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
Hello, i have created mt4 ea for gold but i need a skilled programmer who can polish my ea and make it real market ready with his skill and experience
I am looking for an experienced MQL5 developer to build a professional MetaTrader 5 (MT5) Expert Advisor (EA) for swing trading. Trading Pairs EUR/USD USD/JPY Timeframes Daily (D1) for trend identification. H4 for trade entries. Strategy The EA should: Detect Daily market structure (HH, HL, LH, LL) using confirmed swing highs and lows (not relying solely on ZigZag). Use DMI/ADX for trend confirmation. Open trades
JOB TITLE: XAUUSD ONLY MQL5 Strategy Developer Needed To Improve Existing MT5 EA Winrate JOB DESCRIPTION: I already have a working MetaTrader 5 Expert Advisor with a fixed set file and existing trading logic. The strategy is based on Volume Profile / Delta bias, ATR-based TP/SL, ATR deviation filtering, ATR trade spacing, break-even after TP1, and TP lock management. I am looking for an experienced MQL5 / trading
English Description (For Developers): I need a custom Expert Advisor (EA) for MT5 to trade ONLY ETHUSD based on trend-following and counter-trendline breakout-retest with an M1 execution filter and strict risk management. Trading Logic: 1. Trend Filter: Price must be below 200 EMA on both H1 and M15 timeframes for Short (Sell) trades. (Opposite for Long/Buy trades). 2. Setup: On the M15 chart, after a strong move in
Hello, I want an EA which does martingale and has hedge feature. You may be confused by what this mean entirely so reach out to me so we can talk in depth as what I have said here is very vague for someone to clearly understand. I am not paying a single dollar over $30, so don't apply if you don't agree with that. Thank you for taking your time to read this
أحتاج إلى مستشار خبير لمنصة MetaTrader 5 (MT5) مصمم كآلة حالة محدودة (FSM). يجب أن ينفذ أوامر السوق فقط بناءً على مستويات أسعار يحددها المستخدم. يجب ألا يستخدم أي مؤشرات أو تحليل فني أو أوامر معلقة أو ذكاء اصطناعي أو قرارات تداول تلقائية. يجب أن ينفذ المستشار الخبير ببساطة تسلسلًا محددًا مسبقًا لمستويات الأسعار كما يحددها المستخدم تمامًا، مع إدارة دقيقة للحالة، ودورة نشطة واحدة في كل مرة، ومعالجة الفجوات السعرية،
Message me please for the investor login. You will replicate the ea and I shall tell u some things about it, I am not paying over $100. You should have great skills. The EA can handle any market and shall not blow the account
TPO 30+ USD
Develop an MT5 EA that continuously follows market direction using one active market position and one opposite trailing pending stop order. EA must be able to work with manual trading, any MT5 indicators, Strategy Tester, Live Account, all VPS and Demo Account. EA able to trade forex, XAUUSD, Indices and Cryptocurrencies
[7/6/2026 12:24 PM] DR.HassaN: Current Phase: Comprehensive Review & Final Enhancement_ This indicator is designed for the TradingView platform. Now that the core engines have been completed, I want to enter a comprehensive review and professional enhancement phase before adding any major new features. My goal is to transform this indicator into a premium institutional-grade TradingView indicator , both in terms of
Part 1: Project setup Input settings (risk, stop loss, take profit, EMA periods) Indicator initialization Trade management framework Part 2: Trading logic EMA crossover detection Buy/Sell entry rules One-trade-per-symbol check Part 3: Risk management Automatic lot size calculation Stop-loss and take-profit placement Trade execution and error handling Part 4: Final touches On-screen information Optimization

프로젝트 정보

예산
20 - 100 USD
기한
에서 1  3 일