# Firebird_v0.57.mq4

```//+-----------------------------------------------------------------------------+
//|                              Firebird v0.57 - MA envelope exhaustion system |
//+-----------------------------------------------------------------------------+

//            \\|//             +-+-+-+-+-+-+-+-+-+-+-+             \\|//
//           ( o o )            |T|r|a|d|e|r|S|e|v|e|n|            ( o o )
//    ~~~~oOOo~(_)~oOOo~~~~     +-+-+-+-+-+-+-+-+-+-+-+     ~~~~oOOo~(_)~oOOo~~~~
// Firebird calculates a 10 day SMA and then shifts it up and down 2% to for a channel.
// For the calculation of this SMA either close (more trades) or H+L (safer trades) is used.
// When the price breaks a band a postion in the opposite of the current trend is taken.
// If the position goes against us we simply open an extra position to average.
// 50% of the trades last a day. 45% 2-6 days 5% longer or just fail.
//
//01010100 01110010 01100001 01100100 01100101 01110010 01010011 01100101 01110110 01100101 01101110
//----------------------- USER INPUT
extern int MA_length = 10;
extern double Percent = 2;
extern int MAtype=1;//0=close, 1=HL
extern int slip = 100;//exits only
extern int Lots = 1;
extern int TakeProfit = 30;
extern int Stoploss = 200;// total loss on all open positions in pips
//extern double TrailingStop = 5;
extern int PipStep = 30;//if position goes this amount of pips against you add another.
extern double IncreasementType =0;//0=just add every PipStep,  >0 =OrdersToal()^x *Pipstep
double Stopper=0;
double KeepStopLoss=0;
double KeepAverage;
double dummy;
double CurrentPipStep;
int OrderWatcher=0;
//----------------------- MAIN PROGRAM LOOP
int start()
{
double PriceTarget;
double AveragePrice;
int OpeningDay;

//----------------------- CALCULATE THE NEW PIPSTEP
CurrentPipStep=PipStep;
if(IncreasementType>0)
{
CurrentPipStep=MathSqrt(OrdersTotal())*PipStep;
CurrentPipStep=MathPow(OrdersTotal(),IncreasementType)*PipStep;
}

//-----------------------
int Direction=0;//1=long, 11=avoid long, 2=short, 22=avoid short

{
int cnt=0, total;
total=OrdersTotal();
if(total==0) OpeningDay=DayOfYear();
OrderSelect(total-1, SELECT_BY_POS);
double LastPrice=OrderOpenPrice();

//----------------------- ENTER POSITION BASED ON OPEN
OrderWatcher=0;
if(MAtype==0)
{
if((iMA(NULL,0,MA_length,0,MODE_SMA,PRICE_OPEN,0)*(1+Percent/100))=(LastPrice+(CurrentPipStep*Point))||total==0)) // Go SHORT -> Only sell if >= 30 pips above previous position entry
{
OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),0,0,Red);
OrderWatcher=1;
Direction=2;
}
if((iMA(NULL,0,MA_length,0,MODE_SMA,PRICE_OPEN,0)*(1-Percent/100))>Ask && Direction!=11 && (Ask<=(LastPrice-(CurrentPipStep*Point))||total==0)) // Go LONG -> Only buy if >= 30 pips below previous position entry

{
OrderWatcher=1;
Direction=1;
}
}

//----------------------- ENTER POSITION BASED ON HIGH/LOW
if(MAtype==1)
{
if((iMA(NULL,0,MA_length,0,MODE_SMA,PRICE_HIGH,0)*(1+Percent/100))=(LastPrice+(CurrentPipStep*Point))||total==0)) // Go SHORT -> Only sell if >= 30 pips above previous position entry
{
OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),0,0,Red);
OrderWatcher=1;
Direction=2;
}
if((iMA(NULL,0,MA_length,0,MODE_SMA,PRICE_LOW,0)*(1-Percent/100))>Ask && Direction!=11 && (Ask<=(LastPrice-(CurrentPipStep*Point))||total==0)) // Go LONG -> Only buy if >= 30 pips below previous position entry
//  if((iMA(NULL,0,MA_length,0,MODE_SMA,PRICE_LOW,0)*(1-Percent/100))>Ask && (Ask<=(LastPrice-(PipStep*Point))||total==0)) // Go LONG -> Only buy if >= 30 pips below previous position entry

{

OrderWatcher=1;
Direction=1;
}
}
//----------------------- CALCULATE AVERAGE OPENING PRICE

total=OrdersTotal();
AveragePrice=0;

if(total>1 && OrderWatcher==1)
{
for(cnt=0;cnt1)// && OrderSymbol()==Symbol()) // Calculate profit/stop target for long
{
PriceTarget=AveragePrice+(TakeProfit*Point);
Stopper=AveragePrice-(((Stoploss*Point)/OrdersTotal()));
}
if(OrderType()==OP_SELL && OrderWatcher==1 && total>1)// && OrderSymbol()==Symbol()) // Calculate profit/stop target for short
{
PriceTarget=AveragePrice-(TakeProfit*Point);
Stopper=AveragePrice+(((Stoploss*Point)/OrdersTotal()));
}
//----------------------- IF NEEDED CHANGE ALL OPEN ORDERS TO THE NEWLY CALCULATED PROFIT TARGET
if(OrderWatcher==1 && OrdersTotal()>1)// check if average has really changed
{
total=OrdersTotal();
for(cnt=0;cnt0)
{
KeepStopLoss=OrderStopLoss();
KeepAverage=AveragePrice;
Direction=1;//long
else Direction=2;//short
}

if(KeepStopLoss!=0)
{
{
// a stoploss was hit
if(Direction==1) Direction=11;// no more longs
if(Direction==2) Direction=22;// no more shorts
}
KeepStopLoss=0;
}

}
}
//----------------------- TO DO LIST
// 1st days profit target is the 30 pip line *not* 30 pips below average as usually. -----> Day()
// Trailing stop -> trailing or S/R or pivot target
// Realistic stop loss
// Avoid overly big positions
// EUR/USD  30 pips / use same value as CurrentPipStep
// GBP/CHF  50 pips / use same value as CurrentPipStep
// USD/CAD  35 pips / use same value as CurrentPipStep

//----------------------- OBSERVATIONS
// GBPUSD not suited for this system due to not reversing exhaustions. Maybe use other types of MA
// EURGBP often sharp reversals-> good for trailing stops?
// EURJPY deep pockets needed.```