EA based on Levels seen by MarketProfile and Volume | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Question: What is the difference between Tick Volume and (true) Volume? 8 replies

MarketProfile/Volume Profile/Auction Market Theory indi? 17 replies

Volume for indices, tick and the exchange derived volume 4 replies

Help with % increase in Up volume and Down Volume 2 replies

MarketProfile and momentum 40 replies

Attachments: EA based on Levels seen by MarketProfile and Volume
Exit Attachments

EA based on Levels seen by MarketProfile and Volume

  • #101
  • Sep 4, 2017 5:06am Sep 4, 2017 5:06am
Quoting GU-Night
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
Hi GU-Night,

Thanks for the compliments. I use the EA on a daily basis on my live and demo accounts and also I'm very pleased with the result!

It would be a very nice change in such a way that a user can decide which Instrument to trade but I have to take a limit on it (I would say max. 5 instruments) for holding the EA quick enough. But such a change would be a complete overhaul. If I do an overhaul it is also just for other users because I only trade those 5 instruments (since I'm on the Dale subscription I do not trade the GBPUSD anymore).... with this bucket I hope to reach my "mission impossible"

First I want to solve eventually revealed issue's and add some extra features. If all is working nicely then it would be a nice change, I'm agreed with you!
You can manage risk, but you can't manage the return
  • #102
  • Sep 4, 2017 6:56am Sep 4, 2017 6:56am
Quoting HappyMe
{quote} Hi GU-Night, Thanks for the compliments. I use the EA on a daily basis on my live and demo accounts and also I'm very pleased with the result! It would be a very nice change in such a way that a user can decide which Instrument to trade but I have to take a limit on it (I would say max. 5 instruments) for holding the EA quick enough. But such a change would be a complete overhaul. If I do an overhaul it is also just for other users because I only trade those 5 instruments (since I'm on the Dale subscription I do not trade the...
Hi HappyYou,

Okay, I understand. I thought maybe it is an easy change, so I asked. By the way your Trade Explorer looks very green, keep it up!

Cheers
  • #103
  • Edited 10:17am Sep 6, 2017 9:42am | Edited 10:17am
The EA v1.42 with new functionality (push notification towards the mobile phone MT4 application) was just tested under stress circumstances and worked like a charm
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 88 KB
You can manage risk, but you can't manage the return
  • #104
  • Sep 7, 2017 1:21am Sep 7, 2017 1:21am
Hi HappyMe.

Just found this thread. Have been using Sevan's EA but it's not dealing with news properly currently (entering the trade that has blown through the level as soon as the "news no trading window' finishes). Unfortunately my accounts are all GBP so can I add my name to the list of people requesting that functionality?!...from reading the thread it appears there may be a work around in the meantime??

Cheers!
  • #105
  • Sep 7, 2017 3:05am Sep 7, 2017 3:05am
Quoting DarwinFX
Hi HappyMe. Just found this thread. Have been using Sevan's EA but it's not dealing with news properly currently (entering the trade that has blown through the level as soon as the "news no trading window' finishes). Unfortunately my accounts are all GBP so can I add my name to the list of people requesting that functionality?!...from reading the thread it appears there may be a work around in the meantime?? Cheers!
Yes I already noticed your question about the Sevan's EA. You where lucky on that USDCAD trade!!
Well I only can say that in my EA: If a level is triggered then it is triggered and not mentioned anymore also during news-times.

Your GBP-account question is a valid one! But unfortunately I have to make a change for a correct calculation of the used Lotsize in GBP. At the moment the EA is only supporting EUR and USD balances.
I put it on the wish list. Please follow this thread. I try to add it in the next version (No promise...it's an intention to do)

Maybe you already do ....but in the meantime you maybe can test the EA on a demo-account
You can manage risk, but you can't manage the return
  • #106
  • Sep 13, 2017 1:40am Sep 13, 2017 1:40am
Hi HappyMe

I m just making an update after some 2 weeks trading without anymore problems.
Some of the strange behaviors that I experimented where due to my old computer with wine... lagging ???
As far as I m concerned, your EA is now working like a charm !
Thanks very much for your hard work

Cheers
  • #107
  • Edited 3:20pm Sep 13, 2017 3:06pm | Edited 3:20pm
There was a need for a small update. So I needed to create a New version V1.43

Solved issue:
In Version 1.4 I added: adding levels for longer then one day. "Bestof27" found a bug in it. The EA did not mention in some cases the date but only time. This issue is solved in version 1.43.

Click here for post 1 where you can download the latest version

If you find some strange behavior in this version or have some add-on please let me know!

You can manage risk, but you can't manage the return
  • #108
  • Edited 4:21pm Sep 13, 2017 4:09pm | Edited 4:21pm
Quoting HappyMe
There was a need for a small update. So I needed to create a New version V1.43 Solved issue: In Version 1.4 I added: adding levels for longer then one day. "Bestof27" found a bug in it. The EA did not mention in some cases the date but only time. This issue is solved in version 1.43. Click here for post 1 where you can download the latest version If you find some strange behavior in this version or have some add-on please let me know!
This is irritating...I uploaded the wrong version ...

Click here for post 1 where you can download the latest version Version 1.44
You can manage risk, but you can't manage the return
  • #109
  • Sep 16, 2017 11:06am Sep 16, 2017 11:06am
Quoting HappyMe
There was a need for a small update. So I needed to create a New version V1.43 Solved issue: In Version 1.4 I added: adding levels for longer then one day. "Bestof27" found a bug in it. The EA did not mention in some cases the date but only time. This issue is solved in version 1.43. Click here for post 1 where you can download the latest version If you find some strange behavior in this version or have some add-on please let me know!
Great EA...only one thing that could be better for insert levels...
  • #110
  • Sep 16, 2017 1:07pm Sep 16, 2017 1:07pm
Quoting Michele86
{quote} Great EA...only one thing that could be better for insert levels...
Hi Michele,

Good to hear you find it a great EA

Do you have some good suggestions how to insert the levels at an other or better way? (Inserting in the input-tab is not an option because I want to build a history list what I can use for back-testing!)
Or....
What do you think can better for inserting levels?

Best regards
HappyMe
You can manage risk, but you can't manage the return
  • #111
  • Sep 16, 2017 1:35pm Sep 16, 2017 1:35pm
Quoting HappyMe
{quote} Hi Michele, Good to hear you find it a great EA Do you have some good suggestions how to insert the levels at an other or better way? (Inserting in the input-tab is not an option because I want to build a history list what I can use for back-testing!) Or.... What do you think can better for inserting levels? Best regards HappyMe
Hi
Why not a small database, fed by a dale's level grid like form.
We could keep history of all the levels for back testing.
  • #112
  • Sep 16, 2017 3:09pm Sep 16, 2017 3:09pm
Quoting Bestof27
{quote} Hi Why not a small database, fed by a dale's level grid like form. We could keep history of all the levels for back testing.
May be only a text file and the dale's levels grid like form...
  • #113
  • Sep 17, 2017 10:03am Sep 17, 2017 10:03am
Quoting Bestof27
{quote} May be only a text file and the dale's levels grid like form...
I try to make a simple app to manage Long.txt and Short.txt
I ll upload it as soon as it is ok
  • #114
  • Sep 17, 2017 2:20pm Sep 17, 2017 2:20pm
Quoting Bestof27
{quote} Hi Why not a small database, fed by a dale's level grid like form. We could keep history of all the levels for back testing.
Indeed that is a possibility but if we use eg. mysql then you also must install the Mysql software. I think that is making it a little to complex for use.
But indeed an excel sheet in form of csv could be possible! Maybe that is a little easier to fill in!

Quoting Bestof27
{quote} I try to make a simple app to manage Long.txt and Short.txt I ll upload it as soon as it is ok
That would be very nice. I also thought about such an app! That could simplify the filling of thetxt files! For now I want to spend my time to the EA-work. Anyway it would be great if you would add such an app to the EA!

In the attachments you find the long.txt and rednews.txt for the month juli 2017. I use those txt-files already as a history for backtesting. So daily I just adding my levels to the txt files and at the end of the month I just saving it to a history location and creating new txt-files for the EA.

I think there must be an add/remove functionality but also a change functionality.
Attached File(s)
File Type: txt 07_2017_Long.txt   5 KB | 221 downloads
File Type: txt 07_2017_RedNews.txt   1 KB | 196 downloads
You can manage risk, but you can't manage the return
  • #115
  • Sep 18, 2017 4:15pm Sep 18, 2017 4:15pm
Hi everyone,

I'm thinking about the MonsterMove filter

It's not difficault to detect: in 1 minute more then x points then we see a monstermove and can activate the monstermove-filter (=no trading allowed on the specified pair)

Well but when can we normalize the this filter again, So that we can allow trading again?
Do we need to look to the spread. If they become normal again we can deactivate the filter ?
or just deactivate the filter after x- minutes? or..... maybe some other Ideas?

already thanks for your input!
You can manage risk, but you can't manage the return
  • #116
  • Sep 18, 2017 8:30pm Sep 18, 2017 8:30pm
What is main reason/logic behind the Monstermove filter in the first place?
Trying to understand why if there is a Monstermove we want to not take a position
  • #117
  • Sep 19, 2017 12:34am Sep 19, 2017 12:34am
Also for the EA:

1. Would be good to allow partial profit at X pips and the balance move to BE. Example, 20 TP, 1st TP at 10pip and move the balance to BE
2. For EA Exit Strategy setting:
BE-Level for rules below
if X pip in Green set SL to BE
So if I want to move my SL to BE once 10pip is reach what setting should I put in?
  • #118
  • Sep 19, 2017 1:37am Sep 19, 2017 1:37am
Hi Happy,

I suggest to set it back manually. My reasoning for this is that when a monster move happen something has changed. This "something" needs to be investigated. I know the key is to automate as much as possible but honestly speaking. I rather miss a trade than getting whipsawed or caught in a position that is hard to get out....netter safe than sorry so to speak....just my 2 cents though.

Cheers Jester

PS: Please dont forget the GBP account functionality
  • #119
  • Sep 19, 2017 5:10am Sep 19, 2017 5:10am
Quoting Jester_73
Hi Happy, I suggest to set it back manually. My reasoning for this is that when a monster move happen something has changed. This "something" needs to be investigated. I know the key is to automate as much as possible but honestly speaking. I rather miss a trade than getting whipsawed or caught in a position that is hard to get out....netter safe than sorry so to speak....just my 2 cents though. Cheers Jester PS: Please dont forget the GBP account functionality
Can i second the PS comment?!
  • #120
  • Sep 19, 2017 5:22am Sep 19, 2017 5:22am
Quoting Jester_73
Hi Happy, I suggest to set it back manually. My reasoning for this is that when a monster move happen something has changed. This "something" needs to be investigated. I know the key is to automate as much as possible but honestly speaking. I rather miss a trade than getting whipsawed or caught in a position that is hard to get out....netter safe than sorry so to speak....just my 2 cents though. Cheers Jester PS: Please dont forget the GBP account functionality
You can do that with deactivating the filter after x minutes as Happy suggests. Simply set 'x' to a huge number.
1 trader viewing now