This script is designed to automatically place and manage trades in a financial market, likely forex or stocks, based on a specific technical indicator called "Bulls Power." Here's a breakdown of how it works:
1. Setting the Stage:
- The script starts by defining several adjustable parameters:
TakeProfit: This determines how much profit the script aims to make on each trade, measured in points (a unit of price movement).Lots: This defines the size of the trades the script will make.TrailingStop: This is a safety net that automatically adjusts the stop-loss level as the price moves in a favorable direction, locking in profits.StopLoss: This sets the maximum amount of money the script is willing to lose on a trade.
2. Reading the Market:
- The script constantly monitors the market using the "Bulls Power" indicator. This indicator is a tool that attempts to gauge the strength of buyers in the market.
- It looks at the "Bulls Power" value at two different points in time: the previous bar and the current bar.
3. Managing Existing Trades:
- Closing Losing Positions: If the "Bulls Power" indicates a weakening buying trend (previous Bulls Power is higher than the current) the script first tries to close existing buy orders (hoping to close winning positions using a trailing stop).
- Closing Winning Positions: Similarly, if the "Bulls Power" suggests a bearish market, the script attempts to close existing sell orders (using trailing stops).
4. Opening New Trades:
- The script opens new trades only if it doesn't already have an open trade.
- Selling: If the "Bulls Power" reading suggests weakening buying pressure (previous higher than current) and the current value is above zero, the script will place a sell order.
- Buying: If the "Bulls Power" indicator shows a negative value, suggesting strong potential for a price increase, the script will place a buy order.
5. Order Execution:
- When the script decides to open a trade, it sends an order to the trading platform.
- The order includes:
- The direction of the trade (buy or sell).
- The size of the trade (
Lots). - The stop-loss level (
StopLoss). - The take-profit level (
TakeProfit).
In essence, this script automatically analyzes the market using the "Bulls Power" indicator and places trades based on its readings, aiming to profit from short-term price movements while attempting to limit potential losses.
Orders Execution
Indicators Used
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UpDn-Alexander Piechotta-30
//+------------------------------------------------------------------+
extern double TakeProfit = 7;
extern double Lots = 0.1;
extern double TrailingStop = 5;
extern double StopLoss = 30;
int start()
{
double pos1pre=0;
double pos2cur=0;
int cnt=0;
int mode=0;
double openpozprice=0;
pos1pre = iBullsPower(NULL,0,1,PRICE_WEIGHTED,1);
pos2cur = iBullsPower(NULL,0,1,PRICE_WEIGHTED,0);
//Comment("??????? ??????? ",pos2cur,"Previous pos", pos1pre );
if (pos1pre >pos2cur) {
//????????? ??????? ???????
for (cnt=1; cnt<OrdersTotal(); cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if( OrderSymbol()==Symbol() && OrderType()==OP_BUY )
{
if (Bid>(OrderOpenPrice()+TrailingStop*Point))
{
OrderClose(OrderTicket(),OrderLots(),Bid,5,Violet);
return(0);
}
}
}
}
if (pos2cur<0)
//????????? ???????? ???????
{
for (cnt=1; cnt<OrdersTotal(); cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if( OrderSymbol()==Symbol() && OrderType()==OP_SELL )
{
if (Ask< (OrderOpenPrice()-TrailingStop*Point))
{
OrderClose(OrderTicket(),OrderLots(),Ask,5,Violet);
return(0);
} }
}
}
if (OrdersTotal() < 1 )
{
Print("pos1pre = "+pos1pre+" pos2cur ="+pos2cur);
if (pos1pre>pos2cur && pos2cur>0) {
int ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,0,Bid-TakeProfit*Point,"",0,0,Gold);
return(0);
}
// ????????? ?? ??????????? ?????? ? ??????? ??????? (BUY)
if (pos2cur<0) {
// print("K = "+K+" S ="+S);
ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,0,Ask+TakeProfit*Point,"",0,0,Gold);
return(0);
}
}
}
Profitability Reports
USD/JPY
Jul 2025 - Sep 2025
0.05
Total Trades
40
Won Trades
39
Lost trades
1
Win Rate
97.50 %
Expected payoff
-8.50
Gross Profit
19.11
Gross Loss
-359.11
Total Net Profit
-340.00
-100%
-50%
0%
50%
100%
USD/CHF
Jul 2025 - Sep 2025
0.37
Total Trades
30
Won Trades
29
Lost trades
1
Win Rate
96.67 %
Expected payoff
-1.47
Gross Profit
25.76
Gross Loss
-69.91
Total Net Profit
-44.15
-100%
-50%
0%
50%
100%
USD/CAD
Jul 2025 - Sep 2025
0.05
Total Trades
17
Won Trades
16
Lost trades
1
Win Rate
94.12 %
Expected payoff
-9.80
Gross Profit
8.28
Gross Loss
-174.88
Total Net Profit
-166.60
-100%
-50%
0%
50%
100%
NZD/USD
Jul 2025 - Sep 2025
0.78
Total Trades
94
Won Trades
93
Lost trades
1
Win Rate
98.94 %
Expected payoff
-0.19
Gross Profit
65.10
Gross Loss
-83.20
Total Net Profit
-18.10
-100%
-50%
0%
50%
100%
GBP/USD
Jul 2025 - Sep 2025
0.36
Total Trades
213
Won Trades
212
Lost trades
1
Win Rate
99.53 %
Expected payoff
-1.24
Gross Profit
148.40
Gross Loss
-413.10
Total Net Profit
-264.70
-100%
-50%
0%
50%
100%
GBP/CAD
Jul 2025 - Sep 2025
0.14
Total Trades
91
Won Trades
90
Lost trades
1
Win Rate
98.90 %
Expected payoff
-3.17
Gross Profit
45.51
Gross Loss
-334.20
Total Net Profit
-288.69
-100%
-50%
0%
50%
100%
GBP/AUD
Jul 2025 - Sep 2025
0.42
Total Trades
97
Won Trades
96
Lost trades
1
Win Rate
98.97 %
Expected payoff
-0.63
Gross Profit
44.34
Gross Loss
-105.14
Total Net Profit
-60.80
-100%
-50%
0%
50%
100%
EUR/USD
Jul 2025 - Sep 2025
0.00
Total Trades
37
Won Trades
36
Lost trades
1
Win Rate
97.30 %
Expected payoff
-2851.80
Gross Profit
25.20
Gross Loss
-105541.70
Total Net Profit
-105516.50
-100%
-50%
0%
50%
100%
AUD/USD
Jul 2025 - Sep 2025
0.23
Total Trades
66
Won Trades
65
Lost trades
1
Win Rate
98.48 %
Expected payoff
-2.30
Gross Profit
45.50
Gross Loss
-197.10
Total Net Profit
-151.60
-100%
-50%
0%
50%
100%
USD/JPY
Jan 2025 - Jul 2025
1.57
Total Trades
942
Won Trades
941
Lost trades
1
Win Rate
99.89 %
Expected payoff
0.17
Gross Profit
444.18
Gross Loss
-283.64
Total Net Profit
160.54
-100%
-50%
0%
50%
100%
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