SMC Trader Manual





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

//+------------------------------------------------------------------+
//|                                      SMC Trader Manual           |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
 extern double TakeProfit = 50;
 extern double Lots = 0.1;
 extern double InitialStop = 30;
 extern double TrailingStop = 20;
//#####################################################################
int init()
{
//---- 
ObjectCreate("OpenL", OBJ_TREND, 0, CurTime()-(Period()*60*30), High[10],CurTime(),High[10]);
ObjectSet("OpenL",6,Aqua);
ObjectSet("OpenL",7,STYLE_DOT);
ObjectSet("OpenL",10,0);
ObjectSetText("OpenL","OL");

ObjectCreate("OpenS", OBJ_TREND, 0, CurTime()-(Period()*60*30), Low[10],CurTime(),Low[10]);
ObjectSet("OpenS",6,Red);
ObjectSet("OpenS",7,STYLE_DOT);
ObjectSet("OpenS",10,0);
ObjectSetText("OpenS","OS");

ObjectCreate("CloseL", OBJ_TREND, 0, CurTime()-(Period()*60*30), Close[10],CurTime(),Close[10]);
ObjectSet("CloseL",6,Blue);
ObjectSet("CloseL",7,STYLE_DOT);
ObjectSet("CloseL",10,0);
ObjectSetText("CloseL","CL");

ObjectCreate("CloseS", OBJ_TREND, 0, CurTime()-(Period()*60*30), Open[10],CurTime(),Open[10]);
ObjectSet("CloseS",6,FireBrick);
ObjectSet("CloseS",7,STYLE_DOT);
ObjectSet("CloseS",10,0);
ObjectSetText("CloseS","CS");


Print("Initialising");

//----
   return(0);
  }
//#####################################################################

int start()
  {
   int cnt,total,ticket,MinDist,tmp;
   double Spread;
//############################################################################
  if(Bars<100){
     Print("bars less than 100");
     return(0);  
  }
//#########################################################################################
//~~~~~~~~~~~~~~~~Miscellaneous setup stuff~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
 MinDist=MarketInfo(Symbol(),MODE_STOPLEVEL);
 Spread=(Ask-Bid);
//#########################################################################################
// use an indicator for data values
   double OpenLongVal =ObjectGet("OpenL",3);
   double CloseLongVal =ObjectGet("CloseL",3);
   double OpenShortVal =ObjectGet("OpenS",3);
   double CloseShortVal =ObjectGet("CloseS",3);
//Print(Symbol()," ",OpenLongVal," ",CloseLongVal," ",OpenShortVal," ",CloseShortVal);
//########################################################################################
//##################     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(Close[1] < CloseLongVal)
      {                                 
       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(Close[1] > CloseShortVal)
      {   
       OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close SHORT position
     }}
    }  // for loop return
    }   // close 1st if 
//##############################################################################
//##################     ORDER TRAILING STOP Adjustment  #######################
//TRAILING STOP: LONG
if(0==1)  //This is used to turn the trailing stop on & off
 {
  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) 
     )
     {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 ?  ######################################
if (0==1) // 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();
  if(total>0)
   { 
    for(cnt=0;cnt<total;cnt++)
     {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
       if(OrderSymbol()==Symbol()) return(0);
   }
   }
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
   if(AccountFreeMargin()<(1000*Lots))
   {Print("We have no money. Free Margin = ", AccountFreeMargin());
    return(0);}
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//#########################################################################################
//ENTRY RULES: LONG 
 if(Close[1] > OpenLongVal)
  {
   ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,0,"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(Close[1]< OpenShortVal)
  {
   ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,0,0,"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 the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains close prices for each bar
Series array that contains open prices of each bar


Indicator Curves created:


Indicators Used:



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:

BackTest : USDJPY on H1

From 2009-11-01 to 2009-11-30 Profit Factor:2.08 Total Net Profit:197.64

BackTest : USDCHF on H1

From 2009-12-01 to 2010-01-01 Profit Factor:2.11 Total Net Profit:134.62

BackTest : EURUSD on H1

From 2009-12-01 to 2010-01-17 Profit Factor:2.60 Total Net Profit:342.12

BackTest : USDCAD on H1

From 2009-12-01 to 2010-01-01 Profit Factor:0.08 Total Net Profit:-615.37

BackTest : EURUSD on H1

From 2009-08-01 to 2009-10-01 Profit Factor:1.24 Total Net Profit:92.78

BackTest : GBPUSD on H1

From 2010-01-01 to 2010-02-27 Profit Factor:0.97 Total Net Profit:-28.59

BackTest : USDCAD on H1

From 2009-01-01 to 2010-01-01 Profit Factor:1.75 Total Net Profit:648.41

BackTest : EURUSD on H1

From 2010-03-01 to 2010-03-27 Profit Factor:0.29 Total Net Profit:-380.00

BackTest : GBPUSD on H1

From 2010-01-01 to 2010-04-16 Profit Factor:0.40 Total Net Profit:-883.46

BackTest : EURUSD on H1

From 2010-04-01 to 2010-04-30 Profit Factor:0.50 Total Net Profit:-230.74

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

Request Backtest for SMC Trader Manual


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