Starter_v4modV2





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

//+------------------------------------------------------------------+
//|                                                Starter_v4.mq4  |
//|                                          Copyright © 2005, GCM   |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, GCM"
#property link      "http://"
#define MAGICNUM  20051002

extern double TakeProfit = 50;
extern double Lots = 1.0;
extern double TrailingStop = 10;
extern double StopLoss = 50;
extern int mm = 1;
extern double Riskpercent = 5;
extern int AccountIsMini = 0;
extern int LiveTrading = 0;
extern double DecreaseFactor = 3;
extern double Margincutoff = 800;
extern int Turnon = 1;
extern int MaximumLosses = 3;
extern double Stop = 10;
extern double MAPeriod=120;
string OrderText = "";
double lotMM;
int TradesInThisSymbol;
int cnt=0, total;
datetime LastTime;
double Sl;
double Tr;
int ticket;
int trstop = 0;
//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }
double LotsOptimized()
  {
   double lot=Lots;
   int    orders=HistoryTotal();     // history orders total
   int    losses=0;                  // number of losses orders without a break
   int    tolosses=0;
//---- select lot size
   lot=NormalizeDouble(MathCeil(AccountBalance()*Riskpercent/10000)/10,1);
   
//---- calcuulate number of losses orders without a break
   if(DecreaseFactor>0)
     {
      for(int i=orders-1;i>=0;i--)
        {
         if(OrderSelect(i,SELECT_BY_POS,MODE_HISTORY)==false) { Print("Error in history!"); break; }
         if(OrderSymbol()!=Symbol() || OrderType()>OP_SELL) continue;
         //----
         if(OrderProfit()>0) break;
         if(OrderProfit()<0) losses++;
        }
      for(i=orders-1;i>=0;i--)
        {
         if(OrderSelect(i,SELECT_BY_POS,MODE_HISTORY)==false) { Print("Error in history!"); break; }
         if(TimeDay(OrderCloseTime()) != TimeDay(CurTime())) continue;
         //----
         if(OrderProfit()<0) tolosses++;
        }
        if (tolosses >= MaximumLosses) trstop=1;
      if(losses>1) lot=NormalizeDouble(lot-lot*losses/DecreaseFactor,1);
     }
  if(lot > 1) 
      lot = MathCeil(lot);

  if(AccountIsMini==1) 
      lot = lot * 10;
//---- return lot size
   if(lot<0.1) lot=0.1;
  if(LiveTrading == 1)
  {
    if (AccountIsMini == 0 && lot < 1.0) 
         lot = 1.0;
  }
  if(lot > 100)
         lot = 100;

   return(lot);
  } 
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//---- 
   double Laguerre;
   double Laguerreprevious;
   double Alpha;
   double Alphaprevious;
   double MA, MAprevious;
trstop = 0;
if(mm == 1)
{
  lotMM = LotsOptimized();
}
else {
  lotMM = Lots; // Change mm to 0 if you want the Lots parameter to be in effect
}
  Laguerre=iCustom(NULL, 0, "Laguerre", 0, 0);
  Laguerreprevious=iCustom(NULL, 0, "Laguerre", 0, 1);
  Alpha=iCCI(NULL, 0, 14, PRICE_CLOSE, 0);
  MA=iMA(NULL,0,MAPeriod,0,MODE_EMA,PRICE_MEDIAN,0);
  MAprevious=iMA(NULL,0,MAPeriod,0,MODE_EMA,PRICE_MEDIAN,1);
  
