/*-----------------------------+ | | | Shared by www.Aptrafx.com | | | +------------------------------*/ //+------------------------------------------------------------------+ //| EMA_CROSS.mq4 | //| Coders Guru | //| http://www.forex-tsd.com | //+------------------------------------------------------------------+ //+------------------------------------------------------------------+ //| TODO: Add Money Management routine | //+------------------------------------------------------------------+ #property copyright "Coders Guru" #property link "http://www.forex-tsd.com" //---- input parameters extern double TakeProfit=130; extern double Lots=1; extern double TrailingStop=20; extern int ShortEma = 10; extern int LongEma = 80; //+------------------------------------------------------------------+ //| expert initialization function | //+------------------------------------------------------------------+ int init() { //---- //---- return(0); } //+------------------------------------------------------------------+ //| expert deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- //---- return(0); } int Crossed (double line1 , double line2) { static int last_direction = 0; static int current_direction = 0; //Don't work in the first load, wait for the first cross! static bool first_time = true; if(first_time == true) { first_time = false; return (0); } if(line1>line2)current_direction = 1; //up if(line1<line2)current_direction = 2; //down if(current_direction != last_direction) //changed { last_direction = current_direction; return (last_direction); } else { return (0); //not changed } } //+------------------------------------------------------------------+ //| 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 } SEma = iMA(NULL,0,ShortEma,0,MODE_EMA,PRICE_CLOSE,0); LEma = iMA(NULL,0,LongEma,0,MODE_EMA,PRICE_CLOSE,0); static int isCrossed = 0; isCrossed = Crossed (LEma,SEma); total = OrdersTotal(); if(total < 1) { if(isCrossed == 1) { ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,Ask+TakeProfit*Point,"EMA_CROSS",12345,0,Green); if(ticket>0) { if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice()); } else Print("Error opening BUY order : ",GetLastError()); return(0); } if(isCrossed == 2) { ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,0,Bid-TakeProfit*Point,"EMA_CROSS",12345,0,Red); if(ticket>0) { if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice()); } else Print("Error opening SELL order : ",GetLastError()); return(0); } return(0); } for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); //OrderPrint(); if(OrderType()<=OP_SELL && OrderSymbol()==Symbol()) { if(OrderType()==OP_BUY) // long position is opened { // should it be closed? /* REMOVED - Trailling stop only close if(isCrossed == 2) { OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position return(0); // exit } */ // check for trailing stop if(TrailingStop>0) { if(Bid-OrderOpenPrice()>Point*TrailingStop) { if(OrderStopLoss()<Bid-Point*TrailingStop) { OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Green); return(0); } } } } else // go to short position { // should it be closed? /* REMOVED - Trailling stop only close if(isCrossed == 1) { OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position return(0); // exit } */ // check for trailing stop if(TrailingStop>0) { if((OrderOpenPrice()-Ask)>(Point*TrailingStop)) { if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0)) { OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red); return(0); } } } } } } return(0); } //+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
Moving average indicator
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: