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Attachments: Symphonie Trader System
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Symphonie Trader System

  • #9,121
  • Mar 16, 2012 7:23pm Mar 16, 2012 7:23pm
Thank you, do you mean you exit only after seeing the opposite extremen appearing 4 times?

Quoting Dyekid217

I use fib retracements to set SL and TP and I only exit on 4 opposite extremes

EDIT: also the only reason I like having the signaler and the matrix together is because the signaler shows a MTF view of symphony also daily pivots are built in
  • #9,122
  • Mar 16, 2012 7:28pm Mar 16, 2012 7:28pm
Happy weekend everyone...
Fresh start again next week...
  • #9,123
  • Mar 16, 2012 8:08pm Mar 16, 2012 8:08pm
Quoting juzgood1978
Thank you, do you mean you exit only after seeing the opposite extremen appearing 4 times?
Yes if there's 4 CLOSED* extremes then I exit. There's times where there's four extremes but when the fourth closes it can reprint them all. Just learn the signals and get comfortable with how they work
  • #9,124
  • Mar 16, 2012 8:17pm Mar 16, 2012 8:17pm
Quoting Evaluator
ivanisevic,

Great Question!

I practice a very conservative MoneyManagement System. Once I place an order it has a 50pip stoploss. However, once the pip count exceeds 30pips positive I move the stoploss to 3pips in front of the order to protect from having any loss on the trade.

Yes, in whipsaw action I get stopped out more but I usually means the market is not ready to move in the direction of my order and I wait on new pricing action that normally mean my second order is at a better price than the first because the market was simply not...
++++++++++++++++++++++++++++++++

Awesome Awesome job here. Not only did you work your fanny off to get this method down to a simplistic level, but you also exhibit UNCANNY patience and are fully committed to helping every single person that checks in.

I'm only up to page 12 and already I've seen you repeat this entire explanation a few times. At this point I would have already been pulling out my hair because of all those that choose to come right up to you, like a baby bird, and say "Feed Me", instead of doing some of their own reading.

Oh well, I suppose I tend to be a bit of a hard ass about this stuff, but to demonstrate that I too can be saved, I included your entire post from page 11 for anyone looking for a short cut.

btw, life really offers no shortcuts.

Darryl

"Today, I would like to become the man my dog thinks I am." ~ Jack Thomson, 
Entrepreneur
  • #9,125
  • Mar 16, 2012 9:17pm Mar 16, 2012 9:17pm
[quote=diamonddbw;5485633]++++++++++++++++++++++++++++++++

Awesome Awesome job here. Not only did you work your fanny off to get this method down to a simplistic level, but you also exhibit UNCANNY patience and are fully committed to helping every single person that checks in.

Hmm...fanny????
  • #9,126
  • Mar 16, 2012 9:45pm Mar 16, 2012 9:45pm
Quoting Dyekid217
You need to download v2 of the extreme cycle indi. Just search this thread it's only a couple of pages back
Thanks DK, I did that also, and still no extreme lights on my Signaler. Anyone else having this problem? I really love the helpful atmosphere of this thread, much appreciated. Thanks Eval and all other contributors, very refreshing! PLease help...
Attached Image
  • #9,127
  • Mar 16, 2012 10:50pm Mar 16, 2012 10:50pm
Hi ppl

Found an interesting dashboard which may well fit with the Symphonie System. Just cant seem to get it to work. Maybe someone else with
more experience with code would like to have a go.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: sefc.jpg Size: 50 KB
Attached File(s)
File Type: mq4 Daily Forex Signal SEFC.mq4   9 KB | 681 downloads
  • #9,128
  • Mar 16, 2012 11:02pm Mar 16, 2012 11:02pm
Hey Everyone, sorry for going out on a tangent here but, has anyone ever brought up the possibility of porting the indicators to another platform like Thinkorswim to be able to trade futures and such? I am having great success with forex on the long term timeframes, 4H (living in EST and waking up for Eur open is a b*tch)! Im dying to try this system on eminis and futures like crude and gold, which are more EST friendly I have no programming skills beyond university entry level HTML/CSS, which is quite useless for this task so I thought Id ask! lol
  • #9,129
  • Mar 16, 2012 11:28pm Mar 16, 2012 11:28pm
Quoting stefan416
Im dying to try this system on eminis and futures like crude and gold, which are more EST friendly I have no programming skills beyond university entry level HTML/CSS, which is quite useless for this task so I thought Id ask! lol
Stefan - a quick and simple way (quick, before you die - LOL!) to try Symphonie on SP500 emini, crude and gold is to just get a demo account with an MT4 broker that also offers the major indices, gold, and oil - many do! Then you just use that broker's MT4 for your charts with Symphonie, and enter your trades with your futures broker. Enjoy!
  • #9,130
  • Mar 16, 2012 11:52pm Mar 16, 2012 11:52pm
Quoting MagicMike
I think I read in a previous post of yours that you only trade new signals. Does that mean that you do not trade extreme repaint trades?
Yes thats right, I very very rarely take repaint trades. They remind me of breakouts and I had a terrible time a couple of years ago trading breakouts.
  • #9,131
  • Mar 17, 2012 1:36am Mar 17, 2012 1:36am
Quoting pippete
Thanks DK, I did that also, and still no extreme lights on my Signaler. Anyone else having this problem? I really love the helpful atmosphere of this thread, much appreciated. Thanks Eval and all other contributors, very refreshing! PLease help...
hey pippete - looks like you are using a 5 digit broker? Just wondering cuz
I had same issue with 5 digit but 4 digit no problem.
Try it maybe it works for you as well

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  • #9,132
  • Mar 17, 2012 2:14am Mar 17, 2012 2:14am
Quoting urvishu
Guys,

I opened a Buy position with .50 lot at 1.30242 and it was closed at 1.31621 and my profit is showing as $523.85.. my broker is FXCM...

Can someone please tell me how many pips of profit that is? I know it's 1.31621 - 1.30242 = 0.01379 ... But it can't be that many pips .. right? Also, Is it a good amount of pips or profit over 2 and a half days??

i tried learning it on Babypips but there they explained only 4 decimal places.... i'll really appreciate if someone can please explain me?

Thanks
Vishal
138 pips :nerd:
Enter Signature
  • #9,133
  • Mar 17, 2012 3:04am Mar 17, 2012 3:04am
Quoting urvishu
Guys,

I opened a Buy position with .50 lot at 1.30242 and it was closed at 1.31621 and my profit is showing as $523.85.. my broker is FXCM...

Can someone please tell me how many pips of profit that is? I know it's 1.31621 - 1.30242 = 0.01379 ... But it can't be that many pips .. right? Also, Is it a good amount of pips or profit over 2 and a half days??

i tried learning it on Babypips but there they explained only 4 decimal places.... i'll really appreciate if someone can please explain me?

Thanks
Vishal
Quoting thomasK
138 pips :nerd:
137.9 pips...

Btw i just put symphonymatrix v1.61 does anyone know is this repaint?

Thanks
  • #9,134
  • Mar 17, 2012 5:09am Mar 17, 2012 5:09am
Quoting jnfer
Btw i just put symphonymatrix v1.61 does anyone know is this repaint?

Thanks
Please read the thread, there has been a lot of discussion on "repainting issues".
  • #9,135
  • Mar 17, 2012 5:31am Mar 17, 2012 5:31am
Quoting ohammond
Please read the thread, there has been a lot of discussion on "repainting issues".
I've read this http://www.forexfactory.com/showthre...60#post5285060

not found repainting issues... could be i'm wrong?
  • #9,136
  • Mar 17, 2012 6:18am Mar 17, 2012 6:18am
Quoting jnfer
I've read this http://www.forexfactory.com/showthre...60#post5285060

not found repainting issues... could be i'm wrong?
The matrix indicator is just the indicators from post #1 but in a different format, so if you read the very first post you will see repainting issues are talked about.
  • #9,137
  • Mar 17, 2012 7:16am Mar 17, 2012 7:16am
Quoting Daytrader74
Thank you Symphony, this week I'm up +13.21% on my trading account.

http://www.myfxbook.com/members/Ozpips/ozpips/255545

Good weekend to all!

great results but what time frame do you trade ? i see that you hold trade for 2 days which is very long and it seems you still have open orders.....
you have no stop loss ?
  • #9,138
  • Mar 17, 2012 8:18am Mar 17, 2012 8:18am
Quoting bobmorloc
great results but what time frame do you trade ? i see that you hold trade for 2 days which is very long and it seems you still have open orders.....
you have no stop loss ?
He said last time the open order is from another system not symphonie.
  • #9,139
  • Mar 17, 2012 8:41am Mar 17, 2012 8:41am
Quoting ohammond
He said last time the open order is from another system not symphonie.

ok i didn't see that.
  • #9,140
  • Mar 17, 2012 9:38am Mar 17, 2012 9:38am
Some of you might be system hoppers. I was an avid one to say the least. But I was just reading through a post in trading discussion about trusting in your system. This is what I've lacked through my short trading career and I'm finally getting a hold of it. Thanks to Eval pushing it down our throats. Consistency is a mindset. If you trust in your trades then you'll stand a better chance of profiting in the long run.

Untrust in a system can lead to multiple causes for stress and unneeded pain. Trust me I know how it feels. I jumped from system to system trying to find the best indicators and what will carve major pips out of the market but only finding that route as a dead end.. Also it took a toll on my bank account paying for all these private forums and systems. Yes I've been to james16 but learning that method is not simple it takes practice. The journey for those system hopping will continue unless you learn to utilize the tools given to you.

Study your system and know its ins and outs.


Just some weekend thinking

Relax and take some time off. Drink a couple beers it's st. Party day anyways!! I myself am on a little mini vacation with my girlfriend and her family. It's always good to get away and recoup before the next week
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