//+------------------------------------------------------------------+
//|                                                  MACD Sample.mq4 |
//|                      Copyright � 2004, MetaQuotes Software Corp. |
//|                                       http://www.metaquotes.net/ |
//+------------------------------------------------------------------+

extern double TakeProfit = 50;
extern double Lots = 0.1;
extern double TrailingStop = 30;
extern double MACDOpenLevel=3;
extern double MACDCloseLevel=2;
extern double MATrendPeriod=26;
double Points;
//+------------------------------------------------------------------+
//|   Initialization                                                 |
//+------------------------------------------------------------------+
int init ()
  {
   Points = MarketInfo (Symbol(), MODE_POINT);
//----
   return(0);
  }
//+------------------------------------------------------------------+
//|   Deinitialization                                               |
//+------------------------------------------------------------------+
int deinit()
  {
   return(0);
  }
//+------------------------------------------------------------------+
//|   On every tick execution function                               |
//+------------------------------------------------------------------+
int start()
  {
   double MacdCurrent=0, MacdPrevious=0, SignalCurrent=0;
   double SignalPrevious=0, MaCurrent=0, MaPrevious=0;
   int cnt=0, total;
// initial data checks
// it is important to make sure that the expert works with a normal
// chart and the user made no mistakes setting external variables 
// in our case we check g_TakeProfit
// on a chart of less than 100 bars
   if(Bars<100)
     {
      Print("bars less than 100");
      return(0);  // check bars
     }
   if(TakeProfit<10)
     {
      Print("TakeProfit less than 10");
      return(0);  // chech TakeProfit
     }
// to simplify the coding and speed up access
// data are put into internal variables
   MacdCurrent=iMACD(NULL,0,12,26,9,PRICE_CLOSE,MODE_MAIN,0);
   MacdPrevious=iMACD(NULL,0,12,26,9,PRICE_CLOSE,MODE_MAIN,1);
   SignalCurrent=iMACD(NULL,0,12,26,9,PRICE_CLOSE,MODE_SIGNAL,0);
   SignalPrevious=iMACD(NULL,0,12,26,9,PRICE_CLOSE,MODE_SIGNAL,1);
   MaCurrent=iMA(NULL,0,MATrendPeriod,MODE_EMA,0,PRICE_CLOSE,0);
   MaPrevious=iMA(NULL,0,MATrendPeriod,MODE_EMA,0,PRICE_CLOSE,1);
// no opened orders identified
   if(OrdersTotal()<1) 
     {
      // value 1000 only for example, 
      // usually this amount is necessary for 1 lot 
      if(AccountFreeMargin()<(1000*Lots))
        {
         Print("We have no money");
         return(0);  // exit
        }
      // check for long position (BUY) possibility 
      if(MacdCurrent<0 && MacdCurrent>SignalCurrent && MacdPrevious<SignalPrevious &&
         MathAbs(MacdCurrent)>(MACDOpenLevel*Points) && MaCurrent>MaPrevious)
        {
         OrderSend(OP_BUY,Lots,Ask,3,0,Ask+TakeProfit*Points,0,0,Red); // execution
         if(GetLastError()==0)Print("Order opened : ",OrderOpenPrice());
         return(0); // exit
        }
      // check for short position (SELL) possibility
      if(MacdCurrent>0 && MacdCurrent<SignalCurrent && MacdPrevious>SignalPrevious &&
         MacdCurrent>(MACDOpenLevel*Points) && MaCurrent<MaPrevious)
        {
         OrderSend(OP_SELL,Lots,Bid,3,0,Bid-TakeProfit*Points,0,0,Red); // execution
         if(GetLastError()==0)Print("Order opened : ",OrderOpenPrice());
         return(0); // exit
        };
      return(0);
     };
   // it is important to enter the market correctly, 
   // but it is more important to exit it correctly...  
   total=OrdersTotal();
   for(cnt=0;cnt<total;cnt++)
     {
      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
      if(OrderType()<=OP_SELL && // check for opened position OP_BUY or OP_SELL 
         OrderSymbol()==Symbol())    // check symbol
        {
         if(OrderType()==OP_BUY)     // long position is opened
           {
            // should it be closed?
            if(MacdCurrent>0 && MacdCurrent<SignalCurrent && MacdPrevious>SignalPrevious &&
               MacdCurrent>(MACDCloseLevel*Points))
                {
                 OrderClose(OrderTicket(),OrderLots(),Bid,3,Violet); // close position
                 return(0); // exit
                };
            // check for trailing stop
            if(TrailingStop>0)  
              {                 
               if(Bid-OrderOpenPrice()>Points*TrailingStop)
                 {
                  if(OrderStopLoss()<Bid-Points*TrailingStop)
                    {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Bid-Points*TrailingStop,OrderTakeProfit(),0,Red);
                     return(0);
                    }
                 }
              }
           }
         else // go to short position
           {
            // should it be closed?
            if(MacdCurrent<0 && MacdCurrent>SignalCurrent &&
               MacdPrevious<SignalPrevious && MathAbs(MacdCurrent)>(MACDCloseLevel*Points))
              {
               OrderClose(OrderTicket(),OrderLots(),Ask,3,Violet); // close position
               return(0); // exit
              }
            // check for trailing stop
            if(TrailingStop>0)  
              {                 
               if((OrderOpenPrice()-Ask)>(Points*TrailingStop))
                 {
                  if(OrderStopLoss()==0.0 || 
                     OrderStopLoss()>(Ask+Points*TrailingStop))
                    {
                     OrderModify(OrderTicket(),OrderOpenPrice(),Ask+Points*TrailingStop,OrderTakeProfit(),0,Red);
                     return(0);
                    }
                 }
              }
           }
        }
     }
   return(0);
  }
// the end.