Author: Coders Guru
Profit factor:
0.00
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
Indicators Used
Moving average indicator
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MA_Channel
//+------------------------------------------------------------------+
//|                                                   MA_Channel.mq4 |
//|                                                      Coders Guru |
//|                                         http://www.forex-tsd.com |
//+------------------------------------------------------------------+
#property copyright "Coders Guru"
#property link      "http://www.forex-tsd.com"

//---- input parameters
extern double    TakeProfit=80;
extern double    Lots=1;
extern double    TrailingStop=21;

extern int USMA = 10;
extern int LSMA = 8;


//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }

//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//---- 

   
   int cnt, ticket, total;
  
   if(Bars<100)
     {
      Print("bars less than 100");
      return(0);  
     }
   if(TakeProfit<10)
     {
      Print("TakeProfit less than 10");
      return(0);  // check TakeProfit
     }
     
     
     
   total  = OrdersTotal(); 
   
   if(total < 1) 
     {
       if( High[1] < iMA(NULL,0,LSMA,0,MODE_SMA,PRICE_LOW,1) && High[2] < iMA(NULL,0,LSMA,0,MODE_SMA,PRICE_LOW,2))
         {
            ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,Ask+TakeProfit*Point,"My EA",12345,0,Green);
            if(ticket>0)
              {
               if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice());
              }
            else Print("Error opening BUY order : ",GetLastError()); 
            return(0);
         }
       if(Low[1] > iMA(NULL,0,USMA,0,MODE_SMA,PRICE_HIGH,1) && Low[2] > iMA(NULL,0,USMA,0,MODE_SMA,PRICE_HIGH,2) )
         {

            ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,0,Bid-TakeProfit*Point,"My EA",12345,0,Red);
            if(ticket>0)
              {
               if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice());
              }
            else Print("Error opening SELL order : ",GetLastError()); 
            return(0);
         }
         return(0);
     }
   for(cnt=0;cnt<total;cnt++)
     {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);

      if(OrderType()<=OP_SELL && OrderSymbol()==Symbol())
        {
         if(OrderType()==OP_BUY)   // long position is opened
           {
            // check for trailing stop
            if(TrailingStop>0)  
              {                 
               if(Bid-OrderOpenPrice()>Point*TrailingStop)
                 {
                  if(OrderStopLoss()<Bid-Point*TrailingStop)
                    {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Green);
                     return(0);
                    }
                 }
              }
           }
         else // go to short position
           {
            // check for trailing stop
            if(TrailingStop>0)  
              {                 
               if((OrderOpenPrice()-Ask)>(Point*TrailingStop))
                 {
                  if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0))
                    {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red);
                     return(0);
                    }
                 }
              }
           }
        }
     }
   return(0);
  }
//+------------------------------------------------------------------+

Profitability Reports

NZD/USD Oct 2024 - Jan 2025
0.00
Total Trades 1
Won Trades 0
Lost trades 1
Win Rate 0.00 %
Expected payoff -6161.00
Gross Profit 0.00
Gross Loss -6161.00
Total Net Profit -6161.00
-100%
-50%
0%
50%
100%
GBP/USD Oct 2024 - Jan 2025
0.00
Total Trades 1
Won Trades 0
Lost trades 1
Win Rate 0.00 %
Expected payoff -7685.00
Gross Profit 0.00
Gross Loss -7685.00
Total Net Profit -7685.00
-100%
-50%
0%
50%
100%
AUD/USD Oct 2024 - Jan 2025
0.01
Total Trades 2
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff -3219.00
Gross Profit 48.00
Gross Loss -6486.00
Total Net Profit -6438.00
-100%
-50%
0%
50%
100%

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