My first EA using Molanis Software

sotoschr · **Joined:** Fri Mar 30, 2012 11:58 pm **Posts:** 10

In this project i managed to incorporate pyramide trading style in one of the EAs that I created using Molanis software.

I did some additions in the trading conditions and there we go:

Attachment:

Molanis Pyramiding.jpg [ 192.68 KiB | Viewed 3349 times ]

The results with strategy tester (every tick mode) are not bad:

Attachment:

Strategy tester report.jpg [ 101.62 KiB | Viewed 3376 times ]

My knowledge in MQL language is not beyond the very basics but thanks to Molanis I managed to build an EA from scratch!!

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

Great.
If you want to share your work you can post the strategy file (.mol file)
We will add a feature to get the number of open positions in an easier way in the next version. This should make increasing the position easier

sotoschr · **Joined:** Fri Mar 30, 2012 11:58 pm **Posts:** 10

Attachment:

pyramiding_v1.0.mol [40.08 KiB]
Downloaded 493 times

The mol file is attached.

Also I am attaching the modifications in the EA below:

Code:

// This module returns pt=1 if open positions are long, pt=-1 if short and pt=0 if no positions are open.

int last_trade=OrdersTotal();
if(last_trade>0)
  {
   if(OrderSelect(0,SELECT_BY_POS,MODE_TRADES)==true)
     {
      if (OrderMagicNumber()==35) // This is the magic number for long positions.
      int pt = 1;
      else
      pt = -1;
     }
  }
else
 pt=0;
    
 
// Trading code starts here 
if (TradeOrAlert) {
// Check conditions


if (  CONDITIONS FOR CLOSING LONG ) 
   {  CLOSELONG(Symbol()) ;}


if (pt!=-1&& CONDITIONS FOR OPENING THE FIRST SHORT POSITION)
   {  SELL(Symbol(),S_Symbol_LS_0,...}


if ( CONDITIONS FOR CLOSING SHORT ) 
   {  CLOSESHORT(Symbol()) ;}



if (pt!=1&&CONDITIONS FOR OPENING THE FIRST LONG POSITION)
   {  BUY(Symbol(),B_Symbol_LS_3,...}



//This module reopens long positions 0.2, 0.4 and 0.8 if profit of open trades is negative (every 40 pips)

if ((   pt==1&&AccountProfit()<-506&&OrdersTotal()==3 )  )
   {  BUY(Symbol(),B_Symbol_LS_0,B_Symbol_TP_0,B_Symbol_SL_0,B_Symbol_TS_0,"i...") ;}
if ((   pt==1&&AccountProfit()<-180&&OrdersTotal()==2 )  ) 
   {  BUY(Symbol(),B_Symbol_LS_1,B_Symbol_TP_1,B_Symbol_SL_1,B_Symbol_TS_1,"if...") ;}
if ((   pt==1&&AccountProfit()<-50&&OrdersTotal()==1 )  ) 
   {  BUY(Symbol(),B_Symbol_LS_2,B_Symbol_TP_2,B_Symbol_SL_2,B_Symbol_TS_2,"if ...") ;}

// This module reopens short positions 0.2, 0.4 and 0.8 if profit of open trades is negative (every 40 pips)

if ((   pt==-1&&AccountProfit()<-506&&OrdersTotal()==3 )  )
   {  SELL(Symbol(),S_Symbol_LS_1,S_Symbol_TP_1,S_Symbol_SL_1,S_Symbol_TS_1,"if ...") ;}
if ((   pt==-1&&AccountProfit()<-180&&OrdersTotal()==2 )  )  
   {  SELL(Symbol(),S_Symbol_LS_2,S_Symbol_TP_2,S_Symbol_SL_2,S_Symbol_TS_2,"if ...") ;}
if ((  pt==-1&&AccountProfit()<-50&&OrdersTotal()==1 )  )  
   {  SELL(Symbol(),S_Symbol_LS_3,S_Symbol_TP_3,S_Symbol_SL_3,S_Symbol_TS_3,"if ...") ;}

I am sure this was not a very professional way of doing it, but it works!

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My first EA using Molanis Software