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Attachments: Symphonie Trader System
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Symphonie Trader System

Quoting fugly
despite the upward bias just following the rules of Symphonie we have a short signal so placed pending sell stop

What are you settings. Mine do not match.

Evaluator.:nerd:
sell stop not filled so deleted and new long signal so placed a pending buy stop
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My setting are :

Sentiment variables : 12
26
5
Emotion variables : 75

Trendline variables : 55

Extreme variables : 0.002
0.05
500
New long signal pending buy stop
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Quoting fugly
New long signal pending buy stop
I'm not sure that it was right decision to place your pending from the last signal, you should place you buy stop from the next signal (big candle on your chart) because trend indikator changed color after last signal

also on eur/usd we can see consolidation zone, nearly 26 pips, and i think that it would be better to place your pendings +5 pips higher than resistance line of this consolidation zone

but it's just my 2 cents
Quoting fugly
New long signal pending buy stop

Looking good!
1st trade stopped out
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next signal pending sell stop in place
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Quoting fugly
1st trade stopped out
Fugly,

If there is a change in trend that is should cancel your pending order and you wait for next signal.
That is what I do. Also, there was a major event that happen. It was the Bank of England rate decision the radical price aktion movement was because of that direktion changing happening. I would advse not trading right before these type events.

Bank rate decisions can be major direktion changes in currencies and it is important that one pay attention to these events.

Evaluator.:nerd:
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Quoting Yegor
I'm not sure that it was right decision to place your pending from the last signal, you should place you buy stop from the next signal (big candle on your chart) because trend indikator changed color after last signal

also on eur/usd we can see consolidation zone, nearly 26 pips, and i think that it would be better to place your pendings +5 pips higher than resistance line of this consolidation zone

but it's just my 2 cents
Valid points but its also likely if i placed the order beyond the big candle the market would come down ans stop me out it usually retraces after a big move anyway and my stop would be larger .... i prefer to lose less

anyway I'm just following the rules the system is proven by Evaluator's trading and testing in real time so I believe the positive expectancy will kick in over time ..... just trying to keep my losses small
Quoting Evaluator
Fugly,

If there is a change in trend that is should cancel your pending order and you wait for next signal.
That is what I do. Also, there was a major event that happen. It was the Bank of England rate decision the radical price aktion movement was because of that direktion changing happening.

Evaluator.:nerd:
Thanks Evaluator ... yes you're right if i had cncelled the order after the trend change they signal would not have been valid ...... what i was doing is trying to keep the pending order open for 12 bars unless there was a change on the extreme indicator. Anyway nothing like a mistake to teach me what is correct ...... live and learn. I'm trading a live account a very small one so no stress ...... will not make that mistake next time, will close out the order if i get a change in color of the extreme OR the trend indicators.

Will also keep in mind the bank rate decision even if its for other pairs
Evaluator & Yegor .... i appreciate all the pointers .... thx
Orders today....

2 Canceled Pending orders (Buys)
1 Sell order (filled)------UPDATE--- Price moves 10 pips. Order protected +1 pip


Evalautor.:nerd:
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Quoting Evaluator
Orders today....

2 Canceled Pending orders (Buys)
1 Sell order (filled)

Evalautor.:nerd:
Evaluator just to clarify in case you place a pending order and you get a change in trend or extreme indicator before 12 bars you cancel the order? or will you wait for 12 bars before canceling?

thx
Quoting fugly
Evaluator just to clarify in case you place a pending order and you get a change in trend or extreme indicator before 12 bars you cancel the order? or will you wait for 12 bars before canceling?

thx

After I place pending order I will watch for execute or cancel order after 12 bars of no execute or if trend row change.

Evaluator.:nerd:
Closed out my EURUSD for +23

Did so cause of impending high impact news.

Good luck to all

update: feel pretty good about my exit
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Well price retraced after US news & but didn't get an exit signal from Symphonie so stayed in but got stopped out for BE but shortly afterwards got another sell signal and took it now sl at BE and trade at +80 pips, there was also an additional sell signal which could have added to profit but I didn't take it as I'm just taking one trade at a time in the initial stages

thanks Evaluator
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End of day orders.

(2) Pending - no filled.
(1) orders - execute but stoploss +1 pip each
(2) orders - filled and running each over +80 pips.

Evaluator.:nerd:
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I know a lot of you peeps trade symphonie on the M5 which is great, but I have been crushing it this week on the H4 with it as well so it does work on that timeframe with the default settings (4.4 Custom) I have racked up 337 pips this week and I missed some signals! System works great in a trend, I am just a little nervous about when the market consolidates.....
At the end of week 2 my first big win with Symphonie currently +120pips without any add ons, if i had taken the add on would have been easily +180pips
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