Attachments: MT4 Trading the GAP With Excel

MT4 Trading the GAP With Excel

#1,901
Jun 24, 2016 12:39am Jun 24, 2016 12:39am

project13et
Joined Nov 2015 | Status: Trader | 985 Posts

Quoting jarfx05

Disliked

{quote} lest you risk 35 pips earn 5 pips . for me this is not a machine gun but pistol on the water . RR .... you heard anything about RR ? I wish you much happiness

Ignored

First of all do you're homework calculate my TP and you will see that go much upper 1/3 with SL ,

Second how you will calculate the Risk Reward when you involve a statistic probability of wining the trade of 90% ?

By failing to prepare, you are preparing to fail.

#1,902
Jun 24, 2016 2:44am Jun 24, 2016 2:44am

ken331
| Joined Jan 2014 | Status: Trader | 14 Posts

Hi Jibala,

I am been following this thread quietly and learn alot from you. Can you give some hints how do you set stoploss and take profit and each pairs. Are they fixed or Dynamic for every time ?

#1,903
Jun 24, 2016 2:54am Jun 24, 2016 2:54am

project13et
Joined Nov 2015 | Status: Trader | 985 Posts

Quoting ken331

Disliked

Hi Jibala, I am been following this thread quietly and learn alot from you. Can you give some hints how do you set stoploss and take profit and each pairs. Are they fixed or Dynamic for every time ?

Ignored

Each SL / and TP get calculated automatic with every tick. SL is automatic placed at the best level , under turning points and TP is automatic adjusted that account risk % to remain always fix and adjusted to gain maxim from each trade.

By failing to prepare, you are preparing to fail.

#1,904
Jun 24, 2016 4:02am Jun 24, 2016 4:02am

richard.l
| Additional Username | Joined Jun 2016 | 5 Posts

Quoting project13et

Disliked

{quote} Each SL / and TP get calculated automatic with every tick. SL is automatic placed at the best level , under turning points and TP is automatic adjusted that account risk % to remain always fix and adjusted to gain maxim from each trade.

Ignored

Excuse me as I am new.
When you say "SL is automatic placed at the best level" I assume you mean at Support and at Resistance? Correct? as per Maria
Your comment "TP is automatic adjusted that account risk % to remain always fix and adjusted to gain maxim from each trade" - always remains fixed and adjusted? apologies, I am confused, can you please be more specific?
Thankyou

#1,905
Jun 24, 2016 5:12am Jun 24, 2016 5:12am

project13et
Joined Nov 2015 | Status: Trader | 985 Posts

Quoting richard.l

Disliked

{quote} Excuse me as I am new. When you say "SL is automatic placed at the best level" I assume you mean at Support and at Resistance? Correct? as per Maria Your comment "TP is automatic adjusted that account risk % to remain always fix and adjusted to gain maxim from each trade" - always remains fixed and adjusted? apologies, I am confused, can you please be more specific? Thankyou

Ignored

Best level yes, always put under/above support and resistance if there is any in the near proximity .

Based on the SL the lot size is adjusted to use the same account risk % .

The TP is adjusted to get as much pips possibility using probability of market movement in the direction of the trade.

By failing to prepare, you are preparing to fail.

#1,906
Edited 6:12am Jun 24, 2016 5:58am | Edited 6:12am

jarfx05
Joined Sep 2014 | Status: FF is a waste of time | 1,361 Posts

Quoting richard.l

Disliked

{quote} Excuse me as I am new. When you say "SL is automatic placed at the best level" I assume you mean at Support and at Resistance? Correct? as per Maria Your comment "TP is automatic adjusted that account risk % to remain always fix and adjusted to gain maxim from each trade" - always remains fixed and adjusted? apologies, I am confused, can you please be more specific? Thankyou

Ignored

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Note the last bargain GBPJPY . It risking 57 pips to go to earn 7 pips .

90 % winnings sounds good

with 80% of the winnings you lose money!!!

if you put SL always you have to accomodate it can be hit. This is just my personal attention

forex is good that everyone can do as he thinks

regards

if you're doing we all have results with all

#1,907
Jun 24, 2016 6:32am Jun 24, 2016 6:32am

project13et
Joined Nov 2015 | Status: Trader | 985 Posts

Quoting jarfx05

Disliked

{quote} {image} Note the last bargain GBPJPY . It risking 57 pips to go to earn 7 pips . 90 % winnings sounds good with 80% of the winnings you lose money!!! if you put SL always you have to accomodate it can be hit. This is just my personal attention forex is good that everyone can do as he thinks regards

Ignored

Then what can I say lucky me I stay in that 90% , this discussion about R:R generate a lot of controversy even here and in 00 Thread, also Nathalia & JibalaPasan explain the R:R more times , and I learned from them.

Search my early posts and you will see when I come at this thread I was a VERY AGAINST it !! At that time if I remember good you was using it .... time has pass and the roles got a bit inverted.

I suggest you start study http://forexop.com/strategy/stop-los...s-max-returns/ is a very good example for begin. From there you can develop you're own system and see how it works.

Everyone is free to use whatever they want and consider, play with you're money how you want, but this is the way I am playing with mine and I am happy of my results.

By failing to prepare, you are preparing to fail.

#1,908
Jun 24, 2016 8:32am Jun 24, 2016 8:32am

JibalaPasan
Joined Jun 2014 | Status: Trader | 2,498 Posts

Quoting ken331

Disliked

Hi Jibala, I am been following this thread quietly and learn alot from you. Can you give some hints how do you set stoploss and take profit and each pairs. Are they fixed or Dynamic for every time ?

Ignored

The whole system is a dynamic system thus SL is slightly dynamic as well and varies in a range of 15 to ...

PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)

#1,909
Jun 24, 2016 8:46am Jun 24, 2016 8:46am

JibalaPasan
Joined Jun 2014 | Status: Trader | 2,498 Posts

3 losers from last night (or early morning):

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Because the spread has increased.

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We can't get them all!

Very happy for perfect deals like these:

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A new era will start, BREXIT has come true! Congrats to the Britain for their courage.

Jibala

PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)

#1,910
Jun 24, 2016 9:49am Jun 24, 2016 9:49am

jarfx05
Joined Sep 2014 | Status: FF is a waste of time | 1,361 Posts

British nationalists they shot themselves in the foot

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if you're doing we all have results with all

#1,911
Edited Jun 26, 2016 6:32am Jun 25, 2016 2:54pm | Edited Jun 26, 2016 6:32am

jarfx05
Joined Sep 2014 | Status: FF is a waste of time | 1,361 Posts

Quoting project13et

Disliked

{quote} Then what can I say lucky me I stay in that 90% , this discussion about R:R generate a lot of controversy even here and in 00 Thread, also Nathalia & JibalaPasan explain the R:R more times , and I learned from them. Search my early posts and you will see when I come at this thread I was a VERY AGAINST it !! At that time if I remember good you was using it .... time has pass and the roles got a bit inverted. I suggest you start study http://forexop.com/strategy/stop-los...s-max-returns/ is a very good example for...

Ignored

what kind of authority Nathalia or Jibala?

child learn the basics of hair trading....

Risk / Reward – The Holy Grail of Forex Trading Money Management

http://www.learntotradethemarket.com...ers-make-money

http://www.learntotradethemarket.com...-forex-trading

there are no short cuts just need to make up for their lessons

if you're doing we all have results with all

#1,912
Jun 26, 2016 5:07am Jun 26, 2016 5:07am

project13et
Joined Nov 2015 | Status: Trader | 985 Posts

Quoting JibalaPasan

Disliked

3 losers from last night (or early morning): {image} {image} Because the spread has increased. {image} We can't get them all! Very happy for perfect deals like these: {image} {image} A new era will start, BREXIT has come true! Congrats to the Britain for their courage. Jibala

Ignored

Congratulation on you're result. None of that trades will hit SL if the wasn't about GBP. It happen to me also, but it happen also to take TP bigger then normal because of the fast drop. But that wasn't the normal market condition. In the next months we expect for unstable markets and high volatility witch I personally see it is a good think for FIFO system's

In the last months we all learn a lot about the GAP theory and you're trading style, we know what MTF GAP is best for trading, and for some of us that give a good results , now with the new spaghetti trading witch is more scalping any other trading method .

How the old dash gap sheet where the MTF and MTF flexi are illustrate will gone help us in this new method? Should we use similar multiple time frames gap's but on a lower time frame ?

Will the Secure trading Barometer still help us trading this methods? Since that was one of the sheet that have been illustrate on almost all trades, also in one of you're early photo of Spaghetti was including CTB sheet also.

Many Thanks,

By failing to prepare, you are preparing to fail.

#1,913
Jun 26, 2016 9:39am Jun 26, 2016 9:39am

JibalaPasan
Joined Jun 2014 | Status: Trader | 2,498 Posts

Quoting project13et

Disliked

{quote} In the next months we expect for unstable markets and high volatility [...] How the old dash gap sheet where the MTF and MTF flexi are illustrate will gone help us in this new method? Should we use similar multiple time frames gap's but on a lower time frame ? Will the Secure trading Barometer still help us trading this methods? Since that was one of the sheet that have been illustrate on almost all trades, also in one of you're early photo of Spaghetti was including CTB sheet also. Many Thanks,

Ignored

- This will be a good time to see if and how the system(s) can perform and handle such market conditions.

- The spaghetti system also is using MTF and flexi filters

- The power of the "STB" is the "sync status" and the "correlation" of currencies and selected pairs as well. Both has been integrated since a basket is bought / sold only if it's complete means, the pairs have to be "sync" and the related currencies must be n% negative correlated to each others.

Jibala

PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)

#1,914
Jun 26, 2016 9:55am Jun 26, 2016 9:55am

Rb11
| Joined Apr 2015 | Status: Trader | 17 Posts

Quoting JibalaPasan

Disliked

{quote} - This will be a good time to see if and how the system(s) can perform and handle such market conditions. - The spaghetti system also is using MTF and flexi filters - The power of the "STB" is the "sync status" and the "correlation" of currencies and selected pairs as well. Both has been integrated since a basket is bought / sold only if it's complete means, the pairs have to be "sync" and the related currencies must be n% negative correlated to each others. Jibala

Ignored

Jibala, do you mind sharing a picture of your spaghetti dashboard, with current values during the weekend? Like you did last week. That really helped in checking some values and insights.

thanks in advance!

Enter Signature

#1,915
Jun 26, 2016 11:54am Jun 26, 2016 11:54am

JibalaPasan
Joined Jun 2014 | Status: Trader | 2,498 Posts

Quoting Rb11

Disliked

{quote} Jibala, do you mind sharing a picture of your spaghetti dashboard, with current values during the weekend? Like you did last week. That really helped in checking some values and insights. thanks in advance!

Ignored

Here you go:

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