Symphonie Trader System | Page 257 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Ci/symphonie extreme similarity explained! 144 replies

Symphonie/Cobra Hybrid System 4 replies

Symphonie trader or Genesis matrix 1 reply

Symphonie Trader System EA 73 replies

Yet another set of Symphonie Indicators 241 replies

Attachments: Symphonie Trader System
Exit Attachments

Symphonie Trader System

  • #5,121
  • Feb 10, 2012 7:37am Feb 10, 2012 7:37am
Quoting ohammond
I've taken it, we're at a weekly pivot and NY just opened, +503 for the 2 week total
OMG you beat me who trade on M5!
  • #5,122
  • Feb 10, 2012 7:46am Feb 10, 2012 7:46am
Ouch, -50 pips today. But so far so good. 10% up for the past week. Will see how it goes.

Thanks Eval.

http://img339.imageshack.us/img339/7690/eum5.png
  • #5,123
  • Feb 10, 2012 8:19am Feb 10, 2012 8:19am
Quoting Timur443
Ouch, -50 pips today. But so far so good. 10% up for the past week. Will see how it goes.

Thanks Eval.

http://img339.imageshack.us/img339/7690/eum5.png
What settings are your indicators on? And also, should you not have got out earlier once the blue extreme disappeared, sorry can't see your chart very well.
  • #5,124
  • Feb 10, 2012 8:21am Feb 10, 2012 8:21am
Quoting Timur443
Ouch, -50 pips today. But so far so good. 10% up for the past week. Will see how it goes.

Thanks Eval.

http://img339.imageshack.us/img339/7690/eum5.png
Hi Timur443

This is only my thoughts on your enrty but I was wondering did the matrix Indies repainted after your enrty ? Im only asking as the matrix indies in your clip are not agreeing that you should enter a buy trade..Also if you add daily pivots to your charts and you would have seen that you would be entering about 7 pips from the daily pivot line..

Personaly I would want to wait and see what happens around the pivote line before entering. As you see the price danced around the pivot and then fell..

Just my thoughts..
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #5,125
  • Feb 10, 2012 8:25am Feb 10, 2012 8:25am
Quoting Timur443
Ouch, -50 pips today. But so far so good. 10% up for the past week. Will see how it goes.

Thanks Eval.

hey timur, IMHO: rule 3 (??) exit whent the trendline changes to the opposite color
  • #5,126
  • Edited 8:38am Feb 10, 2012 8:27am | Edited 8:38am
Quoting Timur443
Ouch, -50 pips today. But so far so good. 10% up for the past week. Will see how it goes.

Thanks Eval.

http://img339.imageshack.us/img339/7690/eum5.png
Hmm, I think there is so much reason to exit your trade while it was in profit(pink) or BE(green). You even have a high probability short signal later, I won't ever trade against it.

Btw, I have a question for you Eval. In my attachment there is a symphonie signal I usually won't enter a trade, do you trade that one?

The fact that stochastic already in oversold condition is not concern me much, sometimes I ignore it. But the fact that it was near support level concern me more when taking short. Thanks before.

Edit: Forgot the attachment
Attached Image (click to enlarge)
Click to Enlarge Name: 33.jpg Size: 136 KB
  • #5,127
  • Feb 10, 2012 8:41am Feb 10, 2012 8:41am
Matrix repainted, it was clear buy on entry candle. Im still unsure about the exits. So if the extreme repaints i have to close the trade?

Thanks a lot for your effort and help.
  • #5,128
  • Feb 10, 2012 8:46am Feb 10, 2012 8:46am
Quoting Passerby
Hmm, I think there is so much reason to exit your trade while it was in profit(pink) or BE(green). You even have a high probability short signal later, I won't ever trade against it.

Btw, I have a question for you Eval. In my attachment there is a symphonie signal I usually won't enter a trade, do you trade that one?

The fact that stochastic already in oversold condition is not concern me much, sometimes I ignore it. But the fact that it was near support level concern me more when taking short. Thanks before.

Edit: Forgot the attachment...
Where you've put "I would enter here" according the chart posted, there wouldn't have been a short signal until that point anyway. If you look at the history of extremes at the bottom of the chart, the blue extreme would still have been there until price went through it, roughly where your note is which is why I have asked him the settings.
  • #5,129
  • Feb 10, 2012 8:47am Feb 10, 2012 8:47am
Quoting Timur443
Matrix repainted, it was clear buy on entry candle. Im still unsure about the exits. So if the extreme repaints i have to close the trade?

Thanks a lot for your effort and help.
Once the blue extreme repainted and everything else is red that is a clear exit signal for a buy because you would normally be going into a sell, the 50 pip stop loss is only really for emergencies.
  • #5,130
  • Feb 10, 2012 8:48am Feb 10, 2012 8:48am
Quoting ohammond
Once the blue extreme repainted and everything else is red that is a clear exit signal for a buy because you would normally be going into a sell, the 50 pip stop loss is only really for emergencies.
Ok, thanks a lot ohammond. I know that there were not any short signal. (didnt get red spike) Any tips on how can you catch those movements?
  • #5,131
  • Feb 10, 2012 8:54am Feb 10, 2012 8:54am
Quoting edels
Can someone help me program EA?
Strategy is proven and profitable, i use it every day, but there is one flaw - i have to be at computer all the time, because i earn my living with it.
Actually strategy is not that complex, because it is based on mathematical principles.
I know that there is someone who can program it and use it as well.
Help if you can, I can pay for it. Email me at [email protected] you wont be sorry.

Thank you,
Mr.Edels
PM lhDT or try stevehopwood.
  • #5,132
  • Feb 10, 2012 8:59am Feb 10, 2012 8:59am
Quoting Timur443
Ok, thanks a lot ohammond. I know that there were not any short signal. (didnt get red spike) Any tips on how can you catch those movements?
Thats why I asked about your extreme indicator settings because I have a red spike up near the pivot, not that it really matters in the long run, as long as you keep an eye on your trade and exit when you should, there is always another move.
  • #5,133
  • Feb 10, 2012 9:01am Feb 10, 2012 9:01am
I love these targets.
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 34 KB
  • #5,134
  • Feb 10, 2012 9:38am Feb 10, 2012 9:38am
Quoting ohammond
Once the blue extreme repainted and everything else is red that is a clear exit signal for a buy because you would normally be going into a sell, the 50 pip stop loss is only really for emergencies.
I think what I do is similar to this one: #2449 - discusses alternate signal entry system to avoid whipsaws. But I use it for S/R level and use manual instead of pending order, I just don't like those negative pips.
  • #5,135
  • Feb 10, 2012 9:42am Feb 10, 2012 9:42am
Quoting Passerby
I think what I do is similar to this one: #2449 - discusses alternate signal entry system to avoid whipsaws. But I use it for S/R level and use manual instead of pending order, I just don't like those negative pips.


I haven't had any whipsaws since changing my trendline settings to the ones realjumper recommends.
  • #5,136
  • Feb 10, 2012 10:07am Feb 10, 2012 10:07am
Quoting ohammond
I love these targets.
it takes neves of steele to stay in the trade like that. where in the world do you get that, olivia? did you have any sleep at all?

coz if you did what you did last tue, wed and thur (before frankfurt open) then that would have been a disaster, if not max +50 pips.
  • #5,137
  • Feb 10, 2012 10:07am Feb 10, 2012 10:07am
Quoting ohammond
I haven't had any whipsaws since changing my trendline settings to the ones realjumper recommends.
I'll dig into that one, thx.
  • #5,138
  • Edited 12:19pm Feb 10, 2012 11:59am | Edited 12:19pm
904,545 over 300 pages and over 5000 posts

Jumps and leaps....for 2 weeks of absense!!!!!

Since my last post about visititation this thread continues gains of 19%!!!

(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, post #3725, post #3982, post #4208 and post #4562 )

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.
  • #5,139
  • Feb 10, 2012 12:15pm Feb 10, 2012 12:15pm
2012 Account Statistics Report Week - 1

To start as I have done for the past Fridays, I am posting my weekly Account Statistics Report on the new 2012 Thread Account Trial #3. Also, please remember that I am only trade EURUSD during EURO and beginning US market times.

(Special note; This criterea is subject to change so, keep and eye out for my trading timreframe change)

As the new 2012 Thread Account Trial #3 starts; I did not do very well as a beginning for this new Trial it appears that Greek debt default issues and potential resolution threw me alot of curves and we are ending this very first week on a down because the signals were countermanded by news events that caused for relief rallies and bad news drops drops as the market appears to remain stuck in consolidation between 1.32-1.30 range. Stick close to Symphonie Signals as these show you where the turns are going to occur. This was also interfered as my metatrader system began acting buggy and finally crashed causing me to have to deinstall and reinstall the entire system and re create most of my templates. (actually I only really traded 2 days this week)

Luckly, I have all my indikators backed up. Also there are many less trades now that I am trading in the 1 hour timeframe which cause for less trades that remain open longer. For example, because 1 hour is longer I have an open sell positions that is 80 pips in positive that I will be holding over the weekend that is unusual for me but there is no indikation on the 1 hour chart as to why I need to close the trade other than it is my personal rule that I never hold trades over the weekend that I am breaking be cause the charts do not support my exit of the trade. So, I will let the trade run while having a positive stoploss places to protect the account.

It also appears that Greece may go through chaos as MPs are resigning and the Prime Minster was made out to be a liar because he said there was total agreement of all parties for the austerity measures when in actuality there is not and the Conservative Party called the Prime Minister a liar because they did not agree with the planned austerity. Also, don forget about the rioters wanting to burn Greece to the ground does not help factors either.

Good Luck in your 2012 trading.

Evaluator
Attached Image (click to enlarge)
Click to Enlarge Name: 2012 Account Statistics Report week 1.jpg Size: 137 KB
  • #5,140
  • Feb 10, 2012 12:37pm Feb 10, 2012 12:37pm
Quoting ohammond
Thats why I asked about your extreme indicator settings because I have a red spike up near the pivot, not that it really matters in the long run, as long as you keep an eye on your trade and exit when you should, there is always another move.
My settings are:
Extremes: 1,3,3
Trendline: 45, 15

Are they actual? Im a little lost with new templates, indicators and settings.
5 traders viewing now