DislikedThe short answer is no. For a longer answer search "discretion" on the genesis thread.Ignored
thx :-) but I don't want it for free.....so If YOu have it EA, send me PM please
Can somebody please help me with this setup, it's my first time trying it. No matter which currency pair and which timeframe I load in in the top row of squares for the TVI is always all blue see image below. Also, can somebody please give me a brief idea or explanation on what each of these rows of squares, means? Thank you, very much for your help. {image}
Go here http://www.forexfactory.com/showthre...77#post5864777
Hope this helps
"patience grasshopper"
Can somebody please help me with this setup, it's my first time trying it. No matter which currency pair and which timeframe I load in in the top row of squares for the TVI is always all blue see image below. Also, can somebody please give me a brief idea or explanation on what each of these rows of squares, means? Thank you, very much for your help. {image}
One advice from me - I don't know what time it was in your country when you took the screenshot, but do not trade the asian session. Set your trading time from london open until london close. And a bit more - if you can not set up your indicators by yourself, it will be best for you to gain some more experience before going for the Genesis system. It's not that the system is complicated, it just needs a lot of experience and backtesting if you want to learn to take the proper signals. Or, if you think you've got what it takes, read the old thread - from the beginning to the end. Everything you might need is there - good ideas, bad ideas, the worst ideas ever, crossing moving averages, 50 indicators on top of the genesis matrix - everything that could be tried was tried and described there. Good luck and green pips!
Where is gone the post of Ksofty ?
Allright, due to the numerous amount of messages in my inbox about my way of trading, I will try to rewrite my post as it was. I hope that none of the genesis sectants will go against me for making few changes. First of all I should say that I trade for a living, but my way of trading has nothing to do with Genesis whatsoever. I just have small spare accounts where I try systems I like and as it turns out with few modifications Genesis is one of the most profitable indicator-based systems and it's free of charge for anyone willing to give it a try. There is a problem with EVERY system based on any kind of indicators - they show the past. As the indicators form, they usually change their direction, do a crossover in the middle of nowhere and no one knows why. This is why my style of trading the Genesis is extremely conservative as you will see, but it gives some good signals which once taken, you can move your SL in breakeven point in just few minutes without prematurely exiting the position due to hit SL.
I am NOT uploading templates or indicators - they are ready set up in ZIP file if you see the first page of the OLD thread. In the post I will describe the changes I made and say why I did this.
OK, let's see how I'm trading this system in a profitable way in my live account. Basically, I use the standard Genesis settings that you can find on the first page of the old thread in the ZIP file (my MT4 is build 600+, so I can't say anything about the other archive) with few modifications: no HA candles and my MTF Stoch is set to M30. And here are my reasons: The ASCtrend clearly shows me what's happening in M15 so why would I need a stoch so close to the M5 (it's only 3x the timeframe) and the reason for the missing HA candles is obvious - due to their method of calculation it's hard to spot broken S&R, retests, etc. Some of you may say that this does not matter in the M5 timeframe - I'm not pushing them to trade it my way. It's just my observation of taking fewer but improved signals. Additional one SMA 60 shift 0 set to Close, which I find to be close enough to 5EMA at the H1 chart.
Next step: Genesis matrix shows M5 timeframe signals, ASCtrend shows 2 timeframes by default: M5 and M15. On the screen we have M30 stoch and 60 SMA (which acts as the 5EMA on the H1 timeframe) so actually we are on the roll with signals from 4 timeframes compiled in the M5 timeframe.
ASCtrend CAN and WILL repaint the M15 until a 15-minute-bar is closed. This is shown on the chart - there are vertical lines in the indicator, dividing the dots in groups by three - when all three are finished, M15 bar is closed, ASCtrend cannot repaint anymore. If it's blue - we're going up - if it's red - we're going down. So for a proper signal usually we have to wait 15 minutes for ASCtrend to close and another 30 for the stochastic. But don't worry - in a good setup, the stochastic would have started moving in the direction of the signal like an hour ago. You will see what I'm talking about on my chart that I will upload. Of course 60SMA on M5 and 5EMA on H1 have some minor differences, but as it is said, Genesis needs experience and if you have it, you can figure out when it's broken, retested, good signal or bad one. Same thing for the stochastics - not every cross is a good one, and you never know when the trend will end. We're not trying to predict the future, we're trying to get on the train - maybe a bit late, but who cares - somebody else is going to pay for our ticket
When I'm trading this system, my first indicator is the stochs - if they do a nice cross, I wait for them to close (every 30mins) before I make a decision. When I have the stochs moving right, PA should be on the same direction - if stochs go up, PA should be above my 60SMA which means that in the long terms, on the H1 chart we have it on top of the EMA5 which in the original system is one of the 'rules' for entry/exit. Analogically, short positions require downward slope of the stochs and PA below SMA60. Next thing - the Genesis matrix will show buy/sell signals long before our entry and it's OK. The main problem is waiting for the ASCtrend - we have to wait for another group of 3 M15 dots to close in our desired direction, so on the next candle open we can take our trade. Let me clarify with a screenshot:
It will be better if you wait for everything to be in the right direction (6 dots in total on both matrixes, stochs, SMA) and you miss a lot of movement. But the signal is just fine - as far as I'm trading it, 80% to 90% of the trades that I take are winners. Mostly because I try to move my SL to breakeven, but mind the price action - if it's slow, i would wait before moving to BE because i can get my SL prematurely hit.
That's it - the screenshot tells you half the story, I told you the other half. As I mentioned, Genesis is extremely good indicator based system, straight out-of-the-box. I made few changes so I can filter out the bad signals and I hope that it might help some of you. My trading style is not for everyone, due to the lots of noise on the market without HA candles, the missed opportunities and waiting all day long but hey, if you want pips - take them. Don't give them back
I am NOT uploading templates or indicators - they are ready set up in ZIP file if you see the first page of the OLD thread. In the post I will describe the changes I made and say why I did this.
OK, let's see how I'm trading this system in a profitable way in my live account. Basically, I use the standard Genesis settings that you can find on the first page of the old thread in the ZIP file (my MT4 is build 600+, so I can't say anything about the other archive) with few modifications: no HA candles and my MTF Stoch is set to M30. And here are my reasons: The ASCtrend clearly shows me what's happening in M15 so why would I need a stoch so close to the M5 (it's only 3x the timeframe) and the reason for the missing HA candles is obvious - due to their method of calculation it's hard to spot broken S&R, retests, etc. Some of you may say that this does not matter in the M5 timeframe - I'm not pushing them to trade it my way. It's just my observation of taking fewer but improved signals. Additional one SMA 60 shift 0 set to Close, which I find to be close enough to 5EMA at the H1 chart.
Next step: Genesis matrix shows M5 timeframe signals, ASCtrend shows 2 timeframes by default: M5 and M15. On the screen we have M30 stoch and 60 SMA (which acts as the 5EMA on the H1 timeframe) so actually we are on the roll with signals from 4 timeframes compiled in the M5 timeframe.
ASCtrend CAN and WILL repaint the M15 until a 15-minute-bar is closed. This is shown on the chart - there are vertical lines in the indicator, dividing the dots in groups by three - when all three are finished, M15 bar is closed, ASCtrend cannot repaint anymore. If it's blue - we're going up - if it's red - we're going down. So for a proper signal usually we have to wait 15 minutes for ASCtrend to close and another 30 for the stochastic. But don't worry - in a good setup, the stochastic would have started moving in the direction of the signal like an hour ago. You will see what I'm talking about on my chart that I will upload. Of course 60SMA on M5 and 5EMA on H1 have some minor differences, but as it is said, Genesis needs experience and if you have it, you can figure out when it's broken, retested, good signal or bad one. Same thing for the stochastics - not every cross is a good one, and you never know when the trend will end. We're not trying to predict the future, we're trying to get on the train - maybe a bit late, but who cares - somebody else is going to pay for our ticket
When I'm trading this system, my first indicator is the stochs - if they do a nice cross, I wait for them to close (every 30mins) before I make a decision. When I have the stochs moving right, PA should be on the same direction - if stochs go up, PA should be above my 60SMA which means that in the long terms, on the H1 chart we have it on top of the EMA5 which in the original system is one of the 'rules' for entry/exit. Analogically, short positions require downward slope of the stochs and PA below SMA60. Next thing - the Genesis matrix will show buy/sell signals long before our entry and it's OK. The main problem is waiting for the ASCtrend - we have to wait for another group of 3 M15 dots to close in our desired direction, so on the next candle open we can take our trade. Let me clarify with a screenshot: It will be better if you wait for everything to be in the right direction (6 dots in total on both matrixes, stochs, SMA) and you miss a lot of movement. But the signal is just fine - as far as I'm trading it, 80% to 90% of the trades that I take are winners. Mostly because I try to move my SL to breakeven, but mind the price action - if it's slow, i would wait before moving to BE because i can get my SL prematurely hit.
