Desynced Forex

//+------------------------------------------------------------------+
//|                                                  iFxOverEasy.mq4 |
//|                                  Copyright © 2005, Shahin Monsef |
//|                                         shahinmonsef@hotmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Shahin Monsef/Shimodax"
#property link      "shahinonsef@hotmail.com"

/*
History:

Version 1.0 
- intial expert coded by Shahin Monsef

Version 1.1 / Aug 27, 2005: mods by Shimodax
- option for min channel width
- now checks laguerre for level crossing 
- option to use or ignore asctrend from decision
- added trail stop trigger (profit from which trailstop gets activated) 

Version 1.2 / Aug 28, 2005: mods by Shimodax
- handle laguerre signal correctly (stays valid for x (Input) minutes)
- don't reenter trades on the same bar

*/

#define LONGCOLOR DodgerBlue
#define SHORTCOLOR OrangeRed

extern bool UseAscTrend= 0;

extern int StopLoss=15,
           TrailingStopTrigger= 15,
           TrailingStop= 10,
           MinChannelWidth= 40,
           TakeProfit= 150,
           PauseToReEntryMinutes= 15,
           LaguerreValidityMinutes= 45;

extern bool DebugTrace= 1;
            
            
int LastSignalTime,
    LaguerreSignal, 
    LaguerreSignaltime;

int   init(){return(0);}
int deinit(){return(0);}

int start()
{
   double UL,DL;
   int res= 0;
   
   if(Bars<20) return(0);
   
   int currenttrades=0;
   for( int x=0;x<OrdersTotal();x++){
      OrderSelect(x, SELECT_BY_POS, MODE_TRADES);
      if(OrderSymbol()==Symbol()){
         currenttrades++;
   }
   }
        
    if (currenttrades == 0) {

     if(AccountFreeMargin()<1000) 
         return;
     
     iCustom(NULL,0,"SHI_Channel",0,0);
     double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2);
     double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1);
     double TL1  =ObjectGet("TL1" ,OBJPROP_PRICE2);
     double TL2  =ObjectGet("TL2" ,OBJPROP_PRICE2);
     if( TL1>TL2){ UL=TL1; DL=TL2; }else{ UL=TL2; DL=TL1; }
     
     double i_Trend1 =iCustom(NULL,0,"i_Trend" ,0,0);
     double i_Trend2 =iCustom(NULL,0,"i_Trend" ,1,0);
     double Juice1   =iCustom(NULL,0,"Juice"   ,0,0);
     
     double PAsctrnd1= 0, 
           PAsctrnd2= 0;
                 
     if (UseAscTrend) {
       PAsctrnd1= iCustom(NULL,0,"PerkyAsctrend1",0,0);
       PAsctrnd2= iCustom(NULL,0,"PerkyAsctrend1",1,0);
     }
     else {
       PAsctrnd1= 1;     // not taken into account (make it irrelevant, i.e. set always true)
       PAsctrnd2= 1;
     }

     // must be checked after AscTrend(!)
     double Laguerre1= iCustom(NULL,0,"Laguerre",0,0);
     double Laguerre2= iCustom(NULL,0,"Laguerre",0,1);

     if (Laguerre2<0.15 && Laguerre1>=0.15) {
         LaguerreSignal= 1;   // LONG
         LaguerreSignaltime= Time[0];
     }
     else
     if (Laguerre2>0.75 && Laguerre1<=0.75) {
         LaguerreSignal= -1;  // SHORT
         LaguerreSignaltime= Time[0];
     }
     
     if (LaguerreSignal!=0 && (Time[0]-LaguerreSignaltime)>LaguerreValidityMinutes*60) {
         LaguerreSignal= 0;   // expire laguerre crossing signal after n mintues
     }
   
     res= 0;
     
     if(Juice1>0.0 && UL-DL>MinChannelWidth*Point && (Time[0]-LastSignalTime)>PauseToReEntryMinutes*60) {

         if(MIDL2>MIDL1 && Ask<UL && Ask>DL && i_Trend1>i_Trend2 && LaguerreSignal==1 && PAsctrnd1>0.0){
    
           res= OrderSend(Symbol(),OP_BUY ,1,Ask,5, Ask-StopLoss*Point, Ask+TakeProfit*Point, "",0,0,LONGCOLOR);
         }
         if(MIDL2<MIDL1 && Bid<UL && Bid>DL && i_Trend1<i_Trend2 && LaguerreSignal==-1 && PAsctrnd2>0.0){

           res= OrderSend(Symbol(),OP_SELL,1,Bid,5,Bid+StopLoss*Point,Bid-TakeProfit*Point,"",0,0,SHORTCOLOR);
         }
         
         if (res!=0) {
           LastSignalTime= Time[0];
           Print("**** TRADE ****");
         }
     }
     
     if (res!=0 || DebugTrace) {
        Print(Symbol()," ",  Bid, "/", Ask, " --  Laguerre2/1/sig= ",Laguerre2, "/",Laguerre1, "/", LaguerreSignal, ", Juice= ",Juice1); 
        Print("                   SHI= ", MIDL2-MIDL1, ", ITrend= ", i_Trend1,"/",i_Trend2, ", AscTrend= ", PAsctrnd1, "/", PAsctrnd2);
     }
   }
   else{
      for( int i=0; i<OrdersTotal();i++){	
      
        if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES)==false) break;
        if (OrderSymbol()!=Symbol()) continue;
        
        double trailstop= TrailingStop*Point,
               trailstoptrigger= TrailingStopTrigger*Point,
               unrealisedprofit;
        
        switch (OrderType()){
          case OP_BUY:
            unrealisedprofit= Bid-OrderOpenPrice();
            if (TrailingStop && unrealisedprofit>trailstoptrigger && (!OrderStopLoss() || OrderStopLoss()<Bid-trailstop))
            
              OrderModify(OrderTicket(),0,Bid-trailstop,OrderTakeProfit(),0,LONGCOLOR);
          break;
          case OP_SELL:
            unrealisedprofit= OrderOpenPrice()-Ask;
            if (TrailingStop && unrealisedprofit>trailstoptrigger && (!OrderStopLoss() || OrderStopLoss()>Ask+trailstop))
              OrderModify(OrderTicket(),0,Ask+trailstop,OrderTakeProfit(),0,SHORTCOLOR);
          break;
        }
      }
   }
}

Sample

Analysis

Market Information Used:

Series array that contains open time of each bar


Indicator Curves created:


Indicators Used:




Custom Indicators Used:
Juice
Laguerre
i_Trend
SHI_Channel
PerkyAsctrend1

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:

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