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MT4 Trading the GAP With Excel

  • #821
  • Dec 9, 2015 7:38am Dec 9, 2015 7:38am
Quoting project13et
All the signals look perfect for reversal, If you enter the trade and get a pull back of 15 pips then to get 4pip , why not getting the 4pips reversal? Or of course like I said before, there are other formulas that @JibalaPasan use. Absolute strength can be calculate in many ways P.S. That's one of the most positive result, since the pull back wasn't to big {image}
So many opportunities today! Trading has become very comfortable in these days.
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And sometimes they just don't let me in!
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PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #822
  • Dec 9, 2015 7:40am Dec 9, 2015 7:40am
Quoting rabbit68
dear project, which HA candle indicator as you using ? it looks very 'smooth' thank you for sharing, if you don;t mind. {quote}
SimpleBars
By failing to prepare, you are preparing to fail.
  • #823
  • Dec 9, 2015 8:22am Dec 9, 2015 8:22am
Many thanks, I already have that but never used it ! Cheers !
Quoting project13et
{quote} SimpleBars
  • #824
  • Dec 9, 2015 8:53am Dec 9, 2015 8:53am
Quoting rabbit68
Many thanks, I already have that but never used it ! Cheers ! {quote}
Hi rabbit- can you share here also please-
  • #825
  • Dec 9, 2015 9:15am Dec 9, 2015 9:15am
Quoting ppuruswani
{quote} Hi rabbit- can you share here also please-
i think it is this one.
Attached File(s)
File Type: ex4 SimpleBars.ex4   12 KB | 442 downloads
  • #826
  • Dec 9, 2015 9:44am Dec 9, 2015 9:44am
Quoting rabbit68
{quote} i think it is this one. {file}
Thanks-
  • #827
  • Dec 9, 2015 12:25pm Dec 9, 2015 12:25pm
I made a new based on the values that have been provided here. Similar to @jarfx05 trades.

GAP +/- 1.2 , BR L78%/S22% / RS +/- 7.22 BSR +/- 5.16 if condition meat display BUY/SELL for pair

2nd signal based GAP_SYNC on pairs , BUY/SELL signal near pairs with condition's so it can be easy direction of the pair , and how to take the order.

Will test drive this tomorrow and come back with results
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By failing to prepare, you are preparing to fail.
  • #828
  • Dec 9, 2015 12:33pm Dec 9, 2015 12:33pm
Quoting project13et
I made a new based on the values that have been provided here. Similar to @jarfx05 trades. GAP +/- 1.2 , BR L78%/S22% / RS +/- 7.22 BSR +/- 5.16 if condition meat display BUY/SELL for pair 2nd signal based GAP_SYNC on pairs , BUY/SELL signal near pairs with condition's so it can be easy direction of the pair , and how to take the order. Will test drive this tomorrow and come back with results {image}

Great - will wait for result-
  • #829
  • Dec 9, 2015 1:03pm Dec 9, 2015 1:03pm
Quoting JibalaPasan
{quote} So many opportunities today! Trading has become very comfortable in these days. {image} {image} {image} And sometimes they just don't let me in! {image}
Hello JibalaPasan,

Can you please share this

Sarju.
  • #830
  • Dec 9, 2015 1:08pm Dec 9, 2015 1:08pm
Quoting project13et
I made a new based on the values that have been provided here. Similar to @jarfx05 trades. GAP +/- 1.2 , BR L78%/S22% / RS +/- 7.22 BSR +/- 5.16 if condition meat display BUY/SELL for pair 2nd signal based GAP_SYNC on pairs , BUY/SELL signal near pairs with condition's so it can be easy direction of the pair , and how to take the order. Will test drive this tomorrow and come back with results {image}
Question: how often do you plan to refresh the sheet get the current gap , 30m, 60m, 120m, 240m ?
  • #831
  • Dec 9, 2015 1:37pm Dec 9, 2015 1:37pm
Quoting rabbit68
{quote} Question: how often do you plan to refresh the sheet get the current gap , 30m, 60m, 120m, 240m ?
Here I have some questions not answered before, since the indicator that generate the DWM file is set on a 30min chart, so auto update at 30 min.

But values are getting imported in real time in excel (gap_test) for example.

The orders is played only if at 30 min update it's signal , or if during anytime the opportunity come then order is placed.

Also in GAP_test there is a time watcher that count every minute.

