/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| icwr.mq4 |
//| Copyright © 2006, tageiger aka fxid10t@yahoo.com |
//| http://www.metatrader.org |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, tageiger aka fxid10t@yahoo.com"
#property link "http://www.metatrader.org"
extern double MaximumRisk =0.02; //%account balance to risk per position
extern double DecreaseFactor =3; //lot size divisor(reducer) during loss streak
extern double Lot.Margin =50; //Margin for 1 lot
extern int Magic =69;
extern string comment ="m icwr";
double spread; spread =Ask-Bid;
int slip; slip =spread/Point;
double rsi,temp.high,active.high,temp.low,active.low,r,x,SL,awp1,awp2,high.c,high.r,low.r,low.c;
int a.high.shift,a.low.shift,shift,b,s,cnt,b.ticket,s.ticket;
datetime a.high.time,a.low.time,awt1,awt2;
string FiboName;
int init(){return(0);}
int deinit(){ ObjectsDeleteAll(0,OBJ_FIBO); return(0); }
int start(){
PosCounter();
rsi=iRSI(Symbol(),1440,14,PRICE_CLOSE,0);
if(Period()==5) {x=(40*Point); SL=(50*Point); }
if(Period()==240) {x=(150*Point); SL=(100*Point);}
if(a.high.time>0) {a.high.shift=iBarShift(Symbol(),Period(),a.high.time);}
if(a.low.time>0) {a.low.shift=iBarShift(Symbol(),Period(),a.low.time);}
//---
// while(r<x) {
for(int c=1;r<x;c++) {
temp.high=High[Highest(Symbol(),Period(),MODE_HIGH,c,0)];
if(temp.high>active.high) { active.high=temp.high;
a.high.time=iTime(Symbol(),Period(),Highest(Symbol(),Period(),MODE_HIGH,c,0));
a.high.shift=iBarShift(Symbol(),Period(),a.high.time);}
temp.low=Low[Lowest(Symbol(),Period(),MODE_LOW,c,0)];
if(temp.low<active.low ||
active.low<=0) { active.low=temp.low;
a.low.time=iTime(Symbol(),Period(),Lowest(Symbol(),Period(),MODE_LOW,c,0));
a.low.shift=iBarShift(Symbol(),Period(),a.low.time);}
r=(active.high-active.low); }
// c++;}
if(a.high.shift<=1 && Low[a.low.shift+1]<Low[a.low.shift]) {
ObjectDelete(TimeToStr(a.high.time,TIME_DATE|TIME_MINUTES));
active.low=Low[a.low.shift+1];
a.low.time=iTime(Symbol(),Period(),Lowest(Symbol(),Period(),MODE_LOW,a.low.shift+1,0));
a.low.shift=iBarShift(Symbol(),Period(),a.low.time);}
if(a.low.shift<=1 && High[a.high.shift+1]>High[a.high.shift]) {
ObjectDelete(TimeToStr(a.low.time,TIME_DATE|TIME_MINUTES));
active.high=High[a.high.shift+1];
a.high.time=iTime(Symbol(),Period(),Lowest(Symbol(),Period(),MODE_LOW,a.high.shift+1,0));
a.high.shift=iBarShift(Symbol(),Period(),a.high.time);}
//---
if(a.high.shift<=1 && High[0]>High[1]) {
ObjectDelete(TimeToStr(a.high.time,TIME_DATE|TIME_MINUTES));
active.high=High[Highest(Symbol(),Period(),MODE_HIGH,a.low.shift,0)];
a.high.time=iTime(Symbol(),Period(),Highest(Symbol(),5,MODE_HIGH,a.low.shift,0));
a.high.shift=iBarShift(Symbol(),Period(),a.high.time);}
if(a.low.shift<=1 && Low[0]<Low[1]) {
ObjectDelete(TimeToStr(a.low.time,TIME_DATE|TIME_MINUTES));
active.low=Low[Lowest(Symbol(),Period(),MODE_LOW,a.high.shift,0)];
a.low.time=iTime(Symbol(),Period(),Lowest(Symbol(),Period(),MODE_LOW,a.high.shift,0));
a.low.shift=iBarShift(Symbol(),Period(),a.low.time);}
//---
if(a.high.shift<a.low.shift) shift=a.high.shift;
else shift=a.low.shift;
if(shift>0 &&
High[Highest(Symbol(),Period(),MODE_HIGH,shift,0)]-Low[Lowest(Symbol(),Period(),MODE_LOW,shift,0)]>=x) {
active.high=0;a.high.time=0;a.high.shift=0;
active.low=0;a.low.time=0;a.low.shift=0;
temp.high=High[Highest(Symbol(),Period(),MODE_HIGH,shift,0)];
if(temp.high>active.high) { active.high=temp.high;
a.high.time=iTime(Symbol(),Period(),Highest(Symbol(),Period(),MODE_HIGH,shift,0));
a.high.shift=iBarShift(Symbol(),Period(),a.high.time);}
temp.low=Low[Lowest(Symbol(),Period(),MODE_LOW,shift,0)];
if(temp.low<active.low ||
active.low<=0) { active.low=temp.low;
a.low.time=iTime(Symbol(),Period(),Lowest(Symbol(),Period(),MODE_LOW,shift,0));
a.low.shift=iBarShift(Symbol(),Period(),a.low.time);} }
//---
if(a.high.shift<=a.low.shift) {
FiboName=TimeToStr(a.high.time,TIME_DATE|TIME_MINUTES);
ObjectCreate(FiboName,OBJ_FIBO,0,a.low.time,active.low,a.high.time,active.high);
ObjectSet(FiboName, OBJPROP_STYLE, STYLE_DASH);
ObjectSet(FiboName, OBJPROP_COLOR, Green);
ObjectSet(FiboName, OBJPROP_WIDTH, 1);
ObjectSet(FiboName, OBJPROP_FIBOLEVELS, 6);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+0, 0);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+1, 0.25);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+2, 0.382);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+3, 0.618);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+4, 0.75);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+5, 1); }
if(a.low.shift<a.high.shift) {
FiboName=TimeToStr(a.low.time,TIME_DATE|TIME_MINUTES);
ObjectCreate(FiboName,OBJ_FIBO,0,a.high.time,active.high,a.low.time,active.low);
ObjectSet(FiboName, OBJPROP_STYLE, STYLE_DASH);
ObjectSet(FiboName, OBJPROP_COLOR, Green);
ObjectSet(FiboName, OBJPROP_WIDTH, 1);
ObjectSet(FiboName, OBJPROP_FIBOLEVELS, 6);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+0, 0);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+1, 0.25);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+2, 0.382);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+3, 0.618);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+4, 0.75);
ObjectSet(FiboName, OBJPROP_FIRSTLEVEL+5, 1); }
//---
high.c=NormalizeDouble(active.low+((active.high-active.low)*0.75),Digits);
high.r=NormalizeDouble(active.low+((active.high-active.low)*0.618),Digits);
low.r=NormalizeDouble(active.low+((active.high-active.low)*0.382),Digits);
low.c=NormalizeDouble(active.low+((active.high-active.low)*0.25),Digits);
//---
if(rsi>50 && b==0) {
for(int i=0;i<shift;i++) {
if(Close[i]<high.r && Close[i]>low.r && Low[1]>high.c) {
b.ticket=OrderSend(Symbol(),
OP_BUY,
LotsOptimized(),
Ask,
slip,
Ask-SL,
0,
Period()+comment,
Magic,0,0);
if(b.ticket>0) {
if(OrderSelect(b.ticket,SELECT_BY_TICKET,MODE_TRADES))
{ Print(b.ticket); }
else Print("Error Opening BuyStop Order: ",GetLastError());
return(0);}}}}
if(rsi<50 && rsi>0 && s==0) {
for(int ii=0;ii<shift;ii++) {
if(Close[ii]<high.r && Close[ii]>low.r && High[1]<low.c) {
s.ticket=OrderSend(Symbol(),
OP_SELL,
LotsOptimized(),
Bid,
slip,
Bid+SL,
0,
Period()+comment,
Magic,0,0);
if(s.ticket>0) {
if(OrderSelect(s.ticket,SELECT_BY_TICKET,MODE_TRADES))
{ Print(s.ticket); }
else Print("Error Opening SellStop Order: ",GetLastError());
return(0);}}}}
if(b>0) {
if(High[1]<low.c) {
OrderSelect(b.ticket,SELECT_BY_TICKET);
OrderClose(OrderTicket(),OrderLots(),Bid,slip,0);}}
if(s>0) {
if(Low[1]>high.c) {
OrderSelect(s.ticket,SELECT_BY_TICKET);
OrderClose(s.ticket,OrderLots(),Ask,slip,0);}}
//---
comments();
return(0);}
//+---------------------------FUNCTIONS------------------------------+
void comments() {
if(MarketInfo(Symbol(),MODE_SWAPLONG)>0) string swap="longs.";
else swap="shorts.";
if(MarketInfo(Symbol(),MODE_SWAPLONG)<0 && MarketInfo(Symbol(),MODE_SWAPSHORT)<0) swap="your broker. :(";
Comment("Last Tick: ",TimeToStr(CurTime(),TIME_DATE|TIME_SECONDS),"\n",
"Swap favors ",swap,"\n",
"Daily RSI= ",rsi,"\n",
"Active High: ",active.high,"\n",
"High Confirm: ",high.c,"\n",
"High Retrace: ",high.r,"\n",
"Low Retrace: ",low.r,"\n",
"Low Confirm: ",low.c,"\n",
"Active Low: ",active.low,"\n",
"High shift: ",a.high.shift,"\n",
"Low shift: ",a.low.shift,"\n",
"Minimum Wave Height: ",x,"\n","Active Wave Height: ",active.high-active.low,"\n",
"Open Ticket #",b.ticket," ",s.ticket); }
void PosCounter() {
b=0;s=0;b.ticket=0;s.ticket=0;
for(cnt=0;cnt<=OrdersTotal();cnt++) {
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderSymbol()==Symbol() && OrderMagicNumber()==Magic) {
if(OrderType()==OP_SELL) {
s.ticket=OrderTicket();
s++;}
if(OrderType()==OP_BUY) {
b.ticket=OrderTicket();
b++;} }}}
double LotsOptimized() {
double lot;
int orders=HistoryTotal();
int losses=0;
lot=NormalizeDouble(AccountFreeMargin()*MaximumRisk/Lot.Margin,2);
if(DecreaseFactor>0) {
for(int i=orders-1;i>=0;i--) {
if(OrderSelect(i,SELECT_BY_POS,MODE_HISTORY)==false) { Print("Error in history!"); break; }
if(OrderSymbol()!=Symbol() || OrderType()>OP_SELL) continue;
if(OrderProfit()>0) break;
if(OrderProfit()<0) losses++; }
if(losses>1) lot=NormalizeDouble(lot-lot*losses/DecreaseFactor,2); }
if(lot<0.01) lot=0.01;
return(lot); }//end LotsOptimized
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 close prices for each bar
Indicator Curves created:
Indicators Used:
Relative strength index
Custom Indicators Used:
Order Management characteristics:
It Closes Orders by itself
Checks for the total of open orders
Other Features: