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Attachments: Symphonie Trader System
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Symphonie Trader System

  • #1,741
  • Oct 21, 2011 5:54am Oct 21, 2011 5:54am
Quoting logic38
Hey real jumper would you mind disclosing your exit methods
I don't mind at all, but they can be a little complex as it really comes down to a bit of experience. In future I'll post my reasons for exit if it helps?

Meantime, he's a naked chart of the recent bear run, and the reasons for exit.

1. At this point an Extreme Spike was painted. After such a strong bear move I didn't see any reason why it would suddenly end here.....I mean, why would it stop here? So what I did was move the stop loss to break even + the spread.

2.As the next few candles were painting, I could see the beginnings of a flag forming, which is a reasonable sign that the bears aren't finished yet. The Extreme Spike was still there. After a short while there was a breakout from the flag and the Extreme Spike disappeared.

3. See that candle there? It's called a hammer (I think), but never mind the name. What it shows is a strong fight back from the Bulls at last. The candle tried to push further south, but the bulls said 'no way' and pushed it back again. So the bulls have arrived and it's plain to see......this is a great place to exit.

Hope that helps. I'll try and post my reasons for exit in future
Attached Image (click to enlarge)
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,742
  • Oct 21, 2011 5:56am Oct 21, 2011 5:56am
Quoting Ryan.ua
RJ can you post this indicator here? I would be very grateful.
http://www.forexfactory.com/showthre...21#post5059721
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,743
  • Oct 21, 2011 6:11am Oct 21, 2011 6:11am
Yes thanks for that Real Jumper


I have been in the pips so many times only for the trade to reverce on me and take me out at break even, or even a loss because I feel the trade may need a bit of breathing space, I am starting to think
move stop to B/E quicker ok if you get stopped there is often another entry point
if trade moves your way look for trend lines major sup/res arears and pivots fibs etc to take some money of the table.
Oh and candle stick pattens
  • #1,744
  • Oct 21, 2011 6:20am Oct 21, 2011 6:20am
Quoting logic38
Yes thanks for that Real Jumper


I have been in the pips so many times only for the trade to reverce on me and take me out at break even, or even a loss because I feel the trade may need a bit of breathing space, I am starting to think
move stop to B/E quicker ok if you get stopped there is often another entry point
if trade moves your way look for trend lines major sup/res arears and pivots fibs etc to take some money of the table.
Oh and candle stick pattens
You're welcome

Yep.....candles tell a story all on their own, but sometimes the tell tale exit candle may not appear on the chart you are viewing....perhaps it appears on the M15 or M30 or H1, and you just didn't see it. Shit happens sometimes!!

Personally I don't care about trend lines. I'm not saying that they aren't valid or that they don't work, because they do.....I just don't use them.

The things I look for, in no particular order, are candles and multi candle formations, pivots, previous sup/res areas, and sometimes fibs. That's about it really.

As you say, sometimes you get knocked out at BE. Try to not let a trade that is in profit turn against you. It's better to exit with 5 pips than it is to exit with -20!! You won't go broke from taking profit, no matter how small....and....you can always re-enter if conditions are favourable. If not, tomorrow is another day
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,745
  • Oct 21, 2011 6:34am Oct 21, 2011 6:34am
Quoting realjumper
I've had a look at Silver Trend and it seems to have a bad repainting issue according to various reviews. ASC Signals looks a bit better and they claim it doesn't repaint so I might try that as a comparison. My New Indi doesn't repaint either, once the candle closes, the arrow is there for keeps.
Try this indi the dot apear in the close/open candle. No repainting.
Good Luck.
FxHope
Attached File(s)
File Type: mq4 Golden Finger.mq4   5 KB | 1,005 downloads
  • #1,746
  • Oct 21, 2011 6:36am Oct 21, 2011 6:36am
Quoting FxHope
Try this indi the dot apear in the close/open candle. No repainting.
Good Luck.
FxHope
Ok...thanks, I'll have a play with that one as well.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,747
  • Oct 21, 2011 6:40am Oct 21, 2011 6:40am
Time for me to call it a day......so trade well and I'll see you all next week

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,748
  • Oct 21, 2011 8:56am Oct 21, 2011 8:56am
Hello everyone!

It’s been a while that I am observing this thread, and I think that I could finally join you guys. I’m not really new here at FF, but it’s been quite some time since my last posts around here. I think Realjumper might remember me from another forum we used to participate, and I believe our main method is quite similar, since we were taught by the same person

I’m basically a daytrader, real account, mostly 15min chart, my analysis is very old school...pivots, trendlines, fibs...stochastics, nothing fancy. I am searching for a new strategy that can make me more agile on lower timeframes, and this system so far seems to add a nice synergy to my method. Nice job Evaluator.

With all this craziness going on, and the increased volatility I was able to catch several good runs of 50, 70, even 100+ pips on the 5m charts. If this new indicator of Realjumper is indeed what I think it is, it’s good stuff.
My life is quite busy now, with college classes, job, friends and girlfriend, and I still have to find time to trade, so I don’t sleep anymore during the week LOL, but I intend to participate more here next week, wish you all a good weekend and very good trades in the future.

Jack.
  • #1,749
  • Oct 21, 2011 9:30am Oct 21, 2011 9:30am
FxHope,
How can I get rid of the alert on the golden finger indicator ?
  • #1,750
  • Oct 21, 2011 9:54am Oct 21, 2011 9:54am
ACCOUNT Statistics Report - WEEK 5

As I have done for the past Friday, I am posting my weekly Account Statistics Report on the Account that I opened when I began this thread.
Four trading weeks ago, I started this thread and I setup a trading account with 3k the same day (19 September 2011) to strictly trade by the rules defined in this system. This was done in effort to prove this system.

I have tried to be open and honest about all the particulars of this system; posting all orders (good and bad) that I have made on that account. I have followed the Money Management rules using ARS, Order Account Balance Protection, and the Entry and Exit Strategies that are defined in Post #1.

I hope you will take a look ALL the Account Statistics reports and compare. I think this demonstrates that trading this system can be done successfully if you stick with it, keeping consistant in your trading method and practices.

For this past week, I have traded in the 15 min timeframe and as you can see the account had a small problem by an EA testing issue that was unexpected. I would say overall the 15 min was quite successful as I was able to completely erase the EA losses (8300) with profit from trades in the 15 min window.

This week however has been quite difficult to trade as news events of the week have really produces some wild swings and caused many potential trades to be nullified as they changed the conditions of the market which delayed the markets true direction.

The thread account has reached the 30k balance. This is a milestone. That means that using the Symphonie Trader System it is possible to take 3k and make a return of 1000% in the course of 5 weeks.

Will this be true everytime?...no Is it possible to do better....yes. Can you do it?....that one is up to you

But if you are willing to apply yourself and pay strick attention to the rules and follow the money managment techniques and make good chart interpretation. You will most likley have a good chance at getting a good return for your efforts.

It is a matter of what are you willing to do to make it and how much self control have in your forex trading.

Again, I hope you find these reports informative; as always all stat reports can be found on post #1 (links) or by searching the thread.

Trade well,

Evaluator
Attached Image (click to enlarge)
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  • #1,751
  • Oct 21, 2011 10:57am Oct 21, 2011 10:57am
173,372
Growing and Growing and Growing

Since my last post about visititation (7 days ago) this thread continues impressive gains of 26.03%!!!

(see post #150 , post#658, post#1164 and post #1508))

A big HUG and Kiss to everyone ...

Thank you for visiting this thread. It is my sincere hope you find it instructive and helpful to your trading.
PLEASE PLEASE please....keep it up with the comments, ideas, and teamwork.

Evaluator.

(please do not forget to rate)

P.S. Have a WONDERFUL WEEKEND!
  • #1,752
  • Oct 21, 2011 11:35am Oct 21, 2011 11:35am
Quoting Evaluator
ACCOUNT Statistics Report - WEEK 5

As I have done for the past Friday, I am posting my weekly Account Statistics Report on the Account that I opened when I began this thread.
Four trading weeks ago, I started this thread and I setup a trading account with 3k the same day (19 September 2011) to strictly trade by the rules defined in this system. This was done in effort to prove this system.

I have tried to be open and honest about all the particulars of this system; posting all orders (good and bad) that...
Dear Eval!
I follow your thread from begining. Your system works very well.
But sometime I lost and it make me confuse because althought I ordered when 4 indicator inlight, I still lost
I miss something or I am not lucky. Can u share more about your experiment before u set your order by 4 indicator what do u analysis more? Thanks
I use your original setting from post 1, I trade TF 5, SL 30 pip,
  • #1,753
  • Oct 21, 2011 11:52am Oct 21, 2011 11:52am
Quoting Evaluator
ACCOUNT Statistics Report - WEEK 5

As I have done for the past Friday, I am posting my weekly Account Statistics Report on the Account that I opened when I began this thread.
Four trading weeks ago, I started this thread and I setup a trading account with 3k the same day (19 September 2011) to strictly trade by the rules defined in this system. This was done in effort to prove this system.

I have tried to be open and honest about all the particulars of this system; posting all orders (good and bad) that...
Fantastic results Eval!

You are the man!
  • #1,754
  • Oct 21, 2011 1:43pm Oct 21, 2011 1:43pm
Hi Guys

I would like to share with you, my new improvement to Eval system.
At beginning i would like to thanks Eval for showing us his great concept and his big efforts to make it better and better. I don't want to change his system, i just want to help us together to build something better and much simple.

Ok let me explain... I found very good indicator, which in my opinion suits perfect to this system, and what is the best that we can change all this 3 indicators for this one. It shows very nice were is potentially reversal point, what is marked by a dot on indicator. The best is that in NOT REPAINT, after dot appear it will never disappear.

But like all indicators this one is not perfect, and of course not always those points are final reversals, but very often they are.

I was testing this indi all this week, and i'm impressed with my results. I made 65 % of my account - REAL Account.

The rule of entry is the same, you have to wait until supertrend will change colour, but first You will have signal from this indi, which will show You potential point of reversal. So You can be prepared to open a position.

Please take a look on screen shots, it will say you more than my words.

Sorry for my English, i'm trying do my best

I you got any questions, just ask I'll try to answer the best i can

Good Luck Everyone !
Attached Image(s) (click to enlarge)
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Attached File(s)
File Type: mq4 TrendWave2.mq4   5 KB | 1,957 downloads
  • #1,755
  • Oct 21, 2011 2:05pm Oct 21, 2011 2:05pm
Quoting ttaro27
FxHope,
How can I get rid of the alert on the golden finger indicator ?
You will need a coder, I cant help you.
Good Luck.
  • #1,756
  • Oct 21, 2011 2:49pm Oct 21, 2011 2:49pm
Looks great gorbi what do you use for exit.

The same as the orginal system?
  • #1,757
  • Oct 21, 2011 3:02pm Oct 21, 2011 3:02pm
Heyah

For exits i'm using two ways, i'm always opening two positions. First one i'm closing after achieving 20-30 pips, second moving stop to BE, and waiting for:
- first dot on opposite side appear
- or waiting until supertrend change colour

It depends how the price action looks like, if i see that price moves really fast then i'm waiting for bigger profits, if it stalls i'm closing, and waiting for next signal. From my experience, mostly targets around 40-60 pips in one move are really reliable. But of course some times we got bigger moves like 100-200 even. But i prefer to take profits around 60 pips. It's still very good reward for me

Cheers
  • #1,758
  • Edited 4:15pm Oct 21, 2011 3:26pm | Edited 4:15pm
Quoting Jack Herer
Hello everyone!

It’s been a while that I am observing this thread, and I think that I could finally join you guys. I’m not really new here at FF, but it’s been quite some time since my last posts around here. I think Realjumper might remember me from another forum we used to participate, and I believe our main method is quite similar, since we were taught by the same person

I’m basically a daytrader, real account, mostly 15min chart, my analysis is very old school...pivots, trendlines, fibs...stochastics, nothing fancy. I am searching for...
Hello there Jack, great to see again

As you will have read, this excellent system of Eval's is pretty damn good, 'straight out of the box', but we are trying to improve it. I think (for me) I am getting very close, and if this New Indi works consistently well, we could be onto a winner. I think another week of testing and posting charts for people to see how I use it, and then I'll share it with the forum.

You're quite right, we both will have a similar style because we had the same teacher. This system of Eval's seems to be more profitable and easier to use than our previous method, and it seems to not worry about whether a market is trending or consolidating or whatever.......that's the beauty of being able to use the M5 charts well. Even counter trades are good if you're careful.

It's breakfast time for me, so I'm off to have some bacon and eggs.

Good to see you Jack, and welcome to the forum, We are all privileged to have you here.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,759
  • Oct 21, 2011 4:09pm Oct 21, 2011 4:09pm
Quoting Evaluator
ACCOUNT Statistics Report - WEEK 5

As I have done for the past Friday, I am posting my weekly Account Statistics Report on the Account that I opened when I began this thread.
Four trading weeks ago, I started this thread and I setup a trading account with 3k the same day (19 September 2011) to strictly trade by the rules defined in this system. This was done in effort to prove this system.

I have tried to be open and honest about all the particulars of this system; posting all orders (good and bad) that...

Eval,

great, great, great results!!!

But anyway, how many trades do you close in a day? In average of course. In 5 weeks you have close an high number of trades... and only on EURUSD...
  • #1,760
  • Oct 21, 2011 5:01pm Oct 21, 2011 5:01pm
Hey Gorbi777 I believe Eval specifically mentioned not to post any new indy's until you have throughly tested yourself to prove that it works,but I must say I know where this indy comes from and I think you may be on to something it can be a good addition but only time and testing will tell,please report back with results.:nerd:
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