//+------------------------------------------------------------------+
//| US-HEDGE.mq4 |
//| Copyright © 2008, LEGRUPO |
//| http://www.legrupo.com |
//| Version: 1.0 |
//| History: |
//| 1.0 => Release version to the public |
//+------------------------------------------------------------------+
#include <WinUser32.mqh>
#include <stderror.mqh>
#include <stdlib.mqh>
#property copyright "Copyright © 2007, LEGRUPO"
#property link "http://www.legrupo.com"
int ExpertID = 282950;
extern double LotSize = 0.01;
extern double TakeProfit = 200.0;
extern bool useTakeProfit = false;
extern double StopLoss = 0.0;
extern bool useStopLoss = false;
extern int Slippage = 1;
extern int OpenTradesHour = 14;
extern int CloseTradesHour = 12;
extern bool UseMoneyManagement = true;
extern bool AccountIsMicro = true;
extern int Risk = 10; // risk in percentage % (10% of risk in this case)
extern string PairsToHedge = "--If you account is mini add m--";
extern string symbol1 = "EURUSDm";
extern string symbol2 = "GBPUSDm";
extern string symbol3 = "USDCHFm";
extern string symbol4 = "USDJPYm";
extern color clOpenBuy = CLR_NONE;
extern color clSellBuy = CLR_NONE;
color ExitLongColor = CLR_NONE;
color ExitShortColor = CLR_NONE;
extern string BuyComment = "US-HEDGE BUY";
extern string SellComment = "US-HEDGE SELL";
int MagicNumber;
double Price[2];
int giSlippage;
int iOrders, i, ticket_symbol1, ticket_symbol2, ticket_symbol3, ticket_symbol4;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
//----
iOrders=OrdersTotal()-1;
MagicNumber = MakeMagicNumber();
if(UseMoneyManagement==true) {
LotSize = DefineLotSize(); //Adjust the lot size total
}
if (Hour() == OpenTradesHour) {
Comment("Time to open trades");
string result = "";
double buy_price = MarketInfo(symbol1,MODE_ASK);
result = symbol1+" price: "+buy_price+"\n";
double sl = 0.0;
double tp = 0.0;
if (OrderSelect(ticket_symbol1, SELECT_BY_TICKET, MODE_TRADES) == false) {
if (useStopLoss) {
sl = buy_price-StopLoss*MarketInfo(symbol1,MODE_POINT);
} else {
sl = 0;
}
if (useTakeProfit) {
tp = buy_price+TakeProfit*MarketInfo(symbol1,MODE_POINT);
} else {
tp = 0;
}
ticket_symbol1 = OrderSend(symbol1,OP_BUY,LotSize,buy_price,Slippage,sl,tp,"",MagicNumber,0,CLR_NONE);
if(ticket_symbol1<0)
{
Alert(symbol1+" OrderSend failed with error #",ErrorDescription(GetLastError()));
}
}
if (OrderSelect(ticket_symbol2, SELECT_BY_TICKET, MODE_TRADES) == false) {
//symbol2 price
buy_price = MarketInfo(symbol2,MODE_ASK);
result = StringConcatenate(result,symbol2," price: ",buy_price,"\n");
if (useStopLoss) {
sl = buy_price-StopLoss*MarketInfo(symbol2,MODE_POINT);
} else {
sl = 0;
}
if (useTakeProfit) {
tp = buy_price+TakeProfit*MarketInfo(symbol2,MODE_POINT);
} else {
tp = 0;
}
ticket_symbol2 = OrderSend(symbol1,OP_BUY,LotSize,buy_price,Slippage,sl,tp,"",MagicNumber,0,CLR_NONE);
if(ticket_symbol2<0)
{
Alert(symbol2+" OrderSend failed with error #",ErrorDescription(GetLastError()));
}
}
if (OrderSelect(ticket_symbol3, SELECT_BY_TICKET, MODE_TRADES) == false) {
//symbol3 price
buy_price = MarketInfo(symbol3,MODE_ASK);
result = StringConcatenate(result,symbol3," price: ",buy_price,"\n");
if (useStopLoss) {
sl = buy_price-StopLoss*MarketInfo(symbol3,MODE_POINT);
} else {
sl = 0;
}
if (useTakeProfit) {
tp = buy_price+TakeProfit*MarketInfo(symbol3,MODE_POINT);
} else {
tp = 0;
}
ticket_symbol3 = OrderSend(symbol1,OP_BUY,LotSize,buy_price,Slippage,sl,tp,"",MagicNumber,0,CLR_NONE);
if(ticket_symbol3<0)
{
Alert(symbol3+" OrderSend failed with error #",ErrorDescription(GetLastError()));
}
}
if (OrderSelect(ticket_symbol4, SELECT_BY_TICKET, MODE_TRADES) == false) {
//symbol4 price
buy_price = MarketInfo(symbol4,MODE_ASK);
result = StringConcatenate(result,symbol4," price: ",buy_price,"\n");
if (useStopLoss) {
sl = buy_price-StopLoss*MarketInfo(symbol4,MODE_POINT);
} else {
sl = 0;
}
if (useTakeProfit) {
tp = buy_price+TakeProfit*MarketInfo(symbol4,MODE_POINT);
} else {
tp = 0;
}
ticket_symbol4 = OrderSend(symbol1,OP_BUY,LotSize,buy_price,Slippage,sl,tp,"",MagicNumber,0,CLR_NONE);
if(ticket_symbol4<0)
{
Alert(symbol4+" OrderSend failed with error #",ErrorDescription(GetLastError()));
}
}
Comment(result);
}
if (Hour() == CloseTradesHour) {
Comment("Time to close trades");
CloseOpenedOrders();
}
//----
return(0);
}
//+------------------------------------------------------------------+
void CloseOpenedOrders() {
//WindowScreenShot(Symbol()+"_closeopenedorders_"+Day()+"."+Hour()+"."+Minute()+"."+Seconds()+".gif",640,480);
for(i=iOrders; i>=0; i--) {
if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES) && (OrderMagicNumber() == MagicNumber)) {
if((OrderType()<=OP_SELL) && GetMarketInfo()) {
if(!OrderClose(OrderTicket(),OrderLots(),Price[1-OrderType()],giSlippage)) Alert(ErrorDescription(GetLastError()));
}
}
}
}
//+------------------------------------------------------------------+
//| Calculate concurrent Long position |
//+------------------------------------------------------------------+
int CountLongs(int MagicNumber)
{
int count=0;
int trade;
int trades=OrdersTotal();
for(trade=0;trade<trades;trade++)
{
OrderSelect(trade,SELECT_BY_POS,MODE_TRADES);
if( OrderSymbol()!=Symbol() || OrderMagicNumber() != MagicNumber )
continue;
if(OrderType()==OP_BUY || OrderType()==OP_BUYSTOP || OrderType()==OP_BUYLIMIT)
count++;
}//for
return(count);
}
//+------------------------------------------------------------------+
//| Calculate concurrent short position |
//+------------------------------------------------------------------+
int CountShorts(int MagicNumber)
{
int count=0;
int trade;
int trades=OrdersTotal();
for(trade=0;trade<trades;trade++)
{
OrderSelect(trade,SELECT_BY_POS,MODE_TRADES);
if(OrderSymbol()!=Symbol() || OrderMagicNumber() != MagicNumber )
continue;
if(OrderType()==OP_SELL || OrderType()==OP_SELLSTOP || OrderType()==OP_SELLLIMIT)
count++;
}//for
return(count);
}
//+------------------------------------------------------------------+
//| Function..: GetMarketInfo |
//| Returns...: bool Success. |
//+------------------------------------------------------------------+
bool GetMarketInfo() {
RefreshRates();
Price[0]=MarketInfo(OrderSymbol(),MODE_ASK);
Price[1]=MarketInfo(OrderSymbol(),MODE_BID);
double dPoint=MarketInfo(OrderSymbol(),MODE_POINT);
if(dPoint==0) return(false);
giSlippage=(Price[0]-Price[1])/dPoint;
return(Price[0]>0.0 && Price[1]>0.0);
}
//+------------------------------------------------------------------+
//| Make Magic Number |
//+------------------------------------------------------------------+
int MakeMagicNumber()
{
int SymbolCode = 0;
int PeriodCode = 0;
int MagicNumber = 0;
//---- Symbol Code
if( Symbol() == "AUDCAD" || Symbol() == "AUDCADm" ) { SymbolCode = 1000; }
else if( Symbol() == "AUDJPY" || Symbol() == "AUDJPYm" ) { SymbolCode = 2000; }
else if( Symbol() == "AUDNZD" || Symbol() == "AUDNZDm" ) { SymbolCode = 3000; }
else if( Symbol() == "AUDUSD" || Symbol() == "AUDUSDm" ) { SymbolCode = 4000; }
else if( Symbol() == "CHFJPY" || Symbol() == "CHFJPYm" ) { SymbolCode = 5000; }
else if( Symbol() == "EURAUD" || Symbol() == "EURAUDm" ) { SymbolCode = 6000; }
else if( Symbol() == "EURCAD" || Symbol() == "EURCADm" ) { SymbolCode = 7000; }
else if( Symbol() == "EURCHF" || Symbol() == "EURCHFm" ) { SymbolCode = 8000; }
else if( Symbol() == "EURGBP" || Symbol() == "EURGBPm" ) { SymbolCode = 9000; }
else if( Symbol() == "EURJPY" || Symbol() == "EURJPYm" ) { SymbolCode = 1000; }
else if( Symbol() == "EURUSD" || Symbol() == "EURUSDm" ) { SymbolCode = 1100; }
else if( Symbol() == "GBPCHF" || Symbol() == "GBPCHFm" ) { SymbolCode = 1200; }
else if( Symbol() == "GBPJPY" || Symbol() == "GBPJPYm" ) { SymbolCode = 1300; }
else if( Symbol() == "GBPUSD" || Symbol() == "GBPUSDm" ) { SymbolCode = 1400; }
else if( Symbol() == "NZDJPY" || Symbol() == "NZDJPYm" ) { SymbolCode = 1500; }
else if( Symbol() == "NZDUSD" || Symbol() == "NZDUSDm" ) { SymbolCode = 1600; }
else if( Symbol() == "USDCAD" || Symbol() == "USDCADm" ) { SymbolCode = 1700; }
else if( Symbol() == "USDCHF" || Symbol() == "USDCHFm" ) { SymbolCode = 1800; }
else if( Symbol() == "USDJPY" || Symbol() == "USDJPYm" ) { SymbolCode = 1900; }
//---- Calculate MagicNumber
MagicNumber = ExpertID+SymbolCode;
return(MagicNumber);
}
double DefineLotSize() {
double lotMM = MathCeil(AccountFreeMargin() * Risk / 1000) / 100;
if(AccountIsMicro==false) { //normal account
if (lotMM < 0.1) lotMM = LotSize;
if ((lotMM > 0.5) && (lotMM < 1)) lotMM=0.5;
if (lotMM > 1.0) lotMM = MathCeil(lotMM);
if (lotMM > 100) lotMM = 100;
} else { //micro account
if (lotMM < 0.01) lotMM = LotSize;
if (lotMM > 1.0) lotMM = MathCeil(lotMM);
if (lotMM > 100) lotMM = 100;
}
return (lotMM);
}
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It automatically opens orders when conditions are reached
It Closes Orders by itself
Other Features:
It issuies visual alerts to the screen
