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 indicatorIndicator of the average true rangeRelative strength indexCommodity channel indexStochastic oscillator
Miscellaneous
It issuies visual alerts to the screen
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Stochy.MQ4
/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                                  Stoch.mq4     |
//|                         For Eur/Usd 1H
//|                                   Copyright © 2005, Jacob Yego |
//|                                       http://PointForex.com    |                                        
//+------------------------------------------------------------------+

extern double TakeProfit = 250;
extern double Lots = 1.0;
extern double TrailingStop = 60;


//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int start()
  {
   
   double EMA1;
   double EMA2;
   double EMA3;
   double EMA4;
   double ATR;
   double RSI;
   double CCI;
   double Stoch;
   double Stochsig;
   int cnt,ticket,tt=0, total;
// check TakeProfit on a chart of less than 200 bars
   if(Bars<200)
     {
      Print("bars less than 200");
      return(0);  
     }
   if(TakeProfit<10)
     {
      Print("TakeProfit less than 10");
      return(0);  // check TakeProfit
     }
     
// data in internal variables for access speed
   
   EMA1=iMA(NULL,0,8,0,MODE_EMA,PRICE_CLOSE,0);
   EMA2=iMA(NULL,0,100,0,MODE_EMA,PRICE_CLOSE,0);
   EMA3=iMA(NULL,0,8,0,MODE_EMA,PRICE_CLOSE,1);
   EMA4=iMA(NULL,0,100,0,MODE_EMA,PRICE_CLOSE,1);

   ATR=iATR(NULL,0,20,0);
   RSI=iRSI(NULL,0,14,PRICE_CLOSE,0);
   CCI= iCCI(NULL,0,14,PRICE_CLOSE,0);
   Stoch=iStochastic(NULL,0,14,3,3,MODE_SMA,0,MODE_MAIN,0);
   Stochsig=iStochastic(NULL,0,14,3,3,MODE_SMA,0,MODE_SIGNAL,0);
   
// to ensure that only one trade per pair is entered to avoid multiplicity
   total=OrdersTotal();
   for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if (OrderSymbol()==Symbol()) tt++;
} 

{
if((total < 2) && tt==0)  // you can change total to whatever 
                          //number of pairs you want to trade
     {
      // no opened orders identified
      if(AccountFreeMargin()<(1000*Lots))
        {
         Print("We have no money. Free Margin = ", AccountFreeMargin());
         return(0);  
        }
      // long position (BUY) possibility

        if( EMA1 > EMA2 && EMA3 < EMA4 && RSI > 50.0 && CCI>0 && Stoch>Stochsig)
        {Alert( "Buy Now");
       }
        {
         ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-2*ATR,Ask+TakeProfit*Point,"Stochy",77777,0,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); 
        }
      // Short position (SELL) possibility
       if(EMA2 > EMA1 && EMA4 < EMA3 && RSI<50 && CCI<0 && Stoch<Stochsig)
      
       {Alert( "Sell Now");
       }
        {
         ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+2*ATR,Bid-TakeProfit*Point,"Stochy",77777,0,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); 
        }
      return(0);
     }
     
   //Exit Strategy   
   for(cnt=0;cnt<total;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 (RSI<30 && EMA2 > EMA1 && EMA4 < EMA3 && CCI<0 && Stoch<Stochsig )
                {
                 OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                 return(0); // exit
                }
            //  Trailing stop Check
            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 // Move to short position
           {
            // should it be closed?
            
               if (RSI>70 && EMA1 > EMA2 && EMA3 < EMA4 && CCI>0 && Stoch>Stochsig)
              {
               OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
               return(0); // exit
              }
            // trailing stop check
            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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