/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| MakeGrid.mq4 |
//| Copyright © 2005, hdb |
//| http://www.dubois1.net/hdb |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, hdb"
#property link "http://www.dubois1.net/hdb"
//#property version "1.2beta"
extern string GridName = "Grid"; // identifies the grid. allows for several co-existing grids
extern double Lots = 0.1; //
extern double GridSize = 6; // pips between orders - grid or mesh size
extern double GridSteps = 10; // total number of orders to place
extern double TakeProfit = 6 ; // number of ticks to take profit. normally is = grid size but u can override
extern double StopLoss = 10; // if u want to add a stop loss. normal grids dont use stop losses
extern double UpdateInterval = 15; // update orders every x minutes
extern bool wantLongs = true; // do we want long positions
extern bool wantShorts = true; // do we want short positions
extern bool wantBreakout = true; // do we want longs above price, shorts below price
extern bool wantCounter = false; // do we want longs below price, shorts above price
extern bool limitEMA34 = false; // do we want longs above ema only, shorts below ema only
extern double LastUpdate = 0; // counter used to note time of last update
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
#property show_inputs // shows the parameters - thanks Slawa...
if ( TakeProfit <= 0 ) //
{ TakeProfit = GridSize; }
//----
return(0);
}
//+------------------------------------------------------------------------+
//| tests if there is an open position or order in the region of atRate |
//| will check for longs if checkLongs is true, else will check |
//| for shorts |
//+------------------------------------------------------------------------+
bool IsPosition(double atRate, double inRange, bool checkLongs )
{
int totalorders = OrdersTotal();
for(int j=0;j<totalorders;j++) // scan all orders and positions...
{
OrderSelect(j, SELECT_BY_POS);
if ( OrderSymbol()==Symbol() && OrderComment() == GridName ) // only look if mygrid and symbol...
{ int type = OrderType();
if (MathAbs( OrderOpenPrice() - atRate) < inRange) // dont look for exact price but price proximity (less than gridsize)
{ if ( ( checkLongs && ( type == OP_BUY || type == OP_BUYLIMIT || type == OP_BUYSTOP ) ) || (!checkLongs && ( type == OP_SELL || type == OP_SELLLIMIT || type == OP_SELLSTOP ) ) )
{ return(true); }
}
}
}
return(false);
}
//+------------------------------------------------------------------+
//| script program start function |
//+------------------------------------------------------------------+
int start()
{
//----
int i, j,k, ticket, entermode, totalorders;
bool doit;
double point, startrate, traderate;
//----
if (MathAbs(CurTime()-LastUpdate)> UpdateInterval*60) // we update the first time it is called and every UpdateInterval minutes
{
LastUpdate = CurTime();
Print("Updating");
point = MarketInfo(Symbol(),MODE_POINT);
startrate = ( Ask + point*GridSize/2 ) / point / GridSize; // round to a number of ticks divisible by GridSize
k = startrate ;
k = k * GridSize ;
startrate = k * point - GridSize*GridSteps/2*point ; // calculate the lowest entry point
double EMA34=iMA(NULL,0,34,0,MODE_EMA,PRICE_CLOSE,0);
for( i=0;i<GridSteps;i++)
{
traderate = startrate + i*point*GridSize;
if ( wantLongs && (!limitEMA34 || traderate > EMA34))
{
if (!IsPosition(traderate,point*GridSize,true) ) // test if i have no open orders close to my price: if so, put one on
{
double myStopLoss = 0;
if ( StopLoss > 0 )
{ myStopLoss = traderate-point*StopLoss ; }
if ( traderate > Ask )
{ entermode = OP_BUYSTOP; }
else
{ entermode = OP_BUYLIMIT ; }
if ( (traderate > Ask ) && (wantBreakout) || ((traderate < Ask ) && (wantCounter)) )
{ ticket=OrderSend(Symbol(),entermode,Lots,traderate,0,myStopLoss,traderate+point*TakeProfit,GridName,16384,0,Green); }
}
}
if ( wantShorts && (!limitEMA34 || traderate < EMA34))
{
if (!IsPosition(traderate,point*GridSize,false) ) // test if i have no open orders close to my price: if so, put one on
{
myStopLoss = 0;
if ( StopLoss > 0 )
{ myStopLoss = traderate+point*StopLoss ; }
if ( traderate > Bid )
{ entermode = OP_SELLLIMIT; }
else
{ entermode = OP_SELLSTOP ; }
if ( (traderate < Bid ) && (wantBreakout) || ((traderate > Bid ) && (wantCounter)) )
{ ticket=OrderSend(Symbol(),entermode,Lots,traderate,0,myStopLoss,traderate-point*TakeProfit,GridName,16384,0,Red); }
}
}
}
}
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
Other Features:
