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Symphonie Trader System

  • #12,321
  • May 8, 2012 8:46am May 8, 2012 8:46am
Quoting ohammond
I've never used the advance version in the simulator so couldn't say, which simulator is it?
hello ohammond

i am using Trade Sim V2.0 by LearnForexHome.com

tscheu
  • #12,322
  • May 8, 2012 8:47am May 8, 2012 8:47am
Quoting ohammond
I've never used the advance version in the simulator so couldn't say, which simulator is it?
Olivia, I'm just using MT4's backtest simulator(maybe he uses sth else), well, our question is, how did you handle MTF in backtesting? take 60-5 as an example, do you think it's possible to backtest it in MT4?

Thanks a lot
  • #12,323
  • May 8, 2012 8:48am May 8, 2012 8:48am
Quoting Daytrader74
My target is usually 50-100 pips
Ok cool, I'll stick to the 30 pip rule until I've become proficient methinks.

The three currencies I trade are...EUR/USD, USD/CAD and USD/JPY....

Saw a couple of setups that I just wanted advice on...didn't take them because I wasn't awake at the time but...

Signal at 07:00 on 1 hour chart (my platform is gmt+1)

http://img526.imageshack.us/img526/714/usdjpy1hr.jpg

Signal at 07:10 on 5 min chart

http://img339.imageshack.us/img339/5372/usdjpy5mins.jpg

I would have waited on the 5 minute chart for PA to cross and close under the 62 ema though and for tvi to show sell signal and so my actual entry would probably have been at the low of the 8:20 candle.

The fact that the 62 resisted PA on the 1 hour time frame acts as further confirmation that signal is good.....?

Is this correct thinking?

Mr P
  • #12,324
  • May 8, 2012 9:03am May 8, 2012 9:03am
Completely off topic but definatly worth a watch in regards to the scientific method and how the idea of proof and scientific proof works. I had to post it in response to the comments of:

"Once something is proved...it's proved!! It doesn't get 'un-proved' over time!!!"

It set the geeky science teacher off inside me..

A nice ten minute video which is a little dry but quite nice and very informative.

Inserted Video

10 mins.

Ben Goldacre doing his TED talk. Battling Bad Science.
Fun video on how to spot bad science in the media and using statistics to evaluate trials.
Inserted Video

15 mins

I'll be giving the 60-5 method a run through next week as per the rules explained and linked to in post 1. These I will post here as its a system that is completely upto date with the current version of the system being traded by OP.

If thats ok with you guys i'll post those results here for some feedback to see if anyone else here did the same etc, i won't post the results of the old system being done this week.
  • #12,325
  • May 8, 2012 9:17am May 8, 2012 9:17am
Quoting Daytrader74
Been a little bit of a slow start to the week for me only +8.14% so far!
Hi Daytrader
I see you have no losses and what looks like some large drawdowns, do you trade without a stop loss?

Just curious, you don't have to answer.

Thanks
Vandag is die dag.....
  • #12,326
  • May 8, 2012 9:49am May 8, 2012 9:49am
Quoting bedayan
Hi,

Can you please post symphonie spike and HTF indicator .
#2870 realjumper file m1.zip you can find.

tehnobyte made Symphonie Matrix Advanced1.1.ex4
#11786 Apr 26, 2012 12:47 he added.
  • #12,327
  • May 8, 2012 10:08am May 8, 2012 10:08am
Hi my friend,
sorry but i'm confuse i have version 1.1 and this is lower, which of them is the good one ?

thanks



Quoting tehnobyte
Some minor correction!
Message HTF direction is not linked to monitor time-frame anymore, so
you can monitor any time-frame but HTF direction message will be from HTF chosen for signal confirmation. example on picture:
I am monitoring TF 240(4h) but i set HTF confirmation from 60min TF
PS
How to edit old post ?
{Promotion Removed}
  • #12,328
  • May 8, 2012 10:33am May 8, 2012 10:33am
using the 30sma on the 1hr seems to filter the signals quite nicely!

Thanks again eval for the input!! only observing right now but hopefully I'll have my funds at my new broker soon.. sheesh what a pain the CFTC is
  • #12,329
  • May 8, 2012 10:44am May 8, 2012 10:44am
Quoting yelena
do you think you can learn from other people's mistakes without having to experience them yourself?

attached is my template -simpler than ever. i only grab 5-10 pips per trade and rogrammed myself to survive ranging days (like today), which happens 3-5 days each week. my jaw drops whenever the price leaves me (like yesterday). but at least there are no red days. in fact today, 80 pips and more than 15% growth in equity. no losses. my approach to the market is very mechanical. however, i switch off the system trader if there's...
Please would mind commenting on my post with screenshots earlier, just wanted to see if I was on the right lines...

Cheers!

Mr P
  • #12,330
  • May 8, 2012 11:08am May 8, 2012 11:08am
Quoting yelena
see xls sheet.

d'accord?
Sorry I meant the post where I posted screenshots of the usd jpy this morning....just wanted to see if my thought process is correct! Post 12326

Thx

Mr P
  • #12,331
  • May 8, 2012 11:27am May 8, 2012 11:27am
@ DAYTRADER 74: How many hours are you trading each day?

@YELENA: Same qustion. How many hours are you trading each day?

Thanks in advance for your answers.
Go ahead with your Style.
Greetings Zack
  • #12,332
  • May 8, 2012 11:27am May 8, 2012 11:27am
Quoting yelena

attached is my template -simpler than ever. i only grab 5-10 pips per trade
.
Hi YElena Like always you are magnificent. Please. Would ask. Could you tell me?
when and where you sure for this 5 - 10 pips per trade?

Also I see you have not Stoch.

Thank you so much.
  • #12,333
  • May 8, 2012 11:48am May 8, 2012 11:48am
Evaluator,

in post 1 you have Trendline indikator 50, 5.

which time frame are you trading, please?
i'm asking because most of people use 20,5 and you are using 50,5.

thanks


Quoting Evaluator
David Rosenberg's Take On Europe


From David Rosenberg of Gluskin Sheff


MY TAKE ON EUROPE

Europe is a mess, politically, economically, and fiscally. LTRO gave a short lifeline and at the same time bound the ties even more tightly between bank balance sheets and government bond performance. For all the backslapping, LTRO was a failure, pure and simple. Just as QE — for if QE had been a success, nobody would be looking for a third round (more like the fourth).
I...
{Promotion Removed}
  • #12,334
  • May 8, 2012 12:49pm May 8, 2012 12:49pm
Quoting mike2k
Hi my friend,
sorry but i'm confuse i have version 1.1 and this is lower, which of them is the good one ?

thanks
Use the last one, I have described exactly what is new and with the example and picture. I don't know to explain better sorry!
pro4ex trading suite
  • #12,335
  • May 8, 2012 3:16pm May 8, 2012 3:16pm
Quoting mybzi
Olivia, I'm just using MT4's backtest simulator(maybe he uses sth else), well, our question is, how did you handle MTF in backtesting? take 60-5 as an example, do you think it's possible to backtest it in MT4?

Thanks a lot
I've never actually backtested the mtf indicators because I've never traded them. I trade the M5 on its own and also H1 on its own, I never mix the two sorry.
  • #12,336
  • May 8, 2012 6:01pm May 8, 2012 6:01pm
Love this system.
First trade today, 80% accuracy for a fool like me. Very late in this one as I just woke up, love it and it works beautifully on SPI200, S&P also.
Funny money account but will trade live again in about 2 or 3 weeks as I am very confident.
A huge thank you to all who worked hard and built this.
I have never been profitable and confident in 5 years or so of trying this game.
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-V-
  • #12,337
  • May 8, 2012 6:08pm May 8, 2012 6:08pm
Quoting woolo
Completely off topic but definatly worth a watch in regards to the scientific method and how the idea of proof and scientific proof works. I had to post it in response to the comments of:

"Once something is proved...it's proved!! It doesn't get 'un-proved' over time!!!"
Because it's off topic I won't be watching it, sorry. I'm here to trade and to help others who want to trade.


Quoting woolo
I'll be giving the 60-5 method a run through next week as per the rules explained and linked to in post 1. These I will post here as its a system that is completely upto date with the current version of the system being traded by OP.

If thats ok with you guys i'll post those results here for some feedback to see if anyone else here did the same etc, i won't post the results of the old system being done this week.
I hope that you're going to be sensible and apply discretion and not blindly take signals irrespective to the time of day, news releases, market open and closes etc?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,338
  • May 8, 2012 6:42pm May 8, 2012 6:42pm
Quoting zackery
@ DAYTRADER 74: How many hours are you trading each day?

@YELENA: Same qustion. How many hours are you trading each day?

Thanks in advance for your answers.
Go ahead with your Style.
Greetings Zack
Usually 4-6 hours
  • #12,339
  • May 8, 2012 7:05pm May 8, 2012 7:05pm
Quoting hawaii5000
I would appreciate it. I have been trying to slow my stoch down (22,3,3) on my 15M signal chart - but it is still almost always in the over bought/sold area at entry time which leaves me worried that I am getting in too late. I know the stoch can stay in the <20 or >80 area for 100's of pips - but from an entry condition perspective it is not telling me much. Any help, if you get a chance, would probably help me and others who use it. Thanks
Ok......while I have a few minutes.....lets have a look at yesterdays action in the Aussie dollar. I know you trade M15, so I'll post an M15 chart and add some comments..

You can see that there is 3 trades here during the day. You can approach these trades as 3 separate trades, or, you can take 3 entries without closing any trades and really do some damage to your broker!! How you do it is up to you.

My rules of entry don't vary. I need to see:

1. 4 red lights on the Matrix in the case of a short entry
2. Stochastic coming down from oversold
3. Candle open clear of the Yellow ema
4. Arrow (I don't need to see the arrow to enter, but I want to see asap after entry or else I get concerned)
5. PA should (ideally) be under the Daily Pivot for a short entry, but this is a little flexible too.

Trade 1. All of the above conditions have been met, but lets focus on the Stochastic because that's where some confusion is creeping in lately. If you count back 7 candles from the entry and look at the stoch, you can see it is in the Overbought area (above the 80 line). At the time of entry, stoch is well on it's way down, but it is in a good position because the fall of the stoch happened while the PA stayed high......in other words, it was diverging.......ie the stoch was dropping while the price stayed high. We have a divergence (which is a good sign). So the stoch was well positioned and the trade taken.

The exit would be (assuming you want to exit and not take the chance to stay in the trade and add another trade if and when the opportunity presents itself), at the first blue of the top row of the Matrix. It's a conservative exit, but a profitable exit.

Trade 2. Very similar to Trade 1 but this time the stoch crossed over above the 80 line and started heading down before the other requirements were met. So we have a 'heads up' (thanks to the stoch) that a trade may be approaching. Sure enough, all the rest of our requirements are met, and the trade is entered.

The exit, once again, is the conservative exit using the top row of the matrix

Trade 3. Same as above.

There is a 4th trade possibility as you can see, but this is at the tail end of the USA session and the beginning of the Asian session which is a time of day when high probability trades are rare.

Hope this helps
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,340
  • May 8, 2012 7:14pm May 8, 2012 7:14pm
Our Daily pennent thingee is still hanging in there and behaving itself. Stoch is still a cause for concern for the bears though.

Be flexible.....this can still go either way
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Doing what you like is Freedom. Liking what you do is Happiness.
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