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New profitable System - Sidus

  • #1,521
  • Sep 26, 2006 6:07pm Sep 26, 2006 6:07pm
Thanks
  • #1,522
  • Sep 26, 2006 6:23pm Sep 26, 2006 6:23pm
Anyone took the short on EURJPY?

http://img6.picsplace.to/img6/26/eurjpy_000.png
  • #1,523
  • Sep 26, 2006 9:11pm Sep 26, 2006 9:11pm
Quoting rav700
Hello Money master,

I thank you for replying to me....but please could you post the template in mq4 format.....

Thanks
Rav
Rav,

What I listed was taken from the code of the mq4 attached to YOUR post for the indicator. So in other words, you already have the template in mq4 format.....
  • #1,524
  • Sep 26, 2006 9:17pm Sep 26, 2006 9:17pm
Quoting oakie
Hi MoneyMaster,

I understand what that indicator is set up for, I was just stating what Sidus is using in his system. The original system (post #1) states 5 & 8 wma. Sidus has since changed that to 5 & 12 wma.
Thanks
Thanks Oakie.

But then there was no need to quote my response to Rav regarding the indicator using 5/12 emas because Rav's question (and my response) was irrelevant to what Sidus originally used. And no need to ask for correction if you're raising a completely different point, your point being what Sidus used in the original post.

In any event, Rav has his answer, you made your point and the beat goes on.
  • #1,525
  • Sep 27, 2006 12:35am Sep 27, 2006 12:35am
Hi all,

Wow it took me a a few days to finish reading this. After much tinkering this is what i can summarise about SIDUS.

1. Good for trend trading.
2. A lot of fake breakouts even after rsi filtering.
3. Subjected to whipsaws.
4. A potential pip harvesting system similar to OCC created by twoblink.
5. Kills you in trendless markets.

All said, i wanted to make a system that could work well during trendless markets and trending market. But how?

Something came to mind after i read Akuma's posts of his Bollinger Breakout system. The system itself averages about 30-100 pips per trade, it potentially rides short term trends effectively but misses out on the long term trend. A good scalping system

And this is my solution to it. Combine both techniques to maximise both trending and trendless ,market.

Akuma uses a rainbow mma which is a great tool. You could recognize the change in trends just by looking at how the mma slopes form. This will be THE MOST IMPORTANT tool in this new system. He also used the bollinger squeeze indicator to check short term accumulation, which i will incorporate into the new system. I will also instead use an RSI 9 instead of the proposed 21 to maximise oscillation plays.

Am i right to say that this is how market works .....consolidate-trend-consolidate-trend etc etc....

so this is my preposition.....

http://www.thefreeimagehosting.com/U...9210newsys.JPG

http://www.thefreeimagehosting.com/U...rging_zone.JPG
  • #1,526
  • Sep 27, 2006 12:42am Sep 27, 2006 12:42am
And this is how Sidus could be maximised in a trendless market

http://www.thefreeimagehosting.com/U...ation_play.JPG
  • #1,527
  • Sep 27, 2006 5:40am Sep 27, 2006 5:40am
Quoting jest1081
Hi all,
Something came to mind after i read Akuma's posts of his Bollinger Breakout system. The system itself averages about 30-100 pips per trade, it potentially rides short term trends effectively but misses out on the long term trend. A good scalping system

And this is my solution to it. Combine both techniques to maximise both trending and trendless ,market.
Hi Jest,

I think that's quite a lot of work and effort you put in and it seems like an interesting system. I would suggest two things:

1. Start your own thread, because the system-mix seems to deserve that much, and work on it to see how it goes

2. Be aware that you might be falling into the traps that a lot of beginners fall into: wanting to ALWAYS trade and make profit and wanting a system that has a truckload of indicators to have more reassurance. The market seems complicated, so you need a complicated system, right? (I'd say: not really)

But of course you can complicate things and still end up winning, which is why I suggested starting something yourself, you seem to have a good eye for ideas and new ideas are always worth considering and developing in any matter.


I respect the effort put into it and if you think it's a good thing then go for it!

Best wishes & good luck,

SeekingLight
Trust price. Know yourself.
  • #1,528
  • Sep 27, 2006 9:06am Sep 27, 2006 9:06am
I agree with Seekinglight. You will receive many comments and criticisms...some constructive others confounding, as your concept evolves. So please start a new thread. Then we can proceed with clarity and avoid a repeat of the confusion that grew out of the Sidus-Bagovino combination.
  • #1,529
  • Sep 27, 2006 9:27am Sep 27, 2006 9:27am
Hi guys,

Thanks for the contructive posts, i will have to backtest it in order to know if it works.

Initially i the system does look like a load to swallow but i think its just sounded so. Basics of the technique remains...Sidus methodology is the top priority. I added the rainbow so that i am able to see the trend curve clearly, which would help me to consider if i should be in scalp mode or trend trading mode. RSI 9 is used for scalping plays.

Other than that there is no change to the basics od Sidus...the way i see it, this is not a new system...yet... but just an added feature to identify the strength and weakness of an ongoing trend.
  • #1,530
  • Edited 3:31pm Sep 28, 2006 1:43am | Edited 3:31pm
All - question is mainly for Renasdad because I've finally got the to end of the thread from post 1 and have seen him join the thread, go through the amendments with Bag, go back to the simple method and come out the other side. (sounds like some sort of endurance test)

Questions -

1. Do you use RSI anymore?

I suspect not because either of the below indicators includes this aspect.


2. Which indicator?

'EMAcrosswithRSI3' or 'SIDUS-EMA RSICCI filter' (realise there's the WMA version of the second one but I believe this is personal choice)

EMACross appears to give a lot more signals
SIDUS_EMA give less signals but appears more consistent.

For either signal - If you were to ignore the Vegas aspects (which I know you don't), but would you trade on an 'arrow' from either indicator or would you wait for the arrow and then trade once the confirming 'dot' appeared for the RSI/CCI aspect.


3. VEGAS aspect

You said you trade at tunnel or extreme fib level.
Hypothetical situation - If there was the perfect setup from above with whatever indicator you use but price was in between the vegas tunnel and the extreme fib would you leave it alone because of your personal rules?


I know I said it's mainly for Renasdad but I'd love for others to comment if you want.

Be happy.

Don't worry Renasdad - Have just read the whole bago thread and all questions answered. Sorry to waste space everyone.
If you've got questions, invest the time and read both threads. all the info is there.
Enter Signature
  • #1,531
  • Sep 28, 2006 4:46am Sep 28, 2006 4:46am
Hi
I m using 1hr chart with:
5-12WMA
12-28 EMA as tunnel lines
RSI=21
------------------------
My question is:
a- Do we have to consider which crossing first. I mean do we have to consider Tunnel crossing first then WMAs to open a position.
b- or if WMAs cross first and tunnel lines cross second, the entry trade remains applicable.
Your reply is much appreciated.
END


Quoting jest1081
Hi guys,

Thanks for the contructive posts, i will have to backtest it in order to know if it works.

Initially i the system does look like a load to swallow but i think its just sounded so. Basics of the technique remains...Sidus methodology is the top priority. I added the rainbow so that i am able to see the trend curve clearly, which would help me to consider if i should be in scalp mode or trend trading mode. RSI 9 is used for scalping plays.

Other than that there is no change to the basics od Sidus...the way i see it, this is not a new system...yet... but just an added feature to identify the strength and weakness of an ongoing trend.
  • #1,532
  • Sep 28, 2006 5:27am Sep 28, 2006 5:27am
Hi,

For me its the price that tells you the details....the formation of the candles will tell whether it will be a cross or rather bounce off the MA and WMA. By looking that the colored MMAs it tells u if the short terms are weakening, mid terms and long terms. You should substitute the MMA im using with Guppy's version, it would be simpler to see. I use RSI 5 or u can use 9 as an oscillator and rsi 21 as a trend indicator as intructed by Bago
  • #1,533
  • Sep 28, 2006 5:38am Sep 28, 2006 5:38am
sry bad post pls refer above
  • #1,534
  • Sep 28, 2006 6:02pm Sep 28, 2006 6:02pm
I've recently started using the Metatrader charting prog.

Question: How can I get an audible alert to funtion for a MA crossover? Is there an Indicator written for this system (Sidus) that will give an audible alert when the 5 crosses the 12 ? I live in the EST zone and would love to be awakened at any time with a trade opportunity in the early hours. I could place the trade, set the stops and go back to sleep. Then I can wake up with lots of profit!
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #1,535
  • Sep 28, 2006 6:15pm Sep 28, 2006 6:15pm
I don't know which indicator EA you have loaded but I didn't have a down arrow at this point. But that aside it is good to use discretion at a point like this. Notice that the pair just finished a stong up move. I've found it is not wise to trade against a recent move like that as the signal just may be a brief correction before a continuance as it actually turned out to be just that. The signal given about 7 hours later was the way to go. It continued what the strong move up had begun.

Quoting wallym
Anyone took the short on EURJPY?

http://img6.picsplace.to/img6/26/eurjpy_000.png
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #1,536
  • Sep 28, 2006 6:39pm Sep 28, 2006 6:39pm
I've only checked back briefly on a few pairs (Euro,Pound and Swissy vs. USD) but I've noticed that when the indicator EA AX512EMACROSSw/RSI (posted somewhere earlier) has an Arrow (the cross) and a Dot (the RSI) both on the SAME bar the percentage of good trades is increased. The following bars most always go in favorable direction. This means fewer trades to be taken but with a higher percent of winners you can trade less often with more size. Maybe someone here will be interested in checking this out with more focus as I've only gave it a brief passing investigation. Also it could be exanded to include trading when the two events are within one bar of each other instead of only on the same one hour bar. I would think this is the result of higher volitility hence bigger moves that result. Also from what I could see this tends not to happen during a consolidation which could help protect from whipsaws. IMHO
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #1,537
  • Sep 29, 2006 10:04am Sep 29, 2006 10:04am
Thanks
i learn


i find Sidus's new version 2 ?
  • #1,538
  • Sep 29, 2006 10:57am Sep 29, 2006 10:57am
Hi,

Whats Sidus's latest system? Is it still the one in post 1?

Regards
  • #1,539
  • Oct 1, 2006 9:46pm Oct 1, 2006 9:46pm
Quoting Attiqul
Hi,

Whats Sidus's latest system? Is it still the one in post 1?

Regards

the same question here ???

~Walid
  • #1,540
  • Oct 1, 2006 10:49pm Oct 1, 2006 10:49pm
I believe that the anticipated Sidus v2 is not available yet...Thus, we're still working on the original method as posted -- except for a small change. Instead of 5/12 EMA we are now using 5/12 WMA (or LWMA).
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