DislikedHi Eval,
just took a quick journey through your thread ..although my own trading methods differ from yours, I'm always all ears about anything that seems to work and it's at least somehow quantifiable, regardless of the underlying principle. Thanks for another dose of inspiration.
First of all, kudos to you It seems you have found a viable trading method for yourself, other people's success with your system only proves one thing: it doesn't matter that this or another indicator repaints, finally the success or failure depends on how...Ignored
MaryJane,
Thank you for your feedback it is most informative and very nice detailed writeup.
I do have some questions. I have FXPRO and Trafing Point platforms and they both have default settings just as you showed but I do have slightly different results that show when signals are occuring. I have include a screenshot of the settings you have said. Does that mean that because the bars look back 65000 they will give different results? I apologize but I am confused. If both platform have the same settings should they not produce the same results on the same machine?? If that is the problem then what setting is best for optimal performace? 5000, 10000, 20000, 40000??? If the indikators is truely a reflct of the past history then would one not wish to have the best reflection of past data to provide the best calls while opimize cpu usage and therefore lower refresh issues?
Honestly, I never refresh my screen until I am to place an order so I only refresh when I receive a signal at the close of the candlestick to make sure is a valid signal. Therefore, I am not refresh all the time....only when I am to place an order to make sure of any possible technical issue.
I must say this is an interesting point and could explain the differences in results. I will have to test it this next week and see if that corrects my discrepancies. Thank you.
As to your second section, the results that I reported are because I used the Symphonie Indikators and apply account balance protection techniques that I outlined in this thread. As I stated in the beginning I was very encouraged by the results and think I have proven them as I again have started a new thread account and have been able to continue to grow it even through a very tough last week. At one point, the account was holding a large carry trade but I believe if you read though the thread I did explain why. (in case you missed post #1521) It was because I was testing an EA and it went crazy and opened up multiple orders (over 100) and did not close them. By the time I realized it was carring an 8300 carry trade. Reread the thread and I believe your answers are there at that will explain this point. Under normal circumstances there is a small or no carry trade.
Stoploss....I use stoploss and in 15 min timframe I use 75 pips. No. I am not seriously good I am pretty average trader and I make many mistakes all the time I just trade the way I trade that is all. Posting all the exact trades in a report will just cloud the issue and no I will not post them.
I do not wish to get so caught up in looking at the leaves on one tree that causes people miss the entire forrest. Posting a trade log will only open up to questions of why did you do that at that time because the history says different and how come you did that? My answer will always be the same. I trade when Symphonie System give me a signal. If there is a repaint then I correct the order and keep with the Symphonie Signals that show the trend. (that can be to your advantage because of double down situations or multiple reentry points) There is no other explaination than that. Looking at history on a repainting indikator will always show perfection. THIS SYSTEM IS NOT PERFECT nor do I claim it perfect. It will make wrong calls but I have found through many trials and errors that this System is more right than wrong and with proper chart interpretation (yes you do need to learn chart patterns) good strategy, and proper money management skills you can grow your account at a consistant rate.
You are correct!! I no longer have an obligation to prove anything because I believe I have done just that over the past 155 pages of this thread. To you and all who seek answers....they are here in this thread. All you have to do is just read.
If you are searching for the Holy Grail....go somewhere else because it is not here. For those who seel to trade and win each time...it is NOT here and you need to seek another thread. However, to those that seek a system that will assist you in trading consistance, help you with money management skills and provide you with a rigid trade strategy to be a consistance trader that can turn results; then this trade MAY help you and be the thing you seek. But I make no promises or guarrantees because the hardest part is you.
Happy Trading,
Evaluator