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Symphonie Trader System

  • #15,661
  • Oct 26, 2012 2:09am Oct 26, 2012 2:09am
I am afraid the indicator repaints at least 4 previous bars... Is there a way to fix the repainting issue?


Quoting taranjeet_87
Hey Viatoris...Since you like it I named the template after you...
You'll need to install the TMA slope indicator first...
Imparo ancora
  • #15,662
  • Oct 26, 2012 2:46am Oct 26, 2012 2:46am
Quoting erksa
I am afraid the indicator repaints at least 4 previous bars... Is there a way to fix the repainting issue?
Yes it will always repaint....This indicator helps determine the strength of the move...only enter buys if the slope is greater than 0.4 and sell if less than -0.4..
If the slope is greater than 0.8 or less than -0.8 let you winners run...when the slope starts decreasing it doesn't mean the trend has ended, it just indicates that the price action is slowing down...this is from the nanningbob10.2 trading system...search it here on forexfactory...
  • #15,663
  • Oct 26, 2012 3:02am Oct 26, 2012 3:02am
Quoting taranjeet_87
Hey Viatoris...Since you like it I named the template after you...
You'll need to install the TMA slope indicator first...
dude this is cool, thanks for contributing it's showing -0.54 is that a strong sell ?
  • #15,664
  • Oct 26, 2012 3:15am Oct 26, 2012 3:15am
Thank you taranjeet. It seem very useful as a filter and as a confirming indicator. I had been searhing for such an indicator !!

Quoting taranjeet_87
Yes it will always repaint....This indicator helps determine the strength of the move...only enter buys if the slope is greater than 0.4 and sell if less than -0.4..
If the slope is greater than 0.8 or less than -0.8 let you winners run...when the slope starts decreasing it doesn't mean the trend has ended, it just indicates that the price action is slowing down...this is from the nanningbob10.2 trading system...search it here on forexfactory...
Imparo ancora
  • #15,665
  • Oct 26, 2012 3:21am Oct 26, 2012 3:21am
Quoting allisonmagic
dude this is cool, thanks for contributing it's showing -0.54 is that a strong sell ?
you're most welcome allisonyes it is a sell...even on the H4 its at -0.53..if it continues and goes outside -0.8 hold your trade...if it starts moving back to the -0.4 line you should look to close the trade...

Update:- I'm still testing this with symphony but seems to be working great so far...
  • #15,666
  • Oct 26, 2012 3:22am Oct 26, 2012 3:22am
Quoting taranjeet_87
you're most welcome allisonyes it is a sell...even on the H4 its at -0.53..if it continues and goes outside -0.8 hold your trade...if it starts moving back to the -0.4 line you should look to close the trade...
wonderful thank you
  • #15,667
  • Oct 26, 2012 3:23am Oct 26, 2012 3:23am
Quoting taranjeet_87
you're most welcome allisonyes it is a sell...even on the H4 its at -0.53..if it continues and goes outside -0.8 hold your trade...if it starts moving back to the -0.4 line you should look to close the trade...
it doesn't seem to be a live indicator, confirmations are after candle close ?


EDIT: nevermind, i see the data on the left side of the indicator. very cool
  • #15,668
  • Oct 26, 2012 3:27am Oct 26, 2012 3:27am
Quoting erksa
Thank you taranjeet. It seem very useful as a filter and as a confirming indicator. I had been searhing for such an indicator !!
you're most welcome ErksaCheers
  • #15,669
  • Oct 26, 2012 3:55am Oct 26, 2012 3:55am
no matter how many indicators we have and how good they are, it seems like symphonie is such an awesome base for trading. we can't make any trades without symphonie's confirmation of it


love you eval !
  • #15,670
  • Oct 26, 2012 1:09pm Oct 26, 2012 1:09pm
hi allison ..
is there any manual for netdania heat maps...
  • #15,671
  • Oct 26, 2012 1:18pm Oct 26, 2012 1:18pm
Quoting angel_forex
hi allison ..
is there any manual for netdania heat maps...


http://en.wikipedia.org/wiki/Ticker_tape


learn how to read ticker tape
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  • #15,672
  • Oct 26, 2012 1:19pm Oct 26, 2012 1:19pm
http://alternativeprime.hubpages.com...ker-tape-quote
  • #15,673
  • Oct 26, 2012 1:20pm Oct 26, 2012 1:20pm
Quoting allisonmagic
http://en.wikipedia.org/wiki/Ticker_tape


learn how to read ticker tape
%Y change is the yearly change in price
  • #15,674
  • Oct 26, 2012 2:07pm Oct 26, 2012 2:07pm
thanks allison
  • #15,675
  • Oct 26, 2012 2:39pm Oct 26, 2012 2:39pm
Quoting angel_forex
thanks allison
no problem
  • #15,676
  • Oct 26, 2012 2:42pm Oct 26, 2012 2:42pm
no problem. however, me and bab added the dashboard indicators so we don't have to read the ticker tapes at the website, so you can get the strength in a live environment
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  • #15,677
  • Oct 26, 2012 3:21pm Oct 26, 2012 3:21pm
here's a little diagram to help some people understand
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  • #15,678
  • Oct 26, 2012 3:32pm Oct 26, 2012 3:32pm
Quoting taranjeet_87
Hey Viatoris...Since you like it I named the template after you...
You'll need to install the TMA slope indicator first...
Hi taranjeet_87, thanks a lot. Next week I will test it. :o)
  • #15,679
  • Oct 27, 2012 4:25am Oct 27, 2012 4:25am
Hi,
Firstly, congratulations on having such a great thread and THE POWERFUL STRATEGY. I have been visiting at least 3 forums in search of a perfect trading strategy. I have tried a lot of systems, including the most famous such as THV, Extreme TMA, Nel's 4 hour MACD strategy, etc. Out of all of them I have concluded that your system is the most efficient system.

I could not believe that this system is so much accurate in back-testing. I have to do the forward testing now. I have a few questions:
1. Why and how Extreme cycle indikator 2 is sooooo much accurate in pointing the trend shifting?
2. What is the meaning of spike WITHOUT color in Extreme cycle indikator 2? (I know that spikes WITH color are trend shifting indication)
3. What does DOT mean in Extreme cycle indikator 2?
4. Is Extreme cycle indikator 2 a repainting indicator?

I like Extreme cycle indikator 2 the most due to its accuracy in back testing. I really don't know that whether it is exactly or nearly accurate in forward testing as well.

Please evaluator be generous in answering my questions.

Waiting for your reply
  • #15,680
  • Oct 27, 2012 3:32pm Oct 27, 2012 3:32pm
Well I have been testing Symphonie for 1 week on 1H TF and I will say that it is far less headaches than trading on the 15 m TF. Here are my results.

The trades with no comments, I exited purely based on Symphonie exit signals. The other exits were based on me going to bed or being away from the compyuter for a long time. I would set SL and TP based on S R levels and pivots. This worked out well!

All entries were based solely on Symphonie signals.

Oct 22, 2012

-11 eu
-16 gu
-11 eu

Oct 23, 2012

+31 eu
+10 gu

Oct 24, 2012

+19 gu

oct 25, 2012

0 eu move SL to BE
+72 gu Set TP for R2 (sleep during London)
+23 eu closed early because end of trading day

Oct 26, 2012

+12 eu move sl to +12 and it got hit
-20 gu Wild 1 hr candle hit SL

How am I trading

I start trading everyday at start of Asian session and wait for Symphonie to give a signal on 1 H TF I then set SL and TP levels based on pivots before I go to sleep (1 hour before London open). Thus is unless Symphonie gives me an exit signal.

I wake up at start of US session and look to see what the price action is like during London US overlap. All previous open trades are verified as still valid by Symphonie. If not I close them.

If a new Symphonie signal comes in, I take it and try to hold on for the rest of US session till Symphonie gives an exit signal.

I will continue this and keep you guys posted on next weeks results.

George
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