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KS B&C indicator

MQL5 Indicators Experts Forex Trading robot/indicator debugging Strategy optimization

Specification

//+------------------------------------------------------------------+
//|                                                      MyBot.mq5   |
//|                        Created using MQL5                        |
//+------------------------------------------------------------------+
#include <Trade\Trade.mqh>

CTrade trade; // Create a trade object

// Define input parameters
input int FastMAPeriod = 10;
input int SlowMAPeriod = 50;
input int RSI_Period = 14;
input int MACD_FastEMA = 12;
input int MACD_SlowEMA = 26;
input int MACD_SignalSMA = 9;

// Function to calculate support and resistance (simple example)
double FindSupport(int candles) {
    double lowest = iLow(NULL, 0, iLowest(NULL, 0, MODE_LOW, candles, 0));
    return lowest;
}

double FindResistance(int candles) {
    double highest = iHigh(NULL, 0, iHighest(NULL, 0, MODE_HIGH, candles, 0));
    return highest;
}

//+------------------------------------------------------------------+
//| Expert initialization function                                   |
//+------------------------------------------------------------------+
int OnInit() {
    return INIT_SUCCEEDED;
}

//+------------------------------------------------------------------+
//| Expert deinitialization function                                 |
//+------------------------------------------------------------------+
void OnDeinit(const int reason) {
}

//+------------------------------------------------------------------+
//| Expert tick function                                             |
//+------------------------------------------------------------------+
void OnTick() {
    // Get current prices
    double priceCurrent = iClose(NULL, 0, 0);
    double priceHigh = iHigh(NULL, 0, 10); // High over the past 10 candles
    double priceLow = iLow(NULL, 0, 10);   // Low over the past 10 candles

    // Calculate indicators
    double FastMA = iMA(NULL, 0, FastMAPeriod, 0, MODE_SMA, PRICE_CLOSE, 0);
    double SlowMA = iMA(NULL, 0, SlowMAPeriod, 0, MODE_SMA, PRICE_CLOSE, 0);
    double RSI = iRSI(NULL, 0, RSI_Period, PRICE_CLOSE, 0);

    double MACD_Main, MACD_Signal;
    MACD_Main = iMACD(NULL, 0, MACD_FastEMA, MACD_SlowEMA, MACD_SignalSMA, PRICE_CLOSE, MODE_MAIN, 0);
    MACD_Signal = iMACD(NULL, 0, MACD_FastEMA, MACD_SlowEMA, MACD_SignalSMA, PRICE_CLOSE, MODE_SIGNAL, 0);

    // Calculate stop-loss and take-profit distances
    double SL_Distance = MathAbs(priceCurrent - (priceHigh + priceLow) / 2);
    double TP_Distance = SL_Distance * 2; // Minimum TP, adjustable

    // Check Buy Condition
    if (FastMA > SlowMA && RSI > 30 && RSI < 70 && MACD_Main > MACD_Signal) {
        double tpLevel = priceCurrent + TP_Distance;
        double slLevel = priceCurrent - SL_Distance;

        // Ensure TP is below the nearest resistance level
        double resistance = FindResistance(20);
        if (tpLevel > resistance) {
            tpLevel = resistance;
        }

        trade.Buy(0.1, priceCurrent, slLevel, tpLevel, "Buy Order");
    }

    // Check Sell Condition
    if (FastMA < SlowMA && RSI > 30 && RSI < 70 && MACD_Main < MACD_Signal) {
        double tpLevel = priceCurrent - TP_Distance;
        double slLevel = priceCurrent + SL_Distance;

        // Ensure TP is above the nearest support level
        double support = FindSupport(20);
        if (tpLevel < support) {
            tpLevel = support;
        }

        trade.Sell(0.1, priceCurrent, slLevel, tpLevel, "Sell Order");
    }
}

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Project information

Budget
30 - 50 USD