EFB





// Copyright by maloma //
//#include <b-Orders.mqh>

extern double Lots       = 0.1;
extern int    TP         = 22;
extern int    StartHour  = 8;
extern int    Filtr      = 6;
extern int    SL         = 31;
extern int    EndHour    = 16;
       int    magic      =6783098;

       double HiPrice, LoPrice;
       int    CBars;
       int    SellDone=-1, BuyDone=-1;
/*
int deinit()
{
 WriteOrdersInfo();
}
*/
void GetLevels()
{
 HiPrice=0;
 LoPrice=0;
 int i=0;
 while (HiPrice==0 || LoPrice==0)
  {
 //----Up and Down Fractals
//----5 bars Fractal
   if(High[i+3]>High[i+3+1] && High[i+3]>High[i+3+2] && High[i+3]>High[i+3-1] && High[i+3]>High[i+3-2] && HiPrice==0)
     {
      HiPrice=High[i+3];
     }
   if(Low[i+3]<Low[i+3+1] && Low[i+3]<Low[i+3+2] && Low[i+3]<Low[i+3-1] && Low[i+3]<Low[i+3-2] && LoPrice==0)
     {
      LoPrice=Low[i+3];
      i++;
      continue;
     }
//----6 bars Fractal
   if(High[i+3]==High[i+3+1] && High[i+3]>High[i+3+2] && High[i+3]>High[i+3+3] && High[i+3]>High[i+3-1] && High[i+3]>High[i+3-2] && HiPrice==0)
     {
      HiPrice=High[i+3];
     }
   if(Low[i+3]==Low[i+3+1] && Low[i+3]<Low[i+3+2] && Low[i+3]<Low[i+3+3] && Low[i+3]<Low[i+3-1] && Low[i+3]<Low[i+3-2] && LoPrice==0)
     {
      LoPrice=Low[i+3];
      i++;
      continue;
     }                      
//----7 bars Fractal
   if(High[i+3]>=High[i+3+1] && High[i+3]==High[i+3+2] && High[i+3]>High[i+3+3] && High[i+3]>High[i+3+4] && High[i+3]>High[i+3-1] && 
      High[i+3]>High[i+3-2] && HiPrice==0)
     {
      HiPrice=High[i+3];
     }
   if(Low[i+3]<=Low[i+3+1] && Low[i+3]==Low[i+3+2] && Low[i+3]<Low[i+3+3] && Low[i+3]<Low[i+3+4] && Low[i+3]<Low[i+3-1] && 
      Low[i+3]<Low[i+3-2] && LoPrice==0)
     { 
      LoPrice=Low[i+3];
      i++;
      continue;
     }                  
 //----8 bars Fractal                          
   if(High[i+3]>=High[i+3+1] && High[i+3]==High[i+3+2] && High[i+3]==High[i+3+3] && High[i+3]>High[i+3+4] && High[i+3]>High[i+3+5] && 
      High[i+3]>High[i+3-1] && High[i+3]>High[i+3-2] && HiPrice==0)
     {
      HiPrice=High[i+3];
     }
   if(Low[i+3]<=Low[i+3+1] && Low[i+3]==Low[i+3+2] && Low[i+3]==Low[i+3+3] && Low[i+3]<Low[i+3+4] && Low[i+3]<Low[i+3+5] && 
      Low[i+3]<Low[i+3-1] && Low[i+3]<Low[i+3-2] && LoPrice==0)
     {
      LoPrice=Low[i+3];
      i++;
      continue;
     }                              
//----9 bars Fractal                                        
   if(High[i+3]>=High[i+3+1] && High[i+3]==High[i+3+2] && High[i+3]>=High[i+3+3] && High[i+3]==High[i+3+4] && High[i+3]>High[i+3+5] && 
      High[i+3]>High[i+3+6] && High[i+3]>High[i+3-1] && High[i+3]>High[i+3-2] && HiPrice==0)
     {
      HiPrice=High[i+3];
     }
   if(Low[i+3]<=Low[i+3+1] && Low[i+3]==Low[i+3+2] && Low[i+3]<=Low[i+3+3] && Low[i+3]==Low[i+3+4] && Low[i+3]<Low[i+3+5] && 
      Low[i+3]<Low[i+3+6] && Low[i+3]<Low[i+3-1] && Low[i+3]<Low[i+3-2] && LoPrice==0)
     {
      LoPrice=Low[i+3];
      i++;
      continue;
     }                        
   i++;
  }
}

