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 to acquire an existing, profitable Expert Advisor (EA) with full source code to add to our client investment portfolio. To be clear, this is not a request to develop or design a new strategy. If you already have an EA that is proven, consistent, and production-ready, I’m open to reviewing it immediately. Please apply only if you meet all the requirements below. Submissions without a proper introduction or
Sniper 30+ USD
Hello, I would like you to develop a trading robot (EA) with the following specifications: The robot should be able to target large moves, ideally 60–100 pips or more per trade. It should use high-precision “sniper” entries, focusing on high-probability setups rather than frequent trades. Once the initial trade reaches breakeven, the robot should be able to add additional positions (scale in) while maintaining strict
True 30+ USD
Hello, I would like to commission the development of a trading robot (EA) designed specifically to pass a prop firm challenge within one week, with a maximum allowable drawdown of 2%. Key requirements: Strict risk management with drawdown hard-limits Controlled lot sizing and position management Strategy focused on high-probability, low-risk entries Full compliance with prop firm rules (daily drawdown, max drawdown
I want you to help me and create a sniper entry robot and with proper risk management that follow trend and when is not going to the direction it exit
I need an MQL5 Expert Advisor fixed and compiled. Symbol: XAUUSD Timeframe: M1 Strategy: - Pending order breakout using last 3 candles - Buy Stop +4 points above range - Sell Stop -4 points below range - Lot size: 0.01 fixed - No martingale, no grid, no trailing stop Exits: - Take Profit: 8–10 points - Stop Loss: 10–12 points - Time-based exit: ~75 seconds Risk rules: - Trade only between 09:00 and 17:00 - Max spread
I have been trading manually for years by disciplining myself to follow a rigorous risk management system and using entry and exit strategies crafted from Implied Volatility(IV), Real Volume ,RSI and Moving Average ,but never had I automated the entire system until now . I have just completed the automation of the gold Expert Advisor and the results are astonishing .Below you'll see the graph and a statistics file
Hello budget 30$ I have range breakout expert advisor with pending orders, when the range is complete, the expert sends pending orders, I need to add an option so that when the range is complete, the expert advisor doesn't send pending orders, when the price exceeds the range, the position is opened, executive Orders. I need to make new option True/False True = Executive Orders. False = Pending orders I want the
Wealth Ascent 30 - 50 USD
MASTER PROMPT: Advanced Multi-Strategy Trading Robot Role: You are a senior quantitative trader, algorithmic trading engineer, and risk manager with 10+ years of experience in crypto, forex, and indices markets. Goal: Design a robust, automated trading robot that integrates multiple proven trading strategies and focuses on long-term, risk-adjusted profitability, capital preservation, and adaptive market behavior. ---
I got access to a trial mt5 EA(only ex5 and not mql5 file) which is an ultra fast scalper on gold that operates only using pending orders which is working absolutely insane when backtesting or live trading using demo account but when you try to back test it on a live/real account the results are horrible !...both demo and real accounts belong to the same broker both same leverage and same type spread wise but the EA
Hi , I need an MT4 EA with the following requirements (BUY only): BUY only: The EA must open BUY trades only . No sell orders at all. Pending orders on objects (Touch trigger, no candle close): I draw objects on the chart: Trendline / Rectangle (Box) / Horizontal Line . The EA places a BUY pending order exactly at the object price so it triggers when price touches the object. For a trendline, the EA must continuously

Project information

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