Genesis Matrix Trading

Welcome to your Genesis Matrix Trading thread. Here we will focus on trading with the Genesis Matrix System and it’s associated supplied indicators. There will be a couple of other ‘filters’ indicators used, and as many of you will already know, I use Stochastic, the 5 EMA and the Arrow as filters. I also use Heiken Ashi candles.

Most used TF’s: M1, M5, M15. But can be used to HTF’s.

What we will do here is trade using the Genesis Matrix.

What we won’t do here is to predict which way the market is going next…..because we don’t know that!

We won’t entertain, or tolerate any technical analysis (TA) or fundamental analysis (FA) that leads to a bias for long or short trades, or any other bias whatsoever.

No other outside indicators are to be used.If you introduce an outside indicator, you will be told to remove it ONCE only. If you do not, you will be removed from the thread.

All the indicators are provided for you. You do not need any other indicators. Feel free to check out the indicators as supplied by Xaphod in the Genesis System Tools thread .

Edit: Originally I said it was ok to if you preferred another indicator, but it seems that some people don’t understand and we have had all manner of indicators thrown up and it is a constant pain in the ass to me and others to have to get rid of this rubbish. So, no other indicators will be accepted here from now on. If you bring another indicator here, you will be asked just once to remove it. If you do not, or if you break this rule a second time, you yourself will be removed. I know that’s harsh, and I don’t care, that’s the way it’s going to be



Who we are. ‘We’ are small group of traders who’s style of trading is similar. Most of us trade to put food on the table, so it is our only income. Where possible we will help you and we will post trades and charts. However, we are not going to hold your hand and walk you through trades because you are too lazy to ready this thread.

The current Genesis Team of developers is:

Xaphod. Xaphod has been a fantastic help and continues to work tirelessly to bring us more and better indicators that are tailor made for Genesis, and we thank him very much for the work he does and the elegant code he writes. The Genesis System Tools thread of Xaphod is located here

Wiz3003. An engineer who is extremely thorough and his attention to detail is what makes Wiz a valued member of the team. He is a systems testers dream come true, and you can be sure that when Wiz tests and documents something new for us, it is as good as it gets.

RJ. Not much to say about me……I have been around for a while and have learned to trade the hard way and I’m still here. Gradually I have tried systems that appeared good on the surface, but nearly all of them fail in the end. The Genesis Trading System is impressive in it’s simplicity and ability to provide pips for me, and I am happy to be part of the team to present it to you.


Past Genesis Team members are:

Olivia (Ohammond) . Olivia was the 2ic, or ‘2nd in charge’ for this thread. Olivia and RJ have very similar trading styles and are in touch with each other on a regular basis. Olivia's trading skill and honesty is here for all to see on the thread and she has been a tremendous help not only to me personally, but to the thread and all it's members. Olivia is not available at this time, but we are keeping her seat warm until she returns!

Cody. Cody is an extremely willing and passionate trader and coder who writes some fantastic code to help keep this thread and this system at the front of the line. He has given countless hours to the thread and some of his ideas are truly amazing. Much of the code we use today, we owe Cody for. I expect Cody will drop in from time to time, and we are keeping his seat warm too!

Oli (olivierforex). Oli started trading in 2003, when EU reaching nearly 1.20 was the big news. He Joined FF 18 months ago and started to look to trade the more noisy smaller TFs with indicators but didn't find anything that suited his personality until he stumbled on Symphonie a few months ago, which lead to joining the Genesis Matrix trading system! Oli trades trade a bit of everything but mainly indices and that's why he often 'disappears' from the thread before the Wall Street open. Oli seems to have disappeared in 2013, but we'll keep his seat warm as well.


PLEASE NOTE: This is not a system for noobies to FX trading. Do not come here asking and/or expecting to be shown how to trade.....the experienced traders will not show you any mercy!! Instead, please go to babypips/school and do their course. It is free and it is extremely good. You will learn much there.


This Post is the only post that will remain editable by me forever. All developments and important points will either be placed here or will be linked to from here to provide a handy index of useful posts and tools.



*At the bottom of this post, in a zip file, is my template and indicators for you to test *

This zip file contains all the indicators and template that you will see me use. It will be updated from time to time as the system is refined.

Good luck and best wishes.

RJ


Troubleshooting your Genesis Installation posted here by Cody
Genesis Matrix Trading System Tools by Xaphod

The Average True Range indi + explanation is posted here by Olivia
Market Open Times indi posted here by RJ, with thanks to Yelena
MTF Stochastic 2.10 posted here by Cody
MTF Arrow 2.01 + explanation posted here by Cody
MTF Arrow 3.00; GenesisArrowMatrix 1.20 + explanation posted here by Cody
LFH Trading Simulator posted here by RJ, with thanks to Olivia
Currency Strength Meter, link and explanation posted here by Minako
Manual Pivot indi is posted here by jamesT.


The 5-15 Genesis Strategy and Genesis Summary PDF posted here by wiz3003
The 5-15 Genesis Strategy common questions answered posted here by wiz3003

Trading examples & Explanations posted here by Olivia
IFR. Trading. A Trading Exercise posted here by RJ
Trading Tips posted here by olivierforex
Heiken Ashi Candles Explained posted here by RJ with thanks to dee50 from x-man's super simple system thread
The Simplicity of Trading Genesis explanation posted here by Oliverforex
Higher Timeframe Trading explanation and analysis posted here by Krypty
Stochastic Trading explanation posted here by RJ
Stochastic Trading Movie posted here by RJ
Stochastic Indicator (more info) posted here by Oliverforex
Stochastic Divergence info posted here by RJ
Stochastic Question answer posted here by RJ
Divergence 'Cheat Sheet' posted here by RJ
Analise your own trades, creating your own journal (an example) posted here by Mannai70
How to add M15 and M5 Stochastic to the same chart posted here by Cody
Daily Pip Target Excel Spreadsheet posted here by jinchu
An explanation and information on Pivots posted here by wiz3003
Arrow trading tips posted here by Martyfish

Useful Tools

CamStudio desktop recording application posted here by heispark
MT4 Floating Charts for multiple monitors users posted here by heispark

The screenshot below shows the basic way I trade. Other people have other variations of trading the Matrix, but for those of you who don’t know me, this is a quick guide for what I look out for.

Firstly, I trade only from The Frankfurt market open, which is 1 hour before London open…….until approximately 2 or 3 hours after New York open. I don’t trade the Asian markets as a habit, because they are too slow and prone to small movements, but if I see something juicy I might enter a trade. There are more pips available after I finish trading sometimes, but that is usually past 2am for me, so I am asleep!!!

So….here we go….I will enter a Sell trade if all the following conditions have been met:

1. The Matrix is all the same colour after the current candle is closed, ie, Matrix cannot repaint
2. Stochastic if falling from a recent overbought state
3. A Bear candle has opened under the Yellow 5 EMA
4. The Arrow…..now I don’t always wait for the arrow because in a sudden PA reversal it may be late…but….if an arrow doesn’t arrive within the next couple of candles, I become concerned!!

The trade exit.

The exit is always harder than the entry because we want to stay in the trade for as long as it runs…..but we don’t know where the run will end!! So generally speaking, I will exit at a support/resistance line. This could be a pivot line, a previous high/low area, a round number etc etc.

In this case, the exit was none of the above!! However, the PA began to stall and could make no further progress….and….a big doji candle appeared…..and….tha candles began to move above the Yellow 5 EMA…..and…..the Stochastic began to climb. That’s enough reason for me to exit the trade….or…..al least bring your Stop Loss down into a decent profit area so that some of your profit is protected. That way you will definitely make a profit, plus you will be in a good position if the bear run resumes.

Edit: Stop Loss for shorts goes above the previous swing high, and for longs, below the previous swing low. Having said that, the Stop Loss is not there for you to sit and watch get hit if the PA turns around. It's there as emergency protection. The idea is that you recognise that the PA has turned and you need to manually exit the trade and consider entering the opposite way

RJ

Thank you for the new thread RJ, its going to be good

Very nice RJ, I will be following this thread!

Thanks for all your help Olivia......it's a team effort, no?

You're welcome.....hopefully we can all make some good pips here with the wonderful non repainting Matrix

Well done RJ, you are a legend.

There was a nice little short trade just on Frankfurt open. I didn't take it because I was busy setting this up...lol.....but I know some of you did.

You see the bounce right off the Daily Pivot?

Thanks......it's a team effort though

Nicely done all, will be following closely.

Interesting, will keep my eye on the thread.
Best regards, J.

Good luck in your thread!

RealJumper and Olivia,

I see you have started a new thread based on Symphonie Trader System.

Here is wishing you both best of luck in your new thread. I am sure it will be successful as you both are very good traders and will have many examples to show people your style and Symphonie adapted method.

Evaluator.

Thank you for the thread RJ,

i am a fan of Gann and CCI, so i really like this Matrix indicator

I have also a few questions:
-your exit is at S/R line,but do you use TP (or trailing stop)?
-where do you place the Stop Loss?
-what is you risk % per trade?

Keep up the good work!

Thank you Eval

Ahhhh....the SL placement.....lol....good point, I forgot to mention that in post #1. I'll edit that in a sec.

SL for shorts goes above the previous swing high, and for longs, below the previous swing low.

I don't use a set TP, although I have an idea in my head. For instance, if I enter a short just under the daily pivot, my initial target will be S1.....unless there is any other support line that comes along first. When (and if) S1 is reached, I will target S2, or some other support line that may come first.....like a round number or previous support area etc.

% risk per trade is very much up to the individual. I like use 2% but others I know use 5%....others use 1%.....still others vary the %age depending on the PA. I don't there is a 'right or wrong' way to do it.....it's what you are comfortable with.

congratulations to the new thread !

Newbie question here,

what will you do the the matrix signal shows a opposite signal to your trade

- when you're not in profit ?

will you just close the trade? will you going in a new trade?


- when you are in profit ? you will just let the trade run / close it ?

and you will take the actions when

- there is full opposite signal?

- only TVI signal?

- any of the matrix square?


thanks !


FL

Nice work RJ etal! Been looking forward to this.

Thank you,
Keith.

Well, if it is a proper "signal", ie Matrix is complete the other colour, oh yeah....I will exit for sure.....in fact I probably already did! If the reversal is a strong one, I will look for the same conditions as in post 2 and enter. If the reversal is against the trend, I will probably wait and see if the trend resumes, and look to re-enter.

Generally speaking, I start manually trailing my trades from about +20 onwards. So when a trade is in profit by at least 20 pips, I will move my SL to break even and eliminate the risk. As we get further on in the thread you will see this in action.

Depends. If the counter move is just the market 'breathing', then I will let it go. If it seems like a full blooded reversal, then I will exit. It's a tough call and one that only comes with experience.

It's combination of some Matrix signals, but mostly it depends on the Stochastic and what caused the reversal. Was it just a bounce of the Pivot like we have just seen? Was it because Bernanke was running his mouth? The reason for the reversal, if indeed it is a reversal, should let us know what to do.

Sometimes, there are counter trend trades that I will will take. If we get a full opposite signal....ie Matrix + Stochastic + Yellow 5EMS + Candle opening clear under/over the Yellow 5 MA and there is no reason NOT to enter.....like a pivot/round number etc.....then I will enter the counter trend trade...BUT.....I will move my SL to break even pretty smartly to protect myself.

Hi RJ,

please find attached the DinapoliTargets indicator. It draws the most important Fibonacci levels.

The red line is your SL, white is where you should open the trade and the three other lines are TP levels.

Personally i am using it on 15M and 1H charts, trading in the 1H direction.

Regards