#property copyright "Yongbin Yu"
#property link "http://www.forexcafe.cn"
extern double TakeProfit = 50;
extern double Lots = 1;
//extern double TrailingStop = -30;
double TrailingStop = -30;
extern double StopLoss=30;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
int cnt, ticket, total;
bool CloseFlag=false;
//----
if(Bars<100)
{
Print("bars less than 100");
return(0);
}
if(TakeProfit<10)
{
Print("TakeProfit less than 10");
return(0); // check TakeProfit
}
total=OrdersTotal();
if(total<1)
{
int obj_total=ObjectsTotal();
int m;
double temp_price;
if (obj_total>=1)
{
for(m=obj_total-1;m>=0;m--)
{
if (ObjectType(ObjectName(m))==OBJ_HLINE) {
temp_price=ObjectGet(ObjectName(m),OBJPROP_PRICE1);
ObjectDelete((ObjectName(m)));
//buy
if (temp_price>Bid)
{
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,Ask+TakeProfit*Point,"test",16384,0,Green);
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice());
}
else Print("Error opening BUY order : ",GetLastError());
return(0);
}
//sell
else if (temp_price<Bid)
{
ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,Bid-TakeProfit*Point,"EA_MMA",16384,0,Red);
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice());
}
else Print("Error opening SELL order : ",GetLastError());
return(0);
}
}
}
}
}
// it is important to enter the market correctly,
// but it is more important to exit it correctly...
//make a flag
int obj_total2;
obj_total2=ObjectsTotal();
if (obj_total2>=1)
{
for(int m2=obj_total2-1;m2>=0;m2--)
{
if (ObjectType(ObjectName(m2))==OBJ_VLINE) {
CloseFlag=true;
ObjectDelete((ObjectName(m2)));
}
}
}
//end make a flag
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
//if there was a opened order , modify its TakeProfit ny Hline
int obj_total3=ObjectsTotal();
int m3;
double temp_tp;
if (obj_total3>=1)
{
for(m3=obj_total3-1;m3>=0;m3--)
{
if (ObjectType(ObjectName(m3))==OBJ_HLINE) {
temp_tp=ObjectGet(ObjectName(m3),OBJPROP_PRICE1);
ObjectDelete((ObjectName(m3)));
//modify the take profit
if(OrderType()==OP_BUY) {
if (temp_tp>Bid)
{
OrderModify(OrderTicket(),OrderOpenPrice(),OrderStopLoss(),temp_tp,0,Blue);
}
//modify the stopLoss
else if (temp_tp<Bid)
{
OrderModify(OrderTicket(),OrderOpenPrice(),temp_tp,OrderTakeProfit(),0,Red);
}
} else {
if (temp_tp>Bid)
{
OrderModify(OrderTicket(),OrderOpenPrice(),temp_tp,OrderTakeProfit(),0,Red);
}
//modify the stopLoss
else if (temp_tp<Bid)
{
OrderModify(OrderTicket(),OrderOpenPrice(),OrderStopLoss(),temp_tp,0,Blue);
}
}
}
}
}
//modify check end
if(OrderType()<=OP_SELL && // check for opened position
OrderSymbol()==Symbol()) // check for symbol
{
if(OrderType()==OP_BUY) // long position is opened
{
// should it be closed?
if(CloseFlag)
{
OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
return(0); // exit
}
// check for trailing stop
if(TrailingStop>0)
{
if(Bid-OrderOpenPrice()>Point*TrailingStop)
{
if(OrderStopLoss()<Bid-Point*TrailingStop)
{
OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Green);
return(0);
}
}
}
}
else // go to short position
{
// should it be closed?
if(CloseFlag)
{
OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
return(0); // exit
}
// check for trailing stop
if(TrailingStop>0)
{
if((OrderOpenPrice()-Ask)>(Point*TrailingStop))
{
if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0))
{
OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red);
return(0);
}
}
}
}
}
}
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
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
It Closes Orders by itself
Other Features:
