Those who still follows the Sidus system, are we still trading on 1H chart or is it more advisable to switch on 4H?
Thanks!
Thanks!
- #1,568
- Oct 14, 2006 7:10pm Oct 14, 2006 7:10pm
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
SMA = Simple Moving Average
EMA = Exponential Moving Average
WMA= Weighted Moving Average (or Linear Weighted Moving Average)
Don't ask me to explain them.
Just mess around with them on the chart, and see the differences between them.
OK?
"I think I am, therefore I might be".
EMA = Exponential Moving Average
WMA= Weighted Moving Average (or Linear Weighted Moving Average)
Don't ask me to explain them.
Just mess around with them on the chart, and see the differences between them.
OK?
"I think I am, therefore I might be".
- #1,573
- Oct 16, 2006 6:51pm Oct 16, 2006 6:51pm
Hi canados,
Are you using this indicator along with Sidus method? What are the "rules" in using Fisher?
Thanks!
Are you using this indicator along with Sidus method? What are the "rules" in using Fisher?
Thanks!
Nooo guys...don't use this one.It repaints the past.I know it's awesome,but, in real time it's not good. because it change the past values with new bars. Below attached the good version.
If you search on google,you'll find most posts speaking about this indicator that seems the holy grail.
- #1,574
- Oct 18, 2006 3:28pm Oct 18, 2006 3:28pm
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
I've just downloaded the PDF so will give it a try.
Just a thought here but has anyone tried it using AMA, they seem to be a bit faster in responding to changes?
Does anyone else here use spread betting platforms?
Looks very good so far from what I've read in this post.
Regards
DS
For the last week or so, I've been going through this thread, and also Bagovino's thread, learning a hell of a lot in the process, but I haven't come across AMA before.
Also, you're the only one who's referred to spread betting. I've been messing around spread betting with a demo account, as I'm more interested in that than signing on with a broker. It's the "no tax, no commissions" that attracted me!
I'd be interested in your experiences with any spread betting you've done, mate.
Cheers for now.
--------------------------------------------
"I think I am, therefore I might be"
Hi Eyevoltage,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o
></o>
<o> </o>
The AMA is called an Adaptive Moving Average, I came across it in some magazine and it looks pretty good. See the attached PDF file for further info.<o></o>
Unfortunately my maths isn’t great and my programming is as bad so can’t explain it to you, but the formulas are all in the PDF file.<o></o>
I’m relatively new to the Forex market (6 months) but learned so much in that time, thanx to forums like this excellent one. I started out using spread betting and haven’t had any problems with it, there are lots of SB brokers out there so it’s a matter of personal preference, but I use the following:<o></o>
<o> </o>
CMC Markets – VERY competitive spreads, 2-3 pips on the majors – Huge selection of currencies etc – Not web based unfortunately, you install their platform onto your PC and it’s not the most user friendly, but OK when you get the hang of it – I use them for any trades that have to be rolled over as they do it automatically and cheaply too.<o></o>
<o> </o>
Finspreads – Almost as competitive with their spreads as CMC – A more limited selection of currencies etc – Web based and good simple interface – I use them for intraday trades only as they are kind of expensive for rolling over trades into the next business day.<o></o>
<o> </o>
Capital Spreads – Very similar to Finspreads, except that they double their spread overnight!!! Don’t use them now because of this but otherwise very good.<o></o>
I’m based in the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:country-region><st1lace>UK</st1lace></st1:country-region> and the tax free thing is a big bonus with SB as its regarded as betting, you don’t need as much money either, so it’s easy to start off with a lower bank and you only really use the money itself if you lose a trade. I prefer trading with a real account (you can trade with as little as 50p per pip) as it’s the emotions which are the difficult thing to control, you don’t have this with the demo accounts so it’s a very different experience!
I use MT4 to set up my trades as none of the brokers have decent charts and then just place my trade with my chosen broker. The only thing you don't have with SB is trailing stops, which is a pain.
