I need a simple EA program based on RVI study (calculations included). The original program was written in Thinkscript. I need that converted to MQL4

MQL4 EA

명시

Hi,  I need an EA based on the following thinkscript program. The program is simple and self explanatory. Let me know if there are any questions.  I will need the actual script of the program so that I can  modify it.  

 Thank you. 

Input RVIlength =2;

Input Investment = 1000;

input No_Share_To-Buy =  Investment /close;


def highPrice = StDev(high, 2);

def lowPrice = StDev(low, 2);
def highAvgUp = ExpAverage(if high > high[1] then highPrice else 0, RVIlength);
def highAvgDown = ExpAverage(if high < high[1] then highPrice else 0, RVIlength);
def lowAvgUp = ExpAverage(if low > low[1] then lowPrice else 0, RVIlength);
def lowAvgDown = ExpAverage(if low < low[1] then lowPrice else 0, RVIlength);
def highRVI = 100 - 100 / (300 + highAvgUp / highAvgDown);
def lowRVI = 100 - 100 / (300 + lowAvgUp / lowAvgDown);
def RVI = (highRVI + lowRVI) / 2;

 

//the following  is a simple moving average//

def AVGRVI =  (MovingAverage(data = RVI, length =RVIlength));

def AvgRVI_V = if AVGRVI[-1]-AVGRVI>0 and AVGRVI-AVGRVI[1]<0 then 1 else 0;

def AvgRVI_H = if AVGRVI[-1]-AVGRVI<0 and AVGRVI-AVGRVI[1]>0 then 1 else 0;

def AVGRVI_Slope_Up = if AVGRVI-AVGRVI[1] >0 then 1 else 0;

def AVGRVI_Slope_down = if AVGRVI-AVGRVI[1] >0 then 1 else 0; 

/////////////////////////////////////////////////////////////////////////////////////////////////////// 

//And here are the Buy to Open (BTO), Sell to Close (STC) and STO and BTC sell signals:

def BTO = if AvgRvi_Valley==1 and AVGRVI_Slope_Up==1  then 1 else 0;

def STC = if  AvgRvi_hill==1   then 1 else 0;

def STO = if AvgRvi_hill[1]==1  and AVGRVI_Slope_Down==1  then 1 else 0;

def BTC = if AvgRvi_Valley[-1]==1 then 1 else 0;

//Please note that every STO is exactly one tick after the STC and every BTO is exactly one tick following the BTC (ie, the entire pairs chart is divided into buy or sell with no gaps in between unless the sale is going in the wrong direction within 3 ticks of the purchase. In other words, if the BTO doesn't generate a profit of any amount within the first three ticks, I'd take the loss in that trade and close the position. Same thing for STO positions. That too needs to lead to a positive P&L within the first three ticks (I don't care if after the third tick it doesn't generate a positive P&L-as a matter of fact, I would like the program to disregard the P&L past the first three ticks and not to close the position). The way I programmed that in Thinkscript is to assign a Timer to keep track of the P&L within only the first three ticks of any new BTO or STO signals.  IN MQL there may be easier ways to accomplish this than in thinkscript, but the following is my explanation of my workaround this issue which may help. 

 //The following will keep track of how many ticks has passed since the position was first opened regardless of how many more open signals are generated between that time and the time this trade position is closed  

Def BTO/STO_Timer = if (BTO ==1 or STO==1) then BTO/STO_Timer[1]+1 else if (STC ==1 or BTC==1) then 0 else BTO/STO_Timer[1]+1

//the following will remember the opening price of each position regardless of how many more Open signals are generated between that time and the time this trade position is closed  

Def BTO/STO_Price = if (BTO == 1 or STO ==1)  then Close else if (STC == 1 or BTC==1) then 0 else BTO/STO_Price[1];

//the following will generate the close signals if the P&L within the first three ticks of the new position is not going in the right direction.   

def StopLoss_STC = if BTO_Price > close and BTO[3]==1 and BTO/STO_Timer[3]<3 then 1 else  0;

def StopLoss_BTC = if STO_Price < close and STO[3] ==1 and BTO_Timer[3]<2 then 1 else 0;

  /////////////////////////////////////////////////////////////////////////////////////////////////////

//Lastly I need to Generate the BTO  and STO...  signals to auto_purchase the number of units as calculated in  "No_Share_To-Buy" with the signal above,

//I  need to generate STC  signal which closes the position  with either STC or StopLoss_STC

// and  to generate BTC  signal which closes the position with either BTC or StopLoss_BTC

 

BTW, I don't care if the program is in MQL4 or MQL5. Whichever is more convenient. 

Thank You,


David 

응답함

1
개발자 1
등급
(195)
프로젝트
395
28%
중재
155
20% / 52%
기한 초과
112
28%
무료
2
개발자 2
등급
(46)
프로젝트
73
16%
중재
13
8% / 92%
기한 초과
37
51%
무료
비슷한 주문
Subject: Looking for an Experienced MQL Developer for Long-Term Collaboration (Mechanical Strategy) Hello everyone, I am reposting my request from last year. Due to work commitments, I couldn't dedicate time to this project back then, but now I am fully ready to move forward. I am looking for a highly experienced, verified MQL4/MQL5 programmer to automate my trading strategy. About the project: Rule-based &
Should be as it but no alarms, also we need to add a deep search so he can see all the preves candles and a memory function so its not slowing down the indicator. for higher time frames daily 4h 1h around 365 days and for lower time frames we do up to 20k bars but both flexible so i can change it later. the memory is important so the indicator is not always recalculating everything when a new candle shows especially
Creating a bot using the Parabolic indicator with a simple interface.. I want a bot that uses the Parabolic SAR indicator only, with these orders attached to it. Boot name : HEMIN .FX Magic number : 000000 …………………………………………………. Trade behavior : regular OR inverse OR only long "buy" OR only short "sell" Timeframe : ………… Period: ……… ………………………………………………….. Lot size : ……………… Break even in points : …
I am looking for an experienced MQL5 EA developer to develop an MT5 EA by the observable trading behaviour from a supplied live XAUUSD trade history . The EA appears to use a simple grid/recovery/hedging strategy with alternating BUY/SELL positions and progressive lot sizes. I need the developer to Develop the EA for MT5 / XAUUSD . Reproduce the observed entry, grid/add-on, recovery/hedging, lot progression and
Project: Fix & Schedule My Dual Fibo Standard Fibonacci Bot I have an existing MQ4 expert advisor called "Dual Fibo Standard Fibonacci". It needs to process 1,000 clients. Right now it runs blindly with no schedule and takes way too long. I need you to optimize it so it runs like a professional business with a 50-100 batch printed stamp copy progress log. Please reply with your numbers for this simple layout: * Phase
Gold robot 30+ USD
Yes. This screen is asking you to write the Requirements Specification for your Gold/XAUUSD trading robot. Since you want your DEEPTHINK X10 institutional-style MT5 system , use this ready-to-paste specification: DEEPTHINK X10 GOLD ROBOT – MT5 EXPERT ADVISOR REQUIREMENTS Develop an advanced MetaTrader 5 Expert Advisor (EA) for XAUUSD (Gold) scalping based on a multi-factor DEEPTHINK X10 trading framework. 1. MARKET -
Need an MQL5 Expert Advisor for MT5 that automates my manual trading strategy. Entry logic: Enter only when trend direction, support/resistance level, and RSI all align (Triple Confirmation). Extra confluence from Smart Money Concepts (order blocks, Fair Value Gaps, BOS/CHoCH). Risk rules: 1% risk per trade, minimum 1:2 risk-reward, stop-loss at structure levels (not fixed pips). Must-haves: Works on Islamic
I am looking for a developer experienced in EAs, MT5 and trade management optimization to help me add an intelligent early-exit system to my existing XAUUSD trading robot. The EA is already fully functional and performs best on the M15 timeframe. The entry strategy, BUY/SELL logic, sessions and core structure are already implemented. The work should focus exclusively on adding early exits for trades that are
PHANTOM PROTOCOL V1 35 - 150 USD
PHANTOM PROTOCOL V1 – MT5 EXPERT ADVISOR SPECIFICATION Develop a professional MetaTrader 5 (MT5) Expert Advisor named “PHANTOM PROTOCOL V1”. PRIMARY MARKET: - XAUUSD (Gold) - Designed primarily for M15 and H1 timeframes. - The EA must work with both 3-digit and 2-digit gold pricing where applicable. TRADING LOGIC: Use pure price-action and market-structure analysis rather than relying on a single indicator. The EA
Wanna Create A Trading Robot That Uses Liquidity Sweep And Smart Money Concept EA That Works On PC. I want A Developer Who Can Program Exactly My Strategy That Will Be Shared on A Video Upon The Selection. it Should Follow My Rules .It has To be able To Read Price Action, followed By Liquidity Sweep Areas And Combine with Smart Money Concept Knowledge. We Will Talk about Parameters later on . The robot should be able

프로젝트 정보

예산
20 - 100 USD
기한
에서 1  3 일