CeronRingBuffer Class for Calculating Efficiency Ratio (ER) with Ring Buffer
Info
The CeronRingBuffer Class for Calculating Efficiency Ratio (ER) with Ring Buffer is a Indicator for MetaTrader 5 that the ceronringbuffer class is designed to calculate the technical indicator efficiency ratio (er) used in the adaptive moving average (ama). DeclarationThe CeronRingBuffer.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use CeronRingBuffer Class for Calculating Efficiency Ratio (ER) with Ring Buffer
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
The CeronRingBuffer class is designed to calculate the technical indicator Efficiency Ratio (ER) used in the Adaptive Moving Average (AMA).
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Moving Average Calculation with the CMAOnRingBuffer Class - another powerful indicator for MetaTrader 5 traders.
The CeronRingBuffer class is designed to calculate the technical indicator Efficiency Ratio (ER) used in the Adaptive Moving Average (AMA).Also recommended: CatronRingBuffer Class for ATR Indicator Calculation - similar indicator with strong performance on MetaTrader 5.
Declaration
The CeronRingBuffer.mqh class file should be placed in the 'InconRingBuffer' folder within 'MQL5\Include\'. Two example files are provided in the description, which should also be placed in the same folder.
Class Methods
Data retrieval from the ring buffer is similar to accessing elements in a standard array. For instance:
- Accessing the current value: buffer[0].
- Accessing the previous value: buffer[1].
Examples
test_er_onArrayRB.mq5: Calculates the ER indicator based on price time series, demonstrating the mainOnArray() method.
test_er_onValueRB.mq5: Utilizes the mainOnValue() method to calculate and draw the ER indicator, then draws another ER based on the first indicator's ring buffer.
Results
- Test_er_onArrayRB.mq5 with a ring buffer size of 256 elements.
- Test_er_onValueRB.mq5 with a ring buffer size of 256 elements.
This code incorporates developments from 2026.
You may also like: CADXOnRingBuffer Class for ADX Indicator Calculation - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_plots 2
#property indicator_label1 "label1"
#property indicator_type1 draw_line
#property indicator_color1 clrred
#property indicator_width1 1.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.