Trading System by Xard777 - page 90
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from Mexico
see pic of the indi
Seems to me nothing different then the Center of Gravity indi, but a fancier name. There are a number of types around on the forex threads, ones that post price, use sounds to indicate reach of any of the levels, just do the right searches.
The COG is the easiest way to tarde, have been using it for 4 years now and would NEVER run a chart without it.
As for Ichimoku clouds, my good buddy Cobra is running an extensive strategy called THV on the FF site, those 2 combined, and you don't need ANYTHING more to become a successful trader.
Leaves the subject of proper money management and mental structure.
Folks.
I modified a channel indicator, add to the Xard strategy and found a good tool to confirm the trades.
See anexed.
ps: the creator of the strategy/topic still read here?still reading and learning...
thanks 4 u
Wealth Builder V.6
boyens,
which one of XARD777's strategy did u add this tool to?
Wealth Builder or Trade Screen?
Here is an update on Breakout indy...
Enjoy
Xard777
PS right click & save picture as link, then you can zoom in for more detailWow...nice indi...
So we buy at blue area and sell at red area?.....
Thanks
The initial idea is to use like a filter to confirm the enter signals of Xard's system.
No secret on this, it is usefull because shows where you are in the channel.
Normally, trading in a down channel means bearish, and we should take SHORTS, specially if is hitting the upper trend line of the down channel, what is is extremely bearish.
Trading in a up channel means bullish, and we should take LONGS, specially if is hitting the lower trend line of the up channel, what is is extremely bullish.
Thanks Boyens. Can you please explain how to use this indi with Xard's Wealth Builder? Much appreciated.
Excelent!
still reading and learning...
Chaos Entry
So this indicator does not repaint.
Playing fractal breakouts 30% accurate
Doing opposite at fractals 70% accurate
Granted a 20% deviation applies over 10year testing.
Up to 2007 going with 70% was profitable in EA for 100% annual.
Now doing the 30% is making the profit.
This indicator seems to anticipate 2|2.
Any explanation is greatly appreciated.
Where does this indicator actually enter on breakouts? open of following candle?
Does the indicator enter on chaos entry? value 2,3,4 are just pivots for change in arrow?
The worst I saw in visual mode was you can get 2 arrows in a row...
The indicator is coded for m15, m30, m60, m240, & 1440 correct?
Thanks in advance
Boyens,
Thanks for the reply !
Can you please upload the V6 template. I only have V102 template.
I downloaded the WBSv102 zip file and it has only v102 template in that file.
Wealth Builder V.6
Re Updates...
Here is iCog + Breakout together.....Ideal for Cable 1hr chart
Use iCog for exit strategy, can also be used for entry on candle reversing back onto the trading zone via the dash line.
On screen text can be disabled via menu...show.tp = true/false
If you have to think about it or have questions....DO NOT USE THIS STRATEGY
Enjoy!
Xard777