XARDFX is Forex Trading System that is easy to use. It stands out due to its incorporation of multiple trend-following indicators. These are used to gauge the trade strength of the market, signaling for trades as appropriate. Unlike many other trading systems, XARDFX is not solely reliant on a single indicator. Instead, it amalgamates data from several sources, providing a more holistic and nuanced understanding of market trends. This multi-indicator approach offers enhanced insight, helping traders make informed decisions about when to enter or exit a trade.
Key to the system’s efficacy 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 it, 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. This includes Buy/Sell signals, trend identification, spread information, and other various 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.
XARDFX System is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection 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 give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, 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.
The Main Chart of XARDFX Indicator Explained
- STR1 & STR2: These indicators are applied to identify the market trend on a short & mid-term basis. STR1 (Pink–Blue line) is suitable for scalping purposes, and STR2 (Yellow–Blue line) is for day trading activities. STR1 Line is an EMA 13. The trend condition is decided based on the position of the price, either above or below the indicator slopes. These two doses not changes after the bar is closed.
- XRDFX-38: This indicator projects for the overbought/oversold area of the market. In a bullish market, you’d like to enter the market from the oversold area for a better and safe 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: It is a trend-filtering indicator used to certify the trend signals generated by the other indicators of the system. If it carries, a positive value means the market is bullish. Oppositely, CCI Trend-03 with a negative value means the validity of the current bearish move of the market.
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This Indicator is straightforward. Even a complete beginner can start trading and making profits with this system. You can set it to send you a signal alert via Mobile Notification, platform pop-ups, and Email. This is helpful as it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.
XARDFX Indicator can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minute through to the 1-month charts.
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 about 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 spread, etc.
Conclusion
To conclude, the XARDFX Forex Trading System is an innovative system that combines multiple trend-following indicators to gauge the market’s trade strength accurately. Its non-repainting feature, user-friendly interface, and real-time dashboard offer traders a comprehensive tool to navigate the intricate world of Forex trading. Doing so empowers traders to make well-informed decisions, ultimately boosting their trading performance and profitability.
