GAP Plays on the new Interbank FX Feed

[Nicholishen]

Please see https://www.mql5.com/en/forum/173490 for a description of the new interbank fx feed.

I am seeing 5+ pip intraday gapping on the new interbank fx feed on the M1 chart. I am noticing that almost everytime you can use a gap play to scalp a little bit on the retrace. Is anyone interested in working with me to setup an EA to take advantage of this?

REGARDS

[Nicholishen]

So far +17 pips trading manually on live account in the last hour and fifteen minutes using gaps...

[mookfx]

This sounds interesting. I'm not sitting at Metatrader right now. Can you post an image and explain what you are doing for entry and exit?

[Nicholishen]

I was thinking take an 8 pip stop with a ~3pipTS entry on gaps exits on stops. Any other ideas?

BTW i noticed that interbank switched back to their original feed. I spoke to Ryan Best (CEO of Trading Intl.) and he tells me it's possible that they were doing a test run for the new liquidity provider.

[pip-gandalf]

Nicholishen:
I was thinking take an 8 pip stop with a ~3pipTS entry on gaps exits on stops. Any other ideas? BTW i noticed that interbank switched back to their original feed. I spoke to Ryan Best (CEO of Trading Intl.) and he tells me it's possible that they were doing a test run for the new liquidity provider.

just set the rules for the gap entry and triling stop needed, and i will program an ea for u.

[Nicholishen]

pip-gandalf:
just set the rules for the gap entry and triling stop needed, and i will program an ea for u.

no worries pg.. the feed has changed. thanks for the offer.