Thanks Thoughts for taking your time in explaining me this. The main reason i asked this question is that, Since in the PDF it was mentioned as
I assumed that taking orders on the direction of the M15 arrow was the most profitable strategy (I did some back testing and it does seem to be more profitable and helps a lot in identifying some bad signals. It misses some good trades though.)
But most of the example trades i saw in the thread were not following this and i got confused. Thanks again for clarifying this to me.
QuoteDislikedThis entry is the same as standard one but we use M15 arrow as a filter and we enter in the market only in the direction of the M15 arrow. As you can see from the following statistics, this increases the return of the system using either exit strategy.
I assumed that taking orders on the direction of the M15 arrow was the most profitable strategy (I did some back testing and it does seem to be more profitable and helps a lot in identifying some bad signals. It misses some good trades though.)
But most of the example trades i saw in the thread were not following this and i got confused. Thanks again for clarifying this to me.
DislikedHello insainty,
The more experienced traders have unique ways of trading with the Matrix, as well as using the 'standard' model. The 'standard' method is found in mostly RJ's posts.
The '3' MTF arrow strategy you're referring to was initiated by Yelena (who I'm expecting back from holidays soon); I suspect this trading style (which seems similar to how Martyfish trades); basically surfing the waves of Higher Time Frame Momentum; is profitable but isnt really the basic Genesis M.O.
The Basic M5 Genesis Method:
* 4 'Lights'
* great M5...Ignored
