This script is designed to automatically trade in the Forex market using the MetaTrader platform. Here's how it works, explained in a way that doesn't require programming knowledge:
Overall Goal:
The script aims to make profits by automatically opening and closing buy or sell orders based on the signals from a technical indicator called the Stochastic Oscillator. It also incorporates money management features to protect your account balance.
Here's a step-by-step breakdown of the logic:
-
Setup (Input Parameters):
- The script starts by defining a set of settings that you, the user, can adjust. These settings include:
- Stochastic Settings: Parameters for the Stochastic Oscillator, such as the time periods used in its calculation and the overbought/oversold levels (high and low levels).
- Trade Settings: Parameters to decide when and how to execute orders.
- Lots: The initial size of the trades.
- Take Profit: The profit goal (in pips) for each trade.
- Stop Loss: The maximum loss (in pips) you're willing to risk on each trade.
- Trailing Stop: A feature that automatically adjusts the stop loss as the trade moves in your favor.
- Pips: The distance between consecutive orders when opening multiple trades.
- MaxTrades: The maximum number of simultaneous orders the script will open.
- Money Management:
- Risk: A percentage of your account balance that the script will risk on each trade.
- Account Type: If your account type is a normal, mini or micro lot.
- Account Protection Settings: Parameters to protect your account.
- Secure Profit: Closes all orders when the profit reaches a certain amount.
- Equity Protection: Closes all orders if the account equity falls below a certain percentage.
- Money Protection: Closes all orders if the account falls below a certain amount.
- Trading time: It allows specifying time windows for trading based on market sessions (Asian, European, New York).
- The script starts by defining a set of settings that you, the user, can adjust. These settings include:
-
Initialization:
- When the script starts, it initializes some variables and settings.
-
Main Loop (Start Function):
- The script continuously runs through the start function, checking conditions and making decisions.
-
Check Trading Hours:
- If enabled, checks if the current time is within the allowed trading hours. If not, the script pauses and waits.
-
Determine Lot Size:
- Calculates the lot size (trade size) for the next order based on the configured money management settings and account type.
-
Count Open Orders:
- Counts the number of open buy and sell orders for the current currency pair and with the script's "magic number" (a unique identifier).
-
Account Protection Checks:
- It checks several conditions to protect your account. If any of these conditions are met, the script will close all open orders and stop trading:
- My Money Profit Target: It stops trading if a set profit amount is reached.
- Equity Protection: Checks if the account equity has fallen below a specified percentage.
- Money Protection: Checks if the account balance minus the account equity reaches a certain value.
- Orders Time Alive Protection: Check if a certain set time is reached since the order was open.
- It checks several conditions to protect your account. If any of these conditions are met, the script will close all open orders and stop trading:
-
Friday Closing:
- Checks if the script should be trading on Fridays and closes trades if not.
-
Secure Profit Check:
- If the "Secure Profit" feature is enabled, the script checks if the total profit of all open orders has reached a certain level. If it has, all orders are closed to secure the profit.
-
Trading signal:
- It uses the Stochastic Oscillator to determine whether to open a buy or sell order and considers the reverse condition setting.
-
Order management:
- If trades are opened, it sets a trailing stop to follow the direction of the trade.
-
Open New Orders:
- If the script has determined a buy or sell signal and the maximum number of open orders hasn't been reached, it opens a new order.
- Market Orders: Opens orders immediately at the current market price.
- Limit Orders: Places pending orders that will be executed when the price reaches a specific level.
- If the script has determined a buy or sell signal and the maximum number of open orders hasn't been reached, it opens a new order.
-
Loop:
- The script then loops back to step 4, continuously checking conditions and managing trades.
In summary, this script is an automated trading system that uses the Stochastic Oscillator to generate trading signals and opens/closes orders based on these signals, while also incorporating money management and account protection features. The user can customize various settings to control the script's behavior and risk level.
