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
so copy trading system Create an EA-based copy trading system in English. It should support copying trades between accounts reliably and in real time. The system should include essential broker-side functions such as market orders, stop orders, limit orders, limit offset, SL/TP handling, order modification, and cancellation . The code should be clean, simplified, and production-ready
🔍 Strategy Logic 📌 Indicators Used 21 EMA RSI (Upper Level: 61, Lower Level: 39 – Customizable) 📈 Buy Side Setup (Long Entry) Step 1 – Trend Confirmation A Green candle must close above 21 EMA. Step 2 – Pattern Formation After the green candle, observe next 4 candles. At least one Red candle must form (opposite candle). That Red candle must also close above EMA. Step 3 – Key Level Marking Mark the High of the Red
Dear Developer, I am looking to hire an experienced Meta Trader4 and 5 (MQL5) Expert Advisor developer to build a custom Expert Advisor for XAUUSD (Gold). This project is based on a structured swing trading system using market structure analysis and multi-timeframe confirmation. PROJECT OVERVIEW The Expert Advisor must be designed to trade XAUUSD using the following multi-timeframe approach: • Daily (D1): Optional
Requirements Specification: Custom Trading Robot (Expert Advisor) I am looking for a qualified developer to design and build a fully automated trading robot (Expert Advisor). The system should be reliable, beginner-friendly, and capable of running with minimal manual input once installed. 1. General Purpose The robot should automatically analyze the market and execute trades. It must work on MetaTrader 4 or
Hi, I need a professional MetaTrader 5 Expert Advisor (Pure MQL5, no Python) with a built-in GUI panel and ultra-fast OnTick execution. The strategy is based only on the last two digits after the decimal point and must work in real time with high accuracy. ### Main Requirements * Pure MQL5 Expert Advisor. * Real-time OnTick processing. * Support XAUUSD and any MT5 symbol. * No fixed price levels; price must be
I am looking for an experienced MQL5 developer to build a robust, high performance Expert advisor (EA) designed specifically for passing and managing funded accounts.The primary focus is to make some good money and also focus on risk management, consistent equity growth
Expert Advisor (EA) Requirements – MT5 (MQL5) Project Overview Develop an automated Expert Advisor (EA) for MetaTrader 5 based on EMA crossover signals combined with strict risk management and trade management principles. The EA must be optimized for Forex pairs and indices and should operate automatically without manual intervention. Entry Conditions Buy Setup Fast EMA crosses above Slow EMA. Current candle closes
I am in need of a profitable scalping EA for gold. No grid or martingale strategy pls. If you have one fully developed and working, pls reach out. You should be able to provide trial version
Simple MT5 indicator showing Friday close to Monday open gap on chart. Features: · Draw horizontal line at Friday close · Label showing gap size in pips · Toggle on/off
Hi. I have the statement of the Ea live results that I want to have. Please check this video from YouTube and the statement to see how the robot is working every day. I want a robot like this or better. The robot has 1-4% drawdown and 300-500% profit per month The robot works with ICMarkets Global 1:500 leverage and FPMarkets. The robot works between 10-30 minutes London session. Also the Robot can start trading from

프로젝트 정보

예산
20 - 100 USD
기한
에서 1  3 일