Symphonie Trader System

This is fabulous, is it possible to add email alert?

My testing stats on this system: 8 wins out of 9 trades (the losing trade is a sell signal on a bull flag)

88.9% win rate.....Congratulations!

eval.

What time frame?

drop out metatrader with simphonie signal 1,4 1,5
1,2 works
thx

@Eval: Yeah, make me consider to use it on my live account. This system constantly beating me and my technical analysis.

@iwillsurvive: M5 timeframe. But, I do check M15, H1, and H4. I don't get many entry signal, only 1 or 2 a day.

I ve set the extreme indicator to 2,5,1 and am finding it to be quite effective. More testing required.

Hi Passerby, do you use the signal v1.5 or manual?

I haven't posted my trades in here because at the moment I'm using the system differently and don't want to cause confusion, but using the 1hr extremes as excellent s/r and if a closed candle on the 1hr points to the price action going down, I look only for sells with price action and extremes on the 5 min and vice versa, so far working extremely well. But then I'm more of a scalper, can't seem to hang on too long to a trade.

Hi iHDT and colleagues
Thanks to all who are contributing to the latest presentations of Eval's strategy. To see the higher time frame readings of Eval's indicators is a great step forward.
Although I have downloaded the ex version of the v5, suppied generously by iHDT I do not expect to see it listed in my custom indicator file, but I do expect to see it in the related template, which I don't.
Is there an mq4 version of the indicator available please as there was for the first signals indicator posted by IHDT in post 4089 ... to enable me to build the template (and can any one explain why my template is defective)?
Thanks

I haven't fully settled on the setting for stochs, either 11,3,3 or 5,3,3 but here they are:

Hi Symphonie traders,

Here is the new Symphonie Signal Indicator V1.7 (no 1.6!)

Symphonie Signal Indicator features :
- Do the exact same thing as you have the four indicators on the chart except you have a textual version.
- Trigger BUY/SELL/EXIT alerts
- Give SL, TP1 and TP2 levels based on Fibonacci Expansion or Average True Rate
- Plot SL,TP1,TP2 lines on the chart for visual confirmation
- Draws support & resistance level
- Reads higher timeframe values for Emotion, Sentiment and cycle indicators
- Read direction of the current Heikin Ashi candle in a higher timeframe for trend confirmation
- Give current spread (always nice to have)
- Should work on 4digits broker (this still needs to be tested)
- Colors are configurable
- Alerts are configurable
- All indicators values are configurable
- Screenshot feature

Here are the changes from V1.5 :
- Added SL,TP1,TP2 from ATR value (so sl and tp are aligned on the volatility)
- Added ARS money management
- Possibility to choose from FIBOS or ATR SL,TP
- Added Money Management feature (you define a %of risk) and the indi calculate everything for you based on current SL and Equity
- Possibility to choose from ASR (default symphonie mm) or Risk% based on Equity and Current stoploss
- Fixed some bugs
- Changed all indicators and using now the same one as the combi indicator
- Added a screenshot feature. It takes screenshot when you have a buy/sell signal and another one when you have an exit signal
- Added Exit conditions. You can choose how to get the exit signal (based on emotion, sentiment, trendline or extreme)
- The indi now plot a vertical line when you have a signal (just to keep an eye when you got it)

I wanted to add the money management feature, tons of traders explode their live (or demo) trading account just because of a poor money management.
You can choose from the normal symphonie mm Eval made (on post #1) or one based on the percentage you want to risk per trade. If you choose for example 2%, this indicator will calculate how much lots you need to trade, this based on your equity and current stop loss.

Fibo Expansion or ATR stop loss and take profit. I added ATR because I feel that the Fibo gives far TP or SL. ATR is based on volatility, it means when the market is crazy you will have higher SL/TP and when market is ranging or calm (quite?) like today, you will have tighter SL/TP's.

The "exit" parameter is configurable, you can now choose to have an alert based on Extreme spike or/and sentiment or/and emotion or/and trend, all in opposite direction of course.

It takes screenshot when you have a signal. This is useful to discuss about trades & bugs on the thread. You can now see afterward what has happened when you got the signal and why it closed. Screenshot are located in (your_broker_folder/experts/files/symphonie_signal/)

Enjoy,
LhDT

Thanks to you lhDT. You made a lot of work for this? How many time do you spend on indicator programming?

I didn't counted, you plan to make a donation ? :-)

Thank you Lio. I do have two questions.

1. My S&R seems way off on EUR/USD 5 Minute chart. Right now all the lines they're bunch together under 1.2650(R3).

2. My money management does not show up on the template. Does it only show up when you receive a buy or sell alert?

Am I missing something for these to work properly? Thank you for your help.

Wow lhDt!

Your Signal indicator is super !

Thx to make it more easy to follow this system, and also more easy to follow multiply pairs,,,

And thx Eval for the system and the insperating reports every friday,,,

Regards Kenny

Hi lhDT,

I fully agree with you that atr (sl and tp) is based on volatility. However I would like to add that the other option (fibo expansions) swing H/L to entry does the same. In more volatile markets the distance between entry and swing H/L tends to be higher then in less volatile markets. Which will lead to a larger or shorter distance to the target.

I wouldn't take today's market into account, as it's a long weekend in the US due to Martin Luther King day.

Nevertheless I think it's good to have multiple choices available!

Great work,

pbb

Thank you very much.

iHDT
Again many thanks .
Could you post the mq4 version please?
I have the same issue that I reported just recently
Thanks

Agree too !
But for Fibo expansion, the calcul is made from the latest extreme high or low and the price when you have the signal. But as we check the signal at candle close, almost everytime there has been two rows of alignement (the four indicators blue or red). It means, the price difference between hi/lo and price is higher. Maybe I should set this the the open or middle price from the bar just before (-1, the first aligned row). Hope you understand me See attached example.