10points 3 loss cutoff

Author: Copyright � 2005, Alejandro Galindo
Price Data Components
Series array that contains open time of each bar
Orders Execution
Checks for the total of open ordersIt Closes Orders by itself It can change open orders parameters, due to possible stepping strategyIt automatically opens orders when conditions are reached
Indicators Used
MACD Histogram
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Profitability Reports

GBP/USD Oct 2024 - Jan 2025
0.00 %
Total Trades 0
Won Trades 0
Lost trades 0
Win Rate 0.0 %
Expected payoff 0.00
Gross Profit 0.00
Gross Loss 0.00
Total Net Profit 0.00
-100%
-50%
0%
50%
100%
10points 3 loss cutoff
//+------------------------------------------------------------------+
//|                                                   10points 3.mq4 |
//|                              Copyright © 2005, Alejandro Galindo |
//|                                              http://elCactus.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, Alejandro Galindo"
#property link      "http://elCactus.com"

extern double TakeProfit = 40;
extern double Lots = 0.1;
extern double InitialStop = 0;
extern double TrailingStop = 20;
extern double MaxLoss = 150;
extern int MaxTrades=10;
extern int Pips=15;
extern int SecureProfit=10;
extern int AccountProtection=1;
extern int OrderstoProtect=3;
extern int ReverseCondition=0;
extern double EURUSDPipValue=10;
extern double GBPUSDPipValue=10;
extern double USDCHFPipValue=10;
extern double USDJPYPipValue=9.715;
extern int StartYear=2005;
extern int StartMonth=1;
extern int EndYear=2005;
extern int EndMonth=12;
extern int EndHour=22;
extern int EndMinute=30;
extern int mm=0;
extern int risk=12;
extern int AccountisNormal=0;

int  OpenOrders=0, cnt=0;
int  slippage=5;
double sl=0, tp=0;
double BuyPrice=0, SellPrice=0;
double lotsi=0, mylotsi=0;
int mode=0, myOrderType=0;
bool ContinueOpening=True;
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;
string text="", text2="";

//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//---- 
   if (AccountisNormal==1)
   {
	  if (mm!=0) { lotsi=MathCeil(AccountBalance()*risk/10000); }
		else { lotsi=Lots; }
   } else {  // then is mini
    if (mm!=0) { lotsi=MathCeil(AccountBalance()*risk/10000)/10; }
		else { lotsi=Lots; }
   }

   if (lotsi>100){ lotsi=100; }
   
   OpenOrders=0;
   for(cnt=0;cnt<OrdersTotal();cnt++)   
   {
     OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
	  if (OrderSymbol()==Symbol())
	  {				
	  	  OpenOrders++;
	  }
   }     
   
   if (OpenOrders<1) 
   {
	  if (TimeYear(CurTime())<StartYear) { return(0);  }
	  if (TimeMonth(CurTime())<StartMonth) { return(0); }
	  if (TimeYear(CurTime())>EndYear) { return(0); }
	  if (TimeMonth(CurTime())>EndMonth ) { return(0); }
   }
   
   if (Symbol()=="EURUSD") { PipValue=EURUSDPipValue; }
   if (Symbol()=="GBPUSD") { PipValue=GBPUSDPipValue; }
   if (Symbol()=="USDJPY") { PipValue=USDJPYPipValue; }
   if (Symbol()=="USDCHF") { PipValue=USDCHFPipValue; }
   if (PipValue==0) { PipValue=5; }
   
   if (PreviousOpenOrders>OpenOrders) 
   {	  
	  for(cnt=OrdersTotal();cnt>=0;cnt--)
	  {
	     OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
	  	  mode=OrderType();
		  if (OrderSymbol()==Symbol()) 
		  {
			if (mode==OP_BUY) { OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),slippage,Blue); }
			if (mode==OP_SELL) { OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),slippage,Red); }
			return(0);
		 }
	  }
   }

   PreviousOpenOrders=OpenOrders;
   if (OpenOrders>=MaxTrades) 
   {
	  ContinueOpening=False;
   } else {
	  ContinueOpening=True;
   }

   if (LastPrice==0) 
   {
	  for(cnt=0;cnt<OrdersTotal();cnt++)
	  {	
	    OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
		 mode=OrderType();	
		 if (OrderSymbol()==Symbol()) 
		 {
			LastPrice=OrderOpenPrice();
			if (mode==OP_BUY) { myOrderType=2; }
			if (mode==OP_SELL) { myOrderType=1;	}
		 }
	  }
   }

   if (OpenOrders<1) 
   {
	  myOrderType=3;
	  //if (iMACD(14,26,9,MODE_MAIN,0)>0 and iMACD(14,26,9,MODE_MAIN,0)>iMACD(14,26,9,MODE_MAIN,1)) then OrderType=2;
	  if (iMACD(NULL,0,14,26,9,PRICE_CLOSE,MODE_MAIN,0)>iMACD(NULL,0,14,26,9,PRICE_CLOSE,MODE_MAIN,1)) { myOrderType=2; }
	  //if (iMACD(14,26,9,MODE_MAIN,0)<0 and iMACD(14,26,9,MODE_MAIN,0)<iMACD(14,26,9,MODE_MAIN,1)) then OrderType=1;
	  if (iMACD(NULL,0,14,26,9,PRICE_CLOSE,MODE_MAIN,0)<iMACD(NULL,0,14,26,9,PRICE_CLOSE,MODE_MAIN,1)) { myOrderType=1; }
	  if (ReverseCondition==1)
	  {
	  	  if (myOrderType==1) { myOrderType=2; }
		  else { if (myOrderType==2) { myOrderType=1; } }
	  }
   }

   // if we have opened positions we take care of them
   for(cnt=OrdersTotal();cnt>=0;cnt--)
   {
     OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
	  if (OrderSymbol() == Symbol()) 
	  {	
	  	  if (OrderType()==OP_SELL) 
	  	  {			
	  	  	  if (TrailingStop>0) 
			  {
				  if (OrderOpenPrice()-Ask>=(TrailingStop+Pips)*Point) 
				  {						
					 if (OrderStopLoss()>(Ask+Point*TrailingStop))
					 {			
					    OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderClosePrice()-TakeProfit*Point-TrailingStop*Point,800,Purple);
	  					 return(0);	  					
	  				 }
	  			  }
			  }
	  	  }
   
	  	  if (OrderType()==OP_BUY)
	  	  {
	  		 if (TrailingStop>0) 
	  		 {
			   if (Bid-OrderOpenPrice()>=(TrailingStop+Pips)*Point) 
				{
					if (OrderStopLoss()<(Bid-Point*TrailingStop)) 
					{					   
					   OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderClosePrice()+TakeProfit*Point()+TrailingStop*Point(),800,Yellow);
                  return(0);
					}
  				}
			 }
	  	  }
   	}
   }
   
   Profit=0;
   LastTicket=0;
   LastType=0;
	LastClosePrice=0;
	LastLots=0;	
	for(cnt=0;cnt<OrdersTotal();cnt++)
	{
	  OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
	  if (OrderSymbol()==Symbol()) 
	  {			
	  	   LastTicket=OrderTicket();
			if (OrderType()==OP_BUY) { LastType=OP_BUY; }
			if (OrderType()==OP_SELL) { LastType=OP_SELL; }
			LastClosePrice=OrderClosePrice();
			LastLots=OrderLots();
			if (LastType==OP_BUY) 
			{
				//Profit=Profit+(Ord(cnt,VAL_CLOSEPRICE)-Ord(cnt,VAL_OPENPRICE))*PipValue*Ord(cnt,VAL_LOTS);				
				if (OrderClosePrice()<OrderOpenPrice()) 
					{ Profit=Profit-(OrderOpenPrice()-OrderClosePrice())*OrderLots()/Point; }
				if (OrderClosePrice()>OrderOpenPrice()) 
					{ Profit=Profit+(OrderClosePrice()-OrderOpenPrice())*OrderLots()/Point; }
			}
			if (LastType==OP_SELL) 
			{
				//Profit=Profit+(Ord(cnt,VAL_OPENPRICE)-Ord(cnt,VAL_CLOSEPRICE))*PipValue*Ord(cnt,VAL_LOTS);
				if (OrderClosePrice()>OrderOpenPrice()) 
					{ Profit=Profit-(OrderClosePrice()-OrderOpenPrice())*OrderLots()/Point; }
				if (OrderClosePrice()<OrderOpenPrice()) 
					{ Profit=Profit+(OrderOpenPrice()-OrderClosePrice())*OrderLots()/Point; }
			}
			//Print(Symbol,":",Profit,",",LastLots);
	  }
   }
	
	Profit=Profit*PipValue;
	text2="Profit: $"+DoubleToStr(Profit,2)+" +/-";
   CheckExit();
   if (OpenOrders>=(MaxTrades-OrderstoProtect) && AccountProtection==1) 
   {	    
	     //Print(Symbol,":",Profit);
	     if (Profit>=SecureProfit) 
	     {
	        OrderClose(LastTicket,LastLots,LastClosePrice,slippage,Yellow);		 
	        ContinueOpening=False;
	        return(0);
	     }
   }

      if (!IsTesting()) 
      {
	     if (myOrderType==3) { text="No conditions to open trades"; }
	     else { text="                         "; }
	     Comment("LastPrice=",LastPrice," Previous open orders=",PreviousOpenOrders,"\nContinue opening=",ContinueOpening," OrderType=",myOrderType,"\n",text2,"\nLots=",lotsi,"\n",text);
      }

      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 (InitialStop==0) { sl=0; }
		    else { sl=SellPrice+InitialStop*Point;  }
		    if (OpenOrders!=0) 
		    {
			      mylotsi=lotsi;			
			      for(cnt=1;cnt<=OpenOrders;cnt++)
			      {
				     if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*1.5,2); }
				     else { mylotsi=NormalizeDouble(mylotsi*2,2); }
			      }
		    } else { mylotsi=lotsi; }
		    if (mylotsi>100) { mylotsi=100; }
		    OrderSend(Symbol(),OP_SELL,mylotsi,SellPrice,slippage,sl,tp,NULL,0,0,Red);		    		    
		    return(0);
	     }
      }
      
      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 (InitialStop==0)  { sl=0; }
		    else { sl=BuyPrice-InitialStop*Point; }
		    if (OpenOrders!=0) {
			   mylotsi=lotsi;			
			   for(cnt=1;cnt<=OpenOrders;cnt++)
			   {
				  if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*1.5,2); }
				  else { mylotsi=NormalizeDouble(mylotsi*2,2); }
			   }
		    } else { mylotsi=lotsi; }
		    if (mylotsi>100) { mylotsi=100; }
		    OrderSend(Symbol(),OP_BUY,mylotsi,BuyPrice,slippage,sl,tp,NULL,0,0,Blue);		    
		    return(0);
	     }
      }   

//----
   return(0);
  }
//+------------------------------------------------------------------+






int CheckExit()
{

if (Profit<-MaxLoss) 
   {	  
	  for(cnt=OrdersTotal();cnt>=0;cnt--)
	  {
	     OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
	  	  mode=OrderType();
		  if (OrderSymbol()==Symbol()) 
		  {
			if (mode==OP_BUY) { OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),slippage,Blue); }
			if (mode==OP_SELL) { OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),slippage,Red); }
			return(0);
		 }
	  }
   }



}

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