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New profitable System - Sidus

  • #1,261
  • Aug 26, 2006 4:19pm Aug 26, 2006 4:19pm
Quoting ktrade
Yeah, no worries though. EA's are fun for your mini's and demos but no-one trades EA's professionally. Going to bed with an EA running on a $50,000
account? Won't happen.
Greetings ktrade, i too know of a prfessional trader that auto-system trades. He has done this for several years. Total hands off proprietary system (i live near the guy and i can't even be let into the inner-sanctum...but i take him at his word that it is the real macoy).

Cheers,
Thom
  • #1,262
  • Aug 26, 2006 5:31pm Aug 26, 2006 5:31pm
Greetings all, facinating thread and model. I'm only up to the 300's in reading the posts but have gleened much so far.

Cheers,
Thom
  • #1,263
  • Aug 26, 2006 5:51pm Aug 26, 2006 5:51pm
Quoting bonmeister
aha,

yes it may be a tad smoother (is smoother better though?) in places on the 1 hr, but I'm willing to give that up for the convenience of having everything I need on the half-hour chart. But, you now have double the points to define your price action on the 1/2 hr chart, so you tell me which is actually a more accurate depiction of real-time price action?
OK now i'm up to post 325...hehe. Just my 2 pips worth on bonmeister's great post. I've been using what i call "4d" charts (time is known as the fourth demension) for a while now. The idea of using multiple time frame data ported over to a single chart. In our case here the 30m. I've also used this idea on 5m charts in a fast moving market such as London or NY opens.

You will have much more information on a given chart if set up as bon has suggested, with the added bonus of the possibility of more tags at S/R instead of maybe just a single tag/retrace as shown in a single hourly candle.

Good stuff.
Thom
  • #1,264
  • Aug 26, 2006 6:52pm Aug 26, 2006 6:52pm
Quoting accrete
OK now i'm up to post 325...hehe. Just my 2 pips worth on bonmeister's great post. I've been using what i call "4d" charts (time is known as the fourth demension) for a while now. The idea of using multiple time frame data ported over to a single chart. In our case here the 30m. I've also used this idea on 5m charts in a fast moving market such as London or NY opens.

You will have much more information on a given chart if set up as bon has suggested, with the added bonus of the possibility of more tags at S/R instead of maybe just a single tag/retrace as shown in a single hourly candle.

Good stuff.
Thom

Keep reading away here.... you will not be disappointed.
Tick
  • #1,265
  • Aug 26, 2006 7:47pm Aug 26, 2006 7:47pm
Quoting accrete
OK now i'm up to post 325...hehe. Just my 2 pips worth on bonmeister's great post. I've been using what i call "4d" charts (time is known as the fourth demension) for a while now. The idea of using multiple time frame data ported over to a single chart. In our case here the 30m. I've also used this idea on 5m charts in a fast moving market such as London or NY opens.

You will have much more information on a given chart if set up as bon has suggested, with the added bonus of the possibility of more tags at S/R instead of maybe just a single tag/retrace as shown in a single hourly candle.

Good stuff.
Thom
Thom,

You have explained this to the point where I understand it now. That is a very good explination for considering using the shorter time frame charts.
JOHN 3:16
  • #1,266
  • Aug 26, 2006 8:46pm Aug 26, 2006 8:46pm
This is my concern with the mtf channel. Could someone please explain this. Blue channel is the 4 hr. Yellow channel is the daily. Why in the world does the yellow channel look like that when it is the daily? The yellow channel is so much more narrow than the blue one. That doesn't make sense. Then it is coming up from the bottom where there is no price at all. Is there something wrong with it?

Also, the yellow channel seems like it has no highs/lows it is connected to.
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JOHN 3:16
  • #1,267
  • Aug 26, 2006 8:49pm Aug 26, 2006 8:49pm
look at this one
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JOHN 3:16
  • #1,268
  • Aug 26, 2006 8:50pm Aug 26, 2006 8:50pm
now this one
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JOHN 3:16
  • #1,269
  • Aug 26, 2006 8:53pm Aug 26, 2006 8:53pm
Could someone please explain why that is happening? This is the main reason I haven't been using the mtfchannel. I don't trust it.
JOHN 3:16
  • #1,270
  • Aug 27, 2006 5:23am Aug 27, 2006 5:23am
Perhap too many suggestions with many indicators introudce can confuse or rather cluster the whole idea of Sidus method and Vegas method. I am still feel strongely that simple system give the best result.
  • #1,271
  • Aug 27, 2006 5:56am Aug 27, 2006 5:56am
Quoting divinefund
Perhap too many suggestions with many indicators introudce can confuse or rather cluster the whole idea of Sidus method and Vegas method. I am still feel strongely that simple system give the best result.
divine,

If you would be following closely with this thread, the mtf channel has been tossed around a little bit. There is one guy that trades with the channels and 5/12 rsi/50 cross. The channels do not confuse this method as much as some of the other indicators that are in this thread. The channels are pretty powwerful when combined with the tunnel. I decided to drop them for a while because they did make the chart messier. I did do a little bit of a change with my charts so, I decided to at least give the channels a second chance. I have made a couple trades with the Vegas tunnel and the channels and felt greatly confident when certain things lined up. I would suggest to you to read through the whole thread if you haven't already. Cause if you have, you would have known this indicator has (and is) been used with this method with great results.
JOHN 3:16
  • #1,272
  • Edited Aug 28, 2006 1:42am Aug 27, 2006 7:35am | Edited Aug 28, 2006 1:42am
Hi guys,
I hope everything is going well.I'm studying this system because with good filters it's a very good system. For now I read the market like if I red a book.I watch bars ranges and the trend's look after the entry signal. I use some patterns like ledges and congestions and firstly rising tops and bottoms in uptrend and falling max and min in downtrend

