Orders Execution
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MyMACD_1
//+------------------------------------------------------------------+
//| MACD Sample.mq4 |
//| Copyright © 2005, MetaQuotes Software Corp. |
//| http://www.metaquotes.net/ |
//+------------------------------------------------------------------+
// M 15 min
#define MagicNum 10002
extern double TakeProfit = 400;
extern double Lots = 0.1;
extern double TrailingStop = 115;
extern double StopLoss = 170;
extern double MATrendPeriod = 39;
extern double StDevValue = 10.2;
extern double SDperiod = 12;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int ChkOrders()
{
for(int i=0;i<OrdersTotal();i++)
{
if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES))
if(OrderMagicNumber()==MagicNum)
return(1);
else return(0);
}
}
int start()
{
double MacdCurrent, MacdPrevious, SignalCurrent;
double SignalPrevious, Ma0, Ma1, Ma2;
int cnt, ticket, total;
// initial data checks
// it is important to make sure that the expert works with a normal
// chart and the user did not make any mistakes setting external
// variables (Lots, StopLoss, TakeProfit,
// TrailingStop) in our case, we check TakeProfit
// on a chart of less than 100 bars
if(Bars<100)
{
Print("bars less than 100");
return(0);
}
if(TakeProfit<10)
{
Print("TakeProfit less than 10");
return(0); // check TakeProfit
}
// to simplify the coding and speed up access
// data are put into internal variables
Ma0=iMA(NULL,0,MATrendPeriod,0,0,PRICE_CLOSE,0);
Ma1=iMA(NULL,0,MATrendPeriod,0,0,PRICE_CLOSE,2);
Ma2=iMA(NULL,0,MATrendPeriod,0,0,PRICE_CLOSE,4);
total=OrdersTotal();
//---- go trading only for first tiks of new bar
if(ChkOrders() ==0 )
if(Volume[0]>1) return;
else
{
// no opened orders identified
if(AccountFreeMargin()<(1000*Lots))
{
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}
double StDev0 = iStdDev(Symbol(),0,SDperiod,0,MODE_EMA,PRICE_CLOSE,0)*10000;
// BUY
if(Ma0>Ma1 && Ma2>Ma1 && StDev0 > StDevValue)
{
ticket=OrderSend(Symbol(),OP_BUY,Lots,NormalizeDouble(Ask,Digits),3,Ask-StopLoss*Point,Ask+TakeProfit*Point,"",MagicNum,0,Green);
return(0);
}
// SELL
if(Ma0<Ma1 && Ma2<Ma1 && StDev0 > StDevValue)
{
ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Ask+StopLoss*Point,Bid-TakeProfit*Point,"",MagicNum,0,Red);
return(0);
}
return(0);
}
// it is important to enter the market correctly,
// but it is more important to exit it correctly...
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderType()<=OP_SELL && // check for opened position
OrderSymbol()==Symbol() && OrderMagicNumber() == MagicNum) // check for symbol
{
if(OrderType()==OP_BUY) // long position is opened
{
// should it be closed?
// check for trailing stop
if(TrailingStop>0)
{
if(Bid-OrderOpenPrice()>Point*TrailingStop)
{
if(OrderStopLoss()<Bid-Point*TrailingStop)
{
OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Green);
return(0);
}
}
}
}
else // go to short position
{
// should it be closed?
// check for trailing stop
if(TrailingStop>0)
{
if((OrderOpenPrice()-Ask)>(Point*TrailingStop))
{
if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0))
{
OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red);
return(0);
}
}
}
}
}
}
return(0);
}
// the end.
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