/*-----------------------------+ | | | Shared by www.Aptrafx.com | | | +------------------------------*/ //+------------------------------------------------------------------+ //| KEHedgeGird.mq4 | //| Copyright © 2006, Kickas | //| http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "Copyright © 2006, Kickas." #property link "http://" // extern int MaxLong = 1; extern int MaxShort = 2; extern int Risk = 15; // Over 50 % risk not recommended. extern double Lots=1.0; //changed from 0.1 // If MoneyManagement is off. extern int Slippage=3; // Slippage > 1 recommended. extern bool AccountIsMicro = false; // If you use MicroAccount with minilots. extern bool UseMoneyManagement = true; // MoneyManagement. More profit at the long run, but also more risk due to the equity maybe will fall. extern int TakeProfit = 10; // While hedging, this setting will wait until the profit pass the level before trailstoploss will activate. extern int Stoploss = 30; extern int TrailStopLoss = 7; extern int GridSpace=10; // Trailingstoploss will be active when profit reach TakeProfit. Profit will be reduced by stoploss. Setting like TP=12 and SL=8 will give minimum 12-8=4 pips in profit. //////////////////////////////////////////////////// // Internal variables only, please do not change! // //////////////////////////////////////////////////// bool sell = false; bool buy = false; double lotMM = 0; double sl = 0; int i,MagicNumber,err,ticket; string comment ="KEHedge"; //////////////////////////////////////////////////// int init() { //---- indicators //---- return(0); } int deinit() { //---- double shift=0; double HighPrice=0; double LowPrice=0; double Divisor = 0.1/Point; HighPrice = MathRound(High[Highest(NULL,0,2, Bars - 2, 2)] * Divisor); //SL = High[Highest(MODE_HIGH, SLLookback, SLLookback)]; LowPrice = MathRound(Low[Lowest(NULL,0,1, Bars - 1, 2)] * Divisor); for(shift=LowPrice;shift<=HighPrice;shift++) { ObjectDelete("Grid"+shift); } //---- return(0); } //+------------------------------------------------------------------+ //| Symbol_To_Value - Used by MagicNumber | //+------------------------------------------------------------------+ int Symbol_To_Value(string symbol) { if (symbol=="AUDCAD") { return(10); } else if(symbol=="AUDCHF") { return(11); } else if(symbol=="AUDJPY") { return(12); } else if(symbol=="AUDNZD") { return(13); } else if(symbol=="AUDUSD") { return(14); } else if(symbol=="CADCHF") { return(20); } else if(symbol=="CADJPY") { return(21); } else if(symbol=="CHFJPY") { return(30); } else if(symbol=="EURAUD") { return(40); } else if(symbol=="EURCAD") { return(41); } else if(symbol=="EURCHF") { return(42); } else if(symbol=="EURGBP") { return(43); } else if(symbol=="EURJPY") { return(44); } else if(symbol=="EURUSD") { return(45); } else if(symbol=="GBPAUD") { return(50); } else if(symbol=="GBPCAD") { return(51); } else if(symbol=="GBPCHF") { return(52); } else if(symbol=="GBPJPY") { return(53); } else if(symbol=="GBPUSD") { return(54); } else if(symbol=="NZDCHF") { return(60); } else if(symbol=="NZDJPY") { return(61); } else if(symbol=="NZDUSD") { return(62); } else if(symbol=="USDCAD") { return(70); } else if(symbol=="USDCHF") { return(71); } else if(symbol=="USDJPY") { return(72); } else { Comment("unexpected Symbol"); } } //+------------------------------------------------------------------+ //| LotSize - Detemine the size of the Lot(s) if UseManagement is on.| //+------------------------------------------------------------------+ double LotSize() { if( AccountFreeMargin()/AccountBalance()<(Risk / 100) * 2 ) { Print ("Not enough margin to order"); return(0); } //lotMM = (AccountFreeMargin() * Risk / 1000) / 100; if (AccountIsMicro == true) lotMM = MathFloor(AccountFreeMargin() * Risk/10000) / 100; else lotMM = MathFloor(AccountFreeMargin() * Risk/10000) / 10; Print(lotMM); return (lotMM); } //+------------------------------------------------------------------+ //| CountOrders - Counting the orders if avaliable. | //+------------------------------------------------------------------+ int CountOrders(int MagicNO, int OrderTyp) { int total = OrdersTotal(); int extotal = 0; int cnt; for(cnt = 0 ; cnt < total ; cnt++) { OrderSelect(cnt, SELECT_BY_POS,MODE_TRADES); if (OrderMagicNumber()==MagicNO && OrderType() == OrderTyp || (OrderMagicNumber()==MagicNO && OrderTyp == -1)) extotal++; } return (extotal); } //+------------------------------------------------------------------+ //| Expert start function | //+------------------------------------------------------------------+ int start() { static int LastLong; static int LastShort; MagicNumber = 10000 + Symbol_To_Value(Symbol())*100; if (UseMoneyManagement == true) Lots = LotSize(); buy=false; sell=false; int counted_bars=IndicatorCounted(); double I=0; double HighPrice=0; double LowPrice=0; int GridS=0; int SL=0; //---- double Divisor = 0.1/Point; HighPrice = MathRound(High[Highest(NULL,0,MODE_HIGH, Bars - 2, 2)] * Divisor); //SL = High[Highest(MODE_HIGH, SLLookback, SLLookback)]; LowPrice = MathRound(Low[Lowest(NULL,0,MODE_LOW, Bars - 1, 2)] * Divisor); GridS = GridSpace / 10; for(I=LowPrice;I<=HighPrice;I++) { //Print("mod(I, GridSpace): " + MathMod(I, GridS) + " I= " + I); //Print(LowPrice + " " + HighPrice); if (MathMod(I, GridS) == 0) { if (ObjectFind("Grid"+I) != 0) { ObjectCreate("Grid"+I, OBJ_HLINE, 0, Time[1], I/Divisor); ObjectSet("Grid"+I, OBJPROP_STYLE, STYLE_SOLID); ObjectSet("Grid"+I, OBJPROP_COLOR, MediumSeaGreen); } //MoveObject(I + "Grid", OBJ_HLINE, Time[Bars - 2], I/1000, Time[1], I/1000, MediumSeaGreen, 1, STYLE_SOLID); } } return(0); if (CountOrders(MagicNumber, -1) == 0) // No orders detected, open new buy and sell order - hedging. { RefreshRates(); ticket = OrderSend(Symbol(),OP_BUYSTOP,Lots,GridS,Slippage,GridS-Stoploss*Point,GridS+TakeProfit*Point,comment,MagicNumber,0,Blue); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); } ticket = OrderSend(Symbol(),OP_SELLSTOP,Lots,GridS,Slippage,GridS-Stoploss*Point,GridS+TakeProfit*Point,comment,MagicNumber,0,Red); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); } ticket = OrderSend(Symbol(),OP_BUYLIMIT,Lots,GridS,Slippage,GridS-Stoploss*Point,GridS+TakeProfit*Point,comment,MagicNumber,0,Blue); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); } ticket = OrderSend(Symbol(),OP_SELLLIMIT,Lots,GridS,Slippage,GridS-Stoploss*Point,GridS+TakeProfit*Point,comment,MagicNumber,0,Red); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); } buy=false; sell=false; } else // Order(s) detected. { for (i=0;i<OrdersTotal();i++) { // ************************************ // Trailing stop OrderSelect(i,SELECT_BY_POS); if (OrderMagicNumber() == MagicNumber) { if (OrderType() == OP_BUY) { if (buy == false) { if (OrderProfit() > 0) { if ((Bid - OrderOpenPrice()) > TakeProfit*Point) { if (OrderStopLoss() < (Bid - TrailStopLoss*Point)) { sl = Bid - TrailStopLoss*Point; ticket = OrderModify(OrderTicket(),OrderOpenPrice(),sl,OrderTakeProfit(),0,Pink); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); return(0); } } } } } } if (OrderType() == OP_SELL) { if (sell == false) { if (OrderProfit() > 0) { if ((OrderOpenPrice() - Ask) > TakeProfit*Point) { if (OrderStopLoss() == 0 || (Ask + TrailStopLoss*Point) < OrderStopLoss()) { sl = Ask + TrailStopLoss*Point; ticket = OrderModify(OrderTicket(),OrderOpenPrice(),sl,OrderTakeProfit(),0,Pink); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); return(0); } } } } } } // ********************************** if (CountOrders(MagicNumber, OP_BUY) < LastLong && CountOrders(MagicNumber, OP_SELL) < MaxShort) { // Nyligen stängt köporder, lägg en sälj sell = true; } if (CountOrders(MagicNumber, OP_SELL) < LastShort && CountOrders(MagicNumber, OP_BUY) < MaxLong) { // Nyligen stängt köporder, lägg en sälj buy = true; } if (buy == true) { RefreshRates(); ticket = OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,0,0,comment,MagicNumber,0,Blue); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); return(0); } return(0); } if (sell == true) { RefreshRates(); ticket = OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,0,0,comment,MagicNumber,0,Red); if (ticket < 1) { err = GetLastError(); Print ("Error : ",err); return(0); } return(0); } } } } LastLong = CountOrders(MagicNumber, OP_BUY); LastShort = CountOrders(MagicNumber, OP_SELL); return(0); } //+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains open time of each bar
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It automatically opens orders when conditions are reached
It can change open orders parameters, due to possible stepping strategy
Other Features: