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Genesis Matrix Trading

  • #7,741
  • Nov 26, 2012 5:47am Nov 26, 2012 5:47am
Quoting Gumrai
I got the MTF stoch downloaded from here

http://www.forexfactory.com/showthre...08#post5983508

I have tried, but I cannot get it to show H1 stoch when in M15 chart.
Sorry, I'm stupid.

Here's Xaphod's MTF Stoch.
It should automatically show 1Hr Stoch on 15min Chart
Attached File(s)
File Type: mq4 Stoch-MTF.mq4   14 KB | 548 downloads
  • #7,742
  • Nov 26, 2012 6:12am Nov 26, 2012 6:12am
Quoting FXGeoff
Here's Xaphod's MTF Stoch.
It should automatically show 1Hr Stoch on 15min Chart
Thanks Geoff, I will try that
Please Do Not PM Me With Coding Enquiries
  • #7,743
  • Nov 26, 2012 7:04am Nov 26, 2012 7:04am
Quoting Jamz
I agree with you entirely Gumrai and you are right to have those two stochs on your chart. I would prefer to see them both descending from the heights at the same time, not dipping down and up and then down again. I have found that running tests on any currency without candles ( actually without anything but matrix and those two stochs) I haven't made a loosing trade. But, like you have said, both must be equal in their position from above the 80 ( I will not say overbought coz RJ might have an attack!)

James.

I place both the M5 stoch and M15 stoch in the same indicator window.

Why?

Because I believe it gives me very important information. When I'm long I want to see the M5 stoch above the M15 stoch at the time of entry or when I'm short I want to see the M5 stoch below the M15 stoch at the time of entry. Of course, stochastic placement is also always important (i.e., both timeframe stochs rising up from oversold or near oversold for longs and dropping from overbought or near overbought for shorts).

I never take a trade without this arrangement. Suffice to say this has worked well for me. Although, I'm not attributing my successful trading only to the above guidelines but it sure does seem to keep me out of some otherwise losing trades.
  • #7,744
  • Nov 26, 2012 7:11am Nov 26, 2012 7:11am
Hi,

Genesis can play this game very well with renko charting system.
Attached Image (click to enlarge)
Click to Enlarge Name: RENKO GENESIS.gif Size: 66 KB
  • #7,745
  • Nov 26, 2012 7:23am Nov 26, 2012 7:23am
Quoting Ati_82
went long on pound...
stopped out BE
  • #7,746
  • Nov 26, 2012 7:48am Nov 26, 2012 7:48am
Quoting Roulette
I place both the M5 stoch and M15 stoch in the same indicator window.

Why?

Because I believe it gives me very important information. When I'm long I want to see the M5 stoch above the M15 stoch at the time of entry or when I'm short I want to see the M5 stoch below the M15 stoch at the time of entry. Of course, stochastic placement is also always important (i.e., both timeframe stochs rising up from oversold or near oversold for longs and dropping from overbought or near overbought for shorts).

I never take...
You can have a good method that gives you winning trades, or at least more winning trades than losers and then you can add more and more rules until you never get an entry.
No offense, but i have been around a number of forums in my time and I have seen time after time people add stuff that they claim pinpoints the better trades. Often it is something that they have just noticed over the last week or so and they expect it to work forever.
Maybe you have put in the time with this, but you have to appreciate that so many people come up with additional rules that will improve a method that simply do not work in the long run.
If you have been trading with this rule for some time and have posted about it previously, then I apologise, but if you haven't posted before about it, perhaps you could post some trades in future that show that it keeps you out of bad trades.
Please Do Not PM Me With Coding Enquiries
  • #7,747
  • Nov 26, 2012 7:52am Nov 26, 2012 7:52am
Quoting Roulette
Because I believe it gives me very important information. When I'm long I want to see the M5 stoch above the M15 stoch at the time of entry or when I'm short I want to see the M5 stoch below the M15 stoch at the time of entry...it sure does seem to keep me out of some otherwise losing trades.
Thanks for that Roulette. I take it that this is based on your usual thorough approach and you have come to that conclusion after much testing/watching?
  • #7,748
  • Nov 26, 2012 8:05am Nov 26, 2012 8:05am
Quoting olivierforex
Thanks for that Roulette. I take it that this is based on your usual thorough approach and you have come to that conclusion after much testing/watching?
Yep. I have been trading Genesis since September and the guideline that I mentioned earlier has always been a part of my rule set.
  • #7,749
  • Edited 4:48pm Nov 26, 2012 8:08am | Edited 4:48pm
Quoting Gumrai
You can have a good method that gives you winning trades, or at least more winning trades than losers and then you can add more and more rules until you never get an entry.
No offense, but i have been around a number of forums in my time and I have seen time after time people add stuff that they claim pinpoints the better trades. Often it is something that they have just noticed over the last week or so and they expect it to work forever.
Maybe you have put in the time with this, but you have to appreciate that so many people come up with additional...
Gumrai,

I trade with real money on the line....been trading Genesis since September without changing much of my original rules. I have called some real-time trades in earlier posts. I'm not here to prove something to you. I threw my guidelines out about stoch placement as something for people to think about. If you want to see whether it will help your trading then you should do the homework yourself. I certainly won't do it for you.
  • #7,750
  • Nov 26, 2012 8:22am Nov 26, 2012 8:22am
Quoting Ati_82
stopped out BE
Because of Friday's move, the pivots are quite distant from each other in GU (R1 is 73 pips away from the DP). When it is like that, a little bit of extra work with (trend)lines can be useful for finding possible resistance/support/exit points.
There was already a very well defined channel with multiple touches (x) when you entered long (yellow line); the yellow circled area (channel top) was likely to offer at least some resistance and give you a chance to either tighten your SL (which you did) or take (partial) profit. This channel is now even stronger with the bottom part having provided recent support almost to the pip.
It really is a bull flag and that supports a break to the upside eventually but any good Genesis signal on a break either side should be good for a few pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 64 KB
  • #7,751
  • Nov 26, 2012 8:32am Nov 26, 2012 8:32am
Quoting nhilkiah
Hi, Genesis can play this game very well with renko charting system.
Hi Nhilkiah,
It's just a shame that it takes a lot of effort with offline charts to set up Renko/RangeBar properly + you then add an extra variable that has any number of settings: the size of the 'range bar'.
Like Roulette, have you done some thorough research for a long time on any particular pair(s) to back up your view?
  • #7,752
  • Nov 26, 2012 8:58am Nov 26, 2012 8:58am
Quoting olivierforex
Because of Friday's move, the pivots are quite distant from each other in GU (R1 is 73 pips away from the DP). When it is like that, a little bit of extra work with (trend)lines can be useful for finding possible resistance/support/exit points.
There was already a very well defined channel with multiple touches (x) when you entered long (yellow line); the yellow circled area (channel top) was likely to offer at least some resistance and give you a chance to either tighten your SL (which you did) or take (partial) profit. This channel is now even...
Yes I had the notion that it might just fail to advance through that level as being Monday pre-US usually ain't show time for big moves, I decided to give it a shot anyhow. Well a bit smarter today as well, thank you for the advice.
  • #7,753
  • Nov 26, 2012 12:42pm Nov 26, 2012 12:42pm
Quoting olivierforex
Hi Nhilkiah,
It's just a shame that it takes a lot of effort with offline charts to set up Renko/RangeBar properly + you then add an extra variable that has any number of settings: the size of the 'range bar'.
Like Roulette, have you done some thorough research for a long time on any particular pair(s) to back up your view?
Hl Olivierforex,

You should know that anything which bring money has no relationship with shame. There's no big deal in ofline chart set up, just follow a simple step with the history data. No extra variable than genesis template. It work with any pair either with 5pips, 10pips or 20pips box size. Anyway have on these attachments and locate many profitable setup using genesis matrix with renko chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusd renko 10pips box.gif Size: 95 KB
Click to Enlarge Name: gbpusd renko 10pips box.gif Size: 93 KB
Click to Enlarge Name: gbpjpuy renko 10pips box.gif Size: 83 KB
Click to Enlarge Name: usdjpy renko 10pips box.gif Size: 81 KB
Click to Enlarge Name: usdcad renko 10pips box.gif Size: 98 KB
  • #7,754
  • Nov 26, 2012 3:35pm Nov 26, 2012 3:35pm
  •  Jamz
  • | Joined May 2012 | Status: Tops and bottoms are for bikinis | 798 Posts
Quote
Roulette I place both the M5 stoch and M15 stoch in the same indicator window.

That's a great idea Roulette and I will be following your example. Agreed, the stochastic is just a small part of Genesis but I'm focused on it at the moment. I don't see it as a new indicator to Genesis but a clever use of it. Please release any more of your good ideas..........helping me become more disciplined in my approach......
  • #7,755
  • Nov 27, 2012 12:36am Nov 27, 2012 12:36am
Quoting Jamz
That's a great idea Roulette and I will be following your example. Agreed, the stochastic is just a small part of Genesis but I'm focused on it at the moment. I don't see it as a new indicator to Genesis but a clever use of it. Please release any more of your good ideas..........helping me become more disciplined in my approach......
And on the other hand......I have tried placing them both in the same window and I find it so much easier to read what's going on with the 2 stochs when I can actually see them both clearly and not getting in each others way!

And.....stochs are not just a 'small part' of this system, they are a crucial part of the system. In fact, if I was only allowed to have one single indicator on my chart, it would be the stochastic!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,756
  • Nov 27, 2012 12:38am Nov 27, 2012 12:38am
So yesterday wasn't too good, and I didn't miss anything. I was watching the charts but I was busy so I couldn't post yesterday. Hopefully today will be a bit more profitable
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,757
  • Nov 27, 2012 1:08am Nov 27, 2012 1:08am
buy on EU
Attached Image (click to enlarge)
Click to Enlarge Name: 20121127-01.jpg Size: 247 KB
  • #7,758
  • Nov 27, 2012 1:11am Nov 27, 2012 1:11am
Quoting vahn
buy on EU
3 hours ago?????
Doing what you like is Freedom. Liking what you do is Happiness.
  • #7,759
  • Nov 27, 2012 1:16am Nov 27, 2012 1:16am
Quoting realjumper
3 hours ago?????
yes. i see a double bottom there and the trend is up. risk is small. the signal is good. so why not to take the trade.
  • #7,760
  • Nov 27, 2012 1:18am Nov 27, 2012 1:18am
Quoting vahn
yes. i see a double bottom there and the trend is up. risk is small. the signal is good. so why not to take the trade.
No reason to not take it, just seems a bit strange to mention it 3 hours after the fact!
Doing what you like is Freedom. Liking what you do is Happiness.
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