Sonic R. System | Page 1440 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #28,781
  • Dec 7, 2011 2:48am Dec 7, 2011 2:48am
GU:

Entered M30 SonicR short (EP= 1.5597).
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2011 - 016.gif Size: 47 KB
  • #28,782
  • Dec 7, 2011 3:04am Dec 7, 2011 3:04am
Quoting Basber
In order to confirm your statement, I might add some things :

I never risk more than 1% of my account. Sometimes only 0.3% .. Money comes as a result, the ones who risk more than 1-2%, are looking for the profit they could made. That's the way amatuers look at it.

Continues trade record for at least one session is crucial before coming to any conclusion in any method.

I don't believe in the winrate above 75% and Sharpe ration above 0.6 . I believe in the combination of them. You can have a win rate of 5% and be a winner and a Sharpe ratio...
hi Basber:

here is further info regarding this topics:

1. how many % of acc should risk.
What I suggested 1.5% is base on mathematic optimization result of random equity curve simulator. There are mathematic balance of % risk, win rate and reward risk rate. basically , if the reward/risk factor no change the higher the win rate, the higher % per trade should risk.

If trader has consistent performance, this optimization can help to get best finance result out of trading. In J16 private forum has link for Java base equity curve simulator, or you can try to Google one. on the other hand, the trader need to have ability maintain the performance with increase of % risk, as the physiological influence will increase along the way.

2. "You can have a win rate of 5% and be a winner and a Sharpe ratio around 0.3 and also be a winner. "
yes, i believe in theory that works, however, it's no practical, if a trader have less than 40% win rate, it’s very difficult to maintain his/her mantel stability and objectiveness that trader should have, (aka being patience, let the profit run, ect..) Especially for learners in trading, higher win rate approach will be much easy path for them to move forward.

After all, Sonic R is trend following system, generally traders should expect higher than 60% win rate.

regards
PH
seeing through
  • #28,783
  • Dec 7, 2011 3:38am Dec 7, 2011 3:38am
Quoting odges
don't make this forum as kindergarten. this forum is free to say anything you wish and no one can forbid you to post. but..if this system doesn't work for you, why you coming here over and over again ant trying to prove that for other fellow traders to whom this system works ? Or I don't get what you are trying to say there recently.

regards
sweikas odges,norejau pasakyti tai kad valiutu rinkoj soniko klasikinis wariantas neveikia. sioj sistemoj daug reikia patobulinimu

as tikiu kad masteris sios temos kurejas padaro pelna,bet jis padaro por treidu i sawaite ir tai retai yra,dirba su eurusd.

as apie ji nesakau nieko dar yra ,manau kokia desimtis trreideriu kurie padaro profita su sia sistema,issislifave ir issifiltrave treidus.

esme mano postu yra tokia kad naujokam norejau pasakyti kad neprisisvajotu klasikiniu sonicu nes jis neweikia,
+ dar pasakiau kad geriau butu prekiaut sia sistema metalais,akciju rinkose (dieniniuose grafikuose atrodo labai gerai.)

Pats tik daytreidinu,skalpinu soniku aukso treiduose,ir tai tik viena val per diena man to uztenka+atlikes sistemos patobulinimo principa.

Matai kaip akmens amziaus treidai veikia,o live treidu statistika nekokia,pabreziu iskiriu keleta treideriu,kurie kantrus ir sulaukia tu keliu treidu per sawaite,o kas varo 30 treidu per sawaite tai statistika nekokia,pavaro tiek loosinginiu treidu ir paskui pasakoja kad sonikas yra labai paprastas,atsimerkit,as noriu kad kaip kurie treideriai suprastu realybe,jau kaip kurie suprato ir nepostina sioj temoj,susirado lengvesniu treidinimo instrumentus ir sau prekiauja toliau arba neprekaiuja

negi odgesai tu aklas ir nematai realybes apie tai ka pasakiau ka tik db?
  • #28,784
  • Dec 7, 2011 5:08am Dec 7, 2011 5:08am
Take a look at the Chart...
100 pips move..with no information...

Price Actions (Waves), observation of S/R and Sound Money Management is the way to make money in this business in a long run....


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 79 KB
  • #28,785
  • Dec 7, 2011 6:20am Dec 7, 2011 6:20am
Easy Come, Easy Go...
  • #28,786
  • Dec 7, 2011 6:30am Dec 7, 2011 6:30am
Quoting sonicdeejay
Take a look at the Chart...
100 pips move..with no information...

Price Actions (Waves), observation of S/R and Sound Money Management is the way to make money in this business in a long run....


Sonic
I agree with u master.
The S/R plays quite well

Fractal
Attached Image (click to enlarge)
Click to Enlarge Name: 0712.png Size: 40 KB
Follow the smart money. Follow the probability.
  • #28,787
  • Dec 7, 2011 8:50am Dec 7, 2011 8:50am
Quoting sonicdeejay
Take a look at the Chart...
100 pips move..with no information...

Price Actions (Waves), observation of S/R and Sound Money Management is the way to make money in this business in a long run....


Sonic
Hmmm, is there any info on the volume indicator? I still don't know, how to use it and what it acctually does. Please, I don't wonna get into the Forex and Volume dabate right now. Thanks guys.
  • #28,788
  • Dec 7, 2011 9:09am Dec 7, 2011 9:09am
Quoting Fractal
I agree with u master.
The S/R plays quite well

Fractal
yes, it works well, your S/R selection looks very precise, how to pick that? is there any learning material can share with us??

cheers
seeing through
  • #28,789
  • Dec 7, 2011 9:46am Dec 7, 2011 9:46am
Quoting traderathome
EU:

Entered M5 SonicR short (EP= 1.3425).
EU:

Trade closed for 73 pips gain from EP to TP.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2011 - 018.gif Size: 35 KB
  • #28,790
  • Dec 7, 2011 9:49am Dec 7, 2011 9:49am
Quoting traderathome
GU:

Entered M30 SonicR short (EP= 1.5597).
GU:

Stopped out for 41 pips loss from EP to SL.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2011 - 019.gif Size: 45 KB
  • #28,791
  • Dec 7, 2011 9:52am Dec 7, 2011 9:52am
Quoting traderathome
UCad:

Entered M5 SonicR long (EP= 1.0083).
Trade closed with 34 pips gain from EP to TP1.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2011 - 020.gif Size: 31 KB
  • #28,792
  • Edited 6:18pm Dec 7, 2011 10:16am | Edited 6:18pm
my 1st and 2nd entry today for 100+ pips. Thanks sonic

http://i1209.photobucket.com/albums/...rum/7dec-1.gif
a citizen of earth
  • #28,793
  • Edited 12:28pm Dec 7, 2011 11:07am | Edited 12:28pm
Quoting eurodavid
Hmmm, is there any info on the volume indicator? I still don't know, how to use it and what it acctually does. Please, I don't wonna get into the Forex and Volume dabate right now. Thanks guys.
Hi David.

I have some time so I'll try a brief summary. You can find more in the releasing posts of my indicators and templates, one of which is linked in Post #1.

First off, forex volume is not the same as volume in the stock market, where the actual number of shares, hence the actual amount of money, is revealed. In the forex market only the number of orders are provided. We have no idea of the size of these orders! Further more, while stock market volume is shown for the whole market, forex volume is shown individually by brokers, based only on their own book of business. So, forex volume does not reveal the amount of money involved, nor does it even reveal the total number of trades market-wide.

So, what good is "volume" as an indicator? Not much, except in two notable areas:

1. When broker volume begins to notably rise, relative to recent volume, it can be a clue of sudden increased trader interest, although we do not know just from this clue in what direction is the interest. In some posts this is referred to as "rising volume". It could indicate the start of a genuine move in the current direction. But, it could also indicate a "price push" for the purpose of building a position ahead of a move in the opposite direction. Sometimes, subsequent PA will shed more light on what the purpose of the rising volume was. Once that happens, it can give you more confidence to trade, or not, the current PA direction.

2. When price has been moving notably and then there is a tall candle for which the volume is exceptionally high, that might indicate the move is nearing an end. However, it does not mean the price cannot still move a bit further, and does it does not mean there will soon be a nice move in the opposite direction. In some posts this is referred to as "climatic volume". What it does mean is that should a Sonic R. setup later occur for a trade in the opposite direction, you might have more confidence in making that trade.

In the attached example chart it is easy to see a push down in price followed by higher trading activity at the lows, and followed again with a push back up. The price pushing candles, both up and down, involved "climatic" volume. And sandwiched between them was "rising" volume notably above the average volume. This was a push down to gain access to lower prices in the lower half number area, to close shorts and go long. As you can see, all this activity was later followed by a Sonic R. long setup, and the price landed up at the upper half number area. Due to the volume story, one might have been more confident in trading the Sonic R. long setup.

As Sonicdeejay says, volume alone can be, and often is, highly misleading. But, there are two ways broker volume can offer clues to be considered in any future trade setup.

I hope this helps,
-tah
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2011 - 021.gif Size: 40 KB
  • #28,794
  • Edited 11:46am Dec 7, 2011 11:27am | Edited 11:46am
Quoting makassar
my 1st and 2nd entry today for 100+ pips. Thanks sonic

http://i1209.photobucket.com/albums/...forum/7dec.gif
Happy you made pips!

Regarding your pic, it lacks EPs, SLs and TPs, so it has no educational value for current and future readers of this thread. In the future, please post charts that fully lay out the trade parameters.

And if you can revise and re-attach your current pic, it would give it meaningful purpose to the thread.

Thank you.

-tah
  • #28,795
  • Dec 7, 2011 11:50am Dec 7, 2011 11:50am
Quoting traderathome
Hi David.

I have some time so I'll try a brief summary. You can find more in the releasing posts of my indicators and templates, one of which is linked in Post #1.

First off, forex volume is not the same as volume in the stock market, where the actual number of shares, hence the actual amount of money, is revealed. In the forex market only the number of orders are provided. We have no idea of the size of these orders! Further more, while stock market volume is shown for the whole market, forex volume is shown individually by brokers, based only...

Thanks TAH, you are always very helpful.
  • #28,796
  • Dec 7, 2011 12:24pm Dec 7, 2011 12:24pm
Quoting eurodavid
Thanks TAH, you are always very helpful.
I have edited the post to include an example chart.
  • #28,797
  • Dec 7, 2011 12:25pm Dec 7, 2011 12:25pm
Quoting traderathome
GU:

Stopped out for 41 pips loss from EP to SL.
Dear Tah

What a great thread, thanks to Sonic, you and all. I have downloaded the last verson of Sonic R but my charts bears no resemblance to yours.

Apologies for being a complete girl !

What indicator are you using that draws a line across your chart with a red or blue bulb at the end?

Many thanks, I shall continue my reading of this thread.
The things which hurt, instruct! - Benjamin Franklin
  • #28,798
  • Dec 7, 2011 12:54pm Dec 7, 2011 12:54pm
Quoting Ezmai
Dear Tah

What a great thread, thanks to Sonic, you and all. I have downloaded the last verson of Sonic R but my charts bears no resemblance to yours.

Apologies for being a complete girl !

What indicator are you using that draws a line across your chart with a red or blue bulb at the end?

Many thanks, I shall continue my reading of this thread.
In Post#1 Sonic has provided a link to some of my indys and templates released earlier this year. Try that. There was an upgrade post in June-July, which you will have to hunt for. My current posts are using stuff I am working on for a next release.
  • #28,799
  • Edited 1:13pm Dec 7, 2011 12:56pm | Edited 1:13pm
EU:

Entered M15 SonicR long (EP= 1.3409). It is late in US session, which might be a problem.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 2011 - 023.gif Size: 41 KB
  • #28,800
  • Dec 7, 2011 12:57pm Dec 7, 2011 12:57pm
Quoting traderathome
In Post#1 Sonic has provided a link to some of my indys and templates released earlier this year. Try that. There was an upgrade post in June-July, which you will have to hunt for. My current posts are using stuff I am working on for a next release.
I had in fact downloaded all hence my question but your explanation makes sense. Thank you
The things which hurt, instruct! - Benjamin Franklin
18 traders viewing now