Rankor Breakout

Breakout
Hi there.

I have a profitable trading-system, it's good but manually done every day.

I take high and low of 09.00 and 10.00 o'clock one hour candlestick and put in buystop and sellstop, at 22.55 every day i close postition.

This is profitable per month basis. The mq4 code can be found in hans123 breakout ea, but i am not good in metatrader-programming.

Now i want to have help with an ea automating this trading-system.
Can anyone help me and do this simple coding, thanks.
The logic would be put in orders, and close them at 22.55 every day.

The person which first code this ea and put it here in forum can run strategy tester and se how profitable it is.

I think this simple ea will remain free for ever.

Thanks.
http://www.forex-tsd.com/images/smil...ular_smile.gif

I name the system to Rankor Breakout.

Profit for 2008-06-27:

Buystop kl.09 at 1.9765, close order kl.23 at 1.9870 = 105 pip
Buystop kl.10 at 1.9780, close order kl.23 at 1.9870 = 90 pip

Total 195 pip for one day.
Remember this was a good trending day, no zig-zag day.

Who became first to program this simple trading-system and put the mq4 here?

http://www.forex-tsd.com/images/smilies/party.gif

Well, i have found this hans123 breakout indicator and tried to change it as i wanted. The first candle is functioning ok at 08.00, but not the second, see chart.

The purpose is to have a vertical green line for 08-candle and a yellow line for 09-candle and showing them until 24.00.
This is good visual when i put in my orders, see chart.

Profit for yesterday:

08-candle: Sell 1.9887, close 1.9828 = 59 pip
09-candle: Sell 1.9882, close 1.9828 = 54 pip = Total 113 pip/dollar 0.1 lots

Anyone can coding this tradng-system can run strategy tester to see how much money it would have make for last year..

Maybe anyone can modify the indicator attached so the yellow line begins at 09-candle, thanks.


http://www.forex-tsd.com/images/smilies/teeth_smile.gif

Screenshot:

Here is some code i found and tried to modify to just put in the orders, but it doesn't work....


//+-------------------------------------------------------------------+
//| oilfxproduo_quad b/o_free_version.mq4 |
//| Copyright 2007, oilfxpro |
//| http://www.oilfxpro.com |
//| Version: 1.01|
//| Version Date: oct 1 2007 |
//| Last change by: Mescalitofx |
//+-------------------------------------------------------------------+
#property copyright "Copyright 2007, oilfxpro"
//-- Record of changes:
// * 1-oct-2007 [email protected]
// Visual aspect added to see how many pips the Channel Is in Pips.
// Added external parameter to specify when it has to close the orders on friday.
// Added comment when it will cose orders.

//

extern int Breakout=5; // Pip distance between high/low and buy/sell order
extern int Stop=0;
extern int Stop2BE=0; // Pips in profit to move stop to breakeven
extern int ProfitTarget=0;
extern int TrailStop=0; // Pips to trail; if > 0 trails price when Profit Target is reached
extern int ChannelFilter=0; // If > 0, breakout channel (time frame high-low) exceeds channel filter, no orders will be placed for the referenced timeframe
extern int UseMM=0; // > 0 turns Money Management on
// 1 uses fixed dollar risk as percentage of balance per trade
// 2 uses fixed pipvalue as percentage of balance per trade
extern double MMRisk=2; // Money Management risk per trade in percent
extern double LotSize=0.1; // Lotsize with UseMM = 0
extern double LotFactor=1; // LotSize multiplication factor after loss trade. Only with UseMM 1 & 2
extern bool UseCloseOrdersTime=True; // True closes all positions and deletes all orders at CloseOrdersTime
extern int CloseOrdersTime=0; // CET Time to close positions and delete all orders. On friday, orders are closed at 22:45 CET if not closed before that time
extern string CloseFridayInfo ="Close friday position 15 min before weekend close, according BrokerServerTime";
extern int CloseOrderOnFridayHour =19;//// Close friday position 15 min before weekend close
extern int CloseOrderOnFridayMinute =45;//According Your BorkerServerTime
extern bool Export2CSV=False; // True saves daily pips and profit to CSV File
extern string FileName="oilfxproduoquad"; // Filename for export file
extern int ServerTimeZone=0; // Server's time zone, 0 = London Time, 1 = London Time + 1, etc.
// Use 2 for FXDD, 1WorldFX
// 0 for IBFX
// 1 for MIGFX
extern int MagicNumber=999;
extern int TF1Start=9; // Start timeframe 1 in hours CET
extern int TF1Stop=10; // End timeframe 1 in hours CET
extern bool UseTF2=True; // True enables 2nd timeframe
extern int TF2Start=9; // Start timeframe 2 in hours CET
extern int TF2Stop=11; // End timeframe 2 in hours CET
extern string indy = "==== Stochastic Settings ====";
extern bool StochasticEntries = false;
extern int StochCheckBar = 0;
extern int Method = 0; // 0: Simple moving average
// 1: Exponential moving average
// 2: Smoothed moving average
// 3: Linear weighted moving average
extern int PriceField = 0; // 0: Low/High
// 1: Close/Close
extern int Fast_KPeriod = 0;
extern int Fast_DPeriod = 0;
extern int Fast_Slowing = 0;
extern int Slow_KPeriod = 0;
extern int Slow_DPeriod = 0;
extern int Slow_Slowing = 0;
extern string rsii="==== RSI ====";
extern bool Filter_RSI = false;
extern int RSICheckBar = 0;
extern double RSIHighestLevel = 0; // Short orders are disabled if it rises above X
extern double RSILowestLevel = 0; // Long orders are disabled if it drops below X
extern int RSIperiod = 0;
extern int RSIprice = 0;

//internal variables
string EA_Comment="";
string demo="";
int CETHour=0;
double LowTF1=0;
double LowTF2=0;
double HighTF1=0;
double HighTF2=0;
double SellPrice=0;
double BuyPrice=0;
double SellStop=0;
double BuyStop=0;
int SellTicketTF1=0;
int SellTicketTF2=0;
int BuyTicketTF1=0;
int BuyTicketTF2=0;
int Handle=0;
int p=0;
int ExpireOrders=4;
double Spread=0;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
Print(" Copyright 2007, oilfxpro");

return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
CETHour = TimeHour(CurTime()) - ServerTimeZone + 1; // Calculate CET
if (CETHour < 0)
{
CETHour = CETHour + 24;
}
if (CETHour > 23)
{
CETHour = CETHour - 24;
}

LowTF1 = GetBreakout(0,TF1Start,TF1Stop);
HighTF1 = GetBreakout(1,TF1Start,TF1Stop);
LowTF2 = GetBreakout(0,TF2Start,TF2Stop);
HighTF2 = GetBreakout(1,TF2Start,TF2Stop);
Spread=Ask-Bid;

Comment("Server Time: ",TimeToStr(CurTime( )),"; CET hour: ",CETHour,
"\n"," ",TF1Start,":00-",TF1Stop,":00 CET: Low: ",LowTF1,", High: ",HighTF1," Channelsize: ",DoubleToStr(((HighTF1-LowTF1)/Point),0)," pips",
"\n"," ",TF2Start,":00-",TF2Stop,":00 CET: Low: ",LowTF2,", High: ",HighTF2," Channelsize: ",DoubleToStr(((HighTF2-LowTF2)/Point),0)," pips");

GetTicketNr();
if (CETHour >= TF1Stop && CETHour - TF1Stop < ExpireOrders) // Place orders for timeframe 1 within 4 hours after TF1Stop
{
if ((ChannelFilter == 0)||(ChannelFilter > 0 && (HighTF1 - LowTF1) <= ChannelFilter * Point))
{
EA_Comment = "GaoXing DB TF1";
p=0;
SellPrice = LowTF1 - Breakout * Point;
BuyPrice = HighTF1 + Breakout * Point + Spread;
SellStop = SellPrice + Stop * Point; // Place stops at breakout channel
if (SellStop > BuyPrice)
{
SellStop = BuyPrice;
}
BuyStop = BuyPrice - Stop * Point;
if (BuyStop < SellPrice)
{
BuyStop = SellPrice;
}
if (SellTicketTF1 == 0)
{
if (Bid - SellPrice > 10 * Point) // Place sell order when current price is 10 pips above breakout
{
SellTicketTF1 = PlaceOrder(OP_SELLSTOP,SellPrice,SellStop);
}
if (SellPrice >= Bid) // Open short when channel is broken
{
SellTicketTF1 = PlaceOrder(OP_SELL,Bid,SellStop);
}
}
if (BuyTicketTF1 == 0)
{
if (BuyPrice - Ask > 10 * Point) // Place buy order when current price is 10 pips above breakout
{
BuyTicketTF1 = PlaceOrder(OP_BUYSTOP,BuyPrice,BuyStop);
}
if (BuyPrice <= Ask) // Open long when channel is broken
{
BuyTicketTF1 = PlaceOrder(OP_BUY,Ask,BuyStop);
}
}
}
}

