// Wyckoff EA for MetaTrader 4 #property copyright "Copyright 2022, OpenAI" #property link "https://openai.com" #property version "1.0" #include <Trade\Trade.mqh> #include <Arrays\ArrayMath.mqh> #include <Arrays\ArrayPosition.mqh> input int wyckoffPeriod = 10; // Number of bars to use for Wyckoff analysis input bool longTrades = true; // Enable long trades input bool shortTrades = true; // Enable short trades input double stopLoss = 50; // Stop loss in points input double takeProfit = 100; // Take profit in points int tickerPos; // Current ticker position in the chart int wyckoffPosition; // Current Wyckoff position (accumulation, markup, etc.) // Wyckoff positions enum WyckoffPosition { WP_UNKNOWN = -1, WP_ACCUMULATION = 0, WP_MARKUP = 1, WP_DISTRIBUTION = 2, WP_MARKDOWN = 3 }; // Wyckoff trade types enum WyckoffTradeType { WTT_UNKNOWN = -1, WTT_BUY = 0, WTT_SELL = 1 }; // Wyckoff trade struct WyckoffTrade { WyckoffTradeType type; int bar; double price; }; // Initialize EA void OnInit() { // Get current ticker position tickerPos = iBars(NULL, 0); } // Process tick void OnTick() { // Check if EA is allowed to trade if (!IsTradeAllowed()) return; // Get current Wyckoff position wyckoffPosition = GetWyckoffPosition(); // Check if we are in a Wyckoff position if (wyckoffPosition == WP_UNKNOWN) return; // Check if trades are enabled for the current Wyckoff position if ((wyckoffPosition == WP_ACCUMULATION && !longTrades) || (wyckoffPosition == WP_MARKUP && !longTrades) || (wyckoffPosition == WP_DISTRIBUTION && !shortTrades) || (wyckoffPosition == WP_MARKDOWN && !shortTrades)) return; // Get last Wyckoff trade WyckoffTrade lastTrade; GetLastTrade(lastTrade); // Check if there is a last trade if (lastTrade.type == WTT_UNKNOWN) { // No last trade, open a new trade OpenTrade(); return; } // Check if trade has reached take profit or stop loss if (IsTradeExpired(lastTrade)) { // Trade expired, close it and open a new one CloseTrade(lastTrade); OpenTrade(); return; } // Get current Wyckoff position wyckoffPosition = GetWyckoffPosition(); // Check if we are in a Wyckoff position if (wyckoffPosition == WP_UNKNOWN) return; // Check if trades are enabled for the current Wyckoff position if ((wyckoffPosition == WP_ACCUMULATION && !longTrades) || (wyckoffPosition == WP_MARKUP && !longTrades) || (wyckoffPosition == WP_DISTRIBUTION && !shortTrades) || (wyckoffPosition == WP_MARKDOWN && !shortTrades)) return; // Get last Wyckoff trade WyckoffTrade lastTrade; GetLastTrade(lastTrade); // Check if there is a last trade if (lastTrade.type == WTT_UNKNOWN) { // No last trade, open a new trade OpenTrade(); return; } // Check if trade has reached take profit or stop loss if (IsTradeExpired(lastTrade)) { // Trade expired, close it and open a new one CloseTrade(lastTrade); OpenTrade(); return; } } void OpenTrade() { // Open a new Wyckoff trade } void CloseTrade(WyckoffTrade trade)
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