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Symphonie Trader System

  • #3,361
  • Dec 2, 2011 3:19am Dec 2, 2011 3:19am
Quoting dumplin_eater
Hi all,

I have a question for anyone who can help. Can you tell me what the setting should be for the Symphonie Extreme Indicator on the 1hr or the 4 hr chart? I tried the settings stated a few pages back and it doesn't seem to line up correctly as it does in the 5 min chart. Because of my job I cant really play the 5 min chart so the 4hr settings would be best for me.

Thanks.


P.S. Great thread by the way
Hi dumplin_eater

Why not try to link the higher time frames, ie the default setting is 3 therefore this actualy means you are following a 12 hr trend on a 4Hr chart. Setting a length of 6 would = a 24 hr trend. I am currently experimenting with this trying to link cycles across time frames. Just began trading it live this week with mixed results, it seems to be more reliable with time frames longer than 5 mins. Please dont try on the one min as it will kill you.

Good luck
Nut
  • #3,362
  • Dec 2, 2011 3:40am Dec 2, 2011 3:40am
Quoting bfis108137
I am experimenting with a filter to avoid bad trades. Basically my theory goes like this. This strategy imho works best in ranging markets. I am not talking about the bad kind of ranging where it fluctuating in a range of 5-20 pips. I am talking about a market that is stuck in a large range for a few days. The reason is that in a trending market you are likely to get an extreme top or bottom telling you to go against the trend. Essentially you are destined to lose in this scenario. It will just keep going in the direction of the trend and then it...
I'm testing that theory for 5 days now and these are the rules i set for myself:

1. AC, AU, EA (because they trend longer and doesn't chop like GU or EU)
2a. Symphonie Extreme Indicator v2 (combined emo and senti)
2b. cycle identifier with alert1 major , in a separate window
2.3 HMA by lindrich
3. TP 10pips above BE
4. SL 50pips or daily hi/lo break
5. allow the bar to close, referesh, then enter when HMA and symphonie are in the same color to the direction of the cycle identifier.

the key is the version i mentioned.

example: current EA
my last red spike was 10:50am in GMT+3 Dec1.

upon loggin in today, i saw a blue spike at 6:50am Dec2. the HMA and symphone went to BULL so i entered a buy at 3165 and closed at 3174 (TP 10pips above BE)

then at 9:25 Dec2 the BULL SPIKE disappeared. so i followed the red spike last 10:50am in GMT+3 Dec1. the HMA went red symphonie repainted to red hence i entered a sell at 3170 and closed at 10pips profit. this is the trade you are referring to, and i have been doing this 12 times for EA since that 220pip-jump last wednesday.

im doing 3 currencies so approx 32x since Nov 30. i made 46 re-entries on monday and tuesday. for this week alone 78 trades, 0 losses.

as soon as the colored spike disappears upon refresh, i refer to the spike before it. and the window foreground is black, so i can easily identify when it's gone and where to locate the previous valid spike.

hope it helps...
  • #3,363
  • Dec 2, 2011 4:02am Dec 2, 2011 4:02am
Quoting CasinoEdge
itsallover: See if you can get that indie working (Post 3342), it really helped me. May providence shine upon your trading...
CasinoEdge,
I've been reading all your posts and would like to thank you for all contributions thus far.
Would you please shed more light on how you catch your tops and bottoms? I do realise that the GoldenCycle Indie helps in determining these tops and bottoms, but there are a fair number of false signals in between. How do you filter out those false signals?
Thanx in advance.
.... laughing all the way to the bank
  • #3,364
  • Edited 5:03am Dec 2, 2011 4:52am | Edited 5:03am
Quoting yelena
I'm testing that theory for 5 days now and these are the rules i set for myself:

1. AC, AU, EA (because they trend longer and doesn't chop like GU or EU)
2a. Symphonie Extreme Indicator v2 (combined emo and senti)
2b. cycle identifier with alert1 major , in a separate window
2.3 HMA by lindrich
3. TP 10pips above BE
4. SL 50pips or daily hi/lo break
5. allow the bar to close, referesh, then enter when HMA and symphonie are in the same color to the direction of the cycle identifier.

the key is the version i mentioned.

example: current...
So what do you do if you get a re-entry, the take profit isn't reached and then you get an opposite signal, or hasn't that happened yet in 78 trades?
  • #3,365
  • Dec 2, 2011 5:30am Dec 2, 2011 5:30am
Quoting ohammond
So what do you do if you get a re-entry, the take profit isn't reached and then you get an opposite signal, or hasn't that happened yet in 78 trades?

once i position, the TP 10 and SL 50 are set religiously.

it has happened some 10 times. and if all of them hit my 50 SL, it should have wiped 64% of my winnings (not investment coz lot size is constant). but the SL has not been hit so far. too early to tell if that strategy is sound, just been 5 days.

i think the choice of those 3 currencies helps alot - they are long trending (but with no apparent momentum so eval's trendline gives mix signals). go check it yourself, whether M15 or M5. in essence im scalping the trend (too afraid that it will go againts me)
  • #3,366
  • Dec 2, 2011 6:05am Dec 2, 2011 6:05am
Quoting yelena
once i position, the TP 10 and SL 50 are set religiously.

it has happened some 10 times. and if all of them hit my 50 SL, it should have wiped 64% of my winnings (not investment coz lot size is constant). but the SL has not been hit so far. too early to tell if that strategy is sound, just been 5 days.

i think the choice of those 3 currencies helps alot - they are long trending (but with no apparent momentum so eval's trendline gives mix signals). go check it yourself, whether M15 or M5. in essence im scalping the trend (too afraid that it...
Thanks for the answers Yelena, another one, when you say linrich's HMA which of the indicators do you mean, I couldn't see one that is actually called an HMA in his indicators.
  • #3,367
  • Dec 2, 2011 6:16am Dec 2, 2011 6:16am
Quoting ohammond
Thanks for the answers Yelena, another one, when you say linrich's HMA which of the indicators do you mean, I couldn't see one that is actually called an HMA in his indicators.
instead of giving you the indicator outright, go to the seach box, and key in "lindrich." unforetunately he only has 7 posts. my experiment was born from his strategy. but his performance was better than mine. you may want to read his 2nd and 3rd posts too. i just cant do without stop loss.

warning, i'm a noob, so i have no charting, trending nor fibo knowledge. (i unconciously learned the concept of fibo, bottoms, tops and momentum simply because i practiced eval's system strictly. very simple and straight forward. yes, im doing a parallel run of my experiment and eval's system.)
  • #3,368
  • Dec 2, 2011 6:22am Dec 2, 2011 6:22am
Quoting yelena
instead of giving you the indicator outright, go to the seach box, and key in "lindrich." unforetunately he only has 7 posts. my experiment was born from his strategy. but his performance was better than mine. you may want to read his 2nd and 3rd posts too. i just cant do without stop loss.

warning, i'm a noob, so i have no charting, trending nor fibo knowledge. (i unconciously learned the concept of fibo, bottoms, tops and momentum simply because i practiced eval's system strictly. very simple and straight forward. yes, im doing a parallel...
I've done a search already, found his posts and indicators and none of them are called HMA which is why I asked, just the name of it will be fine, you don't have to re-post.
  • #3,369
  • Dec 2, 2011 6:41am Dec 2, 2011 6:41am
hello, i am new in this forum and i am readin with big interest about this indicator. i am using the indi now for 1 week on my demo account. is working well. thanks to the great programmer.
now i have a question; i observed the gold super cycle and the market emotion they change the colour. e.g. first they are yellow or red and than later they become blue, is that right??
pls take a look at the screenshots (1- 2
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-12-02_181246_st_01.jpg Size: 170 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2011-12-02_181246_st_02.jpg Size: 163 KB
).
  • #3,370
  • Dec 2, 2011 7:17am Dec 2, 2011 7:17am
Quoting ohammond
I've done a search already, found his posts and indicators and none of them are called HMA which is why I asked, just the name of it will be fine, you don't have to re-post.
oh, so someone has removed it.

i attached the template as how lindrich modified the trendline. kindly rename the file to cycle identifier experiment.tpl (renamed due to FF restrictions) and put it in the brokers name/templates folder.

then the 2 trendlines (to be placed inside brokers name/experts/indicators folder). lindrich's TL is the one with bright green and red.

hope this helps.
Attached File(s)
File Type: txt cycle identifier experiment.tpl.txt   6 KB | 864 downloads
File Type: ex4 Symphonie_Trendline_Indikator.ex4   3 KB | 582 downloads
File Type: ex4 Symphonie_Trendline_nrp.ex4   4 KB | 638 downloads
  • #3,371
  • Dec 2, 2011 7:20am Dec 2, 2011 7:20am
Quoting yelena
oh, so someone has removed it.

i attached the template as how lindrich modified the trendline. kindly rename the file to cycle identifier experiment.tpl (renamed due to FF restrictions) and put it in the brokers name/templates folder.

then the 2 trendlines (to be placed inside brokers name/experts/indicators folder). lindrich's TL is the one with bright green and red.

hope this helps.
Thank you Yelena.
  • #3,372
  • Dec 2, 2011 10:47am Dec 2, 2011 10:47am
I am trying to add an alert to the Symphonie Trendline indicator, but cannot figure it out...

It seems like it should be simple but... not for me.

Can someone who is a better programmer than me please add an alert to this indicator when it changes color.

That would be a nice addition, since it is typically the last indicator to change. Then when we get that alert, we just look back to verify all the other indicators are aligned - then enter a position.

Thanks !!
  • #3,373
  • Dec 2, 2011 11:11am Dec 2, 2011 11:11am
Quoting dumplin_eater
Hi all,

I have a question for anyone who can help. Can you tell me what the setting should be for the Symphonie Extreme Indicator on the 1hr or the 4 hr chart? I tried the settings stated a few pages back and it doesn't seem to line up correctly as it does in the 5 min chart. Because of my job I cant really play the 5 min chart so the 4hr settings would be best for me.

Thanks.


P.S. Great thread by the way
Hi
Hope this helps

PriceActionFilter 2
Length 2
MajorCycleStrength 4
UseCycleFilter true
UseFilterSMAorRSI 1
FilterStrengthSMA 4
FilterStrengthRSI 8


All the rest of the fields stay the same.
.... laughing all the way to the bank
  • #3,374
  • Dec 2, 2011 12:07pm Dec 2, 2011 12:07pm
Quoting HammerDown
I am trying to add an alert to the Symphonie Trendline indicator, but cannot figure it out...

It seems like it should be simple but... not for me.

Can someone who is a better programmer than me please add an alert to this indicator when it changes color.

That would be a nice addition, since it is typically the last indicator to change. Then when we get that alert, we just look back to verify all the other indicators are aligned - then enter a position.

Thanks !!
you can find it here #3057
Humble & Kalcker CLO2 = Covid killer
  • #3,375
  • Dec 2, 2011 12:54pm Dec 2, 2011 12:54pm
Quoting jusiur
you can find it here #3057
Awesome jusiur ..... thanks.
  • #3,376
  • Dec 2, 2011 1:19pm Dec 2, 2011 1:19pm
Quoting bfis108137
I am experimenting with a filter to avoid bad trades. Basically my theory goes like this. This strategy imho works best in ranging markets. I am not talking about the bad kind of ranging where it fluctuating in a range of 5-20 pips. I am talking about a market that is stuck in a large range for a few days. The reason is that in a trending market you are likely to get an extreme top or bottom telling you to go against the trend. Essentially you are destined to lose in this scenario. It will just keep going in the direction of the trend and then it...
Very wise analysis of trending versus ranging markets, and under normal circumstances the cycle spikes and other Symphonie indy changes can pop you out of the trend. Unless (this is not always the case but helps most of the time), there is something that cuts thru those interim spikes to keep you in the same direction until the reversal. There is... Will be in my next post to "itsallover" (and yet to pull this off I will have to digress from this thread to some degree if that won't upset too many people. Don't worry, this thread is"my MAMA", and symphonie is the core logic. That WON'T change).

In the meantime, a little "heads up with aussie traders. a/u has bounced twice off 100 fib in 1hr, and same rough bounce with euraud. Possible weakening!

So using a 288ema is good, I use a THV 4 coral (instead of a 50sma because it changes color on bottoms and tops), and 100, 144 are also popular for seeing slopes, like the Hullma. Using the slope of these higher ma's allows a trader to use those times in a trend when price butts up against the ma like a wall, and bounces off in the direction of the trend like as described in the 1st few pages of ridiculus 7 pips trading system. Don't use the 13 and 21 ma, ok.
These bounce continuations can be good re-entry points when most (consensus) symphonie indies agree.

Now for tops and bottoms. Consider the last bottom on audusd or top on euraud. this is where the trendline indie comes in. When trying to tag tops/bottoms, the trendline indie purposely "slows" you down "long" enough for the trend 'steam' to run-out, and the new direction to kick in. I can see it easier in the 1 hr charts! That's why IMHO it should be the "last" indie to change.
And also, I use several pairs to correlate (like MJ) possible reversals, never using just 1 currency for that. and looking at lower and higher timeframe charts at a single glance (I use 2 monitors, and if you only have 1 then christmas is coming up. Ebay has used monitors with that new higher resolution 1920x1200 for about $200-250.00)
Also, the top/bottom of au and ea were at a major S and R level.

Now once in a trend , the Symphonie indies need a leash or they'll "run wild". So how to put a harness on them. It's called "Multiple Time Frame".

That is like being in an airplane to get a broader consensus view of direction. MTF indies are suppose to "average in" the longer term data. So take the middle data (hint, hint, hint, hint) for trend stabilization. And if the middle data isn't working in the time frame that you have chosen to trade in (ie: 1m, 5, 15min charts, etc), then change to times period-ically in those mtf indies to match your trading tframe (ssshhhhhh! Be quiet, nobody is suppose to hear this). If you like trading the 1 min charts, why use settings starting with a 5 min setting in your indie when you might want to start your setting with "1", and go up from there. Some indies don't auto adjust just because you put them on higher or lower timeframe charts. You have to make the adjustments.

I realize now I don't have to answer "itsallover". Already have!
This IMHO for sure has cracked the Symphonie sys and allowed me to take over 4,000 pips away from bank traders (and I didn't even really know what I was doing, trading like a cowboy) for November (and almost the same for Oct), and I beleive is a strong solution to post 3361,3363,3364,3365,3367 etc.

Yelena, a confessed noob, is SO on the right track, and good to see the aussie pairs in there (the trend is not only your friend, it can be your "best" friend if given a chance).Also, by trading multiple pairs that like to trend, that by entering trades on all (or most) of those pairs when the reversals hit (using much lower MM than Eval suggests), then when they go into sideways action, some will still range high enough to be considered mini trends, while you might be stuck in or holding thru the choppyness with your MTF indies on the other pairs. Or just move to and trade small timeframes til trends pick back up.

For those trading from higher timeframes (I trade 1 and 5 min charts too, just like to go to 1 hr at times to either stay in the trend or if I feel like doing other things away from the screen), JIVA34 (oooops!) most recent threads are a serious education for D1 or 4hr (read while the threads are still just a couple 5 pages each, and those threads are being inspired by a very seasoned trader like Eval).Managing from the 1 hr, the NFP was like a candy bar snack!
Eval
Managing from the 1 hr, the NFP was like a candy bar snack!

"itsallover", play around with 1 of those indies' you found, and let us Know how it goes!!!
Like a real stup I forgot to trade this last round with uadjpy and gj. Oh well, $$$ lost, wisdom gained.

I read FFactory threads 18 hrs / day 6 days a week (jeez - no wonder I have to manage trades from 1 hr). I trade full time, sleep thru Franky and London, and am having to slap myself every morning I wake up to make sure I'm NOT dreaming.
For those who really "get" the Symphonie MTF thing, I'll see you in Monte Carlo, or on the beaches of the world. Don't be a gambler, be the casino, with the house edge.
May Christmas come much sooner to all of you this season.
I am always beneath you, and I deserve No credit for anything in this post that helps anyone in this thread...
May you be the Sun of your days, and the Star of your nights
  • #3,377
  • Dec 2, 2011 1:46pm Dec 2, 2011 1:46pm
CasinoEdge,
As usual a magnificent post. Thanx for spending the time to answer my post.
Now.... if you'll just excuse ... me I have a very important post to re-read
.... laughing all the way to the bank
  • #3,378
  • Dec 2, 2011 1:47pm Dec 2, 2011 1:47pm
Quoting itsallover
Hi
Hope this helps

PriceActionFilter 2
Length 2
MajorCycleStrength 4
UseCycleFilter true
UseFilterSMAorRSI 1
FilterStrengthSMA 4
FilterStrengthRSI 8


All the rest of the fields stay the same.
Thanks I'll test these out and see what happen
Island hopping throughout the Caribbean
  • #3,379
  • Dec 2, 2011 3:42pm Dec 2, 2011 3:42pm
Hi,

New to Forex. Been following the thread for a while. Wanted to ask RealJumper if you have different settings for the extreme indicator on m1 charts. I seem to have very few spikes on m1. Significantly less than that on the m5.
  • #3,380
  • Dec 2, 2011 7:27pm Dec 2, 2011 7:27pm
Quoting tiago1
Hi,

New to Forex. Been following the thread for a while. Wanted to ask RealJumper if you have different settings for the extreme indicator on m1 charts. I seem to have very few spikes on m1. Significantly less than that on the m5.
May this little nothing trader please offer some potential help.
Now whatever advice RJ gives you automatically trumps and has much more weight than anything I could add.
I have this also on my 1 min chart. Thought it was wierd until I got an idea. Maybe less spikes, the better. Why, because even when I don't get interim spikes on a 1 min chart, I ALWAYS get em really close to tops and bottoms (They always have to come). Why, don't know, yet it helps to stay in the trade longer than if I was getting more spikes. Longer in the trade, more potential pips. Not always the case of course, yet might be a consideration. Pull some history on your 1m chart, and see "where" those spikes occured. My biggest problem in 1m charts is so many whipsaw signals. I have spent some screentime just watching where those few spikes arrive. And also, the emo/sent combo indie (gold supercycle) can be adjusted for a little less sesitivity, to more closely match the more "on target" spikes that do show up on 1 min. Just my 2 cents.
Attached Image
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