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Symphonie Trader System

  • #17,661
  • Mar 7, 2014 11:38am Mar 7, 2014 11:38am
Dear Evaluator,

I am new to this thread and what I have found is very interesting. I downloaded all the updates and all is working fine. I plan to demo test using M5 chart, trading only when I have a singal on the H1, entering off an M5 signal with 20-30 pip stop loss. I plan to close trades on M5 Trend matrix box color change (conservative exit).

I must admit whatever the result of my experience with this, I still won't fell comfortable using it, because I can't find an explanation of the Sentiment and the Emotion indicators. I've worked with something similar to the extreme before and the Trend seems pretty straight forward, but the other two I have no idea about.

I did research downloading a PDF with all the tips you gave in this thread. I read into the thread aswell, but nothing about how the Sentiment and Emotion indicators calculate their values. Do they have anything to do with actual market sentiment and emotions, or are they a simple trend indicator that you use to filter out bad trades?

Looking forward to you answer,
Peter
  • #17,662
  • Mar 7, 2014 5:02pm Mar 7, 2014 5:02pm
Quoting peterwest
Dear Evaluator, I am new to this thread and what I have found is very interesting. I downloaded all the updates and all is working fine. I plan to demo test using M5 chart, trading only when I have a singal on the H1, entering off an M5 signal with 20-30 pip stop loss. I plan to close trades on M5 Trend matrix box color change (conservative exit). I must admit whatever the result of my experience with this, I still won't fell comfortable using it, because I can't find an explanation of the Sentiment and the Emotion indicators. I've worked with something...
TVI=Extreme
CCI=Trend
GoldMiner=Emotion
BullBears=Sentiment
  • #17,663
  • Mar 10, 2014 10:28am Mar 10, 2014 10:28am
Dear Evaluator ,

Will i get any answer to my previous post or i am waiting pointless.

Thank you in advance.

Regards ,

Alex
  • #17,664
  • Edited 10:09pm Mar 11, 2014 7:00am | Edited 10:09pm
Quoting alex8585
Dear Evaluator , Will i get any answer to my previous post or i am waiting pointless. Thank you in advance. Regards , Alex
alex8585,

Your answers are clearly outlined in post 1 with your choice of 3 different ways to exit a trade using Symphonie. Which you choose is up to you.

Evaluator.:nerd:
  • #17,665
  • Edited Mar 13, 2014 8:34am Mar 12, 2014 6:12pm | Edited Mar 13, 2014 8:34am
Hey Evaluator,

Hope all is well. love your trading system and thread. Had a quick question for you. Do you still actively trade and/or recommend trading EUR/USD? The daily range of Eur usd since this thread started dropped 30% of its ADR. Do you think it would still be okay to trade eur/usd on the 5 and 15?
thanks for your candor and continued support,

cheers from the US,

Nick

first symphonie trade, comments and constructive criticism welcome!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15symphonie.png Size: 37 KB
  • #17,666
  • Edited 12:43pm Mar 13, 2014 10:40am | Edited 12:43pm
heres my progression of the current trade I am in. sl now is at BE +1 in accordance with post #1 rules. just noticed also its been testing a resistance level for the past few candles, ill be watching it closely. nonetheless its a free trade now, so ill jus follow symphonie rules for the time being.

closed the trade at 1 est for +48 due to London closing coming up and Being unable to manage trade. Anyone ends benefit from this short?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15symphonie.png Size: 43 KB
  • #17,667
  • Mar 14, 2014 10:20pm Mar 14, 2014 10:20pm
Quoting 4rextrader
Hey Evaluator, Hope all is well. love your trading system and thread. Had a quick question for you. Do you still actively trade and/or recommend trading EUR/USD? The daily range of Eur usd since this thread started dropped 30% of its ADR. Do you think it would still be okay to trade eur/usd on the 5 and 15? thanks for your candor and continued support, cheers from the US, Nick first symphonie trade, comments and constructive criticism welcome! {image}
4rextrader,

Welcome to Symphonie Trader System thread. Yes I still trade EURUSD but so far this year it has been a difficult pair to trade. It has been stuck in a 500 pip range for 2 1/2 year now and it turns with little to know information and is so manipulated I find trading EURJPY or NSDAUD better. But I do still trade EURUSD.

I like 15min and 1H for trading charts. I no longer trade 5 min as it is prone to many whipsaws. But trade how you feel most comfortable. I just find it more work than the reward.

Best of Luck,

Evaluator.:nerd:
  • #17,668
  • Mar 15, 2014 3:58am Mar 15, 2014 3:58am
Quoting Evaluator
{quote} 4rextrader, Welcome to Symphonie Trader System thread. Yes I still trade EURUSD but so far this year it has been a difficult pair to trade. It has been stuck in a 500 pip range for 2 1/2 year now and it turns with little to know information and is so manipulated I find trading EURJPY or NSDAUD better. But I do still trade EURUSD. I like 15min and 1H for trading charts. I no longer trade 5 min as it is prone to many whipsaws. But trade how you feel most comfortable. I just find it more work than the reward. Best of Luck, Evaluator.:nerd:
Thanks for the response evaluator,

silly quick question, by nsdaud, do you mean AUDNZD?
  • #17,669
  • Mar 16, 2014 12:49pm Mar 16, 2014 12:49pm
Quoting 4rextrader
{quote} Thanks for the response evaluator, silly quick question, by nsdaud, do you mean AUDNZD?
Yes. That is what I mean. I am bad at type.

Evaluator.:nerd:
  • #17,670
  • Mar 17, 2014 8:10am Mar 17, 2014 8:10am
Quoting Evaluator
{quote} Yes. That is what I mean. I am bad at type. Evaluator.:nerd:
no problem thanks for the clarification. one more thing. I know from reading past posts you trade and recommend trading the breaks of the asian session when ofcourse the symphonie rules are satisfied as outlined in post 1. do you do the same and wait for a range break of the asian session on the 1 hour time frame as well, or just the 15 min?

thanks

4rextrader
  • #17,671
  • Mar 18, 2014 8:38pm Mar 18, 2014 8:38pm
Quoting 4rextrader
{quote} no problem thanks for the clarification. one more thing. I know from reading past posts you trade and recommend trading the breaks of the asian session when ofcourse the symphonie rules are satisfied as outlined in post 1. do you do the same and wait for a range break of the asian session on the 1 hour time frame as well, or just the 15 min? thanks 4rextrader
I do not trade asian time because the volume of movement is small. I like Europe and USA for trade times. For me 15m is best for trading but you will play with system and find the timeframe that suit you.

Evaluator.:nerd:
  • #17,672
  • Mar 19, 2014 4:09pm Mar 19, 2014 4:09pm
Quoting Evaluator
{quote} I do not trade asian time because the volume of movement is small. I like Europe and USA for trade times. For me 15m is best for trading but you will play with system and find the timeframe that suit you. Evaluator.:nerd:
  • #17,673
  • Mar 20, 2014 2:01am Mar 20, 2014 2:01am
Quoting Evaluator
{quote} I do not trade asian time because the volume of movement is small. I like Europe and USA for trade times. For me 15m is best for trading but you will play with system and find the timeframe that suit you. Evaluator.:nerd:
Evaulator, just realized one of my questions wasn't answered. So i understand you trade the european and usa sessions, but during those times do you only enter a symphonie trade if price breaks the asians sessions range?

thanks
  • #17,674
  • Mar 20, 2014 7:49pm Mar 20, 2014 7:49pm
Quoting 4rextrader
{quote} Evaulator, just realized one of my questions wasn't answered. So i understand you trade the european and usa sessions, but during those times do you only enter a symphonie trade if price breaks the asians sessions range? thanks
Generally when you have a Symphonie Signal it is because it is break asian ranges.

Evaluator.:nerd:
  • #17,675
  • Apr 7, 2014 5:04am Apr 7, 2014 5:04am
Hi Evaluator

When a trade is open but not reached 10 pips profits and price goes against, do you wait until SL (75 pips in M15) is hit or do you close early when trend change color (or other early exit) ?
  • #17,676
  • Edited 8:36pm Apr 9, 2014 4:42pm | Edited 8:36pm
Quoting keno
Hi Evaluator When a trade is open but not reached 10 pips profits and price goes against, do you wait until SL (75 pips in M15) is hit or do you close early when trend change color (or other early exit) ?

Keno,

It really depends on how I feel the market is acting or what has caused the reversal. If there is no reason other than a whipsaw, I would remain in the order. If there was a news release or a market changing event happening, then I would exit.

I would also exit if there was a major news event happening in the near future like a rate decision or a major disaster like what happen to JPY when earthquake and tsunami happened where the JYP skyrocket on the event.

So, for that you have to use your own feeling on what you think or how it feel to you.

Best of Luck,

Evaluator.:nerd:
  • #17,677
  • Edited 6:37pm Apr 9, 2014 5:59pm | Edited 6:37pm
Quoting Evaluator
{quote} Best of Luck, Evaluator.
Hi Evaluator,

Thanks for your ideas sharing. I believe a lot of forums threads are useful, but thing is that I always find those threads are not managed in the eye of a reader, so he must read everything to understand or he will not get any benefit at all. And since a lot of threads are waste of time, one moves a step ahead and a step back in reading.

Having said this, can you please:
1. guide me to the post number where you make your package latest update so that I download your updated file and test it?
2. put your explanation to your updated package?

The other very important thing is that I have a manual trading method with which I gain from 1% to 3% per month consistent for more than 2 years now and I want it to be fully automated. I tried to ask some programmers to make it as an automated system, but I found that I have a modified "to the best" ideas into my new system with which programmers will not advise but to code, so I decided to enter forums may be I find talented people -surely will have the same problems that you had if I want to start a thread and wait for comments & brilliant members to share me with their thoughts-.

So, can you assist me in that and tell persons who assisted you to gather their efforts with us, so that we may finally make a system NOT ONLY out of my manual working trading, BUT ALSO gathering the two systems -yours and mine- to be as one?

My current manual trading is dependent on the Identification of a Trend, Support & Resistance Points, Stochastic and True MACD, while the needed is a full auto trading system that is also dependent on the same manual setup, but with the following additives:
1. Macroeconomic Tick Data;
2. Some Stats to the above;
3. Some ideas that can be hired within a system while in my manual trading they are very impossible to be implemented; And finally
4. Applying all currency pairs on the system while I couldn't do this by my method.

The result in my opinion will NOT be 1-3% but way more.

Your thought are highly appreciated.

Regards,

FA.
  • #17,678
  • Apr 9, 2014 8:35pm Apr 9, 2014 8:35pm
Quoting finaladd
{quote} Hi Evaluator, Thanks for your ideas sharing. I believe a lot of forums threads are useful, but thing is that I always find those threads are not managed in the eye of a reader, so he must read everything to understand or he will not get any benefit at all. And since a lot of threads are waste of time, one moves a step ahead and a step back in reading. Having said this, can you please: 1. guide me to the post number where you make your package latest update so that I download your updated file and test it? 2. put your explanation to your...

finaladd,

All you seek is in post one with its links to relevant material.

Evaluator.:nerd:
  • #17,679
  • Apr 10, 2014 6:19am Apr 10, 2014 6:19am
Quoting finaladd
{quote} The other very important thing is that I have a manual trading method with which I gain from 1% to 3% per month consistent for more than 2 years now and I want it to be fully automated. I tried to ask some programmers to make it as an automated system, but I found that I have a modified "to the best" ideas into my new system with which programmers will not advise but to code, so I decided to enter forums may be I find talented people -surely will have the same problems that you had if I want to start a thread and wait for comments & brilliant...
Thanks Evaluator. I just thought that words in post one are not updated. Can you please answer the other side of my question mentioned above?

Cheers.
FA
  • #17,680
  • Apr 10, 2014 7:48am Apr 10, 2014 7:48am
Quoting 4rextrader
Hey Evaluator, Hope all is well. love your trading system and thread. Had a quick question for you. Do you still actively trade and/or recommend trading EUR/USD? The daily range of Eur usd since this thread started dropped 30% of its ADR. Do you think it would still be okay to trade eur/usd on the 5 and 15? thanks for your candor and continued support, cheers from the US, Nick first symphonie trade, comments and constructive criticism welcome! {image}
Hi buddy,

Can you please provide the support and resistance indicator i am searching for a good one please....

Cheers
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