Translate a short strategy from Thinkscript (programming language from the Thinkorswim platform) to create a trading robot on MQL5

Job finished

Execution time 3 days
Feedback from employee
Perfect client. His understanding is very quite good. I want to work with him again
Feedback from customer
He worked hard to develop what I needed. Very helpful.

Specification

Hi,

I am looking for someone who can translate this Thinkscript strategy and turn it into a Metatrader 5 (MQL5) trading robot for auto trading.

The script is pretty short:

def bullishreversalcandlebody = close - open;
def bearishreversalcandlebody = open - close;

def atravg_slow = average (atr (), length = 35);

def upsignal = bullishreversalcandlebody is greater than ATR (14) * 0.5 and open <= SimpleMovingAvg(length = 12) and bullishreversalcandlebody >= (high - low) * 0.3 and close <= SimpleMovingAvg(length = 21) and low <= low(period = AggregationPeriod.DAY)* 0.5 and atr () >= atravg_slow * 0.5;

def downsignal = bearishreversalcandlebody is greater than ATR (14) * 0.4 and open >= SimpleMovingAvg(length = 12) and bearishreversalcandlebody >= (high - low) * 0.4 and close >= SimpleMovingAvg(length = 48) and high >= high(period = AggregationPeriod.DAY)* 0.5 and atr () <= atravg_slow * 0.8;


def buysignal = upsignal;

def long_takeprofit_signal = entryprice () + (atr ()* 1.0) <= close;
def long_stoploss_signal = entryprice () - (atr ()* 1.87) >= low;


def sellsignal = downsignal ;

def short_takeprofit_signal = entryprice () - (atr ()* 1.0)>= close;
def short_stoploss_signal = entryprice () + (atr ()* 1.87) <= high;


AddOrder(OrderType.BUY_TO_OPEN, buysignal, tickColor = Color.BLACK, arrowColor = Color.BLACK, price = close, name = "Open Long");

AddOrder(type = OrderType.SELL_TO_CLOSE, condition = long_takeprofit_signal, tickColor = Color.GREEN, arrowColor = Color.GREEN, price = close, name = "Take profit Long");

AddOrder(type = OrderType.SELL_TO_CLOSE, condition = long_stoploss_signal, tickColor = Color.RED, arrowColor = Color.RED, price = close, name = "Stop loss Long");


AddOrder(OrderType.SELL_TO_OPEN, sellsignal, tickColor = Color.BLACK, arrowColor = Color.BLACK, price = close, name = "Open Short");

AddOrder(type = OrderType.BUY_TO_CLOSE, condition = short_takeprofit_signal, tickColor = Color.GREEN, arrowColor = Color.GREEN, price = close, name = "Take profit Short");

AddOrder(type = OrderType.BUY_TO_CLOSE, condition = short_stoploss_signal, tickColor = Color.RED, arrowColor = Color.RED, price = close, name = "Stop loss Short");

Money management settings:

The stop loss and take profit parameters are in the script.

Lot size: The robot should risk 10% (this should be customizable) of the account's equity per trade.
Maximum positions open at the same time = 4 (this should be customizable).


Apart from being used by the robot for auto trading, I should be able to see the signals plotted on the MT5 chart. They should be plotted as described in the script (with arrows and labels).


The default time frame for the robot is 5m but this should be customizable.

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Project information

Budget
30 - 50 USD
Deadline
from 1 to 5 day(s)