Meta Trader 4 BTC-E Custom Excel SpreadSheet

[Jokerstones]

Hi everyone,

I created an Excel spreadsheet that retrieves data from Btc-e.com's current price and puts it into an Excel spreadsheet with some detailed calculations. You may ask what's the point?

Well the spreadsheet is based off of a buying type martingale for Meta Trader 4. This spreadsheet allows you to figure out the best strategy for your budget.

The spreadsheet also helps you figure out different profit margins at 50$ intervals.

It also calculates the amount you can possibly lose if Bitcoin were to ever hit 100$ again.

Now this Excel sheet isn't finished yet. I DO NOT garuntee any profit with this and take no responsibility of you losing money. This is just a tool to help you better understand your investing style.

NOW I AM LOOKING FOR 3 PEOPLE TO SEND THE EXCEL SHEET TO FOR FREE! TO TEST TO USE AND TO PROVIDE SOME FEEDBACK.

Please leave a comment below and or PM me your email address and I will send you the spreadsheet.

http://i40.tinypic.com/nbw594.jpg

[shorena]

BTC is a currency not a stock, what is that spreadsheet going to tell me?


Edit: nevermind, Ill check it out, send me a link via PM

[Jokerstones]

BTC is a currency not a stock, what is that spreadsheet going to tell me?

You would need to understand what Meta Trader 4 is. It allows you FOREX type trading. The spreadsheet itself allows you to understand how much risk you can take and coincides with the leverage that you can use which is 3X your initial investment.

[Kiki112]

BTC is a currency not a stock, what is that spreadsheet going to tell me?

yes,I also don't understand its use
you should provide more information

[shorena]

BTC is a currency not a stock, what is that spreadsheet going to tell me?

You would need to understand what Meta Trader 4 is. It allows you FOREX type trading. The spreadsheet itself allows you to understand how much risk you can take and coincides with the leverage that you can use which is 3X your initial investment.

Yes leverage seems to be set to 3 by default, can I change that?

What do I need this spreadsheet for if I allready have a tool for technical analysis (e.g. MT4)?

[Jokerstones]

BTC is a currency not a stock, what is that spreadsheet going to tell me?

You would need to understand what Meta Trader 4 is. It allows you FOREX type trading. The spreadsheet itself allows you to understand how much risk you can take and coincides with the leverage that you can use which is 3X your initial investment.

Yes leverage seems to be set to 3 by default, can I change that?

What do I need this spreadsheet for if I allready have a tool for technical analysis (e.g. MT4)?

Well I am still new to MT4 if you already have a tool for a technical analysis built in or similar to this one then obviously you wouldn't need this. This could help people that aren't as technically inclined to such things.

[shorena]

BTC is a currency not a stock, what is that spreadsheet going to tell me?

You would need to understand what Meta Trader 4 is. It allows you FOREX type trading. The spreadsheet itself allows you to understand how much risk you can take and coincides with the leverage that you can use which is 3X your initial investment.

Yes leverage seems to be set to 3 by default, can I change that?

What do I need this spreadsheet for if I allready have a tool for technical analysis (e.g. MT4)?

Well I am still new to MT4 if you already have a tool for a technical analysis built in or similar to this one then obviously you wouldn't need this. This could help people that aren't as technically inclined to such things.

I suggest you read this: https://bitcointalk.org/index.php?topic=60501

You will get all the tools you need as well as a good lesson in what mindset you need to have to be a trader.

[Jokerstones]

Thanks for the link to that it's definitely very informative. But all I see for now with just scimming through is how to read charts at X.... Maybe I am missing the tools part that allows me to customly see what I can invest and what not.

Sorry if this seems a bit confusing. So lets see if I can explain it better.

The blue side is what the price of the Bitcoin would be and at which intervals you would buy bitcoin at.

The yellow bar is the price that you would buy bitcoin at, at that point. Ex... I would buy .2 bitcoin at 900$ per one full bticoin. So if bitcoin were to rise to 950$ it would tell me that I could gain 9.43$ if I were to sell there. If the price of bitcoin were to drop all the way to 100$ I would lose a total of 140$ of my initial investment.

[shorena]

Thanks for the link to that it's definitely very informative. But all I see for now with just scimming through is how to read charts at X.... Maybe I am missing the tools part that allows me to customly see what I can invest and what not.

Sorry if this seems a bit confusing. So lets see if I can explain it better.

The blue side is what the price of the Bitcoin would be and at which intervals you would buy bitcoin at.

The yellow bar is the price that you would buy bitcoin at, at that point. Ex... I would buy .2 bitcoin at 900$ per one full bticoin. So if bitcoin were to rise to 950$ it would tell me that I could gain 9.43$ if I were to sell there. If the price of bitcoin were to drop all the way to 100$ I would lose a total of 140$ of my initial investment.

Yeah, thats not a strategy I would apply to a currency market, but read the post, backtest your idea and see if it would have worked.