#property indicator_separate_window
#property indicator_buffers 4
#property indicator_color1 Green
#property indicator_color2 Red
#property indicator_color3 Red
#property indicator_color4 Green
//---- indicator parameters
extern int TargetPeriod=34;
extern int FiboPeriod=17;
extern bool ShowTarget=true;
extern bool ShowFiboLines=false;
extern bool ShowHighLow=false;
//---- indicator buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
double ExtMapBuffer3[];
double ExtMapBuffer4[];
double zzL[];
double zzH[];
double zz[];
double target1=0,target2=0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexStyle(2,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexBuffer(2,ExtMapBuffer3);
SetIndexStyle(3,DRAW_HISTOGRAM,STYLE_SOLID,2);
SetIndexBuffer(3,ExtMapBuffer4);
return(0);
}
int deinit()
{
//----
ObjectDelete("Target1=");
ObjectDelete("Target2=");
ObjectDelete("TargetUp");
ObjectDelete("TargetDown");
ObjectDelete("TP1");
ObjectDelete("TP2");
ObjectDelete("R0");
ObjectDelete("R1");
ObjectDelete("R2");
ObjectDelete("R3");
ObjectDelete("R4");
ObjectDelete("R5");
ObjectDelete("LH");
ObjectDelete("LL");
ObjectDelete("Low");
ObjectDelete("High");
ObjectDelete("1.0");
ObjectDelete("0.618");
ObjectDelete("0.5");
ObjectDelete("0.382");
ObjectDelete("0.236");
ObjectDelete("0.0");
Comment(" ");
//----
return(0);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
double start()
{
int i,shift,pos,lasthighpos,lastlowpos,curhighpos,curlowpos;
int targethighpos,targetlowpos;
double curlow,curhigh,lasthigh,lastlow,targethigh,targetlow;
double min, max;
lasthighpos=Bars; lastlowpos=Bars;
lastlow=Low[Bars];lasthigh=High[Bars];
targethighpos=Bars; targetlowpos=Bars;
targetlow=Low[Bars];targethigh=High[Bars];
for(shift=Bars-FiboPeriod; shift>=0; shift--)
{
curlowpos=Lowest(NULL,0,MODE_LOW,FiboPeriod,shift);
curlow=Low[curlowpos];
curhighpos=Highest(NULL,0,MODE_HIGH,FiboPeriod,shift);
curhigh=High[curhighpos];
if(shift<Bars-TargetPeriod){
targetlowpos=Lowest(NULL,0,MODE_LOW,TargetPeriod,shift);
targetlow=Low[targetlowpos];
targethighpos=Highest(NULL,0,MODE_HIGH,TargetPeriod,shift);
targethigh=High[targethighpos];
}
//------------------------------------------------
if( curlow>=lastlow ) { lastlow=curlow; }
else
{
if( lasthighpos>curlowpos )
{
zzL[curlowpos]=curlow;
min=100000; pos=lasthighpos;
for(i=lasthighpos; i>=curlowpos; i--)
{
if (zzL[i]==0.0) continue;
if (zzL[i]<min) { min=zzL[i]; pos=i; }
zz[i]=0.0;
}
zz[pos]=min;
}
lastlowpos=curlowpos;
lastlow=curlow;
}
//--- high
if( curhigh<=lasthigh ) { lasthigh=curhigh;}
else
{
if( lastlowpos>curhighpos )
{
zzH[curhighpos]=curhigh;
max=-100000; pos=lastlowpos;
for(i=lastlowpos; i>=curhighpos; i--)
{
if (zzH[i]==0.0) continue;
if (zzH[i]>max) { max=zzH[i]; pos=i; }
zz[i]=0.0;
}
zz[pos]=max;
}
lasthighpos=curhighpos;
lasthigh=curhigh;
}
double p, r5,r4,r3,r2,r1,r0;
double R2= targethigh - targetlow;
double R1= lasthigh - lastlow;
