Build Tradingview Strategy in MT5 EA

MQL5 エキスパート

指定

I need the existing Trading view strategy built into an MT5 EA


Strategy:

It involves 2X tradingview indicators:

- UT Bot Alerts (by QuantNomad)

- Linear Regression Candles (by LuxAlgo)


Pine Script for both of these is available and can be provided if needed.


Strategy is:

Open a buy trade when the UT Bot Alerts prints the buy signal and the current candle closes above the Linear regression line

Open the sell trade when the UT Bot Alerts prints sell signal and the current candle closes below the Linear regression line


EA Inputs:

Chart TF

Symbol

Order Comment

Order Type (Options - Buy, Sell, Both - Buy and Sell)

Initial Lot

Lot Multiplier

Magic Number

Stop Loss

Take Profit


Pyramiding

Determines how multiple orders are treated.

This EA option will only recognize positions opened by the this EA based on Magic Number.


Options

On 

All incoming trades will open without restrictions

On — If symbol & direction in profit

An incoming buy EURUSD will only open if summation of all buy EURUSDs has a profit of more than $0

Off — Either 1 Buy OR 1 Sell

If you already have 1 buy EURUSD, the sell EURUSD will not open

If you already have 1 buy EURUSD, the next buy EURUSD will not open

Off — Only 1 Buy AND 1 Sell

If you already have 1 buy EURUSD, the sell EURUSD will open

If you already have 1 buy EURUSD, the next buy EURUSD will not open


Close on Reverse

Determines the treatment of opposite signals.

This EA option will only recognise positions opened by this EA based on Magic Number.


Options

On — Hedging

When a sell signal is received, open buy positions will be closed followed by a corresponding sell position opening, and vice-versa

If you have 3 buy EURUSD positions open, an incoming sell EURUSD will result in the 3 buy EURUSD positions to close followed by the sell EURUSD opening

On — Netting

When a sell signal is received, open buy positions will be closed without opening a corresponding sell position, and vice-versa

If you have 3 buy EURUSD positions open, an incoming sell EURUSD will result in the 3 buy EURUSD positions to close with no sell position opening

Off

Incoming buy and sell signals will not affect open positions


Inputs for the Linear Regression Candle and UT Bot Alerts indicators to be built in the EA

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