Introduction to Market Profile Multi Sessions
As a trading tool, Market Profile Multi Sessions is decent enough to pique one's interest. It's far from perfect and could use some work, but it's capable. The robot targets daily sessions, offers a relatively good amount of history, and allows one to view the day and night profiles. However, it could do better. It lacks the option to merge profiles, which seems to be a sticking point for a few users, but we'll dive deeper into that later. Let's start with the basics and look at how to set up and tune this machine to your liking.Installation and Configuration
Installing and configuring trading robots like the Market Profile Multi Sessions can be straightforward, but it can be sometimes a lengthy task for those unfamiliar with the process. Begin by downloading the robot from the MQL5 website. Then, open your MetaTrader 5 platform, click on File, and choose Open Data Folder. In the opened directory, open the MQL5 folder and paste there your downloaded file in the Experts folder. Restart the MetaTrader 5 platform, and the robot should be displayed in the Navigator window.Now, to configure it for maximum efficiency, all you need to do is drag and drop it onto your desired chart. It might not be very customizable as we would like to it to be, but you'll have to make do for now. Adjust the settings to your preference and begin your adventure into the treacherous world of trading.
Experience with Market Profile Multi Sessions
The effectiveness of this robot, like everything else in life, depends on perspective. Some traders find it useful and reliable for their daily trading, while others think it's pretty mediocre due to its limitation – inability to merge profiles. Our experience using it was, shall we say, unremarkable. Still, it's being sold for a reasonable price, making it an attractive choice for novice traders or those on a tight budget.A word of advice: Don't let the robot do all the work. You need to understand what it's doing and why. If you can master that, you'll squeeze more out of this tool.
Improvement Suggestions for Market Profile Multi Sessions
As with any software, there's always room for improvement. The most glaring omission is the inability to merge profiles. Adding this feature could take its functionality to another level. Additionally, enhancing its customization capabilities would be a welcome upgrade.The Source Code of Market Profile Multi Sessions
For those curious about the source code of the Market Profile Multi Sessions, we're unable to provide it. The original code is proprietary to the developer selling it on MQL5. However, based on user reviews and description from the MQL5 website, we have crafted a sample code, available at easytradingforum.com. Keep in mind that our code is a replica, not the original one.For any inquiries regarding the code, feel free to ask your questions.
Code:
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If you wish to try out this trading robot, you can download Market Profile Multi Sessions from the MQL5 site. Just remember - don't let your expectations get the better of you. It's a decent tool for its price, but it won't turn lead into gold.It should be noted that EASY Trading Team is not the seller of the Market Profile Multi Sessions available on MQL5. Our team has simply developed a sample trading robot code, based on the description provided by the developer, to help users understand its potential functionality.
So, go ahead and give it a whirl. Who knows? You might be the one to crack the code to successful trading with it.