
XARDFX Forex Trading System
The key to the system’s effectiveness is its non-repainting feature. In the world of Forex trading, a non-repainting indicator remains fixed once the price bar closes. This is incredibly valuable because it provides a stable and accurate historical representation of market activity. In the XARDFX Forex Trading System, all indicators—except for the two white bands, blue-pink bars attached to them, and white dots—do not repaint. This includes the STR1 (Pink-Blue line) and STR2 (Pink-Yellow line), providing traders with a consistent frame of reference when analyzing past market data.
What sets the XARDFX Forex Trading System apart is its user-friendly interface. It comes with a currency and timeframe changer that allows traders to switch between different currencies and timeframes seamlessly. This feature facilitates a smooth transition and helps maintain the trading flow, enabling traders to respond swiftly to rapidly changing market conditions.
Moreover, the system features an on-screen dashboard that provides real-time data, including Buy/Sell signals, trend identification, spread information, and other essential insights. This real-time data accessibility can drastically improve a trader’s performance by ensuring they have the most relevant and timely market information at their fingertips.
The XARDFX System is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protective or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.
This Forex Trading System can provide you with trading signals that you can either take as they are or enhance with your additional chart analysis to further filter the signals, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
STR1 & STR2: These indicators are applied to identify the market trend on a short- and mid-term basis. STR1 (Pink–Blue line) is suitable for scalping purposes, and STR2 (Yellow–Blue line) is for day trading activities. The STR1 line is an EMA 13. The trend condition is determined based on the position of the price, either above or below the indicator slopes. These two do not change after the bar is closed.
XRDFX-38: This indicator projects the overbought/oversold areas of the market. In a bullish market, you’d want to enter the market from the oversold area for a better and safer market entry position. On the other hand, in a bearish market, you may wait until the price is in the overbought area before making a market entry.
CCI Trend-03: This is a trend-filtering indicator used to verify the trend signals generated by the other indicators of the system. If it carries a positive value, it means the market is bullish. Conversely, CCI Trend-03 with a negative value confirms the validity of the current bearish move of the market.
Trading rules for this Forex Trading System
Remember to tighten your Stop Losses around high-impact news releases or avoid trading at least 15 minutes before and after these events when using this Forex Trading System.
As always, to achieve good results, remember proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spreads, etc.
Conclusion
In conclusion, the XARDFX Forex Trading System is an innovative system that combines multiple trend-following indicators to accurately gauge the market’s trade strength. Its non-repainting feature, user-friendly interface, and real-time dashboard offer traders a comprehensive tool to navigate the intricate world of Forex trading. By doing so, it empowers traders to make well-informed decisions, ultimately boosting their trading performance and profitability.