/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+-------------------+
//| 1MA Expert |
//+-------------------+
#property copyright "Ron Thompson"
#property link "http://www.lightpatch.com/forex"
// User Input
extern double Lots = 0.1;
extern double MovingAvg=10;
extern double filter=0;
extern int TakeProfit=0;
extern int StopLoss=0;
// to trade on open price for any higher period, you need to know what
// the ratio to your current timeframe is and the desired timeframe.
// if you're on 1minute and want to trade on 4HR then 1*60*4=240
// if you're on 1 minute and want to trade daily then 1*60*24=1440
// if you're on 1 hour and want to trade daily then 1*24=24
//
// for max resolution of 1MIN chart, then
// 5 min Tradeperiod=5
// 15 min TradePeriod=15
// 30 min Tradeperiod=30
// 1 hr TradePeriod=60
// 4 hr Tradeperiod=240
// 1 day TradePeriod=1440
// 1 wk Tradeperiod=10080
extern int TradePeriod=1440;
// Global scope
double barmove0 = 0;
double barmove1 = 0;
int risingcnt = 0;
int fallingcnt = 0;
int periodcnt = 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//|------------------------------------------------------------------|
int init()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int cnt=0;
double cMA=0, pMA=0;
double p=Point();
double slA,slB,tpA,tpB;
bool rising=false;
bool falling=false;
// Error checking
if(AccountFreeMargin()<(1000*Lots)) {return(0);}
if(Bars<100) {return(0);}
if(barmove0==Open[0] && barmove1==Open[1]) {return(0);}
// bars moved, update current position
barmove0=Open[0];
barmove1=Open[1];
// has periodcnt reached TradePeriod
periodcnt++;
if (periodcnt<TradePeriod) {return(0);}
periodcnt=0;
// Finally! we can actually trade
cMA=iMA(Symbol(), 0, MovingAvg*TradePeriod, 0, MODE_LWMA, PRICE_OPEN, 0);
pMA=iMA(Symbol(), 0, MovingAvg*TradePeriod, 0, MODE_LWMA, PRICE_OPEN, 1);
if (pMA+(filter*p)<cMA) {rising=true; falling=false;}
if (pMA-(filter*p)>cMA) {rising=false; falling=true;}
for(cnt=0;cnt<OrdersTotal();cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderSymbol()==Symbol())
{
if (OrderType()==0)
{
//bought=true;
OrderClose(OrderTicket(),Lots,Bid,0,White);
}
if (OrderType()==1)
{
//sold=true;
OrderClose(OrderTicket(),Lots,Ask,0,Red);
}
}
}
if (TakeProfit==0)
{
tpA=0;
tpB=0;
}
else
{
tpA=Ask+(p*TakeProfit);
tpA=Bid-(p*TakeProfit);
}
if (StopLoss==0)
{
slA=0;
slB=0;
}
else
{
slA=Ask-(p*TakeProfit);
slA=Bid+(p*TakeProfit);
}
if (rising)
{
OrderSend(Symbol(),OP_BUY,Lots,Ask,3,slA,tpA,"1MA Buy",11123,0,White);
}
if (falling)
{
OrderSend(Symbol(),OP_SELL,Lots,Bid,3,slB,tpB,"1MA Sell",11321,0,Red);
}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains open prices of each bar
Indicator Curves created:
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It Closes Orders by itself
It automatically opens orders when conditions are reached
Other Features: