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MT4 Trading the GAP With Excel

  • #2,001
  • Jun 30, 2016 9:37am Jun 30, 2016 9:37am
Quoting JibalaPasan
{quote} If you are walking in the dark, no wonder if I look at the picture. I am even more than you. I had to zoom in a bit more for the analyses and I am asking where the heck did you (1 )get a sell signal and where is the bullish bar I am going in (2)? {image}

I was specking on the Current M30 bar, when the zoom is used thinks look much different also at my screen at that time was 1.9 pip's positive witch is actually the spread in this case.

Beside the GC / GD that are displayed in you're Spaghetti screen should we use other time frame gap or bar direction for confirmation of the entry like the M5 ?
All the condition displayed in you're Spaghetti have been fulfilled at the time of the initial trade.

Thanks,
By failing to prepare, you are preparing to fail.
  • #2,002
  • Jun 30, 2016 9:57am Jun 30, 2016 9:57am
Since morning, it remain that GBPJPY that destroy the day. If that happen it was just a meter of luck that another one wasn't bad like that one. It will happen again, and next time could happen to 2-3 maybe in row and then the green pips will not look that green anymore.

The TP would work much bigger for all trend trades, for counter trend's everything is just under observation, but I took the decision to run with smaller TP's this signal.
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By failing to prepare, you are preparing to fail.
  • #2,003
  • Jun 30, 2016 11:12am Jun 30, 2016 11:12am
DD 40 pips
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if you're doing we all have results with all
  • #2,004
  • Edited 4:35am Jul 1, 2016 4:09am | Edited 4:35am
Quoting project13et
Since morning, it remain that GBPJPY that destroy the day. If that happen it was just a meter of luck that another one wasn't bad like that one. It will happen again, and next time could happen to 2-3 maybe in row and then the green pips will not look that green anymore. The TP would work much bigger for all trend trades, for counter trend's everything is just under observation, but I took the decision to run with smaller TP's this signal. {image}
What we've analyzed that GBP pairs are very strange at the moment, we should exclude them. Next, counts for all currencies, the "failing" levels which you can see in the chart. We currently work with filters for the specified areas but still needs more data to be analyzed.
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Currencies very often fail on that Fibo extension level. And finally there are many small time-frames all over the day when we should give the market just a break to breath. One reason for all this is of course the fact that we have the situation with the BREXIT hence, we will not change much but observe and analyze a lot.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,005
  • Jul 1, 2016 6:11am Jul 1, 2016 6:11am
To underline the above statement:
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NZD (4) running along the level, nothing happens while GBP (3) & USD (1) + (2) bounced. If you get a signal there it's a losing trade already except SL is far far away!

The machine gun has stopped since the filters are implemented. Or it's just the calm before a storm? However only one order so far.
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The GAP and momentum (1) to (2) was already enough. Btw anybody caught that spike on the GBP?

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,006
  • Jul 1, 2016 7:24am Jul 1, 2016 7:24am
Hi Jarfx,
Nice results... What TF do you use for entry/confirmation? H4?, any time or afetr LO?.
Regards

Quoting jarfx05
DD 40 pips {image}{image}
  • #2,007
  • Edited 9:59am Jul 1, 2016 9:48am | Edited 9:59am
Quoting Miche09
Hi Jarfx, Nice results... What TF do you use for entry/confirmation? H4?, any time or afetr LO?. Regards {quote}
important to me are candles H4 , H1. The market itself sends signals only need to go after them .

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how long the trend will continue , no one knows but can read something with indices

or you have secured closed or wait? then you have to decide yourself if you trade manually.

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if you're doing we all have results with all
  • #2,008
  • Jul 1, 2016 10:27am Jul 1, 2016 10:27am
Thank you, I will try it next week. Regards

Quoting jarfx05
{quote} important to me are candles H4 , H1. The market itself sends signals only need to go after them . {image}{image} how long the trend will continue , no one knows but can read something with indices or you have secured closed or wait? then you have to decide yourself if you trade manually. {image}
  • #2,009
  • Jul 1, 2016 11:15am Jul 1, 2016 11:15am
Quoting Miche09
Thank you, I will try it next week. Regards {quote}
Alternatively, you can confirm the signals Ding Dong Dashboard

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if you're doing we all have results with all
  • #2,010
  • Jul 1, 2016 12:19pm Jul 1, 2016 12:19pm
Quoting JibalaPasan
To underline the above statement: {image} NZD (4) running along the level, nothing happens while GBP (3) & USD (1) + (2) bounced. If you get a signal there it's a losing trade already except SL is far far away! The machine gun has stopped since the filters are implemented. Or it's just the calm before a storm? However only one order so far. {image} {image} The GAP and momentum (1) to (2) was already enough. Btw anybody caught that spike on the GBP? Jibala


Probably in all this trades GBP was take, incredible lots of SL's. Everything goes automatic while I was away from PC. Lucky that the lot have been reduced.

It will be a busy weekend where lot of analyze have to be run.

Beside all that trades 131 more trades missed.
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By failing to prepare, you are preparing to fail.
  • #2,011
  • Edited 2:20pm Jul 1, 2016 1:00pm | Edited 2:20pm
DD 11 pips

Trade time 4,5 H

only 5 trades

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if you're doing we all have results with all
  • #2,012
  • Edited 2:31pm Jul 1, 2016 2:20pm | Edited 2:31pm
if you earn money on the forex help those who need help....


Inserted Video
if you're doing we all have results with all
  • #2,013
  • Jul 1, 2016 5:17pm Jul 1, 2016 5:17pm
Yes I do agree with Leet and Jibala
strange GBP behaviour and strange trading day, 4 losers are really too much for this system
GBP JPY current ADR(5 days) it's 812 pips
I will do my homework,but I don't think this week datas could be statistically relevant
total 12 trades,4 losers
DO UT DES
  • #2,014
  • Jul 1, 2016 5:45pm Jul 1, 2016 5:45pm
Quoting jarfx05
{quote} Alternatively, you can confirm the signals Ding Dong Dashboard {image}
Good idea, thank you jarfx
  • #2,015
  • Jul 2, 2016 4:47am Jul 2, 2016 4:47am
Quoting the bourne
Yes I do agree with Leet and Jibala strange GBP behaviour and strange trading day, 4 losers are really too much for this system GBP JPY current ADR(5 days) it's 812 pips I will do my homework,but I don't think this week datas could be statistically relevant total 12 trades,4 losers
Maybe Jibala can suggest something better then adr, for now i handwrite all adrs by hand with the values before gbp event.The problem is that all adr and abr use averages wich is not that good, if you ask me the most seen value in an range could be much better.
By failing to prepare, you are preparing to fail.
  • #2,016
  • Edited 5:26am Jul 2, 2016 4:50am | Edited 5:26am
Quoting Miche09
{quote} Good idea, thank you jarfx
more important of the system is a trader's psyche .
if you want to test it , build a suitable system and realistic goals ..

For example

- 1 trade H4 candle
- stop trading the day after they reach 100 pips / tomorrow is a day too
- risking only profit never Capital
- .......

Shoot the MM system on each day

frequent and chaotic trading results with profits turn into losses.
Be sure to build his trading plan!!!
if you're doing we all have results with all
  • #2,017
  • Jul 2, 2016 7:00am Jul 2, 2016 7:00am
Quoting jarfx05
{quote} more important of the system is a trader's psyche . if you want to test it , build a suitable system and realistic goals .. For example - 1 trade H4 candle - stop trading the day after they reach 100 pips / tomorrow is a day too - risking only profit never Capital - ....... Shoot the MM system on each day frequent and chaotic trading results with profits turn into losses. Be sure to build his trading plan!!!
All you're post are not related to the thread or to the subject's we are talking about. you should go and post in Basket threads or in the threads form where you took that system. But you already know that just you like to troll don't you?

We take the faith in our own hands here , we don't wait for any coder to come and give us for free trading strategies or tools. While dtlase is gone you decide to use other tools, because you fail to stick to one strategy more then 1 week, or to develop further what other's give you for free. Stick to the thread and stop being a troll since we know you're just a spoon feeder

Wish you all the love and many green pips
By failing to prepare, you are preparing to fail.
  • #2,018
  • Jul 2, 2016 7:28am Jul 2, 2016 7:28am
Quoting project13et
{quote} Maybe Jibala can suggest something better then adr, for now i handwrite all adrs by hand with the values before gbp event.The problem is that all adr and abr use averages wich is not that good, if you ask me the most seen value in an range could be much better.
The problem is not really the extremely wide range of the ADR but the instability of the GBP and the uncertainty of traders. Because of this situation, other currencies are also affected. But it's a real good and hard test for the system!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,019
  • Jul 2, 2016 9:52am Jul 2, 2016 9:52am
Quoting JibalaPasan
{quote} The problem is not really the extremely wide range of the ADR but the instability of the GBP and the uncertainty of traders. Because of this situation, other currencies are also affected. But it's a real good and hard test for the system! Jibala
For some of us that are using ADR is a very big problem, even because of the LBAR, comparing volatility etc. The wide range is result of 1 day, that 1 day doesn't reflect the actual market condition. Of course since you use multiple secrets, maybe for you is not affecting, maybe you're LBAR is not based on ADR and is based on RS dir / RS max.

But that kind of difference can give us multiple stop loses, and that can generate negative income not positive , specially when we are specking about 90% win rate. You can see it your self results of Friday.
By failing to prepare, you are preparing to fail.
  • #2,020
  • Jul 2, 2016 10:53am Jul 2, 2016 10:53am
I realize that the vision of the great fortunes can be tempting for you , but fast cash without effort is a fairy tale for the big kids . It is about as likely as meeting the Loch Ness monster or the Yeti Financial market there is no such thing as predicting the future , and the best example of this is the fact that financial analysts (ie modern variant listed diviners ) are of similar magnitude , and often even worse than the monkeys who bet at random , which already confirmed a number of studies practical Therefore, if you think you can beat the market, because you know a magic system "Excel spaghetti gun" to make the stock market, I suggest that you got rid of the costly illusion .

You can only react to what the market is doing at the moment
if you're doing we all have results with all
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