Orders Execution
Checks for the total of open ordersIt automatically opens orders when conditions are reachedIt can change open orders parameters, due to possible stepping strategy
Indicators Used
Moving average indicatorStandard Deviation indicator
0 Views
0 Downloads
0 Favorites
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.

Comments

Markdown supported. Formatting help

Markdown Formatting Guide

Element Markdown Syntax
Heading # H1
## H2
### H3
Bold **bold text**
Italic *italicized text*
Link [title](https://www.example.com)
Image ![alt text](image.jpg)
Code `code`
Code Block ```
code block
```
Quote > blockquote
Unordered List - Item 1
- Item 2
Ordered List 1. First item
2. Second item
Horizontal Rule ---