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Symphonie Trader System

  • #9,741
  • Mar 22, 2012 9:15am Mar 22, 2012 9:15am
Quoting yelena
@LazyPawn i removed the $ coz you might think im boasting( if its not bad enough). this is the 3rd account born from the profit of the 2nd, which was born from the profit of the 1st. with all humility. with losses alright, check drawdown.

yelena,

Very Impressive Yelena! COngratulations!!!!!!!!!!

Evaluator.:nerd:
  • #9,742
  • Mar 22, 2012 9:15am Mar 22, 2012 9:15am
[quote=peterporter;5499515]Hi Jjasper

you can use global variables ... Just look up GlobalVariableSet() to get started...

thank you peter - that seems like what i need, will try it
  • #9,743
  • Mar 22, 2012 9:16am Mar 22, 2012 9:16am
Quoting Evaluator
Therefore, 100 pips a day is extremely possible with no loss...
Of course, 100 pips a day is perfectly possible trading multiple pairs. Even 200, or 300. But not every day! Every system has 'bad' days, no matter how logical or how much you tweak it. That's why no holy grail exists in trading. What is missing here is veterans posting such days or at least trades. Even when the market is in a very tight range, even when it goes only one way, even when it has stupid spikes in both directions ... we still get the same people reporting the same 100 pips. Or simply keeping quiet. I won't say anything more on this topic because some people might think that I try to be negative (when in fact I want exactly the opposite, more honesty to get more followers). I'm out.

PS Yelena, congratulations. Well done.
  • #9,744
  • Edited 9:59am Mar 22, 2012 9:18am | Edited 9:59am
Quoting Matrix8756
What I ask is that at the time indicates the trade, at least on my PC on the H1 chart did not see all the red marks and 4, but only 3 are not extreme
easy steps:
1.have you considered using the signaler 1.7? i know its busy on the eyes. but when a trade is valid it provides the trader recommended SL and TP's . it even leaves a mark on the bar that spawned the signal. so you dont have to keep guessing whether to enter or not.

2.also, the matrices/signalers have pop up boxes that appears and tells the traders to sell or buy. before taking it, just ensure that it is in the direction of H1.

why are you doing it manually? where the matrices and signalers are can be found in post #1. it has links of post numbers.

please dont ask me what is the direction of H1, load Rj's template to visually assist you where the trend is going/ranging.
  • #9,745
  • Edited 9:39am Mar 22, 2012 9:23am | Edited 9:39am
Quoting LazyPawn
Of course, 100 pips a day is perfectly possible trading multiple pairs. Even 200, or 300. But not every day! Every system has 'bad' days, no matter how logical or how much you tweak it. That's why no holy grail exists in trading. What is missing here is veterans posting such days or at least trades. Even when the market is in a very tight range, even when it goes only one way, even when it has stupid spikes in both directions ... we still get the same people reporting the same 100 pips. Or simply keeping quiet. I won't say anymore on this topic...

LazyPawn,

Obviously you have not read though the thread because I have posted extensively about my bad trades and bad weeks and I consider myself a veterans; don't I count???? Then when you look a the week in total Symphonie has helped my to remain flat for the week and not at a loss so when the market picks back up again I am not in a position to have to recover huge losses from bad trades....

I am a firm believer in tight stoplosses and religious in my use of the Account Balance Protection Rule and ARS for one simple purpose....protecting your account and growing it.....at proper risk ratios when when you do incur a loss you can easily recover from it. I guarranttee you that everyone that post successful results have had bad trades but I can also assure you that if that are truely following Symphonie their losses are so much lower that their consistant wins one can really not see the losses because they look like just a flat time of trading because ARS was being used and their losses were minimized by the Rules of Symphonie.

Evaluator.:nerd:

P.S. I forgot to memtion you said you trade higher timeframes....Symphonie works in any timeframe and any pair.
  • #9,746
  • Mar 22, 2012 9:23am Mar 22, 2012 9:23am
Quoting yelena
easy steps:
1.have you considered using the signaler 1.7? i know its busy on the eyes. but when a trade is valid it provides the trader recommended SL and TP's . it even leaves a mark on the bar that spawned the signal. so you dont have to keep guessing whether to enter or not.

