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Genesis Matrix Trading

  • #561
  • Jul 20, 2012 4:10am Jul 20, 2012 4:10am
Quoting moodybot
Are you using the M5 timeframe with two instances of the matrix?

ie one set to 5min and one set to 15 min?

If you are then the matrix set to 15min will keep changing untill the 15 min is up, its not repainting.
Set up the template on the 15min and add another matrix set to 5min, now you can see the 5min matrix and just wait for 15 min confirmation, or use 5min and set the other matrix to 1min.
  • #562
  • Jul 20, 2012 4:10am Jul 20, 2012 4:10am
RJ,
How many pips to you let it run before going to breakeven?
  • #563
  • Jul 20, 2012 4:11am Jul 20, 2012 4:11am
Quoting Gt3rs
It's repainting ON THE M5 TIMEFRAME!

Just trying to point something out here to avoid anyone getting into trouble.

I'll say no more on the matter :-)
No its not.

RJ has explained to you about this. You need to wait for the respective timeframe you are watching to close. So if you have a 15 minute timeframe on a 5 minute chart you need to wait for three lots of candles to close starting at the hour.

I still put it to you that this is not repainting.
.... laughing all the way to the bank
  • #564
  • Jul 20, 2012 4:14am Jul 20, 2012 4:14am
Quoting magdelen
RJ,
How many pips to you let it run before going to breakeven?
It depends.....if it's a counter trend trade, or a trade close to a pivot or other s/r area I will move to BE at 10-15 pips, more or less. If it is part of a trend move, I may leave it 20 or 25 pips to allow for any minor pullbacks.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #565
  • Jul 20, 2012 4:17am Jul 20, 2012 4:17am
Quoting Immvp
The matrix repaints on my chart. Anyone else besides me experience this?
What date/time/pair are you seeing this on?
What is your setup for the timeframes?
Please post a screen shot if possible.
Thanks.
--Cody
  • #566
  • Jul 20, 2012 4:17am Jul 20, 2012 4:17am
Repainting indicators are those which even after the candle has closed, will change after the fact to something else. The matrices used on here do not repaint AFTER THE CANDLE is closed. Obviously if you are looking at the 15min matrix on the 5min chart, the 15min candle is still open and so will change until its closed, its as simple as that.
  • #567
  • Jul 20, 2012 4:18am Jul 20, 2012 4:18am
Quoting yelena
china has informed that it will announce it interest rate cut decision today. no time advised.
This should present buying oportunities to buy the Ozzie right?
.... laughing all the way to the bank
  • #568
  • Jul 20, 2012 4:19am Jul 20, 2012 4:19am
Quoting itsallover
This should present buying oportunities to buy the Ozzie right?
Haha, love the username.
  • #569
  • Jul 20, 2012 4:20am Jul 20, 2012 4:20am
Quoting ohammond
Repainting indicators are those which even after the candle has closed, will change after the fact to something else. The matrices used on here do not repaint AFTER THE CANDLE is closed. Obviously if you are looking at the 15min matrix on the 5min chart, the 15min candle is still open and so will change until its closed, its as simple as that.
Exactly right Olivia. That's what I'm driving at. The Genesis Matrix doesn't repaint, once the current candle has closed.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #570
  • Jul 20, 2012 4:20am Jul 20, 2012 4:20am
Quoting ohammond
Repainting indicators are those which even after the candle has closed, will change after the fact to something else. The matrices used on here do not repaint AFTER THE CANDLE is closed. Obviously if you are looking at the 15min matrix on the 5min chart, the 15min candle is still open and so will change until its closed, its as simple as that.
Lawdy,
This repainting business will be the death of us. Jeez.
.... laughing all the way to the bank
  • #571
  • Jul 20, 2012 4:22am Jul 20, 2012 4:22am
Quoting 2+2=4ex
Haha, love the username.
... yours aint too shabby either
.... laughing all the way to the bank
  • #572
  • Jul 20, 2012 4:23am Jul 20, 2012 4:23am
Quoting moodybot
If you are then the matrix set to 15min will keep changing untill the 15 min is up, its not repainting.
Set up the template on the 15min and add another matrix set to 5min, now you can see the 5min matrix and just wait for 15 min confirmation, or use 5min and set the other matrix to 1min.
You should only set the time frame to a higher value than the chart of attachment, not lower. So if you want the M5 and M15, the time period of the chart should be M5, and the second matrix set to 15 (or just Auto = 1).
  • #573
  • Jul 20, 2012 4:24am Jul 20, 2012 4:24am
Quoting itsallover
Lawdy,
This repainting business will be the death of us. Jeez.
It's like I said in Post #1. The Genesis Matrix does not repaint once the current candle is closed. End of story.

If you put an M15 Matrix on an M5 chart, it will appear to fluctuate until the M15 candle has closed, then the Matrix for that candle is set in concrete!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #574
  • Jul 20, 2012 4:25am Jul 20, 2012 4:25am
Quoting realjumper
It's like I said in Post #1. The Genesis Matrix does not repaint once the current candle is closed. End of story.

If you put an M15 Matrix on an M5 chart, it will appear to fluctuate until the M15 candle has closed, then the Matrix for that candle is set in concrete!
.... um I know that darling.

Look at my post on the previous page.
.... laughing all the way to the bank
  • #575
  • Jul 20, 2012 4:27am Jul 20, 2012 4:27am
Quoting itsallover
.... um I know that darling.

Look at my post on the previous page.
Yup.....I was just concurring with you to try and ram the point home to those that think that Genesis repaints.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #576
  • Jul 20, 2012 4:29am Jul 20, 2012 4:29am
Quoting futurespeter
EURUSD short, EP 1.2264x
Exit at 1.2259x for 5 pips profit.
  • #577
  • Jul 20, 2012 4:30am Jul 20, 2012 4:30am
Quoting realjumper
Yup.....I was just concurring with you to try and ram the point home to those that think that Genesis repaints.
oh alright.
I didn't want to be on the wrong side lol when the missiles come flying.
.... laughing all the way to the bank
  • #578
  • Jul 20, 2012 4:30am Jul 20, 2012 4:30am
Another fail trade (Why only happens on me???!! )

Reason : 1, its already after red news

2, Pivot fail

3, Stoch falling from 80

4, Signal vaild

5, resistance from 1.5700

6, Trend is down
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 20-2 fail.gif Size: 26 KB
  • #579
  • Jul 20, 2012 4:34am Jul 20, 2012 4:34am
Quoting frontline141
Another fail trade (Why only happens on me???!! )

Reason : 1, its already after red news

2, Pivot fail

3, Stoch falling from 80

4, Signal vaild

5, resistance from 1.5700

6, Trend is down


Also PA is on very strong support so you'd need to alot of momentum to trade short.
.... laughing all the way to the bank
  • #580
  • Jul 20, 2012 4:34am Jul 20, 2012 4:34am
Quoting frontline141
Another fail trade (Why only happens on me???!! )

Reason : 1, its already after red news

2, Pivot fail

3, Stoch falling from 80

4, Signal vaild

5, resistance from 1.5700

6, Trend is down
I think someone mentioned this to you yesterday, you keep saying why does it only happen to you, and yesterday and again today I will say.....Look at the M15 stoch before you go in.
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