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Financial-Markets-research/TigerWicksOnly.mq5
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//+------------------------------------------------------------------+
//| TigerObserver.mq5 |
//| Copyright 2023, MetaQuotes Ltd. |
//| https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2023, MetaQuotes Ltd."
#property link "https://www.mql5.com"
#property version "1.00"
#include "Algo_Skeleton_Functions.mqh"
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int OnInit()
{
//--- create timer
EventSetTimer(60);
// ONLY FOR VISULAZITAION ON STRATEGY TESTER
iClose(_Symbol,PERIOD_W1,1);
iClose(_Symbol,PERIOD_D1,1);
iClose(_Symbol,PERIOD_H4,5);
iClose(_Symbol,PERIOD_H1,5);
iClose(_Symbol,PERIOD_M30,5);
iClose(_Symbol,PERIOD_M15,5);
objectsManager.addTextTiger();
for(int i=0; i<NUM_MAX_ALLOWED_TRADES ; i++)
{
BuyActiveTradesArray[i] = NULL ;
SellActiveTradesArray[i] = NULL ;
}
//objectsManager.addMarketDescriptionTextTiger();
//---
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
//| Expert deinitialization function |
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
{
//--- destroy timer
Print("Buys Count: " + buysCount);
Print("Sells Count: " + sellsCount);
EventKillTimer();
}
//+------------------------------------------------------------------+
//| Expert tick function |
//+------------------------------------------------------------------+
void OnTick()
{
cleanBuyTradesArr();
cleanSellTradesArr();
secureProfitIfNeeded();
// BUYS
if(waitForBottomWickToForm == true && wickLengthCounter == wickLengthInMinutes) // waited wickLengthInMinutes time, and now its the time to check if the wick is valid
{
bottomWickValidationState = handleBottomWickValidation();
updateBottomWickState(bottomWickValidationState);
}
if(bottomWickFormed){
datetime currTime = TimeCurrent();
if(SymbolInfoDouble(_Symbol,SYMBOL_ASK) >= buyStopPrice && !wickTradeTaken){
double stopLossPrice = iLow(_Symbol,PERIOD_CURRENT,0) - stopLossUnderWickBy;
double stopLossBased_H1 = iLow(_Symbol,PERIOD_H1,1);
double stopLossBased_M30 = iLow(_Symbol,PERIOD_M30,1);
double stopLossBased_M15 = iLow(_Symbol,PERIOD_M15,1);
stopLossBased_H1 = stopLossBased_H1 - stopLossUnderWickBy ;
stopLossBased_M30 = stopLossBased_M30 - stopLossUnderWickBy ;
stopLossBased_M15 = stopLossBased_M15 - stopLossUnderWickBy ;
if((SymbolInfoDouble(_Symbol,SYMBOL_ASK) - stopLossPrice) < minimumStopLossInPips){
stopLossPrice = stopLossBased_M30 ;
if(stopLossIsValidBuys(stopLossBased_H1,maxPipsRiskAmount)){
stopLossPrice = stopLossBased_H1 ;
}
else if(stopLossIsValidBuys(stopLossBased_M30,maxPipsRiskAmount)){
stopLossPrice = stopLossBased_M30 ;
}
else if(stopLossIsValidBuys(stopLossBased_M15,maxPipsRiskAmount)){
stopLossPrice = stopLossBased_M15 ;
}
}
else if(!stopLossIsValidBuys(stopLossPrice,maxPipsRiskAmount)){
stopLossPrice = -1 ;
}
double lotsToBuy = lsCalc.calculateLotSize(riskDollars,stopLossPrice);
int indexToNewTrade ;
if(((indexToNewTrade = findAvailableSpotInBuyManagerArr()) != -1) && stopLossPrice != -1)
{
activeTradeId = buyEntryManager.takeBuyTradeTiger(lotsToBuy,stopLossPrice) ;
BuyTradeManagerTiger* tempTigerManager= new BuyTradeManagerTiger(activeTradeId); // create an object of type sellTradeManagerTiger
BuyActiveTradesArray[indexToNewTrade] = tempTigerManager ;// put the new object in the array
buysCount++;
wickTradeTaken = true ;
Comment("Took a bUY. stop loss: above current wick, " + "Active trade id: " + activeTradeId);
}
else
{
Comment("i cant take a trade because the arrray is full");
}
Comment(TimeToString(currTime,TIME_MINUTES) + ": price has reached the candle high, im taking a buy");
}
}
// SELLS
if(waitForTopWickToForm == true && wickLengthCounter == wickLengthInMinutes){ // waited wickLengthInMinutes time, and now its the time to check if the wick is valid
topWickValidationState = handleTopWickValidation();
updateTopWickState(topWickValidationState);
}
if(topWickFormed){
datetime currTime = TimeCurrent();
if((SymbolInfoDouble(_Symbol,SYMBOL_BID) <= sellStopPrice) && !wickTradeTaken){
