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Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 2:50 am
by cinare
xard777 wrote: Sun Jul 05, 2020 2:47 am Update

Nice and clean, works in all TFs
Enjoy!
Xard777
Can't wait! Thank you so much again. I can't believe you are doing all this. :In Love:
XARD: It's called giving back and paying it forward all at the same time:-)

Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 2:52 am
by Cladi39
Xard this indicator is based on cross of 2 HMA right? is there an alternative for this indicator or something equal? beacouse it is is not free right now.
XARD: Not that I know of, that is why I switched to Banzai's Stochastic idea.

Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 3:15 am
by fadhayemustafa
Cladi39 wrote: Sun Jul 05, 2020 2:52 am Xard this indicator is based on cross of 2 HMA right? is there an alternative for this indicator or something equal? beacouse it is is not free right now.
XARD: Not that I know of, that is why I switched to Banzai's Stochastic idea.
Cladi39 you should check this

viewtopic.php?p=1295413625#p1295413625

Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 4:14 am
by Banzai
Cladi39 wrote: Sun Jul 05, 2020 2:52 am Xard this indicator is based on cross of 2 HMA right? is there an alternative for this indicator or something equal? beacouse it is is not free right now.
XARD: Not that I know of, that is why I switched to Banzai's Stochastic idea.
Mr. Tools just made one like and it's much better
viewtopic.php?p=1295413616#p1295413616

Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 7:46 am
by Cladi39
Banzai wrote: Sun Jul 05, 2020 4:14 am

Mr. Tools just made one like and it's much better
viewtopic.php?p=1295413616#p1295413616
Thanks Banzai but not same result in arrows try all conbinations. Attached the setting, i see an extra item there.

Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 2:24 pm
by jcorp01
RplusT wrote: Sat Jul 04, 2020 3:21 pm
Don't want to do that? Then this isn't the business for you. .....Absolutely incorrect. It makes no sense to me glaring at the charts for 24/7. Impossible to keep focussed too.
This is the very reason Xard suggests to use the 30 m TF. But even if you'd use the 1m , just simply switching to look at the 5m or 15 m once in a while would be sufficent till you see this....Now, that does not require to glare at the computer. Not to talk about the need to compensate for the losses you occur from the erratic price action of the 1m.
But then, of course I respect that everyone is entitled to trade as he wants.


Xards Goldbands.JPG


I respect your opinion... everyone is different. Having been consistently profitable every week I've found the 1 min chart to fit my way of trading... and are you saying that a new person SHOULDN'T put in chart time?

If someone came to me and said they wanted to create a BUSINESS from trading, and not long-term or swing trading but more day-trading/scalping, then I would absolutely say you need to watch the charts for hours, especially in the beginning. After you put in the time, and know the movements of your chosen pair/instrument, then do what you want. But to say it's absolutely incorrect is giving false hope to people... I'd rather err on the safe side and tell people the truth about the importance of CHART TIME... it'll weed out the lazy folks quickly.

Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 3:09 pm
by RplusT
jcorp01 wrote: Sun Jul 05, 2020 2:24 pm
I respect your opinion... everyone is different. Having been consistently profitable every week I've found the 1 min chart to fit my way of trading... and are you saying that a new person SHOULDN'T put in chart time?


If someone came to me and said they wanted to create a BUSINESS from trading, and not long-term or swing trading but more day-trading/scalping, then I would absolutely say you need to watch the charts for hours, especially in the beginning. After you put in the time, and know the movements of your chosen pair/instrument, then do what you want. But to say it's absolutely incorrect is giving false hope to people... I'd rather err on the save side and tell people the truth about the importance of CHART TIME... it'll weed out the lazy folks quickly.
"..and are you saying that a new person SHOULDN'T put in chart time..." Nope! But the same statement for you and me is not the same. It's not glaring at the charts 24/7. I don't know the movements of my instruments either. Nobody does. I wish I would. CHART TIME....I mean education! Trading naked (no, I keep my clothes on..lol), purely on S/D levels drawn from weekly and daily charts. This is the business requirement one must refer to if one considers trading a business. Like very other business it is driven by Supply and Demand, period! And that's what I suggest everyone, and beginners in particular. Plus having sufficient funds. More Indicators are just for decoration.
I have the luxury to spend as much time at the computer as I want. But I can't remember that being more than 3-4 hours. Usually it's a lot less with just passing by to have a look "where we are now". And yes, I only day trade because I will never keep an Index open over night.
I also would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. I respect people doing things differently.

Re: XARD - Simple Trend Following Trading System

Posted: Sun Jul 05, 2020 4:00 pm
by DTRCT
RplusT wrote: Sun Jul 05, 2020 3:09 pm

"..and are you saying that a new person SHOULDN'T put in chart time..." Nope! But the same statement for you and me is not the same. It's not glaring at the charts 24/7. I don't know the movements of my instruments either. Nobody does. I wish I would. CHART TIME....I mean education! Trading naked (no, I keep my clothes on..lol), purely on S/D levels drawn from weekly and daily charts. This is the business requirement one must refer to if one considers trading a business. Like very other business it is driven by Supply and Demand, period! And that's what I suggest everyone, and beginners in particular. Plus having sufficient funds. More Indicators are just for decoration.
I have the luxury to spend as much time at the computer as I want. But I can't remember that being more than 3-4 hours. Usually it's a lot less with just passing by to have a look "where we are now". And yes, I only day trade because I will never keep an Index open over night.
I also would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. I respect people doing things differently.
------

Liked this

............................would like to address that trading tons of pairs makes no sense to me. It's actually a horrifying thought. I'd rather trade a high probability trade with 10 standard lots on one intrument instead of 10 instruments with 1 Standard lot. . Again, please, that's just my three Cents. ........... .


Re: XARD - Simple Trend Following Trading System

Posted: Mon Jul 06, 2020 2:08 am
by Senior Rob
Hi Xard, thank you for your ongoing development. Please kindly post open source mq4 code for your METER. Thank you.

Re: XARD - Simple Trend Following Trading System

Posted: Mon Jul 06, 2020 2:30 am
by Sappyjay
[quote=DTRCT post_id=1295414121 time=1593928839 user_id=4931323]


If those ten lots equal to a 2% loss if it hits your stop, then yeah why not :D