<o> </o>
Hope this is of some help.<o></o>
<o> </o>
<o> </o>
Regards<o></o>
<o> </o>
DS
></o><o
> </o>The AMA is called an Adaptive Moving Average, I came across it in some magazine and it looks pretty good. See the attached PDF file for further info.<o
></o>Unfortunately my maths isn’t great and my programming is as bad so can’t explain it to you, but the formulas are all in the PDF file.<o
></o>I’m relatively new to the Forex market (6 months) but learned so much in that time, thanx to forums like this excellent one. I started out using spread betting and haven’t had any problems with it, there are lots of SB brokers out there so it’s a matter of personal preference, but I use the following:<o
></o><o
> </o>CMC Markets – VERY competitive spreads, 2-3 pips on the majors – Huge selection of currencies etc – Not web based unfortunately, you install their platform onto your PC and it’s not the most user friendly, but OK when you get the hang of it – I use them for any trades that have to be rolled over as they do it automatically and cheaply too.<o
></o><o
> </o>Finspreads – Almost as competitive with their spreads as CMC – A more limited selection of currencies etc – Web based and good simple interface – I use them for intraday trades only as they are kind of expensive for rolling over trades into the next business day.<o
></o><o
> </o>Capital Spreads – Very similar to Finspreads, except that they double their spread overnight!!! Don’t use them now because of this but otherwise very good.<o
></o>I’m based in the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:country-region><st1
lace>UK</st1lace></st1:country-region> and the tax free thing is a big bonus with SB as its regarded as betting, you don’t need as much money either, so it’s easy to start off with a lower bank and you only really use the money itself if you lose a trade. I prefer trading with a real account (you can trade with as little as 50p per pip) as it’s the emotions which are the difficult thing to control, you don’t have this with the demo accounts so it’s a very different experience!I use MT4 to set up my trades as none of the brokers have decent charts and then just place my trade with my chosen broker. The only thing you don't have with SB is trailing stops, which is a pain.
<o
> </o>Hope this is of some help.<o
></o><o
> </o><o
> </o>Regards<o
></o><o
> </o>DS
- #1,577
- Oct 19, 2006 6:43am Oct 19, 2006 6:43am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Hi Eyevoltage,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o
<o
The AMA is called an Adaptive Moving Average, I came across it in some magazine and it looks pretty good. See the attached PDF file for further info.<o
Unfortunately my maths isn’t great and my programming is as bad so can’t explain it to you, but the formulas are all in the PDF file.<o
I’m relatively new to the Forex market (6 months) but learned so much in that time, thanx to forums like this excellent one. I started out using spread betting and haven’t had any problems with it, there are lots of SB brokers out there so it’s a matter of personal preference, but I use the following:<o
<o
CMC Markets – VERY competitive spreads, 2-3 pips on the majors – Huge selection of currencies etc – Not web based unfortunately, you install their platform onto your PC and it’s not the most user friendly, but OK when you get the hang of it – I use them for any trades that have to be rolled over as they do it automatically and cheaply too.<o
<o
Finspreads – Almost as competitive with their spreads as CMC – A more limited selection of currencies etc – Web based and good simple interface – I use them for intraday trades only as they are kind of expensive for rolling over trades into the next business day.<o
<o
Capital Spreads – Very similar to Finspreads, except that they double their spread overnight!!! Don’t use them now because of this but otherwise very good.<o
I’m based in the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:country-region><st1
I use MT4 to set up my trades as none of the brokers have decent charts and then just place my trade with my chosen broker. The only thing you don't have with SB is trailing stops, which is a pain.
<o
Hope this is of some help.<o
<o
<o
Regards<o
<o
DS
Thanks for all the info re the AMA, which I found really interesting. I could see the immediate advantages of this moving average......can't fault the logic at all. Only problem now is how to get it onto MT4, which I use also. I see what you mean about the maths!
Never been my strong point, unfortunately. I wonder if there's anybody out there who could construct an AMA indicator to slip into MT4's database? Now that WOULD be handy! Re the info on SB firms. The only demo I've actively had was on Capital Spreads, but I haven't used it for some time. I was actually looking for a simple and effective system or strategy to use, and sort of "came across" this forum by accident. I've been absolutely amazed by all the information on offer, plus the generous nature of all the participants.
Anyway, I've been following Sidus's and Bagovino's threads for a couple of weeks and now I'm trying out different ways of using their systems. I'm glad I saw your post, mate, because you can maybe answer the question I've been wanting to ask on this forum, but didn't know who to ask, seeing as 99% percent of them don't spread-bet.
