ET, which chart are you refering to ???
- | Joined Jan 2006 | Status: Member | 105 Posts
Dave
If you can't swim with the sharks
stay out of the water!
Sidus-EMA RSI & Sidus V3 indicators that need to be fixed 18 replies
New Sidus Method v2.0 186 replies
Sidus System confirmation' indicator? 52 replies
New Sidus Method v2.0 is available 6 replies
Quoting peterdxbDislikedET, which chart are you refering to ???Ignored
Quoting OrangeRoshanDislikedYupz, made 23 pips long & just bank-in 10pips Short. Now its bearish continuing with remaining 70% of my trade.Ignored
Quoting GP2XDislikedAttached is the first draft I did for this three phases system. The backward test doesn't look well. Because:
1. Most people are talking about enter signal. But the exit signal is not clear to me, although I read through all the posts. Currently the EA exits phase one when the H1 tunnel crossed to reverse direction.
2. I haven't found a good solution for SL, tried BrainTrend2StopLine, but it doesn't always give the support/resistance depends on the time to enter. I can enter the order at first then wait for the SL from BrainTrend2StopLine. But the value is too close to the price. Currently it just uses static SL.
3. The EA trade both directions. Some people mentioned to check the trend in H1, H4 or daily. But there is no clear description about how to do it. I need something very clear to be coded.
4. Some bad trades showed the enter/exit were too late. I am wondering if we can enter/exit when the distance between 5EMA and 12EMA start reducing.
5. I used the stepRSI indicator instead of RSI21, hope it doesn't matter.
I am a programmer, not a trader. To code the EA, I need more clear descriptions about each step under all situations. Please help.
Thanks!Ignored
Quoting COTtraderDislikedHello, Friends,
This is my first post on Forex Factory. I am glad to see the interest and involvement of everyone to produce a simple yet effective 5/12 system. My 5/12 setup offers the following. The RSI-Oscillator makes the 5/12 break a little more determinative and is confirmed by the Silver Channels and Cams.
The pix is last week's (Aug 4) closing. Can you see the cross at the pivot? The major trend is still up according to the RSI filter. A short term break downward may be in the offering. Anyway, the RSI-Oscillator will better determine its exact movement with confirmation, of course. Hope this helps.
COTtraderIgnored
Quoting petercrossDislikedHi COTtrader:
Thanks for contributing. Its interesting, I have been testing around with RSI oscillators, too and once they break down, they pretty much filter out some bad trades on the 5/12 Bagovino Method....I'm not partying yet the method, but refining it. Once I have some reliable test results, I will post them here. I also have a LEADING Indicator from an Russian Mathematician that is very promising, once I see that it works well with the 5/12 method i will upload the indicator itself......I just don't want at this stage to have people "hurt themselves" if this stuff doesn't work
Could you upload the indicators you have on your charts? Is that a simple RSI? Or some special whiz thing?
Thanks for your contribution.
Peter.
(If somebody wants the indicators beforehand and play around with, I will be more than happy to upload, its only on your own risk)Ignored
Quoting petercrossDislikedHi COTtrader:
Thanks for contributing. Its interesting, I have been testing around with RSI oscillators, too and once they break down, they pretty much filter out some bad trades on the 5/12 Bagovino Method....I'm not partying yet the method, but refining it. Once I have some reliable test results, I will post them here. I also have a LEADING Indicator from an Russian Mathematician that is very promising, once I see that it works well with the 5/12 method i will upload the indicator itself......I just don't want at this stage to have people "hurt themselves" if this stuff doesn't work
Could you upload the indicators you have on your charts? Is that a simple RSI? Or some special whiz thing?
Thanks for your contribution.
Peter.
(If somebody wants the indicators beforehand and play around with, I will be more than happy to upload, its only on your own risk)Ignored
Quoting ktradeDislikedI believe these are the 2 RSI indicators Co is referring to:Ignored
Quoting COTtraderDislikedHello, Friends,
This is my first post on Forex Factory. I am glad to see the interest and involvement of everyone to produce a simple yet effective 5/12 system. My 5/12 setup offers the following. The RSI-Oscillator makes the 5/12 break a little more determinative and is confirmed by the Silver Channels and Cams.
The pix is last week's (Aug 4) closing. Can you see the cross at the pivot? The major trend is still up according to the RSI filter. A short term break downward may be in the offering. Anyway, the RSI-Oscillator will better determine its exact movement with confirmation, of course. Hope this helps.
COTtraderIgnored