GapGold Indicators

hello frds

lets share indicators & ideas about gap trading !

different view of gap

:nerd:

pls comment your strategy

see

1) Are You using this Indi for Gold?
2) Where Tick Indicator?

Thanks.

---------------------
tick go here
http://www.forexfactory.com/showthread.php?t=363095

you can use gap indis with any products

only set the good parameters

ie the mini gap you like to validate the jump !

lets think out of the box for the screen chart display

lets see

yellow back ground for valid up gap !

hello frds

any one to help comment on best type of filter for gap

i use ecn 5 digits

lots of gap of 0.0000 10 or more .....

thanks

as we get a lot of signal

maybe best display would be to put

a green or red light

as trend signal ....

hope its ok this time

:nerd:


gapgold = name

imput gap for any product

*/ minimum gap = x

x format depend of product
if currency 4 or 5 decimals
imput format = 0.x

*/Alert = true/false

*/ history = x bar

*/ display design = a nice windings
near the candles
(not on the candles..to much stuff already )
+
draw support or resistance line maybe ?
a short one in length

LOGIC
///////
******************modified2/6/2012 = first candle can be bearish & signal is still ok .....

buy signal type 1 (positive gap)

candle 1
type A /if c1 is bullish reference is = close of C1
type B / if c1 is bearish reference is = open of C1

Gap is + positive
Open of C2 > close C1 (type a)
Open of C2 > open C1 (type b)

candle 2 is + is bullish/close confirmation
close c2 > open of C1
close C2 > close of C1





signal at close of C2
***********************
buy signal type 2 (negative gap)

candle 1
type A /if c1 is bullish reference is = close of C1
type B / if c1 is bearish reference is = open of C1

Gap is negative
Open of C2 < close C1 (type a)
Open of C2 < open C1 (type b)

candle 2 is + is bullish /close confirmation
close c2 > open of C1
close C2 > close of C1


**************************

sell logic you can deduct easy

need help for coding please ...




&

idea for display /design

alert /sound / chart display chart design

see here my actual template..

there is a lot of gap signal .....

so would like have a good display design ......