New Sidus Method v2.0

Quoting LarianVonLich

Disliked

I use Sidus method v1 with 2 additional
indicators: FX_Sniper's_Ergodic_CCI_Trigger (4, 8, 5, 4) and FX_Sniper's_T3_CCI (21, 5)with WMA 4

This is very good for traiding. If you want, try it.

Ignored

Quoting mickeymickey

Disliked

Sidus, have you made any progress on an exit strategy? I've been trading your system on GBPUSD 1H charts and have found it to be very effective. The only problem is that I'm never quite sure when to exit a trade.

At times I've found that using 18,28,9 on an MACD can predict some good exit signals when the MACD crosses the signal line. However, I have not tested this idea enough to say for certain how effective this strategy is. Over the past few weeks though, it looks as though it gives an exit signal when the majority of a trend is over. I'm sure the settings on the MACD can be improved for use as an exit signal. I just thought I'd offer that up as something to look into. I'm going to start testing it over the next few weeks and maybe make an EA to test it out.

Ignored

Quoting trader69

Disliked

i use rsi for exit strategy. on a short, when rsi gets to 30 or below, pair has usually spun itself out. on the upside, once pair gets over 70, same thing applies. i realize that sometimes it backs off and then keeps going in your direction, but you gotta remenber this: you can't get all the pips, and noboby ever went broke taking profits.

Ignored

Quoting mickeymickey

Disliked

Sidus, have you made any progress on an exit strategy? I've been trading your system on GBPUSD 1H charts and have found it to be very effective. The only problem is that I'm never quite sure when to exit a trade.

Ignored

Quoting trader69

Disliked

i use rsi for exit strategy. on a short, when rsi gets to 30 or below, pair has usually spun itself out. on the upside, once pair gets over 70, same thing applies. i realize that sometimes it backs off and then keeps going in your direction, but you gotta remenber this: you can't get all the pips, and noboby ever went broke taking profits.

Ignored