Profitability Reports
//+-----------------------------------------------------------------------------------+
//| STOCH POWER EA 5.mq4 |
//| Copyright © 2005, Alejandro Galindo |
//| http://elCactus.com |
//| Copyright © 2007, AZAM575 & SYLARVAMPIRE & YUSOF786 |
//| http://mymefx.com |
//+-----------------------------------------------------------------------------------+
///Please, do not sell this EA because its FREE
#property copyright "Copyright © 2007, AZAM575&SYLARVAMPIRE&YUSOF786"
#property link "MYMEFX.COM"
extern string INFO="STOCH POWER EA V5.0";
extern string OWN="Copyright © 2007, AZAM575&SYLARVAMPIRE&YUSOF786";
extern string sq="--STOCH SETTING--";
extern int K_Period = 14;
extern int D_Period = 3;
extern int Slow_Period = 3;
extern int Stoch_TF = 60;
extern int H_level =97;
extern int L_level =3;
extern string ChooseLineMode="Choose 1=mode main, 2=mode signal";
extern int stochlinemode = 1;
extern string ChooseeMAMode="Choose 1=mode SMA, 2=mode LWMA, 3=mode EMA";
extern int stochMAmode = 1;
extern bool ExitWithSTOCH=False;
extern string sb="--TRADE SETTING--";
extern double Lots = 0.1; // We start with this lots number
extern int TakeProfit = 32; // Profit Goal for the latest order opened
extern bool MyMoneyProfitTarget=False;
extern double My_Money_Profit_Target=50;
extern double multiply=2.0;
extern int MaxTrades=15; // Maximum number of orders to open
extern int Pips=22; // Distance in Pips from one order to another
extern int StopLoss = 0; // StopLoss
extern int TrailingStop = 0;// Pips to trail the StopLoss
extern string MM="--MOney Management--"; // (from order 2, not from first order
extern string MMSwicth="if one the lots size will increase based on account size";
extern int mm=0; // if one the lots size will increase based on account size
extern string riskset="risk to calculate the lots size (only if mm is enabled)";
extern int risk=1; // risk to calculate the lots size (only if mm is enabled)
extern string accounttypes="0 if Normal Lots, 1 for mini lots, 2 for micro lots";
extern int AccountType=1; // 0 if Normal Lots, 1 for mini lots, 2 for micro lots
extern string magicnumber="--MAgic No--";
extern int MagicNumber=222777; // Magic number for the orders placed
extern string so="--CUTLOSS SETTING--";
extern bool SecureProfitProtection=False;
extern string SP="If profit made is bigger than SecureProfit we close the orders";
extern int SecureProfit=20; // If profit made is bigger than SecureProfit we close the orders
extern string OTP="Number of orders to enable the account protection";
extern int OrderstoProtect=3; // Number of orders to enable the account protection
extern string ASP="if one will check profit from all symbols, if cero only this symbol";
extern bool AllSymbolsProtect=False; // if one will check profit from all symbols, if cero only this symbol
extern string EP="if true, then the expert will protect the account equity to the percent specified";
extern bool EquityProtection=False; // if true, then the expert will protect the account equity to the percent specified
extern string AEP="percent of the account to protect on a set of trades";
extern int AccountEquityPercentProtection=90; // percent of the account to protect on a set of trades
extern string AMP="if true, then the expert will use money protection to the USD specified";
extern bool AccountMoneyProtection=False;
extern double AccountMoneyProtectionValue=3000.00;
string s1="--seting berapa jam dia nak open order--";
bool UseHourTrade = False;
int FromHourTrade = 0;
int ToHourTrade = 1;
extern string TradingTime="--trading time setting--";
extern bool UseTradingHours = false;
extern bool TradeAsianMarket = true;
extern int StartHour1 = 0; // Start trades after time
extern int StopHour1 = 3; // Stop trading after time
extern bool TradeEuropeanMarket = true;
extern int StartHour2 = 9; // Start trades after time
extern int StopHour2 = 11; // Stop trading after time
extern bool TradeNewYorkMarket = false;
extern int StartHour3 = 15; // Start trades after time
extern int StopHour3 = 17; // Stop trading after time
extern bool TradeOnFriday=False;
extern string OtherSetting="--Others Setting--";
int OrdersTimeAlive=0; // in seconds
extern string reverse="if one the desition to go long/short will be reversed";
extern bool ReverseCondition=False; // if one the desition to go long/short will be reversed
extern string limitorder="if true, instead open market orders it will open limit orders ";
extern bool SetLimitOrders=False; // if true, instead open market orders it will open limit orders
int Manual=0; // If set to one then it will not open trades automatically
color ArrowsColor=Black; // color for the orders arrows
int OpenOrdersBasedOn=16; // Method to decide if we start long or short
bool ContinueOpening=True;
int OpenOrders=0, cnt=0;
int MarketOpenOrders=0, LimitOpenOrders=0;
int slippage=5;
double sl=0, tp=0;
double BuyPrice=0, SellPrice=0;
double lotsi=0, mylotsi=0;
int mode=0, myOrderType=0, myOrderTypetmp=0;
double LastPrice=0;
int PreviousOpenOrders=0;
double Profit=0;
int LastTicket=0, LastType=0;
double LastClosePrice=0, LastLots=0;
double Pivot=0;
double PipValue=0;
bool Reversed=False;
double tmp=0;
double iTmpH=0;
double iTmpL=0;
datetime NonTradingTime[][2];
bool FileReaded=false;
string dateLimit = "2030.01.12 23:00";
int CurTimeOpeningFlag=0;
datetime LastOrderOpenTime=0;
bool YesStop;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
DeleteAllObjects();
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
//----
int cnt=0;
bool result;
string text="";
string version="VERSI INI DAH EXPIRED...SILA YM xxul_gunturean utk penggantian";
// skrip masa trading
if (UseTradingHours)
{
YesStop = true;
// Check trading Asian Market
if (TradeAsianMarket)
{
if (StartHour1 > 18)
{
// Check broker that uses Asian open before 0:00
if (Hour() >= StartHour1) YesStop = false;
if (!YesStop)
{
if (StopHour1 < 24)
{
if ( Hour() <= StopHour1) YesStop = false;
}
// These cannot be combined even though the code looks the same
if (StopHour1 >=0)
{
if ( Hour() <= StopHour1) YesStop = false;
}
}
}
else
{
if (Hour() >= StartHour1 && Hour() <= StopHour1) YesStop = false;
}
}
if (YesStop)
{
// Check trading European Market
if (TradeEuropeanMarket)
{
if (Hour() >= StartHour2 && Hour() <= StopHour2) YesStop = false;
}
}
if (YesStop)
{
// Check trading European Market
if (TradeNewYorkMarket)
{
if (Hour() >= StartHour3 && Hour() <= StopHour3) YesStop = false;
}
}
if (YesStop)
{
// Comment ("Trading has been stopped as requested - wrong time of day");
return (0);
}
}
// skrip masa trading
if (AccountType==0)
{
if (mm!=0) { lotsi=MathCeil(AccountBalance()*risk/10000); }
else { lotsi=Lots; }
}
if (AccountType==1)
{ // then is mini
if (mm!=0) { lotsi=MathCeil(AccountBalance()*risk/10000)/10; }
else { lotsi=Lots; }
}
if (AccountType==2)
{
if (mm!=0) { lotsi=MathCeil(AccountBalance()*risk/10000)/100; }
else { lotsi=Lots; }
}
if (lotsi<0.01) lotsi=0.01;
if (lotsi>100) lotsi=100;
OpenOrders=0;
MarketOpenOrders=0;
LimitOpenOrders=0;
for(cnt=0;cnt<OrdersTotal();cnt++)
{
if (OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES))
{
if (OrderSymbol()==Symbol() && OrderMagicNumber() == MagicNumber)
{
if (OrderType()==OP_BUY || OrderType()==OP_SELL)
{
MarketOpenOrders++;
LastOrderOpenTime=OrderOpenTime();
}
if (OrderType()==OP_SELLLIMIT || OrderType()==OP_BUYLIMIT) LimitOpenOrders++;
OpenOrders++;
}
}
}
if (OpenOrders<1)
{
if (!TradeOnFriday && DayOfWeek()==5)
{
Comment("TradeOnfriday is False");
return(0);
}
}
PipValue=MarketInfo(Symbol(),MODE_TICKVALUE);
if (PipValue==0) { PipValue=5; }
if (AccountMoneyProtection && AccountBalance()-AccountEquity()>=AccountMoneyProtectionValue)
{
text = text + "\nClosing all orders and stop trading because account money protection activated..";
Print("Closing all orders and stop trading because account money protection activated.. Balance: ",AccountBalance()," Equity: ",AccountEquity());
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
return(0);
}
////aku masukkan time
if (UseHourTrade){
if (!(Hour()>=FromHourTrade && Hour()<=ToHourTrade)) {
text = text + "\nORDER TELAH DI TUTUP KERANA MASA DAH TAMAT.";
Print("ORDER TELAH DI TUTUP KERANA MASA TAMAT. UNTUNG: ",AccountProfit()," EKUITI: ",AccountEquity());
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
return(0);
}
}
//set my profit for one Day
if (MyMoneyProfitTarget && AccountProfit()>= My_Money_Profit_Target)
{
text = text + "\nClosing all orders and stop trading because mymoney profit target reached..";
Print("Closing all orders and stop trading because mymoney profit target reached.. Profit: ",AccountProfit()," Equity: ",AccountEquity());
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
return(0);
}
// Account equity protection
if (EquityProtection && AccountEquity()<=AccountBalance()*AccountEquityPercentProtection/100)
{
text = text + "\nClosing all orders and stop trading because account money protection activated.";
Print("Closing all orders and stop trading because account money protection activated. Balance: ",AccountBalance()," Equity: ", AccountEquity());
//Comment("Closing orders because account equity protection was triggered. Balance: ",AccountBalance()," Equity: ", AccountEquity());
//OrderClose(LastTicket,LastLots,LastClosePrice,slippage,Orange);
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
return(0);
}
// if dont trade at fridays then we close all
if (!TradeOnFriday && DayOfWeek()==5)
{
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
text = text +"\nClosing all orders and stop trading because TradeOnFriday protection.";
Print("Closing all orders and stop trading because TradeOnFriday protection.");
}
// Orders Time alive protection
if (OrdersTimeAlive>0 && CurTime() - LastOrderOpenTime>OrdersTimeAlive)
{
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
text = text + "\nClosing all orders because OrdersTimeAlive protection.";
Print("Closing all orders because OrdersTimeAlive protection.");
}
if (PreviousOpenOrders>OpenOrders)
{
for(cnt=OrdersTotal()-1;cnt>=0;cnt--)
{
if (OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES))
{
mode=OrderType();
if ((OrderSymbol()==Symbol() && OrderMagicNumber() == MagicNumber) || AllSymbolsProtect)
{
if (mode==OP_BUY || mode==OP_SELL)
{
OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),slippage,ArrowsColor);
return(0);
}
}
}
}
for(cnt=0;cnt<OrdersTotal();cnt++)
{
if (OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES))
{
mode=OrderType();
if ((OrderSymbol()==Symbol() && OrderMagicNumber() == MagicNumber) || AllSymbolsProtect)
{
if (mode==OP_SELLLIMIT || mode==OP_BUYLIMIT || mode==OP_BUYSTOP || mode==OP_SELLSTOP)
{
OrderDelete(OrderTicket());
return(0);
}
}
}
}
}
PreviousOpenOrders=OpenOrders;
if (OpenOrders>=MaxTrades)
{
ContinueOpening=False;
} else {
ContinueOpening=True;
}
if (LastPrice==0)
{
for(cnt=0;cnt<OrdersTotal();cnt++)
{
if (OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES))
{
mode=OrderType();
if (OrderSymbol()==Symbol() && OrderMagicNumber() == MagicNumber)
{
LastPrice=OrderOpenPrice();
if (mode==OP_BUY) { myOrderType=2; }
if (mode==OP_SELL) { myOrderType=1; }
}
}
}
}
// SecureProfit protection
//if (SecureProfitProtection && MarketOpenOrders>=(MaxTrades-OrderstoProtect)
// Modified to make easy to understand
if (SecureProfitProtection && MarketOpenOrders>=OrderstoProtect)
{
Profit=0;
for(cnt=0;cnt<OrdersTotal();cnt++)
{
if (OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES))
{
if ((OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber) || AllSymbolsProtect)
Profit=Profit+OrderProfit();
}
}
if (Profit>=SecureProfit)
{
text = text + "\nClosing orders because account protection with SecureProfit was triggered.";
Print("Closing orders because account protection with SeureProfit was triggered. Balance: ",AccountBalance()," Equity: ", AccountEquity()," Profit: ",Profit);
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
return(0);
}
}
myOrderTypetmp=3;
switch (OpenOrdersBasedOn)
{
case 16:
myOrderTypetmp=OpenOrdersBasedOnSTOCH();
break;
default:
myOrderTypetmp=OpenOrdersBasedOnSTOCH();
break;
}
if (OpenOrders<1 && Manual==0)
{
myOrderType=myOrderTypetmp;
if (ReverseCondition)
{
if (myOrderType==1) { myOrderType=2; }
else { if (myOrderType==2) { myOrderType=1; } }
}
}
if (ReverseCondition)
{
if (myOrderTypetmp==1) { myOrderTypetmp=2; }
else { if (myOrderTypetmp==2) { myOrderTypetmp=1; } }
}
// if we have opened positions we take care of them
cnt=OrdersTotal()-1;
while(cnt>=0)
{
if(OrderSelect(cnt,SELECT_BY_POS,MODE_TRADES)==false) break;
if (OrderSymbol() == Symbol() && OrderMagicNumber() == MagicNumber) // && Reversed==False)
{
//Print("Ticket ",OrderTicket()," modified.");
if (OrderType()==OP_SELL)
{
if (ExitWithSTOCH&& myOrderTypetmp==2)
{
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
text = text +"\nClosing all orders because Indicator triggered another signal.";
Print("Closing all orders because Indicator triggered another signal.");
//return(0);
}
if (TrailingStop>0)
{
if ((OrderOpenPrice()-OrderClosePrice())>=(TrailingStop*Point+Pips*Point))
{
if (OrderStopLoss()>(OrderClosePrice()+TrailingStop*Point))
{
result=OrderModify(OrderTicket(),OrderOpenPrice(),OrderClosePrice()+TrailingStop*Point,OrderClosePrice()-TakeProfit*Point-TrailingStop*Point,0,Purple);
if(result!=TRUE) Print("LastError = ", GetLastError());
else OrderPrint();
return(0);
}
}
}
}
if (OrderType()==OP_BUY)
{
if (ExitWithSTOCH && myOrderTypetmp==1)
{
PreviousOpenOrders=OpenOrders+1;
ContinueOpening=False;
text = text +"\nClosing all orders because Indicator triggered another signal.";
Print("Closing all orders because Indicator triggered another signal.");
//return(0);
}
if (TrailingStop>0)
{
if ((OrderClosePrice()-OrderOpenPrice())>=(TrailingStop*Point+Pips*Point))
{
if (OrderStopLoss()<(OrderClosePrice()-TrailingStop*Point))
{
result=OrderModify(OrderTicket(),OrderOpenPrice(),OrderClosePrice()-TrailingStop*Point,OrderClosePrice()+TakeProfit*Point+TrailingStop*Point,0,ArrowsColor);
if(result!=TRUE) Print("LastError = ", GetLastError());
else OrderPrint();
return(0);
}
}
}
}
}
cnt--;
}
if (!IsTesting())
{
if (myOrderType==3 && OpenOrders<1) { text=text + "\nTIADA KONDISI UTK OPEN ORDER"; }
//else { text= text + "\n "; }
Comment("HARGA TERAKHIR=",LastPrice," OPEN ODER YG LEPAS=",PreviousOpenOrders,"\nBUKA LAGI=",ContinueOpening," JENISORDER=",myOrderType,"\nLOT=",lotsi,text);
}
if (OpenOrders<1)
OpenMarketOrders();
else
if (SetLimitOrders) OpenLimitOrders();
else OpenMarketOrders();
//----
return(0);
}
//+------------------------------------------------------------------+
void OpenMarketOrders()
{
int cnt=0;
if (myOrderType==1 && ContinueOpening)
{
if ((Bid-LastPrice)>=Pips*Point || OpenOrders<1)
{
SellPrice=Bid;
LastPrice=0;
if (TakeProfit==0) { tp=0; }
else { tp=SellPrice-TakeProfit*Point; }
if (StopLoss==0) { sl=0; }
else { sl=SellPrice+StopLoss*Point; }
if (OpenOrders!=0)
{
mylotsi=lotsi;
for(cnt=0;cnt<OpenOrders;cnt++)
{
if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
else { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
}
} else { mylotsi=lotsi; }
if (mylotsi>100) { mylotsi=100; }
OrderSend(Symbol(),OP_SELL,mylotsi,SellPrice,slippage,sl,tp,"MyMEFx EA"+MagicNumber,MagicNumber,0,ArrowsColor);
return(0);
}
// Sleep(6000); ////aku letak
// RefreshRates();
}
if (myOrderType==2 && ContinueOpening)
{
if ((LastPrice-Ask)>=Pips*Point || OpenOrders<1)
{
BuyPrice=Ask;
LastPrice=0;
if (TakeProfit==0) { tp=0; }
else { tp=BuyPrice+TakeProfit*Point; }
if (StopLoss==0) { sl=0; }
else { sl=BuyPrice-StopLoss*Point; }
if (OpenOrders!=0) {
mylotsi=lotsi;
for(cnt=0;cnt<OpenOrders;cnt++)
{
if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
else { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
}
} else { mylotsi=lotsi; }
if (mylotsi>100) { mylotsi=100; }
OrderSend(Symbol(),OP_BUY,mylotsi,BuyPrice,slippage,sl,tp,"MyMEFx EA"+MagicNumber,MagicNumber,0,ArrowsColor);
return(0);
}
}
}
void OpenLimitOrders()
{
int cnt=0;
if (myOrderType==1 && ContinueOpening)
{
//if ((Bid-LastPrice)>=Pips*Point || OpenOrders<1)
//{
//SellPrice=Bid;
SellPrice = LastPrice+Pips*Point;
LastPrice=0;
if (TakeProfit==0) { tp=0; }
else { tp=SellPrice-TakeProfit*Point; }
if (StopLoss==0) { sl=0; }
else { sl=SellPrice+StopLoss*Point; }
if (OpenOrders!=0)
{
mylotsi=lotsi;
for(cnt=0;cnt<OpenOrders;cnt++)
{
if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
else { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
}
} else { mylotsi=lotsi; }
if (mylotsi>100) { mylotsi=100; }
OrderSend(Symbol(),OP_SELLLIMIT,mylotsi,SellPrice,slippage,sl,tp,"MyMEFx EA"+MagicNumber,MagicNumber,0,ArrowsColor);
return(0);
//}
}
if (myOrderType==2 && ContinueOpening)
{
//if ((LastPrice-Ask)>=Pips*Point || OpenOrders<1)
//{
//BuyPrice=Ask;
BuyPrice=LastPrice-Pips*Point;
LastPrice=0;
if (TakeProfit==0) { tp=0; }
else { tp=BuyPrice+TakeProfit*Point; }
if (StopLoss==0) { sl=0; }
else { sl=BuyPrice-StopLoss*Point; }
if (OpenOrders!=0) {
mylotsi=lotsi;
for(cnt=0;cnt<OpenOrders;cnt++)
{
if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
else { mylotsi=NormalizeDouble(mylotsi*multiply,2); }
}
} else { mylotsi=lotsi; }
if (mylotsi>100) { mylotsi=100; }
OrderSend(Symbol(),OP_BUYLIMIT,mylotsi,BuyPrice,slippage,sl,tp,"MyMEFx EA"+MagicNumber,MagicNumber,0,ArrowsColor);
return(0);
//}
}
}
void DeleteAllObjects()
{
int obj_total=ObjectsTotal();
string name;
for(int i=0;i<obj_total;i++)
{
name=ObjectName(i);
if (name!="")
ObjectDelete(name);
}
ObjectDelete("FLP_txt");
ObjectDelete("P_txt");
}
// 16
int OpenOrdersBasedOnSTOCH()
{
int myOrderType=3;
double modest;
switch (stochlinemode)
{
case 1:
modest=MODE_MAIN;
break;
case 2:
modest=MODE_SIGNAL;
break;
default:
modest=MODE_MAIN;
break;
}
double mamode;
switch (stochMAmode)
{
case 1:
modest=MODE_SMA;
break;
case 2:
modest=MODE_LWMA;
break;
case 3:
modest=MODE_EMA;
break;
default:
modest=MODE_SMA;
break;
}
double previousstoch, currentstoch, signalstoch;
//---- long Stochastic indicator
signalstoch = iStochastic (NULL,Stoch_TF,K_Period,D_Period,Slow_Period,mamode,0,MODE_SIGNAL,1);
currentstoch = iStochastic(NULL,Stoch_TF,K_Period,D_Period,Slow_Period,mamode,0,modest,1);
previousstoch = iStochastic(NULL,Stoch_TF,K_Period,D_Period,Slow_Period,mamode,0,modest,2);
//---- lot setting and modifications
//Sell order
// if(previousstoch>H_level && currentstoch<H_level)
//if(previousstoch>currentstoch && currentstoch > H_level)
//if(previousstoch>H_level && previousstoch>currentstoch && currentstoch<H_level)
if(previousstoch>H_level && signalstoch > currentstoch)
{
myOrderType=1;
}
//buy order
// if(previousstoch<L_level && currentstoch>L_level)
//if(previousstoch<currentstoch && currentstoch < L_level)
//if(previousstoch<L_level && previousstoch<currentstoch && currentstoch>L_level)
if(previousstoch<L_level && signalstoch < currentstoch)
{
myOrderType=2;
}
return(myOrderType);
}
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