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

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

Quoting JBB
I was talking about this indicator. I know that it's not a part of Sidus System, but it helps for any system. Sorry if it looks like offtop.
So, if you don't mind I repeat my questions:
When adding multiframe indicator to the chart
1. Do I have to change inputs other than timeframe (60 for 1H; 240 for 4 H)?
2. Do I need to observe 1H tunnel on 4H chart? Does it make sense?
3. Do we really need to observe 1D tunnel or it's too far?

Thank you.
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Yes, it's very usefull. I have in my 30m chart mtf channel 1H and 4H with differents colors. The channels SOMETIMES are strongs s/r.

Coyan
Quoting peterdxb
renasdad, here is the fixed version.
Thank you peter for working on that indicator. Also, that new indicator you have come up with also is very nice. I will keep that on my charts more for a visual. It is like a warning for a person.
JOHN 3:16
Look at all these trades that could have been taken for USDCAD. Notice there were 5/12 crosses but no RSI/50 cross. That would have kept us out.
Attached Image
JOHN 3:16
Quoting coyan
Yes, it's very usefull. I have in my 30m chart mtf channel 1H and 4H with differents colors. The channels SOMETIMES are strongs s/r.

Coyan
Yes, I like this one too. Originaly it set for 1H channel, so we have input 60.
But if we change it for 4H channel, we put 240 instead of 60, right? Do we have to change any other inputs beside this?
Yes great work on the indicator Peter. I have a question:

1. What do the dots represent exactly? I am referring to the green and blue dots.

2. Are the arrows only paying attention to the EMA cross or EMA cross + RSI? I notice on the chart that there were times when the arrow was pointing ina direction but the RSI still was above or below 50.


Quoting renasdad
Thank you peter for working on that indicator. Also, that new indicator you have come up with also is very nice. I will keep that on my charts more for a visual. It is like a warning for a person.
Quoting Yardie
Yes great work on the indicator Peter. I have a question:

1. What do the dots represent exactly? I am referring to the green and blue dots.

2. Are the arrows only paying attention to the EMA cross or EMA cross + RSI? I notice on the chart that there were times when the arrow was pointing ina direction but the RSI still was above or below 50.

The arrows are for the 5/12 cross. The dots are for the RSI/50 cross.
JOHN 3:16
Very cool. Thanks.



Quoting renasdad
The arrows are for the 5/12 cross. The dots are for the RSI/50 cross.
Quoting JBB
Open indicator's window (now it's on the left side of your screen), click on indicator's name and drag to the RSI window. In "apply to" choose "first indicator's data" option.
Thanks, JBB!
Quoting JBB
Yes, I like this one too. Originaly it set for 1H channel, so we have input 60.
But if we change it for 4H channel, we put 240 instead of 60, right? Do we have to change any other inputs beside this?
No, you only need to change timeframe. Another thing you can do is, if you want it for daily, put ut at 1,440.
JOHN 3:16
Quoting JBB
Hi everyone. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

We already talked a lot about the entrance and 18/28 EMA. (By the way, Renasdad, if I get you right, you are saying that we don’t need them and they only confusing?)<o></o>

But what about exit?<o></o>

If you look at attached chart you will see thin yellow line – it’s 9SMA. (Yes, that magic one! ) <o></o>

It looks like it helps to see early exits and normally shows it twice (dark blue circles on the chart). I still can’t figure out which one to trust more. May be someone could suggest a trick to confirm line 9. <o></o>

<o></o>
JBB,

How do you use the 9 when it is riding the 12 EMA right up/down? Also, how about when 9 hits the 12 and the move keeps going ? I will post a chart. I have the spots in question circled.
Attached Image
JOHN 3:16
Quoting renasdad
JBB,

How do you use the 9 when it is riding the 12 EMA right up/down? Also, how about when 9 hits the 12 and the move keeps going ? I will post a chart. I have the spots in question circled.
I think in this case the daily chart should show the major trend. I also found the Donchian Channels quite useful for T/P or S/L - see how nicely they have enclosed the price movement.
Attached Image
Quoting lietuve
I think in this case the daily chart should show the major trend. I also found the Donchian Channels quite useful for T/P or S/L - see how nicely they have enclosed the price movement.
You are right there. The daily is about the signal a short trade. As for the DC's, you are right again. What settings do you use for the DC's?
JOHN 3:16
Quoting JBB
Yes, I like this one too. Originaly it set for 1H channel, so we have input 60.
But if we change it for 4H channel, we put 240 instead of 60, right? Do we have to change any other inputs beside this?
Only change 60 to 240. (mtf indicator)

Coyan
Thanks to all for help with 1H&4H channels.

Renasdad, you right, there are so many questions regarding 9SMA. It doesn't always give a clear signal. I put white circles where I would exit (when 9 srosses or separates itself from 12). But your areas with yellow circles is a big questions. I think with help of S/R and Fibs and bla-bla would be easier.
Julia

Quoting renasdad
JBB,

How do you use the 9 when it is riding the 12 EMA right up/down? Also, how about when 9 hits the 12 and the move keeps going ? I will post a chart. I have the spots in question circled.
Attached Image
Quoting Abid
sorry to interupt this discussion, i'm a newbee here...just want to ask for members help to compile all the update about sidus method in one post..since i miss so much on the discussion and the update is everywhere on the post...

best regard,

abid
it took 2 roll over to read all this but its good for your forex health
keep reading n practising
Quote
it took 2 roll over to read all this but its good for your forex health
keep reading n practising

I agree, It took me long to read all, but it's priceless. No one can walk you through but yourself.
Hey, I have created a website devoted to the teaching and research of this method for people reading this thread. I actually started it on my day off when the markets were closed. I no longer have any webspace, therefore i was forced to use the FreeWebs! Give me some ideas, and maybe some things to put on there. I know nothing is functional yet, but within time it should be 100% and a real time saver for anyone reading this thread.

Send me some PM's for suggestions. Also i can be contacted Via AIM at WatPa1ders.

http://www.freewebs.com/liquid11/

<3
Quoting renasdad
Look at all these trades that could have been taken for USDCAD. Notice there were 5/12 crosses but no RSI/50 cross. That would have kept us out.
Hello renasdad , im a newbie...i noticed that you have 2 different arrows the small and the BIG ones. What are the difference and did you share it? ( or have any intention of sharing it? )
renasdad or anyone, has tested the rsifilter indicator i posted yesterday?
Quoting fayeez
Hello renasdad , im a newbie...i noticed that you have 2 different arrows the small and the BIG ones. What are the difference and did you share it? ( or have any intention of sharing it? )
I believe the big arrow is the MA cross and the small arrow is the RSI above/below 50 level..
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