Example Scalp vs Symphonie Signal — This is what Eval was saying yesterday about the whipsaws in early entries. The pink arrows are entries with yesterday's scalping rules without the Symphonie trendline and the green entry is the "later" ...

Symphonie Trader System

Yes, the thread has been able to make great progress because it has existed a very loooong time without bickering. That has been achieved by being tolerant. It would be greatly appreciated if we could keep it that way.

Symphonie Trader System

Nice, thanks for sharing.

Symphonie Trader System

Alorante, How did the live trades and the simulator compare in regards to win loss percentage?

Symphonie Trader System

So true. For the new traders in the thread that may not have read everything, the system is designed to get you in the trade later rather than sooner, when the tops and bottoms are more defined, so you will be less prone to whipsaws and momentum is ...

Symphonie Trader System

But isnt eliminating the trendline optimizing to get in earlier? Or is it creating a new system based on the Symphonie principle?

Symphonie Trader System

Gotcha, thanks.

Symphonie Trader System

Eval, Can't find any information. How do you set the inputs. Is it a 1,2,3,4 type of input or a 15 30 60 240 type? What should I set in the input for the 4H? Thanks.

Symphonie Trader System

On account of that thought I have tested taking only the long signals, including the open trade long I have now.

Symphonie Trader System

Hi, When a candle closes and you see at least 4 extreme spike colors against you, that is your first exit signal. You exit with whatever you have, profit or not. That is the first exit signal you will see if you follow the Symphonie System with the ...

Symphonie Trader System

Could you post your template/indi that you use so I can use use for my MT4? Thanks SR[/QUOTE] Sure,

Symphonie Trader System

Yep, most EA's just cannot deal with the discretionary and mental part of trading, they just follow the instructions, but the market is a wild place switching from trend to range without notice, and there is no "one size fits all" instructions in ...

Symphonie Trader System

Yes RJ, I have grown to depend on those HA candles. That is one of your templates, I just changed the SMA for HMA. I have the pivot but I just load it to know where prices might stall, then I take it out to clear the chart.

Symphonie Trader System

For new traders.... See attached 4 hour chart, NU is just an example. The arrows mark the trends I like to see running on this time frame using heiken ashi candles... if it's too flat I think twice about entering trades. Next see the attached 30M ...

Symphonie Trader System

SnailRoll, People usually experiment on different time frames until they find the one that they really feel comfortable with. If you don't feel all that comfortable with the 5M, maybe you need to move up gradually until you do. The best thing any ...

Symphonie Trader System

I have used that simulator extensively to test my setups. It is very educating to see what would have befallen you on open trades. Being prepared and putting in the work really pays off. I wish you the best of success.

Symphonie Trader System

I agree with itsallover, besides, many times when you try to align two time frames you will miss most of the large move created when the timeframes are looking for alignment.

Symphonie Trader System

Passerby, I trade NU UC GJ GU EU EJ AU AJ. Over time the pairs take turns outperforming each other. I just try to be on the side of the better current performers. I do not let spread bother me if I feel a good move is coming. You can really get good ...

Symphonie Trader System

Yelena, Congrats on making all those pips. Curiosly I also got in on the AU exactly at 1.0679, my stop was 1.0645, my chart was the 30M and I also entered early. I entered just two candles before the signal.

Symphonie Trader System

It is possible to make good returns in hourly but the trades are far apart and take longer to materialize.[/QUOTE] This is actually a good thing, because you can make your pips and diversify your day also. To me this is excellent news.

Symphonie Trader System