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 modify my NT8 indicator to change its arrow printing logic so that arrows appear on the first candled dot, not after the series. no repaint and no back painting. all in real time. This will help me get timely signals. Scope of work - Modify NT8 indicator logic to print arrows on the first candled dot. - Ensure arrow print matches 90%+ accuracy compared to the current functionality. - Adjust the indicator to
What informtion would you need for Ninjatrader futures automated trading and how long would it take ? if anyone can give me answer i will be happy to discuss more about the project thanks fill free to bid to the project thanks
Hello, I need a MetaTrader 5 manual trading assistant panel (NOT an auto trading EA). MAIN IDEA This tool should work like the TradingView long/short position tool inside MT5. Trader workflow: 1) Enter Risk % 2) Enter RR ratio 3) Click SET ENTRY 4) Drag Stop Loss line on chart 5) Lot size and Take Profit calculate automatically 6) Press BUY or SELL to execute trade No trailing stop, no breakeven, no automatic trade
MT5 DEV NEEDED 60+ USD
Hello I'm looking to develop an Expert Advisor (EA) based on my existing indicator EA that uses TrendX600 on the 1-minute timeframe. My objective is to create a scalping bot that can successfully capture one box (60-second candle movement) at a time. If the EA can consistently capture one clean 60-second box without spikes, and repeat this process 4 to 5 times within 24 hours, that would meet my trading goal. To work
I have an existing MT4 MACD Convergence\Divergence indicator that I would like converted to a MT5 expert that will execute orders once a trigger is met. The existing indicator draws lines on the chart and provides a MACD indicator window. At a minimum I would like the existing MT4 indicator convert to a MT5 indicator
I’m seeking an experienced developer to create an AI-powered trading system integrated with MetaTrader 5. The scope includes delivering a fully functional MT5 module, an AI component a compatible language, and complete source code for both. This will focus exclusively on the core trading logic and AI integration UI elements or dashboards are not required. Apply only if you have proven experience with AI integrations
I’m seeking an experienced developer to create an AI-powered trading system integrated with MetaTrader 5. The scope includes delivering a fully functional MT5 module, an AI component a compatible language, and complete source code for both. This will focus exclusively on the core trading logic and AI integration UI elements or dashboards are not required. Apply only if you have proven experience with AI integrations
Dark venus mt5 30+ USD
Dark venus mt5 robot free download is opetion is not available plz am trying this plz help me download opetion of dark venus mt5 robot thank am waiting for your reply help me and opetion of download for robot
I want a prop-firm–compliant trading robot, not a fast or aggressive one. Objectives: – Pass a prop firm challenge safely within 2–4 weeks, not 1 week. – Focus on capital protection first, profit second. Risk & Money Management: – Risk per trade: 0.25%–0.5% max – No martingale, no grid, no recovery trading – One position per signal (optional scaling only after BE) – Global daily risk cap: 1%–1.5% – Respect both daily
Requirements: - Convert my written trading rules into TradingView Pine strategy - Then convert into MT5 EA - Entry must be next candle open after signal candle close - Stop loss on signal candle high/low - Position sizing: fixed % risk per trade - Portfolio risk cap across symbols - One trade per symbol at a time - Must understand backtesting differences (spread, slippage, fill logic) Important: I want to be able to

Project information

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