//+------------------------------------------------------------------+ //| EMA_CROSS_CONTEST_HEDGED.mq4 | //| Coders Guru | //| http://www.forex-tsd.com | //+------------------------------------------------------------------+ #property copyright "Coders Guru" #property link "http://www.forex-tsd.com" //---- Trades limits extern double TakeProfit=150; extern double TrailingStop=40; extern double StopLoss=150; extern int HedgeLevel=6; extern bool UseClose=true; extern bool UseMACD=true; extern double Expiration=7200; extern int ShortEma=4; extern int LongEma=24; extern int CurrentBar=1; extern double Lots=0.10; string ExpertName="EMA_CROSS_CONTEST_HEDGED"; int Magic=20060328; //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int init() { return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int deinit() { return(0); } //+------------------------------------------------------------------ /*bool NewBar(int bar) { static datetime lastbar=0; datetime curbar = Time[bar]; if(lastbar!=curbar) { lastbar=curbar; return (true); } else { return(false); } } */ //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int Crossed() { double EmaLongPrevious=iMA(NULL,0,LongEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar+1); double EmaLongCurrent=iMA(NULL,0,LongEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar); double EmaShortPrevious=iMA(NULL,0,ShortEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar+1); double EmaShortCurrent=iMA(NULL,0,ShortEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar); //---- if (EmaShortPrevious<EmaLongPrevious && EmaShortCurrent>EmaLongCurrent) return(1); //up trend if (EmaShortPrevious>EmaLongPrevious && EmaShortCurrent<EmaLongCurrent) return(2); //down trend //---- return(0); //elsewhere } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ bool isNewSumbol(string current_symbol) { //loop through all the opened order and compare the symbols int total =OrdersTotal(); for(int cnt=0;cnt < total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); string selected_symbol=OrderSymbol(); if (current_symbol==selected_symbol) return(False); } return(True); } //+------------------------------------------------------------------+ //| expert start function | //+------------------------------------------------------------------+ int start() { //---- int cnt, ticket, total; double SEma, LEma; if(Bars<100) { Print("bars less than 100"); return(0); } if(TakeProfit<10) { Print("TakeProfit less than 10"); return(0); // check TakeProfit } total =OrdersTotal(); //---- double macd=iMACD(NULL,0,4,24,12,PRICE_CLOSE,MODE_SIGNAL,CurrentBar); if(UseMACD==false) macd=0; if(total < 1 || isNewSumbol(Symbol())) { if(Crossed()==1 && macd>=0 ) { ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*MarketInfo(Symbol(),MODE_POINT),Ask+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + 3600,Green); if(ticket>0) { if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice()); } else Print("Error opening BUY order : ",GetLastError()); //---- OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+HedgeLevel*MarketInfo(Symbol(),MODE_POINT),3,(Ask+HedgeLevel*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+HedgeLevel*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT),3,(Ask+(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT),3,(Ask+(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT),3,(Ask+(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); //---- return(0); } if(Crossed ()==2 && macd<=0 ) { ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*MarketInfo(Symbol(),MODE_POINT),Bid-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,0,Red); if(ticket>0) { if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice()); } else Print("Error opening SELL order : ",GetLastError()); //---- OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-HedgeLevel*MarketInfo(Symbol(),MODE_POINT),3,(Bid-HedgeLevel*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-HedgeLevel*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-(HedgeLevel+1)*MarketInfo(Symbol(),MODE_POINT),3,(Bid-(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT),3,(Bid-(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT),3,(Bid-(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue); return(0); } return(0); } for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderType()<=OP_SELL && OrderSymbol()==Symbol()) { if(OrderType()==OP_BUY) // long position is opened { if(UseClose) { if(Crossed ()== 2) { OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position return(0); // exit } } // check for trailing stop if(TrailingStop>0) { if(Bid-OrderOpenPrice()>MarketInfo(Symbol(),MODE_POINT)*TrailingStop) { if(OrderStopLoss()<Bid-MarketInfo(Symbol(),MODE_POINT)*TrailingStop) { OrderModify(OrderTicket(),OrderOpenPrice(),Bid-MarketInfo(Symbol(),MODE_POINT)*TrailingStop,OrderTakeProfit(),0,Green); return(0); } } } } else // go to short position { if(UseClose) { if(Crossed ()== 1) { OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position return(0); // exit } } // check for trailing stop if(TrailingStop>0) { if((OrderOpenPrice()-Ask)>(MarketInfo(Symbol(),MODE_POINT)*TrailingStop)) { if((OrderStopLoss()>(Ask+MarketInfo(Symbol(),MODE_POINT)*TrailingStop)) || (OrderStopLoss()==0)) { OrderModify(OrderTicket(),OrderOpenPrice(),Ask+MarketInfo(Symbol(),MODE_POINT)*TrailingStop,OrderTakeProfit(),0,Red); return(0); } } } } } } return(0); } //+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Indicators Used:
Moving average indicator
MACD Histogram
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It automatically opens orders when conditions are reached
It Closes Orders by itself
It can change open orders parameters, due to possible stepping strategy
Other Features: