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New profitable System - Sidus

  • #1,701
  • Dec 20, 2006 8:27am Dec 20, 2006 8:27am
Quoting merlin
hey sidus, i am setting up some new Trading Systems sub-forums soon. would you like me to make one for your method? that way you could have multiple threads under one roof, and i can make you a mod of the forum so you have better controls over your files etc. if interested just email me with site form.
Hi Merlin,

I would like that. But I don't have time to moderate it. I also would like the old thread continues to exist in the main folder and in the new one. Thanks
  • #1,702
  • Dec 20, 2006 12:28pm Dec 20, 2006 12:28pm
Quoting merlin
hey sidus, i am setting up some new Trading Systems sub-forums soon. would you like me to make one for your method? that way you could have multiple threads under one roof, and i can make you a mod of the forum so you have better controls over your files etc. if interested just email me with site form.
Hi Merlin, since you are creating new subforums , could you open one for OrangeRoshan's method ?

thx a lot

bye bye
  • #1,703
  • Dec 20, 2006 2:45pm Dec 20, 2006 2:45pm
[quote=pipdogg]Hey All,

I currently trade through OANDA. I was following this thread a long time ago when I had a demo account and was very curious about this system. I was wondering, can this system be done confidently using OANDA's built in charting software? How much does Metatrader 4 cost, and is it worth getting seeing as how OANDA's is free and seems to work the same.

Also, I noticed that the system has changed a bit (WMA 8 is now 12 and the RSI 14, 70, 30 was added). Are people now trading on the 5/12 cross and comparing with the RSI either above or below 50 to confirm? I have the ability to sit in front of my computer for most of the day because I work from home. Which timeframe would work best for me, 1H, 30Min or 15Min?


Pipdog,

Metatrader 4 is a free charting package, you will find links somewhere on the FF forums just enter a general search.

With regard to setup you will pick up the current setings by reading all the previous posts.

Timeframe is matter for you to decide this largly depends on your tolerance to risk. No method is risk free, employing a set of trading rules together with strict money management will pay you rich dividends.

BabeFX.
Thanks in advance!!!
  • #1,704
  • Dec 21, 2006 11:46am Dec 21, 2006 11:46am
Yo Pip Dog-
With the tools available here on the forum, you can set up MT with a Sidus crossover alert that will make the noise of your choice <grin>. Someone even posted a .wav file that sounds like the ones they use in old movies when a battle ship is sounding Battle Stations! That'll pull you away from any TV program or put you on the floor if you are asleep.LOL
As mentioned MT is free and wow it is great. Take it from someone whose bought a few commercial charting programs for futures and equity trading. The best thing about MT is the indicators that have been written for about any purpose. You can download a insert them to tailor a trading system the way that suits you. The learning curve is not bad and worth all the time you put into it. I've NEVER had a crash and I keep up two charts on all major pairs, my broker's window, a chat window and another charting program for trading the Dow Emini. I use a moderately powered laptop from Gateway that I paid $600 for a couple months ago. I do have DSL but it's the "lite" version, not max broadband.

[quote=BabeFX]
Quoting pipdogg
Hey All,

I currently trade through OANDA. I was following this thread a long time ago when I had a demo account and was very curious about this system. I was wondering, can this system be done confidently using OANDA's built in charting software? How much does Metatrader 4 cost, and is it worth getting seeing as how OANDA's is free and seems to work the same.

Also, I noticed that the system has changed a bit (WMA 8 is now 12 and the RSI 14, 70, 30 was added). Are people now trading on the 5/12 cross and comparing with the RSI either above or below 50 to confirm? I have the ability to sit in front of my computer for most of the day because I work from home. Which timeframe would work best for me, 1H, 30Min or 15Min?


Pipdog,

Metatrader 4 is a free charting package, you will find links somewhere on the FF forums just enter a general search.

With regard to setup you will pick up the current setings by reading all the previous posts.

Timeframe is matter for you to decide this largly depends on your tolerance to risk. No method is risk free, employing a set of trading rules together with strict money management will pay you rich dividends.

BabeFX.
Thanks in advance!!!
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #1,705
  • Dec 22, 2006 1:39am Dec 22, 2006 1:39am
Awesome! Gee Seven and BabeFX thanks for your help, I mucked around with MetaTrader about 3 days ago.. I have it pretty much nailed down now as far as how to use it with indicators, inserting EA's, and all the rest.

I'm curious to know now what (if any) modifications to the Original Sidus Method are out there..

Is it WMA 5 & 12 now?, There was an RSI added? Can someone just post a quick update for me?

Thanks!

PipDoggie
  • #1,706
  • Dec 22, 2006 9:16am Dec 22, 2006 9:16am
... so has anyone built an EA of the sidus system?

merry x-mas to you all.
cash4u2
  • #1,707
  • Dec 22, 2006 10:28am Dec 22, 2006 10:28am
Seems that this system has kept a core belief but there are a lot of variations on that theme. If you read the entire thread you'll see how it has morphed about. It seems pretty much agreed that the moving avgs. are the 12 and 5 now and that they are standard EMAs. The crossover of the two are the primary signal. Added to this is the RSI. Some have kept the 21 as I believed was orginal but others (Sidus himself?) have changed to the 14 RSI. Actually there is very little difference when you set them up side by side. The rule on the RSI is it should be >than the 50 line to go long and <than the 50 to be short. (Or at least headed that way) Others have tweaked it with various occilators that all are meant to show over/under sold conditions.Some may be using other favorite indicators based on anything from candle bar sizes to moon phases. Whatever!

