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
EA fix 30 - 60 USD
Current behavior: • The EA opens an initial position (Buy or Sell) with SL and TP. • If price goes against it (10/20/30 pips), opposite positions are opened (hedging). • Only the first position has SL and TP. • When the first position hits SL or TP, all positions are closed at once. • Because of gold slippage and execution delay, this sometimes causes 10–20 pips extra loss. What I need: 1. Every opened position
//+------------------------------------------------------------------+ //| INDICES SCALPING BOT | //+------------------------------------------------------------------+ #property strict input double RiskPercent = 4.0; input int EMAtrend = 50; input int EMAPullback = 20; input int RSIPeriod = 14; input double ATRMultiplierSL = 3.0; input double ATRMultiplierTP = 2.5; double LotSize(double
I am looking for a bot that has been created and tested and confirmed profitable in a live market for Gold. The bot must be profitable and have a low drawdown. The developer will send a demo EA which I can test for myself. I am looking for more of a partnership with an experienced developer. Please no EA on demo accounts. The EA must be verifiable on real account
I am looking for a bot that has been created and tested and confirmed profitable in a live market for Gold. The bot must be profitable and be verifiable on real account and have a low drawdown. The developer will send a demo of the EA which I can test for myself. I am looking for more of an experienced developer. Please no EA on demo account
📌 Development Request – AI Precision Enhancement I would like to clarify my request clearly and precisely. The current trading strategy is strong, stable, and effective , and I do not want to modify or replace the core strategy logic in any way . The goal is only to enhance entry and exit precision , not to redesign the system. ✅ Scope of Work (Required) Please keep the existing strategy exactly as it is , and add
Are you looking for a professional and reliable MT5 Trading Bot (Expert Advisor)? I will develop a custom MT5 EMA Crossover EA based on a proven scalping strategy. 🚀 Strategy Features: ✔ 5 EMA & 9 EMA crossover entries ✔ Buy Stop / Sell Stop pending orders ✔ Fixed lot size (0.01 – no martingale) ✔ Configurable stop loss & entry distance ✔ Pending orders auto-expire after 10 seconds ✔ Works on M1 timeframe ✔ Clean
Hi, I’m looking for someone with real Build Alpha experience to help set up an index-trading ruleset inside Build Alpha. Important: This work cannot be done without full access to Build Alpha . You must already own a Build Alpha licence and actively use the platform. Please do not apply if you do not currently have Build Alpha. What needs to be set up in Build Alpha 1. Session and Time Rules • Fixed GMT trading
Fix and optimize an existing Bybit trading bot so the profit target closes and reopens trades continuously (accumulation cycle) , while the withdrawal threshold pauses the bot, converts funds, withdraws profit, resets accumulation, and resumes trading . Current issue: the bot stops after hitting profit , which must be corrected. Demo video required after completion
Fix and optimize an existing Bybit trading bot so the profit target closes and reopens trades continuously (accumulation cycle) , while the withdrawal threshold pauses the bot, converts funds, withdraws profit, resets accumulation, and resumes trading . Current issue: the bot stops after hitting profit , which must be corrected. Demo video required after completion
We're looking for a highly motivated and detail-oriented individual to fill a key position in our team. The successful candidate will be responsible for driving projects forward, analyzing complex data, and collaborating with cross-functional teams to achieve business objectives. The role requires exceptional problem-solving skills, effective communication, and adaptability in a fast-paced environment. If you're a

Project information

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