/*-----------------------------+ | | | Shared by www.Aptrafx.com | | | +------------------------------*/ //+------------------------------------------------------------------+ //| SMC Autotrader Momentum.mq4 | //+------------------------------------------------------------------+ //+------------------------------------------------------------------+ //+ Eur / USD extern double TakeProfit = 20; extern double Lots = 1.0; extern double InitialStop = 80; extern double TrailingStop = 40; //##################################################################### iint init() { //---- //---- return(0); } //##################################################################### int start() { int cnt,total,ticket,MinDist,tmp, BarTime, TradesThisSymbol=0,Total=0; double Spread; double ATR; double StopMA; double SetupHigh, SetupLow; //############################################################################ if(Bars<100){ Print("bars less than 100"); return(0); //Exit if not new bar if(BarTime == Time[0]) {return(0);} //new bar, update bartime BarTime = Time[0]; } //######################################################################################### //~~~~~~~~~~~~~~~~Miscellaneous setup stuff~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ATR =iATR(NULL,0,10,0); // BE CAREFUL OF EFFECTING THE AUTO TRAIL STOPS StopMA=iMA(NULL,0,24,0,MODE_SMA,PRICE_CLOSE,0); MinDist=MarketInfo(Symbol(),MODE_STOPLEVEL); Spread=(Ask-Bid); //######################################################################################### double MA1P1,MA1P2,MA2P1,MA2P2; MA1P1= iMA(NULL,0,5,0,MODE_EMA,PRICE_CLOSE,1); MA1P2= iMA(NULL,0,5,0,MODE_EMA,PRICE_CLOSE,2); MA2P1= iMA(NULL,0,8,0,MODE_EMA,PRICE_CLOSE,1); MA2P2= iMA(NULL,0,8,0,MODE_EMA,PRICE_CLOSE,2); int MACDMA1,MACDMA2,MACDMA3; MACDMA1=12; MACDMA2=26; MACDMA3=9; double MACDP1,MACDP2,MACDSP1,MACDSP2; MACDP1 = iMACD(NULL,0,MACDMA1,MACDMA2,MACDMA3,PRICE_CLOSE,MODE_MAIN,1); MACDP2 = iMACD(NULL,0,MACDMA1,MACDMA2,MACDMA3,PRICE_CLOSE,MODE_MAIN,2); MACDSP1 = iMACD(NULL,0,MACDMA1,MACDMA2,MACDMA3,PRICE_CLOSE,MODE_SIGNAL,1); MACDSP2 = iMACD(NULL,0,MACDMA1,MACDMA2,MACDMA3,PRICE_CLOSE,MODE_SIGNAL,2); double RSIvalP1,RSIvalP2; RSIvalP1 = iRSI(NULL,0,12,PRICE_CLOSE,1); RSIvalP2 = iRSI(NULL,0,12,PRICE_CLOSE,2); //######################################################################################## //################## ORDER CLOSURE ################################################### // If Orders are in force then check for closure against Technicals LONG & SHORT //CLOSE LONG Entries total=OrdersTotal(); if(total>0) { for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderType()==OP_BUY && OrderSymbol()==Symbol()) { if(Ask < Bid) { OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close LONG position }} //CLOSE SHORT ENTRIES: OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderType()==OP_SELL && OrderSymbol()==Symbol()) // check for symbol { if(Ask > Bid) { OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close SHORT position }} } // for loop return } // close 1st if //############################################################################## //################## ORDER TRAILING STOP Adjustment ####################### //TRAILING STOP: LONG if(0==0) { total=OrdersTotal(); if(total>0) { for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderType()==OP_BUY && OrderSymbol()==Symbol() && Bid-OrderOpenPrice()> (Point*TrailingStop) && OrderStopLoss()<Bid-(Point*TrailingStop) ) {OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,White); return(0);} }} //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //TRAILING STOP: SHORT total=OrdersTotal(); if(total>0) { for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderType()==OP_SELL && OrderSymbol()==Symbol() && OrderOpenPrice()-Ask > (Point*TrailingStop) && OrderStopLoss() > Ask+(Point*TrailingStop) //Initial stop must be > OpOrdPr ) {OrderModify(OrderTicket(),OrderOpenPrice(),Ask+(Point*TrailingStop),OrderTakeProfit(),0,Yellow); return(0);} }} } // end bracket for on/off switch //########################################################################################## //~~~~~~~~~~~ END OF ORDER Closure routines & Stoploss changes ~~~~~~~~~~~~~~~~~~~~~~~~~~~ //########################################################################################## //~~~~~~~~~~~~START of NEW ORDERS ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //######################### NEW POSITIONS ? ###################################### //Possibly add in timer to stop multiple entries within Period // Check Margin available // ONLY ONE ORDER per SYMBOL // Loop around orders to check symbol doesn't appear more than once // Check for elapsed time from last entry to stop multiple entries on same bar if (0==0) // switch to turn ON/OFF history check { total=HistoryTotal(); if(total>0) { for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_HISTORY); //Needs to be next day not as below if(OrderSymbol()==Symbol()&& CurTime()- OrderCloseTime() < (Period() * 60 ) ) { return(0); }}}} //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ total=OrdersTotal(); TradesThisSymbol=0; for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderSymbol()==Symbol()) { TradesThisSymbol ++; } } if(TradesThisSymbol ==0) { //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ if(AccountFreeMargin()<(1000*Lots)) {Print("We have no money. Free Margin = ", AccountFreeMargin()); return(0);} //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //######################################################################################### //ENTRY RULES: LONG if(MA1P1 > MA2P1 && MA1P2 > MA2P2 && RSIvalP1 > 50 && MACDP1 > MACDSP1 ) { ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Bid-(InitialStop*Point),Ask+(TakeProfit*Point),"MaxMin Long",16384,0,Orange); //Bid-(Point*(MinDist+2)) 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); } //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //ENTRY RULES: SHORT //################################ if(MA2P1 > MA1P1 && MA2P2 > MA1P2 && RSIvalP1 < 50 && MACDP1 < MACDSP1 ) { ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Ask+(Point*InitialStop),Ask-(TakeProfit*Point),"MaxMin Short",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); } //#################################################################################### //############ End of PROGRAM ######################### return(0); }}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Indicators Used:
Indicator of the average true range
Moving average indicator
MACD Histogram
Relative strength index
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It Closes Orders by itself
It can change open orders parameters, due to possible stepping strategy
It automatically opens orders when conditions are reached
Other Features: