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New Sidus Method v2.0

  • #81
  • Feb 23, 2007 1:35am Feb 23, 2007 1:35am
Quoting Bobokus
Dont know if anyone has made an EA for your method yet but i made a quick version for everyone to play with, maybe someone with more programming experience can take it to the next level. It tests pretty good on Alpari M1 data , but forward testing is an unknown as of yet. maybe someone with the time can tune it with a demo account.
thanks Bobokus.your indicator is very useful for other method as well
  • #82
  • Feb 23, 2007 8:59am Feb 23, 2007 8:59am
Hi Sidus -

I've been very profitable with your original version, but have been forward testing this new one, and it looks even better. Thanks for your efforts in synthesizing other techniques.

Now if we can just push the refinement of the EA that's been started for this method - we'll be set.

IMHO - the key to a successful EA will be for it remain SIMPLE and true to original intent of The Sidus Method v.2. We will ALWAYS experience whipsaws and subsequent losses. But trying to eliminate those altogether will likely produce something that's much less robust than what we already have in hand.

Clone away, coders. You've already got the road map! Let's clone first - and then attempt to tune it up from that point, if you see room for improvement.
  • #83
  • Feb 25, 2007 11:49am Feb 25, 2007 11:49am
Added a Lots Optimization script to the EA. Auto adjusts lot size based on account balance. The test was from Jan,2006 to Feb,2007. on Alpari M1 data, EA maxes out lot size after a couple of months and stops trading. Again realtime trading even in Demo will not be the same because even the Alpari data cannot simulate real time trading conditions. But the results are very good.

Bars in test 8006
Ticks modelled 988923
Modelling quality 90.00%
Initial deposit 1000.00
Total net profit 1013991.18
Gross profit 1177403.53
Gross loss -163412.35
Profit factor 7.21
Expected payoff 1444.43
Absolute drawdown 34.96
Maximal drawdown 31115.14 (6.89%)
Relative drawdown 17.52% (332.96)
Total trades 702
Short positions (won %) 484 (89.05%)
Long positions (won %) 218 (83.03%)
Profit trades (% of total) 612 (87.18%)
Loss trades (% of total) 90 (12.82%)
Largest
profit trade 39396.41
loss trade -19074.75
Average
profit trade 1923.86
loss trade -1815.69
Maximum
consecutive wins (profit in money) 62 (249353.99)
consecutive losses (loss in money) 3 (-31115.14)
Maximal
consecutive profit (count of wins) 489298.17 (21)
consecutive loss (count of losses) -31115.14 (3)
Average
consecutive wins 9
consecutive losses 1
Attached File(s)
File Type: mq4 Sidus_EA_VII.mq4   5 KB | 3,095 downloads
  • #84
  • Edited 1:22pm Feb 25, 2007 1:03pm | Edited 1:22pm
First all, I found your EA used future data as indicator:

double RSI=iRSI(NULL,0,21,PRICE_CLOSE,0);
double Price = iOpen(Symbol(), NULL, 0);
double Trigger=iMA(NULL,0,6,0,MODE_EMA,PRICE_CLOSE,0);
double MA1=iMA(NULL,0,18,0,MODE_EMA,PRICE_CLOSE,0);
double MA2=iMA(NULL,0,28,0,MODE_EMA,PRICE_CLOSE,0);

Reference to bar[0] is not reliable since it will create beautyful backtest result but poor live trading. All bar[0] refered EA are looking good (mostly 'too good') with backtesting but all of them had failed in forward testing.

If you change the bar[0] reference to bar[1], the result will be more trustable:

double RSI=iRSI(NULL,0,21,PRICE_CLOSE,1);
double Price = iClose(Symbol(), NULL, 1);
double Trigger=iMA(NULL,0,6,0,MODE_EMA,PRICE_CLOSE,1);
double MA1=iMA(NULL,0,18,0,MODE_EMA,PRICE_CLOSE,1);
double MA2=iMA(NULL,0,28,0,MODE_EMA,PRICE_CLOSE,1);


By the way, although change it to bar[1] will produce many loss and lower the win rate, your EA sill show very good final profit. I think it is very worth to continue your development and optimization.
- Ray Tracy - Novice forex trader from GMT+8
  • #85
  • Feb 25, 2007 1:47pm Feb 25, 2007 1:47pm
Thanks for the info will try that!
  • #86
  • Feb 26, 2007 4:06am Feb 26, 2007 4:06am
Quoting Bobokus
Dont know if anyone has made an EA for your method yet but i made a quick version for everyone to play with, maybe someone with more programming experience can take it to the next level. It tests pretty good on Alpari M1 data , but forward testing is an unknown as of yet. maybe someone with the time can tune it with a demo account.
Hi,

I believe Sidus method is very interesting and thanks a lot for writing an EA.
But Sidus use RVI indicator and your Ea use RSI. Are they similar or did you notice that RSI was more reliable than RVI ?
Thanks

