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Symphonie Trader System

  • #4,961
  • Feb 8, 2012 4:23am Feb 8, 2012 4:23am
Quoting realjumper
Greek political leaders meeting delayed till 3pm Athens time from the noon schedule. That equals NY opening time.....fwiw.

World move one step closer to Greek default and a new global meltdown.

http://www.independent.co.uk/news/wo...t-6660306.html
  • #4,962
  • Feb 8, 2012 4:26am Feb 8, 2012 4:26am
Quoting Evaluator
World move one step closer to Greek default and a new global meltdown.

http://www.independent.co.uk/news/wo...t-6660306.html
All this could have been avoided 2 years ago......every hour they waste in delaying the inevitable, hurts other people.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,963
  • Feb 8, 2012 4:30am Feb 8, 2012 4:30am
  •  amcm
  • | Joined Sep 2010 | Status: assetmanagement-bfi.com, thanks... | 38 Posts
Ok thanks, i already donload it.
but when i load template it give me "signal" for buy: 1.26742 SL: 1.26196 TP1: 1.27288 TP2: 1.27776
and the eurusd is at 1.3250 !

do you know why this happen ?

Thanks a lot

Quoting realjumper
Check this post
  • #4,964
  • Feb 8, 2012 4:38am Feb 8, 2012 4:38am
Quoting amcm
Ok thanks, i already donload it.
but when i load template it give me "signal" for buy: 1.26742 SL: 1.26196 TP1: 1.27288 TP2: 1.27776
and the eurusd is at 1.3250 !

do you know why this happen ?

Thanks a lot
Sorry....can't help you with that one

Post a picture of your chart please
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,965
  • Feb 8, 2012 5:44am Feb 8, 2012 5:44am
Hello!
I’ve one doubt about stoploss and exit strategy
What to do when I’ve all four signals – take an order – for example long position on EURUSD
1,32787 (it was today at 13.10)
I set stoploss to 50 pips and waiting. 15 minut later extreme cycle on close candle was on top and trendline change colour to red – I should close position? Or wait to stoploss? Mayby my question is basic but I didn’t find answer.

On the first page is the sentence:

"SPECIAL EXCEPTION to Exit Strategy This exception applies to all Exit Strategies and supersedes them. When a trade produces an Extreme Spikes before reaching 30 pips....,EXIT THE TRADE IMMEDIATELY."

I understand this is when you have profit ? or in all situation like my?
  • #4,966
  • Feb 8, 2012 5:56am Feb 8, 2012 5:56am
  •  amcm
  • | Joined Sep 2010 | Status: assetmanagement-bfi.com, thanks... | 38 Posts
Realjumper,

for trading in M5 i just saw that settings in template V1.4 is diferent from v1.4 ex. (ex: ecountBars are 3000 an in other is 300,in cycle indicator is 1/3/3 an in other is 1/3/2 )

Can you put here the best settings for trade in v1.4 ?

thanks again and sorry so many question

Quoting realjumper
Sorry....can't help you with that one

Post a picture of your chart please
  • #4,967
  • Feb 8, 2012 6:13am Feb 8, 2012 6:13am
Quoting amcm
Realjumper,

for trading in M5 i just saw that settings in template V1.4 is diferent from v1.4 ex. (ex: ecountBars are 3000 an in other is 300,in cycle indicator is 1/3/3 an in other is 1/3/2 )

Can you put here the best settings for trade in v1.4 ?

thanks again and sorry so many question
Sorry I can't. I don't use the templates.....I just use the 4 indicators as on page 1, with the symphonie matrix. I don't mess with the bar count at all....the default bar count is fine
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,968
  • Feb 8, 2012 6:38am Feb 8, 2012 6:38am
  •  amcm
  • | Joined Sep 2010 | Status: assetmanagement-bfi.com, thanks... | 38 Posts
Evaluator,

are correct/ok the settings in post 46(http://www.forexfactory.com/showthre...=315572&page=4) ?

thanks
  • #4,969
  • Edited 7:15am Feb 8, 2012 6:47am | Edited 7:15am
Quoting amcm
Evaluator,

are correct/ok the settings in post 46(http://www.forexfactory.com/showthre...=315572&page=4) ?

thanks

amcm,

Why do you keep asking me questions when you know the answer. MY SETTINGS are the default from post#1 that is what I use. If I change them then I post the changes. Until you see another post from me....those are my settings!

Evaluator.

Remember first line from post #1

(This is a constantly updated document that will contain additions and modifications to strategy)
  • #4,970
  • Feb 8, 2012 7:22am Feb 8, 2012 7:22am
Quoting amcm
Evaluator,

are correct/ok the settings in post 46(http://www.forexfactory.com/showthre...=315572&page=4) ?

thanks
amcm see also #4297
  • #4,971
  • Feb 8, 2012 7:34am Feb 8, 2012 7:34am
  •  amcm
  • | Joined Sep 2010 | Status: assetmanagement-bfi.com, thanks... | 38 Posts
I'm asking if they are correct because they are different from template in post 1 !

Quoting Evaluator
amcm,

Why do you keep asking me questions when you know the answer. MY SETTINGS are the default from post#1 that is what I use. If I change them then I post the changes. Until you see another post from me....those are my settings!

Evaluator.

Remember first line from post #1

(This is a constantly updated document that will contain additions and modifications to strategy)
  • #4,972
  • Feb 8, 2012 7:47am Feb 8, 2012 7:47am
Thanks for the replies RJ, Eval and ManilaSpurs. After reading what all of you wrote, I decided to try a different broker which made me realize what all of you were talking about. The original broker I was using drew far less spikes then the new broker did, even after forcing 5000 history bars into my chart. Thanks to all of you and this new broker, the confidence that I originally had in this system has been restored.
  • #4,973
  • Feb 8, 2012 8:10am Feb 8, 2012 8:10am
Quoting amcm
I'm asking if they are correct because they are different from template in post 1 !
If you download the matrix indicator or the signal indicator you don't need to change any of the settings because they are as Evaluators most recent post about settings.
  • #4,974
  • Feb 8, 2012 8:20am Feb 8, 2012 8:20am
Quoting amcm
I'm asking if they are correct because they are different from template in post 1 !
Those setting used as default because when some recent indie are made, eval was testing that setting. Apparently the default setting in page 1 work better and most of us using this system currently stick to it. The fist post on page one always updated when Eval is around from the first time I visit this thread, you could rely on it.
  • #4,975
  • Feb 8, 2012 8:33am Feb 8, 2012 8:33am
[quote=Evaluator;5361412]In effort to better describe what I am using to trade let me make it clear....I am trading Symphonie Trader System signals as defined by the 4 basic indikators from post#1 using the Symphonie Matrix v1.8 indikator as one can also download from post #1. I am also using Symphonie Signaler v1.8 that was created by ldHT. Below you will see my screenshot and indikator list.

Simply put at valid Symphonie signal with 15 min confirmation I make a BUY on all blue and a SELL on all red. As to exit Strategy I generally use Exit Strategy #2 with one modification. When I receive a extreme spike I let the extreme spike carry for 4 candlsticks before exit of 1/2 position. The rest is like post#1. The reason for the small modification is that I have found if you wait for 4 bars to close you lower your risk of exit too soon and catch repaints. That is only change.

Hi Evaluator,

I have a few questions regarding the above trading strategy statement:

1. Will you be confirming the trading signals with the H4 Heiken Ashi trend bars?

2. Will you still be using the SPECIAL TRADING EXCEPTION? - "SPECIAL EXCEPTION to Exit Strategy This exception applies to all Exit Strategies and supersedes them. When a trade produces an Extreme Spikes before reaching 30 pips....,EXIT THE TRADE IMMEDIATELY."

and if yes, will you wait for just the one bar to close or 4 bars?

Thanks, I await your confirmation.
  • #4,976
  • Feb 8, 2012 8:56am Feb 8, 2012 8:56am
Quoting amcm
I'm asking if they are correct because they are different from template in post 1 !
amcm,

From first line in post#1............

(This is a constantly updated document that will contain additions and modifications to strategy)

Evaluator.
  • #4,977
  • Feb 8, 2012 8:59am Feb 8, 2012 8:59am
[quote=Bazuka77;5366831]
Quoting Evaluator
In effort to better describe what I am using to trade let me make it clear....I am trading Symphonie Trader System signals as defined by the 4 basic indikators from post#1 using the Symphonie Matrix v1.8 indikator as one can also download from post #1. I am also using Symphonie Signaler v1.8 that was created by ldHT. Below you will see my screenshot and indikator list.

Simply put at valid Symphonie signal with 15 min confirmation I make a BUY on all blue and a SELL on all red. As to exit Strategy I generally use Exit...

Bazuka77,

1. Yes.

2. Absolutely at the close of the 4th bar.

Evaluator
  • #4,978
  • Feb 8, 2012 9:13am Feb 8, 2012 9:13am
Hi Eval

Welome back after your short absence and well done with the continuation and dedication you have comited to this thread..

I was wondering if you can post up the next two trading signals with a short explantion of why the trade was entered or not and why the trade should be exited after the entry has been made..

Just thought this might clear up a lot of the repeated questios you are receiving...

I think it would be a good idea if others posted a few charts up with entry and exit explantions too.

Just an idea..
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #4,979
  • Feb 8, 2012 9:32am Feb 8, 2012 9:32am
  •  amcm
  • | Joined Sep 2010 | Status: assetmanagement-bfi.com, thanks... | 38 Posts
Evaluator,

in template on post 1 the "extreme indicator" have settings "1, 3, 4, false, 1, 12, 21", for trade in M5 is "1,3,4" correct ?

i'm asking because i already saw "1,3,2"...

Thanks

Quoting Evaluator
amcm,

Why do you keep asking me questions when you know the answer. MY SETTINGS are the default from post#1 that is what I use. If I change them then I post the changes. Until you see another post from me....those are my settings!

Evaluator.

Remember first line from post #1

(This is a constantly updated document that will contain additions and modifications to strategy)
  • #4,980
  • Edited 9:53am Feb 8, 2012 9:36am | Edited 9:53am
Per your Request Seabreeze,

Here is a chart of the past 5 trades I have made today.

At points 1, 2,3,4,5 are the entry points with a red circle for sell, a green circle for buy and the yellow circles represent exit strategy #1 area. The long yellow vertical line represents the Symphonie Signal points and the short vertical yellow lines represent the exit conditions for the order.

Simply put....just watch the conditions (i.e. Symphonie Signal) and as long as we have signal with 15 min confirmation I make the order and then exit at appropriate time.

Evaluator.:nerd:
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