Genesis Matrix Trading | Page 1009 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Additional Indicators for the Genesis Matrix Trading System 683 replies

Genesis Matrix Trading indicator 20 replies

Is there an EA about Genesis Matrix Trading? 2 replies

Genesis Matrix Journal 5 replies

Genesis Matrix Trading for Jforex 13 replies

Attachments: Genesis Matrix Trading
Exit Attachments

Genesis Matrix Trading

  • #20,161
  • Dec 10, 2013 10:55am Dec 10, 2013 10:55am
Quoting hunter101
....I also see many people trading the 1M Genesis.... Why not the original 5/15 method, that works equally as good. I feel that 1M should be reserved to those who 'grasp' the Genesis method. 1M is something to not toy with.
You was along time not here, and RJ bring up the M1 trading way.
I guess its wrong to say that M1 should be reserved.
I mean we have here different peoples with different tradingstyles and when M1 suite not yours, then ignores.
Thats the easy way.
  • #20,162
  • Dec 10, 2013 11:00am Dec 10, 2013 11:00am
Sorry if I messed up... I didn't read the doc before i pdf'd it. duh.

No, I haven't come across video about stochs, will look for it tonight.

And I will remove the pic of my trade if anyone wishes me to.
  • #20,163
  • Dec 10, 2013 11:32am Dec 10, 2013 11:32am
Quoting Jikkie
Sorry if I messed up... I didn't read the doc before i pdf'd it. duh. No, I haven't come across video about stochs, will look for it tonight. And I will remove the pic of my trade if anyone wishes me to.
Hey, it's in the post #1 - read everything there and visit all links - very informative!

EDIT: as for the chart - don't see anything against the rules... if memory serves, RJ said once it's ok not to use stochs
The single most important factor is having control of your own life.
  • #20,164
  • Dec 10, 2013 11:41am Dec 10, 2013 11:41am
Thanks Mikko. Oops, that's an offence that could get be banned.... I have read that so many times over the months too.

btw, do you disapprove of my trade?
  • #20,165
  • Edited 2:30pm Dec 10, 2013 11:57am | Edited 2:30pm
Quoting Jikkie
Thanks Mikko. Oops, that's an offence that could get be banned.... I have read that so many times over the months too.
How come you didn't find stoch movie then? :nerd:
Quoting Jikkie
btw, do you disapprove of my trade?
Oh, I can't disapprove YOUR trade - I don't know your criteria!
Quoting Mikkk01
{quote} There's no good and bad here If you trade according to your plan - it's already good!!! If not - that's bad...
Quoting Mikkk01
{quote} if you wanna know whether your analysis is good or bad - we first need to know what it is! - so write why you entered [everything: thoughts, feelings, doubts, technical data]
As chart may be the same but we all interpret it differently. And, no doubt, think differently...
Furthermore, I trade only four pairs: EA, GJ, GU, NU - and don't even look at any others except maybe USDRUR - but only to find out how my local currency's doing and I don't trade M15... So I can, probably, point out some general mistakes [if you give me data] but not a 'would I enter' thing...
The single most important factor is having control of your own life.
  • #20,166
  • Edited 6:31pm Dec 10, 2013 5:30pm | Edited 6:31pm
Quoting hunter101
Whoa, i havent been following up with this thread lately (personal issues), but i could have sworn RJ and the team leaders specifically said to post charts within the Genesis guidelines as on page 1 post 1. I hate to weed through the pages to see a quality post. I also see many people trading the 1M Genesis.... Why not the original 5/15 method, that works equally as good. I feel that 1M should be reserved to those who 'grasp' the Genesis method. 1M is something to not toy with.
Hiya hunter,

You are correct on the first point. Islander posted a chart with the volume indi on it and mentioned that it helped to identify the exit point, which is something that some people struggle with. As I don't know much about volume, I asked Islander to create a document so we could have a look at it and see how it works and whether it suits the Genesis system or not.

Now that Islander has created this document, we will have a look at it and make a decision once we have done that and tried it ourselves. I did say to Islander at the time that I can't promise that it will be included in the Genesis Trading System, and if it is not, then Islander will be asked to keep these charts off the thread and to post as per the Genesis system, which I'm sure he will understand.

When an experienced trader asks if he can have a bit of freedom to make a few posts that show a particular thing that may be helpful to us all, I need to make an exception to the rules for a short time so that we can see whether there is something that will improve the system or not.

As for the M1 method, that came about due to a prolonged period of tight ranges where it was difficult to make some pips on the M5 or 515 ways. For 4 weeks I tested M1 with very slight alterations to the way we use the indicators.....same indicators, just a slight change in the TF's used.....and after the 4 week test, we found that yes, the M1 could be traded with Genesis safely and profitably. Essentially it is just anther TF...the rules of entry are the same.

So we now have the M1 method, the (standard) M5 method and the 515 method. All methods are valid and one method may suit some, and another method may suit others. It's just a matter of personal preference.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #20,167
  • Dec 10, 2013 6:55pm Dec 10, 2013 6:55pm
Morning All
Would anybody be able to tell me If when scrolling back on a chart to check something in the past lets say two weeks ago, is it possible that one of the 4 squares that make up the Genesis Matrix may have changed color from what it was on that particular day. I suspect it would be a memory issue with the MT4. Has anybody experienced this?
Kind Regards
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #20,168
  • Dec 10, 2013 7:08pm Dec 10, 2013 7:08pm
Quoting anthm
Morning All Would anybody be able to tell me If when scrolling back on a chart to check something in the past lets say two weeks ago, is it possible that one of the 4 squares that make up the Genesis Matrix may have changed color from what it was on that particular day. I suspect it would be a memory issue with the MT4. Has anybody experienced this? Kind Regards
Yup!
Here's how to solve this problem [that's what I did]:
1) Go to 'Indicator list'
2) Click 'Genesis Matrix'
3) Click 'Edit'
4) Click 'Inputs'
5) Find 'T3 Bar count' - paste 50000 [my input] or something near that
6) Enjoy!
The single most important factor is having control of your own life.
  • #20,169
  • Dec 10, 2013 7:12pm Dec 10, 2013 7:12pm
Quoting Mikkk01
{quote} Yup! Here's how to solve this problem [that's what I did]: 1) Go to 'Indicator list' 2) Click 'Genesis Matrix' 3) Click 'Edit' 4) Click 'Inputs' 5) Find 'T3 Bar count' - paste 50000 [my input] or something near that 6) Enjoy!
Yup...that's correct. I think the default bar count for the T3 part of the Matrix is 1500 bars.....so if you are going back several days on a low TF chart (say M5 or M1) then the T3 row will go completely all one colour. As you say....change the bar count if you want to go back further and you'll be fine.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #20,170
  • Dec 10, 2013 7:23pm Dec 10, 2013 7:23pm
Quoting anthm
Morning All Would anybody be able to tell me If when scrolling back on a chart to check something in the past lets say two weeks ago, is it possible that one of the 4 squares that make up the Genesis Matrix may have changed color from what it was on that particular day. I suspect it would be a memory issue with the MT4. Has anybody experienced this? Kind Regards

Did the stuff above from Mikki and I answer your question?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #20,171
  • Dec 10, 2013 7:28pm Dec 10, 2013 7:28pm
Quoting realjumper
{quote} Did the stuff above from Mikki and I answer your question?
He's probably got to backtesting finally after months of deprivation - can't get enough!

Ok, 5 am - crazy russians go to sleep

Good luck/trading
The single most important factor is having control of your own life.
  • #20,172
  • Dec 10, 2013 7:43pm Dec 10, 2013 7:43pm
Quoting Mikkk01
{quote} Yup! Here's how to solve this problem [that's what I did]: 1) Go to 'Indicator list' 2) Click 'Genesis Matrix' 3) Click 'Edit' 4) Click 'Inputs' 5) Find 'T3 Bar count' - paste 50000 [my input] or something near that 6) Enjoy!
Quoting realjumper
{quote} Did the stuff above from Mikki and I answer your question?

Thanks, all done, the little things hay the little things.
Well pointed out
Cheers.
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #20,173
  • Dec 10, 2013 7:50pm Dec 10, 2013 7:50pm
Quoting anthm
{quote} {quote} Thanks, all done, the little things hay the little things. Well pointed out Cheers.
That's good. I usually return the bar count to the default when I'm done looking back.....just to save system resources, although I'm not sure how much of an issue that is, or even if it's an issue at all. I'll ask Xaphod next time
Doing what you like is Freedom. Liking what you do is Happiness.
  • #20,174
  • Dec 10, 2013 7:50pm Dec 10, 2013 7:50pm
Quoting Mikkk01
{quote} He's probably got to backtesting finally after months of deprivation - can't get enough! Ok, 5 am - crazy russians go to sleep Good luck/trading
Later
Doing what you like is Freedom. Liking what you do is Happiness.
  • #20,175
  • Dec 10, 2013 7:59pm Dec 10, 2013 7:59pm
Quoting realjumper
I might have exited these trades a tad early, but both seemed to be struggling so I decided to take the collective +48 {image} {image}
Morning RJ again,
I have a question form a post back on December 3, post 19814. May I kindly ask did you enter the EA trade on the strength of what was happening on the EJ trade around the same time? I just see the M15 stoch is contrary to the direction of the trade at actual time of entry on the EA i.e. no cross over. The reason I ask is I would love the facility to be able to enter in this scenario but I don't because I stick to current rule set i.e. M5 and M15 stochs aligned. I see a lot of missed opportunity waiting for M15 and M5 stochs to align.
Regards
Anth

EDIT incidentally when I went back on my chats to check that EA trade I found the problem with the Genesis color Matrix which is now rectified obviously. Lucky I did not open my trap on that one LOL.
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #20,176
  • Dec 10, 2013 8:34pm Dec 10, 2013 8:34pm
Quoting anthm
{quote} Morning RJ again, I have a question form a post back on December 3, post 19814. May I kindly ask did you enter the EA trade on the strength of what was happening on the EJ trade around the same time? I just see the M15 stoch is contrary to the direction of the trade at actual time of entry on the EA i.e. no cross over. The reason I ask is I would love the facility to be able to enter in this scenario but I don't because I stick to current rule set i.e. M5 and M15 stochs aligned. I see a lot of missed opportunity waiting for M15 and M5 stochs...
Yes you're quite right. The prime mover in those trades was the Euro and the EJ trade was a great conservative entry. The EA trade was indeed a very aggressive entry for the reasons you mention, and I was concerned that I had 'blown it' when the PA immediately pulled back on me and re-tested the BRN. It wasn't a great example of trading, but I got away with it. I guess it's good to post trades like this rather than perfect trades all the time so that we can all see the 'good the bad and the ugly!!'
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #20,177
  • Dec 10, 2013 9:31pm Dec 10, 2013 9:31pm
Quoting realjumper
{quote} Yes you're quite right. The prime mover in those trades was the Euro and the EJ trade was a great conservative entry. The EA trade was indeed a very aggressive entry for the reasons you mention, and I was concerned that I had 'blown it' when the PA immediately pulled back on me and re-tested the BRN. It wasn't a great example of trading, but I got away with it. I guess it's good to post trades like this rather than perfect trades all the time so that we can all see the 'good the bad and the ugly!!' {image}
That's great that you got away with it, thanks for the answer. I would love to see some other aggressive type entries. I will also try post a couple of my cobbled together aggressive entries.
Bye for now I have closed for the day on the back of what I found a miserable Tokyo morning session. I Managed to get chopped out By the EA and The EJ this morning
Kind Regard
Anth
When you're in the land of HOPE, you're done, get out of there, WALK AWAY
  • #20,178
  • Dec 11, 2013 2:11am Dec 11, 2013 2:11am
GM - 144 downloads of the Pdf .....

So I will post a couple charts a day in as near real time as I can so that those on line can see what I am showing

EurJpy 5 min chart - sell signal during the 07:00 gmt candle

1 min chart - agressive sell signal at close of 07:04 gmt candle as price closed below the 25 ema which had turned down

Sell at 141.33 in the 07:05 candle - hard SL 15 pips, mental SL is 4 pips "other side" of the 25 ema - the dashed grey line

07:31 a WRB with H Volume spike down towards the S1 level - < 20 pips available, patience

07:43 a WRB with H Vol and > 20 pips, closer to the **00 SS AND its still before LO - bank 23 pips.

The Gross Swing was from the signal to the actual low, 3 candles later.
Attached Image (click to enlarge)
Click to Enlarge Name: dec11 ej 1m5m 0755 gmt.png Size: 147 KB
Trading Levels with WRBs
  • #20,179
  • Dec 11, 2013 2:19am Dec 11, 2013 2:19am
There were short trades available in both Eur Usd and GbpUsd around the London Open - viz: Gbp 5m @ 7:55 and 1m entry @ 7:59 for 28 pips in 13 minutes
gross.....

PS > 40 pips from these two trades and I can be finished for the day - thank you RJ and Genesis
Trading Levels with WRBs
  • #20,180
  • Dec 11, 2013 2:53am Dec 11, 2013 2:53am

Quoting Islander
There were short trades available in both Eur Usd and GbpUsd around the London Open - viz: Gbp 5m @ 7:55 and 1m entry @ 7:59 for 28 pips in 13 minutes gross..... PS > 40 pips from these two trades and I can be finished for the day - thank you RJ and Genesis
Yes, a very nice start to the night.



PM1
14 traders viewing now