TrueScalper_Ron_MT4_v02a TS

Author: Jacob Yego
Price Data Components
Orders Execution
Checks for the total of open ordersIt automatically opens orders when conditions are reachedIt Closes Orders by itself It can change open orders parameters, due to possible stepping strategy
Indicators Used
Moving average indicatorRelative strength index
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TrueScalper_Ron_MT4_v02a TS
/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------+
//| TRUE_SCALPER                       |
//+------------------------------------+
//
// This is the one used successfully by Jean-François 
//
// Designed for M5 but I attached it to M15 and it worked fine.
//	long if EMA3>EMA7:::EMA3<EMA7<0 
// Code Adapted from  Scalper EAs to use EMA and RSI and multiple currencies


// variables declared here are GLOBAL in scope

#property copyright "Jacob Yego"
#property link      "http://www.PointForex.com/"
// MT4 conversion by Ron Thompson

// generic user input
#define   MAGIC     20050817
extern int    HourSetOrder = 9;    // start time
extern double Lots=1;
extern int    TakeProfit=50;
extern int    StopLoss=25;
extern int    TrailingStop=15;

extern int    Slippage=2;
extern int    ProfitMade=25;
double dHigh, dLow;     // day extrema 
int    WidthChannel;    // width of channel

//+------------------------------------+
//| Custom init (usually empty on EAs) |
//|------------------------------------|
// Called ONCE when EA is added to chart
int init()
  {
  

  
    ObjectCreate("HDayBorder", OBJ_TREND, 0, 0,0, 0,0);
    ObjectCreate("LDayBorder", OBJ_TREND, 0, 0,0, 0,0);
  }




//+------------------------------------------------------------------+
//|  the determination of the day extreem                               |
//+------------------------------------------------------------------+
int DefineDayExtremums() {
  int CurrentDay=Day(), sb=0;

  dHigh=0; dLow=500;
  while (TimeDay(Time[sb])==CurrentDay && sb<1500) {
    if (TimeHour(Time[sb])<=HourSetOrder) {
      dHigh = MathMax(dHigh, High[sb]);
      dLow  = MathMin(dLow, Low[sb]);
    }
    sb++;
  }
  WidthChannel = (dHigh - dLow) / Point;
  Comment("Width of channel: " + WidthChannel);
}

//+------------------------------------------------------------------+
//|  mapping the day channel                                                                         |
//+------------------------------------------------------------------+
int DrawDayChannel() {
  if (!IsTesting()) {
    ObjectSet("HDayBorder", OBJPROP_TIME1, StrToTime(TimeToStr(Time[0], TIME_DATE)+" 00:00"));
    ObjectSet("HDayBorder", OBJPROP_TIME2, Time[0]);
    ObjectSet("HDayBorder", OBJPROP_PRICE1, dHigh);
    ObjectSet("HDayBorder", OBJPROP_PRICE2, dHigh);
    ObjectSet("HDayBorder", OBJPROP_COLOR, Blue);
    ObjectSet("HDayBorder", OBJPROP_STYLE, STYLE_DASH);

    ObjectSet("LDayBorder", OBJPROP_TIME1, StrToTime(TimeToStr(Time[0], TIME_DATE)+" 00:00"));
    ObjectSet("LDayBorder", OBJPROP_TIME2, Time[0]);
    ObjectSet("LDayBorder", OBJPROP_PRICE1, dLow);
    ObjectSet("LDayBorder", OBJPROP_PRICE2, dLow);
    ObjectSet("LDayBorder", OBJPROP_COLOR, Red);
    ObjectSet("LDayBorder", OBJPROP_STYLE, STYLE_DASH);
  }
}
//+------------------------------------+
//| Custom deinit(usually empty on EAs)|
//+------------------------------------+
// Called ONCE when EA is removed from chart
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
    
    ObjectDelete("HDayBorder");
    ObjectDelete("LDayBorder");
  }
  Comment("");

   return(0);
  


//+------------------------------------+
//| EA main code                       |
//+------------------------------------+
// Called EACH TICK and possibly every Minute
// in the case that there have been no ticks

int start()
  {
DefineDayExtremums();
  DrawDayChannel();
   double p=Point();
   int      cnt=0;
   int      OrdersPerSymbol=0;

   double  bull=0;
   double  bear=0;
   double  RSI=0;
   bool    RSIPOS=0;
   bool    RSINEG=0;
   double  lobar=0;
   double  hibar=0; 
   double  slBUY=0,tpBUY=0;
   double  slSEL=0,tpSEL=0;

   // Error checking
   if(AccountFreeMargin()<(1000*Lots))        {Print("-----NO MONEY"); return(0);}
   if(Bars<100)                               {Print("-----NO BARS "); return(0);}
   
   // 3-period moving average on Bar[1]
   bull=iMA(Symbol(),0,3,0,MODE_EMA,PRICE_CLOSE,1);
   // 7-period moving average on Bar[1]
   bear=iMA(Symbol(),0,7,0,MODE_EMA,PRICE_CLOSE,1);
   
   // 2-period moving average(???) on Bar[2]
   RSI=iRSI(Symbol(),0,2,PRICE_CLOSE,2);
   // Determine what polarity RSI is in
   if(RSI>50) RSIPOS=true;  else RSINEG=false;
   if(RSI<50) RSIPOS=false; else RSINEG=true;


   OrdersPerSymbol=0;
   for(cnt=OrdersTotal();cnt>=0;cnt--)
     {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
      if( OrderSymbol()==Symbol() )
        {
         OrdersPerSymbol++;
        }
     }

   // calculate TakeProfit and StopLoss for 
   //Ask(buy, long)
   slBUY=Ask-(StopLoss*p);
   tpBUY=Bid+(TakeProfit*p);
   //Bid (sell, short)
   slSEL=Bid+(StopLoss*p);
   tpSEL=Ask-(TakeProfit*p);

   // so we can eventually do trailing stop
   //if (TakeProfit<=0) {tpBUY=0; tpSEL=0;}           
   //if (StopLoss<=0)   {slBUY=0; slSEL=0;}           

   // place new orders based on direction
   // only of no orders open
   if(OrdersPerSymbol<1)
     {
      // not sure if this should be POS or NEG
      if(bull>bear && RSINEG)
		  {
         OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,Ask-(StopLoss*Point),Ask+(TakeProfit*Point),"Buy Order placed at "+CurTime(),0,0,White);
         //(Symbol(),OP_BUY,Lots,Ask,Slippage,slBUY,tpBUY,"ZJMQCIDFG",11123,0,White);
         return(0);
        }
        
      // not sure if this should be POS or NEG
      if(bull<bear &&RSIPOS )
        {
         OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,Bid+(StopLoss*Point),Bid-(TakeProfit*Point),"Sell Order placed at "+CurTime(),0,0,Red);
         //(Symbol(),OP_SELL,Lots,Bid,Slippage,slSEL,tpSEL,"ZJMQCIDFG",11321,0,Red);
         return(0);
        }
     } //if
	
   // CLOSE order if profit target made
   for(cnt=0;cnt<OrdersTotal();cnt++)
     {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
      if( OrderSymbol()==Symbol() )
        {
         if(OrderType()==OP_BUY)
           {
            // did we make our desired BUY profit?
            if(  Bid-OrderOpenPrice() > ProfitMade*p  )
              {
               OrderClose(OrderTicket(),Lots,Bid,0,White);
               return(0);
              }
           } // if BUY

         if(OrderType()==OP_SELL)
           {
            // did we make our desired SELL profit?
            if(  OrderOpenPrice()-Ask > (ProfitMade*p)   )
              {
               OrderClose(OrderTicket(),Lots,Ask,0,Red);
               return(0);
              }
           } //if SELL
           
        } // if(OrderSymbol)
        
     } // for
// ---------------- TRAILING STOP
if(TrailingStop>0)
{ 
     OrderSelect(0, SELECT_BY_POS, MODE_TRADES);
     if((OrderType() == OP_BUY || OrderType() == OP_BUYSTOP) && 
(OrderSymbol()==Symbol()))
         {
            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()))
         {
            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);
                    }
                 }
              }
          }
}   
   return(0);
  } // start()





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