Stochastic / MA240 strategy
Here I modified my code a little bit.
EA needs to open:
1) open SELL trades
- only if price is bottom MA240
- if Stoch red line (signal) crossing Stoch green line (main) downwards
Close SELL trades
- only if stochastic reverse
2) open BUY trades
- only if price is over MA240
- if Stoch green line (main) crossing Stoch red line (signal) upwards
close BUY trades
- only if stochastic reverse
But for some reason this code is not able to open any trades. What could be a reason ?
//-------------------------------------------------------------------- // callstohastic.mq4 // The code should be used for educational purpose only. //-------------------------------------------------------------------- //MA Settings extern int Period_MA = 240; // Calculated MA period bool Fact_Up = true; // Fact of report that price.. bool Fact_Dn = true; //..is above or below MA int pos; int start() // Special function start() { // Stochastic settings double M_0, M_1, // Value MAIN on 0 and 1st bars S_0, S_1; // Value SIGNAL on 0 and 1st bars // Moving averange settings double MA; //-------------------------------------------------------------------- MA=iMA(NULL,0,Period_MA,0,MODE_SMA,PRICE_CLOSE,0); //-------------------------------------------------------------------- //-------------------------------------------------------------------- // Tech. ind. function call M_0 = iStochastic(NULL,0,8,3,3,MODE_SMA,0,MODE_MAIN, 0);// 0 bar M_1 = iStochastic(NULL,0,8,3,3,MODE_SMA,0,MODE_MAIN, 1);// 1st bar S_0 = iStochastic(NULL,0,8,3,3,MODE_SMA,0,MODE_SIGNAL,0);// 0 bar S_1 = iStochastic(NULL,0,8,3,3,MODE_SMA,0,MODE_SIGNAL,1);// 1st bar //-------------------------------------------------------------------- int Total_Order = OrdersTotal(); // Check if trade is already open, if yes, do nothing for (pos = 0; pos <= Total_Order; pos ++) { if (OrderSelect (pos, SELECT_BY_POS) == true) { if (OrderSymbol () == Symbol ()) { Print (":( Sorry already have that symbol opened "); // get outta here do something else break ; } else { Print ("No order opened for this symbol"); // If STOCH green line crossing STOCH red line upwords // and if price above MA240 - BUY if(M_1 < S_1 && M_0 >= S_0) // Green line crosses red upwards { Fact_Dn = true; // Report about price above MA Fact_Up = false; // Don't report about price below MA Alert("Stochastic going up, price above MA240 - BUY. "); // Alert OrderSend(Symbol(),OP_BUY,0.1,Ask,3,Bid-15*Point,Bid+15*Point); } // If STOCH green line crosses STOCH red line downwards // and if price bottom MA240 - SELL if( M_1 > S_1 && M_0 <= S_0) // Green line crosses red downwards { Fact_Up = true; // Report about price below MA Fact_Dn = false; // Don't report about price above MA Alert("Stochastic going down, price bottom MA240 - SELL."); // Alert OrderSend(Symbol(),OP_BUY,0.1,Ask,3,Bid-15*Point,Bid+15*Point); } } } } // If price movement continue // then... if( M_1 > S_1 && M_0 > S_0 ) // Green line higher than red //Alert("Continue holding Buy position."); // Alert if( M_1 < S_1 && M_0 < S_0 ) // Green line lower than red //Alert("Continue holding Buy position."); // Alert //-------------------------------------------------------------------- return; // Exit start() } //--------------------------------------------------------------------
zalezny: But for some reason this code is not able to open any trades. What could be a reason ?
So find out why! Check your return codes (OrderSend)
What are Function return values ? How do I use them ? - MQL4 forum and Common Errors in MQL4 Programs and How to Avoid Them - MQL4 Articles
OrderSend(Symbol(),OP_BUY,0.1,Ask,3,Bid-15*Point,Bid+15*Point);
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Dear Colleagues,
I just started learning mql4 and searching for a help.
How to put "open/close trade" function to this example ? I would like to open a BUY trade once stochastic red line(signal) crossing stochastic (main) green line upwards.
And close if stochastic green (main) line crossing signal line.
And SELL trader in Stochastic reverse.
https://book.mql4.com/samples/indicators
Thanks in advance for Your support.
Zalezny