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Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 12:45 am
by LJC
Paddygir wrote: Mon Oct 25, 2021 11:53 pm Hello everyone,
can someone tell me what this square shaped indicator is called and where
I can find it?

Thanks in advance.
Image

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 1:39 am
by Paddygir
LJC wrote: Tue Oct 26, 2021 12:45 am
Thank you very much, it's nice

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 5:50 pm
by jng640
is anyone know how to display the Triangles in M15? Currently it is display in M5 only. :think:

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 6:59 pm
by Mrs.Watanabe
jng640 wrote: Tue Oct 26, 2021 5:50 pm is anyone know how to display the Triangles in M15? Currently it is display in M5 only. :think:
Hi!
First, delete triangl from your chart, and then reapply it, and it will appear.
Good luck!

Mrs.W

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 7:13 pm
by jng640
Mrs.Watanabe wrote: Tue Oct 26, 2021 6:59 pm Hi!
First, delete triangl from your chart, and then reapply it, and it will appear.
Good luck!

Mrs.W
Image
Thanks a lot!

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 7:26 pm
by Pauliz
I think I have misunderstood something fundamental about the "orange line" intraday bias.

Case in point WS30: for the last week or so, the orange line's intraday bias would have kept me out of several rather good trades had I stuck to it.

See also this morning's upward surge....

It is of course understood that not all indicators 'work' all of the time etc etc, but this one seems to consistently sterilize many good trades.

Any insights appreciated.

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 7:36 pm
by josi
Pauliz wrote: Tue Oct 26, 2021 7:26 pm I think I have misunderstood something fundamental about the "orange line" intraday bias.
Has been said in the thread thousands of times: 2nd dot
The orange line follows - so to speak - the 1st dot
As long as there is no signal that the 1st dot has become invalid it just moves on and on and on
As long as price on your reference TF hasn't closed below the fast MA all says: continuation (after all the orange line is moving upwards, if you look at WS30).
Once it has closed below that MA - you can start looking for price weakness and sellers taking over eventually.
At the moment this hasn't happened: so it was buy-time.
(So if some tell you to trade away from the orange line they use language with a lot of imprecision, enough - in fact - to make you fail in trading if you follow their words to the letter)

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 7:39 pm
by Pauliz
josi wrote: Tue Oct 26, 2021 7:36 pm Has been said in the thread thousands of times: 2nd dot
The orange line follows - so to speak - the 1st dot
As long as there is no signal that the 1st dot has become invalid it just moves on and on and on
As long as price on your reference TF hasn't closed below the fast MA all says: continuation (after all the orange line is moving upwards, if you look at WS30).
If it has closed below that MA - you can start looking for price weakness and sellers taking over eventually.
At the moment this hasn't happened: so it was buy-time.
Thanks - hasn't quite been said like that as far as I can see after reading just about everything. Good insight and all understood, though what I mean is the "rule" to "only trade away from the orange line" would have kept me out of many trades had I followed it. Which I don't.

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 7:49 pm
by sudhindragk
I understood your question. Treat the sq.perimeter as important SD Zone.

If it gets taken out it becomes turncoat.

1 : Old Perimeter Sq. : Important Supply Area.

It gets taken out.

2: New Supply Area.

Probably this helps.

Re: XARD - Simple Trend Following Trading System

Posted: Tue Oct 26, 2021 8:03 pm
by josi
sudhindragk wrote: Tue Oct 26, 2021 7:49 pm 1 : Old Perimeter Sq. : Important Supply Area.
It gets taken out.
2: New Supply Area.
Sometimes this works - at others, though, it doesn't. All in all it is much better to think and interpret than to follow signals blindly. Always draw your own conclusions.