@Krypty, Kennyforex
Thanks ! Trade well.
Thanks ! Trade well.
Yet another set of Symphonie Indicators
Hi Fable
Hope your trading is going well. Someone asked for an ADR histogram in the dashboard and well, here it is. You can switch it off if you do not want it. See parameter 'ADR.Enable'.
For trading in general, it can be useful to keep an eye on the ADR. Consider it as a S/R level and treat it as such.
.I use coral on renko charts to filter which way I should take the 60-5 symph signal (renko give me a good idea of the PA), as so I try to avoid ranging market. I also use patterns and mainly harmonic recognition (those are the only thing that can "predict futur direction", I use those more for having a trading idea not really as a part of my 60-5 symph +renko filter style).
I always use the ARS system (sometimes ARSx1.3, when I'm really confident in my trade). The difficult part of my trading is still to sit on my hands
when I shouldn't be taking any thing, but I become better at this part and for all people and newbies like me, YES INACTIVATY is also part of trading I finally get to print that part in my brain...I was just asking about how to use the ADR by curiosity, I'm reading stuff about the ADR but I'm not sure how am I suppose to use it with symphony
I get the idea of what ADR is but how to use ADR% for the dash, that i can't figure it out ? I use a probability meter made bu furrufx to give more confidence in my trade (it's like the final check on my "air trading checklist before take off", but nothing more). Maybe you use adr the same way ??
Anyway have a very nice week-end and a very big THANKS again for your work !
Fable
Thank you all for the kind words. And to all of those involved with the evolution of Symphonie from it's origins to today: Eval for the original Symphonie, lhDT for the Matrix based on those indicators, MaryJane for the TVI used in Symphonie 3 and now Xaphod for his elegant code and improvements. And the many others who helped test those improvements.
I started searching for replacements for the original Symphonie repainting indicators back in March when I first discovered Symphonie. Line 2 (Trendline) was replaced by the Supertrend nrp indicator (CCI). Line 3 (SilverTrend) was a challenge. The T3 moving average came the closest by far to the original Emotion indicator, and without repainting. Line 4 of the original Matrix (Fisher Yur4ick2 indicator) was replaced with the Fisher m11, which also doesn't repaint.
The point of all this is to give you some confidence that this combination of indicators has a history and it works. It has been in use in my modifications of the Symphonie Matrix since early May and hasn't' been caught repainting yet.
When I found Xaphod's code a few weeks ago, I ported the indicators I was using into his matrix and compared the results of his Gann HiLo with the Fisher I was using. I gave that non-repainting code to a small group (RJ, Yelena, Ohammond, Jurn_e) for additional testing and was convinced after some nudging that the Gann was earlier by 1 bar in many cases. My intention was to release this combination in another week or so but the testing group was already using it for live trades, and now Xaphod has simplified that further after examining the suggestion to use the T3 and providing his update to STSn here. Thank you for that.
So we come to the combination of indicators in STSn, provided by Xaphod, and already tested by a group of experienced and successful Symphonie traders. And one Symphonie newbie (me). All giving very similar signals to the original Symphonie Matrix, and none repainting.
Green pips to everyone using it.
--Cody
ps:
If any one has an inclination to learn good MT4 programming, study Xaphod's code. It is truly elegant.
I started searching for replacements for the original Symphonie repainting indicators back in March when I first discovered Symphonie. Line 2 (Trendline) was replaced by the Supertrend nrp indicator (CCI). Line 3 (SilverTrend) was a challenge. The T3 moving average came the closest by far to the original Emotion indicator, and without repainting. Line 4 of the original Matrix (Fisher Yur4ick2 indicator) was replaced with the Fisher m11, which also doesn't repaint.
The point of all this is to give you some confidence that this combination of indicators has a history and it works. It has been in use in my modifications of the Symphonie Matrix since early May and hasn't' been caught repainting yet.
When I found Xaphod's code a few weeks ago, I ported the indicators I was using into his matrix and compared the results of his Gann HiLo with the Fisher I was using. I gave that non-repainting code to a small group (RJ, Yelena, Ohammond, Jurn_e) for additional testing and was convinced after some nudging that the Gann was earlier by 1 bar in many cases. My intention was to release this combination in another week or so but the testing group was already using it for live trades, and now Xaphod has simplified that further after examining the suggestion to use the T3 and providing his update to STSn here. Thank you for that.
So we come to the combination of indicators in STSn, provided by Xaphod, and already tested by a group of experienced and successful Symphonie traders. And one Symphonie newbie (me). All giving very similar signals to the original Symphonie Matrix, and none repainting.
Green pips to everyone using it.
--Cody
ps:
If any one has an inclination to learn good MT4 programming, study Xaphod's code. It is truly elegant.
- #149
- Jul 15, 2012 10:02am Jul 15, 2012 10:02am
- Joined Mar 2010 | Status: Trader | 1,380 Posts
I'm glad to here that your trading is going well. Over-trading is probably something many traders indulge in. Someone said good trading is supposed to be boring.
The ADR histogram is just for quick review. Ie to be able to tell at a glance how the market has moved in relation to the time of the day. A more detailed indicator is better if one wants to actively use the ADR levels.
/X
The ADR histogram is just for quick review. Ie to be able to tell at a glance how the market has moved in relation to the time of the day. A more detailed indicator is better if one wants to actively use the ADR levels.
/X
My trading is now going much (too much?) better, I aim 3% per day as so, I have accomplish at least 9% a week (wich is my true target)
I use coral on renko charts to filter which way I should take the 60-5 symph signal (renko give me a good idea of the PA), as so I try to avoid ranging market. I also use patterns and mainly harmonic recognition (those are the only thing that can "predict futur direction", I use those more for having a trading idea not really as a part of my 60-5 symph +renko filter style).
I always use the ARS system (sometimes...
