//+------------------------------------------------------------------+ //| FarhadCrab6.mq4 | //| Copyright © 2007, Farhad Farshad | //| http://www.fxperz.com //| farhadfarshad11@yahoo.com //| ***** PLEASE NOTE ***** //| This EA best works on EURUSD 1M TimeFrame. //| If you get money from this EA please donate some to poor people of your country. //+-----------------------------------------------------------------+ #property copyright "Copyright © 2007, Farhad Farshad" #property link "http://www.fxperz.com" #include <stdlib.mqh> extern double maxLoss = 100; // Maximum Loss that you can bear in percent extern double maxYield = 0.1; // a number between 0 to 100 (not more than 10 is recommended) extern double lTakeProfit = 300; // recomended no more than 20 extern double sTakeProfit = 300; // recomended no more than 20 extern double takeProfit = 300; // recomended no more than 20 extern double pr = 300; //take profit in sideway markets. extern double stopLoss = 0; // extern int magicEA = 124; // Magic EA identifier. Allows for several co-existing EA with different input values extern double lTrailingStop = 15; // trail stop in points extern double sTrailingStop = 15; // trail stop in points extern color clOpenBuy = Blue; //Different colors for different positions extern color clCloseBuy = Aqua; //Different colors for different positions extern color clOpenSell = Red; //Different colors for different positions extern color clCloseSell = Violet; //Different colors for different positions extern color clModiBuy = Blue; //Different colors for different positions extern color clModiSell = Red; //Different colors for different positions extern int Slippage = 3; extern string nameEA = "FarhadCrab6.mq4";// To "easy read" which EA place an specific order and remember me forever :) double maLongCurrent, maShortCurrent, maLongPrevious, maShortPrevious, faRSICurrent, deMark; double realTP, realSL, faMiddle, faHighest, faLowest, closeCurrent,faCloseM5, closeCurrentD, closePreviousD; int cnt, ticket; bool isBuying = false, isSelling = false, isBuyClosing = false, isSellClosing = false; double initialDeposit; //First of All Specify your initial Deposit. double lLots , sLots;// you can change the lot but be aware of margin. Its better to trade with 1/4 of your capital. //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int start() { /* */ initialDeposit=AccountBalance(); //System Stoploss based on LongTerm Moving Average (Fibo 55 day MA) //StopLoss For Buy Positions (Optional) //if ((maLongCurrent>closeCurrentD) && (maLongPrevious<closePreviousD) && (maLongCurrent>highCurrentH1)) { if ((AccountEquity()>(initialDeposit+((maxYield/100)*initialDeposit))) || (AccountBalance()-AccountEquity()>((maxLoss/100)*initialDeposit)) //|| ((maLongCurrent>closeCurrentD) && (maLongPrevious<closePreviousD) && (maLongCurrent>highCurrentH1)) ){ CloseBuyPositions(); //return(0); } //StopLoss For Sell Positions (Optional) //if ((maLongCurrent<closeCurrentD) && (maLongPrevious>closePreviousD) && (maLongCurrent<lowCurrentH1)) { if ((AccountEquity()>(initialDeposit+((maxYield/100)*initialDeposit))) || (AccountBalance()-AccountEquity()>((maxLoss/100)*initialDeposit)) //|| ((maLongCurrent<closeCurrentD) && (maLongPrevious>closePreviousD) && (maLongCurrent<lowCurrentH1)) ){ CloseSellPositions(); return(0); } double overbought,oversold; if (maLongCurrent>closeCurrentD) //downtrend { oversold = 0.15; overbought = 0.85; } if (maLongCurrent<closeCurrentD) //uptrend { oversold = 0.15; overbought = 0.85; } // Check for invalid bars and takeprofit if(Bars < 200) { Print("Not enough