Centre of Bar Close and Breakout Strategy - Opens early - any ideas?

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Hi,

I am trying to code an EA which looks to see if the last bar had a close near the centre and if it did buy or sell on a breakout of the high or low of the same bar but the opening of orders does not happen when I expect. Any ideas? Thanks very much. Code follows.

//+------------------------------------------------------------------+
//| CentralClose.mq4 |
//| Copyright © 2005, MetaQuotes Software Corp. |
//| https://www.metaquotes.net// |
//+------------------------------------------------------------------+

extern double TakeProfit = 40;
extern double Lots = 0.1;
extern double StopLoss = 40;
extern double LastClose, LastHigh, LastLow, SigRangeHi, SigRangeLo;
extern int OrderSig=0;

//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+


int start()
{

int ticket, total, OrderSig;

// initial data checks
// it is important to make sure that the expert works with a normal
// chart and the user did not make any mistakes setting external
// variables (Lots, StopLoss, TakeProfit,
// TrailingStop) in our case, we check TakeProfit
// on a chart of less than 100 bars

if(Bars<100)
{
Print("bars less than 100");
return(0);
}

if(TakeProfit<10)
{
Print("TakeProfit less than 10");
return(0); // check TakeProfit
}

// to simplify the coding and speed up access
// data are put into internal variables
LastClose=Close[0];
LastHigh=High[0];
LastLow=Low[0];
SigRangeHi=(LastLow+((LastHigh-LastLow)/2)+(20*Point));
SigRangeLo=(LastLow+((LastHigh-LastLow)/2)-(20*Point));



total=OrdersTotal();

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

if(total>0)
{
Print("Orders are already open");
return(0);

}

if (LastClose>SigRangeLo && LastClose<SigRangeHi)
{
OrderSig=1;
}

// check for order placement possibility
if(OrderSig==1)
{
{if (Bid <= LastLow)
OrderSend(Symbol(),OP_SELL,Lots,Bid,0,Bid+StopLoss*Point,Bid-TakeProfit*Point,"My order #",16384,0,Green);
Alert (GetLastError());
}
}
if(OrderSig==1)
{
{if (Ask >= LastHigh)
OrderSend(Symbol(),OP_BUY,Lots,Ask,0,Ask-StopLoss*Point,Ask+TakeProfit*Point,"My order #",16384,0,Green);
Alert (GetLastError());
}
}
OrderSig=0;
return(0);
}
// the end.

 
mickstill wrote >>

Hi,

I am trying to code an EA which looks to see if the last bar had a close near the centre and if it did buy or sell on a breakout of the high or low of the same bar but the opening of orders does not happen when I expect. Any ideas? Thanks very much. Code follows.

Hi

You are using Close[0], which is the current bar and constantly forming, try Close[1], High[1],etc etc.

HTH

Keith

 

Can anyone tell me how to program this? Conditions are, if MA(any) close (marked in red dot) just above the center of candle body (marked as light gray vertical line) In other words, if the Red Dot is placed between 50% to 63% on a Bearish Candle, then show the RED DOT & LIGHT GRAY LINE, otherwise don't show or don't mark.

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