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Symphonie Trader System

  • #16,681
  • Edited 4:18pm Jan 30, 2013 3:30pm | Edited 4:18pm
Quoting Spook56
I'm sorry, can you tell me your settings for 5 minutes, because it is not the same as yours.

Hello and thank you.
My 5 min settings are the defaults for SymphonieMatrixV4.4h I changed nothing.

My broker is AxiTrader (Australian) which uses a Daily candle New York close.
Attached Image
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,682
  • Jan 30, 2013 4:21pm Jan 30, 2013 4:21pm
Quoting pt49
Change the AlertTimeFrame back to the default 15
With that setting, an alert is not displayed when using M5 charts.
  • #16,683
  • Jan 30, 2013 4:34pm Jan 30, 2013 4:34pm
Hi guys!

As it's the end of the month for me (I gonna take some vacations for a few days )
Here is my results after 2 months of test trading.
I did start with 10 000€ Demo account
1th: + 8,02% = 10 802€
2th: around 15% (did not close 2 trades yet, but I already secured +12,8 %) = 12 185€

I did took more than 200 trades (around 7/day)

However I only used symph 4.4 as a signal provider, I used a different MM.
Profitability is 72%

I want to double my account before openning a live symphonie account.

So thanks you very much Eval !
I'll keep you all posted of how it goes.


Very best regards,

Fable
  • #16,684
  • Jan 30, 2013 4:59pm Jan 30, 2013 4:59pm
Quoting Fable
Hi guys!

As it's the end of the month for me (I gonna take some vacations for a few days )
Here is my results after 2 months of test trading.
I did start with 10 000€ Demo account
1th: + 8,02% = 10 802€
2th: around 15% (did not close 2 trades yet, but I already secured +12,8 %) = 12 185€

I did took more than 200 trades (around 7/day)

However I only used symph 4.4 as a signal provider, I used a different MM.
Profitability is 72%

I want to double my account before openning a live symphonie account.

So thanks you very much Eval !
I'll keep...
Fable... you say "Profitability is 72%" but your figures don't show that... 12.18% increase on balance is not 72% profitability.

Maybe you meant 72% winning trades? But with 72% winning trades I would expect a bigger Equity increase than 12%... you may be trading extremely low risk I guess.
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,685
  • Jan 30, 2013 5:40pm Jan 30, 2013 5:40pm
Quoting pt49
Fable... you say "Profitability is 72%" but your figures don't show that... 12.18% increase on balance is not 72% profitability.

Maybe you meant 72% winning trades? But with 72% winning trades I would expect a bigger Equity increase than 12%... you may be trading extremely low risk I guess.

Yep that's what I meant.

I do trade low (base trade is -0,5%SL)
And as I said I don't trade with the same MM (because I work 14h/day in a office, exactly during london session, and can't trade at work).

Also I do use some kind of martingale (some kind of d'alembert) as I have Z-score really high.
Based R:R is 1,5/1.


Sorry for the mistake about "profitability".

Fable
  • #16,686
  • Edited 6:21pm Jan 30, 2013 6:10pm | Edited 6:21pm
Quoting Fable
Yep that's what I meant.

I do trade low (base trade is -0,5%SL)
And as I said I don't trade with the same MM (because I work 14h/day in a office, exactly during london session, and can't trade at work).

Also I do use some kind of martingale (some kind of d'alembert) as I have Z-score really high.
Based R:R is 1,5/1.


Sorry for the mistake about "profitability".

Fable
Without seeing more detailed figures, I'm sure you can raise the monthly profit conciderably with 72% winning trades.

For instance I started trading Symphonie yesterday, and have made 9 trades... 3 wins (+3.15%), 5 losers )-6.13%)and 1 still open (+6.5%)
Total profit if I closed the open trade now would be NET 3.5% profit in 9 trades with only 44% winners.

I risk 1% of the balance per trade using a 13 pip stop. Didn't work out that way on the silver/usd trade tho, lost 2.2% on that one.

My aim is to average over 2% profit a day, which I believe is quite achievable with Symphonie... it's only 2 trades with 14 pips profit, (or 4 trades of 7 pips, or 7 trades of 4 pips... hell, blind Freddie could do that!).

My eur/jpy trade is currently +95 pips
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,687
  • Jan 30, 2013 6:52pm Jan 30, 2013 6:52pm
Yen pairs look to be busting to break out (5 min charts).
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,688
  • Jan 30, 2013 6:57pm Jan 30, 2013 6:57pm
anyone have any good links to information about the volume indicator ?
  • #16,689
  • Jan 30, 2013 7:02pm Jan 30, 2013 7:02pm
Volume cannot be measured in spot forex because theres no centralized place to do it.

Any indicator you use for volume will only measure volume on your broker, not the whole market.

The best you can do is utilize volume indicators based on the single currency markets (Options etc)
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,690
  • Jan 30, 2013 7:04pm Jan 30, 2013 7:04pm
Quoting pt49
Volume cannot be measured in spot forex because theres no centralized place to do it.

Any indicator you use for volume will only measure volume on your broker, not the whole market.

The best you can do is utilize volume indicators based on the single currency markets (Options etc)

well that answered none of my questions
  • #16,691
  • Jan 30, 2013 7:07pm Jan 30, 2013 7:07pm
Quoting allisonmagic
well that answered none of my questions
so sorry, but I bet it raised new questions
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,692
  • Jan 30, 2013 7:11pm Jan 30, 2013 7:11pm
Quoting pt49
so sorry, but I bet it raised new questions

scratch that last question... i got RSI staring at me... i just answered my own question lol
  • #16,693
  • Jan 30, 2013 7:30pm Jan 30, 2013 7:30pm
Quoting pt49
Without seeing more detailed figures, I'm sure you can raise the monthly profit conciderably with 72% winning trades.

For instance I started trading Symphonie yesterday, and have made 9 trades... 3 wins (+3.15%), 5 losers )-6.13%)and 1 still open (+6.5%)
Total profit if I closed the open trade now would be NET 3.5% profit in 9 trades with only 44% winners.

I risk 1% of the balance per trade using a 13 pip stop. Didn't work out that way on the silver/usd trade tho, lost 2.2% on that one.

My aim is to average over 2% profit a day, which...

Breakeven and some JS are considered as winner even if they aren't real winner.

As I said, I also doesn't have the same MM rules
  • #16,694
  • Jan 30, 2013 10:07pm Jan 30, 2013 10:07pm
Quoting Fable
Breakeven and some JS are considered as winner even if they aren't real winner.

As I said, I also doesn't have the same MM rules
I count BE as winners, which they are, tho I do my best to make +1 at least.
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,695
  • Jan 31, 2013 1:08am Jan 31, 2013 1:08am
Quoting pt49
My 5 min settings are the defaults for SymphonieMatrixV4.4h I changed nothing.

My broker is AxiTrader (Australian) which uses a Daily candle New York close.
Thanks pt49.
  • #16,696
  • Jan 31, 2013 1:40am Jan 31, 2013 1:40am
Quoting Evaluator
Benjie,

I do not know how much more clear than I can make it....THE SETTING I AM USING ARE IN Post 15,842.

But since you do not believe me here is a screenshot post of the setting from my 5 min chart.

THIS IS WHAT I AM USE!!!

Why you are having difficulty I have no idea..... You continue to ask the same question and I am telling you the same answer and it will not change.

Evaluator.:nerd:
Hello Eval
Surely you use these settings, but you keep saying to use those of the 15,842 post that are completely different.
It becomes difficult to understand what are the correct ones .......
  • #16,697
  • Jan 31, 2013 1:45am Jan 31, 2013 1:45am
Already in a Buy here based on the 4hr pinbar, and adding to it based on the Symphonie confirmation
Attached Image (click to enlarge)
Click to Enlarge Name: pinbar.png Size: 25 KB
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,698
  • Jan 31, 2013 2:48am Jan 31, 2013 2:48am
Hmmm...EURUSD looks to be forming a familiar pattern. Next topping of price aktion I think will confirm for me....I am watch very closely... See it??

Evaluator.:nerd:




OK. I will give you a hint....



Definition of 'Ascending Triangle'

A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trendlines. In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trendline connects a series of increasing troughs. Traders enter into long positions when the price of the asset breaks above the top resistance. The chart below is an example of an ascending triangle:

Read more: http://www.investopedia.com/terms/a/...#ixzz2JXbwBgcK
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Screenshot 511.jpg Size: 77 KB
Attached Image
  • #16,699
  • Jan 31, 2013 7:25am Jan 31, 2013 7:25am
Hi evaluator if symphony shows a buy but there is a resistance point would you still take the buy?



Quoting Evaluator
Hmmm...EURUSD looks to be forming a familiar pattern. Next topping of price aktion I think will confirm for me....I am watch very closely... See it??

Evaluator.:nerd:




OK. I will give you a hint....



Definition of 'Ascending Triangle'

A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trendlines. In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher,...
  • #16,700
  • Jan 31, 2013 7:39am Jan 31, 2013 7:39am
I've been using Symphonie for several months, and particularly like the Matrix. A couple of questions regarding the latest version... things that have been brought up before but have not been addressed:
a) I've been using the new version on both the M5 and M15 time frames, and alerts are reissued every 5 or 15 minutes (depending on the Alert Timeframe setting) for signals that are still in effect. This is especially annoying when using M5 charts. Is there any way to improve the Matrix to issue an alert ONLY on the first valid signal?
b) I've tried changing the TimeFrame setting, but so far see no effect on the behaviour of the Matrix. Does anyone know its purpose or how it works?

Anyone?
Thanks
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