TheMasterMind3
Download scriptMasterMind3CE Logic Overview
This document provides a professional explanation of the trading logic contained within the MasterMind3CE script. This description is intended for non-technical users to understand how the automated system makes decisions, manages risk, and interacts with the market.
1. Core Trading Strategy
The system operates by monitoring specific technical indicators (specifically a variation of the Williams Percent Range) to identify momentum and overbought/oversold conditions. It looks for specific "signal" values to determine the direction of a trade:
- Buy Signals: Triggered when the indicators reach an extreme low threshold, suggesting the market may be undervalued or ready for an upward move.
- Sell Signals: Triggered when the indicators reach an extreme high threshold, suggesting the market may be overextended and ready for a downward move.
2. Trade Execution Logic
The script follows a structured set of rules to decide exactly when to enter or exit a position:
- Opening Positions: The system checks if there are currently fewer than three open positions. If the criteria for a "Buy" or "Sell" are met, it initiates a trade based on the user's defined lot size and risk parameters.
- Closing Positions (Reversal Logic): A key feature of this script is its ability to close opposite trades. If a "Sell" signal appears while a "Buy" position is still open (or vice versa), the system will attempt to close the existing position immediately to capitalize on the new trend.
- Bar Timing: The script includes logic to ensure it respects "Bar Close" rules. It can be configured to only perform actions at the start of a new candle or at specific intervals before a candle closes to prevent "choppiness" in volatile markets.
3. Risk and Trade Management
The script includes several automated layers to protect capital and optimize profits:
- Dynamic Lot Sizing: If the user does not manually set a fixed trade size, the script automatically calculates the position size based on the account's available margin and a predefined risk percentage. It ensures that trades stay within a safe maximum limit (e.g., 5 lots).
- Stop Loss & Take Profit: Every trade can be assigned a hard exit point to limit potential losses or secure target profits automatically.
- Break-Even Logic: The system can move the Stop Loss to the original entry price once the trade reaches a certain amount of profit, ensuring that a winning trade does not turn into a losing one.
- Trailing Stop: This allows the script to "follow" the price as it moves in favor of the trade. As the price improves, the Stop Loss is moved upward (for buys) or downward (for sells), locking in profits while maintaining room for the trade to continue running.
4. Notification & Logging System
To keep the user informed without requiring constant manual monitoring, the script includes a comprehensive reporting suite:
- Visual Alerts: It can place text markers directly on the trading chart to signal buys, sells, and closures.
- Auditory/Visual Notifications: The system can play an alert sound and trigger pop-up alerts on the trading platform.
- Email Notifications: If enabled, the script sends automated emails detailing every action taken (Buy, Sell, Close), including the entry price, Stop Loss, and Take Profit.
- Activity Logging: All actions are recorded in a daily log file, creating a history of trades for later review.
5. Error Handling and Reliability
The script is designed with "retry" logic. If a trade fails to open or close due to temporary market conditions (such as a busy server or a price fluctuation), the script will automatically attempt to execute the command multiple times within a short period before giving up.
//+------------------------------------------------------------------+
//| MasterMind3CE.mq4 |
//| Copyright © 2008, CreativeSilence, Inc. |
//| http://www.creative-silence.com |
//+------------------------------------------------------------------+
#define OrderStr "MasterMind3CE By L.Bigger AKA Silence"
#property copyright "Copyright © 2008, CreativeSilence, Inc."
