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Genesis Matrix Trading

  • #13,521
  • May 18, 2013 12:43pm May 18, 2013 12:43pm
Mr C,

You hit the nail on the head

Don't change a thing Change yourself

Best advice ever

snarlyjack
  • #13,522
  • May 18, 2013 1:52pm May 18, 2013 1:52pm
Hi Mr C,

good to hear that you like the system as well. I've just started 2 weeks ago, but so far amazing.
What are your conclusions after the testing? Are you checking the H4 stochastic as well?What about the higher TF arrows?
thanks

Quoting Mr C
Hi RJ, I just want to thank you and say that anyone who has hammered out the basics of trading should have no problem turning a profit with this system. Less is best the first reflex is to add all our favorite indicators and make it better but this makes a different system. Imagine you decide you want to fly you start with a small Cessna 172 or similar learn the basics practice then upgrade but with Forex there’s no rules not only you can jump right in a fighter jet, as soon as you sit down you start changing and adding gauges (Indicators)...
  • #13,523
  • May 18, 2013 3:40pm May 18, 2013 3:40pm
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
Quoting snarlyjack
Mr C, You hit the nail on the head Don't change a thing Change yourself Best advice ever snarlyjack
Hi snarlyjack thanks, I know it’s so simple, if it isn't broke don’t fix it!


Hi Killerno,

As a creature of habit I look at the higher time frames for a feel but I have been trading straight off this template I use the H1 Stochastic for direction and like to catch the M15 on the way out of the 20 or 80 and confirm with the M5 and the matrix, the arrows come after, if the H4 Stochastic is in tune with the H1 that’s stronger but not a must.

Paul,
Of all the things I've lost I miss my mind the most .
  • #13,524
  • May 18, 2013 5:45pm May 18, 2013 5:45pm
Quoting Zerrox
{quote} My apologies RJ. I shouldn't have encouraged a fellow 'beginner' in your thread. I understand you and the others frustration, but i actually thought padila's questions were well formulated, and i forgot that this wasn't a thread for learning. When reading alot through a forum thread i always tend to feel 'at home' a bit to much I love the book you have recomended, and it has already opened my eyes to alot of things(currently at page 255) and it gives some nice tools to use and questions to ask oneself when making a trading decision. I...

Quoting padila
{quote} RJ, Please accept my apologies.

I'm not 'pointing the finger' at anyone in particular.......I'm just making the statement to anyone, and everyone. I don't want to exclude anyone and I don't want people to stop posting.....all I'm saying is....well......I said it!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,525
  • May 18, 2013 5:46pm May 18, 2013 5:46pm
Quoting Mr C
Hi RJ, I just want to thank you and say that anyone who has hammered out the basics of trading should have no problem turning a profit with this system. Less is best the first reflex is to add all our favorite indicators and make it better but this makes a different system. Imagine you decide you want to fly you start with a small Cessna 172 or similar learn the basics practice then upgrade but with Forex there’s no rules not only you can jump right in a fighter jet, as soon as you sit down you start changing and adding gauges (Indicators)...
Perfect!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,526
  • Edited 11:06pm May 18, 2013 9:53pm | Edited 11:06pm
Quoting braciola
{quote} hello excuse why mine is different to 4 hours? I need to change something? {image}
Hi BRACIOLA, I think it depends where you got your indicator from..!!!

Probably a different place to me..!!

maybe I need to change mine, I shall do some research,

...on second thoughts, I tend only to use the first 3 tf,(( 5.15,60 )) and the daily/// weekly on another method,

Ciao
Onwards and upwards...
  • #13,527
  • May 19, 2013 1:27am May 19, 2013 1:27am
Quoting Mr C
Hi RJ, I just want to thank you and say that anyone who has hammered out the basics of trading should have no problem turning a profit with this system. Less is best the first reflex is to add all our favorite indicators and make it better but this makes a different system. Imagine you decide you want to fly you start with a small Cessna 172 or similar learn the basics practice then upgrade but with Forex there’s no rules not only you can jump right in a fighter jet, as soon as you sit down you start changing and adding gauges (Indicators)...
Exactly! Keep it simple - get your own rules in place - and have the discipline to follow the rules you set to the letter thats all thats needed. I have tried, backtested and forward tested all sorts of variations that different people have posted on here for this system and although their rules might suit them they dont suit me. I have the same rules as you and its by far the best for me and like you say if it aint broke dont fix it. People need to quietly get on with testing for themselves to see what suits them not think they can blindly copy someone else and it will work, the system works as is but you have to make it your own to really become profitable.
  • #13,528
  • May 19, 2013 4:26am May 19, 2013 4:26am
sorry, please disregard this post, posted by mistake
  • #13,529
  • May 19, 2013 4:28am May 19, 2013 4:28am
Quoting soccerfan
Hi all, I have been a fan of Genesis for a while, I use the higher timeframe indicator to help, I have isolated this one indi for newbies to look at, this is to be used with all the other Genesis indis just as a guide, use 2 timeframes, 3 TFs or 4 TFs....!!! Hope this helps... {image}
Problem: - downloaded the zip file posted by Xaphod on May 11, unzipped, tried ASCI Trend Matrix 3 and 4 TF with different brokers (2 different brokers) - get the error messages in both cases and no indication, only vertical lines/ The GenesisMatrix 2_21_1 does not give me any problems.
  • #13,530
  • May 19, 2013 9:36am May 19, 2013 9:36am
Solution: Read the frakking error message and with the information gleaned from that, take steps to fix the problem.

Quoting MidnightRun
{quote} Problem: - downloaded the zip file posted by Xaphod on May 11, unzipped, tried ASCI Trend Matrix 3 and 4 TF with different brokers (2 different brokers) - get the error messages in both cases and no indication, only vertical lines/ The GenesisMatrix 2_21_1 does not give me any problems.
  • #13,531
  • May 19, 2013 11:08am May 19, 2013 11:08am
Hi,

sorry for the question, probably been asked before, but I could not find anything by search.
I have a question about the Asctrend matrix. How is it repaint? I would like to backtest it, but don't know how to check it.(on M5 timeframe)
I mean that e.g. the D1 can repaint a whole day?(at midnight starts with red and the next midnight can repaint back the whole day to blue or it starts to be blue only from this time )
thanks a lot.
  • #13,532
  • May 19, 2013 11:38am May 19, 2013 11:38am
Quoting killerno
Hi, sorry for the question, probably been asked before, but I could not find anything by search. I have a question about the Asctrend matrix. How is it repaint? I would like to backtest it, but don't know how to check it.(on M5 timeframe) I mean that e.g. the D1 can repaint a whole day?(at midnight starts with red and the next midnight can repaint back the whole day to blue or it starts to be blue only from this time ) thanks a lot.
If you don't understand how MTF indicators work then IMO, you shouldn't be using them. These indicators do NOT repaint.
  • #13,533
  • May 19, 2013 11:47am May 19, 2013 11:47am
Quoting MKFXTrader
{quote} If you don't understand how MTF indicators work then IMO, you shouldn't be using them. These indicators do NOT repaint.
killer wrote about ASC not #MTF
asc repaint until end period
imho

is this post in topic?
if not, bye
Don't give up
  • #13,534
  • May 19, 2013 11:56am May 19, 2013 11:56am
Quoting killerno
Hi, sorry for the question, probably been asked before, but I could not find anything by search. I have a question about the Asctrend matrix. How is it repaint? I would like to backtest it, but don't know how to check it.(on M5 timeframe) I mean that e.g. the D1 can repaint a whole day?(at midnight starts with red and the next midnight can repaint back the whole day to blue or it starts to be blue only from this time ) thanks a lot.
By definition nothing repaints before the candle is closed.
So of course D1 can change colour 100 times (so to speak) in a day but that is not called repaint.
The Asctrend matrix is constructed to look at 4 time frames. Let us consider M5, M15, H1 and H4.
After 5 minutes the M5 dot of the matrix is fixed. It will not change (no repaint). All other three can change but that happends only because they are still open. After 15 minutes the M15 dots (three of them) are fixed and so on.

Important note.
The fact that the higher time frame dots can change at any moment (till they are closed), does not mean that we can not take high probability trades (HPT) by following their signals (even for the still open time frames)
The colour alignment of all dots of the standard matrix plus the Asctrend matrix is a very powerfull indication of a HPT.
Take into consideration time of day, pivots and stoch as well and SHOOT!
Enter Signature
  • #13,535
  • May 19, 2013 1:00pm May 19, 2013 1:00pm
Quoting MKFXTrader
{quote} He was asking about the ASCTrend matrix on different TF. That is the ASCTrend MTF dude. Xaphod has addressed this question. If you can't understand how MTF indies work then you shouldn't be using them. Stop saying it repaints.
Be quite, I don't say it repaints after the period is end, I say it changes color till period is end, as logical
Don't give up
  • #13,536
  • May 19, 2013 1:03pm May 19, 2013 1:03pm
thanks geomink and thomasK for the answer. it is clear now.

MKFXTrader sorry if I was not clear. The reason why I asked because I would like to backtest the Asctrend matrix (with D,H4,H1,M15) and Genesis matrix on M5 timeframe, but because Asctrend can change color until the candle close (D,H4,H1,M15), in visual backtest can not see the true colors in a M5 timeframe.
Is there any solution to check it somehow ,with Trade simulator the MTF indicators are not working unfortunately.

thanks again
  • #13,537
  • May 19, 2013 4:01pm May 19, 2013 4:01pm
Quoting killerno
thanks geomink and thomasK for the answer. it is clear now. MKFXTrader sorry if I was not clear. The reason why I asked because I would like to backtest the Asctrend matrix (with D,H4,H1,M15) and Genesis matrix on M5 timeframe, but because Asctrend can change color until the candle close (D,H4,H1,M15), in visual backtest can not see the true colors in a M5 timeframe. Is there any solution to check it somehow ,with Trade simulator the MTF indicators are not working unfortunately. thanks again
u can use HTF in strategy tester, check this topic
http://forum.mt5.com/showthread.php?...ng-Yes-you-can.
  • #13,538
  • May 19, 2013 4:45pm May 19, 2013 4:45pm
Quoting killerno
Hi, sorry for the question, probably been asked before, but I could not find anything by search. I have a question about the Asctrend matrix. How is it repaint? I would like to backtest it, but don't know how to check it.(on M5 timeframe) I mean that e.g. the D1 can repaint a whole day?(at midnight starts with red and the next midnight can repaint back the whole day to blue or it starts to be blue only from this time ) thanks a lot.
I don't believe you've searched a damn thing. I just typed 'repaint' into the search area, and got the answer to your question in the very first page.

http://www.forexfactory.com/search.php?searchid=5987422

ps

Goddbye
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,539
  • May 19, 2013 4:46pm May 19, 2013 4:46pm
Quoting geomink
{quote} Be quite, I don't say it repaints after the period is end, I say it changes color till period is end, as logical
Goodbye
Doing what you like is Freedom. Liking what you do is Happiness.
  • #13,540
  • May 19, 2013 5:16pm May 19, 2013 5:16pm
Quoting realjumper
{quote} Goodbye
It seems this system is totally repainting

Are you agree?
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