EuroFX trading system convertion from PowerLanguage

• 04/14/2025 at 10:26 AM #245876
  KVS

  Hi all,

  I would like to convert the attached trading system into ProBuilder code, for use in ProRealTime. The original system was build in MultiCharts using  PowerLanguage. I intend to trade this on the equivalent CFD via IG. As such, I would like the TakeProfit and Stoploss targets to use point values. I also expect to have to adjust the trade times.  I would greatly appreciate if you can also consider any efficiency improvements that could be applied to the script.

  Kind Regards

  Kane

  

  KVS

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  04/14/2025 at 10:43 AM #245877
  KVS

  Code attached in Word.

  

  KVS

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  04/16/2025 at 9:45 AM #245946
  JS

  The ‘problem’ with this system is that it includes many indicators (BB, EMAs, RSI, MFI, ADX), all of which need to be aligned with each other…

  Mean Reversion EuroFX

  // Parameters defparam cumulateorders = false TimeFrame(30 minutes)//,UpdateOnClose) BeginTime = 083000 // 08:30 London time EndTime = 203000 // 20:30 London time Len = 18 Len2 = 28 OB = 71 OS = 20 BBSD = 1.5 emaLenLX = 27 emaLenSX = 28 adxLen = 5 minChng = 0.1 TakeProfit = 260 StopLoss = 140 MySize = 1 // Indicators Avg=Average[Len](Close) UpperBB = Avg+Std[Len](Close)*BBSD LowerBB = Avg-Std[Len](Close)*BBSD emaLX = ExponentialAverage[emaLenLX](close) emaSX = ExponentialAverage[emaLenSX](close) rsiVal = RSI[Len2](close) mfiVal = MoneyFlowIndex[Len2] rsiMFI = (rsiVal + mfiVal) / 2 adxVal = ADX[adxLen] adxPrev = adxVal[1] // Setup-condities BuySetup = close[1] < LowerBB[1] and rsiMFI < OS SellSetup = close[1] > UpperBB[1] and rsiMFI > OB inTimeWindow = (time >= BeginTime and time <= EndTime) // Entry Long if not longonmarket and inTimeWindow and BuySetup then if close > LowerBB and (adxPrev - adxVal) > minChng then buy MySize contracts at market EndIf // Entry Short if not shortonmarket and inTimeWindow and SellSetup then if close < UpperBB and (adxPrev - adxVal) > minChng then sellshort MySize contracts at market EndIf // Exit Long if longonmarket and close > emaLX then sell at market EndIf // Exit Short if shortonmarket and close < emaSX then exitshort at market EndIf // Order Management set target profit TakeProfit * pointvalue set stop Loss StopLoss * pointvalue EndIf EndIf GraphOnPrice UpperBB GraphOnPrice LowerBB GraphOnPrice emaLX GraphOnPrice emaSX Graph rsiVal Graph mfiVal Graph rsiMFI Graph adxVal Graph BuySetup Graph SellSetup

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  // Parameters defparam cumulateorders = false   TimeFrame(30 minutes)//,UpdateOnClose)   BeginTime = 083000   // 08:30 London time EndTime = 203000    // 20:30 London time Len = 18 Len2 = 28 OB = 71 OS = 20 BBSD = 1.5 emaLenLX = 27 emaLenSX = 28 adxLen = 5 minChng = 0.1 TakeProfit = 260 StopLoss = 140 MySize = 1   // Indicators Avg=Average[Len](Close) UpperBB = Avg+Std[Len](Close)*BBSD LowerBB = Avg-Std[Len](Close)*BBSD emaLX = ExponentialAverage[emaLenLX](close) emaSX = ExponentialAverage[emaLenSX](close) rsiVal = RSI[Len2](close) mfiVal = MoneyFlowIndex[Len2] rsiMFI = (rsiVal + mfiVal) / 2 adxVal = ADX[adxLen] adxPrev = adxVal[1]   // Setup-condities BuySetup = close[1] < LowerBB[1] and rsiMFI < OS SellSetup = close[1] > UpperBB[1] and rsiMFI > OB   inTimeWindow = (time >= BeginTime and time <= EndTime)   // Entry Long if not longonmarket and inTimeWindow and BuySetup then if close > LowerBB and (adxPrev - adxVal) > minChng then buy MySize contracts at market EndIf   // Entry Short if not shortonmarket and inTimeWindow and SellSetup then if close < UpperBB and (adxPrev - adxVal) > minChng then sellshort MySize contracts at market EndIf   // Exit Long if longonmarket and close > emaLX then sell at market EndIf   // Exit Short if shortonmarket and close < emaSX then exitshort at market EndIf // Order Management set target profit TakeProfit * pointvalue set stop Loss StopLoss * pointvalue EndIf EndIf   GraphOnPrice UpperBB GraphOnPrice LowerBB GraphOnPrice emaLX GraphOnPrice emaSX Graph rsiVal Graph mfiVal Graph rsiMFI Graph adxVal Graph BuySetup Graph SellSetup

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  Iván, KVS, robertogozzi

  

  JS

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  04/16/2025 at 4:30 PM #245961
  KVS

  Thanks JS. Much appreciate your efforts with this conversion.

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  JS

  

  KVS

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