New profitable System - Sidus | Page 26 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sidus-EMA RSI & Sidus V3 indicators that need to be fixed 18 replies

New Sidus Method v2.0 186 replies

Sidus System confirmation' indicator? 52 replies

New Sidus Method v2.0 is available 6 replies

Post your Sidus Method add on indicators here. 5 replies

Attachments: New profitable System - Sidus
Exit Attachments

New profitable System - Sidus

  • #501
  • Jul 31, 2006 9:34pm Jul 31, 2006 9:34pm
hi guys, i went short on eur/usd at 1.2755 and closed my trade at 1.2740 for a small profit following the system. i did follow the system but i still dont think this system is foolproof. it still has fake signals...





Quoting traderone
It looks like a valid signal at about 1.2764 or certainly by the 00:00 bar at 1.2761. Probably no reason to panic ... yet!

But , I don't usually trade the EUR or GBP at this time of day.
  • #502
  • Jul 31, 2006 10:12pm Jul 31, 2006 10:12pm
But of course it isn't "fool proof" - if it was then we wouldnt need to continue discussing the matter in this thread correct?

Well it appears that GBPUSD made the expected 20 pips on that signal bu I only played the EURO this time (unfortunately). Oh well still no lose nontheless so that is good... I've closed the trade out with few pips.


Quoting keremo
hi guys, i went short on eur/usd at 1.2755 and closed my trade at 1.2740 for a small profit following the system. i did follow the system but i still dont think this system is foolproof. it still has fake signals...
  • #503
  • Jul 31, 2006 10:26pm Jul 31, 2006 10:26pm
Hello Renasdad
Would you kindly attach the above indicator. It sounds
very familiar but I cannot remember the thread where
it was given. May be you can give the other indicator
also which you mentioned.
Senbanda
  • #504
  • Jul 31, 2006 11:19pm Jul 31, 2006 11:19pm
regarding the comments on the recent losses, you need to factor in some old fashioned support and resistance. with eur/usd in particular, the price has been hovering around the 76% fib (1.2775 ish) from the most recent 1.2862-1.2453 downmove and needs some momentum to break through it. The system set up for a couple of longs on last Friday and hit the brakes in this area. The above mentioned range has been the case for a couple of months now. With a slew of data this week and next, I could see the U$D gaining some strength towards the bottom of the range again, amidst some volatility with all the economic announcements, and the tell tale sign of a strong insurgence through the psychological 1.3000 mark could happen if the FOMC decides to end the tightening. As obvious as this may seem I could see the big Dawgs toying with the price for a while (hours/days ???) before seeing the strong move up. I feel we're on the verge of a fundamental shift. All other things aside, I feel this is a great, simple system that needs logic and some fundamental analysis to weed out the false signals. Just my 2 sense in it. MA crosses have their pitfalls but using your brain to filter out the falsies is a key element to success to trade this way. Hope this helps.

Manny
  • #505
  • Jul 31, 2006 11:58pm Jul 31, 2006 11:58pm
Sidus tunnels just crossed on EUR/USD H1, fib #s now come into play.
Target: Trading naked.
  • #506
  • Aug 1, 2006 12:03am Aug 1, 2006 12:03am
Hopefully it running toward vegas tunnel.
Target: Trading naked.
  • #507
  • Aug 1, 2006 12:10am Aug 1, 2006 12:10am
30min cross'es are workin really well, so cool.
  • #508
  • Aug 1, 2006 12:13am Aug 1, 2006 12:13am
Hi guys and girls,
I've been following this thread from day one and have been trying to keep up with it on daily basis.
As we will soon get to page 35 on this thread, can I recommend we make a quick pause and do a GENERAL recap for everyone new on the thread as more and more often the questions seems to pop up. I could also use a good recap as more and more of us are exploring/trying different things with different pairs (no offence).
As some recommended using only both time frame by combining both charts, etc... it starts to get a bit confusing now.
I hope the EA will be ready soon for those who want to trade with it. I look forward to Sidus v.2, but before we get to that could we come up with a standard rule for everybody to follow for now.
Thanks to all for making this possibly the best threat ever on this forum and keep up the good work!
  • #509
  • Aug 1, 2006 12:14am Aug 1, 2006 12:14am
all signs are showing for eur/usd short... am i right? i hope i'm reading the charts right..
  • #510
  • Aug 1, 2006 12:33am Aug 1, 2006 12:33am
The window has already passed a while back...at least on the 30 minute chart.



Quoting keremo
all signs are showing for eur/usd short... am i right? i hope i'm reading the charts right..
  • #511
  • Aug 1, 2006 12:37am Aug 1, 2006 12:37am
basically what we need to do then is enter just as the lines are crossing, not after they've crossed?? is that right? however what i'm seeing is by the time rsi confirms it might too late? or am i not on the dot?




Quoting Yardie
The window has already passed a while back...at least on the 30 minute chart.
  • #512
  • Aug 1, 2006 12:39am Aug 1, 2006 12:39am
Well if the line cross and the RSI then goes below 50 then you can go for the short. Renasdad suggest RSI of 49 or even 48 as confirmation of a SHORT. Right now the RSI is about 37.


Quoting keremo
basically what we need to do then is enter just as the lines are crossing, not after they've crossed?? is that right? however what i'm seeing is by the time rsi confirms it might too late? or am i not on the dot?
  • #513
  • Aug 1, 2006 12:52am Aug 1, 2006 12:52am
lets face it we will get wins and losses with any system, so if we can win more than we lose and you work out an average win ratio and make your stop loss say one third of that we could be in the net winners circle.
anybody back tested and come up witha win/loss %?
PS gb/us 30m just signaled sell, 1 hr waiting for tunnel x.
  • #514
  • Aug 1, 2006 12:57am Aug 1, 2006 12:57am
GBPUSD signalled SELL a long time ago..now its being reflected on the one hour chart...but you could have gained about 25 pips by entering on the 30 minute chart.

Quoting yorksh1repud
lets face it we will get wins and losses with any system, so if we can win more than we lose and you work out an average win ratio and make your stop loss say one third of that we could be in the net winners circle.
anybody back tested and come up witha win/loss %?
PS gb/us 30m just signaled sell, 1 hr waiting for tunnel x.
  • #515
  • Aug 1, 2006 3:33am Aug 1, 2006 3:33am
Quoting astarflier
Hi guys and girls,
I've been following this thread from day one and have been trying to keep up with it on daily basis.
As we will soon get to page 35 on this thread, can I recommend we make a quick pause and do a GENERAL recap for everyone new on the thread as more and more often the questions seems to pop up. I could also use a good recap as more and more of us are exploring/trying different things with different pairs (no offence).
As some recommended using only both time frame by combining both charts, etc... it starts to get a bit confusing now.
I hope the EA will be ready soon for those who want to trade with it. I look forward to Sidus v.2, but before we get to that could we come up with a standard rule for everybody to follow for now.
Thanks to all for making this possibly the best threat ever on this forum and keep up the good work!

astarflier. I printed the 35 pages out (in printable version it is 225 pages in letter size!!!), just to weed out chit chatting that some times occurs (mine, too ) and get to "the meat". I think a SECOND PDF file with DATE and/or VERSION number should be the next step.

On the other side, this thread is cooking, like a hot soup - the "SIDUS-Ideas-Soup" and it is fantastic to see the creativity and ideas flow...

...but, yes I agree.....I'm getting lost.

Peter.
  • #516
  • Aug 1, 2006 4:19am Aug 1, 2006 4:19am
Quoting senbanda
Hello Renasdad
Would you kindly attach the above indicator. It sounds
very familiar but I cannot remember the thread where
it was given. May be you can give the other indicator
also which you mentioned.
Senbanda
Not exactly sure what you are talking about here but, I will give it a try. Are you asking for the first indicator is it the first one I attach? Then there is the second one I was talking about.
Attached File(s)
File Type: mq4 StepRSI_v2.mq4   3 KB | 631 downloads
File Type: mq4 StepSto_v1.mq4   4 KB | 619 downloads
JOHN 3:16
  • #517
  • Aug 1, 2006 4:25am Aug 1, 2006 4:25am
Ok guys, I am gonna give it a shot at what I have come up with caue there are many people here working on this and seem to not know what others are doing. I want to post the way I am looking at this and to get any feed back possible on it. PMs are great too so it doesnt clutter the main thread. There is a guy in here that wants to make a system out of this and make a website for it for us to go to. I have posted quite a few indicators with some ideas and looked at alot more indicators that I never mentioned. I was hoping for some feedback and got hardly none so, I come to the conclusion that either noone tried them or noone liked them. The indicators I have liked the most are gonna be on my charts I post and I will explain them as well.
JOHN 3:16
  • #518
  • Aug 1, 2006 4:31am Aug 1, 2006 4:31am
Quoting renasdad
Ok guys, I am gonna give it a shot at what I have come up with caue there are many people here working on this and seem to not know what others are doing. I want to post the way I am looking at this and to get any feed back possible on it. PMs are great too so it doesnt clutter the main thread. There is a guy in here that wants to make a system out of this and make a website for it for us to go to. I have posted quite a few indicators with some ideas and looked at alot more indicators that I never mentioned. I was hoping for some feedback and got hardly none so, I come to the conclusion that either noone tried them or noone liked them. The indicators I have liked the most are gonna be on my charts I post and I will explain them as well.
If you could post up at picture and explain it a little bit , it would help us to understand what makes the system better....not just all the indicators, it would surely cluster the chart.....thanks
  • #519
  • Edited 8:33pm Aug 1, 2006 4:52am | Edited 8:33pm
Here it is,

EMA 5= dotted blue
EMA 12=dotted yellow
EMA 34=pink
EMA 55=pink

RSI 49/51 above 51 buy
below 49 sell

StepRSI settings 14,5,15

BrainTrend2StopLine==The yellow line is a long position SL and the blue line is a short position SL in my charts.

Vegas 1 hr tunnel

There are differant ways a person can add to a position and subtract from a position so I am not going to go into that. I wanted to talk with some people about that and it doesnt seem to happen. So, we won't go into that part. I will just talk about entry, SL and TP.

To enter a long,
1. Look to see if the blue and orange line is above the purple line on the StepRSI
2. Make sure RSI is above 51.
3.Make sure the 5 EMA has passed through the 12 EMA to the upside.

To enter short,
1. Look to see if the blue and orange line is below the purple line on the StepRSI.
2. Look to see if RSI is below 49.
3. Make sure the 5 EMA has passed through the 12 EMA to the down side.

SL is where the braintrend2 indicator comes into play. It will put lines above and below price. When you enter a trade, for short, make it one pip above the brain trend line and for a long, one pip below.

Vegas 1 hr tunnel. This is where you will take profits or even add to a position. This can be used in a couple ways. This is the part of adding and taking away from a position that I would like to work on with others. I have a good idea on how to do it but, like everyone used to tell me when I was younger, 2 heads are better than one.

I am still working on this system to see if there is some other filter to be used for something.

One thing everyone needs to remember, 30 minute charts WILL have more losers than the 1 hr charts.

I hope I haven't left anything out.
Attached Image
JOHN 3:16
  • #520
  • Aug 1, 2006 4:57am Aug 1, 2006 4:57am
These are the 3 indicators I have on my charts.
Attached File(s)
File Type: mq4 BrainTrend2StopLine.mq4   5 KB | 750 downloads
File Type: mq4 StepRSI_v2.mq4   3 KB | 656 downloads
File Type: mq4 Vegas 1 hr.mq4   6 KB | 684 downloads
JOHN 3:16
0 traders viewing now