You say you use the MT4 platform and trade through CMC. Do you find any difference in the prices when switching from one to the other? How long approx does it take you to determine your trade, switch to CMC and actually initiate it successfully? I hope you see where I'm coming from there, as my computer isn't the newest one, and tends to run a bit slow, so I was just wondering what you'd found out about using MT4 and a separate SB firm?
By the way, for your information, I'm also in the UK, up here in Cumbria.
Thanks again, mate.
Cheers.
---------------------------------------
"I think I am, therefore I might be".
@ Eyevoltage
As regards the AMA I think I’ve found one in the Metaquotes site, never looked there properly before, follow this link http://codebase.mql4.com/indicators?p=8 and its on P9.
Yup, it’s a great site this, one of my main research points before I started trading, this and the Andy X – Insider Signal course.
I don’t know why more people don’t spread bet, I see nothing but advantages using it.
Maybe it’s the stigma associated with betting!
I only use CMC if I’m either sitting at my home PC OR putting on a trade that will last for more than one day. As I work full-time I can’t monitor the trade 9-5, that’s why I like a web based platform one like Finspreads or Capital, I can keep an eye on things from work.
There is a small difference in prices between MT4 and the SB platforms, varies by broker, but around 2-3 pips, but you can’t get away from that anyway and I haven’t found it to be a problem.
There usually isn’t a big rush to get the trades on unless I’m trading the news releases, in which case I have MT4 open and the SB platform open at the same time. If I’m at work when the news is released I use the basic charts from Finspreads, I get everything set up ready to trade a few minutes before the news release, and when I see the candlestick chart start to move at the appointed time I quickly switch screens and hit the buy or sell button, works pretty well, but you have to move fast before the market reverses as it sometimes does. I’ve found that mechanically straddling the market is pointless in these cases as your order gets filled too late and you end up losing pips. The Non-farm payroll report on the last Friday of the month is a nice easy 100 odd pips for about 15-30 mins work.
With regard to your PC, shouldn’t be a problem having MT4 and your SB platform open at the same time, main thing is that it doesn’t crash when having both open, a fast Broadband connection is probably more important.
My PC spec is a P4 3GHz, 1GB RAM, 260GB HDD running Win XP with a crappy 512KB BB connection (too far from the exchange etc) and I have no problems.
Don’t know about older PC’s, but I don’t think these applications are particularly CPU intensive, best to try it and see how you get on.
Regards
DS
As regards the AMA I think I’ve found one in the Metaquotes site, never looked there properly before, follow this link http://codebase.mql4.com/indicators?p=8 and its on P9.
Yup, it’s a great site this, one of my main research points before I started trading, this and the Andy X – Insider Signal course.
I don’t know why more people don’t spread bet, I see nothing but advantages using it.
Maybe it’s the stigma associated with betting!
I only use CMC if I’m either sitting at my home PC OR putting on a trade that will last for more than one day. As I work full-time I can’t monitor the trade 9-5, that’s why I like a web based platform one like Finspreads or Capital, I can keep an eye on things from work.
There is a small difference in prices between MT4 and the SB platforms, varies by broker, but around 2-3 pips, but you can’t get away from that anyway and I haven’t found it to be a problem.
There usually isn’t a big rush to get the trades on unless I’m trading the news releases, in which case I have MT4 open and the SB platform open at the same time. If I’m at work when the news is released I use the basic charts from Finspreads, I get everything set up ready to trade a few minutes before the news release, and when I see the candlestick chart start to move at the appointed time I quickly switch screens and hit the buy or sell button, works pretty well, but you have to move fast before the market reverses as it sometimes does. I’ve found that mechanically straddling the market is pointless in these cases as your order gets filled too late and you end up losing pips. The Non-farm payroll report on the last Friday of the month is a nice easy 100 odd pips for about 15-30 mins work.
With regard to your PC, shouldn’t be a problem having MT4 and your SB platform open at the same time, main thing is that it doesn’t crash when having both open, a fast Broadband connection is probably more important.
My PC spec is a P4 3GHz, 1GB RAM, 260GB HDD running Win XP with a crappy 512KB BB connection (too far from the exchange etc) and I have no problems.
Don’t know about older PC’s, but I don’t think these applications are particularly CPU intensive, best to try it and see how you get on.
Regards
DS
- #1,580
- Edited 9:55am Oct 19, 2006 9:40am | Edited 9:55am
Hi canados,
Are you using this indicator along with Sidus method? What are the "rules" in using Fisher?
Thanks!
Canados