DayTrading_v2

Author: Copyright � 2005, NazFunds Company
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 HistogramStochastic oscillatorParabolic Stop and Reverse systemMomentum indicator
Miscellaneous
It issuies visual alerts to the screen
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Profitability Reports

AUD/USD Oct 2024 - Jan 2025
0.00 %
Total Trades 13
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff 16.31
Gross Profit 212.00
Gross Loss 0.00
Total Net Profit 0.00
-100%
-50%
0%
50%
100%
GBP/USD Oct 2024 - Jan 2025
223.00 %
Total Trades 14
Won Trades 13
Lost trades 1
Win Rate 0.93 %
Expected payoff 8.07
Gross Profit 205.00
Gross Loss -92.00
Total Net Profit 113.00
-100%
-50%
0%
50%
100%
DayTrading_v2
//+------------------------------------------------------------------+
//|                                                   DayTrading.mq4 |
//|                               Copyright © 2005, NazFunds Company |
//|                                          http://www.nazfunds.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, NazFunds Company"
#property link      "http://www.nazfunds.com"
// A reliable expert, use it on 5 min charts with 20/pips profit limit. 
// Do not place any stop loss. No worries, check the results 
extern double lots         = 1.0;           
extern double trailingStop = 15;            // trail stop in points
extern double takeProfit   = 20;            // recomended  no more than 20
extern double stopLoss     = 0;             // do not use s/l
extern double slippage     = 3;
// EA identifier. Allows for several co-existing EA with different values
extern string nameEA       = "DayTrading";  
//----
double macdHistCurrent, macdHistPrevious, macdSignalCurrent, macdSignalPrevious;
double stochHistCurrent, stochHistPrevious, stochSignalCurrent, stochSignalPrevious;
double sarCurrent, sarPrevious, momCurrent, momPrevious;
double realTP, realSL;
bool isBuying = false, isSelling = false, isClosing = false;
int cnt, ticket;
//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init() 
  {
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit() 
  {
   return(0);
  }
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start() 
  {
// Check for invalid bars and takeprofit
   if(Bars < 200) 
     {
       Print("Not enough bars for this strategy - ", nameEA);
       return(-1);
     }
// Calculate indicators' value  
   calculateIndicators();                       
// Control open trades
   int totalOrders = OrdersTotal();
   int numPos = 0;
// scan all orders and positions...
   for(cnt = 0; cnt < totalOrders; cnt++) 
     {        
       // the next line will check for ONLY market trades, not entry orders
       OrderSelect(cnt, SELECT_BY_POS); 
       // only look for this symbol, and only orders from this EA        
       if(OrderSymbol() == Symbol() && OrderType() <= OP_SELL && OrderComment() == nameEA) 
         {   
           numPos++;
           // Check for close signal for bought trade
           if(OrderType() == OP_BUY)  
             {           
               if(isSelling || isClosing) 
                 {
                   // Close bought trade
                   OrderClose(OrderTicket(),OrderLots(),Bid,slippage,Violet);   
                   prtAlert("Day Trading: Closing BUY order");
                 }         
               // Check trailing stop
               if(trailingStop > 0) 
                 {             
                   if(Bid-OrderOpenPrice() > trailingStop*Point) 
                     {
                       if(OrderStopLoss() < (Bid - trailingStop*Point))
                           OrderModify(OrderTicket(), OrderOpenPrice(), 
                                       Bid-trailingStop*Point,OrderTakeProfit(),0,Blue);
                     }
                 }
             } 
           else 
             // Check sold trade for close signal
             {                              
               if(isBuying || isClosing) 
                 {
                   OrderClose(OrderTicket(), OrderLots(), Ask, slippage, Violet);
                   prtAlert("Day Trading: Closing SELL order");
                 } 
               if(trailingStop > 0) 
                 // Control trailing stop
                 {             
                   if(OrderOpenPrice() - Ask > trailingStop*Point) 
                     {
                       if(OrderStopLoss() == 0 || OrderStopLoss() > Ask + trailingStop*Point)
                           OrderModify(OrderTicket(), OrderOpenPrice(), 
                                       Ask + trailingStop*Point, OrderTakeProfit(),
                                       0, Red);
                     }           
                 } 
             }
         }
     }
   // If there is no open trade for this pair and this EA
   if(numPos < 1) 
     {   
       if(AccountFreeMargin() < 1000*lots) 
         {
           Print("Not enough money to trade ", lots, " lots. Strategy:", nameEA);
           return(0);
         }
       // Check for BUY entry signal
       if(isBuying && !isSelling && !isClosing) 
         {  
           if(stopLoss > 0)
               realSL = Ask - stopLoss * Point;
           if(takeProfit > 0)
               realTP = Ask + takeProfit * Point;
           // Buy
           ticket = OrderSend(Symbol(), OP_BUY, lots, Ask, slippage, realSL, realTP, 
                    nameEA, 16384,0,Red);  
           if(ticket < 0)
               Print("OrderSend (",nameEA,") failed with error #", GetLastError());
           prtAlert("Day Trading: Buying"); 
         }
       // Check for SELL entry signal
       if(isSelling && !isBuying && !isClosing) 
         {  
           if(stopLoss > 0)
               realSL = Bid + stopLoss * Point;
           if(takeProfit > 0)
               realTP = Bid - takeProfit * Point;
           // Sell
           ticket = OrderSend(Symbol(), OP_SELL, lots, Bid, slippage, realSL, realTP, 
                              nameEA, 16384, 0, Red); 
           if(ticket < 0)
               Print("OrderSend (",nameEA,") failed with error #", GetLastError());
           prtAlert("Day Trading: Selling"); 
         }
     }
   return(0);
  }
//+------------------------------------------------------------------+
//|  Calculate indicators' value                                     |
//+------------------------------------------------------------------+
void calculateIndicators() 
  { 
   macdHistCurrent     = iMACD(NULL, 0, 12, 26, 9, PRICE_OPEN, MODE_MAIN, 0);   
   macdHistPrevious    = iMACD(NULL, 0, 12, 26, 9, PRICE_OPEN, MODE_MAIN, 1);   
   macdSignalCurrent   = iMACD(NULL, 0, 12, 26, 9, PRICE_OPEN, MODE_SIGNAL, 0); 
   macdSignalPrevious  = iMACD(NULL, 0, 12, 26, 9, PRICE_OPEN, MODE_SIGNAL, 1); 
   stochHistCurrent    = iStochastic(NULL, 0, 5, 3, 3, MODE_SMA, 0, MODE_MAIN, 0);
   stochHistPrevious   = iStochastic(NULL, 0, 5, 3, 3, MODE_SMA, 0, MODE_MAIN, 1);
   stochSignalCurrent  = iStochastic(NULL, 0, 5, 3, 3, MODE_SMA, 0, MODE_SIGNAL, 0);
   stochSignalPrevious = iStochastic(NULL, 0, 5, 3, 3, MODE_SMA, 0, MODE_SIGNAL, 1);
   // Parabolic Sar Current
   sarCurrent          = iSAR(NULL, 0, 0.02, 0.2, 0);
   // Parabolic Sar Previuos           
   sarPrevious         = iSAR(NULL, 0, 0.02, 0.2, 1);
   // Momentum Current           
   momCurrent          = iMomentum(NULL, 0, 14, PRICE_OPEN, 0);
   // Momentum Previous 
   momPrevious         = iMomentum(NULL, 0, 14, PRICE_OPEN, 1); 
   // Check for BUY, SELL, and CLOSE signal
   isBuying  = (sarCurrent <= Ask && sarPrevious>sarCurrent && momCurrent < 100 && 
                macdHistCurrent < macdSignalCurrent && stochHistCurrent < 35);
   isSelling = (sarCurrent >= Bid && sarPrevious<sarCurrent && momCurrent > 100 && 
                macdHistCurrent > macdSignalCurrent && stochHistCurrent > 60);
   isClosing = false;
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void prtAlert(string str = "") 
  {
   Print(str);
   Alert(str);
//   SpeechText(str,SPEECH_ENGLISH);
//   SendMail("Subject EA",str);
  }
//+------------------------------------------------------------------+

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