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Genesis Matrix Trading

  • #8,141
  • Dec 8, 2012 7:15am Dec 8, 2012 7:15am
Quoting Kerouac
I don't have a lot of time to trade during the day so I like to use the 4HRTF chart and MTF Stochastic indicator showing both the 4Hr stoch and the daily stoch. However, when looking at the two stochs on the 4 hour chart I noticed that the daily stoch looks absolutely nothing like the real daily stoch ...
Hi Kerouac,
Please post chart(s) of the behaving/non-behaving Stox and then maybe we can help.
  • #8,142
  • Edited 12:35pm Dec 8, 2012 10:09am | Edited 12:35pm
Weekly update to http://www.forexfactory.com/showthread.php?p=6253310
for Imperatorfr, TaHui, Oxido, Jamz...
Only 1 trade this week for +164 so far.
Good to see that the drawdown was still within the expected range and we are now starting to see a nice 'best' grouping for those 'let it run' trades (157, 163, 164 & 170). The stats suggest that once we have gone past +81/+90 (as in this last trade), the door is open for 150+ as the last TP.
Attached Image (click to enlarge)
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  • #8,143
  • Dec 8, 2012 10:30am Dec 8, 2012 10:30am
Quoting olivierforex
Weekly update to http://www.forexfactory.com/showthread.php?p=6253310
for Imperatorfr, TaHui, Oxido, Jamz...
Only 1 trade this week for +164 so far.
Good to see that the drawdown was still within the expected range and we are now starting to see a nice 'best' grouping for those 'let it run' trades (157, 163, 164 & 170). The stats suggest that once we have gone past +81/+90 (as in this last trade), the door is open for 150+ as the last TP.
Sorry Oli but I do not see a sale price on the day at 1.3144 il 6.12.
Even if you do not really see beyond.
Maybe I'm wrong, but I can explain better?
I'm looking at EU 4H
Hello
  • #8,144
  • Dec 8, 2012 10:45am Dec 8, 2012 10:45am
Quoting Matrix8756
Sorry Oli but I do not see a sale price on the day at 1.3144 il 6.12.
Even if you do not really see beyond.
Maybe I'm wrong, but I can explain better?
I'm looking at EU 4H
Hello
Read the original post again for signal & entry. Jamz saw the trade...
http://www.forexfactory.com/showthre...38#post6270838
  • #8,145
  • Dec 8, 2012 10:46am Dec 8, 2012 10:46am
Quoting olivierforex
Weekly update to http://www.forexfactory.com/showthread.php?p=6253310
for Imperatorfr, TaHui, Oxido, Jamz...
Only 1 trade this week for +164 so far.
Good to see that the drawdown was still within the expected range and we are now starting to see a nice 'best' grouping for those 'let it run' trades (157, 163, 164 & 170). The stats suggest that once we have gone past +81/+90 (as in this last trade), the door is open for 150+ as the last TP.
Hi Oli

Regarding your study of the H4 trading on EU.

You state on the first post that the maths recommend a stop loss figure of -35, yet the latest trade had a max drawdown of -46.

What stoploss did you use for the purpose of this trade and how did you come to set it at the level you chose.

Keep up the good work, I always enjoy your posts.....very informative.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #8,146
  • Dec 8, 2012 10:49am Dec 8, 2012 10:49am
Quoting Matrix8756
Sorry Oli but I do not see a sale price on the day at 1.3144 il 6.12.
Even if you do not really see beyond.
Maybe I'm wrong, but I can explain better?
I'm looking at EU 4H
Hello
I think it should read 1.3044 with entry at 1.3040.
A MOUSE THAT ROARS IS STILL NOTHING MORE THAN A MOUSE!
  • #8,147
  • Dec 8, 2012 11:31am Dec 8, 2012 11:31am
Quoting olivierforex
Read the original post again for signal & entry. Jamz saw the trade...
http://www.forexfactory.com/showthre...38#post6270838
Hello Oli
Thank you again the response.
In any case I do not see that the market has beaten 1.3164 regardless of what he said Jamz, that's all.
Anyway thank you.

Hello and congratulations.
  • #8,148
  • Edited 12:30pm Dec 8, 2012 12:19pm | Edited 12:30pm
Hi Scarlet
Quoting scarlet pipe
I think it should read 1.3044 with entry at 1.3040.
Correct.

Quoting scarlet pipe
Hi Oli, Regarding your study of the H4 trading on EU. You state on the first post that the maths recommend a stop loss figure of -35, yet the latest trade had a max drawdown of -46.
Sorry for the misunderstanding: I was just posting the stats as they are on the H4 chart rather than the result of yet another great 'after the event' trade (for the record, I didn't take this trade as I was busy elsewhere). The original post was just to outline the potential of a fairly straightforward (with hardly any discretion) strategy because at a glance, Genesis looked profitable on H4 but I'm still collecting data for it as 12 signals aren't enough for a full strategy.
Bear in mind that H4 charts do not give the full 'live' picture but they reflect only a possible 'worst case' scenario: when you look at the H4 entry candle (not the signal one), you have no way of knowing if on that H4 candle the entry was activated before the drawdown or vice versa. You have to zoom down to the lower TFs to get the true number and on this occasion the 'real' drawdown was only -3/4 pips and not -46! The point is that if a strategy already looks good on a worst case scenario basis then you're likely to be able to refine it and make it more profitable when you have the full dataset.


Quoting Matrix8756
In any case I do not see that the market has beaten 1.3164 regardless of what he said Jamz, that's all.
My mistake Matrix: the last line (in bold) should have read:
06.12 00.00 1.3044 1.3040 -46 +164
(now corrected and correctly stated by Scarlet)
  • #8,149
  • Dec 8, 2012 12:35pm Dec 8, 2012 12:35pm
Quoting olivierforex
Hi Scarlet

Correct.



Sorry for the misunderstanding: I was just posting the stats as they are on the H4 chart rather than the result of yet another great 'after the event' trade (for the record, I didn't take this trade as I was busy elsewhere). The original post was just to outline the potential of a fairly straightforward (with hardly any discretion) strategy because at a glance, Genesis looked profitable on H4 but I'm still collecting data for it as 12 signals aren't enough for a full strategy.
Bear in mind that H4 charts do not give...
Ok no problem Oli.
Hello and thanks for your time
  • #8,150
  • Dec 8, 2012 1:24pm Dec 8, 2012 1:24pm
HI Ha, can you tell me where you got the ATR indicator that is on your charts?
What would you do if you knew you could not fail?
  • #8,151
  • Dec 8, 2012 9:56pm Dec 8, 2012 9:56pm
Quoting olivierforex
Hi Kerouac,
Please post chart(s) of the behaving/non-behaving Stox and then maybe we can help.
Thanks for the reply Oli. I've attached, hopefully, a pic of the 4 hour chart and a daily chart. On the 4HTF you can see that the 4 hour stoch looks right but the daily stoch is just a smooth line. Then when switching to the D1 chart you can see that the D1 stoch now looks good but the weekly stoch looks like nothing more than a smooth line.

I really appreciate any help you can give me. Genesis has helped my trading quite a bit. But without a proper looking MTF stoch it makes it a bit more difficult to pick out good trades.

Thanks again.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #8,152
  • Dec 9, 2012 1:24am Dec 9, 2012 1:24am
Quoting realjumper
I've just been doing some 'No Candles' IFR flying on the sim, from the beginning of Nov to yesterday.....on a random pair that I don't watch. Here are my results:

Number of trades: 22
Number of Wins: 22
Number of Losses: 0
Number of BE: 0

Highest win: 48
Lowest win: 4

Total pips won: 495
Average gain/trade: 22.5

Number of trade-able days in the test period: 25
Daily Average pips: 19.8

Now, there were a lot of pips left of the table, of course.....but pretty good results wouldn't you say?

So lets call the Daily average 20 pips/day rather than...
Great results, RJ !!!

