//+------------------------------------------------------------------+
//| DailyPivotPoints.mq4 |
//| Copyright © 2005, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
//---- input parameters
extern int ExtFormula=0;
extern int ExtHowManyDays=30;
extern bool ExtDraw=true;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexEmptyValue(0,0.0);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexEmptyValue(1,0.0);
//---- clear buffers when reinitializing
if(ArraySize(ExtMapBuffer1)>0) ArrayInitialize(ExtMapBuffer1,0.0);
if(ArraySize(ExtMapBuffer2)>0) ArrayInitialize(ExtMapBuffer2,0.0);
//---- set labels for DataWindow
if(ExtDraw)
{
if(ExtFormula==0)
{
SetIndexLabel(0,"Pivot");
SetIndexLabel(1,NULL);
}
else
{
SetIndexLabel(0,"Resistance");
SetIndexLabel(1,"Support");
}
}
else
{
SetIndexLabel(0,NULL);
SetIndexLabel(1,NULL);
}
//---- force daily data load
iBars(NULL,PERIOD_D1);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- deleting our lines
ObjectDelete("Pivot_Line");
ObjectDelete("R0.5_Line");
ObjectDelete("R1.0_Line");
ObjectDelete("R1.5_Line");
ObjectDelete("R2.0_Line");
ObjectDelete("R2.5_Line");
ObjectDelete("R3.0_Line");
ObjectDelete("S0.5_Line");
ObjectDelete("S1.0_Line");
ObjectDelete("S1.5_Line");
ObjectDelete("S2.0_Line");
ObjectDelete("S2.5_Line");
ObjectDelete("S3.0_Line");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int begin_bar, first_bar, last_bar, cnt;
double yesterday_high, yesterday_low, yesterday_close, today_open;
double P, S, R, S05, R05, S10, R10, S15, R15, S20, R20, S25, R25, S30, R30;
//---- test parameters
if(ExtFormula<0 || ExtFormula>3) return(-1);
if(Period()>=PERIOD_D1) return(-1);
//---- if daily data not loaded yet
cnt=0;
while(true)
{
if(iTime(NULL,PERIOD_D1,0)>=(Time[0]-PERIOD_D1*60)) break;
cnt++;
if(cnt>5) return(0);
Sleep(1000);
}
//---- set check beginning
if(ExtHowManyDays<1) begin_bar=iBars(NULL,PERIOD_D1)-2;
else begin_bar=ExtHowManyDays-1;
//---- case of recounting current pivot only
if(ExtDraw==false || counted_bars>0) begin_bar=0;
//----
for(cnt=begin_bar; cnt>=0; cnt--)
{
yesterday_close=iClose(NULL,PERIOD_D1,cnt+1);
today_open=iOpen(NULL,PERIOD_D1,cnt);
yesterday_high=iHigh(NULL,PERIOD_D1,cnt+1);
yesterday_low=iLow(NULL,PERIOD_D1,cnt+1);
P = (yesterday_high + yesterday_low + yesterday_close + today_open) / 4;
switch(ExtFormula)
{
case 1 :
R = P + P - yesterday_low;
S = P + P - yesterday_high;
break;
case 2 :
R = P + yesterday_high - yesterday_low;
S = P - yesterday_high + yesterday_low;
break;
case 3 :
R = P + P - yesterday_low - yesterday_low + yesterday_high;
S = P + P - yesterday_high - yesterday_high + yesterday_low;
}
if(ExtDraw==true)
{
first_bar=iBarShift(NULL,0,iTime(NULL,PERIOD_D1,cnt))-1;
if(cnt>0) last_bar=iBarShift(NULL,0,iTime(NULL,PERIOD_D1,cnt-1))-1;
else last_bar=0;
while(first_bar>=last_bar)
{
if(first_bar==last_bar && last_bar>0) break;
if(ExtFormula==0) ExtMapBuffer1[first_bar]=P;
else
{
ExtMapBuffer1[first_bar]=R;
ExtMapBuffer2[first_bar]=S;
}
first_bar--;
}
}
}
P = NormalizeDouble((yesterday_high + yesterday_low + yesterday_close)/3,Digits);
R10 = NormalizeDouble((2*P)-yesterday_low,Digits);
S10 = NormalizeDouble((2*P)-yesterday_high,Digits);
R05 = NormalizeDouble((P+R10)/2,Digits);
S05 = NormalizeDouble((P+S10)/2,Digits);
R20 = NormalizeDouble(P+(yesterday_high-yesterday_low),Digits);
S20 = NormalizeDouble(P-(yesterday_high-yesterday_low),Digits);
R15 = NormalizeDouble((R10+R20)/2,Digits);
S15 = NormalizeDouble((S10+S20)/2,Digits);
R30 = NormalizeDouble(2*P+(yesterday_high-2*yesterday_low),Digits);
S30 = NormalizeDouble(2*P-(2*yesterday_high-yesterday_low),Digits);
R25 = NormalizeDouble((R20+R30)/2,Digits);
S25 = NormalizeDouble((S20+S30)/2,Digits);
ObjectCreate("Pivot_Line", OBJ_HLINE, 0, 0, P);
ObjectSet("Pivot_Line", OBJPROP_COLOR, Yellow);
ObjectSet("Pivot_Line", OBJPROP_STYLE, STYLE_SOLID);
ObjectSetText("Pivot_Line","Pivot "+DoubleToStr(P,Digits));
ObjectCreate("R0.5_Line", OBJ_HLINE, 0, 0, R05);
ObjectSet("R0.5_Line", OBJPROP_COLOR, GreenYellow);
ObjectSet("R0.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R0.5_Line","R0.5 "+DoubleToStr(R05,Digits));
ObjectCreate("R1.0_Line", OBJ_HLINE, 0, 0, R10);
ObjectSet("R1.0_Line", OBJPROP_COLOR, YellowGreen);
ObjectSet("R1.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R1.0_Line","R1.0 "+DoubleToStr(R10,Digits));
ObjectCreate("R1.5_Line", OBJ_HLINE, 0, 0, R15);
ObjectSet("R1.5_Line", OBJPROP_COLOR, GreenYellow);
ObjectSet("R1.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R1.5_Line","R1.5 "+DoubleToStr(R15,Digits));
ObjectCreate("R2.0_Line", OBJ_HLINE, 0, 0, R20);
ObjectSet("R2.0_Line", OBJPROP_COLOR, YellowGreen);
ObjectSet("R2.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R2.0_Line","R2.0 "+DoubleToStr(R20,Digits));
ObjectCreate("R2.5_Line", OBJ_HLINE, 0, 0, R25);
ObjectSet("R2.5_Line", OBJPROP_COLOR, GreenYellow);
ObjectSet("R2.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R2.5_Line","R2.5 "+DoubleToStr(R25,Digits));
ObjectCreate("R3.0_Line", OBJ_HLINE, 0, 0, R30);
ObjectSet("R3.0_Line", OBJPROP_COLOR, YellowGreen);
ObjectSet("R3.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R3.0_Line","R3.0 "+DoubleToStr(R30,Digits));
ObjectCreate("S0.5_Line", OBJ_HLINE, 0, 0, S05);
ObjectSet("S0.5_Line", OBJPROP_COLOR, Salmon);
ObjectSet("S0.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S0.5_Line","S0.5 "+DoubleToStr(S05,Digits));
ObjectCreate("S1.0_Line", OBJ_HLINE, 0, 0, S10);
ObjectSet("S1.0_Line", OBJPROP_COLOR, Salmon);
ObjectSet("S1.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S1.0_Line","S1.0 "+DoubleToStr(S10,Digits));
ObjectCreate("S1.5_Line", OBJ_HLINE, 0, 0, S15);
ObjectSet("S1.5_Line", OBJPROP_COLOR, Salmon);
ObjectSet("S1.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S1.5_Line","S1.5 "+DoubleToStr(S15,Digits));
ObjectCreate("S2.0_Line", OBJ_HLINE, 0, 0, S20);
ObjectSet("S2.0_Line", OBJPROP_COLOR, Salmon);
ObjectSet("S2.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S2.0_Line","S2.0 "+DoubleToStr(S20,Digits));
ObjectCreate("S2.5_Line", OBJ_HLINE, 0, 0, S25);
ObjectSet("S2.5_Line", OBJPROP_COLOR, Salmon);
ObjectSet("S2.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S2.5_Line","S2.5 "+DoubleToStr(S25,Digits));
ObjectCreate("S3.0_Line", OBJ_HLINE, 0, 0, S30);
ObjectSet("S3.0_Line", OBJPROP_COLOR, Salmon);
ObjectSet("S3.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S3.0_Line","S3.0 "+DoubleToStr(S30,Digits));
//---- force objects drawing
ObjectsRedraw();
//----
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: