For the past week I have been testing an indikator that I think makes a nice add on to the existing Symphonie System that you may wish to use also. The indikator is the Heiken Ashi Indikator. (attached)
I find it an easy to use indikator for giving direction on which trades of the Symphonie System that tend to provide you with the better results from a Symphonie Signal.
Basically, you load the indikator into your existing chart and it will have 4 rows coloured blue or red. I use just the top row for direction but when they all align with a Symphonie Signal you tend to get a more powerful price action movement.
If I receive a Symphonie Signal I only take trades that are in agreement with the top row of the Heiken Ashi indikator (blue for buy red for sell). If you do so, I think you will find that the moves are greater in your favor because you are trading with the trend and not against it.
I encourage you to test for a week and then see if you find an improvement of pips.
Happy Trading
Evaluator.
P.S. I only change the Period Settings
Period 1 5
Period 2 15
Period 3 30
Period 4 60
I find it an easy to use indikator for giving direction on which trades of the Symphonie System that tend to provide you with the better results from a Symphonie Signal.
Basically, you load the indikator into your existing chart and it will have 4 rows coloured blue or red. I use just the top row for direction but when they all align with a Symphonie Signal you tend to get a more powerful price action movement.
If I receive a Symphonie Signal I only take trades that are in agreement with the top row of the Heiken Ashi indikator (blue for buy red for sell). If you do so, I think you will find that the moves are greater in your favor because you are trading with the trend and not against it.
I encourage you to test for a week and then see if you find an improvement of pips.
Happy Trading
Evaluator.
P.S. I only change the Period Settings
Period 1 5
Period 2 15
Period 3 30
Period 4 60
Attached File(s)
#MTF_Heiken_Ashi.mq4
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3,036 downloads