FractalTakeOut_v1

//+--------------------------------------------------------------------------+
//|                                                    FractalTakeOut_v1.mq4 |
//|                                  Copyright © Mar/30/2007, C.O.P.Y.C.A.T. |
//| http://finance.groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/ |
//+--------------------------------------------------------------------------+

//Built for Peter Henry , as described in the thread titled "Simple Fractal trading system" @ http://finance.groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/

#property copyright "Copyright © Mar/30/2007, C.O.P.Y.C.A.T."
#property link "http://finance.groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/"

extern double StopLoss$ = 10.00; // == $0.00 , Not Pips
extern int MagicNumber = 1913;

double HighPrice = 0;
bool HighBreaker = false;

double LowPrice = 0;
bool LowBreaker = false;

int i;
int ticket = 0;
double BuyTradeTime=0;
double SellTradeTime=0;

//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//----
   
   if (!IsDemo())return(0);
   
   double Ma3High = iMA(Symbol(),0,3,0,MODE_SMA,PRICE_HIGH,0);
   double Ma3Low  = iMA(Symbol(),0,3,0,MODE_SMA,PRICE_LOW ,0);
   
   double LastVisableHighFractal = 0, LastVisableLowFractal = 0;
   
   for (int b=Bars-10;b>=0;b--)
    {
     if (iFractals(Symbol(),0,MODE_UPPER, b) > 0) LastVisableHighFractal = iFractals(Symbol(),0,MODE_UPPER, b);
     if (iFractals(Symbol(),0,MODE_LOWER, b) > 0) LastVisableLowFractal  = iFractals(Symbol(),0,MODE_LOWER, b);
    }
   
   ticket = 0;
   BuyTradeTime=0;
   SellTradeTime=0;
   
   for (i = 0; i < OrdersHistoryTotal() ; i++)
    {
      OrderSelect(i,SELECT_BY_POS,MODE_HISTORY);
     if ( OrderSymbol() == Symbol() && OrderType() == OP_BUY && OrderMagicNumber() == MagicNumber )
      {
        BuyTradeTime = OrderOpenTime();
      }
     if ( OrderSymbol() == Symbol() && OrderType() == OP_SELL && OrderMagicNumber() == MagicNumber )
      {
        SellTradeTime = OrderOpenTime();
      }
    }
   
   for (i = 0; i < OrdersTotal() ; i++)
    {
      OrderSelect(i,SELECT_BY_POS,MODE_TRADES);
     if ( OrderSymbol() == Symbol() && OrderType() == OP_BUY && OrderMagicNumber() == MagicNumber  )
      {
       if(OrderOpenTime()>= BuyTradeTime) { BuyTradeTime = OrderOpenTime(); } else { BuyTradeTime = BuyTradeTime; }
       if(Close[0]>=Ma3High || OrderProfit()<=(-StopLoss$))
        {
          OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),0,White);
        }
      }
     if ( OrderSymbol() == Symbol() && OrderType() == OP_SELL && OrderMagicNumber() == MagicNumber  )
      {
       if(OrderOpenTime()>= SellTradeTime) { SellTradeTime = OrderOpenTime(); } else { SellTradeTime = SellTradeTime; }
       if(Close[0]<=Ma3Low || OrderProfit()<=(-StopLoss$))
        {
          OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),0,White);
        }
      }
    }
   
   if (HighBreaker && HighPrice < LastVisableHighFractal) { HighBreaker = false; }
   
   if (!HighBreaker && High[0] > LastVisableHighFractal) { HighPrice = LastVisableHighFractal; HighBreaker = true; LowBreaker = false; }
   
   if (LowBreaker && LowPrice > LastVisableLowFractal) { LowBreaker = false; }
   
   if (!LowBreaker && Low[0] < LastVisableLowFractal) { LowPrice = LastVisableLowFractal; HighBreaker = false; LowBreaker = true; }
   
   if (HighPrice == 0) HighBreaker = false;
   if (LowPrice  == 0) LowBreaker  = false;
   
   if (HighBreaker && Close[0] < Ma3Low && BuyTradeTime < Time[0])
    {
      ticket = OrderSend(Symbol(),OP_BUY,0.10,Ask,0,0,0,"FractalTakeOut_v1"+MagicNumber,MagicNumber,0,Aqua);
      BuyTradeTime = TimeCurrent();
     if(ticket < 1)
      {
        Print("OrderSend failed with error #",GetLastError());
        BuyTradeTime = 0;
      }
    }
   
   if (LowBreaker && Close[0] > Ma3High && SellTradeTime < Time[0])
    {
      ticket = OrderSend(Symbol(),OP_SELL,0.10,Bid,0,0,0,"FractalTakeOut_v1"+MagicNumber,MagicNumber,0,DeepPink);
      SellTradeTime = TimeCurrent();
     if(ticket < 1)
      {
        Print("OrderSend failed with error #",GetLastError());
        SellTradeTime = 0;
      }
    }
   
   Comment("\n","  Last Visable High Fractal Price : ",LastVisableHighFractal,
           "\n","  Last High TakeOut Price : ",HighPrice,
           "\n","  Buy Mode : ",HighBreaker,
           "\n",
           "\n","  Last Visable Low Fractal Price : ",LastVisableLowFractal,
           "\n","  Last Low TakeOut Price : ",LowPrice,
           "\n","  Sell Mode : ",LowBreaker);
   
//----
   return(0);
  }
//+------------------------------------------------------------------+