Thank you very much for the time and effort in providing this EA. I am excited to try it and see how it compares to the Manual Method of trading Symphonie Trader System. Someone posted this on the Symphonie thread and I am just reading through all the posts and I am glad to see so many people with interest.
After downloading the indikators and the EA I did notice something that causes concern. First, when you load the four indikators into the chart one is unable to change the setting for optimization. Is it possible to have all these new coded indikators have the input settings changable? We have found on the Symphonie thread that sometimes changing the input settings to make more or less sensitive to market conditions provides better results. I realize from an EA perspective this is not something that an EA does but when trading manually it is helpful. Also, I would like to ''evaluate'' these new indikators for functionality.
Second, as to the EA itself is it also possible to incorporate these unput settings into the EA so one may change these conditional settings for the individual indikators to help optimize the EA. I like the setting you have made so far and the 3 exit strategies is wonderful. If you read the post#1 on the main Symphonie Thread you should find updated information as I try to keep it current and up to date.
Here are my current indikator input settings that I think are optimal. Again, it would be nice to be able to modify them in the individual indikators and the EA itself.
Extreme indikator
1,3,2, false, 1,12,21
Emotion indikator
7
50.6
3000
Trendline indikator
30, 5
Sentiment indikator
12
I have found that using mutilple timeframes as confirmation is a must when trading bad whipsaw markets and I use a method I call Symphonie 60-5 there I am watching the 1 hour timeframe for overall market direction (market trend) and then use only 5 min Symphonie Signals that agree with the hourly. This signifcantly cuts down on the whipsaws (consolidation periods) and allows one to take the trades where there is a major market move. Again see post#1 for the link to post #8647 which is a detailed explaination with screenshot explaination. (http://www.forexfactory.com/showthread. ... ost5470997)
Since I am just now reading all the posts I would like to respond to several questions and comments made in your thread on my system.
You are probably corerct. However, I do not know the backgrounds of each indikator other than what was posted. I can tell you that it took me 18 months of combining 100s of indikators into 100s of models before I developed one that fit what I was wanting the system to do. Symphonie is not a perfect top or bottom picker. It is designed to be a follower of market trends and will always enter on the back side of a directional change because Symphonie is looking to enter after the market has decided on a price action directional change so one using Symphonie will never be at the absolute top or bottom of price action. (see attached design flowchart)mbkennel wrote:
A real indicator with some modest value written by a mathey guy was intentionally modified by a very clever and unscrupulous commercial scammer at some point (don't think anybody here is involved).
As to the coding of the indikators....I have no idea. I am a trader and model builder not a programmer so I leave the coding whether it is good or bad up to you guy the coders and programmers. So, none of the original indikators were coded or modified by me. I only used the input settings for optimization.
batemap wrote;
I also notice that because of the repainting of this indi MajorCycleBuyHistory/MajorCycleSellHistory dots are shown, perhaps the EA needs to read these as well? I say this because I saw the EA change from showing a buy (x candles ago ) then after an indi repaint the EA was showing a sell
Repaints of the extreme indikator has been a major issue and I have tried to be upfront and clear that this is a repainting indikator because it is always try to pick the absolute extremes (therefore the name Extreme indikator) This indikator has also been a mess and from what I understand from people who are coders tell me this indikator has been written and then rewritten over and over again by multiple people and there is alot of crap in the coding of this indikator. People have tried to clean it up but it seems the clean up has not done very much and the last person to post a revised Extreme indikator removed some of the algorithms to the indikator and changed the input settings but it still repaint. The best re-write was seashore where it marks the repaint with a dot on the indikator. It does not change the input setting but just marks the repaint. You can find this indikator on post#1 or post #2545 (http://www.forexfactory.com/showthread. ... ost5124304)
garyfritz wrote;
The "future peeking" problem worried me about Symphonie too. The thing that kept tempting me was Evaluator's reported results. Either he was a liar, or he was producing some incredible results with those indicators.
garyfritz, I can assure you that I am not a liar and those are indeed my results. In good trending markets where trials 1 and 2 were very profitable those are the real results. If you look to trial 3 you will see the results have been very moderate because for the past 3 months the markets have been stuck in major consolidations. Also, why would I lie?? I have nothing to hide and it does what it does and I just trade what the Symphonie Signals tell me. I really do not even look at the results until the end of the week when I make the stats and that is just basically having the Empty4 make the report up and then posting the ending statistics. Many people want me to post trade by trade and the whole point of my NOT doing that is when you look back in history it would just confuse people because of repaint or double down moments, or confirmations that a historical look at the charts will not match up. It is just better to print the overall states and that is why I do it the way I do it. Some people have pushed for this myfxbook.com website and I am not familiar with it and do not feel comfortable letting some other program inside my computer. It is a privacy thing and I do not feel comfortable allowing it into my computer. So, if you don't like my opinion then my response is too bad. It is my preference and you can take it or leave it as you wish. But I can assure you I an not lie on my results. (Mediator that one is just for you)
lhDT wrote;
The problem, as almost all trending strategy is ranging market. If you trade using that strat during that time you will be simply short killed.
That is always the problem since post #1 my first concern has been massive whipsaws and to develop a system that will help me and others overcome the killing effects of whipsaw markets. As I stated in my very first sentence when I started the thread.....
I have been testing many indicators and programs for years to determine which combinations will work the best and most importantly which combinations are the most reliable especially in a whipsaw market like we are having today.
Whipsaws are killers and there must be some way to overcome them and make a system and cooresponding EA out of it that will help one to overcome this obstacle. I did make a post on the thread (again you can find the link in post#1) that discusses the topic of ranging verus trending with interesting statistics for easy identification. You may wish to look it over (post #8129) as it may help in defining parts of the EA to improve performance. (http://www.forexfactory.com/showthread. ... ost5456200)
OK. Enough with my ramblings. I hope you will find some points of interest and help in your quest for a winning EA using the Symphonie Trader System. I am always willing to help in any way or answer any question that may assist you in your quest.
Best of Luck!!!
Evaluator.