Author: Pegasys by don_forex
Orders Execution
Checks for the total of open ordersIt automatically opens orders when conditions are reachedIt Closes Orders by itself It can change open orders parameters, due to possible stepping strategy
Indicators Used
Moving average indicator
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Pegasus
/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                           Copyright 2005, Gordago Software Corp. |
//|                                          http://www.gordago.com/ |
//+------------------------------------------------------------------+

#property copyright "Pegasys by don_forex"
//#property link      "http://www.gordago.com"

extern double StopLoss = 20;
extern double TakeProfit = 50;
extern double TrailingStop = 15;
extern double Lots = 0.1;
extern double SMA = 55;
extern double LWMA = 55;
extern double StdDev = 55;
extern double StdDevValue = 0.028;
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int start(){
   int cnt, ticket;
   if(Bars<100){
      Print("bars less than 100");
      return(0);
   }
   if(TakeProfit<10){
      Print("TakeProfit less than 10");
      return(0);
   }
   if(TakeProfit<10){
      Print("TakeProfit less than 10");
      return(0);
   }

   double diSMA=iMA(NULL,0,SMA,8,MODE_SMA,PRICE_CLOSE,0);
   double diLWMA=iMA(NULL,0,LWMA,0,MODE_LWMA,PRICE_CLOSE,0);
   double diStdDev=iStdDev(NULL,0,StdDev,MODE_LWMA,0,PRICE_CLOSE,0); 
   int total=OrdersTotal();
   if(total<1){
      if(AccountFreeMargin()<(1000*Lots)){
         Print("We have no money. Free Margin = ", AccountFreeMargin());
         return(0);
      }

      if ((diSMA<diLWMA && diStdDev > StdDevValue)){
         ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,Ask+TakeProfit*Point, "Pegasus",16384,0,Green);
         if(ticket>0){
            if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice());
         }
         else Print("Error opening BUY order : ",GetLastError());
         return(0);
      }

      if ((diSMA>diLWMA && diStdDev > StdDevValue)){
         ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,Bid-TakeProfit*Point,"Pegasus",16384,0,Red);
         if(ticket>0) {
            if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice());
         }
         else Print("Error opening SELL order : ",GetLastError());
         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){

            if ((diSMA>diLWMA && diStdDev > StdDevValue)){
               OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet);
               return(0);
            }
            
            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{

            if ((diSMA<diLWMA && diStdDev > StdDevValue)){
               OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet);
               return(0);
            }
            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);
                  }
               }
            }
         }
      }
   }
}

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