// Include the necessary libraries and indicators
#include <Trade\Trade.mqh>
#include <Indicators\Indicators.mqh>
// Define the input parameters
input int EntrySignalTF = 15; // Signal detection timeframe (in minutes)
input int ConfirmationTF1 = 30; // Confirmation timeframe 1 (in minutes)
input int ConfirmationTF2 = 60; // Confirmation timeframe 2 (in minutes)
input int TradeExecutionTF = 5; // Trade execution timeframe (in minutes)
input double StopLoss = 50.0; // Stop loss (in pips)
input double TakeProfit = 100.0; // Take profit (in pips)
// Declare global variables
CTrade trade; // Trade object
CIndicators indicators; // Indicator object
// Define object names for drawing lines
string buyLineObjectName = "BuyLine";
string sellLineObjectName = "SellLine";
// Define the ENUM_DIRECTION type
enum ENUM_DIRECTION
{
DIRECTION_NONE, // No specific direction
DIRECTION_UP, // Upward direction
DIRECTION_DOWN // Downward direction
};
void OnInit()
{
trade.SetExpertMagicNumber(123456); // Set a unique magic number for the expert advisor
}
// Define the OnTick() function
void OnTick()
{
// Check if the current bar is complete for the entry signal timeframe
if (TimeCurrent() % (EntrySignalTF * 60) != 0)
return;
// Calculate the entry signal indicators on M15 timeframe
double bollingerUpper = iBands(Symbol(), PERIOD_M15, 20, 0, 2.0, PRICE_CLOSE);
double bollingerLower = iBands(Symbol(), PERIOD_M15, 20, 2, -2.0, PRICE_CLOSE);
double rsiValue = iRSI(Symbol(), PERIOD_M15, 14, PRICE_CLOSE);
double stochasticValue = iStochastic(Symbol(), PERIOD_M15, 5, 3, 3, MODE_SMA, STO_LOWHIGH);
double macdHistogram = iMACD(Symbol(), PERIOD_M15, 12, 26, 9, PRICE_CLOSE);
double rejectionTop = iHigh(Symbol(), PERIOD_M15, 1) - bollingerUpper; // Rejection from upper Bollinger Band
double rejectionBottom = bollingerLower - iLow(Symbol(), PERIOD_M15, 1); // Rejection from lower Bollinger Band
// Calculate the trend direction on M30 timeframe
ENUM_DIRECTION trendM30 = GetTrendDirection(PERIOD_M30);
// Calculate the trend direction on H1 timeframe
ENUM_DIRECTION trendH1 = GetTrendDirection(PERIOD_H1);
// Check buy entry conditions on M15 timeframe
if (stochasticValue < 20 && rsiValue < 30 && macdHistogram < 0 && rejectionBottom > 0 && trendM30 == DIRECTION_UP && trendH1 == DIRECTION_UP)
{
// Check buy confirmation conditions on M5 timeframe
bool isBuyConfirmed = CheckConfirmationConditions(PERIOD_M5, bollingerLower);
if (isBuyConfirmed)
{
// Open a buy trade
trade.Buy(0.01, Symbol(), 0, 0, StopLoss, TakeProfit);
// Draw a line to mark the anticipated reversal point on M15 timeframe
double reversalPrice = NormalizeDouble(bollingerLower, _Digits);
DrawLine(buyLineObjectName, reversalPrice);
}
}
// Check sell entry conditions on M15 timeframe
if (stochasticValue > 80 && rsiValue > 70 && macdHistogram > 0 && rejectionTop > 0 && trendM30 == DIRECTION_DOWN && trendH1 == DIRECTION_DOWN)
{
// Check sell confirmation conditions on M5 timeframe
bool isSellConfirmed = CheckConfirmationConditions(PERIOD_M5, bollingerUpper);
if (isSellConfirmed)
{
// Open a sell trade
trade.Sell(0.01, Symbol(), 0, 0, StopLoss,TakeProfit);
// Draw a line to mark the anticipated reversal point on M15 timeframe
double reversalPrice = NormalizeDouble(bollingerUpper, _Digits);
DrawLine(sellLineObjectName, reversalPrice);
}
}
}
// Function to check confirmation conditions on a specified timeframe
bool CheckConfirmationConditions(ENUM_TIMEFRAMES timeframe, double bollingerLevel)
{
double confirmationBollinger = iBands(Symbol(), timeframe, 20, 2, 0, PRICE_CLOSE);
double confirmationClose = iClose(Symbol(), timeframe, 1);
if (confirmationClose < confirmationBollinger)
{
// Check additional confirmationconditions on the specified timeframe, such as other indicators or price patterns.
return true;
}
return false;
}
// Function to get the trend direction on a specified timeframe
ENUM_DIRECTION GetTrendDirection(ENUM_TIMEFRAMES timeframe)
{
double maFast = iMA(Symbol(), timeframe, 50, 0, MODE_EMA, PRICE_CLOSE);
double maSlow = iMA(Symbol(), timeframe, 200, 0, MODE_EMA, PRICE_CLOSE);
if (maFast > maSlow)
{
return DIRECTION_UP;
}
else if (maFast < maSlow)
{
return DIRECTION_DOWN;
}
else
{
return DIRECTION_NONE;
}
}
// Function to draw a line on the chart
void DrawLine(string objectName, double price)
{
ObjectDelete(0, objectName);
ObjectCreate(0, objectName, OBJ_HLINE, 0, 0, price);
ObjectSetInteger(0, objectName, OBJPROP_COLOR, clrRed);
ObjectSetInteger(0, objectName, OBJPROP_STYLE, STYLE_SOLID);
}
// Define the OnDeinit() function
void OnDeinit(const int reason)
{
// Close any open trades
//trade.CloseAll();
// Delete the drawn lines
ObjectDelete(0, buyLineObjectName);
ObjectDelete(0, sellLineObjectName);
}
