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 want to study how to trading i want to be a rich man in the world i want to help people in my town i want to give some money for the charity
I am looking to purchase a ready-made trading bot / Expert Advisor that is already developed, tested, and can be used immediately. Requirements: - Must have proven live results or verified backtest performance - Maximum drawdown around 3% - Target win rate / success rate of 60 - 70% - Strong and stable risk management - Must include Stop Loss, Take Profit, Breakeven, and Trailing Stop Trading Preference: - Preferably
I'll do as you say whenever someone need me I'll be the as a forex trader who want evert one to be profitable in the coming years.always pushing and giving others good
A market structure shift EA for volatility on deriv and gives a mobile alert... EA should also identify market structure shift only for spikes in boom and crash...Demo would be appreciated for quick selection
I am looking to purchase a ready-made trading bot / Expert Advisor that is already developed, tested, and can be used immediately. Requirements: Must have proven live or verified backtest results Maximum drawdown around 3% Target win rate / success rate of 80% to 90% Stable risk management, not martingale or high-risk gambling style Must include proper Stop Loss, Take Profit, Breakeven, and Trailing Stop Preferably
I am looking for someone who can create a Forex EA for the MT5 platform based solely on observing how the program works on the MT5 platform. I have login credentials to the platform where the robot is operating. My priority is to precisely copy the strategy. It is hedging strategy
FINAL EA STRATEGY DOCUMENT (Chandelier Exit + EMA Breakout System) ------------------------------------ CORE INDICATOR - Chandelier Exit (MAIN LOGIC) - ATR Period: Editable (Default 22) - ATR Multiplier: Editable (Default 3) IMPORTANT: - ATR must NOT be shown as a separate indicator - ATR must be used ONLY internally inside Chandelier Exit - All SL & trailing must strictly follow Chandelier Exit line
1. I will pay 3000+ USD (negotiable) for an EA for existing MT5 that generates a minimum of 5% or higher a month consistently (provide source code after final deal) 2. Looking for a highly profitable EA 3. Please send demo version directly subject (Buying profitable EA Budget up to $ 3000 USD), past results and optimal settings so I can test, if it performs in a strategy tester i will also need option to forward test
I have several strategies that I want to automate. However, I need to explain the strategies and discuss the next steps. I also want to have the source code so I can backtest the setup in my trading software. And if possible, a brief introduction on how it works. But we can discuss all of this when we start working together. About the strategy: 1. Basic logic: Single Prints Both visible Single Prints (classic peaks
Darwish 30 - 100 USD
Hey, I want you to build an AI bot for buying and selling. I really like the structure and design of the information I sent you, so please use that as the base. I need the same logic and flow, but make sure it’s unique to me. The bot should handle buying and selling, and I want to control access most users get limited access, like one day, but I need a way to grant full, unlimited access if I choose. Don’t worry just

Project information

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