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New profitable System - Sidus

  • #101
  • Jul 17, 2006 4:28am Jul 17, 2006 4:28am
Yardie told me that Sidus is a very promising method. Thanks Sidus. Yardie also asked me - as he knows I've programed a few EAs - to code an Sidus-EA. So I'm gonna start right now. I hope you, Sidus, accept anybody issuing an EA for you strategy. If not, just tell me.
I'll keep you posted about the development.

PS: Since it's a really easy trend following strategy I can't promiss that it will be a sucess. Quite the opposite, I am pretty sceptical. However, I have some ideas in mind to improve Sidus. Keep me posted about your forward testing of Sidus. It is really important to know for a programer if you are sucessfully trading using Sidus.
  • #102
  • Jul 17, 2006 6:12am Jul 17, 2006 6:12am
Hey Tradeigel thanks for taking up the challenge I am sure no one would mind you coding an EA and lots of us would test it out.

Quoting tradeigel
Yardie told me that Sidus is a very promising method. Thanks Sidus. Yardie also asked me - as he knows I've programed a few EAs - to code an Sidus-EA. So I'm gonna start right now. I hope you, Sidus, accept anybody issuing an EA for you strategy. If not, just tell me.
I'll keep you posted about the development.

PS: Since it's a really easy trend following strategy I can't promiss that it will be a sucess. Quite the opposite, I am pretty sceptical. However, I have some ideas in mind to improve Sidus. Keep me posted about your forward testing of Sidus. It is really important to know for a programer if you are sucessfully trading using Sidus.
  • #103
  • Jul 17, 2006 10:33am Jul 17, 2006 10:33am
Quoting ktrade
Orange,
On your chart : Right Click : Properties: Colors : Background (change to White)/Foreground (change to a dark color)

Also, you should save a copy of each chart/trade: File - Save as Picture
Hehehe, what i mean is when posting charts, it would be nice when the background is white. Its easier on the eyes & uses less black ink.

Thanks ktrade.
Change Your Thinking. Change Your Life - JD
  • #104
  • Jul 17, 2006 11:08am Jul 17, 2006 11:08am
I think I will post the EA after Sidus will have posted the 2nd version.
  • #105
  • Jul 17, 2006 2:27pm Jul 17, 2006 2:27pm
Quoting tradeigel
I think I will post the EA after Sidus will have posted the 2nd version.
I was thinking that placing my orders by hand would be ok, but what I'd really like to have is an EA that will manage my trades and exits for me.

Once I place a trade, I'd like an EA that would allow me to take profits on X number of lots at certain pip levels and then exit out all trades at the crossing of the 5 & 8 ema's. I guess the ability to add trailing stop losses to the lots would be nice as well for those would like that... If you wanted to go that far.

Would this be easier to do?


Jason
  • #106
  • Jul 17, 2006 4:03pm Jul 17, 2006 4:03pm
Am I missing something or what?! Respectfully I say; I am trying to understand why there is such excitment for this so-called new method since there are any number of other lagging indicators that will do the exact same as Sidus does? And furthermore why would anybody take the time to write an EA that requires coding for crossings of WMAs and then crossings of "Tunnel" EMAs etc when it would be MUCH easier to write one that simply follows the Parabolic SAR indicator price changes? Look at the attached Word file to see just how closely the SAR indentifies the entries and exits of the exact same trends/trades as this Sidus method and, mind you, with a lot less required work from the trader... just follow the yellow brick road (Parabolic SAR settings are: Step=0.05 Maximum=0.09).


Sir Pips Alot
Attached File(s)
File Type: doc SAR vs Sidus.doc   313 KB | 2,597 downloads
  • #107
  • Jul 17, 2006 4:12pm Jul 17, 2006 4:12pm
its2die4 is right, guys. It's nothing new. That's why I said that I am gonna wait. I will code an EA if Sidus's new version is promising. Really, try this strategy with Parabolic SAR, it's probably not so much different. It's just one of those simple trend-following systems.
Right now I would rather recommend Phoenix (search this forum for Phoenix). Phoenix is a more developed, more promising EA. Also, nobody needs to code an EA for Phoenix, it's already there; in various versions. The most recent one is v2.0. Go get it and try it.
However, for certain market conditions the Sidus method will work pretty well and it's much aesier than most other systems.
  • #108
  • Jul 17, 2006 9:00pm Jul 17, 2006 9:00pm
Quoting its2die4
Am I missing something or what?! Respectfully I say; I am trying to understand why there is such excitment for this so-called new method since there are any number of other lagging indicators that will do the exact same as Sidus does? And furthermore why would anybody take the time to write an EA that requires coding for crossings of WMAs and then crossings of "Tunnel" EMAs etc when it would be MUCH easier to write one that simply follows the Parabolic SAR indicator price changes? Look at the attached Word file to see just how closely the SAR indentifies the entries and exits of the exact same trends/trades as this Sidus method and, mind you, with a lot less required work from the trader... just follow the yellow brick road (Parabolic SAR settings are: Step=0.05 Maximum=0.09).


Sir Pips Alot

I don't agree. It seems to me that the Parabolic SAR is more general and doesn't hit the entry and exit timing nearly as well as using the MA's. I've looked at the SAR with the settings you suggest and while it does "generally" follow the same trend, I don't think it has nearly the same accuracy. Now, you might be able to modify the settings to do so - I don't know. But if you take the 4hr USD/CAD, the SAR overlaps changing trends greatly while the moving averages were far more accurate.

I think another issue with using the SAR is it takes longer for people to get used to an indicator that displays the way it does. We're simply used to moving averages and the way they more directly appear to relate to the pricing. Not that this is a valid reason to discount it's legitimacy as an indicator mind you..

But, if it works for you, then that's all that really matters in the end. Each to his own, no?

J
  • #109
  • Jul 19, 2006 4:14am Jul 19, 2006 4:14am
Hi,

I was curious to find out when you think Sidus Method 2 will be available.
Keep up the good work!
  • #110
  • Jul 19, 2006 8:12am Jul 19, 2006 8:12am
Quoting Sidus
Good news to you all,

I'm succesfully (manually) backtesting my own system called 'The Sidus Method'.
In essence it is a combination between BGX and Vegas Tunnels.
I get great results with it.

You can find the pdf for downloading attached!
Please test it and send me your opions!
Thanks


Sidus










Dear Sidus,

I have few question on your system.

1) What is the best time frame to use your method for EUR/USD?
2) When is your 2nd version Sidus will be available?


Thank you.



Yacob I dive the market without Fear.
  • #111
  • Jul 19, 2006 12:45pm Jul 19, 2006 12:45pm
Quoting tradeigel
its2die4 is right, guys. It's nothing new. That's why I said that I am gonna wait. I will code an EA if Sidus's new version is promising. Really, try this strategy with Parabolic SAR, it's probably not so much different. It's just one of those simple trend-following systems.
Right now I would rather recommend Phoenix (search this forum for Phoenix). Phoenix is a more developed, more promising EA. Also, nobody needs to code an EA for Phoenix, it's already there; in various versions. The most recent one is v2.0. Go get it and try it.
However, for certain market conditions the Sidus method will work pretty well and it's much aesier than most other systems.
I like Sidus method. It easier to read than the parabolic sars. I also found out a few cool stuffs when you use on 1hr GBP/USD. See when you can spot it. Ive made over 1000pips a week for the past weeks.

Yes, we are excited, not because we havent seen anything like it before, but, its simplicity & accuracy especially with GBP/USD is simply Pipastic!

Sidus, keep up the good work. Your system coupled with Vegas 1hr tunnel is really a winner. Cant wait to see the part 2. Welldone my friend and thank you for sharing it!
Change Your Thinking. Change Your Life - JD
  • #112
  • Jul 19, 2006 1:17pm Jul 19, 2006 1:17pm
Quoting OrangeRoshan
Yes, we are excited, not because we havent seen anything like it before, but, its simplicity & accuracy especially with GBP/USD is simply Pipastic!
totally agree!!!
CRAIGSLIST BARTERING CHAMPION
  • #113
  • Jul 19, 2006 3:56pm Jul 19, 2006 3:56pm
Quoting OrangeRoshan
I like Sidus method. It easier to read than the parabolic sars. I also found out a few cool stuffs when you use on 1hr GBP/USD. See when you can spot it. Ive made over 1000pips a week for the past weeks.

Yes, we are excited, not because we havent seen anything like it before, but, its simplicity & accuracy especially with GBP/USD is simply Pipastic!

Sidus, keep up the good work. Your system coupled with Vegas 1hr tunnel is really a winner. Cant wait to see the part 2. Welldone my friend and thank you for sharing it!
Orangeroshan
How do you coupled Sidus Trading system with Vegas 1H trading system?
You use everything of both or you just implement only one part of both systems?
Thanks
  • #114
  • Jul 19, 2006 4:35pm Jul 19, 2006 4:35pm
i noticed on the pdf you said to exit when the red and yellow WMA cross each other, yet on the charts you include it seems you wait till the red tunnel crosses.

which is correct?

thanks!
  • #115
  • Jul 19, 2006 4:53pm Jul 19, 2006 4:53pm
never mind... i did not look at all the pages to the thread.
  • #116
  • Jul 19, 2006 5:25pm Jul 19, 2006 5:25pm
I must be missing something. If somebody could be so kind as to correct me, that would be great.

According to the pdf, the trade is entered only when the WMAs cross the EMAs and the EMAs are "extremely narrow" or crossed.

Exactly what constitutes "extremely narrow" according to the method?

As others have mentioned, the WMAs often cross the EMAs 5 or more bars before the EMAs cross.

Do you enter just on the WMA cross of the EMAs, or do you wait for the whole EMA cross to occur much later?

"Extremely narrow" can mean anything to anybody. I guess what Sidus means is what matters to the method. The pictures and examples in the pdf just show entry and exit upon crossed EMAs alone. That kinda threw me off a bit.

Any help from others who already dealt with this would be appreciated. Thanks, Sidus, for the time and effort in your manual.
  • #117
  • Jul 19, 2006 5:35pm Jul 19, 2006 5:35pm
Quoting Gorilla
I must be missing something. If somebody could be so kind as to correct me, that would be great.

According to the pdf, the trade is entered only when the WMAs cross the EMAs and the EMAs are "extremely narrow" or crossed.

Exactly what constitutes "extremely narrow" according to the method?

As others have mentioned, the WMAs often cross the EMAs 5 or more bars before the EMAs cross.

Do you enter just on the WMA cross of the EMAs, or do you wait for the whole EMA cross to occur much later?

"Extremely narrow" can mean anything to anybody. I guess what Sidus means is what matters to the method. The pictures and examples in the pdf just show entry and exit upon crossed EMAs alone. That kinda threw me off a bit.

Any help from others who already dealt with this would be appreciated. Thanks, Sidus, for the time and effort in your manual.

Hey gorilla, Ive had some pretty decent results trading before the whole ema because usually when the wmas cross then the emas are going to also. I havent really had to much of a problem with whipsaws because i just go for a quick 20 to 30 pips. Ive noticed above that amount that whipsaws will sometimes happen. Thanx for you time.
I dream, therefore I become.
  • #118
  • Jul 19, 2006 5:45pm Jul 19, 2006 5:45pm
Hi,
I'm having dufficulties in setting up the Moving Averages. For the EMA, do I need to set the Moving Average to Exponential Low, High, Close, Open, Median Price, Typical Price or Weighted Close? Same question for setting up the WMA?
Thank you.
  • #119
  • Jul 19, 2006 6:05pm Jul 19, 2006 6:05pm
Quoting astarflier
Hi,
I'm having dufficulties in setting up the Moving Averages. For the EMA, do I need to set the Moving Average to Exponential Low, High, Close, Open, Median Price, Typical Price or Weighted Close? Same question for setting up the WMA?
Thank you.
If you look at the label (EMA) that tells you it's an Exponential MA, (WMA) is a Weighted MA
As I remember all based on close
Peter
  • #120
  • Jul 19, 2006 6:14pm Jul 19, 2006 6:14pm
Quoting Spectre2006
Imagine designing a system with artificial life modeling using super computers with genetic algorithms. Expose this artificial life to world derivative prices, and let the successful ones reproduce. The artificial life would have neural networks in place, and pattern recognition technology to sift through years of historical data to spot patterns and trends and execute.

Thats the future your looking at, and its closer then you think. As a trader you will be competing with computer systems without emotion. I think some of the large trading houses are already doing this.

wait.. that's exactly what I read in popular science. I forgot what he did what his supercomputer, but he's making a lot of money for sure.

sidus: I finally got through the pages of posts and found your new system to be wonderfully simple and reliable during non major news periods, as most others have said. And going for the small profits during whipsaw times is good too. If you add in fibo stop loss and profit taking as Vegas like to do, I think this system can really go far.

Great Stuff man!
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