Contrarian_trade_ma

Price Data Components
Series array that contains open prices of each barSeries array that contains open prices of each barSeries array that contains the highest prices of each barSeries array that contains the lowest prices of each barSeries array that contains close prices for each barSeries array that contains close prices for each bar
Orders Execution
Checks for the total of open ordersIt automatically opens orders when conditions are reachedIt Closes Orders by itself
Indicators Used
Moving average indicator
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Profitability Reports

GBP/USD Oct 2024 - Jan 2025
22.00 %
Total Trades 34
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff -109.88
Gross Profit 1064.00
Gross Loss -4800.00
Total Net Profit -3736.00
-100%
-50%
0%
50%
100%
NZD/USD Oct 2024 - Jan 2025
27.00 %
Total Trades 21
Won Trades 2
Lost trades 19
Win Rate 0.10 %
Expected payoff -94.50
Gross Profit 718.50
Gross Loss -2703.00
Total Net Profit -1984.50
-100%
-50%
0%
50%
100%
Contrarian_trade_ma
//+------------------------------------------------------------------+
//|                                          Contrarian_trade_MA.mq4 |
//|                                                            Seiji |
//+------------------------------------------------------------------+

extern double Lots = 0.5;
extern double CalcPeriod = 4;
extern double MAPeriod = 7;
extern double StopLoss = 300;

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int start()
  {
   double MA7, Open0, Max, Min, Close1;
   int cnt, ticket, total;
// initial data checks
// it is important to make sure that the expert works with a normal
// chart and the user did not make any mistakes setting external 
// variables (Lots, StopLoss, TakeProfit, 
// TrailingStop) in our case, we check TakeProfit
// on a chart of less than 100 bars
   if(Bars<100)
     {
      Print("bars less than 100");
      return(0);  
     }
   
// to simplify the coding and speed up access
// data are put into internal variables
   MA7=iMA(NULL,PERIOD_W1,MAPeriod,0,MODE_SMA,PRICE_CLOSE,1);
   Open0=iOpen(NULL,PERIOD_W1,0);
   Max=iHigh(NULL,PERIOD_W1,Highest(NULL,PERIOD_W1,MODE_HIGH,CalcPeriod,2));
   Min=iLow(NULL,PERIOD_W1,Lowest(NULL,PERIOD_W1,MODE_LOW,CalcPeriod,2));
   Close1=iClose(NULL,PERIOD_W1,1);
   
   total=OrdersTotal();
   if(total<1) 
     {
      // no opened orders identified
      if(AccountFreeMargin()<(1000*Lots))
        {
         Print("We have no money. Free Margin = ", AccountFreeMargin());
         return(0);  
        }
      // check for long position (BUY) possibility
      if(DayOfWeek()==1)
         {
         if(Max<Close1)
            {
            ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,0,"macd sample",16384,0,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); 
            }
         }
      if(DayOfWeek()==1)
         {
         if(Min>Close1)
            {
            ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,0,"macd sample",16384,0,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); 
            }
         }
      if(DayOfWeek()==1)
         {
         if(MA7>Open0)
            {
            ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,0,"macd sample",16384,0,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); 
            }
         }
      // check for short position (SELL) possibility
      if(DayOfWeek()==1)
         {
         if(MA7<Open0)
            {
            ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,0,"macd sample",16384,0,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);
          }   
       }      
   // it is important to enter the market correctly, 
   // but it is more important to exit it correctly...   
   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(CurTime()-OrderOpenTime()>604800)
                {
                 OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                 return(0); // exit
                }
           }
         else // go to short position
           {
            // should it be closed?
            if(CurTime()-OrderOpenTime()>604800)
              {
               OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
               return(0); // exit
              }
          }
        }
     }
   return(0);
  }
// the end.

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