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Symphonie Trader System

  • #5,321
  • Feb 14, 2012 5:22am Feb 14, 2012 5:22am
Quoting yelena
arrow down if it the DPO crossed the zero line ang going down. and vice versa.

its very easy to miss DPO crossing the zerl line so tha arrows are really super handy.
I have the DPO on my chart, with the setting you've said and many times it crosses zero but there is no arrow, thats why I'm wondering where the 7 part comes in?
  • #5,322
  • Feb 14, 2012 5:24am Feb 14, 2012 5:24am
Quoting yelena
arrow down if it the DPO crossed the zero line ang going down. and vice versa.

its very easy to miss DPO crossing the zerl line so tha arrows are really super handy.
Few moment ago, the DPO crossed 0 and an arrow appear for a few second. Thanks yelena. Now I know why the arrow keep appearing when I tested an exit strategy based on closing price and MA.

Here what I got while digging on google: "Detrended Price Oscillator compares closing price to a prior moving average, eliminating all cycles that are longer than the moving average."
  • #5,323
  • Feb 14, 2012 5:25am Feb 14, 2012 5:25am
Quoting ohammond
I have the DPO on my chart, with the setting you've said and many times it crosses zero but there is no arrow, thats why I'm wondering where the 7 part comes in?
I also thinking 7 as DPO period, before yelena post the setting in arrow indie.

BTW: I gave up the idea to go long. Even if this one is an uptrend, I think there is only little movement left on the third wave.
  • #5,324
  • Feb 14, 2012 5:44am Feb 14, 2012 5:44am
Quoting ohammond
I have the DPO on my chart, with the setting you've said and many times it crosses zero but there is no arrow, thats why I'm wondering where the 7 part comes in?
here's the DPO that matches the arrow indi...

passerby: you're so funny.... i wanted you to understand how DPO supports the logic of symphonie... lol...

if you can check H1 using rj's symphonie set handed by eval, you'll see that i didnt have any losing trades yesterday and today. 41+37+38 = AJ, 42+56 (overnight trade) = AU, total 214 pips no counter trading.

TP = TP1 set from fibo expansion. ill end early today, a bit groggy.
Attached File(s)
File Type: ex4 DPO1.ex4   2 KB | 489 downloads
  • #5,325
  • Feb 14, 2012 5:56am Feb 14, 2012 5:56am
H Yelena...what dou you mean by ''rj's symphonie set''? thank you!
  • #5,326
  • Edited 6:57am Feb 14, 2012 6:19am | Edited 6:57am
Here is what I see from 1 hour chart on EURUSD. It is a break of acending wedge formation with a failed 5 wave pattern (top) where there is a channel break then retest of bottom of wedge and it appears to be reverse both at perfect 61.8 fibs.

I think that combined with the double tops at 1.33800 confirm the overall bais is now down. This is why I am warning to be careful of taking any long positions unless some news changes the overall drivers of the market which point to a euro drop.

(see chart)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 4 hour 14feb2012.jpg Size: 122 KB
  • #5,327
  • Feb 14, 2012 6:27am Feb 14, 2012 6:27am
  •  amcm
  • | Joined Sep 2010 | Status: assetmanagement-bfi.com, thanks... | 38 Posts
Hi Evalutor,

in post1 says "...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 trade in M5 and i follow this rule when apper on extreme spikes before reach 30pip i close trade, but i'm always exiting the trade because it appear an next the indicator repaint.

it's better wait for more 4 or 5 candles or should I follow this rule to the "letter"?
  • #5,328
  • Feb 14, 2012 6:30am Feb 14, 2012 6:30am
Quoting amcm
Hi Evalutor,

in post1 says "...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 trade in M5 and i follow this rule when apper on extreme spikes before reach 30pip i close trade, but i'm always exiting the trade because it appear an next the indicator repaint.

[font=Verdana][size=2]it's better wait...
Yes. wait until 4 extreme bars. Consider that a permenant modification of the extreme spike indikator.
  • #5,329
  • Feb 14, 2012 6:30am Feb 14, 2012 6:30am
Quoting Evaluator
Here is what I see from 1 hour chart on EURUSD. It is a break of acending wedge formation with a failed 5 wave pattern where there is a channel break then retest of bottom of wedge and it appears to be reverse both at perfect 61.8 fibs.

I think that combined with the double tops at 1.33800 confirm the overall bais is now down. This is why I am warning to be careful of taking any long positions unless some news changes the overall drivers of the market which point to a euro drop.

(see chart)
Yep, that all looks good, and I agree, longs need to proceed with caution. I think that until the Troika decision is finally made (Wednesday I think), we are likely to stay in this range.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,330
  • Feb 14, 2012 6:40am Feb 14, 2012 6:40am
Quoting dakuki
H Yelena...what dou you mean by ''rj's symphonie set''? thank you!
RJ has the trendline setting as 20,5 as Evaluator has put his trendline settings this month in Post #1 also the ma and arrows.
  • #5,331
  • Edited 6:51am Feb 14, 2012 6:40am | Edited 6:51am
The eurusd reversal really comes into forus when you look at it from the 4 hour timeframe.

P.S. This is a long count where the bottom of the super cycle according to Elliott is in the 0.95 area.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 4 hour 14feb2012 (2).jpg Size: 96 KB
  • #5,332
  • Feb 14, 2012 6:57am Feb 14, 2012 6:57am
Quoting yelena
here's the DPO that matches the arrow indi...

passerby: you're so funny.... i wanted you to understand how DPO supports the logic of symphonie... lol...

if you can check H1 using rj's symphonie set handed by eval, you'll see that i didnt have any losing trades yesterday and today. 41+37+38 = AJ, 42+56 (overnight trade) = AU, total 214 pips no counter trading.

TP = TP1 set from fibo expansion. ill end early today, a bit groggy.
That's me!

I like the movement of AUD and NZD, I used to trade those pair with symphonie. But since everyone is talking about EUR and not so much to dig around AUD and NZD I switch. It is easier to trade AUD and NZD, the direction is easier to read but the movement is kinda slow.

Add: Is it a bullish divergence on M5? Nah it just me, the lower trend line just broken.
Add2: The H1 showing some bearish divergence, look at the second attachment.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 7.png Size: 30 KB
Click to Enlarge Name: 8.png Size: 36 KB
  • #5,333
  • Feb 14, 2012 7:03am Feb 14, 2012 7:03am
Here are some of today's 30M signals with post #1 settings, the green line on the matrix indicator is the entry signal:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aj 30m 021412.gif Size: 23 KB
Click to Enlarge Name: ej 30m 021412.gif Size: 23 KB
Click to Enlarge Name: eu 30m 121412.gif Size: 23 KB
Click to Enlarge Name: gj 30m 021412.gif Size: 23 KB
  • #5,334
  • Feb 14, 2012 7:12am Feb 14, 2012 7:12am
Another trade on 5min bites the dust 5 trades today on EU and AU - 5 wins, this one will probably go further but have to go out.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu5m.gif Size: 35 KB
Click to Enlarge Name: eu5m(2).gif Size: 34 KB
  • #5,335
  • Feb 14, 2012 7:13am Feb 14, 2012 7:13am
i think about the trendline we talked a lot. we have the settings either 45,15 or 20,5 or the slope.

but about the major cycle settings im still a bit confused. is the best 1,3,2 (default setting) or 1,3,3???

what kind of difference can i see on the chart or what is it doing with the chart?

i let the 5 min chart running on both settings today on the same broker and have the same signals on both matrix, hmmmmm. no difference.

thanks for this technical answer.

manilaspurs
  • #5,336
  • Feb 14, 2012 7:15am Feb 14, 2012 7:15am
Just shorted EU on M5 TF.

16 pips banked. Thx Eval.
Attached Image (click to enlarge)
Click to Enlarge Name: eum515.jpg Size: 160 KB
  • #5,337
  • Feb 14, 2012 7:16am Feb 14, 2012 7:16am
Quoting ManilaSpurs
i think about the trendline we talked a lot. we have the settings either 45,15 or 20,5 or the slope.

but about the major cycle settings im still a bit confused. is the best 1,3,2 (default setting) or 1,3,3???

what kind of difference can i see on the chart or what is it doing with the chart?

i let the 5 min chart running on both settings today on the same broker and have the same signals on both matrix, hmmmmm. no difference.

thanks for this technical answer.

manilaspurs

ManilaSpurs,

I use setting on post#1

Evaluator
  • #5,338
  • Feb 14, 2012 7:28am Feb 14, 2012 7:28am
Pls can someone post the trend line indicator with sound alert. The one Ive got is the super trend and it gets mute sometimes.
Thanks
Kasapreko
  • #5,339
  • Feb 14, 2012 7:44am Feb 14, 2012 7:44am
I have question: If you get extreme spike before reaching 30 pips, do you exit immedietly on that candle or you count 4 candles before exiting trade?
  • #5,340
  • Feb 14, 2012 7:46am Feb 14, 2012 7:46am
Quoting Timur443
I have question: If you get extreme spike before reaching 30 pips, do you exit immedietly on that candle or you count 4 candles before exiting trade?

wait
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