   total=OrdersTotal();
   TradesInThisSymbol = 0;
   for(cnt=0;cnt<total;cnt++)
     {
      if ( OrderSelect (cnt, SELECT_BY_POS) == false )  continue;
      if ( OrderSymbol() != Symbol() || OrderMagicNumber() != MAGICNUM)  continue;
      if((OrderType() == OP_BUY || OrderType() == OP_BUYSTOP) && (OrderSymbol()==Symbol()))
          {
             TradesInThisSymbol++;
            if(Laguerre>0.9)
                {
                 OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                 return(0); // exit
                }
            // check for stop
            if(Stop>0)  
              {                 
               if(Bid-OrderOpenPrice()>=Point*Stop)
                 {
                   OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                   return(0);
                 }
              }
             if(TrailingStop>0) 
               {                
                if(Bid-OrderOpenPrice()>Point*TrailingStop)
                  {
                   if(OrderStopLoss()<Bid-Point*TrailingStop)
                     {
                      OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Aqua);
                      return(0);
                     }
                  }
               }
          }
      if((OrderType() == OP_SELL || OrderType() == OP_SELLSTOP) && (OrderSymbol()==Symbol()))
          {
             TradesInThisSymbol++;
            if(Laguerre<0.1)
              {
               OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
               return(0); // exit
              }
            // check for stop
            if(Stop>0)  
              {                 
               if(OrderOpenPrice()-Ask>=Point*Stop)
                 {
                   OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
                   return(0);
                 }
              }
             if(TrailingStop>0)  
               {                
                if((OrderOpenPrice()-Ask)>(Point*TrailingStop))
                  {
                   if(OrderStopLoss()==0.0 || 
                      OrderStopLoss()>(Ask+Point*TrailingStop))
                     {
                      OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Aqua);
                      return(0);
                     }
                  }
               }
          }
     }

if(AccountFreeMargin() < Margincutoff) {
   return(0);}
if(TradesInThisSymbol > 0) {
   return(0);}
if(CurTime() < LastTime) {
   return(0);}
   
OrderText = ""; //Must be blank before going into the main section

	// Is current bar a bull candle?
	if((Turnon == 1) && (Laguerreprevious<=0) && (Laguerre>0) && (Alpha>Alphaprevious) ) 
	{
		OrderText = "BUY";
		Sl = Ask-StopLoss*Point;
		Tr = Ask+TakeProfit*Point;
	}

	// Is current bar a bear candle?
	if((Turnon == 1) && (Laguerreprevious>=1) && (Laguerre<1) && (Alpha<Alphaprevious) )
	{
		OrderText = "SELL";
		Sl = Bid+StopLoss*Point;
		Tr = Bid-TakeProfit*Point;
	}
   if(OrderText != "" && TradesInThisSymbol == 0 && trstop == 0) 
   {

	   LastTime = CurTime();
           if(OrderText == "BUY")
           {
	           ticket = OrderSend(Symbol(),OP_BUY,lotMM,Ask,3,Sl,Tr,"starter",MAGICNUM,0,DodgerBlue);
	           LastTime += 12;
              if(ticket<=0) Print("Error = ",GetLastError());
              return(0);
           }
            else if(OrderText == "SELL")
            {
               ticket = OrderSend(Symbol(),OP_SELL,lotMM,Bid,3,Sl,Tr,"starter",MAGICNUM,0,Red);
               LastTime += 12;
               if(ticket<=0) Print("Error = ",GetLastError());
               return(0);
            }
      return(0);
   }
//----
   return(0);
  }
//+------------------------------------------------------------------+



Sample





Analysis



Market Information Used:



Indicator Curves created:


Indicators Used:


Commodity channel index
Moving average indicator


Custom Indicators Used:
Laguerre

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 : EURUSD on H1

From 2009-08-01 to 2009-10-01 Profit Factor:0.84 Total Net Profit:-217.10

BackTest : EURUSD on H1

From 2009-12-01 to 2010-01-17 Profit Factor:0.88 Total Net Profit:-139.00

BackTest : EURUSD on H1

From 2010-04-01 to 2010-04-30 Profit Factor:0.00 Total Net Profit:0.00

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

BackTest : GBPUSD on H1

From 2010-01-01 to 2010-02-27 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDCAD on H1

From 2009-12-01 to 2010-01-01 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDJPY on H1

From 2009-11-01 to 2009-11-30 Profit Factor:0.43 Total Net Profit:-421.40

Request Backtest for Starter_v4modV2


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