Currency Strength Algorithm

MQL5 Experts

Job finished

Execution time 20 hours
Feedback from customer
I hired Navdeep to help me work on a personal project where my ability with MQL5 was lacking. He completed the job within a few hours and helped me with numerous questions after the handover
Feedback from employee
Happy to help

Specification

Hello,

I have developed a strategy but I'm struggling to write the MQL5 code and it's easier for me to get some help rather than continue struggling.

I will explain the part of the strategy I need help with in basic code but I need help writing this in MQL5 as 1. I can't figure out how to calculate the moving average of a source that isnt OHLC, and 2. I cant think how to store that as an array. I have commented the sections below:


lookback_period = 50

//------ Get RSI Values for all 28 Pairs

double audcad = rsi("AUDCAD",lookback_period)
double audchf = rsi("AUDCHF",lookback_period)
double audjpy = rsi("AUDJPY",lookback_period)
double audnzd = rsi("AUDNZD",lookback_period)
double audusd = rsi("AUDUSD",lookback_period)
double cadchf = rsi("CADCHF",lookback_period)
double cadjpy = rsi("CADJPY",lookback_period)
double chfjpy = rsi("CHFJPY",lookback_period)
double euraud = rsi("EURAUD",lookback_period)
double eurcad = rsi("EURCAD",lookback_period)
double eurchf = rsi("EURCHF",lookback_period)
double eurgbp = rsi("EURGBP",lookback_period)
double eurjpy = rsi("EURJPY",lookback_period)
double eurnzd = rsi("EURNZD",lookback_period)
double eurusd = rsi("EURUSD",lookback_period)
double gbpaud = rsi("GBPAUD",lookback_period)
double gbpcad = rsi("GBPCAD",lookback_period)
double gbpchf = rsi("GBPCHF",lookback_period)
double gbpjpy = rsi("GBPJPY",lookback_period)
double gbpnzd = rsi("GBPNZD",lookback_period)
double gbpusd = rsi("GBPUSD",lookback_period)
double nzdcad = rsi("NZDCAD",lookback_period)
double nzdchf = rsi("NZDCHF",lookback_period)
double nzdjpy = rsi("NZDJPY",lookback_period)
double nzdusd = rsi("NZDUSD",lookback_period)
double usdcad = rsi("USDCAD",lookback_period)
double usdchf = rsi("USDCHF",lookback_period)
double usdjpy = rsi("USDJPY",lookback_period)

//----- Find Individual Currency Strength

double aud = (audcad+audchf+(100-euraud)+(100-gbpaud)+audjpy+audnzd+audusd)/7;
double cad = ((100-audcad)+cadchf+(100-eurcad)+(100-gbpcad)+cadjpy+(100-nzdcad)+(100-usdcad))/7;
double chf = ((100-audchf)+(100-cadchf)+(100-eurchf)+(100-gbpchf)+chfjpy+(100-nzdchf)+(100-usdchf))/7;
double eur = (euraud,eurcad+eurchf+eurgbp+eurjpy+eurnzd+eurusd)/7;
double gbp = (gbpaud,gbpcad+gbpchf+(100-eurgbp)+gbpjpy+gbpnzd+gbpusd)/7;
double jpy = ((100-audjpy)+(100-cadjpy)+(100-chfjpy),(100-eurjpy)+(100-gbpjpy)+(100-nzdjpy)+(100-usdjpy))/7;
double nzd = ((100-audnzd)+nzdcad+nzdchf+(100-eurnzd)+(100-gbpnzd)+nzdjpy+nzdusd)/7;
double usd = ((100-audusd)+usdcad+usdchf+(100-eurusd)+(100-gbpusd)+usdjpy+(100-nzdusd))/7;



//---- Now I need a function to take one of the individual currency strengths and calculate 2 moving averages, subtracting the smaller moving average from the larger one. The problem is 1. finding the moving average of a source that isnt OHLC, and 2. storing that as an array to be able to identify crossovers etc:

int signal(double data_currency)
{
        int signal_output = 0;

        delta[] = ema(data_currency,50) - ema(data_currency,200) // This needs to be an array so that I can calculate when delta crosses above or below 0. This is the entry criteria
        
        if(delta[0] > 0 && delta[1] < 0) //delta crosses above 0
                signal_output = 1;

        if(delta[0] < 0 && delta[1]) > 0 //delta below above 0
                signal_output = -1;

        return(signal_output);
}
    


This should be a simple fix for someone who knows the solution!


Responded

1
Developer 1
Rating
(322)
Projects
499
67%
Arbitration
5
40% / 0%
Overdue
4
1%
Free
Published: 8 codes
2
Developer 2
Rating
(5)
Projects
7
29%
Arbitration
0
Overdue
0
Free
Similar orders
I’m looking for an experienced NinjaTrader 8 developer to build an automated strategy using the Imbalance Profile Lidar indicator by ninZa.co on MNQ DEC26 with a 3000-volume chart . Requirements: Enter Long when a blue absorption dot appears below price with an absorption value. Enter Short when a pink absorption dot appears above price with an absorption value. Stop loss: 15 ticks behind the signal dot price . Take
Ola, Tenho um Bot mas parou de funcionar, preciso de programador que desenvolva o mesmo configurações. Envio o antigo bot para pegar as configurações e realizar outro modelo. Hello, I have a bot that has stopped working, and I need a programmer to develop one with the same settings. I can send the old bot so you can extract the settings and build a new version
I have a simple EA that trades based on pending orders I need it to be converted to cTrader am looking for expert developer that have experience in ctrader that can convert metatrader 5 robot to ctrader
SPECIAL BAR EA 30+ USD
Hello Dear Coders , Here is a strategy with calculations on a specific bar ,sould be implemented carefully. Calculation on the bar needs math at some degree . trade numbers and trade results should be written right below the specific bar . Vague points should be cleared before starting coding. below is the %80 of full strategy and its explanations , the full will be given after selecting developer. POSITIONS ON A
Hello, I'm looking to develop a Forex Expert Advisor (EA) for MetaTrader 5 (MT5). I have an existing strategy and I'm looking for a complete solution developed from scratch. The main requirements are: Strategy research and development profitable trading objectives. Automated Forex trading with clearly defined entry and exit rules. Risk management, including stop-loss, take-profit, and position sizing. Backtesting and
Hello Developers, I am looking for an experienced MQL5 developer to build a custom Expert Advisor (EA) for MetaTrader 5 (MT5) based on ICT (Inner Circle Trader) concepts and Support/Resistance price action. Key Features & Strategy Requirements: 1. Market Structure & Price Action: - Identify Support and Resistance zones automatically. - Detect Break of Structure (BOS) and Change of Character (CHoCH). - Identify
A video of the front end project is attached or uploaded in the link for view, the project is to build web app trader for login of mt4 / mt5 login and trades, the Web app is still under development your ideas matter in this project feel free to share ideal regards this project if you are good in Visual studio 2022 VS code and have handled C++ projects before on multiple situation this project might be yours. UI/UX
I am looking for an experienced MQL5 developer to build a fully automated MT5 Expert Advisor for XAUUSD. The trading rules are already defined. I need the developer to implement them accurately in MQL5, not redesign the strategy. Main requirements: XAUUSD Multi-timeframe logic: H1 direction, M15 setup, M5 entry Entry only after candle-close confirmation No repainting / closed-bar logic Configurable Stop Loss and Take
I’m looking for a professional and experienced developer to build an automated Pocket Option trading bot. Requirements: Trade OTC stocks, crypto, and currencies. AI-assisted market analysis and trade signals. Automatic entry/exit based on the implemented strategy. Execute 5 trades, then pause for 10 minutes before continuing. Adjustable trade amount. Configurable risk management, including stop-loss/take-profit where
I have an existing order-flow engine for NinjaTrader 8, approximately 25,000 lines of C# code, currently using Rithmic Level 2 data. It detects absorption, iceberg orders, and other order-flow signals. We have also developed an initial bridge prototype ourselves and tested parts of the R|Trader Pro to NinjaTrader connection workflow, but we have not yet established a working MBO data connection. I am specifically

Project information

Budget
30+ USD
Deadline
from 1 to 2 day(s)