Name: OpenTicks
Rating: 3.9473684210526314 (19 reviews)
Author: Vladimir Karputov

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Published by:

Vladimir Karputov

Views:

3944

Rating:

(19)

Published:

2017.01.19 16:57

Updated:

2018.06.27 13:39

\MQL5\Include\Trade\

PartialClosing.mqh (6.47 KB) view

OpenTicks.mq5 (18.93 KB) view

Download as ZIP, How to download code from MetaEditor

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Author of the idea — Maksim Zerkalov, author of the mq5 code — barabashkakvn.

When opening a new bar, the EA analyzes the value of the previous four bars:

   if(iHigh(1)>iHigh(2) && iHigh(2)>iHigh(3) &&
      iHigh(3)>iHigh(4) && iOpen(1)>iOpen(2) &&
      iOpen(2)>iOpen(3) && iOpen(3)>iOpen(4))
      BuyOp=true;
   if(iHigh(1)<iHigh(2) && iHigh(2)<iHigh(3) &&
      iHigh(3)<iHigh(4) && iOpen(1)<iOpen(2) &&
      iOpen(2)<iOpen(3) && iOpen(3)<iOpen(4))
      SellOp=true;

When we have an open position, then the "HalfLots" variable value is checked in the

void TrailingStairs(ulong m_ticket,ushort trldistance)

trailing block. In other words, the system checks if it is possible to partially close a profitable position. If "HalfLots==true", the position is closed partially:

m_trade_partial.PositionClose(m_position.Ticket(),-1,half_volume);

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16787

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OpenTicks - expert for MetaTrader 5