When trading any system keep your wits about you. Don't blindly take every signal. Sometimes you can get wipsawed mercilessly during a consolidation. Also you can crossover into a support or resistance zone that will bounce you back on your tushy and then some. The Sidus (also the Bagovino) are change or return to trend following systems. They work best with a strong dose of common sense. I'd not personally run either on and auto trading EA. Just my opinion. I tend to be a control freak and like to push my own buttons on trades and the TV remote <grin>. This method looks good on daily time frame and hourly. I've not monitored or traded it on any others. I have looked at it on shorter TF but because of the pip spreads involved you will get dimed out or take too little profit many times to make it worthwhile. I don't know any scalping method that I'd use on the Forex. I do scalp the Dow Emini (YM) with success but with an entirely different system from Ryan Watts (google).

Quoting pipdogg
Awesome! Gee Seven and BabeFX thanks for your help, I mucked around with MetaTrader about 3 days ago.. I have it pretty much nailed down now as far as how to use it with indicators, inserting EA's, and all the rest.

I'm curious to know now what (if any) modifications to the Original Sidus Method are out there..

Is it WMA 5 & 12 now?, There was an RSI added? Can someone just post a quick update for me?

Thanks!

PipDoggie
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #1,708
  • Dec 22, 2006 10:48am Dec 22, 2006 10:48am
Quoting cash4u2
... so has anyone built an EA of the sidus system?

merry x-mas to you all.
cash4u2
Sorry, if i'm wrong. Flyers EA base on sidus method.

http://www.forexfactory.com/forexfor...ad.php?t=11153
  • #1,709
  • Dec 23, 2006 2:33pm Dec 23, 2006 2:33pm
Quoting Sidus
Hi Merlin,

I would like that. But I don't have time to moderate it. I also would like the old thread continues to exist in the main folder and in the new one. Thanks
hmm...we would need someone to moderate the forum, so if you cant do that it doesnt make much sense to setup the sub-forum. unless you want to nominate someone to mod for you?

also, we cant have two threads exist in two places. we can create a "redirect" from the trading system forum to the Sidus forum, but thats as fancy as it gets i think.
Relax and be happy.
  • #1,710
  • Dec 23, 2006 2:35pm Dec 23, 2006 2:35pm
Quoting skyline
Hi Merlin, since you are creating new subforums , could you open one for OrangeRoshan's method ?
i can, if he wants one. if you talk to him regularly have him email me with website form and i can get it setup with him.
Relax and be happy.
  • #1,711
  • Dec 24, 2006 11:52am Dec 24, 2006 11:52am
Quoting merlin
i can, if he wants one. if you talk to him regularly have him email me with website form and i can get it setup with him.
Ok,no problem. If anyone is interested in moderating, pm me.
(+100 posters only please)
  • #1,712
  • Dec 25, 2006 3:58am Dec 25, 2006 3:58am
Sidus, where is you NEW ssystem? We are waiting... ...
  • #1,713
  • Dec 25, 2006 8:27am Dec 25, 2006 8:27am
Although I am interested in the latest method (which I understand is still in beta). I would be interested in knowing where, in 1 location, I can find all the latest directions, indicators, etc. which will allow me to impliment this strategy. I am new on this board, and trying to read all 100+ pages of posts to glean these few nuggets is very time consuming. Can anyone help?
  • #1,714
  • Dec 27, 2006 5:24pm Dec 27, 2006 5:24pm
Quoting vlange
Although I am interested in the latest method (which I understand is still in beta). I would be interested in knowing where, in 1 location, I can find all the latest directions, indicators, etc. which will allow me to impliment this strategy. I am new on this board, and trying to read all 100+ pages of posts to glean these few nuggets is very time consuming. Can anyone help?
READ first post. thas is all.
  • #1,715
  • Dec 30, 2006 6:56pm Dec 30, 2006 6:56pm
I downloaded Sidus indicator and getting only one red line (instead of two) and yellow line. how to get the exact same indicator as sidhus.
Thanks
Find an Edge. Only way to succeed in this business.
  • #1,716
  • Dec 30, 2006 7:12pm Dec 30, 2006 7:12pm
Quoting jattputt
I downloaded Sidus indicator and getting only one red line (instead of two) and yellow line. how to get the exact same indicator as sidhus.
Thanks
If you go to the first post you can download the instructions. All you need to do is put in 4 MAs onto a chart and set them as a template. It is an 18 and 28 EMA, both red, and your 5 WMA which is blue and your 8 WMA which is yellow. Admittedly some of us are using a 12 WMA rather than an 8 WMA, but you can read the whole thread and make up your mind or just pick one and try it out. Sidus uses these on a 1H chart, although he says that a 30M chart is acceptable, but that there will be more whipsaws.

For the complete information on the use of the indicator, once you have it loaded into your computer, you will just have to read the download from that first post.

Good luck and good trading.
  • #1,717
  • Dec 31, 2006 9:23am Dec 31, 2006 9:23am
Thanks moonchild for your help. Really appreciate it.
Find an Edge. Only way to succeed in this business.
  • #1,718
  • Jan 1, 2007 9:55am Jan 1, 2007 9:55am
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
  • #1,719
  • Jan 1, 2007 11:25am Jan 1, 2007 11:25am
Quoting maihua
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
I believe that you are submitting a positive comment or report.........If so congratulations!
  • #1,720
  • Jan 6, 2007 5:20pm Jan 6, 2007 5:20pm
Quoting maihua
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Чувак, не надо здесь делать такое. ато и забанить на веки могут.
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