19#  Xard Penguin Forex Strategy

Dimitri 2025

Xard Penguin Strategy is a trend reversal strategy.

Platform: MetaTrader 4 (MT4)
Chart Used: NZDUSD, M15
System Type: Trend-following with multi-timeframe and visual confirmations

Main Components

1. Trend Zones (Background Color)

• Red/Burgundy zone: Downtrend bias (bearish sentiment).

  Green zone: Uptrend bias (bullish sentiment).

  Blue zone: Neutral or higher-timeframe range influence.
  These zones give a visual confirmation of the current market direction and help avoid trading against the dominant trend.

2. Xard's Moving Averages

• Multiple moving averages (e.g., yellow, white, blue, purple lines) show trend direction.

  A bullish condition is when the fast EMAs (e.g., yellow/white) are above the slower ones (purple/blue).

  A bearish condition is when the fast EMAs are below the slower ones.

3. Semaphores (Circles on Candles)

• Pink, Blue, Yellow circles are called “semaphores.”

  They indicate potential swing highs/lows.

  The first semaphore is a warning; the second semaphore often confirms the new trend.

4. Boxes and Zones

• Red and green rectangles represent support/resistance or price action zones.

  These areas help define entry and exit points.

  You can expect price to bounce or break at these zones.

5. Oscillators and Histograms

• Colored histogram bars (bottom) show trend momentum:

  • Green = bullish, Red = bearish.

• White/yellow wave oscillator indicates momentum strength and possibly overbought/oversold areas.

6. Key Levels: PDL, PWL, PMH

• These stand for:

  • PDL = Previous Day Low

    PWL = Previous Week Low

    PMH = Previous Month High

  These levels act as horizontal support/resistance and are used for trade targets or risk management.

7. Statistics Panel (Top Right)

• Includes:

  • ADR = Average Daily Range

    PoOp = Probability of Price Operation

    HiLo = High/Low range

    This panel helps estimate volatility and position sizing.

How to Use the Strategy – Step-by-Step Trade Guide

Buy Setup (Long Entry)

1. Market bias: Price is inside a green background zone (bullish).

2. Support formed: A blue semaphore dot appears (swing low).

3. EMA alignment: Yellow/white EMAs begin to curve upward, and price is closing above them.

4. Confirmation: Histogram bars at the bottom turn green.

5. Wave oscillator begins to rise, showing upward momentum.

6. Entry: After a bullish candle breaks the last minor high (or after the second dot).

7. Stop Loss: Below the semaphore low or just below recent support zone.

8. Take Profit: Next resistance, PMH, or calculated ADR target.

Sell Setup (Short Entry)

1. Market bias: Price is inside a red zone (bearish).

2. Resistance formed: A pink or yellow semaphore appears (swing high).

3. EMA alignment: Price starts moving below yellow/white EMAs.

4. Histogram turns red, confirming bearish pressure.

5. Oscillator curves downward.

6. Entry: After a bearish candle closes below recent support or post-second dot.

7. Stop Loss: Above the semaphore high or nearest resistance.

8. Take Profit: Near PDL, PWL, or a lower Fibonacci zone.

Additional Tips

• Prefer trades aligned with the higher timeframe trend (e.g., M15 entry in the direction of the H1 trend).

  Wait for clear structure and confluence between indicators.

  Use the second dot (2nd semaphore) strategy to reduce false signals.

  Avoid trades during major news events unless confirmed by strong price action