MT4 Trading the GAP With Excel | Page 113 | 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

  • #2,241
  • Aug 8, 2016 11:48am Aug 8, 2016 11:48am
Quoting JibalaPasan
Brother @project13et to answer your question from #Post 2,237, all orders haven been executed automatically without any intervention and as you can see the short was taken while a buy order was still in play. You have to change your filters! Why not to take it? There is no reason given. Furthermore you both (@BlacMoni) have or should think about your TP algorithm. Kindly do more analyses which time-frames need a bigger TP and which a very small! {image} {image} We do not use LBAR as a filter anymore, I've stated some posts ago already! If you enter...
This are my today results, Aggressive and Moderate settings and signal. I run this signals with minim TP just for study, because if the minim TP is not good enough and not reached a higher one will be even worst. Today they run with normal TP , but it seams even this is lower then you're are using. Can you offer some hint's about TP? I am using market strength at this moment and previous movement to calculate the formula's and checking them on feature volatility to see if they could work or not, I am on the good road?

Thanks,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 44 KB
Click to Enlarge Name: 2.png Size: 7 KB
By failing to prepare, you are preparing to fail.
  • #2,242
  • Aug 8, 2016 12:04pm Aug 8, 2016 12:04pm
Quoting project13et
{quote} This are my today results, Aggressive and Moderate settings and signal. I run this signals with minim TP just for study, because if the minim TP is not good enough and not reached a higher one will be even worst. Today they run with normal TP , but it seams even this is lower then you're are using. Can you offer some hint's about TP? I am using market strength at this moment and previous movement to calculate the formula's and checking them on feature volatility to see if they could work or not, I am on the good road? Thanks, {image} {image}...
Brother, for LO - LO2 use a bigger TP n% of avg. ADR since we have overlapping of TO, FFO and LO. While your orders are in a long term run some others long / short will open with smaller TP. It needs lots of analyses of thousands of orders but you need to do that work otherwise you'll stay in the dark. For the right movement use additional the GAP - Speed calculated over "n" TF's (I've mentioned already).

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,243
  • Aug 8, 2016 1:19pm Aug 8, 2016 1:19pm
Hi
I'm back
1st trading day for this month

I can see some interesting discussions about News and TimeFilter
personally,I do not take any trade 30 min and 5 min after Red news.

About TP and SL,I still have to work on a flexible trade management module
as you can see from my pics below,the only 2 losing trades_ GU and GJ BUY_could be easily avoided with a lower TP,and both trades are from Tokyo session
Both long positions went 5\7 pips in profit before turning into a loss

I'm still trading with a fixed SL 27pips and TP 9pips

TOTAL 14 TRADES
2 LOSERS
WINNING % 85,71

..and I have excluded EURNZD and GBPNZD from my tradable pairs list after my last 2 months results analysis
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 45 KB
Click to Enlarge Name: AUDCHFM30.png Size: 45 KB
Click to Enlarge Name: GBPUSDM30_Tokyo.png Size: 42 KB
Click to Enlarge Name: EURJPYM30.png Size: 43 KB
Click to Enlarge Name: 8_8_16.png Size: 92 KB
DO UT DES
  • #2,244
  • Aug 8, 2016 2:25pm Aug 8, 2016 2:25pm
Quoting JibalaPasan
{quote} Brother, for LO - LO2 use a bigger TP n% of avg. ADR since we have overlapping of TO, FFO and LO. While your orders are in a long term run some others long / short will open with smaller TP. It needs lots of analyses of thousands of orders but you need to do that work otherwise you'll stay in the dark. For the right movement use additional the GAP - Speed calculated over "n" TF's (I've mentioned already). Jibala
Like always you're information is very precious, Speed calculated over "n" TF's we refer direct to GD or basket arrows ? Can you please clear this for me ?

Many Thanks,
By failing to prepare, you are preparing to fail.
  • #2,245
  • Aug 10, 2016 3:10pm Aug 10, 2016 3:10pm
Running the signal every time is available to gather study materials on real account of course (demo doesn't reflect the real condition of the market, special for slippage)

Maybe I should trade only USDCAD, GBPCAD , GBPAUD because so far only this one are working Or should I build a flexi filter entry for each pair and adjust it individual ?

For the moment I am out of solution for this spaghetti signal, but tomorrow is another day we start over fresh, hope to keep my determination in the feature
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trade2.png Size: 26 KB
Click to Enlarge Name: 09.08.2016 pips.png Size: 26 KB
By failing to prepare, you are preparing to fail.
  • #2,246
  • Aug 10, 2016 5:31pm Aug 10, 2016 5:31pm
Hello

yesterday results were positive but not important 'cos I was busy testing my new TP and SL module

New TP_SL Module applied-Today trade results:
TOTAL TRADES 10
LOSING TRADES 1
WINNING RATIO 90%

New TP_SL Module explanation:

TP = n % AVERAGE DAILY RANGE 5 DAYS PERIOD
SL = 3n % ADR(5)
each single trade have a fixed risk calculated on n% of my Account
as you can see,SL for GA is 31,4 pips, but it is 19,3 pips for GU
the risk is always the same

And I have added again some price action filters,I prefer quality to quantity

This will be my "standard" trading style for the next months,but I still have some ideas to explore about Average Range calculation
and there is more...

I'm currently working on 2 new additional trading modules:

Basket Trades , 'cos I've noticed some interesting "block" moves into my Excel when a Currency strenght goes below x.xx or above x.xx values and simultaneously some correlated pairs values start to move accordingly above certain levels
i.e. USD currencies "block" tonight in Tokyo session and GBP "block" today into the London session,both showing very very clear & easy to trade opportunities $$$ into my Excel

Secure Trading Barometer trades , these are Tandem pairs moving in the same direction,such as EURUSD and GBPUSD couple tonight at Tokyo opening,they were clearly showing a very strong Up Move,my Excel was flashing like a XMas tree,lol, so there is no reason for not trading this good moves

and I still have the Counter Trend trades to explore
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 43 KB
Click to Enlarge Name: NZDCHFM30.png Size: 47 KB
Click to Enlarge Name: USDJPYM30.png Size: 47 KB
Click to Enlarge Name: NZDUSDM30.png Size: 45 KB
Click to Enlarge Name: GBPAUDM30.png Size: 47 KB
Click to Enlarge Name: 10_8_16.png Size: 74 KB
DO UT DES
  • #2,247
  • Aug 10, 2016 6:57pm Aug 10, 2016 6:57pm
Once I understand how to get Xcel working for trades I will be able to contribute more.
Results using an adapted EA and Spaghetti/Speedo criteria on auto.
Focus is on TP SL and times of order executions
Attached Image (click to enlarge)
Click to Enlarge Name: 160810_Orders.png Size: 144 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 160810_PL.png Size: 32 KB
When you are successful perhaps give a thought to others ... Kiva dot org
  • #2,248
  • Aug 11, 2016 4:03am Aug 11, 2016 4:03am
Quoting the bourne
...and I still have the Counter Trend trades to explore
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2016.08.11_10h26m09s_002_.png Size: 77 KB

PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,249
  • Aug 11, 2016 4:34am Aug 11, 2016 4:34am
Quoting PayItForward
Once I understand how to get Xcel working for trades I will be able to contribute more. Results using an adapted EA and Spaghetti/Speedo criteria on auto. Focus is on TP SL and times of order executions {image} {image}
Good result! Good job!

Can u post the EA so that we can test it too?

Olufemi
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #2,250
  • Aug 12, 2016 4:04am Aug 12, 2016 4:04am
Quoting JibalaPasan
{quote} {image}

How Important is you're TP in decision of the trades? Because it looks like you're TP algorithm is blocking trades that have a TP less then X min pips.

Thanks,
By failing to prepare, you are preparing to fail.
  • #2,251
  • Aug 12, 2016 5:16am Aug 12, 2016 5:16am
Quoting project13et
{quote} How Important is you're TP in decision of the trades? Because it looks like you're TP algorithm is blocking trades that have a TP less then X min pips. Thanks,
Maybe just following Maria rules:
Check supply demand levels, is it providing TP before hitting levels?
When you are successful perhaps give a thought to others ... Kiva dot org
  • #2,252
  • Aug 12, 2016 5:26am Aug 12, 2016 5:26am
Quoting PayItForward
{quote} Maybe just following Maria rules: Check supply demand levels, is it providing TP before hitting levels?
I wish to be that simple, my excel is having that, it was a hard work to implement supply and demand inside excel, but is not what @JibalaPasan is using .
Attached Image
By failing to prepare, you are preparing to fail.
  • #2,253
  • Aug 12, 2016 6:44am Aug 12, 2016 6:44am
Quoting project13et
{quote} How Important is you're TP in decision of the trades? Because it looks like you're TP algorithm is blocking trades that have a TP less then X min pips. Thanks,
Brother, there are no such rules!
Attached Image

I wish you all a peaceful weekend.

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,254
  • Aug 12, 2016 7:19am Aug 12, 2016 7:19am
Quoting JibalaPasan
{quote} Brother, there are no such rules! {image} I wish you all a peaceful weekend. Jibala
Then sister in this actual form of the signal presented, is losing lot's of money. You're trades are on M15 bar, every signal available base on what you describe here ...

http://www.forexfactory.com/showthre...60#post9030360

You present in the past lot of "bot" trading that where actually manual trading style, since the dash gap was never automatic, STB was never automatic, basket was never automatic. Is any of you're trading signal this days automatic? or we can say bot is JibalaPasan ?

You know I am you're biggest fun, but I don't run multiple parallel agendas, this is the reality is impossible based on what we have right now to make the signal stable on long term, maybe is working 1-2 days , but after that the losing is bigger then the winning, and remember for this kind of system we need 87% + WINRATE without commission.
By failing to prepare, you are preparing to fail.
  • #2,255
  • Aug 13, 2016 6:26am Aug 13, 2016 6:26am
Quoting project13et
{quote}You present in the past lot of "bot" trading that where actually manual trading style, since the dash gap was never automatic, STB was never automatic, basket was never automatic. Is any of you're trading signal this days automatic?
Currently all is automated trading because we are doing analyzes only. I told you many times already that you have to specify the tf's when pairs work good and to exclude the bad tf's. This is a lot of work! Currently we are working with a global TT but next step will be a more specific TT for every day of the week.

2nd you still don't know when you have to stop trading! You are still over trading! Even 50 pip / day or less would be enough if your hit rate is stable!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,256
  • Aug 13, 2016 9:11am Aug 13, 2016 9:11am
Quoting JibalaPasan
{quote} Currently all is automated trading because we are doing analyzes only. I told you many times already that you have to specify the tf's when pairs work good and to exclude the bad tf's. This is a lot of work! Currently we are working with a global TT but next step will be a more specific TT for every day of the week. 2nd you still don't know when you have to stop trading! You are still over trading! Even 50 pip / day or less would be enough if your hit rate is stable! Jibala
Sister I can't agree more, but my time table is already using day of the week, same it does LBAR, more restrictive during Thursday and Friday based on previous analyze, every pair has his one TF. All this is already done separate for trend and CT.

Also how you can stop trading when you have 50 pips plus closed and 100 pips minus ? Even based on the new GC witch is slower then previous one, a lot of trades are launched, is very easy to get the GD/GC and to launch a trade and this kind of signal it always have open trades. How to reduce all that number of trades and to take more quality one?

That's why I ask if TP is using a skew curve to filter bad trades, also that's one of the main reasons I am asking from day 1 if multiple GD or MTF should be use.
Thanks,
By failing to prepare, you are preparing to fail.
  • #2,257
  • Aug 14, 2016 10:57am Aug 14, 2016 10:57am
Hi guys! Sorry for my OT (and my very bad English), but as a new member, I cant open a new trehad.

My greatest desire is to trade directly from Excel. But I cant find anyone willing to help me.

Now, I find a video on youtube of Rizki Arya Malik: MetaTrader 4 Trades From Excel, where the author does just what I would do myself. And in this video, in the excel file shows the gap trading. The same topic of this trehad. Then I thought perhaps Rizki Arya Malik took the files to trade from excel, from this forum.

Then, can you tell me if in this forum I can find files to trade directly from excel?

Pleeeeeeeeeeeeease!
  • #2,258
  • Aug 14, 2016 1:33pm Aug 14, 2016 1:33pm
Quoting cinisciu
Hi guys! Sorry for my OT (and my very bad English), but as a new member, I cant open a new trehad. My greatest desire is to trade directly from Excel. But I cant find anyone willing to help me. Now, I find a video on youtube of Rizki Arya Malik: MetaTrader 4 Trades From Excel, where the author does just what I would do myself. And in this video, in the excel file shows the gap trading. The same topic of this trehad. Then I thought perhaps Rizki Arya Malik took the files to trade from excel,...



The trade script from excel to MT4 http://www.forexfactory.com/showthre...74#post8644774

Latest public excel from this thread http://www.forexfactory.com/showthre...91#post9022891
By failing to prepare, you are preparing to fail.
  • #2,259
  • Aug 14, 2016 1:54pm Aug 14, 2016 1:54pm
Thank you very very very very much project13et!

Tomorrow I'll try to figure it out.
  • #2,260
  • Aug 14, 2016 11:38pm Aug 14, 2016 11:38pm
Quoting project13et
{quote} Regarding my upper post, I want to post an example of range market , the one in the circle with SELL , shouldn't we just make a filter to prevent that kind of bad market conditions ? The close prices are just few pips difference , ATR very small , High's & Low's close to each other comparing with previous bars. We never saw this kind of trades before in the others trading styles, was this trade automatic even? Thanks, {image}
Pls, can u help me with these indicators and template?
Attached Image (click to enlarge)
Click to Enlarge Name: pro.PNG Size: 113 KB


Thanks!
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
0 traders viewing now