Thierry
  • #87
  • Feb 26, 2007 9:45am Feb 26, 2007 9:45am
Quoting thierrybl
Hi,

I believe Sidus method is very interesting and thanks a lot for writing an EA.
But Sidus use RVI indicator and your Ea use RSI. Are they similar or did you notice that RSI was more reliable than RVI ?
Thanks

Thierry
Actually this is my first time writing an EA and my programming skills are somewhat limited at this time so I used an RSI as it was easier to program into the EA. I chose the Sidus method because i have traded it manually with success. Posted it here in hopes that one of these programming Guru's on these forums would help make it successful and show me where I made mistakes in the EA so i can improve my skills.
  • #88
  • Mar 1, 2007 9:06am Mar 1, 2007 9:06am
Hi everyone,

I am new in this thread, actually, I don't even know about sidus I, I decided to try this method starting this week, and this one truly has been a great week for this methods if JPY crosses is about...I am riding USD/JPY and GPY/JPY down, and I think we are getting the confirmation cross on EUR/USD for tomorrow...
But I need some advice here...since I am newbie in FX, I'd appreciate for any trader who would like to share any indicator based exit strategy for this method, because Sidus lets the exit to each trader's discretion, an as said, since i am a rookie, I have no such discretion well developed yet...

Any advise will be strongly appreciated...

Best regards.
  • #89
  • Mar 1, 2007 5:59pm Mar 1, 2007 5:59pm
Hi Sidu,

I am new to forex and to this forum. Thank you very much for posting your method. It looks simple to use and I would like to try it. I am using MetaTrader demo account. I don't know which of the RVI lines should be blue and red. Should the first one (RVI style) or the second one (Signal line style) be blue? Will sure appreciate your reply.
Thanks.
  • #90
  • Mar 1, 2007 6:05pm Mar 1, 2007 6:05pm
Quoting elixir1005
Hi Sidu,

I am new to forex and to this forum. Thank you very much for posting your method. It looks simple to use and I would like to try it. I am using MetaTrader demo account. I don't know which of the RVI lines should be blue and red. Should the first one (RVI style) or the second one (Signal line style) be blue? Will sure appreciate your reply.
Thanks.
Hi, welcome to the forum,
I set blue the first (RVI) and red the second (signal) but I really don't think it is so important the colour as long as you are able to identify the cross...

Hope this helps...

Regards.
  • #91
  • Mar 1, 2007 7:05pm Mar 1, 2007 7:05pm
Hi FX Samurai,

Thank you for your reply. I appriciate your speedy help.
Sidus instucts us to watch for the blue RVI crossing the red RVI. He never said anything about the red crossing the blue. In the charts quite a few times I found the red crossing the blue & sometimes there is confirmation.
But I do not know if I should get in a trade. That is why I wanted to be sure
about the colors of the lines. Can you help me here.

Regards
elixir1005
  • #92
  • Mar 10, 2007 12:08pm Mar 10, 2007 12:08pm
I'm new and couldn't find the link to the pdf attachment of the v2. Can someone post the link please? I've searched and searched!

Thank you
  • #93
  • Mar 10, 2007 12:58pm Mar 10, 2007 12:58pm
I have also been unable to get it. Maybe somrone could give a verbal description.
  • #94
  • Mar 11, 2007 2:34pm Mar 11, 2007 2:34pm
Where's the freakin pdf dimrod????
  • #95
  • Mar 12, 2007 11:38am Mar 12, 2007 11:38am
I too am looking for the method, anyone know where it is?
  • #96
  • Mar 12, 2007 4:12pm Mar 12, 2007 4:12pm
...
Attached File(s)
File Type: pdf Sidus Method v2.pdf   93 KB | 3,990 downloads
  • #97
  • Mar 12, 2007 4:32pm Mar 12, 2007 4:32pm
Thanks brava. You made everyone happy today.

Quoting brava
...
  • #98
  • Mar 14, 2007 8:11am Mar 14, 2007 8:11am
Hi there,

Anyone know how to get the indicator sidius_bago to work in MT4? It is greyed out when I look to insert it from the custom list.

Thanks,

theFXGoods
  • #99
  • Mar 15, 2007 2:11pm Mar 15, 2007 2:11pm
Quoting theFXGoods
Hi there,

Anyone know how to get the indicator sidius_bago to work in MT4? It is greyed out when I look to insert it from the custom list.

Thanks,

theFXGoods
С:\Program Files\MT4\experts\indicators
  • #100
  • Mar 15, 2007 3:06pm Mar 15, 2007 3:06pm
Quoting Bobokus
Here is a little Crossover indicator to go along with it. It if fully adjustable to use with any method MA or period.
Is it possible to make an alert for this indicator? Thanks a lot.
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