bars for this strategy - ", nameEA); return(0); } calculateIndicators(); // Calculate indicators' value //Check for TakeProfit Conditions if(lTakeProfit<1){ Print("TakeProfit less than 1 on this EA with Magic -", magicEA ); return(0); } if(sTakeProfit<1){ Print("TakeProfit less than 1 on this EA with Magic -", magicEA); return(0); } //Introducing new expressions double deMark = iDeMarker(NULL,PERIOD_M1,9,0); double previousdeMark = iDeMarker(NULL,PERIOD_M1,9,1); double rsi = iRSI(NULL,PERIOD_M1,9,PRICE_CLOSE,0); double n; if ((AccountEquity()-AccountBalance()==0) || (AccountEquity()-AccountBalance()>-((OrderLots())*500))) n = 0; else n = 1; if (OrdersTotal()>n) { return(0); } int bnt; for(bnt=0;bnt<OrdersTotal();bnt++) { OrderSelect (bnt, SELECT_BY_POS); if (TimeCurrent()-OrderOpenTime()<500) { //if((OrdersTotal()>1)){ return(0); } } //Check Margin Requirement if(AccountFreeMargin()<0){ Print("We have no money. Free Margin = ", AccountFreeMargin()); return(0); } //Buy Condition if ((!takeBuyPositions()) && (n == 0) ){ if ( (deMark<oversold) //&& (previousdeMark < deMark) && (rsi < 30) // && ((maLongCurrent<closeCurrentD)) ) { OpenBuy(); return(0); } } if ((!takeBuyPositions()) && (n == 1) ){ if ( (deMark<0.30) && (previousdeMark < deMark) && (OrderType()==OP_SELL) ) { hedgeOpenBuy(); return(0); } } //Sell Condition if ((!takeSellPositions()) && (n == 0)){ if ( (deMark>overbought) //&& (previousdeMark > deMark) && (rsi > 70) // && ((maLongCurrent>closeCurrentD)) ) { OpenSell(); return(0); } } if ((!takeSellPositions()) && (n == 1)){ if ( (deMark>0.70) && (previousdeMark > deMark) && (OrderType()==OP_BUY) ) { hedgeOpenSell(); return(0); } } //Trailing Expressions TrailingPositionsBuy(lTrailingStop); TrailingPositionsSell(sTrailingStop); return (0); } //Number of Buy Positions bool takeBuyPositions() { for (int i=0; i<OrdersTotal(); i++) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderSymbol()==Symbol() && OrderMagicNumber() == magicEA) { return(0); } } } return(0); } //Number of Sell Positions bool takeSellPositions() { for (int i=0; i<OrdersTotal(); i++) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderSymbol()==Symbol() && OrderMagicNumber() == magicEA) { return(0); } } } return(0); } void TrailingPositionsBuy(int trailingStop) { for (int i=0; i<OrdersTotal(); i++) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderSymbol()==Symbol() && OrderMagicNumber() == magicEA) { if (OrderType()==OP_BUY) { if (Bid-OrderOpenPrice()>trailingStop*Point) { if (OrderStopLoss()<Bid-trailingStop*Point) ModifyStopLoss(Bid-trailingStop*Point); } } } } } } void TrailingPositionsSell(int trailingStop) { for (int i=0; i<OrdersTotal(); i++) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderSymbol()==Symbol() && OrderMagicNumber() == magicEA) { if (OrderType()==OP_SELL) { if (OrderOpenPrice()-Ask>trailingStop*Point) { if (OrderStopLoss()>Ask+trailingStop*Point || OrderStopLoss()==0) ModifyStopLoss(Ask+trailingStop*Point); } } } } } } void ModifyStopLoss(double ldStopLoss) { bool fm; fm = OrderModify(OrderTicket(),OrderOpenPrice (),ldStopLoss,OrderTakeProfit(),0,CLR_NONE); } void OpenBuy() { double ldLot, ldStop, ldTake; string lsComm; ldLot = GetSizeLot(); ldStop = GetStopLossBuy(); ldTake = GetTakeProfitBuy(); lsComm = GetCommentForOrder(); if ((AccountEquity()-AccountBalance()==0) || (AccountEquity()-AccountBalance()>-((OrderLots())*500))) lLots = NormalizeDouble((MathRound((AccountBalance()-500)/1000)/10),1)/10; else lLots = NormalizeDouble((MathRound((AccountBalance()-500)/1000)/5),1)/10; OrderSend(Symbol(),OP_BUY,lLots,Ask,Slippage,ldStop,ldTake,nameEA,magicEA,0,clOpenBuy); } void OpenSell() { double ldLot, ldStop, ldTake; string lsComm; ldLot = GetSizeLot(); ldStop = GetStopLossSell(); ldTake = GetTakeProfitSell(); lsComm = GetCommentForOrder(); if ((AccountEquity()-AccountBalance()==0) || (AccountEquity()-AccountBalance()>-((OrderLots())*500))) sLots = NormalizeDouble((MathRound((AccountBalance()-500)/1000)/10),1)/10; else sLots = NormalizeDouble((MathRound((AccountBalance()-500)/1000)/5),1)/10; OrderSend(Symbol(),OP_SELL,sLots,Bid,Slippage,ldStop,ldTake,nameEA,magicEA,0,clOpenSell); } void hedgeOpenBuy() { double ldLot, ldStop, ldTake; string lsComm; ldLot = GetSizeLot(); ldStop = GetStopLossBuy(); ldTake = GetTakeProfitBuy(); lsComm = GetCommentForOrder(); //if ((AccountEquity()-AccountBalance()==0) || (AccountEquity()-AccountBalance()>-(MathSqrt(OrderLots())*500))) //lLots = 0.2; //MathRound(AccountBalance()/4000); //else lLots = NormalizeDouble((MathRound((AccountBalance()-500)/1000)/5),1)/10; OrderSend(Symbol(),OP_BUY,lLots,Ask,Slippage,Ask-60*Point,ldTake,nameEA,magicEA,0,clOpenBuy); } void hedgeOpenSell() { double ldLot, ldStop, ldTake; string lsComm; ldLot = GetSizeLot(); ldStop = GetStopLossSell(); ldTake = GetTakeProfitSell(); lsComm = GetCommentForOrder(); // if ((AccountEquity()-AccountBalance()==0) || (AccountEquity()-AccountBalance()>-(MathSqrt(OrderLots())*500))) //sLots = 0.2; //MathRound(AccountBalance()/4000); // else sLots = NormalizeDouble((MathRound((AccountBalance()-500)/1000)/5),1)/10; OrderSend(Symbol(),OP_SELL,sLots,Bid,Slippage,Bid+60*Point,ldTake,nameEA,magicEA,0,clOpenSell); } string GetCommentForOrder() { return(nameEA); } double GetSizeLot() { return(lLots); } double GetTakeProfitBuy() { if (iADX(NULL,0,14,PRICE_MEDIAN,MODE_MAIN,0)<25) return(Ask+lTakeProfit*Point); else return(Ask+pr*Point); } double GetTakeProfitSell() { if (iADX(NULL,0,14,PRICE_MEDIAN,MODE_MAIN,0)<25) return(Bid-sTakeProfit*Point); else return (Bid-pr*Point);} double GetStopLossBuy() { if (stopLoss==0) return(0); else return(Ask - stopLoss*Point);} double GetStopLossSell() { if (stopLoss==0) return(0); else return(Bid + stopLoss*Point);} void calculateIndicators() { // Calculate indicators' value closeCurrentD = iClose(NULL,PERIOD_M1,0); //Close Price Current for D1 TimeFrame closePreviousD = iClose(NULL,PERIOD_M1,1); //Close Price Previous for D1 TimeFrame maLongCurrent = iMA(NULL,PERIOD_M1,55,1,MODE_SMMA,PRICE_TYPICAL,0); //Current Long Term Moving Average maLongPrevious = iMA(NULL,PERIOD_M1,55,1,MODE_SMMA,PRICE_TYPICAL,1); //Previous Long Term Moving Average // Check for BUY, SELL, and CLOSE signal isBuying = false; isSelling = false; isBuyClosing = false; isSellClosing = false; } void CloseBuyPositions(){ for (int i=0; i<OrdersTotal(); i++) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderSymbol()==Symbol() && OrderMagicNumber() == magicEA) { if (OrderType()==OP_BUY) OrderClose(OrderTicket(),lLots,Bid,Slippage); } } } } void CloseSellPositions(){ for (int i=0; i<OrdersTotal(); i++) { if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) { if (OrderSymbol()==Symbol() && OrderMagicNumber() == magicEA) { if (OrderType()==OP_SELL) OrderClose(OrderTicket(),sLots,Ask,Slippage); } } } }
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Indicators Used:
DeMarker indicator
Relative strength index
Movement directional index
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It can change open orders parameters, due to possible stepping strategy
It automatically opens orders when conditions are reached
It Closes Orders by itself
Other Features: