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Symphonie Trader System

Quoting allisonmagic
at this point, my entry on the 1h chart would be at 1.33021.. this is 5 pips over the high, including the spread for accuracy.

if we break 1.3307, we should see clear to the 1.3360 area short term and 1.3554 area in the long term

your entry all depends on how you feel, this is just what i would do at this point. (if i was trading the euro)


I've attached a chart with the pivots I'm looking at. I've measured my targets using the Fibonacci retracement however
Attached Image (click to enlarge)
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The Force is your friend, not the Trend..
Quoting Alexoptions
great have much luck with your testing???
As a matter of fact yes, sclap trading turning to swing trade are always the best.
Howhever I don't use H1 symph.

But my trouble with the new symph is dilemma, 10 pips = BE to +1 is something a like because very conservative. BUT according to the rules, the pending order is really often at some strong fractal, and when this level is break (aka the pending order is trigger), 90% of the time or so PA will go back to the entry level, and that's why I always get the SL +1 trigger.

So my question to eval, how do you manage to avoid this fact ?

Regards,

Fable
Quoting patguay
Hi Allisonmagic,

Will you enter long trade in the EUSUSD at the 2nd dotted vertical green line? The price has satisfied the criteria: price > 100 SMA (red) > 200 SMA (green). Syphonie system has also indicated signal to enter long. If you follow the 5 min symphonie system without any reference to the 100 SMA and 200 SMA, it has already generated more than 50 pips.

However, I will not enter long trade as the slope of 100MA is going downwards, but 100 SMA is a lagging indicator. If I follow 5 mins symphonie trading signal, I would have already...
It seems like the declining slope for SMA 100 is giving the heads up on where it is heading at least for the next 1 or 2 hrs. I am going to short the trade if it coincides with the symphonie trading signals (all red).
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD2.JPG Size: 152 KB
Quoting patguay
It seems like the declining slope for SMA 100 is giving the heads up on where it is heading at least for the next 1 or 2 hrs. I am going to short the trade if it coincides with the symphonie trading signals (all red).


we are in an overall up trend.. you would be selling on the dips. i am looking to buy the rally
The Force is your friend, not the Trend..
Quoting allisonmagic
we are in an overall up trend.. you would be selling on the dips. i am looking to buy the rally
I do agree that the EURUSD is still in an uptrend in the higher time frame but what I am trying to evaluate is whether the incorporation of both symphonie signal and SMA 100/200 are able to filter out noises for 15 mins T/F. There are certain days when 5 mins symphonie signals gives more than 50 pips and certain days it just breaks even + a few pips at best. 15 mins using both indicators gives relatively less trading opportunities but also lesser losses. If higher time frame in this case 1 hr reverses, 15 mins will be the first to catch it.

A few months ago, I have attended a seminar by Asraf Leidi who mentioned that once the uncertainty over the fiscal cliff is cleared, EURUSD will be heading towards 1.32 - 1.35 territory. It seems to be heading in that direction. But anyway, just want to collect enough data to prove whether this is a reliable system for shorter time frame trading or not.
Quoting patguay
I do agree that the EURUSD is still in an uptrend in the higher time frame but what I am trying to evaluate is whether the incorporation of both symphonie signal and SMA 100/200 are able to filter out noises for 15 mins T/F. There are certain days when 5 mins symphonie signals gives more than 50 pips and certain days it just breaks even + a few pips at best. 15 mins using both indicators gives relatively less trading opportunities but also lesser losses. If higher time frame in this case 1 hr reverses, 15 mins will be the first to catch it.

A...

i would use the 15min chart for either scalping, or an accurate entry after you've missed your initial signals on the 1h. however i just find the high point in the trend, and set an entry 5 pips above or below as long as symphonie is still indicating a direction in price.

this is just my style, i use the 1h chart because i don't have enough money so therefore i wont make any significant gains from scalping. i can identify longer trends in the 1 hour, giving me a more significant gain in each trade over hours or days
The Force is your friend, not the Trend..
i just got my signal to get bullish on the euro/usd.. entry set at 1.32534. and of course when i am 10+ pips in profit, my stop is +1 with a dynamic stop
The Force is your friend, not the Trend..
Quoting allisonmagic
i just got my signal to get bullish on the euro/usd.. entry set at 1.32534. and of course when i am 10+ pips in profit, my stop is +1 with a dynamic stop
For 1 hr signal, I got it at 1.32504 (+ 5 pips pending order). I have not received any signal for the 15 mins downtrend for the last few hrs.
Quoting patguay
For 1 hr signal, I got it at 1.32504 (+ 5 pips pending order). I have not received any signal for the 15 mins downtrend for the last few hrs.

that's because we are in an uptrend. look at the 200 day moving average. we are priced above
The Force is your friend, not the Trend..
Quoting allisonmagic
that's because we are in an uptrend. look at the 200 day moving average. we are priced above
It really depends on context. Sometimes I do get price going down even though the SMA 200 is going upwards as SMA 200 is a lagging indicator. It will take a while for it to follow the direction of the price. Right now, it is still too premature to comment where it will be heading in the next 24 hrs as it may reverse its direction any time which I have seen so often for the last few days.
Quoting patguay
It really depends on context. Sometimes I do get price going down even though the SMA 200 is going upwards as SMA 200 is a lagging indicator. It will take a while for it to follow the direction of the price. Right now, it is still too premature to comment where it will be heading in the next 24 hrs as it may reverse its direction any time which I have seen so often for the last few days.


use the 100 day as a counter to the 200
The Force is your friend, not the Trend..
Greetings all,

First of all, Evaluator thanks for everything. Also thanks to all people contributing.

@Evaluator - I understand your decision for not giving away mq4 source for latest version of indicatior. I have been myself victim of other's people arrogance clamming my codes as their own couple of times.
I'm just wondering if it is possible to give the order of buffers in indicator? I would like to make different kind of notification alert since I'm really busy but I like whole trading system.

Thanks and kind regards.
THANK YOU Evaluator for sharing and helping us, you are a good man

what timeframe you use for this system
I'm going through this thread soometimes you on 5m sometimes 15m or 1H

Please help me
holiday trading can still be profitable
Attached Images (click to enlarge)
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The Force is your friend, not the Trend..
HI!

Evaluator,

I am a newbie and I only want to know whether the Symphonie Matrix indicator repaints or not.

And, anyone who have used this indicator can give me the answers.

Thanks in Advance.
  • jamesT.
    Joined Oct 2008
Quoting mazprofx
HI!

Evaluator,

I am a newbie and I only want to know whether the Symphonie Matrix indicator repaints or not.

And, anyone who have used this indicator can give me the answers.

Thanks in Advance.
http://www.forexfactory.com/showthre...22#post6277522
Nice moves today...Pulled a 100 pips on Eur/Usd today using the 5 min TF...A buy order and then a sell..Was a little sceptical on taking the sell since we are in an uptrend but the Symphonie 4.4 signal justifies it all....
[

Have a Merry Christmas and I hope you enjoy your new Presents.

Evaluator.[/quote]
Thank you Evaluator for the nice present and all the great job you are doing there.
Only one question to be sure that i am understanding well. You started with 1K and in December you get to 58K?

Happy New Year!
Quoting tamiflu
[

Have a Merry Christmas and I hope you enjoy your new Presents.

Evaluator.
Thank you Evaluator for the nice present and all the great job you are doing there.
Only one question to be sure that i am understanding well. You started with 1K and in December you get to 58K?

Happy New Year![/quote]

Hi, what settings to use 5 minutes to 4.4?
thank you
Hi evaluator hope your having a wonderful Christmas.

First of all I want to thank you again for your wonderful efforts, I am pulling plenty of pips with the help of your method

I just have a quick question and there may be no reason for it but I'm a bit of a perfectionist and I wanted to know on your excel spreadsheet you had a string of week losses, was wondering if there was a reason for that?

Thanks for your help again you have contributed immensely to everyone here

Regards
Alex
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