Orders Execution
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SAR_RSI
//+------------------------------------------------------------------+
//| SAR_RSI MTS |
//| Goal: Follow SAR with RSI |
//| Timeframe: Start with H1 |
//| Author: FrankC |
//+------------------------------------------------------------------+
extern double TakeProfit = 40;
extern double Lots = 1;
extern double TrailingStop = 65;
extern double StopLoss = 10;
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int start()
{
int cnt, ticket, total, CurrentTrades = 0;
int risk = 3;
double O, C, H, L, O1, C1, H1, L1, O2, C2, H2, L2, sl, sarNow,
sarBefore, rsiNow, rsiBefore, lotMM;
int maxTrades = 6, maxTradesPerPair = 1;
double marg = 2*Point;
datetime prevtime = 0;
// initial data check
if(Bars < 100)
{
Print("bars less than 100");
return(0);
}
//----
if(TakeProfit < 10)
{
Print("TakeProfit less than 10");
return(0); // check TakeProfit
}
//Define the beginning of a new bar
if(prevtime == Time[0])
return(0);
prevtime = Time[0];
//----
sarNow = iSAR(NULL, 0, 0.05, 0.5, 0);
sarBefore = iSAR(NULL, 0, 0.05, 0.5, 1);
rsiNow = iRSI(NULL, 0, 14, PRICE_CLOSE, 0);
rsiBefore = iRSI(NULL, 0, 14, PRICE_CLOSE, 1);
//----
O = Open[0];
C = Close[0];
H = High[0];
L = Low[0];
//----
O1 = Open[1];
C1 = Close[1];
H1 = High[1];
L1 = Low[1];
//----
O2 = Open[2];
C2 = Close[2];
H2 = High[2];
L2 = Low[2];
// PYRAMIDING - LINEAR
// Money Management risk exposure compounding
lotMM = (MathCeil(AccountBalance() * risk / 10000) / 10);
//----
if(lotMM < 0.1)
lotMM = Lots;
//----
if(lotMM > 1.0)
lotMM = MathCeil(lotMM);
// Check for open orders
total = OrdersTotal();
//----
if(total < 6)
{
for(cnt=0;cnt<total||total<1;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
//----
if(OrderSymbol() != Symbol())
{
if(AccountFreeMargin() < (1000*Lots))
{
Print("We have no money. Free Margin = ", AccountFreeMargin());
return(0);
}
// check for long position (BUY) possibility
if((C > sarBefore + marg) && (rsiNow > 50) && (rsiNow > rsiBefore) &&
(sarNow < O))
{
ticket = OrderSend(Symbol(), OP_BUY, lotMM, Ask, 3, Bid - StopLoss*Point,
Ask + TakeProfit*Point, "MTS", 86731, 0, Green);
//----
if(ticket > 0)
{
if(OrderSelect(ticket, SELECT_BY_TICKET, MODE_TRADES))
Comment("BUY order opened : ", OrderOpenPrice());
}
else
Print("Error opening BUY order : ", GetLastError());
return(0);
} // end of if for BUY position
// check for short position (SELL) possibility
if((C < sarBefore + marg) && (rsiNow < 50) && (rsiNow < rsiBefore) &&
(sarNow > O))
{
ticket = OrderSend(Symbol(), OP_SELL, lotMM, Bid, 3, Ask + StopLoss*Point,
Bid - TakeProfit*Point, "MTS", 86731, 0, Red);
//----
if(ticket > 0)
{
if(OrderSelect(ticket, SELECT_BY_TICKET, MODE_TRADES))
Comment("SELL order opened : ", OrderOpenPrice());
}
else
Print("Error opening SELL order : ", GetLastError());
return(0);
} // end of if for SHORT position
return(0);
}
}
} // end of it total < 6
// ORDER MANAGEMENT
for(cnt = 0; cnt < total||total < 1; cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
//----
if(OrderType() <= OP_SELL && // check for opened position
OrderSymbol() == Symbol()) // check for symbol
{
if(OrderType() == OP_BUY) // long position is opened
{
// should it be closed?
if((C < sarBefore+marg) || (rsiNow < 50))
{
OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet) ; // close position
return(0); // exit
}
// 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?
if((C > sarBefore+marg) || (rsiNow > 50))
{
OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet) ; // close position
return(0); // exit
}
// 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);
} // end of int start()
//+------------------------------------------------------------------+
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