2.also, the matrices/signalers have pop up boxes that appears and tells the traders to sell or buy. before taking it, just ensure that it is in the direction of H1.

why are you doing it manually? where the matrices and signalers are can be found in post #1. it has...
not sure if you saw my post yelena.. but how did you get the signaler to show the arrow confirmation?? when I load your template the signaler doesnt load
  • #9,747
  • Mar 22, 2012 9:36am Mar 22, 2012 9:36am
Quoting yelena
easy steps:
1.have you considered using the signaler 1.7? i know its busy on the eyes. but when a trade is valid it provides the trader recommended SL and TP's . it even leaves a mark on the bar that spawned the signal. so you dont have to keep guessing whether to enter or not.

2.also, the matrices/signalers have pop up boxes that appears and tells the traders to sell or buy. before taking it, just ensure that it is in the direction of H1.

why are you doing it manually? where the matrices and signalers are can be found in post #1. it has...
Ylenia quiet do not ask how to read the direction of H1 (God forbid).
I get very angry with myself because with all the attention that I place, and believe me I am a 50 year old man with 9 of trading with ups and downs, I know what it means to trade.

Thanks again and congratulations again.

Hello

Giancarlo
  • #9,748
  • Edited Mar 23, 2012 7:36am Mar 22, 2012 9:48am | Edited Mar 23, 2012 7:36am
Quoting Dyekid217
hi yelena.. I loaded your template as I'm revisiting the 5m method.

But when I load the template the signaler doesnt load?? also how do you get the arrow confirmation on the 1.9? doesnt seem like the default offers it

also is there a post/document where you explain your entire method? I keep reading posts where you dont pay attention to 5m at all and then posts where your posting charts with the 5m so I'm kind of confused
attached is rj's template. load it in both H1 and M5. just ensure that when you take M5 orders its in the direction of H1. Or you can use 60-5, wait for H1 then enter at the M5 signal right after H1.

you can try loading expressid's arrow matrix, yes that's the second arrow. im just testing since he posted it and see if it really functions like the matrix

yes, i never looked at M5. until yesterday when i read your post that you find my SL 50 to be ridiculous as i open 4 orders at the same time. while targeting only 10 pips.technically, even if i lose all 4 orders, they are not 50pips x4 SL's coz im following ARS. so if im allowed 1 lot, then each order must be 0.25 only.

even with that, i revisited my SL. your reasoning is sound. it could cost me my account in the future. and the only way to keep my SL's at bay is to plot FE in M5 instead of H1. its tiresome alright, and the targets are even smaller than 10 pips 60% of the time. but it allows smaller floating loss. i think in ranging market the strategy will work fine based on my 27 days of backtesting. ill make it 2011 to 2012 during this weekend, and see what i find out.

my conclusions so far are:
if a position is taken using 60-5 strategy, then FE must be drawn in H1/ after closed 4th bar change of color
if a position is taken using M5 signals to the direction of H1 then FE's must be drawn in M5.
if counter trending then FE's must be drawn in M5.
Attached File(s)
File Type: tpl rj.tpl   29 KB | 512 downloads
  • #9,749
  • Mar 22, 2012 9:58am Mar 22, 2012 9:58am
Quoting Matrix8756
Ylenia quiet do not ask how to read the direction of H1 (God forbid).
I get very angry with myself because with all the attention that I place, and believe me I am a 50 year old man with 9 of trading with ups and downs, I know what it means to trade.
sir, i am a newbie/noob/novice/kapoot/rookie with 6 weeks live experience, 6 months demo, and 12 months simulation done in 29 days. i think google can help you better. because my answers are unorthodox, and "he" will laugh at me again if i post my answer.

your keys: patience. focus. and calmness. nothing you can resolve if you get easily frustrated.
  • #9,750
  • Mar 22, 2012 10:02am Mar 22, 2012 10:02am
Quoting yelena
attached is rj's template. load it in both H1 and M5. just ensure that when you take M5 orders its in the direction of H1. Or you can use 60-5, wait for H1 then enter at the M5 signal right after H1.

you can try loading expressid's arrow matrix, yes that's the second arrow. im just testing since he posted it and see if it really functions like the matrix

yes, i never looked at M5. until yesterday when i read your post that you find my SL 50 to be ridiculous as i open 4 orders at the same time. while targeting only 10 pips.technically,...

Ok cool.. btw do you think a 20 pip sl would do fine in 5m?? that way it's atleast a 2:1 rr instead of 5:1

your drawdown percentage is next to nothing so I would think that 20 pips would be fine
  • #9,751
  • Edited 10:28am Mar 22, 2012 10:07am | Edited 10:28am
Quoting Dyekid217
Ok cool.. btw do you think a 20 pip sl would do fine in 5m?? that way it's atleast a 2:1 rr instead of 5:1

your drawdown percentage is next to nothing so I would think that 20 pips would be fine
je ne sais pas. post #1 says 50 for SL or SL of FE drawn in H1. so for the last 6 weeks i have been operating that way which may contribute to the small DD. its possible that it looks like that because we dont have 200 pip movt of the currencies like what we used to in Q4 of 2011.

but if it was like the latter, the story maybe different.
  • #9,752
  • Mar 22, 2012 10:09am Mar 22, 2012 10:09am
Everyone needs to watch the DOW and USA markets.....DOW and S&P are breaking 6 month upchannels which points to a drop in Euro and Rise of Dollar against risk based currencies. Make sure you keep a well round view of world and market events. Very important when trading currencies.

Evaluator.:nerd:
Attached Image (click to enlarge)
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  • #9,753
  • Mar 22, 2012 10:39am Mar 22, 2012 10:39am
Quoting Evaluator
LazyPawn,Obviously you have not read though the thread because I have posted extensively about my bad trades and bad weeks and I consider myself a veterans; don't I count????
Of course you count. You invented the system! ... but I wasn't talking about you. I was referring to the other veterans. Look what I said, maybe you missed that part:

Quoting LazyPawn
In Evaluator's weekly reports I have seen some not so good weeks, and he explained why (e.g. the market was undecided or doing strange things and the account incurred some losses).
Quoting Evaluator
P.S. I forgot to memtion you said you trade higher timeframes....Symphonie works in any timeframe and any pair.
Maybe ... but not for me. I can only imagine that I wouldn't be very happy when I get several 4 hour or daily bars repainting their extreme or sentiment signals. That could be hundreds of pips from where I took a position (it looked good back then). Plus when you see that people have different readings using the same indicators, same settings, same br0ker on 2 different computers ... it is not very encouraging. It's been explained by several coders why that happens (the amount of history downloaded, the starting point for the readings, problems with refreshing etc.). For me it's too much instability especially when trading larger time frames, plus I have my own system that is doing quite well (not Yelena-well, just well enough).

Something I don't understand is why you're not using comer's indicators. He did an excellent work there. They are better written, have less repainting and you see how far they can repaint, more options, they use less memory, don't look forward etc.. He even provided a matrix for them for those who prefer that format. Have you found them less reliable, or lagging, or any other kind of problem? Maybe you posted that information and I missed it.
  • #9,754
  • Edited 11:28am Mar 22, 2012 11:07am | Edited 11:28am
Quoting LazyPawn
Something I don't understand is why you're not using comer's indicators. He did an excellent work there. They are better written, have less repainting and you see how far they can repaint, more options, they use less memory, don't look forward etc.. He even provided a matrix for them for those who prefer that format. Have you found them less reliable, or lagging, or any other kind of problem? Maybe you posted that information and I missed it.
LazyPawn;

I do not use them because I really have seen no change from the originals. You say they are more reliable. How do you know that?? You said you don't use the system.

i.e. your previous post
Quote
I do not trade this system (I prefer higher TF), so I have no direct experience, cannot comment on how well it works.
Therefore, since you do not have any knowledge of even how to use the system and have only browsed why are you telling me what indikators I should use?? Anyway, answer me this question....

So why are you trying to pick a fight? If you are only trolling then please just leave....

Look, you have your own system that you like, as you have stated, I am sincerely glad you have found what works for you. I have mine (Symphonie System) and it works for me. Maybe you should start you own thread about your system because you profile says you have only begun one thread and it is a flame thread. (Which I must admit is quite funny and I read it)

I decided I would share Symphonie and see if it helped others. I do not wish to fight and I only started this thread to help. I am selling nothing, as a matter of fact, I specifically telling people NOT to trade real money until they learn it and then only trade money once they build a successful test trial.

Why would I be so charitable? Simple....Selfish interest...the more people follow the indikators and trade at the same time I trade in the same direction the greater the price movements and the more I and the others as a collective profit. Yes I know retail traders are but a drop of water in the forex world ocean but you have to admit that the more people move in one direction the more impact it makes.

Lastly, you said;

Quote
I can only imagine that I wouldn't be very happy when I get several 4 hour or daily bars repainting their extreme or sentiment signals. That could be hundreds of pips from where I took a position
That is what stoploss useage is for to prevent huge losses and if you used the Symphonie ARS then your maximum exposure would only b 5% of your balance at any one time. So it is a balancing game with Symphonie that forces one to use/develop good money management skills. That is why I say Symphonie is a not a get rich quick system it is designed to get rich steady though trade consistancy.

Evaluator.:nerd:
  • #9,755
  • Mar 22, 2012 11:09am Mar 22, 2012 11:09am
Quoting Evaluator
Everyone needs to watch the DOW and USA markets.....DOW and S&P are breaking 6 month upchannels which points to a drop in Euro and Rise of Dollar against risk based currencies. Make sure you keep a well round view of world and market events. Very important when trading currencies.

Evaluator.:nerd:

Hi Evaluator, first like to thank you and most of the other people on this thread for the excellent system. Have been following FF for a while now, but haven't really contributed, but it's time to get involved. I'm still a noob in this forex market so I won't be able to add insightful ideas in the beginning.

Good luck with the trading
Chris
  • #9,756
  • Mar 22, 2012 11:30am Mar 22, 2012 11:30am
Quoting J316
Hi Evaluator, first like to thank you and most of the other people on this thread for the excellent system. Have been following FF for a while now, but haven't really contributed, but it's time to get involved. I'm still a noob in this forex market so I won't be able to add insightful ideas in the beginning.

Good luck with the trading
Chris

Welcome and best of luck to you!

Evaluator.:nerd:
  • #9,757
  • Mar 22, 2012 11:37am Mar 22, 2012 11:37am
@evaluator. What lazypawn said about the sentiment indicator and the other indicators issue is true. Comer solved this and is well know n and solved from another guy in steves forum. You know it too, because you read the EA thread there. I only use @comers indicators since he posted it. I could only say for my self that they are better, but could not compare it with others, because of lagging transparency.
  • #9,758
  • Mar 22, 2012 11:48am Mar 22, 2012 11:48am
Quoting Mediator
@evaluator. What lazypawn said about the sentiment indicator and the other indicators issue is true. Comer solved this and is well know n and solved from another guy in steves forum. You know it too, because you read the EA thread there. I only use @comers indicators since he posted it. I could only say for my self that they are better, but could not compare it with others, because of lagging transparency.

Mediator,

Great! I am glad you think they are better. If you like them then use them. I have no problem with people using them as they keep in line with the foundations of Symphonie. As long as people use all its parts, remember indikators are only one part of Symphonie, keeping to the rules and strategy; I think it is great. I also thank Comer for his contributions as I am sure he put alot of work into it that should be lauded by all.

I ,on the other hand, really saw no huge improvement and the 6 bar constant repaint on his revised sentiment indikator was not comfortable to me. Therefore, I do not use nor endorse their use for Symphonie. But that is a personal decision and people are free to use them if they wish and can download them from this thread and use them if they like.

As to Steve's forum....I am really not that up to date on it and was asked to make a post there explaining Symphonie which I did. But trying to keep up with more than one thread for me is to many intense and I have more profitable interest than running all over the internet updating threads. I concentrate here and the others are only sidelines. (no offense to the other websites that I have posted to by request to explain Symphonie, it is a matter of priority management)

Evaluator.:nerd:
  • #9,759
  • Mar 22, 2012 11:49am Mar 22, 2012 11:49am
Evaluator,

I am not trying to pick up a fight. I was very polite to you and to everyone else. Even if I don't trade the system I had it on my charts, I do that with most systems posted to see if I find anything with good potential. I came here with 2 ideas of common sense, both to improve your system. The first idea was that the usual posters should also present their losses, or bad days, because nobody in their right mind would believe that a system wins day in day out. The second idea was to use indicators that have better coding, do not repaint as much, have more options, and don't give different output depending on PC and amount of history. Those are exactly the things people complain about here several times each day. I see now that you wrongly consider these suggestions as an attack against your system, something that was never intended. Sorry to have caused irritation.
  • #9,760
  • Edited 12:29pm Mar 22, 2012 12:13pm | Edited 12:29pm
Quoting LazyPawn
Evaluator,

I am not trying to pick up a fight. I was very polite to you and to everyone else. Even if I don't trade the system I had it on my charts, I do that with most systems posted to see if I find anything with good potential. I came here with 2 ideas of common sense, both to improve your system. The first idea was that the usual posters should also present their losses, or bad days, because nobody in their right mind would believe that a system wins day in day out. The second idea was to use indicators that have better coding, do not repaint...
LazyPawn,

Not a problem and your comments are most welcome. I hope you take no offense to my questions and answer as they are not mean to be attacks on you. I mean them to reply directly to your points made in your posts.

Again as I stated...the other indikators are here on this post and people are free to download them and use them. I must however tell you that Comers indikators do repaint and Sentiment for example constantly repaints the last six bars. Repaints are always going to be an issue with forward looking indikators and that is something that I have never denied. But when the conditions are right and the stars align and you receive a Symphonie Signal with the proper confirmations it is usually a good idea to take the Signal and execute the order. Also, as I have said if you stick to the rules of Symphonie and its money management you will minimize your losses and prevent over extension and margin call on your account.

Symphonie will make bad calls but it is right many more times than wrong because of the simple design of how Symphonie functions. Symphonie is not designed to pin point absolute tops or bottoms. Symphonie looks to identify the tops and bottoms and catch price action movements ALWAYS on the backside of the movement where one catches the ''meat'' of a price action movement. Of course this will vary depending on your timeframe 5 min tend to be much smaller than 1 hour etc...

As to you first point second, I am going back through the thread and I do see posters talking about their bad orders and losses as well as when they decided not to trade because conditions did not look right to them even though Symphonie gave them a signal. When not to trade says alot about the trader and level of experience. So, for some I think it is possible that they may not have any ''bad'' weeks. Yelena is a great recient example. Even in my out of thread talks with her she has never had a bad trade of mention and even when she did the losses were very small and she quickly recovered them with other Symphonie trades so while she may have had a lossing trade the overall day was pip positive. I will also tell you that she is a much better trader than I because I consider myself very much an average trader....breakeven somedays or little loss but I also win more than I loose consistantly so on balance I am usually ahead of all my losses all the time.

Have I blown accounts in my forex learning....? YOU BET....I have wasted alot of money before I got it right. That is part of the reason I started this thread which was to prevent others from having to go through what I did. So it is really a learning process. But if you read closely...Yelena demo traded Symphonie first! She only live traded when she proved to herself she had consistancy in her method...she learned all the functions, movements, and how to interprete price action of Symphonie before she put one mini lot of money at risk. That is why she is successful....discipline. That is in my opinion. I wish I could be as disciplined as she is in her trading Symphonie. I told her today she is so smart she is thinking in 4d in a 3d world!

Ok...enough of my ramblings....As I said before....thank you for your comments.

Evalautor.:nerd:
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