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Genesis Matrix Trading

  • #5,481
  • Oct 10, 2012 3:06am Oct 10, 2012 3:06am
Quoting Martyfish
Excellent party time !!

EJ and GU longs this morning

Both had M5 arrows and tape

Closed both just now
Great stuff Martyfish. You're quite the pipmonster
.... laughing all the way to the bank
  • #5,482
  • Oct 10, 2012 3:20am Oct 10, 2012 3:20am
Quoting itsallover
Great stuff Martyfish. You're quite the pipmonster

thx IAO,

I take no credit at all, I just trade Genesis signals.

Its the Genesis team that deserve all the credit
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #5,483
  • Oct 10, 2012 3:54am Oct 10, 2012 3:54am
Took this long because:
1. good both stochs
2. Genesis
3. Bounce from S1
4. Candle opened and closed clear above MA

Few candles later price retested S1 what made me much more sure about this entry.
Closed on SL
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  • #5,484
  • Oct 10, 2012 4:03am Oct 10, 2012 4:03am
Quoting iwan73
Took this long because:
1. good both stochs
2. Genesis
3. Bounce from S1
4. Candle opened and closed clear above MA

Few candles later price retested S1 what made me much more sure about this entry.
Closed on SL
The trade was massively counter to the trend. If you must trade against the trend, you need to be ready to exit the moment the trend resumes....or at break even.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,485
  • Oct 10, 2012 4:07am Oct 10, 2012 4:07am
Quoting wiz3003
You can find all the Genesis tools here :
Genesis Matrix Trading System Tools by Xaphod

Anyway enclosed the indi.

ciao

wiz
thanks I put everything but I find it difficult to enter the matrix segnal
grazie ho messo tutto ma ho difficoltà ad inserire il matrix segnal
Attached Image
  • #5,486
  • Oct 10, 2012 4:16am Oct 10, 2012 4:16am
Quoting braciola
thanks I put everything but I find it difficult to enter the matrix segnal
grazie ho messo tutto ma ho difficoltà ad inserire il matrix segnal
What kind of issue?
Che tipo di problema?

Did you follow the installation procedure?
Hai seguito il processo d'installazione?

Installation

Copy these indicators to the ‘../experts/indicators/’ folder:
GMTS-Signals.mq4
TVI.mq4
GannHiLo-Histo.mq4
T3MA-Basic.mq4
Copy these indicators to the ‘../experts/libraries/’ folder:
MatrixBridge.dll
Copy these indicators to the ‘../experts/files/’ folder:
MatrixSignals.exe
MatrixAlert.wav
Restart MT4.

Load GMTS-Signals onto a chart to start the indicator.
You control how you trade; the market controls how and when you'll get paid
  • #5,487
  • Edited 4:56am Oct 10, 2012 4:45am | Edited 4:56am
GU sell signal,PP is resistance level. Let's see what will happen next.

Edit: manually stop that trade. -5pips. I don't feel comfortable with this PA.
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  • #5,488
  • Oct 10, 2012 4:52am Oct 10, 2012 4:52am
Hey Frenetic, just curious why you waited for that entry instead of the bar following the sell signal?

GL
Enter Signature
  • #5,489
  • Oct 10, 2012 4:57am Oct 10, 2012 4:57am
Quote
Hey Frenetic, just curious why you waited for that entry instead of the bar following the sell signal?

Sorry but I don't quite understand what you are trying to say
  • #5,490
  • Oct 10, 2012 5:00am Oct 10, 2012 5:00am
Is your sell entry not the red vertical line at 12:25?

Yet the sell arrow came 10 bars earlier... why did you wait to enter untill 12:25?
Enter Signature
  • #5,491
  • Oct 10, 2012 5:01am Oct 10, 2012 5:01am
Quoting iwan73
Took this long...
Your original entry was against the downtrend but you got the rest of Genesis spot on.
4 things:
1) a more cautious trader might have waited for the PA to at least turn a bit and show a Higher Low (HL)
2) by the time you got your HL and the next Genesis signal (vertical blue line), M15 Stox was still fine and rising but M5 Stox had already been in OB territory ---> more caution, it's not looking like a HPT
3) 3 or 4 candles later, you get a M5 bearish stox divergence (white lines) ---> even more caution (maybe tighten SL to BE or take some profit)
4) you then get a Short Genesis signal (yellow line)
For Short: M5 stox great, just been in OB + bearish divergence
Against Short: M15 stox hasn't reached OB territory and was still pointing up at the close of the 10.10 candle - S1 support close by.
While it's not a perfect Short, there are even more things now that are against your original Long position ----> close now for 1-2 pips or definitely SL@BE
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  • #5,492
  • Oct 10, 2012 5:03am Oct 10, 2012 5:03am
Quoting frenetic
GU sell signal,PP is resistance level. Let's see what will happen next.

Edit: manually stop that trade. -5pips. I don't feel comfortable with this PA.
You have the wrong settings on your market open times indicator, you need to change them. Where you have euro open, that should be London open and an hour before that is Eur open.
  • #5,493
  • Oct 10, 2012 5:05am Oct 10, 2012 5:05am
Ok i understand now.

As you can see, the last time we had a genesis signal line up, 5M stoch is already at 20 line (OS level) and 15M stoch was still quite flat and not came down from 80 line yet so IMO it's not high probability trade. So I just move on and wait for another trade. But yeah, I have pretty bad experienced with GU. It's not as friendly as EU or EJ and it will " kill" you most of the time.... My opinion though
  • #5,494
  • Oct 10, 2012 5:05am Oct 10, 2012 5:05am
Frenetic, i think that your vertical lines indicating Fank and London open are adjsted not properly. They should be moved 1 hour earlier.
On your broker time zone ( i see it is GMT+2) Fra open is at 9 and London at 10.
  • #5,495
  • Oct 10, 2012 5:07am Oct 10, 2012 5:07am
My broker is GMT +3 and I just tried Market open line few hours ago so yeah maybe I have to adjust it....
  • #5,496
  • Oct 10, 2012 5:12am Oct 10, 2012 5:12am
It seems G/U likes to go a little more whipsaw from time to time... however, it did start to roll in the direction of the signal and your trade after a little funny business.

We'll get'm next time!
Enter Signature
  • #5,497
  • Oct 10, 2012 5:13am Oct 10, 2012 5:13am
Quoting frenetic
My broker is GMT +3 and I just tried Market open line few hours ago so yeah maybe I have to adjust it....
If you are GMT +3 you need your Eur open line at 9am and London open at 10 am. Until of course we change from British Summer Time to normal GMT in a couple of weeks
  • #5,498
  • Oct 10, 2012 5:14am Oct 10, 2012 5:14am
Quote
GU sell signal,PP is resistance level. Let's see what will happen next.

And there it go again,without ME. I should hold onto that trade ... But yeah,move on with no hard feeling. And maybe I will never trade GU again in my life,....
  • #5,499
  • Oct 10, 2012 5:16am Oct 10, 2012 5:16am
Quote
If you are GMT +3 you need your Eur open line at 9am and London open at 10 am. Until of course we change from British Summer Time to normal GMT in a couple of weeks

Thanks a lot ohammond. Will change it in a couple of time
  • #5,500
  • Oct 10, 2012 5:27am Oct 10, 2012 5:27am
Quoting frenetic
And there it go again,without ME. I should hold onto that trade ... But yeah,move on with no hard feeling. And maybe I will never trade GU again in my life,....
frenetic,

While it isnt standard Genesis trade criteria, the GU H1 chart is very bullish.

But, yes very choppy.

Choppy PA indicates to me a possible retracement move??
I am a fallible imperfect person; so I must be a fallible imperfect trader.
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