Help in coding Trading View strategy in Metaeditor
- www.mql5.com
Thanks for your reply marco. I have been checking it, but I am afraid it is too complex for my knowledge. Would it be possible for you/someone to translate it to Mql5? I know I am asking too much, but honestly, I don't know what to do.
Thanks
Well you would first have to start by explaining the strategy.
strategy("4 Semanas opening, 4 closing_Close")
a = max(close[1],max(close[2],max(close[3],max(close[4],max(close[5],max(close[6],max(close[7],max(close[8],max(close[9],max(close[10],max(close[11],max(close[12],max(close[13],max(close[14],max(close[15],max(close[16],max(close[17],max(close[18],max(close[19],close[20])))))))))))))))))))
b = min(close[1],min(close[2],min(close[3],min(close[4],min(close[5],min(close[6],min(close[7],min(close[8],min(close[9],min(close[10],min(close[11],min(close[12],min(close[13],min(close[14],min(close[15],min(close[16],min(close[17],min(close[18],min(close[19],close[20])))))))))))))))))))
longCondition = close > a
shortCondition = close < b
strategy.entry ("long", strategy.long, when = longCondition)
strategy.entry ("short", strategy.short, when = shortCondition)
strategy.close ("long", when=shortCondition)
strategy.close ("short", when=longCondition)A flow chart would be handy.
Well you would first have to start by explaining the strategy.
A flow chart would be handy.
Thanks for your reply again Marco, I thought it was clear with the code, my bad. The strategy consists on:
- a variable has the maximum value of the close of the past 20 days (4 weeks)
- b variable has the minimum value of the close of the past 20 days (4 weeks)
- When daily close is above a, short trade is closed and long trade is opened
- When daily close is below b, long trade is closed and short trade is opened
As you can see, this is a continuous strategy, meaning that we always have a trade opened for each symbol, either short or long. I am applying this for several currency pairs and comodities:
- Currency pairs: lot size is always 0.01
- Comodities: lot size varies from 0.01 to 0.1, depending on each one
I would like to set protective stop loss just in case it goes too heavily against me, setting it around 400 pips away.
Please let me know if you need further information.
Thanks for all your help!
I forgot to add:
- If a long trade is ongoing, and daily close is above "a", nothing is done, I only have one trade opened per symbol at the same time
- Same applies to short, if a short trade is ongoing, and daily close is below "b", nothing is done.
//+------------------------------------------------------------------+ //| GonzalonV2.mq5 | //| Copyright 2018, Marco vd Heijden, MetaQuotes Software Corp. | //| https://www.mql5.com | //+------------------------------------------------------------------+ #property copyright "Copyright 2018, Marco vd Heijden, MetaQuotes Software Corp." #property link "https://www.mql5.com" #property version "2.00" #define EXPERT_MAGIC 9876548 double close[],a,b,c; bool direction; //+------------------------------------------------------------------+ //| Expert initialization function | //+------------------------------------------------------------------+ int OnInit() { //--- //--- return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ //| Expert deinitialization function | //+------------------------------------------------------------------+ void OnDeinit(const int reason) { //--- } //+------------------------------------------------------------------+ //| Expert tick function | //+------------------------------------------------------------------+ void OnTick() { int count=CopyClose(Symbol(),PERIOD_D1,1,21,close); //for(int i=count-1;i>0;i--){Print("Bar: "+IntegerToString(i)+" Close: "+DoubleToString(close[i]));} //--- a variable has the maximum value of the close of the past 20 days (4 weeks) a=close[ArrayMaximum(close,0,WHOLE_ARRAY)]; //Print("a: "+DoubleToString(a)); //--- b variable has the minimum value of the close of the past 20 days (4 weeks) b=close[ArrayMinimum(close,0,WHOLE_ARRAY)]; //Print("b: "+DoubleToString(b)); //--- c variable is daily close c=iClose(Symbol(),PERIOD_D1,0); //Print("c: "+DoubleToString(c)); //--- When daily close is above a, short trade is closed and long trade is opened if(c>a) { if(direction==0) { CloseAll(); Long(); direction=1; } } //--- When daily close is below b, long trade is closed and short trade is opened if(c<b) { if(direction==1) { CloseAll(); Short(); direction=0; } } } //+------------------------------------------------------------------+ //| Opening Buy position | //+------------------------------------------------------------------+ void Long() { //--- declare and initialize the trade request and result of trade request MqlTradeRequest request={0}; MqlTradeResult result={0}; //--- parameters of request request.action =TRADE_ACTION_DEAL; // type of trade operation request.symbol =Symbol(); // symbol request.volume =0.01; // volume request.type =ORDER_TYPE_BUY; // order type request.price =SymbolInfoDouble(Symbol(),SYMBOL_ASK); // price for opening request.deviation=5; // allowed deviation from the price request.magic =EXPERT_MAGIC; // MagicNumber of the order //--- send the request if(!OrderSend(request,result)) PrintFormat("OrderSend