defparam cumulateorders=false
// --- settings
balance = 10000 //balance of the strategy when activated the first time
minlot = 1 //minimum lot size for the current instrument (example: 1 for DAX)
riskpercent = 2 //risk percent per trade
activationtime = 080000 //Close time of the candle to activate the strategy
LimitHour = 140000 //Time to close off strategy
//choose days of week to trade
if dayofweek=1 then //Monday
daytrading=1
endif
if dayofweek=2 then // Tuesday
daytrading=1
endif
if dayofweek=3 then // Wednesday
daytrading=1
endif
if dayofweek=4 then //Thursday
daytrading=1
endif
if dayofweek=5 then // Friday
daytrading=1
endif
if dayofweek=6 or dayofweek=7 then //Sat and Sun
daytrading=0
endif
// ---
// --- indicators
ema = exponentialaverage[150](close)
ema2 = exponentialaverage[50](close)
//set trend using highs and lows
Trend1= highest[1](high)
Trend2= highest[20](high)
Trend3 = trend2-trend1
///
Trend4= lowest[1](low)
Trend5= lowest[20](low)
Trend6 = trend4-trend5
///
EMAabove = ema2>ema
EMAbelow = ema2<ema
atr = averagetruerange[24]
hh = highest[12](high)
ll = lowest[12](low)
Long = emaabove and trend3 >0
Short = emabelow and trend6 >-1
// ---
if intradaybarindex=0 then
alreadytraded = 0
case = 0
levelhi = 0
levello = 0
endif
if onmarket or (onmarket[1] and not onmarket) or (currentprofit<>strategyprofit) then
alreadytraded = 1
endif
if time=activationtime and time<limithour then
// case 1 : If price candle touches MA (even wicks) then look at high or low of signal candle
if trend3<0 or trend6<-1 then
case = 1
levelhi = CALL"#floor and ceil"[high,10.0,1]
levello = CALL"#floor and ceil"[low,10.0,-1]
endif
//case 2 : If price is above the MA then only trade long BUT only above the highest high of the past 24 hrs
if long and case = 0 then
case = 2
levelhi = hh[1]
endif
//case 3 : If price is below the MA then only trade short BUT only below the lowest low of the past 24 hrs
if short and case = 0 then
case = 3
levello = ll[1]
endif
endif
if alreadytraded = 0 then
//money management
if case=1 then
StopLoss = 10
else
StopLoss = 10
endif
Risk = riskpercent/100
//calculate contracts
equity = balance + StrategyProfit
maxrisk = round(equity*Risk)
size = max(minlot,abs(round((maxrisk/StopLoss)/PointValue)*pipsize))
//in all cases put pending orders on market
while case <> 0 and daytrading=1 and time <=LimitHour do
if levelhi>0 then
buy size contract at levelhi stop
endif
if levello>0 then
sellshort size contract at levello stop
endif
wend
endif
//set target and profit
if onmarket then
if case = 1 then
set target profit 1*ATR
set stop ploss StopLoss
endif
if case = 2 or case = 3 then
set target profit 1*ATR
set stop ploss StopLoss
endif
endif
currentprofit = strategyprofit
//debugging
//graph case as "case"
//graph time=activationtime coloured(100,120,133) as "activation time!"
graph time
//graph ema
//graph levelhi coloured(0,200,0) as "level high"
//graph levello coloured(200,0,0) as "level low"
//graph size as "mm"
.
