EA based on Levels seen by MarketProfile and Volume

I'm sorry I do not support and or trade this EA and/or strategy anymore.
Because I programmed a date validation in the EA. The EA is now "out of date" and is not working anymore. That is why I did remove the EA from this threat.


Hi all,

My used strategy is as follows: I try to pick my trading levels with the help of MarketProfile, Volume and price action. See also this thread for more information about the whole strategy.

For managing the found levels during the day or during my sleeping-time I needed a TradeManager who could manage the possible trades. For this I created an Expert Advisor (MT4) and want to share this with you guys who are interested in it!

What are the possibilities/functionality of this EA:

1. Can manage the following instruments in one(!) EA (EURUSD / AUDUSD / GBPUSD / USDCAD / USDJPY
2. Can work in all timeframes
3. Enter trades on short/long levels set on forehand by the trader
4. Can manage 2 short and 2 longs per instrument
5. Rednewsfilter: filter out news-times where not to trade (set on forehand by the trader)
6. Do not trade x-minutes before and after red-news
7. Set your SL / TP / max. spread / max. slippage / your own magic number
8. Set some exit rules if wanted
9. Go to BE if a specified gain already was gained
10. Set how many trades can be managed by this EA
11. Calculate your Lotsize depending on your wanted risk%
12. Debugging function (log-files per instrument)
13. EA can also run in tester
14. Only functional for Account-balance on EUR or USD
15. We can switch between time-frames without losing any level triggered calculations
16. There is also a profile which will be installed into MT4. If selected we have a complete overview of the EA including the different charts with selected levels
17. With the installation there will also installed an Indicator. This indicator is only used for permitting the EA paint the levels in every chart where the Indicator is selected
18. If configured in MT4 you can send a push notification towards your mobile phone with MT4 Installed

By the way this EA is only a help for managing trades seen and set on forehand by the trader. This EA will not pick levels himself. It just can manage your picked levels!

There is also a TradeManEditor, created by "BestOf27". This is a Windows application for adding your level and RedNews in an easy way to your txt-files. I think this is a very welcome application (Many thanks to "Bestof27")

In this post you always find the latest greatest version! Current Version 1.46 (Stable version)

Below this post you find all the needed download and manuals!

currently known issue:
-Spread is not functional


Best Regards,
HappyMe

Last week I made the conclusion that my testing level procedure where not that perfect! So I needed to overthink my calculation and programmed that already. In back testing it was running oke. The coming week I still want to test this new part on live-data.

For the rest I also created some buttons on the chart. So we can change our levels directly to the input files. Instead of going back to the Windows Explorer.

You still need to have some patient.

Below a screenshot as little impression how it's going to look like....

Excellent work though, sounds like you are getting closer! :-)

Vey nice initiativ
Is This a trade manager??

Indeed Neo1, this is a trade manager based on the levels as given by the method as practised in the thread: "Trader Dale - daily trading levels"

You need to search and add the levels yourself to this EA. The EA is only managing the given levels.

hi HappyMe

nice ea there.

would like to backtest n forward test it.

Thanks, indeed I getting closer and closer.

Today I found still two little bugs....
1) tested level displayed in specific situations tested instead of triggered (only viewing mode, trade execution was oke!)
2) exit rule2 did not functioned in specific situations.

both bugs are still solved in my test version.

Well that is why I still did not publish the EA. I first want to be sure that things work as we would expected!

when we ll got src code??


ps
kiddin. i know Yr policy.


Anyway if U think that this EA won't make it then U can always start your new EA
by adapting src codes provided by real coder here : https://www.forexfactory.com/showthread.php?t=614402


Kiddin again, the code is not easy to read.

Best of luck Happy,
Make it auto!

How U made that calendar work, xml from FF?
I need good ideas.

Does it work with txt price data files ? or uses db ?
how about backtesting levels - all with date price in one file??

Hi januszo....you found the thread

Dear Fellow Traders,

Finally I can publishing my EA. I personlly use this EA for trading the daily levels.
In this post you find a Trademan.zip and documentation.

Unzip the Trademan.zip and start the exe-file. This will install the EA into your MT4 installation.

With the install-file a few things are done within your MT4 installation:

1. the EA (TradeMan_HappyMe) is placed into your MT4 installation(s)
2. some needed config-files are placed in MQL4/files/TradeMan_HappyMe/Input/ (long.txt / Short.txt and RedNews.txt)
3. Windows Menu Item is created (TradeMan - HappyMe) Within this you ind some importend files as:
   1. Contact Email
   2. PDF -> Functionality
   3. PDF-> Install and Setup
   4. License information (Disclaimer)
   5. What's new (Version information)
   6. HappyMe Website => link to this thread
   7. Uninstall

   
   
   

After the install I recommend to read the both PDF-files (Functionality and Install and Setup) at first!

I really hope I did describe the functionality and how to set the daily levels and RedNews events clearly!
I will advise you firstly trade this EA on a DEMO-account so that you become familiar with the input files!!

If you have any questions please let me know!


DISCLAIMER:
This Expert Advisor is offered on an 'as is' basis, with no guarantee of correct operation and/or
support. You can use this Expert Advisor ONLY AT YOUR OWN RISK!
If/how you decide to use it to assist with your trading decisions, is entirely your choice.
I accept NO LIABILITY WHATSOEVER for any trading losses/damage you might incur.

Thanks happyme for sharing your EA, it looks promising. I like the external setup for entering levels.
Hopefully can do some trades with it the next week.

hell.
I wanted to dotPeek the file to see class structure and it said this is not a valid dotnet app.
what is it then?

Hi HappyMe,

Thanks for the EA. I'm curious though, why did you create your own EA when there is already an EA for the method posted in TD's thread? It seems to have all the features as yours.

It's a pleasure...and I hope it can help you in some way...!
Thanks for the good question!

Well there are different reasons:

1. It seemed that "At That Time(!)" the EA overthere had problems with SL to BE settings. At least some post made me understand that there were sometimes strange behaviour. That made me a little suspicious and didn't wanted to trust my money to it.
2. I did not liked the advise not to change the timeframe during EA is running. Because some logic could be broken. What if I change my timeframe accidentally in the middle of a running trade...can I trust the behavior of the EA at that moment....? I'm not sure.... Well I solved that issue in my EA. You can switch timeframes also during my EA is running!
3. I also wanted to see on my chart why a trade was canceled (was it because it was tested? or was it because of a rednews windows I set. Or was it indeed triggered?! or is the level testing at the moment?? In my EA you can see the differences between those possibilities as they happen.
4. I didn't liked it that I needed one EA per Instrument. That means that I need to run 5 EA at 5 different charts!! That also cost more memory on my VPN-server! I just wanted to have 1 EA for all my levels for all my 5 different instruments.
5. I can't backtest the given levels with all the EA's outthere. Not only the levels but also in combination with the RedNews events. I just want to proof the "proven" results myself! So I wanted an EA that can work with the MT4 tester. That's also one reasons why I decided to feed the levels in the txt-files, long.txt /Short.txt and the rednews events in the RedNews.txt files. With that we have a backtest possibility over a time you want to test yourself! You also can build a own "database" with tradedlevels / rednews times. If you want to change a setting or a rule...you have the possibility to backtest it to have at least a good/bad feeling about it!
6. In the EA you also can give a time-frame for a special level. eg. if Dale is saying for the Asian and Europe session I give the levels 1, 2 and 3. You can give a time window for the levels (eg from: 2017.08.03 00:00:00 => until: 2017.08.03 15:00:00) In other EA's you need to cancel the level by yourself. In my EA you decide on forehand and the EA is watching and managing it for you!
7. and ofcourse it's making fun, making your own EA and see it work as you want!

So at the end I think there are big difference between my EA and the others as you could read in the above.

Hope I could make some things more clear.

If you have more questions please ask...

Regards,
HappyMe

Wow, a lot of work went into this...I'm looking forward to trying it out Thanks again HappyMe!

Hi, thanks for the great work! Can the EA be backtested?

Yes Happy.
awesome feature is that ea can be backtested. how to prepare data for backtest?

Yes indeed, it can backtest.

How to prepare=>
Open your trade station.
go to: File -> Open Data Folder
The explorer opens and you see there a folder "tester"

Copy your "MQL4\Files\TradeMan_HappyMe\Input" into tester\Files\TradeMan_HappyMe\Input
Put all the levels you want to test in the long.txt / short.txt (as you would normally trade the levels). In the RedNews.txt you put the rednews-events.

You now just start the tester with the EA for a specified instrument and date-range to test (valid for your given levels). You only can test per instrument because the MT4 tester can only work on the chart it is running! That is also the reason why you find the "Only for testing purpose" part in the input screen, the tester only can read his chart levels... not others! If the EA is running on the tester it will notice it and then is using the "Only for testing purpose"-values for calculating the needed Lots.

I normally just fill the input-files (and not delete any lines) at the end of a month I then have complet set of short and long levels together with Rednews-times. With that set I can test the complete month.

I hope my description is a little bit clear.
I still need to make a manual for that I believe!

Hello HappyMe

Many EA's to test at the moment !

You do great job

Do you plan to add a big move filter ?

Cheers