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Symphonie Trader System

  • #10,461
  • Apr 3, 2012 11:17am Apr 3, 2012 11:17am
Hello Everyone,

I just finished reading over the last week the last 175 pages of the thread and got to pick up what I think suits best for me. I'm about to begin my first trading session (bad time I know, I'll go with NY open from the beggining tommorow )

What I'm taking for trading the 60-5 method but with M15 instead (not so much screentime available =P) is:

- Arrow
- 5MA
- FXI Pivots
- Symph Autorefresh
- Stochastic 11,3,3 as per RJ's method as an additional filter

And for the 60-5 Method I'm using the great H1 matrix
- Symphonie v3.0 ES (H1)
and Symphonie v3.0.1 (M15)

I'm pretty excited about the faith that the regular contributors of this thread have in this system. Just like most of us, I have too hopped from system to system but haven't found one that really suits me. From reading the thread I beleive this could be the one that finally fits my personality and my time availability/schedule/timezone, etc... so I'll be sticking around here until I dominate this system.

For anyone who's interested in a total Symph Newb's quest for success, you can follow my demo trades here...

http://www.myfxbook.com/members/acos...l-symph/279170

I'll be monitoring several charts from beginning of NY (Cant trade london open because I live in Peru =P) until it's close... I'll still be watching the charts after that but only enter the market if I see good opportunities or trends.

Now regarding the system I have a couple of doubts that I wasn't able to sort out by reading the thread:

1- Is my Stochastic Indy looking correct? From the screenshots I've seen it looks like mine are way "flatter" and should be hopping more from top to bottom. I'm using the MT4 version. Is everyone using some other version?

2- I noticed some people requested the old Sentiment indy and I can see why (look at screenshot... the old one (to the right) sent a short signal way before so I can see what they mean =P) It's logical then that the new sentiment will be more "conservative" as the other will be more aggresive but I still want to know, Are the experienced symph traders sticking to the old one or switching to the new one?


3- One final thing. I really like the alerts of the Symphonie Matrix 3.0.1 as I don't have to stick my face in front of the screen all the time, but I wander if there's a similar alert for when we get an opposite spike either in the higher or shorter TF (not a complete opposite signal, just the spike) so we can monitor and plan exits more carefully!

4- I like the FXI Pivots for setting targets TP1, TP2, etc as many people are doing, but I've seen in some screenshots that some people are using another different indy for Support and Resistance. Could it be possible for someone to post it here? =P

I'll be posting some of my trades to see if I'm applying the system correctly

Best regards from Peru


Diego
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  • #10,462
  • Apr 3, 2012 11:25am Apr 3, 2012 11:25am
good luke... else "more food for the cannon"

Quoting acostafulano
Hello Everyone,

I just finished reading over the last week the last 175 pages of the thread and got to pick up what I think suits best for me. I'm about to begin my first trading session (bad time I know, I'll go with NY open from the beggining tommorow )

What I'm taking for trading the 60-5 method but with M15 instead (not so much screentime available =P) is:

- Arrow
- 5MA
- FXI Pivots
- Symph Autorefresh
- Stochastic 11,3,3 as per RJ's method as an additional filter

And for the 60-5 Method I'm using the great H1 matrix
- Symphonie v3.0...
  • #10,463
  • Apr 3, 2012 11:52am Apr 3, 2012 11:52am
Dear friend, i think you donīt need to speak in this way.
Because for say this kind of thing is better you or someone put the thread in "PRIVATE".

this STF is nice but let me tell you one think, "he" donīt do nothing that a "good" two MA more few good indicatores donīt make.

I say this because i already tested in H1 timeframe, and this only work well when the market trend well, but didnīt work well any system when market trend ?

I know that i will see a "faithful" followers hit me on the "head" but i donīt like this kind of arrogance.
moreover we all know, at least those who walk on it some years, the best system is the one we do, taking what is good we get to know in each system.


Quoting realjumper
And you can back this up how exactly?

People who are going to evolve into good and competent traders are clear thinking, inquisitive, investigative go getters. People who wish to be spoon fed everything, instead of sitting back with a coffee for a week reading the thread, deserve all they get in my opinion. ALL THE INFORMATION that is required is in these pages. Why, do some people want to be spoon fed and ask the same question that has been asked and answered many, many times, instead of spending just one single week out of their lives to read,...
  • #10,464
  • Apr 3, 2012 12:25pm Apr 3, 2012 12:25pm
I've gotten a few early signals that cost me, so I played around and included a moving average with a shift of -18 toward the left along with a MA of 5 and 12

The image I've attached shows that the signal was given a few candles early. All lined up with blue which I drew a gold line. If I waited until MA -18 crossed over with 5 and 12, it was a better entry.
Attached Image (click to enlarge)
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  • #10,465
  • Apr 3, 2012 12:36pm Apr 3, 2012 12:36pm
Quoting Dyekid217
can anyone tell me what I'm doiing wrong here?? I'm taking perfect 60-5 entries but they dont come to mature. By the time the 1hr extreme signal shows opposite im already negative by a good amount

ive been experiencing this non-stop trading the 60-5 method
on #10428 you asked eval how to exit using TVI. he suggested "at the first change of color opposite your position."

toady was my first time to trade NZD. and i don't quite know it so i tested the waters.

the H1 sell signal was at the close of the 8:00 am bar, technically 9:00 (now repainted). the first M5 sell signal was at the close of the 10:00 bar and i exited at color change in M5 at 11 pips. then re-entered at the close of 13:00 bar and exited at a 10 pip loss due to change in TVI color and did not re-enter again.

true that the 2 re-entry signals were at the bottom of the price posing to reach S1. but applying the change in color of the TVI mitigates the losses to 10-15 pips instead of the swing hi/lo prices. TVi color change has its pros and cons. but if your re-entries were caught at the bottom or top of the prices, TVI will help you exit better keeping losses at bay.

hope this helps.
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  • #10,466
  • Apr 3, 2012 1:10pm Apr 3, 2012 1:10pm
Massively HAWKISCH position taken by the USA Federal Reserve and NO QE3 in the forseeable future 2012 puts the force back into the USD bulls. This also pushes price action on EURUSD back out of upchannel and brings back into focus the expanding triangle bottom at 1.27000. (see post #10453)

Evaluator.:nerd:

93 pip drop in 15 min!!!!! (note when Symphonie called to sell the EURUSD)
Attached Image
  • #10,467
  • Apr 3, 2012 1:13pm Apr 3, 2012 1:13pm
Quoting evaluator
massively hawkisch position taken by the usa federal reserve and no qe3 in the forseeable future 2012 puts the force back into the usd bulls. This also pushes price action on eurusd back out of upchannel and brings back into focus the expanding triangle bottom at 1.27000. (see post #10453)

Go dollar go! Go dollar go!!!!!
  • #10,468
  • Apr 3, 2012 1:22pm Apr 3, 2012 1:22pm
Quoting Evaluator
Massively HAWKISCH position taken by the USA Federal Reserve and NO QE3 in the forseeable future 2012 puts the force back into the USD bulls. This also pushes price action on EURUSD back out of upchannel and brings back into focus the expanding triangle bottom at 1.27000. (see post #10453)

Evaluator.:nerd:

93 pip drop in 15 min!!!!! (note when Symphonie called to sell the EURUSD)

  • #10,469
  • Apr 3, 2012 1:24pm Apr 3, 2012 1:24pm
Quoting Dyekid217
can anyone tell me what I'm doiing wrong here?? I'm taking perfect 60-5 entries but they dont come to mature. By the time the 1hr extreme signal shows opposite im already negative by a good amount

ive been experiencing this non-stop trading the 60-5 method

Dyekid,

I suggest you read my post #2449 (found on post #1 in tips section) about alternate entry strategies on Symphonie Signals. Keeps you out of whipsaws and let you take entries that are in the trend not on a pullback. Remember there is alot more on post#1 than you may realize.

Evaluator.

P.S. That is how I played it on the hourly and I have a sell at 1.33075...curent price on eurusd 1.32500.
  • #10,470
  • Apr 3, 2012 1:24pm Apr 3, 2012 1:24pm
Quoting Evaluator
Massively HAWKISCH position taken by the USA Federal Reserve and NO QE3 in the forseeable future 2012 puts the force back into the USD bulls. This also pushes price action on EURUSD back out of upchannel and brings back into focus the expanding triangle bottom at 1.27000. (see post #10453)

Evaluator.:nerd:

93 pip drop in 15 min!!!!! (note when Symphonie called to sell the EURUSD)
nice drop Evaluator,,, my bad i set small stop loss just above the pivot price hit it and now train is left without me.... but my boat is floating on aussie
  • #10,471
  • Apr 3, 2012 1:26pm Apr 3, 2012 1:26pm
Quoting Evaluator
Dyekid,

I suggest you read my post #2449 about alternate entry strategies on Symphonie Signals. Keeps you out of whipsaws and let you take entries that are in the trend not on a pullback. Remember there is alot more on post#1 than you may realize.

Evaluator.

P.S. That is how I played it on the hourly and I have a sell at 1.33075...curent price on eurusd 1.32500.
You were faster on the trigger Eval. You got me beat. I'm in at 1.33069. Hope we're on our way to 1.27. I'm holding you to it.
  • #10,472
  • Apr 3, 2012 1:30pm Apr 3, 2012 1:30pm
Quoting FXSwissTrader
You were faster on the trigger Eval. You got me beat. I'm in at 1.33069. Hope we're on our way to 1.27. I'm holding you to it.

This should break real hard to the downside once 1.32000 is broken. There are alot of bulls with stoplosses at that level. (it is also a psycological breaklevel)
  • #10,473
  • Apr 3, 2012 1:30pm Apr 3, 2012 1:30pm
Quoting Evaluator
Dyekid,

I suggest you read my post #2449 (found on post #1 in tips section) about alternate entry strategies on Symphonie Signals. Keeps you out of whipsaws and let you take entries that are in the trend not on a pullback. Remember there is alot more on post#1 than you may realize.

Evaluator.

P.S. That is how I played it on the hourly and I have a sell at 1.33075...curent price on eurusd 1.32500.
pullback entry rule could also saved me
Attached Image (click to enlarge)
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  • #10,474
  • Edited 1:43pm Apr 3, 2012 1:33pm | Edited 1:43pm
Quoting Evaluator
This should break real hard to the downside once 1.32000 is broken. There are alot of bulls with stoplosses at that level. (it is also a psycological breaklevel)
EURO=Back it up! Back it up! Back it up! Back it up, yo!

http://youtu.be/9osbpEHvQVE
  • #10,475
  • Apr 3, 2012 1:34pm Apr 3, 2012 1:34pm
Quoting Evaluator
Massively HAWKISCH position taken by the USA Federal Reserve and NO QE3 in the forseeable future 2012 puts the force back into the USD bulls. This also pushes price action on EURUSD back out of upchannel and brings back into focus the expanding triangle bottom at 1.27000. (see post #10453)

Evaluator.:nerd:

93 pip drop in 15 min!!!!! (note when Symphonie called to sell the EURUSD)

the staying up late paid off! but i positioned in M5 and waited for the bar to close and i have just exited the ff:

GU 5936 to 5903
EU 3287 to 3227
EJ 109.53 to 109.74
AU 0324 to 0309

13.9% growth in 28mins! hooray symphonie
  • #10,476
  • Apr 3, 2012 1:37pm Apr 3, 2012 1:37pm
For all you Gold Traders....GOLD takes a 40 dollar dump!!!!
Attached Image
  • #10,477
  • Apr 3, 2012 1:58pm Apr 3, 2012 1:58pm
Quoting Evaluator
For all you Gold Traders....GOLD takes a 40 dollar dump!!!!
And I was drinking tea in this time,DAMMMM...
  • #10,478
  • Apr 3, 2012 1:58pm Apr 3, 2012 1:58pm
Hey Eval, I've been following this thread for a bit and getting a feel for the Symphonie v3.0 indicators on my MT4. So far the system looks great. Keep up the good work.

I've been trying to get a feel for exactly what the Emotion, Sentiment, Extreme and Trend indicators do, i.e. how do they interpret the parameters and what exactly their internal function is--but I'm not much of a coder so looking at the code has been a bit difficult. Forgive me if it's been posted anywhere in the thread, but would you or anybody else mind explaining exactly what each indicator does? Just so that I don't feel like I'm trading a system based on colors but actually understand what is going on. Thanks.
  • #10,479
  • Apr 3, 2012 2:03pm Apr 3, 2012 2:03pm
I know....the hourly candlestick still has 11 seconds left. But I think I am safe in calling this a upchannel Trendline Break..... 120pip drop in 1 hour with NO WICK!

Evaluator.:nerd:
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  • #10,480
  • Apr 3, 2012 2:06pm Apr 3, 2012 2:06pm
Quoting Evaluator
This should break real hard to the downside once 1.32000 is broken. There are alot of bulls with stoplosses at that level. (it is also a psycological breaklevel)

Eval. How long are you riding this? Are you holding on with a trailing stop?
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