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New profitable System - Sidus

  • #1,281
  • Aug 27, 2006 5:43pm Aug 27, 2006 5:43pm
Quoting Gee Seven
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.

Gee Seven,

Go to http://www.freewebs.com/liquid11/
  • #1,282
  • Aug 27, 2006 6:28pm Aug 27, 2006 6:28pm
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
Bagovino, here is the short extract from Vegas:

I have scripted a plug-in called ‘Vegas Currency Daily’ to use on the daily charts. It will plot and draw the tunnel EMA’s as well as various fib levels [three on each side of the tunnel per model #]. When you open ‘Vegas Currency Daily’ you have 4 input models [fib numbers] to choose from. They are as follows:

<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

Model #1 = 89, 144, 233

Model #2 = 144, 233, 377

Model #3 = 233, 377, 610

Model #4 = 377, 610, 987



[Note: I have included the plug-in with your email, so you can create the appropriate metatrader 4 charts immediately.]

<o></o>

For the following currency pairs, use the following model # on your daily chart.

<o></o>

EUR/USD - Model # 1 AND Model #2. Overlay #2 after you have setup Model #1. Just go back and do #2. This will now produce an overlap of #1 and #2

And produce 4 fib lines on both sides of the tunnel [for a total of 8]. You will now have fib numbers calculated at 89, 144, 233, and 377 from the daily tunnel.

<o></o>

GBP/USD - Model #1 AND Model #3. Overlay #3 after you have setup Model #1.

You now have 5 fib lines on both sides of the tunnel [for a total of 10].

The fib numbers are calculated at 89, 144, 233, 377, and 610 from the daily tunnel.

<o></o>

USD/CHF - Model #2. You now have 3 fib lines on both sides of the tunnel [for a total of 6]. The fib numbers are calculated at 144, 233, and 377 from the daily tunnel.

<o></o>

USD/JPY - Model # 1. You now have 3 fib lines on both sides of the tunnel [for a total of 6]. The fib numbers are calculated at 89, 144, and 233 from the daily tunnel.

<o></o>

AUD/USD - Model # 1. You now have 3 fib lines on both sides of the tunnel [for a total of 6]. The fib numbers are calculated at 89, 144, and 233 from the daily tunnel.

<o></o>

USD/CAD - Model #2. You now have 3 fib lines on both sides of the tunnel [for a total of 6]. The fib numbers are calculated at 144, 233, and 377 from the daily tunnel.

<o></o>

EUR/JPY - Model #2. You now have 3 fib lines on both sides of the tunnel [for a total of 6]. The fib numbers are calculated at 144, 233, and 377 from the daily tunnel.

<o></o>

EUR/GBP - Model # 1. You now have 3 fib lines on both sides of the tunnel [for a total of 6]. The fib numbers are calculated at 89, 144, and 233 from the daily tunnel.

<o></o>

Step 3.

<o></o>

We are interested only when the market gets to the following fib numbers per appropriate currency pair. They are as follows:

<o></o>

EUR/USD - When it reaches the third fib level [233] or higher.

GBP/USD - The third fib level [233] and higher.

USD/CHF - The second fib level [233] and higher.

USD/JPY - The second fib level [144] and higher.

AUD/USD - The second fib level [144] and higher.

USD/CAD - The second fib level [233] and higher.

EUR/JPY - The second fib level [233] and higher.

EUR/GBP - The first fib level [89] and higher.

<o></o>

Once these fib levels are breached, we now look for specific technical indicators that signal a reverse in trend. These are [in no importance of order] 1) Reversals, 2) Spinning Tops, 3) Hammer and/or Hanging man, and 4) Inverted Hammer and/or Shooting Star

For more detail information about Vegas, it is best to read the whole from Vegas wealth builder section.
  • #1,283
  • Aug 28, 2006 12:35am Aug 28, 2006 12:35am
Divinefund....


Thanks for the post... AWESOME info!!!!

Bago
"Skills pay the bill's!"
  • #1,284
  • Aug 28, 2006 12:46am Aug 28, 2006 12:46am
I've noticed something here... The original Sidus system has actually been deleted by the combonation of the BAGOVINO 1 HR. 5/12, 50 RSI cross and the Vegas 1 Hr Tunnel.

If you take the signal from the Bago 1hr 5/12 cross in conjunction with the Vegas 1 hr. fibs (Thanks Renasdad!!!) We really dont even need to look at the Sidus method. I know I dont look at it!!!

What do you guys think????

Thanks,
Bago
"Skills pay the bill's!"
  • #1,285
  • Aug 28, 2006 1:59am Aug 28, 2006 1:59am
Are the model #s for Vegas Tunnel same across 1H, 4H and Daily indicators?

Thanks!
  • #1,286
  • Edited 3:11am Aug 28, 2006 2:15am | Edited 3:11am
Bagovino,
Yes, from what I've been following Renasdad and Artamon have basically joined your 5 & 12 ema cross with an RSI(21) 50 cross and the exits of the Vegas 1h tunnel (Renasdad has described this in the first post of his "Tims Trade Journal". I'd just like to clarify that the Vegas 1h uses different fib levels to the Vegas Daily fib levels described by Divinefund in the post above. I'll attach MY interpretation/summary (so there could be errors?) of the Vegas 1h below. This clarifies the 1h fib levels. Note the last "filter" in my 1h summary. This is where the Vegas daily method can be used with the Vegas 1h method (and hence some people may be confusing the two tunnels/levels). Renasdad and Artamon have mentioned that they take signals either close to the 1h tunnel or countertrend signals near the 1h outer fib levels. I think they and others have also suggested that the use of the outer fib levels of the aforementioned filter (using the daily tunnel) may also help to eliminate low probability trades.

Renasdad has mentioned that he's got less time to spend with these posts now, so I hope this is helpful & accurate. Anyone, please let me know if anything is off target.
Cheers.
Attached File(s)
File Type: doc Vegas 1h tunnel summary.doc   30 KB | 2,529 downloads
  • #1,287
  • Aug 28, 2006 3:07am Aug 28, 2006 3:07am
Last week I asked if anyone was ready to go long on audusd. I placed that thick red line on the chart when I asked it. I left that line on my chart and will now post the new one. Vegas tunnel fib lines are very powerful. Bacj when I started trading, I would have never considered to go long on a big down bar like that one.
Attached Image
JOHN 3:16
  • #1,288
  • Aug 28, 2006 3:28am Aug 28, 2006 3:28am
I would rather respect the owner of this thread by empathsis more on Sidus method than Vegas method. I do observe and do manual forward test on Sidus method, its really give more consistent return for which newbies are comfortable with. Btw there is no problem to add fib and murray math in the chart for some added feature.

Vegas method does has its strategy but discretionary decision sometime need to apply. My testing on both strategies is to have them on separate account, so that a clear observation can be made on whether they are consistent on the right signal. From there you can derive on how to complement each other should there is a need to merge the two strategies.
  • #1,289
  • Aug 28, 2006 4:49am Aug 28, 2006 4:49am
If I'm not wrong on EUR/GBP,the Vegas levels beyond the 34 are almost never reached...what do you think?how do you trade the EUR/GBP with the vegas levels?
  • #1,290
  • Aug 28, 2006 5:14am Aug 28, 2006 5:14am
Canados,
Having only glanced at the EurGbp just now, you're correct. Its daily AverageTrueRange(10) is frequently below 30. I suppose if you wanted to trade this pair, you simply reduce your profit targets to levels that this pair frequently hits. If you want to keep to the mystical fib numbers, the next lowest numbers are 21 and 13. You'd just add/subtract these off the 1h tunnel. However, you'd want to weigh up the value of these reduced profit targets with respect to the spread that would be paid and the win/loss ratio (ie: would it be profitable?). I suppose the tunnel (144 and 169 ema's) could also be altered to suit the currency pair so that the "model" fits better. Just my initial thoughts.
Cheers
  • #1,291
  • Aug 28, 2006 5:33am Aug 28, 2006 5:33am
Quoting johoma
Canados,
Having only glanced at the EurGbp just now, you're correct. Its daily AverageTrueRange(10) is frequently below 30. I suppose if you wanted to trade this pair, you simply reduce your profit targets to levels that this pair frequently hits. If you want to keep to the mystical fib numbers, the next lowest numbers are 21 and 13. You'd just add/subtract these off the 1h tunnel. However, you'd want to weigh up the value of these reduced profit targets with respect to the spread that would be paid and the win/loss ratio (ie: would it be profitable?). I suppose the tunnel (144 and 169 ema's) could also be altered to suit the currency pair so that the "model" fits better. Just my initial thoughts.
Cheers
I agree with you
Canados
  • #1,292
  • Aug 28, 2006 10:42am Aug 28, 2006 10:42am
Quoting bagovino
I've noticed something here... The original Sidus system has actually been deleted by the combonation of the BAGOVINO 1 HR. 5/12, 50 RSI cross and the Vegas 1 Hr Tunnel.

If you take the signal from the Bago 1hr 5/12 cross in conjunction with the Vegas 1 hr. fibs (Thanks Renasdad!!!) We really dont even need to look at the Sidus method. I know I dont look at it!!!

What do you guys think????

Thanks,
Bago

Bagovino,

What is it with you and trying to hammer Sidus down. This thread is still named Sidus and NOT Bagowhatever. You want to show off...then start your own thread and move on so we can stick to the more consistent original Sidus method and wait patiently for Sidus II.

  • #1,293
  • Aug 28, 2006 11:09am Aug 28, 2006 11:09am
Quoting astarflier
Bagovino,

What is it with you and trying to hammer Sidus down. This thread is still named Sidus and NOT Bagowhatever. You want to show off...then start your own thread and move on so we can stick to the more consistent original Sidus method and wait patiently for Sidus II.

OUCH !!!!!!!!

Yeah, I kinda got the feeling he wants to hear from everybody "Bagovino, your system rules, Sidus's system sucks !"

Well, it ain't going to happen 'cause Sidus is the man IMO and we are all here as a result of his first post/method. That was the base. Then change it all you want, but it all started from him....

Future
"Lunch ? Lunch Is For Wimps !"
  • #1,294
  • Aug 28, 2006 2:56pm Aug 28, 2006 2:56pm
I sure hope noone asks me for help anymore then if that is how you feel. Anyone with a question that I haven't talked to yet, ask someone else. I am out.
JOHN 3:16
  • #1,295
  • Aug 28, 2006 2:59pm Aug 28, 2006 2:59pm
Have migrated over here from newstrading like Money Master. Looking for something else since the brokers are making it more and more difficult (soon impossible) to trade the news. The Sidus method looks great. I spent all weekend going through the thread and the documents and went live today with not much success, since I trade the London session and I didn't realise it was a holiday in Britain. (Now there's an experienced fundamentalist for you!)

My problem is the profit taking using fib numbers. This looks very interesting, but I move around a lot during the day (for work) and I have to be able to monitor trades on any computer, so I use Oanda. So my question is how can I use make use of these fib numbers when I can't use MetaTrader? Is there any way I can put them in manually? Can the Fib fan or speed lines features be used for this? Is there some rule of thumb I can use instead?

Any suggestions greatly appreciated.
  • #1,296
  • Aug 28, 2006 5:50pm Aug 28, 2006 5:50pm
Haha! I did it. Took me about three days of reading between duties elsewhere, but if this is post 1301, that means i've read all 1300 before it!

I begin trading the model in demo Tues/Aug 29th

Cheers,
Thom
  • #1,297
  • Aug 28, 2006 6:20pm Aug 28, 2006 6:20pm
Quoting accrete
Haha! I did it. Took me about three days of reading between duties elsewhere, but if this is post 1301, that means i've read all 1300 before it!

I begin trading the model in demo Tues/Aug 29th

Cheers,
Thom
accrete, you know where to get ahold of me if you want to chat.........
JOHN 3:16
  • #1,298
  • Aug 28, 2006 6:22pm Aug 28, 2006 6:22pm
Quoting renasdad
I sure hope noone asks me for help anymore then if that is how you feel. Anyone with a question that I haven't talked to yet, ask someone else. I am out.
Renasdad,

Bagovino and you do contribute valuable idea and effort in helping to improve sidus method. This is a fact and I never deny it. The problem is many idea in this thread added and cross amongst the posts do confuse lot of members. This is why I suggest each of you create your own journal so that member can see the merit of new idea with sustantial result. Sidus hilmself may then be able to public more improvement version to better benefit to everyone as well.

Does everyone agree in this approach?
  • #1,299
  • Aug 28, 2006 6:45pm Aug 28, 2006 6:45pm
IMHO the Sidus thread broke all the records on the factory forum. I think we are all enjoying it. Speaking for myself I learned a lot here and I have a lot of respect for Sidus, Renasdad, Bagovino and all the others who have contributed. Each of you guys have helped me to make money. Yeah,yeah, I know that money is not the most important thing, but it is certainly pretty close to oxygen.
I do admit that there are various approaches to the system and if you read all the 87 pages you will pick what works for you. I did.
It would be a pity if the spirit of mutual help and education would be ruined for reasons that have nothing to with why we came here for.

Just my 765439 cents I made today....
  • #1,300
  • Aug 28, 2006 6:46pm Aug 28, 2006 6:46pm
For those who have run their MT at home while in the office during weekday. There is a software that you can install it in both your home PC and office pc ( or your mobile notebook computer ). You can monitor the activity of your home PC while not at home. Please see this link http://www.radmin.com/products/index.php .

Btw I did not use it as I work at home. My brother use it extensively as he is mobile worker and sometime out of town. Hence please don't ask me how it work as it is proven already. Think about how wonderful this software can help you.
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