MultiPairWPRtrails_v2





/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+-----------------------------------------+
//|GH.mq4   WPR for Multi Pair              |
//|Copyright © 2005, Gary Hensley           |
//+-----------------------------------------+
//
//		Modifications                                                         
//		-------------                                                       
//		DATE       	MOD #    	DESCRIPTION                		        
//		---------- 	-------- 	---------------------------------------------------------------
//		01 Jul 2005 1   		   GaryH: Converted Original M3 version of MultiPairWPR script.
//    18 Oct 2006 2           RobertH Added Trailing Stop function with type 1 and type 2
//                             type 2 should work the same as the original code

#property copyright "WPR for Multi Pair, Copyright © 2005, Gary Hensley"
//#property link      "http://www.metaquotes.net/"
#include <stdlib.mqh>
#include <stderror.mqh> 

#define MAGICMA  20050610

//---- input parameters
extern int     UsePct=0;
extern double  Lots = 1;
extern int     MaxLots=100;
extern int     StopLoss = 75;
extern bool    UseTrailingStop = true;
extern int     TrailingStopType = 2;        // Type 1 moves stop immediately, Type 2 waits til value of TS is reached
extern double  TrailingStop=20;
extern double  TakeProfit=100;
extern int     Slippage=3;
//---- global variables
int bsi=0;
int dir=0;
int vTrig=0;
int openorders=0;
string pair;
double vSL=0,vTP=0;
int dummy=0;
int totalTries = 5; 
int retryDelay = 1000;
//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
   pair = Symbol();
   return(0);
  } 

//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
   return(0);
  }
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+
//| Calculate open positions                                         |
//+------------------------------------------------------------------+
int GetCurrentOrders()
  {
  //---- calc open OrderSelect
   int NumOrders=0;
   dir=0;
   for(int i=0;i<OrdersTotal();i++)
   {
//      if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES)==false) break;
       OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
      if( OrderSymbol()!=Symbol()) continue;
      if (OrderMagicNumber()!=MAGICMA) continue;
       NumOrders++;
       if(OrderType()==OP_BUY) dir=1;
       if(OrderType()==OP_SELL) dir=-1;
   }
   return (NumOrders);
}

//+------------------------------------------------------------------+
//| Calculate Lot Sizes                                              |
//+------------------------------------------------------------------+
int LotCalc(double Risk)
  {
   int vLots=0;
   if (UsePct >0 && Risk>0) vLots=MathFloor(AccountBalance()*(UsePct/100)/((Risk/MarketInfo (Symbol(), MODE_POINT))*10));
   if (UsePct >0 && Risk==0)  vLots = MathFloor(AccountBalance()*(UsePct/100)/1000);
   if (vLots>MaxLots) vLots=MaxLots;
   if (vLots<1) vLots=1;
   vLots=0.1;
   return(vLots);
}

//+------------------------------------------------------------------+
//| Close Open Position                                              |
//+------------------------------------------------------------------+
int CloseTrade()
{ 
  for(int i=0;i<OrdersTotal();i++)
  {
      OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
      if(OrderMagicNumber()!=MAGICMA ) continue;
      if(OrderSymbol()!=Symbol()) continue;
      if(OrderType()==OP_BUY) OrderClose(OrderTicket(),OrderLots(),Bid,Slippage,White);
      if(OrderType()==OP_SELL) OrderClose(OrderTicket(),OrderLots(),Ask,Slippage,White);
  }
}

//+------------------------------------------------------------------+
//| Open Trade Position                                              |
//+------------------------------------------------------------------+
int OpenTrade()
  {
	double TP, SL;
	double myBid, myAsk;
		
  // int vLots=LotCalc(0);
      double vLots=Lots;

   if (bsi>0)
   {
		myAsk = MarketInfo(Symbol(),MODE_ASK);
		TP = 0;
		if (TakeProfit > 0) TP = myAsk + TakeProfit * Point;
		SL = 0;
		if (StopLoss > 0) SL = myAsk - StopLoss * Point;
      OrderSend(Symbol(),OP_BUY,vLots,myAsk,Slippage,SL,TP,"",MAGICMA,0,Blue);
    }
   if (bsi<0)
   {
   	myBid = MarketInfo(Symbol(),MODE_BID);
		TP = 0;
		if (TakeProfit > 0) TP = myBid - TakeProfit * Point;
		SL = 0;
		if (StopLoss > 0) SL = myBid + StopLoss * Point;
      OrderSend(Symbol(),OP_SELL,vLots,myBid,Slippage,SL,TP,"",MAGICMA,0,Red);
 }
}

//+------------------------------------------------------------------+
//| Buy/Sell Indicator                                               |
//+------------------------------------------------------------------+
int CalcBSI()
  {
  //---- calc current indicators
  int GU_Trig=1,EU_Trig=1,UC_Trig=1,UJ_Trig=1;
  if (iWPR("GBPUSD",0,14,0)<-50) GU_Trig=-1;
  if (iWPR("EURUSD",0,14,0)<-50) EU_Trig=-1;
  if (iWPR("USDCHF",0,14,0)<-50) UC_Trig=-1;
  if (iWPR("USDJPY",0,14,0)<-50) UJ_Trig=-1;
  vTrig=GU_Trig+EU_Trig-UC_Trig-UJ_Trig;

  bsi=0;
  if (vTrig>2) bsi=1;
  if (vTrig<-2) bsi=-1;
  if (pair>"USD") bsi=bsi*(-1);

}

//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
 // if (Hour()<7) return(0);
  openorders = GetCurrentOrders();
  CalcBSI();
  Comment("Dir: ",dir,"\nBSI: ",bsi,"\nTrig: ",vTrig);
  if (openorders > 0)   HandleOpenTrades();

  openorders = GetCurrentOrders();
  //---- exit trades
  if (openorders > 0) return(0);
  
  //---- open trades
  
   if (bsi!=0) OpenTrade();
}

//+------------------------------------------------------------------+
//| Modify Open Position Controls                                    |
//|  Try to modify position 3 times                                  |
//+------------------------------------------------------------------+
bool ModifyOrder(int nOrderType, int ord_ticket,double op, double price,double tp, color mColor = CLR_NONE)
{
    int cnt, err;
    double myStop;
    
    myStop = ValidStopLoss (nOrderType, price);
    cnt=0;
    while (cnt < totalTries)
    {
       if (OrderModify(ord_ticket,op,myStop,tp,0,mColor))
       {
         return(true);
       }
       else
       {
          err=GetLastError();
          if (err > 1) Print(cnt," Error modifying order : (", ord_ticket , ") " + ErrorDescription(err), " err ",err);
          if (err>0) cnt++;
          Sleep(retryDelay);
       }
    }
    return(false);
}

// 	Adjust stop loss so that it is legal.
double ValidStopLoss(int cmd, double sl)
{
   
   if (sl == 0) return(0.0);
   
   double mySL, myPrice;
   double dblMinStopDistance = MarketInfo(Symbol(),MODE_STOPLEVEL)*MarketInfo(Symbol(), MODE_POINT);
   
   mySL = sl;
   
// Check if SlopLoss needs to be modified

   switch(cmd)
   {
   case OP_BUY:
      myPrice = MarketInfo(Symbol(), MODE_BID);
	   if (myPrice - sl < dblMinStopDistance) 
		mySL = myPrice - dblMinStopDistance;	// we are long
		break;
      
   case OP_SELL:
      myPrice = MarketInfo(Symbol(), MODE_ASK);
	   if (sl - myPrice < dblMinStopDistance) 
		mySL = myPrice + dblMinStopDistance;	// we are long

   }
   return(NormalizeDouble(mySL,MarketInfo(Symbol(), MODE_DIGITS)));
}


//+------------------------------------------------------------------+
//| HandleTrailingStop                                               |
//| Type 1 moves the stoploss without delay.                         |
//| Type 2 waits for price to move the amount of the trailStop       |
//| before moving stop loss then moves like type 1                   |
//| Type 3 uses up to 3 levels for trailing stop                     |
//|      Level 1 Move stop to 1st level                              |
//|      Level 2 Move stop to 2nd level                              |
//|      Level 3 Trail like type 1 by fixed amount other than 1      |
//| Possible future types                                            |
//| Type 4 uses 2 for 1, every 2 pip move moves stop 1 pip           |
//| Type 5 uses 3 for 1, every 3 pip move moves stop 1 pip           |
//+------------------------------------------------------------------+
int HandleTrailingStop(int type, int ticket, double op, double os, double tp)
{
    double pt, TS=0, myAsk, myBid;
    double bos,bop,opa,osa;
    
    switch(type)
    {
       case OP_BUY:
       {
		 myBid = MarketInfo(Symbol(),MODE_BID);
       switch(TrailingStopType)
       {
        case 1: pt = Point*StopLoss;
                if(myBid-os > pt)
                 ModifyOrder(type, ticket,op,myBid-pt,tp, Aqua);
                break;
        case 2: pt = Point*TrailingStop;
                if(myBid-op > pt && os < myBid - pt)
                 ModifyOrder(type, ticket,op,myBid-pt,tp, Aqua);
                break;
       }
       return(0);
       break;
       }
       case  OP_SELL:
       {
		    myAsk = MarketInfo(Symbol(),MODE_ASK);
          switch(TrailingStopType)
          {
           case 1: pt = Point*StopLoss;
                   if(os - myAsk > pt) ModifyOrder(type, ticket,op,myAsk+pt,tp, Aqua);
                   break;
           case 2: pt = Point*TrailingStop;
                   if(op - myAsk > pt && os > myAsk+pt) ModifyOrder(type, ticket,op,myAsk+pt,tp, Aqua);
                   break;
          }
       }
       return(0);
    }
}


void HandleOpenTrades()
  {
   for (int i = 0; i < OrdersTotal(); i++)
   {
      OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
 
      if(OrderMagicNumber()!=MAGICMA ) continue;
      if (OrderSymbol() != Symbol()) continue;
      
       if (OrderType() == OP_BUY )
       {
          if (bsi<0)
          {      
             OrderClose(OrderTicket(), OrderLots(), Bid, Slippage, White);
             return(0);
          }
          else
          {
            if (UseTrailingStop)
            {
               HandleTrailingStop(OP_BUY,OrderTicket(),OrderOpenPrice(),OrderStopLoss(),OrderTakeProfit());
            }
          }
        }
        if (OrderType() == OP_SELL )
        {
          if (bsi>0)
          {
            OrderClose(OrderTicket(), OrderLots(), Ask, Slippage, White);
            return(0);
          }
          else
          {
            if (UseTrailingStop)
             {                
               HandleTrailingStop(OP_SELL,OrderTicket(),OrderOpenPrice(),OrderStopLoss(),OrderTakeProfit());
             }
          }
          
        }    
   }
}



Sample





Analysis



Market Information Used:



Indicator Curves created:


Indicators Used:

Larry William percent range indicator


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
It can change open orders parameters, due to possible stepping strategy

Other Features:

BackTest : EURUSD on H1

From 2009-12-01 to 2010-01-17 Profit Factor:0.77 Total Net Profit:-9763.80

BackTest : EURUSD on H1

From 2010-04-01 to 2010-04-30 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2010-05-01 to 2010-05-31 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2010-06-01 to 2010-06-30 Profit Factor:0.00 Total Net Profit:0.00

BackTest : GBPUSD on H1

From 2010-01-01 to 2010-02-27 Profit Factor:0.68 Total Net Profit:-9729.60

BackTest : USDCAD on H1

From 2009-12-01 to 2010-01-01 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDJPY on H1

From 2009-11-01 to 2009-11-30 Profit Factor:0.71 Total Net Profit:-6110.93

Request Backtest for MultiPairWPRtrails_v2


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