Symphonie Trader System

Hello Eval and others,
I am also confused with the settings, i saw on the previous page you gave your current settings, so i pop them in and notice your EURUSD trade, my m15 chart looks nothing like yours. I then changed the settings to try make them look like yours but that should not be the case, i read 'post 1' its a bit of a mind field, i get that you want to give a strategy to the traders thanks for that, but its not as easy as this is it could be.
I have your current v4.4, but not the settings, i will read more to understand your pull back to fib 50 theory, as i noticed with your EURUSD, but then wouldnt the colours have changed by now, so do you post when you get out/ make a loss?
thanks again and well done on all your hard work

forexdaist & JayPipin

I am use the settings for EURUSD in 15M chart as I post. You will need to modify input settings to match. The default will not match my chart. You need to adjust.

Evaluator.:nerd:

I think this indicator is wicked, and i will take much from Evaluator saying set the levels to your own preference.
15m is fast paced i may get back to it in the future, but i prefer not to get in and out of trades too often.

H1 as in the image is my first trade with AUDUSD, from testing i find the pullback to 50 fib level is a big ask,
So i use 28.6 when there has been a small move (within a day / under 100 pips)
Otherwise i use 17.0 for bigger moves. All of this is still in trial and error stage. Trading Live as backtesting is demo trading in my opinion.

Update: target reached (btw i do not use stop loss)
Now currently long GBPAUD and GBPCHF, there are a few more setups currently... big moves especially xuausd

wild market reactions, but im just trading to the indicators

From testing H1 i found this strategy / indicator to be the cats pajamas, however
And Evaluator i trust you dont mind me adding my two cents

I use HA (Heiken Ashi)
And 5 sma high, 5 sma low
Using v4.4 of symphonie

When a 1hr setup for long has arrived, ie 4 blue / 4 buyer colour indicators
1- bar must close beyond several
2- HA body must be over 5sma
3- place fib and entry ticket at 28.6 / 17 depending on distance travelled
4- Use ATR (Average true range) set to 100 bars - take lower of 2 numbers and this is your target including spread

Update: May22
wins = 9
losses = 3
Still awaiting target and entry = 10
Thats alot for 1 day on H1 (okay i do trade / watch 25-35 pairs)

Anyone care to comment on method

Today's orders...Also...I let my orders from yesterday run overnight...they are preotected with safe stoploss. Seems to be running good....let the winner run and collect more pips.

Evaluator.:nerd:

UPDATE: News event caused spike in EURUSD. Stoploss hit on today order. (-20 pips at swing high). Based on news event, I closed yesterdays orders for +75 pips.

Eval do you only trade EU.. why and why not others

Here we have 2 examples, eurusd i am short (not confident but lets see)
Usdchf (short at pull back to 23.6)
Previously i was posting 28 fib (my bad)
some setups on JPY pairs will update asap

Two more trades, XAUUSD i am grinding my teeth at, but i will wait until all colors change and then go long / exit short
AUDNZD is a great time to enter, plus some big talk of a major long term reversal on this pair, so get in and leave some to run for 200-500 pips est

H1 today was not as positive / smooth running today
wins = 3
losses = 3
pending or running = 11
due to all the pending, tonight and tomorrow will be far more interesting

From above posted trades,
xau is still short
audnzd = long was a loss, now in a short, as with eurnzd, gbpnzd
eurusd = short was a loss, now pending long

Here is an example of pending
eurusd
now this is my take on the strategy with v4.4 kindly provided by 'evaluator'

although there are 4 colored dots signalling buy, i wait for a bar to close beyond several previous then insert fib and wait for pull back to 23.6 target is ATR level roughly 20 pips

in the image, ignore the bottom two entries, focus on the top green line 'buy order' and top red is target

Change direction with XAUUSD, long at 1389 - target 1396
other pending that have triggered:
audusd long
nzdusd long
audcad long
nzdcad long
xagusd long

Hi Evaluator,

How can we do to optimize the parameters? What have you done to find those parameters?

Hello,
Please you can tell me the last indicator used for this strategy?

Thank you so much in advance.

Good luck.

JayPipin,

For purpose of consistancy on this thread I post EURUSD. I trade EURUSD, EURJPY, GBPUSD, most times and sometime gold.

Evaluator.:nerd:

dvarrin,

I have put in many months testing different parameters to come up with settings that I find work best in different timeframes. I post the settings I think are best. If you do not like them please feel free to test and find settings that work best for you.

Evaluator.:nerd:

ta.bo

See Post#1

Evaluator.:nerd:

Yesterday I posted a loss of 20 pips and since it is first loss in a long time, I go back and make analysis of what I missed when I place order and why it failed. What I failed to notice is that at the time of the Symphonie Signal the price aktion fail to break the asian range and that was a warning sign that price aktion was going to reverse as the support was to many strong and would not allow price aktion to break the 1.28 level in EURUSD.

Because there was such a drop the day before I assume that it was a continuation of the downward trend. However, failure to break below the assian session should have be warning of pending reversal in EURUSD. So the false break reverses and send EURUSD into rally to 1.29300.

However, if one take the next Symphonie Signal (buy) one makes up this loss with a 38 pips EURUSD rally....

Evaluator.:nerd:

Here is today chart. Symphonie Signal but inside Asian Range and price aktion not break Asian range....Could this be a repeat of yesterday? I will wait on order until a Asian Range break.

''Sometimes the best trade is NO trade''

Evaluator.:nerd: