FractalTakeOut_v1a1

Author: Copyright � Mar/30/2007, C.O.P.Y.C.A.T.
Profit factor:
0.00
Orders Execution
Checks for the total of closed ordersChecks for the total of open ordersIt Closes Orders by itself It automatically opens orders when conditions are reached
Indicators Used
Moving average indicatorFractals
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FractalTakeOut_v1a1
//+--------------------------------------------------------------------------+
//|                                                   FractalTakeOut_v1a.mq4 |
//|                                  Copyright © Mar/30/2007, C.O.P.Y.C.A.T. | Copy Over Paste Yippee Code Assembly Technician
//| 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 int OpenTradeBuffer = 1;
extern int CloseTradeBuffer = 1;
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+1) > 0 ) LastVisableHighFractal = iFractals(Symbol(),0,MODE_UPPER, b+1);
     if ( iFractals(Symbol(),0,MODE_LOWER, b+1) > 0 ) LastVisableLowFractal  = iFractals(Symbol(),0,MODE_LOWER, b+1);
    }
   
   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+(CloseTradeBuffer*Point) || OrderProfit() <= (-StopLoss$) )
        {
          OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),0,White);
        }
      }
     if ( OrderSymbol() == Symbol() && OrderType() == OP_SELL && OrderMagicNumber() == MagicNumber )
      {
       if ( OrderOpenTime() >= SellTradeTime ) { SellTradeTime = OrderOpenTime(); } else { SellTradeTime = SellTradeTime; }
       if ( Close[0] <= Ma3Low-(CloseTradeBuffer*Point) || OrderProfit() <= (-StopLoss$) )
        {
          OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),0,White);
        }
      }
    }
   
   if ( !HighBreaker && High[0] > LastVisableHighFractal ) { HighPrice = LastVisableHighFractal; HighBreaker = true; 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+(OpenTradeBuffer*Point) && BuyTradeTime < Time[0] )
    {
      ticket = OrderSend(Symbol(),OP_BUY,0.10,Ask,0,0,0,"FractalTakeOut_v1a"+MagicNumber,MagicNumber,0,Aqua);
      BuyTradeTime = TimeCurrent();
     if( ticket < 1 )
      {
        Print("OrderSend failed with error #",GetLastError());
        BuyTradeTime = 0;
      }
    }
   
   if ( LowBreaker && Close[0] >= Ma3High-(OpenTradeBuffer*Point) && SellTradeTime < Time[0] )
    {
      ticket = OrderSend(Symbol(),OP_SELL,0.10,Bid,0,0,0,"FractalTakeOut_v1a"+MagicNumber,MagicNumber,0,DeepPink);
      SellTradeTime = TimeCurrent();
     if( ticket < 1 )
      {
        Print("OrderSend failed with error #",GetLastError());
        SellTradeTime = 0;
      }
    }
   
   Comment("\n","  Last High Fractal TakeOut Price : ",HighPrice,
           "\n","  Buy Mode : ",HighBreaker,
           "\n",
           "\n","  Last Low Fractal TakeOut Price : ",LowPrice,
           "\n","  Sell Mode : ",LowBreaker);
   
//----
   return(0);
  }
//+------------------------------------------------------------------+

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