FX10EA





/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                                       FX10EA.mq4 |
//|                                            Copyright © 2005, hdb |
//|                                       http://www.dubois1.net/hdb |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, hdb" // adapted from Fx10Setup by palanka
#property link      "http://www.dubois1.net/hdb"
//#property version      "1.1"
// DISCLAIMER ***** IMPORTANT NOTE ***** READ BEFORE USING ***** 
// This expert advisor can open and close real positions and hence do real trades and lose real money.
// This is not a 'trading system' but a simple robot that places trades according to fixed rules.
// The author has no pretentions as to the profitability of this system and does not suggest the use
// of this EA other than for testing purposes in demo accounts.
// Use of this system is free - but u may not resell it - and is without any garantee as to its
// suitability for any purpose.
// By using this program you implicitly acknowledge that you understand what it does and agree that 
// the author bears no responsibility for any losses.
// Before using, please also check with your broker that his systems are adapted for the frequest trades
// associated with this expert.

//---- input parameters
extern int       ParamMult=2;
extern int       shift=0;
extern int       fastMAPeriod=5;
extern int       slowMAPeriod=10;
extern int       stochP1=5;
extern int       stochP2=3;
extern int       stochP3=3;
extern int       MACDP1=12;
extern int       MACDP2=26;
extern int       MACDP3=9;
extern int       RSIP1=14;
extern int       RSICutoffL=50;
extern int       RSICutoffS=50;
extern int       StopLoss=20;
extern int       TakeProfit=50;
extern double    Lots=0.1;
extern string    Name="FX10";
extern int       MagicNumber=1010;
extern int       TimeOffsetToEST=6;    // +6 means 6 hours ahead. this will be subtracted from local time to get EST

//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//---- 
 #property show_inputs                  // shows the parameters - thanks Slawa...    
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//---- do we have an open order ? 
  bool haveOpen = false;
  int myOrderType = 0;
  int myOrderPos = 0;
  for(int j=0;j<OrdersTotal();j++)                                // scan all orders and positions...
   {
     OrderSelect(j, SELECT_BY_POS);
     if ( OrderSymbol()==Symbol() && ( (OrderMagicNumber() == MagicNumber) || (OrderComment() == Name)) )  // only look if mygrid and symbol...
      {  
         haveOpen    = true;
         myOrderType = OrderType();
         myOrderPos  = j;
      }
   } 

   double fastMA = iMA(NULL, 0, fastMAPeriod * ParamMult, 0, MODE_LWMA, PRICE_CLOSE, shift);
   double slowMA = iMA(NULL, 0, slowMAPeriod * ParamMult, 0, MODE_SMA, PRICE_CLOSE, shift);
   bool   RsiUp  = (iRSI(NULL, 0, RSIP1 * ParamMult, PRICE_CLOSE, shift) > RSICutoffL);
         //and iRSI(p1, 1) > iRSI(p1, 2)
   bool   RsiDown= (iRSI(NULL, 0, RSIP1 * ParamMult, PRICE_CLOSE, shift) < RSICutoffS);
				   //and iRSI(p1, 2) > iRSI(p1, 1)

   double Stoch0 = iStochastic(NULL, 0, stochP1*ParamMult, stochP2*ParamMult, stochP3*ParamMult, MODE_SMA, PRICE_CLOSE, MODE_MAIN, shift);
   double Stoch1 = iStochastic(NULL, 0, stochP1*ParamMult, stochP2*ParamMult, stochP3*ParamMult, MODE_SMA, PRICE_CLOSE, MODE_MAIN, shift + 1);
   double StochSig0 = iStochastic(NULL, 0, stochP1*ParamMult, stochP2*ParamMult, stochP3*ParamMult, MODE_SMA, PRICE_CLOSE, MODE_SIGNAL, shift);

   bool StochUp = (Stoch0 > Stoch1);
//   bool StochUp = (Stoch0 > StochSig0);
    	            //and Stoch0 > Stoch1
    	            //and Stoch0 >= StochHigh

   bool StochDown = (Stoch0 < Stoch1);
//   bool StochDown = (Stoch0 < StochSig0);
    	          //and Stoch0 < Stoch1
     	          //and Stoch0 <= StochLow

   double MacdCurrent = iMACD(NULL, 0, MACDP1*ParamMult, MACDP2*ParamMult, MACDP3*ParamMult, PRICE_CLOSE, MODE_MAIN, shift);
   double MacdPrevious = iMACD(NULL, 0, MACDP1*ParamMult, MACDP2*ParamMult, MACDP3*ParamMult, PRICE_CLOSE, MODE_MAIN, shift + 1);
   double MacdSig0 = iMACD(NULL, 0, MACDP1*ParamMult, MACDP2*ParamMult, MACDP3*ParamMult, PRICE_CLOSE, MODE_SIGNAL, shift);

   bool MacdUp = (MacdCurrent > 0);
//   bool MacdUp = (MacdCurrent > MacdSig0);
	             //and  MacdCurrent > MacdPrevious
	             //and MacdCurrent > 50

   bool MacdDown = (MacdCurrent < 0);
//   bool MacdDown = (MacdCurrent < MacdSig0);
	             //and  MacdCurrent < MacdPrevious
	             //and MacdCurrent < 50

   bool goLong = false;
   if ( fastMA > slowMA && StochUp && RsiUp && MacdUp ) goLong = true;

   bool goShort = false;
   if ( fastMA < slowMA && StochDown && RsiDown && MacdDown ) goShort = true;

  if ( haveOpen == true ) 
   {
     if ( goLong == true && myOrderType == OP_SELL )
       {
         OrderSelect(myOrderPos, SELECT_BY_POS);
         int result = OrderClose( OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Red );         
       }

     if ( goLong == false && myOrderType == OP_BUY )
       {
         OrderSelect(myOrderPos, SELECT_BY_POS);
         result = OrderClose( OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Red );         
       }
   }   
 
// Print(Hour()," ",Minute());
  bool rightHours=false;
//  int currentHour = MathMod(Hour()+24-TimeOffsetToEST,24) ; // this does not work in backtesting
  int currentHour = MathMod(TimeHour(iTime(NULL,PERIOD_H1,0))+24-TimeOffsetToEST,24) ; // 
  if (( currentHour >= 8 && currentHour < 24 ) || ( currentHour >= 2 && currentHour < 4 )) rightHours = true;
  
  if ( haveOpen == false && rightHours ) 
   {
     if ( goLong )
        {
           int ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,0,Ask-StopLoss*Point,Ask+TakeProfit*Point,Name,MagicNumber,0,Green); 
        }
     if ( goShort )
        {
           ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,0,Bid+StopLoss*Point,Bid-TakeProfit*Point,Name,MagicNumber,0,Red); 
        }
   }
 
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:



Indicator Curves created:


Indicators Used:

Moving average indicator
Relative strength index
Stochastic oscillator
MACD Histogram


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:

BackTest : EURUSD on H1

From 2009-08-01 to 2009-10-01 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2009-12-01 to 2010-01-17 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2010-04-01 to 2010-04-30 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2010-05-01 to 2010-05-31 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2010-06-01 to 2010-06-30 Profit Factor:0.00 Total Net Profit:0.00

BackTest : GBPUSD on H1

From 2010-01-01 to 2010-02-27 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDCAD on H1

From 2009-12-01 to 2010-01-01 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDCHF on H1

From 2009-12-01 to 2010-01-01 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDJPY on H1

From 2009-11-01 to 2009-11-30 Profit Factor:0.00 Total Net Profit:0.00

Request Backtest for FX10EA


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