TunnelMethod

Author: Copyright 2005, Chris Battles.
Profit factor:
0.27
Orders Execution
Checks for the total of open ordersIt automatically opens orders when conditions are reachedIt can change open orders parameters, due to possible stepping strategy
Indicators Used
Moving average indicator
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TunnelMethod
/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                   Copyright 2005, Chris Battles. |
//|                                              cbattles@neo.rr.com |
//+------------------------------------------------------------------+


#property copyright "Copyright 2005, Chris Battles."
#property link      "cbattles@neo.rr.com"

extern double TrailingStop = 35;
extern double TrailingStopTrigger = 20;
extern double StopLoss = 25;
extern double TakeProfit = 230;
extern double Lots = 0.1;

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int start(){
   int cnt, ticket;
   if(Bars<100){
      Print("bars less than 100");
      return(0);
   }

   double ema1a=iMA(NULL,60,169,0,MODE_EMA,PRICE_CLOSE,0);
   double ema2a=iMA(NULL,60,144,0,MODE_EMA,PRICE_CLOSE,0);
   double ema3a=iMA(NULL,60,12,0,MODE_EMA,PRICE_CLOSE,0);
   double ema1b=iMA(NULL,60,169,0,MODE_EMA,PRICE_CLOSE,1);
   double ema2b=iMA(NULL,60,144,0,MODE_EMA,PRICE_CLOSE,1);
   double ema3b=iMA(NULL,60,12,0,MODE_EMA,PRICE_CLOSE,1);

   int total=OrdersTotal();
   if(total<1){
      if(AccountFreeMargin()<(1000*Lots)){
         Print("We have no money. Free Margin = ", AccountFreeMargin());
         return(0);
      }

      if (ema3b<ema1b && ema3a>ema1a){
         ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,Ask+TakeProfit*Point, NULL,16384,0,Green);
         if(ticket>0){
            if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice());
         }
         else Print("Error opening BUY order : ",GetLastError());
         return(0);
      }

      if (ema3b>ema2b && ema3a<ema2a){
         ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,Bid-TakeProfit*Point, NULL,16384,0,Red);
         if(ticket>0) {
            if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice());
         }
         else Print("Error opening SELL order : ",GetLastError());
         return(0);
      }
   }
   for(cnt=0;cnt<total;cnt++) {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
      if(OrderType()<=OP_SELL && OrderSymbol()==Symbol()) {
         if(OrderType()==OP_BUY){
            if(TrailingStop>0) {
               if(Bid-OrderOpenPrice()>Point*TrailingStopTrigger) {
                  if(OrderStopLoss()<Bid-Point*TrailingStop) {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Point*TrailingStop,OrderTakeProfit(),0,Green);
                     return(0);
                  }
               }
            }
         }else{
            if(TrailingStop>0) {
               if((OrderOpenPrice()-Ask)>(Point*TrailingStopTrigger)) {
                  if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0)) {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red);
                     return(0);
                  }
               }
            }
         }
      }
   }
}

Profitability Reports

NZD/USD Oct 2024 - Jan 2025
0.18
Total Trades 239
Won Trades 26
Lost trades 213
Win Rate 10.88 %
Expected payoff -1.79
Gross Profit 94.40
Gross Loss -523.40
Total Net Profit -429.00
-100%
-50%
0%
50%
100%
GBP/USD Oct 2024 - Jan 2025
0.30
Total Trades 536
Won Trades 65
Lost trades 471
Win Rate 12.13 %
Expected payoff -1.51
Gross Profit 338.50
Gross Loss -1145.30
Total Net Profit -806.80
-100%
-50%
0%
50%
100%
AUD/USD Oct 2024 - Jan 2025
0.32
Total Trades 127
Won Trades 0
Lost trades 0
Win Rate 0.00 %
Expected payoff -1.31
Gross Profit 79.50
Gross Loss -245.80
Total Net Profit -166.30
-100%
-50%
0%
50%
100%

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