Strange we have different charts from evaluator
- #15,907
- Dec 11, 2012 10:47am Dec 11, 2012 10:47am
- | Commercial User | Joined Jul 2012 | 2,049 Posts
I want to expand and show you how clean and simple Symphonie Matirx 4.4h really is when trading. Attached is the chart from the past 2 day. (timeframe 5 min). At each vertical line, there is Symphonie Signal produced, and it catch the entire moves of the markt. PLUS the retracement pullback!! The arrows without a vertical lines are optional entry points to add to a position with a pending order.
Why a pending order?
Easy....you avoid the whipsaw pullbacks that normally happens as price aktion begins to move and if it reverses...
your right, it's working so well now ! i think you guys finally nailed it. the only thing i'm trying to decide is how to exit. so far i've been using macd to identify a turn in the market, symphonie is a bit slow to identify any major reversal on the 1h.. also, i'm using fibonacci to find my targets, so that makes for a good exit as well.. either way, symphonie is working like a charm. the settings you provided are perfect !
- #15,909
- Dec 11, 2012 10:56am Dec 11, 2012 10:56am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Hi!! Evaluator,
I personally liked your strategy and the extreme spike indicator and has traded with it few months ago and it has gave me good results which I want to share with you and also I don't like to sit in front of the monitor all day therefore I prefer 4H Time-frame for trading.
But I have seen you using this strategy on smaller time-frame as 15M and 5M. So, I just want to confirm with you is this strategy is working for me on 4H and I am implementing and executing this strategy perfectly or not.
Please reply, I have just modify...
Looking at your screenshot I do not see the 4th indikator which is trendline. You are using the more difficult versions of Symphonie. May I suggest moving to the Matrix format?
The Symphonie Matrix covers the same elements as you have on your screenshot but using the Matrix will greatly clean up your charts and make it easier for you to trade.
As to your entry and exits...Yes you would enter when all the indikators point in the same direction and then you will exit one you have a ending extreme direktional change indikator. (per Exit Strategy One found in post#1)
So you are doing it correctly with the exception of missing the Symphonie Trendline Indikator.
Best of Luck,
Evaluator.:nerd:
- #15,910
- Dec 11, 2012 11:54am Dec 11, 2012 11:54am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
your right, it's working so well now ! i think you guys finally nailed it. the only thing i'm trying to decide is how to exit. so far i've been using macd to identify a turn in the market, symphonie is a bit slow to identify any major reversal on the 1h.. also, i'm using fibonacci to find my targets, so that makes for a good exit as well.. either way, symphonie is working like a charm. the settings you provided are perfect !
allisonmagic,
You are exactly correct. Symphonie will be slower to catch tops and bottoms because that is not how Symphonie is designed. Symphonie is designed to point the trader in the direction of the overall trend and the version 4.4h is the best at keeping on out of deadly whipsaws and true to the greater markt direktion.
MACD is part of the new 4.4h so I think you will fine this version much improved and most importantly...... is once the time bar has close there are no more repaint....one the timebar closes...it is done and the history does not change..
Happy Trading!
Evaluator.:nerd:
P.S. Interesting part it that this version uses the same calulation algorythims of the very first original indikators but this stand alone indikator has be coded differently so no repaints. CCI, MACD, ATR, MA, PSAR they are all there in the final signal produced.
- #15,912
- Edited 9:14pm Dec 11, 2012 8:53pm | Edited 9:14pm
I want to expand and show you how clean and simple Symphonie Matirx 4.4h really is when trading. Attached is the chart from the past 2 day. (timeframe 5 min). At each vertical line, there is Symphonie Signal produced, and it catch the entire moves of the markt. PLUS the retracement pullback!! The arrows without a vertical lines are optional entry points to add to a position with a pending order.
Why a pending order?
Easy....you avoid the whipsaw pullbacks that normally happens as price aktion begins to move and if it reverses...
If you have mark those arrows on yourself then I was wondering how matrix 4.4h gives us a good true trend signal as the earlier version gives us a color change extreme spike. And gives us alternate buy and sell signals.
And please, explain me the entry and exit rules for matrix 4.4h
Secret Lies in buy LOW sell HIGH concept keep working on it until u succeed
I have just finished reading your threat 
Well worth it even if it took me about 4 months to catch up with you. I just want to congratulate you and thank you for the tons of work and screen time you all have invested in this. All of you but especially Evaluator that founded this system. Sincerely now Ev. you have some patience (Benjii
)
that can only tell the kind of person you are. Today i m joining you on my live acc. Good luck to all of ya, and thanks again!!
Well worth it even if it took me about 4 months to catch up with you. I just want to congratulate you and thank you for the tons of work and screen time you all have invested in this. All of you but especially Evaluator that founded this system. Sincerely now Ev. you have some patience (Benjii
)that can only tell the kind of person you are. Today i m joining you on my live acc. Good luck to all of ya, and thanks again!!
- #15,914
- Dec 11, 2012 10:56pm Dec 11, 2012 10:56pm
- | Commercial User | Joined Jul 2012 | 2,049 Posts
I have just finished reading your threat
Well worth it even if it took me about 4 months to catch up with you. I just want to congratulate you and thank you for the tons of work and screen time you all have invested in this. All of you but especially Evaluator that founded this system. Sincerely now Ev. you have some patience (Benjii
that can only tell the kind of person you are. Today i m joining you on my live acc. Good luck to all of ya, and thanks again!!
wonderful, welcome to the live club
- #15,916
- Dec 12, 2012 12:39am Dec 12, 2012 12:39am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
I have just finished reading your threat
Well worth it even if it took me about 4 months to catch up with you. I just want to congratulate you and thank you for the tons of work and screen time you all have invested in this. All of you but especially Evaluator that founded this system. Sincerely now Ev. you have some patience (Benjii
that can only tell the kind of person you are. Today i m joining you on my live acc. Good luck to all of ya, and thanks again!!
Welcome to Symphonie thread! I am glad you enjoyed the read. HOWEVER, as with any new untried strategy, I STRONGLY suggest you start with testing the Symphonie Trader System with a test demo account and using demo dollars NOT real money.
Why?
For the simple fact that trading real money adds additional stress to the learning curve making it more difficult for the learner to fully comprehend the workings of the new untried strategy because the trader is more concerened with the FEAR or loosing real money and the GREED to make more money and will not obey the rules of the Symphonie Trades System.
Learn the strategy, understand the strategy, acclimate yourself to the working of the strategy, understand how Symphonie works in different markt environments (trending markts versus ranging), and finally...learn to trust the Symphonie strategy on what to do how to do it and how to take a loosing trade. ALL these factors are most important to be successful and practice on a demo account BEFORE trading real money is best. You will never loose money trading demo dollars....you will gain stress free experience and confidence in you and Symphonie by training first.
I always will tell everyone that wants to jump in to test,test,test,test.....before putting real money at risk. Understand.... SymphonieMatrix will make wrong calls....I can guarantee that....but that is just the indikator part of Symphonie and the Symphonie Strategy is much much more than that.
It is a complete trading system on how to handle loss trade and more important how to handle win trade.
TEST Symphonie first before trading live....you will be happy and more successful....I promise.
Evaluator.:nerd:
- #15,917
- Dec 12, 2012 2:00am Dec 12, 2012 2:00am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Markt have problem holding on to 1.30 break....(topping??) My guess is yes! But we let the markt decide where it want to go....
So far many pendings that have been canceled as whipsaws from Bull/Bear war fight it out....
Evaluator.:nerd:
But we let the markt decide where it want to go....So far many pendings that have been canceled as whipsaws from Bull/Bear war fight it out....
Evaluator.:nerd:
- #15,918
- Dec 12, 2012 4:09am Dec 12, 2012 4:09am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
EURUSD still running higher.....Buy trade still holding.(I thought I would have been a stoploss hit on my order for +1 pip)...My guess is USA Central Bank rate decision and the Ben Bernanke show have potential to drive EURUSD higher...(more printing by USA central bank)
My advise is do not trade 1 hour before this event as markt liquidity will dissapear until this major event risk have pass.
Trade with care and use caution..
Evaluator.:nerd:
My advise is do not trade 1 hour before this event as markt liquidity will dissapear until this major event risk have pass.
Trade with care and use caution..
Evaluator.:nerd:
