How to use an easy way to close JPY pairs on M1 time frame - MQL4 and MetaTrader 4

Daniel Petrovai 2014.02.25 11:01 #11

chuale:

Hi All,

Now I insert ticket and Lots in the OrderClose without using OrderTicket() and OrderLots() but it not closing the order too. Please help.

There are a couple of things you did wrong. I assume you want this EA to work on JPY pairs on M1 time frame. Do you want to place orders on new bar only and close orders on new bar only or do you want entry on new bar and exit if conditions are met? Here is what I think :

First you count orders with OrdersTotal().

Then calculate your variables

If there are orders in the market check if they have to be closed

If no orders in the market, check if entry conditions are met.

Let me know if you have any questions.

//+------------------------------------------------------------------+
//|                                                 chuale_test1.mq4 |
//|                        Copyright 2014, MetaQuotes Software Corp. |
//|                                              https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2014, MetaQuotes Software Corp."
#property link      "http://www.abc.com"
#property version   "1.00"
#property strict

extern double   TakeProfit=500;
extern double   Lots=0.1;
extern double   StopLoss=300;

double     bar1;
double     bar2;
double     bar3;
int        total,ticket;
datetime   previousTime;
//+------------------------------------------------------------------+
//| Expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {

//---

//---
   return(0);
  }
//+------------------------------------------------------------------+
//| Expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//---

   return(0);
  }
//+------------------------------------------------------------------+
//| Expert tick function                                             |
//+------------------------------------------------------------------+
int start()
  {
   total=OrdersTotal();
/*
  counted_bars=IndicatorCounted();
   if(counted_bars>0) counted_bars--;
  IndicatorCounted() is actually for indicators not EA
  
   */

   bar1=(iClose(Symbol(),PERIOD_M1,2)-iClose(Symbol(),PERIOD_M1,3))*100;
   bar2=(iClose(Symbol(),PERIOD_M1,1)-iClose(Symbol(),PERIOD_M1,2))*100;
   bar3=(iClose(Symbol(),PERIOD_M1,0)-iClose(Symbol(),PERIOD_M1,1))*100;
   /*
   Comment("Bar1 = "+DoubleToString(bar1,Digits)+"\n"+
           "Bar2 = "+DoubleToString(bar2,Digits)+"\n"+
           "Bar3 = "+DoubleToString(bar3,Digits)+"\n"
           );
   */
//Close any orders if conditions are met
   if(total>0)
     {
      if(bar3<-1) OrderClose(ticket,OrderLots(),Bid,3,Green);
      if(bar3>1) OrderClose(ticket,OrderLots(),Ask,3,Red);
     }
   if(Time[0]==previousTime) return(0);         //EA will not go past this point unless it is a new bar
   previousTime=Time[0];                        // If it was a new bar , it's old now but continue to the end
// if no order open and new bar
   if(total<1)
     {
      if(bar2>1)// if condition met
        {
         //place buy order
         ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,Ask+TakeProfit*Point,"Chua EA",12345,0,Green);
         if(ticket<0)Print("Error OP_BUY order failed. error : "+GetLastError()); // if returned ticket is -1 OrderSent failed
         return(0);
        }
      // or if conditions for sell met
      if(bar2<-1)
        {
         ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,Bid+-TakeProfit*Point,"Chua EA",12345,0,Red);
         if(ticket<0)Print("Error OP_SELL order failed. error : "+GetLastError());
         return(0); //return to start
        }
     }
   return(0);
  }
//+------------------------------------------------------------------+

Files:

chuale_test1.mq4 4 kb

Placing Pending Orders - Opening and Closing Positions Trading Principles - Trade

Lee Jia 2014.02.25 12:32 #12

GumRai:

ticket is a local variable, so next tick, it will not have the same value

Put outside of the functions to make it Globalscope

Tjipke de Vries 2014.02.25 12:33 #13

   total=OrdersTotal();

?????? ..... useless

check correctly what trades you have

look for right symbol and right magicnumber

with an orderloop you can then select the right trade to close with

OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),3,Green);

.

with your method

you lose ticket value moment you restart your pc so

   if(total>0)
     {
      if(bar3<-1) OrderClose(ticket,OrderLots(),Bid,3,Green);
      if(bar3>1) OrderClose(ticket,OrderLots(),Ask,3,Red);
     }

fails .....

Keith Watford 2014.02.25 12:55 #14

chuale:

Why did you quote my post and then not add a comment?

Lee Jia 2014.02.25 13:06 #15

yes, it can close now. thank you GumRai. now i know ticket number keep on changing according to the ticks, so how to obtain the ticket number of the open order? I have to.use OrderTicket() right?

Keith Watford 2014.02.25 13:24 #16

chuale:
yes, it can close now. thank you GumRai. now i know ticket number keep on changing according to the ticks, so how to obtain the ticket number of the open order? I have to.use OrderTicket() right?

If you use OrderTicket() then just make sure you use OrderSelect() first and also make sure that it is the trade that you want to close.

Daniel Petrovai 2014.02.25 21:04 #17

chuale:
yes, it can close now. thank you GumRai. now i know ticket number keep on changing according to the ticks, so how to obtain the ticket number of the open order? I have to.use OrderTicket() right?

Hi Chuale,

Here is an easy way to select your orders and close orders by symbol and by Magic number :

//+------------------------------------------------------------------+
//|                                                 chuale_test1.mq4 |
//|                        Copyright 2014, MetaQuotes Software Corp. |
//|                                              https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2014, MetaQuotes Software Corp."
#property link      "http://www.abc.com"
#property version   "1.00"
#property strict

extern double   TakeProfit=500;
extern double   Lots=0.1;
extern double   StopLoss=300;
extern int      MagicNumber = 12345;
extern int      Slip  = 3;
double     bar1;
double     bar2;
double     bar3;
int        myTrades,ticket;
datetime   previousTime;
//+------------------------------------------------------------------+
//| Expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {

//---

//---
   return(0);
  }
//+------------------------------------------------------------------+
//| Expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//---

   return(0);
  }
//+------------------------------------------------------------------+
//| Expert tick function                                             |
//+------------------------------------------------------------------+
int start()
  {
   myTrades = CountTrades();//Count trades function counts this EA trades only
//
   bar1=(iClose(Symbol(),PERIOD_M1,2)-iClose(Symbol(),PERIOD_M1,3))*100;
   bar2=(iClose(Symbol(),PERIOD_M1,1)-iClose(Symbol(),PERIOD_M1,2))*100;
   bar3=(iClose(Symbol(),PERIOD_M1,0)-iClose(Symbol(),PERIOD_M1,1))*100;

//Close any orders if conditions are met
   if(myTrades>0)
     {
      if(bar3<-1) CloseThisSymbolAll();
      if(bar3>1) CloseThisSymbolAll();
     }
   if(Time[0]==previousTime) return(0);         //EA will not go past this point unless it is a new bar
   previousTime=Time[0];                        // If it was a new bar , it's old now but continue to the end
// if no order open and new bar
   if(myTrades<1)
     {
      if(bar2>1)// if condition met
        {
         //place buy order
         ticket=OrderSend(Symbol(),OP_BUY,Lots,Ask,3,Ask-StopLoss*Point,Ask+TakeProfit*Point,"Chua EA",MagicNumber,0,Green);
         if(ticket<0)Print("Error OP_BUY order failed. error : "+GetLastError()); // if returned ticket is -1 OrderSent failed
         return(0);
        }
      // or if conditions for sell met
      if(bar2<-1)
        {
         ticket=OrderSend(Symbol(),OP_SELL,Lots,Bid,3,Bid+StopLoss*Point,Bid+-TakeProfit*Point,"Chua EA",MagicNumber,0,Red);
         if(ticket<0)Print("Error OP_SELL order failed. error : "+GetLastError());
         return(0); //return to start
        }
     }
   return(0);
  }
//========================================================================
int CountTrades()
{
int count=0;
int trade;
for(trade=OrdersTotal()-1;trade>=0;trade--)
   {
   OrderSelect(trade,SELECT_BY_POS,MODE_TRADES);
   if(OrderSymbol()!=Symbol() || OrderMagicNumber() != MagicNumber)
   continue;
   if(OrderSymbol()==Symbol() && OrderMagicNumber() == MagicNumber)
   if(OrderType()==OP_SELL || OrderType()==OP_BUY)
   count++;
   }
return(count);
}
//========================================================================
void CloseThisSymbolAll()
  {
   int trade;
   for(trade=OrdersTotal();trade>=0;trade--)
     {
      OrderSelect(trade,SELECT_BY_POS,MODE_TRADES);
      if(OrderSymbol()!=Symbol()) continue;
      if(OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber)
        {
         if(OrderType()==OP_BUY)OrderClose(OrderTicket(),OrderLots(),Bid,Slip,Blue);
         if(OrderType()==OP_SELL)OrderClose(OrderTicket(),OrderLots(),Ask,Slip,Red);
        }
      //Sleep(1000);
     }
  }
//========================================================================

Daniel Petrovai 2014.02.25 23:17 #18

chuale:
yes, it can close now. thank you GumRai. now i know ticket number keep on changing according to the ticks, so how to obtain the ticket number of the open order? I have to.use OrderTicket() right?

Hello again Chuale,

I was playing around with your idea on USDJPY and I couldn't get positive results without some changes.Here is a sample of my results on USDJPY on M1 chart :

Did you intend to use it on a different pair?

Exit on bar3 < -1 or bar3 > 1 didn't return positive results.

Parabolic SAR - Trend Parabolic SAR - Trend Parabolic SAR - Trend

Daniel Petrovai 2014.02.25 23:53 #19

deVries:

?????? ..... useless

check correctly what trades you have

look for right symbol and right magicnumber

with an orderloop you can then select the right trade to close with

.

with your method

you lose ticket value moment you restart your pc so

fails .....

If you mean that it isn't the best way to close an order I agree but if the guy doesn't want to use OrderSelect (or doesn't know how) and doesn't leave any open orders in the market it works.

We try to help each other here and your answer did not helped a bit, you didn't show him how to use Order Select function and his EA isn't working any better now due to your comment.

Next time you want to help, do it the right way, put the right code in there so others may actually learn something .

MQL5 Wizard: Development of Depth of Market - Instant Execution - Opening

Lee Jia 2014.02.26 01:36 #20

thrdel:

There are a couple of things you did wrong. I assume you want this EA to work on JPY pairs on M1 time frame. Do you want to place orders on new bar only and close orders on new bar only or do you want entry on new bar and exit if conditions are met? Here is what I think :

First you count orders with OrdersTotal().

Then calculate your variables

If there are orders in the market check if they have to be closed

If no orders in the market, check if entry conditions are met.

Let me know if you have any questions.

OrderClose not working - page 2