Starter_v4modV2

Author: Copyright � 2005, GCM
Profit factor:
0.25
Price Data Components
Series array that contains open time of each bar
Orders Execution
Checks for the total of open ordersIt Closes Orders by itself It can change open orders parameters, due to possible stepping strategyIt automatically opens orders when conditions are reached
Indicators Used
Commodity channel indexMoving average indicator
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Starter_v4modV2
/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                                Starter_v4.mq4  |
//|                                          Copyright © 2005, GCM   |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, GCM"
#property link      "http://"
#define MAGICNUM  20051002

extern double TakeProfit = 50;
extern double Lots = 1.0;
extern double TrailingStop = 10;
extern double StopLoss = 50;
extern int mm = 1;
extern double Riskpercent = 5;
extern int AccountIsMini = 0;
extern int LiveTrading = 0;
extern double DecreaseFactor = 3;
extern double Margincutoff = 800;
extern int Turnon = 1;
extern int MaximumLosses = 3;
extern double Stop = 10;
extern double MAPeriod=120;
string OrderText = "";
double lotMM;
int TradesInThisSymbol;
int cnt=0, total;
datetime LastTime;
double Sl;
double Tr;
int ticket;
int trstop = 0;
//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//---- 
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//---- 
   
//----
   return(0);
  }
double LotsOptimized()
  {
   double lot=Lots;
   int    orders=HistoryTotal();     // history orders total
   int    losses=0;                  // number of losses orders without a break
   int    tolosses=0;
//---- select lot size
   lot=NormalizeDouble(MathCeil(AccountBalance()*Riskpercent/10000)/10,1);
   
//---- calcuulate number of losses orders without a break
   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++;
        }
      for(i=orders-1;i>=0;i--)
        {
         if(OrderSelect(i,SELECT_BY_POS,MODE_HISTORY)==false) { Print("Error in history!"); break; }
         if(TimeDay(OrderCloseTime()) != TimeDay(CurTime())) continue;
         //----
         if(OrderProfit()<0) tolosses++;
        }
        if (tolosses >= MaximumLosses) trstop=1;
      if(losses>1) lot=NormalizeDouble(lot-lot*losses/DecreaseFactor,1);
     }
  if(lot > 1) 
      lot = MathCeil(lot);

  if(AccountIsMini==1) 
      lot = lot * 10;
//---- return lot size
   if(lot<0.1) lot=0.1;
  if(LiveTrading == 1)
  {
    if (AccountIsMini == 0 && lot < 1.0) 
         lot = 1.0;
  }
  if(lot > 100)
         lot = 100;

   return(lot);
  } 
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//---- 
   double Laguerre;
   double Laguerreprevious;
   double Alpha;
   double Alphaprevious;
   double MA, MAprevious;
trstop = 0;
if(mm == 1)
{
  lotMM = LotsOptimized();
}
else {
  lotMM = Lots; // Change mm to 0 if you want the Lots parameter to be in effect
}
  Laguerre=iCustom(NULL, 0, "Laguerre", 0, 0);
  Laguerreprevious=iCustom(NULL, 0, "Laguerre", 0, 1);
  Alpha=iCCI(NULL, 0, 14, PRICE_CLOSE, 0);
  MA=iMA(NULL,0,MAPeriod,0,MODE_EMA,PRICE_MEDIAN,0);
  MAprevious=iMA(NULL,0,MAPeriod,0,MODE_EMA,PRICE_MEDIAN,1);
  
   total=OrdersTotal();
   TradesInThisSymbol = 0;
   for(cnt=0;cnt<total;cnt++)
     {
      if ( OrderSelect (cnt, SELECT_BY_POS) == false )  continue;
      if ( OrderSymbol() != Symbol() || OrderMagicNumber() != MAGICNUM)  continue;
      if((OrderType() == OP_BUY || OrderType() == OP_BUYSTOP) && (OrderSymbol()==Symbol()))
          {
             TradesInThisSymbol++;
            if(Laguerre>0.9)
                {
                 OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                 return(0); // exit
                }
            // check for stop
            if(Stop>0)  
              {                 
               if(Bid-OrderOpenPrice()>=Point*Stop)
                 {
                   OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                   return(0);
                 }
              }
             if(TrailingStop>0) 
               {                
                if(Bid-OrderOpenPrice()>Point*TrailingStop)
                  {
                   if(OrderStopLoss()<Bid-Point*TrailingStop)
                     {
                      OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Aqua);
                      return(0);
                     }
                  }
               }
          }
      if((OrderType() == OP_SELL || OrderType() == OP_SELLSTOP) && (OrderSymbol()==Symbol()))
          {
             TradesInThisSymbol++;
            if(Laguerre<0.1)
              {
               OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
               return(0); // exit
              }
            // check for stop
            if(Stop>0)  
              {                 
               if(OrderOpenPrice()-Ask>=Point*Stop)
                 {
                   OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
                   return(0);
                 }
              }
             if(TrailingStop>0)  
               {                
                if((OrderOpenPrice()-Ask)>(Point*TrailingStop))
                  {
                   if(OrderStopLoss()==0.0 || 
                      OrderStopLoss()>(Ask+Point*TrailingStop))
                     {
                      OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Aqua);
                      return(0);
                     }
                  }
               }
          }
     }

if(AccountFreeMargin() < Margincutoff) {
   return(0);}
if(TradesInThisSymbol > 0) {
   return(0);}
if(CurTime() < LastTime) {
   return(0);}
   
OrderText = ""; //Must be blank before going into the main section

	// Is current bar a bull candle?
	if((Turnon == 1) && (Laguerreprevious<=0) && (Laguerre>0) && (Alpha>Alphaprevious) ) 
	{
		OrderText = "BUY";
		Sl = Ask-StopLoss*Point;
		Tr = Ask+TakeProfit*Point;
	}

	// Is current bar a bear candle?
	if((Turnon == 1) && (Laguerreprevious>=1) && (Laguerre<1) && (Alpha<Alphaprevious) )
	{
		OrderText = "SELL";
		Sl = Bid+StopLoss*Point;
		Tr = Bid-TakeProfit*Point;
	}
   if(OrderText != "" && TradesInThisSymbol == 0 && trstop == 0) 
   {

	   LastTime = CurTime();
           if(OrderText == "BUY")
           {
	           ticket = OrderSend(Symbol(),OP_BUY,lotMM,Ask,3,Sl,Tr,"starter",MAGICNUM,0,DodgerBlue);
	           LastTime += 12;
              if(ticket<=0) Print("Error = ",GetLastError());
              return(0);
           }
            else if(OrderText == "SELL")
            {
               ticket = OrderSend(Symbol(),OP_SELL,lotMM,Bid,3,Sl,Tr,"starter",MAGICNUM,0,Red);
               LastTime += 12;
               if(ticket<=0) Print("Error = ",GetLastError());
               return(0);
            }
      return(0);
   }
//----
   return(0);
  }
//+------------------------------------------------------------------+

Profitability Reports

NZD/USD Oct 2024 - Jan 2025
0.10
Total Trades 105
Won Trades 31
Lost trades 74
Win Rate 29.52 %
Expected payoff -9.60
Gross Profit 106.70
Gross Loss -1115.00
Total Net Profit -1008.30
-100%
-50%
0%
50%
100%
GBP/USD Oct 2024 - Jan 2025
0.36
Total Trades 189
Won Trades 119
Lost trades 70
Win Rate 62.96 %
Expected payoff -5.49
Gross Profit 582.30
Gross Loss -1620.00
Total Net Profit -1037.70
-100%
-50%
0%
50%
100%
AUD/USD Oct 2024 - Jan 2025
0.28
Total Trades 144
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff -7.02
Gross Profit 399.80
Gross Loss -1410.00
Total Net Profit -1010.20
-100%
-50%
0%
50%
100%

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