/*
+------------+
|FrameTrader |
+------------+
Theory of operation
TIME FRAME
==========
Close at equity level with a profit :)
PAIRS
=====
ALL
ENTRY LONG
==========
ENTRY SHORT
===========
EXIT
====
MONEY MANAGEMENT
================
-none-
RISK MANAGEMENT
===============
-none-
FAILURE MANAGEMENT
==================
-none-
VERSION HISTORY
===============
00 - initial concept
*/
#property copyright "Ron Thompson"
#property link "http://www.lightpatch.com/forex"
// user input
extern double BasketLoss=50;
extern double BasketProfit=50;
extern double Slippage=3;
//+-------------+
//| Custom init |
//|-------------+
// Called ONCE when EA is added to chart or recompiled
int init()
{
Print("Init happened ",CurTime());
Comment(" ");
}
//+----------------+
//| Custom DE-init |
//+----------------+
// Called ONCE when EA is removed from chart
int deinit()
{
Print("DE-Init happened ",CurTime());
Comment(" ");
}
//+-----------+
//| Main |
//+-----------+
// Called EACH TICK and each Bar[]
int start()
{
int cnt=0;
int gle=0;
int OrdersOpenCount=0;
string mySymbol;
double myAsk;
double myBid;
double currBasket=0;
//Basket profit or loss
currBasket=AccountEquity()-AccountBalance();
Comment("Profit/Loss = ",currBasket);
if(currBasket>=BasketProfit || currBasket<=(BasketLoss*(-1)) )
{
// CLOSE order if profit target made
for(cnt=OrdersTotal(); cnt>=0; cnt--)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if( OrderType()==OP_BUY || OrderType()==OP_SELL )
{
mySymbol=OrderSymbol();
if(OrderType()==OP_BUY)
{
myBid=MarketInfo(mySymbol,MODE_BID);
OrderClose(OrderTicket(),OrderLots(),myBid,Slippage,White);
gle=GetLastError();
if(gle==0)
{
Print("CLOSE BUY Bid=",myBid);
}
else
{
Print("-----ERROR----- CLOSE BUY Bid=",myBid," error=",gle);
}
} // if BUY
if(OrderType()==OP_SELL)
{
myAsk=MarketInfo(mySymbol,MODE_ASK);
OrderClose(OrderTicket(),OrderLots(),myAsk,Slippage,Red);
gle=GetLastError();
if(gle==0)
{
Print("CLOSE SELL Ask=",myAsk);
}
else
{
Print("-----ERROR----- CLOSE SELL Ask=",myAsk," error=",gle);
}
} //if SELL
} // if(OrderSymbol)
} // for
} //currBasket
} // start()
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It Closes Orders by itself
Other Features: