//+------------------------------------------------------------------+
//| 5MRsiPointBackUSDJPY.mq4 |
//| Copyright © 2009, Shane Donaldson |
//| Me@Home |
//+------------------------------------------------------------------+
#define SIGNAL_NONE 0
#define SIGNAL_BUY 1
#define SIGNAL_SELL 2
#define SIGNAL_CLOSEBUY 3
#define SIGNAL_CLOSESELL 4
#property copyright "Shane Donaldson"
#property link "Me@Home"
extern int breakeven = 15;
extern int addbreak = 4;
extern int MagicNumber = 222;
extern bool SignalMail = False;
extern bool EachTickMode = True;
extern double Lots = 0.1;
extern int Slippage = 2;
extern bool UseStopLoss = True;
extern int StopLoss = 30;
extern bool UseTakeProfit = True;
extern int TakeProfit = 20;
extern bool UseTrailingStop = False;
extern int TrailingStop = 15;
extern bool UseDayOfWeek = False;
extern int FromDayTrade = 1; //Sunday = 0
extern int ToDayTrade = 5;
datetime Timestamp = 0;
int BarCount;
int Current;
bool TickCheck = False;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
void UseTrailingStop()
{
for (int i = 0; i < OrdersTotal(); i++) {
OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
if ( OrderSymbol()==Symbol() )
{
if (OrderType() == OP_BUY) {
if (Bid - OrderOpenPrice() > TrailingStop * MarketInfo(OrderSymbol(), MODE_POINT)) {
if (OrderStopLoss() < Bid - TrailingStop * MarketInfo(OrderSymbol(), MODE_POINT)) {
OrderModify(OrderTicket(), OrderOpenPrice(), Bid - TrailingStop * MarketInfo(OrderSymbol(), MODE_POINT), OrderTakeProfit(), Red);
}
}
} else if (OrderType() == OP_SELL) {
if (OrderOpenPrice() - Ask > TrailingStop * MarketInfo(OrderSymbol(), MODE_POINT)) {
if ((OrderStopLoss() > Ask + TrailingStop * MarketInfo(OrderSymbol(), MODE_POINT)) ||
(OrderStopLoss() == 0)) {
OrderModify(OrderTicket(), OrderOpenPrice(),
Ask + TrailingStop * MarketInfo(OrderSymbol(), MODE_POINT), OrderTakeProfit(), Red);
}
}
}
}
}
}
int init() {
BarCount = Bars;
if (EachTickMode) Current = 0; else Current = 1;
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit() {
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start() {
if (UseTrailingStop) UseTrailingStop();
if(breakeven != 0) activatebreakeven(MagicNumber);
if(Timestamp != iTime(NULL,0,0))
{
Timestamp = iTime(NULL,0,0);
int Order = SIGNAL_NONE;
int Total, Ticket;
double StopLossLevel, TakeProfitLevel;
if (EachTickMode && Bars != BarCount) TickCheck = False;
Total = OrdersTotal();
Order = SIGNAL_NONE;
}
if (UseDayOfWeek){
if((DayOfWeek()>=FromDayTrade)&&(DayOfWeek()<=ToDayTrade))
Comment("Within Trading Day");
else
{
Comment("Non-trading Day");
return(0);
}
}
//+------------------------------------------------------------------+
//| Variable Begin |
//+------------------------------------------------------------------+
double Buy1_1 = iRSI(NULL, 0, 14, PRICE_CLOSE, Current + 0);
double Buy1_2 = 15;
double Buy2_1 = iBands(NULL, 0, 20, 2, 0, PRICE_CLOSE, MODE_LOWER, Current + 0);
double Buy2_2 = iClose(NULL, 0, Current + 0) + (12 * Point);
double Sell1_1 = iRSI(NULL, 0, 14, PRICE_CLOSE, Current + 0);
double Sell1_2 = 85;
double Sell2_1 = iBands(NULL, 0, 20, 2, 0, PRICE_CLOSE, MODE_UPPER, Current + 0);
double Sell2_2 = iClose(NULL, 0, Current + 0) + (-12 * Point);
//+------------------------------------------------------------------+
//| Variable End |
//+------------------------------------------------------------------+
//Check position
bool IsTrade = False;
for (int i = 0; i < Total; i ++) {
OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
if(OrderType() <= OP_SELL && OrderSymbol() == Symbol()) {
IsTrade = True;
if(OrderType() == OP_BUY) {
//Close
//+------------------------------------------------------------------+
//| Signal Begin(Exit Buy) |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//| Signal End(Exit Buy) |
//+------------------------------------------------------------------+
if (Order == SIGNAL_CLOSEBUY && ((EachTickMode && !TickCheck) || (!EachTickMode && (Bars != BarCount)))) {
OrderClose(OrderTicket(), OrderLots(), Bid, Slippage, MediumSeaGreen);
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Bid, Digits) + " Close Buy");
if (!EachTickMode) BarCount = Bars;
IsTrade = False;
continue;
}
} else {
//Close
//+------------------------------------------------------------------+
//| Signal Begin(Exit Sell) |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//| Signal End(Exit Sell) |
//+------------------------------------------------------------------+
if (Order == SIGNAL_CLOSESELL && ((EachTickMode && !TickCheck) || (!EachTickMode && (Bars != BarCount)))) {
OrderClose(OrderTicket(), OrderLots(), Ask, Slippage, DarkOrange);
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Ask, Digits) + " Close Sell");
if (!EachTickMode) BarCount = Bars;
IsTrade = False;
continue;
}
}
}
}
//+------------------------------------------------------------------+
//| Signal Begin(Entry) |
//+------------------------------------------------------------------+
if (Buy1_1 <= Buy1_2 && Buy2_1 >= Buy2_2) Order = SIGNAL_BUY;
if (Sell1_1 >= Sell1_2 && Sell2_1 <= Sell2_2) Order = SIGNAL_SELL;
//+------------------------------------------------------------------+
//| Signal End |
//+------------------------------------------------------------------+
//Buy
if (Order == SIGNAL_BUY && ((EachTickMode && !TickCheck) || (!EachTickMode && (Bars != BarCount)))) {
if(!IsTrade) {
//Check free margin
if (AccountFreeMargin() < (1000 * Lots)) {
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}
if (UseStopLoss) StopLossLevel = Ask - StopLoss * Point; else StopLossLevel = 0.0;
if (UseTakeProfit) TakeProfitLevel = Ask + TakeProfit * Point; else TakeProfitLevel = 0.0;
Ticket = OrderSend(Symbol(), OP_BUY, Lots, Ask, Slippage, StopLossLevel, TakeProfitLevel, "Buy(#" + MagicNumber + ")", MagicNumber, 0, DodgerBlue);
if(Ticket > 0) {
if (OrderSelect(Ticket, SELECT_BY_TICKET, MODE_TRADES)) {
Print("BUY order opened : ", OrderOpenPrice());
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Ask, Digits) + " Open Buy");
} else {
Print("Error opening BUY order : ", GetLastError());
}
}
if (EachTickMode) TickCheck = True;
if (!EachTickMode) BarCount = Bars;
return(0);
}
}
//Sell
if (Order == SIGNAL_SELL && ((EachTickMode && !TickCheck) || (!EachTickMode && (Bars != BarCount)))) {
if(!IsTrade) {
//Check free margin
if (AccountFreeMargin() < (1000 * Lots)) {
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}
if (UseStopLoss) StopLossLevel = Bid + StopLoss * Point; else StopLossLevel = 0.0;
if (UseTakeProfit) TakeProfitLevel = Bid - TakeProfit * Point; else TakeProfitLevel = 0.0;
Ticket = OrderSend(Symbol(), OP_SELL, Lots, Bid, Slippage, StopLossLevel, TakeProfitLevel, "Sell(#" + MagicNumber + ")", MagicNumber, 0, DeepPink);
if(Ticket > 0) {
if (OrderSelect(Ticket, SELECT_BY_TICKET, MODE_TRADES)) {
Print("SELL order opened : ", OrderOpenPrice());
if (SignalMail) SendMail("[Signal Alert]", "[" + Symbol() + "] " + DoubleToStr(Bid, Digits) + " Open Sell");
} else {
Print("Error opening SELL order : ", GetLastError());
}
}
if (EachTickMode) TickCheck = True;
if (!EachTickMode) BarCount = Bars;
return(0);
}
}
if (!EachTickMode) BarCount = Bars;
return(0);
}
//Breakeven
void activatebreakeven(int MagicNumber)
{
for(int i=0;i<OrdersTotal();i++)
{
if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES)==false) break;
if((OrderMagicNumber()!= MagicNumber || OrderSymbol()!=Symbol()))continue;
if(OrderType() == OP_BUY)
{
if((Bid-OrderOpenPrice()) > (Point*breakeven) && (OrderStopLoss()< OrderOpenPrice()))
OrderModify(OrderTicket(),OrderOpenPrice(),OrderOpenPrice()+(Point*addbreak),OrderTakeProfit(),0,Lime);
}
if(OrderType() == OP_SELL)
{
if((OrderOpenPrice()-Ask) > (Point*breakeven) && (OrderStopLoss()> OrderOpenPrice()))
OrderModify(OrderTicket(),OrderOpenPrice(),OrderOpenPrice()-(Point*addbreak),OrderTakeProfit(),0,Red);
}
}
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains close prices for each bar
Indicator Curves created:
Indicators Used:
Relative strength index
Bollinger bands indicator
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:
It sends emails
