/*-----------------------------+ | | | Shared by www.Aptrafx.com | | | +------------------------------*/ //+------------------------------------------------------------------+ //| TradeChannel.mq4 | //| Copyright © 2005, Yuri Makarov | //| http://mak.tradersmind.com | //+------------------------------------------------------------------+ #property copyright "Copyright © 2005, Yuri Makarov" #property link "http://mak.tradersmind.com" extern double Lots = 1.0; extern int Slippage = 5; extern int TimeOut = 10000; double SetLevel(double Level, double NewLevel, string ObjName, int Style) { switch (Style) { case 1: // Buy Order line ObjectSet(ObjName,OBJPROP_COLOR,Blue); ObjectSet(ObjName,OBJPROP_STYLE,STYLE_SOLID); ObjectSet(ObjName,OBJPROP_WIDTH,2); break; case 2: // Sell Order line ObjectSet(ObjName,OBJPROP_COLOR,Red); ObjectSet(ObjName,OBJPROP_STYLE,STYLE_SOLID); ObjectSet(ObjName,OBJPROP_WIDTH,2); break; case 3: // Buy Stop line ObjectSet(ObjName,OBJPROP_COLOR,Blue); ObjectSet(ObjName,OBJPROP_STYLE,STYLE_DASH); ObjectSet(ObjName,OBJPROP_WIDTH,1); break; case 4: // Sell Stop line ObjectSet(ObjName,OBJPROP_COLOR,Red); ObjectSet(ObjName,OBJPROP_STYLE,STYLE_DASH); ObjectSet(ObjName,OBJPROP_WIDTH,1); break; case 5: // Buy Take line ObjectSet(ObjName,OBJPROP_COLOR,Blue); ObjectSet(ObjName,OBJPROP_STYLE,STYLE_DOT); ObjectSet(ObjName,OBJPROP_WIDTH,1); break; case 6: // Sell Take line ObjectSet(ObjName,OBJPROP_COLOR,Red); ObjectSet(ObjName,OBJPROP_STYLE,STYLE_DOT); ObjectSet(ObjName,OBJPROP_WIDTH,1); break; } if (MathAbs(NewLevel - Close[0]) < MathAbs(Level - Close[0])) return (NewLevel); else return (Level); } int start() { int NumObj = ObjectsTotal(); double Spread = Ask - Bid; double pBuy = 0; double pSell = 0; double pBuyStop = 0; double pBuyTake = 0; double pSellStop = 0; double pSellTake = 0; for (int i = 0; i < NumObj; i++) { string ObjName = ObjectName(i); string ObjDesc = ObjectDescription(ObjName); double Price = 0; switch (ObjectType(ObjName)) { case OBJ_HLINE: Price = ObjectGet(ObjName,OBJPROP_PRICE1); break; case OBJ_TREND: Price = ObjectGetValueByShift(ObjName,0); break; } if (Price > 0) { if (ObjDesc == "Buy") pBuy = SetLevel(pBuy, Price, ObjName, 1); else if (ObjDesc == "Sell") pSell = SetLevel(pSell, Price, ObjName, 2); else if (ObjDesc == "Stop") { if (Price < Close[0]) pBuyStop = SetLevel(pBuyStop, Price, ObjName, 3); else pSellStop = SetLevel(pSellStop, Price, ObjName, 4); } else if (ObjDesc == "Take") { if (Price > Close[0]) pBuyTake = SetLevel(pBuyTake, Price, ObjName, 5); else pSellTake = SetLevel(pSellTake, Price, ObjName, 6); } } } int NumOrders = OrdersTotal(); int NumPos = 0; for (i = 0; i < NumOrders; i++) { OrderSelect(i, SELECT_BY_POS); if (OrderSymbol() != Symbol()) continue; NumPos++; double tp = OrderTakeProfit(); double sl = OrderStopLoss(); if (OrderType() == OP_BUY) { if (Bid > pSell && pSell > 0) { OrderClose(OrderTicket(), OrderLots(), Bid, Slippage, Red); Sleep(TimeOut); return(0); } if (MathAbs(tp - pBuyTake) > Spread || MathAbs(sl - pBuyStop) > Spread) { OrderModify(OrderTicket(), Ask, pBuyStop, pBuyTake, 0); Sleep(TimeOut); return(0); } } if (OrderType() == OP_SELL) { if (Ask < pBuy) { OrderClose(OrderTicket(), OrderLots(), Ask, Slippage, Red); Sleep(TimeOut); return(0); } if (MathAbs(tp - pSellTake) > Spread || MathAbs(sl - pSellStop) > Spread) { OrderModify(OrderTicket(), Bid, pSellStop, pSellTake, 0); Sleep(TimeOut); return(0); } } } if (NumPos > 0) return(0); if ((pSell - pBuy) < Spread*2) return(0); if (Bid > pSell && pSell > pBuyStop) { OrderSend(Symbol(), OP_SELL, Lots, Bid, Slippage, pSellStop, pSellTake); Sleep(TimeOut); return(0); } if (Ask < pBuy && (pBuy < pSellStop || pSellStop == 0)) { OrderSend(Symbol(), OP_BUY, Lots, Ask, Slippage, pBuyStop, pBuyTake); Sleep(TimeOut); return(0); } } int init() { return(0); } int deinit() { return(0); }
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Indicators Used:
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: