/*-----------------------------+ | | | Shared by www.Aptrafx.com | | | +------------------------------*/ /* +--------+ |Divergence Trader -- v11 has no divergence. How 'bout that! +--------+ */ #property copyright "Ron Thompson" #property link "http://www.lightpatch.com/forex" // user input extern double Lots=0.01; // how many lots to trade at a time extern int MA_Period=88; extern int MA_Price = PRICE_OPEN; extern int MA_Mode = MODE_EMA; extern double ProfitMade=20; // how much money do you expect to make extern double LossLimit=115; // how much loss can you tolorate //extern int BasketProfit=10; // if equity reaches this level, close trades //extern int BasketLoss=9999; // if equity reaches this negative level, close trades extern int PLBreakEven=9999; // set break even when this many pips are made (999=off) int Slippage=2; // how many pips of slippage can you tolorate // naming and numbering int MagicNumber = 200601182020; // allows multiple experts to trade on same account string TradeComment = "Divergence_07_"; // Bar handling datetime bartime=0; // used to determine when a bar has moved int bartick=0; // number of times bars have moved int objtick=0; // used to draw objects on the chart int tickcount=0; // Trade control bool TradeAllowed=true; // used to manage trades //+-------------+ //| Custom init | //|-------------+ // Called ONCE when EA is added to chart or recompiled int init() { int i; string o; //remove the old objects for(i=0; i<Bars; i++) { o=DoubleToStr(i,0); ObjectDelete("myx"+o); ObjectDelete("myz"+o); } objtick=0; ObjectDelete("Cmmt"); ObjectCreate( "Cmmt", OBJ_TEXT, 0, Time[20], High[20]+(5*Point) ); ObjectSetText("Cmmt","Divergence=X.XXXX",10,"Arial",White); Print("Init happened ",CurTime()); Comment(" "); } //+----------------+ //| Custom DE-init | //+----------------+ // Called ONCE when EA is removed from chart int deinit() { int i; string o; //remove the old objects for(i=0; i<Bars; i++) { o=DoubleToStr(i,0); ObjectDelete("myx"+o); ObjectDelete("myz"+o); } objtick=0; Print("DE-Init happened ",CurTime()); Comment(" "); } //+-----------+ //| Main | //+-----------+ // Called EACH TICK and each Bar[] int start() { double p=Point; double spread=Ask-Bid; int cnt=0; int gle=0; int OrdersPerSymbol=0; // stoploss and takeprofit and close control double SL=0; double TP=0; double CurrentProfit=0; double CurrentBasket=0; // direction control bool BUYme=false; bool SELLme=false; // Trade stuff double ma0; double maHI; double maLO; double maOPEN; // bar counting if(bartime!=Time[0]) { bartime=Time[0]; bartick++; objtick++; TradeAllowed=true; } OrdersPerSymbol=0; for(cnt=OrdersTotal();cnt>=0;cnt--) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if( OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber) { OrdersPerSymbol++; } } //+-----------------------------+ //| Insert your indicator here | //| And set either BUYme or | //| SELLme true to place orders | //+-----------------------------+ // high and low of [1] and open of [0] either above or below the MA maHI=High[1]; maLO=Low[1]; maOPEN=Open[0]; ma0=iMA(Symbol(),0,MA_Period,0,MA_Mode,MA_Price,0); if(maHI>ma0 && maLO>ma0 && maOPEN>ma0) BUYme=true; if(maHI<ma0 && maLO<ma0 && maOPEN<ma0) SELLme=true; //+------------+ //| End Insert | //+------------+ //ENTRY LONG (buy, Ask) if(TradeAllowed && BUYme) { //Ask(buy, long) if(LossLimit ==0) SL=0; else SL=Ask-( (LossLimit +7)*Point ); if(ProfitMade==0) TP=0; else TP=Ask+( (ProfitMade+7)*Point ); OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,SL,TP,TradeComment,MagicNumber,White); gle=GetLastError(); if(gle==0) { Print("BUY Ask=",Ask," bartick=",bartick); ObjectCreate("myx"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], High[0]+(5*p)); ObjectSetText("myx"+DoubleToStr(objtick,0),"B",15,"Arial",Red); bartick=0; TradeAllowed=false; } else { Print("-----ERROR----- BUY Ask=",Ask," error=",gle," bartick=",bartick); } } //ENTRY SHORT (sell, Bid) if(TradeAllowed && SELLme) { //Bid (sell, short) if(LossLimit ==0) SL=0; else SL=Bid+((LossLimit+7)*Point ); if(ProfitMade==0) TP=0; else TP=Bid-((ProfitMade+7)*Point ); OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,SL,TP,TradeComment,MagicNumber,Red); gle=GetLastError(); if(gle==0) { Print("SELL Bid=",Bid," bartick=",bartick); ObjectCreate("myx"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], High[0]+(5*p)); ObjectSetText("myx"+DoubleToStr(objtick,0),"S",15,"Arial",Red); bartick=0; TradeAllowed=false; } else { Print("-----ERROR----- SELL Bid=",Bid," error=",gle," bartick=",bartick); } } //Basket profit or loss //CurrentBasket=AccountEquity()-AccountBalance(); //if( CurrentBasket>=BasketProfit || CurrentBasket<=(BasketLoss*(-1)) ) // { // CloseEverything(); // } // CLOSE order if profit target made for(cnt=OrdersTotal();cnt>=0;cnt--) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if( OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber ) { if(OrderType()==OP_BUY) { CurrentProfit=Bid-OrderOpenPrice() ; // modify for break even if (CurrentProfit >= PLBreakEven*p && OrderOpenPrice()>OrderStopLoss()) { SL=OrderOpenPrice()+(spread*2); TP=OrderTakeProfit(); OrderModify(OrderTicket(),OrderOpenPrice(),SL,TP, White); gle=GetLastError(); if(gle==0) { Print("MODIFY BREAKEVEN BUY Bid=",Bid," bartick=",bartick); ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p)); ObjectSetText("myz"+DoubleToStr(objtick,0),"BE",15,"Arial",White); } else { Print("-----ERROR----- MODIFY BREAKEVEN BUY Bid=",Bid," error=",gle," bartick=",bartick); } } // did we make our desired BUY profit // or did we hit the BUY LossLimit if((ProfitMade>0 && CurrentProfit>=(ProfitMade*p)) || (LossLimit>0 && CurrentProfit<=((LossLimit*(-1))*p)) ) { OrderClose(OrderTicket(),Lots,Bid,Slippage,White); gle=GetLastError(); if(gle==0) { Print("CLOSE BUY Bid=",Bid," bartick=",bartick); ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p)); ObjectSetText("myz"+DoubleToStr(objtick,0),"C",15,"Arial",White); } else { Print("-----ERROR----- CLOSE BUY Bid=",Bid," error=",gle," bartick=",bartick); } } } // if BUY if(OrderType()==OP_SELL) { CurrentProfit=OrderOpenPrice()-Ask; // modify for break even if (CurrentProfit >= PLBreakEven*p && OrderOpenPrice()<OrderStopLoss()) { SL=OrderOpenPrice()-(spread*2); TP=OrderTakeProfit(); OrderModify(OrderTicket(),OrderOpenPrice(),SL,TP, Red); gle=GetLastError(); if(gle==0) { Print("MODIFY BREAKEVEN SELL Ask=",Ask," bartick=",bartick); ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p)); ObjectSetText("myz"+DoubleToStr(objtick,0),"BE",15,"Arial",Red); } else { Print("-----ERROR----- MODIFY BREAKEVEN SELL Ask=",Ask," error=",gle," bartick=",bartick); } } // did we make our desired SELL profit? if( (ProfitMade>0 && CurrentProfit>=(ProfitMade*p)) || (LossLimit>0 && CurrentProfit<=((LossLimit*(-1))*p)) ) { OrderClose(OrderTicket(),Lots,Ask,Slippage,Red); gle=GetLastError(); if(gle==0) { Print("CLOSE SELL Ask=",Ask," bartick=",bartick); ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p)); ObjectSetText("myz"+DoubleToStr(objtick,0),"C",15,"Arial",Red); } else { Print("-----ERROR----- CLOSE SELL Ask=",Ask," error=",gle," bartick=",bartick); } } } //if SELL } // if(OrderSymbol) } // for } // start() //+-----------------+ //| CloseEverything | //+-----------------+ // Closes all OPEN and PENDING orders int CloseEverything() { double myAsk; double myBid; int myTkt; double myLot; int myTyp; int i; bool result = false; for(i=OrdersTotal();i>=0;i--) { OrderSelect(i, SELECT_BY_POS); myAsk=MarketInfo(OrderSymbol(),MODE_ASK); myBid=MarketInfo(OrderSymbol(),MODE_BID); myTkt=OrderTicket(); myLot=OrderLots(); myTyp=OrderType(); switch( myTyp ) { //Close opened long positions case OP_BUY :result = OrderClose(myTkt, myLot, myBid, Slippage, Red); break; //Close opened short positions case OP_SELL :result = OrderClose(myTkt, myLot, myAsk, Slippage, Red); break; //Close pending orders case OP_BUYLIMIT : case OP_BUYSTOP : case OP_SELLLIMIT: case OP_SELLSTOP :result = OrderDelete( OrderTicket() ); } if(result == false) { Alert("Order " , myTkt , " failed to close. Error:" , GetLastError() ); Print("Order " , myTkt , " failed to close. Error:" , GetLastError() ); Sleep(3000); } Sleep(1000); } //for } // closeeverything
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains open time of each bar
Series array that contains the lowest prices of each bar
Series array that contains open 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 can change open orders parameters, due to possible stepping strategy
It Closes Orders by itself
Other Features:
It issuies visual alerts to the screen