/*-----------------------------+
| |
| Shared by www.Aptrafx.com |
| |
+------------------------------*/
/*
+--------+
|2MAX |
+--------+
Theory of operation
Long term MA against short term MA
TIME FRAME
==========
trying M15
PAIRS
=====
GBPUSD
ENTRY LONG
==========
Fast cross above slow
ENTRY SHORT
===========
Fast cross below slow
EXIT
====
Stop and Reverse
MONEY MANAGEMENT
================
none
RISK MANAGEMENT
===============
none
FAILURE MANAGEMENT
==================
GetLastError on every transaction
VERSION HISTORY
===============
01 - initial concept
*/
// variables declared here are GLOBAL in scope
#property copyright "Ron Thompson"
#property link "http://www.lightpatch.com/forex"
// user input
extern double Lots=0.1; // how many lots to trade at a time
extern int Slippage=2; // how many pips of slippage can you tolorate
extern int MASlow=6;
extern int MAFast=89;
extern double ProfitMade=999; // how much money do you expect to make
extern double LossLimit=999; // how much loss can you tolorate
extern double TrailStop=999; // trailing stop (999=no trailing stop)
extern int PLBreakEven=999; // set break even when this many pips are made (999=off)
extern int StartHour=0; // your local time to start making trades
extern int StopHour=24; // your local time to stop making trades
extern int BasketProfit=9999; // if equity reaches this level, close trades
extern int BasketLoss=9999; // if equity reaches this negative level, close trades
extern string FileName="2MAXLog";
// naming and numbering
int MagicNumber = 200604052129; // allows multiple experts to trade on same account
string TradeComment = "2MAX_01_"; // comment so multiple EAs can be seen in Account History
// Bar handling
datetime bartime=0; // used to determine when a bar has moved
int bartick=0; // number of times bars have moved
int objtick=0; // used to draw objects on the chart
// Trade control
bool TradeAllowed=true; // used to manage trades
// Min/Max tracking
double maxOrders;
double maxEquity;
double minEquity;
//+-------------+
//| Custom init |
//|-------------+
// Called ONCE when EA is added to chart or recompiled
int init()
{
int i;
string o;
//remove the old objects
for(i=0; i<Bars; i++)
{
o=DoubleToStr(i,0);
ObjectDelete("myx"+o);
ObjectDelete("myz"+o);
}
objtick=0;
Print("Init happened ",CurTime());
logwrite( FileName, "Init happened "+CurTime());
Comment(" ");
}
//+----------------+
//| Custom DE-init |
//+----------------+
// Called ONCE when EA is removed from chart
int deinit()
{
Print("MAX number of orders",maxOrders);
Print("MAX equity ",maxEquity);
Print("MIN equity ",minEquity);
Print("DE-Init happened ",CurTime());
logwrite( FileName, "DE-Init happened "+CurTime());
Comment(" ");
}
//+-----------+
//| Main |
//+-----------+
// Called EACH TICK and each Bar[]
int start()
{
double p=Point();
double spread=Ask-Bid;
int cnt=0;
int gle=0;
int OrdersPerSymbol=0;
int OrdersBUY=0;
int OrdersSELL=0;
// stoploss and takeprofit and close control
double SL=0;
double TP=0;
double CurrentProfit=0;
double CurrentBasket=0;
// direction control
bool BUYme=false;
bool SELLme=false;
// indicator things
double PmaF, PmaS, CmaF, CmaS;
// bar counting
if(bartime!=Time[0])
{
bartime=Time[0];
bartick++;
objtick++;
if(Hour()>=StartHour && Hour()<=StopHour)
{
TradeAllowed=true;
}
}
OrdersPerSymbol=0;
for(cnt=OrdersTotal();cnt>=0;cnt--)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if( OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber)
{
OrdersPerSymbol++;
if(OrderType()==OP_BUY) {OrdersBUY++;}
if(OrderType()==OP_SELL){OrdersSELL++;}
}
}
if(OrdersPerSymbol>maxOrders) maxOrders=OrdersPerSymbol;
//+-----------------------------+
//| Insert your indicator here |
//| And set either BUYme or |
//| SELLme true to place orders |
//+-----------------------------+
CmaS=iMA(Symbol(),0,MASlow,0,MODE_SMA,PRICE_OPEN,0);
PmaS=iMA(Symbol(),0,MASlow,0,MODE_SMA,PRICE_OPEN,1);
CmaF=iMA(Symbol(),0,MAFast,0,MODE_LWMA,PRICE_OPEN,0);
PmaF=iMA(Symbol(),0,MAFast,0,MODE_LWMA,PRICE_OPEN,1);
ObjectDelete("xCmaS");
ObjectCreate("xCmaS", OBJ_TEXT, 0, Time[0], CmaS);
ObjectSetText("xCmaS","+",15,"Arial",White);
ObjectDelete("xCmaF");
ObjectCreate("xCmaF", OBJ_TEXT, 0, Time[0], CmaF);
ObjectSetText("xCmaF","+",15,"Arial",White);
ObjectDelete("xPmaS");
ObjectCreate("xPmaS", OBJ_TEXT, 0, Time[1], PmaS);
ObjectSetText("xPmaS","+",15,"Arial",White);
ObjectDelete("xPmaF");
ObjectCreate("xPmaF", OBJ_TEXT, 0, Time[1], PmaF);
ObjectSetText("xPmaF","+",15,"Arial",White);
if(TradeAllowed && PmaF<PmaS && CmaF>CmaS)
{
CloseEverything();
//BUYme=true;
}
if(TradeAllowed && PmaF>PmaS && CmaF<CmaS)
{
CloseEverything();
//SELLme=true;
}
//+------------+
//| End Insert |
//+------------+
//ENTRY LONG (buy, Ask)
if(TradeAllowed && BUYme)
{
if(LossLimit ==0) SL=0; else SL=Ask-((LossLimit+7)*Point() );
if(ProfitMade==0) TP=0; else TP=Ask+((ProfitMade+7)*Point() );
OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,SL,TP,TradeComment,MagicNumber,White);
gle=GetLastError();
if(gle==0)
{
Print("BUY Ask=",Ask," bartick=",bartick);
ObjectCreate("myx"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], High[0]+(7*p));
ObjectSetText("myx"+DoubleToStr(objtick,0),"B",15,"Arial",Red);
bartick=0;
TradeAllowed=false;
}
else
{
Print("-----ERROR----- BUY Ask=",Ask," error=",gle," bartick=",bartick);
}
}//BUYme
//ENTRY SHORT (sell, Bid)
if(TradeAllowed && SELLme)
{
if(LossLimit ==0) SL=0; else SL=Bid+((LossLimit+7)*Point() );
if(ProfitMade==0) TP=0; else TP=Bid-((ProfitMade+7)*Point() );
OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,SL,TP,TradeComment,MagicNumber,Red);
gle=GetLastError();
if(gle==0)
{
Print("SELL Bid=",Bid," bartick=",bartick);
ObjectCreate("myx"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], High[0]+(7*p));
ObjectSetText("myx"+DoubleToStr(objtick,0),"S",15,"Arial",Red);
bartick=0;
TradeAllowed=false;
}
else
{
Print("-----ERROR----- SELL Bid=",Bid," error=",gle," bartick=",bartick);
}
}//SELLme
//Basket profit or loss
CurrentBasket=AccountEquity()-AccountBalance();
if(CurrentBasket>maxEquity) maxEquity=CurrentBasket;
if(CurrentBasket<minEquity) minEquity=CurrentBasket;
if( CurrentBasket>=BasketProfit || CurrentBasket<=(BasketLoss*(-1)) ) CloseEverything();
// CLOSE order if profit target made
for(cnt=0;cnt<OrdersTotal();cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if( OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber )
{
if(OrderType()==OP_BUY)
{
CurrentProfit=Bid-OrderOpenPrice() ;
// modify for break even
if (CurrentProfit >= PLBreakEven*p && OrderOpenPrice()>OrderStopLoss())
{
SL=OrderOpenPrice()+(spread*2);
TP=OrderTakeProfit();
OrderModify(OrderTicket(),OrderOpenPrice(),SL,TP, White);
gle=GetLastError();
if(gle==0)
{
Print("MODIFY BREAKEVEN BUY Bid=",Bid," bartick=",bartick);
ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p));
ObjectSetText("myz"+DoubleToStr(objtick,0),"BE",15,"Arial",White);
}
else
{
Print("-----ERROR----- MODIFY BREAKEVEN BUY Bid=",Bid," error=",gle," bartick=",bartick);
}
}
// modify for trailing stop
if(CurrentProfit >= TrailStop*p )
{
SL=Bid-(TrailStop*p);
TP=OrderTakeProfit();
OrderModify(OrderTicket(),OrderOpenPrice(),SL,TP, White);
gle=GetLastError();
if(gle==0)
{
Print ("MODIFY TRAILSTOP BUY StopLoss=",SL," bartick=",bartick,"OrderTicket=",OrderTicket()," CurrProfit=",CurrentProfit);
ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p));
ObjectSetText("myz"+DoubleToStr(objtick,0),"TS",15,"Arial",White);
}
else
{
Print("-----ERROR----- MODIFY TRAILSTOP BUY Bid=",Bid," error=",gle," bartick=",bartick);
}
}
// did we make our desired BUY profit
// or did we hit the BUY LossLimit
