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Specifiche
Task: Convert Tradingview script to MT4 indicator with all the adjustable input parameters from the Tradingview script transferred and functional in MT4 indicator with final MT4 indicator MQL4 source code provided on completion of task.
TradingView code below:
/ This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © simtrader19a
//@version=4
study(title="Double Bollinger Bands", shorttitle="DBB", overlay=true)
//------------------------------ Inputs ------------------------------
length = input(20, title="length")
///src = input(close, type=source, title="source")
src = input(close, title="source")
std_dev_1 = input(1, title="BB1 stdDev")
std_dev_2 = input(2, title="BB2 stdDev")
offset = input(0, title="offset")
//------------------------------ Colors ------------------------------
color_gray = #eeeeee
color_green = #3fbe53
color_red = #ff4e3e
//------------------------------- Logic ------------------------------
median = sma(src, length)
standard_deviation = stdev(src, length)
standard_deviation_1 = standard_deviation * std_dev_1
upper_1 = median + standard_deviation_1
lower_1 = median - standard_deviation_1
standard_deviation_2 = standard_deviation * std_dev_2
upper_2 = median + standard_deviation_2
lower_2 = median - standard_deviation_2
//------------------------- Plotting & styling ------------------------
transp_bb_1 = 70
transp_bb_2 = 70
basis = plot(median, color=color_gray, transp=0, title="basis", offset=offset)
upper_band_1 = plot(upper_1, color=color_red, transp=transp_bb_1, title="BB1 upper", offset=offset)
lower_band_1 = plot(lower_1, color=color_green, transp=transp_bb_1, title="BB1 lower", offset=offset)
//fill(basis, upper_band_1, color=color_red, transp=transp_bb_1, title="background BB1 upper")
///fill(basis, lower_band_1, color=color_green, transp=transp_bb_1, title="background BB1 lower")
upper_band_2 = plot(upper_2, color=color_red, transp=transp_bb_2, title="BB2 upper", offset=offset)
lower_band_2 = plot(lower_2, color=color_green, transp=transp_bb_2, title="BB2 lower", offset=offset)
fill(upper_band_1, upper_band_2, color=#4CAF50, transp=transp_bb_2, title="background BB2 upper")
fill(lower_band_1, lower_band_2, color=#FF5252, transp=transp_bb_2, title="background BB2 lower")
////ENTRY /////
LONG=(close>open and close>close[1]and close>upper_1 and close[1]<upper_1)
SHORT=(close<open and close<close[1] and close<lower_1 and close[1]>lower_1)
plotshape(LONG,title="Long",location=location.belowbar, style=shape.labelup, color=#4CAF50, text="B")
plotshape(SHORT,title="Sell",location=location.abovebar, style=shape.labeldown, color=#FF5252, text="S")
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