I think a GAP counter can be introduced and correlated with some other filters to be used for reversal, this could be more power full since the SL/TP can be 2:1 , 3:1.
By failing to prepare, you are preparing to fail.
  • #832
  • Dec 10, 2015 4:08am Dec 10, 2015 4:08am
Quoting project13et
I made a new based on the values that have been provided here. Similar to @jarfx05 trades. GAP +/- 1.2 , BR L78%/S22% / RS +/- 7.22 BSR +/- 5.16 if condition meat display BUY/SELL for pair 2nd signal based GAP_SYNC on pairs , BUY/SELL signal near pairs with condition's so it can be easy direction of the pair , and how to take the order. Will test drive this tomorrow and come back with results {image}

How it going project?-
  • #833
  • Dec 10, 2015 4:24am Dec 10, 2015 4:24am
Quoting ppuruswani
{quote} How it going project?-

If I put them in reversal it would be the perfect trades, most of them

Of course if you trade a weak vs a strong pair, and you put a 60pips SL you will reach the TP most of time. But you will use a lot of margin , and very big drop down.

1 Lose will be 30 wins if 60SL/4TP, so no I am not using 60 pips SL , I am using an ATR SL on 5 min. Since it's scalping I don't want to stay all day in trades for 4 pips
By failing to prepare, you are preparing to fail.
  • #834
  • Dec 10, 2015 4:51am Dec 10, 2015 4:51am
Quoting JibalaPasan
1. Recognize a possible GAP in an early stage. {image} 2. Place your order(s) 3. Watch progress of GAP {image} 4. Count your profit! {image} {image}
Jibala, what indicator is this? please share.

Regards
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  • #835
  • Dec 10, 2015 5:17am Dec 10, 2015 5:17am
because of the bid ratio, the gap play is usually or always buying into strength i.e high making new high or vice versa for weakness, sell into low for new low. usually just after that there is a pullback before the move resumes. don't get caught at the peak or at the low. i can see that it is a good scalper for some for it is not for all. it depends on your trading style.

Quoting project13et
{quote} If I put them in reversal it would be the perfect trades, most of them Of course if you trade a weak vs a strong pair, and you put a 60pips SL you will reach the TP most of time. But you will use a lot of margin , and very big drop down. 1 Lose will be 30 wins if 60SL/4TP, so no I am not using 60 pips SL , I am using an ATR SL on 5 min. Since it's scalping I don't want to stay all day in trades for 4 pips
  • #836
  • Dec 10, 2015 5:40am Dec 10, 2015 5:40am
Quoting project13et
{quote} If I put them in reversal it would be the perfect trades, most of them Of course if you trade a weak vs a strong pair, and you put a 60pips SL you will reach the TP most of time. But you will use a lot of margin , and very big drop down. 1 Lose will be 30 wins if 60SL/4TP, so no I am not using 60 pips SL , I am using an ATR SL on 5 min. Since it's scalping I don't want to stay all day in trades for 4 pips
lest wait long for TP , use excel , CMS and HM

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if you're doing we all have results with all
  • #837
  • Dec 10, 2015 5:56am Dec 10, 2015 5:56am
Quoting rabbit68
because of the bid ratio, the gap play is usually or always buying into strength i.e high making new high or vice versa for weakness, sell into low for new low. usually just after that there is a pullback before the move resumes. don't get caught at the peak or at the low. i can see that it is a good scalper for some for it is not for all. it depends on your trading style. {quote}
Also in all trades @JibalaPasan show this indicators, that has not been yet revealed how they are calculated. It has been asked many times if there is no average or how he can sync gap formula for all pairs, and bid ratio .

When I ask this he answer with some "quotes", maybe anyone can explain how this is calculated.
Attached Image
By failing to prepare, you are preparing to fail.
  • #838
  • Dec 10, 2015 7:41am Dec 10, 2015 7:41am
Quoting project13et
{quote} Also in all trades @JibalaPasan show this indicators, that has not been yet revealed how they are calculated. It has been asked many times if there is no average or how he can sync gap formula for all pairs, and bid ratio . When I ask this he answer with some "quotes", maybe anyone can explain how this is calculated. {image}
you can successfully trade without these calculations. See full enclosure and not on the number . :nerd:

Regards

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if you're doing we all have results with all
  • #839
  • Dec 10, 2015 8:01am Dec 10, 2015 8:01am
Quoting jarfx05
{quote} you can successfully trade without these calculations. See full enclosure and not on the number . :nerd: Regards {image}
If you just enter a trade in the direction on a main trend and wait until market come to you to take profit, this is not smart trading for me. When you get 1 SL what you do, you start trading again same strategy but double up the money?

I want to fully understand how this system work, and why I should to thinks not just doing them. But there is to less explanation about this GAP here, and lot of questions unanswered.
By failing to prepare, you are preparing to fail.
  • #840
  • Dec 10, 2015 8:56am Dec 10, 2015 8:56am
Quoting jarfx05
Hi JIbala , my trading was very chaotic. As you showed on the forum 0 lossy , i thought that also preferable to try . I did not think the ladies will do the trick . Today I did not commit this error yesterday and the prize is 0 losers on the Asian session . Only 10 pips enough to survive on the market. Regards {image}
hi,jarfx05

Although your grades are very great, is this manual?
Or is automatic?
What to reference, do you have been trade?
I am glad if you can, Professor.

Best regards
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