AtoZ Markets - Genesis Matrix Trading System is a complex trading strategy which uses Heiken Ashi candles to make the price action on lower timeframes more understandable. It is advisable to only trade this system if you already have experience with the MT4 platform. Because of its complexity, AtoZ Markets Team has received many requests asking to explain in-depth how to trade with the Genesis Matrix Trading System.
Therefore, open your MT4 trading platform, grab the Genesis Matrix Trading System, and let’s get started.
Trade with the Genesis Matrix Trading System
The Genesis strategy is comprised of seven indicators: Genesis Matrix, Heiken Ashi candles, EMA 5 (yellow line), M5 stochastic, M15 MTF stochastic, M5 Arrow, and M15 MTF Arrow.
Genesis Matrix Trading System works on M15, M5, and even 1-minute timeframes, and could be used on any currency pair including gold and oil. The system also works best in trending markets rather than ranging ones.
Some advice before we look at the entry and exit rules.
- Trade when volatility is higher than usual, like during US and UK overlapping session.
- Trade with the trend; you can find ways how to follow the trend here.
- Know the basics, like how to spot support and resistance levels or follow indicators.
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Genesis Matrix Trading System entry rules
These are the requirements you need to enter a market.
Entry 1: Standard Genesis long/short entry rules.
1) 4 white/red matrix dots from Genesis(15) indicator after a current bar is closed;
2) M5 stoch crossover, trading away from 20/80 overbought levels, which means that PA is picking up momentum;
3) Heiken Ashi candle to open above/below 5 EMA line.
In addition, M5 arrow can be used as a confirmation within the next couple of candles after a trade is open. If the arrow forms later, the trade must be monitored more closely for a possible early close.
Entry 2: M5 and M15 Genesis long/short entry rules
The three entry steps are the same as in standard rules. But we use M15 arrow as a filter of short term market trend and enter only in the direction of it. This way we increase the profitability of the Genesis Matrix Trading System.
Genesis Matrix Trading System exit rules
First, should a trade go against you, you always need to have a stop loss in place. It could be set on a recent swing high or swing low plus the spread. Nonetheless, if you see the trend turning, it might be a good idea to exit the position at that point.
Having said that, we have several predetermined exit rules.
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Exit 1: Typical pivot, S/R, and major level exits
When the price moves in the direction of the trend we can use support and resistance areas to take profit. Most often these will be either a prior range high or low, a round number like 1.30 or 1.10, or a Pivot and daily level.
Should the price correct from the major level or break through it, with the strong market trend the position could be re-entered in the direction of it to maximize the profit.
Exit 2: Scalper exit
This idea is to take quick profits aftermarket impulse. Following an entry based on entry advice and rules, we would exit a long trade at a first bearish candle which would close below EMA5 and the low of the previous 1 or 2 bars. Vice-versa for short exit.
Exit 3: Swing exit
The idea of using swing exit is to ride the price swing as much as possible. Conceptually, we would enter according to the signal from M15, but following the price action on M5.
Exit 3.1: London close time limit
At the end of the European session market volatility usually plunges. Therefore, it is advised to take profit whatever the price action. Furthermore, before the London close, intraday traders often exit their positions and this could result in quick short term trend changes.
Exit 3.3: Reverse M5 entry signal
In a sudden PA reversal, both M5 and M15 Arrows can be late. Therefore, if a perfect setup occurs in the opposite direction based on Entry 1 conditions, consider closing all your positions or wait according to your plan.
This case tends to happen before or immediately after important fundamental news or major levels. Trader experience is vital and can make a difference.
These are the possible uses of the Genesis Matrix Trading System, which you can download by clicking on the blue hyperlink. I wish you good trading.
Should you trade with 'Genesis Matrix Trading System' on your own at all?
Before you start trading this trading system, you'll want to read this.
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