//+------------------------------------------------------------------+
//| TakeProfit.mq4 |
//| Copyright © 2006, Taylor Stockwell |
//| stockwet@yahoo.com |
//| Version: 3.5 |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Taylor Stockwell"
#property link "stockwet@yahoo.com"
/*
Updates:
11/2/2006:: Fixed bug that caused the sl var to be set to 1 when a pending
order was > than the First_Stop_Target value.
1/23/2007:: Fixed pip calculation. The old way of calculating pips could be
off by 1 pip, resulting in missed TP or move stops. The new
calculation is more accurate.
Trace by comment and close lots by percent
*/
//=============== VARS external
extern int First_Target = 20;
extern int Target_Increment = 30;
extern int Close_Lots_Percent = 20;
extern bool Move_Stops = true;
extern int First_Stop_Target = 20;
extern int First_Stop = 0;
extern int Second_Stop_Target = 60;
extern int Second_Stop = 30;
extern int Third_Stop_Target = 90;
extern int Third_Stop = 60;
extern int Fourth_Stop_Target = 120;
extern int Fourth_Stop = 90;
extern int Fifth_Stop_Target = 150;
extern int Fifth_Stop = 120;
extern bool Use_Max_Loss = true;
extern int Max_Loss = 100;
int Magic_Number=500;
extern string Order_Comment="Trade";
//=============== VARS internal
int nextTP;
bool sl;
int range = 5;
int multiplier;
double Close_Lots = 0;
// OrderType == 1 is OP_SELL
//=============== FUNCTION init
int init()
{
sl=0;
nextTP = First_Target;
getMaxLoss();
}
//== end function
//=============== FUNCTION deinit
int deinit()
{
//----
sl=0;
nextTP = First_Target;
//----
return(0);
}
//== end function
//========== FUNCTION Start
int start()
{
//----
getOpenOrders();
getSpread();
//Comment(sl);
//----
return(0);
}
//== end function
//========== FUNCTION getPipValue
double getPipValue(double ord,int dir)
{
double val;
RefreshRates();
if(dir == 1) val=(NormalizeDouble(ord,Digits) - NormalizeDouble(Ask,Digits));
else val=(NormalizeDouble(Bid,Digits) - NormalizeDouble(ord,Digits));
val = val/Point;
return(val);
}
//== end function
int getSpread()
{
int spread=MarketInfo(Symbol(),MODE_SPREAD);
return(spread);
}
int getMaxLoss()
{
int calcMaxLoss;
calcMaxLoss = Max_Loss;
return(calcMaxLoss);
}
//========== FUNCTION getOpenOrders
void getOpenOrders()
{
int nsl, nsd;
string mngMagic;
int totalorders = OrdersTotal();
for(int j=0; j<totalorders;j++)
{
OrderSelect(j, SELECT_BY_POS, MODE_TRADES);
if((OrderType() == OP_BUY || OrderType() == OP_SELL) && OrderSymbol() == Symbol() && (Order_Comment == OrderComment()))
{
double val=getPipValue(OrderOpenPrice(),OrderType());
//int val = OrderProfit()/(OrderLots()*10);
if(Use_Max_Loss && Max_Loss > 0) killTrade(val,OrderTicket());
if(Move_Stops) checkStops(val,OrderTicket());
takeProfit(val,OrderTicket());
Close_Lots = NormalizeDouble(OrderLots() * Close_Lots_Percent * 0.01, 2);
double Swap = OrderSwap(); string Order_comment = OrderComment(); double orderopen_price = OrderOpenPrice();
string Order_Symbol = OrderSymbol(); Magic_Number=OrderMagicNumber(); double OSL=OrderStopLoss(); double OTP= OrderTakeProfit();
}
mngMagic = "Order Magic Number = "+Magic_Number;
if(sl==0)
{
nsl = First_Stop_Target;
nsd = First_Stop;
}
else
{
nsl = Second_Stop_Target;
nsd = Second_Stop;
}
//RefreshRates();
Comment(
Order_Symbol,
"\nYour Brokers Time is : ",TimeHour (CurTime ()),":",TimeMinute (CurTime ()),":",TimeSeconds (CurTime ()),
"\nOrder Open: ",orderopen_price, " || Order Swap: ", Swap, " || Order SL: ", OSL, " || Order TP: ", OTP ,
"\nPip Count: ", val," || Pip Spread: ",(Ask - Bid) / Point," || Max Loss: ", getMaxLoss()," ||Close lots percent is ",Close_Lots,
"\nNext Stop Target: ",nsl, " || Next Stop Differential: ", nsd, " || Next TP: ", nextTP, " || EA SL: ", sl,
"\n",mngMagic, " || Trail by Order Comment: ", Order_comment
);
}
}
//========== FUNCTION takeProfit
void takeProfit(int pips, int ticket)
{
if(OrderSelect(ticket, SELECT_BY_TICKET)==true)
{
if(pips >= nextTP && pips < (nextTP + Target_Increment))
{
if(OrderType()==1)
{
if(OrderClose(ticket, Close_Lots, Ask, 3, YellowGreen))
nextTP+=Target_Increment;
else
Print("Error closing order : ",GetLastError());
}
else
{
if(OrderClose(ticket, Close_Lots, Bid, 3, YellowGreen))
nextTP+=Target_Increment;
else
Print("Error closing order : ",GetLastError());
}
}
}
}
//== end function
//========== FUNCTION moveStops
void checkStops(int pips,int ticket)
{
if(sl==0 && pips < Second_Stop_Target)
{
if(pips >= First_Stop_Target && pips < (Second_Stop_Target))
{
moveStops(ticket, First_Stop);
}
}
else if(sl==1 || pips >= Second_Stop_Target)
{
if(pips >= Second_Stop_Target)
{
moveStops(ticket,Second_Stop);
}
}
else if(sl==1 || pips >= Third_Stop_Target)
{
if(pips >= Third_Stop_Target)
{
moveStops(ticket,Third_Stop);
}
}
else if(sl==1 || pips >= Third_Stop_Target)
{
if(pips >= Fifth_Stop_Target)
{
moveStops(ticket,Fifth_Stop);
}
}
}
//== end function
//========== FUNCTION moveStops
void moveStops(int ticket,int stopDiff)
{
if(OrderSelect(ticket, SELECT_BY_TICKET)==true)
{
Print("moveStops called ",ticket, " ",stopDiff);
if(OrderType()==1)
{
OrderModify(ticket,OrderOpenPrice(),OrderOpenPrice()-stopDiff*Point, OrderTakeProfit(),0,Plum);
sl=1;
}
else
{
OrderModify(ticket,OrderOpenPrice(),OrderOpenPrice()+stopDiff*Point, OrderTakeProfit(),0,Plum);
sl=1;
}
}
}
//== end function
//========== FUNCTION killTrades
void killTrade(int pips, int ticket)
{
if(OrderSelect(ticket, SELECT_BY_TICKET)==true)
{
if(pips <= -1*getMaxLoss())
{
if(OrderType()==1) OrderClose(ticket,OrderLots(),Ask,3,Red);
else OrderClose(ticket,OrderLots(),Bid,3,Red);
}
}
}
//== end function
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
It can change open orders parameters, due to possible stepping strategy
Other Features: