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Symphonie Trader System

  • #5,141
  • Feb 10, 2012 1:46pm Feb 10, 2012 1:46pm
Hello All,

I've been reading through the posts and realise that there have been number of updates to the indicators over the days...

Just wanted to know if the files in the first post are the ones which are up to date or should I go through all the posts and find the updated files within the posts ??

Sorry if I am asking something which annoys someone, but I would rather use my time reading the posts if I know where I should look for indicators.

Kind regards and keep it up...
  • #5,142
  • Edited 2:16pm Feb 10, 2012 1:55pm | Edited 2:16pm
Quoting yelena
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.
Weekends are for sleeping When I get an extreme signal on the 1hr I know I have a few hours before I have to check for an actual full signal (usually between 4-7 hours) so can plan it. Last week I took +50 on each but the reason I went over to the Fibonnaci expansion this week was because of the good results last week. I have put the charts up with the actual trades I took but with the fibonnaci expansion instead and it wasn't a disaster at all. The pips add up to roughly +278 (that is accounting for spread and taking 5 off the target like I did this week) and I only traded 4 days because of NFP and I knew that sooner or later I would get a big one like I did this Monday where it went for over 100 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eumonday.gif Size: 41 KB
Click to Enlarge Name: eumonday2.gif Size: 42 KB
Click to Enlarge Name: eutuesday.gif Size: 41 KB
Click to Enlarge Name: euwednesday.gif Size: 40 KB
Click to Enlarge Name: euthursday.gif Size: 37 KB
  • #5,143
  • Feb 10, 2012 1:57pm Feb 10, 2012 1:57pm
Quoting gj6n68
Hello All,

I've been reading through the posts and realise that there have been number of updates to the indicators over the days...

Just wanted to know if the files in the first post are the ones which are up to date or should I go through all the posts and find the updated files within the posts ??

Sorry if I am asking something which annoys someone, but I would rather use my time reading the posts if I know where I should look for indicators.

Kind regards and keep it up...
Hi there and welcome to the thread...Eval always posts any important updates on page one so you will find all you need there..

Have a great read and enjoy your weekend.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #5,144
  • Feb 10, 2012 2:01pm Feb 10, 2012 2:01pm
Quoting Timur443
My settings are:
Extremes: 1,3,3
Trendline: 45, 15

Are they actual? Im a little lost with new templates, indicators and settings.
You might want to look at using realjumper's settings (or at least backtest the trendline setting with 20,5) personally I've found it much better, but you should research it yourself to see if it suits you better.
  • #5,145
  • Feb 10, 2012 2:20pm Feb 10, 2012 2:20pm
Quoting Seabreeze
Hi there and welcome to the thread...Eval always posts any important updates on page one so you will find all you need there..

Have a great read and enjoy your weekend.
Thanks a lot for responding.

I have done exactly what you said but for some reason my cycle alerter doesn't show any spikes at all... it just show occasional red/blue bar.

I see that someone had raised similar query in beginning of the thread but I've not been able to find any solution to make it look as it should.

Any help would be grateful.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: 123.gif Size: 17 KB
  • #5,146
  • Feb 10, 2012 2:42pm Feb 10, 2012 2:42pm
Quoting gj6n68
Thanks a lot for responding.

I have done exactly what you said but for some reason my cycle alerter doesn't show any spikes at all... it just show occasional red/blue bar.

I see that someone had raised similar query in beginning of the thread but I've not been able to find any solution to make it look as it should.

Any help would be grateful.

Regards
Have a look in the extreme indicator settings colour the spikes are probably black..This is why you can not see them..Change to white and they should appear on youe chart...

Let me know how you get on
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #5,147
  • Feb 10, 2012 3:10pm Feb 10, 2012 3:10pm
Quoting Seabreeze
Have a look in the extreme indicator settings colour the spikes are probably black..This is why you can not see them..Change to white and they should appear on youe chart...

Let me know how you get on

Wonderful...

Thanks a lot... I want to try the system on higher time frame possibly 1hr or 4hr ... and so I knew I won't find many signals but still something was missing... but you've perfectly pointed out... it was colour...

Thanks a lot...
  • #5,148
  • Feb 10, 2012 3:30pm Feb 10, 2012 3:30pm
Quoting gj6n68
Wonderful...