Might be that the complete set of your IFR parameters would be a perfect candidate for a robot donīt you think?
  • #8,153
  • Dec 9, 2012 3:52am Dec 9, 2012 3:52am
Quoting Kerouac
Thanks for the reply Oli. I've attached, hopefully, a pic of the 4 hour chart and a daily chart. On the 4HTF you can see that the 4 hour stoch looks right but the daily stoch is just a smooth line. Then when switching to the D1 chart you can see that the D1 stoch now looks good but the weekly stoch looks like nothing more than a smooth line.
They are both fine: when you switch to the Daily chart, the daily stox is now the red/white (it was red/green on H4) and the weekly stox is now the red/green. I've drawn yellow lines to show the same time actually elapsed on both charts and you can see that the shape of the Daily Stox is the same...
This must be because you are using one of the MTF Stox that automatically add the higher TF as you switch between TFs: I prefer not to use that feature as it's harder (impossible?) to keep a standard look across TFs (for example, I like my M15 stox to always be 'yellow' in all the TFs I look at).
The simplest solution to check any MTF-Stochastic: open a new blank chart and add the standard metatrader Stochastic Oscillator with the right settings (11,3,3-high/low-Simple-0/minimum/100/maximum) and they should match; if they don't match then you have not set the MTF-Stox properly.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Untitled2.jpg Size: 169 KB
  • #8,154
  • Dec 9, 2012 4:34am Dec 9, 2012 4:34am
Quoting realjumper
I've just been doing some 'No Candles' IFR flying on the sim, from the beginning of Nov to yesterday.....on a random pair that I don't watch. Here are my results:

Number of trades: 22
Number of Wins: 22
Number of Losses: 0
Number of BE: 0

Highest win: 48
Lowest win: 4

Total pips won: 495
Average gain/trade: 22.5

Number of trade-able days in the test period: 25
Daily Average pips: 19.8

Now, there were a lot of pips left of the table, of course.....but pretty good results wouldn't you say?

So lets call the Daily average 20...
Great results! I need to try out that 'no candle' some day, did you have pivots and arrows on your screen or just matrix and stochastic?
And what was the values for the stochastic to make it look like M15 that someone posted couple weeks back, 29,9,6 or something?
  • #8,155
  • Dec 9, 2012 5:13am Dec 9, 2012 5:13am
Quoting profitpips
And what was the values for the stochastic to make it look like M15 that someone posted couple weeks back, 29,9,6 or something?
There are 2 sets of values either being tested or that are a good fit:
.30,6,9
.26,12,9
http://www.forexfactory.com/showthre...07#post6215907
http://www.forexfactory.com/showthre...57#post6216157
  • #8,156
  • Dec 9, 2012 2:51pm Dec 9, 2012 2:51pm
Quoting The Sparrow
HI Ha, can you tell me where you got the ATR indicator that is on your charts?
Hi, can you read Post #1.....or is that too difficult?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,157
  • Dec 9, 2012 2:57pm Dec 9, 2012 2:57pm
Quoting profitpips
Great results! I need to try out that 'no candle' some day, did you have pivots and arrows on your screen or just matrix and stochastic?
And what was the values for the stochastic to make it look like M15 that someone posted couple weeks back, 29,9,6 or something?
From Post#1:
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,158
  • Dec 9, 2012 3:00pm Dec 9, 2012 3:00pm
Quoting CandleStar
Great results, RJ !!!

Might be that the complete set of your IFR parameters would be a perfect candidate for a robot donīt you think?
No, because I don't work from exacts like for example, 'when the stoch passes the 80 line', or 'when the stoch cross occurs above the 20 line' or whatever............
Doing what you like is Freedom. Liking what you do is Happiness.
  • #8,159
  • Dec 9, 2012 3:46pm Dec 9, 2012 3:46pm
Quoting olivierforex
There are 2 sets of values either being tested or that are a good fit:
.30,6,9
.26,12,9
http://www.forexfactory.com/showthre...07#post6215907
http://www.forexfactory.com/showthre...57#post6216157
I am a big fan of stronger stoch settings. Although I favour the weaker of the smoothing settings.

My philosophy (for what it's worth), you get stronger signals, with reasonably timely signals. ie you lose very little slightly later entry, but you get higher probability signals, and more likely to hold the position longer.

Win-win !!
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #8,160
  • Dec 9, 2012 5:11pm Dec 9, 2012 5:11pm
Quoting realjumper
From Post#1:
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