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Genesis Matrix Trading

  • #441
  • Jul 19, 2012 5:13am Jul 19, 2012 5:13am
Quoting antantnz
Hi all,

Firstly, just wanted to say hello ... this thread has literally come at the perfect time for me, as I'd just recently started experimenting with RJ's variant of using the matrix so now to have a whole thread dedicated to it is perfect ... thanks to all!

A question ...

Do the more experienced traders here have a per day limit? e.g. say you got to 5% for the day (or 4%, or whatever your limit may be), do you stop trading for the day and walk away?

Or do you just keep taking all decent trades that come along?

I'm in two minds ... on the...
For me.....my target is 100pips per day. If i get the 100, I might still trade, it depends on the market. I get very choosey after I have my target, but I will take a trade if the trade looks really good.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #442
  • Jul 19, 2012 5:16am Jul 19, 2012 5:16am
Quoting bubola
sure, here it is
A handy indicator, thank you. I have added a link on Page 1
Doing what you like is Freedom. Liking what you do is Happiness.
  • #443
  • Jul 19, 2012 5:17am Jul 19, 2012 5:17am
Quoting realjumper
A hand indicator, thank you. I have added a link on Page 1
courtesy of Olivia in symphonie thread
  • #444
  • Jul 19, 2012 5:23am Jul 19, 2012 5:23am
its demo but... 2% risk per trade 18% up
Attached Image (click to enlarge)
Click to Enlarge Name: demo.jpg Size: 358 KB
  • #445
  • Jul 19, 2012 5:25am Jul 19, 2012 5:25am
Quoting antantnz
Hi all,

Firstly, just wanted to say hello ... this thread has literally come at the perfect time for me, as I'd just recently started experimenting with RJ's variant of using the matrix so now to have a whole thread dedicated to it is perfect ... thanks to all!

A question ...

Do the more experienced traders here have a per day limit? e.g. say you got to 5% for the day (or 4%, or whatever your limit may be), do you stop trading for the day and walk away?

Or do you just keep taking all decent trades that come along?

I'm in two minds ... on the...
I would say this will be approached from two sides as people are different.

The one side will say that they have met their target for the day and they are off to enjoy the rest of life, and that is fine.

The other side will say, why would you stop trading. The reason is the market does not stop and is not aware of a individual. So why would it not give another opportunity to go for it.

So I don't think anyone is wrong but there is something you need to keep in mind.

You need to follow your plan and not deviate. The problem comes in when you start to over trade.

If your plan states stop at your target then stop, and if it states go on then you do that. Do not change on the fly.
  • #446
  • Jul 19, 2012 5:31am Jul 19, 2012 5:31am
Quoting bubola
courtesy of Olivia in symphonie thread
Yes, I have the indi from Olivia too, but I like the way you have laid it out
Doing what you like is Freedom. Liking what you do is Happiness.
  • #447
  • Jul 19, 2012 5:37am Jul 19, 2012 5:37am
Quoting Krypty
You need to follow your plan and not deviate. The problem comes in when you start to over trade.
Well put ... definitely nothing worse than thinking you're on a roll, and then taking less than optimal trades that undo your good work!

My struggle initially with this (& any) system was that I was taking too many trades, many of which with hindsight were not what I had told myself they were at the time I had entered (thankfully I always take screenshots of my entries so could go back later and be honest with myself)... slowly but surely I get better at only taking the quality trades.
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #448
  • Jul 19, 2012 5:39am Jul 19, 2012 5:39am
while waiting for charts to move, life to happen etc I realized that this system for now is the most followed in FF with 114, then comes Sonic's with 59 and the others are far behind,obviously this is the place to be,we are very lucky to be here and of the evolution of the system,we should give a big thanks to all the programmers that solved the repainting problems,the senior traders and we must not forget the originator of the system Evaluator,without his system we wouldn't have this system,

REMEMBER, MAKE MONEY SO WE CAN PAY TAXES TO FEED OUR ELECTED POLITICIANS, THEIR LAVISH FUNCTIONS,PRIVATE PLANES (OUR PLANES LOL) AND GREAT PENSION PLANS (100s TIMES BETTER THAN OURS)
  • #449
  • Jul 19, 2012 5:55am Jul 19, 2012 5:55am
Quoting dudele2
........................

