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Genesis Matrix Trading

  • #3,661
  • Sep 4, 2012 12:55pm Sep 4, 2012 12:55pm
Quoting rockrobb
Very interesting...because we've had every discussion/tools/strategy about forex but amazing ignorance when it's about stock indices (commodities as well)
Hey Rockrobb,
As far as indices are concerned, The Dow/S&P/Dax (US30/US500/DE30) tend to give the more reliable signals (I avoid the Nasdaq though).
Commodities: Crude Oil (WTI) or Brent (B) are good for many pips but you need to consider your leverage because the SL required are bigger than for most FX pairs (today for example, on M15 TF, you would have needed a 50+ SL but it 'showed' you 180+ pips at one stage and you'd still have had 120+ even if you waited for an opposite M5 signal). Other ones are Gold & Silver but the PA can be quite erratic and I fail to achieve any real consistency on these 2, so if anyone has got a good/slightly different setup that works on either, please let me know
  • #3,662
  • Sep 4, 2012 1:01pm Sep 4, 2012 1:01pm
Quoting thinK1234
Always when a arrow appears, the sound alert comes only when the next candle has closed. I think thats the system lol but i often get a bad entry because of that
Please keep in mind that this system doesn't out rule the trader, it merely helps to locate entries. In my opinion as time goes, you will get better at it.

Read back a bit, there couple of screenshots in here thread where a full day is under scope, checking each signal. I like the system, but the experience and advice you can get in this thread is just... priceless. So you need to find the time to read it back.
  • #3,663
  • Sep 4, 2012 2:42pm Sep 4, 2012 2:42pm
Quoting thinK1234
hi,

i am from germany and i use genesis now for some weeks. Sometimes awesome pips sometimes not lol .. but i will test it a bit more and maybe i get a nice setup.

But one Question ... whatever timeframe i use, i think the "arrows" are repainting one candle. Always when a arrow appears, the sound alert comes only when the next candle has closed. I think thats the system lol but i often get a bad entry because of that

And than another point ... i downloaded the system month ago, and i dont know if its actually or u maybe updated it the...
Any updates are put in Post number 1. Also with regard to the arrow, we have said many times that we don't wait for that if the setup is good and genesis has signalled then we go in, taking into account the stochs (m5 and m15). Also, the sound alert for the arrow goes off when the current candle has closed, not the candle after.
  • #3,664
  • Edited 3:04pm Sep 4, 2012 2:46pm | Edited 3:04pm
My friend and I are programming the Matrix in to an ea that will trade for us. It will take every 5 min signal through out session unless it has met its profit goal, which will be whatever you decide, for us its 10 pips a day. This is not saying the ea will quit exactly at 10 pips, if the first trade of the day is 80 pips from signal to signal then its done for the day after that trade. It will only accept signals from 1 hour before Euro session til London close. The good thing is this ea will never draw down very big and seems to almost always come out positive at the end of the day. We are working on a scaling system as well to lock in profit. I can not trade every day due to the fact that I am in the U.S. so Euro session starts at 1 am for me. We should have a final version done by the end of this week and I will start back testing. I think this will be a great way for me to catch some pips when I am unable to be at the computer from 1 am to 10 am. I will be using this exclusively on eur/usd.
  • #3,665
  • Sep 4, 2012 3:41pm Sep 4, 2012 3:41pm
Congratulations to all team members of Genisis matrix. Job well done. I wanted to share a chart to show how one could be caught in the middle of a trade without first looking to see where all our pivots, ma, s/r, whatever one is using before placing a trade even though everything is in agreement on the genisis tape. We all need to be diciplined and have patience, wait for the correct setup and bag those pips.
Happy Trading
PC
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  • #3,666
  • Sep 4, 2012 5:01pm Sep 4, 2012 5:01pm
Thanks to the all Team for a very valuable indicator!!

The thing is that I would like to use other arrows in a genesis strategy, but those does not show a signal alert.

Could you tell me please, how to set it up?

Alternatively, maybe you know a software which allows to set up signal alerts for the different indicator's actions (like two stohastic's crosses or a particular limit achievement) apart from the arrows?

Much appreciate your help.

Thank you.
  • #3,667
  • Sep 4, 2012 6:13pm Sep 4, 2012 6:13pm
Quoting thinK1234
hi,

i am from germany and i use genesis now for some weeks. Sometimes awesome pips sometimes not lol .. but i will test it a bit more and maybe i get a nice setup.

But one Question ... whatever timeframe i use, i think the "arrows" are repainting one candle. Always when a arrow appears, the sound alert comes only when the next candle has closed. I think thats the system lol but i often get a bad entry because of that

And than another point ... i downloaded the system month ago, and i dont know if its actually or u maybe updated it the...
You have "no time to read all the posts", yet you want me to waste *my* time answering questions that have already been answered many times already.

Get this.... The Arrows DO NOT AND CAN NOT REPAINT. NOTHING IN THE GENESIS SYSTEM REPAINTS.........ARE WE CLEAR?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,668
  • Sep 4, 2012 6:16pm Sep 4, 2012 6:16pm
Quoting 10518
Thanks to the all Team for a very valuable indicator!!

The thing is that I would like to use other arrows in a genesis strategy, but those does not show a signal alert.

Could you tell me please, how to set it up?

Alternatively, maybe you know a software which allows to set up signal alerts for the different indicator's actions (like two stohastic's crosses or a particular limit achievement) apart from the arrows?

Much appreciate your help.

Thank you.
If you go to the settings of the arrow supplied in Post #1, you will see the option there for alerts.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,669
  • Sep 4, 2012 8:26pm Sep 4, 2012 8:26pm
Aussie GDP numbers coming out, could be some trades out of it.
  • #3,670
  • Sep 4, 2012 8:54pm Sep 4, 2012 8:54pm
Quoting mannai70
Aussie GDP numbers coming out, could be some trades out of it.
yeah, but no so much there. the AU short signal only had a TP to S1 (10) and the EA long signal had DP for TP (12). 22 pips in less than 20mins, i guess its okay.
Challenger
  • #3,671
  • Sep 4, 2012 10:22pm Sep 4, 2012 10:22pm
Thannk you for the great job !!! I used to use the Stochastics Wallbys indicatore for almost the same thing. But I had suspect if the indicator is repainting. Would you please tell what do you thing about the Stochastics Wallabys indicatror, Cody_R?

Thanks.

Quoting Cody_R
I thought I posted this, but it seems I didn't.

This is the #MTF Stochastic with the following changes:
[list=1][*]Added extern NextHigherAuto; if the TimeFrame extern is 0 (current period) NextHigherAuto will automatically set the indicator to the next higher time frame. This is useful if you flip timeframes. The MTF stoch will adjust automatically[*]If TimeFrame has a value other than 0 that matches the number of minutes of a valid MT4 chart, NextHigherAuto will set the indicator to the next higher time frame from that. This will not adjust...
Imparo ancora
  • #3,672
  • Sep 5, 2012 12:57am Sep 5, 2012 12:57am
Quoting realjumper
You have "no time to read all the posts", yet you want me to waste *my* time answering questions that have already been answered many times already.

Get this.... The Arrows DO NOT AND CAN NOT REPAINT. NOTHING IN THE GENESIS SYSTEM REPAINTS.........ARE WE CLEAR?

Loud and Clearrr...Sirrr
i worshipped... Momentum
  • #3,673
  • Sep 5, 2012 1:15am Sep 5, 2012 1:15am
Quoting rockrobb
Loud and Clearrr...Sirrr
LOL.....well....FFS how many times to I have to keep repeating the same stuff for muppets who just will not read the information supplied in Post #1, let alone in this thread?

That poster "has no time to read the posts".....yet others have to spend their time to appease him.

I have my hand on the Exit door for him........
Doing what you like is Freedom. Liking what you do is Happiness.
  • #3,674
  • Sep 5, 2012 1:16am Sep 5, 2012 1:16am
Quoting erksa
Thannk you for the great job !!! I used to use the Stochastics Wallbys indicatore for almost the same thing. But I had suspect if the indicator is repainting. Would you please tell what do you thing about the Stochastics Wallabys indicatror, Cody_R?

Thanks.
The stochastic wallabie is just 3 timeframe stochastics overlaying each other, then a line is created which is the average of those 3 timeframes. All indicators that take into account a higher timeframe will change all the while the candle of the higher timeframe is still open. From what I can tell from the video that comes with it, they are mainly looking for divergence with it.
  • #3,675
  • Sep 5, 2012 1:24am Sep 5, 2012 1:24am
Sorry for my English.

M1 and M5
After signal I don`t take position, I wait when stoch m5 go up 30 and only after that I take position
TP on S1
AUDUSD


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  • #3,676
  • Sep 5, 2012 1:27am Sep 5, 2012 1:27am
Thank you for reply. You are right. We can see the divergence more easily in that view. When I tested it with the setup for the TFs M5,M15 (one M5 and two M15 instead of a third TF), it gives interesting results. I think the avarage line can work as a filter according to its place agains the 50 line. When it is under the 50 line I am out of the trade. When it is over the 50 line I am on the trade. But of course I am still testing it.

Just an observation !!


Quoting ohammond
The stochastic wallabie is just 3 timeframe stochastics overlaying each other, then a line is created which is the average of those 3 timeframes. All indicators that take into account a higher timeframe will change all the while the candle of the higher timeframe is still open. From what I can tell from the video that comes with it, they are mainly looking for divergence with it.
Imparo ancora
  • #3,677
  • Sep 5, 2012 1:30am Sep 5, 2012 1:30am
Quoting erksa
Thank you for reply. You are right. We can see the divergence more easily in that view. When I tested it with the setup for the TFs M5,M15 (one M5 and two M15 instead of a third TF), it gives interesting results. I think the avarage line can work as a filter according to its place agains the 50 line. When it is under the 50 line I am out of the trade. When it is over the 50 line I am on the trade. But of course I am still testing it.

Just an observation !!
Looking back on it, if you're looking at the M5 and have the wallabie stochastic set at 1, 5 and 15 it shows divergence pretty well.
  • #3,678
  • Sep 5, 2012 1:31am Sep 5, 2012 1:31am
Seeing divergence on EU 5min now, but not a good place to take action.
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  • #3,679
  • Sep 5, 2012 1:34am Sep 5, 2012 1:34am
Hmm... I never tought about the M1.. I will try that..

Thank you.

Quoting ohammond
Looking back on it, if you're looking at the M5 and have the wallabie stochastic set at 1, 5 and 15 it shows divergence pretty well.
Imparo ancora
  • #3,680
  • Sep 5, 2012 2:24am Sep 5, 2012 2:24am
RJ,

I guess you are riding the EA bull. I'm have been observing it and it makes clear movement that could absorbe the big spread too.
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