/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| 1MA Expert |
//+------------------------------------------------------------------+
#property copyright "Ron Thompson"
#property link "http://www.lightpatch.com/forex"
// User Input
extern double Lots = 0.1;
extern double MovingAvg = 10;
// Global scope
double barmove0 = 0;
double barmove1 = 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//|------------------------------------------------------------------|
int init()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
double cMA=0, pMA=0;
double p=Point();
bool found=false;
bool rising=false;
bool falling=false;
bool bought=false;
bool sold=false;
int cnt=0;
int err=0;
int rty=0;
// Error checking
if(AccountFreeMargin()<(1000*Lots)) {Print("-----NO MONEY"); return(0);}
if(Bars<100) {Print("-----NO BARS "); return(0);}
if(barmove0==Open[0] && barmove1==Open[1]) { return(0);}
// bars moved, update current position
barmove0=Open[0];
barmove1=Open[1];
// PRICE_OPEN is the only stable price point for Bar0
cMA=iMA(Symbol(), 0, MovingAvg, 0, MODE_LWMA, PRICE_OPEN, 0);
pMA=iMA(Symbol(), 0, MovingAvg, 0, MODE_LWMA, PRICE_OPEN, 1);
// is the MA rising or falling (N-pip filter)
// filter affects close AND buy transactions
if (pMA<cMA) {rising=true; falling=false;}
if (pMA>cMA) {rising=false; falling=true;}
// Does the Symbol() have an open order
for(cnt=0;cnt<OrdersTotal();cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderSymbol()==Symbol())
{
// yes, set found, get the existing bought/sold state
// and then break, so there's only 1 order per symbol
found=true;
if (OrderType()==0) {bought=true; sold=false;}
if (OrderType()==1) {bought=false; sold=true;}
break;
}
else
{
found=false;
}
}
// If there is no order, then
// place one based on MA direction
if (!found && rising)
{
OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-(p*13),Ask+(p*15),"1MA Buy",11123,0,White);
return(0);
}
if (!found && falling)
{
OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+(p*13),Bid-(p*15),"1MA Sell",11321,0,Red);
return(0);
}
if (rising && sold) //existing sell
{
OrderClose(OrderTicket(),Lots,Ask,0,Red);
}
if (falling && bought) // existing buy
{
OrderClose(OrderTicket(),Lots,Bid,0,White);
}
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains open 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 automatically opens orders when conditions are reached
It Closes Orders by itself
Other Features: