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Symphonie Trader System

  • #6,701
  • Edited 10:56am Feb 24, 2012 10:38am | Edited 10:56am
Quoting ohammond
Just came back in to find another EU taken profit at 1.34644, that was a bit more risky but its Friday after all and I did have to test the signaller

Edit take no notice of the stop loss line there, thats left over from something else I think

told you the signaler was awesome! the matrix doesn't perform as much. duno why.


to everyone : please follow the entry rules of symphonie. i only made a live documentation of my trades coz people were saying that symphonie is not performing as discussed. and complaining about the spikes. so i showed how i traded to allow you a more peaceful trading and not be obssessed with the spikes. my style is my style but you can take away 2 things (that are actually in the signaler)

1. stop loss is a stop loss (last swing high/low)
2. tp is a tp (either ATR1 or fibonacci expansion TP1)
3. add: open 2 charts for the same currency (M5 and H1) and take only the trades where M5 signals to the same direction of H1. if you did that this week, you would have no losing trades at all (except for wednesdy's ranging market coz neither the ATR nor the fibo worked for EU during the 7am-5pm trading hours but it was a rocking 173 pips after 5pm, so the strategy still worked after all)

i haven't said anything new. and eval has echoed many times that trading M5 in H1's direction produces wonderful results. dont imagine numbers. trade with what you see.

i wont be posting my live trades anymore. just a summary. thank you for indulging me.
  • #6,702
  • Feb 24, 2012 10:38am Feb 24, 2012 10:38am
2012 Account Statistics Report Week - 3

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)

This week on the new 2012 Thread Account Trial #3 the same old story of Greek debt default issues and potential resolution threw alot of curves into the market but this week the ''rainbows and lollies'' show really got underway as it began with timmid resolution of Greek Bailout on late Monday/early Tuesday. This caused a rally from 1.29700 to 1.31800-1.32000 range for most of the week. Unfortunately, I was away from my desk for the Symphonie buy Signal and did not participate in the rally. Actually the opposite occured...there was a Symphonie Sell Signal in 1 hour at 1.32409 that resulted in a repain and loss which at the time I was fast asleep for the reversal and did not participate in the next rally that has taken the Euro to a ECB post press conference high or 1.34600!

As you can see by the Statistics for this week we have only 1 or two orders that were stopped out for a loss and the account is basically flat for this week. (remember I am only trade 1 hour timeframe) Next week we look to crosses as there remains the potential for the Euro to push to the bottom of the 1.42-1.29 downchannel on the daily chart that could signal the next major leg down in the Euro. Or the world could magically correct itself and the Euro could break the channel and rally much much higher. Who knows...we let the market decide and stick with Symphonie Signals to lead the way!

Good Luck in your 2012 trading.

Evaluator
Attached Image (click to enlarge)
Click to Enlarge Name: 2012 Account Statistics Report week 3.jpg Size: 134 KB
  • #6,703
  • Feb 24, 2012 10:45am Feb 24, 2012 10:45am
1,088,694 over 400 pages and over 6000 posts

Milestone reached and quickly exceeded!!!!!

Since my last post about visititation this thread continues gains of 11%!!!

(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, post #4562, post #5141, and post #5770)

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.

http://www.forexfactory.com/images/buttons/quote.gif

  • #6,704
  • Feb 24, 2012 10:45am Feb 24, 2012 10:45am
thank you for the update. how many signals did you have this week? and why you have an open order with nearly 5% DD.
  • #6,705
  • Feb 24, 2012 10:49am Feb 24, 2012 10:49am
[quote=yelena;5417164]
Quoting maudur



do you know on a non-expiring demo account? i need one so i dont need to estimate the losses/winning every 30 days for a closer to reality testing.
hi yelena

i have alpari.nz and fxpro, both are not expiring. fxpro had a crash today and it took them hours to fix. now its working fine again.


have a nice weekend
manilaspurs
  • #6,706
  • Feb 24, 2012 10:54am Feb 24, 2012 10:54am
To filter false signal like the false SELL signal (x) in the picture i try to use mtf woodies cci. the blue/red colored cci is for trend and white line is signal. if trend is up(blue histogram) and signal(white line) go to 0 line or under then cross again above 0 line that is nice confirmation for entry .
For exit i also use cci (ZZI)(14) with 2 way of exit:
1. if cci go above 100 ) and on next candle is lover (the spike is formed) i exit half position and set SL to BE(oposite for SELL) (GOOD FOR EXIT IN HIGH VOLATILITY MARKET.
2 when cci go above 100 and then drop bellow 100 for Long exit and oposite for SELL exit
Attached Image (click to enlarge)
Click to Enlarge Name: symphonie.jpg Size: 186 KB
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  • #6,707
  • Feb 24, 2012 10:54am Feb 24, 2012 10:54am
Quoting Mediator
thank you for the update. how many signals did you have this week? and why you have an open order with nearly 5% DD.

Because there was a buy signal that has since pulled back??? Just look at the Symphonie Signals....that is what I am doing and taking them as they come.
  • #6,708
  • Edited 11:35am Feb 24, 2012 11:23am | Edited 11:35am
Hi everybody.
I posted my question on 6695. May be it is a stupid question and people just politely ignored it or may be I didn’t explain it well. I made my first trade using this system yesterday and it was loss.
I want to do backtest on forex tester, but don’t know how to handle situation like this. Again if somebody can help, please do it.

I opened sell trade but indicator become colorless, what should I do if I want use exit strategy # 2.

1. Close half medially and the rest at point A/
2. Keep it running and close at point B and open Buy trade.
3. Keep it running till it hit stop loss 50 pips.
Thank you.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: a.jpg Size: 119 KB
Click to Enlarge Name: b.jpg Size: 123 KB
  • #6,709
  • Feb 24, 2012 11:33am Feb 24, 2012 11:33am
Quoting yelena
told you the signaler was awesome! the matrix doesn't perform as much. duno why.


to everyone : please follow the entry rules of symphonie. i only made a live documentation of my trades coz people were saying that symphonie is not performing as discussed. and complaining about the spikes. so i showed how i traded to allow you a more peaceful trading and not be obssessed with the spikes. my style is my style but you can take away 2 things (that are actually in the signaler)

1. stop loss is a stop loss (last swing high/low)
2. tp...
You say "M5 signals to the same direction of H1" Same direction using what? Trend? Spikes? Just want some clearity on how you use the 1 hours to filter
  • #6,710
  • Feb 24, 2012 1:03pm Feb 24, 2012 1:03pm
Evaluator,

I just started trading your system for the first time (thankyou).

Question: I see your using "Bollinger Bands" do you like them
with this system? And are the settings the default 20/2?

Tks

snarlyjack
  • #6,711
  • Feb 24, 2012 1:16pm Feb 24, 2012 1:16pm
Quoting tmoney5474
You say "M5 signals to the same direction of H1" Same direction using what? Trend? Spikes? Just want some clearity on how you use the 1 hours to filter
Yes me too please!
  • #6,712
  • Feb 24, 2012 1:37pm Feb 24, 2012 1:37pm
I seem to always fall for these useless indicators. They repaint and they backlog. Evaluate r says that the repaint issue doesnt matter just enter the trade when they line up. Ok I tried that and it doesnt work. Maybe Im missing something but I doubt it. The directions are always changing and there not very clear. Thanks for sharing I do appreciate it... Good luck people
Market Makers are the best
  • #6,713
  • Feb 24, 2012 2:01pm Feb 24, 2012 2:01pm
Quoting tehnobyte
Ok thank you, and one more question why dont use symphonie signal 1.8 it has autorefresh option and some more ?
1.8 has quite a few bugs that the programmer hasn't had time to fix yet so 1.7 is the best one for now.
  • #6,714
  • Feb 24, 2012 2:01pm Feb 24, 2012 2:01pm
Here is my only trade for today. Missed out on much of the upwards movements since I was busy with other things, but I decided to jump in on this late Bearish signal. A countertrend trade if one looks at the bigger picture, but due to much profit taking and liquidation during Fridays last ours I decided to take it anyway. Here goes:

http://i1190.photobucket.com/albums/...0124-02-12.gif

On the other hand, I must again take up the issue of mismatching data between the Standalone Extreme indi, the Matrix and the Signaler. Often they will present you with mismatching data.
For example, the matrix may indicate a Cycle extreme has occured, but the other two won't show it. The parameters are of course the same for all indicators. Refreshing the chart or switching between timeframes usually solves the problem. Anyone else with similar issues?
Anyway, I bagged some PIPs today so that will do for this week. Have a good weekend everybody!
  • #6,715
  • Feb 24, 2012 2:02pm Feb 24, 2012 2:02pm
Quoting Marlow Yip
I seem to always fall for these useless indicators. They repaint and they backlog. Evaluate r says that the repaint issue doesnt matter just enter the trade when they line up. Ok I tried that and it doesnt work. Maybe Im missing something but I doubt it. The directions are always changing and there not very clear. Thanks for sharing I do appreciate it... Good luck people
Why not follow yelena's posts, it certainly works for her and quite a few others of us, or if it doesn't suit you, good luck with trying something else.
  • #6,716
  • Feb 24, 2012 2:13pm Feb 24, 2012 2:13pm
Quoting Piotr1
Hi everybody.
I posted my question on 6695. May be it is a stupid question and people just politely ignored it or may be I didn’t explain it well. I made my first trade using this system yesterday and it was loss.
I want to do backtest on forex tester, but don’t know how to handle situation like this. Again if somebody can help, please do it.

[font=Times New Roman][size=3]I opened sell trade but indicator become...
In the case of that trade, I would have held on, there was no extreme spike at the bottom and although the red disappeared it hadn't closed above the candle that made the spike in the first place. You certainly wouldn't want to let it hit your 50 pip stop loss because there would have been a candle closed above that peak well before that, but thats just how I play those types of trades.
  • #6,717
  • Feb 24, 2012 2:16pm Feb 24, 2012 2:16pm
Quoting tehnobyte
To filter false signal like the false SELL signal (x) in the picture i try to use mtf woodies cci. the blue/red colored cci is for trend and white line is signal. if trend is up(blue histogram) and signal(white line) go to 0 line or under then cross again above 0 line that is nice confirmation for entry .
For exit i also use cci (ZZI)(14) with 2 way of exit:
1. if cci go above 100 ) and on next candle is lover (the spike is formed) i exit half position and set SL to BE(oposite for SELL) (GOOD FOR EXIT IN HIGH VOLATILITY MARKET.
2 when cci go...
I didn't get a signal there, are you refreshing the chart at the close of a bar, or using an autorefresh because it shouldn't have signalled as if you look a couple of bars before that there was a blue extreme which means it would have been looking for buys from that point.
  • #6,718
  • Feb 24, 2012 2:22pm Feb 24, 2012 2:22pm
Quoting Martinius
Here is my only trade for today. Missed out on much of the upwards movements since I was busy with other things, but I decided to jump in on this late Bearish signal. A countertrend trade if one looks at the bigger picture, but due to much profit taking and liquidation during Fridays last ours I decided to take it anyway. Here goes:

http://i1190.photobucket.com/albums/...0124-02-12.gif

On the other hand, I must again take up the issue of mismatching data between the Standalone Extreme indi, the Matrix and the Signaler....
You should really refresh (or use an autorefresh indicator) at the close of the bar to be sure everything is as you think it is before placing a trade.
  • #6,719
  • Feb 24, 2012 2:42pm Feb 24, 2012 2:42pm
Quoting ohammond
I didn't get a signal there, are you refreshing the chart at the close of a bar, or using an autorefresh because it shouldn't have signalled as if you look a couple of bars before that there was a blue extreme which means it would have been looking for buys from that point.
I did not take this signal becose of filter but it was there after the signal bar has closed so in the future i will use signal indi v1.8 it has autorefresh option , we will see!
pro4ex trading suite
  • #6,720
  • Feb 24, 2012 2:50pm Feb 24, 2012 2:50pm
Quoting tehnobyte
I did not take this signal becose of filter but it was there after the signal bar has closed so in the future i will use signal indi v1.8 it has autorefresh option , we will see!
I wouldn't recommend you use 1.8 it is extremely buggy. I would use the symphonie autorefresh indicator instead, you can find it under the paperclip at the top of the page.
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