Author: Copyright � 2006, tageiger aka fxid10t@yahoo.com
Price Data Components
Series array that contains open time of each bar
Orders Execution
It automatically opens orders when conditions are reachedIt Closes Orders by itself Checks for the total of open orders
Indicators Used
Relative strength index
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icwr ea
/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                                       icwr.mq4 |
//|                 Copyright © 2006, tageiger aka fxid10t@yahoo.com |
//|                                        http://www.metatrader.org |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, tageiger aka fxid10t@yahoo.com"
#property link      "http://www.metatrader.org"

extern double     MaximumRisk       =0.02;   //%account balance to risk per position
extern double     DecreaseFactor    =3;      //lot size divisor(reducer) during loss streak
extern double     Lot.Margin        =50;     //Margin for 1 lot   

extern int        Magic             =69;
extern string     comment           ="m icwr ea";

double   spread;  spread      =Ask-Bid;
int      slip;    slip        =spread/Point;

int RequiredWaveHeight,b,s,cnt,b.ticket,s.ticket;
double rsi,SL,ICWR,ICWRv0,awp1,awp2,active.high,active.low,high.c,high.r,low.r,low.c;
datetime awt1,awt2,a.high.shift,a.low.shift,shift;

int init(){return(0);}
int deinit(){return(0);}
int start(){

   PosCounter();  
   rsi=iRSI(Symbol(),1440,14,PRICE_CLOSE,0);
   
   if(Period()==5) {RequiredWaveHeight=40;SL=50*Point;} 
   if(Period()==240) {RequiredWaveHeight=150;SL=100*Point;}
   ICWR=iCustom(Symbol(),Period(),"ICWR",10,5,3,RequiredWaveHeight,0,0);
   ICWRv0=iCustom(Symbol(),Period(),"ICWR v0","ZigZag",10,5,3,"ActiveWave",50,RequiredWaveHeight,0,0);

   awt1=ObjectGet("Activewave",OBJPROP_TIME1);
   awp1=ObjectGet("Activewave",OBJPROP_PRICE1);
   awt2=ObjectGet("Activewave",OBJPROP_TIME2);
   awp2=ObjectGet("Activewave",OBJPROP_PRICE2);
   
   if(awp1>awp2)  {
      active.high=awp1;
      a.high.shift=iBarShift(Symbol(),Period(),awt1);
      active.low=awp2;
      a.low.shift=iBarShift(Symbol(),Period(),awt2);}
   else  {
      active.high=awp2;
      a.high.shift=iBarShift(Symbol(),Period(),awt2);
      active.low=awp1;
      a.low.shift=iBarShift(Symbol(),Period(),awt1);}

   if(a.high.shift<a.low.shift) shift=a.high.shift;
   else shift=a.low.shift;

   high.c=NormalizeDouble(active.low+((active.high-active.low)*0.75),Digits);
   high.r=NormalizeDouble(active.low+((active.high-active.low)*0.618),Digits);
   low.r=NormalizeDouble(active.low+((active.high-active.low)*0.382),Digits);
   low.c=NormalizeDouble(active.low+((active.high-active.low)*0.25),Digits);

   if(rsi>50)  {
      for(int i=0;i<shift;i++)   {
         if(Close[i]<high.r && Close[i]>low.r && Low[1]>high.c && b==0) {
            b.ticket=OrderSend(Symbol(),
                              OP_BUY,
                              LotsOptimized(),
                              Ask,
                              slip,
                              Ask-SL,
                              0,
                              Period()+comment,
                              Magic,0,Blue);
                              if(b.ticket>0)   {
                                 if(OrderSelect(b.ticket,SELECT_BY_TICKET,MODE_TRADES))
                                       {   Print(b.ticket);   }
                                 else Print("Error Opening BuyStop Order: ",GetLastError());
                              return(0);}}}}

   if(rsi<50 && rsi>0)  {
      for(int ii=0;ii<shift;ii++)   {
         if(Close[ii]<high.r && Close[ii]>low.r && High[1]<low.c && s==0)  {
            s.ticket=OrderSend(Symbol(),
                              OP_SELL,
                              LotsOptimized(),
                              Bid,
                              slip,
                              Bid+SL,
                              0,
                              Period()+comment,
                              Magic,0,Orange);
                              if(s.ticket>0)   {
                                 if(OrderSelect(s.ticket,SELECT_BY_TICKET,MODE_TRADES))
                                     {   Print(s.ticket);   }
                                 else Print("Error Opening SellStop Order: ",GetLastError());
                              return(0);}}}}

   if(b>0)  {
      for(int c=0;c<shift;c++)   {
         if(High[1]<low.c) { 
            OrderClose(b.ticket,OrderLots(),Bid,slip,0);}}}

   if(s>0)  {
      for(int cc=0;cc<shift;cc++)   {
         if(Low[1]>high.c) { 
            OrderClose(s.ticket,OrderLots(),Ask,slip,0);}}}

   comments();

return(0);}
//+---------------------------FUNCTIONS------------------------------+
void PosCounter() {
   b=0;s=0;b.ticket=0;s.ticket=0;
   for(cnt=0;cnt<=OrdersTotal();cnt++)   {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
      if(OrderSymbol()==Symbol() && OrderMagicNumber()==Magic) {
         if(OrderType()==OP_SELL)   {
            s.ticket=OrderTicket();
            s++;}
         if(OrderType()==OP_BUY)    {
            b.ticket=OrderTicket();
            b++;} }}}

void comments()   {

if(MarketInfo(Symbol(),MODE_SWAPLONG)>0) string swap="longs.";
else swap="shorts.";
if(MarketInfo(Symbol(),MODE_SWAPLONG)<0 && MarketInfo(Symbol(),MODE_SWAPSHORT)<0) swap="your broker. :(";

   Comment("Last Tick: ",TimeToStr(CurTime(),TIME_DATE|TIME_SECONDS),"\n",
           "Swap favors ",swap,"\n",
           "Daily RSI= ",rsi,"\n",
           "Active High: ",active.high,"\n",
           "High shift: ",a.high.shift,"\n",
           "High Confirm: ",high.c,"\n",
           "High Retrace: ",high.r,"\n",
           "Low Retrace: ",low.r,"\n",
           "Low Confirm: ",low.c,"\n",
           "Active Low: ",active.low,"\n",
           "Low shift: ",a.low.shift,"\n",
           "Open Ticket #",b.ticket," ",s.ticket);  }

double LotsOptimized()  {
   double lot;
   int    orders=HistoryTotal();
   int    losses=0;
   lot=NormalizeDouble(AccountFreeMargin()*MaximumRisk/Lot.Margin,2);
   if(DecreaseFactor>0) {
      for(int i=orders-1;i>=0;i--)  {
         if(OrderSelect(i,SELECT_BY_POS,MODE_HISTORY)==false) { Print("Error in history!"); break; }
         if(OrderSymbol()!=Symbol() || OrderType()>OP_SELL) continue;
         if(OrderProfit()>0) break;
         if(OrderProfit()<0) losses++; }
      if(losses>1) lot=NormalizeDouble(lot-lot*losses/DecreaseFactor,2);   }
   if(lot<0.01) lot=0.01;
return(lot);   }//end LotsOptimized

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