Author: Copyright � 2007, Hartono Setiono
Profit factor:
0.36
Orders Execution
Checks for the total of open ordersIt Closes Orders by itself It automatically opens orders when conditions are reachedIt can change open orders parameters, due to possible stepping strategy
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TrueHedge
//+------------------------------------------------------------------+
//|                                                    TrueHedge.mq4 |
//|                                               by Hartono Setiono |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007,  Hartono Setiono"
#property link      "http://www.mitrakom.com"
#include <stdlib.mqh>
#include <stderror.mqh>
extern double LotSize=2;
extern int    Slippage=3;
extern double StopLoss=0;
extern double TakeProfit=100;
extern int    GMTShift=0;

int           ticket;
int           OpenBuyOrders = 0;
int           OpenSellOrders = 0;
int           LastMN=0; //Last Magic Number
int           TodayMN=0; //Today Magic Number;
int           maxloop=25; // maximum number of attempts to handle errors
int           MNFactor=100000;
int           MagicNumber=123;
string        EAName="TrueHedge 0.1";


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


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

//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
{
  TodayMN = MagicNumber*MNFactor+ (Year() % 100)*10000 + Month()*100 + Day();
  if(DayOfWeek()==0 || DayOfWeek()==6) return(0);
  if(Hour()+GMTShift==22 && Minute()==00) HandleOpenPositions(2);
  
  if(Hour()+GMTShift==0 && Minute()==0 && LastMN!=TodayMN) 
  {
    OpenOrder(OP_BUY,LotSize,Ask,Slippage,StopLoss,TakeProfit,EAName,TodayMN,0,Blue);
    OpenOrder(OP_SELL,LotSize,Bid,Slippage,StopLoss,TakeProfit,EAName,TodayMN,0,Red);
    LastMN=TodayMN;
  }
  HandleOpenPositions(1);
  return(0);
}
//+------------------------------------------------------------------+

int HandleOpenPositions(int id)
{
   int cnt, OrderMN;
   double lotsi;
   
   for(cnt=OrdersTotal()-1;cnt>=0;cnt--)
   {
      OrderSelect (cnt, SELECT_BY_POS, MODE_TRADES);
      lotsi=OrderLots();
      OrderMN=OrderMagicNumber();

      if ( OrderSymbol() != Symbol()) continue;
      if ( OrderMN/MNFactor != MagicNumber)  continue;
      
      if (id==1)
      if (OrderMN<LastMN)
      {
        if (MNProfit(OrderMN)>TakeProfit)
        {
          CloseLongs(OrderMN);
          CloseShorts(OrderMN);
        } else
        if (OrderProfit()>0)
        {
        }
      }

      if (id==2)
      if (OrderMN==LastMN)
      {
        if (OrderType() == OP_BUY && OrderProfit()>0)
        {
          OrderClose(OrderTicket(),lotsi,Bid,Slippage,Blue);
          CloseShorts(OrderMN, lotsi/2);
          //if(lotsi==LotSize)
          //OpenOrder(OP_BUY,LotSize/2,Ask,Slippage,StopLoss,TakeProfit,EAName,OrderMN,0,Blue);
        }
      
        if (OrderType() == OP_SELL && OrderProfit()>0)
        {
          OrderClose(OrderTicket(),lotsi,Ask,Slippage,Red);
          CloseLongs(OrderMN, lotsi/2);
          //OpenOrder(OP_SELL,LotSize/2,Bid,Slippage,StopLoss,TakeProfit,EAName,OrderMN,0,Red);
        }
      }
   }
   return(0);
}

double MNProfit(int MagicNumber)
{
   int cnt;
   double profit=0;
   
   for(cnt=OrdersTotal()-1;cnt>=0;cnt--)
   {
      OrderSelect (cnt, SELECT_BY_POS, MODE_TRADES);
      if ( OrderSymbol() != Symbol()) continue;
      if ( OrderMagicNumber() != MagicNumber)  continue;
      profit=profit+OrderProfit();
   }
   return(profit);
}

double MNDirection(int MagicNumber)
{
   int cnt;
   double lotsi=0;
   
   for(cnt=OrdersTotal()-1;cnt>=0;cnt--)
   {
      OrderSelect (cnt, SELECT_BY_POS, MODE_TRADES);
      if ( OrderSymbol() != Symbol()) continue;
      if ( OrderMagicNumber() != MagicNumber)  continue;
      if ( OrderType()==OP_BUY ) lotsi=lotsi+OrderLots();
      if ( OrderType()==OP_SELL ) lotsi=lotsi-OrderLots();
   }
   return(lotsi);
}


int OpenOrder(int pType,double pLots,double pLevel,int sp, int sl, int tp,string pComment,int pMagic,datetime pExpiration,color pColor)
{
  int ticket=0;
  int err=0;
  int c = 0;
  int NumberOfTries = 10;
  switch (pType)
  {
      case OP_BUY:
         for(c = 0 ; c < NumberOfTries ; c++)
         {  
            RefreshRates();
            ticket=OrderSend(Symbol(),OP_BUY,pLots,Ask,sp,StopLong(Bid,sl),TakeLong(Bid,tp),pComment,pMagic,pExpiration,pColor);
            if (ticket > 0) break;
            err=GetLastError();
            if(err==0)
            { 
               break;
            }
            else
            {
               if(err==4 || err==137 ||err==146 || err==136) //Busy errors
               {
                  Sleep(5000);
                  continue;
               }
               else //normal error
               {
                  Print("Error Code= ", err);
                  break;
               }  
            }
         } 
         break;
      case OP_SELL:
         for(c = 0 ; c < NumberOfTries ; c++)
         {
            RefreshRates();
            ticket=OrderSend(Symbol(),OP_SELL,pLots,Bid,sp,StopShort(Ask,sl),TakeShort(Ask,tp),pComment,pMagic,pExpiration,pColor);
            if (ticket > 0) break;
            err=GetLastError();
            if(err==0)
            { 
               break;
            }
            else
            {
               if(err==4 || err==137 ||err==146 || err==136) //Busy errors
               {
                  Sleep(5000);
                  continue;
               }
               else //normal error
               {
                  Print("Error Code= ", err);
                  break;
               }  
            }
         } 
         break;
  } 
  
  return(ticket);
}  



void CloseLongs(int MagicNumber, double clots=0)
{
 int trade;
 for(trade=OrdersTotal()-1;trade>=0;trade--)
 {
  if(OrderSelect(trade,SELECT_BY_POS,MODE_TRADES)==false) continue;
  if(OrderSymbol()!=Symbol()||OrderMagicNumber()!=MagicNumber) continue;
  if(OrderType()!=OP_BUY) continue;
   
  if (clots==0) clots=OrderLots();
  OrderClose(OrderTicket(),clots,Bid,Slippage,Blue);
 }//for
}

void CloseShorts(int MagicNumber, double clots=0)
{
 int trade;
 for(trade=OrdersTotal()-1;trade>=0;trade--)
 {
  if(OrderSelect(trade,SELECT_BY_POS,MODE_TRADES)==false) continue;
  if(OrderSymbol()!=Symbol()||OrderMagicNumber()!=MagicNumber) continue;
  if(OrderType()!=OP_SELL) continue;
  
  if (clots==0) clots=OrderLots(); 
  OrderClose(OrderTicket(),clots,Ask,Slippage,Red);
 }//for
}

double StopLong(double price,int stop)
{
 if(stop==0)
  return(0);
 else
  return(price-(stop*Point));
}

double StopShort(double price,int stop)
{
 if(stop==0)
  return(0);
 else
  return(price+(stop*Point));
}

double TakeLong(double price,int take)
{
 if(take==0)
  return(0);
 else
  return(price+(take*Point));
}

double TakeShort(double price,int take)
{
 if(take==0)
  return(0);
 else
  return(price-(take*Point));
}


int HandleTrailingStop(int type, int ticket, double open_price, double cur_sl, int TrailingStopType, int TrailingStop)
{
	double pt, TS = 0, myAsk, myBid;


	if (type == OP_BUY)
	{
		myBid = MarketInfo(Symbol(),MODE_BID);
		switch (TrailingStopType)
		{
			case 1: 
				pt = Point * StopLoss;
				if (myBid - cur_sl > pt) 
					ModifyStopLoss(ticket, myBid - pt);
				break;
				
			case 2: 
				pt = Point * TrailingStop;
				if (myBid - open_price > pt && (cur_sl < myBid - pt || cur_sl == 0))
					ModifyStopLoss(ticket, myBid - pt);
				break;

		}
		return(0);
	}


	else if (type ==  OP_SELL)
	{
		myAsk = MarketInfo(Symbol(),MODE_ASK);
		switch (TrailingStopType)
		{
			case 1: 
				pt = Point * StopLoss;
				if (cur_sl - myAsk > pt) 
					ModifyStopLoss(ticket, myAsk+pt);
				break;
				
			case 2: 
				pt = Point * TrailingStop;
				if (open_price - myAsk > pt && (cur_sl > myAsk + pt || cur_sl == 0))
					ModifyStopLoss(ticket, myAsk+pt);
				break;
				
		 }
	 }
	 return(0);
}

int ModifyStopLoss(int ticket, double stoploss)
{
    int Cnt, digits, err;
    string symbol;
    double myStopLoss;
    
    OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES);
    symbol = OrderSymbol();
    digits = MarketInfo(symbol,MODE_DIGITS);
    if (digits > 0)
    {
			 myStopLoss = NormalizeDouble(stoploss,digits);
    }
    Cnt=0;
    while (Cnt < 3)
    {
       if (OrderModify(ticket,OrderOpenPrice(),myStopLoss,OrderTakeProfit(),0,Aqua))
       {
         Cnt = 3;
       }
       else
       {
          err=GetLastError();
          Print(Cnt," Error modifying order : (", err , ") " + ErrorDescription(err));
         if (err>0) Cnt++;
       }
    }
}

Profitability Reports

NZD/USD Oct 2024 - Jan 2025
0.43
Total Trades 34
Won Trades 30
Lost trades 4
Win Rate 88.24 %
Expected payoff -200.18
Gross Profit 5040.00
Gross Loss -11846.00
Total Net Profit -6806.00
-100%
-50%
0%
50%
100%
GBP/USD Oct 2024 - Jan 2025
0.30
Total Trades 22
Won Trades 18
Lost trades 4
Win Rate 81.82 %
Expected payoff -321.55
Gross Profit 3016.00
Gross Loss -10090.00
Total Net Profit -7074.00
-100%
-50%
0%
50%
100%
AUD/USD Oct 2024 - Jan 2025
0.35
Total Trades 32
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff -258.06
Gross Profit 4428.00
Gross Loss -12686.00
Total Net Profit -8258.00
-100%
-50%
0%
50%
100%

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