/*-----------------------------+ | | | Shared by www.Aptrafx.com | | | +------------------------------*/ //+------------------------------------------------------------------+ //| SMC.mq4 //| + //+------------------------------------------------------------------+ //+------------------------------------------------------------------+ extern double Lots = 0.1; extern int LotsMultiplier=2; extern int SMALength=21; extern int MMALength=34; extern int LMALength=55; extern int ProtectProfit = 5; extern int TrailingStop = 5; extern int TakeProfit = 25; extern double RiskPercent = 1; string LastOrder; string Trend; datetime BarTime; //##################################################################### int init() { //---- LastOrder= " "; //---- return(0); } //############################################################################# int start() { double SL,TP,Spread, ATR, MinDist,MaxRisk; double VSMAP0,VSMAP1,SMAP1,MMAP1,LMAP1,VLMAP1,VSMAP1Low,VSMAP1High; 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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SMAP1 = iMA(NULL,0,SMALength,0,MODE_SMA,PRICE_CLOSE,0); MMAP1 = iMA(NULL,0,MMALength,0,MODE_SMA,PRICE_CLOSE,0); LMAP1 = iMA(NULL,0,LMALength,0,MODE_SMA,PRICE_CLOSE,0); //############################################################################# 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]); //################################################################################### // TREND Definition tmp=0; tmp=ObjectGet("Trend",6); if(SMAP1 > MMAP1 && MMAP1 > LMAP1 && tmp != Lime) {Trend="UP"; ObjectDelete("Trend"); ObjectCreate("Trend",22,1,Time[0],50); ObjectSet("Trend",6,Lime); ObjectSet("Trend",14,241); } if(SMAP1 < MMAP1 && MMAP1 < LMAP1 && tmp != Red) {Trend="DOWN"; ObjectDelete("Trend"); ObjectCreate("Trend",22,1,Time[0],50); ObjectSet("Trend",6,Red); ObjectSet("Trend",14,242); } if(Trend=="UP" || Trend=="DOWN") Trend=Trend; else {Trend="NONE"; ObjectDelete("Trend"); ObjectCreate("Trend",22,1,Time[0],50); ObjectSet("Trend",6,Yellow); ObjectSet("Trend",14,240); } //############################################################################## string Trading ="Trading OPEN"; //if(Hour() < 07 || Hour() >= 23) Trading="Trading CLOSED "; Comment("SMC SHELL"," ",Trading," Long Term Trend (Stochastic with MAs) ",Trend," ",Hour()," ",Minute()," ",Seconds(), "\n", "TRADING VALUES", "\n", "Spread ", Spread," MinDist ",MinDist," Max Risk ",MaxRiskStr, "\n", "Ask/Bid ",Ask," ",Bid, "\n", "SYSTEM PARAMETERS", "\n", "MA settings Short ",SMALength," Medium ",MMALength," Long ",LMALength, "\n", "Trailing Stop ",TrailingStop, "\n", "Lots Multiplier ",LotsMultiplier, "\n", ); //############################################################################## //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //BUY and SELL rules: BuyLots = Lots; Buy = false; Sell =false; tmp=0; tmp=ObjectGet("X"+Time[0],6); //add in tmp=gray check if(tmp==Gray) { //################################################################################ //~~~~~~~~~~~~BUY~~~~~~~~~~~~~~~~~~~~~~~~ if(Trend != "DOWN") //this is a placeholder for the entry LONG conditions { Buy=true; if(Trend == "UP") BuyLots = Lots*LotsMultiplier; LastOrder = " Buy on Failure 1"; ObjectSet("X"+Time[0],6,Pink); SL=Low[Lowest(NULL,0,MODE_LOW,2,1)]-(2*Point); //modify appropriatley TP=Ask+(10*Point); } //################################################################################ //~~~~~~~~~~~SELL~~~~~~~~~~~~~~~~~~~~~~~~~~~~ if( Trend != "UP") //this is a placeholder for the entry SHORT conditions { Sell=true; if(Trend == "DOWN") BuyLots = Lots*LotsMultiplier; LastOrder = " Sell on Failure 1 "; ObjectSet("X"+Time[0],6,Pink); SL=High[Highest(NULL,0,MODE_HIGH,2,1)]+(2*Point); TP=Bid-(10*Point); } }//if bar indicator is Pink no new trade this bar //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //################################################################################## //~~~~~~~~~~~~~~~~~~~LOCK IN PROFIT / TRAILING STOP ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //This needs a new approach e.g. run down on previous hi/lo values until a reversal signal //in the opposite direction 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()) { if(MathAbs(Bid - OrderStopLoss())/Point > TrailingStop*Point) SL= Bid-(TrailingStop*Point); if(SL > OrderStopLoss()) { OrderModify(OrderTicket(),OrderOpenPrice(),SL,OrderTakeProfit(),0,Orange); return(0);} }}} //~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ total=OrdersTotal(); if(total>0) { for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderType()==OP_SELL && OrderSymbol()==Symbol()) { if(MathAbs(OrderStopLoss()-Ask)/Point > (TrailingStop*Point)) SL= Ask + (TrailingStop*Point); if(SL < OrderStopLoss() || OrderStopLoss() == 0) OrderModify(OrderTicket(),OrderOpenPrice(),SL,OrderTakeProfit(),0,Red); return(0);} }} } //############################################################################## //~~~~~~~~~~~~~~~~ ORDER CLOSURE ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ //CLOSE LONG Entries 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() && 0==1) { 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() && 0==1) { OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close SHORT position }}} } //########################################################################################## //~~~~~~~~~~~ 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 >=2) 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
Series array that contains the lowest 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 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