if (CETHour >= TF2Stop && CETHour - TF2Stop < ExpireOrders && UseTF2==True) // Place orders for timeframe 2 within 4 hours after TF2Stop
{
if ((ChannelFilter == 0)||(ChannelFilter > 0 && (HighTF2 - LowTF2) <= ChannelFilter * Point))
{
EA_Comment = "GaoXing DB TF2";
SellPrice = LowTF2 - Breakout * Point;
BuyPrice = HighTF2 + Breakout * Point + Spread;
SellStop = SellPrice + Stop * Point; // Place stops at breakout channel
if (SellStop > BuyPrice)
{
SellStop = BuyPrice;
}
BuyStop = BuyPrice - Stop * Point;
if (BuyStop < SellPrice)
{
BuyStop = SellPrice;
}
if (SellTicketTF2 == 0)
{
if (Bid - SellPrice > 10 * Point) // Place sell order when current price is 20 pips above breakout
{
SellTicketTF2 = PlaceOrder(OP_SELLSTOP,SellPrice,SellStop);
}
if (SellPrice >= Bid) // Open short when channel is broken
{
SellTicketTF2 = PlaceOrder(OP_SELL,Bid,SellStop);
}
}
if (BuyTicketTF2 == 0)
{
if (BuyPrice - Ask > 10 * Point) // Place buy order when current price is 20 pips above breakout
{
BuyTicketTF2 = PlaceOrder(OP_BUYSTOP,BuyPrice, BuyStop);
}
if (BuyPrice <= Ask) // Open long when channel is broken
{
BuyTicketTF2 = PlaceOrder(OP_BUY,Ask, BuyStop);
}
}
}
}

if (CETHour == CloseOrdersTime) // Close postions
{
if(Minute()==0&&Seconds()==0)Print("CLOSING ORDERS NOW, CloseOrdersTime: "+CloseOrdersTime+" Reached");
CloseAllOrders();
}

if ( TimeDayOfWeek(CurTime()) == 5 && TimeHour(CurTime()) == CloseOrderOnFridayHour && TimeMinute(CurTime()) >= CloseOrderOnFridayHour) // Close friday position 15 min before weekend close
{
if(Minute()==0&&Seconds()==0){Print("CLOSING FRIDAY ORDERS NOW, 15 minutes before Market CLOSES");Print("Have a Nice Weekend");}
CloseAllOrders();
}
return(0);
}

double GetBreakout (int HighLow, int CET1, int CET2) // Gets High or low price for referenced period in CET, HighLow = 0 is for low, HighLow = 1 is for high
{
double CurrBO=0;
double BO=0;

if(CETHour >= CET2)
{
for (int i = 1; i < (CET2-CET1 + 1); i++)
{
if (HighLow == 1)
{
CurrBO = iHigh(Symbol(),PERIOD_H1,CETHour-CET2 + i);
if (CurrBO > BO )
{
BO = CurrBO;
}
}
if (HighLow == 0)
{
CurrBO = iLow(Symbol(),PERIOD_H1,CETHour - CET2 + i);
if (BO == 0)
{
BO = CurrBO;
}
if (CurrBO < BO)
{
BO = CurrBO;
}
}
}
}
return(BO);
}
double GetLotSize(int SL) // Calculates lotsize using Money Management
{
double Lot=0;
double MinLotSize=0;
double MaxLotSize=0;
double LotStep=0;
MinLotSize = MarketInfo(Symbol(),MODE_MINLOT);
MaxLotSize = MarketInfo(Symbol(),MODE_MAXLOT);
LotStep = MarketInfo(Symbol(),MODE_LOTSTEP);
if (UseMM == 0)
{
Lot = LotSize;
}
if (UseMM == 1)
{
Lot = NormalizeDouble(AccountBalance() * MMRisk * 0.01 / (SL * MarketInfo(Symbol(),MODE_TICKVALUE)),2);
}
if (UseMM == 2)
{
Lot = NormalizeDouble(AccountBalance() * MMRisk * 0.01 / AccountLeverage(),2);
}
Lot = NormalizeDouble(Lot/LotStep,0) * LotStep;
if(Lot < MinLotSize)
{
Lot = MinLotSize;
}
if(Lot > MaxLotSize)
{
Lot = MaxLotSize;
}
return(Lot);
}
int PlaceOrder(int Order, double Price, double StopLoss) // Places order, opens positions and returns ticket nr
{
int Ticket = 0;
double TakeProfit=1000;
LotSize = GetLotSize(MathAbs(Price - StopLoss)/Point - Spread/Point);

if (Order == OP_SELLSTOP)
{
if (IsTradeAllowed() == True)
{
Ticket=OrderSend(Symbol(),OP_SELLSTOP,LotSize,Price,0,TakeProfit,EA_Comment,MagicNumber,0,CLR_NONE);
if (Ticket <= 0)
{
Print("Error opening Sellstop: ", GetLastError());
}
}
}
if (Order == OP_BUYSTOP)
{
if (IsTradeAllowed() == True)
{
Ticket=OrderSend(Symbol(),OP_BUYSTOP,LotSize,Price,0,TakeProfit,EA_Comment,MagicNumber,0,CLR_NONE);
if (Ticket < 0)
{
Print("Error opening Buystop: ", GetLastError());
}
}
}

if (Order == OP_SELL)
{
if (IsTradeAllowed() == True)
{
Ticket=OrderSend(Symbol(),OP_SELL,LotSize,Price,0,TakeProfit,EA_Comment,MagicNumber,0,CLR_NONE);
if (Ticket <= 0)
{
Print("Error opening Sell Order: ", GetLastError());
}
}
}
if (Order == OP_BUY)
{
if (IsTradeAllowed() == True)
{
Ticket=OrderSend(Symbol(),OP_BUY,LotSize,Price,0,TakeProfit,EA_Comment,MagicNumber,0,CLR_NONE);
if (Ticket < 0)
{
Print("Error opening Buy Order: ", GetLastError());
}
}
}
return(Ticket);
}
void GetTicketNr()
{
SellTicketTF1=0;
SellTicketTF2=0;
BuyTicketTF1=0;
BuyTicketTF2=0;
for (int i=OrdersTotal()-1 ; i>=0 ; i--) //Scan trades
{
OrderSelect(i, SELECT_BY_POS,MODE_TRADES);
if (OrderSymbol() == Symbol()&& OrderMagicNumber() == MagicNumber)
{
if (OrderType() == OP_BUY || OrderType() == OP_BUYSTOP)
{
if (OrderComment()=="GaoXing DB TF1")
{
BuyTicketTF1 = OrderTicket();
}
if (OrderComment()=="GaoXing DB TF2")
{
BuyTicketTF2 = OrderTicket();
}
}
if (OrderType() == OP_SELL || OrderType() == OP_SELLSTOP)
{
if (OrderComment()=="GaoXing DB TF1")
{
SellTicketTF1 = OrderTicket();
}
if (OrderComment()=="GaoXing DB TF2")
{
SellTicketTF2 = OrderTicket();
}
}
}
}
for (i=HistoryTotal()-1 ; i>=0 ; i--) //Scan history
{
OrderSelect(i, SELECT_BY_POS,MODE_HISTORY);
if(TimeDayOfYear(CurTime()) == TimeDayOfYear(OrderOpenTime()) && TimeYear(CurTime())== TimeYear(OrderOpenTime()))
{
if (OrderSymbol() == Symbol()&& OrderMagicNumber() == MagicNumber)
{
if (OrderType() == OP_BUY || OrderType() == OP_BUYSTOP)
{
if (OrderComment()=="GaoXing DB TF1" || OrderComment()=="GaoXing DB TF1[sl]" || OrderComment()=="GaoXing DB TF1[tp]")
{
if(TimeHour(OrderOpenTime()) - ServerTimeZone + 1 >= TF1Stop)
{
BuyTicketTF1 = OrderTicket();
}
}
if (OrderComment()=="GaoXing DB TF2" || OrderComment()=="GaoXing DB TF2[sl]" || OrderComment()=="GaoXing DB TF2[tp]")
{
if(TimeHour(OrderOpenTime()) - ServerTimeZone + 1 >= TF2Stop)
{
BuyTicketTF2 = OrderTicket();
}
}
}
if (OrderType() == OP_SELL || OrderType() == OP_SELLSTOP)
{
if (OrderComment()=="GaoXing DB TF1" || OrderComment()=="GaoXing DB TF1[sl]" || OrderComment()=="GaoXing DB TF1[tp]")
{
if(TimeHour(OrderOpenTime()) - ServerTimeZone + 1 >= TF1Stop)
{
SellTicketTF1 = OrderTicket();
}
}
if (OrderComment()=="GaoXing DB TF2" || OrderComment()=="GaoXing DB TF2[sl]" || OrderComment()=="GaoXing DB TF2[tp]")
{
if(TimeHour(OrderOpenTime()) - ServerTimeZone + 1 >= TF2Stop)
{
SellTicketTF2 = OrderTicket();
}
}
}
}
}
}
}

