Specification
//+------------------------------------------------------------------+
//| $10 Smart Scalping Bot for MT5 |
//| EURGBP + AUDUSD + XAGUSD Optimized |
//+------------------------------------------------------------------+
#property strict
#include <Trade/Trade.mqh>
CTrade trade;
//========================= INPUTS ==================================
input double LotSize = 0.01;
input int FastEMA = 20;
input int SlowEMA = 50;
input int RSIPeriod = 14;
input double BuyRSI = 55.0;
input double SellRSI = 45.0;
input int StopLoss = 150;
input int TakeProfit = 350;
input int MaxSpread = 35;
input int MaxOpenTrades = 1;
input int MaxDailyLosses = 3;
input bool UseTrailingStop = true;
input int TrailingStop = 80;
//========================= VARIABLES ===============================
int fastEMAHandle;
int slowEMAHandle;
int rsiHandle;
double fastEMA[];
double slowEMA[];
double rsi[];
int dailyLosses = 0;
//+------------------------------------------------------------------+
//| Expert Initialization |
//+------------------------------------------------------------------+
int OnInit()
{
// Allow only these symbols
if(_Symbol != "EURGBP" &&
_Symbol != "AUDUSD" &&
_Symbol != "XAGUSD")
{
Print("Use only EURGBP, AUDUSD or XAGUSD");
return(INIT_FAILED);
}
// Create indicators
fastEMAHandle = iMA(_Symbol, PERIOD_M5, FastEMA, 0, MODE_EMA, PRICE_CLOSE);
slowEMAHandle = iMA(_Symbol, PERIOD_M5, SlowEMA, 0, MODE_EMA, PRICE_CLOSE);
rsiHandle = iRSI(_Symbol, PERIOD_M5, RSIPeriod, PRICE_CLOSE);
if(fastEMAHandle == INVALID_HANDLE ||
slowEMAHandle == INVALID_HANDLE ||
rsiHandle == INVALID_HANDLE)
{
Print("Indicator creation failed");
return(INIT_FAILED);
}
Print("Smart $10 Scalper Loaded");
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
//| Main Trading Logic |
//+------------------------------------------------------------------+
void OnTick()
{
// Daily protection
if(dailyLosses >= MaxDailyLosses)
{
Print("Daily loss limit reached.");
return;
}
// Max open trades protection
if(PositionsTotal() >= MaxOpenTrades)
{
ManageTrailingStop();
return;
}
// Spread filter
double spread =
(SymbolInfoDouble(_Symbol, SYMBOL_ASK) -
SymbolInfoDouble(_Symbol, SYMBOL_BID)) / _Point;
if(spread > MaxSpread)
return;
// Get indicator values
CopyBuffer(fastEMAHandle, 0, 0, 3, fastEMA);
CopyBuffer(slowEMAHandle, 0, 0, 3, slowEMA);
CopyBuffer(rsiHandle, 0, 0, 3, rsi);
double ask = SymbolInfoDouble(_Symbol, SYMBOL_ASK);
double bid = SymbolInfoDouble(_Symbol, SYMBOL_BID);
//================ BUY CONDITIONS =================
bool buySignal =
fastEMA[1] < slowEMA[1] &&
fastEMA[0] > slowEMA[0] &&
rsi[0] > BuyRSI;
if(buySignal)
{
double sl = ask - StopLoss * _Point;
double tp = ask + TakeProfit * _Point;
trade.Buy(LotSize, _Symbol, ask, sl, tp, "BUY");
}
//================ SELL CONDITIONS ================
bool sellSignal =
fastEMA[1] > slowEMA[1] &&
fastEMA[0] < slowEMA[0] &&
rsi[0] < SellRSI;
if(sellSignal)
{
double sl = bid + StopLoss * _Point;
double tp = bid - TakeProfit * _Point;
trade.Sell(LotSize, _Symbol, bid, sl, tp, "SELL");
}
// Trailing stop
ManageTrailingStop();
}
//+------------------------------------------------------------------+
//| Trailing Stop Function |
//+------------------------------------------------------------------+
void ManageTrailingStop()
{
if(!UseTrailingStop)
return;
for(int i = PositionsTotal() - 1; i >= 0; i--)
{
ulong ticket = PositionGetTicket(i);
if(PositionSelectByTicket(ticket))
{
double currentSL = PositionGetDouble(POSITION_SL);
double tp = PositionGetDouble(POSITION_TP);
ENUM_POSITION_TYPE type =
(ENUM_POSITION_TYPE)PositionGetInteger(POSITION_TYPE);
double priceCurrent;
// BUY POSITION
if(type == POSITION_TYPE_BUY)
{
priceCurrent = SymbolInfoDouble(_Symbol, SYMBOL_BID);
double newSL = priceCurrent - TrailingStop * _Point;
if(newSL > currentSL)
{
trade.PositionModify(ticket, newSL, tp);
}
}
// SELL POSITION
if(type == POSITION_TYPE_SELL)
{
priceCurrent = SymbolInfoDouble(_Symbol, SYMBOL_ASK);
double newSL = priceCurrent + TrailingStop * _Point;
if(currentSL == 0 || newSL < currentSL)
{
trade.PositionModify(ticket, newSL, tp);
}
}
}
}
}
//+------------------------------------------------------------------+
//| Track Losing Trades |
//+------------------------------------------------------------------+
void OnTradeTransaction(
const MqlTradeTransaction &trans,
const MqlTradeRequest &request,
const MqlTradeResult &result)
{
if(trans.type == TRADE_TRANSACTION_DEAL_ADD)
{
double profit = HistoryDealGetDouble(trans.deal, DEAL_PROFIT);
if(profit < 0)
{
dailyLosses++;
}
}
}
//+------------------------------------------------------------------+
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