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Symphonie Trader System

  • #18,001
  • Jan 22, 2016 7:09pm Jan 22, 2016 7:09pm
Quoting Evaluator
I have been using a 15m strategy that has a 75 to 80% accuracy you may wish to play with for your people that trade in the 15m time-frame. I only use Symphonie version 4.4h and include screenshot and settings for your evaluation. The strategy is take a Symphonie signal (red for sell/blue for buy) and hold the position until two of the indicators change colour then close position. While it does not win every time; if you use the stop-loss rules from post#1 your losses should be at a minimal. I also have been using a 100pip rule on winners. As...
Hi, in post #1 you say to use the color change of the Trend indicator to exit and in this post you say to exit when two indicators change color. What happens if we're in a downtrend but the Trend indicator changes color before any other indicator leaving it to only 3 red 1 blue, would you still exit trade or wait till 2 indicators change (regardless if its Trend indicator or not).

Thanks, I have been testing it for the past few days but that's the one thing
  • #18,002
  • Jan 24, 2016 6:07pm Jan 24, 2016 6:07pm
I have spent the week trading with Symphonie now with patience, diligence, and a few variations to Eval's rules in post #1 to suit my personal style.

I can confirm the system makes good calls 3 times out of 4. The problem for me, as mentioned repeatedly in this thread, remains the exit strategy.

Because of its design, Symphonie tends to lag the market, i. e. it gives you the signal when the price has already moved. If you follow Eval's rules in post #1 strictly, you will also exit late. Late entry + late exit = give up most of the gain. In my experience, most of the wins hit the +2 pips stop out when the market retreats from positive territory and Symphonie has not told you to exit yet. The occasional bad trade (1 out of 4), which hits the -50 pips stop loss, eats most or all of the day's profits.

In the end, only on 2 days I could make the 1% profit target, despite winning trades were far more than the the losing ones. That is why I made few variations to Eval's rules: I feel I need to close the trades more timely.

If anyone else has the same impression, it would be great to share ideas. Maybe an additional indicator? In the first pages of this thread a few experienced traders mentioned using the Heiken Ashi alongside Symphonie, but the HK is another lagging indicator.
  • #18,003
  • Jan 25, 2016 4:18am Jan 25, 2016 4:18am
Quoting asd111
{quote} I agree, indicator does indeed repaint, well the trend line did today. I also got 2 email confirming setup then 2 bars later it ended up that it was never a setup.
Yes, the trending indicator is where I see the most repaints. This is not good because finding yourself on the wrong side of the trend means hitting the stop loss for sure. I close these trades as soon as I notice the repaint. We'd need a programmer in this thread to update the code and we would beta-test it.
  • #18,004
  • Jan 31, 2016 3:36pm Jan 31, 2016 3:36pm
Quoting Attento
{quote} Yes, the trending indicator is where I see the most repaints. This is not good because finding yourself on the wrong side of the trend means hitting the stop loss for sure. I close these trades as soon as I notice the repaint. We'd need a programmer in this thread to update the code and we would beta-test it.
Did you wait for the close of the candle?
If you are good at something, never do it for free--Joker
  • #18,005
  • Jan 31, 2016 7:02pm Jan 31, 2016 7:02pm
Quoting jmn5611
{quote} Did you wait for the close of the candle?
Please read my posts 17.994 and 17.995, everything explained there in detail.
  • #18,006
  • Jan 31, 2016 10:09pm Jan 31, 2016 10:09pm
Quoting Attento
{quote} Please read my posts 17.994 and 17.995, everything explained there in detail.
I see. I am sorry to hear of your troubles.
If you are good at something, never do it for free--Joker
  • #18,007
  • Feb 1, 2016 1:02pm Feb 1, 2016 1:02pm
Quoting jmn5611
{quote} I see. I am sorry to hear of your troubles.
Do not worry, Symphonie is already good in its current form. Besides, thanks for your past contributions to this wonderful thread. :-)

I can live with occasional repaintings, I will just close the trade and consider it a missed call. As long as missed calls, I mean stop losses + repaintings, are no more than 2-3 out of 10, the system is useful anyway.

Evaluator wrote in some post that he considered repaintings as new possible entry points. But he also wrote that the system did not repaint, so I wonder if Symphonie can be optimized again to catch up with any possible change in Mt4 code since then.
  • #18,008
  • Feb 11, 2016 3:59am Feb 11, 2016 3:59am
Hi...

Just to say, I've been using symphonie for a long time now and it doesn't repaint at all.... I mean It never did.....

Very strange if it repaints on your platform....

Cheers
  • #18,009
  • Feb 11, 2016 6:24am Feb 11, 2016 6:24am
Hi QuincyJones,

What charts do you use - 4hr, 1hr, 30min, 15, min, 5 min, 1 min ?????

As I have noticed repaining on the lower time charts.
  • #18,010
  • Feb 12, 2016 6:08am Feb 12, 2016 6:08am
Quoting QuincyJones
Hi... Just to say, I've been using symphonie for a long time now and it doesn't repaint at all.... I mean It never did..... Very strange if it repaints on your platform.... Cheers
Can you please check the build version of your Mt4? I use Symphonie v4.4h with build 950.

Under Help > About

Thanks!
  • #18,011
  • Feb 12, 2016 7:08am Feb 12, 2016 7:08am
Quoting Attento
{quote} Can you please check the build version of your Mt4? I use Symphonie v4.4h with build 950. Under Help > About Thanks!

build 950 too.... I have the same settings as you apparently.... very strange
  • #18,012
  • Feb 16, 2016 8:14am Feb 16, 2016 8:14am
Quoting raaammy
Hi QuincyJones, What charts do you use - 4hr, 1hr, 30min, 15, min, 5 min, 1 min ????? As I have noticed repaining on the lower time charts.

I'm using 15 min charts
  • #18,013
  • Feb 23, 2016 5:42am Feb 23, 2016 5:42am
Thanks QuincyJones
  • #18,014
  • Feb 23, 2016 5:45am Feb 23, 2016 5:45am
I have been looking at the SEFC Bull - Bears with the Cycle Identifier w/alert 1 major on MT4, but I use fxcm Marketscope to make my trades.

Do you have these two indicators as .lua indicators?

Many thanks.

Raaammy
  • #18,015
  • Edited 4:38am Mar 3, 2016 4:03am | Edited 4:38am
Symphonie version 4.4h does not repaint once a candle time is completed. Prior versions do repaint that is why I do not use them nor wish to discuss because this only causes frustration and confusion. Now here is a little insight on how I trade.

First I have two timeframes setup 1HR and 15min. I look to the 1HR for direction and take only Symphonie signals in of the 15min in the direction given to me by the 1HR timeframe. I do not take counter signals to the 1HR timeframe. Now that being said...I also use the strict guidelines of as price moves 25 pips I place stoploss in front of order to protect profit. Does this work all the time with big returns? NO Most of my wins are small but I make more than my losses in the overall.

One last thing about how I trade. I only trade at heavy market times. I trade German DAX open times until DAX Close times. Why? Because I trade when most traders are in the market and I am not compete against the market makers because they always set traps and steal your money because they have better access to market information before you do. Also because I trade DAX times I get Europe traders and US market open traders so I have the luxury of trader volumes where Symphonie can predict the best direction of market moves. I also like to take my trades signals from Symphonie as/after the market opens NOT BEFORE. That way you get strong market moves that are not clouded by market makers.

What are your returns? Well my win ratios right now runs around 72% and I usually produce a consistent 12% to 15% increase in my account each quarter. This is a slow growth program it is not designed to get miracle returns like all the fake programs do...it is mean to be a consistent growth program that IF YOU LEARN the signals and IF YOU LEARN the market formations; one can make a consistent return on your account while minimizing your loss times. (YOU WILL HAVE LOSSES AS THAT IS THE NATURE OF FOREX) If anyone tells you...you will never have a losing trade with their system....THEY ARE LYING TO YOU!!!!

But to help show you graphically what I mean; here are my last few trades over the past 12 days.

Best of Luck!

Evaluator
:nerd:

P.S. One small correction....where it say +10 I mean +1 pip. Apologies.
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Signal 772.jpg Size: 304 KB
  • #18,016
  • Mar 3, 2016 12:08pm Mar 3, 2016 12:08pm
Hello Evaluator,

Thx for the nice charts, I will follow your system on a demo account only on EUR/USD, same set-up as you: 1H and 15min tf.

What are the settings that you are using right now for those 2 tf?

Br,

minosd
  • #18,017
  • Mar 3, 2016 11:49pm Mar 3, 2016 11:49pm
Quoting Minosd777
Hello Evaluator, Thx for the nice charts, I will follow your system on a demo account only on EUR/USD, same set-up as you: 1H and 15min tf. What are the settings that you are using right now for those 2 tf? Br, minosd
Please see post #17992.

Evaluator.
:nerd:
  • #18,018
  • Mar 4, 2016 2:47am Mar 4, 2016 2:47am
Thx Evaluator appreciate

Actually that AUD/USD trade was my first trade on symphonie, after that i changed the settings on the 15 min TF.

I think it's a better idea to use Symphonie on different TF (1H and 15min) since this will give stronger signals imo. Your post # 17258 was your last update of the settings matrix, i was wondering what settings you are using on the 1H in combination with the 15min at this moment.

Sorry to insist, many thanks!

Minosd
  • #18,019
  • Mar 4, 2016 3:08am Mar 4, 2016 3:08am
Quoting Minosd777
Thx Evaluator appreciate Actually that AUD/USD trade was my first trade on symphonie, after that i changed the settings on the 15 min TF. I think it's a better idea to use Symphonie on different TF (1H and 15min) since this will give stronger signals imo. Your post # 17258 was your last update of the settings matrix, i was wondering what settings you are using on the 1H in combination with the 15min at this moment. Sorry to insist, many thanks! Minosd
Per your request.

Evaluator
:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: Symphonie Signal 773.jpg Size: 138 KB
  • #18,020
  • Mar 4, 2016 3:49am Mar 4, 2016 3:49am
Hi evaluator,
I was wondering if symphonie will work on renko bars or the method is more dependent on candlesticks that has a time factor in it?
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