//+------------------------------------------------------------------+
//| Daydream by Cothool |
//| Recommended: USD/JPY 1H |
//+------------------------------------------------------------------+
#define MAGIC_NUM 48213657
//----
extern double Lots =1;
extern int ChannelPeriod=25;
extern int Slippage =3;
extern int TakeProfit =15;
//----
double LastOrderTime=0;
double CurrentDirection=0;
double CurrentTakeProfitPrice=0;
//----
void OpenLong()
{
if (Time[0]==LastOrderTime)
return;
if (CurrentDirection!=0)
return;
//----
OrderSend(Symbol(), OP_BUY, Lots, Ask, Slippage, 0, 0,
"Daydream", MAGIC_NUM, 0, Blue);
LastOrderTime=Time[0];
CurrentDirection=1;
}
//----
void OpenShort()
{
if (Time[0]==LastOrderTime)
return;
if (CurrentDirection!=0)
return;
//----
OrderSend(Symbol(), OP_SELL, Lots, Bid, Slippage, 0, 0,
"Daydream", MAGIC_NUM, 0, Red);
LastOrderTime=Time[0];
CurrentDirection=-1;
}
//----
void CloseLong()
{
int i;
if (Time[0]==LastOrderTime)
return;
if (CurrentDirection!=1)
return;
//----
for(i=0; i < OrdersTotal(); i++)
{
if (OrderSelect(i, SELECT_BY_POS) && OrderSymbol()==Symbol() &&
OrderMagicNumber()==MAGIC_NUM && OrderType()==OP_BUY)
{
OrderClose(OrderTicket(), OrderLots(), Bid, 3, White);
LastOrderTime=Time[0];
CurrentDirection=0;
}
}
}
//----
void CloseShort()
{
int i;
//----
if (Time[0]==LastOrderTime)
return;
if (CurrentDirection!=-1)
return;
for(i=0; i < OrdersTotal(); i++)
{
if (OrderSelect(i, SELECT_BY_POS) && OrderSymbol()==Symbol() &&
OrderMagicNumber()==MAGIC_NUM && OrderType()==OP_SELL)
{
OrderClose(OrderTicket(), OrderLots(), Ask, 3, White);
LastOrderTime=Time[0];
CurrentDirection=0;
}
}
}
//----
void start()
{
double HighestValue;
double LowestValue;
//
HighestValue=High[Highest(NULL, 0, MODE_HIGH, ChannelPeriod, 1)];
LowestValue=Low[Lowest(NULL, 0, MODE_LOW, ChannelPeriod, 1)];
// BUY
if (Close[0] < LowestValue)
{
CloseShort();
OpenLong();
CurrentTakeProfitPrice=Bid + TakeProfit * Point;
}
// SELL
if (Close[0] > HighestValue)
{
CloseLong();
OpenShort();
CurrentTakeProfitPrice=Ask - TakeProfit * Point;
}
// Trailing Profit Taking for Long Position
if (CurrentDirection==1)
{
if (CurrentTakeProfitPrice > Bid + TakeProfit * Point)
CurrentTakeProfitPrice=Bid + TakeProfit * Point;
if (Bid>=CurrentTakeProfitPrice)
CloseLong();
}
// Trailing Profit Taking for Short Position
if (CurrentDirection==-1)
{
if (CurrentTakeProfitPrice < Ask - TakeProfit * Point)
CurrentTakeProfitPrice=Ask - TakeProfit * Point;
if (Ask<=CurrentTakeProfitPrice)
CloseShort();
}
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
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:
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It Closes Orders by itself
Other Features: