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EA based on Levels seen by MarketProfile and Volume

  • #81
  • Edited 7:10am Aug 23, 2017 6:02am | Edited 7:10am
Quoting HappyMe
{quote} Good to hear you did not find bugs for so far!! I also did not find any ... I'm Happy about that already discussed - big move filter => That's still on my list! - valid levels for more than 24 hours => Currently I'm working on it and testing the change at the moment new - possibility to enter en trade x points from the level (ex :long level is at 1.26955, enter the trade at 1.26960 => x=5 points), I have many discarded levels < 1 pip => I'm not sure if we want this. I mean we did evaluate the Market Profile and came to a conclusion....
- possibility to enter a trade x points from the level => just to keep our levels genuine, SL and TP placed as per our entry point (ex: level + 0.5 pips)
- BE if prices move more than x pips (ex swing point near the SL, then price goes in our direction without reaching our TP or BE point). I ll try to explain : With this strategy we are expecting small reactions at a level. Sometimes, prices doesn't react at our level but very near our SL, so given that we expect a small reaction, if price move toward our TP of 12 pips (SL value) + some x pips (less than 10 pips our TP) we already have a 12+x pips reaction. In that case we can decide to put our SL to BE (after for example a 16 pips reaction).
PS => SL may not be placed at BE but at a better place according to the price move
  • #82
  • Aug 25, 2017 11:14am Aug 25, 2017 11:14am
Hi HappyMe,

Just another idea : adding a field into rednews.txt for "no trade duration". Like that you can choose not to trade 30' before/after some kind of news release (red for example) and 15' before/after for orange news or much more for very high impact events...

I noticed that level cancellation isn't displayed at the very moment the value is reached. For example for me it is 30/80 and the level was canceled at some 85 points. Not a big problem, just for information...
  • #83
  • Edited 4:56pm Aug 25, 2017 4:45pm | Edited 4:56pm
Quoting Bestof27
Hi HappyMe, Just another idea : adding a field into rednews.txt for "no trade duration". Like that you can choose not to trade 30' before/after some kind of news release (red for example) and 15' before/after for orange news or much more for very high impact events... I noticed that level cancellation isn't displayed at the very moment the value is reached. For example for me it is 30/80 and the level was canceled at some 85 points. Not a big problem, just for information...
Thanks for your tips/suggestions and possible new features!!

Can you send me the debugging log-files from such a situation (canceled 85points). Then I can work through it/put it in the tester and see what exactly happened at those times!

I have to think about such a rednews/orange news option.... I put this one on the wish-list for now!

At the moment I have three new features running in test/beta:

  1. the new feature for auto drawing and displaying the levels in the different atched charts/instruments
  2. possibility for feeding the EA with levels over several days (as you suggested) (but max. 2 shorts and 2 longs per pair at one moment!)
  3. the Notification towards a Mobile device with MT4 running. an Alert for in x points the level could be reached (as you suggested). Additionally I added a alert/Notification if a level is testing, tested and No trade because triggered by RedNews event. The other notifications for open, close and modify order is already standard MT4 functionality (if configured by the user)

I think/hope I can release a new versie somewhere in the next week with at least the above new features

You can manage risk, but you can't manage the return
  • #84
  • Aug 26, 2017 2:37am Aug 26, 2017 2:37am
Quoting HappyMe
{quote} Thanks for your tips/suggestions and possible new features!! Can you send me the debugging log-files from such a situation (canceled 85points). Then I can work through it/put it in the tester and see what exactly happened at those times! I have to think about such a rednews/orange news option.... I put this one on the wish-list for now! At the moment I have three new features running in test/beta: the new feature for auto drawing and displaying the levels in the different atched charts/instruments possibility for feeding the EA with levels...
Not sure about the pair and date, but reviewing my trade journal, I think this is the one joined.
Looking forward to testing your new release
Attached File(s)
File Type: txt EURUSD.txt   1 KB | 210 downloads
  • #85
  • Edited 5:05pm Aug 26, 2017 4:36pm | Edited 5:05pm
Quoting Bestof27
{quote} Not sure about the pair and date, but reviewing my trade journal, I think this is the one joined. Looking forward to testing your new release {file}
Thanks for the logging! There was a strange log entry in your logging => "We set the Result of the level: 0.00000 to: Canceled (tested)"

I put the value in the tester and got the same values in my logging. After a good search I found a small bug in the logging entries! (Well actually you found it )
The issue could not let the EA take wrong decisions in my opinion. It was an issue that only showed up if values already where tested and gave only wrong entries in the logging!

Below the new logging for the level you gave...
2017.08.22 11:00 Longlevel: 1.17631
2017.08.22 11:00 trade-levels are set
2017.08.22 11:00 A new Hourly bar started, first read short and longfile
2017.08.22 11:00 next-bar (H1) info updated
2017.08.22 11:45 We set the Result of the level: 1.17631 to: MONITORING (testing)
2017.08.22 11:45 Testing level was seen at: 1.17661000 => MONITORING (testing)
2017.08.22 12:00 Longlevel: 1.17631
2017.08.22 12:00 trade-levels are set
2017.08.22 12:00 A new Hourly bar started, first read short and longfile
2017.08.22 12:00 next-bar (H1) info updated
2017.08.22 12:24 We set the Result of the level: 1.17631 to: Canceled (tested)
2017.08.22 12:24 Tested level was seen at: 1.17710000 => Canceled (tested)
2017.08.22 13:00 Longlevel: 1.17631
2017.08.22 13:00 trade-levels are set
2017.08.22 13:00 We set the Result of the level: 1.17631 to: Canceled (tested)
2017.08.22 13:00 A new Hourly bar started, first read short and longfile
2017.08.22 13:00 next-bar (H1) info updated

I corrected the issue in my "private"-beta-version and now the tested value showed 7.9pips in the logging entries (only tested in the MT4 tester for now)
it's not exactly 8pips because I calculated the EA for entries with 4decimals eg: 1.1763 and not 1.17631 (so this small difference is a rounding thing) I personally don't think that will be a problem or?!

In the next version I will solve this little but enoing thing!
You can manage risk, but you can't manage the return
  • #86
  • Aug 27, 2017 7:33am Aug 27, 2017 7:33am
Quoting HappyMe
{quote} Thanks for the logging! There was a strange log entry in your logging => "We set the Result of the level: 0.00000 to: Canceled (tested)" I put the value in the tester and got the same values in my logging. After a good search I found a small bug in the logging entries! (Well actually you found it ) The issue could not let the EA take wrong decisions in my opinion. It was an issue that only showed up if values already where tested and gave only wrong entries in the logging! Below the new logging for the level you gave... 2017.08.22 11:00...
great !
  • #87
  • Aug 28, 2017 1:36pm Aug 28, 2017 1:36pm
hi HappyMe,

Strange behaviour today : a level cancelled after a 4 pips move instead of 8 pips (my parameter value) on audusd
I joined the log
the level (0.79686) was triggered at 0.79675 (20:12) then cancelled after a max move of 3.4 pips at 20:41
Attached File(s)
File Type: txt AUDUSD.txt   2 KB | 180 downloads
  • #88
  • Aug 28, 2017 4:23pm Aug 28, 2017 4:23pm
Quoting Bestof27
hi HappyMe, Strange behaviour today : a level cancelled after a 4 pips move instead of 8 pips (my parameter value) on audusd I joined the log the level (0.79686) was triggered at 0.79675 (20:12) then cancelled after a max move of 3.4 pips at 20:41 {file}
Thanks for the logging.

Strange I get a complete different logging if I use the longs and shorts you are using. What I'm getting in the tester..Looks to me as correct!
I also do not see in your logging when the trade was placed....??

My tester logging:
2017.08.28 20:12 We set the Result of the level: 0.79686 to: MONITORING (testing)
2017.08.28 20:12 Testing level was seen at: 0.79656000 => MONITORING (testing)
2017.08.28 20:59 We set the Result of the level: 0.79686 to: Canceled (triggered)
2017.08.28 20:59 RedNews filter is NOT ACTIVE. We start a trade
2017.08.28 20:59 We placed a Short-trade with the followingsettings : Lots: 4.17000000 MyBid: 0.79686000 MyDigits: 5 Slippage: 5 MagicNumber: 123456
2017.08.28 20:59 OrderModify was Succesfull with the followingsettings : SL: 0.79806000 TP: 0.79586000 MyDigits: 5
2017.08.28 21:00 Longlevel: 0.78891
2017.08.28 21:00 Longlevel: 0.79122
2017.08.28 21:00 Shortlevel: 0.79686
2017.08.28 21:00 trade-levels are set
2017.08.28 21:00 We set the Result of the level: 0.79686 to: Canceled (triggered)
2017.08.28 21:00 A new Hourly bar started, first read short and longfile
2017.08.28 21:00 next-bar (H1) info updated
2017.08.28 21:59 Order was modified because of EXIT RULE2 => TP was set to BE
2017.08.28 22:00 trade-levels are set
2017.08.28 22:00 A new Hourly bar started, first read

It looks to me that in my log...the level was already triggered at 20:59) and in your logging the level is still on MONITORING at 21:00 BUT if it ticks 21:00 then the EA looking to the level.... and comes to the conclusion that the level was already triggered....but the trade wasn't placed... in the logging you send.

What version are you using...1.34...?
Did you put the levels also in the MT4 tester by yourself? Are the results then the same?

Regards,
HappyMe
You can manage risk, but you can't manage the return
  • #89
  • Aug 29, 2017 12:24am Aug 29, 2017 12:24am
Quoting HappyMe
{quote} Thanks for the logging. Strange I get a complete different logging if I use the longs and shorts you are using. What I'm getting in the tester..Looks to me as correct! I also do not see in your logging when the trade was placed....?? My tester logging: 2017.08.28 20:12 We set the Result of the level: 0.79686 to: MONITORING (testing) 2017.08.28 20:12 Testing level was seen at: 0.79656000 => MONITORING (testing) 2017.08.28 20:59 We set the Result of the level: 0.79686 to: Canceled (triggered) 2017.08.28 20:59 RedNews filter is NOT ACTIVE....
I have the same results as yours in the tester.
In real life, the sell order was not triggered at 20:59...I don't know why ???
I m using 1.34
Cheers
  • #90
  • Aug 29, 2017 2:39am Aug 29, 2017 2:39am
Quoting Bestof27
{quote} I have the same results as yours in the tester. In real life, the sell order was not triggered at 20:59...I don't know why ??? I m using 1.34 Cheers
I have to think about it...
You can manage risk, but you can't manage the return
  • #91
  • Edited Aug 31, 2017 2:55am Aug 30, 2017 7:28am | Edited Aug 31, 2017 2:55am
I made a new Release V1.40.

See post 1 for the latest Version

This release covers new functionality:
1) we can send Push Notifications to a Mobile Phone if levels testing/tested and x-pips before the level is reached
=> you need to configure the notification in MT4 (and ofcourse need to have MT4 on your mobile phone). See also the screensht on from my Mobile MT4 application
2) I added a pre-defined profile for a better overview for levels and EA (levels are automatically draw in the different instruments)
=> after install you can select the profile: EA_TradeMan_HappyMe in MT4 (file => Profiles) See the screenshot from my MT4
3) We can add levels for longer then one day (be carefull max. 2 longs and 2 shorts at one time per instrument are allowed)

If you find some strange behavior in this version or have some add-on please let me know!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
Attached Image
You can manage risk, but you can't manage the return
  • #92
  • Aug 30, 2017 2:02pm Aug 30, 2017 2:02pm
Just installed this fantastic new release and already have functionnalities to add to your wish list
- option to switch off automatic trading to trade manually, only using near levels notifications
- none trading hours (ex from 23:00 to 01:00)
  • #93
  • Aug 30, 2017 9:32pm Aug 30, 2017 9:32pm
I would still really appreciate being able to use the EA on an AUD account. And not have to have a USD or EUR account.
  • #94
  • Aug 30, 2017 11:54pm Aug 30, 2017 11:54pm
Hi Happy Me

I have again a level tested, then triggered, with no trade placed by the EA.
The level is EURUSD Long 1.18767
Here are the logs
Attached File(s)
File Type: txt MT4_Log.txt   1 KB | 185 downloads
File Type: txt EA_Log.txt   2 KB | 184 downloads
  • #95
  • Edited 2:29am Aug 31, 2017 2:07am | Edited 2:29am
Quoting Bestof27
Just installed this fantastic new release and already have functionnalities to add to your wish list - option to switch off automatic trading to trade manually, only using near levels notifications - none trading hours (ex from 23:00 to 01:00)
Thanks. I will put it on the list

Quoting Bestof27
Hi Happy Me I have again a level tested, then triggered, with no trade placed by the EA. The level is EURUSD Long 1.18767 Here are the logs {file} {file}
Well at first sight strange..... I looked quickly to it and does not have a good explanation for it.. I have to look to it more closely.

Is it possible you can give me the OHLC values from your M1 chart (5 min before to 5 min after 4:43) and the OHLC from the H1-chart 04:00 and 05:00?
and the lowest value around 23.57.... that is around 1.18806 (normally no impact but it is possible this value is a little lower in your terminal)

Ps: Yesterday I had the level 1.18740 and was working as expected. Below the push notifications from this night. I also never noticed such behavior, but at first step I will do my best to explain it!!

Edit: I let the value run in the tester. That went as expected. level is triggered, trade is triggered. That part is oke on my terminal.
Attached Image
You can manage risk, but you can't manage the return
  • #96
  • Aug 31, 2017 2:08am Aug 31, 2017 2:08am
Quoting Foxinvest
I would still really appreciate being able to use the EA on an AUD account. And not have to have a USD or EUR account.
Thanks Foxinvest, It is still on the wish-list ....
You can manage risk, but you can't manage the return
  • #97
  • Edited 3:03am Aug 31, 2017 2:47am | Edited 3:03am
Quoting Bestof27
Hi Happy Me I have again a level tested, then triggered, with no trade placed by the EA. The level is EURUSD Long 1.18767 Here are the logs {file} {file}
Hi Bestof27,

In your logging stand:
03:43:13.648 Notifications: 'Alert for EURUSD!! LongLevel: 1.18767 is Testing' sent to 'xxxxxx'
03:43:14.246 Notifications: 'Alert for EURUSD!! ShortLevel: 1.18767 is Tested' sent to 'xxxxxx'

That is indeed a bug in the logging/Notification (both entries where for the LongLevel!)...It is solved in V1.41. Click here post 1 where you can find the latest version.

ps. This is not exlaining the tested/triggered thing you reported. I'm still working on that!
You can manage risk, but you can't manage the return
  • #98
  • Sep 1, 2017 2:10am Sep 1, 2017 2:10am
I'm sorry guy's,

The push notification (level can be reached within x points) didn't worked correctly in some circumstances.
Solved this issue in V1.42. Click here post 1 where you can download the latest version
You can manage risk, but you can't manage the return
  • #99
  • Sep 3, 2017 10:31am Sep 3, 2017 10:31am
great stuff. will begin testing
  • #100
  • Sep 4, 2017 4:16am Sep 4, 2017 4:16am
Hi HappyMe,

It seems like you did an excellent job with this EA. I like the features and options it has. I did not try your EA yet because Sevan62's EA works fine for me for now and if I understand correctly your EA does not trade other pairs than GBPUSD, EURUSD, USDCAD, AUDUSD and USDJPY ?

If this is correct, are you planning to make the EA in the future suitable for other pairs like EURAUD, EURJPY, EURGBP, NZDUSD and USDCHF or is that difficult?

Cheers GU
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