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SimpleTrade

Download SimpleTrade.mq4 script

Opening-Closing:

The opening of the position is performed at the beginning of every day by a simple rule:

if(Open[0]>Open[3]) BUY;
if(Open[0]<Open[3]) SELL;

The closing is performed by the StopLoss or at the beginning of the next day.

Input Parameters:

1. stop - StopLoss level. It is specified in points, stop = 500 on default;

2. lots - lot size, lots = 1 on default;

Testing:

In spite of its simplisity the EA shows good results on the trend markets:

Display/hide source code 
//+------------------------------------------------------------------+
//|                                                    neroTrade.mq4 |
//|                                  Copyright © 2008 Gryb Alexander |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2008 Gryb Alexander"
#property link      ""
 
extern int stop = 120;
extern double lots = 1;
 
int slippage = 3;
 
datetime curTime;
//+------------------------------------------------------------------+
//| expert initialization function                                   |
//+------------------------------------------------------------------+
int init()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert deinitialization function                                 |
//+------------------------------------------------------------------+
int deinit()
  {
//----
   
//----
   return(0);
  }
//+------------------------------------------------------------------+
//| expert start function                                            |
//+------------------------------------------------------------------+
int start()
  {
//----
if((Time[0]!=curTime))
{   
   curTime=Time[0];
   
   if(OrdersTotal()==0)
   {
     if(Open[0]>Open[3])  OrderSend(Symbol(),OP_BUY,lots,Ask,slippage,Ask-stop*Point,0);    
     if(Open[0]<=Open[3])   OrderSend(Symbol(),OP_SELL,lots,Bid,slippage,Bid+stop*Point,0); 
   }
   else
   {
     OrderSelect(0,SELECT_BY_POS);
     if(OrderType()==OP_BUY)
       OrderClose(OrderTicket(),OrderLots(),Bid,3);
     if(OrderType()==OP_SELL)
       OrderClose(OrderTicket(),OrderLots(),Ask,3);
     if(Open[0]>Open[3])  OrderSend(Symbol(),OP_BUY,lots,Ask,slippage,Ask-stop*Point,0);    
     if(Open[0]<=Open[3])   OrderSend(Symbol(),OP_SELL,lots,Bid,slippage,Bid+stop*Point,0); 
 
   }
}
 
//----
   return(0);
  }
//+------------------------------------------------------------------+
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