Ema_cross_contest_hedged_v1

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%
GBP/USD Oct 2024 - Jan 2025
84.00 %
Total Trades 428
Won Trades 296
Lost trades 132
Win Rate 0.69 %
Expected payoff -0.72
Gross Profit 1584.80
Gross Loss -1894.00
Total Net Profit -309.20
-100%
-50%
0%
50%
100%
NZD/USD Oct 2024 - Jan 2025
37.00 %
Total Trades 207
Won Trades 109
Lost trades 98
Win Rate 0.53 %
Expected payoff -3.72
Gross Profit 457.10
Gross Loss -1227.90
Total Net Profit -770.80
-100%
-50%
0%
50%
100%
Ema_cross_contest_hedged_v1
//+------------------------------------------------------------------+
//|                                     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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