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Attachments: New profitable System - Sidus
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New profitable System - Sidus

  • #601
  • Aug 4, 2006 6:13am Aug 4, 2006 6:13am
I have noticed that some posts...added on 8/03 are now missing. Where did they go to?
  • #602
  • Aug 4, 2006 6:21am Aug 4, 2006 6:21am
Thank you for the charts and your added ema's.... keep up the great work...

Everyone keep up the great work... and thanks for contributing to the best forex thread I have ever seen.

This system ROCKS
  • #603
  • Aug 4, 2006 7:13am Aug 4, 2006 7:13am
Here are a couple trades that could have been taken on usdjpy.
Attached Image
JOHN 3:16
  • #604
  • Aug 4, 2006 7:18am Aug 4, 2006 7:18am
I just updated freewebs.com/sidusmethod

If you want to contribue anything no problem

Trade Journal

For people who want to post examples, post them in the thread, and then we will add a link to the example from the website. Contact me and I'll give you the username and password so you can do it yourself instantly.

I'm super busy i just thought man there should be a site for this and I figured well who better to do it than myself

Rock on
I keep a close watch on this chart of mine...
  • #605
  • Aug 4, 2006 7:39am Aug 4, 2006 7:39am
Would anyone play USDJPY right now or is it too volitile yet - our system rules will soon dictate a sell trade upon the close of this candle.


thanks
  • #606
  • Aug 4, 2006 7:39am Aug 4, 2006 7:39am
Would anyone play USDJPY right now or is it too volitile yet - our system rules will soon dictate a sell trade upon the close of this candle.


thanks
  • #607
  • Aug 4, 2006 7:43am Aug 4, 2006 7:43am
I wouldn't. Who knows what will happen. Although, I got burnt one time. So, thats just me.
JOHN 3:16
  • #608
  • Aug 4, 2006 7:56am Aug 4, 2006 7:56am
Yep... I agree it is risky... hey do you and others have skype so that we can communicate with one another and dont load down the site and/or administrator with messages?
My Skype is: SirPips
My Windows Messager is: Sir PipsAlot (email [email protected])

Quoting renasdad
I wouldn't. Who knows what will happen. Although, I got burnt one time. So, thats just me.
  • #609
  • Aug 4, 2006 8:12am Aug 4, 2006 8:12am
EURUSD possible trades
Attached Image
JOHN 3:16
  • #610
  • Aug 4, 2006 8:35am Aug 4, 2006 8:35am
Quoting renasdad
EURUSD possible trades
r u going to enter the trade? if i'm not mistaken today is friday right?
  • #611
  • Aug 4, 2006 8:37am Aug 4, 2006 8:37am
Quoting rhmyee
r u going to enter the trade? if i'm not mistaken today is friday right?
No, I'm not taking any trades today. That chart is just a visual for showing trades that could have been taken. I put arrows on the charts to show it. It is easier for me to learn be seeing so, I am showing charts for others to learn.
JOHN 3:16
  • #612
  • Aug 4, 2006 9:14am Aug 4, 2006 9:14am
Attached is the first draft I did for this three phases system. The backward test doesn't look well. Because:
1. Most people are talking about enter signal. But the exit signal is not clear to me, although I read through all the posts. Currently the EA exits phase one when the H1 tunnel crossed to reverse direction.
2. I haven't found a good solution for SL, tried BrainTrend2StopLine, but it doesn't always give the support/resistance depends on the time to enter. I can enter the order at first then wait for the SL from BrainTrend2StopLine. But the value is too close to the price. Currently it just uses static SL.
3. The EA trade both directions. Some people mentioned to check the trend in H1, H4 or daily. But there is no clear description about how to do it. I need something very clear to be coded.
4. Some bad trades showed the enter/exit were too late. I am wondering if we can enter/exit when the distance between 5EMA and 12EMA start reducing.
5. I used the stepRSI indicator instead of RSI21, hope it doesn't matter.
I am a programmer, not a trader. To code the EA, I need more clear descriptions about each step under all situations. Please help.
Thanks!
Attached File(s)
File Type: mq4 Sidus3Phases.mq4   14 KB | 730 downloads
File Type: mq4 StepRSI_v2.mq4   3 KB | 528 downloads
  • #613
  • Aug 4, 2006 9:16am Aug 4, 2006 9:16am
Hi,

I am just wondering why sidus have given so much false signals lately. I am having 12 losses in row from 27th of July. Been trading by sidus rules and following the 1 hour/4 hours trends.

Have you guys been out from the markets or have I been too eager to trade? It seem like any trade I take have instantly "make" the market turn the other way.

nchosen
  • #614
  • Aug 4, 2006 9:19am Aug 4, 2006 9:19am
I traded USD JPY, and got out at 115.50 .... guessed right overnight. LOL Nice Chart!!!




Quoting renasdad
Here are a couple trades that could have been taken on usdjpy.
  • #615
  • Aug 4, 2006 9:21am Aug 4, 2006 9:21am
I think maybe you are too jumpy to make trades...maybe you should switch to the hourly chart.



Quoting nchosen
Hi,

I am just wondering why sidus have given so much false signals lately. I am having 12 losses in row from 27th of July. Been trading by sidus rules and following the 1 hour/4 hours trends.

Have you guys been out from the markets or have I been too eager to trade? It seem like any trade I take have instantly "make" the market turn the other way.

nchosen
  • #616
  • Aug 4, 2006 9:28am Aug 4, 2006 9:28am
Quoting nchosen
Hi,
I am just wondering why sidus have given so much false signals lately. I am having 12 losses in row from 27th of July. Been trading by sidus rules and following the 1 hour/4 hours trends.
Have you guys been out from the markets or have I been too eager to trade? It seem like any trade I take have instantly "make" the market turn the other way.nchosen
You may have been too eager...or maybe your SL was too tight?? But only you can judge that.

All i can say is I have followed it all this week and I, and others, have had many trades go our way, with a couple of losers...on my demo, i'm almost +100 pips for the week...

Cheers,
Art...

P.S. I only trade demo atm.
  • #617
  • Aug 4, 2006 9:28am Aug 4, 2006 9:28am
Quoting Yardie
I think maybe you are too jumpy to make trades...maybe you should switch to the hourly chart.
But do you agree that Sidus has given false signals (by rules) lately?

nchosen
  • #618
  • Aug 4, 2006 9:33am Aug 4, 2006 9:33am
There are false signals. There are things that need to be watched though to make sure you don't take the false signals.
JOHN 3:16
  • #619
  • Aug 4, 2006 9:52am Aug 4, 2006 9:52am
I just went against the grain and bought USD JPY semms to be a good buy here. See I need an EA to keep me from losing money. If the EA is a good one , it would certainly keep me from making these BAD TRADES. I read somewhere to trade with an EA keeps you in line and is much better, especially for those of us that cannot keep from going after these bargains. LOL ...thanks all!!!
  • #620
  • Aug 4, 2006 10:17am Aug 4, 2006 10:17am
The hourly charts should be used with determining when to jump into following currencies:
GBP/USD
EUR/JPY
EUR/USD
USD/CAD

The 30 minute charts should be used with determining when to jump into following currencies:
USD/JPY
USD/CHF

Unfortunately, the hourly charts give false readings with the last two currencies listed.

I hope this helps out the traders that question why their trades are not looking as great opportunities to trade.
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