Hey,
I would like to convert my old Forex script in pine v2 to MQ4L so i can test this strategy in strategy tester in MT4 and maybe later try automated
trading. Correct me if the desired file format mq4 is not fit for this.
Code includes (D,W) Pivot point calculations in multiple periods, entry/exit/profit conditions, plotting some of the pivot points,
highlighting some of the plotting points, alerts (if MQL4 allows them in same file).
I would like it to written as "simple" as possible (similar to pine/dummy style, because i'm a tester not a programmer) and such as mentioned
above should be easily changed;
periods of PP's, entry, exits and alerts and so on. Should include graphical panel for these and entry/exit arrows too.
It is watched mostly in 1H charts but should work 15m, 30m and 2h charts too.
Overall lenght is under ~200 lines, some of the lines are unusable and unnecessary etc.
Here's some code of the out of contex:
WmHigh = security(tickerid,"W", high[1])
WmHigh = security(tickerid,"W", high[0]) ..-> these [0] period pivot would move due to price action as horizontal line
WsHigh = security(tickerid,"W", high[2])
price_60_close = security(tickerid,"60", close)
long_formation_M = MxvPP > MPP and MPP > MvPP
long_entry = price_60 < PP and price_60 >= vPP
stoploss_short = input(1200, title='Stop Loss in Ticks', type=integer)
plot(cvPP, color=#FFEB3B, title="cvPP", style = line, linewidth = width3)
color_action = iff(long_form_sum and long_entry, #00E676, iff(short_form_sum and short_entry, #FF5252, iff(long_form_sum, #FFEB3B,
iff(short_form_sum, #DC22F5, na))))
plot(PP, color=color_action, title="PP", style = line, linewidth = width1)
if long_form and long_form_M
strategy.entry("BUY", strategy.long, 10000.0, when = long_entry)
short_alert = short_form and short_form_M and short_entry
alertcondition(short_alert, "SHORT!","SHORT!")
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