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Inc CH O On Array
Info
The Inc CH O On Array is a Library for MetaTrader 5 that cchoonarray class is designed for calculation of values on indicator buffers. Usage: Init()method with the following parameters is called in the function:int aFastPeriod- fast МА period;int aSlowPeriod- slow МА period;ENUM_MA_METHOD aMethod-.
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 CH O 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
CCHOOnArray class is designed for calculation of 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.
CCHOOnArray class is designed for calculation of values on indicator buffers.
Usage:
Init()
method with the following parameters is called in the function:
Also recommended: Inc AT R On Array - similar library with strong performance on MetaTrader 5.
int aFastPeriod
- fast МА period;
int aSlowPeriod
- slow МА period;
ENUM_MA_METHOD aMethod
- .
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 & aTmpAD[]
- intermediate auxiliary buffer;
double & aFastAD[]
- auxiliary buffer for fast МА;
double & aSlowAD[]
- auxiliary buffer for slow МА;
double & aCHO[]
- 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_CHOOnArray.mq5 is a sample indicator showing CCHOOnArray class application. IncCHOOnArray file must be placed to MQL5\Include\IncOnArray of the terminal data folder (IncOnArray folder must be created).
Chaikin's Oscillator (CHO) is the difference of moving averages of .
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.