74# Sidus Method V.2 Trading System

Submit by joy22 (written by Nicolas Moerman)

 

3. Set-up

# Timeframe

 

The longer the timeframe, the better. I would recommend to use at least the

one hour timeframe (H1), but I rather use the four hour timeframe (H4).

# Chart

I set my graphic in barcharts, but that is really your own preference.

Indicators

Add the following indicators :

EMA (exponential moving average) : 18 in yellow (closing price)


Long

If the blue RVI crosses the red RVI upwards AND is followed by a confirmation

of a cross by the EMA’s from the yellow tunnel.

Short

If the blue RVI crosses the red RVI downwards AND is followed by a

confirmation of a cross by the EMA’s from the yellow tunnel.

 

You can stay in a trade as long you dont get new signals on that pair. Especially pay attention to a internal cross (or extreme narrowing) of the yellow tunnel EMA’s. This means that the trend is likely to loose strenght and maybe even to reverse.

I recommend a trailing stop. Monitor your trade the first day, to see if you have followed the right signal. Use your Money Management rules and stick with them.

Also keep attention to news releases and other fundamental issues.

7. Conclusions

If used this system 4 months before releasing it. It is very profitable. But before you use it, keep in mind :
# Systems generate false signals, use your knowledge and gutfeel to know if you should be doing the trade. The best confirmation of a signal = YOURSELF
# Always use stoplosses !!! Decide for yourself if you need tight or loose stoplosses
# Money management is THE holy grail,
# Keep learning from your mistakes.


 

In the pictures below an example Sidus Method V.2 Trading System in action.

 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 0

Forex Method

FV
Forex Indicator:FV
FV.zip
Compressed Archive in ZIP Format 422.2 KB
Sidus+Color+system
Trading System Sidus+Color+system
Sidus+Color+system.zip
Compressed Archive in ZIP Format 9.1 KB

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