/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
//+------------------------------------------------------------------+
//| The Reversal Bar.mq4 |
//| |
//| |
//| Converted by Dr. Gaines |
//| dr_richard_gaines@yahoo.com |
//|
//+------------------------------------------------------------------+
#property copyright " Copyright © 2002, MetaQuotes Software Corp."
#property link " http://www.metaquotes.ru"
#include <stdlib.mqh>
//+------------------------------------------------------------------+
//| Common External variables |
//+------------------------------------------------------------------+
extern double Lots = 0.01;
extern double StopLoss = 0.00;
extern double TakeProfit = 40.00;
extern double TrailingStop = 0.00;
//+------------------------------------------------------------------+
//| External variables |
//+------------------------------------------------------------------+
extern double Slippage = 2;
extern double MATrendPeriod = 60;
//+------------------------------------------------------------------+
//| Special Convertion Functions |
//+------------------------------------------------------------------+
int LastTradeTime;
int MOrderSend( string symbol, int cmd, double volume, double price, int slippage, double stoploss, double takeprofit, string comment="", int magic=0, datetime expiration=0, color arrow_color=CLR_NONE)
{
LastTradeTime = CurTime();
price = MathRound(price*10000)/10000;
stoploss = MathRound(stoploss*10000)/10000;
takeprofit = MathRound(takeprofit*10000)/10000;
return ( OrderSend( symbol, cmd, volume, price, slippage, stoploss, takeprofit, comment, magic, expiration, arrow_color ) );
}
bool IsIndirect(string symbol)
{
}
//+------------------------------------------------------------------+
//| End |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//| Initialization |
//+------------------------------------------------------------------+
int init()
{
return(0);
}
int start()
{
//+------------------------------------------------------------------+
//| Local variables |
//+------------------------------------------------------------------+
double cnt = 0;
double pos = 0;
double sl = 0;
double tp = 0;
double MACurrent = 0;
double MAPrevious = 0;
/*[[
Name := The Reversal Bar
Author := Copyright © 2002, MetaQuotes Software Corp.
Link := http://www.metaquotes.ru
Notes :=
Lots := 1
Stop Loss := 0
Take Profit := 40
Trailing Stop := 0
]]*/
if( Bars<100 || TakeProfit<10 ) return(0);
if( IsIndirect(Symbol()) == TRUE ) return(0);
MACurrent=iMA(NULL, 0, MATrendPeriod, 0, MODE_EMA, PRICE_CLOSE, 1);
MAPrevious=iMA(NULL, 0, MATrendPeriod, 0, MODE_EMA, PRICE_CLOSE, 3);
if( OrdersTotal()<1 )
{
if( AccountFreeMargin()<1000 ) return(0); // not enough money
if( Low[2]<Low[3] && High[2]<High[3] &&
Low[1]<Low[2] && High[1]<High[2] &&
Close[1]>Open[1] && MACurrent>MAPrevious )
{
// calculate Stop Loss
sl=Low[Lowest(NULL, 0, MODE_LOW,10,10)];
tp=High[Highest(NULL, 0, MODE_HIGH,10,10)];
if( (tp-Ask)<15 ) tp=Ask+15*Point;
if( (Bid-sl)<15 ) sl=Bid-15*Point;
MOrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,sl,Ask+TakeProfit*Point,"",16384,0,Red);
return(0);
}
if( Low[2]>Low[3] && High[2]>High[3] &&
Low[1]>Low[2] && High[1]>High[2] &&
Close[1]<Open[1] && MACurrent<MAPrevious )
{
// calculate Stop Loss
sl=High[Highest(NULL, 0, MODE_HIGH,10,10)];
tp=Low[Lowest(NULL, 0, MODE_LOW,10,10)];
if( (Bid-tp)<15 ) tp=Bid-15*Point;
if( (sl-Bid)<15 ) sl=Bid+15*Point;
MOrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,sl,Bid-TakeProfit*Point,"",16384,0,Red);
return(0);
}
}
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:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
It automatically opens orders when conditions are reached
Checks for the total of open orders
Other Features:
