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Genesis Matrix Trading

  • #7,221
  • Nov 12, 2012 8:17am Nov 12, 2012 8:17am
Quoting ttaro27
Is the meetings are only today or it continu or many day?
Don't worry regarding the daily range. No market movers + bank holiday in USA + CAD this is an usual picture of the day where there is just a move at the opening of Europe and then nothing. It's a movie I have just seen hundreds of time
  • #7,222
  • Nov 12, 2012 2:28pm Nov 12, 2012 2:28pm
Quoting realjumper
None of the indicators repaint......that was a big issue for many people and there is nothing on the Genesis system that repaints, once the current candle has closed.

As you read through the thread you will see this issue raised a couple of times and you will see from the developers that these indicators do not, and can not repaint.

Welcome to the thread

thank you for your quick response and precise realjumper.

I trade on crude, gold and brent with a graph renko, I hope that the matrix will give me good signals.

thank you again for the work of all stakeholders.

greeting of France
  • #7,223
  • Nov 12, 2012 2:49pm Nov 12, 2012 2:49pm
Quoting snoop34
thank you for your quick response and precise realjumper.

I trade on crude, gold and brent with a graph renko, I hope that the matrix will give me good signals.
thank you again for the work of all stakeholders.

greeting of France
The Indicators give you good signals at the same level your trading knowledge is.
So much better you are, so more exact is the Matrix.

Expecting 80 %? accurate Matrix Signals with hoping,
and thats not against you, generally

is the wrong way..
How to opt out annoying user signatures ??
  • #7,224
  • Nov 12, 2012 3:39pm Nov 12, 2012 3:39pm
From my own testing, strict adherence to system rules means you never miss the good trades, but you can and do get into bad trades. The bad trades are much more frequent than the good ones, and cumulative points are negative on most days. Subjective input can easily sway the balance in your favor... However, I do believe the system is only a few more objective filters away from being profitable without subjective input.

Any suggestions on how to further filter the entries objectively is much appreciated.
  • #7,225
  • Nov 12, 2012 3:59pm Nov 12, 2012 3:59pm
Quoting Barbaresco
From my own testing, strict adherence to system rules means you never miss the good trades, but you can and do get into bad trades. The bad trades are much more frequent than the good ones, and cumulative points are negative on most days. Subjective input can easily sway the balance in your favor... However, I do believe the system is only a few more objective filters away from being profitable without subjective input.

Any suggestions on how to further filter the entries objectively is much appreciated.
How about posting some charts to support your claims?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,226
  • Nov 12, 2012 6:26pm Nov 12, 2012 6:26pm
Quoting realjumper
How about posting some charts to support your claims?
My post wasn't meant to criticize. I think the system is very promising and liked it enough to write an EA for it. However, I thought it a given that some subjectivity was required to make the system profitable. I will put together a chart for explanation, but in the meantime please clarify if you find the system profitable with purely objective inputs? If so, I may have interpreted one or more nuances incorrectly.
  • #7,227
  • Nov 12, 2012 7:44pm Nov 12, 2012 7:44pm
Hey, I was reading the pdf file and found it very interesting! I have one question though. According to the test, the entry signals were taken as per the standard rules, but this means that there was no discretion? Like if price is to close to the pivot or daily S/R or round number to take a trade against that benchmark, no analysis of S/R zones on higher time frames, trendlines, flags, penants, etc... or you applied all of your trading experience to the test?

I assume that you don't trade some minutes before news, but if right after the news you get all the indicators aligned, would you take the trade?
  • #7,228
  • Nov 12, 2012 9:12pm Nov 12, 2012 9:12pm
Quoting Barbaresco
My post wasn't meant to criticize. I think the system is very promising and liked it enough to write an EA for it. However, I thought it a given that some subjectivity was required to make the system profitable. I will put together a chart for explanation, but in the meantime please clarify if you find the system profitable with purely objective inputs? If so, I may have interpreted one or more nuances incorrectly.
There's nothing to clarify.....just read the thread!!

If you are going to categorically state "bad trades outweigh the good trades"......back up your statement with charts please. Otherwise, it's just noise.

You say you have done all this testing....fine.....lets see the evidence please.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,229
  • Nov 12, 2012 11:51pm Nov 12, 2012 11:51pm
Short EU
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 17 KB
  • #7,230
  • Nov 12, 2012 11:58pm Nov 12, 2012 11:58pm
Quoting werther
Short EU
where was your initial stop on this one?
  • #7,231
  • Edited Nov 13, 2012 12:48am Nov 12, 2012 11:59pm | Edited Nov 13, 2012 12:48am
Good day. What can you say about EJ seeing something close to sell signal @ S3 and the last ATR projections is close to round number?
  • #7,232
  • Nov 13, 2012 12:00am Nov 13, 2012 12:00am
Quoting sidefx
where was your initial stop on this one?
He is trading without a sl as you can see. This is not a good idea as it is exactly how I blew out 2 accounts in my newbie days!
  • #7,233
  • Nov 13, 2012 12:10am Nov 13, 2012 12:10am
It didnīt hit my Stop because it didnīt closed above the last swing + EURYEN wasnīt making a HH + there is a pivot point,so Iīm still IN!
Quoting Jandre
He is trading without a sl as you can see. This is not a good idea as it is exactly how I blew out 2 accounts in my newbie days!
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 20 KB
  • #7,234
  • Nov 13, 2012 12:16am Nov 13, 2012 12:16am
Quoting rotmos
Good day. What can you say about EJ seeing something close to sell signal @ S3 and ATR projections?
I would like to hear what are the experiences with such a situation like that. Too risky for me but maybe playable when a strong trend is on (like now? )
  • #7,235
  • Nov 13, 2012 12:18am Nov 13, 2012 12:18am
Taking a short on AU M5.....Genesis + Pivot rejection
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,236
  • Nov 13, 2012 12:20am Nov 13, 2012 12:20am
Quoting werther
It didnīt hit my Stop because it didnīt closed above the last swing + EURYEN wasnīt making a HH + there is a pivot point,so Iīm still IN!
So you turned your stop level to black in mt4's properties?
  • #7,237
  • Nov 13, 2012 12:25am Nov 13, 2012 12:25am
Quoting werther
Short EU
I took the stop loss
  • #7,238
  • Nov 13, 2012 12:30am Nov 13, 2012 12:30am
Quoting realjumper
Taking a short on AU M5.....Genesis + Pivot rejection
Not afraid of the BRN ?
Please Do Not PM Me With Coding Enquiries
  • #7,239
  • Nov 13, 2012 12:31am Nov 13, 2012 12:31am
Short EU.Taking some profits!!
Iīm learning the system.Iīm trading only microlots or demo and putting the stops and targets mentally(maybe itīs not the best thing to do).

Anyway I think this was a very nice GENESIS SETUP !
Quoting Jandre
So you turned your stop level to black in mt4's properties?
  • #7,240
  • Nov 13, 2012 12:31am Nov 13, 2012 12:31am
Quoting Gumrai
Not afraid of the BRN ?
I didn't see it to be be honest
Doing what you like is Freedom. Liking what you do is Happiness.
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