Enabling my RSI EA to open multiple positions
313268:
Hi Guys,
I am using RSI ea.mq4. I am asking if there is a possibility to enable it to open more than one position (My Trading Platform is MT4)
I want my RSI ea conditions to be the same, only to allow that, the lot size shouldn't be changed until the maximum number of positions allowed by my broker is reached.
For instance, use minimum lot of 0.01 (depending on the risk) until the number of positions reaches 200, and then start automatic lot size.
Kindly assist
Hi 313268, if you have the source *.mq4 then I guess the answer is YES, you can enable opening more than one position. It's just a matter of pointing out to you in the source code where you can play with the conditions you need and get all the positions you wish (and the broker allows). I didn't find you attached your source file, but happy to share any thought or idea.
Rene Fernando Tovar Macchi:
Hi 313268, if you have the source *.mq4 then I guess the answer is YES, you can enable opening more than one position. It's just a matter of pointing out to you in the source code where you can play with the conditions you need and get all the positions you wish (and the broker allows). I didn't find you attached your source file, but happy to share any thought or idea.
//+------------------------------------------------------------------+ //| RSI EA.mq4 | //| Copyright 2015, MetaQuotes Software Corp. | //| http://free-bonus-deposit.blogspot.com | //+------------------------------------------------------------------+ #property copyright "Copyright 2015, dXerof" #property link "http://free-bonus-deposit.blogspot.com" #property version "1.00" #property strict input bool OpenBUY=True; input bool OpenSELL=True; input bool CloseBySignal=True; input double StopLoss=0; input double TakeProfit=0; input double TrailingStop=0; input int RSIperiod=14; input double BuyLevel=30; input double SellLevel=70; input bool AutoLot=True; input double Risk=10; input double ManualLots=0.1; input int MagicNumber=123; input string Koment="RSIea"; input int Slippage=10; //--- int OrderBuy,OrderSell; int ticket; int LotDigits; double Trail,iTrailingStop; //+------------------------------------------------------------------+ //| Expert initialization function | //+------------------------------------------------------------------+ int init() { return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int deinit() { return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int start() { double stoplevel=MarketInfo(Symbol(),MODE_STOPLEVEL); OrderBuy=0; OrderSell=0; for(int cnt=0; cnt<OrdersTotal(); cnt++) { if(OrderSelect(cnt,SELECT_BY_POS,MODE_TRADES)) if(OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber && OrderComment()==Koment) { if(OrderType()==OP_BUY) OrderBuy++; if(OrderType()==OP_SELL) OrderSell++; if(TrailingStop>0) { iTrailingStop=TrailingStop; if(TrailingStop<stoplevel) iTrailingStop=stoplevel; Trail=iTrailingStop*Point; double tsbuy=NormalizeDouble(Bid-Trail,Digits); double tssell=NormalizeDouble(Ask+Trail,Digits); if(OrderType()==OP_BUY && Bid-OrderOpenPrice()>Trail && Bid-OrderStopLoss()>Trail) { ticket=OrderModify(OrderTicket(),OrderOpenPrice(),tsbuy,OrderTakeProfit(),0,Blue); } if(OrderType()==OP_SELL && OrderOpenPrice()-Ask>Trail && (OrderStopLoss()-Ask>Trail || OrderStopLoss()==0)) { ticket=OrderModify(OrderTicket(),OrderOpenPrice(),tssell,OrderTakeProfit(),0,Blue); } } } } double rsi=iRSI(Symbol(),0,RSIperiod,PRICE_CLOSE,0); double rsi1=iRSI(Symbol(),0,RSIperiod,PRICE_CLOSE,1); // double HTb=iCustom(Symbol(),0,"HalfTrend-1.02",0,0); //buy // double HTs=iCustom(Symbol(),0,"HalfTrend-1.02",1,0); //buy //--- open position if(OpenSELL && OrderSell<1 && rsi<SellLevel && rsi1>SellLevel) OPSELL(); if(OpenBUY && OrderBuy<1 && rsi>BuyLevel && rsi1<BuyLevel) OPBUY(); //--- close position by signal if(CloseBySignal) { if(OrderBuy>0 && rsi<SellLevel && rsi1>SellLevel) CloseBuy(); if(OrderSell>0 && rsi>BuyLevel && rsi1<BuyLevel) CloseSell(); } //--- return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void OPBUY() { double StopLossLevel; double