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Symphonie Trader System

  • #16,701
  • Jan 31, 2013 9:06am Jan 31, 2013 9:06am
Quoting Alexoptions
Hi evaluator if symphony shows a buy but there is a resistance point would you still take the buy?

Alexoptions,

I use pending orders and let the price aktion come to me. If my order fillls then it usually means that the markt is going to move my way.

Evaluator.:nerd:
  • #16,702
  • Jan 31, 2013 9:07am Jan 31, 2013 9:07am
Quoting Spidey
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...

Spidey,

I do not have that problem so I have no answer for you other than if you get alarms each bar then disable the alarm.

Evaluator.:nerd:
  • #16,703
  • Jan 31, 2013 9:25am Jan 31, 2013 9:25am
Quoting Evaluator
Spidey,

I do not have that problem so I have no answer for you other than if you get alarms each bar then disable the alarm.

Evaluator.:nerd:
I have the same exact problem. Are you using the same exact file that was posted here? can you try it with this same exact file? on some screen shoots you had some other version (maybe this was fixed there)

thanks for the help

David
  • #16,704
  • Jan 31, 2013 9:26am Jan 31, 2013 9:26am
Quoting Dworf
I have the same exact problem. Are you using the same exact file that was posted here? can you try it with this same exact file? on some screen shoots you had some other version (maybe this was fixed there)

thanks for the help

David

yes
  • #16,705
  • Jan 31, 2013 9:57am Jan 31, 2013 9:57am
It appears the ascending triangle is to play out now as the upper edge breaks. Now I look for 1.36000 and higher.

Evaluator.:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Screenshot 512.jpg Size: 165 KB
  • #16,706
  • Jan 31, 2013 1:34pm Jan 31, 2013 1:34pm
Hello every one !!! I followed your suggestion and quit trading M5, I will stay with H1, I have profit with this time frame. And I like it.
My profit in January with H1 is 230 pips!!!!!
Thank you for your help!!!!!
Even though I walk through the darkest valley, I will fear no evil
  • #16,707
  • Jan 31, 2013 2:01pm Jan 31, 2013 2:01pm
Hello,

I offer the following information to those who may like this way of trading symphonie. I have attached a manual back test for the last 7 months. Only trading a 4 hour period it yielded 1470 pips. If you were to trade the full London open to close, it would be more than double that. This is for EURJPY on 5M charts. It works with other pairs but stop loss and take profit have to be adjusted. Typically, 10 sl and 20 tp, for most other pairs except GBP/JPY (which would remain 15/30). I posted a different manual back test earlier that used a method very close to Evaluator's that I have been using, but after seeing the same results in less time with less stress.... I will be using the new one. I have explained how it works in the attachment, pretty simple I think. Make sure to pay attention to S/R with this method, that is key! A variation of this is to use the sensitive settings (see attachment) for entry but instead of taking 30 pips, you use the default setting as your tp. I haven't tested this second way, but it looks promising too.

Stickbow

PS There are no other indicators or time frames that you need to reference. Just symphonie 4.4h.
Attached File(s)
File Type: xlsx Symphonie EURJPY 5M Sensitive with Default Test.xlsx   24 KB | 495 downloads
  • #16,708
  • Edited 4:54pm Jan 31, 2013 4:44pm | Edited 4:54pm
Quoting Stickbow21
Hello,

I offer the following information to those who may like this way of trading symphonie. I have attached a manual back test for the last 7 months. Only trading a 4 hour period it yielded 1470 pips.
20 pip TP is ways to conservative in my opinion. I am not rigid in my trading plan... on the Yen pairs I can see thousands of pips to the upside yet, however If I was in a gbp/usd trade I would not be using an open ended take profit target.

Try back testing with a 100 pip take profit and see how you go... seeing you are trading 4hour, I'd be targeting at least 200 pips per trade (on Yens anyways).

I got in e/j at 122.67 a couple days ago and my trade is currently +196 pips (16% increase on act balance)

Every 13 pips is another 1%

So far with Symphonie 11 trades for 4 winners... +11% in a few days.
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,709
  • Edited 5:52pm Jan 31, 2013 5:18pm | Edited 5:52pm
Quoting pt49
20 pip TP is ways to conservative in my opinion. I am not rigid in my trading plan... on the Yen pairs I can see thousands of pips to the upside yet, however If I was in a gbp/usd trade I would not be using an open ended take profit target.

Try back testing with a 100 pip take profit and see how you go... seeing you are trading 4hour, I'd be targeting at least 200 pips per trade (on Yens anyways).

I got in e/j at 122.67 a couple days ago and my trade is currently +196 pips (16% increase on act balance)

Every 13 pips is another 1%

So...
pt49,

You misunderstood. I am trading 5 minute, not 4 hour time frame. I have back tested extensively with all take profit options and 30 pips is best with this method. In the last 7 months there were only 5 trades that would fit the 100 pip take profit on the 5M time frame. The 4 hour reference was to the period I'm trading 8am-12pm EST. Also, because of the sensitive setting you can sometimes catch two 30 pip moves in a 4 hour period, and sometimes even 3. If you were trading from London open then it would be very common to have 2-3 +30 pip trades, and some even some 4-5 +30pip trades in a 9 hour session. Hope this clears things up.

