//+------------------------------------------------------------------+ //| Stoch.mq4 | //| For Eur/Usd 1H //| Copyright © 2005, Jacob Yego | //| http://PointForex.com | //+------------------------------------------------------------------+ extern double TakeProfit = 250; extern double Lots = 1.0; extern double TrailingStop = 60; //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int start() { double EMA1; double EMA2; double EMA3; double EMA4; double ATR; double RSI; double CCI; double Stoch; double Stochsig; int cnt,ticket,tt=0, total; // check TakeProfit on a chart of less than 200 bars if(Bars<200) { Print("bars less than 200"); return(0); } if(TakeProfit<10) { Print("TakeProfit less than 10"); return(0); // check TakeProfit } // data in internal variables for access speed EMA1=iMA(NULL,0,8,0,MODE_EMA,PRICE_CLOSE,0); EMA2=iMA(NULL,0,100,0,MODE_EMA,PRICE_CLOSE,0); EMA3=iMA(NULL,0,8,0,MODE_EMA,PRICE_CLOSE,1); EMA4=iMA(NULL,0,100,0,MODE_EMA,PRICE_CLOSE,1); ATR=iATR(NULL,0,20,0); RSI=iRSI(NULL,0,14,PRICE_CLOSE,0); CCI= iCCI(NULL,0,14,PRICE_CLOSE,0); Stoch=iStochastic(NULL,0,14,3,3,MODE_SMA,0,MODE_MAIN,0); Stochsig=iStochastic(NULL,0,14,3,3,MODE_SMA,0,MODE_SIGNAL,0); // to ensure that only one trade per pair is entered to avoid multiplicity total=OrdersTotal(); for(cnt=0;cnt0) { if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("BUY order opened : ",OrderOpenPrice()); } else Print("Error opening BUY order : ",GetLastError()); return(0); } // Short position (SELL) possibility if(EMA2 > EMA1 && EMA4 < EMA3 && RSI<50 && CCI<0 && Stoch0) { if(OrderSelect(ticket,SELECT_BY_TICKET,MODE_TRADES)) Print("SELL order opened : ",OrderOpenPrice()); } else Print("Error opening SELL order : ",GetLastError()); return(0); } return(0); } //Exit Strategy for(cnt=0;cnt EMA1 && EMA4 < EMA3 && CCI<0 && Stoch0) { if(Bid-OrderOpenPrice()>Point*TrailingStop) { if(OrderStopLoss()70 && EMA1 > EMA2 && EMA3 < EMA4 && CCI>0 && Stoch>Stochsig) { OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position return(0); // exit } // trailing stop check if(TrailingStop>0) { if((OrderOpenPrice()-Ask)>(Point*TrailingStop)) { if((OrderStopLoss()>(Ask+Point*TrailingStop)) || (OrderStopLoss()==0)) { OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Point*TrailingStop,OrderTakeProfit(),0,Red); return(0); } } } } } } return(0); } // the end.