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Inc AD On Array
Info
The Inc AD On Array is a Library for MetaTrader 5 that cadonarray class is designed for calculation of (accumulation distribution, a/d) values on indicator buffers. Usage: Init()method with the optional parameter is called in the function:int aPeriod- 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 Inc AD On Array
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
CADOnArray class is designed for calculation of (Accumulation Distribution, A/D) values on indicator 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: Inc MA On Array - another powerful library for MetaTrader 5 traders.
CADOnArray class is designed for calculation of (Accumulation Distribution, A/D) values on indicator buffers.
Usage:
Init()
Also recommended: Inc AT R On Array - similar library with strong performance on MetaTrader 5.
method with the optional parameter is called in the function:int aPeriod
- indicator period. In case the value is equal to 0 (by default), the indicator works the same way (is calculated by all chart bars) as the one built in the terminal. In case of any other positive value specified number of bars is used (Moving Average principle) for value calculation at each chart bar.
Solve()
method with the following parameters is called in the function:
const int aRatesTotal
is a rates_total variable from the OnCalculate() function parameters;
const int aPrevCalc
- prev_calculated variable from the OnCalculate() function;
double aDataHigh[]
- the buffer with the High data for the indicator calculation;
double aDataLow[]
- the buffer with the Low data for the indicator calculation;
double aDataClose[]
- the buffer with the Close data for the indicator calculation;
double aDataVolume[]
- the buffer with the Volume data for the indicator calculation;
double aAD[]
- the buffer with the calculated value.
Additional methods:
int BarsRequired() -
returns the minimum number of bars for the indicator calculation;
string Name()
- returns the line with the indicator name.
Test_ADOnArray.mq5 is a sample indicator showing CADOnArray class application. IncADOnArray file must be placed to MQL5\Include\IncOnArray of the terminal data folder (IncOnArray folder must be created).
Technical Indicator is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price - the higher the coefficient (the volume) is, the greater the contribution of the price change (for this period of time) will be in the value of the indicator.
You may also like: Inc AD X On Array - excellent alternative for library users on MetaTrader 5.
⚠ 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.