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Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 12:54 am
by xard777
To be honest I think FX4 is pitch perfect, but that is just my biased opinion :-)
That is me finished early today, hit my 20%, no need to be greedy.
Have a happy lockdown
Beer, Beer, Beer, and Movie time Woohoo!
Xard777
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 1:09 am
by ImpLaNT
xard777 wrote: Fri Jan 29, 2021 4:15 pm
Here is my first attempt at sorting out the bias...
Xard777
I didn't quite understand ... More precisely, I didn't understand at all how
fx3 differs from
fx4 ...
In my opinion they are the same ... but either they look the same on the charts ... But thanks anyway for your continuous work ...
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 1:16 am
by gostego
xard777 wrote: Sat Jan 30, 2021 12:54 am
To be honest I think FX4 is pitch perfect, but that is just my biased opinion :-)
That is me finished early today, hit my 20%, no need to be greedy.
Have a happy lockdown
Beer, Beer, Beer, and Movie time Woohoo!
Xard777
But how can I resist to open a short from 3820 to 3750 only because the background is blue?
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 1:47 am
by josi
xard777 wrote: Sat Jan 30, 2021 12:54 am
To be honest I think FX4 is pitch perfect, but that is just my biased opinion :-)
Xard777
Compare the two: FX2 vs FX4
which background was more helpful today?
Forgive the colouring!
XARD: I think FX4 is doing a better job at keeping us out of a volatile US session
Update after Xard's message: I think you are right - considering the somewhat unpredictable moves we see these days (take gold today). In the long run it is better (because more systematic) to follow the rules - even if that means that you cannot take some (theoretically, i. e. in hindsight) good trades (if they are countertrend).
Besides, you only need one or two good trades per day, really.
Besides, if you are risk-prone you may take them anyway.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 2:26 am
by normannasty
josi wrote: Fri Jan 29, 2021 11:54 pm
You seem angry and want to complain to someone. OK, I get that. It doesn't alter the fact: Simplifications never work (in the long run).
As I said: Look at the trade that was suggested (GBPJPY) - if you wanted to trade it you could with ONE valid interpretation:
You simply had to look at the higher TF (candles there closed above both MAs - so
directional bias was up)
If this is too much to ask of a trader then it can't be helped.
As I said: The second dot in an uptrend is a different one from the one in a downtrend. So you can choose the correct one AFTER you know what your directional bias is.
As I said: sometimes a situation is unclear. That simply means you don't take any trades until the situation is clear.
Either you take this information in or you don't.
Do you know any other area of life where you can make (a lot of) money without any knowledge whatsoever? Well, if you don't that simply tells you that trading is part of this life - no pain, no gain.
I wish you the best.
I'm not angry I'm happy. As I said I'm using the system with success (thanks for the author), but sometimes there are situations when there is a confusion and noone knows the what need to do in those situations. Everybody understands what need to do when there is a nice trend. Wish the best to you too.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 2:31 am
by Sarj
xard777 wrote: Sat Jan 30, 2021 12:54 am
To be honest I think FX4 is pitch perfect, but that is just my biased opinion :-)
That is me finished early today, hit my 20%, no need to be greedy.
Have a happy lockdown
Beer, Beer, Beer, and Movie time Woohoo!
Xard777
Hello Xard777 Can you please provide the latest update.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 4:14 am
by RomanUkraine
josi wrote: Sat Jan 30, 2021 1:47 am
Compare the two: FX2 vs FX4
which background was more helpful today?
Forgive the colouring!
XARD: I think FX4 is doing a better job at keeping us out of a volatile US session
viewtopic.php?p=1295427619#p1295427619
For those who trade Forex currency. It should come in handy. Made by mrTools.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 4:33 am
by RomanUkraine
sunnyman wrote: Sat Jan 30, 2021 4:26 am
Hi, are you referring to Currency Index - Separate Window (alerts).mq4 ??
So. With a choice of currency pairs.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 5:38 am
by Cladi39
M5 trade on US500, if you check M15, M30 and H1 trend is totaly down too.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jan 30, 2021 6:11 am
by maroka
Cladi39 wrote: Sat Jan 30, 2021 5:38 am
M5 trade on US500, if you check M15, M30 and H1 trend is totaly down too.
Hi. Sorry to bother you, if its not too much to ask, can you please share this indi with ur setfile?