Hey there' Just need to convert pinescript to MQL in MT5.

Job finished

Execution time 2 days
Feedback from customer
Great service. Fast communication and patient developer.
Feedback from employee
thanks him for job. looking forward to have more jobs.

Specification

Hi,

I have backtested this indicator on TradingView, and it works quite well. However, the problem lies in manually opening each trade due to a lack of time.

This is the idea about automation.

The critical factor is position sizing; the stoploss isn't fixed in terms of pips but depends on price action, as shown in the attachment (SL always on line of previous color)

Stoploss should be set at 0.25% of the capital per trade, and the take profit at 2R.

My envisioning of the EA is as follows: when a bomb,hammer (signal for opening long/short) appears on the chart, signals could repaint!! Therefore, it should always wait for the candle to close. If the signal remains after the candle closes, the position should be opened immediately on the next candle.

The position is opened with the correct size, considering proper risk management.


The EA strategy should resemble the following + figure out position sizing.


Hope that it's technically possible to create EA by these terms.

Thanks in advance!


//@version=4

strategy("Follow Line Indicator Strategy", overlay=true)

BBperiod = input(defval = 20, title = "BB Period", type = input.integer, minval = 1)
BBdeviations = input(defval = 0.1, title = "BB Deviations", type = input.float, minval = 0.1, step=0.05)
UseATRfilter = input(defval = true, title = "ATR Filter", type = input.bool)
ATRperiod = input(defval = 5, title = "ATR Period", type = input.integer, minval = 1)
hl = input(defval = false, title = "Hide Labels", type = input.bool)

BBUpper=sma (close,BBperiod)+stdev(close, BBperiod)*BBdeviations
BBLower=sma (close,BBperiod)-stdev(close, BBperiod)*BBdeviations

TrendLine = 0.0
iTrend = 0.0
buy = 0.0
sell = 0.0

BBSignal = close>BBUpper? 1 : close<BBLower? -1 : 0

calculateStopLossLevel() =>
    var float stopLossLevel = na
    stopLossLevel := na(stopLossLevel[1]) ? TrendLine : stopLossLevel[1]
    stopLossLevel := iTrend == 1 and iTrend[1] == -1 ? TrendLine : stopLossLevel
    stopLossLevel := iTrend == -1 and iTrend[1] == 1 ? TrendLine : stopLossLevel
    stopLossLevel

long_stop_level = calculateStopLossLevel()
short_stop_level = calculateStopLossLevel()

strategy.exit("Long Stop", from_entry="Buy", loss=long_stop_level)
strategy.exit("Short Stop", from_entry="Sell", loss=short_stop_level)

if (BBSignal == 1 and UseATRfilter)
    TrendLine := low - atr(ATRperiod)
    if (TrendLine < TrendLine[1])
        TrendLine := TrendLine[1]
else if (BBSignal == -1 and UseATRfilter)
    TrendLine := high + atr(ATRperiod)
    if (TrendLine > TrendLine[1])
        TrendLine := TrendLine[1]
else if (UseATRfilter)
    TrendLine := TrendLine[1]

if (BBSignal == 1 and not UseATRfilter)
    TrendLine := low
    if (TrendLine < TrendLine[1])
        TrendLine := TrendLine[1]
else if (BBSignal == -1 and not UseATRfilter)
    TrendLine := high
    if (TrendLine > TrendLine[1])
        TrendLine := TrendLine[1]
else if (not UseATRfilter)
    TrendLine := TrendLine[1]

iTrend := nz(iTrend[1])
iTrend := TrendLine > TrendLine[1] ? 1 : TrendLine < TrendLine[1] ? -1 : iTrend

buy_signal = iTrend[1] == -1 and iTrend == 1 ? 1 : na
sell_signal = iTrend[1] == 1 and iTrend == -1 ? 1 : na

strategy.entry("Buy", strategy.long, when=buy_signal and na(buy_signal[1]))
strategy.entry("Sell", strategy.short, when=sell_signal and na(sell_signal[1]))

plot(TrendLine, color=iTrend > 0 ? color.blue : color.red, style=plot.style_line, linewidth=2, transp=0, title="Trend Line")
plotshape(buy_signal == 1 and not hl ? TrendLine - atr(8) : na, text='💣', style=shape.labelup, location=location.absolute, color=color.blue, textcolor=color.white, offset=0, transp=0, size=size.auto)
plotshape(sell_signal == 1 and not hl ? TrendLine + atr(8) : na, text='🔨', style=shape.labeldown, location=location.absolute, color=color.red, textcolor=color.white, offset=0, transp=0, size=size.auto)

Responded

1
Developer 1
Rating
(32)
Projects
57
23%
Arbitration
12
67% / 8%
Overdue
2
4%
Free
2
Developer 2
Rating
(54)
Projects
102
23%
Arbitration
12
25% / 17%
Overdue
13
13%
Free
3
Developer 3
Rating
(171)
Projects
195
42%
Arbitration
13
8% / 54%
Overdue
9
5%
Free
Published: 3 codes
Similar orders
I offer a custom semi-automated trading solution for MetaTrader 5 designed for traders who prefer to keep full control over trade decisions while automating trade execution and risk management. Features MT5 Expert Advisor Telegram integration Automatic position sizing based on user-defined risk Automatic Stop Loss and Take Profit placement Fast trade execution after user confirmation Support for multiple Forex pairs
I need an Expert Advisor for MT5 on XAUUSD 1min timeframe using SMC concepts. STRATEGY RULES: SELL: 1. Identify previous day High/Low as liquidity 2. Entry only during London-NY session: 15:00-19:00 GMT+3 or broker clock. 3. If price sweeps previous day High and closes back below it 4. Check for bearish 1min FVG below sweep candle 5. Wait for BOS - lower low 6. Entry: Sell/buy at 50% of the FVG 7. SL: 10 pips above
Code An Loss Rate 90-100% MT5 EA , that can blow a 100 USD account a day ,with fixed TP of 3000 points and SL of 3000 For better Rate Calculations get an strategy that can lead to so
I need an Expert Advisor for MT5 on XAUUSD 1min timeframe using SMC concepts. STRATEGY RULES: SELL: 1. Identify previous day High/Low as liquidity 2. Entry only during London-NY session: 15:00-19:00 GMT+3 or broker clock. 3. If price sweeps previous day High and closes back below it 4. Check for bearish 1min FVG below sweep candle 5. Wait for BOS - lower low 6. Entry: Sell/buy at 50% of the FVG 7. SL: 10 pips above
8 cap prop firm passing 30 - 3000 USD
I am looking for an experienced MQL4/MQL5 HFT developer to build or optimize a High-Frequency Trading (HFT) Expert Advisor that can successfully pass proprietary trading firm challenges and perform consistently under live trading conditions with brokers such as 8cap or BlackBull Markets . The developer should have proven experience with HFT execution, ultra-low-latency trading, broker execution, slippage, spreads
I need a professional MT5 Expert Advisor (MQL5) for XAU/USD (Gold) only. Requirements: - Symbol: XAU/USD only - Timeframe: H1 trend, M5 entry - Smart Money Concept (SMC) - Liquidity Sweep - Break of Structure (BOS) - Order Block Retest - Confirmation Candle (Engulfing or Pin Bar) - ATR-based Stop Loss - Risk:Reward = 1:3 (adjustable) - Auto Lot (1% risk) - Break Even - Trailing Stop - Maximum 2 trades per day - One
Hello, I am looking for an existing, fully backtestable MT5 Expert Advisor or EA portfolio designed specifically for passing an FTMO-style prop-firm evaluation. I am not looking for unrealistic profit claims or a visually perfect backtest. My priority is a statistically defensible probability of passing the challenge while respecting all risk limits. Primary objective The system should be designed for the current
I have a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5 designed primarily for US30 (Dow Jones Index) . The EA performs consistently and profitably on demo accounts, but when I run it on an IC Markets Raw or Standard live account, it starts generating losses under what appear to be the same trading conditions. At this time, I cannot provide the source code (.mq4/.mq5). I can only provide the
I need an Expert Advisor for MT5 on XAUUSD 1min timeframe using SMC concepts. STRATEGY RULES: SELL: 1. Identify previous day High/Low as liquidity 2. Entry only during London-NY session: 15:00-19:00 GMT+3 3. If price sweeps previous day High and closes back below it 4. Check for bearish 1min FVG below sweep candle 5. Wait for BOS - lower low 6. Entry: Sell at 50% of the FVG 7. SL: 10 pips above sweep wick 8. TP: 2R
Hello looking for someone to convert an indicator from tradingview to Thinkorswim I have attached the codes from trading view Also, I like make it trigger (alert) a one-time alert when the trend changes, and can also create a custom watchlist column that flags symbols currently in a new trend so you can scan multiple stocks easily. And like the watchlist to show only fresh trend changes or the current trend direction

Project information

Budget
30+ USD
Deadline
to 3 day(s)