This script, called "Firebird," is designed to automatically trade in the foreign exchange market (also known as Forex). It aims to profit from short-term price swings around an expected average price. Here's a breakdown of how it works:
1. Finding the Average:
- The script calculates a moving average (SMA) of the price over a specified period (default is 10 days using 30-minute intervals). A moving average is simply the average price over a set number of time periods. This helps smooth out price fluctuations and identify the overall trend.
- The user can select whether to use the closing price or the average of the high and low prices for each period in this calculation.
- The script then creates a channel around this moving average. The channel boundaries are set at a certain percentage (default is 2%) above and below the moving average.
2. Identifying Trading Opportunities:
- The core idea is that when the price moves outside this channel, it's likely to return to the average. So, when the price "breaks" or moves beyond the channel boundaries, the script considers this a potential trading opportunity.
- If the price breaks above the upper channel boundary, the script assumes the price is likely to fall and initiates a "sell" trade (betting the price will go down).
- Conversely, if the price breaks below the lower channel boundary, the script assumes the price is likely to rise and initiates a "buy" trade (betting the price will go up).
3. Managing Risk and Averaging Losses:
- The script uses a "grid trading" or "averaging down" strategy. This means if the price moves against the initial trade, it will open another trade in the same direction to improve the overall average entry price. This is intended to lower the price needed to reach profitability.
- The distance in pips (a standard unit of measurement in Forex) that the price must move against the initial trade before a new trade is opened is a user-configurable parameter called
PipStep
. - The script also uses "take profit" and "stop-loss" levels. "Take profit" automatically closes the trade when a desired profit is reached, and "stop-loss" automatically closes the trade to limit potential losses.
- It keeps track of the overall stop-loss. If the accumulated losses across all open positions reach a pre-defined level, it will stop trading to protect the account from further losses.
- The script contains a divergence check which is a technical analysis technique that compares price movement to the movement of an oscillator to assess the likelihood of the current price trend continuing.
4. Additional Features and Considerations:
- The script includes logic to avoid trading during specific hours or days (e.g., avoiding trading late on Friday) to limit exposure during potentially volatile periods.
- It uses a minimum margin level. If the account's margin falls below this level, the script will stop trading.
- It calculates the average opening price of all open trades in a specific currency pair and uses this average to recalculate and adjust the stop-loss and take-profit levels.
- It keeps track of the maximum drawdown (the largest loss from a peak to a trough) and the maximum number of open orders.
- It uses a "magic number" to identify trades initiated by this specific script. This ensures that the script only manages its own trades and doesn't interfere with trades placed manually or by other scripts.
- The script has configurable parameters for things like moving average length, percentage channel width, trade sizes (lots), take profit, stop loss, and slippage tolerance. This allows users to customize the script's behavior to match their risk tolerance and trading style.
In essence, Firebird is an automated trading system that uses a combination of moving averages, channel breakouts, and averaging techniques to try and profit from short-term price fluctuations in the Forex market. It's designed to be highly customizable, but it's important to understand the risks involved before using it, as Forex trading can be highly volatile and lead to losses.
Profitability Reports
//+-----------------------------------------------------------------------------+
//| Firebird v1.0a1 - MA envelope exhaustion system |
//+-----------------------------------------------------------------------------+
#property copyright "Copyright © 2005-2006, TraderSeven & Others"
#property link "TraderSeven@gmx.net"
// \\|// +-+-+-+-+-+-+-+-+-+-+-+ \\|//
// ( o o ) |T|r|a|d|e|r|S|e|v|e|n| ( o o )
// ~~~~oOOo~(_)~oOOo~~~~ +-+-+-+-+-+-+-+-+-+-+-+ ~~~~oOOo~(_)~oOOo~~~~
// Firebird calculates a 10 day SMA and then shifts it up and down 2% to for a channel.
// For the calculation of this SMA either close (more trades) or H+L (safer trades) is used.
// When the price breaks a band a postion in the opposite of the current trend is taken.
// If the position goes against us we simply open an extra position to average.