TakeProfitLevel; if(StopLoss>0) StopLossLevel=Bid-StopLoss*Point; else StopLossLevel=0.0; if(TakeProfit>0) TakeProfitLevel=Ask+TakeProfit*Point; else TakeProfitLevel=0.0; ticket=OrderSend(Symbol(),OP_BUY,LOT(),Ask,Slippage,StopLossLevel,TakeProfitLevel,Koment,MagicNumber,0,DodgerBlue); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void OPSELL() { double StopLossLevel; double TakeProfitLevel; if(StopLoss>0) StopLossLevel=Ask+StopLoss*Point; else StopLossLevel=0.0; if(TakeProfit>0) TakeProfitLevel=Bid-TakeProfit*Point; else TakeProfitLevel=0.0; //--- ticket=OrderSend(Symbol(),OP_SELL,LOT(),Bid,Slippage,StopLossLevel,TakeProfitLevel,Koment,MagicNumber,0,DeepPink); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void CloseSell() { int total=OrdersTotal(); for(int y=OrdersTotal()-1; y>=0; y--) { if(OrderSelect(y,SELECT_BY_POS,MODE_TRADES)) if(OrderSymbol()==Symbol() && OrderType()==OP_SELL && OrderMagicNumber()==MagicNumber) { ticket=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),5,Black); } } } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void CloseBuy() { int total=OrdersTotal(); for(int y=OrdersTotal()-1; y>=0; y--) { if(OrderSelect(y,SELECT_BY_POS,MODE_TRADES)) if(OrderSymbol()==Symbol() && OrderType()==OP_BUY && OrderMagicNumber()==MagicNumber) { ticket=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),5,Black); } } } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ double LOT() { double lotsi; double ilot_max =MarketInfo(Symbol(),MODE_MAXLOT); double ilot_min =MarketInfo(Symbol(),MODE_MINLOT); double tick=MarketInfo(Symbol(),MODE_TICKVALUE); //--- double myAccount=AccountBalance(); //--- if(ilot_min==0.01) LotDigits=2; if(ilot_min==0.1) LotDigits=1; if(ilot_min==1) LotDigits=0; //--- if(AutoLot) { lotsi=NormalizeDouble((myAccount*Risk)/10000,LotDigits); } else { lotsi=ManualLots; } //--- if(lotsi>=ilot_max) { lotsi=ilot_max; } //--- return(lotsi); } //+------------------------------------------------------------------+
The above is the source.
313268:
The above is the source.
//+------------------------------------------------------------------+ //| RSI EA.mq4 | //| Copyright 2015, MetaQuotes Software Corp. | //| http://free-bonus-deposit.blogspot.com | //+------------------------------------------------------------------+ #property copyright "Copyright 2015, dXerof" #property link "http://free-bonus-deposit.blogspot.com" #property version "1.00" #property strict input bool OpenBUY=True; input bool OpenSELL=True; input bool CloseBySignal=True; input double StopLoss=0; input double TakeProfit=0; input double TrailingStop=0; input int RSIperiod=14; input double BuyLevel=30; input double SellLevel=70; input bool AutoLot=True; input double Risk=10; input double ManualLots=0.1; input int MagicNumber=123; input string Koment="RSIea"; input int Slippage=10; //--- int OrderBuy,OrderSell; int ticket; int LotDigits; double Trail,iTrailingStop; //+------------------------------------------------------------------+ //| Expert initialization function | //+------------------------------------------------------------------+ int init() { return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int deinit() { return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ int start() { double stoplevel=MarketInfo(Symbol(),MODE_STOPLEVEL); OrderBuy=0; OrderSell=0; for(int cnt=0; cnt<OrdersTotal(); cnt++) { if(OrderSelect(cnt,SELECT_BY_POS,MODE_TRADES)) if(OrderSymbol()==Symbol() && OrderMagicNumber()==MagicNumber && OrderComment()==Koment) { if(OrderType()==OP_BUY) OrderBuy++; if(OrderType()==OP_SELL) OrderSell++; if(TrailingStop>0) { iTrailingStop=TrailingStop; if(TrailingStop<stoplevel) iTrailingStop=stoplevel; Trail=iTrailingStop*Point; double tsbuy=NormalizeDouble(Bid-Trail,Digits); double tssell=NormalizeDouble(Ask+Trail,Digits); if(OrderType()==OP_BUY && Bid-OrderOpenPrice()>Trail && Bid-OrderStopLoss()>Trail) { ticket=OrderModify(OrderTicket(),OrderOpenPrice(),tsbuy,OrderTakeProfit(),0,Blue); } if(OrderType()==OP_SELL && OrderOpenPrice()-Ask>Trail && (OrderStopLoss()-Ask>Trail || OrderStopLoss()==0)) { ticket=OrderModify(OrderTicket(),OrderOpenPrice(),tssell,OrderTakeProfit(),0,Blue); } } } } double rsi=iRSI(Symbol(),0,RSIperiod,PRICE_CLOSE,0); double rsi1=iRSI(Symbol(),0,RSIperiod,PRICE_CLOSE,1); // double HTb=iCustom(Symbol(),0,"HalfTrend-1.02",0,0); //buy // double HTs=iCustom(Symbol(),0,"HalfTrend-1.02",1,0); //buy //--- open position if(OpenSELL && OrderSell<2 && rsi<SellLevel && rsi1>SellLevel) OPSELL(); if(OpenBUY && OrderBuy<2 && rsi>BuyLevel && rsi1<BuyLevel) OPBUY(); //--- close position by signal if(CloseBySignal) { if(OrderBuy>0 && rsi<SellLevel && rsi1>SellLevel) CloseBuy(); if(OrderSell>0 && rsi>BuyLevel && rsi1<BuyLevel) CloseSell(); } //--- return(0); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void OPBUY() { double StopLossLevel; double TakeProfitLevel; if(StopLoss>0) StopLossLevel=Bid-StopLoss*Point; else StopLossLevel=0.0; if(TakeProfit>0) TakeProfitLevel=Ask+TakeProfit*Point; else TakeProfitLevel=0.0; ticket=OrderSend(Symbol(),OP_BUY,LOT(),Ask,Slippage,StopLossLevel,TakeProfitLevel,Koment,MagicNumber,0,DodgerBlue); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void OPSELL() { double StopLossLevel; double TakeProfitLevel; if(StopLoss>0) StopLossLevel=Ask+StopLoss*Point; else StopLossLevel=0.0; if(TakeProfit>0) TakeProfitLevel=Bid-TakeProfit*Point; else TakeProfitLevel=0.0; //--- ticket=OrderSend(Symbol(),OP_SELL,LOT(),Bid,Slippage,StopLossLevel,TakeProfitLevel,Koment,MagicNumber,0,DeepPink); } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void CloseSell() { int total=OrdersTotal(); for(int y=OrdersTotal()-1; y>=0; y--) { if(OrderSelect(y,SELECT_BY_POS,MODE_TRADES)) if(OrderSymbol()==Symbol() && OrderType()==OP_SELL && OrderMagicNumber()==MagicNumber) { ticket=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),5,Black); } } } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ void CloseBuy() { int total=OrdersTotal(); for(int y=OrdersTotal()-1; y>=0; y--) { if(OrderSelect(y,SELECT_BY_POS,MODE_TRADES)) if(OrderSymbol()==Symbol() && OrderType()==OP_BUY && OrderMagicNumber()==MagicNumber) { ticket=OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),5,Black); } } } //+------------------------------------------------------------------+ //| | //+------------------------------------------------------------------+ double LOT() { double lotsi; double ilot_max =MarketInfo(Symbol(),MODE_MAXLOT); double ilot_min =MarketInfo(Symbol(),MODE_MINLOT); double tick=MarketInfo(Symbol(),MODE_TICKVALUE); //--- double myAccount=AccountBalance(); //--- if(ilot_min==0.01) LotDigits=2; if(ilot_min==0.1) LotDigits=1; if(ilot_min==1) LotDigits=0; //--- if(AutoLot) { lotsi=NormalizeDouble((myAccount*Risk)/10000,LotDigits); } else { lotsi=ManualLots; } //--- if(lotsi>=ilot_max) { lotsi=ilot_max; } //--- return(lotsi); } //+------------------------------------------------------------------+
Not tested just edited...
Ahmet Metin Yilmaz:
Thanks Ahmet, May I know the parts edited
Not tested just edited...
Selemani Abasi:
Thanks Ahmet, May I know the parts edited
Thanks Ahmet, May I know the parts edited
Hi Selemani Abasi, I think that Ahmet Metin Yilmaz changed 2 statements where you had "OrderSell<1". That was changed to "OrderSell<2" hence highlighting where you could manipulate how many position would you like.
If you want it dynamic (as opposed to a static limit of 2, etc) , you may change it to "OrderSell<maxPositions" and add another INPUT in the upper section of your Expert Advisor such as ....
input int maxPositions=2; // 2 would be the default but upon running you may change it to whatever you want (and the freeMargin and/or broker allows)
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Hi Guys,
I am using RSI ea.mq4. I am asking if there is a possibility to enable it to open more than one position (My Trading Platform is MT4)
I want my RSI ea conditions to be the same, only to allow that, the lot size shouldn't be changed until the maximum number of positions allowed by my broker is reached.
For instance, use minimum lot of 0.01 (depending on the risk) until the number of positions reaches 200, and then start automatic lot size.
Kindly assist