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Attachments: New profitable System - Sidus
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New profitable System - Sidus

Hey there...

I have about 25 different moving averages in my possession. What is a LWMA?

Thanks a bunch!
CT
Quoting CTForex
Hey there...

I have about 25 different moving averages in my possession. What is a LWMA?

Thanks a bunch!
CT
LWMA = Linear Weighted MA.
If not, try WMA = Weighted MA
Forex is my business
Hi,

I, also use FXSOL. Are you using AccuCharts for charting?

If so, how do I implement the Sidus Method?

Thanks..



Quoting CTForex
I use both 30 minute and hourly charts. Unfortunately, I use FXSOL for my brokerage and they said that they plan to implement a 4 hour chart which is popular with some traders. Personally, the 30 minute and hourly charts work fine with me.

I sent you my charts and hopefully you will like them. they are the simeple 5/12 charts with 144/169 EMA's on the upper charts and 5/12 EMA's on the upper chart and also on the lower chart covering my RSI 21. It is that simple.
No fibs and no pivot points. As simple as can be for me. I just keep in mind the average daily ranges for each currency pairs which show me the potential high and lows within each 24 hour period.

CT
early entry with LWMA would also mean more whipsaws ??
I use the new AccuCharts for my trading. When they first cam out last month, we had problems accessing the charts and it took FXSOL a whole week to determine what the problem was. They programmed their security system whereas if you used caps in your sign in, you could not use them for the charts and they locked up many accounts while overlooking this problem. People that downloaded the new charting programs had to uninstall to reinstall the old system. Once the problem was figured out, people had to use new access information for their accounts and charting packages.

I like their charts but wished they had more precise instructions for alert setups. Another positive I like about their charts is that I can open up 26 different currencies and each one can have up to 10 different system styles programmed it. I use 8 currencies that I trade which means I have 80 charting screens available to view. Although I have many systems that I play with, the 5/12 Sidus is my absolute favorite and give me the best charts to jump in and out of trades with.

Unfortunately, only live traders have access to these charts. Training with demos on FXSOL does not afford traders to use the AccuCharts. I personally feel that if you want to entice traders to learn on demos, they should have access to the AccuCharts which will win them over.

I have 11 trading screens... 8 different currencies, forex news, dealing window and internet screen in my office. When I am in the great room, I have a plasma screen that pops up from behind my cable plasma screen (when I am viewing television) and I can go through all of my charts while watching television in the great room. I call it the ultimate set up.

I also have an external hard drive with all of my AccuCharts that I can add to my laptop when I travel. I thank the man above for wireless internet access.

CT
I am now playing with the 12 WMA's as requested to see if there is a difference. I tested it on the EUR/USD and see little change. I am going to test it on my other 7 currency pairs.

I hope that my charts I sent to you looked interesting.

CT
Quoting CTForex
I

I hope that my charts I sent to you looked interesting.

CT
They look great. Thanks!

Do you use the 5/12 in RSI just for confirmation?

Thanks again,

Jim

Quoting CTForex
.I have 11 trading screens... 8 different currencies, forex news, dealing window and internet screen in my office. When I am in the great room, I have a plasma screen that pops up from behind my cable plasma screen (when I am viewing television) and I can go through all of my charts while watching television in the great room. I call it the ultimate set up.

CT
You are my new Hero. LOL
Jim
Indicators show the past. Price Action "Indicates" the future.
I started the EA on Sunday evening on EURUSD and GBPUSD pairs but there is absolutely no trade triggered since then. Does anybody else have any experience with this EA?


Quoting A1Cruiser
GP2X,

Thank you for your efforts on setting out an EA. I attached it to a GBPUSD demo account of mine and am about to start forward testing from tomorrow.
Without analysing the code in due depth I think you currently set 3 Profit Targets buy default:
40 pips (Bagovino)
80 pips (Sidus)
377 pips (Vegas)
with partial lots.
Since these are external variables the user can set the preferred ptofit targets.
If you could resolve attaching a Trailing Stop possibility as well, then the user could choose that in accordance his/her preferences.
As for trend checking, Vegas wrote his model in "4H Momentum Tunnel" that you can find here: http://www.forexfactory.com/forexfor...60&postcount=1
(It would be too long to repeat that here, sorry...)
I think using the distance changes between 5EMA and 12EMA would lead many false signals.
I will post my experiences with the forward test in a couple of days or weeks.
Thanks again
Hi CTForex, can I get the pic of your chart as well to look at? I tried to PM you, but it wouldn't allow it.

Thanks,

Kevin
Quoting A1Cruiser
I started the EA on Sunday evening on EURUSD and GBPUSD pairs but there is absolutely no trade triggered since then. Does anybody else have any experience with this EA?
Maybe you must add StepRsi in the chart.

I have a signal now.

C.
Coyan,

Thank you for your reply. You might be right, I have not attached the StepRSI to that setup with the EA. I try it and refer back to you. Thanks again,
Best of Pips,

A1

Quoting coyan
Maybe you must add StepRsi in the chart.

I have a signal now.

C.
Quoting CTForex
Hi... I am using the 5/12 EMA's method with 144/169 EMA's.

CT
This is quite a difference from the original system. Do you really mean 144 and 169? There is almost no crossing?
CTForex,

I could not email you. You may email me at [email protected]

The future depends on what we do in the present.
Hi CTForex:

Obviously you brought "fresh air" into the SIDUS thread. I'm thankfull for that because I've had that sense of frustration lately with the system. I first jumped into the system because of its SIMPLICITY. I loved it. Then some of us got the dreaded whipsaws=losses and started complicating the system. Now, I have lost the direction I had at the beginning (way to many Indicators, timeframes, at times they contradict themselves...)

