//+-----------------------------------------------------------------------------+ //| Firebird v0.63 - MA envelope exhaustion system | //+-----------------------------------------------------------------------------+ #property copyright "Copyright 2005, TraderSeven" #property link "TraderSeven@gmx.net" // \\|// +-+-+-+-+-+-+-+-+-+-+-+ \\|// // ( o o ) |T|r|a|d|e|r|S|e|v|e|n| ( o o ) // ~~~~oOOo~(_)~oOOo~~~~ +-+-+-+-+-+-+-+-+-+-+-+ ~~~~oOOo~(_)~oOOo~~~~ // Firebird calculates a 10 day SMA and then shifts it up and down 2% to for a channel. // For the calculation of this SMA either close (more trades) or H+L (safer trades) is used. // When the price breaks a band a postion in the opposite of the current trend is taken. // If the position goes against us we simply open an extra position to average. // 50% of the trades last a day. 45% 2-6 days 5% longer or just fail. // //01010100 01110010 01100001 01100100 01100101 01110010 01010011 01100101 01110110 01100101 01101110 // Credits fly to: // Vooch for the backtesting fix. // Hugues Du Bois for the multi currency code. // Jackie Griffin for some debugging. // Many people in the MT forum for testing and feedback //----------------------- USER INPUT extern int MA_length = 10; extern int MA_timeframe = 30; // hdb did I add this ? lol extern int MAtype=0;//0=close, 1=HL extern double Percent = 0.1; extern int TradeOnFriday =1; // >0 trades on friday extern int slip = 100;//exits only extern double Lots = 0.3; extern int TakeProfit = 30; extern int Stoploss = 2000;// total loss on all open positions in pips //extern double TrailingStop = 5; extern int PipStep = 30;//if position goes this amount of pips against you add another. extern double IncreasementType =0;//0=just add every PipStep, >0 =OrdersToal()^x *Pipstep extern int MagicNumber=12345; double Stopper=0; double KeepStopLoss=0; double KeepAverage; double dummy; double spread=0; double CurrentPipStep; int OrderWatcher=0; int BuyThisSymbol,SellThisSymbol; double ProfitFromBuys,ProfitFromSells; double LowestBuy,HighestBuy,LowestSell,HighestSell; double LargestMarginUsed,LargestFloatingLoss, LowestFreeMargin; int i; //----------------------- MAIN PROGRAM LOOP int start() { double PriceTarget; double AveragePrice; int OpeningDay; //----------------------- CALCULATE THE NEW PIPSTEP CurrentPipStep=PipStep; if(IncreasementType>0) { CurrentPipStep=MathSqrt(OrdersTotal())*PipStep; CurrentPipStep=MathPow(OrdersTotal(),IncreasementType)*PipStep; } //----------------------- int Direction=0;//1=long, 11=avoid long, 2=short, 22=avoid short if (Day()!=5 || TradeOnFriday >0) { int cnt=0, total; int myTotal =0; // hdb total=OrdersTotal(); if(total==0) OpeningDay=DayOfYear(); for(cnt=0;cnt LargestMarginUsed) LargestMarginUsed = AccountMargin(); if(AccountProfit() < LargestFloatingLoss) LargestFloatingLoss = AccountProfit(); if(LowestFreeMargin == 0.0) LowestFreeMargin = AccountFreeMargin(); if(AccountFreeMargin() < LowestFreeMargin) LowestFreeMargin = AccountFreeMargin(); for(cnt =0; cnt < OrdersTotal(); cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if ( (OrderSymbol() == Symbol()) && (OrderType() == OP_BUY) && (OrderMagicNumber()==MagicNumber)){ BuyThisSymbol += 1; ProfitFromBuys=ProfitFromBuys+OrderProfit(); } if ( (OrderSymbol() == Symbol()) && (OrderType() == OP_SELL) && (OrderMagicNumber()==MagicNumber)){ SellThisSymbol += 1; ProfitFromSells=ProfitFromSells+OrderProfit();} } Comment("Buy trades: ",BuyThisSymbol,","," Sell trades: ",SellThisSymbol, "\nBalance: ",AccountBalance(),","," Equity: ",AccountEquity(), "\nHighestSell: ",HighestSell,","," LowestBuy: ",LowestBuy, "\nHighestBuy: ",HighestBuy,","," LowestSell: ",LowestSell, "\nLargest Margin Used: ",LargestMarginUsed,","," Largest Floating Loss: ",LargestFloatingLoss,","," Lowest Free Margin: ",LowestFreeMargin, "\nProfitFromBuys="+DoubleToStr(ProfitFromBuys,2)+" ProfitFromSsells="+DoubleToStr(ProfitFromSells,2)+" TotalThisPai:"+DoubleToStr((ProfitFromSells+ProfitFromBuys),2)); LowestBuy = 10; HighestSell = 0; HighestBuy = 0; LowestSell = 10; for(cnt = 0; cnt < OrdersTotal(); cnt++) { OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); if ( (OrderSymbol() == Symbol()) && (OrderType() == OP_BUY ) && (OrderMagicNumber()==MagicNumber) && (OrderOpenPrice() < LowestBuy) ) LowestBuy = OrderOpenPrice(); if ( (OrderSymbol() == Symbol()) && (OrderType() == OP_SELL) && (OrderMagicNumber()==MagicNumber) && (OrderOpenPrice() > HighestSell) ) HighestSell = OrderOpenPrice(); if ( (OrderSymbol() == Symbol()) && (OrderType() == OP_BUY ) && (OrderMagicNumber()==MagicNumber) && (OrderOpenPrice() > HighestBuy) ) HighestBuy = OrderOpenPrice(); if ( (OrderSymbol() == Symbol()) && (OrderType() == OP_SELL) && (OrderMagicNumber()==MagicNumber) && (OrderOpenPrice() < LowestSell) ) LowestSell = OrderOpenPrice(); } ///////////////////////////////////////////////////////////////////////////////////////// // BACKTESTER FIX: DO NOT PLACE AN ORDER IF WE JUST CLOSED // AN ORDER WITHIN Period() MINUTES AGO ///////////////////////////////////////////////////////////////////////////////////////// datetime orderclosetime; string rightnow; int rightnow2; int TheHistoryTotal=HistoryTotal(); int difference; int flag=0; for(cnt=0;cntdifference) { // At least 2 periods away! flag=1; // Throw a flag break; } } } } ///////////////////////////////////////////////////////////////////////////////////////// if(flag!=1) { //----------------------- PREVIOUS OPEN PRICE OrderWatcher=0; total=OrdersTotal(); for(cnt=(total-1);cnt>=0;cnt--){ OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES); // Print("ordersymbol = ", OrderSymbol(), " OrderOpenPrice= ", DoubleToStr(OrderOpenPrice(), 10)); if ( OrderSymbol()==Symbol()) // && (OrderMagicNumber()==MagicNumber) ) // hdb - only symbol and magic { LastPrice=OrderOpenPrice(); Comment("LastPrice= ",DoubleToStr(LastPrice, 10)); // Print("cnt= ", cnt, " ordersymbol = ", OrderSymbol(), " OrderOpenPrice= ", DoubleToStr(OrderOpenPrice(), 10), " lastprice= ",DoubleToStr(LastPrice, 10 )); break; } } //Print("ordersymbol = ", OrderSymbol(), " OrderOpenPrice= ", DoubleToStr(OrderOpenPrice(), 10), " lastprice= ",DoubleToStr(LastPrice, 10 )); //----------------------- ENTER POSITION BASED ON OPEN if(MAtype==0) { double myMA =iMA(NULL,MA_timeframe,MA_length,0,MODE_SMA,PRICE_OPEN,0); // Print(" Top, Bid ",myMA*(1+Percent/100)," ",Bid); // if((myMA*(1+Percent/100))=(LastPrice+(CurrentPipStep*Point))||total==0)) // Go SHORT -> Only sell if >= 30 pips above previous position entry { OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),0,0,Red); OrderWatcher=1; Direction=2; } if((myMA*(1-Percent/100))>Ask && Direction!=11 && (Ask<=(LastPrice-(CurrentPipStep*Point))||total==0)) // Go LONG -> Only buy if >= 30 pips below previous position entry { OrderSend(Symbol(),OP_BUY,Lots,Ask,slip,Ask-(Stoploss*Point),Ask+(TakeProfit*Point),0,0,Blue); OrderWatcher=1; Direction=1; } } //----------------------- ENTER POSITION BASED ON HIGH/LOW if(MAtype==1) { if((iMA(NULL,MA_timeframe,MA_length,0,MODE_SMA,PRICE_HIGH,0)*(1+Percent/100))=(LastPrice+(CurrentPipStep*Point))||total==0)) // Go SHORT -> Only sell if >= 30 pips above previous position entry { OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),0,0,Red); OrderWatcher=1; Direction=2; } if((iMA(NULL,MA_timeframe,MA_length,0,MODE_SMA,PRICE_LOW,0)*(1-Percent/100))>Ask && Direction!=11 && (Ask<=(LastPrice-(CurrentPipStep*Point))||total==0)) // Go LONG -> Only buy if >= 30 pips below previous position entry { OrderSend(Symbol(),OP_BUY,Lots,Ask,slip,Ask-(Stoploss*Point),Ask+(TakeProfit*Point),0,0,Blue); OrderWatcher=1; Direction=1; } } } // end of flag test //----------------------- CALCULATE AVERAGE OPENING PRICE total=OrdersTotal(); AveragePrice=0; int myOrderType = -1; // hdb myTotal = 0; // hdb - count of relevant trades if(total>1 && OrderWatcher==1) { for(cnt=0;cnt1) // Calculate profit/stop target for long { PriceTarget=AveragePrice+(TakeProfit*Point); Stopper=AveragePrice-(((Stoploss*Point)/myTotal)); } if(myOrderType==OP_SELL && OrderWatcher==1 && myTotal>1) // Calculate profit/stop target for short { PriceTarget=AveragePrice-(TakeProfit*Point); Stopper=AveragePrice+(((Stoploss*Point)/myTotal)); } Comment("AveragePrice", AveragePrice); //----------------------- IF NEEDED CHANGE ALL OPEN ORDERS TO THE NEWLY CALCULATED PROFIT TARGET //if(OrderWatcher==1 && myTotal>1)// check if average has really changed //if(OrderWatcher==1 && myTotal>1)// check if average has really changed // { total=OrdersTotal(); for(cnt=0;cnt0) { myOrderType = -1; // hdb myTotal = 0; // hdb - count of relevant trades total=OrdersTotal(); for(cnt=0;cnt(dummy-spread)) { // a stoploss was hit if(Direction==1) Direction=11;// no more longs if(Direction==2) Direction=22;// no more shorts } KeepStopLoss=0; } } } //----------------------- TO DO LIST // 1st days profit target is the 30 pip line *not* 30 pips below average as usually. -----> Day() // Trailing stop -> trailing or S/R or pivot target // Realistic stop loss // Avoid overly big positions // EUR/USD 30 pips / use same value as CurrentPipStep // GBP/CHF 50 pips / use same value as CurrentPipStep // USD/CAD 35 pips / use same value as CurrentPipStep //----------------------- OBSERVATIONS // GBPUSD not suited for this system due to not reversing exhaustions. Maybe use other types of MA // EURGBP often sharp reversals-> good for trailing stops? // EURJPY deep pockets needed.