ASCTrend1sig_v3





/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//---- input parameters
extern int RISK=2;
extern double TrailingStop = 0;
extern double StopLoss = 50;
extern double TakeProfit = 50;
extern double Lots = 1;


//+------------------------------------------------------------------+
//| ASCTrend1sig |
//+------------------------------------------------------------------+
int start()
{
int i,shift;
int Counter,i1,value10,value11;
double val1,val2;
double value1,x1,x2;
double value2,value3;
double TrueCount,Range,AvgRange,MRO1,MRO2;
int cnt, ticket, total;

value10=3+RISK*2;
x1=67+RISK;
x2=33-RISK;
value11=value10;

shift=0;
Counter=0;
Range=0.0;
AvgRange=0.0;

for (Counter=shift; Counter<=shift+9; Counter++)
AvgRange=AvgRange+MathAbs(High[Counter]-Low[Counter]);

Range=AvgRange/10;
Counter=shift;
TrueCount=0;

while (Counter<1)
{
if (MathAbs(Close[Counter+1])>=Range*2.0)
{
TrueCount=TrueCount+1;
Counter=Counter+1;
}
}

if (TrueCount>=1)
MRO1=Counter;
else
MRO1=-1;

Counter=shift;
TrueCount=0;

while (Counter<1)
{
if (MathAbs(Close[Counter+3])-Close[Counter]>=Range*4.6)
{
TrueCount=TrueCount+1;
Counter=Counter+1;
}
}

if (TrueCount>=1)
MRO2=Counter;
else
MRO2=-1;

if (MRO1>-1) {value11=3;} else {value11=value10;}
if (MRO2>-1) {value11=4;} else {value11=value10;}


value2=MathAbs(iWPR(NULL,0,value11,shift));
val1=0;
val2=0;
value3=0;

if (value2<x2)
{
i1=1;
while (MathAbs(iWPR(NULL,0,value11,shift+i1))
>=x2&&MathAbs(iWPR(NULL,0,value11,shift+i1))<=x1)
{
i1=i1+1;
}
if (MathAbs(iWPR(NULL,0,value11,shift+i1))>x1)
{
value3=Low[shift]-Range*0.5;
val1=value3;
}
}
if (value2>x1)
{
i1=1;
while (MathAbs(iWPR(NULL,0,value11,shift+i1))
>=x2&&MathAbs(iWPR(NULL,0,value11,shift+i1))<=x1)
{
i1=i1+1;
}
if (MathAbs(iWPR(NULL,0,value11,shift+i1))<x2)
{
value3=High[shift]-Range*0.5;
val2=value3;
}
}

if (val1!=0)
val1=-val1;
else
val1=val2;

total=OrdersTotal();
if(total<1)
{
if(AccountFreeMargin()<(1000*Lots))
{
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}
}

if (val1<0)
{
if(total==0)
{
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,
Ask+TakeProfit*Point,0,0,Green);
return(0);
}
else
{
OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet);
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,
Ask+TakeProfit*Point,0,0,Green);
return(0);
}
}

if (val1>0)
{
if(total==0)
{
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,
Ask+TakeProfit*Point,0,0,Green);
return(0);
}
else
{
OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet);
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,
Ask+TakeProfit*Point,0,0,Green);
return(0);
}
}
return(0);
}



Sample





Analysis



Market Information Used:

Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains close prices for each bar


Indicator Curves created:


Indicators Used:

Larry William percent range indicator


Custom Indicators Used:

Order Management characteristics:
Checks for the total of open orders
It Closes Orders by itself

Other Features: