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Symphonie Trader System

  • #13,081
  • May 30, 2012 10:17am May 30, 2012 10:17am
Quoting realjumper
EJ M5

Unfortunately I was busy and couldn't take this trade.....but it was good for not less than 60 pips and counting......
Hi RJ

Would you have taken the long setup just before the short one? If no, could you tell why?

Thanks
Vicky
Fall seven times, stand up Eight! #GGMU
  • #13,082
  • May 30, 2012 11:05am May 30, 2012 11:05am
Quoting yelena
here you go.
Большое спасибо
  • #13,083
  • May 30, 2012 11:21am May 30, 2012 11:21am
... также благодаря

Quoting yelena
here you go.
  • #13,084
  • May 30, 2012 11:38am May 30, 2012 11:38am
Quoting yelena
and GU got hit too... all trades closed. maturation 1.5hours

total haul: 277 pips.

green pips to you all and remember to take only high probability trades!
Hello Ylenia.
Get posiziopne when all 4 have the arrow on the same side and close simultaneously when a candle in the same direction?

Hello and thanks
  • #13,085
  • May 30, 2012 1:34pm May 30, 2012 1:34pm
Hi all

Is the setup shown in the pic below correct as per the rules of this system?



Thanks
Vicky
Attached Image (click to enlarge)
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Fall seven times, stand up Eight! #GGMU
  • #13,086
  • May 30, 2012 2:59pm May 30, 2012 2:59pm
Ill join:

  • #13,087
  • May 30, 2012 3:56pm May 30, 2012 3:56pm
I remember Evaluator did the signal to signal tests and he got something like 22 signals on 5 min time frame, and 3 signals on 1 hour time frame. I just back tested for 1 week and it seems im getting way more signals on the 5 min time frame (something like 1 every 2 hours). Am I missing something?
  • #13,088
  • May 30, 2012 4:11pm May 30, 2012 4:11pm
Quoting vickym
Hi all

Is the setup shown in the pic below correct as per the rules of this system?



Thanks
Vicky
Vicky, the setup looks right to me as far as Symphonie matrix and the trend indicator. It looks like you are already set at 20,5 (used by quite a few folks here) for the trend settings rather than the 50,5 from Page 1. There are a few other indicators that you'll find mentioned throughout the thread that I have found to be useful. RealJumper has made a strong case for including the Stochastic Oscillator with settings of 11,3,3 dragged right on top of the Matrix. I use colors of aqua and yellow for that to help it stand out. And the arrow.ex4 indicator included in the V3 zip on Page 1 is also a useful indicator to give you an idea of the trend. And finally, the Heiken Ashi with default settings may also be useful to you, both on the TimeFrame you trade, and at several higher time frames to keep you with the trend. The #MTF_Heiken_Ashi indicator gives you 4 time frames in a Symphonie-style display. Good trading to you.
--Cody
  • #13,089
  • May 30, 2012 4:26pm May 30, 2012 4:26pm
Quoting realjumper
I don't see any signs of a reversal yet

realjumper,

It is very possible that this can go lower.....I never said it would not. I simply said that the signs are starting to appear of a bottom maybe in place.

However, that being said today's close below 1.24 opens up a new channel as the price action has closed down outside the existing down channel that moves the next possible bottom to 1.22900. Also Stochastics re fell below the 20 level after touching and when Stochastics is below 20 or above 80 anything can happen in those areas as you well know.

So at this point anything can happen to the downside....we could have a blow out to the downside where the EURUSD just drops off a cliff and pushes to the mai 2010 low of 1.18 before any retracement or some catalyst could happen that sends the EURUSD into a rocket rally or it could slowly and painfully whipsaw slowly downward or worse...sideways.....but only the markt knows.

All analysis is just an educated gamble at what will happen and nothing is for certain. The whole point on my post is that there are aids to help you best guage the market conditions and as you said....red for sell and blue for buy with no analysis is not necessarily the best way to trade.

However, with some basic markt knowledge and Symphonie to help one along you improve your chances of being on the winning side of a trade dramatically. (as I know you know but I restate for the public)

Evaluator.:nerd:
Attached Image (click to enlarge)
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  • #13,090
  • May 30, 2012 4:31pm May 30, 2012 4:31pm
Quoting Thunder123
I remember Evaluator did the signal to signal tests and he got something like 22 signals on 5 min time frame, and 3 signals on 1 hour time frame. I just back tested for 1 week and it seems im getting way more signals on the 5 min time frame (something like 1 every 2 hours). Am I missing something?

It is called markt change....the markt is unpredictable and it is very possible you will have more signals than way back when I did my test long ago....the point is the results and were there more profitable than unprofitable trades...that is the point. The number of trades does not really matter it is are they good trades versus bad ones.

Evaluator.:nerd:
  • #13,091
  • May 30, 2012 6:09pm May 30, 2012 6:09pm
Quoting Evaluator
realjumper,

It is very possible that this can go lower.....I never said it would not. I simply said that the signs are starting to appear of a bottom maybe in place.

However, that being said today's close below 1.24 opens up a new channel as the price action has closed down outside the existing down channel that moves the next possible bottom to 1.22900. Also Stochastics re fell below the 20 level after touching and when Stochastics is below 20 or above 80 anything can happen in those areas as you well know.

So at this point...
Yes I know......and you are correct.....it can go either way. What I'm saying is that I do not see any signs starting to appear of a bottom or a reversal......as per the charts i posted here.

You need to look at the daily at least for any tell-tale signs of a bottom or reversal and I simply do not see anything that could indicate a possible bottom or reversal.....the H1 won't show anything useful in the way of a forming bottom unless you zoom out a long way.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,092
  • May 30, 2012 6:30pm May 30, 2012 6:30pm
Quoting vickym
Hi RJ

Would you have taken the long setup just before the short one? If no, could you tell why?

Thanks
Vicky
Hi Vicky

If you mean the one I have marked with the yellow line......then no, that is not a high probability trade for me for a couple of reasons.

Firstly, that little opportunity occurred during the the Frankie hour......Frankfurt opens 1 hour before London and it can very often do strange things. If the PA had have taken off north quite violently, I would have probably jumped in for a few quick pips and got out again before London opens. When such a violent swing occurs during Frankie hour, often London will reverse it.....not always, but often. For that reason, I regard any Frankie hour trades as pure opportunistic scalps, rather than genuine position trades.

Secondly, the bear run on the EJ pair is pretty strong, so I need to see an equally strong case before I'm going to go against the trend. I will take good counter-trend-trades, but they have to be very good looking opportunities because, generally speaking, counter-trend-trades are not high probability trades. Better to let any counter trend moves go and then catch the trend when it resumes.....unless the counter trend move is a particularly good one......which brings me to the third point......

Thirdly, see the tiny little candles? They are not indicative of strength. See the candles in the trade I took?......decent sized candles. With HA candles, the bigger the candle, the more power behind it.

Lastly......if you had have taken that long, which, just going by the Symphonie rules was a genuine opportunity, you could have got out of the trade possibly at break even or with a little negative pip count, so the damage to the account wouldn't have been too bad.

Hope this helps.
Attached Image (click to enlarge)
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,093
  • May 30, 2012 8:00pm May 30, 2012 8:00pm
This is probably a redundant question but I couldn't seem to find the answer in the thread using the search function. What is the difference between the 3.0 and 3.0.1 and the further distinction between 3.0.1 and 3.0.1 (old sentiment)??

Noob question I know!
  • #13,094
  • May 30, 2012 8:18pm May 30, 2012 8:18pm
Quoting geneticsjms
This is probably a redundant question but I couldn't seem to find the answer in the thread using the search function. What is the difference between the 3.0 and 3.0.1 and the further distinction between 3.0.1 and 3.0.1 (old sentiment)??

Noob question I know!
Probably ohammond is the best person to answer that question when she comes online later on. I have no idea because what I use is fine so I don't bother trying out all the various upgrades.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,095
  • May 30, 2012 8:39pm May 30, 2012 8:39pm
Quoting Evaluator
It is called markt change....the markt is unpredictable and it is very possible you will have more signals than way back when I did my test long ago....the point is the results and were there more profitable than unprofitable trades...that is the point. The number of trades does not really matter it is are they good trades versus bad ones.

Evaluator.:nerd:
I see... I thought you might be using additional rules, guess not. Do you still think there is potential for an EA?

I'm thinking of trying to make one to learn the Mt4 programming language.

Based on my tests signal to signal on 5 min gave way too many wipsaws, perhaps 15 min will work better.
  • #13,096
  • May 30, 2012 11:29pm May 30, 2012 11:29pm
Quoting geneticsjms
This is probably a redundant question but I couldn't seem to find the answer in the thread using the search function. What is the difference between the 3.0 and 3.0.1 and the further distinction between 3.0.1 and 3.0.1 (old sentiment)??

Noob question I know!
Version 3.0 had another version of the sentiment indicator in it that someone made, less likely to repaint but unfortunately, that in turn made the signal way too late, the move was nearly over before the signal happened, not sure about 3.01 but the 3.01(old sentiment) went back to our original sentiment indicator which although repaints was all in all a better and earlier signal. 3.01 (old sentiment) is the same as the matrix version that RJ uses, just named differently.
  • #13,097
  • May 31, 2012 1:17am May 31, 2012 1:17am
Quoting yelena
either this will be +80 or a -80 to start off the day. i hope they all reach TP first before SL. maturity : 12 hours
Hi Yelena,

Im confused.
Your trading just off the M15, not looking at any higher TF?


I don't see Symphonie on your chart so, can only speculate looking at mine.

Thanks

SR
  • #13,098
  • May 31, 2012 1:47am May 31, 2012 1:47am
Quoting yelena
i look at H1 for candle health. i use sma60 too in M5. but when m15 signals in the same direction, then christmas is just around the corner

these are generally counter trend trades.

when targets are so near and yet so far say you'll be mine 80 pips!
Yelena,
You must have a Christmas every day lol! Well done for being consistent
.... laughing all the way to the bank
  • #13,099
  • May 31, 2012 1:55am May 31, 2012 1:55am
Quoting yelena
may 1st i was -80 pips
may 14th i was -160 pips
using this method

but i trade the 5 pips still at 5% per trade using sma60 in m5, so never a red day .... yet.....

you took my love, so i'd just be busy making money.
LOL.
Well I paid in yogurts so we are even.
.... laughing all the way to the bank
  • #13,100
  • May 31, 2012 1:58am May 31, 2012 1:58am
I've had less bad trades this week so hopefully I'll stay in the black. Will post some charts when I take a trade.
.... laughing all the way to the bank
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