// 50% of the trades last a day. 45% 2-6 days 5% longer or just fail.
// Forum link to follow further develop about Firebird v1.0 and later : **
// CHANGES LOG
// V1.0 [11 Aug 2006] - Fixed version derived from v0.63G. Now divergence is calculated correctly for all JPY pairs. (Skyline)
// V1.0a [18 Aug 2006] - Deleted printed label about Account Equity on Expert tab. (Nvwine)
//----------------------- USER INPUT
extern int MA_length = 10;
extern int MA_timeframe = 30;
extern int MAtype = 0;//0=close, 1=HL
extern double Percent = 0.1;
extern int TradeOnFriday = 1; // >0 trades on friday
extern int slip = 100;//exits only
extern double Lots = 0.1; // modified by Renato
extern int TakeProfit = 30;
extern int Stoploss = 300;// total loss on all open positions in pips // modified by Renato
extern double MinMarginLevel = 250; // Below this Minimum Margin Level percent % trading stops
//extern double TrailingStop = 5;
// Ron added for iFXAnalyzer
extern int Fast_Period = 23;
extern int Fast_Price = PRICE_OPEN;
extern int Slow_Period = 84;
extern int Slow_Price = PRICE_OPEN;
extern double DivergenceLimit = 0.002;
extern bool Use_V63D_Divergence = true;// 0 - Use original method for divergence, 1 - use in iFXAnalyzer
extern int PipStep = 30;//if position goes this amount of pips against you add another.
extern double IncreasementType = 0;//0=just add every PipStep, >0 =OrdersToal()^x *Pipstep
double Stopper=0;
double KeepStopLoss=0;
double KeepAverage;
double dummy;
double spread=0;
double CurrentPipStep;
int OrderWatcher=0;
// Ron Adds
int maxDD=0;
int maxOO=0;
extern int DVLimit = 10; // included by Renato
extern int PipsGoal = 500; // included by Renato
extern int PipsLoss = 500; // included by Renato
color clOpenBuy = DodgerBlue; // included by Renato
color clModiBuy = DodgerBlue; // included by Renato
color clCloseBuy = DodgerBlue; // included by Renato
color clOpenSell = Red; // included by Renato
color clModiSell = Red; // included by Renato
color clCloseSell = Red; // included by Renato
color clDelete = White; // included by Renato
string Name_Expert = "Firebird v1.0a1"; // included by Renato
string NameFileSound = "expert.wav"; // included by Renato
int MODE_DIV=0; // included by Renato
int MODE_SLOPE=1; // included by Renato
int MODE_ACEL=2; // included by Renato
//extern int GMT = 2; // InterbankFX // included by Renato
extern int GMT = 0; // InterbankFX // included by Renato Changed back to 0 by MrPip
extern int DST = 0; // 0=Standard 1=Daylight Saving // included by Renato
extern int OpeningHour = 0; // included by Renato
extern int ClosingHour = 23; // included by Renato
extern int writelog = 0;
// MrPip adds
int MagicNumber; // Made a global variable to aid in modularizing expert code
int Direction; //1=long, 11=avoid long, 2=short, 22=avoid short
double LastPrice;
double PriceTarget;
double AveragePrice;
int init() {
LogWrite(Symbol()+",M"+Period());
}
//----------------------- MAIN PROGRAM LOOP
int start()
{
int flag, retval, total, myTotal;
LogWrite(TimeToStr(CurTime())+" - "+"Bid="+Bid);
MagicNumber=MagicfromSymbol();
Comment(MagicNumber);
SetupGlobalVariables();
//Comment("Percent=",Percent); // included by Renato
int OpeningDay;
if ( DayOfWeek()==6 && Hour()>=20 ) { Comment("weekend"); return(0); } // included by Renato
if ( !(IsTesting() || IsDemo()) ) { if (LossCheck()) { Alert("excessive loss!"); PlaySound("alert.wav"); return(0); }} // included by Renato
//Print("Account equity = ",AccountEquity());
//Ron Adds
double diverge;
if(AccountBalance()-AccountEquity() > maxDD) maxDD=AccountBalance()-AccountEquity();
if(MyOrdersTotal()>maxOO) maxOO=OrdersTotal(); //modified by Renato
diverge=divergence(Fast_Period,Slow_Period,Fast_Price,Slow_Price,0);
Comment("maxDrawDown=",maxDD," maxOrdersOpen=",maxOO," Current Divergence = ",diverge);
//----------------------- CALCULATE THE NEW PIPSTEP
CurrentPipStep=PipStep;
if(IncreasementType>0)
{
CurrentPipStep=MathSqrt(MyOrdersTotal())*PipStep; // modified by Renato
CurrentPipStep=MathPow(MyOrdersTotal(),IncreasementType)*PipStep; // modified by Renato
}
LogWrite("CurrentPipStep="+CurrentPipStep);
//-----------------------
Direction=0;//1=long, 11=avoid long, 2=short, 22=avoid short
if (Day()!=5 || TradeOnFriday >0)
{
total=OrdersTotal();
myTotal = MyOrdersTotal();
LogWrite("OrdersTotal="+total);
LogWrite("MyOrdersTotal="+myTotal);
if(myTotal==0) OpeningDay=DayOfYear(); // modified by Renato
if (myTotal > 0)
LastPrice = GetPreviousOpenPrice();
else
LogWrite("LastPrice="+LastPrice);
flag = CheckJustClosedOrder();
if(flag!=1)
{
//----------------------- PREVIOUS OPEN PRICE
OrderWatcher=0;
LastPrice = GetPreviousOpenPrice();
LogWrite("LastPrice="+LastPrice);
//Print("ordersymbol = ", OrderSymbol(), " OrderOpenPrice= ", DoubleToStr(OrderOpenPrice(), 10), " lastprice= ",DoubleToStr(LastPrice, 10 ));
// Ron added divergence check
if(MathAbs(diverge)<=DivergenceLimit) {
if ( Hour()<OpeningHour+GMT+DST || Hour()>ClosingHour+GMT+DST ) Comment("bad hours."); else { // included by Renato
/*if ( (iFXAnalyser(0,MODE_DIV,0)>DVLimit*Point
&& iFXAnalyser(0,MODE_SLOPE,0)>0 )
|| (iFXAnalyser(0,MODE_DIV,0)<-DVLimit*Point
&& iFXAnalyser(0,MODE_SLOPE,0)<0 ) ) { Comment("trending market!");} else {// included by Renato*/
//----------------------- ENTER POSITION BASED ON OPEN
if(MAtype==0)
{
retval = EnterPositionBasedOnOpen();
if (retval == 1) // Opened Short position
{
OrderWatcher=1;
Direction=2;
}
if (retval == 2) // Opened Long Position
{
OrderWatcher=1;
Direction=1;
}
}
//----------------------- ENTER POSITION BASED ON HIGH/LOW
if(MAtype==1)
{
retval = EnterPositionBasedOnHL();
if (retval == 1)
{
OrderWatcher=1;
Direction=2;
}
if (retval == 2)
{
OrderWatcher=1;
Direction=1;
}
}
} // included by Renato
} // included by Ron
} // end of flag test
//----------------------- CALCULATE AVERAGE OPENING PRICE
myTotal = MyOrdersTotal();
if (myTotal>0 && OrderWatcher==1)
{
AveragePrice = CalculateAverageOpeningPrice(myTotal);
Comment("AveragePrice: ",AveragePrice," myTotal: ",myTotal); // modified by Renato
}
//----------------------- RECALCULATE STOPLOSS & PROFIT TARGET BASED ON AVERAGE OPENING PRICE
// ReCalcSLTP_FromAverage();
// Comment("AveragePrice= ", AveragePrice);
//----------------------- IF NEEDED CHANGE ALL OPEN ORDERS TO THE NEWLY CALCULATED PROFIT TARGET
if(OrderWatcher==1 && myTotal>1)// check if average has really changed
{
ChangeOpenOrders(false, myTotal, AveragePrice);
}
//----------------------- KEEP TRACK OF STOPLOSS TO AVOID RUNAWAY MARKETS
//if (myTot>0) // modified by Renato
if (myTotal > 0) KeepTrackOfStopLoss(AveragePrice);
}
}
void SetupGlobalVariables()
{
switch(MagicNumber) {// included by Renato
case 26910: // EURUSD,M30 // optmized 06/03/20
// MA_length=18; // George's setting
// MA_timeframe=30;
// MAtype=0;
Percent=0.15; // George's setting
TradeOnFriday=1;
slip=100;
// Lots=0.05;
// TakeProfit=30; // George's setting
// Stoploss=300;
PipStep=5;
IncreasementType=0.0;
DVLimit = 8; // included by Renato
OpeningHour = 6; // included by Renato
ClosingHour = 14; // included by Renato
break;
case 25803: // GBPUSD,M30
// MA_length=18;
// MA_timeframe=30;
// MAtype=0;
Percent=0.25;
TradeOnFriday=1;
slip=100;
// Lots=0.05;
// TakeProfit=30;
// Stoploss=100;
PipStep=5;
IncreasementType=0.0;
DVLimit = 8; // included by Renato
OpeningHour = 7; // included by Renato
ClosingHour = 15; // included by Renato
break;
case 26715: // EURCHF,M30 // optmized 06/03/20
MA_length=18;
MA_timeframe=30;
MAtype=0;
Percent=0.1;
TradeOnFriday=1;
slip=100;
Lots=0.05;
TakeProfit=10;
Stoploss=300;
PipStep=7;
IncreasementType=0.0;
DVLimit = 6; // included by Renato
OpeningHour = 6; // included by Renato
ClosingHour = 14; // included by Renato
break;
/*case : // USDCHF,M30
DVLimit = 8; // included by Renato
OpeningHour = 6; // included by Renato
ClosingHour = 14; // included by Renato
break;*/
/*case : // USDJPY,M30
DVLimit = 8; // included by Renato
OpeningHour = 23; // included by Renato
ClosingHour = 7; // included by Renato
break;*/
/*case : // USDAUD,M30
DVLimit = 8; // included by Renato
OpeningHour = 23; // included by Renato
ClosingHour = 6; // included by Renato
break;*/
/*default:
if (!(IsTesting() || IsDemo()))
Alert("This advisor is suited for the EURUSD,M30 or GBPUSD,M30 charts only");
return(0);
break;
*/
}
}
// Modules moved using cut/paste and modified by MrPip
double GetPreviousOpenPrice()
{
int cnt;
double LstPrice;
for(cnt=OrdersTotal()-1;cnt>=0;cnt--){
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
// Print("ordersymbol = ", OrderSymbol(), " OrderOpenPrice= ", DoubleToStr(OrderOpenPrice(), 10));
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicNumber) && (OrderComment()==GetCommentForOrder()) ) // hdb - only symbol and magic // modified by Renato
{
LstPrice=OrderOpenPrice();
// Comment("LastPrice= ",DoubleToStr(LastPrice, 10));
// Print("cnt= ", cnt, " ordersymbol = ", OrderSymbol(), " OrderOpenPrice= ", DoubleToStr(OrderOpenPrice(), 10), " lastprice= ",DoubleToStr(LastPrice, 10 ));
break;
}
}
return(LstPrice);
}
/////////////////////////////////////////////////////////////////////////////////////////
// BACKTESTER FIX: DO NOT PLACE AN ORDER IF WE JUST CLOSED
// AN ORDER WITHIN Period() MINUTES AGO
/////////////////////////////////////////////////////////////////////////////////////////
int CheckJustClosedOrder()
{
int cnt;
datetime orderclosetime;
string rightnow;
int rightnow2;
int TheHistoryTotal=HistoryTotal();
int difference;
int flag=0;
for(cnt=0;cnt<TheHistoryTotal;cnt++)
{
if(OrderSelect(cnt,SELECT_BY_POS,MODE_HISTORY)==true)
{
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicNumber) && (OrderComment()==GetCommentForOrder()) ) // hdb - only symbol and magic // modified by Renato
{
orderclosetime=OrderCloseTime();
rightnow=Year()+"-"+Month()+"-"+Day()+" "+Hour()+":"+Minute()+":"+Seconds();
rightnow2=StrToTime(rightnow);
difference=rightnow2-orderclosetime;
if(Period()*60*2>difference)
{ // At least 2 periods away!
flag=1; // Throw a flag
break;
}
}
}
}
return(flag);
}
//----------------------- ENTER POSITION BASED ON OPEN
int EnterPositionBasedOnOpen()
{
int ret;
double myMA =iMA(NULL,MA_timeframe,MA_length,0,MODE_SMA,PRICE_OPEN,0);
double RVI=iRVI(NULL,0,10,MODE_MAIN,0)-iRVI(NULL,0,10,MODE_MAIN,1); // included by Renato
// Print(" Top, Bid ",myMA*(1+Percent/100)," ",Bid);
// if((myMA*(1+Percent/100))<Bid) Print(" Top, Bid ",myMA*(1+Percent/100)," ",Bid);
if(AccountEquity()/(AccountMargin()+0.0001)>(MinMarginLevel/100))
{
// Go SHORT -> Only sell if >= 30 pips above previous position entry
if( (myMA*(1+Percent/100))<Bid && Direction!=22 && (Bid>=(LastPrice+(CurrentPipStep*Point)) || MyOrdersTotal()==0) && RVI<0) // modified by Renato
{
OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),GetCommentForOrder(),MagicNumber,0,clOpenSell); // modified by Renato
ret = 1;
}
if( (myMA*(1-Percent/100))>Ask && Direction!=11 && (Ask<=(LastPrice-(CurrentPipStep*Point)) || MyOrdersTotal()==0) && RVI>0) // Go LONG -> Only buy if >= 30 pips below previous position entry // modified by Renato
{
OrderSend(Symbol(),OP_BUY,Lots,Ask,slip,Ask-(Stoploss*Point),Ask+(TakeProfit*Point),GetCommentForOrder(),MagicNumber,0,clOpenBuy); // modified by Renato
ret = 2;
}
return(ret);
}
}
//----------------------- ENTER POSITION BASED ON HIGH/LOW
int EnterPositionBasedOnHL()
{
if(AccountEquity()/(AccountMargin()+0.0001)>(MinMarginLevel/100))
{
int ret;
if((iMA(NULL,MA_timeframe,MA_length,0,MODE_SMA,PRICE_HIGH,0)*(1+Percent/100))<Bid && Direction!=22 && (Bid>=(LastPrice+(CurrentPipStep*Point)) || MyOrdersTotal()==0)) // Go SHORT -> Only sell if >= 30 pips above previous position entry // modified by Renato
{
OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),GetCommentForOrder(),MagicNumber,0,clOpenSell); // modified by Renato
ret = 1;
}
if((iMA(NULL,MA_timeframe,MA_length,0,MODE_SMA,PRICE_LOW,0)*(1-Percent/100))>Ask && Direction!=11 && (Ask<=(LastPrice-(CurrentPipStep*Point)) || MyOrdersTotal()==0)) // Go LONG -> Only buy if >= 30 pips below previous position entry // modified by Renato
{
OrderSend(Symbol(),OP_BUY,Lots,Ask,slip,Ask-(Stoploss*Point),Ask+(TakeProfit*Point),GetCommentForOrder(),MagicNumber,0,clOpenBuy); // modified by Renato
ret = 2;
}
return(ret);
}
}
//----------------------- CALCULATE AVERAGE OPENING PRICE
double CalculateAverageOpeningPrice(int myTot)
{
int cnt;
double AvePrice;
AvePrice=0;
// int myOrderType = -1; // hdb
// myTotal = 0; // hdb - count of relevant trades
for(cnt=OrdersTotal() - 1;cnt>=0;cnt--)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicNumber) && (OrderComment()==GetCommentForOrder()) ) // hdb - only symbol and magic // modified by Renato
{
AvePrice=AvePrice+OrderOpenPrice();
// myOrderType = OrderType(); // hdb - keep order type
// myTotal = myTotal+1; // hdb - count of relevant trades
}
}
AvePrice=AvePrice/MathMax(myTot,1); // hdb myTotal
return(AvePrice);
}
//----------------------- RECALCULATE STOPLOSS & PROFIT TARGET BASED ON AVERAGE OPENING PRICE
//void ReCalcSLTP_FromAverage()
//{
// OrderSelect(0, SELECT_BY_POS, MODE_TRADES); // hdb removed
/*
if(myOrderType==OP_BUY && OrderWatcher==1 && myTotal>1) // Calculate profit/stop target for long
{
PriceTarget=AveragePrice+(TakeProfit*Point);
Stopper=AveragePrice-(((Stoploss*Point)/myTotal));
}
if(myOrderType==OP_SELL && OrderWatcher==1 && myTotal>1) // Calculate profit/stop target for short
{
PriceTarget=AveragePrice-(TakeProfit*Point);
Stopper=AveragePrice+(((Stoploss*Point)/myTotal));
}
*/
//}
//----------------------- RECALCULATE STOPLOSS & PROFIT TARGET BASED ON AVERAGE OPENING PRICE
//----------------------- IF NEEDED CHANGE ALL OPEN ORDERS TO THE NEWLY CALCULATED PROFIT TARGET
void ChangeOpenOrders(bool ChangeIt, int myTot, double AvePrice)
{
int cnt, total;
total=OrdersTotal();
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicNumber) && (OrderComment()==GetCommentForOrder()) ) // hdb - only symbol and magic // modified by Renato
{
if(OrderType()==OP_BUY ) // Calculate profit/stop target for long // modified by Renato
{
PriceTarget=AvePrice+(TakeProfit*Point);
Stopper=AvePrice-(((Stoploss*Point)/myTot));
}
if(OrderType()==OP_SELL ) // Calculate profit/stop target for short // modified by Renato
{
PriceTarget=AvePrice-(TakeProfit*Point);
Stopper=AvePrice+(((Stoploss*Point)/myTot));
}
if (ChangeIt) OrderModify(OrderTicket(),0,Stopper,PriceTarget,0,Yellow);//set all positions to averaged levels
}
}
}
//----------------------- KEEP TRACK OF STOPLOSS TO AVOID RUNAWAY MARKETS
// Sometimes the market keeps trending so strongly the system never reaches it's target.
// This means huge drawdown. After stopping out it falls in the same trap over and over.
// The code below avoids this by only accepting a signal in teh opposite direction after a SL was hit.
// After that all signals are taken again. Luckily this seems to happen rarely.
void KeepTrackOfStopLoss(double AvePrice)
{
int myOrderType, total, cnt;
myOrderType = -1; // hdb
total=OrdersTotal();
for(cnt=0;cnt<total;cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicNumber) && (OrderComment()==GetCommentForOrder()) ) // hdb - only symbol and magic // modified by Renato
{
KeepStopLoss=OrderStopLoss();
myOrderType = OrderType(); // hdb - keep order type
}
}
KeepAverage=AvePrice;
Direction =0;
if(myOrderType==OP_BUY)
{ Direction=1; } //long
else
{ if (myOrderType==OP_SELL) Direction=2; }//short
if(KeepStopLoss!=0)
{
spread=MathAbs(KeepAverage-KeepStopLoss)/2;
dummy=(Bid+Ask)/2;
if (KeepStopLoss<(dummy+spread) && KeepStopLoss>(dummy-spread))
{
// a stoploss was hit
if(Direction==1) Direction=11;// no more longs
if(Direction==2) Direction=22;// no more shorts
}
KeepStopLoss=0;
}
}
int MagicfromSymbol() { // included by Renato
int MagicNumber=0;
for (int i=0; i<5; i++) {
MagicNumber=MagicNumber*3+StringGetChar(Symbol(),i);
}
MagicNumber=MagicNumber*3+Period();
return(MagicNumber);
}
void CloseTheseTrades() { // included by Renato
for (int i=0; i<OrdersTotal(); i++) {
if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) {
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicfromSymbol()) && (OrderComment()==GetCommentForOrder()) ) {
if (OrderType()==OP_BUY)
OrderClose(OrderTicket(),OrderLots(),Bid,GetSlippage(),clCloseBuy);
if (OrderType()==OP_SELL)
OrderClose(OrderTicket(),OrderLots(),Ask,GetSlippage(),clCloseSell);
if (OrderType()==OP_SELLSTOP || OrderType()==OP_SELLLIMIT ||
OrderType()==OP_BUYSTOP || OrderType()==OP_BUYLIMIT)
OrderDelete(OrderTicket());
}
}
}
}
void CloseLoosingTrades() { // included by Renato
for (int i=0; i<OrdersTotal(); i++) {
if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) {
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicfromSymbol()) && (OrderComment()==GetCommentForOrder()) ) {
if (OrderType()==OP_BUY)
if ( iFXAnalyser(240,MODE_DIV,0)<-DVLimit*Point )
OrderClose(OrderTicket(),OrderLots(),Bid,GetSlippage(),clCloseBuy);
if (OrderType()==OP_SELL)
if ( iFXAnalyser(240,MODE_DIV,0)>DVLimit*Point )
OrderClose(OrderTicket(),OrderLots(),Ask,GetSlippage(),clCloseSell);
}
}
}
}
double iFXAnalyser(int FXA_Period, int mode, int shift)// Made local function by MrPip
{
double ind_buffer0, ind_buffer1, ind_buffer2;
switch(mode)
{
// MODE_DIV
case 0 : ind_buffer0=iMA(NULL,FXA_Period,Fast_Period,0,MODE_SMA,Fast_Price,shift)
-iMA(NULL,FXA_Period,Slow_Period,0,MODE_SMA,Slow_Price,shift);
return (ind_buffer0);
break;
//---- Shaun's Slope counted in the 2-nd buffer
// MODE_SLOPE
case 1 : ind_buffer1=(iMA(NULL,FXA_Period,Fast_Period,0,MODE_SMA,Fast_Price,shift)
-iMA(NULL,FXA_Period,Slow_Period,0,MODE_SMA,Slow_Price,shift))
-(iMA(NULL,FXA_Period,Fast_Period,0,MODE_SMA,Fast_Price,shift+1)
-iMA(NULL,FXA_Period,Slow_Period,0,MODE_SMA,Slow_Price,shift+1));
return (ind_buffer1);
break;
//---- Shaun's Slope of Slope counted in the 3-3d buffer
// MODE_ACEL
case 2 : ind_buffer2=((iMA(NULL,FXA_Period,Fast_Period,0,MODE_SMA,Fast_Price,shift)
-iMA(NULL,FXA_Period,Slow_Period,0,MODE_SMA,Slow_Price,shift))
-(iMA(NULL,FXA_Period,Fast_Period,0,MODE_SMA,Fast_Price,shift+1)
-iMA(NULL,FXA_Period,Slow_Period,0,MODE_SMA,Slow_Price,shift+1))
-(iMA(NULL,FXA_Period,Fast_Period,0,MODE_SMA,Fast_Price,shift+1)
-iMA(NULL,FXA_Period,Slow_Period,0,MODE_SMA,Slow_Price,shift+1))
-(iMA(NULL,FXA_Period,Fast_Period,0,MODE_SMA,Fast_Price,shift+2)
-iMA(NULL,FXA_Period,Slow_Period,0,MODE_SMA,Slow_Price,shift+2)));
return (ind_buffer2);
break;
}
}
// Ron added for divergence filter
double divergence(int F_Period, int S_Period, int F_Price, int S_Price, int mypos)
{
int i;
double maF1, maF2, maS1, maS2;
double dv1, dv2;
maF1=iMA(Symbol(),0,F_Period,0,MODE_SMA,F_Price,mypos);
maS1=iMA(Symbol(),0,S_Period,0,MODE_SMA,S_Price,mypos);
dv1=maF1-maS1;
maF2=iMA(Symbol(),0,F_Period,0,MODE_SMA,F_Price,mypos+1);
maS2=iMA(Symbol(),0,S_Period,0,MODE_SMA,S_Price,mypos+1);
if (Use_V63D_Divergence)
{
dv2=((maF1-maS1)-(maF2-maS2));
}
else
{
dv2=maF2-maS2;
}
if ((Symbol()=="EURJPY") || // FIXED BY SKYLINE ON 11 Aug 2006
(Symbol()=="USDJPY") ||
(Symbol()=="CHFJPY") ||
(Symbol()=="AUDJPY") ||
(Symbol()=="CADJPY") ||
(Symbol()=="NZDJPY") ||
(Symbol()=="GBPJPY") ||
(Symbol()=="SGDJPY"))
{
return((dv1-dv2)/100);
}
else
{
return(dv1-dv2);
}
}
bool GoalCheck() { // included by Renato
int handle = FileOpen(LogFileName(),FILE_CSV|FILE_READ,";");
if (handle>0) {
int lsteqty = FileReadNumber(handle);
FileClose(handle);
}
else lsteqty = 0;
if (lsteqty==0) {
handle = FileOpen(LogFileName(),FILE_CSV|FILE_WRITE,";");
FileWrite(handle,AccountEquity());
FileClose(handle);
}
else if (AccountEquity()-lsteqty>=PipsGoal*GetSizeLot()) return(True);
else return(False);
}
bool LossCheck() { // included by Renato
int handle = FileOpen(LogFileName(),FILE_CSV|FILE_READ,";");
if (handle>0) {
int lsteqty = FileReadNumber(handle);
FileClose(handle);
}
else lsteqty = 0;
if (lsteqty==0) {
handle = FileOpen(LogFileName(),FILE_CSV|FILE_WRITE,";");
FileWrite(handle,AccountEquity());
FileClose(handle);
}
if (lsteqty-AccountEquity()>=PipsLoss*GetSizeLot()) return(True);
else return(False);
}
string LogFileName() { // included by Renato
string stryear = DoubleToStr(Year(),0);
string strmonth = DoubleToStr(Month(),0);
if (StringLen(strmonth)<2) strmonth = "0"+strmonth;
string strday = DoubleToStr(Day(),0);
if (StringLen(strday)<2) strday = "0"+strday;
return(stryear+strmonth+strday+".log");
}
void LogWrite(string content) {
if (writelog==1) {
int handle = FileOpen(Name_Expert+".log",FILE_CSV|FILE_WRITE,";");
FileSeek(handle,0,SEEK_END);
FileWrite(handle,content);
FileFlush(handle);
FileClose(handle);
}
}
int MyOrdersTotal() { // included by Renato
int Mytotal=0;
for (int i=0; i<OrdersTotal(); i++) {
if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES))
if ( (OrderSymbol()==Symbol()) && (OrderMagicNumber()==MagicfromSymbol()) && (OrderComment()==GetCommentForOrder()) )
Mytotal++;
}
return(Mytotal);
}
string GetCommentForOrder() { return(Name_Expert); } // included by Renato
double GetSizeLot() { return(Lots);} // included by Renato
double GetSlippage() { return((Ask-Bid)/Point); } // included by Renato
//----------------------- TO DO LIST
// 1st days profit target is the 30 pip line *not* 30 pips below average as usually. -----> Day()
// Trailing stop -> trailing or S/R or pivot target
// Realistic stop loss
// Avoid overly big positions
// EUR/USD 30 pips / use same value as CurrentPipStep
// GBP/CHF 50 pips / use same value as CurrentPipStep
// USD/CAD 35 pips / use same value as CurrentPipStep
//----------------------- OBSERVATIONS
// GBPUSD not suited for this system due to not reversing exhaustions. Maybe use other types of MA
// EURGBP often sharp reversals-> good for trailing stops?
// EURJPY deep pockets needed.
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