Canados
  • #1,273
  • Aug 27, 2006 9:21am Aug 27, 2006 9:21am
Sidus,
Thank you for sharing this promising system. I've only read the first 8 pages of your post so forgive me if this idea has already been suggested. When I looked at my charts, I couldn't tell very easily when the 18 and 28 EMA's crossed or whether they just came together and separated again both being red in color. So I changed the color of 18EMA to hot pink and left 28EMA red. Now I see the cross over easily and the two are similar in color so I won't confuse them with 5 and 8 WMA's. Thanks again for your willingness to share this system with us.
  • #1,274
  • Aug 27, 2006 9:48am Aug 27, 2006 9:48am
Quoting renasdad
divine,

If you would be following closely with this thread, the mtf channel has been tossed around a little bit. There is one guy that trades with the channels and 5/12 rsi/50 cross. The channels do not confuse this method as much as some of the other indicators that are in this thread. The channels are pretty powwerful when combined with the tunnel. I decided to drop them for a while because they did make the chart messier. I did do a little bit of a change with my charts so, I decided to at least give the channels a second chance. I have made a couple trades with the Vegas tunnel and the channels and felt greatly confident when certain things lined up. I would suggest to you to read through the whole thread if you haven't already. Cause if you have, you would have known this indicator has (and is) been used with this method with great results.
Renasdad,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

You probaly thought I am just browsing and do nothing. In fact I do lot of documentation on sidus, vegas, gann, Akuma99 squeeze CCI, Woodie's CCI, <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City><st1lace><?xml:namespace prefix = u1 /><u1:City><u1lace>Phoenix</u1lace></u1:City></st1lace></st1:City>, Firefox etc. I also do forward test on the demo account for 10 months. It is for me to come to the conclusion that each strategy/method has its own merit and demerit but they need not have to closely complement each other unless we are fully understand why and what they are best for.<o></o>

<o></o>

Btw I also read all these threads from post 1 to the end of page as it is good do document it. I Also want to salute to Akuma99 for his detailed explanation where every member has no problem to digest the journal. I will use his strategy for more testing before go live.

Sidus and Vegas's strategies are good too. With simple and easy to apply, I have no problem to understand it. The integration on both may not be the best approach best knowing their strategy may help to complement each other. Hence for those who want to enhance their strategy, can open their own journal for member to read it clearly. There are too many introduction of indicators and integration recommendation which make the chart more like a fire craker show. Remember simple is the best to win the trade.

As for the EA, I tend to like Phoenix than Firefox due to their strategy is more in safe approach.

  • #1,275
  • Aug 27, 2006 10:46am Aug 27, 2006 10:46am
Hi guys,

I have been out of town and just wanted to check in. I see lots of posts here introducing new systems.... I think we should keep those off this thread. We have a solid system here that is just about perfected.

Renasdad... How have you been? Quick question... On that Vegas Tunnel indicator you gave me, What is and how do you use the risk model? I'm not familiar with what it does or how to use it.

Thanks man!!!!

Bagovino
"Skills pay the bill's!"
  • #1,276
  • Aug 27, 2006 12:48pm Aug 27, 2006 12:48pm
Quoting bagovino
Hi guys,

I have been out of town and just wanted to check in. I see lots of posts here introducing new systems.... I think we should keep those off this thread. We have a solid system here that is just about perfected.

Renasdad... How have you been? Quick question... On that Vegas Tunnel indicator you gave me, What is and how do you use the risk model? I'm not familiar with what it does or how to use it.

Thanks man!!!!

Bagovino
The differant risk models will puut fib lines (X) amount of pips from the tunnel. The more volatile a pair is, the higher the risk model. The best thing to do is put a tunnel on your chart and zoom out as far as you can. The right risk model will be where the price reaches the outter fibs and then retraces back towards the tunnel.

PS I was kinda wondering where you were. Maybe chat with you Mon. AM
JOHN 3:16
  • #1,277
  • Aug 27, 2006 1:10pm Aug 27, 2006 1:10pm
Quoting renasdad
Could someone please explain why that is happening? This is the main reason I haven't been using the mtfchannel. I don't trust it.
Renasdad, on my charts daily channels look normal. But I thik that they need to be reset time to time.
  • #1,278
  • Aug 27, 2006 2:29pm Aug 27, 2006 2:29pm
Sorry guys, could anybody tell me what EMA and WMA are (I guess itīs kind of moving average). What means the E/W, whats the number, how is it set in the MT 4? Hope someone could help.
Thx in advancen,
Eugen
  • #1,279
  • Aug 27, 2006 4:08pm Aug 27, 2006 4:08pm
EMA = exponential moving average
WMA = weighted moving average (or linear weighted moving average on MT4) meaning it gives more weighting to more recent numbers

On MT4 click on Indicators, Moving average, and then you will see the diffrent types of moving average you can select.
  • #1,280
  • Aug 27, 2006 4:27pm Aug 27, 2006 4:27pm
Could someone direct me to the latest summary of the Sidus system? I've gone thru many pages here and have printed out what I guess is a rule page to keep handy it setting up charts. I just want to know what the prime tweakers have determined works best for the Cable and Euro/USD markets. I only discovered this thread last night and have been reading my eyes out <grin>. I've loaded some charts and it looks great. Thanks to Sidus and all the hard workers here.

Quoting bagovino
Hi guys,

I have been out of town and just wanted to check in. I see lots of posts here introducing new systems.... I think we should keep those off this thread. We have a solid system here that is just about perfected.

Renasdad... How have you been? Quick question... On that Vegas Tunnel indicator you gave me, What is and how do you use the risk model? I'm not familiar with what it does or how to use it.

Thanks man!!!!

Bagovino
"Though this be madness, yet there is method in it." -Hamlet Act II
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