Pivot Point ( for 15 minutes timeframe ) ea for mt4

Pivot Point ( for 15 minutes timeframe )  ea for mt4

BUY ENTRY : last low < pivot point and ask > pivot point and ask above last high price then open BUY position.

BUY EXIT : Hit target or last low > ask

SELL ENTRY : last high > pivot point and bid < pivot point and bid below last low price then open SELL position.

SELL EXIT : Hit target or last high > bid

Default Setting:

MagicNumber=10001

Lots = 0.1

StopLoss=50

TakeProfit=50

TrailingStop=50

You can change setting as per your need. 

Code start here : 

//+------------------------------------------------------------------+

// USE THIS EA AT YOUR OWN RISK. 

//  

// Before adding this expert advisor to a chart, make sure there are NO

// open positions.

//                      DO NOT DELETE THIS HEADER

//             DELETING THIS HEADER IS COPYRIGHT STRATEGYON.CO.IN 

//+------------------------------------------------------------------+

extern int MagicNumber=10001;

extern double Lots =0.1;

extern double StopLoss=50;

extern double TakeProfit=50;

extern int TrailingStop=50;

extern int Slippage=3;

//+------------------------------------------------------------------+

//    expert start function

//+------------------------------------------------------------------+

int start()

{

  double MyPoint=Point;

  if(Digits==3 || Digits==5) MyPoint=Point*10;

  double close = iClose(Symbol(),PERIOD_D1,1);

  double low = iLow(Symbol(),PERIOD_D1,1);

  double high = iHigh(Symbol(),PERIOD_D1,1);

  double pivot = (close+low+high)/3;

  double TheStopLoss=0;

  double TheTakeProfit=0;

  if( TotalOrdersCount()==0 ) 

  {

     int result=0;

    // if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)<Close[1])&&(High[1]<Ask)) // Here is your open buy rule

     if((Low[1] <= pivot) &&(High[1]<Ask) &&(pivot<Ask)) // Here is your open buy rule

     {

        result=OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,0,0,"EA provided by www.strategyon.co.in",MagicNumber,0,Blue);

        if(result>0)

        {

         TheStopLoss=0;

         TheTakeProfit=0;

         if(TakeProfit>0) TheTakeProfit=Ask+TakeProfit*MyPoint;

         if(StopLoss>0) TheStopLoss=Ask-StopLoss*MyPoint;

         OrderSelect(result,SELECT_BY_TICKET);

         OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(TheStopLoss,Digits),NormalizeDouble(TheTakeProfit,Digits),0,Green);

        }

        return(0);

     }

     //if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)>Close[1])&&(Low[1]>Bid)) // Here is your open Sell rule

     if((High[1] >= pivot) &&(Low[1]>Bid) &&(pivot>Bid))

     {

        result=OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,0,0,"EA provided by www.strategyon.co.in",MagicNumber,0,Red);

        if(result>0)

        {

         TheStopLoss=0;

         TheTakeProfit=0;

         if(TakeProfit>0) TheTakeProfit=Bid-TakeProfit*MyPoint;

         if(StopLoss>0) TheStopLoss=Bid+StopLoss*MyPoint;

         OrderSelect(result,SELECT_BY_TICKET);

         OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(TheStopLoss,Digits),NormalizeDouble(TheTakeProfit,Digits),0,Green);

        }

        return(0);

     }

  }

Comment ("The last day close is :", close , " low " , low , " high " , high , " pivot ",pivot );  

  for(int cnt=0;cnt<OrdersTotal();cnt++)

     {

      OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);

      if(OrderType()<=OP_SELL &&   

         OrderSymbol()==Symbol() &&

         OrderMagicNumber()==MagicNumber 

         )  

        {

         if(OrderType()==OP_BUY)  

           {

              //if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)>Bid)) //here is your close buy rule

              if(Low[1]>Bid) //here is your close buy rule

              {

                   OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),Slippage,Red);

              }

            if(TrailingStop>0)  

              {                 

               if(Bid-OrderOpenPrice()>MyPoint*TrailingStop)

                 {

                  if(OrderStopLoss()<Bid-MyPoint*TrailingStop)

                    {

                     OrderModify(OrderTicket(),OrderOpenPrice(),Bid-TrailingStop*MyPoint,OrderTakeProfit(),0,Green);

                     return(0);

                    }

                 }

              }

           }

         else 

           {

                //if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)<Ask)) // here is your close sell rule

                if(High[1]<Bid) // here is your close sell rule

                {

                   OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),Slippage,Red);

                }

            if(TrailingStop>0)  

              {                 

               if((OrderOpenPrice()-Ask)>(MyPoint*TrailingStop))

                 {

                  if((OrderStopLoss()>(Ask+MyPoint*TrailingStop)) || (OrderStopLoss()==0))

                    {

                     OrderModify(OrderTicket(),OrderOpenPrice(),Ask+MyPoint*TrailingStop,OrderTakeProfit(),0,Red);

                     return(0);

                    }

                 }

              }

           }

        }

     }

   return(0);

}

int TotalOrdersCount()

{

  int result=0;

  for(int i=0;i<OrdersTotal();i++)

  {

     OrderSelect(i,SELECT_BY_POS ,MODE_TRADES);

     if (OrderMagicNumber()==MagicNumber) result++;

   }

  return (result);

  }