jjasper7 wrote:cuzgeorge,
I am not real familiar with a forum, and am having a problem both understanding and trying to copy what is being shown. I thought symphonie was a highly reliable and profitable system, and that i was doing something wrong because i cannot get it to work right on fxcm (with profit and frequency), but it looks like you are showing daily losses and substantial drawdowns in your various tests using the ea. What has happened between the start of the ff symphonie thread and now? is there some unknown 'personal inputs' going into manually placing trades that cannot be quantified with a mechanically trading ea? I understand that you are tweaking parameters searching for properly fitted values for different pairs, but results shown above look bad, and my trades are too. I suspect that i have some update missed as well because i get very few trades. Am i not understanding?
Hi Jjasper7,
yes, the results are very extreme to say the least.
Please read and review some of slowkey's results. Slowkey is using different settings to me, it's pointless we all test the same settings on the same criminals, then adjust the view in the history tabs to the latest trades and start looking at those for winners, and then check the settings.\
you will still have to play around with your criminal, thats why i am testing so many, they vary from crim to crim, and there's no way of telling how yours reacts with the EA's you might put on. Its then nice to share your results and then we all get a little wiser about how it all works.
i am also trying Eval's settings and methods. i find his 60-5 method too slow for me, so i've tried some 15-1's, and mostly 5:5's , there are some 15:5's also, but you would have to follow the results weekly to see what is profitable and what settings are used. The comment section is small and i've tried my best to fit whatever i can so u can get a better idea. you can always pm for better settings but it's best you try out yourself, otherwise you'll never be able to understand whats going on. Learn one EA well from Steve, and you'll be able to understand the majority of his with great ease.
As for the Symphonie system, yes it is a very good system if traded correctly. Please do not think this is the holy grail. You need patience and to follow the thread with Eval and pay attention to what the traders are doing, and how they trade. Read post 1 many times and then after a year or so , when you win 70% plus on your demo, then try real, it's another animal.
Tonight i got caught on both my real accounts going north , when we had a sudden drop on the eurusd. I dont like cutting losing positions, so yes, i got a few 'floaters' out there. all my symphonie EA positions hit the stop loss, and closed, right. okay, but i'm not running the Ea on my live accounts. it's not ready, and probably a long way to go. Nothing could have predicted tonight, but read Evals methods and Stop Loss will always come up as vital. With the EA, i am trying not putting SL's, because it's testing, and i'm waiting for the EA to pick up a change and take a position or close one, all with settings. Thats just my 'style' of trading. you need to find your's and see how it fits. Thats exactly what we're doing here with the EA, trying to find where it fits in and the best way to trade it, while still trying to keep , as best/close as possible to Eval's system. If all was so easy ,we'd all be on an island somewhere.
The best has now coded this system, and Steve has been very kind to all of us by sharing this, we need to show our appreciation by helping Steve to help others also. If we can get to the 70% success mark, i think we can call this a huge success, but read Steve's posts to other members and you'll get a much better example of what EA's are all about.
Eval spent months to come up with his manual system, and did'nt thumb suck the first indicators he found. He has put a lot of time and effort to create his system. Now we are starting to try and find an EA that can replace a human, with numbers and settings and candle shifting and periods, you get the idea. !! It's the 'style' or 'way' of trading that makes Symphonie so successfull, and read carefully, no-one will tell you to trade live immediately. now imagine trying to do that on an EA, it cant predict the market moves, no-one can, so lets get the closest we can to a successfull EA, and then maybe Eval can endorse or recommend the EA. until then, we have to try and get it to work with it's own, 'style' by playing with the settings. REad Steve3s' post 1, this is experimental, and cannot be traded live.
sorry for the long reply. hope you understand a little better.
cuzgeorge |
