Trading System by Xard777 - page 352
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It works Pava. If you would just try it out. You would see that.
Alright..... Lets start from the beginning.
Here is a picture of the current setup that was posted last.
As you can see I removed a few things so not to confuse anyone.
So we can get to the core of the setup.
And so you can see what it is all about and why it is designed the way it is.
In this picture here, mainly all you see is The Daily Open, some candles, two moving averages, and a rsi.
Now your probably thinking that this setup is based around the RSI, correct?
Wrong!!! The RSI is just the tool selected in this case to show you what side of the trend to trade towards.
This setup is made so you can visually make trading decisions, and to make those decisions fast.
To be able to do that you have to be able to look at the chart and make a confident decision on trade direction.
The RSI is in a way just a visual aid and a tooL for trade direction.
It could have been a MACD, It could have been a TDI, but in this case the RSI has been working out nicely.
So what else could this setup be based around if not the RSI?
What else do you see.
That's right the Daily Open!
Now Why trade off the Daily Open?
For what reason?
To obtain pips off the Average Daily Range.
You see Currencies and Gold both move a average of amount of pips a day.
Some will move a average of 100 pips up or down from the time the Day starts till it ends.
And others will move much more than 100 pips.
Like Gold.
Gold will move on average much, much more in pips from when the day starts on average then any other currency pair.
Which is the reason we at Team Xard prefer to trade Gold.
Don't get me wrong. Im not saying to trade Gold and only Gold, because just like any other pair.
Gold can be flat or choppy, but from the moment the Day Starts it has much potential to move in either or direction and give us the desired amount of pips to meet our targets.
You should look for other currencies that have a high average daily range to trade too.
This is the Genius behind the way Xard thinks. Why he so far ahead the game in my opinion.
In fact let me just post what he told me when he first suggested using the Daily Open Line to trade off of.
Here is an update for you...
All the best
Xard777
@ganelva
Please give a feedback!
if your MT4-freeze-Problem is gone away?
@ganelva
Please give a feedback!
if your MT4-freeze-Problem is gone away?
old version not solving the freeze problem......but i am using in new version XARD-20160701... ..please try it bro ...
thanks...
Latest update...
http://imgur.com/a/CzcYv
Enjoy!
Xard777
Latest update...
http://imgur.com/a/CzcYv
Enjoy!
Xard777
hello,XARD777,Thank you share your system.
i find RSIMA.ex4 can't modify indicator line color . can't save color
can you help me send me RSIMA.mq4 ?
thank you
hello,XARD777,Thank you share your system.
i find RSIMA.ex4 can't modify indicator line color . can't save color
can you help me send me RSIMA.mq4 ?
thank you
You can make modifications now...
Enjoy!
Xard777
Latest update...
Http://imgur.com/a/CzcYv
Enjoy!
Xard777
Hi,
Thanks for sharing system.
I'm read first post but i don't any information about this system's tf?
Briefly, what is this system's TF?
Hi,
Thanks Xard for the exellent work you are doing.
I was wondering if it would be possible to put an allarm when the gold or the blue synch botton lights up.
THANKS
Update:
Latest version... Idea is to trade off the high/low line in the opposite direction of the orange filter line.
Xard777
hello Xard777, i'm trading based on your indi orange filter line. could you share me the mq4 of this orange line in this picture. thank you.
http://i.imgur.com/xpkuuvM.png