Hello and Welcome.
This is for discussion of the Excel GAP trading spreadsheet developed by JibalaPasan and coded by dtlase based on GAP theory by MARIALUIZA (thanks Maria!) and any other tools developed by this talented international community.
NOTICE!!!
Please do not post pirated copies of software on this thread. I know for sure some of the stuff I see posted on other threads are from a certain Russian site and may contain viruses and or infringe upon US copyright laws. If you are not sure then don't post! You may be reported if you are found to be in violation.
Please be careful!
The latest dtlase spreadsheet is found here:
http://www.forexfactory.com/showthre...91#post8564491 updated 10/28/2015
CapeCoddah's Powermeter Dashboard Modification is found here http://www.forexfactory.com/showthre...21#post8551521 updated 10/21/2015
dtlase Powermeter V5c here http://www.forexfactory.com/showthre...65#post8593665 updated 11/16/2015 (A must have!)
dtlase Powermeter V5p here http://www.forexfactory.com/showthre...33#post8615433 updated 12/01/2015
Jibala Trade Management here http://www.forexfactory.com/showthre...97#post8533797 and here http://www.forexfactory.com/showthre...71#post8545471 updated 10/21/2015
Helpful Tools
CJA MTF Multi Pair RSI dashboard http://www.forexfactory.com/showthre...79#post8549779
jamesT. modified speedometer excel file here http://www.forexfactory.com/showthre...97#post8550997 updated 10/21/2015
jamesT. arrows http://www.forexfactory.com/showthre...21#post8551521 updated 10/21/2015
Average Bar Range (last candle too long/strong) here lhttp://www.forexfactory.com/showthre...28#post8552628
BASIC INSTALLATION Guide by PayItForward
(Removed by request of author.)
Many Green Pips To All!
Please Read *Very Good Idea * Thanks to DLOUW!
I believe some of the challenges being faced as a group is that terms are being used interchangeably. If we can create a standard set of definitions it will be much easier to work together. Here is my take on them as a start. Can we discuss this and create a durable standard to move forward with?
Here on some thoughts about the dash information and layout for strength indicators for clarity and discussion. We have Bid Ratio, Relative Strength, Currency Strength, Absolute Strength, Gap and Sync.
Bid Ratio is based on the current price as a percentage of the Day Range. This range can be based on the Day Bar (the time elapsed since the brokers open time) or Rolling (the last 24 hours).
Relative Strength is the Bid Ratio of a pair expressed in a range of -9 to 9.
Currency Strength (Strength) represents the average of Relative Strengths of a single currency across all currency pairs expressed in a range of 0 to 9.
Absolute Strength represents the difference of the Currency Strength of the base and counter currencies of a pair expressed in a range of -9 to 9. (This has been also described as Gap.)
Gap is a measure of the difference (movement) of an indicator across a fixed time frame. (Currently 30 minutes). This would indicate Momentum.
Sync is a count of how many pairs fit a set of criteria for a given currency. This is currently defined by all the selected filters. Sync is expressed in a range of 0 to 7.
If we can all build on or correct this to create a standard I think this help us moving forward. I will be happy to record progress and post the final "dictionary"
All the Best,
dlouw
This is for discussion of the Excel GAP trading spreadsheet developed by JibalaPasan and coded by dtlase based on GAP theory by MARIALUIZA (thanks Maria!) and any other tools developed by this talented international community.
NOTICE!!!
Please do not post pirated copies of software on this thread. I know for sure some of the stuff I see posted on other threads are from a certain Russian site and may contain viruses and or infringe upon US copyright laws. If you are not sure then don't post! You may be reported if you are found to be in violation.
Please be careful!

The latest dtlase spreadsheet is found here:
http://www.forexfactory.com/showthre...91#post8564491 updated 10/28/2015
CapeCoddah's Powermeter Dashboard Modification is found here http://www.forexfactory.com/showthre...21#post8551521 updated 10/21/2015
dtlase Powermeter V5c here http://www.forexfactory.com/showthre...65#post8593665 updated 11/16/2015 (A must have!)
dtlase Powermeter V5p here http://www.forexfactory.com/showthre...33#post8615433 updated 12/01/2015
Jibala Trade Management here http://www.forexfactory.com/showthre...97#post8533797 and here http://www.forexfactory.com/showthre...71#post8545471 updated 10/21/2015
Helpful Tools
CJA MTF Multi Pair RSI dashboard http://www.forexfactory.com/showthre...79#post8549779
jamesT. modified speedometer excel file here http://www.forexfactory.com/showthre...97#post8550997 updated 10/21/2015
jamesT. arrows http://www.forexfactory.com/showthre...21#post8551521 updated 10/21/2015
Average Bar Range (last candle too long/strong) here lhttp://www.forexfactory.com/showthre...28#post8552628
BASIC INSTALLATION Guide by PayItForward
(Removed by request of author.)
Many Green Pips To All!
Please Read *Very Good Idea * Thanks to DLOUW!
I believe some of the challenges being faced as a group is that terms are being used interchangeably. If we can create a standard set of definitions it will be much easier to work together. Here is my take on them as a start. Can we discuss this and create a durable standard to move forward with?
Here on some thoughts about the dash information and layout for strength indicators for clarity and discussion. We have Bid Ratio, Relative Strength, Currency Strength, Absolute Strength, Gap and Sync.
Bid Ratio is based on the current price as a percentage of the Day Range. This range can be based on the Day Bar (the time elapsed since the brokers open time) or Rolling (the last 24 hours).
Relative Strength is the Bid Ratio of a pair expressed in a range of -9 to 9.
Currency Strength (Strength) represents the average of Relative Strengths of a single currency across all currency pairs expressed in a range of 0 to 9.
Absolute Strength represents the difference of the Currency Strength of the base and counter currencies of a pair expressed in a range of -9 to 9. (This has been also described as Gap.)
Gap is a measure of the difference (movement) of an indicator across a fixed time frame. (Currently 30 minutes). This would indicate Momentum.
Sync is a count of how many pairs fit a set of criteria for a given currency. This is currently defined by all the selected filters. Sync is expressed in a range of 0 to 7.
If we can all build on or correct this to create a standard I think this help us moving forward. I will be happy to record progress and post the final "dictionary"
All the Best,
dlouw