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Genesis Matrix Trading

  • #7,641
  • Nov 21, 2012 3:24am Nov 21, 2012 3:24am
Quoting idempotent
Would the ol' "F12" simulator be better?
Pressing F12 in MT4 advances you one candle to the right. So if you apply the template, turn off autoscrolling, scroll back, and then start pressing F12, you can control, in a rough way, the playback speed. Just keep dropping vertical lines when you want to enter and exit.

That way, you get the M15 stoch for free.
Though' I wonder if Xaphod's warning still applies. I suspect it does.
Yes it does. More so. This way all indicators will be tending towards the next closed bar. That is quite an edge.
  • #7,642
  • Nov 21, 2012 3:25am Nov 21, 2012 3:25am
Quoting Jamz
The only thing is they were all BUYS because the matrix held a line clear of red as I scrolled backwards
See http://www.forexfactory.com/showthre...70#post6115670

Scraaaaaarrrk!
  • #7,643
  • Nov 21, 2012 3:41am Nov 21, 2012 3:41am
Quoting Xaphod
Yes it does. More so. This way all indicators will be tending towards the next closed bar. That is quite an edge.
So there's really no easy and effective way to backtest.

I can think of two ways not-so-easy ways. I'll investigate and report back.
  • #7,644
  • Nov 21, 2012 3:46am Nov 21, 2012 3:46am
Quoting idempotent
So there's really no easy and effective way to backtest.

I can think of two ways not-so-easy ways. I'll investigate and report back.
What's wrong with the sim on Post #1 and the stoch settings Xaphod gave??
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,645
  • Nov 21, 2012 3:53am Nov 21, 2012 3:53am
Quoting realjumper
What's wrong with the sim on Post #1 and the stoch settings Xaphod gave??
Oh. Yeah.
  • #7,646
  • Nov 21, 2012 4:24am Nov 21, 2012 4:24am
Has nobody traded these last 2 days?
You know that posting losing trades can be beneficial, you can learn from mistakes. Mind you, not all losing trades are due to mistakes, it's just what happens.

My day with Gold....Only taken on demo

1. 90 minutes before FF open. Long signal. Against the dominant trend, but we have seen a higher low. Stoch had been choppy. Trade immediately moved against me, then went in my favour. Price closed below MA and I got out at B/E
2. FF open. Short trade in direction of dominant trend, stoch very close to oversold. Trade barely managed to get into profit and when candle closed clear of MA, I exited with minus 10 points.
3. Long signal but right on the previous high, maybe a significant resistance level, but I don't know. M15 stoch was moving down so I decided not to take the trade
4. Re-entry signal Long. Once again at the same level as previous signal, now a double top which would indicate that this could be a definite strong resistance level. Shift to M15 and see that a signal is also developing, but been quite a while since stoch was at O/S.
Decide to pass on this trade - DOH!
5, Short signal in a strong Uptrend (M5 chart) - pass
6. Long signal. In no man's land halfway between previous low and Daily pivot. Zoom in on chart and see that DP already acted as resistance. M15 stoch moving down - pass

So I've made a loss of 10 points today and almost ready to shut down for the night.
Not a good day, but really not so bad.
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  • #7,647
  • Nov 21, 2012 4:34am Nov 21, 2012 4:34am
Quoting Gumrai
Has nobody traded these last 2 days?
You know that posting losing trades can be beneficial, you can learn from mistakes. Mind you, not all losing trades are due to mistakes, it's just what happens.
We all make mistakes, and sometimes the market defies us when we did nothing wrong.

No trades for me yesterday but EU and EJ and CJ have been great today to make up for yesterday. I didn't post charts because I'm doing a lot of things at the same time this week......besides.......I'd like to see other people post charts, not just a handful of us regulars.....and yes, that is a hint to you lurkers!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,648
  • Nov 21, 2012 4:48am Nov 21, 2012 4:48am
Am currently in AUDUSD short. It just bounced off S1 with vigour. We shall see if it continues down.

The entry looked near perfect.

Other than that, over the last few days, I've been a bit distracted, and not trading so well.
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  • #7,649
  • Nov 21, 2012 4:57am Nov 21, 2012 4:57am
Quoting idempotent
Am currently in AUDUSD short. It just bounced off S1 with vigour. We shall see if it continues down.

The entry looked near perfect.

Other than that, over the last few days, I've been a bit distracted, and not trading so well.
Yeah I looked at that trade, and the Kiwi as well but they're both pretty much going sideways today. There has been much better options on other pairs. I have nothing open and I'm drinking coffee waiting for USA news and then off to the land of zzzzzzzzzzzzz for me......it's been a good day.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,650
  • Nov 21, 2012 5:06am Nov 21, 2012 5:06am
I have GenesisMatrix 2.21_1 from the post num. 1. I can see in the Jurnal on my platform that almost every tick
custom indicator T3_2ColorHisto is loaded successfully and than removed. I think that it causes slowing down of my platform. Is it a problem in the code.
  • #7,651
  • Nov 21, 2012 5:06am Nov 21, 2012 5:06am
Quoting realjumper
There has been much better options on other pairs.
The Yens? Yes they looked good. But I got to the charts too late
  • #7,652
  • Nov 21, 2012 5:42am Nov 21, 2012 5:42am
Quoting idempotent
Am currently in AUDUSD short. It just bounced off S1 with vigour. We shall see if it continues down.

The entry looked near perfect.

Other than that, over the last few days, I've been a bit distracted, and not trading so well.
You took a short trade, held on to your short trade when genesis indicated a long trade. Then you note that price bounced off of S1 with vigour, giving you another opportunity to exit at B/E'
I can see from my chart that this trade is working out for you, but I really don't understand why you are still in.
Please Do Not PM Me With Coding Enquiries
  • #7,653
  • Nov 21, 2012 5:45am Nov 21, 2012 5:45am
Quoting idempotent
Am currently in AUDUSD short. It just bounced off S1 with vigour. We shall see if it continues down.
.
what is your target? I took this trade also, targeting 1.0325/30
  • #7,654
  • Nov 21, 2012 5:54am Nov 21, 2012 5:54am
Quoting Gumrai
You took a short trade, held on to your short trade when genesis indicated a long trade. Then you note that price bounced off of S1 with vigour, giving you another opportunity to exit at B/E'
I can see from my chart that this trade is working out for you, but I really don't understand why you are still in.
Good points.

Genesis didn't indicate a long - only the matrix did. The stochs were such that you wouldn't have taken a long (or, I wouldn't have). In the past, I've taken a change in the matrix to be a signal to get out, and missed out on good continuations as a result. In my observations, it happens quite a bit that the matrix will indicate the other direction, and yet the trend continues.

The size of the down move over the last few days lead me to have a reasonable expectation that price would continue short. Perhaps that's dangerously close to predicting where it will go. RJ will chastise me if this is so.

Plus, greed kept me shifting my TP down, below S1. After the bounce off S1, my stop was already at BE+a little. It came close to it, but turned back around.

Not saying I'm right to have done all this. Thoughts welcome.
  • #7,655
  • Nov 21, 2012 6:16am Nov 21, 2012 6:16am
Quoting Ati_82
what is your target? I took this trade also, targeting 1.0325/30
I got nearly 1:1 by targetting S1 (1.03550) in the initial order, but shifted TP down, eventually getting 1.03529

16.5 pips
  • #7,656
  • Nov 21, 2012 2:17pm Nov 21, 2012 2:17pm
Quoting Gumrai
Has nobody traded these last 2 days?
You know that posting losing trades can be beneficial, you can learn from mistakes. Mind you, not all losing trades are due to mistakes, it's just what happens.
With plenty on the plate at present I haven't been real active in the forum the past few days.

However, there has been some trades, some good, some not so good.

Take Tuesday for instance, crapola

Then yesterday comes along and I took more than 70 pips out of EJ alone

I have been guilty of over trading at times and have taken the stance that I will only have one trade open at any one time. Until that trade is b/e that will be it. The hardest part is sticking to this. I know RJ has spoken of this before. Sometimes one does not listen

Won't be much trading for me over the coming few days, getting away from it all. Good trading to all
  • #7,657
  • Edited 4:07pm Nov 21, 2012 2:28pm | Edited 4:07pm
Quoting bryce
With plenty on the plate at present I haven't been real active in the forum the past few days.

However, there has been some trades, some good, some not so good.

Take Tuesday for instance, crapola

Then yesterday comes along and I took more than 70 pips out of EJ alone

I have been guilty of over trading at times and have taken the stance that I will only have one trade open at any one time. Until that trade is b/e that will be it. The hardest part is sticking to this. I know RJ has spoken of this before. Sometimes one does...
Yep.....sometimes it's good to have a break and then you come back fresh and can see things much clearer. For as long as this EZ/Greece crisis is allowed to continue, markets will be a bit tricky to trade, but with Genesis and patience, good profits are very possible.

You're right, Tuesday was crap.....yesterday was great. That's the way it goes sometimes, we just have to have the discipline to stay out on the crap days. This is another reason that I use HA candles.....when the PA is crap on HA....you know it really is crap!! But HA will show when a trend is developing, with the help of stoch and Matrix.

As you say, yesterday was great and the temptation (for me) was to enter several trades on several pairs and really rake in the pips.....but to do that I would have had to have more than 2 trades that were not protected at BE yet, and that is unacceptable to my personal rules, so I didn't do it. I could have.....but I didn't.

Just need to remind ourselves who won the race..the tortoise or the rabbit?......

Enjoy your break and see you when you get back
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,658
  • Nov 21, 2012 7:26pm Nov 21, 2012 7:26pm
First off, thanks for posting this system. I'm still playing with it and learning it's nuances but overall it has been quite a bit of help.

Question though: Since I updated to MTF Arrow 3.0 I no longer get any popup alerts for potential trades. Is this a bug? I'm using the ASCTrend1i indicator as well but still no joy. I'm thinking of going back down to 2.1. Any suggestions as to how I can get that alert back?

Thanks folks!
  • #7,659
  • Nov 21, 2012 7:46pm Nov 21, 2012 7:46pm
Quoting idempotent
Good points.

Genesis didn't indicate a long - only the matrix did. The stochs were such that you wouldn't have taken a long (or, I wouldn't have). In the past, I've taken a change in the matrix to be a signal to get out, and missed out on good continuations as a result. In my observations, it happens quite a bit that the matrix will indicate the other direction, and yet the trend continues.

The size of the down move over the last few days lead me to have a reasonable expectation that price would continue short. Perhaps that's dangerously close...
You're a braver man than me

If only knowing when to exit was as simple as knowing when to enter
Please Do Not PM Me With Coding Enquiries
  • #7,660
  • Nov 21, 2012 11:39pm Nov 21, 2012 11:39pm
its going to be like watching paint dry with the us markets closed
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