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Symphonie Trader System

  • #12,661
  • May 16, 2012 7:59am May 16, 2012 7:59am
Quoting Dyekid217
Right here

Really tired of giving back all the profits I earn and hovering around BE -_-.. 8 months of trading and only 100 bucks to show for it
You don't think that entry was a bit late?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,662
  • May 16, 2012 7:59am May 16, 2012 7:59am
Quoting Dyekid217
has anyone found a version of symphony where the sentiment doesn't repaint?? had a day that ate into most of my profits from yesterday.. Everyone looked like a perfect sell on EJ but 4 hours later all the sentiments repainted to blue

Dyekid,

If you had exit using Exit Strategy #1 you would have nice profit. How are you exiting trades?

Evaluator.:nerd:
  • #12,663
  • May 16, 2012 8:05am May 16, 2012 8:05am
I'm testing exiting on the change of a trendline color.. at the time I took the trade price had already tested the daily pivot and was on it's way down.. There was a fresh sell signal on the 1hr and it had closed. stochastics wasn't oversold either so I had figured it was in a good position for a move down in continuation with the trend. Low and behold 4 hours later all of the sentiments repainted blue..

Price was moving in the same direction as stochastics at the time as well..
Attached Image (click to enlarge)
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  • #12,664
  • May 16, 2012 8:08am May 16, 2012 8:08am
Quoting Dyekid217
I'm testing exiting on the change of a trendline color.. at the time I took the trade price had already tested the daily pivot and was on it's way down.. There was a fresh sell signal on the 1hr and it had closed. stochastics wasn't oversold either so I had figured it was in a good position for a move down in continuation with the trend. Low and behold 4 hours later all of the sentiments repainted blue..

Price was moving in the same direction as stochastics at the time as well..
That wasn't a fresh signal, it was a re-entry, your trendline had been red for a long time. A fresh signal is extreme, followed by sentiment/emotion and then trendline last usually.

For the trendline colour change to work you needed to have gone in at the start of the fresh signal which was on 11th May with your trendline setting as it is.
  • #12,665
  • May 16, 2012 8:12am May 16, 2012 8:12am
Quoting ohammond
That wasn't a fresh signal, it was a re-entry, your trendline had been red for a long time. A fresh signal is extreme, followed by sentiment/emotion and then trendline last.
I agree.....was a re=entry....not a fresh signal
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,666
  • May 16, 2012 8:16am May 16, 2012 8:16am
I guess I didn't fully understand a fresh signal.. but besides that I felt that I had enough confluence for a good trade. I just wish there wasnt so many variables...

and even if it was a good re-entry I wasnt able to tell I was wrong until I was already in the red 4 bars later when the sentiments repainted... I guess I have a long way to go... I'm just glad I havent blown my account yet in 8 months.. buut that's not why I'm trading so its pretty disheartening
  • #12,667
  • May 16, 2012 8:19am May 16, 2012 8:19am
Quoting Dyekid217
I guess I didn't fully understand a fresh signal.. but besides that I felt that I had enough confluence for a good trade. I just wish there wasnt so many variables...

and even if it was a good re-entry I wasnt able to tell I was wrong until I was already in the red 4 bars later when the sentiments repainted... I guess I have a long way to go... I'm just glad I havent blown my account yet.
To be brutally honest, I take absolutely no notice of sentiment or emotion when I go into the trade because they repaint so very far back if its a good trade they will be turn the right colour anyway, and if its a bad trade it will look like you shouldn't have gone in, so as I couldn't rely on them when I backtested I don't rely on them now.
  • #12,668
  • May 16, 2012 8:24am May 16, 2012 8:24am
maybe I should just add the atr to my charts.. now price is stalling right at r1 where my stop was just above it..
  • #12,669
  • May 16, 2012 8:28am May 16, 2012 8:28am
Here is the trade I would have taken......yes I know it was the day before......but on the day you took that trade, I don't see a high probability trade. Where I would have entered ticks all the boxes.....including the rj arrow.
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,670
  • May 16, 2012 8:30am May 16, 2012 8:30am
Quoting Dyekid217
maybe I should just add the atr to my charts.. now price is stalling right at r1 where my stop was just above it..
Its not worth hoping it will turn around, you should have an angry face for NOT going into the buy.

I have tried all different settings on H1 and 20,5 for the trendline is by far the best one to have. Then just put a couple of filters on there like not trading INTO the 50ema unless you are happy with that amount of pips and taking notice atr and you will have FAR more winners than losers.
  • #12,671
  • May 16, 2012 8:41am May 16, 2012 8:41am
Quoting ohammond
That wasn't a fresh signal, it was a re-entry, your trendline had been red for a long time. A fresh signal is extreme, followed by sentiment/emotion and then trendline last usually.

For the trendline colour change to work you needed to have gone in at the start of the fresh signal which was on 11th May with your trendline setting as it is.

i was about to ask, do u mean an arrow by saying fresh signal, but thanx for answering ..its on the bar the extreme bar.
i use 60 SMA it works great...should i use 50 ema as well?

thanx ASH
  • #12,672
  • May 16, 2012 8:43am May 16, 2012 8:43am
Quoting ohammond
Its not worth hoping it will turn around, you should have an angry face for NOT going into the buy.

I have tried all different settings on H1 and 20,5 for the trendline is by far the best one to have. Then just put a couple of filters on there like not trading INTO the 50ema unless you are happy with that amount of pips and taking notice atr and you will have FAR more winners than losers.

what is 20,5 trendline...?
  • #12,673
  • May 16, 2012 8:44am May 16, 2012 8:44am
Symphonie is saying short on eur/usd...stoch is massively oversold....so many times today I've wanted to pull the trigger on various trades only to see the stoch telling me otherwise.

Patience I guess!

Mr P
  • #12,674
  • May 16, 2012 8:46am May 16, 2012 8:46am
Quoting ash_k
i was about to ask, do u mean an arrow by saying fresh signal, but thanx for answering ..its on the bar the extreme bar.
i use 60 SMA it works great...should i use 50 ema as well?

thanx ASH
Its where there had been for instance a buy then a sell, a complete signal. A re-entry is where for instance, the trendline has stayed red but the tvi has changed to blue and then back to red.

I just use the 50 EMA on the H1.
  • #12,675
  • May 16, 2012 8:49am May 16, 2012 8:49am
Quoting ash_k
what is 20,5 trendline...?
The trendline setting in the matrix indicator.
  • #12,676
  • May 16, 2012 8:51am May 16, 2012 8:51am
Quoting Mr Pippy
Symphonie is saying short on eur/usd...stoch is massively oversold....so many times today I've wanted to pull the trigger on various trades only to see the stoch telling me otherwise.

Patience I guess!

Mr P
Patience or another currency
  • #12,677
  • May 16, 2012 8:54am May 16, 2012 8:54am
Quoting Mr Pippy
Symphonie is saying short on eur/usd...stoch is massively oversold....so many times today I've wanted to pull the trigger on various trades only to see the stoch telling me otherwise.

Patience I guess!

Mr P
EU is massively oversold in most time frames......but we can still trade the M5 as per normal.....stoch is behaving ok there. There hasn't been any great trades on EU M5 today though......much better options on AU
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,678
  • May 16, 2012 9:00am May 16, 2012 9:00am
Quoting ohammond
To be brutally honest, I take absolutely no notice of sentiment or emotion when I go into the trade because they repaint so very far back if its a good trade they will be turn the right colour anyway, and if its a bad trade it will look like you shouldn't have gone in, so as I couldn't rely on them when I backtested I don't rely on them now.
Really honest, I appreciate this.

@tehnobyte

http://www.forexfactory.com/showthre...96#post5594496

You did try to develop a non-repainted matrix version some time before, is your development still finished and are the results good?
  • #12,679
  • May 16, 2012 9:05am May 16, 2012 9:05am
Quoting ohammond
Reasons for me not shorting EJ on the re-entry and to be looking for buys. Price had tried and failed to close below the low printed earlier on, the first ATR line had been reached and more importantly bullish divergence.
Olivia,
How do you get your ATR lines so short? Mine extend right across the page.
.... laughing all the way to the bank
  • #12,680
  • May 16, 2012 9:09am May 16, 2012 9:09am
Quoting itsallover
Olivia,
How do you get your ATR lines so short? Mine extend right across the page.
They go from the start of the day to where price is now so as its the H1 I posted they are not very long.
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