Getting error, Failed Connecting to App: error: device '192.168.230.101:5555' not found

Hi,
I am using Visual Studio 2017 , Enterprise edition and Xamarin Test Recorder. I have a Genymotion emulator and I have a APK file installed and running in the Simulator. I want to use Xamarin Test Recorder to automate my UI Tests. But when I give the path to the apk file in AppInitializer.cs, click on the 'Record New test' button and select my APK file, I get the error: Failed Connecting to App: error: device '192.168.230.101:5555' not found
I checked that the device is connected using 'adb devices' command in the command prompt and it showed the running emulator device.
How can I resolve the issue?
Please help!!!