//+------------------------------------------------------------------+
//| |
//| RSI-R2.mq4 - Ver 1.0 @ 03/22/2007 by Bluto |
//| |
//| Changes by Robert Hill |
//| 4/3/2007 added input for RSI_Period |
//| Modified code for MagicNumber calculation |
//| Added function to set value for RSI_Period |
//| Set value of AssignRSI to false during optimization |
//| Use optimized value in function AssignRSI_Period |
//| Set value of AssignRSI to true when running live |
//| 4/5/2007 Fixed bug that caused no more trades after a stoploss |
//| added 2 variable to hold pSar values to reduce calls |
//| Added GetLots as a function using MM code from start |
//+------------------------------------------------------------------+
#property copyright "Bluto"
#property link "None"
// This makes code easier to read
#define AUDCAD 1
#define AUDJPY 2
#define AUDNZD 3
#define AUDUSD 4
#define CHFJPY 5
#define EURAUD 6
#define EURCAD 7
#define EURCHF 8
#define EURGBP 9
#define EURJPY 10
#define EURUSD 11
#define GBPCHF 12
#define GBPJPY 13
#define GBPUSD 14
#define NZDJPY 15
#define NZDUSD 16
#define USDCAD 17
#define USDCHF 18
#define USDJPY 19
#define UNEXPECTED 999
extern double LotSize=10;
extern int Slippage=3;
extern double StopLoss=0;
extern double TakeProfit=700;
extern double RiskPercent=2.0;
extern bool UseMoneyMgmt=false;
extern int RSI_Period = 2; // input value to be optimized
extern bool AssignRSI = false; // Set to true for live trading
extern double RSI_Overbought_Value = 75.0;
extern double RSI_Oversold_Value = 25.0;
int MagicNumber=0;
int ticket;
int OpenBuyOrders=0;
int OpenSellOrders=0;
int BuyCount=0,SellCount=0;
int i;
bool Buy_Mode=false, Sell_Mode=false;
int myRSI_Period = 2; // Used by RSI indicator call
double RSI_Day_1=0, RSI_Day_2=0, RSI_Day_3=0, SMA200_Day3=0;
double pSar1 = 0;
double pSar2 = 0;
double MM_MinLotSize=0;
double MM_MaxLotSize=0;
double MM_LotStep=0;
double MM_Decimals=0;
double MM_OrderLotSize=0;
int MM_AcctLeverage=0;
int MM_CurrencyLotSize=0;
int init()
{
/*
if (Symbol()=="AUDCADm" || Symbol()=="AUDCAD") {MagicNumber=200001;}
if (Symbol()=="AUDJPYm" || Symbol()=="AUDJPY") {MagicNumber=200002;}
if (Symbol()=="AUDNZDm" || Symbol()=="AUDNZD") {MagicNumber=200003;}
if (Symbol()=="AUDUSDm" || Symbol()=="AUDUSD") {MagicNumber=200004;}
if (Symbol()=="CHFJPYm" || Symbol()=="CHFJPY") {MagicNumber=200005;}
if (Symbol()=="EURAUDm" || Symbol()=="EURAUD") {MagicNumber=200006;}
if (Symbol()=="EURCADm" || Symbol()=="EURCAD") {MagicNumber=200007;}
if (Symbol()=="EURCHFm" || Symbol()=="EURCHF") {MagicNumber=200008;}
if (Symbol()=="EURGBPm" || Symbol()=="EURGBP") {MagicNumber=200009;}
if (Symbol()=="EURJPYm" || Symbol()=="EURJPY") {MagicNumber=200010;}
if (Symbol()=="EURUSDm" || Symbol()=="EURUSD") {MagicNumber=200011;}
if (Symbol()=="GBPCHFm" || Symbol()=="GBPCHF") {MagicNumber=200012;}
if (Symbol()=="GBPJPYm" || Symbol()=="GBPJPY") {MagicNumber=200013;}
if (Symbol()=="GBPUSDm" || Symbol()=="GBPUSD") {MagicNumber=200014;}
if (Symbol()=="NZDJPYm" || Symbol()=="NZDJPY") {MagicNumber=200015;}
if (Symbol()=="NZDUSDm" || Symbol()=="NZDUSD") {MagicNumber=200016;}
if (Symbol()=="USDCHFm" || Symbol()=="USDCHF") {MagicNumber=200017;}
if (Symbol()=="USDJPYm" || Symbol()=="USDJPY") {MagicNumber=200018;}
if (Symbol()=="USDCADm" || Symbol()=="USDCAD") {MagicNumber=200019;}
if (MagicNumber==0) {MagicNumber = 200999;}
*/
MagicNumber = func_Symbol2Val(Symbol()) + 200000;
if (AssignRSI) myRSI_Period = AssignRSI_Period(Symbol()); else myRSI_Period = RSI_Period;
return(0);
}
int func_Symbol2Val(string symbol)
{
string mySymbol = StringSubstr(symbol,0,6);
if(mySymbol=="AUDCAD") return(1);
if(mySymbol=="AUDJPY") return(2);
if(mySymbol=="AUDNZD") return(3);
if(mySymbol=="AUDUSD") return(4);
if(mySymbol=="CHFJPY") return(5);
if(mySymbol=="EURAUD") return(6);
if(mySymbol=="EURCAD") return(7);
if(mySymbol=="EURCHF") return(8);
if(mySymbol=="EURGBP") return(9);
if(mySymbol=="EURJPY") return(10);
if(mySymbol=="EURUSD") return(11);
if(mySymbol=="GBPCHF") return(12);
if(mySymbol=="GBPJPY") return(13);
if(mySymbol=="GBPUSD") return(14);
if(mySymbol=="NZDJPY") return(15);
if(mySymbol=="NZDUSD") return(16);
if(mySymbol=="USDCAD") return(17);
if(mySymbol=="USDCHF") return(18);
if(mySymbol=="USDJPY") return(19);
Comment("unexpected Symbol");
return(999);
}
int AssignRSI_Period(string symbol)
{
int RSI = 0;
int which = func_Symbol2Val(symbol);
switch (which)
{
case AUDCAD : RSI = 2;
break;
case AUDJPY : RSI = 2;
break;
case AUDNZD : RSI = 2;
break;
case AUDUSD : RSI = 2;
break;
case CHFJPY : RSI = 2;
break;
case EURAUD : RSI = 2;
break;
case EURCAD : RSI = 2;
break;
case EURCHF : RSI = 2;
break;
case EURGBP : RSI = 2;
break;
case EURJPY : RSI = 4; // Optimized value
break;
case EURUSD : RSI = 2;
break;
case GBPCHF : RSI = 2;
break;
case GBPJPY : RSI = 2;
break;
case GBPUSD : RSI = 2;
break;
case NZDJPY : RSI = 2;
break;
case NZDUSD : RSI = 2;
break;
case USDCAD : RSI = 2;
break;
case USDCHF : RSI = 2;
break;
case USDJPY : RSI = 2;
break;
case UNEXPECTED : RSI = 2;
}
if (RSI == 0) RSI = 2;
return (RSI);
}
int deinit()
{
return(0);
}
int start()
{
MM_OrderLotSize = GetLots();
SMA200_Day3 = iMA(NULL,PERIOD_D1,200, 0, MODE_SMA, PRICE_CLOSE, 1);
RSI_Day_1 = iRSI(NULL, PERIOD_D1, myRSI_Period, PRICE_CLOSE, 3);
RSI_Day_2 = iRSI(NULL, PERIOD_D1, myRSI_Period, PRICE_CLOSE, 2);
RSI_Day_3 = iRSI(NULL, PERIOD_D1, myRSI_Period, PRICE_CLOSE, 1);
if (RSI_Day_1 < 65 && RSI_Day_2 < RSI_Day_1 && RSI_Day_3 < RSI_Day_2 && Close[1] > SMA200_Day3)
{
Buy_Mode=true;
} else {
Buy_Mode=false;
}
if (RSI_Day_1 > 35 && RSI_Day_2 > RSI_Day_1 && RSI_Day_3 > RSI_Day_2 && Close[1] < SMA200_Day3)
{
Sell_Mode=true;
} else {
Sell_Mode=false;
}
// Check to make sure no trade was stopped out
OpenBuyOrders = CheckOpenPositions(OP_BUY);
OpenSellOrders = CheckOpenPositions(OP_SELL);
if (OpenBuyOrders == 1 && iRSI(NULL, PERIOD_D1, myRSI_Period, PRICE_CLOSE, 1) > RSI_Overbought_Value)
{
CloseLongs(MagicNumber);
OpenBuyOrders = 0;
BuyCount=0;
}
if (OpenSellOrders == 1 && iRSI(NULL, PERIOD_D1, myRSI_Period, PRICE_CLOSE, 1) < RSI_Oversold_Value)
{
CloseShorts(MagicNumber);
OpenSellOrders = 0;
SellCount=0;
}
//----- Count number of existing open buy & sell orders; update trailing stops.
OpenBuyOrders=0;
OpenSellOrders=0;
// Bug fix for trades that are stopped out
BuyCount = 0;
SellCount = 0;
// Manage Paraolic SAR
// Added pSar1 and pSar2 for faster backtesting
pSar1 = iSAR(NULL,0,0.02,0.2,1);
pSar2 = iSAR(NULL,0,0.02,0.2,2);
for (i = 0; i <= OrdersTotal(); i++)
{
OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
if ((OrderSymbol() == Symbol()) && (OrderMagicNumber() == MagicNumber))
{
if (OrderType() == OP_BUY)
{
// Bug fix for trades that are stopped out
OpenBuyOrders++;BuyCount++;
if ( (pSar1> OrderStopLoss()) && (Bid > pSar1) && (OrderOpenPrice() < pSar1) && (pSar1 > pSar2))
{
OrderModify(OrderTicket(),OrderOpenPrice(),pSar1,OrderTakeProfit(),0,Blue);
Print("Order # ",OrderTicket()," updated at ",Hour(),":",Minute(),":",Seconds());
return(0);
}
}
if (OrderType() == OP_SELL)
{
// Bug fix for trades that are stopped out
OpenSellOrders++;SellCount++;
if ((pSar1 < OrderStopLoss()) && (Ask < pSar1) && (OrderOpenPrice() > pSar1) && (pSar1 < pSar2))
{
OrderModify(OrderTicket(),OrderOpenPrice(),pSar1,OrderTakeProfit(),0,Blue);
Print("Order # ",OrderTicket()," updated at ",Hour(),":",Minute(),":",Seconds());
return(0);
}
}
}
}
//----- Generic order handler.
//----- If we have a new buy signal, close existing sell orders; if we have a new sell signal, close existing buy orders; reset order counters.
//----- Next, create new buy or sell order.
if (Buy_Mode==true && BuyCount==0)
{
if(OpenSellOrders > 0)
{
CloseShorts(MagicNumber);
OpenSellOrders = 0;
}
SellCount=0;
if(OpenBuyOrders == 0)
{
ticket = OpenPendingOrder(OP_BUY,MM_OrderLotSize,Ask,Slippage,Bid,StopLoss,TakeProfit,"RSI-R2",MagicNumber,0,Lime);
if(ticket<0)
{
Print("OrderSend failed with error #",GetLastError());
return(0);
}
else
{
OpenBuyOrders++;
BuyCount++;
}
}
}
if (Sell_Mode==true && SellCount==0)
{
if(OpenBuyOrders > 0)
{
CloseLongs(MagicNumber);
OpenBuyOrders = 0;
}
BuyCount=0;
if (OpenSellOrders == 0)
{
ticket = OpenPendingOrder(OP_SELL,MM_OrderLotSize,Bid,Slippage,Ask,StopLoss,TakeProfit,"RSI-R2",MagicNumber,0,HotPink);
if(ticket<0)
{
Print("OrderSend failed with error #",GetLastError());
return(0);
}
else
{
OpenSellOrders++;
SellCount++;
}
}
}
return(0);
}
double GetLots()
{
double OrderLotSize;
//----- Money Management & Lot Sizing Stuff.
MM_AcctLeverage = AccountLeverage();
MM_MinLotSize = MarketInfo(Symbol(),MODE_MINLOT);
MM_MaxLotSize = MarketInfo(Symbol(),MODE_MAXLOT);
MM_LotStep = MarketInfo(Symbol(),MODE_LOTSTEP);
MM_CurrencyLotSize = MarketInfo(Symbol(),MODE_LOTSIZE);
if(MM_LotStep == 0.01) {MM_Decimals = 2;}
if(MM_LotStep == 0.1) {MM_Decimals = 1;}
if (UseMoneyMgmt == true)
{
OrderLotSize = AccountEquity() * (RiskPercent * 0.01) / (MM_CurrencyLotSize / MM_AcctLeverage);
OrderLotSize = StrToDouble(DoubleToStr(OrderLotSize,MM_Decimals));
}
else
{
OrderLotSize = LotSize;
}
if (OrderLotSize < MM_MinLotSize) {OrderLotSize = MM_MinLotSize;}
if (OrderLotSize > MM_MaxLotSize) {OrderLotSize = MM_MaxLotSize;}
return(OrderLotSize);
}
//+------------------------------------------------------------------+
//| Check Open Position Controls |
//+------------------------------------------------------------------+
int CheckOpenPositions(int cmd)
{
int cnt, total;
int NumTrades;
NumTrades = 0;
total=OrdersTotal();
for(cnt=OrdersTotal()-1;cnt>=0;cnt--)
{
OrderSelect (cnt, SELECT_BY_POS, MODE_TRADES);
if ( OrderSymbol() != Symbol()) continue;
if ( OrderMagicNumber() != MagicNumber) continue;
if(OrderType() == cmd ) NumTrades++;
}
return (NumTrades);
}
//----- Order Processing Functions
void CloseLongs(int MagicNumber)
{
int trade;
for(trade=OrdersTotal()-1;trade>=0;trade--)
{
if(OrderSelect(trade,SELECT_BY_POS,MODE_TRADES)==false)
continue;
if(OrderSymbol()!=Symbol()||OrderMagicNumber()!=MagicNumber)
continue;
if(OrderSymbol()==Symbol()&&OrderMagicNumber()==MagicNumber)
if(OrderType()==OP_BUY)
OrderClose(OrderTicket(),OrderLots(),Bid,Slippage,Blue);
}//for
}
void CloseShorts(int MagicNumber)
{
int trade;
for(trade=OrdersTotal()-1;trade>=0;trade--)
{
if(OrderSelect(trade,SELECT_BY_POS,MODE_TRADES)==false)
continue;
if(OrderSymbol()!=Symbol()||OrderMagicNumber()!=MagicNumber)
continue;
if(OrderSymbol()==Symbol()&&OrderMagicNumber()==MagicNumber)
if(OrderType()==OP_SELL)
OrderClose(OrderTicket(),OrderLots(),Ask,Slippage,Red);
}//for
}
int OpenPendingOrder(int pType,double pLots,double pLevel,int sp, double pr, int sl, int tp,string pComment,int pMagic,datetime pExpiration,color pColor)
{
int ticket=0;
int err=0;
int c = 0;
int NumberOfTries = 10;
switch (pType)
{
case OP_BUY:
for(c = 0 ; c < NumberOfTries ; c++)
{
RefreshRates();
ticket=OrderSend(Symbol(),OP_BUY,pLots,Ask,sp,StopLong(Bid,sl),TakeLong(Bid,tp),pComment,pMagic,pExpiration,pColor);
if (ticket > 0) break;
err=GetLastError();
if(err==0)
{
break;
}
else
{
if(err==4 || err==137 ||err==146 || err==136) //Busy errors
{
Sleep(5000);
continue;
}
else //normal error
{
Print("Error Code= ", err);
break;
}
}
}
break;
case OP_SELL:
for(c = 0 ; c < NumberOfTries ; c++)
{
RefreshRates();
ticket=OrderSend(Symbol(),OP_SELL,pLots,Bid,sp,StopShort(Ask,sl),TakeShort(Ask,tp),pComment,pMagic,pExpiration,pColor);
if (ticket > 0) break;
err=GetLastError();
if(err==0)
{
break;
}
else
{
if(err==4 || err==137 ||err==146 || err==136) //Busy errors
{
Sleep(5000);
continue;
}
else //normal error
{
Print("Error Code= ", err);
break;
}
}
}
break;
}
return(ticket);
}
double StopLong(double price,int stop)
{
if(stop==0)
return(0);
else
return(price-(stop*Point));
}
double StopShort(double price,int stop)
{
if(stop==0)
return(0);
else
return(price+(stop*Point));
}
double TakeLong(double price,int take)
{
if(take==0)
return(0);
else
return(price+(take*Point));
}
double TakeShort(double price,int take)
{
if(take==0)
return(0);
else
return(price-(take*Point));
}
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Indicators Used:
Moving average indicator
Relative strength index
Parabolic Stop and Reverse system
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It can change open orders parameters, due to possible stepping strategy
It Closes Orders by itself
It automatically opens orders when conditions are reached
Other Features:
