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Symphonie Trader System

  • #3,961
  • Edited 4:37am Jan 8, 2012 2:35am | Edited 4:37am
I think the SEFC system works fine the way it is. We can tweak it a little more to increase our success rate of proper entry and exit, but sometimes you just have to stick to basic and not over complicate things by adding more cluttering indicators that will only confuse and make you hesitant to enter or exit. Just my .02 cents. I too have combine a couple of other indicators(although not cluttering) provided by Galvin. I thank Eval for the system and galvin for helping me to tweak it to my preference.

Happy trading this week.

Eval, you mention an updated version or some sort from your post back before you took vacation, is that still in the works? Danke schon.
  • #3,962
  • Jan 8, 2012 5:21am Jan 8, 2012 5:21am
hello there,
i found a old post by eval that confirm the 75 pips rules. you don't have to cut the trade on a reverse cos that's the way the system works.
it's exactly the same configuration than mine, here it is :
post709
http://www.forexfactory.com/showthre...79#post5005879
  • #3,963
  • Jan 8, 2012 7:08am Jan 8, 2012 7:08am
Quoting FXSwissTrade
I think the SEFC system works fine the way it is. We can tweak it a little more to increase our success rate of proper entry and exit, but sometimes you just have to stick to basic and not over complicate things by adding more cluttering indicators that will only confuse and make you hesitant to enter or exit. Just my .02 cents. I too have combine a couple of other indicators(although not cluttering) provided by Galvin. I thank Eval for the system and galvin for helping me to tweak it to my preference.

Happy trading this week.

Eval, you mention...
SEFC is lacking in one big way and I haven't really found the solution yet. If you are trading in a trend, you get taken to the house over and over until the trend ends. The thing is that because Eval has been trading EURUSD, he has done pretty well. I think this is because this pair while obviously the Euro is weak, USD has had it's fair share of recent problems until this past week. I ran usdchf on the simulator and it called for a short 3 times and 3 times my 75 pip sl got hit because it was in such a strong uptrend. The trick might be finding pairs that tend to not move on one another like for example any pair that involves aud, cad, or nzd would probably do well since they all tend to move together with the commodities so I would think that they would tend not to trend on each other. I was trying not to use EURUSD since I was worried that my own knowledge of the pair would taint my simulator results.
  • #3,964
  • Jan 8, 2012 8:39am Jan 8, 2012 8:39am
Quoting matman132
EVAL,
Super thread! I have not changed a thing.

However, for those trying to trade against the trend I have a simple fix. It may get you in a little later when the tend changes, but you don't trade against the trend.

Very simple solution. Add another Bull-Bears indicator to under the first one. set it 3 to 4 times higher than your lower bulls-bears indicator. If your lower one is set to 12, set your higher one to 36. Only trade when they all line up. It adds one more filter to your trade.

Another plus is that it automatically changes for...

Do you also have the extreme indicator inside that second higher Bull-Bears indicator? If so, what setting? How would you use this in relations to the SEFC's original system? Please be as specific as possible. What does the higher setting bull-bear accomplish and how do you interpret it? How and where is the information/data being pulled from. Thank you.
  • #3,965
  • Jan 8, 2012 9:15am Jan 8, 2012 9:15am
Quoting FXSwissTrade
So basically you use it similar to stochastics? Green line above red, red above green, overbought, oversold? What is the blue channel line? How does this indicator differ from stochastics? Thank you.
here

http://www.fxfisherman.com/forums/fo...indicator.html
  • #3,966
  • Jan 8, 2012 9:26am Jan 8, 2012 9:26am
Quoting Geges
here

http://www.fxfisherman.com/forums/fo...indicator.html
Thank you. I wonder what would be the ideal setting to work with this system. Anyone have a clue? Thank you.
  • #3,967
  • Jan 8, 2012 9:58am Jan 8, 2012 9:58am
Attached Image (click to enlarge)
Click to Enlarge Name: 2012.gif Size: 82 KB
Attached File(s)
File Type: ex4 SEFC04.ex4   4 KB | 682 downloads
File Type: ex4 SEFC09.ex4   4 KB | 732 downloads
  • #3,968
  • Jan 8, 2012 10:29am Jan 8, 2012 10:29am
Quoting Geges
Attachment
Geges, what is your setting for the TDI? Where is your yellow and blue lines? Thank you.
  • #3,969
  • Jan 8, 2012 1:12pm Jan 8, 2012 1:12pm
Quoting jasonnevis
What about this one?
Took this trade last week. The extreme indicator has now repainted, the chart does not show that we should have entered.
  • #3,970
  • Jan 8, 2012 1:14pm Jan 8, 2012 1:14pm
Quoting jasonnevis
GBP/USD ... Looks good to me. Maybe should wait for the pull back.

What do you guys think?
Same problem with this trade, the extreme indicator is not showing a valid entry any longer. Repainted.....

Can anyone please help me understand what I should be doing in this situation?

Thanks.
  • #3,971
  • Jan 8, 2012 1:17pm Jan 8, 2012 1:17pm
Quoting timf1979
check your pm because i dont want to clutter evals threat
Tim,
I was wondering if you could please also send me a copy of the Renko indicator together with instructions. I'd like to test it out. Thank you very much.
  • #3,972
  • Jan 8, 2012 1:23pm Jan 8, 2012 1:23pm
Quoting bobmorloc
hello there,
i found a old post by eval that confirm the 75 pips rules. you don't have to cut the trade on a reverse cos that's the way the system works.
it's exactly the same configuration than mine, here it is :
post709
http://www.forexfactory.com/showthre...79#post5005879
Obviously you can trade exactly how you want to, but I would not have bet on price moving up because you got one buy signal in a sea of sells, the easiest way to trade it (and in this case) the most profitable would have been to cut the buy and put in a sell, as I said though, how you trade is a purely personal thing. Evaluator did put this post after mine though: http://www.forexfactory.com/showthre...74#post5267874
  • #3,973
  • Jan 8, 2012 1:30pm Jan 8, 2012 1:30pm
Quoting freedom48
Sorry but could not PM you, it not allowed..




Thanks. I have it already open. That was not my point. I wanted just to make the both working together on one chart, especially the one from Galva..However I transfered the indis individuel , but only the MTF Heiken Ashi ( with the straight 4 bars) is not working accordinately, they are only in same color. Perhaps you have a better view on this kind of chart with the eva or galva version, how to bring them work together , and still my MTF Heiken Ashi not works fine..Thanks for all help. Maybe ideas...



What are those colors running beside the candles? What indicator is that and how is it used, especially with Eval and galvin's system? The post and chart is from post 3872. Thank you.
  • #3,974
  • Jan 8, 2012 1:31pm Jan 8, 2012 1:31pm
Quoting bfis108137
SEFC is lacking in one big way and I haven't really found the solution yet. If you are trading in a trend, you get taken to the house over and over until the trend ends. The thing is that because Eval has been trading EURUSD, he has done pretty well. I think this is because this pair while obviously the Euro is weak, USD has had it's fair share of recent problems until this past week. I ran usdchf on the simulator and it called for a short 3 times and 3 times my 75 pip sl got hit because it was in such a strong uptrend. The trick might be finding...
But if you know its in a big trend, instead of doing counter plays over and over, why not wait for the retrace and then place a pending order above/below the extreme signal candle like Evaluator has pointed out.
  • #3,975
  • Edited 1:59pm Jan 8, 2012 1:49pm | Edited 1:59pm
Quoting jasonnevis
Same problem with this trade, the extreme indicator is not showing a valid entry any longer. Repainted.....

Can anyone please help me understand what I should be doing in this situation?

Thanks.
When there is an obvious major trend, you will receive some repainting spikes. My suggestion is to go to a lower TF and look at the stochastics to see if it is reversing. It may only be a small pullback(consolidation/retrace) from the major trend before a continuation. On a major trend you'll see major spikes and then it will disappear because of the strength of the trend. Just my .02 cents from my observation. Hope that helps. Stochastics setting at 11,3,3.
  • #3,976
  • Jan 8, 2012 2:07pm Jan 8, 2012 2:07pm
FXSWISSTRADE,
No, I am using the standard set up, but added the extra Bull-Bears to make sure i'm on the right side of the trend. Don't have to have a 50 SMA or look at larger charts.
Mat
  • #3,977
  • Jan 8, 2012 2:15pm Jan 8, 2012 2:15pm
Quoting matman132
FXSWISSTRADE,
No, I am using the standard set up, but added the extra Bull-Bears to make sure i'm on the right side of the trend. Don't have to have a 50 SMA or look at larger charts.
Mat

What is your setting again Mat? How do you use this info in relations to the other indis? Thank you.
  • #3,978
  • Jan 8, 2012 2:31pm Jan 8, 2012 2:31pm
Hi FXSwiss, regarding the EA for renko please search around the FF for it its renko live chart 3.2. for the instalation see the attached PDF.If you need further help just PM me i glady will help you! A small observation that is not on the PDF... my renko bars are using 3pips size. Hope that we can share and trade our experiences with renko. i´m also using galvas template... it works with evals template the same way!!hope for another awsome week with SEFC by Eval!!! Prosperous happy piping week for all!!!Tim
Quoting FXSwissTrade
Tim,
I was wondering if you could please also send me a copy of the Renko indicator together with instructions. I'd like to test it out. Thank you very much.
  • #3,979
  • Jan 8, 2012 3:05pm Jan 8, 2012 3:05pm
NEW Account Statistics Report week 9
(minus the 2 week vacation)

As I have done for the past Fridays, I am posting my weekly Account Statistics Report on the NEW Account. Also, please remember that I am only trade EURUSD and NOW only in 5 min*** timeframe and only during EURO and beginning US market times. No more 24 hr trading for me. Getting too old to do that. (Special note; This criterea is subject to change so, keep and eye out for my trading timreframe change)

As you can see from the report the thread account after breaking though the 10k mark the account growth has become more rapid. Per ARS, we now are trading over a full 1.0 lot sizes and quickly approaching 2.0 lot size adding almost 4k to the account in one week.

Looks like the markets are finally get back in to normal as the thin holiday season comes to an end and we start 2012. The Euro crisis seems to be resolving itself to the downside and we could see as low as 1.25600 soon.

There is a possibility of a bounce back to 1.31000 as a corrective wave but look for a bounce no higher. The breaking of 1.30000 now puts the focus on next major support level at 1.25000 area before any meaningful bounce possibility.

Evaluator

*** - timeframe trading change I am moving to 5 min for month of January as markets return to normalcy.
Attached Image (click to enlarge)
Click to Enlarge Name: NEW Account Statistics Report week 9.jpg Size: 140 KB
  • #3,980
  • Jan 8, 2012 3:11pm Jan 8, 2012 3:11pm
659,033 over 200 pages and over 3500 posts

Welcome 2012 and New Year of pipping!!!!!

Since my last post about visititation this thread continues gains of 16%!!!

(see post #150 , post#658, post#1164, post #1508 , post #1751 , post #1987, post #2257, post #2551, post #2868, post #3103, post #3401, post #3499, post #3640, and post #3725)

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 trading week.
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