Create Custom Moving Avg of other Indicator Values

 

Hi,

I am trying to make an indicator that can basically add a moving avg of other items than Price.

So as an example, I would like to create a moving average of Volume.

What I have been thinking is to add the iVol data to an array (although I dont know how to do this yet), and then to use iMAOnArray to get the MA.


Is this the correct way of doing this or can someone please point me into the right direction?
Also please point me in the direction on how to add the iVol data to an array then?


Thank you very much for the advice and help.


Kind Regards

 

A31Trader01: I am trying to make an indicator that can basically add a moving avg of other items than Price.

So as an example, I would like to create a moving average of Volume.

What I have been thinking is to add the iVol data to an array (although I dont know how to do this yet), and then to use iMAOnArray to get the MA.

Is this the correct way of doing this or can someone please point me into the right direction?
Also please point me in the direction on how to add the iVol data to an array then?

You don't need to code that. You can already do that with MetaTrader as it is. You can already add a Moving Average to the Chart's Main Window or one of the Sub-windows and have it based on a previous Indicator data.

Here is an example of adding an EMA to the Volume indicator data:


 
Fernando Carreiro:

You don't need to code that. You can already do that with MetaTrader as it is. You can already add a Moving Average to the Chart's Main Window or one of the Sub-windows and have it based on a previous Indicator data.

Here is an example of adding an EMA to the Volume indicator data:



Thank you very much for the reply.
However, I would like to learn how to code it though.

I do not know how Array's work and then how to do calculations like MA on them and even if that is the route to go for doing this.


Can you help with how to go about coding it?

 

A31Trader01: However, I would like to learn how to code it though.

I do not know how Array's work and then how to do calculations like MA on them and even if that is the route to go for doing this.

Can you help with how to go about coding it?

In the case of volume, you don't need to do anything extra. The parameters passed to the OnCalculate() event handler, already has the volume presented as an array to you.

Also, there is no iVol or  iMAOnArray in MQL5. Those are MQL4 functions. Since this is an MQL5 section (the MQL4 section is at the very bottom), either you posted in the wrong section or you need to have a look at the MQL4 to MQL5 differences.

Since, you seem to be quite a beginner coder, I will recommend reading the following books (either the MQL4 or MQL5):

 MT4/MQL4MT5/MQL5

Forum on trading, automated trading systems and testing trading strategies

Something Interesting to Read

Sergey Golubev, 2017.09.16 05:40

Expert Advisor Programming for MetaTrader 4


This book will teach you the following concepts:

  • The basic of the MLQ4 language, including variables and data types, operations, conditional and loop operators, functions, classes and objects, event handlers and more.
  • Place, modify and close market and pending orders.
  • Add a stop loss and/or take profit price to an individual order, or to multiple orders.
  • Close orders individually or by order type.
  • Get a total of all currently opened orders.
  • Work with OHLC bar data and locate basic candlestick patterns.
  • Find the highest high and lowest low of recent bars.
  • Work with MetaTrader’s built-in indicators, as well as custom indicators.
  • Add a trailing stop or break even stop feature to an expert advisor.
  • Use money management and lot size verification techniques.
  • Add a flexible trading timer to an expert advisor.
  • Construct several types of trading systems, including trend, counter-trend and breakout systems.
  • Add alert, emails, sounds and other notifications.
  • Add and manipulate chart objects.
  • Read and write to CSV files.
  • Construct basic indicators, scripts and libraries.
  • Learn how to effective debug your programs, and use the Strategy Tester to test your strategies.

All of the source code in this book is available for download, including an expert advisor framework that allows you to build robust and fully-featured expert advisors with minimal effort.

Forum on trading, automated trading systems and testing trading strategies

Something Interesting to Read

Sergey Golubev, 2017.09.16 05:48

Expert Advisor Programming for MetaTrader 5


This book will teach you the following concepts:

  • Learn the basics of MQL5, including variables and data types, operators, functions, event handlers, and object-oriented programming.
  • Place, modify and close market and pending orders.
  • Calculate, verify and add stop loss and take profit prices to an open position.
  • Add a flexible trailing stop and/or break even stop to your strategy.
  • Manage your trade risk with money management.
  • Use pending orders to scale in and out of positions.
  • Use price, time and indicator data in your expert advisors.
  • Control program execution by trading on new bar open, and add flexible trade timers to your strategies.
  • Walk through the creation of several basic trading strategies from start to finish.
  • Inform the user with dialog boxes, email alerts, mobile notifications and sounds.
  • Draw trend lines, arrows and text labels on the chart.
  • Read and write data to CSV files.
  • Learn the basics of creating indicators, scripts and libraries in MetaEditor.
  • Debug, test and optimize your trading strategy.
  • And much more!

Whether you’re an experienced programmer moving from MQL4, or a novice just starting with MQL5, this book will give you the foundation to quickly program fully-featured and robust trading systems.

 
Fernando Carreiro:

In the case of volume, you don't need to do anything extra. The parameters passed to the OnCalculate() event handler, already has the volume presented as an array to you.

Also, there is no iVol or  iMAOnArray in MQL5. Those are MQL4 functions. Since this is an MQL5 section (the MQL4 section is at the very bottom), either you posted in the wrong section or you need to have a look at the MQL4 to MQL5 differences.

Since, you seem to be quite a beginner coder, I will recommend reading the following books (either the MQL4 or MQL5):

 MT4/MQL4MT5/MQL5

Ok thank you very much.