/*-----------------------------+ | | | 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 int TakeProfit=50; extern int myMA=6; // Global scope double barmove0 = 0; double barmove1 = 0; int StopLoss = 0; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //|------------------------------------------------------------------| int init() { return(0); } //+------------------------------------------------------------------+ //| Custor indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { // direction indicators bool found=false; bool rising=false; bool falling=false; bool cross=false; //stop loss indicators double slA=0, slB=0, tpA=0, tpB=0; double p=Point(); // Indicator variables double I0; double I1; double I2; double I3; double I4; int cnt=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]; // currently one order at a time per Symbol() for(cnt=0; cnt<=OrdersTotal();cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderSymbol()==Symbol()) {return(0);} } // since the bar just moved // calculate TP and SL for (B)id and (A)sk tpA=Ask+(p*TakeProfit); slA=Ask-(p*StopLoss); tpB=Bid-(p*TakeProfit); slB=Bid+(p*StopLoss); if (TakeProfit<=0) {tpA=0; tpB=0;} if (StopLoss<=0) {slA=0; slB=0;} // get Indicator I0=iMA(Symbol(),0,myMA ,0,MODE_LWMA,PRICE_OPEN,0); I1=iMA(Symbol(),0,myMA*4 ,0,MODE_LWMA,PRICE_OPEN,0); I2=iMA(Symbol(),0,myMA*8 ,0,MODE_LWMA,PRICE_OPEN,0); // is it moving up(rising) or down(falling) if (I1<I0) { rising=true;} if (I1>I0) {falling=true;} // Open new order based on direction of cross if (rising) { OrderSend(Symbol(),OP_BUY,Lots,Ask,3,slA,tpA,"ZZZ012",11123,0,White); } if (falling) { OrderSend(Symbol(),OP_SELL,Lots,Bid,3,slB,tpB,"ZZZ012",11321,0,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
Other Features: