//+------------------------------------------------------------------+ //| rsi-automated.mq4 | //| Copyright 2016, Mohammad Soubra | //| https://www.onesoubra.com | //+------------------------------------------------------------------+ #property copyright "Copyright 2016, Mohammad Soubra" #property link "https://www.mql5.com/en/users/soubra2003" #property version "1.00" #property strict input int MagicNumber=1982; //Magic Number input double Lots=0.01; //Fixed Lots input double StopLoss=50; //Fixed Stop Loss (in Points) input double TakeProfit=150; //Fixed Take Profit (in Points) input int TrailingStop=25; //Trailing Stop (in Points) input int Slippage=3; //+------------------------------------------------------------------+ //| expert OnTick function | //+------------------------------------------------------------------+ void OnTick() { double MyPoint=Point; if(Digits==3 || Digits==5) MyPoint=Point*10; double TheStopLoss=0; double TheTakeProfit=0; if(TotalOrdersCount()==0) { int result=0; if((iRSI(NULL,0,14,PRICE_CLOSE,0)<25)) // Here is the open buy condition { result=OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,0,0,"EXAMPLE OF RSI AUTOMATED",MagicNumber,0,Blue); if(result>0) { TheStopLoss=0; TheTakeProfit=0; if(TakeProfit>0) TheTakeProfit=Ask+TakeProfit*MyPoint; if(StopLoss>0) TheStopLoss=Ask-StopLoss*MyPoint; int MyOrderSelect=OrderSelect(result,SELECT_BY_TICKET); int MyOrderModify=OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(TheStopLoss,Digits),NormalizeDouble(TheTakeProfit,Digits),0,Green); } } if((iRSI(NULL,0,14,PRICE_CLOSE,0)>75)) // Here is the open Sell condition { result=OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,0,0,"EXAMPLE OF RSI AUTOMATED",MagicNumber,0,Red); if(result>0) { TheStopLoss=0; TheTakeProfit=0; if(TakeProfit>0) TheTakeProfit=Bid-TakeProfit*MyPoint; if(StopLoss>0) TheStopLoss=Bid+StopLoss*MyPoint; int MyOrderSelect=OrderSelect(result,SELECT_BY_TICKET); int MyOrderModify=OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(TheStopLoss,Digits),NormalizeDouble(TheTakeProfit,Digits),0,Green); } } } for(int cnt=0;cnt50)) //here is the close buy condition { int MyOrderClose=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),Slippage,Red); } if(TrailingStop>0) { if(Bid-OrderOpenPrice()>MyPoint*TrailingStop) { if(OrderStopLoss()0) { if((OrderOpenPrice()-Ask)>(MyPoint*TrailingStop)) { if((OrderStopLoss()>(Ask+MyPoint*TrailingStop)) || (OrderStopLoss()==0)) { int MyOrderModify=OrderModify(OrderTicket(),OrderOpenPrice(),Ask+MyPoint*TrailingStop,OrderTakeProfit(),0,Red); } } } } } } } //+------------------------------------------------------------------+ //| expert TotalOrdersCount function | //+------------------------------------------------------------------+ int TotalOrdersCount() { int result=0; for(int i=0;i