That's it - the screenshot tells you half the story, I told you the other half. As I mentioned, Genesis is extremely good indicator based system, straight out-of-the-box. I made few changes so I can filter out the bad signals and I hope that it might help some of you. My trading style is not for everyone, due to the lots of noise on the market without HA candles, the missed opportunities and waiting all day long but hey, if you want pips - take them. Don't give them back
[quote=ksofty;7519410]Allright, due to the numerous amount of messages in my inbox about my way of trading, I will try to rewrite my post as it was. I hope that none of the genesis sectants will go against me for making few changes. First of all I should say that I trade for a living, but my way of trading has nothing to do with Genesis whatsoever. I just have small spare accounts where I try systems I like and as it turns out with few modifications Genesis is one of the most profitable indicator-based systems and it's free of charge for anyone willing to give it a try. There is a problem with EVERY system based on any kind of indicators - they show the past. As the indicators form, they usually change their direction, do a crossover in the middle of nowhere and no one knows why. This is why my style of trading the Genesis is extremely conservative as you will see, but it gives some good signals which once taken, you can move your SL in breakeven point in just few minutes without prematurely exiting the position due to hit SL. I am NOT uploading templates or indicators - they are ready set up in ZIP file if you see the first page of the OLD thread. In the post I will describe the changes I made and say why I did this. OK, let's see how I'm trading this system in a profitable way in my live account. Basically, I use the standard Genesis settings that you can find on the first page of the old thread in the ZIP file (my MT4 is build 600+, so I can't say anything about the other archive) with few modifications: no HA candles and my MTF Stoch is set to M30. And here are my reasons: The ASCtrend clearly shows me what's happening in M15 so why would I need a stoch so close to the M5 (it's only 3x the timeframe) and the reason for the missing HA candles is obvious - due to their method of calculation it's hard to spot broken S&R, retests, etc. Some of you may say that this does not matter in the M5 timeframe - I'm not pushing them to trade it my way. It's just my observation of taking fewer but improved signals. Additional one SMA 60 shift 0 set to Close, which I find to be close enough to 5EMA at the H1 chart. Next step: Genesis matrix shows M5 timeframe signals, ASCtrend shows 2 timeframes by default: M5 and M15. On the screen we have M30 stoch and 60 SMA (which acts as the 5EMA on the H1 timeframe) so actually we are on the roll with signals from 4 timeframes compiled in the M5 timeframe. ASCtrend CAN and WILL repaint the M15 until a 15-minute-bar is closed. This is shown on the chart - there are vertical lines in the indicator, dividing the dots in groups by three - when all three are finished, M15 bar is closed, ASCtrend cannot repaint anymore. If it's blue - we're going up - if it's red - we're going down. So for a proper signal usually we have to wait 15 minutes for ASCtrend to close and another 30 for the stochastic. But don't worry - in a good setup, the stochastic would have started moving in the direction of the signal like an hour ago. You will see what I'm talking about on my chart that I will upload. Of course 60SMA on M5 and 5EMA on H1 have some minor differences, but as it is said, Genesis needs experience and if you have it, you can figure out when it's broken, retested, good signal or bad one. Same thing for the stochastics - not every cross is a good one, and you never know when the trend will end. We're not trying to predict the future, we're trying to get on the train - maybe a bit late, but who cares - somebody else is going to pay for our ticket When I'm trading this system, my first indicator is the stochs - if they do a nice cross, I wait for them to close (every 30mins) before I make a decision. When I have the stochs moving right, PA should be on the same direction - if stochs go up, PA should be above my 60SMA which means that in the long terms, on the H1 chart we have it on top of the EMA5 which in the original system is one of the 'rules' for entry/exit. Analogically, short positions require downward slope of the stochs and PA below SMA60. Next thing - the Genesis matrix will show buy/sell signals long before our entry and it's OK. The main problem is waiting for the ASCtrend - we have to wait for another group of 3 M15 dots to close in our desired direction, so on the next candle open we can take our trade. Let me clarify with a screenshot: {image} It will be better if you wait for everything to be in the right direction (6 dots in total on both matrixes, stochs, SMA) and you miss a lot of movement. But the signal is just fine - as far as I'm trading it, 80% to 90% of the trades that I take are winners. Mostly because I try to move my SL to breakeven, but mind the price action - if it's slow, i would wait before moving to BE because i can get my SL prematurely hit. That's it - the screenshot tells you half the story, I told you the other half. As I mentioned, Genesis is extremely good indicator based system, straight out-of-the-box. I made few changes so I can filter out the bad signals and I hope that it might help some of you. My trading style is not for everyone, due to the lots of noise on the market without HA candles, the missed opportunities and waiting all day long but hey, if you want pips - take them. Don't give them back [/quote
Pure Gold
Thanks thanks thanks....
When I'm trading this system, my first indicator is the stochs - if they do a nice cross, I wait for them to close (every 30mins) before I make a decision. When I have the stochs moving right, PA should be on the same direction - if stochs go up, PA should be above my 60SMA which means that in the long terms, on the H1 chart we have it on top of the EMA5 which in the original system is one of the 'rules' for entry/exit. Analogically, short positions require downward slope of the stochs and PA below SMA60. Next thing - the Genesis matrix will show buy/sell signals long before our entry and it's OK. The main problem is waiting for the ASCtrend - we have to wait for another group of 3 M15 dots to close in our desired direction, so on the next candle open we can take our trade. Let me clarify with a screenshot: {image} It will be better if you wait for everything to be in the right direction (6 dots in total on both matrixes, stochs, SMA) and you miss a lot of movement. But the signal is just fine - as far as I'm trading it, 80% to 90% of the trades that I take are winners. Mostly because I try to move my SL to breakeven, but mind the price action - if it's slow, i would wait before moving to BE because i can get my SL prematurely hit. That's it - the screenshot tells you half the story, I told you the other half. As I mentioned, Genesis is extremely good indicator based system, straight out-of-the-box. I made few changes so I can filter out the bad signals and I hope that it might help some of you. My trading style is not for everyone, due to the lots of noise on the market without HA candles, the missed opportunities and waiting all day long but hey, if you want pips - take them. Don't give them back [/quotePure Gold
Thanks thanks thanks.... {quote} Hi Badaway, Who is these indicator ? Can you shared with us{image}
Happy Trading
