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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