Guru Trading Scripts
Open in Telegram
1ļøā£ Proper Risk Management šš 2ļøā£ Secure Profits š° 3ļøā£ Invest Wisely š For learning and informational purposes only. This is not financial advice šÆ Contact @Guruscripts101
Show moreThe country is not specifiedThe category is not specified
297
Subscribers
No data24 hours
+17 days
+1530 days
Posts Archive
ā”ļø Trade with the Best! šOpen a Deriv MT5 Multi-Asset Account and Trade Forex, Stock, Indices, Cryptocurrencies, Commodities & Derived indices
Repost from Ultimate Chart Analysis Group
Hereās a clearer, simpler breakdown of the XARD MT5 Simple TrendāFollowing System.
āø»
šÆ Core Concept
Trade in the direction of the trend by combining visual cues and filters for better clarity and confluence ().
āø»
1. Trend Identification: Colored Candles
⢠Light Blue candles = Uptrend (price is above both blue movingāaverage lines)
⢠Light Pink candles = Downtrend (below both red MAs)
⢠Black candles = Mixed signals (MAs not aligned) ()
āø»
2. Daily Open Filter
⢠Use the gold horizontal line marking the daily open.
⢠Only take long trades above it and short trades below it ().
āø»
3. IntraāDay Bias: Green ZigāZag Line
⢠A green zigāzag line shows the current intraāday trend.
⢠Use this as your bias:
⢠For longs, make sure price is moving away above the green line.
⢠For shorts, itās away below ().
āø»
4. Entry Signal: T1MA Line Cross
⢠After the candle colors and daily open align with the zigāzag direction, wait for a price cross of the T1MA line in the direction of the trend during key sessions
āø»
5. MiniāDots (MT5 Version)
⢠In MT5, mini green/red dots mark the start of expansions.
⢠These are early warnings.
⢠You should enter on candle close crossing the T1MA ā not just on the appearance of the dots ().
āø»
6. Timeframe
⢠Primary timeframe: 1āhour with daily open & candle colors.
⢠Many traders refine entries further on 15āminute charts, using the same logic:
⢠Daily open ā Zigāzag bias ā T1MA crossover ().
āø»
7. Exit Strategy
⢠Often exit when price reaches the channel line (an outer boundary from the indicator package).
⢠Some wait for a zigāzag dot or channel line to confirm trend exhaustion before exiting ().
āø»
8. Extra Filter (Optional)
⢠Use subāwindow indicators like RSI/PMO.
⢠For example, RSI above PMO may confirm an uptrend; below signals downtrend ().
āø»
ā
Simplified Workflow (15āmin chart example)
1. Check daily open ā is price above (bull) or below (bear)?
2. Ensure candle color matches direction (blue/pink).
3. Confirm price is moving away from green zigāzag.
4. Wait for candle close crossing T1MA in trend direction.
5. Enter trade.
6. Optionally trade layers as expansion continues (on MT5 miniādots).
7. Exit at channel line or when bias breaks (new dot/MA crossover).
āø»
š§ Why It Works
Combines trend alignment (multiāMA & daily open), intraāday bias (zigāzag), and a specific entry signal (T1MA cross). This multiālayered approach builds strong conviction before trading ().
āø»
šCreate Your Deriv MT5 Account Now and Trade Forex, Synthetics, Stocks & More ā All in One Platform!
š¤Love the Work? Consider Supporting the Channel Via Our Bitcoin (BTC) Address: ā bc1qy2wt50hjux09ze9tjds8jc0nqu302pl45tjyj9
