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Help with Trailing Stop Code

  • #1
  • First Post: Dec 7, 2009 10:24pm Dec 7, 2009 10:24pm
I need some help with writing code for a modified trailing stop.

My EA uses a fractal trailing stop, but I want to add a filter to it. I only want to trail the fractals that fall below a 20 period SMA.

I've included an attachment to help present what I'm looking for.

I appreciate any help that can be provided.

Happy trading,
Art
Attached Image (click to enlarge)
Click to Enlarge Name: trailing stop.gif Size: 17 KB
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  • #2
  • Dec 8, 2009 12:18am Dec 8, 2009 12:18am
post some code with questions n il be glad to help
  • #3
  • Dec 8, 2009 12:38am Dec 8, 2009 12:38am
hey art.... had to make some assumptions, so this is just a best guess at your goal with the info you provided.....

fractals lag 3 bars, adjust the shift of the ma if need be.....h

Inserted Code
 
extern int    maperiods         =     20;
extern int    shift             =      1;
 
//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//----
 
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//----
 
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//----
 
  if(OrdersTotal() == 0)
  {
  if(macd() ==  1)
  {
  OrderSend(Symbol(),OP_BUY, Lots,Ask,3,Ask-Stoploss*Point,Ask+ProfitTarget*Point,"buy",MagicNumber,0,Blue);
  }
  if(macd() == -1)
  {
  OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+Stoploss*Point,Bid-ProfitTarget*Point,"sell",MagicNumber,0,Red);
  }
  } 
//----
      double upfractal = NormalizeDouble(iFractals(NULL, 0, MODE_UPPER, 3),Digits);
      double dnfractal = NormalizeDouble(iFractals(NULL, 0, MODE_LOWER, 3),Digits);
      double ma        = NormalizeDouble(iMA(NULL,0,maperiods,0,0,0,shift),Digits);
 
      for(int i=0;i<OrdersTotal();i++)
      {
      if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES)==false)        break;
      if(OrderMagicNumber() != MagicNumber || OrderSymbol() != Symbol()) continue;
      if(OrderType() == OP_BUY)
 
 
      if(dnfractal < ma && dnfractal > OrderOpenPrice())
      {
      if(OrderStopLoss() < dnfractal)
      {
      OrderModify(OrderTicket(),OrderOpenPrice(),dnfractal,OrderTakeProfit(),0,Red);
      return(0);
      }
      }
 
 
      if(OrderType()==OP_SELL)
      if(upfractal > ma && upfractal < OrderOpenPrice())  
      {                 
      if(OrderStopLoss() > upfractal)
      {
      OrderModify(OrderTicket(),OrderOpenPrice(),upfractal,OrderTakeProfit(),0,Red);
      return(0);
      }
      }
      }     
 
 
//----
   return(0);
  }
//+------------------------------------------------------------------+
Attached Image (click to enlarge)
Click to Enlarge Name: frac3.gif Size: 27 KB
to trade and code, keep both simple... no call to impress....h
  • #4
  • Dec 8, 2009 12:47am Dec 8, 2009 12:47am
looking back, i see my response was useless

sorry i didn't read more carefully

misunderstanding
  • #5
  • Last Post: Dec 8, 2009 10:09am Dec 8, 2009 10:09am
Hayseed,

That got me on the right track; thanks!

Art
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