That's a bear channel (the red rising channel at the bottom of a downtrend) and it gives 2 possible trade options later on: 1) play short when the price gets near the top of the red channel, especially when we near the long term trendline (red line) ...

Symphonie Trader System

Pips vs % — My 2 cents on this... For the 'newer' traders, I would say that you must concentrate on the amount of pips that you are getting out of all your trades on average, rather than the %. When you add all your daily trades including the ...

Symphonie Trader System

Hi Wiz, Thanks for the 'Heiken Ashi (HA) in a separate window' indicator. It's a great idea when you also want to monitor the standard PA on the same chart but.... To follow RJ's setup properly, you must make sure that you also have his yellow MA in ...

Symphonie Trader System

Thanks Cody, I'm not a coder but when I get tips like that it encourages me to have a look at the coding and learn a little and then explore a bit more. For anyone wanting to change the squares to something else than dots, take a look at this: url ...

Yet another set of Symphonie Indicators

Weekly chart is too high a timeframe for M5 Symphonie daily trading, but we have a couple of bullish stochastic divergences (the price makes a Lower Low (at A & B) but the Stox makes a Higher Low (at C & D)) here so we could very well have the ...

Symphonie Trader System

A bullish Gartley? Timeframe a bit too high for M5 Symphonie trading though...

Symphonie Trader System

1) I'm not sure that you are using the correct Matrix as I had a signal generated 2 candles earlier for better entry (3.0.1 is the most current but someone else ought to confirm this - see page 1) 2) I didn't take the trade for one of the reason ...

Symphonie Trader System

Hey Wiz, These 3 extra retracement filters would have kept you in the trade for extra pips... url Oli

Symphonie Trader System

Thanks for that Tehnobyte. Have you thought of using Xaphod's MTF Symphonie Matrix/Tape indicator so that you can see everything in one window (in a M5 window you can see what M15 and M30 and H1....are doing all at the same time - same colours: ...

Symphonie Trader System

Tehnobyte, by the looks of it that's very good, very impressive even. Do you run it only with Euro AND on M5 or is it tailored to other instruments and longer timeframes too? I am getting these messages in my Experts tab: 2012.07.03 14:14:33 ...

Symphonie Trader System

That's a BIG HINT (maybe an obvious one for experienced MT4 users), but if anyone is having problems with indicators/templates not working, remember that if you are using somebody else's Template, you must have all Their indicators in your folder ...

Symphonie Trader System

Glad to hear you're ok url

Symphonie Trader System

SL: Symphonie says ... at least above/below the previous high/low and if that is too far away to give you a decent r/r then don't take the trade TP: Symphonie says ... a nearby Pivot/S/R line or a change of colour in Matrix's top line Read this PDF ...

Symphonie Trader System

Hi Patti, There are 3 things that you can use: 1) the Trendline indicator that is part of the Symphonie set; it's the flat red line just above the candles during the consolidation period; notice how the price never Closed above on any M5 candles, ...

Symphonie Trader System

Here are 4 trades (white lines) from this morning on the Dow (US30) and why they were and were not taken. I use a slightly different matrix (see my previous posts) but the results are fairly similar (the signals tend to get generated on the same ...

Symphonie Trader System

Yeah Evaluator, it's like lots of little workshops making customised parts for your trading; that in itself is a testament to Symphonie's strength (after all, who would waste time to develop add-ons for a strategy that doesn't work)! ...

Symphonie Trader System

It's good for backtesting because you can look back at your charts in Symphonie's default 5M TF and also see what the Matrix was doing at that time in any other (higher) TFs (as we know, it's best to trade with the prevailing trend, so always at ...

Symphonie Trader System

FastForex Query — Sorry FastForex, I didn't have my glasses on and I hadn't seen the purple oval as I thought that you were referring to the Stox. See that post from 'guandi' a while back (the indicator is called Tape - basically a different ...

Symphonie Trader System

hello real Jumper, Sorry to bother, as far as i get from you system one of the request to be a high probability trade is the stoch coming from OS or OB, in that case it wasn´t. Please, can you explain why you took it? Thank you. By the way, ...

Symphonie Trader System

It's just a Multi Time Frame (MTF) stochastic so that I can have the 5M and the 30M/1H stox in the same window (i'm old and I need everything in front of me so that I don't have to keep switching timeframes lol). I believe RJ posted one similar a ...

Symphonie Trader System