builderall wrote:
I can see that we have 3 different types of dots. As far as I understand, the square dot is the big trend(2), the round dot is the medium(1) trend and the small dot is the small trend(3)
Do I understand correctly?
If I'm not wrong, the big blue/green or pink/red with yellow square is to indicate the high/low of the 4H TF, the big blue/green or pink/red without the yellow square is to indicate the high/low of the 1H TF, the red or green dots are to indicate the high/low of the 15min or lower TF.
tradersanbrokers wrote:
Thanks gamerredd for the chart really helps a lot, just that cant really get to know the 2nd dot can you
show a few 2nd dot chart entries please as that would help.
Is the 2nd dot always after the big square semafor or is the second dot after the big round and square semafor ?
If you can make 2, 2nd dots on the chart that would be very good please.
Ans so we wait for the pink and blue triangle or nto required always ? also the exit is it always at the next small dot ?
or we can wait and see what proce is doing really.
Also these crosses which happen are they only to be entered after big semafors or also we can enter on the small semofors an crosses of prce or NO ?
This would help a lot of us guys here thanks again gamerredd an all of you who are so very helpful.
Friends, please don't overcomplicate or overthink this system. Xard's simple trend following system is just as it's said, simple trend following. And what's the most simple trend indicator and trend following strategy? The MA and MA cross strategy. That is what this is, a simple MA cross strategy. What you need to do is use the MA cross as your
main or first signal, if the price is above the 144 MA and the faster MA cross the slower MA up, then you go long, and vice versa, if the price is below the 144 MA and the faster MA crosses the slower MA down, then go short. Xard is making this even easier as he codes the candle to just turn green or red when the condition above met.
Now, for the semaphores, NEVER used it as any signal or whatsoever. How to use the semaphores is to simply use it just as a roadmap (like what Xard's always said since his FF days). You can do top-down analysis from higher TF to the lower TF. Or, just use the 15min TF and entry at 5min TF just to make it easier just like what Xard has posted. Trade from the 4H TF to another 4H TF swing high and swing low, between that, you have the 1H TF swing high and swing low.
Now, combine that with the MA cross signal. For example, you first look where the price is according to the MAs, if the price is above the 144 MA and the fast MA crosses the slow MA up, then what you need to do is see
where you are now in the roadmap. If the pink/red with yellow square 4h TF semaphore has formed, in the big roadmap then you are looking to go for the blue/green with yellow square 4h TF (which means up, also the same thing for the 1H TF semaphores). Then, we go into more detail, if the green 15min TF semaphore has formed after the 4H TF pink/red with yellow square (or the 1H TF pink/red dot), this means you're not safe yet to enter a long position. If the red 15min TF semaphore has formed after the green 15min TF semaphore, now your
main MA cross signal is in a
higher chance position for a safe long entry.
Pro tips: always think the last higher TF semaphore formed is not there, let's say, you are in a bullish trend, now, you are already in an open position, or you actually thinking of to open position. The big 1H TF or the 4H TF semaphore suddenly formed or already formed, then you think, "price must be already too high, it's going to reverse", ignore the thinking and ignore the semaphore as if the semaphore hasn't formed yet. Use the previous higher TF semaphore to see where you are in the roadmap.
I see that you said that you always close the position too early because the indicator change suddenly, my advice is for you to just use a simple risk to reward ratio of 1 to 2 or 1 to 3. Open the position
AFTER the candle closed and has the corresponding color, set your TP and SL, close your MT4 and chart, and just forget, go do another thing, and back after a few hours. Always use
a demo account first. What you really need to remember is there are no 100% holy grail indicators or systems. You will and can not have a good trade setup every day, and thus don't force yourself to trade every day. I also advise you to learn about money management, how to see price charts and market structure, and basic price action. Babypips is a good place to learn. Seriously learn these things first before delving into a system or indicators, as this is a mistake that many new traders did. The whole concept of price action, price charts, and all those candlesticks and chart patterns may turn you away, but it seriously is not that hard. The
KEY to succeeding in trading is not in the system or the indicator, it is in the
MONEY MANAGEMENT.
And lastly, a simple question to those still trying to understand the system, what makes a trend? Either uptrend or downtrend. The answer will make you not overthink or overcomplicate this system. Thank you.