MT4 Trading the GAP With Excel | Page 27 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MT4 to Excel through Excel RTD (Finally!) 612 replies

Trading using Excel and MT4? 29 replies

MT4 Trading without GAP and without Excel 669 replies

How to copy profiles in MT4? How to use Excel with MT4? 7 replies

Integration between excel and MT4 prices 3 replies

Attachments: MT4 Trading the GAP With Excel
Exit Attachments

MT4 Trading the GAP With Excel

  • #521
  • Edited 10:47am Nov 12, 2015 10:19am | Edited 10:47am
Quoting Bernhard
{quote} did as you said. what does that mean {image}
Hi,

Is not really a problem.
Some time ago masofras used a different set of data for calculating relative strength.
It was in one of the excel sheets he uploaded.
This data i put in a .csv file and read at start of the indi.
If the file can not be found, you get this message and the calculation is done standard way.
So not really a problem.

I uploaded this file already and you must save him in the "..\Files" directory.

https://gyazo.com/0f4f074ae5e1aebcad7d3255e0ee546e



BR
It is not important how often you fall down, but how often you get up again
  • #522
  • Nov 12, 2015 10:30am Nov 12, 2015 10:30am
Quoting Clipi
{quote} Totally agree, the first entry with a TP of 5 pips is usually successful, but the second input is almost always failed. an operation for 30min candles would be perfect.
Just good, that others also confirm what I am preaching for long time already! There was a time the first move was good for something about 10 Pip. But market changes its behavior and our new analyses stated it's better to reduce TP until market will change again. It's really not a big problem to fetch some pips on every day if you just open your eyes and collect them!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #523
  • Nov 12, 2015 11:07am Nov 12, 2015 11:07am
Quoting JibalaPasan
{quote} Just good, that others also confirm what I am preaching for long time already! There was a time the first move was good for something about 10 Pip. But market changes its behavior and our new analyses stated it's better to reduce TP until market will change again. It's really not a big problem to fetch some pips on every day if you just open your eyes and collect them!
my problem is that with such a low TP, 5 pips and SL 15 make about 75% winning orders so that I stay the same, if I climb SL the percentage of winners is more or less the same 80% but the losers are too heavy and just in lost, which I do not find the equilibrium point to be profitable
I tried to put BE 3pips but not served.
I find the balance point, or as reducing operations will quickly lost.
if I upload TP 10 and SL 10 lowers the percentage of winners below 50%
  • #524
  • Nov 12, 2015 11:17am Nov 12, 2015 11:17am
Quoting LFN
Hi, anyone trading auto with dtlase version of Powermeter from post 451 in this thread? http://www.forexfactory.com/showthre...48#post8575948 Just wanted to post some results from Tokyo open +2 hours from today, this was even in high impact AUD news time. 20 trades, +60 (demo)pips. {image} The problem is this: It keeps opening orders on the same pair if the conditions is still met, after the first trade is closed. Several of the stoplosses could have been avoided if it only would send one trade per candle, lets say M30 candle....
Same thing happened at first hour of London open (high impact news here also as well). At least the UC and EU stoploss could have been avoided:
Attached Image (click to enlarge)
Click to Enlarge Name: lo.PNG Size: 47 KB



And first hour of NY open. At least one of the EN stoplosses could have been avoided with a "one trade per candle" setting.
Attached Image (click to enlarge)
Click to Enlarge Name: ny.PNG Size: 37 KB



dtlase - Do you have time for an update?
  • #525
  • Nov 12, 2015 9:28pm Nov 12, 2015 9:28pm
Quoting Clipi
{quote} my problem is that with such a low TP, 5 pips and SL 15 make about 75% winning orders so that I stay the same, if I climb SL the percentage of winners is more or less the same 80% but the losers are too heavy and just in lost, which I do not find the equilibrium point to be profitable I tried to put BE 3pips but not served. I find the balance point, or as reducing operations will quickly lost. if I upload TP 10 and SL 10 lowers the percentage of winners below 50%
One of Udines teachings (from 00-level-system): You have to choose your battles wisely!

- Have a system
- Have some rules
- Stick to the rules
- WUKAR (Wake Up Kick Ass Repeat)

For the GAP trading here some filters with an (good) average value:
Attached Image

Respect Fibo and Pivot! Do not trade against such levels, trade them with support. Also respect last bar. If it's to strong or goes against main trend, don't trade! Some more filters like RmLmt (room limit) and spread.

Next step to find out specific time frames or sessions, for which pairs will work the best. After all (which will take some time) you have a good set and I'm sure your trading will improve.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #526
  • Nov 13, 2015 12:50am Nov 13, 2015 12:50am
Quoting ppuruswani
{quote} I checked- no error showing on Expert and Journal Tab-
One more question
xAnchor and yAnchor are with screen dimensions ?

BR
It is not important how often you fall down, but how often you get up again
  • #527
  • Nov 13, 2015 6:43am Nov 13, 2015 6:43am
hello, you know how I can explain and resolve the issue.
installed everything but the paper works badly
Attached Image (click to enlarge)
Click to Enlarge Name: 15.PNG Size: 169 KB
  • #528
  • Nov 13, 2015 6:45am Nov 13, 2015 6:45am
Hi guys, currently I test GER30 and reset GAP on each order entry. Makes perfect sense, because I clearly see if and how my trade is moving. It also can help on order exit decision!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #529
  • Nov 13, 2015 7:13am Nov 13, 2015 7:13am
Quoting JibalaPasan
Hi guys, currently I test GER30 and reset GAP on each order entry. Makes perfect sense, because I clearly see if and how my trade is moving. It also can help on order exit decision!
Hi Jibala ,

i want to move this indicator to excel for forex , index , gold and silver . Can you give me a hint functions?

Thank you and best regards

Attached Image (click to enlarge)
Click to Enlarge Name: figs.png Size: 39 KB
if you're doing we all have results with all
  • #530
  • Nov 13, 2015 7:32am Nov 13, 2015 7:32am
Quoting jarfx05
{quote} Hi Jibala , i want to move this indicator to excel for forex , index , gold and silver . Can you give me a hint functions? Thank you and best regards {image}
Currencies and metals should not be a problem but indicies don't know how to calculate and measure against each others (like we can do with currencies). Next problem to keep "ALL" up-to-date and in respective ascending / descending order.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #531
  • Nov 13, 2015 7:38am Nov 13, 2015 7:38am
Quoting JibalaPasan
{quote} Currencies and metals should not be a problem but indicies don't know how to calculate and measure against each others (like we can do with currencies). Next problem to keep "ALL" up-to-date and in respective ascending / descending order.
Hi,

so I thought that this is not so simple. Values ​​change dynamically. It is a very good indicator . Maybe ask enlarged the GVC lest its functionality . Possibility enter currencies, index, gold and silver? . Possibility to choose the color and font size ?

Thank you for the quick reply
if you're doing we all have results with all
  • #532
  • Nov 13, 2015 8:33am Nov 13, 2015 8:33am
Quoting jarfx05
{quote} Hi Jibala , i want to move this indicator to excel for forex , index , gold and silver . Can you give me a hint functions? Thank you and best regards {image}
try this...

http://www.forexfactory.com/showthre...71#post8230871
Regard, Ding Dong
  • #533
  • Nov 13, 2015 8:40am Nov 13, 2015 8:40am
Hi,

An additional tool.
This one is based on breakouts out of box defined by confirmed last upper and lower fractal for every pair.
These results are aggregated by currency.

Next week i will upload the .mq4 file.
Need to check and document the code.
It is a fully stand alone indi.

Attached Image (click to enlarge)
Click to Enlarge Name: BO_Tool_Strength.png Size: 25 KB


BR
It is not important how often you fall down, but how often you get up again
  • #534
  • Nov 13, 2015 11:09am Nov 13, 2015 11:09am
Quoting LFN
{quote} Same thing happened at first hour of London open (high impact news here also as well). At least the UC and EU stoploss could have been avoided: {image} And first hour of NY open. At least one of the EN stoplosses could have been avoided with a "one trade per candle" setting. {image} dtlase - Do you have time for an update?
Hi friends,
One trade per candle update as requested by LFN.
Attached File(s)
File Type: ex4 Dashboard - Power MeterV5c.ex4   301 KB | 593 downloads
  • #535
  • Nov 13, 2015 11:29am Nov 13, 2015 11:29am
Hi friends,
These are still in developing phase.
1. MADdash included
2. 3TF GAP

still working on the Fibo, Pivot and News.

dtlase
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3TF_GAP.PNG Size: 165 KB
Click to Enlarge Name: MADdash+GAP.PNG Size: 144 KB
Click to Enlarge Name: MADdash+GAP2.PNG Size: 145 KB
  • #536
  • Nov 13, 2015 11:47am Nov 13, 2015 11:47am
Hi friends,
You can test GAP + MADdash manual. NO AUTO YET.
The GAP should help identify reversal and continuation of trend.
Attached File(s)
File Type: ex4 Dashboard - Power MeterV5i.ex4   327 KB | 680 downloads
  • #537
  • Nov 13, 2015 1:32pm Nov 13, 2015 1:32pm
Wow dtlase. That was quick!
The auto screenshot at order open would also make optimisation more easy if it would be possible to implement.
Thanks and have a nice wekend
  • #538
  • Edited Nov 14, 2015 8:35am Nov 13, 2015 3:04pm | Edited Nov 14, 2015 8:35am
Quoting dtlase
Hi friends, You can test GAP + MADdash manual. NO AUTO YET. The GAP should help identify reversal and continuation of trend. {file}
Hi dtlase,

You are truly a wonderful guy, behind the stage doing all the work and gifting us with such tools.

Thanks a lot for the update bro and God bless.
  • #539
  • Nov 13, 2015 10:08pm Nov 13, 2015 10:08pm
Quoting dtlase
Hi friends, You can test GAP + MADdash manual. NO AUTO YET. The GAP should help identify reversal and continuation of trend. {file}
Once again thanks and great job!
  • #540
  • Nov 13, 2015 10:40pm Nov 13, 2015 10:40pm
Quoting dtlase
Hi friends, You can test GAP + MADdash manual. NO AUTO YET. The GAP should help identify reversal and continuation of trend. {file}
dtlase - thank you for your fantastic work on this.
I have one querry: what EA setting(s) cause the three GAP1, GAP2 and GAP3 columns to show?
When I installed it (after market had closed), I only show one ("GAP" column).
Attached Image
0 traders viewing now