error %d",GetLastError()); // if unable to send the request, output the error code //--- information about the operation PrintFormat("retcode=%u deal=%I64u order=%I64u",result.retcode,result.deal,result.order); } //+------------------------------------------------------------------+ //| Opening Sell position | //+------------------------------------------------------------------+ void Short() { //--- declare and initialize the trade request and result of trade request MqlTradeRequest request={0}; MqlTradeResult result={0}; //--- parameters of request request.action =TRADE_ACTION_DEAL; // type of trade operation request.symbol =Symbol(); // symbol request.volume =0.01; // volume request.type =ORDER_TYPE_SELL; // order type request.price =SymbolInfoDouble(Symbol(),SYMBOL_BID); // price for opening request.deviation=5; // allowed deviation from the price request.magic =EXPERT_MAGIC; // MagicNumber of the order //--- send the request if(!OrderSend(request,result)) PrintFormat("OrderSend error %d",GetLastError()); // if unable to send the request, output the error code //--- information about the operation PrintFormat("retcode=%u deal=%I64u order=%I64u",result.retcode,result.deal,result.order); } //+------------------------------------------------------------------+ //| Closing all positions | //+------------------------------------------------------------------+ void CloseAll() { //--- declare and initialize the trade request and result of trade request MqlTradeRequest request; MqlTradeResult result; int total=PositionsTotal(); // number of open positions //--- iterate over all open positions for(int i=total-1; i>=0; i--) { //--- parameters of the order ulong position_ticket=PositionGetTicket(i); // ticket of the position string position_symbol=PositionGetString(POSITION_SYMBOL); // symbol int digits=(int)SymbolInfoInteger(position_symbol,SYMBOL_DIGITS); // number of decimal places ulong magic=PositionGetInteger(POSITION_MAGIC); // MagicNumber of the position double volume=PositionGetDouble(POSITION_VOLUME); // volume of the position ENUM_POSITION_TYPE type=(ENUM_POSITION_TYPE)PositionGetInteger(POSITION_TYPE); // type of the position //--- output information about the position PrintFormat("#%I64u %s %s %.2f %s [%I64d]", position_ticket, position_symbol, EnumToString(type), volume, DoubleToString(PositionGetDouble(POSITION_PRICE_OPEN),digits), magic); //--- if the MagicNumber matches if(magic==EXPERT_MAGIC) { //--- zeroing the request and result values ZeroMemory(request); ZeroMemory(result); //--- setting the operation parameters request.action =TRADE_ACTION_DEAL; // type of trade operation request.position =position_ticket; // ticket of the position request.symbol =position_symbol; // symbol request.volume =volume; // volume of the position request.deviation=5; // allowed deviation from the price request.magic =EXPERT_MAGIC; // MagicNumber of the position //--- set the price and order type depending on the position type if(type==POSITION_TYPE_BUY) { request.price=SymbolInfoDouble(position_symbol,SYMBOL_BID); request.type =ORDER_TYPE_SELL; } else { request.price=SymbolInfoDouble(position_symbol,SYMBOL_ASK); request.type =ORDER_TYPE_BUY; } //--- output information about the closure PrintFormat("Close #%I64d %s %s",position_ticket,position_symbol,EnumToString(type)); //--- send the request if(!OrderSend(request,result)) PrintFormat("OrderSend error %d",GetLastError()); // if unable to send the request, output the error code //--- information about the operation PrintFormat("retcode=%u deal=%I64u order=%I64u",result.retcode,result.deal,result.order); //--- } } } //+------------------------------------------------------------------+
It needs tweaking so you have to specify where and what.
I have to go walk the dog.
Edit to V2.It needs tweaking so you have to specify where and what.
I have to go walk the dog.
Edit to V2.Wow! Incredible work Marco, thank you so much. I can see how much more complex Metaeditor is compared to Tradingview...
I created a new Expert Advisor template, copy/pasted your code, and then saved it as "MQL5 source file". Then I clicked on "Compile", and it returned me an error " 'iClose' - Function not defined". I tried adding it to line 10 (double close[],a,b,c;) but it didn't work. Could you please tell me if I am doing something wrong?
Also, you mentioned that I have to specify where and what, would it be possible for you to explain that more in detail? As you can see, I am a bit too new for this...
Thanks for your great help! I hope you enjoyed that walk with your dog, I miss walking mine (she passed away a few years ago)
New MetaTrader 5 Platform beta build 1845: MQL5 functions for operations with bars and Strategy Tester improvements - Options Trading Strategies - General - MQL5 programming forum 2018.06.08 13:02
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Hi everyone,
I am new to Metaeditor. I have programmed one strategy (quite simple) for TradingView, and now I would like to make it automatic.
I have been fighting with Metaeditor, but so far no luck in programming it. Could any of you help me in coding it? or at least give me some help so I can do it?
Please find the strategy attached, coded for TradingView.
Thanks for all your help.
Gonzalo