Re: XARD - Simple Trend Following Trading System
Posted: Thu Mar 26, 2020 6:37 am
I agree with you 100%. A set of rigorous and rigid rules, where all the trader has to do is go through a checklist of rules for entry, for stress-free trading. IF the intention of this thread is truly for helping traders become profitable, then there should not be so much fighting amongst people in the thread. Certainly, it is important to recognize that many people are overwhelmed and dismayed by the thread due to the ambiguity regarding the system. The system is truly excellent and profitable as some members have shown, but if an individual is unable to replicate such results easily on their own, then what is the point. If this system was really as "simple" as it is then why are their many members confused and losing money. a set of "principles of reinforced concrete reliability. So that if the system gives a signal, the trader enters the deal without any doubts and fears. Let these signals be rare and complex, but for that reliable. And whoever needs it, they will figure it out in a complex system. And recklessly following the principle of simplicity, you can reduce the accuracy of the entrance to a coin toss (eagle or tails)"ImpLaNT wrote: Wed Mar 25, 2020 12:43 pm Dear Sir Xard ...
The latest versions of your system (grail versions) give unreasonably many false signals to enter a position. This can be seen from the image below.
Only yesterday on the DJI there were 3 such signals. (Naturally, before each signal there was a red dot with a white arrow inside, just at the time the picture was taken from the chart, the point is in the current position)
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First of all, I attribute this to the fact that the current settings of the indicators that make up the MA indicator are very aggressive, as a result of which they become overly sensitive and give a lot of false signals.
Secondly, in new versions of the system, you abandoned the rule to enter a position only from the second point of a minor semaphore. In my opinion, this is the main mistake, because any reliable system should somehow be tied to wave analysis. The use of the second point, even if not to the fullest, but still realized this function.
Thirdly, in the pursuit of ease of use, you have abandoned many points that together made your previous setups stably profitable. Simple primitive systems are not stably profitable!
In conclusion, I want to say, that the last quality version, in my opinion, with excellent component balancing was the Christmas setup, and the heart of this system, the Mav2 indicator, is a true masterpiece. In the future, I slightly modified this setup by adding Markers and Cycle Channels indicators, as well as another indicators for additional filtering for more precision to enter in sub window. As a result, in my opinion, a fairly reliable system was obtained. Yes - complex visually, yes - with complex entry rules, but giving 90% of the correct entry into the position and allowing you to hold a profitable position for as long as possible, which is important enough to trade instruments with strong and deep movements, such as indices.
Screenshot_8.png
Based on the foregoing, I urge you to abandon the principle of simplicity, and return to the principles of reinforced concrete reliability. So that if the system gives a signal, the trader enters the deal without any doubts and fears. Let these signals be rare and complex, but for that reliable. And whoever needs it, they will figure it out in a complex system. And recklessly following the principle of simplicity, you can reduce the accuracy of the entrance to a coin toss (eagle or tails)