void ClosePosition()
{
 int j=OrdersTotal()-1;
 for (int i=j;i>=0;i--)
  {
   OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
   if (OrderSymbol()==Symbol() && OrderMagicNumber()==magic)
    {
     if (OrderType()>1) {OrderDelete(OrderTicket());}
     if (OrderType()==OP_BUY) {OrderClose(OrderTicket(),OrderLots(),Bid,3,CLR_NONE);}
     if (OrderType()==OP_SELL) {OrderClose(OrderTicket(),OrderLots(),Ask,3,CLR_NONE);}
    }
  }
}

void SetOrders()
{
 if (Ask<HiPrice+Filtr*Point || Bid>LoPrice-Filtr*Point)
   {
    OrderSend(Symbol(),OP_BUYSTOP,Lots,HiPrice+(MarketInfo(Symbol(),MODE_SPREAD)+Filtr)*Point,3,HiPrice-(SL-MarketInfo(Symbol(),MODE_SPREAD)-Filtr)*Point,HiPrice+(TP+MarketInfo(Symbol(),MODE_SPREAD)+Filtr)*Point,"AFB",magic,0,Teal);
    OrderSend(Symbol(),OP_SELLSTOP,Lots,LoPrice-Filtr*Point,3,LoPrice-(Filtr-SL)*Point,LoPrice-(Filtr+TP)*Point,"AFB",magic,0,Magenta);
   }
}

void CorrectOrders()
{
 int i,j=OrdersTotal()-1;
 for (i=j;i>=0;i--)
  {
   OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
   if (Symbol()==OrderSymbol() && magic==OrderMagicNumber())
    {
     if (OrderType()==OP_BUYSTOP && OrderOpenPrice()-(MarketInfo(Symbol(),MODE_SPREAD)+Filtr)*Point!=HiPrice && Ask<HiPrice+Filtr*Point)
      {OrderModify(OrderTicket(),HiPrice+(MarketInfo(Symbol(),MODE_SPREAD)+Filtr)*Point,OrderStopLoss(),OrderTakeProfit(),0);}
     if (OrderType()==OP_SELLSTOP && OrderOpenPrice()+Filtr*Point!=LoPrice && Bid>LoPrice-Filtr*Point)
      {OrderModify(OrderTicket(),LoPrice-Filtr*Point,OrderStopLoss(),OrderTakeProfit(),0);}      
    }
  }
}

void Try()
{
// Print("HiPrice=",HiPrice, "  LoPrice=",LoPrice);
 if (BuyDone==-1) BuyDone=OrderSend(Symbol(),OP_BUYSTOP,Lots,HiPrice+(MarketInfo(Symbol(),MODE_SPREAD)+Filtr)*Point,3,HiPrice-(SL-MarketInfo(Symbol(),MODE_SPREAD)-Filtr)*Point,HiPrice+(TP+MarketInfo(Symbol(),MODE_SPREAD)+Filtr)*Point,"AFB",magic,0,Teal);
 if (SellDone==-1) SellDone=OrderSend(Symbol(),OP_SELLSTOP,Lots,LoPrice-Filtr*Point,3,LoPrice-(Filtr-SL)*Point,LoPrice-(Filtr+TP)*Point,"AFB",magic,0,Magenta);
}

void start()
{
 if (StartHour>=EndHour) {return(0);}
 if (Hour()==EndHour)
  {
   ClosePosition();
  }
 if (CBars==Bars) {return(0);} 
 if (Hour()==StartHour) 
  {
   GetLevels();
   SetOrders();
  }
 if (Hour()>StartHour && Hour()<EndHour)
  {
   GetLevels();
   //CorrectOrders();
   Try();
  }
 CBars=Bars;
}



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


Indicator Curves created:


Indicators Used:



Custom Indicators Used:

Order Management characteristics:
Checks for the total of open orders

It Closes Orders by itself
It automatically opens orders when conditions are reached
It can change open orders parameters, due to possible stepping strategy

Other Features:

BackTest : EURUSD on H1

From 2009-12-01 to 2010-01-17 Profit Factor:0.96 Total Net Profit:-1.60

BackTest : EURUSD on H1

From 2010-04-01 to 2010-04-30 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2010-05-01 to 2010-05-31 Profit Factor:0.00 Total Net Profit:0.00

BackTest : EURUSD on H1

From 2010-06-01 to 2010-06-30 Profit Factor:0.00 Total Net Profit:0.00

BackTest : GBPUSD on H1

From 2010-01-01 to 2010-02-27 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDCAD on H1

From 2009-12-01 to 2010-01-01 Profit Factor:0.00 Total Net Profit:0.00

BackTest : USDJPY on H1

From 2009-11-01 to 2009-11-30 Profit Factor:0.00 Total Net Profit:0.00

Request Backtest for EFB


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