Inc MF I On Array
Info
The Inc MF I On Array is a Library for MetaTrader 5 that cmfionarray class is designed for calculation of (money flow index) values on indicator buffers. Usage: Init()method with the following parameters 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 MF I 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
CMFIOnArray class is designed for calculation of (Money Flow Index) 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.
CMFIOnArray class is designed for calculation of (Money Flow Index) 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 aPeriod
- indicator 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 aDataPrice[]
- data buffer for the indicator calculation;
double aDataVolume[]
- the buffer with the volume data for the indicator calculation;
double aP[]
- intermediate buffer for a positive component;
double aM[]
- intermediate buffer for a negative component;
double aPS[]
- intermediate buffer for a smoothed positive component;
double aMS[]
- intermediate buffer for a smoothed negative component;
double aMFI[]
- the buffer with MFI 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_MFIOnArray.mq5 is a sample indicator showing CMFIOnArray class application. IncMFIOnArray file must be placed to MQL5\Include\IncOnArray of the terminal data folder (IncOnArray folder must be created).
CMAOnArray class from the IncMAOnArray file is needed for the proper work. It can be found .
Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it. Construction and interpretation of the indicator is similar to with the only difference that volume is important to MFI.
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.