//+------------------------------------------------------------------+ //| Batfink Daily Range.MT4 | //| | //+------------------------------------------------------------------+ /* Introduction: Draw Line at 00:00GMT + and - 55 TimeZONE Information - Indicator can be used for different Time Zones. For Batfink settings set to -5 for MetaQuotes demo Server This will place home line at 00:00GMT Time */ #property indicator_chart_window #property indicator_buffers 5 #property indicator_color1 Yellow #property indicator_color2 LightSteelBlue extern int LocalTimeZone= 2; extern int DestTimeZone= 0; extern int PipsForEntry= 55; double Zone1Upper[]; double Zone1Lower[]; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { SetIndexStyle(0,DRAW_LINE); SetIndexBuffer(0,Zone1Upper); SetIndexEmptyValue(0, 0.0); SetIndexStyle(1,DRAW_LINE); SetIndexBuffer(1,Zone1Lower); SetIndexEmptyValue(1, 0.0); return(0); } int deinit() { return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { int counted_bars= IndicatorCounted(), lastbar, result; if (Bars<=100) return(0); if (counted_bars>0) counted_bars--; lastbar= Bars - counted_bars; BreakoutRanges(0, lastbar, LocalTimeZone, DestTimeZone); return(0); } //+------------------------------------------------------------------+ //| Compute index of first/last bar of yesterday and today | //+------------------------------------------------------------------+ int BreakoutRanges(int offset, int lastbar, int tzlocal, int tzdest) { int i, j, k, tzdiff= tzlocal - tzdest, tzdiffsec= tzdiff*3600, tidxstart[2]= { 0, 0}, tidxend[2]= { 0, 0 }; double topen[2]= { 0.0, 0.0 }, tclose[2]= { 99999.9, 99999.9 }; string tfrom[3]= { "07:00", "08:00" , /*rest of day: */ "12:00"}, tto[3]= { "08:00", "12:00", /*rest of day: */ "24:00" }, tday; bool inperiod= -1; datetime timet; // // search back for the beginning of the day // tday= TimeToStr(Time[lastbar]-tzdiffsec, TIME_DATE); for ( ; lastbar<Bars; lastbar++) { if (TimeToStr(Time[lastbar] - tzdiffsec, TIME_DATE)!=tday) { lastbar--; break; } } // // find the high/low for the two periods and carry them forward through the day // tday= "XXX"; for (i= lastbar; i>=offset; i--) { timet= Time[i] - tzdiffsec; // time of this bar string timestr= TimeToStr(timet, TIME_MINUTES), // current time HH:MM thisday= TimeToStr(timet, TIME_DATE); // current date // // for all three periods (first period, second period, rest of day) // for (j= 0; j<3; j++) { if (tfrom[j]<=timestr && timestr<tto[j]) { // Bar[i] in this period if (inperiod!=j) { // entered new period, so last one is completed if (j>0) { // now draw high/low back over the recently completed period for (k= tidxstart[j-1]; k>=tidxend[j-1]; k--) { if (j-1==0) { Zone1Upper[k]= tclose[j-1]; Zone1Lower[k]= tclose[j-1]; } } inperiod= j; // remember current period } // for the current period find idxstart, idxend and compute high/low if (tidxstart[j]==0) { tidxstart[j]= i; tday= thisday; } tidxend[j]= i; topen[j]= MathMax(topen[j], Open[i]); tclose[j]= MathMin(tclose[j], Close[i]); } } //------------------------------------------------------------------------ // carry forward the periods for which we have definite high/lows // if (inperiod>=1 && tday==thisday) { // first time period completed Zone1Upper[i]= tclose[0] + PipsForEntry*Point; Zone1Lower[i]= tclose[0] - PipsForEntry*Point; } } // // at the beginning of a new day reset everything // if (tday!="XXX" && tday!=thisday) { Print("#", i, "new day ", thisday, "/", tday); tday= "XXX"; inperiod= -1; for (j= 0; j<2; j++) { tidxstart[j]= 0; tidxend[j]= 0; topen[j]= 0; tclose[j]= 99999; } } } return (0); }
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains open prices of each bar
Series array that contains close prices for each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: