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Genesis Matrix Trading

  • #1,981
  • Aug 10, 2012 6:13pm Aug 10, 2012 6:13pm
Quoting minako
we are discouraged from making forecasts. PA has temporarily nullified you. the recommendation is to exit at pivot prices. i hope you did so at R2 and not at BE +3 (classic case of letting winners become losers).

let's not encourage anymore forecasts. just trade with:
1. genesis signal +
2. your personal filters + (buying above DP or SMA60 or what have you)
3. within the recommended hours
4. then exit as recommended (via pivot numbers)

any system combined with pivots are really formidable. hope, we've seen the last of the weather forecasters....
Yes, precisely.....thank you. There are many, many threads that indulge in predicting and forecasting at FF......this is not one of them!! )
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,982
  • Aug 10, 2012 7:12pm Aug 10, 2012 7:12pm
Just looking back over last nights action.....my computer needed a re-boot at 1.45am so I decided to just shut it down and get some sleep seeing as the market wasn't doing anything much......lol.....10 minutes later the market rallied and Genesis fired off a perfect signal on EU and EJ!! Never mind......the market will be here next week!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,983
  • Aug 10, 2012 7:17pm Aug 10, 2012 7:17pm
Quoting realjumper
Just looking back over last nights action.....my computer needed a re-boot at 1.45am so I decided to just shut it down and get some sleep seeing as the market wasn't doing anything much......lol.....10 minutes later the market rallied and Genesis fired off a perfect signal on EU and EJ!! Never mind......the market will be here next week!!
And many happy green pips were made!
  • #1,984
  • Aug 10, 2012 7:22pm Aug 10, 2012 7:22pm
Quoting Cody_R
And many happy green pips were made!
Ahhh.....good for you Cody, I'm glad you caught the rally, it's satisfying to know that someone caught the pips because it was a textbook easy trade. I rolled my eyes and smiled when I saw the timing of the rally this morning.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,985
  • Aug 10, 2012 7:28pm Aug 10, 2012 7:28pm
Quoting realjumper
Ahhh.....good for you Cody, I'm glad you caught the rally, it's satisfying to know that someone caught the pips because it was a textbook easy trade. I rolled my eyes and smiled when I saw the timing of the rally this morning.....
I turned off my computer when I got out of those trades. I wasn't going to give back any of it and it was Friday with light volume.
  • #1,986
  • Aug 10, 2012 7:36pm Aug 10, 2012 7:36pm
Quoting Cody_R
I turned off my computer when I got out of those trades. I wasn't going to give back any of it and it was Friday with light volume.
Yeah...that's the way.

Have a great weekend
Doing what you like is Freedom. Liking what you do is Happiness.
  • #1,987
  • Aug 10, 2012 7:39pm Aug 10, 2012 7:39pm
Quoting realjumper
Have a great weekend
You too, RJ!
  • #1,988
  • Aug 10, 2012 8:19pm Aug 10, 2012 8:19pm
Quoting angel_forex
hi gtudor ... could you say anything about the stochastic indicator that u are using .... i tried to edit mine but the buy green and sell red is not shown .. would u favour telling how do u do that.... 3rd post to u ... plz do answer..
its the supertrendline (STL) the 2nd row of the symphonie matrix, which is also the 2nd row of Genesis. both are CCI's

the differences:
1. STL considers the threshold of the cci in the symph matrix. it does not in Genesis.
2. STL has 60 for setting, Genesis has 20.

the main function of the the STL is for exits (exit #2 of symph thread), stay until the color changes. if you look at his picture, you'll see that Genesis gave you better exits and better entries (2nd row of Genesis vs STL)

the STL is meant for days when PA refuses to pull back, like last week's friday trade. however, that occurrence only happens once a month nowadays. Genesis is meant for the intraday trader to get the meat of the daily ranges and not get out at +3 just because one has a bias or blindly following the cci.

we've spent a long tie with symph and realized along the way that the most profitable exits are via the pivot points. i.e for yesterday's short, yesterday's low.

you can liquidate 50% at the first pivot. then lock the remainder at +3. that way, the trade will never become a loser. happy weekend.
  • #1,989
  • Aug 10, 2012 8:36pm Aug 10, 2012 8:36pm
Quoting yelena
its the supertrendline (STL) the 2nd row of the symphonie matrix, which is also the 2nd row of Genesis. both are CCI's

the differences:
1. STL considers the threshold of the cci in the symph matrix. it does not in Genesis.
2. STL has 60 for setting, Genesis has 20.

the main function of the the STL is for exits (exit #2 of symph thread), stay until the color changes. if you look at his picture, you'll see that Genesis gave you better exits and better entries (2nd row of Genesis vs STL)

the STL is meant for days when PA refuses to pull...
Thanks, Yelena! I couldn't find anything to fit it. Glad you recognized it!
  • #1,990
  • Aug 10, 2012 9:11pm Aug 10, 2012 9:11pm
Quoting realjumper
The Market Open Times indi (link on Post #1) shows the open and close of the markets. You'll have to adjust the indi to suit your brokers time, and of course you'll have to do this again as your broker heads into and out of day light saving time. You can see on my charts where it draws the green line for Euro Open.....it does this for all markets, I just have them all turned off except Euro open.
Thank you very much for your clear explanation. You really help other people
  • #1,991
  • Aug 11, 2012 2:42am Aug 11, 2012 2:42am
Quoting realjumper
Just looking back over last nights action.....my computer needed a re-boot at 1.45am so I decided to just shut it down and get some sleep seeing as the market wasn't doing anything much......lol.....10 minutes later the market rallied and Genesis fired off a perfect signal on EU and EJ!! Never mind......the market will be here next week!!
Yes, I thought, Friday late afternoon...nothing much will happen so I closed a tough day... and then..BANG-
But interestingly enough, check these 2 1M charts...
There were a couple of half decent swings all day...and then a very very long ranging market...followed by a decent short, and a huge long....
My lesson to learn: often, after extreme ranging periods, energy accumulates and a big move follows.
Happy weekend to everyone.
Attached Image (click to enlarge)
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  • #1,992
  • Aug 11, 2012 2:43am Aug 11, 2012 2:43am
check this after
  • #1,993
  • Aug 11, 2012 2:44am Aug 11, 2012 2:44am
here it is
Attached Image (click to enlarge)
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  • #1,994
  • Aug 11, 2012 4:27am Aug 11, 2012 4:27am
Quoting realjumper
Ahhh.....good for you Cody, I'm glad you caught the rally, it's satisfying to know that someone caught the pips because it was a textbook easy trade. I rolled my eyes and smiled when I saw the timing of the rally this morning.....
I would have made more money had I not been busy posting charts.
LoL
Look at something long enough, you will eventually get it.
  • #1,995
  • Aug 11, 2012 4:49am Aug 11, 2012 4:49am
Quoting traco1
I would have made more money had I not been busy posting charts.
LoL
That's true but people will appreciate your chart and clear entry explanation + there was also a nice Stox bullish divergence on M15 (quite handy to have as an extra filter/security on a pair like Sterling)
Attached Image (click to enlarge)
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  • #1,996
  • Aug 11, 2012 5:56am Aug 11, 2012 5:56am
Quoting minako
http://www.currencystrengthmeter.com/. there's a video for it if you want to use it fully. but would rather look at charts. i just use it to determine which pairs would be more viable. not affiliated with the owner nor do i get any commission of some sort. but his techniques are sound. combine with genesis, then it saves me the trouble of judging what pairs to take. hope this helps.
Thanks Mink for the link, I didnt notice it.
Look at something long enough, you will eventually get it.
  • #1,997
  • Aug 11, 2012 5:58am Aug 11, 2012 5:58am
Quoting olivierforex
That's true but people will appreciate your chart and clear entry explanation + there was also a nice Stox bullish divergence on M15 (quite handy to have as an extra filter/security on a pair like Sterling)
Hey thanks, yea it was a nice pop up on most euro pairs. We will see what next week brings.
Look at something long enough, you will eventually get it.
  • #1,998
  • Aug 11, 2012 7:04am Aug 11, 2012 7:04am
Quoting wiz3003
Here my 2 cents.

Recently I missed a couple of important price movements because I followed a rule of thumble (go long if Open > DP and go short if Open < DP)..... in other words this was a inner bias in my mind.
I decided to investigate a little about this and after downloading the last EU 10 years daily data I calculated some simple stats about pivots.
Completely different are S1 and R1. I still need to complete my analysis therefore I can't share it but I will do soon.
Obviously this is just my humble opinion based on numbers.
ciao
wiz
Hi Wiz,
Interesting and dare I say surprising numbers (i have to trust your calculations at this point)...
1) one would have expected that an Open below the DP would result in more down days (C<O) but it turns out to be the opposite.
2) similarly when the Open is above the DP, you'd expect more positive days (C>O) but again it was the opposite.
Obviously this is just my humble opinion based on numbers: numbers & stats like that are more than just a humble opinion, they're facts, backed & backtested with 10 years of historical data.

There goes out of the window the bias that I had with the relationship between the Open level & the DP (at least as far as EU is concerned).

I'm no good at Excel so if I may suggest a few more avenues that you and your spreadsheet skills could explore when you have some 'spare' time:
1) rerun the same on the other commonly traded pairs in here (EY, CY, UC, GU, GY, AU, AY...) to see if we get similar or opposed results.
2) out of more interest to me (and others I presume), would be the stats between the DP & S1/R1 and possibly S2/R2 (ie., if O<DP how often are S1-2/R1-2 reached and similarly when O>DP).

Thanks again: your hard word is appreciated.
Oli
  • #1,999
  • Edited 8:28am Aug 11, 2012 8:10am | Edited 8:28am
Quoting sho
Here you go, guys. I've taken an existing MTF ASCTrend Indicator and modified the parameters. I've tested the signals and they match perfectly with RJ's arrow.

Save both of the indicators in your experts/indicators directory. You only need to load the #MTF_AsciiTrend indicator on your chart and select the signal's timeframe that you want to display on your chart.

Hope you guys find it useful.
Hi Sho,
I had no idea that the Arrow was based on ASCTrend and yes they match perfectly with RJ/Genesis' one.
Also it's a nice touch of you to have coded & chosen a bigger arrow display (with the inside colour set to 'none') so that if M5 (Genesis) & M15 (ASCT) arrive at the same time you can still see both arrows, rather than having one on top of the other.
Thanks a lot, another enhancement much appreciated.
Oli

PS: I've just realised a little problem, common with a lot of MTF indicators....when I use your arrow with M15 TF setting on a M5 chart, your arrow shows up 2 candles too early! Your M15 arrow will give a signal at the end of a 15 minutes candle, for example 12.14.59/12.15.00 but on an M5 chart it appears on the 12.00 candle when it fact it should appear 2 candles later on the 12.10 one (that finishes at 12.14.59). My charts obviously aren't moving at the moment so I can't confirm that it will happen in the same way when they get 'live' again but I think that it will. How easy is it to correct this '2 candles discrepancy' (assuming that I'm correct & that there is a discrepancy) lol ?
  • #2,000
  • Aug 11, 2012 3:40pm Aug 11, 2012 3:40pm
Quoting olivierforex
Hi Sho,
I had no idea that the Arrow was based on ASCTrend and yes they match perfectly with RJ/Genesis' one.
Also it's a nice touch of you to have coded & chosen a bigger arrow display (with the inside colour set to 'none') so that if M5 (Genesis) & M15 (ASCT) arrive at the same time you can still see both arrows, rather than having one on top of the other.
Thanks a lot, another enhancement much appreciated.
Oli

PS: I've just realised a little problem, common with a lot of MTF indicators....when I use your arrow with M15 TF setting on a M5 chart,...
Hi Olivier,

Yeah, the arrow indicators appear and disappear until the TF's candle closes (e.g., sometimes you see a 5 min short signal arrow printing on the 5 min TF only for the PA to reverse long and erase the arrow.) That's why it's important to wait for the candle to close to consider the signal valid.

There should be a way to get the arrow to print only after the candle actually closes. I'll take a look at the source code if you or anyone else is interested.

For now, If you're using the 15 min MTF arrow on the 5 min timeframe, I would only consider the 15 min arrow valid when the 15 min candle actually closes and not before (although you can take the M15 arrow printing early as a possible sign of trend reversal as long as it's in agreement with every other genesis signal/MTF stochs/5 EMA/SL risk-reward/PA failure at pivots).

Hope this helps.
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