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Symphonie Trader System

  • #1,561
  • Oct 17, 2011 5:49pm Oct 17, 2011 5:49pm
Hi folks,

I am half pro trader, checking systems a lot.

Please be aware of volatility last 4 month. Lots of breakout systems does not work in the long run, this one here is also a candidate.

Right now it's very easy to gain pips with trend follow systems, so it's not the system which works, it's the trend following.

Almost every technical breakout system, no matter which indicator or whatever won't work in the long run.
Use that system here until January and you could gain nice profits, then leave it alone.


If you optimize without backtest, it makes no sense...
Quote
better luck next time. now you have new armor to fight whipsaws.
no you haven't...until you know why the market behaves this way.

Sorry for my harkish but I just want to save your time,
have a nice day,
Jack
  • #1,562
  • Oct 17, 2011 6:06pm Oct 17, 2011 6:06pm
Quoting JackintheBox
Hi folks,

I am half pro trader, checking systems a lot.

Please be aware of volatility last 4 month. Lots of breakout systems does not work in the long run, this one here is also a candidate.

Right now it's very easy to gain pips with trend follow systems, so it's not the system which works, it's the trend following.

Almost every technical breakout system, no matter which indicator or whatever won't work in the long run.
Use that system here until January and you could gain nice profits, then leave it alone.


If you optimize without backtest,...
Given that this system (so far) is most profitable in the M5 charts, the trend is pretty much irrelevant. This is not a trend following system unless you're talking about M30 charts as the shortest time frame, to H4 charts and beyond.

This is more of a scalping system and the trend pretty much can be put to the back ones mind. For instance, yesterday gave +170 pips in 2 trades.....+60 with the trend and +110 against the trend. Of course the 'trend' depends on which time frame you are looking at.

Following the trend is pretty easy to do. Being profitable in other markets like a consolidating market is not so easy......that's where this system shines.....but it also shines in trending markets too.

To say that this system is a trend follow system is incorrect.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,563
  • Oct 17, 2011 6:23pm Oct 17, 2011 6:23pm
it's that a right trade?


http://img69.imageshack.us/img69/8836/34877086.jpg
  • #1,564
  • Oct 17, 2011 8:40pm Oct 17, 2011 8:40pm
plig, If you are asking if all 4 indis line up and turn blue if you should take the trade- yes is my answer. If you're asking whether a buy on the Eur/Usd is a good trade now, I also say yes to that, as I am in trade and up floating at >30 pips at present with 3 locked in( per the strategy). happy pippin bro!
Blessings, Monk E.
  • #1,565
  • Oct 17, 2011 10:04pm Oct 17, 2011 10:04pm
Quoting JackintheBox
Hi folks,

I am half pro trader, checking systems a lot.

Please be aware of volatility last 4 month. Lots of breakout systems does not work in the long run, this one here is also a candidate.

Right now it's very easy to gain pips with trend follow systems, so it's not the system which works, it's the trend following.

Almost every technical breakout system, no matter which indicator or whatever won't work in the long run.
Use that system here until January and you could gain nice profits, then leave it alone.


If you optimize without backtest,...

one must trade as one feels most comfortable. if this system does not suit your needs then please keep searching as i am confident you will find one that fits your needs.

eval.
  • #1,566
  • Oct 17, 2011 10:04pm Oct 17, 2011 10:04pm
Quoting plig
it's that a right trade?


http://img69.imageshack.us/img69/8836/34877086.jpg

yes. that would be an entry point.
  • #1,567
  • Oct 18, 2011 4:01am Oct 18, 2011 4:01am
Now it's time to contribute in this system.

firstly i want to thank Eval for his great system.

Today i made some cycle analysis. i calculated the ranges of the cycle Tops - Cycle Bottoms and vice versa.

First i calculated them in the 1 hour TF. i got 180 cycles since the year 1999.

the minimum range a cycle made was 309 pips.
the maximum range a cycle made was 2133 pips.
With a mean value of 659 pips.

117 cycles forms below the mean value (65%) and the rest above. (see picture 1)

Second i calculated the 5 min TF cycles. i got there 1345 cycles since 1999.

the minimum range a cycle made was 110 pips.
the maximum range a cycle made was 897 pips.
With a mean value of 238 pips.

831 cycles forms below the mean value (61%) and the rest above. (see picture 2)

this are hypothetical calculations made in history and doesn't mean that the future will generate the same values.

what are the conclusion i could make from these numbers?

In the 5m TF you have enough room for a safe entry to reach the minimum range goal of 110 pips and the worst case would be to failure to much because of cycle recalculation problem with max. 897 pips.

In the pictures the red line is the mean value border.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Cycle1hDistri.jpg Size: 27 KB
Click to Enlarge Name: Cycle5mDistri.jpg Size: 34 KB
  • #1,568
  • Oct 18, 2011 4:09am Oct 18, 2011 4:09am
I have to refresh my charts very often especially before I enter in a trade to confirm that the signal is still valid.

Do you have same issues? Can I fix this in some way?
  • #1,569
  • Edited 4:31pm Oct 18, 2011 5:53am | Edited 4:31pm
SPECIAL UPDATE
FYI Account Statistical Report update:

Everyone,

I wish to give this special update concerning Account Statistic Report on thread account. As of this morning, i have traded out the problems caused by the EA. All 8300 of negative EA orders is gone as I have trade an amount equal amount trading the Symphonie System manually. All the losses incured by the crayz test EA are gone!!!!!

Current balance on thread account is 25k and P/L is now positive 2264.
(aaah....the POWER of Symphonie System!)

Regards,

Evaluator

p.s. It is too bad that I had to give up 8300 in profit to pay off the losses the EA caused. I hate that!
Attached Image (click to enlarge)
Click to Enlarge Name: Account Statistics Report week 4 UPDATE.jpg Size: 141 KB
  • #1,570
  • Oct 18, 2011 6:28am Oct 18, 2011 6:28am
Quoting plig
I have to refresh my charts very often especially before I enter in a trade to confirm that the signal is still valid.

Do you have same issues? Can I fix this in some way?

Yes....always refresh before placing order to confirm you have best information.

Quote
Do you have same issues?
Yes, I think everyone have same issues.

Quote
Can I fix this in some way?
Possible get a more powerful computer???
  • #1,571
  • Oct 18, 2011 6:33am Oct 18, 2011 6:33am
Quoting Evaluator
Yes....always refresh before placing order to confirm you have best information.


Yes, I think everyone have same issues.


Possible get a more powerful computer???
The refresh issue is unavoidable as far as I can see. It's not really an issue....just get into the habit of refreshing every now and then, and especially before entry and before exit.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,572
  • Oct 18, 2011 6:45am Oct 18, 2011 6:45am
I'm trying to add RefreshRates() command to the indicators.... I will see if this solve the problem....
  • #1,573
  • Oct 18, 2011 6:50am Oct 18, 2011 6:50am
SELL signal on EURUSD M5. On M15, price action is below trendline

I entered the trade...

http://img847.imageshack.us/img847/8996/14599582.jpg
  • #1,574
  • Oct 18, 2011 6:53am Oct 18, 2011 6:53am
Quoting plig
SELL signal on EURUSD M5. On M15, price action is below trendline

I entered the trade...

http://img847.imageshack.us/img847/8996/14599582.jpg

good call!
  • #1,575
  • Oct 18, 2011 6:57am Oct 18, 2011 6:57am
It's 1am here so it's time for sleep for me. 2 trades today..... +35 and +83. I left some pips on the table with the 2nd trade, but that's ok.

Trade well people

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,576
  • Oct 18, 2011 6:57am Oct 18, 2011 6:57am
Quoting plig
SELL signal on EURUSD M5. On M15, price action is below trendline

I entered the trade...

http://img847.imageshack.us/img847/8996/14599582.jpg
hello plig,

i don't have this signal. what i see is, that your cycle indi have many spikes and has this issue.

i tried to modify the extreme cycle indi and hope that it works now how exspected without refreshing the chart, but i don't know.
with my instance i do not have any problems anymore. The recaluclating issue could not be fixed, but this is a normal process in calculation.

Cheers

Mediator
Attached File(s)
File Type: mq4 Symphonie_Extreme_Cycle_Indikator.mq4   15 KB | 1,029 downloads
  • #1,577
  • Oct 18, 2011 7:48am Oct 18, 2011 7:48am
Hi Jusiur, thanks for your reply, I've downloaded the indicator but there's some little deviation from the original.

Hi eval, as time passby, I've seen your chart recently posted and it seems like you have change other sets of indicators different from the 1st post. (cos the names of the indicators are different names.)

May I ask what are the new indicators that you have replaced your initial 4 indicators?

Quoting jusiur
see post #1466 youŽll find some similar but I donŽt sure if it have ATR calculation in it core, but works fine. Be sure to set the imputs (68)
  • #1,578
  • Oct 18, 2011 7:55am Oct 18, 2011 7:55am
Quoting Mediator
Now it's time to contribute in this system.

firstly i want to thank Eval for his great system.

Today i made some cycle analysis. i calculated the ranges of the cycle Tops - Cycle Bottoms and vice versa.

First i calculated them in the 1 hour TF. i got 180 cycles since the year 1999.

the minimum range a cycle made was 309 pips.
the maximum range a cycle made was 2133 pips.
With a mean value of 659 pips.

117 cycles forms below the mean value (65%) and the rest above. (see picture 1)

Second i calculated the 5 min TF cycles. i got there 1345 cycles...


So this means that you could make everyday about 100 pips on 5 m timeframe with the use of simpfony system ?
Eval said previosly that we should enter the trade on 5 min tf if on the 15min tf the price is above the trendline, so it is a must rule now ?
For better use of system we should define market conditions to use of other timeframe for better results, because we have problems when to exit on 5 min Tf cuz a lot of extreme spikes signals are occuring...
Maybe If we see an extreme spike on 1h chart we could enter on 15m tf, this will give us more confidence.

Thank you all and specialy Evaluator for the great system !
  • #1,579
  • Oct 18, 2011 8:02am Oct 18, 2011 8:02am
Quoting sneid
Hi Jusiur, thanks for your reply, I've downloaded the indicator but there's some little deviation from the original.

Hi eval, as time passby, I've seen your chart recently posted and it seems like you have change other sets of indicators different from the 1st post. (cos the names of the indicators are different names.)

May I ask what are the new indicators that you have replaced your initial 4 indicators?
sneid,

rmyers made a combo indikator for sentiment and emotion. i am testing it out. it seems to work fine. it combines sentiment and emotion indikators into one. when they do not agree then bars are yellow.

here is indikator.

eval.
Attached File(s)
File Type: mq4 Symphonie SentimentEmotion Combi Indikator v1.0.mq4   7 KB | 1,084 downloads
  • #1,580
  • Oct 18, 2011 8:10am Oct 18, 2011 8:10am
Quoting LuisPrinc
So this means that you could make everyday about 100 pips on 5 m timeframe with the use of simpfony system ?
Eval said previosly that we should enter the trade on 5 min tf if on the 15min tf the price is above the trendline, so it is a must rule now ?
For better use of system we should define market conditions to use of other timeframe for better results, because we have problems when to exit on 5 min Tf cuz a lot of extreme spikes signals are occuring...
Maybe If we see an extreme spike on 1h chart we could enter on 15m tf, this will give us...

LuisPrinc,

i never guarrantee you make 100 pip a day....that is not true. it depends on your skills as a trader.

i have said that; i believe Symphonie System will improve your trading skills and make you a more successful trader.

to claim you will make 100 pips a day is something a lying retail EA seller would do. i will not make that claim because i try to be honest and open about my system.

as to my post #1552; it is not a rule it is just a tip to possibly help you improve your trading skills. if you go back through thread i have posted many tips.

good luck in trading.

eval.
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