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Wow... I did not know I've been a member of this community for over several years now. Yet I had never posted anything. Not that I don't want too, I just forgot that I am a member. Thanks.
My name is Jesse-I trade and I love making strategies and scripts on chatgpt. I am looking for a programmer who works with C and python to work with, so If you're interested just let me know. Happy trading!
Hello everyone, this site looks like a treasure trove of information. I am a long time mt4 user, trading mostly indices, metals and crypto through forex brokers. The turmoil revolving around mt4 use in the US and all the other roadblocks put in front of forex traders over here are urging me to explore futures trading.
I was lucky to stumble upon Forex-Station towards the end of that awkward stage of trading when you know just enough to be a danger to your account. Over there it wasn’t long before I learned to appreciate Xard’s thread. Soon enough, I found my edge. Ideally when I leave this post, I will explore and find a great thread where other former Xard mt4 users have gathered and forged their way into futures on NinjaTrader. Probably not, but a guy can hope, right?
Considering I most likely won’t get lucky in those regards, I would like to share the basics of Xard’s Trend Following System, accompanied by pics of his upcoming version. I have always found the trading community to be welcoming and generous in helping their neighbors on this journey. It is not my intention to barge in here and over-write my first post. At the same time though, there is always the chance the basics of Xard’s system are already in use, together or spread here and there. In turn, there is always the chance someone finds useful information and will collaborate their ideas with what is seen. My apologies anyway for being long winded.
Xard’s system uses zigzag semafors (squares, circles, arrows) to plot the zigzag level of 4 different zz periods…
10 period=smallest dots (semafors)
50 period=reb/blue dots
250=arrows
1250=square
It is known and no kind of secret that the semafors repaint. But it is the pattern they form that is part of the system.
His latest versions have an EMA Ribbon indicator, different code and settings used compared to an EMA crossover with ribbon filling gaps between ma lines. I guess the simple way to think of it is, a 2 or 3 period ma crossover v more of a guppy approach…that’s the “at first blush” take on it.
ADR is also used and displayed in % on the right side of chart. The Sell/Pivot and Buy/Pivot is the respective 15% level of the ADR.
The Daily Open Line is also used…I have also added a H4 open Line to my chart.
The Anchored-VWAP indicator is also used. Xard’s latest will have the VWAP anchored to the 250 level zz semafor…looks very interesting.
It is not my job or intention of “selling” Xard’s system. There is nothing to sell anyway, it’s all available for free. But it has been around for several years now and the traders that adhere to their rules and use patience find great results. Although there have been many versions over the years, the core concepts applied to trading remain the same. It is all refinement.
Xard’s charts work for scalping and swing trading. There are no limits to the time frames or pairs traded. I myself trade the M1 chart. Mainly due to my work schedule and limited screen time. Many traders love it on the M5, M15, 1H…
Anyway, if I have overstepped any bounds here, please forgive me and simply delete this post. No offense will be taken.
Yeah, I was afraid of that, me and my brand new account can’t post pics. I would imagine posting links will not go through either. That is all 100% accepted without protest and to be expected. Perhaps a respected member will stumble upon this, find it intriguing enough to grab a pic or 2 of Xard’s latest chart. It truly is my hope that any information I share helps someone out there put a piece of their puzzle together.
Hey, just in case there are some Forex-Station folks out there, I am DaveTrader over there…name was already taken on here.
Hello, my name is Johnny. I trade options on SPY, primarily. I'm glad to have found this community, I look forward to learning from the community and hope to contribute something of use to someone here.