/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| SMC.mq4
//| +
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
extern double Lots = 0.1;
extern int LotsMultiplier=2;
extern int BreakEvenStart=25;
extern int ProtectProfit = 5;
extern int TrailingStop = 25;
extern int TakeProfit = 100;
extern double RiskPercent = 1;
extern bool PositionManagement=false;
extern bool OrderClosure=false;
extern int AllowedPositions=5;
string LastOrder;
string Trend;
datetime BarTime;
//#####################################################################
int init()
{
//----
Trend = "NONE";
LastOrder= " ";
//----
return(0);
}
//#############################################################################
int start()
{
double SL,TP,Spread,MinDist,MaxRisk;
string MaxRiskStr;
bool CloseLongs,CloseShorts;
bool Buy,Sell;
int total,ticket,err,tmp,cnt;
int NumberofPositions;
int BuyLots;
if(Bars<100){Print("bars less than 100"); return(0); }
//################################################################################
//~~~~~~~~~~~~~~~~Miscellaneous setup stuff~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
MinDist=(MarketInfo(Symbol(),MODE_STOPLEVEL)*Point);
Spread=(Ask-Bid);
MaxRisk=(AccountFreeMargin()*RiskPercent/100)*Point;
MaxRiskStr=DoubleToStr(MaxRisk,4);
//#############################################################################
//~~~~~~~~~~~~~~~~~~INDICATOR CALCULATIONS~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
double SMAP1,MMAP1,LMAP1,SMAP2,MMAP2,LMAP2;
SMAP1=iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,1);
SMAP2=iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,2);
MMAP1=iMA(NULL,0,30,0,MODE_EMA,PRICE_CLOSE,1);
MMAP2=iMA(NULL,0,30,0,MODE_EMA,PRICE_CLOSE,2);
double MomP1;
MomP1=iMomentum(NULL,0,21,PRICE_CLOSE,1);
//#############################################################################
tmp=0;
err=0;
tmp = ObjectGet("X"+Time[0],6);
err = GetLastError();
if(err!=0)
{ObjectCreate("X"+Time[0],22,0,Time[0],High[1]);
ObjectSet("X"+Time[0],14,2);
ObjectSetText("X"+Time[0],TimeToStr(Time[0]));
ObjectSet("X"+Time[0],6,Gray);
}
ObjectDelete("X"+Time[3]);
//#############################################################################
Comment("SMC BB RR & Breakout Trend = ", Trend," ", Hour()," ",Minute()," ",Seconds(),
"\n",
"TRADING VALUES",
"\n",
"Spread ", Spread," MinDist ",MinDist," Max Risk ",MaxRiskStr,
"\n",
"Ask/Bid ",Ask," ",Bid,
"\n",
"SYSTEM PARAMETERS",
"\n"
);
//##############################################################################
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//BUY and SELL rules:
Buy = false;
Sell =false;
tmp=0;
tmp=ObjectGet("X"+Time[0],6); //add in tmp=gray check
if(tmp!=Pink)
{
//################################################################################
//~~~~~~~~~~~~BUY~~~~~~~~~~~~~~~~~~~~~~~~
if(SMAP2<MMAP2 && SMAP1>MMAP1&& MomP1>100)
{
Buy=true;
LastOrder = " Buy Breakout";
ObjectSet("X"+Time[0],6,Pink);
SL=LMAP1;
TP=0;
}
//################################################################################
//~~~~~~~~~~~SELL~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if(SMAP2>LMAP2 && SMAP1<LMAP1&&MomP1<100)
{
Sell=true;
LastOrder = " Sell Breakout";
ObjectSet("X"+Time[0],6,Pink);
SL=LMAP1;
TP=0;
}
}//if bar indicator is Pink no new trade this bar
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//##################################################################################
//~~~~~~~~~~~~~~~~ POSITION MANAGEMENT ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//##################################################################################
//~~~ CLOSURE RULES ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
CloseLongs=false;
CloseShorts=false;
if(SMAP1 < MMAP1) CloseLongs=true; OrderClosure=true;
if(SMAP1 > MMAP1) CloseShorts=true; OrderClosure=true;
//turn off MM
//PositionManagement = false;
//OrderClosure=false;
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if(PositionManagement == true)
{
tmp=0;
tmp = ObjectGet("X"+Time[0],6);
if(tmp==Gray)
{
ObjectSet("X"+Time[0],6,Blue);
total=OrdersTotal();
if(total>0)
{
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderType()==OP_BUY && OrderSymbol()==Symbol())
{
//######################################################################
// Long Stop Loss rules
// note if TS is < BreakEvenStart then BES non functional
SL = LMAP1;
// if(Bid > OrderOpenPrice() + (BreakEvenStart*Point)) SL= OrderOpenPrice();
// if(Bid > OrderStopLoss() + (TrailingStop*Point)) SL= Bid-(TrailingStop*Point);
//#######################################################################
if(SL > OrderStopLoss())
{OrderModify(OrderTicket(),OrderOpenPrice(),SL,OrderTakeProfit(),0,Orange);}
}}}
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
total=OrdersTotal();
if(total>0)
{
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderType()==OP_SELL && OrderSymbol()==Symbol())
{
//#################################################################################
// Short Stop Loss rules
SL = LMAP1;
// if(Ask < OrderOpenPrice() - (BreakEvenStart*Point)) SL= OrderOpenPrice();
// if(Ask < OrderStopLoss() - (TrailingStop*Point)) SL= Ask+(TrailingStop*Point);
//####################################################################################
if(SL != 0)
{
if(SL < OrderStopLoss() || OrderStopLoss()==0 )
{OrderModify(OrderTicket(),OrderOpenPrice(),SL,OrderTakeProfit(),0,Orange);}
}}}}
}
}
//##################################################################################
//~~~~~~~~~~~~~~~~ ORDER CLOSURE ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if(OrderClosure == true)
{
tmp=0;
tmp=ObjectGet("X"+Time[0],6);
if(tmp==Gray)
{
//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() && CloseLongs==true)
{
OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet);
}}}
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//CLOSE SHORT ENTRIES:
total=OrdersTotal();
if(total>0)
{
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderType()==OP_SELL && OrderSymbol()==Symbol() && CloseShorts==true)
{
OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet);
}}}
}
}
//##########################################################################################
//~~~~~~~~~~~ END OF ORDER Closure routines & Stoploss changes ~~~~~~~~~~~~~~~~~~~~
//##################################################################################
//~~~~~~~~~~~~START of NEW ORDERS ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if(AccountFreeMargin()<(1000*Lots))
{Print("Insufficient funds available. Free Margin = ", AccountFreeMargin());
return(0);}
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
NumberofPositions = 0;
total=OrdersTotal();
if(total>0)
{
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderSymbol()==Symbol()) NumberofPositions=NumberofPositions+1;
}
//may require extra code to determine exposure on any one pair
if (NumberofPositions >=AllowedPositions) return(0);
}
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//OPEN ORDER: LONG
if(Buy==true)
{Buy=false;
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,SL,TP,LastOrder,070177,0,Orange); //Bid-(Point*(MinDist+2))
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES))
{Print("BUY order opened : ",OrderOpenPrice());
Alert("Buy Order for ",Symbol());
SendMail("Buy Order "+Symbol()+" "+Ask,SL);
}
}
else Print("Error opening BUY order : ",GetLastError());
return(0);
}
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//OPEN ORDER: SHORT
if(Sell==true)
{Sell=false;
ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,SL,TP,LastOrder,070177,0,Red);
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES))
{Print("SELL order opened : ",OrderOpenPrice());
Alert("Sell Order for ",Symbol());
SendMail("Sell Order "+Symbol()+" "+Bid,Bid);
}
}
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
Series array that contains the highest prices of each bar
Indicator Curves created:
Indicators Used:
Moving average indicator
Momentum indicator
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It can change open orders parameters, due to possible stepping strategy
It Closes Orders by itself
It automatically opens orders when conditions are reached
Other Features:
It issuies visual alerts to the screen
It sends emails
