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Re: XARD - Simple Trend Following Trading System

Posted: Tue Dec 31, 2019 2:49 pm
by RplusT
xard777 wrote: Tue Dec 31, 2019 2:28 am What is complex about a +200 Pip UP move this morning on HK50 and a +200 Pip DOWN move this afternoon on WS30 ???
It is all colour coded for you to see.
Xard777
If I understand correctly, he points out the problem of the majority of traders. How many lines and arrows one puts on the charts and how many system one uses, they all look great on the left side of the current candle.....”I would take this short here and this long there...”Yeah sure! We are all great hindsight traders...... :D But how to handle the blank space on the right is where the wheat separates from the chaff....in traders terms. It's not nice lines and colours that make a trader successful. One also needs education and experience applying that. Serious traders do not wait for indicators making their trading decisions.
I compliment you that have put a great tool together. You use it successfully because you know more than that. Will it make everyone else successful.....no.
Have a Prosperous New Year, Xard..........and all of you of course.

Re: XARD - Simple Trend Following Trading System

Posted: Tue Dec 31, 2019 2:54 pm
by Jimmy
farispitbrakes wrote: Tue Dec 31, 2019 5:46 am
Hi guys i just made a video trading the xard setup. I hope it helps. Attached is the back test EA for you guys to try it out, MT4 Trading Simulator.ex4
Way to go Faris! Thank you for making this video, it's great :thumbup:

Re: XARD - Simple Trend Following Trading System

Posted: Tue Dec 31, 2019 7:19 pm
by farispitbrakes
Jimmy wrote: Tue Dec 31, 2019 2:54 pm

Way to go Faris! Thank you for making this video, it's great :thumbup:
Most welcome the video is more about the EA for you guys to train 🎯

Re: XARD - Simple Trend Following Trading System

Posted: Tue Dec 31, 2019 9:01 pm
by Blueman
fireflyk wrote: Tue Dec 31, 2019 12:37 pm

Did you also take those buys and sells (circled in black) based on the colour code?

xard setup.png
What is the white line near the candles that you have? thanks

Re: XARD - Simple Trend Following Trading System

Posted: Tue Dec 31, 2019 10:29 pm
by fireflyk
Blueman wrote: Tue Dec 31, 2019 9:01 pm What is the white line near the candles that you have? thanks
It's Xard's chart, I just added some mark on it for my question.

Re: XARD - Simple Trend Following Trading System

Posted: Wed Jan 01, 2020 12:56 am
by DRAXILL
farispitbrakes wrote: Tue Dec 31, 2019 5:46 am
Hi guys i just made a video trading the xard setup. I hope it helps. Attached is the back test EA for you guys to try it out, MT4 Trading Simulator.ex4
Nice Trades off the Pivot Lines.

Especially when you machine-gunned it going down. I thought to myself, "what's he doing"? But obviously you know what you're doing.
Very nice trading style. You obviously use your own stuff to take those trades.

Very Nice

Draxill

Re: XARD - Simple Trend Following Trading System

Posted: Wed Jan 01, 2020 2:45 am
by xard777
Trading is not rocket science and you do not need hindsight to make Pip$.
Just a little common sense...
Here is a screenshot showing six 1hr charts covering most of the main movers.

Just take a look at the ADR figures in the Info Panel.
With currencies GBPNZD & GBPAUD tend to move the most, just now their ADR's are showing +144 & +143, when the markets move their ADR's tend to be +200.


Re Indices, HK50, Dow & Dax tend to move big too, their ADR's are currently +271, +189 & +120, when the markets move their ADR's tend be +100 more than what is shown.
Gold is sitting around +91 ADR and when the market moves it can easily go +200.

So if you monitor these six charts you should be able to make anywhere between 100 to 300 Pip$ per day.
Stay away from black candles and try and trade with the Trend (blue candles UP trend and pink candles for DOWN Trend).

Watch the main anchor semafor on the 1hr (Red top & Green bot) along with the minor white dot semafors.
Look for zigzag moves, pullbacks then impluse moves which should coincide with our trend colour scheme.
This is where the most Pip$ are made.

Traders watch for breakout moves, well a lot of these breakouts happen when price crosses the main Trend line, and these crosses tend to be after a pullback move followed by the cross impulse move that just keeps going and going in the new trend direction.

If you watch for these pullback/impulse moves at the Main Trend then you will see hindsight in the making.
All the best
Xard777

Re: XARD - Simple Trend Following Trading System

Posted: Wed Jan 01, 2020 4:35 am
by lsreis
I'll take this chance to say thank you for all this that you have given this community. This comment is full of knowledge and will help a lot beginner traders like me.

Happy new year and a lot of pips for you!
xard777 wrote: Wed Jan 01, 2020 2:45 am Trading is not rocket science and you do not need hindsight to make Pip$.
Just a little common sense...
Here is a screenshot showing six 1hr charts covering most of the main movers.
Just take a look at the ADR figures in the Info Panel.
With currencies GBPNZD & GBPAUD tend to move the most, just now their ADR's are showing +144 & +143, when the markets move their ADR's tend to be +200.
Re Indices, HK50, Dow & Dax tend to move big too, their ADR's are currently +271, +189 & +120, when the markets move their ADR's tend be +100 more than what is shown.
Gold is sitting around +91 ADR and when the market moves it can easily go +200.

So if you monitor these six charts you should be able to make anywhere between 100 to 300 Pip$ per day.
Stay away from black candles and try and trade with the Trend (blue candles UP trend and pink candles for DOWN Trend).

Watch the main anchor semafor on the 1hr (Red top & Green bot) along with the minor white dot semafors.
Look for zigzag moves, pullbacks then impluse moves which should coincide with our trend colour scheme.
This is where the most Pip$ are made.

Traders watch for breakout moves, well a lot of these breakouts happen when price crosses the main Trend line, and these crosses tend to be after a pullback move followed by the cross impulse move that just keeps going and going in the new trend direction.

If you watch for these pullback/impulse moves at the Main Trend then you will see hindsight in the making.
All the best
Xard777

Re: XARD - Simple Trend Following Trading System

Posted: Wed Jan 01, 2020 3:21 pm
by RplusT
farispitbrakes wrote: Tue Dec 31, 2019 5:46 am

Hi guys i just made a video trading the xard setup. I hope it helps. Attached is the back test EA for you guys to try it out, MT4 Trading Simulator.ex4
Hi, would you mind to post your trade manager, pls?

Re: XARD - Simple Trend Following Trading System

Posted: Thu Jan 02, 2020 5:17 am
by farispitbrakes
RplusT wrote: Wed Jan 01, 2020 3:21 pm

Hi, would you mind to post your trade manager, pls?