#property link "http://www.creative-silence.com"
extern double Lots = 200;
extern int StopLoss = 2000;
extern int TakeProfit = 0;
extern bool TradeAtCloseBar = true;
extern int TrailingStop = 0;
extern int TrailingStep = 1; //Trailing step
extern int BreakEven = 0;
extern int MagicNumber=0;
//For alerts:
extern int Repeat=3;
extern int Periods=5;
extern bool UseAlert=false;
extern bool SendEmail=true;
extern string
TradeLog="MasterMind3";
extern int Slippage = 3;
int mm = -1;
double Risk = 1;
int Crepeat=0;
int AlertTime=0;
double AheadTradeSec = 0;
double AheadExitSec = 0;
int TradeBar = 0;
double MaxTradeTime = 300;
extern string
Indicator_Setting = "---------- Indicator Setting";
extern bool Crash = false;
extern int TimeFrame = 0;
extern int Length = 5;
extern int Method = 3;
extern int Smoothing = 1;
extern int Filter = 5;
extern bool RealTime = true;
extern bool Steady = false;
extern bool Color = true;
extern bool Alerts = true;
extern bool EmailON = false;
extern bool SignalPrice = true;
extern color SignalPriceBUY = Yellow;
extern color SignalPriceSELL = Aqua;
extern int CountBars = 1485;
int
NumberOfTries = 5, //Number of tries to set, close orders;
RetryTime = 1;
double
Ilo = 0;
int DotLoc=7;
static int TradeLast=0;
string sound="alert.wav";
double sig_buy=0, sig_sell=0, sig_high=0, sig_low=0;
int Spread=0;
string filename="";
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
Crepeat=Repeat;
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
if (TradeAtCloseBar) TradeBar=1;
else TradeBar=0;
filename=Symbol() + TradeLog + "-" + Month() + "-" + Day() + ".log";
Spread=MarketInfo(Symbol(),MODE_SPREAD);
//----
int i=0;
double BuyValue=0, SellValue=0;
BuyValue=0; SellValue=0;
if (CntOrd(OP_BUY,MagicNumber)>0) TradeLast=1;
if (CntOrd(OP_SELL,MagicNumber)>0) TradeLast=-1;
sig_buy=iWPR(NULL,0,26,0);
sig_sell=iWPR(NULL,0,27,0);
sig_high=iWPR(NULL,0,29,0);
sig_low=iWPR(NULL,0,30,0);
//Comment("sig_buy=",sig_buy," sig_sell=",sig_sell);
if (sig_buy<-99.99 && sig_sell<-99.99 && sig_high<-99.99 && sig_low<-99.99) {
BuyValue=1;
}
if (sig_buy>-0.01 && sig_sell>-0.01 && sig_high>-0.01 && sig_low>-0.01) {
SellValue=1;
}
int cnt=0,OpenPos=0,OpenSell=0,OpenBuy=0,CloseSell=0,CloseBuy=0;
double mode=0,Stop=0,NewBarTime=0;
//Here we found if new bar has just opened
static int prevtime=0;
int NewBar=0,FirstRun=1;
if (FirstRun==1) {
FirstRun=0;
prevtime=Time[0];
}
if ((prevtime == Time[0]) && (CurTime()-prevtime)>MaxTradeTime) {
NewBar=0;
}
else {
prevtime = Time[0];
NewBar=1;
}
int AllowTrade=0,AllowExit=0;
//Trade before bar current bar closed
if (CurTime()>= Time[0]+Period()*60-AheadTradeSec) AllowTrade=1; else AllowTrade=0;
if (CurTime()>= Time[0]+Period()*60-AheadExitSec) AllowExit=1; else AllowExit=0;
if (AheadTradeSec==0) AllowTrade=1;
if (AheadExitSec==0) AllowExit=1;
Ilo=Lots;
if (mm<0)
{
Ilo=MathCeil(AccountFreeMargin()*Risk/715)/10-0.1;
if (Ilo<0.1) Ilo=0.1;
}
if (mm>0)
{
Ilo=MathCeil(AccountEquity()*Risk/100)/10-1;
if (Ilo>1) Ilo=MathCeil(Ilo);
if (Ilo<1) Ilo=1;
}
if (Ilo>5) Ilo=5;
OpenPos=0;
for(cnt=0; cnt<OrdersTotal(); cnt++) {
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if ((OrderType()==OP_SELL || OrderType()==OP_BUY) && OrderSymbol()==Symbol() && ((OrderMagicNumber () == MagicNumber) || MagicNumber==0)) OpenPos=OpenPos+1;
}
if (OpenPos>=1) {
OpenSell=0; OpenBuy=0;
}
OpenBuy=0; OpenSell=0;
CloseBuy=0; CloseSell=0;
//Conditions to open the position
//
if (SellValue>0) {
OpenSell=1;
OpenBuy=0;
}
