Ichimoku Indicator Calculations on Data Arrays
Info
The Ichimoku Indicator Calculations on Data Arrays is a Library for MetaTrader 5 that this class facilitates the calculation of ichimoku kinko hyo indicator values directly on indicator data buffers. Class Initialization:The init() method is called within the indicator's function, accepting the following parameters:int aperiodtenkan: Specifies the period for the Tenkan-sen line.
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 Ichimoku Indicator Calculations on Data Arrays
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
This class facilitates the calculation of Ichimoku Kinko Hyo indicator values directly on indicator data buffers.
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: asq indicator manager - another powerful library for MetaTrader 5 traders.
This class facilitates the calculation of Ichimoku Kinko Hyo indicator values directly on indicator data buffers.Also recommended: Trade Signal Module Based on Brain Trend1 Indicator - similar library with strong performance on MetaTrader 5.
Class Initialization:
The init() method is called within the indicator's function, accepting the following parameters:
int aperiodtenkan: Specifies the period for the Tenkan-sen line.
int aperiodkijun: Specifies the period for the Kijun-sen line.
int aperiodsenkou: Specifies the period for the Senkou Span lines (A and B).
bool aabshift: Determines if the Senkou Span A and B lines should be calculated with a shift. If true, these lines are shifted during calculation, meaning they will not contain future data. If false, the lines are shifted using a separate function identifier.
Calculation Method:
The solve() method is called within the indicator's calculation loop with the following parameters:
const int aratestotal: The total number of bars available for calculation (from OnCalculate parameters).
const int aprevcalc: The number of bars calculated in the previous call (from OnCalculate parameters).
double adatahigh[]: The data buffer containing high prices.
double adatalow[]: The data buffer containing low prices.
double & atenkan[]: The output buffer for the calculated Tenkan-sen line values.
double & akijun[]: The output buffer for the calculated Kijun-sen line values.
double & aspana[]: The output buffer for the calculated Senkou Span A values.
double & aspanb[]: The output buffer for the calculated Senkou Span B values.
Additional Methods:
int spanabshift(): Returns the applied shift value for Senkou Span A and B.
int barsrequiredtk(): Returns the minimum number of bars required to calculate the Tenkan-sen and Kijun-sen lines.
int barsrequiredab(): Returns the minimum number of bars required to calculate the Senkou Span A and B lines.
string name(): Returns the indicator's name.
string namet(): Returns the name of the Tenkan-sen line.
string namek(): Returns the name of the Kijun-sen line.
string namesa(): Returns the name of the Senkou Span A line.
string namesb(): Returns the name of the Senkou Span B line.
Example Usage:
The test_ichimokuonarray.mq5 file serves as an example demonstrating the usage of the Cichimokuonarray class. This include file should be placed in the mql5\include\inconarray directory of your MetaTrader terminal's data folder. Ensure the 'inconarray' directory is created if it does not exist.
Indicator Functionality:
The Ichimoku Kinko Hyo is a comprehensive technical indicator used to identify market trends, support and resistance levels, and generate trading signals. It is particularly effective on weekly and daily timeframes.
Last updated: 2026
You may also like: Trade Signals Module Based on BrainTrend2 Indicator - 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 6
#property indicator_plots 4
#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.