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Attachments: Symphonie Trader System
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Symphonie Trader System

  • #6,081
  • Feb 20, 2012 9:32am Feb 20, 2012 9:32am
Hi again ALORENTE!

Thank you so much 4 your quick answer. I had all the requested files luckyly so the graph started without problems.

I hope to read constant updates from you about your scalping variant on symphonie system.

Thank you again!
  • #6,082
  • Feb 20, 2012 9:32am Feb 20, 2012 9:32am
Quoting rivtrader
But isnt eliminating the trendline optimizing to get in earlier? Or is it creating a new system based on the Symphonie principle?

Again....the moment you remove one of the foundational building block of Symphonie is the moment one is NOT using Symphonie Trader System.

If you take the breakes off a car it goes faster right? but is it safe? I do not think so. Same thing....the moment you take off Trendline subjects you to more whipsaws and loosing trades.
  • #6,083
  • Feb 20, 2012 9:37am Feb 20, 2012 9:37am
Quoting pbb
Hi Alorente,

Can you share based on what information you did those trades in post #6056. The lines you draw are at the color change of the MA_crossover_histogram, but it will take six bar's to close before this color change is confirmed. Untill then the color can flip around. Is there anything else you're watching, in that case we can skip the histogram.

Please see attached chart.

Thanks,

PBB,
Yes. Read post #6021. It is true that the color can change but the orders were taken at the close of the bar with the color present at that moment. If the color changes afterwards then proceed to manage the trade as I outlines in my last post.
Observation is the path to discovery.
  • #6,084
  • Feb 20, 2012 9:43am Feb 20, 2012 9:43am
Quoting Evaluator
Again....the moment you remove one of the foundational building block of Symphonie is the moment one is NOT using Symphonie Trader System.

If you take the breakes off a car it goes faster right? but is it safe? I do not think so. Same thing....the moment you take off Trendline subjects you to more whipsaws and loosing trades.
So true. For the new traders in the thread that may not have read everything, the system is designed to get you in the trade later rather than sooner, when the tops and bottoms are more defined, so you will be less prone to whipsaws and momentum is increasing in your favor.
  • #6,085
  • Feb 20, 2012 9:44am Feb 20, 2012 9:44am
Updated Trades.
Attached Image (click to enlarge)
Click to Enlarge Name: extreme ma cross.jpg Size: 164 KB
Observation is the path to discovery.
  • #6,086
  • Feb 20, 2012 9:46am Feb 20, 2012 9:46am
Quoting Alorente
Yes. I am totally expecting that to happen sooner or later. When that happens I will manage my way out of the trade and wait for the next signal. If that wasnīt a problem then we would indeed have the Holy Grail. The alternative is to have a stop loss at a previous high or low. That is the weakness of the signal to signal system. Thatīs also what makes writing an EA of this system difficult
Alorente,

That is the second part of the total Symphonie System with Money Management rules and Exit Strategies to keep your account balance protected as much as possible limiting your losses while trying to maximize your profits.

The indikators are but the first part of the total Symphonie System.

Adopting things like ARS, dynamic stoploss changes, and strict stoploss principles and exit strategies with exceptional rules are why Symphonie can be a very powerful system to make one a more consistantly winning trader and being able to handle losses without too many problem.

You can find all these in post#1.

Evaluator.:nerd:
  • #6,087
  • Feb 20, 2012 9:53am Feb 20, 2012 9:53am
Eval,

In this last up move you can see there are differences in both systems. The scalper caught the bull run and in my symphonie trade I was stopped out.
Observation is the path to discovery.
  • #6,088
  • Feb 20, 2012 9:53am Feb 20, 2012 9:53am
Here is looking at you Alorent.......!!!
Let me try your way and see how it goes,

Quoting Alorente
Updated Trades.
Attached Image (click to enlarge)
Click to Enlarge Name: symphonie_01.gif Size: 20 KB
  • #6,089
  • Feb 20, 2012 9:56am Feb 20, 2012 9:56am
Quoting Evaluator
Alorente,

That is the second part of the total Symphonie System with Money Management rules and Exit Strategies to keep your account balance protected as much as possible limiting your losses while trying to maximize your profits.

The indikators are but the first part of the total Symphonie System.

Adopting things like ARS, dynamic stoploss changes, and strict stoploss principles and exit strategies with exceptional rules are why Symphonie can be a very powerful system to make one a more consistantly winning trader and being able to handle...
I agree. In the long run your symphony system and nanningbobs 10.1 system are the two most consistently profitable out there. Iīm working with bob trying to make what is great even greater. He is a really intelligent guy like you Evaluator.
Observation is the path to discovery.
  • #6,090
  • Feb 20, 2012 9:59am Feb 20, 2012 9:59am
On this last trade, I exited before the red bar because price is again at R3. It is a good habit to do that especially when breaking the resistance takes price to a new high for the day.
Observation is the path to discovery.
  • #6,091
  • Feb 20, 2012 10:00am Feb 20, 2012 10:00am
Quoting maxwell-eqtn
Here is looking at you Alorent.......!!!
Let me try your way and see how it goes,
Good deal, guy !! So it works on EURJPY also. Good to know.
Observation is the path to discovery.
  • #6,092
  • Feb 20, 2012 10:04am Feb 20, 2012 10:04am
Quoting Alorente
On this last trade, I exited before the red bar because price is again at R3. It is a good habit to do that especially when breaking the resistance takes price to a new high for the day.

Honestly, I stay clear of heavy news events especially like this EU Greece Bailout sumit as price action can turn in a moment and leave you hanging. This can also be a game changers as I expect a resolution to Greece can cause a Euro Rally or a failure to agree on Greece bailout can cause a Euro drop. In either case I stay on the sidelines for heavy news events and ride the trend waves that are produced by it.

So, No Signals would be trustworthy in my opinion regardless how much you trust a system.
  • #6,093
  • Feb 20, 2012 10:05am Feb 20, 2012 10:05am
Quoting Alorente
On this last trade, I exited before the red bar because price is again at R3. It is a good habit to do that especially when breaking the resistance takes price to a new high for the day.
Alorante,

How did the live trades and the simulator compare in regards to win loss percentage?
  • #6,094
  • Feb 20, 2012 10:06am Feb 20, 2012 10:06am
As everyone talking about scalping for the past few days, I want to share my method when scalping. As symphonie signal often appears on a long candle just like in my chart below. I usually places my SL at the bottom of the long candle +/- few pips, many times this a long candle lead to a strong breakout and gave you lots of pips. It's a waste to not take this kind of signal.

The current case like my current trades, we are near the daily high and a long candle followed by symphonie signal later on and an up arrow appear. I want to take this opportunity as I am confident about this one, notice the break to the upside on the latest down channel. I put my SL just below the previous long candle because if this one didn't produce a break then it's just another spike and putting a tighter SL would save you many pips. And yes my entry was reckless because I just get here and open my terminal after spent the day buying a PC, entering when the candle closed would my entry better. Spent almost 4 years in my 12" laptop and it's getting annoying day by day because the size of the screen is not easy for my eyes.

Add: If I enter after the candle closed my position would be better a whole 6 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 16.png Size: 38 KB
  • #6,095
  • Feb 20, 2012 10:12am Feb 20, 2012 10:12am
Quoting rivtrader
Alorante,

How did the live trades and the simulator compare in regards to win loss percentage?
10 trades. All winners and 180 pips. Not bad for half a day. I would say it was along the lines of the simulated trades, but I did not get a trouble trade (with MA Repaints) so I canīt judge the system until I get into trouble with one of those. Iīm done trading for today with the US closed.
Observation is the path to discovery.
  • #6,096
  • Feb 20, 2012 10:14am Feb 20, 2012 10:14am
Quoting Alorente
10 trades. All winners and 180 pips. Not bad for half a day. I would say it was along the lines of the simulated trades, but I did not get a trouble trade (with MA Repaints) so I canīt judge the system until I get into trouble with one of those. Iīm done trading for today with the US closed.
Nice, thanks for sharing.
  • #6,097
  • Feb 20, 2012 10:21am Feb 20, 2012 10:21am
Quoting Alorente
10 trades. All winners and 180 pips. Not bad for half a day. I would say it was along the lines of the simulated trades, but I did not get a trouble trade (with MA Repaints) so I canīt judge the system until I get into trouble with one of those. Iīm done trading for today with the US closed.
I also try your method on NZDUSD and AUDUSD, 3 loses out of 3 with smaller lot. I enter when there is an extreme peak and when the MA cross over change color to the direction of extreme spikes. When there is a down spike, I trade after the MA turn blue and close. Maybe I missed something.

The one lead to my loses is the MA and extreme spikes repaint.
  • #6,098
  • Feb 20, 2012 10:27am Feb 20, 2012 10:27am
Quoting Passerby
I also try your method on NZDUSD and AUDUSD, 3 loses out of 3 with smaller lot. I enter when there is an extreme peak and when the MA cross over change color to the direction of extreme spikes. When there is a down spike, I trade after the MA turn blue and close. Maybe I missed something.

The one lead to my loses is the MA and extreme spikes repaint.
Wow ! That is surprising. Weīll see what happens tomorrow. As I say, itīs too early to declare victory, but we do know that Symphonie is tried and true, thatīs why after this test, Iīm going back to the old faithful.
Observation is the path to discovery.
  • #6,099
  • Feb 20, 2012 10:29am Feb 20, 2012 10:29am
Quoting Passerby
I also try your method on NZDUSD and AUDUSD, 3 loses out of 3 with smaller lot. I enter when there is an extreme peak and when the MA cross over change color to the direction of extreme spikes. When there is a down spike, I trade after the MA turn blue and close. Maybe I missed something.

The one lead to my loses is the MA and extreme spikes repaint.
Maybe your many repaints were due to the pairs being more thinly traded and were produced by the volatility.
Observation is the path to discovery.
  • #6,100
  • Feb 20, 2012 10:35am Feb 20, 2012 10:35am
Quoting Alorente
Maybe your many repaints were due to the pairs being more thinly traded and were produced by the volatility.
OK. Today was fun but I wonīt be posting anymore regarding this scalping strategy. This thread is for Symphonie and finding ways to make it better. Posting about this will only confuse everyone and is off message.
Observation is the path to discovery.
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