//+------------------------------------------------------------------+ //| MaChannel.mq4 | //| Coders Guru | //| http://www.forex-tsd.com | //+------------------------------------------------------------------+ #property copyright "Coders Guru" #property link "http://www.forex-tsd.com" //---- Includes #include <stdlib.mqh> //---- Trades limits extern double TakeProfit = 200; extern double TrailingStop = 50; extern double StopLoss = 100; extern double Lots = 0.1; extern int Slippage = 5; //--- External options extern int CurrentBar = 1; extern double Expiration = 7200; extern int HedgeLevel = 6; extern int Size = 4; extern int Step = 1; extern bool UseClose = true; //--- Indicators settings extern int USMA = 10; extern int LSMA = 8; //--- Global variables int MagicNumber = 101050; string ExpertComment = "MaChannel"; bool LimitPairs = true; bool LimitFrame = true; int TimeFrame = 60; //Works with 1 hour timeframe only! string LP[] = {"EURUSD","EURGBP","USDCHF"}; // add/remove the paris you want to limit. bool Optimize = false; int NumberOfTries = 5; //+------------------------------------------------------------------ int init() { return(0); } int deinit() { return(0); } //+------------------------------------------------------------------ bool isNewSymbol(string current_symbol) { //loop through all the opened order and compare the symbols int total = OrdersTotal(); for(int cnt = 0 ; cnt < total ; cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); string selected_symbol = OrderSymbol(); if (current_symbol == selected_symbol && OrderMagicNumber()==MagicNumber) return (False); } return (True); } //+------------------------------------------------------------------+ int start() { int cnt, ticket, total,n; double trend1,trend2,trend3,trend4 ; if(Bars<100) {Print("bars less than 100"); return(0);} if(LimitFrame) { if(Period()!=TimeFrame) {Print("This EA is not working with this TimeFrame!"); return(0);} } if(LimitPairs) { if(AllowedPair(Symbol()) == false) {Print("This EA is not working with this Currency!"); return(0);} } trend1 = iMA(NULL,0,LSMA,0,MODE_SMA,PRICE_LOW,CurrentBar); trend2 = iMA(NULL,0,LSMA,0,MODE_SMA,PRICE_LOW,CurrentBar+1); trend3 = iMA(NULL,0,USMA,0,MODE_SMA,PRICE_HIGH,CurrentBar); trend4 = iMA(NULL,0,USMA,0,MODE_SMA,PRICE_HIGH,CurrentBar+1); //--- Trading conditions bool BuyCondition = false , SellCondition = false , CloseBuyCondition = false , CloseSellCondition = false ; if (High[CurrentBar] < trend1 && High[CurrentBar+1] < trend2) BuyCondition = true; if (Low[CurrentBar] > trend3 && Low[CurrentBar+1] > trend4) SellCondition = true; if (SellCondition) CloseBuyCondition = true; if (BuyCondition) CloseSellCondition = true; total = OrdersTotal(); if(total < 1 || isNewSymbol(Symbol())) { if(BuyCondition) //<-- BUY condition { ticket = OpenOrder(OP_BUY); //<-- Open BUY order CheckError(ticket,"BUY"); for(n=0 ; n< Size ; n++) { ticket = OpenPendingOrder(OP_BUYSTOP,Lots,HedgeLevel+(n*Step+1),Slippage,StopLoss,TakeProfit,ExpertComment,MagicNumber,CurTime() + Expiration); } return(0); } if(SellCondition) //<-- SELL condition { ticket = OpenOrder(OP_SELL); //<-- Open SELL order for(n=0 ; n < Size ; n++) { ticket = OpenPendingOrder(OP_SELLSTOP,Lots,HedgeLevel+(n*Step+1),Slippage,StopLoss,TakeProfit,ExpertComment,MagicNumber,CurTime() + Expiration); } return(0); } return(0); } for(cnt=0;cnt<total;cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if(OrderType()<=OP_SELL && OrderSymbol()==Symbol()) { if(OrderType()==OP_BUY) //<-- Long position is opened { if(UseClose) { if(CloseBuyCondition) //<-- Close the order and exit! { CloseOrder(OrderType()); return(0); } } TrailOrder(OrderType()); return(0); //<-- Trailling the order } if(OrderType()==OP_SELL) //<-- Go to short position { if(UseClose) { if(CloseSellCondition) //<-- Close the order and exit! { CloseOrder(OP_SELL); return(0); } } TrailOrder(OrderType()); return(0); //<-- Trailling the order } } } return(0); } //+------------------------------------------------------------------+ int OpenOrder(int type) { int ticket=0; int err=0; int c = 0; if(type==OP_BUY) { for(c = 0 ; c < NumberOfTries ; c++) { ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,Ask-StopLoss*Point,Ask+TakeProfit*Point,ExpertComment,MagicNumber,0,Green); err=GetLastError(); if(err==0) { break; } else { if(err==4 || err==137 ||err==146 || err==136) //Busy errors { Sleep(5000); continue; } else //normal error { break; } } } } if(type==OP_SELL) { for(c = 0 ; c < NumberOfTries ; c++) { ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,Bid+StopLoss*Point,Bid-TakeProfit*Point,ExpertComment,MagicNumber,0,Red); err=GetLastError(); if(err==0) { break; } else { if(err==4 || err==137 ||err==146 || err==136) //Busy errors { Sleep(5000); continue; } else //normal error { break; } } } } return(ticket); } int OpenPendingOrder(int pType=OP_BUYLIMIT,double pLots=1,double pLevel=5,int sp=0, double sl=0,double tp=0,string pComment="",int pMagic=123,datetime pExpiration=0,color pColor=Yellow) { int ticket=0; int err=0; int c = 0; switch (pType) { case OP_BUYLIMIT: for(c = 0 ; c < NumberOfTries ; c++) { ticket=OrderSend(Symbol(),OP_BUYLIMIT,pLots,Ask-pLevel*Point,sp,(Ask-pLevel*Point)-sl*Point,(Ask-pLevel*Point)+tp*Point,pComment,pMagic,pExpiration,pColor); err=GetLastError(); if(err==0) { break; } else { if(err==4 || err==137 ||err==146 || err==136) //Busy errors { Sleep(5000); continue; } else //normal error { break; } } } break; case OP_BUYSTOP: for(c = 0 ; c < NumberOfTries ; c++) { ticket=OrderSend(Symbol(),OP_BUYSTOP,pLots,Ask+pLevel*Point,sp,(Ask+pLevel*Point)-sl*Point,(Ask+pLevel*Point)+tp*Point,pComment,pMagic,pExpiration,pColor); err=GetLastError(); if(err==0) { break; } else { if(err==4 || err==137 ||err==146 || err==136) //Busy errors { Sleep(5000); continue; } else //normal error { break; } } } break; case OP_SELLLIMIT: for(c = 0 ; c < NumberOfTries ; c++) { ticket=OrderSend(Symbol(),OP_SELLLIMIT,pLots,Bid+pLevel*Point,sp,(Bid+pLevel*Point)+sl*Point,(Bid+pLevel*Point)-tp*Point,pComment,pMagic,pExpiration,pColor); err=GetLastError(); if(err==0) { break; } else { if(err==4 || err==137 ||err==146 || err==136) //Busy errors { Sleep(5000); continue; } else //normal error { break; } } } break; case OP_SELLSTOP: for(c = 0 ; c < NumberOfTries ; c++) { ticket=OrderSend(Symbol(),OP_SELLSTOP,pLots,Bid-pLevel*Point,sp,(Bid-pLevel*Point)+sl*Point,(Bid-pLevel*Point)-tp*Point,pComment,pMagic,pExpiration,pColor); err=GetLastError(); if(err==0) { break; } else { if(err==4 || err==137 ||err==146 || err==136) //Busy errors { Sleep(5000); continue; } else //normal error { break; } } } break; } return(ticket); } bool CloseOrder(int type) { if(OrderMagicNumber() == MagicNumber) { if(type==OP_BUY) return (OrderClose(OrderTicket(),OrderLots(),Bid,Slippage,Violet)); if(type==OP_SELL) return (OrderClose(OrderTicket(),OrderLots(),Ask,Slippage,Violet)); } } void TrailOrder(int type) { if(TrailingStop>0) { if(OrderMagicNumber() == MagicNumber) { if(type==OP_BUY) { if(Bid-OrderOpenPrice()>Point*TrailingStop) { if(OrderStopLoss()<Bid-Point*TrailingStop) { OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Green); } } } if(type==OP_SELL) { if((OrderOpenPrice()-Ask)>(Point*TrailingStop)) { if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0)) { OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red); } } } } } } void CheckError(int ticket, string Type) { if(ticket>0) { if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print(Type + " order opened : ",OrderOpenPrice()); } else Print("Error opening " + Type + " order : ", ErrorDescription(GetLastError())); } bool AllowedPair(string pair) { bool result=false; for (int n = 0 ; n < ArraySize(LP); n++) { if(Symbol() == LP[n]) { result = true; } } return (result); }
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:
Moving average indicator
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
It can change open orders parameters, due to possible stepping strategy
Other Features: