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New profitable System - Sidus

  • #1,341
  • Aug 30, 2006 12:17pm Aug 30, 2006 12:17pm
Quoting EMM7ERSON
I have been to this thread and everyone has been a great help. I use the sidus system as you may know, but I have having a small problem. I have consistantly made profits but I always exit my position too early. Should I place my trade then hold it until the tunnel crosses back the other direction, or should I just take my smaller profits and be happy with any profits. Another problem is that you only get a few signals a week so if you get out early then you may not trade for a few days. Any help would be great
Here is what I do... I stay in until the RSI 21 crosses back over the 50 when it reverses direction. There is no real exit strategy... so, I just stay in until the 50 line is touched again. No one knows when to really jump out of the trade. But at least I am catching big movements too!

Tick
  • #1,342
  • Aug 30, 2006 12:24pm Aug 30, 2006 12:24pm
Quoting compro99
Tick,

what is your exit signal like ? Please advise. Thanks
I do the reverse for exits... I just stay in until the RSI 21 crosses back over the 50 and here is why..I catch pips when the movement is short or long. No one can actually say when to jump out. The RSI 21 will not cross back over the 50 and lose me pips.

I do sometimes notice the daily average movement for each currency pairs and if I am close to achieving around 90-110 pips for the EUR/USD pairs, I will consider jumping out then. But I only do that if I need to get away from my computer to do something else...otherwise I let it ride until my RSI 21 crosses again.

Tick
  • #1,343
  • Aug 30, 2006 1:21pm Aug 30, 2006 1:21pm
Quoting thomson
I am new to Forex / MQ4, still in learning phase...
I made 2 files, 1 for WMA(1hr) and 1 for EMA (30Mins).
WMA/EMA/SMA/RiskLevel are changeable in the input area

MA1/MA2 = Sidus Tunel (Red)
MA3/MA4 = Trade Indictor (Green/Blue)
Risk Level = please refer to Vegas 1hr Docs, only 2 lines is available due to 8 lines limit....(Or you can apply this indicator twice for another 2 lines)

PS:You don't need to close and re-open to activate the new indicator.
Copy the mq4 file into indicator folder, open it with metaeditor and click on compile. It should now shows in your indicator folder inside MT4 (if not, double click the indicator folder in MT4 twice).
Hey Thomson,

Yes, I am a newbie....

I am trying to input the Vegas 1 hr into my Meta Trader Indicator Folders. Can you (or anyone else with some experience) walk me through exactly how to go from the .mq4 file to it showing up on my charts.

I downloaded the vegas 1hr.mq4 file on my desktop. I got to the metaeditor compile button, but it asks alot of questions at that point. I cant get any further.

I would appreciate it.
  • #1,344
  • Aug 30, 2006 4:03pm Aug 30, 2006 4:03pm
Bagovino, when will you be doing this and what will you call it, so we can follow you?
Quoting bagovino
I JUST WANTED TO POST THAT I WILL BE LEAVING THE SIDUS THREAD TO START MY OWN BASED ON THE 5/12 CROSS.

I FEEL IT IS BY FAR THE BEST SYSTEM OUT THERE AND WITH THE HELP OF THE MORE SUCCESSFUL TRADERS, WE CAN DEVELOP THE BEST FOREX TRADING METHOD AVAILABLE.

I INVITE YOU ALL TO VISIT MY THREAD AND HELP IMPROVE THE ALREADY SUCCESSFUL METHOD!

THANK YOU,

BAGOVINO
  • #1,345
  • Aug 30, 2006 10:30pm Aug 30, 2006 10:30pm
Quoting Tick
Hi Matsu.. the ma's on my charts are ema's and not sma's. When I trade, I see a lot of whipsaw on my 15 and 30 minute charts, that is why I wait for confirmation on the hourly before I jump in. It is like insurance... at least I know it is a good time to jump in instead of being caught in a whipsaw and seeing myself loosing pips because the 50 line on the RSI 21 is jumping all over and around the 50 line and not going in any one direction. The hourly gives me a better direction

I always trade at the hourly charts. It works and I don't sweat it our worrying as much.

Tick
Thanks Tick for the explanation. I have also looked at your chart in the Bagovino thread.


Regards,
Matsu
  • #1,346
  • Aug 30, 2006 10:32pm Aug 30, 2006 10:32pm
Quoting dclancy
Bagovino, when will you be doing this and what will you call it, so we can follow you?

http://www.forexfactory.com/forexfor...ead.php?t=7603
JOHN 3:16
  • #1,347
  • Sep 5, 2006 12:34pm Sep 5, 2006 12:34pm
Where is Sidus? Is this thread dead?
Believe and Achieve!
  • #1,348
  • Sep 6, 2006 2:38am Sep 6, 2006 2:38am
See Above!
"Skills pay the bill's!"
  • #1,349
  • Sep 6, 2006 6:31am Sep 6, 2006 6:31am
I'm back. Now bogavino and his gang are gone, we can go back and concentrate on the original version of Sidus and my soon te be released v2.0.

As for the recent results of my method:
SELL GBP/USD @ 1.8992 (149 pips profit with trailing stop)
BUY EUR/GBP@ 0.6751 (38 pips profit with trailing stop)
BUY EUR/JPY @ 149.25 ( 1pip for the moment )

Post your trades and signals!
Let me know your improvments for this method!
  • #1,350
  • Sep 6, 2006 6:35am Sep 6, 2006 6:35am
Quoting Sidus
I'm back. Now bogavino and his gang are gone, we can go back and concentrate on the original version of Sidus and my soon te be released v2.0.

As for the recent results of my method:
SELL GBP/USD @ 1.8992 (149 pips profit with trailing stop)
BUY EUR/GBP@ 0.6751 (38 pips profit with trailing stop)
BUY EUR/JPY @ 149.25 ( 1pip for the moment )

Post your trades and signals!
Let me know your improvments for this method!
OHH Sidus welcome back come on here give me 1 big huge
Charting Markets into the Future...MǎҖ€¥.
  • #1,351
  • Sep 6, 2006 6:39am Sep 6, 2006 6:39am
Glad to see you're back.Looking forward to version 2.
  • #1,352
  • Sep 6, 2006 6:43am Sep 6, 2006 6:43am
Welcome Back Sidus! I am glad you are back. Things got very complicated around here and I am hoping the Sidus method gets simplified like the original once again. How goes progress with version ?


BTW, I sent you a personal email - did you get it?

Bill McManus
Believe and Achieve!
  • #1,353
  • Sep 6, 2006 6:48am Sep 6, 2006 6:48am
I can say that little has changed for v2.0
I only add two indicators and some rules as filters for whiplashes. Also how to recognize good and bad signals. I know bogavino's method. It just the bunnycross, it is good for scalping and if you're lucky you can stay in the trade for a long time. My system is based on that, but has evolved. I get fewer traders but a lot more winners and less fals signals.
Time will tell.

Suggestions for filters are welcome.
Ans if somebody finds the time to make scrapbook of the suggestions in this thread, they are very very very welcome!
  • #1,354
  • Sep 6, 2006 6:50am Sep 6, 2006 6:50am
Quoting sirwolf
Welcome Back Sidus! I am glad you are back. Things got very complicated around here and I am hoping the Sidus method gets simplified like the original once again. How goes progress with version ?


BTW, I sent you a personal email - did you get it?

Bill McManus
No I did not, prob spamfilter. You are welcome to send it again or to discuss it in this thread.
  • #1,355
  • Sep 6, 2006 6:52am Sep 6, 2006 6:52am
Another Welcome back!! 1000+posts later and now some sanity.
Watching progress eagerly.
Happy Trading
aard
  • #1,356
  • Sep 6, 2006 7:09am Sep 6, 2006 7:09am
Welcome back!!!.I have always continue using the original system and I have pips to prove. Now I have also use MACD 12 to filter the system. Honestly this have worked well for me.
  • #1,357
  • Sep 6, 2006 9:39am Sep 6, 2006 9:39am
I have been experimenting with Sidus original method and added median lines on EUR/USD with good results. As Sidus mentioned, trades will be fewer, but false signals are greatly reduced. Also, one thing that cannot be emphasized enough is sound money management and common sense.
  • #1,358
  • Sep 6, 2006 9:44am Sep 6, 2006 9:44am
Yesss..... Welcome back Sidus. I hope you will post your V2 within this week
" master your setup, master your self "
  • #1,359
  • Sep 6, 2006 9:52am Sep 6, 2006 9:52am
Welcome back. Look forward for version 2.
  • #1,360
  • Sep 6, 2006 10:08am Sep 6, 2006 10:08am
Guys, try to look EUR/JPY sell signal but the bar is bullish and EMA18,28 long. I will not go short but continue to go long.
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" master your setup, master your self "
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