if(CurrentProfit>=(ProfitMade*p) || CurrentProfit<=((LossLimit*(-1))*p) )
{
OrderClose(OrderTicket(),Lots,Bid,Slippage,White);
gle=GetLastError();
if(gle==0)
{
Print("CLOSE BUY Bid=",Bid," bartick=",bartick);
ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p));
ObjectSetText("myz"+DoubleToStr(objtick,0),"C",15,"Arial",White);
}
else
{
Print("-----ERROR----- CLOSE BUY Bid=",Bid," error=",gle," bartick=",bartick);
}
}
} // if BUY
if(OrderType()==OP_SELL)
{
CurrentProfit=OrderOpenPrice()-Ask;
// modify for break even
if (CurrentProfit >= PLBreakEven*p && OrderOpenPrice()<OrderStopLoss())
{
SL=OrderOpenPrice()-(spread*2);
TP=OrderTakeProfit();
OrderModify(OrderTicket(),OrderOpenPrice(),SL,TP, Red);
gle=GetLastError();
if(gle==0)
{
Print("MODIFY BREAKEVEN SELL Ask=",Ask," bartick=",bartick);
ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p));
ObjectSetText("myz"+DoubleToStr(objtick,0),"BE",15,"Arial",Red);
}
else
{
Print("-----ERROR----- MODIFY BREAKEVEN SELL Ask=",Ask," error=",gle," bartick=",bartick);
}
}
// modify for trailing stop
if(CurrentProfit >= TrailStop*p)
{
SL=Ask+(TrailStop*p);
TP=OrderTakeProfit();
OrderModify(OrderTicket(),OrderOpenPrice(),SL,TP, Red);
gle=GetLastError();
if(gle==0)
{
Print ("MODIFY TRAILSTOP SELL StopLoss=",SL," bartick=",bartick,"OrderTicket=",OrderTicket()," CurrProfit=",CurrentProfit);
ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p));
ObjectSetText("myz"+DoubleToStr(objtick,0),"TS",15,"Arial",Red);
}
else
{
Print("-----ERROR----- MODIFY TRAILSTOP SELL Ask=",Ask," error=",gle," bartick=",bartick);
}
}
// did we make our desired SELL profit?
if( CurrentProfit>=(ProfitMade*p) || CurrentProfit<=((LossLimit*(-1))*p) )
{
OrderClose(OrderTicket(),Lots,Ask,Slippage,Red);
gle=GetLastError();
if(gle==0)
{
Print("CLOSE SELL Ask=",Ask," bartick=",bartick);
ObjectCreate("myz"+DoubleToStr(objtick,0), OBJ_TEXT, 0, Time[0], Low[0]-(7*p));
ObjectSetText("myz"+DoubleToStr(objtick,0),"C",15,"Arial",Red);
}
else
{
Print("-----ERROR----- CLOSE SELL Ask=",Ask," error=",gle," bartick=",bartick);
}
}
} //if SELL
} // if(OrderSymbol)
} // for
} // start()
//+-----------------+
//| CloseEverything |
//+-----------------+
// Closes all OPEN and PENDING orders
int CloseEverything()
{
double myAsk;
double myBid;
int myTkt;
double myLot;
int myTyp;
int i;
bool result = false;
for(i=OrdersTotal();i>=0;i--)
{
OrderSelect(i, SELECT_BY_POS);
myAsk=MarketInfo(OrderSymbol(),MODE_ASK);
myBid=MarketInfo(OrderSymbol(),MODE_BID);
myTkt=OrderTicket();
myLot=OrderLots();
myTyp=OrderType();
switch( myTyp )
{
//Close opened long positions
case OP_BUY :result = OrderClose(myTkt, myLot, myBid, Slippage, Red);
break;
//Close opened short positions
case OP_SELL :result = OrderClose(myTkt, myLot, myAsk, Slippage, Red);
break;
//Close pending orders
case OP_BUYLIMIT :
case OP_BUYSTOP :
case OP_SELLLIMIT:
case OP_SELLSTOP :result = OrderDelete( OrderTicket() );
}
if(result == false)
{
Alert("Order " , myTkt , " failed to close. Error:" , GetLastError() );
Print("Order " , myTkt , " failed to close. Error:" , GetLastError() );
Sleep(3000);
}
Sleep(1000);
} //for
} // closeeverything
void logwrite (string filename, string mydata)
{
int myhandle;
myhandle=FileOpen(filename, FILE_CSV|FILE_WRITE|FILE_READ, ";");
if(myhandle>0)
{
FileSeek(myhandle,0,SEEK_END);
FileWrite(myhandle, mydata);
FileClose(myhandle);
}
}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Indicators Used:
Moving average indicator
Custom Indicators Used:
Order Management characteristics:
Checks for the total of open orders
It automatically opens orders when conditions are reached
It can change open orders parameters, due to possible stepping strategy
It Closes Orders by itself
Other Features:
It issuies visual alerts to the screen
Uses files from the file system
It writes information to file