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Symphonie Trader System

  • #5,861
  • Feb 19, 2012 6:27am Feb 19, 2012 6:27am
Quoting Mediator
ok. perfekt. you trade the minor spikes too.
No difference between minor and major spikes. Here is a trade that illustrates well the principles. There are 3 invalid spikes. The first one (Dot) is unconfirmed by MA cross. The second one invalid for the same reason. The third one is a long spike so it is ignored because we are looking for a spike in the opposite direction (Short). The fourth one is valid (Short) since the MA cross confirms it 4 bars later. That´s when you close the long and open the short.
Attached Image (click to enlarge)
Click to Enlarge Name: example trade 4.jpg Size: 154 KB
Observation is the path to discovery.
  • #5,862
  • Feb 19, 2012 6:31am Feb 19, 2012 6:31am
Quoting Alorente
I used Comer´s MA Crossover Histogram with the default values. I´ve only tried it on M5 but I´m sure it will work on all TF. It would be great to have that EA for the Asia session.
Is it possible to take a M5 chart, plot horizontal lines (red for short, blue for long) for the last 10 days ?
Just to be sure everything is ok. A picture is worth a thousand words

I could find later today one hour or two to build an EA.
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  • #5,863
  • Feb 19, 2012 6:36am Feb 19, 2012 6:36am
Quoting lhDT
Is it possible to take a M5 chart, plot horizontal lines (red for short, blue for long) for the last 10 days ?
Just to be sure everything is ok. A picture is worth a thousand words

I could find later today one hour or two to build an EA.
That´s what I´m doing since the beginning of the year. I´m up to Jan. 17th. I´ll post the results every couple of hours till I come up to the current date. OK, I will draw the chart with vertical lines for you to see of the last 10 days. Give me an hour.
Observation is the path to discovery.
  • #5,864
  • Feb 19, 2012 6:36am Feb 19, 2012 6:36am
another thing you have to be aware is, that the MA Cross Shift 4 Bars back. An entry is usual at the 4th bar after crossing.
  • #5,865
  • Edited 8:08am Feb 19, 2012 7:12am | Edited 8:08am
EXTRA EXTRA...read all about it....

Symphonie Trade System thread reaches new milestone!


1,000,000 hits!!!!!



Many thanks to all the people who have contributed to this thread. It is you that has made this thread a winner!!!

Not bad visitation record for 4 months!

Again many thanks and please do not forget to rate.

Evaluator.:nerd:
  • #5,866
  • Feb 19, 2012 7:19am Feb 19, 2012 7:19am
Quoting Alorente
Hello RJ,

I´ve been watching this thread for a while now and I find your contributions to it very informative and constructive. I like this system, especially for what it keeps you from doing. It instills good trading habits for beginners and reinforces them for seasoned traders. I´m adapting it well to my system and it is serving as a nice safety net, keeping me out of some potentially trouble trades.

Evaluator has done an excellent job overall and Comer has made it even better. I´ll try to chip in along the way as I find potential improvements.

You...

Alorente,

Welcome to Symphonie Trader System Thread. It is my hope that you find this system helpful in shapening your trading skills. Nice to see so many seasoned traders giving Symphonie a serious look over. I think you will find it a worthwhile thread and good system.

Evaluator.:nerd:
  • #5,867
  • Feb 19, 2012 7:20am Feb 19, 2012 7:20am
Quoting Alorente
I´ve only tried 5M so far.

Here is an updated file. Wow! 473 pips on January 13th !
Ok, something I have not yet clear is the relationship with HA 60 and HA 240 (look inside excel ...)
Humble & Kalcker CLO2 = Covid killer
  • #5,868
  • Feb 19, 2012 7:21am Feb 19, 2012 7:21am
Quoting Alorente
Here is a chart that strongly supports Evaluator´s analysis of the Bear case for the Euro.

As you can see from the weekly chart, EURUSD is on a downleg of a downward channel that began in Feb. 2008. As you can also see, a perfect Head and Shoulders formation (light rectangle) has formed since Sept. 2010. The neckline was broken in mid Dec. 2011 and now we have been testing the neckline from below for the past 4 weeks. At the same time, we are also testing the RSI down trendline that began in April 2011. Another factor to consider is that the RSI...

Alorente,

Glad to see you agree with my assessment. While looking at the Elliott Super Cycle; it suggest a bottom for EURUSD is closer to 0.95 than 1.10 but 1.10 is a start.

Evaluator.:nerd:
  • #5,869
  • Feb 19, 2012 7:23am Feb 19, 2012 7:23am
Quoting comer
Hi All,

It has been demonstrated many times that watching for important pivot levels greatly complements the Symphonie. There are many pivot indicators around - I have tried many and found that they all lacking in some way or another (which is surprising - the idea is basic really). So I wrote a Pivot indi (MultiPivots)
It can calculate the Pivot and SR values based on any timeframe (parameter). So if you trade M1 and want M30 pivot - it can do that.
I am also attaching a "combining" indicator that simply uses the first one to draw...

comer,

Many thanks..this is a wonderful tool.

Evaluator.:nerd:
  • #5,870
  • Feb 19, 2012 7:25am Feb 19, 2012 7:25am
Quoting ohammond
I went from 2.0 decreasing by 0.1 each time until I got to what looked roughly the same as the original v2. The attached picture shows the closest I could get to. The extreme at the top is the original with setting 1,3,2, the one in the middle has the setting for MinorMinExtremeHeightATRs at 0.9 and the bottom one is the default. There are a couple of differences but not really enough that I can see at the moment to worry about. This is mine though and I'm sure others will have something different

ohammond,

So, MinorMinExtremeHeightATR 0.90 is equal to majorcyclestrength 2? Am I reading this correctly?

If so, great job!

Evaluator.:nerd:
  • #5,871
  • Feb 19, 2012 7:28am Feb 19, 2012 7:28am
Quoting Elmago
Thanks for the answer above.

In my business I use 20 pips stop, what works best is the 50 pip stop or signal salirde the contrary?

That is what is proven to work better?

Thanks in advance.

Elmago,

I suggest you can do one of the following....Stict to post#1 and use a 50 pip stop on your orders or you can modify and use the last extreme high or low. However, I will warn you that using these closer stoplosses can be hit more often especially in a heavy whipsaw market condition.

Evaluator.
  • #5,872
  • Feb 19, 2012 7:29am Feb 19, 2012 7:29am
Quoting jusiur
Ok, something I have not yet clear is the relationship with HA 60 and HA 240 (look inside excel ...)
Ignore those columns. I was just trying to see if trades were more profitable going with Heiken Ashi as opposed to against, but even though they are slightly more profitable in favor of HA, it is still worth taking the trades against it.
Observation is the path to discovery.
  • #5,873
  • Feb 19, 2012 7:31am Feb 19, 2012 7:31am
Quoting Evaluator
Alorente,

Glad to see you agree with my assessment. While looking at the Elliott Super Cycle; it suggest a bottom for EURUSD is closer to 0.95 than 1.10 but 1.10 is a start.

Evaluator.:nerd:
Eval,

My analysis also shows me the Euro breaking parity, but maybe in a subsequent leg down, not on this one.
Observation is the path to discovery.
  • #5,874
  • Edited 8:18am Feb 19, 2012 7:33am | Edited 8:18am
Quoting Elmago
For output as evaluator said earnings in the next peak in extrem settings used? I now use 1.3.3, but with the same settings I get more peaks followed by color on my laptop than on my netbook, know what the problem is that? They know if evaluator and other settings used for extreme 1,3,3?

Thank you.

Elmago,

I have found that there is a difference between using a laptop versus a desktop computer. The signals are slightly different. As to the reason why I really have no idea. I think it maybe the way that laptop CPUs process data versus a desktop computer due to size compression, heat, power constrants that laptop use where desktops do not.

Maybe someone with more computer architecture knowledge could better explain the differences. But I know they exist because I have a desktop and it works more smootly than my laptop or my touchpad.

Evaluator.:nerd:
  • #5,875
  • Feb 19, 2012 7:37am Feb 19, 2012 7:37am
Quoting lhDT
Is it possible to take a M5 chart, plot horizontal lines (red for short, blue for long) for the last 10 days ?
Just to be sure everything is ok. A picture is worth a thousand words

I could find later today one hour or two to build an EA.
Ihdt,

Here are the pictures of last week´s trades. I noticed a bad one on the 13th for -30 pips and another on the 14th for -30 pips. That bothers me. I´ll have to see why we didn´t get a sell spike on those two. The rest of them seem very profitable as usual. I´ll work on the numbers to see how profitable the system was last week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trades 2-13.jpg Size: 158 KB
Click to Enlarge Name: trades 2-13 to 2-14.jpg Size: 143 KB
Click to Enlarge Name: trades 2-14 to 2-15.jpg Size: 153 KB
Click to Enlarge Name: trades 2-15 to 2-16.jpg Size: 162 KB
Click to Enlarge Name: trades 2-16 to 2-17.jpg Size: 157 KB
Click to Enlarge Name: trades 2-16.jpg Size: 165 KB
Click to Enlarge Name: trades 2-17 to today.jpg Size: 162 KB
Observation is the path to discovery.
  • #5,876
  • Feb 19, 2012 7:45am Feb 19, 2012 7:45am
Quoting Alorente
In MT4 each press of the F12 key, advances the chart by one bar.

Here is a really good example of what I said before. A spike is not a spike until confirmed by the MA cross color change. As you can see, if I had closed the long and opened a short on the false first or second spike, I would have gotten killed. By waiting till a confirmed spike, Bingo! Big profit on both the long and the short.

Alorente,

Let me get this straight. You wait for a Symphonie Signal then only take when Symphonie Signal and MA price action (above MA for buy and below MA for sell) agree?

Evaluator.:nerd:
  • #5,877
  • Feb 19, 2012 7:50am Feb 19, 2012 7:50am
Quoting Alorente
Ihdt,

Here are the pictures of last week´s trades. I noticed a bad one on the 13th for -30 pips and another on the 14th for -30 pips. That bothers me. I´ll have to see why we didn´t get a sell spike on those two. The rest of them seem very profitable as usual. I´ll work on the numbers to see how profitable the system was last week.
OK so :
Spike (major/minor/repaints) : 1 bars back
MA Cross : Current bar (subject to repaint as it isn't confirmed).

Right ?
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  • #5,878
  • Edited 1:44pm Feb 19, 2012 7:54am | Edited 1:44pm
Quoting Seabreeze
Eval states all Indies need to line up for the trades when using the standard money management and symphonie strategy, but when scalping this is not as necessary as you are just taking pips here and there and reading the market emotion.

Seabreeze,

Correct! Symphonie System was/is designed on the premise that you are entering the market price action on the backside of changing price action movement. The whole point of this design is to catch the ''meat'' of a price action movement. Symphonie is not designed to look to enter at the absolute top or absolute bottoms of price action as those are very hard to determine and whipsaws at those areas tend to be violent and prone to loosing trades. Also movement are not established and can change direction without notice which is the reason for Symphonie.

Here is a process chart that I created long ago what I was developing my trade theory showing my first design though process on Symphonie and how it was to function.

As you can see Symphonie looks for the estalishments of Tops and Bottoms and seeks to give one an entry point at the begining of established price action moves. This helps to stablize your order and keep one out of whipsaw action depending on the tomeframe you trade and market conditions.

Evaluator.:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Trading Cycle Diagram.jpg Size: 120 KB
  • #5,879
  • Feb 19, 2012 7:59am Feb 19, 2012 7:59am
Quoting comer
Hey guys, I am actually using the same strategy plus I watch if there is a pivot nearby. I consider it a warning and don't enter if it is too close ahead or a confirmation sign if it is close behind
Exit is my weak point though. So I wanted to ask - when do you exit? PA, lines, Symphonie signals?

Regards,
Comer

Comer,

I suggest you look at exit strategy#2 on post#1 as that is my favorite of the exit strategies. It lets you take profit and keep in the market until clearly defined turning points are established.

It also helps to keep your mentality as you bank 1/2 of your order to satisfy your FEAR impulse and lets the 2/2 ride to satisfy your GREED impluse.

Evaluator.:nerd:
  • #5,880
  • Feb 19, 2012 8:00am Feb 19, 2012 8:00am
Quoting Alorente
Look at this beautiful trade by the system. 131 pips in just 2 hours.

Alorente,

What timeframe?
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