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Genesis Matrix Trading

  • #12,781
  • May 3, 2013 5:48am May 3, 2013 5:48am
Quoting realjumper
{quote} Please mark your chart where you mean...I can't see 8,25......just make a line there, it's so much easier
the vertical red line RJ
  • #12,782
  • May 3, 2013 5:48am May 3, 2013 5:48am
Quoting Alohamen
{quote} sic ! I always think it was High Percentage Tequila ... after good trade ...
LOL......I like it

Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,783
  • May 3, 2013 5:50am May 3, 2013 5:50am
Quoting Loy
{quote} the vertical red line RJ
Oh I see...sorry. I don't know what the problem is....I don't have that issue
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,784
  • May 3, 2013 5:52am May 3, 2013 5:52am
Quoting realjumper
{quote} Oh I see...sorry. I don't know what the problem is....I don't have that issue
Damn! I've got this issue in all my charts!!

Now is it clear because of the tons of post from mine, RJ!!!

I've got this issue in ALL the charts, what's wrong?

For sure I can nont trade in this way

someone could help me please?
  • #12,785
  • May 3, 2013 5:53am May 3, 2013 5:53am
Quoting Loy
{quote} Damn! I've got this issue in all my charts!! Now is it clear because of the tons of post, RJ!!!
Check the settings is what I would do
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,786
  • May 3, 2013 5:55am May 3, 2013 5:55am
Quoting realjumper
{quote} Check the settings is what I would do
of ASC or MTF?
  • #12,787
  • May 3, 2013 5:58am May 3, 2013 5:58am
Quoting Loy
{quote} of ASC or MTF?
You're using ASCTrend-Matrix 4TF?.........check those settings
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,788
  • May 3, 2013 5:58am May 3, 2013 5:58am
Quoting realjumper
{quote} You're using ASCTrend-Matrix 4TF?.........check those settings
they're right
  • #12,789
  • May 3, 2013 5:59am May 3, 2013 5:59am
another one

watch the red line

mtf arrow down

ASC up
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 244 KB
  • #12,790
  • May 3, 2013 6:00am May 3, 2013 6:00am
Quoting Loy
{quote} they're right
Well they can't be!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,791
  • May 3, 2013 6:01am May 3, 2013 6:01am
Quoting Loy
{quote} just a last thing You said that M15 in ASCTREND nad MTF ARROW on the chart are the same thing, right? Now, a doubt: why in my chart at 8,25 time, M15 in ASCTREND is green and MTF ARROW in the chart is red It seems a relevant question for me, cause maybe I'm making something wrong in the setting Someone could clear me this issue, please? thx {image}
No,

ASCTREND, the the current TF arrows

MTF Arrow is the next HTF arrows

Check your settings of MTF arrow and your ASTREND matrix
I am a fallible imperfect person; so I must be a fallible imperfect trader.
  • #12,792
  • May 3, 2013 6:04am May 3, 2013 6:04am
Quoting Martyfish
{quote} No, ASCTREND, the the current TF arrows MTF Arrow is the next HTF arrows Check your settings of MTF arrow and your ASTREND matrix
What's wrong Marty?
Attached Images
  • #12,793
  • May 3, 2013 6:19am May 3, 2013 6:19am
Quoting Loy
{quote} What's wrong Marty? {image} {image} {image}
The easiest solution is remove all the indicators and add them back one by one. I only use the #MTF Arrow 2.01 and the GenesisArrowMatrix 1.20_2

You dont need to have the double ups (ie arrows in chart and on the matrix at bottom) but that is just a personal preference.
  • #12,794
  • May 3, 2013 6:25am May 3, 2013 6:25am
Quoting Simon H
You dont need to have the double ups (ie arrows in chart and on the matrix at bottom) but that is just a personal preference.
is to watch at higher tf
  • #12,795
  • May 3, 2013 6:40am May 3, 2013 6:40am
Quoting Loy
{quote} is to watch at higher tf
- Remove the ASCTrend4TF Matrix.

- Add the ASCTrend3TF Matrix instead

- Set TimeFrame1.Period to 30; set TimeFrame2.Period to 60; set TimeFrame3.Period to 240

- Close MT4

- Restart MT4

You'll have all the HTF information you wish...and you can read the 5 and 15 minute arrows from the chart directly instead of looking 'down' at another matrix.
  • #12,796
  • May 3, 2013 6:46am May 3, 2013 6:46am
Quoting realjumper
{quote} Last year, all of last year, the volatility in the markets was way down on previous years, and certainly way down on this year (so far). There are many pairs which have ATR's of well over 150 pips/day, and we have seen many, many moves of more than 200 pips/day. Last year, and I'm just guessing here, the volatility was way down in the 60 pips/day region on average although there was the odd days (of course) where we got some great runs. Even so, profits still came just the same. HPT's still came, but they may not have run so far as this...
Thanks RJ, for your detailed answer. It definitely reassures me a lot. Yes, I do realize I mustn't aim for 50 pips/day at all costs, my plan is to get 250 for the week, heck even 1000 for the month. As you may have noticed, I play correlated pairs, so I don't need huge moves on 1 pair, when I can get small/medium moves on 2-3 pairs. I figure it's a lot safer, altho if 1 blows, all of them blow, but that is why I plan to have enough capital to never risk more than 5% of my account on a trade. I know it is a lot, but counting the fact that I'm only taking very few trades, but high probability ones, I think I should be alright.

And yeah, I don't think I tend to overtrade, it's the exact opposite with me; sometimes I can sit in front of my charts, drinking coffee and not doing anything because I'm waaay too picky. I have spent days not doing anything, not pulling the trigger because I thought to myself I wanted to be extra safe. I have noticed I don't do that with genesis around, but we'll see what happens when I go back to trading live. I'm giving myself a few more weeks on demo, as sort of an exam, then going live full-force .
  • #12,797
  • May 3, 2013 6:50am May 3, 2013 6:50am
11,000th post.....lol...yap, yap, yap......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,798
  • May 3, 2013 6:54am May 3, 2013 6:54am
Quoting WDays
{quote} Thanks RJ, for your detailed answer. It definitely reassures me a lot. Yes, I do realize I mustn't aim for 50 pips/day at all costs, my plan is to get 250 for the week, heck even 1000 for the month. As you may have noticed, I play correlated pairs, so I don't need huge moves on 1 pair, when I can get small/medium moves on 2-3 pairs. I figure it's a lot safer, altho if 1 blows, all of them blow, but that is why I plan to have enough capital to never risk more than 5% of my account on a trade. I know it is a lot, but counting the fact...
Yeah....even 20 pips/day compounding works really well...just enter it on the spreadsheet and you'll see for yourself. Just take it slow and steady and you'll be fine
Doing what you like is Freedom. Liking what you do is Happiness.
  • #12,799
  • May 3, 2013 6:57am May 3, 2013 6:57am
Quoting realjumper
11,000th post.....lol...yap, yap, yap......
congrats RJ !
now You are real HFT ... ( high frequency talker
"Trading require mental flexibility far beyond the scope of most people"
  • #12,800
  • May 3, 2013 7:00am May 3, 2013 7:00am
Quoting Alohamen
{quote} congrats RJ ! now You are real HFT ... ( high frequency talker
LOL.....I will definitely be having some High Percentage Tequila after the amateur hour!!
Doing what you like is Freedom. Liking what you do is Happiness.
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