I'm sorry for contributing to the confusion - the Russian Indicator is OFF my charts....It is like Bagovino said earlier: moves like the wind=many bad trades. I don't know why it worked for a couple of days. Anyway, sorry guys/gals for that one.

Anyway, I wanted to thank you for bringing back: 1. Simplicity 2. HOPE back to the system.

Could you send me your chart pictures/setups?

Or as a PM on this Forum (if attachments work for you). Thanks again. Appreciate your valuable time and don't take it for granted. I hope I can be of some help in the future.

Peter.
Hi everyone. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

We already talked a lot about the entrance and 18/28 EMA. (By the way, Renasdad, if I get you right, you are saying that we don’t need them and they only confusing?)<o></o>

But what about exit?<o></o>

If you look at attached chart you will see thin yellow line – it’s 9SMA. (Yes, that magic one! ) <o></o>

It looks like it helps to see early exits and normally shows it twice (dark blue circles on the chart). I still can’t figure out which one to trust more. May be someone could suggest a trick to confirm line 9. <o></o>

<o></o>
Attached Image
Hi CT

Would you mind to post your version of sidus system? You must have some good filters to get rid of all those false signals and only take these real opportunities.

aha


Quoting CTForex
Within the past 7 days, the following currency pairs had the listed opportunites to trade.....

EUR/GBP 1 Opportunity
EUR/USD 4 Opportunities
USD/CAD 4 Opportunities
EUR/CHF 3 Opportunities
EUR/JPY 4 Opportunities
GBP/USD 3 Opportunities
USD/JPY 4 Opportunities
AUD/USD 4 Opportunities

As far as how many hours does one trade, that depends on the trader. Personally, I am always near my system and I use trailing stops in case I am away from the computer. The best times to trade are usually at the London Market opening and the US Market openings.

On average, each currency has an opportunity to move every 1.5 days using the sidus method, old and new. If you PM me and send me your email address, I will send you my charts to look at.

Hope that this helps.
CT
Target: Trading naked. ;)
CTForex,

Thank you so much for your input! You sound like you are trading this system very successfully.

Can you please confirm just what timeframe you are trading. I dont believe you mentioned it.

Also, please post any modifications you may have made.

Thanks so much!

Bagovino
"Skills pay the bill's!"
Since, the ACCUChart tutorials are useless, what steps did you do to implimate the Sidus method?

Wow, maybe one day, I too will have half dozen trading screens as well.

Thanks...

Quoting CTForex
I use the new AccuCharts for my trading. When they first cam out last month, we had problems accessing the charts and it took FXSOL a whole week to determine what the problem was. They programmed their security system whereas if you used caps in your sign in, you could not use them for the charts and they locked up many accounts while overlooking this problem. People that downloaded the new charting programs had to uninstall to reinstall the old system. Once the problem was figured out, people had to use new access information for their accounts and charting packages.

I like their charts but wished they had more precise instructions for alert setups. Another positive I like about their charts is that I can open up 26 different currencies and each one can have up to 10 different system styles programmed it. I use 8 currencies that I trade which means I have 80 charting screens available to view. Although I have many systems that I play with, the 5/12 Sidus is my absolute favorite and give me the best charts to jump in and out of trades with.

Unfortunately, only live traders have access to these charts. Training with demos on FXSOL does not afford traders to use the AccuCharts. I personally feel that if you want to entice traders to learn on demos, they should have access to the AccuCharts which will win them over.

I have 11 trading screens... 8 different currencies, forex news, dealing window and internet screen in my office. When I am in the great room, I have a plasma screen that pops up from behind my cable plasma screen (when I am viewing television) and I can go through all of my charts while watching television in the great room. I call it the ultimate set up.

I also have an external hard drive with all of my AccuCharts that I can add to my laptop when I travel. I thank the man above for wireless internet access.

CT
Hi Bag,

Quoting bagovino
CTForex,
Can you please confirm just what timeframe you are trading. I dont believe you mentioned it.
I think he mentioned in a previous post that he uses 30min and 1hr TF's and finds those suitable.

Cheers,
Art...
Hi all!

This thread is wonderful. I finally got finished w/ it JUST NOW! I love the community effort that's going on here and I believe that effort should remain on this board.

HOWEVER...

I have a blog that I set up a while back that's really doing nothing but sitting there. I have a chatroom on it. That chatroom "could" potentially be a good spot for all of us to meet during trading sessions to confirm entries/exits. All concept discussions should remain on this board though. You can also get sound on the chat. This will be great for people who need "some" amount of sleep at night. When folks in the chatroom see a signal they can alert the sleepyheads w/ a nice ambulance sound and wake them up!

If you use the chatroom just ignore the posts. They are old and outdated! We could possibly use the BLOG in the future to host files and/or "versions" of the system by giving the main contributors to the system admin rights. Just a thought!

The web site is www.tradingbenjamins.com

Again, the site is outdated so please don't get the wrong idea that I'm trying to promote myself somehow. That is not my intention at all!

Happy trading! This system looks VERY nice! Thanks all!
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