Currency Strength Indicator

Created at 16 Dec 2014
DI

diran76

Joined 05.12.2014

Status

Closed


Budget

1.00 EUR


Payment Method

Direct Payment

Job Description

Hi All.

I'd like to find a good developer who could realize following task:

https://www.tradingview.com/v/hbUttzYY/

- Input: MA Fast & MA Slow (e.g. 5 & 13), MA Type (e.g. LWMA, but EMA & SMA should be possible too), Trend angle (e.g. 10)

- Output: Scores (-7 <= x <= 7) of each major currency (USD, EUR, CHF, GBP, JPY, AUS, NZD, CAD) at the top/bottom of a chart

- Flow logic: Imo the only challenging part, should be the writing of a small function which determines the angle of two lines (Line1 = MA Fast of current period and MA Fast of period before, Line2 = MA Slow of current period and MA Slow of period before).

Afterwards it must be checked, if both lines are up or down (with the help of the trend angle parameter). Both are greater than tren angle = 1, both smaller than trend angle = -1, else 0 - but only if the considered currency is the base currency of the calculated currency pair. Otherwise the returning values must be reversed (multiplied by -1). << ... that means +1 and vice versa if both of the MA's are pointing downwards. If they are pointing against each other, different direction or are flat lined, thats equals 0 as we are most likely in a consolidation. ... >>

This function must be performed 56 times in total... 8 major currencies with 7 related major currency pairs (e.g. USD: EURUSD, USDCHF, GBPUSD, JPYUSD, AUSUSD, NZDUSD, USDCAD).

That's all :) Please tell me how long do you need for this requirment and how much your hourly rate (or overall price) is.

Thanks a lot.


Kind regards
Dirk

Comments
DI
diran76 · 9 years ago

Thanks for offering help, Bacha... but it's not required anymore - it's done.

bachapk's avatar
bachapk · 9 years ago

Hi

I already have currency Strength and MA Angle indicators for MT4, Therefore it is no issue to use same logic for your goal.

If the job is still pending then please contact: bachapk [at] gmail.com

MA-Angle indicator: https://www.mql5.com/en/market/product/3127

Currency Strength Meter: https://www.mql5.com/en/market/product/3302

Regards

Bacha

 

alexmost113's avatar
alexmost113 · 9 years ago

Hello Dirk,

Let me implement it for you. I developed several cAlgo robots already.

With the best wishes,

Alex