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Re: XARD - Simple Trend Following Trading System
Posted: Fri Jul 23, 2021 12:38 pm
by XXXX
RplusT wrote: Thu Jul 22, 2021 12:28 pm
Yeah, Josi, it's not bad.....but not good either. I always wonder why we would stick to indicators to make trading decisions. Don't get me wrong, I play a lot with them out of curiosity to see what's the actual result.
But then, I always get back to a few trendlines and some patience. Doesn't get better than that. It's relaxing and pins your mind to price action.
I hope Xard won't mind. I just want to show the underlying basics of PA trading. Maybe some will get the idea.
US30 TF 15m
Trendlines_1.JPG
This video is very similar to what you are showing in the image, the explanation is simple and easy to follow.
https://www.youtube.com/watch?v=kTRYx93Npmw
Re: XARD - Simple Trend Following Trading System
Posted: Fri Jul 23, 2021 4:32 pm
by thekamilxd
Dondbaze wrote: Fri Jul 23, 2021 4:16 am
Just wondering, how many of us still remember this 'sweetness'...
The golden nuggets? Red dot below the open for sells, green dot above the open for buys, when they appear my confidence skyrockets
Re: XARD - Simple Trend Following Trading System
Posted: Fri Jul 23, 2021 5:49 pm
by RplusT
I had a quick look at the link your provided. Thanks!
He's talking about price structure and that can't be different. In my view the clearest and simplest way to follow price action and above all DIRECTION.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jul 24, 2021 9:26 pm
by cvdm7756
Good Day Skyold,
Please could you let me know where you obtained your ADX Indicator which was shown on your last post.
I would really like to get a copy, it makes the signals plainer and easier to read.
I would really appreciate your help wuth this,
Regards
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jul 24, 2021 10:08 pm
by Skyold
cvdm7756 wrote: Sat Jul 24, 2021 9:26 pm
Good Day Skyold,
Please could you let me know where you obtained your ADX Indicator which was shown on your last post.
I would really like to get a copy, it makes the signals plainer and easier to read.
I would really appreciate your help wuth this,
Regards
No problem.
Here you have.
viewtopic.php?p=1295414928#p1295414928
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jul 24, 2021 10:25 pm
by cvdm7756
Thank you Sir for your prompt response. I appreciate your kindness, Have a great weekend.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jul 24, 2021 11:34 pm
by LorenzoNexus
Skyold wrote: Thu Jul 22, 2021 11:38 pm
Daily target of 25% ADR achieved = 112 points
Screenshot (215).png
UPDATE: Short explanation
- ZZ Line (orange) Bias short
- candles pink
- TMA (lime-crimson) red
- SMA (white line) short
- crossing of GB and TMA
Subwindow:
- WPR is pink
- ADX is red
========== SELL
TP at pivot point
Hey skyold,
may I ask you which WPR is that in your subwindow? I'm a little interested to try implement it into my template!
Thanks for your time sir.
Re: XARD - Simple Trend Following Trading System
Posted: Sat Jul 24, 2021 11:46 pm
by Skyold
LorenzoNexus wrote: Sat Jul 24, 2021 11:34 pm
Hey skyold,
may I ask you which WPR is that in your subwindow? I'm a little interested to try implement it into my template!
Thanks for your time sir.
It is COLOR STOCHASTIC
Set the slowing to 1 or 2 or what you want. The original wpr is too hectic and have not some other functions, what i want to have.
viewtopic.php?p=1295433106#p1295433106
viewtopic.php?p=1295433263#p1295433263
Re: XARD - Simple Trend Following Trading System
Posted: Sun Jul 25, 2021 1:24 am
by LorenzoNexus
May I ask you which settings do you use on this indy? default or others?
Re: XARD - Simple Trend Following Trading System
Posted: Sun Jul 25, 2021 2:23 am
by Skyold
LorenzoNexus wrote: Sun Jul 25, 2021 1:24 am
May I ask you which settings do you use on this indy? default or others?
I can only tell you the following:
Depending on which trading style you have and what you are trading, the settings change.
Since I generally don't use MTF, I play with the settings until it suits me.
You can definitely try the ratio K to D: 3:1 or 4:1 to start with.
Skyold