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Re: XARD - Simple Trend Following Trading System
Posted: Sun May 16, 2021 6:03 pm
by mcmstar
p1ps_surfer wrote: Sun May 16, 2021 8:05 am
try gatler or elliot for the keyword
I checked elliot, gartley and even harmonics and tried all of them but unfortunately couldn't find a similar one thanks for advice though
Re: XARD - Simple Trend Following Trading System
Posted: Mon May 17, 2021 3:04 am
by Cladi39
Blin wrote: Sun May 16, 2021 3:33 am
Does anyone know if this indicator repaints?
And what is it? look like RSIOMA.
Re: XARD - Simple Trend Following Trading System
Posted: Mon May 17, 2021 6:33 pm
by sudhindragk
US30 Trade this morning : M15 /M5 time frame play Live trade
Step 1 : M15 had a perimeter red circle and M5 had top gold square. Road map clear. Look for sells only.
Step 2 : Go to 5 mins time frame. Wait for red dot.
Step 3 : On 5 min time frame there is a cross over. So sell the close. If during this process price goes back above and prints grey or green candle.Close for small loss.
Step 4 : As dear Xard mentions don't be greedy ....took profit for around 50 points.
Re: XARD - Simple Trend Following Trading System
Posted: Mon May 17, 2021 6:56 pm
by sudhindragk
FTSE100 /UK100 : M15/M5
Step 1 :M15 had a perimeter red circle and M5 had top gold square. Road map clear. Look for sells only. I have not put M15 snapshot.But its clear.
Step 2 : Go to 5 mins time frame. Wait for red dot.
Step 3 : On 5 min time frame there is a cross over. So sell the close.
Step 4 : Bad luck ...price went back above and printed green candle.Close for small loss.
Step 5 : Another red dot and close below cross red candle printed. Sell again.
Step 6 : Lucky this time ?? Dont be greedy recoup loss and plus some more.
Re: XARD - Simple Trend Following Trading System
Posted: Mon May 17, 2021 7:23 pm
by sudhindragk
Two tips from my experience. Pretty well known but will still mention :
1) Don't trade an hour before London open and US open. Wait for the session to open.
2) If all the three moving avgs are close to each other and are flattish take a small bite of the trade. You can add more once you get more confidence.
This is mainly for indices.
Re: XARD - Simple Trend Following Trading System
Posted: Mon May 17, 2021 7:43 pm
by gamerredd
sudhindragk wrote: Mon May 17, 2021 7:23 pm
Two tips from my experience. Pretty well known but will still mention :
1) Don't trade an hour before London open and US open. Wait for the session to open.
2) If all the three moving avgs are close to each other and are flattish take a small bite of the trade. You can add more once you get more confidence.
This is mainly for indices.
Thank you for the useful tips and screenshots.
Re: XARD - Simple Trend Following Trading System
Posted: Mon May 17, 2021 8:13 pm
by sudhindragk
Ger30/ DAX / DE30 : All criteria met wont repeat the steps. Took a small sell as we had flattish 3 ema and double bottom below on 5min time frame.
Close of candle below the double bottom ( no.2 in snapshot ) took a big bite and closed for circa 20 points profit.
Re: XARD - Simple Trend Following Trading System
Posted: Mon May 17, 2021 9:15 pm
by josi
Whatever else you do - don't be greedy (so only 1 or 2 points - not pips - per trade; never more):
Re: XARD - Simple Trend Following Trading System
Posted: Tue May 18, 2021 8:55 am
by stumblefrwd
sudhindragk wrote: Mon May 17, 2021 6:56 pm
FTSE100 /UK100 : M15/M5
Step 1 :M15 had a perimeter red circle and M5 had top gold square. Road map clear. Look for sells only. I have not put M15 snapshot.But its clear.
Step 2 : Go to 5 mins time frame. Wait for red dot.
Step 3 : On 5 min time frame there is a cross over. So sell the close.
Step 4 : Bad luck ...price went back above and printed green candle.Close for small loss.
Step 5 : Another red dot and close below cross red candle printed. Sell again.
Step 6 : Lucky this time ?? Dont be greedy recoup loss and plus some more.
Clearest explanation I have seen yet of the system, thanks! (And of course, for Xard for creating the system!)
Re: XARD - Simple Trend Following Trading System
Posted: Tue May 18, 2021 9:32 am
by p1ps_surfer
sudhindragk wrote: Mon May 17, 2021 8:13 pm
Ger30/ DAX / DE30 : All criteria met wont repeat the steps. Took a small sell as we had flattish 3 ema and double bottom below on 5min time frame.
Close of candle below the double bottom ( no.2 in snapshot ) took a big bite and closed for circa 20 points profit.
hai @sudhindragk beautiful execution, what are those colored triangle? how it's being formulated?
happy pips