es_capelast_reversed_ECN_v1.01

Orders Execution
Checks for the total of open ordersIt automatically opens orders when conditions are reachedIt can change open orders parameters, due to possible stepping strategy
Miscellaneous
It plays sound alertsIt issuies visual alerts to the screen
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Profitability Reports

AUD/USD Oct 2024 - Jan 2025
1118.00 %
Total Trades 560
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff 8.94
Gross Profit 5500.00
Gross Loss -491.80
Total Net Profit 5008.20
-100%
-50%
0%
50%
100%
NZD/USD Oct 2024 - Jan 2025
1195.00 %
Total Trades 501
Won Trades 491
Lost trades 10
Win Rate 0.98 %
Expected payoff 8.98
Gross Profit 4910.00
Gross Loss -411.00
Total Net Profit 4499.00
-100%
-50%
0%
50%
100%
es_capelast_reversed_ECN_v1.01
//+------------------------------------------------------------------+
//|                               es_capelast_reversed_ECN_v1.01.mq4 |
//|                                    Copyright © 2009, OGUZ BAYRAM |
//|                                            es_cape77@hotmail.com |
//+------------------------------------------------------------------+

extern int YourAccountNumber = 123456;
extern double lTakeProfit = 10.0;
extern double sTakeProfit = 10.0;
extern double lStopLoss = 2000.0;
extern double sStopLoss = 2000.0;
extern int max_num_orders = 50;
extern int max_orders_per_symbol = 10;
extern color clOpenBuy = Green;
extern color clOpenSell = Red;
extern string Name_Expert = "es_capelast_reversed_ECN_v1";
extern int magic_number = 789667;
extern int Slippage = 1;
extern bool UseSound = FALSE;
extern string NameFileSound = "Alert.wav";
extern double Lots = 0.1;
extern bool reverseLogic = true;

int gi_ticket_number;
double gd_point;
double gd_digit;
bool gi_accountVerified = FALSE;

int init(){
   if (IsDemo() == TRUE){
      gi_accountVerified = TRUE;
      Comment(Name_Expert + " trading on DEMO account");
   }
   else { //real trading Account
      gi_accountVerified = CheckAccountNumber();
      if (gi_accountVerified == FALSE) return (0);
      Comment(Name_Expert + " trading on LIVE account");
   }
   gd_point = SetPoint();
   gd_digit = SetDigit();
}
void deinit() {
   Comment("");
}

int start() {
   if (IsTradeAllowed() == FALSE) return (0);
   
   if (Bars < 100) {
      Print("bars less than 100");
      return (0);
   }
   if (lTakeProfit < 1.0) {
      Print("TakeProfit less than 1");
      return (0);
   }
   if (sTakeProfit < 1.0) {
      Print("TakeProfit less than 1");
      return (0);
   }
   double diClose0 = iClose(NULL, PERIOD_M5, 0);
   double diMA1 = iMA(NULL, PERIOD_M5, 5, 0, MODE_EMA, PRICE_OPEN, 1);
   double diClose2 = iClose(NULL, PERIOD_M5, 0);
   double diMA3 = iMA(NULL, PERIOD_M5, 4, 0, MODE_EMA, PRICE_OPEN, 1);
   if (AccountFreeMargin() < 1000.0 * Lots) {
      Print("We have no money. Free Margin = ", AccountFreeMargin());
      return (0);
   }
   if (!ExistPositions()) {
      if (diClose0 < diMA1) {
         if (reverseLogic) OpenSell();
         else OpenBuy();
         return (0);
      }
      if (diClose2 > diMA3) {
         if (reverseLogic) OpenBuy();
         else OpenSell();
         return (0);
      }
   }
   return (0);
}

//Wait to exit positions if all order slots are full
bool ExistPositions() {
   if ((OrdersTotal() >= max_num_orders ) || (OrderCount() >= max_orders_per_symbol))
      return (TRUE);
   else
      return (FALSE); 
}

//Count orders on current chart symbol
int OrderCount () {
   int count=0;
   for (int j=0; j<OrdersTotal(); j++) {
      if (OrderSelect(j, SELECT_BY_POS, MODE_TRADES))
         if (OrderSymbol() == Symbol()) count++;
   }
   return (count);
}

void OpenBuy() {
   double ldLot = GetSizeLot();
   double ldStop = GetStopLossBuy();
   double ldTake = GetTakeProfitBuy();
   string lsComm = GetCommentForOrder();
   gi_ticket_number = OrderSend(Symbol(), OP_BUY, ldLot, Ask, Slippage, 0, 0, Name_Expert, magic_number, 0, clOpenBuy);
   OrderSelect(gi_ticket_number, SELECT_BY_TICKET);
   OrderModify(OrderTicket(), OrderOpenPrice(), ldStop, ldTake, 0, Blue);
   if (UseSound) PlaySound(NameFileSound);
}

void OpenSell() {
   double ldLot = GetSizeLot();
   double ldStop = GetStopLossSell();
   double ldTake = GetTakeProfitSell();
   string lsComm = GetCommentForOrder();
   gi_ticket_number = OrderSend(Symbol(), OP_SELL, ldLot, Bid, Slippage, 0, 0, Name_Expert, magic_number, 0, clOpenSell);
   OrderSelect(gi_ticket_number, SELECT_BY_TICKET);
   OrderModify(OrderTicket(), OrderOpenPrice(), ldStop, ldTake, 0, Red);
   if (UseSound) PlaySound(NameFileSound);
}

string GetCommentForOrder() {
   return (Name_Expert);
}

double GetSizeLot() {
   return (Lots);
}

double SetPoint() {
   double ld_point;
   if (Digits < 4) ld_point = 0.01;
   else ld_point = 0.0001;
   return (ld_point);
}

double SetDigit() {
   double ld_digit;
   if (Digits < 4) ld_digit = 2;
   else ld_digit = 4;
   return (ld_digit);
}

double GetTakeProfitBuy() {
   return (Ask + lTakeProfit * gd_point);
}

double GetTakeProfitSell() {
   return (Bid - sTakeProfit * gd_point);
}

double GetStopLossBuy() {
   return (Bid - lStopLoss * gd_point);
}

double GetStopLossSell() {
   return (Ask + sStopLoss * gd_point);
}

bool CheckAccountNumber() {
   if (YourAccountNumber == AccountNumber()) return (TRUE);
   Alert("AccountNumber entered is incorrect.\n You entered ", YourAccountNumber);
   return (FALSE);
}

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