EMA_CROSS_CONTEST_HEDGED

Author: Coders Guru
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 indicatorMACD Histogram
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Profitability Reports

AUD/USD Oct 2024 - Jan 2025
57.00 %
Total Trades 196
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff -1.66
Gross Profit 428.40
Gross Loss -754.20
Total Net Profit -325.80
-100%
-50%
0%
50%
100%
EMA_CROSS_CONTEST_HEDGED
/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                     EMA_CROSS_CONTEST_HEDGED.mq4 |
//|                                                      Coders Guru |
//|                                         http://www.forex-tsd.com |
//+------------------------------------------------------------------+

#property copyright "Coders Guru"
#property link      "http://www.forex-tsd.com"

//---- Trades limits
extern double    TakeProfit=150;
extern double    TrailingStop=40;
extern double    StopLoss=150;
extern int       HedgeLevel=6;

extern bool UseClose = true;
extern bool UseMACD = true;

extern double Expiration = 7200;

extern int ShortEma = 4; 
extern int LongEma = 24;
extern int CurrentBar = 1;
extern double Lots = 0.10;

string ExpertName = "EMA_CROSS_CONTEST_HEDGED";
int Magic = 20060328;

//+------------------------------------------------------------------
int init() 
{  
   return(0);  
}
int deinit() 
{ 
   return(0);  
}

//+------------------------------------------------------------------
/*bool NewBar(int bar)
{
   static datetime lastbar=0;
   datetime curbar = Time[bar];
   if(lastbar!=curbar)
   {
      lastbar=curbar;
      return (true);
   }
   else
   {
      return(false);
   }
} */ 

int Crossed()
   {
     double EmaLongPrevious = iMA(NULL,0,LongEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar+1); 
	  double EmaLongCurrent = iMA(NULL,0,LongEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar);
	  double EmaShortPrevious = iMA(NULL,0,ShortEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar+1);
	  double EmaShortCurrent = iMA(NULL,0,ShortEma,0,MODE_EMA, PRICE_CLOSE, CurrentBar);
     
     if (EmaShortPrevious<EmaLongPrevious && EmaShortCurrent>EmaLongCurrent )     return (1); //up trend
     if (EmaShortPrevious>EmaLongPrevious && EmaShortCurrent<EmaLongCurrent )     return (2); //down trend
     
     return (0); //elsewhere
   }

bool isNewSumbol(string current_symbol)
  {
   //loop through all the opened order and compare the symbols
   int total  = OrdersTotal();
   for(int cnt = 0 ; cnt < total ; cnt++)
   {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
      string selected_symbol = OrderSymbol();
      if (current_symbol == selected_symbol)
      return (False);
    }
    return (True);
}
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//---- 

   int cnt, ticket, total;
   double SEma, LEma;
   
   
   if(Bars<100)
     {
      Print("bars less than 100");
      return(0);  
     }
   if(TakeProfit<10)
     {
      Print("TakeProfit less than 10");
      return(0);  // check TakeProfit
     }
     
     
   
   total  = OrdersTotal();
   
  
   double macd = iMACD(NULL,0,4,24,12,PRICE_CLOSE,MODE_SIGNAL,CurrentBar);
   
   if(UseMACD==false) macd=0;
  
   if(total < 1 || isNewSumbol(Symbol())) 
     {
       if(Crossed() == 1 &&  macd >= 0 )
         {
            
              ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*MarketInfo(Symbol(),MODE_POINT),Ask+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + 3600,Green);
            if(ticket>0)
              {
               if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice());
              }
            else Print("Error opening BUY order : ",GetLastError()); 
            
            OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+HedgeLevel*MarketInfo(Symbol(),MODE_POINT),3,(Ask+HedgeLevel*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+HedgeLevel*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
            OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT),3,(Ask+(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
            OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT),3,(Ask+(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
            OrderSend(Symbol(),OP_BUYSTOP,Lots,Ask+(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT),3,(Ask+(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))-StopLoss*MarketInfo(Symbol(),MODE_POINT),(Ask+(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))+TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
          
            return(0);
         }
         if(Crossed ()==2 &&  macd <= 0  )
         {
            
            ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*MarketInfo(Symbol(),MODE_POINT),Bid-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,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()); 

            OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-HedgeLevel*MarketInfo(Symbol(),MODE_POINT),3,(Bid-HedgeLevel*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-HedgeLevel*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
            OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-(HedgeLevel+1)*MarketInfo(Symbol(),MODE_POINT),3,(Bid-(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
            OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-(HedgeLevel+2)*MarketInfo(Symbol(),MODE_POINT),3,(Bid-(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
            OrderSend(Symbol(),OP_SELLSTOP,Lots,Bid-(HedgeLevel+3)*MarketInfo(Symbol(),MODE_POINT),3,(Bid-(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))+StopLoss*MarketInfo(Symbol(),MODE_POINT),(Bid-(HedgeLevel+4)*MarketInfo(Symbol(),MODE_POINT))-TakeProfit*MarketInfo(Symbol(),MODE_POINT),ExpertName,Magic,CurTime() + Expiration,Blue);
            return(0);
         }
         return(0);
     }
     
     
   for(cnt=0;cnt<total;cnt++)
     {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);

      if(OrderType()<=OP_SELL && OrderSymbol()==Symbol())
        {
         if(OrderType()==OP_BUY)   // long position is opened
           {
            
            if(UseClose)
            {
               if(Crossed ()== 2)
               {
                 OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                 return(0); // exit
               }
             }
            // check for trailing stop
            if(TrailingStop>0)  
              {                 
               if(Bid-OrderOpenPrice()>MarketInfo(Symbol(),MODE_POINT)*TrailingStop)
                 {
                  if(OrderStopLoss()<Bid-MarketInfo(Symbol(),MODE_POINT)*TrailingStop)
                    {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Bid-MarketInfo(Symbol(),MODE_POINT)*TrailingStop,OrderTakeProfit(),0,Green);
                     return(0);
                    }
                 }
              }
           }
         else // go to short position
           {
           
           if(UseClose)
            {  
               if(Crossed ()== 1)
               {
               OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
                    return(0); // exit
               }
             }
            // check for trailing stop
            if(TrailingStop>0)  
              {                 
               if((OrderOpenPrice()-Ask)>(MarketInfo(Symbol(),MODE_POINT)*TrailingStop))
                 {
                  if((OrderStopLoss()>(Ask+MarketInfo(Symbol(),MODE_POINT)*TrailingStop)) || (OrderStopLoss()==0))
                    {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Ask+MarketInfo(Symbol(),MODE_POINT)*TrailingStop,OrderTakeProfit(),0,Red);
                     return(0);
                    }
                 }
              }
           }
        }
     }
   return(0);
  }
//+------------------------------------------------------------------+


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