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Symphonie Trader System

  • #5,101
  • Feb 10, 2012 5:21am Feb 10, 2012 5:21am
RJ, do you do trading for a living? or together with another? just wondering. coz i feel like my guts are being pulled out every time i do M1. I only check it out whenever i see a pin bar in M5.

i realized something, EA's fail over time as they need to be "optimized", aka curve-fitted to the current conditions. so they are like guns, has to be maintained as well... which leads me to think that it's maybe time to fine tune the settings of symphonie until we get ample price momentum again... til march 9 (??)

if we look at H1 charts, all the currencies are trending in 1 direction for 7-9days. painfully slow, though (so no momentum at all). symphonie was optimized for high momentum..... just a thought.
  • #5,102
  • Feb 10, 2012 5:23am Feb 10, 2012 5:23am
Quoting ohammond
I don't always wait for the arrow if everything else looks really good, although it usually appears before the signal, but when it does appear its reassuring
LOL.....are you reading my personal trading manual from where you live?? That's exactly the way I do it too. I will enter without the arrow sometimes, and those occasions are usually after a sudden reversal. After such a reversal, the arrow will be late (because it's forte is trending PA), and so I won't necessarily wait for it, but I'm always happy to see it if it arrives shortly after I have entered
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,103
  • Feb 10, 2012 5:31am Feb 10, 2012 5:31am
Quoting yelena
RJ, do you do trading for a living? or together with another? just wondering. coz i feel like my guts are being pulled out every time i do M1. I only check it out whenever i see a pin bar in M5.

i realized something, EA's fail over time as they need to be "optimized", aka curve-fitted to the current conditions. so they are like guns, has to be maintained as well... which leads me to think that it's maybe time to fine tune the settings of symphonie until we get ample price momentum again... til march 9 (??)

if we look at H1 charts, all...
Trading isn't my sole source of income Yelena, but I hope it will be soon.

Personally I don't believe EA's will ever work in the long term because the exit will trip them up eventually. It's easy to set the entry conditions, but the exit conditions are very difficult to predefine....imo.

As for the M1 trading.....take a look at the 2 charts attached. Both are of the same PA.....both M1. Which do you think is easiest to trade?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 294 KB
Click to Enlarge Name: eu1.jpg Size: 284 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,104
  • Feb 10, 2012 5:32am Feb 10, 2012 5:32am
Quoting yelena
RJ, do you do trading for a living? or together with another? just wondering. coz i feel like my guts are being pulled out every time i do M1. I only check it out whenever i see a pin bar in M5.

i realized something, EA's fail over time as they need to be "optimized", aka curve-fitted to the current conditions. so they are like guns, has to be maintained as well... which leads me to think that it's maybe time to fine tune the settings of symphonie until we get ample price momentum again... til march 9 (??)

if we look at H1 charts, all...
yelena,

The problem you speak of is the differences between a ranging or consolidating market and a trending market plus the transission between the two. Those are always problems and that is where EAs tend to fall victom to the market price action. That is why a live person will alwys be better than an EA. But it is important for the person trading to beable to recognize the changes in the market price action structure and adapt appropriately.

By adjusting the trendline and exterme indikators you should be able to modify the Symphonie settings to provide you with the best entry points in these two types of market. But you have to be the one to recognize the market price action changes and adjust as needed.

Evalautor.
  • #5,105
  • Feb 10, 2012 5:59am Feb 10, 2012 5:59am
Quoting dumplin_eater
This is a trade I had just taken, i modified the entry a bit for my liking in that I don't use the symphony trend line anymore as it was usually too slow for me in getting into trades, more price action than anything now with the 4 confirmations and stochastic. Blue vertical lines are trades taken so far today

UPDATE: I got stopped out @ 1.3257 +13 pips
Hi
would you please share the indicator that shows times (at the left top of your chart) thanks
  • #5,106
  • Feb 10, 2012 6:02am Feb 10, 2012 6:02am
Quoting realjumper
As for the M1 trading.....take a look at the 2 charts attached. Both are of the same PA.....both M1. Which do you think is easiest to trade?
you have a point. so enter at the close of the current bar and matrix (with trendline at 20,5), stoch and MA 5 aligns to the same direction?

SL when stochs and MA fail together?

to jurn_e's TP and SL, i do that too, protection from whipsaw just in case something moves the market that was not part of the economic schedule.

to eval: true. i suppose i am considering an EA so that my face won't have to be glued to the monitor. i mean, we should think like pareto - identify 20% of problem that can give 80% of the solution. there has to be a way.
  • #5,107
  • Feb 10, 2012 6:10am Feb 10, 2012 6:10am
Quoting yelena
you have a point. so enter at the close of the current bar and matrix (with trendline at 20,5), stoch and MA 5 aligns to the same direction?

SL when stochs and MA fail together?
For shorts....when Matrix is all red...and....stochastic is crossed and moving out of overbought....and....Yellow MA has turned down.....and....first *bear* candle opens *under* the Yellow MA.....ENTER.....if you have a down arrow as well....woohooo!!!! SL above the last swing high

Opposite for longs of course
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,108
  • Feb 10, 2012 6:11am Feb 10, 2012 6:11am
Quoting yelena
you have a point. so enter at the close of the current bar and matrix (with trendline at 20,5), stoch and MA 5 aligns to the same direction?

SL when stochs and MA fail together?

to jurn_e's TP and SL, i do that too, protection from whipsaw just in case something moves the market that was not part of the economic schedule.

to eval: true. i suppose i am considering an EA so that my face won't have to be glued to the monitor. i mean, we should think like pareto - identify 20% of problem that can give 80% of the solution. there has to be a way....

yelena,

Honestly, my trading style is pretty much mechanical. I am sure some really smart programmer can duplicate my trading process for entry and exti but so far any attempt I have made has been a failure.

I am a novice at best when it comes to programming EAs so that is pretty much beyond my intelligence level. I am more a process design kinda person.:nerd:

Eval.
  • #5,109
  • Feb 10, 2012 6:12am Feb 10, 2012 6:12am
Quoting realjumper
For shorts....when Matrix is all red...and....stochastic is crossed and moving out of overbought....and....Yellow MA has turned down.....and....first *bear* candle opens *under* the Yellow MA.....ENTER.....if you have a down arrow as well....woohooo!!!! SL above the last swing high

Opposite for longs of course
What MA are u using? 5 ?

Ever tried it on M15?
Pivot Boss in the making~
  • #5,110
  • Feb 10, 2012 6:15am Feb 10, 2012 6:15am
Quoting jurn_e
What MA are u using? 5 ?

Ever tried it on M15?

jurn_e,

Here is what RealJumper is using.

Eval.
Attached File(s)
File Type: tpl symphonie system - rj settings.tpl   28 KB | 584 downloads
  • #5,111
  • Feb 10, 2012 6:16am Feb 10, 2012 6:16am
Quoting jurn_e
What MA are u using? 5 ?

Ever tried it on M15?
The MA settings are here. Works on all time frames
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,112
  • Feb 10, 2012 6:22am Feb 10, 2012 6:22am
[quote=Evaluator;5373947]Honestly, my trading style is pretty much mechanical...quote]

so true... that was the very reason i got held up in this forum - its very meachanical - apart from having such really intelligent and participating crowd.

but like anything mechanical it may need some tweaking and maybe, just until mar 9th, 20-5 on trendline may really help, just til mar 9th

since December AU and AJ have been my currencies of choice. I just didn't like the careless whipsaws of EU. like it didn't care for the money i tried so hard to earn!

RJ: i got 32 pips from EU just now. looking at M1. thanks for the tip. i would never trade with M1 if it wasn't symphonie's "trading hours." i did absorb a loss of 7 pips earlier around 13:51-13:57 GMT.
  • #5,113
  • Feb 10, 2012 6:29am Feb 10, 2012 6:29am
Quoting yelena
RJ: i got 32 pips from EU just now. looking at M1. thanks for the tip. i would never trade with M1 if it wasn't symphonie's "trading hours." i did absorb a loss of 7 pips earlier around 13:51-13:57 GMT.
Well done Yelena. I use the Heiken Ashi candles as you can see on that chart I posted for you......I find HA candles make the M1 trading much easier. I wouldn't entertain trading like this in the Asian session, but for Frankie and London, which makes up my available hours, it works a treat.

For longer time frames I use the normal Japanese candles just because they give more information that HA candles.

Glad you made pips
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,114
  • Feb 10, 2012 6:42am Feb 10, 2012 6:42am
Quoting ohammond
If at first you don't succeed...
.....and win I had in mind this morning that I would only take this one at target if it didn't look like much momentum but as it flew through the target line I've now set my stop loss at the target area and will take whatever else I think I can get.

So in 2 weeks on the 1hr, 10 trades, 9 winners 1 loss +467 pips locked in and the 10th trade is still riding.

I've also been trading the 5min on AU and EU so a lot more pips than that, but those are the 1hr figures.
  • #5,115
  • Feb 10, 2012 6:45am Feb 10, 2012 6:45am
Quoting ohammond
.....and win I had in mind this morning that I would only take this one at target if it didn't look like much momentum but as it flew through the target line I've now set my stop loss at the target area and will take whatever else I think I can get.

So in 2 weeks on the 1hr, 10 trades, 9 winners 1 loss +467 pips locked in and the 10th trade is still riding.

I've also been trading the 5min on AU and EU so a lot more pips than that, but those are the 1hr figures.
This is excellent......everyone is making pips here
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,116
  • Feb 10, 2012 6:58am Feb 10, 2012 6:58am
It's 2am for me, so I am going to catch some zzzzzzzzzzzzz

I have exceeded my daily target so the rest of the pips are for you!!!

Have a great weekend .......

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,117
  • Feb 10, 2012 7:02am Feb 10, 2012 7:02am
Quoting realjumper
It's 2am for me, so I am going to catch some zzzzzzzzzzzzz

I have exceeded my daily target so the rest of the pips are for you!!!

Have a great weekend .......

RJ
You too RJ, and thanks very much for the tips this week
  • #5,118
  • Feb 10, 2012 7:03am Feb 10, 2012 7:03am
This system look awesome. I'm incorporating it into my current trading system and with my first trade with the system I've just closed my Short trade on the EURUSD for a profit of 52 pips.

I could have stayed in and made more, but this was just to test my new template. This system gives me much more confidence in the trade, but will test for the rest of the month on demo.

Thanks again.
  • #5,119
  • Feb 10, 2012 7:06am Feb 10, 2012 7:06am
Quoting ohammond
.....and win I had in mind this morning that I would only take this one at target if it didn't look like much momentum but as it flew through the target line I've now set my stop loss at the target area and will take whatever else I think I can get.

So in 2 weeks on the 1hr, 10 trades, 9 winners 1 loss +467 pips locked in and the 10th trade is still riding.

I've also been trading the 5min on AU and EU so a lot more pips than that, but those are the 1hr figures.
I've taken it, we're at a weekly pivot and NY just opened, +503 for the 2 week total
  • #5,120
  • Feb 10, 2012 7:09am Feb 10, 2012 7:09am
Quoting bluexpec
This system look awesome. I'm incorporating it into my current trading system and with my first trade with the system I've just closed my Short trade on the EURUSD for a profit of 52 pips.

I could have stayed in and made more, but this was just to test my new template. This system gives me much more confidence in the trade, but will test for the rest of the month on demo.

Thanks again.
Its an exceptional system and by following Realjumpers way of doing it, remarkably hardly any whipsaw on any of the currencies I've tried on M5.
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