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New profitable System - Sidus

  • #521
  • Aug 1, 2006 5:40am Aug 1, 2006 5:40am
Hello Renasdad
Yes, those were the indicators I wanted.Thank you very
much. In addition I downloaded the Braintrend too. I already have Vegas. I am going to follow your instructions.
Greatly appreciate your help. Will keep you informed.
Senbanda
  • #522
  • Aug 1, 2006 5:44am Aug 1, 2006 5:44am
How bars should we go back for the BrainTrend?
  • #523
  • Aug 1, 2006 5:47am Aug 1, 2006 5:47am
Are the settings the same for the 1 HR chart versus the 30 MIN TF?
  • #524
  • Aug 1, 2006 6:11am Aug 1, 2006 6:11am
Quoting et_phonehome_2
How bars should we go back for the BrainTrend?
Not sure if I understand. You mean, how many bars go back from entry to set SL? I use what is right above or below of my entry.
JOHN 3:16
  • #525
  • Aug 1, 2006 6:12am Aug 1, 2006 6:12am
Quoting et_phonehome_2
Are the settings the same for the 1 HR chart versus the 30 MIN TF?

Yes, I don't mess with the settings at all.
JOHN 3:16
  • #526
  • Aug 1, 2006 6:17am Aug 1, 2006 6:17am
Something else I have notice in scrolling back in charts. I will post one too just for something to look at. On the StepRSI, Plot a 50 just like you would for the regular RSI. If all 3 lines are above the 50 on that, it is just more confirmation.
Also, look at that purple line, it usually stays straight although it does go up and down a little. Notice anything when it actually moves? I am trying to wrap my head around it and see what it can help.

Another thing, I have 7 or 8 differant RSI indicators and I am gonna see if they can help in any way. The nice thing about MT$ is you can overlay one on top of the other.
JOHN 3:16
  • #527
  • Aug 1, 2006 6:20am Aug 1, 2006 6:20am
Oopsy, forgot the chart.
Attached Image
JOHN 3:16
  • #528
  • Aug 1, 2006 6:28am Aug 1, 2006 6:28am
This is one fantastic thread. Everyone that has contributed... THANK YOU!

I have traded the SIDUS SYSTEM successfully with the following currencies:
USD/CHF
GBP/USD and
EUR/USD

Is anyone trading successfully with other currencies than those listed above?

Keep up the wonderful work!
George
  • #529
  • Aug 1, 2006 10:41am Aug 1, 2006 10:41am
Hi Everyone,


I just wanted to say a few things here.... I've noticed a few members on this thread, probably newbies, complaining of a few losses and asking the same things over and over. And that's ok, I did that also at one time. Thats how we learn. However, you must realize that no system is 100%. You cannot expect it to be as easy as two lines cross here and one crosses here and BAM!!!! You've got 200 pips!

You have to use other elements in conjunction with this or any other method. For instance, I use Pivot points, weekly and daily, Cam lines, Fibs, MACD, multiple time frames, and most importantly... Trendlines. Right now for instance, there is one hell of a strong upward trendline on the EUR/USD. It is generally bullish on higher time frames meaning be carefull whenever you short it right now until it breaks the trendline. If it were bearish on the higher time frames you'd want to take only short positions, and longs only for a short time on a retracement, and thats risky.

So please for your own accounts sake follow the system that works best for you. 2 people can follow the same exact system yet one will make money and one will lose. So if this one doesn't work for you there are hundreds or thousands out there that will!

Whichever system you chose to base your trading on, use these other factors and your own good judgement with sound money management and you will succeed as a trader!

I hope this helps some of the new guys!!

A bit of tough love from...

Bagovino
"Skills pay the bill's!"
  • #530
  • Aug 1, 2006 10:57am Aug 1, 2006 10:57am
I've been using it with success on the USD/CAD, but I had to lower my profit taking levels as this pair, at best, will generally make around a 120 pip run between 18-28 EMA crosses.



Quoting CTForex
This is one fantastic thread. Everyone that has contributed... THANK YOU!

I have traded the SIDUS SYSTEM successfully with the following currencies:
USD/CHF
GBP/USD and
EUR/USD

Is anyone trading successfully with other currencies than those listed above?

Keep up the wonderful work!
George
  • #531
  • Edited 11:38am Aug 1, 2006 11:11am | Edited 11:38am
I'd also like to point out that Sidus' original method works very well (with no mods) with a pretty decent risk factor I might add. You just give up some pips at the tops & bottoms (as Vegas also mentioned earlier in this thread). I dare say that in the long run more people will profit from using it that way.

If you go a' chasin' these 5-12 (or 5-8) cross trades you will find out the hard way how fast your acct can be depleted.

I'd recommend that any newbies here start with the original method before moving on and adding any modifications.

You can't have it all folks...
  • #532
  • Aug 1, 2006 11:15am Aug 1, 2006 11:15am
I am currently using the bago-sidus-vegas system on USD/CAD. This time the phase 3 came first (price crossed 144/169EMA line), I have taken profit on one slot at 33 from the crossing (not from my entry) and adjusted SL to break even, now I am waiting for the price running to 55 level.
Target: Trading naked.
  • #533
  • Aug 1, 2006 2:49pm Aug 1, 2006 2:49pm
Thanks Renasdad. I think this may be what Gavner means to put that EA together. It has some nice filters buitl in. I dont mind 1 hour chart trading if it means less losers.

Quoting renasdad
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.
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.
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.
  • #534
  • Aug 1, 2006 2:57pm Aug 1, 2006 2:57pm
Bon... I disagree. I've had enhanced success incorporating the 5/12. You must not have the system down if it's not working for you. I am almost 100% profitable with it!

As I mentioned in my last post, it was solidified by the huge upward move with the Euro today. All signs pointed up as I mentioned... The 5/12 crossed with the RSI and BANG!!!! I lost count of how many pips were made!!!

Like I said... not every system works for everyone. Find the one that works and stick to it!!!

Bagovino
"Skills pay the bill's!"
  • #535
  • Aug 1, 2006 3:08pm Aug 1, 2006 3:08pm
So bago, you are only using 5 and 12 cross with RSI(21) set at 50 and that is it? What about the WMA on the 1 hr chart? Also, do you pay attention to the longer term trend at all or only when the 5/12/RSI cross?
JOHN 3:16
  • #536
  • Edited Aug 2, 2006 6:37am Aug 1, 2006 3:08pm | Edited Aug 2, 2006 6:37am
Hey bag,

I'm with you and it has been profitible for me also, but I really believe that most people, especially those that are just starting out or can't spend great amounts of time in front of the computer will benefit more from the original sidus method.

Sorry if my post implied that nobody would profit from the modified version cause we both know (and Orange & AZHot) that that isn't true.

Happy pippin'. I wish you continued success.


Quoting bagovino
Bon... I disagree. I've had enhanced success incorporating the 5/12. You must not have the system down if it's not working for you. I am almost 100% profitable with it!

As I mentioned in my last post, it was solidified by the huge upward move with the Euro today. All signs pointed up as I mentioned... The 5/12 crossed with the RSI and BANG!!!! I lost count of how many pips were made!!!

Like I said... not every system works for everyone. Find the one that works and stick to it!!!

Bagovino
  • #537
  • Aug 1, 2006 3:16pm Aug 1, 2006 3:16pm
hallo @ all, specialy to sidus,

i am a realy newbie and just want to tell sidus that i try his system for 1 week
now and itīs very surprising how nice and easy it works.
thank you sidus and allways big luck and happyness for you !!!

molguge
  • #538
  • Aug 1, 2006 3:34pm Aug 1, 2006 3:34pm
Quoting bagovino
Bon... I disagree. I've had enhanced success incorporating the 5/12. You must not have the system down if it's not working for you. I am almost 100% profitable with it!

As I mentioned in my last post, it was solidified by the huge upward move with the Euro today. All signs pointed up as I mentioned... The 5/12 crossed with the RSI and BANG!!!! I lost count of how many pips were made!!!

Like I said... not every system works for everyone. Find the one that works and stick to it!!!

Bagovino
Bagovimo, did you take the 5/12 cross on the 30min at 6:30-7:00 AM EST or 11:30 - 12:00AM EST?

Thanks,
Jim
Indicators show the past. Price Action "Indicates" the future.
  • #539
  • Aug 1, 2006 4:24pm Aug 1, 2006 4:24pm
Before anyone goes and starts to trade with the indicators I put on there, make sure you know what you are doing and not find this thread and just start trading this way. Adding to a system makes one think things should get better. Many times, it will make things worse. The simpler the better. People are always looking to improve things they find to make it work out better for themselves. Here is an example of what I mean... How many people do you know that have bought a car be it new or used. They run that sucker so long it dies. It got 35 or 40 miles to a gallon and ran for 200,000 miles. They go to buy their next car and that thing get half the gas mileage and lasts only half as long. They say " why can't they make it like they used to?" That car company that made the car knew how good it was but guess what, yup they wanted to improve it and make it "better" and differant. Now, that example may have went a bit too far but, if you take the original system introduced in this thread, nothing may needed to be added and it will work better than anything you will find.
I did kind of go indicator crazy there for a while and wonder what is the best thing to do. I have chatted with a few people in the last couple days and am pretty much back at a few MAs and RSI. I am glad though that I did put all that stuff out there for you guys to mess with to see what you could come up with though. So, on to my next project. Posting a rundown of a few MAs and the RSI. If there are a few changes I miss, please inform so the newer readers know what is going on. And like I said before, there is a guy I know that would like to get a website up based on this also.
JOHN 3:16
  • #540
  • Edited Aug 2, 2006 3:35am Aug 1, 2006 4:46pm | Edited Aug 2, 2006 3:35am
30 minute chart

5 and 12 EMA
RSI(21) 50

Short= 5 crosses 12 from top to bottom, RSI crosses from above 50 to below 50.
Long = 5 crosses 12 from bottom to top, RSI crosses from below 50 to above 50.

We then switch to the Sidus system. See if price goes through the 18/28 tunnel. If it gets through the tunnel and the 18 and 28 MAs cross, we then look at the Vegas Tunnel to take profits.

HM, is that it? I know there are people out here that want it all in one post and it seems like it isn't happening.
JOHN 3:16
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