Thanks a lot... I want to try the system on higher time frame possibly 1hr or 4hr ... and so I knew I won't find many signals but still something was missing... but you've perfectly pointed out... it was colour...

Thanks a lot...
That's Great...Glad to be of help.... Enjoy
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #5,149
  • Feb 10, 2012 7:26pm Feb 10, 2012 7:26pm
Hey think some question got buried before so I thought I would ask again.

comparing exit strategy #2 and #4 which is more newbie friendly? If I am going for the signal to signal, what should I look out for to close when things aren't right? Do I watch for opposite extreme and close after that bar closes? Or do I simply wait for the next signal? What would be a worst case scenario when using signal to signal.

In terms of repaint, if I get a signal with all 4 indicator aligning and right after I made my entry extreme repaints to opposite colour, what should I do at this point? Wait and see if it get back to alignment? or Immediately close the trade at the loss of the spread.

Since I am in Australia my main session time would be the Asia session, how would we adjust to that and how would the system do during off hours?

Thank you so much for your time and thanks everyone who contributed to this thread.
  • #5,150
  • Feb 10, 2012 11:17pm Feb 10, 2012 11:17pm
This week I haven't trade properly. My internet service is unreliable since Friday Feb 3 and till Wednesday morning. Few hours trading, I recognize something wrong with symphony matrix extreme value. It just didn't detect latest extreme peak. After reinstalling MT4 and everything seems ok, my freshly installed MT4 suddenly start to freeze. Still haven't resolved what's wrong.

Then symphonie matrix got my attention, I remember few weeks ago when I compile Symphonie matrix v1.8 I get error message. So I recompile it, got the same error message. Next I try my luck with v1.7, got same error message once again. My last shot is to go back to v1.6, yay no error. So I load Symphonie matrix v1.6 and ...... arghhhh the extreme value is all blue. I have another MT4 demo where the v1.6 works and copied everything in indicators folder, but still all blue.

I attached the screenshot. The lowest one is v1.6, right above it is v1.8. I didn't notice difference indicator dependency in the mq4 files. Other than application of slope, I found this:
Combi Matrix V1.6
ExtremeValue0 = iCustom(NULL,TimeFrame,"Symphonie_Extreme_Cycle_Indikator",PriceActionFilter,Length,MajorCycle,useCycleFilter,UseFilterSMAorRSI,FilterStrengthSMA,FilterStrengthRSI,true,true,"","",0,0,i);
ExtremeValue1 = iCustom(NULL,TimeFrame,"Symphonie_Extreme_Cycle_Indikator",PriceActionFilter,Length,MajorCycle,useCycleFilter,UseFilterSMAorRSI,FilterStrengthSMA,FilterStrengthRSI,true,true,"","",0,1,i);
ExtremeValue2 = iCustom(NULL,TimeFrame,"Symphonie_Extreme_Cycle_Indikator",PriceActionFilter,Length,MajorCycle,useCycleFilter,UseFilterSMAorRSI,FilterStrengthSMA,FilterStrengthRSI,true,true,"","",0,2,i);


Combi Matrix V1.8
ExtremeValue0 = iCustom(NULL,TimeFrame,"Symphonie_Extreme_Cycle_Indikator",PriceActionFilter,Length,MajorCycle,useCycleFilter,UseFilterSMAorRSI,FilterStrengthSMA,FilterStrengthRSI,false,true,"","",4,0,i);
ExtremeValue1 = iCustom(NULL,TimeFrame,"Symphonie_Extreme_Cycle_Indikator",PriceActionFilter,Length,MajorCycle,useCycleFilter,UseFilterSMAorRSI,FilterStrengthSMA,FilterStrengthRSI,false,true,"","",4,1,i);
ExtremeValue2 = iCustom(NULL,TimeFrame,"Symphonie_Extreme_Cycle_Indikator",PriceActionFilter,Length,MajorCycle,useCycleFilter,UseFilterSMAorRSI,FilterStrengthSMA,FilterStrengthRSI,false,true,"","",4,2,i);


Anyone could tell me what it means? Lio maybe?


Thx before.
Attached Image (click to enlarge)
Click to Enlarge Name: matrix error.png Size: 41 KB
  • #5,151
  • Feb 11, 2012 1:24am Feb 11, 2012 1:24am
Hi Evaluator,
If we are in a trade where all conditions are meet and then if indicator repaints in this condition we have to wait for our stop loss to be hit or we have to close our trades as soon as the indicator repaints?Please do not tell me to go through the first page since I have read it more than 10 times still cannot get it. It would be very kind of you if you could help me to understand. Wish you very good luck.
  • #5,152
  • Feb 11, 2012 1:25am Feb 11, 2012 1:25am
Quoting SnailRoll
Hey think some question got buried before so I thought I would ask again.

comparing exit strategy #2 and #4 which is more newbie friendly? If I am going for the signal to signal, what should I look out for to close when things aren't right? Do I watch for opposite extreme and close after that bar closes? Or do I simply wait for the next signal? What would be a worst case scenario when using signal to signal.
As far as exit strategies go, its a matter of personal taste I think. Signal to signal is exactly that, you go into a trade and stay in it until you get a full signal in the opposite direction, close it and go into the new trade, very good in trending markets, lots of small losses and small wins in choppy conditions and, if on the smaller timeframes, you need to watch the charts all the time. Worst case scenario, it hits your emergency stop before you get an opposite signal (50 on the 5min, 75 on the 15 and 100 on the 1hr).
Quote
Since I am in Australia my main session time would be the Asia session, how would we adjust to that and how would the system do during off hours?
Realjumper is in New Zealand so it might be an idea to get some tips from him about trading Asia.

Quote
In terms of repaint, if I get a signal with all 4 indicator aligning and right after I made my entry extreme repaints to opposite colour, what should I do at this point? Wait and see if it get back to alignment? or Immediately close the trade at the loss of the spread.
Personally I would never do that, and Evaluator now waits until about 3 bars close the opposite colour I think before coming out of a trade.
  • #5,153
  • Feb 11, 2012 1:29am Feb 11, 2012 1:29am
Quoting k4u
Hi Evaluator,
If we are in a trade where all conditions are meet and then if indicator repaints in this condition we have to wait for our stop loss to be hit or we have to close our trades as soon as the indicator repaints?Please do not tell me to go through the first page since I have read it more than 10 times still cannot get it. It would be very kind of you if you could help me to understand. Wish you very good luck.
I'm not Evaluator, but I am going to suggest you read it again then, because there are several exit strategies in there, but if you get a full signal in the opposite direction, common sense should tell you to close the trade, we are talking of 4 indicators here, not just one and they don't all "repaint" at the same time. It would also be a good idea to load the indicators on your charts and play around on demo with it, watching how it works to get a proper feel for it.
  • #5,154
  • Feb 11, 2012 2:13am Feb 11, 2012 2:13am
Thanks for answering my questions. Here is another one if you don't mind, when trading 15 mins are trades monitored constantly until closed or just checked every few bars? I am having problem having a perception of timeframe, I understand when trading m5 you would be trading live but what about m15 or longer. And what's the averaged time between open and close of a trade with m5 and m15?
  • #5,155
  • Feb 11, 2012 2:20am Feb 11, 2012 2:20am
hello

and very thx for your kindly sharing system

but where should I start it exactlly ?!


Do I need to read all the pages !?
  • #5,156
  • Feb 11, 2012 2:35am Feb 11, 2012 2:35am
Quoting SnailRoll
Thanks for answering my questions. Here is another one if you don't mind, when trading 15 mins are trades monitored constantly until closed or just checked every few bars? I am having problem having a perception of timeframe, I understand when trading m5 you would be trading live but what about m15 or longer. And what's the averaged time between open and close of a trade with m5 and m15?
Personally I always watch the trade when on the smaller timeframes, no point doing it on H1 because everything takes hours to happen. How long an average trade is open on the 5 and 15 I have no idea as conditions vary wildly every day.
  • #5,157
  • Edited 3:11am Feb 11, 2012 3:01am | Edited 3:11am
Quoting Passerby
This week I haven't trade properly. My internet service is unreliable since Friday Feb 3 and till Wednesday morning. Few hours trading, I recognize something wrong with symphony matrix extreme value. It just didn't detect latest extreme peak. After reinstalling MT4 and everything seems ok, my freshly installed MT4 suddenly start to freeze. Still haven't resolved what's wrong.

Then symphonie matrix got my attention, I remember few weeks ago when I compile Symphonie matrix v1.8 I get error message. So I recompile it, got the same error message....
If v1.8 is working on your chart and compiled even though it might have detected some errors, then use that one instead of 1.6? The way to tell if the errors are serious enough is it won't compile at all and it wouldn't work on your chart.

I compiled v1.8 and got this error: Function "tf2txt" is not referenced and will be removed from exp-file, I asked a programmer friend and he said it means it is not using a function that is referenced in the script, and doesn't need to, nothing to worry about and won't affect the indicator at all.
  • #5,158
  • Feb 11, 2012 6:20am Feb 11, 2012 6:20am
Quoting k4u
Hi Evaluator,
If we are in a trade where all conditions are meet and then if indicator repaints in this condition we have to wait for our stop loss to be hit or we have to close our trades as soon as the indicator repaints?Please do not tell me to go through the first page since I have read it more than 10 times still cannot get it. It would be very kind of you if you could help me to understand. Wish you very good luck.
Thought I would answer this one for Eval...

The exit stratergies are very clear on page one..If you are new to this type of trading then I would suggest The most conservative exit that being as follows..

Exit Strategy One. (most conservative)

When the Cycle indicator shows an extreme spike (spike with colour) exit the trade at the close of that candlestick. This strategy makes sure that you get all the profit from a trade as the extreme points are reached in a movement. The downside to this strategy is you are exiting an order based on just one of the indicators which is the one that is prone to repaint. If the price action movement is stronger that the cycle extreme shows one would be exiting potentially at the first beginnings of a strong movement and will miss out of the entire movement.

When you get the feel for this exit i would suggest that you advance to Exit stratergy 2 as follows..

Exit Strategy Two. (Moderate Aggressive)
When the Cycle indicator shows an extreme spike (spike with colour) exit one half of the trade at the close of that candlestick. This strategy makes sure that you get half of the profit from a trade as the extreme points are reached in a movement. The second half of the order would continue to run until the trendline changes colour. Once the trendline changed colour one would exit at the close of that candlestick. With this strategy half of your order has the potential to gain further if the price action movement is stronger than the extreme point indicated and you could reap the extra movement pips. The downside is that if the extreme is on target and rebounds could hit your 3 pip positive stoploss and loose half your profit.

I think Eval is currently working on another Exit stratergy where you would wait 3 or 4 bar pull back before exit because quite often price can pull back 3 or 4 bars before a continuation of price in origanal direction.


But I would stick to the exit stratergy one the begin with..

Just my thoughts


I dont think I could make it any clearer than this..

:nerd:
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #5,159
  • Feb 11, 2012 7:16am Feb 11, 2012 7:16am
Quoting skertel
hello

and very thx for your kindly sharing system

but where should I start it exactlly ?!


Do I need to read all the pages !?
I think its worth reading, because it isn't a thread full of just chit chat, there are a lot of tips there and a lot of questions, most of which have been answered for you. Read post 1 thoroughly, download the indicators from there.

If you have never used the system before, I would suggest you use the extreme indicators that show the history of the repaint so you can see how the extreme works in realtime when backtesting. The ones attached to this post show past history of the extremes as dots so you can better tell exit strategies etc. There is no point to just looking back at just the extremes that stayed there, you need to see where you might have entered and it failed, for any sort of visual backtesting to be any good.
Attached File(s)
File Type: mq4 Cycle Identifier wHistory.mq4   29 KB | 700 downloads
File Type: ex4 Symphonie Extreme Indicator v2.ex4   20 KB | 538 downloads
  • #5,160
  • Edited 11:08am Feb 11, 2012 7:42am | Edited 11:08am
Quoting ohammond
If v1.8 is working on your chart and compiled even though it might have detected some errors, then use that one instead of 1.6? The way to tell if the errors are serious enough is it won't compile at all and it wouldn't work on your chart.

I compiled v1.8 and got this error: Function "tf2txt" is not referenced and will be removed from exp-file, I asked a programmer friend and he said it means it is not using a function that is referenced in the script, and doesn't need to, nothing to worry about and won't affect the indicator at all.
Thanks ohammond, then I should find another suspect for freezing issues. On Monday I will only open two chart, one is symphonie system and another one is for charting purpose in longer TF. I will turn off all alert, If it still freeze then I should reinstall once again.
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