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MT4 Trading the GAP With Excel

  • #2,661
  • Edited 3:11am Jan 30, 2017 3:01am | Edited 3:11am
Wow..what a beauty..Perfect time to enter sell all GBP pairs...I am loving Excel manual dashboard trading already....However I am not sure whether I am following this strategy correctly..Please experienced traders here on this thread , please correct me if am wrong as i am still newbie in this strategy who is till learning how to trade it.Thank you.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,662
  • Jan 30, 2017 3:06am Jan 30, 2017 3:06am
9mins after I posted opened basket positions and the profit double..
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,663
  • Edited 4:53am Jan 30, 2017 4:33am | Edited 4:53am
For those who are finding difficult to make their excel work.
Download this first.
Attached File(s)
File Type: zip Speedometer_v4c Olufemi.zip   459 KB | 1,401 downloads

Pls follow the process below.
Step 1: Enable DDE
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Step 2 : Put ExportToExcelTimer in indicator folder.
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Step 3: Put Speedometer v4 in file folder.
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Step 4: Close the MT4.

Step 5:Attach ExportToExcelTimer to M1 of any pair.
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Step 6: Double Click Speedometer from your file folder.
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Step 7: Click on Options above the excel.

Step 8: Click on small hole in front of Enable this Content. Make sure you click All the 3 Enable this Content.
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Step 9: Click Ok.
Step 10: Click Continue
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Step 11: Done. You have your excel running.
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Hope this helps!

Olufemi
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #2,664
  • Jan 30, 2017 6:25am Jan 30, 2017 6:25am
Stay positive & green, haters gonna hate anyway!
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By failing to prepare, you are preparing to fail.
  • #2,665
  • Jan 30, 2017 8:15am Jan 30, 2017 8:15am
Quoting Opemipo
For those who are finding difficult to make their excel work. Download this first.Speedometer_v4c Olufemi.zip;2162542 Pls follow the process below. Step 1: Enable DDE Step 1.PNG;2162527 Step 2 : Put ExportToExcelTimer in indicator folder. Step 2.PNG;2162530 Step 3: Put Speedometer v4 in file folder. Step 3.PNG;2162532 Step 4: Close the MT4. Step 5:Attach ExportToExcelTimer to M1 of any pair. Step 5.PNG;2162533 Step 6: Double Click Speedometer from your file folder. Step 6.PNG;2162536 Step 7: Click on Options above the excel. Step 8: Click on small...
Olufemi, thank you for clarifying! I know several have had issues, and as with other threads you provide great guidance!
  • #2,666
  • Jan 30, 2017 10:42am Jan 30, 2017 10:42am
I am very impressed by the results.Thank you all for your contributions and trade ideas..I have learnt a lot from this thread..Thank you all and green pips to us all..Combining excel signals with CS and Heatmap modoki works like a charm...500 pips since London open with 34pips drawdown..Wow!This is amazing.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,667
  • Jan 30, 2017 10:58am Jan 30, 2017 10:58am
Few minutes after..Wow Gap trading with Excel is one of the most powerful strategies I have ever tried..
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,668
  • Jan 30, 2017 11:40am Jan 30, 2017 11:40am
Quoting JibalaPasan
{quote} I would not bet a single centavo on NZD & EUR against the CAD! Ashampoo_Snap_2017.01.29_18h47m06s_027_.png;2161563 If you have a look on the charts you will understand why! Ashampoo_Snap_2017.01.29_18h43m19s_025_.png;2161566 Ashampoo_Snap_2017.01.29_18h43m57s_026_.png;2161567 With the S/L settings of the bourne I am out on 2nd bar after entry. Ashampoo_Snap_2017.01.29_18h52m03s_028_.png;2161573 Jibala {image} {image} {image} {image}

Sister in the past you describe follow the leader strategy, unfortunately there is not lot of information about the GAP and leader of the market. Can you please make a detail description about this ?

Thank You,
By failing to prepare, you are preparing to fail.
  • #2,669
  • Jan 30, 2017 12:14pm Jan 30, 2017 12:14pm
Quoting Forexpinbar
I am very impressed by the results.Thank you all for your contributions and trade ideas..I have learnt a lot from this thread..Thank you all and green pips to us all..Combining excel signals with CS and Heatmap modoki works like a charm...500 pips since London open with 34pips drawdown..Wow!This is amazing. {image}
Congrats on your results.
Very few ppl will have realised this, but Modoki Heatmap measures currencies only against the USD !!!
i.e. to obtain the GBP score, GBP is only measured against the USD (and not against AUD, CAD, CHF, EUR, JPY, NZD...).

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Bear in mind when you "read" the heatmap that it's "incomplete", 6 counter references are not taken into account.

Quoting Forexpinbar
Few minutes after..Wow Gap trading with Excel is one of the most powerful strategies I have ever tried.. {image}
Is this an Excel dash in your screenshot ?

Cheers & green pips,
LuXing
Wisdom begins in wonder
  • #2,670
  • Jan 30, 2017 12:39pm Jan 30, 2017 12:39pm
Quoting LuXing
{quote} Congrats on your results. Very few ppl will have realised this, but Modoki Heatmap measures currencies only against the USD !!! i.e. to obtain the GBP score, GBP is only measured against the USD (and not against AUD, CAD, CHF, EUR, JPY, NZD...). Screenshot1.png;2163492 Bear in mind when you "read" the heatmap that it's "incomplete", 6 counter references are not taken into account. {quote} Is this an Excel dash in your screenshot ? Cheers & green pips, LuXing {image}
No this is not an Excel dash but rather Dash Fibo coded by Ding dong..Thank you for educating me on how Modoki measures currencies only against USD..I will take note of that..
Goal of a successful trader is to make the best trades. Money is secondary
  • #2,671
  • Jan 30, 2017 12:45pm Jan 30, 2017 12:45pm
End of day results..This is still unbelievable..700 pips in a single day..On a Monday which is mostly assumed as a slow trading day...God bless Gap trading with Excel and God bless all those I learnt gap trading from on this thread...Green pips to you all brothers and sisters.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,672
  • Jan 30, 2017 12:56pm Jan 30, 2017 12:56pm
Quoting Forexpinbar
End of day results..This is still unbelievable..700 pips in a single day..On a Monday which is mostly assumed as a slow trading day...God bless Gap trading with Excel and God bless all those I learnt gap trading from on this thread...Green pips to you all brothers and sisters. {image}
Measured over a long, very long run, using a decent sample size throwing in some confidence intervals in for good measure.

1. Monday is the best trading day, from there it goes "downhill". Friday being the trickiest day.
2. Most trades are concentrated in the first two to three hours of Tokyo, London & NY

LuXing
Wisdom begins in wonder
  • #2,673
  • Jan 30, 2017 12:58pm Jan 30, 2017 12:58pm
These entry signals were received during NY session..I got these signals during NY session and I opened a basket based on the signals i received from Excel , CS and Heatmap Modoki though it was the same signal I received during London session to sell GBP pairs..I wanted to test the validity of all the signals so I am trading all potential signals at the moment to gain some experience since I am still new to Gap trading with Excel..This is to say that if you miss a signal dont feel sorry or rush into opening a trade even if there is no valid signal..Its always best to wait for the high probability setups..
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,674
  • Jan 30, 2017 6:12pm Jan 30, 2017 6:12pm
Quoting Forexpinbar
These entry signals were received during NY session..I got these signals during NY session and I opened a basket based on the signals i received from Excel , CS and Heatmap Modoki though it was the same signal I received during London session to sell GBP pairs..I wanted to test the validity of all the signals so I am trading all potential signals at the moment to gain some experience since I am still new to Gap trading with Excel..This is to say that if you miss a signal dont feel sorry or rush into opening a trade even if there is no valid signal..Its...
Hi Boss,

you you can with this dashbord trade gold and index Just leave us a few pips and do not take all....

Good luck

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if you're doing we all have results with all
  • #2,675
  • Edited 4:18am Jan 31, 2017 4:03am | Edited 4:18am
To all the newbies like myself who are still trying to figure out how I am getting such amazing results with Excel this is what you need to do...This how I enter my positions.Step 1:Wait for buy or sell signal from Excel dashboard.In this case sell signal was issued by excel dashboard.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,676
  • Jan 31, 2017 4:17am Jan 31, 2017 4:17am
STEP 2: Look at your MT4 chart and make sure GBP is at the bottom of heatmap modoki from M1 to D1 and all RED.And also look at the Currency strength meter and make sure GBP is at the bottom of currency strength meter with Red arrow.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,677
  • Jan 31, 2017 4:25am Jan 31, 2017 4:25am
STEP3 : Go to Dashboard and SELL all GBP Pairs. Hope this helps.. FYI I am still learning how to trade so if you are experienced and think I am wrong somewhere please correct me.Thank you
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,678
  • Jan 31, 2017 4:29am Jan 31, 2017 4:29am
Few minutes after...This excel dashboard gap trading strategy works like a charm...I didnt even look at the gap fr confirmation..I just opened the basket based on signals from excel dashboard , heatmap modoki and Currency strength as I explained in the posts above..Maybe I am just being lucky but one way to find out is to test test practice practice and practice more.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #2,679
  • Jan 31, 2017 5:24am Jan 31, 2017 5:24am
Quoting Opemipo
For those who are finding difficult to make their excel work. Download this first.Speedometer_v4c Olufemi.zip;2162542 Pls follow the process below. Step 1: Enable DDE Step 1.PNG;2162527 Step 2 : Put ExportToExcelTimer in indicator folder. Step 2.PNG;2162530 Step 3: Put Speedometer v4 in file folder. Step 3.PNG;2162532 Step 4: Close the MT4. Step 5:Attach ExportToExcelTimer to M1 of any pair. Step 5.PNG;2162533 Step 6: Double Click Speedometer from your file folder. Step 6.PNG;2162536 Step 7: Click on Options above the excel. Step 8: Click on small...
It helps a lot!! Thank you. I have it running already.

Just one question: how do you do to set the Excel as it is in Step 11 screenshot. I mean, how you could get into one excel page all that info and the Buy/sell buttons?


thanks in advance
TONI
  • #2,680
  • Edited 8:30am Jan 31, 2017 7:40am | Edited 8:30am
Quoting forexdaist
{quote} It helps a lot!! Thank you. I have it running already. Just one question: how do you do to set the Excel as it is in Step 11 screenshot. I mean, how you could get into one excel page all that info and the Buy/sell buttons? thanks in advance TONI
Look at the buttons to the bottom left on the excel spreadsheet.
Attached Image


Press the second button to the left. It takes you to where u want.

Just play arround each of those buttons, u ll see what happens to your excel.


Olufemi
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
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