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SimpleTrendReversalEA

MT4 EA for the simple trend reversal strategy invented by mrdfx

Read more about the strategy here:

www.forexfactory.com/showthread.php?t=713593

Ideas:

• set SL x pips below/above S&R line
• Close part of position when price encounters next SR line then trail the remaining position
• calculate RR based on SL and next S&R line

Version history:

1.23

• fixed re-entry code
• added SignalInvalidAfterHours setting, which will prevent the EA from opening trades when the signal is too old
• added SignalInvalidAfterPips setting, which will prevent the EA from opening trades when price moved to far from the original signal

1.21

• small bugfix

1.18.4

• added (optional) S&R filter where EA will only open trades which are appearing at S&R levels

1.18.3

• code refactoring
• fixed trade panel showed wrong nr of pips for today's profit
• hopefully fixed bug where EA closed after changing settings

1.18.2

• fixed bug when no pairs where found
• click on pair label in open orders now opens the chart for that pair
• fixed issue where ea kept trying to close an order which was already closed

1.18.1

• fixed bug invalid pointer access in 'CPair.mqh' (537,17)
• which happened when EA was evaluating if it was allowed to do a re-entry or not

1.18

• fixed EA showed wrong nr of pips for open orders
• fixed EA closed orders too late
• added option to show only pairs with at least x valid signals
• revamped gui
• added MaxSpreadInPips: EA wont open/close trades if spread > MaxSpreadInPips
• added MaxOpenTrades: EA wont open more then MaxOpenTrades trades simultanously
• added AllowReEntries: EA won't open re-entries on same signal when enabled
• rewrote money management module to support : fixed lotsize, fixed amount dollar or percentage of equity
• code refactored

1.17

• fixed point error in zigzag
• show version, timeframe in lastupdate line
• show total pips in ea stats panel
• show SL in pips and order type on open trades
• fixed ea giving same alert multiple times

1.16

• fixed bug that mbfx showed invalid overbought signal
• fixed trendline z
• added an (optional) sma200 trendline filter
• You can now click on sa currency pair to open the chart for this pair

1.15

• added minsBetween2TradesOnSamePair . this setting specifies the nr or minutes before a new trade opened on the same pair
• added missing pairs to default settings
• changed default for mbfxcandles to 10
• added email alerts
• changed sma15 rule. price of previous candle should just now be above/under sma15 to be considered a valid signal

1.14

• fixed issue that EA did not show valid signal due to MBFX

1.13

• fixed: After a restart the EA set the stoploss at OrderSL instead of the tip of the zigzagarrow
• EA now closes the order if another arrow appears
• EA now shows open orders

1.12

• EA now shows last update/refresh time so we can check that EA is still refreshing the dashboard

1.11

• fixed news description overlapping with trade panel

1.10

• fixed ea did not open when there was upcoming news for other pairs
• new pair filter allows you to specify which pairs you want to trade

1.09

• fixed error 4107 invalid price xxx for OrderSend function
• fixed error 4107 invalid price xxx for OrderClose function

1.08

• changed default for trendline and zigzag/mbfx candles
• EA send same alert every minute
• made MA15 more restrict
• use the Point & Digit values from the order-symbol when trailing stoploss

1.07

• added news filter ( needs FFCal indicator to be installed)
• fixed dashboard refresh issue

1.06

• fixed bug with trailing stop
• fixed bug that EA was opening just 1 order even if there where valid signals on multiple pairs
• dashboard: show buy/sell signal when all indicators are valid
• cleaned up code

1.05

• fixed bug dashboard was not refreshing somtimes when switching between timeframes

1.04

• added (hidden) trailing stoploss/profit
• fixed some false signals

1.03

• added auto trading feature
• added sending notifications to mobile and alerts to alert window

1.02

• made it work on any timeframe

1.01

• EA now only show pairs where setups are starting to happen
• made moving average period and moving average type configurable
• made # candles to look back for zigzag, mbfx, trendline configurable
• fixed some small bugs

1.00

• initial version