Modified Sidus Method
Hi,
I am using the sidus method with some modifications as :
For short range
; 5 and 8 WMA, close.
For longe range
; 10 and 28 EMA, close.
With
4 Hr chart
.Set
red
colour for lowering candle and
blue
for raising one.
Open Position
Buy only when met with condition A or/and B:
condition A
1. Intersection of 5 WMA with 8 WMA from below.
2. Confirm with the long range ( 10 EMA arweady crossed 28 EMA)- tunnel
3. Emergence of blue raising candle.
Condition B
crossing of tunnel - cross of 10 EMA from below
Close position with the reverse intersection of 5 WMA with 8 , emergence of red candle
or
at stop loss/take profit levels.
Follow just reverse for sell position.
Buatiful when all the long and short range intersections are coinciding.
Pl. test this strategy and feed back.
Siddeshsd
Attached Images