if (BuyValue>0) {
OpenBuy=1;
OpenSell=0;
}
//Print("OpenSell=",OpenSell," OpenBuy=",OpenBuy);
//Conditions to close the positions
if (SellValue>0) {
CloseBuy=1;
}
if (BuyValue>0) {
CloseSell=1;
}
subPrintDetails();
for(cnt=0; cnt<OrdersTotal(); cnt++) {
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if (OrderType()==OP_BUY && OrderSymbol()==Symbol() && ((OrderMagicNumber () == MagicNumber) || MagicNumber==0)) {
if (CloseBuy==1 && AllowExit==1) {
if (NewBar==1 && TradeBar>0)
{
SetText(Time[0],High[0]+1*DotLoc*Point,("CloseBuy"+DoubleToStr(Time[0],0)),CharToStr(251),Magenta);
PlaySound("alert.wav");
OrdClose(OrderTicket(),OrderLots(),Bid,Slippage,Red);
Alerts(0, 0, CloseBuy, CloseSell,Bid,0,0,OrderTicket());
return(0);
}
if (TradeBar==0)
{
SetText(Time[0],High[0]+1*DotLoc*Point,("CloseBuy"+DoubleToStr(Time[0],0)),CharToStr(251),Magenta);
PlaySound("alert.wav");
OrdClose(OrderTicket(),OrderLots(),Bid,Slippage,Red);
Alerts(0, 0, CloseBuy, CloseSell,Bid,0,0,OrderTicket());
return(0);
}
}
}
if (OrderType()==OP_SELL && OrderSymbol()==Symbol() && ((OrderMagicNumber () == MagicNumber) || MagicNumber==0)) {
if (CloseSell==1 && AllowExit==1) {
if (NewBar==1 && TradeBar>0)
{
SetText(Time[0],High[0]-0.3*DotLoc*Point,("CloseSell"+DoubleToStr(Time[0],0)),CharToStr(251),Magenta);
PlaySound("alert.wav");
OrdClose(OrderTicket(),OrderLots(),Ask,Slippage,Red);
Alerts(0, 0, CloseBuy, CloseSell,Ask,0,0,OrderTicket());
return(0);
}
if (TradeBar==0)
{
SetText(Time[0],High[0]-0.3*DotLoc*Point,("CloseSell"+DoubleToStr(Time[0],0)),CharToStr(251),Magenta);
PlaySound("alert.wav");
OrdClose(OrderTicket(),OrderLots(),Ask,Slippage,Red);
Alerts(0, 0, CloseBuy, CloseSell,Ask,0,0,OrderTicket());
return(0);
}
}
}
}
double MyStopLoss=0, MyTakeProfit=0;
int ticket=0;
//Should we open a position?
if (OpenPos<=2) {
if (OpenSell==1 && AllowTrade==1) {
if (NewBar==1 && TradeBar>0)
{
SetText(Time[0],High[0]+1*DotLoc*Point,("Sell"+DoubleToStr(Time[0],0)),CharToStr(234),Red);
if (TakeProfit==0) MyTakeProfit=0; else MyTakeProfit=Bid-TakeProfit*Point;
if (StopLoss==0) MyStopLoss=0; else MyStopLoss=Bid+StopLoss*Point;
PlaySound("alert.wav");
ticket=OrdSend(Symbol(),OP_SELL,Ilo,Bid,Slippage,MyStopLoss,MyTakeProfit,OrderStr,MagicNumber,0,Red);
Alerts(OpenBuy, OpenSell, 0, 0,Bid,MyStopLoss,MyTakeProfit,ticket);
OpenSell=0;
return(0);
}
if (TradeBar==0)
{
SetText(Time[0],High[0]+1*DotLoc*Point,("Sell"+DoubleToStr(Time[0],0)),CharToStr(234),Red);
if (TakeProfit==0) MyTakeProfit=0; else MyTakeProfit=Bid-TakeProfit*Point;
if (StopLoss==0) MyStopLoss=0; else MyStopLoss=Bid+StopLoss*Point;
PlaySound("alert.wav");
ticket=OrdSend(Symbol(),OP_SELL,Ilo,Bid,Slippage,MyStopLoss,MyTakeProfit,OrderStr,MagicNumber,0,Red);
Alerts(OpenBuy, OpenSell, 0, 0,Bid,MyStopLoss,MyTakeProfit,ticket);
OpenSell=0;
return(0);
}
}
if (OpenBuy==1 && AllowTrade==1) {
if (NewBar==1 && TradeBar>0)
{
SetText(Time[0],Low[0]-0.3*DotLoc*Point,("Buy"+DoubleToStr(Time[0],0)),CharToStr(233),Lime);
if (TakeProfit==0) MyTakeProfit=0; else MyTakeProfit=Ask+TakeProfit*Point;
if (StopLoss==0) MyStopLoss=0; else MyStopLoss=Ask-StopLoss*Point;
PlaySound("alert.wav");
ticket=OrdSend(Symbol(),OP_BUY,Ilo,Ask,Slippage,MyStopLoss,MyTakeProfit,OrderStr,MagicNumber,0,Lime);
Alerts(OpenBuy, OpenSell, 0, 0,Ask,MyStopLoss,MyTakeProfit,ticket);
OpenBuy=0;
return(0);
}
if (TradeBar==0)
{
SetText(Time[0],Low[0]-0.3*DotLoc*Point,("Buy"+DoubleToStr(Time[0],0)),CharToStr(233),Lime);
if (TakeProfit==0) MyTakeProfit=0; else MyTakeProfit=Ask+TakeProfit*Point;
if (StopLoss==0) MyStopLoss=0; else MyStopLoss=Ask-StopLoss*Point;
PlaySound("alert.wav");
ticket=OrdSend(Symbol(),OP_BUY,Ilo,Ask,Slippage,MyStopLoss,MyTakeProfit,OrderStr,MagicNumber,0,Lime);
Alerts(OpenBuy, OpenSell, 0, 0,Ask,MyStopLoss,MyTakeProfit,ticket);
OpenBuy=0;
return(0);
}
}
}
for (i=0; i<OrdersTotal(); i++) {
if (OrderSelect(i, SELECT_BY_POS, MODE_TRADES)) {
if (OrderSymbol()==Symbol() && ((OrderMagicNumber () == MagicNumber) || MagicNumber==0)) {
TrailingPositions();
}
}
}
Alerts(0, 0, 0, 0, 0, 0, 0, 0);
// the end
//----
return(0);
}
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
void SetText(int X1, double Y1, string TEXT_NAME, string TEXT_VALUE, int TEXT_COLOR) {
return;
if(ObjectFind(TEXT_NAME) != 0)
{
ObjectCreate(TEXT_NAME, OBJ_TEXT, 0, X1, Y1);
ObjectSet(TEXT_NAME,OBJPROP_COLOR,TEXT_COLOR);
ObjectSetText(TEXT_NAME, TEXT_VALUE, 10, "Wingdings", EMPTY);
}
else
{
ObjectMove(TEXT_NAME, 0, X1, Y1);
}
}
void Alerts(int _buy, int _sell, int _exitbuy, int _exitsell, double _op, double _sl, double _tp, int _ticket) {
string AlertStr="";
AlertStr="";
string CurDate="";
CurDate=TimeToStr(CurTime(),TIME_DATE|TIME_MINUTES);
//Alert system
if (UseAlert)
{
if (_buy==1)
{
if (Crepeat==Repeat)
{
AlertTime=0;
}
if (Crepeat>0 && (CurTime()-AlertTime)>Periods)
{
if (_buy==1) {
AlertStr=AlertStr+"Buy @ "+DoubleToStr(_op,Digits)+"; SL: "+DoubleToStr(_sl,Digits)+"; TP: "+DoubleToStr(_tp,Digits)+" at "+CurDate+" Order:"+DoubleToStr(_ticket,0)+".";
Alert(Symbol()," ",Period(), ": ",AlertStr);
if (SendEmail)
{
SendMail(Symbol()+" "+Period()+ ": ",Symbol()+" "+Period()+": "+AlertStr);
}
Crepeat=Crepeat-1;
AlertTime=CurTime();
}
}
}
if (_sell==1)
{
if (Crepeat==Repeat)
{
AlertTime=0;
}
if (Crepeat>0 && (CurTime()-AlertTime)>Periods)
{
if (_sell==1) {
AlertStr=AlertStr+"Sell @ "+DoubleToStr(_op,Digits)+"; SL: "+DoubleToStr(_sl,Digits)+"; TP: "+DoubleToStr(_tp,Digits)+" at "+CurDate+" Order:"+DoubleToStr(_ticket,0)+".";
Alert(Symbol()," ",Period(), ": ",AlertStr);
if (SendEmail)
{
SendMail(Symbol()+" "+Period()+ ": ",Symbol()+" "+Period()+": "+AlertStr);
}
Crepeat=Crepeat-1;
AlertTime=CurTime();
}
}
}
if (_exitsell==1)
{
if (Crepeat==Repeat)
{
AlertTime=0;
}
if (Crepeat>0 && (CurTime()-AlertTime)>Periods)
{
if (_exitsell==1) {
AlertStr=AlertStr+" Close Sell @ "+DoubleToStr(_op,Digits)+" at "+CurDate+" Order:"+DoubleToStr(_ticket,0)+".";
Alert(Symbol()," ",Period(), ": ", AlertStr);
if (SendEmail)
{
SendMail(Symbol()+" "+Period()+ ": ",Symbol()+" "+Period()+": "+AlertStr);
}
Crepeat=Crepeat-1;
AlertTime=CurTime();
}
}
}
if (_exitbuy==1)
{
if (Crepeat==Repeat)
{
AlertTime=0;
}
if (Crepeat>0 && (CurTime()-AlertTime)>Periods)
{
if (_exitbuy==1) {
AlertStr=AlertStr+" Close Buy @ "+DoubleToStr(_op,Digits)+" at "+CurDate+" Order:"+DoubleToStr(_ticket,0)+".";
Alert(Symbol()," ",Period(), ": ",AlertStr);
if (SendEmail)
{
SendMail(Symbol()+" "+Period()+ ": ",Symbol()+" "+Period()+": "+AlertStr);
}
Crepeat=Crepeat-1;
AlertTime=CurTime();
}
}
}
if (_exitbuy==0 && _exitsell==0 && _buy==0 && _sell==0)
{
Crepeat=Repeat;
AlertTime=0;
}
}
//
//----
return;
}
//----------------------- PRINT COMMENT FUNCTION
void subPrintDetails()
{
string sComment = "";
string sp = "----------------------------------------\n";
string NL = "\n";
string sDirection = "";
sComment = "The MasterMind3CE By L.Bigger AKA Silence" + NL;
sComment = sComment + "StopLoss=" + DoubleToStr(StopLoss,0) + " | ";
sComment = sComment + "TakeProfit=" + DoubleToStr(TakeProfit,0) + " | ";
sComment = sComment + "TrailingStop=" + DoubleToStr(TrailingStop,0) + NL;
sComment = sComment + sp;
sComment = sComment + "Lots=" + DoubleToStr(Ilo,2) + " | ";
sComment = sComment + "LastTrade=" + DoubleToStr(TradeLast,0) + NL;
sComment = sComment + "sig_buy=" + DoubleToStr(sig_buy,Digits) + NL;
sComment = sComment + "sig_sell=" + DoubleToStr(sig_sell,Digits) + NL;
sComment = sComment + sp;
Comment(sComment);
}
int CntOrd(int Type, int Magic) {
//return number of orders with specific parameters
int _CntOrd;
_CntOrd=0;
for(int i=0;i<OrdersTotal();i++)
{
OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
if (OrderSymbol()==Symbol()) {
if ( (OrderType()==Type && (OrderMagicNumber()==Magic) || Magic==0)) _CntOrd++;
}
}
return(_CntOrd);
}
//+------------------------------------------------------------------+
//| return error description |
//+------------------------------------------------------------------+
string ErrorDescription(int error_code)
{
string error_string;
//----
switch(error_code)
{
//---- codes returned from trade server
case 0:
case 1: error_string="no error"; break;
case 2: error_string="common error"; break;
case 3: error_string="invalid trade parameters"; break;
case 4: error_string="trade server is busy"; break;
case 5: error_string="old version of the client terminal"; break;
case 6: error_string="no connection with trade server"; break;
case 7: error_string="not enough rights"; break;
case 8: error_string="too frequent requests"; break;
case 9: error_string="malfunctional trade operation"; break;
case 64: error_string="account disabled"; break;
case 65: error_string="invalid account"; break;
case 128: error_string="trade timeout"; break;
case 129: error_string="invalid price"; break;
case 130: error_string="invalid stops"; break;
case 131: error_string="invalid trade volume"; break;
case 132: error_string="market is closed"; break;
case 133: error_string="trade is disabled"; break;
case 134: error_string="not enough money"; break;
case 135: error_string="price changed"; break;
case 136: error_string="off quotes"; break;
case 137: error_string="broker is busy"; break;
case 138: error_string="requote"; break;
case 139: error_string="order is locked"; break;
case 140: error_string="long positions only allowed"; break;
case 141: error_string="too many requests"; break;
case 145: error_string="modification denied because order too close to market"; break;
case 146: error_string="trade context is busy"; break;
//---- mql4 errors
case 4000: error_string="no error"; break;
case 4001: error_string="wrong function pointer"; break;
case 4002: error_string="array index is out of range"; break;
case 4003: error_string="no memory for function call stack"; break;
case 4004: error_string="recursive stack overflow"; break;
case 4005: error_string="not enough stack for parameter"; break;
case 4006: error_string="no memory for parameter string"; break;
case 4007: error_string="no memory for temp string"; break;
case 4008: error_string="not initialized string"; break;
case 4009: error_string="not initialized string in array"; break;
case 4010: error_string="no memory for array\' string"; break;
case 4011: error_string="too long string"; break;
case 4012: error_string="remainder from zero divide"; break;
case 4013: error_string="zero divide"; break;
case 4014: error_string="unknown command"; break;
case 4015: error_string="wrong jump (never generated error)"; break;
case 4016: error_string="not initialized array"; break;
case 4017: error_string="dll calls are not allowed"; break;
case 4018: error_string="cannot load library"; break;
case 4019: error_string="cannot call function"; break;
case 4020: error_string="expert function calls are not allowed"; break;
case 4021: error_string="not enough memory for temp string returned from function"; break;
case 4022: error_string="system is busy (never generated error)"; break;
case 4050: error_string="invalid function parameters count"; break;
case 4051: error_string="invalid function parameter value"; break;
case 4052: error_string="string function internal error"; break;
case 4053: error_string="some array error"; break;
case 4054: error_string="incorrect series array using"; break;
case 4055: error_string="custom indicator error"; break;
case 4056: error_string="arrays are incompatible"; break;
case 4057: error_string="global variables processing error"; break;
case 4058: error_string="global variable not found"; break;
case 4059: error_string="function is not allowed in testing mode"; break;
case 4060: error_string="function is not confirmed"; break;
case 4061: error_string="send mail error"; break;
case 4062: error_string="string parameter expected"; break;
case 4063: error_string="integer parameter expected"; break;
case 4064: error_string="double parameter expected"; break;
case 4065: error_string="array as parameter expected"; break;
case 4066: error_string="requested history data in update state"; break;
case 4099: error_string="end of file"; break;
case 4100: error_string="some file error"; break;
case 4101: error_string="wrong file name"; break;
case 4102: error_string="too many opened files"; break;
case 4103: error_string="cannot open file"; break;
case 4104: error_string="incompatible access to a file"; break;
case 4105: error_string="no order selected"; break;
case 4106: error_string="unknown symbol"; break;
case 4107: error_string="invalid price parameter for trade function"; break;
case 4108: error_string="invalid ticket"; break;
case 4109: error_string="trade is not allowed"; break;
case 4110: error_string="longs are not allowed"; break;
case 4111: error_string="shorts are not allowed"; break;
case 4200: error_string="object is already exist"; break;
case 4201: error_string="unknown object property"; break;
case 4202: error_string="object is not exist"; break;
case 4203: error_string="unknown object type"; break;
case 4204: error_string="no object name"; break;
case 4205: error_string="object coordinates error"; break;
case 4206: error_string="no specified subwindow"; break;
default: error_string="unknown error";
}
//----
return(error_string);
}
//+------------------------------------------------------------------+
int Write(string str)
{
//Write log file
int handle;
handle = FileOpen(filename,FILE_READ|FILE_WRITE|FILE_CSV,"/t");
FileSeek(handle, 0, SEEK_END);
FileWrite(handle," Time " + TimeToStr(CurTime(),TIME_DATE|TIME_SECONDS) + ": " + str);
FileClose(handle);
Print(str);
}
int OrdSend(string _symbol, int _cmd, double _volume, double _price, int _slippage, double _stoploss, double _takeprofit, string _comment="", int _magic=0, datetime _expiration=0, color _arrow_color=CLR_NONE) {
//Send order with retry capabilities and log
int _stoplevel=MarketInfo(_symbol,MODE_STOPLEVEL);
double _priceop=0;
int ticket,err,tries;
tries = 0;
switch (_cmd) {
case OP_BUY:
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
ticket = OrderSend(_symbol,OP_BUY,_volume,Ask,_slippage,NormalizeDouble(_stoploss,Digits),NormalizeDouble(_takeprofit,Digits),_comment,_magic,_expiration,_arrow_color);
if(ticket<=0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Buy @ "+Ask+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order opened : "+Symbol()+" Buy @ "+Ask+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
}
Sleep(RetryTime*1000);
}
}
err=ticket;
break;
case OP_SELL:
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
ticket = OrderSend(_symbol,OP_SELL,_volume,Bid,_slippage,NormalizeDouble(_stoploss,Digits),NormalizeDouble(_takeprofit,Digits),_comment,_magic,_expiration,_arrow_color);
if(ticket<=0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Sell @ "+Bid+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order opened : "+Symbol()+" Sell @ "+Bid+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
}
Sleep(RetryTime*1000);
}
}
err=ticket;
break;
case OP_BUYSTOP:
while (tries < NumberOfTries) {
RefreshRates();
if ((_price-Ask)<_stoplevel*Point) _priceop=Ask+_stoplevel*Point; else _priceop=_price;
ticket = OrderSend(_symbol,OP_BUYSTOP,_volume,NormalizeDouble(_priceop,Digits),_slippage,NormalizeDouble(_stoploss,Digits),NormalizeDouble(_takeprofit,Digits),_comment,_magic,_expiration,_arrow_color);
if(ticket<=0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Buy Stop @ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order opened : "+Symbol()+" Buy Stop@ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
}
Sleep(RetryTime*1000);
}
err=ticket;
break;
case OP_SELLSTOP:
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
if ((Bid-_price)<_stoplevel*Point) _priceop=Bid-_stoplevel*Point; else _priceop=_price;
ticket = OrderSend(_symbol,OP_SELLSTOP,_volume,NormalizeDouble(_priceop,Digits),_slippage,NormalizeDouble(_stoploss,Digits),NormalizeDouble(_takeprofit,Digits),_comment,_magic,_expiration,_arrow_color);
if(ticket<=0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Sell Stop @ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order opened : "+Symbol()+" Sell Stop @ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
}
Sleep(RetryTime*1000);
}
}
err=ticket;
break;
case OP_BUYLIMIT:
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
if ((Ask-_price)<_stoplevel*Point) _priceop=Ask-_stoplevel*Point; else _priceop=_price;
ticket = OrderSend(_symbol,OP_BUYLIMIT,_volume,NormalizeDouble(_priceop,Digits),_slippage,NormalizeDouble(_stoploss,Digits),NormalizeDouble(_takeprofit,Digits),_comment,_magic,_expiration,_arrow_color);
if(ticket<=0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Buy Limit @ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order opened : "+Symbol()+" Buy Limit @ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
}
Sleep(RetryTime*1000);
}
}
err=ticket;
break;
case OP_SELLLIMIT:
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
if ((_price-Bid)<_stoplevel*Point) _priceop=Bid+_stoplevel*Point; else _priceop=_price;
ticket = OrderSend(_symbol,OP_BUYLIMIT,_volume,NormalizeDouble(_priceop,Digits),_slippage,NormalizeDouble(_stoploss,Digits),NormalizeDouble(_takeprofit,Digits),_comment,_magic,_expiration,_arrow_color);
if(ticket<=0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Sell Limit @ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order opened : "+Symbol()+" Sell Limit @ "+_priceop+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+ticket);
}
Sleep(RetryTime*1000);
}
err=ticket;
}
break;
default:
Write("No valid type of order found");
err=-1;
break;
}
return(err);
}
int OrdClose(int _ticket, double _lots, double _price, int _slippage, color _color=CLR_NONE) {
//The function close order with log
double _priceop=0;
int ticket,err,tries;
tries = 0;
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
ticket = OrderClose(_ticket,_lots,NormalizeDouble(_price,Digits),_slippage,_color);
if(ticket==0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Close @ "+_price+" ticket ="+_ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order closed : "+Symbol()+" Close @ "+_price+" ticket ="+_ticket);
}
Sleep(RetryTime*1000);
}
}
err=ticket;
return(err);
}
int OrdModify(int _ticket, double _price, double _stoploss, double _takeprofit, datetime _expiration, color _color=CLR_NONE) {
//The function modify order with log
double _priceop=0;
int ticket,err,tries;
tries = 0;
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
ticket = OrderModify(_ticket,NormalizeDouble(_price,Digits),NormalizeDouble(_stoploss,Digits),NormalizeDouble(_takeprofit,Digits),_expiration,_color);
if(ticket==0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Modify @ "+_price+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+_ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order modified : "+Symbol()+" Modify @ "+_price+" SL @ "+_stoploss+" TP @"+_takeprofit+" ticket ="+_ticket);
}
Sleep(RetryTime*1000);
}
}
err=ticket;
return(err);
}
/*
int OrdDelete(int _ticket) {
//Delete pending order
double _priceop=0;
int ticket,err,tries;
tries = 0;
if (!IsTradeContextBusy() && IsTradeAllowed()) {
while (tries < NumberOfTries) {
RefreshRates();
ticket = OrderDelete(_ticket);
if(ticket==0) {
Write("Error Occured : "+ErrorDescription(GetLastError()));
Write(Symbol()+" Delete @ "+Bid+" ticket ="+_ticket);
tries++;
} else {
tries = NumberOfTries;
Write("Order Deleted : "+Symbol()+" Delete @ "+Bid+" ticket ="+_ticket);
}
Sleep(RetryTime*1000);
}
}
err=ticket;
return(err);
}
*/
void TrailingPositions() {
double pBid, pAsk, pp;
pp = MarketInfo(OrderSymbol(), MODE_POINT);
if (OrderType()==OP_BUY) {
pBid = MarketInfo(OrderSymbol(), MODE_BID);
//BreakEven routine
if (BreakEven>0) {
if ((pBid-OrderOpenPrice())>BreakEven*pp) {
if ((OrderStopLoss()-OrderOpenPrice())<0) {
ModifyStopLoss(OrderOpenPrice()+0*pp);
}
}
}
if (TrailingStop>0) {
if ((pBid-OrderOpenPrice())>TrailingStop*pp) {
if (OrderStopLoss()<pBid-(TrailingStop+TrailingStep-1)*pp) {
ModifyStopLoss(pBid-TrailingStop*pp);
return;
}
}
}
}
if (OrderType()==OP_SELL) {
pAsk = MarketInfo(OrderSymbol(), MODE_ASK);
if (BreakEven>0) {
if ((OrderOpenPrice()-pAsk)>BreakEven*pp) {
if ((OrderOpenPrice()-OrderStopLoss())<0) {
ModifyStopLoss(OrderOpenPrice()-0*pp);
}
}
}
if (TrailingStop>0) {
if (OrderOpenPrice()-pAsk>TrailingStop*pp) {
if (OrderStopLoss()>pAsk+(TrailingStop+TrailingStep-1)*pp || OrderStopLoss()==0) {
ModifyStopLoss(pAsk+TrailingStop*pp);
return;
}
}
}
}
}
//+------------------------------------------------------------------+
//| Modify StopLoss |
//| Parameters: |
//| ldStopLoss - StopLoss Leve |
//+------------------------------------------------------------------+
void ModifyStopLoss(double ldStopLoss) {
bool fm;
PlaySound("alert.wav");
fm=OrdModify(OrderTicket(),OrderOpenPrice(),ldStopLoss,OrderTakeProfit(),0,CLR_NONE);
}
//+------------------------------------------------------------------+
Profitability Reports
Expected payoff
Average expected payoff across the available backtests for each symbol.
Comments