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MT4 Trading the GAP With Excel

  • #601
  • Nov 25, 2015 9:48am Nov 25, 2015 9:48am
Quoting LFN
Is this for real? Less than 2 hours since I started the new 5i, full auto. Default settings, but TP8, SL17. Showing all trades, both opened and closed. Lets see after some time what filters we have to enable. But it looks stunning on this VERY short period. Of course I am not drawing any conclusions yet. {image}

Nice one.
  • #602
  • Nov 25, 2015 9:51am Nov 25, 2015 9:51am
Quoting JibalaPasan
{quote} Best style of trading when you are one step ahead always! Look at the position of GBP, JPY & USD on the right csm and heatmap. The GAP has become my most important indicator for scalping! {image} {image} {image} Today all manual trading! {image} Wish you all more green pips.

Thanks JibalaPasan.
  • #603
  • Nov 25, 2015 9:53am Nov 25, 2015 9:53am
Quoting pipdripper
{quote} Hi dtlase, 1. Concerning the snapshots, can you make the Dashboard to create a default Folder under the MQL4\Files directory where are the snapshots can be stored instead of the root directory of the files folder. For instance, MQL4\Files\DB-PMV5i\... 2. Also, regarding the naming style of the snapshots, can you include the Currency-TradeType-Timeframe in addition to the time signatures to the individual snapshots themselves because when you are analysing more than one snapshot and then switch windows, it is often difficult getting back...
Noted.
  • #604
  • Nov 25, 2015 9:59am Nov 25, 2015 9:59am
Quoting dagoods
brothers is there a way to have alerted when the currency flips postions for example in the pic when gdp currently in position one were to drop to position 2 and then have a down arrow..... that would be an alert OR nzd shwoing in postion 8 moves up to postion 7 then shows an up arrow..... boom we get an autotrade or alert espcially after being above a 95% ratio as per marialuzas reversal rules POSITION CHANGE = important PS i'm not sure if that's what is being done please advise. {image}
@dagoods
Sometimes flipping position may just be temporary. It may not be the end of the strength.
  • #605
  • Nov 25, 2015 10:00am Nov 25, 2015 10:00am
Quoting dagoods
{quote} Please explain what is shown as i'm not understanding what is the point being shown there. thank you kindly.
CSM + GAP
  • #606
  • Nov 25, 2015 10:10am Nov 25, 2015 10:10am
Quoting dtlase
{quote} CSM + GAP
thank you....
yes agreed...but i like the idea of when some currency flips positions to look for the trade opportunity rather than looking at every candle.. there is always areason when the currencies flip postions...

if you can combine the flip with 95% bid ratio as er marialuza Plus new strength and gap in the new direction then you can hold that trade for bigger pips since you've identified the turn

just 2 cents from ny peanut

thanks agaian for sharing
  • #607
  • Nov 25, 2015 12:18pm Nov 25, 2015 12:18pm
Quoting dtlase
{quote} Nice one.
my result was 99% loss in full auto mode....
  • #608
  • Nov 25, 2015 12:42pm Nov 25, 2015 12:42pm
Quoting rabbit68
{quote} my result was 99% loss in full auto mode....

same here-
  • #609
  • Nov 25, 2015 1:15pm Nov 25, 2015 1:15pm
Quoting LFN
Is this for real? Less than 2 hours since I started the new 5i, full auto. Default settings, but TP8, SL17. Showing all trades, both opened and closed. Lets see after some time what filters we have to enable. But it looks stunning on this VERY short period. Of course I am not drawing any conclusions yet. {image}

Well. It turned against me also in the end of the London open. From around +120 as best, to -36:
I guess we need GAP setting as first filter.
Attached Image (click to enlarge)
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  • #610
  • Nov 25, 2015 2:13pm Nov 25, 2015 2:13pm
Quoting JibalaPasan
{quote} Best style of trading when you are one step ahead always! Look at the position of GBP, JPY & USD on the right csm and heatmap. The GAP has become my most important indicator for scalping! {image} {image} {image} Today all manual trading! {image} Wish you all more green pips.

Can u please share or let me know where to find the file "Power Trading Panel"

Thank you.
Trading is SIMPLE not EASY.
  • #611
  • Nov 25, 2015 4:53pm Nov 25, 2015 4:53pm
Oboy I must be tired now.

I am missing some inputs in the latest 5i compared to 5c.

5c:
Attached Image




5i:
Attached Image



I cant find the input for the GAP trigger in latest 5i. It was "GapLevelToOpenBuy (and sell) in 5c.
Is it this input?
Attached Image


I only find this two lines for GAP:
Attached Image



I also miss these inputs (from 5c):
"Level to open Buy (BSR)"
"Level to open Sell (BSR)"

Is the RS inputs deleted and replaced with the new CSM inputs?
Sorry for all questions.
  • #612
  • Nov 25, 2015 5:00pm Nov 25, 2015 5:00pm
Quoting LFN
Oboy I must be tired now. I am missing some inputs in the latest 5i compared to 5c. 5c: {image} 5i: {image} I cant find the input for the GAP trigger in latest 5i. It was "GapLevelToOpenBuy (and sell) in 5c. Is it this input? {image} I only find this two lines for GAP: {image} I also miss these inputs (from 5c): "Level to open Buy (BSR)" "Level to open Sell (BSR)" Is the RS inputs deleted and replaced with the new CSM inputs? Sorry for all questions.
Hi,

i have just want to ask a same question .

Box
  • #613
  • Nov 25, 2015 5:58pm Nov 25, 2015 5:58pm
Quoting dtlase
{quote} Hello friends, Here is the updated version of V5i. You can now trade auto. - I have included the CSM fully. Before Enter Buy trade when Base Arrow =UP and Quote Arrow =Down Enter Sell trade when Base Arrow =Down and Quote Arrow =UP Update Enter Buy trade when Base Strength >trigger Strength Strong && Quote Strength < trigger Strength Weak Enter Sell trade when Base Strength < trigger Strength Weak && Quote Strength >trigger Strength Strong With this filter you may have less trade now because you are only trading Strong vrs Weak currency....

Hi Dtlase,

this dash looks like a really good base for further testing and development. During last few months i have tested original GVC PowerM dash, also HP CSM dash, and lately Aeseme dash also. All of them are quite good but, since i like auto mode, i would like to test your version also these days.

Before i start i would like to be sure about logic of some calculation, so if you could take a few moments just to explain me some things.

GAP interval

eg. if we set 60 min interval, what this really mean?
a) we will have GAP in Abs. strength value vs fixed '1 second (beginning)' of every hour or
b) we have GAP of rolling 60 min period of time, so Gap value of Nmin - Gap value N-60min in history, at 13.12h vs 12.12h, 13.13 vs 12.13h.....

I ask this because it is important for me to understand do we see 60Mperiod Gap calculation all the time, or actually we see this info just 24 seconds in day (eg.13.59.59 vs 13.00.00), and all other time we see GAP values for periods < then 60min (eg.1-59 min)

CSM - i believe it's calculation from Daily Open till current time, following same time window like Bid-ratio, please confirm, if we set TF for CS filter lower then day eg. H4, how calculation then works?

HIGH-LOW filtering - please can you explain this functionality


English is not my first language, so sorry for that. I am really exited to start testing this dash, you have a lot of lead and lagg indies inside, lot of setups to try.

Thank you in advance for your time.

Box
  • #614
  • Nov 25, 2015 7:45pm Nov 25, 2015 7:45pm
Ooh, rock me Amadeus Rock me Amadeus, rock me Amadeus Rock me all the time to the top.

Some nice scalpers this morning already:
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And once again I was one step ahead!
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Enjoy your day and good luck to you all.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #615
  • Nov 25, 2015 8:11pm Nov 25, 2015 8:11pm
Quoting garfield75
{quote} Can u please share or let me know where to find the file "Power Trading Panel" Thank you.
http://www.forexfactory.com/showthre...06#post8605206
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.11.26_09h56m02s_071_.png Size: 52 KB

For the order execution on mt4 you need an api and some macros for the buttons.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #616
  • Nov 25, 2015 8:14pm Nov 25, 2015 8:14pm
Quoting dtlase
Hi all, Try the EA with default settings, "pure Strength Meter" and see how it works. After you can start adding other filters like BR, RS, BSr, GAP, RSI, MAs, etc I will suggest you let Strong/Weak currencies be the base of your trading. Pictures speaks a lot. Some of JibalaPasan pictures.
Guys, what am I doing wrong here, I loaded the EA with default settings just changed the SL and TP and it has not taken a trade, I cannot figure it out, yes I have autotrading on in the MT4.

I am attaching the set file I am using in the hope that someone can please point out what I am doing wrong. Any help will be appreciated.

Thank you.
Attached File(s)
File Type: zip New WinRAR ZIP archive.zip   1 KB | 754 downloads
  • #617
  • Edited 9:34pm Nov 25, 2015 9:23pm | Edited 9:34pm
@dagoods, many thanks for your kind words! People like you will never become successful, because your jealousy makes you blind to see reality. For people like you others can't share information enough, you're still not able to multiplicate 1 x 1!

THANK YOU

You will dream about for ever:
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2015.11.26_11h31m08s_075_.png Size: 54 KB
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #618
  • Nov 26, 2015 12:06am Nov 26, 2015 12:06am
Quoting JibalaPasan
Ooh, rock me Amadeus Rock me Amadeus, rock me Amadeus Rock me all the time to the top. Some nice scalpers this morning already: {image} {image} {image} {image} And once again I was one step ahead! {image} {image} Enjoy your day and good luck to you all.
Hi Jibala
When you scalp the M1 charts manually using your "non-fallible GAP Eagle Eye" do you use a fixed SL/TP setting or are you using variable SL/TP settings guided by the signals from your CM Strength / Heatmap Modoki indicators. What will be an appropriate pip stop loss pip value for this type of scalping
Regards
  • #619
  • Nov 26, 2015 12:22am Nov 26, 2015 12:22am
Quoting JibalaPasan
Ooh, rock me Amadeus Rock me Amadeus, rock me Amadeus Rock me all the time to the top. Some nice scalpers this morning already: {image} {image} {image} {image} And once again I was one step ahead! {image} {image} Enjoy your day and good luck to you all.
Ji Jibala,
The gap and CSM direction oftenly keep flipping up and down. What is your trick to distint quite exactly which event will last long enough to reach your TP?
  • #620
  • Nov 26, 2015 1:04am Nov 26, 2015 1:04am
Quoting Kooza
{quote} Hi Jibala When you scalp the M1 charts manually using your "non-fallible GAP Eagle Eye" do you use a fixed SL/TP setting or are you using variable SL/TP settings guided by the signals from your CM Strength / Heatmap Modoki indicators. What will be an appropriate pip stop loss pip value for this type of scalping Regards
Once again, I don't use any charts for trading, except Gold and GER30. The M1 chart is for illustration purpose only. The Trading Panel is all I use! The information is available for all, just use the excel sheet which has been provided already. Add a new line for the GAP, if not done already and thats it. Now you have to study and understand how it works exactly.

If you want order execution directly from within excel you need an api and someone who will code the macros for the buttons.

Each trade starts with a CRV of 1:1 (35 Pip). If trading the [-]GAP in uptrend or the [+]GAP in downtrend it mostly will reach 4.2 only, because this is the level where TP will be secured. If it's a strong bounce it can be more. When going with trend all depends on momentum, hence it's important to enter at the right point of time. Gold and GER30 have other conditions, I use pitchfork and Fibos for entry and exit. But that style needs much more screen time!

http://www.forexfactory.com/showthre...71#post8545471
http://www.forexfactory.com/showthre...97#post8533797

And last but not least the system is not unfailingly, there are losses too but they are rare.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
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