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Symphonie Trader System

  • #4,981
  • Feb 8, 2012 9:38am Feb 8, 2012 9:38am
Quoting amcm
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

amcm,

Did you read post#1??? Come on....I put the current setting in the post!

Evaluator.
  • #4,982
  • Feb 8, 2012 9:59am Feb 8, 2012 9:59am
Thanks EVAL again you have excelled yet again..

Just thought others may benefit from the chart..


I use the original format and money management on page one with Heiken Ashi matrix added...

Ive been in meetings today's so not much trading done today but did take same trade as your number 4 sell trade..


amcm....Please just use the indicators on page one.....load them up on a demo and spend this week and next week just watching how the trades develop and get a feel for the rhythm of price movement...Be careful at news times...Don't be in a rush...What more can anyone say...
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #4,983
  • Feb 8, 2012 11:25am Feb 8, 2012 11:25am
Quoting realjumper
Nice text book pivot bounce trade completed
thanks for you!
I have a questions: what the settings into your MA on the charts?

Eval and for you questions: what a you using confirmations from hiTF?
in your last screen you using a only stoch and heiken
this is true? not any other confirm?

soryy for my eng...this is not my native language...i'm from Ukraine
  • #4,984
  • Feb 8, 2012 11:39am Feb 8, 2012 11:39am
Quoting shushik
thanks for you!
I have a questions: what the settings into your MA on the charts?


soryy for my eng...this is not my native language...i'm from Ukraine
Hi shushik

Forgive me if im wrong but i believe realjumpers ma settings are

Period 5 shift 2

Exponential

Typical Price (HLC/3)

Hope this helps.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #4,985
  • Feb 8, 2012 11:45am Feb 8, 2012 11:45am
Quoting shushik
thanks for you!
?

Eval and for you questions: what a you using confirmations from hiTF?
in your last screen you using a only stoch and heiken
this is true? not any other confirm?

soryy for my eng...this is not my native language...i'm from Ukraine
This is the higher time frame confirmation rules

A valid 15 min signal is all indikators in 15 min show one direction (all red or all blue) and the Sentiment and Emotion of the next larger timeframe would show the same direction as the 15 min signal.

for example:

15 min timeframe
Extreme -red
Sentiment - red
Emotion - red
Trend - red

30 min timeframe
Emotion - red
Sentiment - red

That is a valid sell signal.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #4,986
  • Feb 8, 2012 11:54am Feb 8, 2012 11:54am
  •  amcm
  • | Joined Sep 2010 | Status: assetmanagement-bfi.com, thanks... | 38 Posts
OK, ok

sorry i didn't see your last update.

if i was near you i will give you one BIG kiss for sorry !

thanks, you are the BEST

Quoting Evaluator
amcm,

Did you read post#1??? Come on....I put the current setting in the post!

Evaluator.
  • #4,987
  • Feb 8, 2012 11:56am Feb 8, 2012 11:56am
Quoting Seabreeze
This is the higher time frame confirmation rules

A valid 15 min signal is all indikators in 15 min show one direction (all red or all blue) and the Sentiment and Emotion of the next larger timeframe would show the same direction as the 15 min signal.

for example:

15 min timeframe
Extreme -red
Sentiment - red
Emotion - red
Trend - red

30 min timeframe
Emotion - red
Sentiment - red

That is a valid sell signal.
i'm read this post
but on last screen Eval's not this confirmations from hiTF on indicator signals 1.8
this is because i have the question to Eval
  • #4,988
  • Feb 8, 2012 11:58am Feb 8, 2012 11:58am
Quoting Evaluator
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...

on entry 4 (sell) you a ignore heiken from H4 (is blue)? why?
  • #4,989
  • Feb 8, 2012 1:01pm Feb 8, 2012 1:01pm
Quoting shushik
on entry 4 (sell) you a ignore heiken from H4 (is blue)? why?

Yes Evaluator just confirmed to me (post number 4980) that he confirms his signals with the H4 Heiken Ashi trend.

Yet in his trade examples from today the H4 Heiken Ashi trend direction seems to have been ignored with some trades.

Please can you re advise Evaluator on whether your are actually confirming all trades with the H4 Heiken Ashi trend or not.

Many thanks!
  • #4,990
  • Feb 8, 2012 1:37pm Feb 8, 2012 1:37pm
Quoting shushik
Eval on entry 4 (sell) you a ignore heiken from H4 (is blue)? why?
The list of indictors are just that,,Indicators of a possible trade...

you read the indicators and then do your technical analysts ...

If you look at the indicators on eval sell you pinpoint all the indicators except the 4 hour heiken ashi meet the entry rules...But if you had gone into the 4 hour chart at the time you would see two four hour candles showing a down trend.. so both myself and Eval made the decision to go for it..

Sometimes all the indicators will giver you a buy or sell signal but I would choose not to take it because I may feel that the entry is too close to a solid support or restance area or maybe another reason may prevent me from taking it..

Hope this helps..
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #4,991
  • Feb 8, 2012 1:45pm Feb 8, 2012 1:45pm
Quoting jusiur
Could I kindly request a version of SymphonieMatrix in java language (JForex) for those who trade with Dukascopy? I know it's a big request and hard work, but it is difficult to operate on two platforms with different prices.
I am trading on Dukascopy Jforex also, I use Alpari FS MT4 Demo to run my charts on and price on that Demo and my live DukasCopy is almost the same by the pip!

Happy Trading!!
  • #4,992
  • Feb 8, 2012 3:01pm Feb 8, 2012 3:01pm
Quoting shushik
thanks for you!
I have a questions: what the settings into your MA on the charts?

Eval and for you questions: what a you using confirmations from hiTF?
in your last screen you using a only stoch and heiken
this is true? not any other confirm?

soryy for my eng...this is not my native language...i'm from Ukraine

See my post #4913

Evaluator :nerd:
  • #4,993
  • Feb 8, 2012 3:04pm Feb 8, 2012 3:04pm
Quoting Bazuka77
Yes Evaluator just confirmed to me (post number 4980) that he confirms his signals with the H4 Heiken Ashi trend.

Yet in his trade examples from today the H4 Heiken Ashi trend direction seems to have been ignored with some trades.

Please can you re advise Evaluator on whether your are actually confirming all trades with the H4 Heiken Ashi trend or not.

Many thanks!
Bazuka77,

I suggest you read post#1 and pay attention to the ''tips'' section. Your questions are answered there.

Evaluator :nerd:
  • #4,994
  • Feb 8, 2012 3:55pm Feb 8, 2012 3:55pm
Quoting Seabreeze
Hi shushik

Forgive me if im wrong but i believe realjumpers ma settings are

Period 5 shift 2

Exponential

Typical Price (HLC/3)

Hope this helps.
Yep, that's correct Seabreeze......there's a screenshot here if that helps anyone
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,995
  • Feb 8, 2012 4:08pm Feb 8, 2012 4:08pm
Like to show you the 3 signals on the H1 that I've taken so far this week. After extensive backtesting and forward testing, I've decided to use the fibonnaci expansion used in the signal indicator (courtesy of pbb's post) except I have taken off TP2 and where it normally points to move stop to BE I have that as the target.

If in a sell I add the spread to the stop loss noted in the indicator, and I take 5 pips off of the TP if a buy and 5 pips + spread for a sell although its not been needed to do that this week I noted quite a few times in the past it comes within a whisker of the TP then turns so better safe than sorry.

I've also changed the trendline settings in the matrix indicator to 20/5 instead of 45/15. Everything else is as Evaluator has put in Post #1. These trades add up to + 217 pips, no losses so far this week.

I've put the extreme indicator v2 on the chart so you can see where the extremes were at the time.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu1hr(2).gif Size: 38 KB
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  • #4,996
  • Feb 8, 2012 4:17pm Feb 8, 2012 4:17pm
Quoting ohammond
Like to show you the 3 signals on the H1 that I've taken so far this week. After extensive backtesting and forward testing, I've decided to use the fibonnaci expansion used in the signal indicator (courtesy of pbb's post) except I have taken off TP2 and where it normally points to move stop to BE I have that as the target.

If in a sell I add the spread to the stop loss noted in the indicator, and I take 5 pips off of the TP (5 pips + spread for a sell) although its not been needed to do that this week I noted quite a few times in the past it comes...
Nice going there ohammond.....thanks for sharing this with us. I must try the system with the H1. For sure there are more pips available on the lower time frames, but it would be nice to not have to manage the trades so closely. I can see that H1 should work even better in a trending market, which we will surely get soon enough.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,997
  • Feb 8, 2012 4:32pm Feb 8, 2012 4:32pm
Quoting realjumper
Nice going there ohammond.....thanks for sharing this with us. I must try the system with the H1. For sure there are more pips available on the lower time frames, but it would be nice to not have to manage the trades so closely. I can see that H1 should work even better in a trending market, which we will surely get soon enough.
Its the only time I've been bored trading since I started, but very relaxing
  • #4,998
  • Feb 8, 2012 4:36pm Feb 8, 2012 4:36pm
Quoting ohammond
Its the only time I've been bored trading since I started, but very relaxing
That's great.....I'm all for relaxing while making pips!!! I'll do some forward testing over the next couple of weeks and see how I go.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #4,999
  • Feb 8, 2012 4:46pm Feb 8, 2012 4:46pm
Quoting realjumper
That's great.....I'm all for relaxing while making pips!!! I'll do some forward testing over the next couple of weeks and see how I go.
I have been looking at a lot more pairs while I'm sitting here One thing, I have only taken fresh signals, that is, extreme, then the sentiment and emotion always change next, then the trendline. I haven't tried in any other order, for instance if everything is blue then we have a red extreme, then the red becomes blue again after price goes through it, not too keen on the look of those because we never know where the trend will end and it reminds me of a breakout and never had any luck with those
  • #5,000
  • Feb 8, 2012 5:04pm Feb 8, 2012 5:04pm
Quoting ohammond
I have been looking at a lot more pairs while I'm sitting here One thing, I have only taken fresh signals, that is, extreme, then the sentiment and emotion always change next, then the trendline. I haven't tried in any other order, for instance if everything is blue then we have a red extreme, then the red becomes blue again after price goes through it, not too keen on the look of those because we never know where the trend will end and it reminds me of a breakout and never had any luck with those
Yes.....sometimes if I am in a trade that is in profit and protected by a SL that is at BE or better, I am inclined to let the price pull back in the expectation that it will continue it's journey. Mostly it does, but not always. The braver souls would scale in another trade in the same direction at that pull back, but for me, that re-introduces the stress to a trade that is already a stress free trade. Of course if the pull back looks like a fully blown reversal I will exit, but sometimes, especially on the small time frames, it's difficult to spot the difference between a pull back and a reversal.

I never really have traded breakouts specifically, although breakouts of sorts do happen at the various pivot levels. The theory goes that the initial breakout should not be traded. One should wait for a re-test of the breakout line and then enter. Seems a bit micky mouse to me but many are successful at it.
Doing what you like is Freedom. Liking what you do is Happiness.
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