/*[[
	Name := BudFoxxOfWallStreetNewIdea!v2
	Author := Bud Foxx
	Link := http://finance.groups.yahoo.com/group/MetaTrader_Experts_and_Indicators/
	Lots := 0.10
	Stop Loss := 0
	Take Profit := 0
	Trailing Stop := 0
]]*/

If TimeYear(T) < 2006 then exit;

Define : Hmm(1),risk(25);

Variables: popen(0),phigh(0),plow(0),pmedian(0),copen(0),spread(0),lotsi(0),int(0);

popen = Open[1];
phigh = High[1];
plow = Low[1];
pmedian = (H[1]+L[1])/2;
copen = Open[0];
spread = (Ask-Bid);

If (CurTime-LastTradeTime) < 10 then exit;

if Hmm<>0 then
 {
  lotsi=Ceil(Balance*risk/10000)/10;
 }
else
 {
  lotsi=Lots;
 }
If lotsi < 0.10 then
 { lotsi = 0.10;
 }
If lotsi > 50 then
 { lotsi = 50;
 }

For int = 1 To TotalTrades
 {
  If (Ord(int,VAL_SYMBOL) == Symbol) Then
   {
    If (Ord(int,VAL_OPENTIME) < Time[0]) Then
     {
      CloseOrder(Ord(int,VAL_TICKET),Ord(int,VAL_LOTS),Ord(int,VAL_CLOSEPRICE),0,White);
     }
   }
 };

If (TotalTrades <= 0) Then
 {
  If ((copen < phigh) and (copen > plow) and (copen > pmedian) and (Bid >= copen+spread)) Then
   {
    SetOrder(OP_SELL,lotsi,Bid,3,0,0,Gold); 
   }
  If ((copen < phigh) and (copen > plow) and (copen < pmedian) and (Ask <= copen-spread)) Then
   {
    SetOrder(OP_BUY,lotsi,Ask,3,0,0,Gold);
   }
 };
//Comment("spread   ",spread,"   ,   ",copen+spread,"  ,  ",copen-spread);
Exit;