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MT4 Trading the GAP With Excel

  • #461
  • Nov 5, 2015 1:28am Nov 5, 2015 1:28am
Hello friends,
This version has more heatmap and the 28 pair shows the Base and Quote strength.
Have a great day and more green pips.
dtlase.
Attached Image (click to enlarge)
Click to Enlarge Name: PowerMeter.PNG Size: 148 KB
Attached File(s)
File Type: ex4 Dashboard - Power MeterV5c.ex4   294 KB | 1,190 downloads
  • #462
  • Edited 9:24am Nov 5, 2015 1:54am | Edited 9:24am
Quoting dtlase
Hello friends, This version has more heatmap and the 28 pair shows the Base and Quote strength. Have a great day and more green pips. dtlase. {image} {file}
Hi dtlase,

Man you're a genius. Thanks for the great new improvements you've made to this wonderful Dashboard. At least we are getting closer to something that resembles JibalaPasan's "great excel dashboard". We will get there someday... of course with more of her assistance in checking and giving corrections where it is needed on the dashboard.

Thanks dtlase and JibalaPasan.
  • #463
  • Edited 5:04pm Nov 5, 2015 4:05am | Edited 5:04pm
Quoting dtlase
Hello friends, This version has more heatmap and the 28 pair shows the Base and Quote strength. Have a great day and more green pips. dtlase. {image} {file}
Wow I thought the last one was incredible! You are da man! Thank you thank you!

Add three MTF csm's and you basically have a perfect blend of the gap and Ding's dash. Not a request just an observation.
  • #464
  • Nov 5, 2015 4:41am Nov 5, 2015 4:41am
Quoting dtlase
Hello friends, This version has more heatmap and the 28 pair shows the Base and Quote strength. Have a great day and more green pips. dtlase. {image} {file}
What is B & Q . To order what direction must have ?
Thanks
  • #465
  • Nov 5, 2015 5:01am Nov 5, 2015 5:01am
Quoting ahhamidz
{quote} What is B & Q . To order what direction must have ? Thanks
It stands for the base currency strength and the quote. It should match the csm . I think it is to prevent you from taking a trade when both currencies are going in the same direction.
  • #466
  • Nov 5, 2015 1:52pm Nov 5, 2015 1:52pm
Quoting dtlase
Hello friends, This version has more heatmap and the 28 pair shows the Base and Quote strength. Have a great day and more green pips. dtlase. {image} {file}
Hi dtlase ,

a pleasant surprise especially since they happily traded Heat Map. Tables of tests show that this is the best auto trading dash ever . As always, i have a question . All hitherto hand Basket profit in $ . I think that makes more sense to set the basket profit in pips . What do you think?

I always Thank you for your work .

regards
if you're doing we all have results with all
  • #467
  • Nov 6, 2015 1:06am Nov 6, 2015 1:06am
Quoting dtlase
Hello friends, This version has more heatmap and the 28 pair shows the Base and Quote strength. Have a great day and more green pips. dtlase. {image} {file}
Hi dtlase, Could you please post the corresponding .mq4 file? Thanks
  • #468
  • Nov 6, 2015 6:23am Nov 6, 2015 6:23am
Quoting idiamond
{quote} Hi dtlase, Could you please post the corresponding .mq4 file? Thanks

yes please consider to add also>>>>http://www.forexfactory.com/showthre...00#post8578500
  • #469
  • Nov 6, 2015 12:40pm Nov 6, 2015 12:40pm
Quoting dagoods
{quote} yes please consider to add also>>>>http://www.forexfactory.com/showthre...00#post8578500
thanks!

it make sense because the recent calculation give also a trigger if
currency A is weak and currency B is WEAKER
or currency A is flat and currency B is stronger
or currency A is little weak and B is stronger
and this are weak trades and vulnerable to pullbacks
so a double GAP mean 2 separated triggers
of course (I didn't told it jet) I like to see a trigger in a higher TF to align
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #470
  • Nov 6, 2015 10:54pm Nov 6, 2015 10:54pm
Quoting Bernhard
{quote} thanks! it make sense because the recent calculation give also a trigger if currency A is weak and currency B is WEAKER or currency A is flat and currency B is stronger or currency A is little weak and B is stronger and this are weak trades and vulnerable to pullbacks so a double GAP mean 2 separated triggers of course (I didn't told it jet) I like to see a trigger in a higher TF to align
Exactly what we did a while ago already but still not enough data for a good analyse, hence only my own experience from manual trading. Yesterday after NFP I gave it a try with an old setup on the Java based Oanda platform and it worked very good in a small range of ~35 Pip by just following the GAP!
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You clearly see it not only works with M1 + M5 but M15 + H1 too!

Have a nice weekend all together.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #471
  • Nov 7, 2015 12:08am Nov 7, 2015 12:08am
Here's a tip for all those who are still struggling with the formatting in Excel:

Simply transfer the formatting with the formula!

Formula: =TEXT('MT4'|BID!AUDCAD,"#,##0.00000")

Result: 0.93663


Formula: =TEXT('MT4'|BID!AUDCAD,"#,##0.0000")

Result: 0.9366


Formula: =TEXT('MT4'|BID!AUDJPY,"#,##0.000")

Result: 86.721


Formula: =TEXT('MT4'|BID!AUDJPY,"#,##0.00")

Result: 86.72
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #472
  • Nov 7, 2015 5:22am Nov 7, 2015 5:22am
Quoting JibalaPasan
{quote} Exactly what we did a while ago already but still not enough data for a good analyse, hence only my own experience from manual trading. Yesterday after NFP I gave it a try with an old setup on the Java based Oanda platform and it worked very good in a small range of ~35 Pip by just following the GAP! {image} {image} {image} {image} {image} You clearly see it not only works with M1 + M5 but M15 + H1 too! Have a nice weekend all together.
thank you Jibala for your feedback!
How did you make that with Oanda and java?
I have old fxTrade Launcher with Oanda. Is it this. How to set up?
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #473
  • Nov 7, 2015 6:57am Nov 7, 2015 6:57am
Quoting Bernhard
{quote} thank you Jibala for your feedback! How did you make that with Oanda and java? I have old fxTrade Launcher with Oanda. Is it this. How to set up?
The old launcher will not work anymore but after you start it, it will direct you to the download link (~35MB). For the setup you have to be a bit creative and it will take its time. All indicators and its parameters are to see in the main window (rainbow setup). For the 4 small charts with each 1 candle to the right, just open a normal chart, choose candles and zoom in as much as possible. After that reduce size of window until last candle can be seen only. Repeat for the other 3 charts and bring them in order how you like it.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #474
  • Nov 7, 2015 7:39am Nov 7, 2015 7:39am
Quoting dtlase
Hello friends, This version has more heatmap and the 28 pair shows the Base and Quote strength. Have a great day and more green pips. dtlase. {image} {file}

Hi dtlase.
For using the gap entry, should we adjust the settings from the default +-0.6 to around +-2.0?

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  • #475
  • Nov 8, 2015 8:21pm Nov 8, 2015 8:21pm
good - better - the best - GAP TRADING! It seems these guys are working around the clock always looking to beat the best.
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A big GAP (last value blue pointer) on JPY while the other 4 currencies did increase. This new feature is very important, a must have, since I can't remember always the last value and I don't want to take a screenshot all the time.

Wish you all a very green week.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #476
  • Nov 8, 2015 8:50pm Nov 8, 2015 8:50pm
A small GAP on USD was enough to grab some Pips.
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PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #477
  • Nov 9, 2015 2:07am Nov 9, 2015 2:07am
It should be enough for a good trading day!
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Fully "double GAP" supported but still manual execution.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #478
  • Nov 9, 2015 2:22am Nov 9, 2015 2:22am
All trades closed by trailing stop?
Persistence will get it. Consistency will keep it.
  • #479
  • Nov 9, 2015 2:39am Nov 9, 2015 2:39am
Quoting Chake
All trades closed by trailing stop?
As a scalper, and not only, you should always be aware of your hard earned money and profits must be protected! If the move is strong enough it will be trailed until its TP, otherwise stopped out.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #480
  • Nov 9, 2015 4:49am Nov 9, 2015 4:49am
Quoting JibalaPasan
It should be enough for a good trading day! {image} {image} Fully "double GAP" supported but still manual execution.
Great work Jibala! I wonder if you could share your excel file. It is a useful configuration you have in this. You know I'm trading the GAP manually, this could help to produce more acurate results.



thanks Master
TONI
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