REMEMBER, MAKE MONEY SO WE CAN PAY TAXES TO FEED OUR ELECTED POLITICIANS, THEIR LAVISH FUNCTIONS,PRIVATE PLANES (OUR PLANES LOL) AND GREAT PENSION PLANS (100s TIMES BETTER THAN OURS)
Hahahaa..good one dude
Lets make some green pips
  • #450
  • Jul 19, 2012 6:07am Jul 19, 2012 6:07am
Quoting sasavisnic67
Hi Cody,
Are you able to code the No. of bars thet we can chose. So when there is no market open we can back test manualy all pairs we whant, for as far back we whant. This would be god enough.

Br.
Sasa
It's in testing, Sasa.
  • #451
  • Jul 19, 2012 6:11am Jul 19, 2012 6:11am
Hi Folks,

I moved from symphonie to genesis matrix. really cool system!
Many thanks to all developers!

I used 3 genesis matix 5min, 15min, 30min on 5min Chart.
At the crasy wings in the morning 57Pips. Not bad.
Attached Image (click to enlarge)
Click to Enlarge Name: genesis_trades.png Size: 92 KB
  • #452
  • Jul 19, 2012 6:13am Jul 19, 2012 6:13am
Quoting bubola
sure, here it is
Hi Gang!

My first post in this thread. Been following from the beginning trying to get a feel for system. Me likey!!!

My nube question is about the MTF Stoch indy. I can't seem to figure out how to get M5 and M15 in the same panel. Any help would be greatly appreciated.

Bogie
  • #453
  • Jul 19, 2012 6:18am Jul 19, 2012 6:18am
Quoting genaja
Hi Folks,

I moved from symphonie to genesis matrix. really cool system!
Many thanks to all developers!

I used 3 genesis matix 5min, 15min, 30min on 5min Chart.
At the crasy wings in the morning 57Pips. Not bad.
+57.......Not bad at all
Doing what you like is Freedom. Liking what you do is Happiness.
  • #454
  • Jul 19, 2012 6:23am Jul 19, 2012 6:23am
Quoting genaja
Hi Folks,

I moved from symphonie to genesis matrix. really cool system!
Many thanks to all developers!

I used 3 genesis matix 5min, 15min, 30min on 5min Chart.
At the crasy wings in the morning 57Pips. Not bad.
Hey how do you add the MTF Genesis indi?
  • #455
  • Jul 19, 2012 6:23am Jul 19, 2012 6:23am
One thing I've noticed after acquiring the mtf stoch...

Look at the 15 min stoch on most genesis signals....usually its rising/falling in the right direction.....regardless of what the 5 min stoch is doing, if you'd have taken the signals where the stoch is rising/falling from the lower/higher regions of the stoch...you'd have made a significant number of pips...

Not saying this is a revelation....not saying no one else has thought of this...just an observation currently....perfect example at the moment on the E/U...stoch is oversold on 5 min...yet heading down on 15 min...yes price stopped at the monthly low and the 15 min stoch hadn't come from a high region as such.....but.....price has gone down following genesis...

I'd like some feedback on this....good or bad...as I say its an observation, nothing more at this time...just seems to work nearly all the time.

Mr P
  • #456
  • Jul 19, 2012 6:25am Jul 19, 2012 6:25am
Dakuki PM'd me in regards to the higher time frames trading. I cannot post a screenshot in a PM so I will post here. Maybe someone else can also benefit from this or maybe get a idea for their own trading.

Here is my thought process:

1. Weekly chart:
- I have a 5 and 8 EMA (no shift and typical) plotted that I can quickly gauge the trend. (The white arrows in my chart is where the 5 and 8 EMA cross) Remember the weekly trend is not going to change anytime soon as it is very very strong. This trend change was from late April.

- You can also see Genesis is showing down.

2. Daily Chart: (This is my main trading time frame)
- Then I go to Daily and look for a short entry.
- As you can see we also had the EMA 5&8 cross again to down side (positive sign)
- Genesis also crossed down (This would signal a entry for me)
(One note: I live in South Africa (GMT+2) and my broker is in Australia so the daily candle changes for me at 2am local time. Due to me also still having a 9-5 job I am not eager to stand up at that time)

So the question comes in what do I do....... well that is easy.

When I wake up in the morning I quickly look at the 4H and lower charts to get a entry with lower SL.

3. 4H Charts
- As you can see we already had a signal on the 4H charts so you either wait for another signal on the 4 hour or you go to a lower chart for another signal.

4. 1H Charts
- Now we are in business.
- Stoch coming from high (positive)
- Price moving below 5EMA (positive)
- Genesis lining up (PULL the trigger)

or let us take it one step further

5. 15 Min chart
- Stoch already a bit low (negative but the higher time frames is backing me up)
- Genesis lining up (WHY WOULD YOU NOT TO PULL THE TRIGGER HERE)

So for +- 25 pips SL from the last Swing high, I got 242 pips profit.
That is almost 1:10 risk to reward.

Plan your trade....... and then trade the hell out of that plan.
Attached Image (click to enlarge)
Click to Enlarge Name: Genesis.jpg Size: 105 KB
  • #457
  • Jul 19, 2012 6:29am Jul 19, 2012 6:29am
Quoting Immvp
Hey how do you add the MTF Genesis indi?
Attach multiple instances of GenesisMatrix to the chart.

When you attach the matrix to the chart, click on the Inputs tab and change the TimeFrame.Period property to the higher time frame you want.

You should only type in higher time frames relative to the chart you are attaching it to.

A TimeFrame.Period of 0 means the current chart's Period().
  • #458
  • Jul 19, 2012 6:33am Jul 19, 2012 6:33am
Quoting Mr Pippy
One thing I've noticed after acquiring the mtf stoch...

Look at the 15 min stoch on most genesis signals....usually its rising/falling in the right direction.....regardless of what the 5 min stoch is doing, if you'd have taken the signals where the stoch is rising/falling from the lower/higher regions of the stoch...you'd have made a significant number of pips...

Not saying this is a revelation....not saying no one else has thought of this...just an observation currently....perfect example at the moment on the E/U...stoch is oversold on 5 min...yet...
There is many ways to interpret the stoch.....it has been around since 1950, so I don't think we will be able to discover anything new!! It's good that you are noticing these things, they will help you understand the stoch and the pa better
Doing what you like is Freedom. Liking what you do is Happiness.
  • #459
  • Jul 19, 2012 6:33am Jul 19, 2012 6:33am
Quoting Mr Pippy
One thing I've noticed after acquiring the mtf stoch...

Look at the 15 min stoch on most genesis signals....usually its rising/falling in the right direction.....regardless of what the 5 min stoch is doing, if you'd have taken the signals where the stoch is rising/falling from the lower/higher regions of the stoch...you'd have made a significant number of pips...

Not saying this is a revelation....not saying no one else has thought of this...just an observation currently....perfect example at the moment on the E/U...stoch is oversold on 5...
http://img201.imageshack.us/img201/9...tochtheory.jpg
  • #460
  • Jul 19, 2012 6:34am Jul 19, 2012 6:34am
Quoting Krypty
Dakuki PM'd me in regards to the higher time frames trading. I cannot post a screenshot in a PM so I will post here. Maybe someone else can also benefit from this or maybe get a idea for their own trading.

Here is my thought process:

1. Weekly chart:
- I have a 5 and 8 EMA (no shift and typical) plotted that I can quickly gauge the trend. (The white arrows in my chart is where the 5 and 8 EMA cross) Remember the weekly trend is not going to change anytime soon as it is very very strong. This trend change was from late April.

- You can also...
Nice one Krypty
.... laughing all the way to the bank
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