void CloseAllOrders() // Closes all open and pending orders
{
int Orders = OrdersTotal();
for (int i=Orders-1 ; i>=0 ; i--)
{
OrderSelect(i, SELECT_BY_POS);
if (OrderSymbol() == Symbol()&& OrderMagicNumber() == MagicNumber)
{
if (OrderType() == OP_BUY && UseCloseOrdersTime == True)
{
OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(), MODE_BID), 3, CLR_NONE);
}
if (OrderType() == OP_SELL && UseCloseOrdersTime == True)
{
OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(), MODE_ASK), 3, CLR_NONE);
}
if (OrderType() == OP_BUYSTOP)
{
OrderDelete(OrderTicket());
}
if (OrderType() == OP_SELLSTOP)
{
OrderDelete(OrderTicket());
}
}
}
}

I now managed to get 10 o'clock lines ok by duplicate the sdx-ea and
changing the color to black on 10 o'clock candle.

Here is a screenshot of june 26 where we had good profit:

Anyone good at mql-programming maybe can help me and get the mql code posted here to work as i want, thanks.

Hmm, someone moved my post to trading-system...

Is TP only at 22.55?

What happens if the price touches both orders?

Hedging happens, you can have maximum 2 buy-orders and 2 sell-orders
active every day, at 22.55 we close our positions, earlier on fridays.

The reason i put this system for free here is that i'm tired of putting in orders manually every day, AND i want to know how profitable the system is for several years back, exciting to know....

The code published here put in the orders every day, but has some annoying stoploss-code which i can't get rid of...

Hi. How long have you been trading this system? How many pairs do you trade a day? How many pips have you been averaging per week? Thanks for sharing

Some days are good with this trading-system, some days not, BUT the interesting thing is that it produces profit per month basis which is the interesting thing, not every trading system do that..

I have been trading Rankor System for some months.
I only trade gbpusd since it has big influence on the other pairs.
Per month it has positive result, NOW i want to know in strategy tester how
profitable it is for the last years in different market-conditions.

Thanks Jorgeng, looks like a great system! I am going to test this with Vhands. BTW which timezone are your refering to here when you say 9.00 or 22.55? GMT?

just use the daily 95pips ea for your broker and adjust the parameters to the correct time....that ea uses 3 positions though idk if thats a problem or not

Here you speak of the 0900 and 1000 candle. Later on it's the 0800 and 0900 candle.

Which is it?

Which time zone are you referring to?

Yeh, the time-zone is tricky.
When i look in forex factory webplace right now it says 3:21 am
The candle in metatrader is now on 9am

I did, but it's a lot coding in that ea with stoplosses, i don't use stoploss, just hedging.

As you can see in chart there is two blue lines for 9 candle and two yellow lines for 10 candle (high/low).

He's using the candles at 0700 GMT and 0800 GMT.

Waste 1 hour to make this EA
The result was predictible so...
If i've got everyting right with this system, try my ea...
Comment if something is wrong.