Stickbow
  • #16,710
  • Jan 31, 2013 6:38pm Jan 31, 2013 6:38pm
Oh OK, understood
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,711
  • Edited 8:05pm Jan 31, 2013 6:49pm | Edited 8:05pm
well guys, after a year of trading the system, I'm just about done trading symphonie.. after a year of losses.. the most i've made is about 40 pips in 1 trade using symphonie.. lately i've stopped using symphonie, now i'm using the ichimoku system standalone and it's pulling hundreds of pips instead of just a few. 500 dollars of losses with symphonie and i'm done .. it was a fun ride though, hope you guys are successful with it.


thanks for everything Eval !
  • #16,712
  • Jan 31, 2013 6:51pm Jan 31, 2013 6:51pm
Beginning Balance 0.00
RolloverRollover Fee -8.56
PnLProfit/Loss of Trade -506.69
DeposDeposit 660.03
WithdWithdrawal -100.00
OptionOptions Payout 0.00
CommOptions Commission 0.00
AdminFeeAdministrative Fee -10.00
MngFee Management Fee 0.00
PerfFeePerformance Fee 0.00
VoidDeposit Rollback 0.00
ASPCommASP Commission 0.00
MargInterestInterest on Usable Margin 0.00

Ending Balance 34.78 Floating P/L 0.08 Equity 34.86



my account is up to 34 dollars since i started using Ichimoku..
i haven't deposited since i lost everything, just been trading my last $30


i'm starting a new account, and loading more capital however i will be trading with Ichimoku instead of symphonie.
  • #16,713
  • Jan 31, 2013 6:55pm Jan 31, 2013 6:55pm
good luck guys
  • #16,714
  • Jan 31, 2013 7:18pm Jan 31, 2013 7:18pm
Quoting allisonmagic

Ending Balance 34.78 Floating P/L 0.08 Equity 34.86



my account is up to 34 dollars since i started using Ichimoku..
i haven't deposited since i lost everything, just been trading my last $30


i'm starting a new account, and loading more capital however i will be trading with Ichimoku instead of symphonie.
How did you manage to margin call the account? Was it a run of bad trades or was it because of not using a Stoploss?

I thought from your recent posts you were doing well with symphonie.
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,715
  • Jan 31, 2013 7:52pm Jan 31, 2013 7:52pm
Quoting pt49
How did you manage to margin call the account? Was it a run of bad trades or was it because of not using a Stoploss?

I thought from your recent posts you were doing well with symphonie.

naw bro, i was using ichimoku.. and i got margin called because of several bad trades. my stop losses hit 80% of the time. i would get a signal from symphonie, jump in a trade 5 pips later and get a reversal on me and get stopped out
  • #16,716
  • Jan 31, 2013 7:57pm Jan 31, 2013 7:57pm
Quoting pt49
How did you manage to margin call the account? Was it a run of bad trades or was it because of not using a Stoploss?

I thought from your recent posts you were doing well with symphonie.
I'm confused too... all I've seen you do is praise symphonie and say how many pips you're making???? Although, I've also never seen you just trade purely symphonie. It has always been combined with other indicators. So I guess a variation of symphonie. Like I said, I've never made more pips by adding indicators. Symphonie by itself is great though! Best of luck with Ichimoku!!
  • #16,717
  • Jan 31, 2013 7:59pm Jan 31, 2013 7:59pm
Quoting Stickbow21
I'm confused too... all I've seen you do is praise symphonie and say how many pips you're making???? Although, I've also never seen you just trade purely symphonie. It has always been combined with other indicators. So I guess a variation of symphonie. Like I said, I've never made more pips by adding indicators. Symphonie by itself is great though! Best of luck with Ichimoku!!

i've had up days and down days, but overall it looks to be negative against my account. the past 4 or 5 wins i posted here were because of ichimoku. symphonie has given me some dozens of good trades but double that in losses from what i can see against my account. i've tried adding indicators and other things to help aid the system but doesn't work for me.. i've lost too much now, and i supported eval for a long time, but it's just not the right system for me. i can't keep losing like this..


thanks, best of luck with symphonie !
  • #16,718
  • Jan 31, 2013 8:33pm Jan 31, 2013 8:33pm
attached my account summary since i opened my fxcm account
Attached File(s)
File Type: zip Account Statement.zip   37 KB | 709 downloads
  • #16,719
  • Jan 31, 2013 10:51pm Jan 31, 2013 10:51pm
Mr Evaluator... all I can say is WOW!!!

I'm now up just on 300 pips on my e/j trade in 2½ days, and every 13 pips is another 1% on my account balance.

I owe you a beer... no, make that a case of beer!
Attached Image
In the days of old when sailors were bold, and seldom if ever contented.
  • #16,720
  • Feb 1, 2013 2:48am Feb 1, 2013 2:48am
Hi stickbow thanks for your information, have a quick question how do you get the symphonie indicator to backrest that far? Mine goes back only about a month?



Quoting Stickbow21
Hello,

I offer the following information to those who may like this way of trading symphonie. I have attached a manual back test for the last 7 months. Only trading a 4 hour period it yielded 1470 pips. If you were to trade the full London open to close, it would be more than double that. This is for EURJPY on 5M charts. It works with other pairs but stop loss and take profit have to be adjusted. Typically, 10 sl and 20 tp, for most other pairs except GBP/JPY (which would remain 15/30). I posted a different manual back test earlier that...
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