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 전문가

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
I am looking for an experienced MQL5 developer to build a professional, fully automated Expert Advisor (EA) for MetaTrader 5 . This project is focused on risk-controlled, long-term consistency , not unrealistic promises. 🧑‍💻 Developer Requirements (Very Important) Please apply only if you meet these criteria : ✅ Rating 4.7+ ✅ 50+ completed jobs (more is better) ✅ 3+ years experience with MQL5 ✅ Strong understanding
1. Trading Idea & Project Goal This is a Market Filter Scanner , not a trading robot. Its sole purpose is to automate the identification of high-probability price action setups across multiple symbols. The tool must scan markets, apply a strict set of objective rules to closed candles only , and alert me with a sound when a setup is found. This MVP (Minimal Viable Product) version is deliberately simplified to
## Project Summary I am hiring an experienced *MQL5 developer* to convert an existing *Heikin Ashi–based scalping strategy (currently written in Pine Script)* into a fully automated Expert Advisor for *MetaTrader 5*. The trading logic already exists. Your role is implementation, execution reliability, and engineering improvements — particularly eliminating trades during consolidation/ranging markets. This is a custom
Hi, I want to develop an EA that replicates the logic of a bot I’m currently watching on a live account. The bot has grown an account from $500 to $60k in 3 weeks using a specific 'Buy Stop/Sell Stop' strategy with 0.03 lots. I have the Investor Password and Trade History. Can you analyze the execution patterns and build a replica for me? Let me know your experience with this kind of task. message me for account
Good day to you all i need an mt5 version of the attached Indicators currently i have its mt4 source code but the indicator has the following problem it give signal after the finished bar in some case this signal disappear if the signal is false i want to know if you have its mt5 version then we can discuss the possibility of modify it so that instead of deleting the false signal it will regenerate another reversed
I need a AI signal generating bot for forex trading that use the latest ai technology to track real time forex market, analyse and give signals. The bot should operate such that when i put it in a chart it will analyse the market, after several minutes it will display whether the trade is buying or selling. It should display the one minute, five minute,15minute, 30 minute, one hour, 4 hours and daily time frame
1. Objective A fully automated trading bot that: • Trades USD-quoted assets (forex pairs like EUR/USD, GBP/USD, crypto markets with USD trading pairs, and USD-denominated stocks/ETFs). • Uses real-time data to detect trends and place entries/exits based on multiple strategies. • Maximizes profit while maintaining robust risk controls and drawdown limits. 2. High-Level Architecture Components Component Purpose Data
Hello I want to convert my tradingview indicators into Ninja trader can anyone help me with it it is urgent and I will like to discuss more about it to you if you can help me Kindly do well to bid on it
I need a custom MT5 Expert Advisor with the following rules: Strategy: - Timeframe: M15 (adjustable input) - Indicators: - MACD (12,26,9) - SMA 200 as trend filter Entry rules (CLOSED candles only): - BUY: - MACD main crosses above signal on closed candle - Price close above SMA 200 - SELL: - MACD main crosses below signal on closed candle - Price close below SMA 200 General rules: - One trade at a time per
Hi everyone, I’m currently working on a private automated trading software designed specifically for XAUUSD (Gold) . This is not a signal service and not a high-frequency robot. The focus is on controlled risk, patience, and capital protection . Key points (shared briefly, not promotional): Trades one cycle at a time (no overtrading) Uses pure price behavior (no EMA, no indicators) Built-in break even and

프로젝트 정보

예산
20 - 100 USD
기한
에서 1  3 일