CDEMAonArray Class for Double Exponential Moving Average Calculation
Info
The CDEMAonArray Class for Double Exponential Moving Average Calculation is a Library for MetaTrader 5 that the cdemaonarray class is designed for calculating the double exponential moving average (dema) on an indicator buffer. Usage:The init() method is called within the indicator's function with the following parameters:int aperiod: The indicator period.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use CDEMAonArray Class for Double Exponential Moving Average Calculation
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
The CDEMAonArray class is designed for calculating the Double Exponential Moving Average (DEMA) on an indicator buffer.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: simplified order management class for mt4/mt5 - another powerful library for MetaTrader 5 traders.
The CDEMAonArray class is designed for calculating the Double Exponential Moving Average (DEMA) on an indicator buffer.Also recommended: class calc frac - custom bar count for fractal detection - similar library with strong performance on MetaTrader 5.
Usage:
The init() method is called within the indicator's function with the following parameters:
int aperiod: The indicator period.
enum_MA_method amethod: The moving average method.
The solve() method is called within the function with the following parameters:
const int aratestotal: The rates_total variable from the OnCalculate() function parameters.
const int aprevcalc: The prev_calculated variable from the OnCalculate() function parameters.
double adata[]: The buffer containing data for indicator calculation.
double am1[]: An intermediate buffer for calculations.
double am2[]: An intermediate buffer for calculations.
double adema[]: The buffer to store the calculated indicator values.
Additional methods include:
int barsrequired(): Returns the minimum number of bars required for indicator calculation.
string name(): Returns a string with the indicator name.
The example file test_demaonarray.mq5 demonstrates the usage of the CDEMAonArray class. The incdemaonarray file should be placed in the MQL5\Include\InconArray directory of your terminal's data folder (the InconArray folder needs to be created). The CMAonArray class is a prerequisite for this class to function.
The DEMA technical indicator was developed by Patrick Mulloy and published in February 1994 in the "Technical Analysis of Stocks & Commodities" magazine. It is used for smoothing price series and is applied directly to a financial security's price chart. It can also be used for smoothing the values of other indicators.
You may also like: cgv class for global variables - excellent alternative for library users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 4
#property indicator_plots 1
#property indicator_label1 "label1"
#property indicator_type1 draw_line
#property indicator_color1 clrred
#property indicator_style1 style_solid.......
⚠ 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.