//+------------------------------------------------------------------+
//| Copyright 2005, Chris Battles. |
//| cbattles@neo.rr.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2005, Chris Battles."
#property link "cbattles@neo.rr.com"
//----
extern double TrailingStop=35;
extern double TrailingStopTrigger=20;
extern double StopLoss=25;
extern double TakeProfit=230;
extern double Lots=0.1;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int cnt, ticket;
if(Bars<100)
{
Print("bars less than 100");
return(0);
}
double ema1a=iMA(NULL,60,169,0,MODE_EMA,PRICE_CLOSE,0);
double ema2a=iMA(NULL,60,144,0,MODE_EMA,PRICE_CLOSE,0);
double ema3a=iMA(NULL,60,12,0,MODE_EMA,PRICE_CLOSE,0);
double ema1b=iMA(NULL,60,169,0,MODE_EMA,PRICE_CLOSE,1);
double ema2b=iMA(NULL,60,144,0,MODE_EMA,PRICE_CLOSE,1);
double ema3b=iMA(NULL,60,12,0,MODE_EMA,PRICE_CLOSE,1);
//-----
int total=OrdersTotal();
if(total<1)
{
if(AccountFreeMargin()<(1000*Lots))
{
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}
if (ema3b<ema1b && ema3a>ema1a)
{
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,Ask+TakeProfit*Point, NULL,16384,0,Green);
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice());
}
else Print("Error opening BUY order : ",GetLastError());
return(0);
}
if (ema3b>ema2b && ema3a<ema2a)
{
ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,Bid-TakeProfit*Point, NULL,16384,0,Red);
if(ticket>0)
{
if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice());
}
else Print("Error opening SELL order : ",GetLastError());
return(0);
}
}
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderType()<=OP_SELL && OrderSymbol()==Symbol())
{
if(OrderType()==OP_BUY)
{
if(TrailingStop>0)
{
if(Bid-OrderOpenPrice()>Point*TrailingStopTrigger)
{
if(OrderStopLoss()<Bid-Point*TrailingStop)
{
OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Green);
return(0);
}
}
}
}
else
{
if(TrailingStop>0)
{
if((OrderOpenPrice()-Ask)>(Point*TrailingStopTrigger))
{
if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0))
{
OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red);
return(0);
}
}
}
}
}
}
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
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 can change open orders parameters, due to possible stepping strategy
Other Features: