Time: 2011-12-22 | Download file:TrailingBreakEven.mq4
//+------------------------------------------------------------------+ //| TrailingBreakEven.mq4 | //| Copyright © 2009 | //| | //| Written by Robert Hill aka MrPip for Forex-tsd group | //| | //| Modified Breakeven for no trail after first move | //| | //+------------------------------------------------------------------+ #property copyright "Copyright © 2009, Robert Hill" #includeextern string Expert_Name = "TrailingBE"; extern double BreakEven = 30; extern int LockInPips = 1; // Profit Lock in pips //+---------------------------------------------------+ //|General controls | //+---------------------------------------------------+ string setup; double myPoint; //+------------------------------------------------------------------+ //| expert initialization function | //+------------------------------------------------------------------+ int init() { setup=Expert_Name + Symbol() + "_" + func_TimeFrame_Val2String(func_TimeFrame_Const2Val(Period())); myPoint = SetPoint(Symbol()); //---- return(0); } //+------------------------------------------------------------------+ //| expert deinitialization function | //+------------------------------------------------------------------+ int deinit() { return(0); } //+------------------------------------------------------------------+ //| The functions from this point to the start function are where | //| changes are made to test other systems or strategies. | //|+-----------------------------------------------------------------+ //+------------------------------------------------------------------+ //| expert start function | //+------------------------------------------------------------------+ int start() { //---- //+------------------------------------------------------------------+ //| Check for Open Position | //+------------------------------------------------------------------+ HandleOpenPositions(); //---- return(0); } //+------------------------------------------------------------------+ //| Handle Open Positions | //| Check if any open positions need to be closed or modified | //+------------------------------------------------------------------+ int HandleOpenPositions() { int cnt; for(cnt=OrdersTotal()-1;cnt>=0;cnt--) { OrderSelect (cnt, SELECT_BY_POS, MODE_TRADES); if ( OrderSymbol() != Symbol()) continue; // if ( OrderMagicNumber() != MagicNumber) continue; if(OrderType() == OP_BUY) { if (OrderStopLoss() < OrderOpenPrice()) BreakEven_TrailingStop(OP_BUY,OrderTicket(),OrderOpenPrice(),OrderStopLoss(),OrderTakeProfit()); } if(OrderType() == OP_SELL) { if (OrderStopLoss() > OrderOpenPrice()) BreakEven_TrailingStop(OP_SELL,OrderTicket(),OrderOpenPrice(),OrderStopLoss(),OrderTakeProfit()); } } } int ModifyOrder(int ord_ticket,double op, double price,double tp, color mColor) { int CloseCnt, err; CloseCnt=0; while (CloseCnt < 3) { if (OrderModify(ord_ticket,op,price,tp,0,mColor)) { CloseCnt = 3; } else { err=GetLastError(); Print(CloseCnt," Error modifying order : (", err , ") " + ErrorDescription(err)); if (err>0) CloseCnt++; } } } double ValidStopLoss(int type, double price, double SL) { double mySL; double minstop; minstop = MarketInfo(Symbol(),MODE_STOPLEVEL); if (Digits == 3 || Digits == 5) minstop = minstop / 10; mySL = SL; if (type == OP_BUY) { if((price - mySL) < minstop*myPoint) mySL = price - minstop*myPoint; } if (type == OP_SELL) { if((mySL-price) < minstop*myPoint) mySL = price + minstop*myPoint; } return(NormalizeDouble(mySL,MarketInfo(Symbol(), MODE_DIGITS))); } //+------------------------------------------------------------------+ //| BreakEvenExpert_v1.mq4 | //| Copyright © 2006, Forex-TSD.com | //| Written by IgorAD,igorad2003@yahoo.co.uk | //| http://finance.groups.yahoo.com/group/TrendLaboratory | //| Move stop to breakeven + Lockin, no trail | //+------------------------------------------------------------------+ void BreakEven_TrailingStop(int type, int ticket, double op, double os, double tp) { int digits; double pBid, pAsk, BuyStop, SellStop; digits = MarketInfo(Symbol(), MODE_DIGITS); if (type==OP_BUY) { pBid = MarketInfo(Symbol(), MODE_BID); if ( pBid-op > myPoint*BreakEven ) { BuyStop = op + LockInPips * myPoint; if (digits > 0) BuyStop = NormalizeDouble( BuyStop, digits); BuyStop = ValidStopLoss(OP_BUY,pBid, BuyStop); if (os < BuyStop) ModifyOrder(ticket,op,BuyStop,tp,LightGreen); return; } } if (type==OP_SELL) { pAsk = MarketInfo(Symbol(), MODE_ASK); if ( op - pAsk > myPoint*BreakEven ) { SellStop = op - LockInPips * myPoint; if (digits > 0) SellStop = NormalizeDouble( SellStop, digits); SellStop = ValidStopLoss(OP_SELL, pAsk, SellStop); if (os > SellStop) ModifyOrder(ticket,op,SellStop,tp,DarkOrange); return; } } } //+------------------------------------------------------------------+ //| Time frame interval appropriation function | //+------------------------------------------------------------------+ int func_TimeFrame_Const2Val(int Constant ) { switch(Constant) { case 1: // M1 return(1); case 5: // M5 return(2); case 15: return(3); case 30: return(4); case 60: return(5); case 240: return(6); case 1440: return(7); case 10080: return(8); case 43200: return(9); } } //+------------------------------------------------------------------+ //| Time frame string appropriation function | //+------------------------------------------------------------------+ string func_TimeFrame_Val2String(int Value ) { switch(Value) { case 1: // M1 return("PERIOD_M1"); case 2: // M1 return("PERIOD_M5"); case 3: return("PERIOD_M15"); case 4: return("PERIOD_M30"); case 5: return("PERIOD_H1"); case 6: return("PERIOD_H4"); case 7: return("PERIOD_D1"); case 8: return("PERIOD_W1"); case 9: return("PERIOD_MN1"); default: return("undefined " + Value); } } double SetPoint(string mySymbol) { double mPoint, myDigits; myDigits = MarketInfo (mySymbol, MODE_DIGITS); if (myDigits < 4) mPoint = 0.01; else mPoint = 0.0001; return(mPoint); }