target.

Do you have any advice on trading second DOT points effectively with my modest goal?

Thanks in advance for your feedback, and I wish you all great success!

In my humble opinion, you shouldn’t limit yourself to a fixed goal of 2% per day because the essence of this system is to take whatever the market gives you. Why cap your gains at 2% if you could have days where you make 10% or even 20%? Of course, as with any system, there will be losing days. However, aiming for a strict 2% daily target might create unnecessary stress. Instead, I recommend focusing on following the rules, which you seem to understand well. Most importantly, something I’ve learned is to cut your losses quickly when the market starts moving against you.

I hope this helps you!

Posted: **Mon Dec 02, 2024 7:10 am**

Texas Best of: Youtube videos...
Xard777

Posted: **Mon Dec 02, 2024 11:18 pm**

Done for today...M30 setup

Posted: **Tue Dec 03, 2024 8:44 am**

Hello friends,

I hope you're all well, and it's been a very complex 3 months full of motivation, energy and knowledge, and to see that some of you have evolved a lot and continued to invest your time in trading with these beautiful templates provided by xard777.

For those who aren't having trouble yet, here's a suggestion I hope you like:

Sometimes we don't feel like it, we feel tired or exhausted, but when the dream rises higher, no one stops us and that's what makes us unique and never, ever stop believing in yourself and your abilities, because you can do it.

Welcome to December and I wish you all excellent pips

XARD - Simple Trend Following Trading System

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