Another +15pips from usdchf, this one from 15M.

Symphonie Trader System

Entered a bit late due to counter trend, figured I need more confirmation, news apparently work my way through this one. +30 pips easily within 5 minutes.

Symphonie Trader System

first trade of this system for live, +14 pips from usdcad. Exit at close of bar because of extreme spike pointing up (it was one at the time). It is a strong trend so may have been better if i waited longer but theres the RGL coming soon.

Symphonie Trader System

Totally agreeing with RJ, take a look at my latest backtest report with 2x pages. A lot of loosing trades are from countering trends. However, keep in mind that if you counter trend, you have a clear indicator of when to exit when loosing pips ...

Symphonie Trader System

I think I mentioned that in my backtest report, it seems like the color only change 2 bars after closed or else it will always be pointing at opposite direction. I am having great results in backtest, will start live with this system tommorrow

Symphonie Trader System

Whos chris? Sorry new to the thread.

Symphonie Trader System

There are lots of ways to use Stoch. Divergence, crossovers, OB/OS are all ways to use them. However, i do not think using it with OB/OS will give good results with this system, except maybe for reentry. However, the crossovers are good confirmation ...

Symphonie Trader System

I noticed there is a skype room set up can anyone tell me about it? How can I join?

Symphonie Trader System

Oh another thing is, when you entered a trade and later nothing much really happened after 10-15+ bars because of ranging or consolidation, just close at BE and wait for another entry, dont let luck interfere with such great system

Symphonie Trader System

BackTest report EU 5M starting from recent period 9.26.11-10.7-11 — This my backtest documentation for realjumper's template on EU 5M for the recent period. With realjumper's template, 5M trades seem to be much more improved. The results will ...

Symphonie Trader System

I am trading 24/5 on the backtest and will later do an analysis of whether this strategy work on 24/5. Other information regarding backtest are also documented. I am living in Canada, GMT - 4 time zone.

Symphonie Trader System

Thanks RJ, time for some hardcore backtests

Symphonie Trader System

EU 5M 2011.4.1-2011.4.6 — This is a report of several trades in the above period for EU 5M. Loosing around $1000 (10% of equity) in 7 trades. I can not agree more that RJ is right, the original symphonie trendline indicator is too slow. Many ...

Symphonie Trader System

Hi Realjumper, Thanks for replying. I noticed the problem with how supertrend indi seemed to lag too much. Will wait for your arrow indi and I'll do more backtestings with different pairs and time frame. Would it be possible if you can attach the ...

Symphonie Trader System

After conducting the research I have an insight. It seemed like the order in which the 4 indicator appears may have a differene in the trade. So far, I look for a colored spike, then wait for the other indicators to point at the same direction. It ...

Symphonie Trader System

I am an accountant, and in financial statements, there is a trade off between using historical prices vs fair value prices. The trade off after all is between reliability and relevance. I agree with you, the indicators at higher time frame will ...

Price Action Trading with Indicators! The Freebie System

BackTest Results — This is my first post for this thread, I have conducted a backtest research with the rules and templates posted by Evaluator at #1 post. Back test is GU, 5M, 4 days period from 2010.01.10-2010.01.14. Losing around 20% in 4 ...

Symphonie Trader System

You might be right, but I am still convinced that if I am to trade on 15M time frame, I should look at the 15M TF for trends as there should be enough say 30 bars of data for me to determine the trend, any older bars will be not relevant as 30 bars ...

Price Action Trading with Indicators! The Freebie System

Udine: continuing on our discussion on the chat, I have attached the following 2 pictures. The first one is to indicate how I define the trend, higher high and higher low on ZZ. The 2nd one I took the trade again... following all Dredding's 4 rules: ...

Price Action Trading with Indicators! The Freebie System

Udine, I added MTF HAs to my charts now. However, as Dredding mentioned, everyone can use their own trend indicator, I use the ZZ: higher high, higher low defining a up trend after the long downtrend previously, I was confidence when I made the ...

Price Action Trading with Indicators! The Freebie System