SMC Trader TriggerLines V2.1





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

//+------------------------------------------------------------------+
//|                                      SMC Autotrader Momentum.mq4 |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+

 extern double TakeProfit = 50;
 extern double Lots = 0.1;
 extern double InitialStop = 30;
 extern double TrailingStop = 20;
 datetime BarTime;
 
  static string DirTrgS = "None";
  static string DirTrgM= "None";
  static string DirTrgL = "None";

//#####################################################################
int init()
{
//---- 
 BarTime=0;
 
//----
   return(0);
  }
//#####################################################################

int start()
  {
   int cnt,total,ticket,MinDist,tmp;
   double Spread;
   double ATR;
   double StopMA;
   double SetupHigh, SetupLow;
   
//   int LSMA_Period = 25;
//   int Rperiod = 25;
   int length;
   double lsma_length;
   double sum[30];
   double wt[30];
   double lsma_ma[30];
   double lengthvar;
   double tmpTG;
   int shift,i,j;
   double lsma10, lsma25;
//############################################################################
 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]; 
//########################################################################################
       length = 15;          //Hourly set to 15 bars  
       lsma_length = 15;

      for(shift = 30; shift >= 0; shift--)  //  MAIN For Loop
      { 
         sum[1] = 0;                                              
         for(i = length; i >= 1  ; i--)             //LSMA loop
         {
         lengthvar = length + 1;                               //lengthvar = 21  
         lengthvar /= 3;                                       //lengthvar = 7
         tmpTG = 0;
         tmpTG = ( i - lengthvar)*Close[length-i+shift];         //tmp = 20 - 7 * close[20-i+shift]
         sum[1]+=tmpTG;
         }
         wt[shift] = sum[1]*6/(length*(length+1));  
         j = shift;
         lsma_ma[shift] = wt[j+1] + (wt[j]-wt[j+1])* 2/(lsma_length+1);
       }
         DirTrgS = "None";
         if(wt[1] > lsma_ma[1] && wt[2] > lsma_ma[2] ) DirTrgS = "Long";    //wt[2] < lsma_ma[2] && 
         if(wt[1] < lsma_ma[1] && wt[2] < lsma_ma[2] ) DirTrgS = "Short";   // wt[2] > lsma_ma[2] && 

//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
      length = 60;          //4Hourly = 15(hourly) *4
      lsma_length = 60;

      for(shift = 30; shift >= 0; shift--)  //  MAIN For Loop
      { 
         sum[1] = 0;                                              
         for(i = length; i >= 1  ; i--)             //LSMA loop
         {
         lengthvar = length + 1;                               //lengthvar = 21  
         lengthvar /= 3;                                       //lengthvar = 7
         tmpTG = 0;
         tmpTG = ( i - lengthvar)*Close[length-i+shift];         //tmp = 20 - 7 * close[20-i+shift]
         sum[1]+=tmpTG;
         }
         wt[shift] = sum[1]*6/(length*(length+1));  
         j = shift;
         lsma_ma[shift] = wt[j+1] + (wt[j]-wt[j+1])* 2/(lsma_length+1);
       }

         DirTrgM = "None";
         if(wt[1] > lsma_ma[1] && wt[2] > lsma_ma[2]) DirTrgM = "Long";   //2 days needed to confirm trend    //wt[2] < lsma_ma[2] && 
         if(wt[1] < lsma_ma[1] && wt[2] < lsma_ma[2]) DirTrgM = "Short";      //wt[2] > lsma_ma[2] && 

//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
      length = 100;       // = Daily  
      lsma_length = 100;

      for(shift = 30; shift >= 0; shift--)  //  MAIN For Loop
      { 
         sum[1] = 0;                                              
         for(i = length; i >= 1  ; i--)             //LSMA loop
         {
         lengthvar = length + 1;                               //lengthvar = 21  
         lengthvar /= 3;                                       //lengthvar = 7
         tmpTG = 0;
         tmpTG = ( i - lengthvar)*Close[length-i+shift];         //tmp = 20 - 7 * close[20-i+shift]
         sum[1]+=tmpTG;
         }
         wt[shift] = sum[1]*6/(length*(length+1));  
         j = shift;
         lsma_ma[shift] = wt[j+1] + (wt[j]-wt[j+1])* 2/(lsma_length+1);
       }

         DirTrgL = "None";
         if(wt[1] > lsma_ma[1] && wt[2] > lsma_ma[2]) DirTrgL = "Long";   //2 days needed to confirm trend    //wt[2] < lsma_ma[2] && 
         if(wt[1] < lsma_ma[1] && wt[2] < lsma_ma[2]) DirTrgL = "Short";      //wt[2] > lsma_ma[2] && 

//~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
//#########################################################################################
//~~~~~~~~~~~~~~~~Miscellaneous setup stuff~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
 MinDist=MarketInfo(Symbol(),MODE_STOPLEVEL);
 Spread=(Ask-Bid);
// use an indicator for data values
// ATR =iATR(NULL,0,10,0); // BE CAREFUL OF EFFECTING THE AUTO TRAIL STOPS
 double TrendS=iMA(NULL,0,5,0,MODE_SMA,PRICE_CLOSE,0);
 double TrendM=iMA(NULL,0,12,0,MODE_SMA,PRICE_CLOSE,0);

//#########################################################################################
//########################################################################################
//##################     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(DirTrgS == "Short")
      {                                 
       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(DirTrgS == "Long")
      {   
       OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close SHORT position
     }}
    }  // for loop return
    }   // close 1st if 
//################################################################################
//##################  LOCK IN 50 points profit ################################### 
if(0==1)
{
  total=OrdersTotal();
  if(total>0)
   { 
   for(cnt=0;cnt<total;cnt++)
    {
     OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
     if(OrderType()==OP_BUY && OrderSymbol()==Symbol()
         //&& OrderOpen < Close[0]+50points
     
        )
     {
     OrderModify(OrderTicket(),OrderOpenPrice(),0,OrderTakeProfit(),0,White);
     }
     }}
     
   total=OrdersTotal();
  if(total>0)
   { 
   for(cnt=0;cnt<total;cnt++)
    {
     OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
     if(OrderType()==OP_SELL && OrderSymbol()==Symbol())
     {
     OrderModify(OrderTicket(),OrderOpenPrice(),High[1],OrderTakeProfit(),0,White);
     }
     }}  
     
}
//##############################################################################
//##################     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 ?  ######################################
//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==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(DirTrgS == "Long" &&
    DirTrgM == "Long" &&
    DirTrgL == "Long" 
     )
  {Alert(Symbol()," Long");
   ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,0,"Trigger 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(DirTrgS == "Short" &&
    DirTrgM == "Short" &&
    DirTrgL == "Short"
     )
  {Alert(Symbol()," Short");
   ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,0,0,"Trigger 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
Series array that contains close prices for each bar
Series array that contains the highest prices of each bar


Indicator Curves created:


Indicators Used:

Moving average indicator


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:

It issuies visual alerts to the screen