Genesis Matrix - not a grail, but very close ...
Hello, dear readers of the forex blog tradelikeapro.ru. This time we will get acquainted with one of the best intraday strategies for today, namely with the trading system Genesis matrix. In fact, this is a revised, improved and augmented version of the Symphonie Trader System strategy that we reviewed earlier. But in Genesis Matrix, they got rid of the main drawback of Symphony - from redrawing indicators, which prevented inexperienced traders from trading.
Genesis Matrix Strategy Features
Platform: Metatrader 4
Currency pairs: EURUSD, AUDUSD, EURGBP, EURJPY
Timeframe: M1-M15, recommended - M5 (higher TFs are possible)
Trading Time: London Session
Recommended DC: Alpari, Forex4you
Entry Rules for Genesis Matrix
1) 4 cubes of the Genesis indicator steel of the same color.
2) Stochastic lines crossed and leave the zone 20/80 (oversold / overbought).
3) HA closed above / below EMA5.
4) Stochastic MTF M15 is directed towards the deal
5) An arrow appeared from the Arrow indicator (an optional condition, we enter even if there is no arrow, but if it does not appear within a couple of candles, we consider the possibility of exit)
Goals - support / resistance levels, round numbers, pivots.
We also exit when changing all four Genesis cubes to the opposite.
Stop-loss set slightly below / above the nearest local maximum / minimum.
- If the stop loss is visually very large - we do not enter the position.
- At the end of the European session, it is better to close the remaining positions.
- Upon reaching 20 points of profit, we transfer the position to breakeven (transfer the stop loss to the opening price of the order).
In more detail, with examples of transactions, the Genesis Matrix strategy is discussed in a video tutorial at the beginning of the review.
The Genesis Matrix strategy is undoubtedly profitable, tested by hundreds of traders from around the world and almost perfected. So, the thought that “Paul is a goat, the system is not working” should not arise. But I sincerely advise you not to trade by the method, this or any other, in the form in which you were taught it. Always try to change something, to adjust something for yourself. This is a very, very important point, you can not even imagine how much. I talked about this in more detail earlier.
The fact is that in order to succeed in trading, you need absolute confidence in the system used, otherwise, at the first unprofitable transactions, you will abandon the TS, deciding that "this does not work." And to gain confidence in the strategy, you need to fully understand it: what, why, and why.
In general, this is a very important issue, we will definitely return to it in subsequent posts. In order not to miss new materials, be sure to subscribe to the site updates by mail.
Important! Nuances of installation in the new Metatrader 4 builds
P.S. Setting indicators and template Genesis matrix to the terminal is performed according to standard instructions.