// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
Once LastTradeDate = 0
// Prevents the system from creating new orders to enter the market or increase position size before the specified time
noEntryBeforeTime = 090000
timeEnterBefore = time >= noEntryBeforeTime
// Prevents the system from placing new orders to enter the market or increase position size after the specified time
noEntryAfterTime = 160000
timeEnterAfter = time < noEntryAfterTime
// Prevents the system from placing new orders on specified days of the week
daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0
//how much pips/points in gain to activate the breakeven function?
startBreakeven = 11
//how much pips/points to keep in profit above or below our entry price when the breakeven is activated (beware of spread)
PointsToKeep = 6
// Conditions to enter long positions
indicator1 = RSI[7](close)
c1 = (indicator1 >= 83)
ignored, ignored, ignored, ignored, indicator2, ignored, ignored = CALL "WA Explosion COMBO"[150, 30, 15, 15]
c2 = (indicator2 >= 260)
indicator3 = ExponentialAverage[5](close)
indicator4 = ExponentialAverage[17](close)
c3 = (indicator3 > indicator4)
indicator5 = ExponentialAverage[62](close)
indicator6 = ExponentialAverage[5](close)
c4 = (indicator5 < indicator6)
IF (c1 AND c2 AND c3 AND c4) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry AND LastTradeDate<>OpenDate THEN
BUY 1 CONTRACT AT MARKET
LastTradeDate = OpenDate
ENDIF
// Conditions to enter short positions
indicator7 = RSI[7](close)
c5 = (indicator7 <= 22)
ignored, ignored, ignored, ignored, ignored, indicator8, ignored = CALL "WA Explosion COMBO"[150, 30, 15, 15]
c6 = (indicator8 >= 260)
indicator9 = ExponentialAverage[5](close)
indicator10 = ExponentialAverage[17](close)
c7 = (indicator9 < indicator10)
indicator11 = ExponentialAverage[62](close)
indicator12 = ExponentialAverage[5](close)
c8 = (indicator11 > indicator12)
IF (c5 AND c6 AND c7 AND c8) AND timeEnterBefore AND timeEnterAfter AND not daysForbiddenEntry AND LastTradeDate<>OpenDate THEN
SELLSHORT 1 CONTRACT AT MARKET
LastTradeDate = OpenDate
ENDIF
// Stops and targets
SET STOP pLOSS 45
SET TARGET pPROFIT 30
//reset the breakevenLevel when no trade are on market
IF NOT ONMARKET THEN
breakevenLevel=0
ENDIF
// --- BUY SIDE ---
//test if the price have moved favourably of "startBreakeven" points already
IF LONGONMARKET AND close-tradeprice(1)>=startBreakeven*pipsize THEN
//calculate the breakevenLevel
breakevenLevel = tradeprice(1)+PointsToKeep*pipsize
ENDIF
//place the new stop orders on market at breakevenLevel
IF breakevenLevel>0 THEN
SELL AT breakevenLevel STOP
ENDIF
// --- end of BUY SIDE ---
// --- SELL SIDE ---
IF SHORTONMARKET AND tradeprice(1)-close >= startBreakeven*pipsize THEN
//calculate the breakevenLevel
breakevenLevel = tradeprice(1)-PointsToKeep*pipsize
ENDIF
//place the new stop orders on market at breakevenLevel
IF breakevenLevel>0 THEN
EXITSHORT AT breakevenLevel STOP
ENDIF
// --- end of SELL SIDE ---
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