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New profitable System - Sidus

  • #1,001
  • Aug 20, 2006 7:07pm Aug 20, 2006 7:07pm
Nice chart on the Cable. Red MA's have crossed. New trend in place, maybe?
  • #1,002
  • Aug 20, 2006 7:15pm Aug 20, 2006 7:15pm
Beautiful progression in EUR/USD. This pair definitely respects the sidus/bago/renasdad's system. Thank you everybody.
  • #1,003
  • Aug 20, 2006 8:45pm Aug 20, 2006 8:45pm
Hello all... I know I haven't been weighing in much on the Sidus system, but I just wanted to inform everyone that I'm currently developing a Sidus EA.

So here's my question to all of you:

What optional filters would you guys like to see on the EA (right now it's simply based on the 5/8WMAs crossing, and the 18/28EMAs crossing).

OK, throw out some ideas.
  • #1,004
  • Aug 20, 2006 8:52pm Aug 20, 2006 8:52pm
G'day thesst,

Quoting thesst
Hello all... I know I haven't been weighing in much on the Sidus system, but I just wanted to inform everyone that I'm currently developing a Sidus EA.
So here's my question to all of you:
What optional filters would you guys like to see on the EA (right now it's simply based on the 5/8WMAs crossing, and the 18/28EMAs crossing).
OK, throw out some ideas.
I welcome this news. However, are you open to creating an EA for the Bagovino Modified 5/12 cross system? I believe many more ppl trade that than the original Sidus method.

Cheers,
Art...
  • #1,005
  • Aug 20, 2006 8:58pm Aug 20, 2006 8:58pm
Quoting Artamon
G'day thesst,


I welcome this news. However, are you open to creating an EA for the Bagovino Modified 5/12 cross system? I believe many more ppl trade that than the original Sidus method.

Cheers,
Art...
Ah, I have not seen this system... OK, I can certainly develop an EA for that. Is there any other difference in this system aside from changing the 8WMA to a 12WMA? (ie any entry, exit, etc. differences).

Thanks for the input, and keep it coming!

~Joe Thesst
  • #1,006
  • Aug 20, 2006 8:59pm Aug 20, 2006 8:59pm
G'day all,

I got into the following trade today, based on 5/12 cross and RSI cross.

The numbers on the system are:

#1. Signal to go short - 5/12 and RSI cross on the same bar. This is a strong signal, from my time looking back into past price action.

#2. Go short with 3 lots (or mini or micro or whatever) on next bar open (although I did miss it by a few pips, I still got in) @ 1.2317

#3. First TP target at fib line - took 1 lot @ 1.2275 (+42)

#4. Second TP target at 4 hr channel bottom @ 1.2250 (ordinarily I'd go to next fib line, but seeing as it's below the trend channel I'll take 1 lot here and the final lot at next fib line @ 1.2240.

Cheers,
Art...
Attached Image
  • #1,007
  • Aug 20, 2006 9:04pm Aug 20, 2006 9:04pm
Quoting thesst
Ah, I have not seen this system... OK, I can certainly develop an EA for that. Is there any other difference in this system aside from changing the 8WMA to a 12WMA? (ie any entry, exit, etc. differences).
Thanks for the input, and keep it coming!
Joe Thesst
Ok, basically, we wait for the 5/12 EMA cross and the RSI(21) cross. 5 cross 12 upwards and RSI(21) cross 50 upwards we BUY at the next bar open. Opposite for Short trades.

For me, I take profit at Vegas 1hr Fib levels and tunnel. The indicator is in this thread. Maybe you can incorprrate it.

The only 2 features I would like (at this point in time ) is the ability to enter how many bars are allowable between the 5/12 crossing and the RSI(21) crossing for it to be a valid trade. And, the bar where the 5/12 crosses or RSI crosses to be less than XX (a value I can input) pips in range (H - L).

Edit: Umm, I forgot about SL. SL is set to 30 pips or just above the highest H (or L) over the last few bars. After the first TP is taken, SL should be moved to BE or 30 pips. I then keep it at 30pips after each bar closes, but i never move it to give my trade more room if the trade goes against me.

Cheers mate,
Art...
  • #1,008
  • Aug 20, 2006 9:31pm Aug 20, 2006 9:31pm
G'day all,

I've also taken the following 2 trades. By the way, as I have previously stated these are on demo acct.

#1 is the entry bar/price.
#2,3 and 4 are the TP's.

So far they're slow movers, but we'll see how it turns out.

Cheers,
Art...
Attached Images
  • #1,009
  • Aug 20, 2006 9:31pm Aug 20, 2006 9:31pm
I only trade the Sidus so I haven't paid much attention to the Bagovino method. Are there normally a lot of whipsaws that take place with this method since you just enter on the 5/12 cross?
  • #1,010
  • Aug 20, 2006 9:39pm Aug 20, 2006 9:39pm
G'day imbiber,

Quoting imbiber
I only trade the Sidus so I haven't paid much attention to the Bagovino method. Are there normally a lot of whipsaws that take place with this method since you just enter on the 5/12 cross?
I enter on the 5/12 and RSI(21) cross and I don't trade 30min TF to minimise the chop. I have played with trend channels in the past so I also have a look at the prevailing daily trend and the intra-day trend.

Thanks to vegas, we know that the best movements are made when the price is at the outer fib lines or at the tunnel. It pays to know where the price is and what it's doing aside from my own vaccum of 5/12/RSI crosses.

Cheers,
Art...
  • #1,011
  • Aug 21, 2006 12:26am Aug 21, 2006 12:26am
Quoting thesst
Hello all... I know I haven't been weighing in much on the Sidus system, but I just wanted to inform everyone that I'm currently developing a Sidus EA.

So here's my question to all of you:

What optional filters would you guys like to see on the EA (right now it's simply based on the 5/8WMAs crossing, and the 18/28EMAs crossing).

OK, throw out some ideas.
I would never use a EA for my live trading but for forward testing, it would definitely help. There are a lot of people following this thread so it is hard to tell you which method is used by the larger amount of followers. If you are in the middle of creating an EA for Sidus method don't stop. Just make that one first. If you would be willing to make another one, this is what I would like to see in it.

EMA 5/12 cross
RSI/50 cross
TP is at the fib lines and tunnel. Once in profit, the best way to trail with a SL is to just be on the other side of the tunnel. Please forgive me if this doesnt make sense.
JOHN 3:16
  • #1,012
  • Aug 21, 2006 12:26am Aug 21, 2006 12:26am
There are already EAs for the Bagovino system in this thread. I have tried one and get killed by whipsaws. Maybe Thesst can try creating an EA based on the settings I posted a few pages back a few days ago. The EA I tried had rsi 50 setting plus ema crosses but not the fib and tunnel stuff.



Quoting Artamon
G'day thesst,


I welcome this news. However, are you open to creating an EA for the Bagovino Modified 5/12 cross system? I believe many more ppl trade that than the original Sidus method.

Cheers,
Art...
  • #1,013
  • Aug 21, 2006 1:09am Aug 21, 2006 1:09am
Quoting Yardie
There are already EAs for the Bagovino system in this thread. I have tried one and get killed by whipsaws. Maybe Thesst can try creating an EA based on the settings I posted a few pages back a few days ago. The EA I tried had rsi 50 setting plus ema crosses but not the fib and tunnel stuff.
You've mentioned this before Yardie but the only EA i found does not resemble the Bagovino system at all. It was done based on Sidus' system when it was first proposed.

If you have anything different from this please provide a link to it as I cannot find it.

Cheers,
Art...
  • #1,014
  • Aug 21, 2006 1:57am Aug 21, 2006 1:57am
Quoting Artamon
I've also taken the following 2 trades. By the way, as I have previously stated these are on demo acct.
So far they're slow movers, but we'll see how it turns out.
Cheers,
Art...
GBPUSD hit final TP. In summary:

BUY 3 lots @ 1.8864
TP 1 lot @ 1.8904 (+40)
TP 1 lot @ 1.8933 (+69)
TP 1 lot @ 1.8955 (+91)

Total: +200

The USDCHF and USDCAD are still open.

Cheers,
Art...
  • #1,015
  • Aug 21, 2006 2:14am Aug 21, 2006 2:14am
Art,

Good job on those trades!!!! By the way... Is that an indicator you have that draws fib lines on your charts? If so would you be so kind as to post it?

Thanks!!

Bagovino
"Skills pay the bill's!"
  • #1,016
  • Aug 21, 2006 2:16am Aug 21, 2006 2:16am
Quoting BabeFX
renasdad.

I am still refining my entry criteria. More important, I am working on an exit strategy that gives me the cream of the trade.

BabeFX.
Thanks babe,

And by the response to my post about this, I take it noone is keeping track of their trades. Or they are just looking at charts and not trading. Another thing I have noticed is that many people are following this system and another system and sometimes even a third system. I will almost guarantee you guys if you try to follow 2, 3 or even 4 systems, it won't work too well. If you can, good for you but the best thing to do is stick to one system. If one works good, why would you want to follow 2 or 3 systems? If you need another system than the one you are working on, that means you dont have confidence in the first one. And if you don't have confidence in it, it won't work. Just something I need to share with what I have experienced and read from many other traders.
JOHN 3:16
  • #1,017
  • Aug 21, 2006 2:17am Aug 21, 2006 2:17am
Bago,
That indicator is the Vegas 1 hr tunnel he is using. It works wonders.
JOHN 3:16
  • #1,018
  • Aug 21, 2006 2:18am Aug 21, 2006 2:18am
Here it is.
Attached File(s)
File Type: mq4 Vegas 1 hr.mq4   6 KB | 843 downloads
JOHN 3:16
  • #1,019
  • Aug 21, 2006 2:20am Aug 21, 2006 2:20am
Quoting renasdad
Bago,
That indicator is the Vegas 1 hr tunnel he is using. It works wonders.
Yep, that's the one.

Cheers,
Art...
  • #1,020
  • Aug 21, 2006 2:20am Aug 21, 2006 2:20am
Hi guys,
I'm testing this system and I'm using another tp,besides the vegas tp.
mov(c,60,s)+3*atr(60);
mov(c,60,s)-3*atr(60);
for me these work well

Canados
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