Orders Execution
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ManageTPv2-4_002
//+------------------------------------------------------------------+
//| TakeProfit.mq4 |
//| Copyright © 2006, Taylor Stockwell |
//| stockwet@yahoo.com |
//| Version: 2.4 |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Taylor Stockwell"
#property link "stockwet@yahoo.com"
/*
Updates:
11/2/2006:: Fixed bug that caused the sl var to be set to 1 when a pending
order was > than the First_Stop_Target value.
1/23/2007:: Fixed pip calculation. The old way of calculating pips could be
off by 1 pip, resulting in missed TP or move stops. The new
calculation is more accurate.
*/
//=============== VARS external
extern int First_Target = 50;
extern int Target_Increment = 50;
extern double Close_Lots = 0.1;
extern bool Move_Stops = true;
extern int First_Stop_Target = 50;
extern int First_Stop = 1;
extern int Second_Stop_Target = 100;
extern int Second_Stop = 50;
extern bool Use_Max_Loss = false;
extern int Max_Loss = 20;
extern int Magic_Number=0;
//=============== VARS internal
int nextTP;
bool sl;
int range = 5;
int multiplier;
// OrderType == 1 is OP_SELL
//=============== FUNCTION init
int init()
{
sl=0;
nextTP = First_Target;
getMaxLoss();
}
//== end function
//=============== FUNCTION deinit
int deinit()
{
//----
sl=0;
nextTP = First_Target;
//----
return(0);
}
//== end function
//========== FUNCTION Start
int start()
{
//----
getOpenOrders();
getSpread();
//Comment(sl);
//----
return(0);
}
//== end function
//========== FUNCTION getPipValue
double getPipValue(double ord,int dir)
{
double val;
RefreshRates();
if(dir == 1) val=(NormalizeDouble(ord,Digits) - NormalizeDouble(Ask,Digits));
else val=(NormalizeDouble(Bid,Digits) - NormalizeDouble(ord,Digits));
val = val/Point;
return(val);
}
//== end function
int getSpread()
{
int spread=MarketInfo(Symbol(),MODE_SPREAD);
return(spread);
}
int getMaxLoss()
{
int calcMaxLoss;
calcMaxLoss = Max_Loss;
return(calcMaxLoss);
}
//========== FUNCTION getOpenOrders
void getOpenOrders()
{
int nsl, nsd;
string mngMagic;
int totalorders = OrdersTotal();
for(int j=0; j<totalorders;j++)
{
OrderSelect(j, SELECT_BY_POS, MODE_TRADES);
if((OrderType() == OP_BUY || OrderType() == OP_SELL) && OrderSymbol() == Symbol()&&(Magic_Number==0 || Magic_Number == OrderMagicNumber()))
{
double val=getPipValue(OrderOpenPrice(),OrderType());
//int val = OrderProfit()/(OrderLots()*10);
if(Use_Max_Loss && Max_Loss > 0) killTrade(val,OrderTicket());
if(Move_Stops) checkStops(val,OrderTicket());
takeProfit(val,OrderTicket());
}
if(Magic_Number == 0)
mngMagic = "All "+Symbol()+" trades.";
else
mngMagic = "Trades with magic number = "+Magic_Number;
if(sl==0)
{
nsl = First_Stop_Target;
nsd = First_Stop;
}
else
{
nsl = Second_Stop_Target;
nsd = Second_Stop;
}
//RefreshRates();
//* Comment("Order Open: ",OrderOpenPrice(),
//* "\nPip Count: ", val,
//* "\nNext Stop Target: ",nsl,
//* "\nNext Stop Differential: ", nsd,
//* "\nNext TP: ", nextTP,
//* "\nSL: ",sl,
//* "\nMax Loss: ", getMaxLoss(),
//* "\nManaging: ",mngMagic);
}
}
//========== FUNCTION takeProfit
void takeProfit(int pips, int ticket)
{
if(OrderSelect(ticket, SELECT_BY_TICKET)==true)
{
if(pips >= nextTP && pips < (nextTP + Target_Increment))
{
if(OrderType()==1)
{
if(OrderClose(ticket, Close_Lots, Ask, 3, YellowGreen))
nextTP+=Target_Increment;
else
Print("Error closing order : ",GetLastError());
}
else
{
if(OrderClose(ticket, Close_Lots, Bid, 3, YellowGreen))
nextTP+=Target_Increment;
else
Print("Error closing order : ",GetLastError());
}
}
}
}
//== end function
//========== FUNCTION moveStops
void checkStops(int pips,int ticket)
{
if(sl==0 && pips < Second_Stop_Target)
{
if(pips >= First_Stop_Target && pips < (Second_Stop_Target))
{
moveStops(ticket, First_Stop);
}
}
else if(sl==1 || pips >= Second_Stop_Target)
{
if(pips >= Second_Stop_Target)
{
moveStops(ticket,Second_Stop);
}
}
}
//== end function
//========== FUNCTION moveStops
void moveStops(int ticket,int stopDiff)
{
if(OrderSelect(ticket, SELECT_BY_TICKET)==true)
{
Print("moveStops called ",ticket, " ",stopDiff);
if(OrderType()==1)
{
OrderModify(ticket,OrderOpenPrice(),OrderOpenPrice()-stopDiff*Point, OrderTakeProfit(),0,Plum);
sl=1;
}
else
{
OrderModify(ticket,OrderOpenPrice(),OrderOpenPrice()+stopDiff*Point, OrderTakeProfit(),0,Plum);
sl=1;
}
}
}
//== end function
//========== FUNCTION killTrades
void killTrade(int pips, int ticket)
{
if(OrderSelect(ticket, SELECT_BY_TICKET)==true)
{
if(pips <= -1*getMaxLoss())
{
if(OrderType()==1) OrderClose(ticket,OrderLots(),Ask,3,Red);
else OrderClose(ticket,OrderLots(),Bid,3,Red);
}
}
}
//== end function
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