double stopLossPrice = iHigh(_Symbol,PERIOD_CURRENT,0) + stopLossAboveWickBy;
double stopLossBased_H1 = iHigh(_Symbol,PERIOD_H1,1);
double stopLossBased_M30 = iHigh(_Symbol,PERIOD_M30,1);
double stopLossBased_M15 = iHigh(_Symbol,PERIOD_M15,1);
stopLossBased_H1 = stopLossBased_H1 + stopLossAboveWickBy ;
stopLossBased_M30 = stopLossBased_M30 + stopLossAboveWickBy ;
stopLossBased_M15 = stopLossBased_M15 + stopLossAboveWickBy ;
if((stopLossPrice - SymbolInfoDouble(_Symbol,SYMBOL_BID)) < minimumStopLossInPips){
stopLossPrice = stopLossBased_M30 ;
if(stopLossIsValidSells(stopLossBased_H1,maxPipsRiskAmount)){
stopLossPrice = stopLossBased_H1 ;
}
else if(stopLossIsValidSells(stopLossBased_M30,maxPipsRiskAmount)){
stopLossPrice = stopLossBased_M30 ;
}
else if(stopLossIsValidSells(stopLossBased_M15,maxPipsRiskAmount)){
stopLossPrice = stopLossBased_M15 ;
}
}
else if(!stopLossIsValidSells(stopLossPrice,maxPipsRiskAmount)){
stopLossPrice = -1 ;
}
double lotsToSell = lsCalc.calculateLotSize(riskDollars,stopLossPrice);
int indexToNewTrade ;
if(((indexToNewTrade = findAvailableSpotInSellManagerArr()) != -1) && stopLossPrice != -1)
{
activeTradeId = sellEntryManager.takeSellTradeTiger(lotsToSell,stopLossPrice) ;
SellTradeManagerTiger* tempTigerManager= new SellTradeManagerTiger(activeTradeId); // create an object of type sellTradeManagerTiger
SellActiveTradesArray[indexToNewTrade] = tempTigerManager ;// put the new object in the array
sellsCount++;
wickTradeTaken = true ;
Comment("Took a sell. stop loss: under current wick, " + "Active trade id: " + activeTradeId);
}
else
{
Comment("i cant take a trade because the arrray is full");
}
Comment(TimeToString(currTime,TIME_MINUTES) + ": price has reached the candle low, im taking a sell");
}
}
if(newCandleDetectorM1.isNewCandle())
{
// BUY CASE
if(waitForBottomWickToForm == true && wickLengthCounter < wickLengthInMinutes)
{
wickLengthCounter++ ;
}
// SELL CASE
if(waitForTopWickToForm == true && wickLengthCounter < wickLengthInMinutes){
wickLengthCounter++;
}
}
if(newCandleDetectorM15.isNewCandle())
{
manageRiskIfNeeded();
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
if(newCandleDetector30M.isNewCandle())
{
wickTradeTaken = false ;
if(bottomWickFormed){ // reset the bottomWickFormed flag. this is for the cases that bottom wick has formed, but m30 candle closed and the trade still not taken
bottomWickFormed = false ;
buyStopPrice = -1;
}
if(topWickFormed){ // reset the topWickFormed flag. this is for the cases that top wick has formed, but m30 candle closed and the trade still not taken
topWickFormed = false ;
sellStopPrice = -1;
}
trailAllOpenPositionsIfNeeded(PERIOD_M30);
// DETECTING SUPPORTS AND RESISTANCES
detectAndDrawResistanceOnTimeFrame(PERIOD_M30,"PERIOD_M30",clrPink,clrBlue,zoneContainer_M30);
detectAndDrawSupportOnTimeFrame(PERIOD_M30,"PERIOD_M30",clrYellow,clrGreen,zoneContainerSupport_M30);
// VARIABLE PREPROCESSING FOR BOS
double brokenResistanceLowerPrice = -1 ;
string brokenZoneTypeResistance = "" ;
double brokenSupportHigherPrice = -1;
string brokenZoneTypeSupport = "" ;
// BREAK OF STRUCTURE HANDLING
if(updateBreakAboveStructureAndDelete(zoneContainer_M30,PERIOD_M30,"PERIOD_M30",brokenResistanceLowerPrice,brokenZoneTypeResistance)
&& buyBreakerCandleIsValid(PERIOD_M30, SIZE_OF_BREAKER_CANDLE_BODY)
&& ((sessionIsNy() && TRADE_NEW_YORK_ALLOWED) || (sessionIsLondon() && TRADE_LONDON_ALLOWED)) && BUYS_ALLOWED) // means M30 candle broke structure, and the breaker candle is valid (big enough),and time is in the sessions (ny or london or both, based on what the user chose))
{
double firstResistancePrice = findClosestResistancePrice(zoneContainer_M30);
double cleanRangeValueBuys = firstResistancePrice - SymbolInfoDouble(_Symbol, SYMBOL_ASK);
Print("first resistcane price is: "+ firstResistancePrice);
if(zoneContainer_M30.getNumberOfActiveZones() > 0 && firstResistancePrice != -1 && brokenZoneTypeResistance == "TYPE_RESISTANCE_BREAKOUT")
{
Comment("Price Broke and closed above resistance zone, im waiting for a bottom wick to form");
waitForBottomWickToForm = true ;
}
else if(zoneContainer_M30.getNumberOfActiveZones() == 0 && brokenZoneTypeResistance == "TYPE_RESISTANCE_BREAKOUT")
{
Comment("Price Broke and closed above resistance zone, im waiting for a bottom wick to form");
waitForBottomWickToForm = true ;
}
}
if(updateBreakBelowStructureAndDelete(zoneContainerSupport_M30,PERIOD_M30,"PERIOD_M30",brokenSupportHigherPrice,brokenZoneTypeSupport)
&& sellBreakerCandleIsValid(PERIOD_M30, SIZE_OF_BREAKER_CANDLE_BODY)
&& ((sessionIsNy() && TRADE_NEW_YORK_ALLOWED) || (sessionIsLondon() && TRADE_LONDON_ALLOWED)) && SELLS_ALLOWED) // means M30 candle broke structure, and the breaker candle is valid (big enough),and time is in the sessions (ny or london or both, based on what the user chose))
{
double firstSupportPrice = findClosestSupportPrice(zoneContainerSupport_M30);
double cleanRangeValueSells = SymbolInfoDouble(_Symbol, SYMBOL_BID) - firstSupportPrice;
if(zoneContainerSupport_M30.getNumberOfActiveZones() > 0 && firstSupportPrice != -1 && brokenZoneTypeSupport == "TYPE_SUPPORT_BREAKOUT")
{
waitForTopWickToForm = true ;
Comment("Price Broke and closed below support zone, im waiting for a top wick to form");
}
else if(zoneContainerSupport_M30.getNumberOfActiveZones() == 0 && brokenZoneTypeSupport == "TYPE_SUPPORT_BREAKOUT"){
waitForTopWickToForm = true ;
Comment("Price Broke and closed below support zone, im waiting for a top wick to form");
}
}
datetime currTime = TimeCurrent();
ObjectSetString(0,"clockTextTiger",OBJPROP_TEXT,TimeToString(currTime,TIME_MINUTES));
zoneContainer_M30.printZonesSortedArray();
zoneContainerSupport_M30.printZonesSortedArray();
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
if(newCandleDetectorDaily.isNewCandle())
{
//detectAndDrawResistanceOnTimeFrame(PERIOD_D1,"PERIOD_D1",clrYellow,clrYellow,zoneContainer_D1);
//updateBreakAboveStructureAndDelete(zoneContainer_D1,PERIOD_D1,"PERIOD_D1");
objectsManager.drawVerticalLine(clrAqua, TimeCurrent());
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
if(newCandleDetectorWeekly.isNewCandle())
{
objectsManager.drawVerticalLine(clrRed, TimeCurrent());
}
}
//+------------------------------------------------------------------+
//| Timer function |
//+------------------------------------------------------------------+
void OnTimer()
{
//---
}
//+------------------------------------------------------------------+
//| Trade function |
//+------------------------------------------------------------------+
void OnTrade()
{
//---
}
//+------------------------------------------------------------------+
//| TradeTransaction function |
//+------------------------------------------------------------------+
void OnTradeTransaction(const MqlTradeTransaction& trans,
const MqlTradeRequest& request,
const MqlTradeResult& result)
{
//---
}
//+------------------------------------------------------------------+
//| Tester function |
//+------------------------------------------------------------------+
double OnTester()
{
//---
double ret=0.0;
//---
//---
return(ret);
}
//+------------------------------------------------------------------+
//| TesterInit function |
//+------------------------------------------------------------------+
void OnTesterInit()
{
//---
}
//+------------------------------------------------------------------+
//| TesterPass function |
//+------------------------------------------------------------------+
void OnTesterPass()
{
//---
}
//+------------------------------------------------------------------+
//| TesterDeinit function |
//+------------------------------------------------------------------+
void OnTesterDeinit()
{
//---
}
//+------------------------------------------------------------------+
//| ChartEvent function |
//+------------------------------------------------------------------+
void OnChartEvent(const int id,
const long &lparam,
const double &dparam,
const string &sparam)
{
//---
}
//+------------------------------------------------------------------+
//| BookEvent function |
//+------------------------------------------------------------------+
void OnBookEvent(const string &symbol)
{
//---
}
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+