/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| macd_adx.mq4 |
//| emsjoflo |
//+------------------------------------------------------------------+
#property copyright "emsjoflo"
//If you make money with this expert, please let me know emsjoflo@yaho.com
// I also accept donations ;)
//It is only a bare-bones expert with no safeties. Let me know if you want me to modify it for your purposes.
//---- input parameters
extern int DMILevels=25;
extern int ADXLevel=15;
extern double lots=0.1;
extern int StopLoss=60 ;
extern int Slippage=4;
//I'm not sure where the best place to define variables is...so I put them here and it works
double macd,macdsig,ADX,PlusDI,MinusDI,ADXpast,PlusDIpast,MinusDIpast,SL;
int i, buys, sells;
datetime lasttradetime;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
//----
//get moving average info
macd=iMACD(NULL,0,12,26,9,PRICE_CLOSE,MODE_MAIN,1);
macdsig=iMACD(NULL,0,12,26,9,PRICE_CLOSE,MODE_SIGNAL,1);
ADX=iADX(NULL,0,14,PRICE_CLOSE,MODE_MAIN,1);
PlusDI=iADX(NULL,0,14,PRICE_CLOSE,MODE_PLUSDI,1);
MinusDI=iADX(NULL,0,14,PRICE_CLOSE,MODE_MINUSDI,1);
ADXpast=iADX(NULL,0,14,PRICE_CLOSE,MODE_MAIN,2);
PlusDIpast=iADX(NULL,0,14,PRICE_CLOSE,MODE_PLUSDI,2);
MinusDIpast=iADX(NULL,0,14,PRICE_CLOSE,MODE_MINUSDI,2);
//check for open orders first
if (OrdersTotal()>0)
{
buys=0;
sells=0;
for (i=0;i<OrdersTotal();i++)
{
OrderSelect(i,SELECT_BY_POS);
if (OrderSymbol()==Symbol())
{
if (OrderType()== OP_BUY)
{
if (macd > 0 && macdsig > 0 && macd < macdsig) OrderClose(OrderTicket(),OrderLots(),Bid,Slippage,Orange);
else buys++;
}
if (OrderType()== OP_SELL)
{
if (macd < 0 && macdsig < 0 && macd > macdsig) OrderClose(OrderTicket(),OrderLots(),Ask,Slippage,Lime);
else sells++;
}
}
}
}
if (ADX > ADXpast && ADX> ADXLevel && PlusDI > MinusDI && PlusDI > PlusDIpast && PlusDI > DMILevels && macd < 0 && macdsig < 0 && macd > macdsig && buys == 0 && (CurTime()-lasttradetime)/60 > Period())
{
//Print("Buy condition");
if (StopLoss >1) SL=Ask-StopLoss*Point;
OrderSend(Symbol(),OP_BUY,lots,Ask,Slippage,SL,0,"macd_adx",123,0,Lime);
lasttradetime=CurTime();
}
if (ADX > ADXpast && ADX> ADXLevel && PlusDI < MinusDI && MinusDI > MinusDIpast && MinusDI > DMILevels && macd > 0 && macdsig > 0 && macd < macdsig && sells ==0 && (CurTime()-lasttradetime)/60 > Period())
{
//Print ("Sell condition");
if (StopLoss>1) SL=Bid+StopLoss*Point;
OrderSend(Symbol(),OP_SELL,lots,Bid,Slippage,SL,0,"macd_adx",123,0,Red);
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
MACD Histogram
Movement directional index
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:
