Symphonie Trader System | Page 477 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Ci/symphonie extreme similarity explained! 144 replies

Symphonie/Cobra Hybrid System 4 replies

Symphonie trader or Genesis matrix 1 reply

Symphonie Trader System EA 73 replies

Yet another set of Symphonie Indicators 241 replies

Attachments: Symphonie Trader System
Exit Attachments

Symphonie Trader System

  • #9,521
  • Mar 20, 2012 1:29pm Mar 20, 2012 1:29pm
Quoting b-rock
Just had a losing trade with 60-5, so I think they'll happen. Pretty much impossible to guarantee "no losing trades."

b-rock,

It is very many important to post a screenshot to help analysis what the conditions were at the time of your loss trade. Next time this happen please post a screenshot. ''a picture is worth 1000 words''

Evaluator.:nerd:
  • #9,522
  • Mar 20, 2012 1:32pm Mar 20, 2012 1:32pm
Quoting DiotusTR
As shown in the graph between in the direction of 1 H, when I go is when it gets extreme red and enters sold, you can see where my TP and SL touches.

At the time 5 minutes giving purchase does not enter into 1H because no order.

Can you tell me what I do wrong?

DiotusTR,

You screenshot should contain 2 timeframe charts to trade Symphonie 60-5. Because that is the method. Please include both timeframes in your next screenshot.

Thank you.

Evalautor.:nerd:
  • #9,523
  • Mar 20, 2012 1:35pm Mar 20, 2012 1:35pm
Quoting Dyekid217
The 60-5 method is great when u have the time to trade. I just can't be awake to constantly look at my charts every 5 minutes. Since I live in NY it's a pain to get up at 3am

I just trade strictly off the 1hr and am averaging close to 100 pips depending on a good day... Which is way more than we really need to trade full time. Plus I like checking my charts only every hour which allows for more sleep

So far trading strictly h1 I've had 3/4 winning days with the losing day only losing 40 pips. Winning days anywhere from 90-150 pips


Cheers!...
Dyekid217,

You can expand this method out to 1 hour and 4 hour or 1 hour and daily chart if timeframe is an issue for you. Symphonie 60-5 is just using the directional of a higher timeframe and trading the agreeing Symphonie Signals in the lower timeframe.

Evaluator.:nerd:
  • #9,524
  • Mar 20, 2012 1:52pm Mar 20, 2012 1:52pm
yeah i was just saying there's many ways to use this method.. also to everyone that has simulated this system.. how can you refresh the charts at the end of every candle? I find it repaints so often when simulating that it's not worth testing.

I'm also going to test the direction of the pivots with fxi pivots indicator tonight. I think it would be very interesting to see how price is moving compared to previous days
  • #9,525
  • Mar 20, 2012 2:00pm Mar 20, 2012 2:00pm
I want to know about your bad trades . . . did you had any i.e . . . last week? tks.
Humble & Kalcker CLO2 = Covid killer
  • #9,526
  • Mar 20, 2012 3:13pm Mar 20, 2012 3:13pm
Quoting DiotusTR
As shown in the graph between in the direction of 1 H, when I go is when it gets extreme red and enters sold, you can see where my TP and SL touches.

At the time 5 minutes giving purchase does not enter into 1H because no order.

Can you tell me what I do wrong?
You entered the trade too late, where I have the horizontal line is where I went into the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eum5.gif Size: 31 KB
  • #9,527
  • Mar 20, 2012 3:14pm Mar 20, 2012 3:14pm
Quoting yelena
i second the motion! to simplify the signaler to an arrow is genius! we'll try this tomorrow and let's see how it performs. even right now, i like it already!
Those arrows don't match my trendline at all.
  • #9,528
  • Mar 20, 2012 3:25pm Mar 20, 2012 3:25pm
Quoting b-rock
Okaaay, was busy for a bit...

Anyways, here's my chart.
I did have positive trades, I'm pointing out that they won't be all positive, as is the case with the last trade I entered at the 1st green line...note that the matrix indicators have changed since the entry at the red bar close. Right after entry is when the market shot north. I don't think it was a positive trade for any amount of time. Negative immediately.
It just goes to show that the 30-5 trendline is not always safer than the 20-5 as you can see from the image (the trendline on the chart is the non repaint version) it stayed blue and didn't go red.
Attached Image (click to enlarge)
Click to Enlarge Name: eum5(2).gif Size: 31 KB
  • #9,529
  • Mar 20, 2012 3:54pm Mar 20, 2012 3:54pm
Here is the MTF arrow version.

It becomes dots in the chart for IMHO better visual HUD. see picture below.

a higher Arrow is only confirmed if candle closes. in this example a full hour past by.

attached is the arrow indi and the MTF version. u need both to work correctly.
it has sound and email alerts included.

Cheers

Mediator
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd20-03-2012mtf_arrow.gif Size: 21 KB
Attached File(s)
File Type: ex4 arrow.ex4   9 KB | 873 downloads
File Type: mq4 #MTF Arrow.mq4   3 KB | 1,048 downloads
  • #9,530
  • Mar 20, 2012 4:07pm Mar 20, 2012 4:07pm
So is the yellow and red lines the higher timeframe arrow?
  • #9,531
  • Mar 20, 2012 4:10pm Mar 20, 2012 4:10pm
Quoting Dyekid217
So is the yellow and red lines the higher timeframe arrow?
yes, it is. and the dots the 5m arrows (!).
  • #9,532
  • Edited 5:05pm Mar 20, 2012 4:30pm | Edited 5:05pm
ok the only way both the dots and lines worked for me was to put two MTF arrow indis on the chart and set one tf to 0 and one to 60.


EDIT: ok cool this MTF arrow seems to be quite helpful.. I am going to revisit the 5m method if I can stay up in the morning lol.. on a demo for atleast 2 weeks though.. I'll set tp's and SL's based on swing highs/lows on the 5m rather than the 1hr.. Now I wont have to keep flipping back and forth between tf's to check the 1hr arrow


I think I know what I've been doing wrong as well when getting into a late trade.. starting 2 hours before london I'll check charts until I see a closed arrow.. I've noticed we get atleast 1-2.. sometimes 3 on a ranging day. then I'll take every 5m arrow in the same direction.. we'll see if I can bank more pips on this rather than the 1hr
  • #9,533
  • Edited 5:25pm Mar 20, 2012 5:11pm | Edited 5:25pm
Quoting yelena
since you wont post your chart, il show you mine. on the H1 chart 6:00am (GMT+2) was the last H1 sell alert. now, on the M5 chart if you took every M5 sell signal (60-5) and even aimed just 10 pips, with SL 50, for EU alone (the recommended currency pair) that's already 40 pips. no reason to go home negative.
Don't forget yelena that as far as I know, Eval uses the 30,5 trendline and that didn't signal at that time, it signalled a sell much later and the point of the 60-5 is to wait for the H1 to signal.

Also in the pip count you have just done, you would need to wait until the 6am candle closed, making it 7am so the 6.40 am trade wouldn't have happened, making it 30 pips if you took 10 on each if we are going to backtest this as accurately as possible, then it needs to be done properly.
  • #9,534
  • Edited 5:37pm Mar 20, 2012 5:23pm | Edited 5:37pm
I have converted symphonie matrix to arrow matrix so we can see when arrow (confirmed-bar close) was at different time frame. I will try to explain how to use:
you can watch arrow direction in 4 different time frame
what is important to understand is next:
If you load arrow-matrix in 5min chart and if in indicator TF1 (1min) you see blue or red dot 5 bar back from current bar that mean that confirmed arrow was 5 bar back in 1min chart not 5bar back in 5minute chart.
You need both indicator in indicator file
Attached Image (click to enlarge)
Click to Enlarge Name: arrow-matrix.gif Size: 32 KB
Attached File(s)
File Type: mq4 arrow_email.mq4   5 KB | 680 downloads
File Type: ex4 Arrow_matrix.ex4   11 KB | 770 downloads
pro4ex trading suite
  • #9,535
  • Mar 20, 2012 5:31pm Mar 20, 2012 5:31pm
Quoting Evaluator
b-rock,

It is very many important to post a screenshot to help analysis what the conditions were at the time of your loss trade. Next time this happen please post a screenshot. ''a picture is worth 1000 words''

Evaluator.:nerd:
I Eval, thanks I put it up, just got busy after I had written the previous post...but it did get up minutes later.

  • #9,536
  • Mar 20, 2012 5:31pm Mar 20, 2012 5:31pm
Quoting tehnobyte
I have converted symphonie matrix to arrow matrix so we can see when arrow (confirmed-bar close) was at different time frame. I will try to explain how to use:
you can watch arrow direction in 4 different time frame
what is important to understand is next:
If you load arrow-matrix in 5min chart and if in indicator TF1 (1min) you see blue or red dot 5 bar back from current bar that mean that confirmed arrow was 5 bar back in 1min chart not 5bar back in 5minute chart.
You need both indicator in indicator file
I'm just trying to understand how this arrow can be the same as the extreme plus the trendline at 20,5 when it doesn't match my chart at all?
  • #9,537
  • Mar 20, 2012 5:50pm Mar 20, 2012 5:50pm
Quoting ohammond
I'm just trying to understand how this arrow can be the same as the extreme plus the trendline at 20,5 when it doesn't match my chart at all?
I have said arrow signal are the same if not better then symphonie matrix signal with setting (20,5and 1,3,2) see yelow line and matrix, and you now that the matrix repaint so the best is to watch live not history
The matrix use old repainting trendline and in this chart is new nrp trendline that make also diference.
Attached Image (click to enlarge)
Click to Enlarge Name: arrow and matrix.jpg Size: 148 KB
pro4ex trading suite
  • #9,538
  • Edited 9:14pm Mar 20, 2012 5:52pm | Edited 9:14pm
In doing some analysis today something on the daily chart has jumped out of the screen and hit me on the nose......First we notice that the price action of the EURUSD hit the top of the DownChannel back in 17 Feb and was rejected. Now it appears to be coming back to this channel top and stalling.

Could this be the right shoulder of a forming Head and Shoulders pattern in the EURUSD?? Could we be looking at a repeat of the messy reversal form this past November??? Repetitive patterns are most common in currency markets and once a pattern is established the market for some crazy reason tends to repeat it over and over again until the overall driving trend is broken only to form a new repetitive pattern in the new trend. I have no idea what this happens but it does.

So, the real question is are we looking at the EURUSD to head lower soon? If so, the channel bottom is at 1.2000 and we could be reaching a very profitable strategic longterm trade moment soon for a market reversal movement of over 800 pips in one direction. (looking at a 6 month trader or longer) Looks like a daily Symphonie Signal to sell maybe very profitable!!!!

Just some food for thought.

Evaluator.:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Screenshot 211.jpg Size: 127 KB
  • #9,539
  • Mar 20, 2012 5:53pm Mar 20, 2012 5:53pm
Quoting ohammond
I'm just trying to understand how this arrow can be the same as the extreme plus the trendline at 20,5 when it doesn't match my chart at all?
Trying to figure out that out as well. The arrow idea seems a complete
different system on it's own. It's basically the John Campbell 450 v2
in different time frames.
Use the arrows on a 1 hour chart and trade the arrows on the 5 min in
the direction of the 1 hour. Basically a "Yelena" based on arrows only.
Nothing to do with the Symphonie anymore.

Also BBand stop concept is an arrow concept which can be adjusted to ones
stop loss pain threshold.

Anyway seems there are lots of ideas but drifting away from the original
Symphonie.
  • #9,540
  • Mar 20, 2012 5:58pm Mar 20, 2012 5:58pm
Quoting tehnobyte
For that purpose i ask for mtf arrow ,but(there is allways but) mtf arrow will repaint . I will like to see early entry when 1h MTF and 5min give a signal on 5min chart !
++++++++++++++++++++++++++++++++

This is a pretty good site for indies, not just for mt4, but for most major charts: http://www.greattradingsystems.com/f...-4-indicators/

Did see grips of mtf indies but none said Arrow. I'm sure someone can discover the next cool add on here.

Good Hunting,
Darryl
5 traders viewing now