double R= High[lasthighpos] - Low[lastlowpos];
int div=10000;
color Line_color = Green;
color Target_color = Red;
if(Digits==2)div=100;
if(Digits==4)div=10000;
ExtMapBuffer1[shift]=0;
ExtMapBuffer2[shift]=0;
ExtMapBuffer3[shift]=0;
ExtMapBuffer4[shift]=0;
if(lastlowpos<lasthighpos) {
p = curlow;
r5 = p + (R * 1);
r4 = p + (R * 0.618);
r3 = p + (R * 0.5);
r2 = p + (R * 0.382);
r1 = p + (R * 0.236);
r0 = p + (R * 0);
if(Close[0]>(targetlow+(R2*0.618)) )target1= targethigh + (R2 * 0.618);
if(Close[0]>target1)target1= 0;
if(Close[shift]>(curlow+(R1*0.382)) ) ExtMapBuffer4[shift]=((Close[shift]-curlow)-R1)*div;
else ExtMapBuffer3[shift]=((Close[shift]-curlow)-R1)*div;
}
if(lasthighpos<lastlowpos) {
p = curhigh;
r5 = p - (R * 1);
r4 = p - (R * 0.618);
r3 = p - (R * 0.5);
r2 = p - (R * 0.382);
r1 = p - (R * 0.236);
r0 = p - (R * 0);
if(Close[0]<(targethigh-(R2*0.618)) )target2= targetlow - (R2 * 0.618);
if(Close[0]<target2 )target2= 0;
if(Close[shift]<(curhigh-(R1*0.382)) ) ExtMapBuffer2[shift]=(R1-(curhigh-Close[shift]))*div;
else ExtMapBuffer1[shift]=(R1-(curhigh-Close[shift]))*div;
}
if(ShowHighLow==true){
drawLine(High[lasthighpos],"LH", Line_color,1);
drawLabel("High",High[lasthighpos],Line_color,13);
drawLine(Low[lastlowpos],"LL", Line_color,1);
drawLabel("Low",Low[lastlowpos],Line_color,13);
}
if(ShowHighLow==false && ShowFiboLines==true){
drawLine(r5,"R5", Yellow,2);
drawLabel("1.0",r5,Yellow,13);
drawLine(r0,"R0", Yellow,2);
drawLabel("0.0",r0,Yellow,13);
}
if(ShowFiboLines==true){
drawLine(r4,"R4", Yellow,2);
drawLabel("0.618",r4,Yellow,13);
drawLine(r3,"R3", Yellow,2);
drawLabel("0.5",r3,Yellow,13);
drawLine(r2,"R2", Yellow,2);
drawLabel("0.382",r2,Yellow,13);
drawLine(r1,"R1", Yellow,2);
drawLabel("0.236",r1,Yellow,13);
}
if(target1>0 && ShowTarget==true){
drawLine(target1,"TP1", Target_color,2);
drawLabel("TargetUp",target1,Target_color,7);
drawTarget("Target1=",target1,Target_color,1);
}
if(target2>0 && ShowTarget==true){
drawLine(target2,"TP2", Target_color,2);
drawLabel("TargetDown",target2,Target_color,7);
drawTarget("Target2=",target2,Target_color,2);
}
}
}
void drawTarget(string name,double lvl,color Color,int num)
{
string target=DoubleToStr(lvl, Digits);
ObjectCreate(name, OBJ_LABEL, 0, 0, 0);
if(num==1){
ObjectSet(name, OBJPROP_XDISTANCE, 340);
ObjectSet(name, OBJPROP_YDISTANCE, 2);
ObjectSetText(name, "Target UP = "+target, 9, "Arial", Lime);
}
if(num==2){
ObjectSet(name, OBJPROP_XDISTANCE, 470);
ObjectSet(name, OBJPROP_YDISTANCE, 2);
ObjectSetText(name, "Target DOWN = "+target, 9, "Arial", Lime);
}
}
//+------------------------------------------------------------------+
void drawLabel(string name,double lvl,color Color,int time)
{
if(ObjectFind(name) != 0)
{
ObjectCreate(name, OBJ_TEXT, 0, Time[time], lvl);
ObjectSetText(name, name, 8, "Arial", EMPTY);
ObjectSet(name, OBJPROP_COLOR, Color);
}
else
{
ObjectMove(name, 0, Time[time], lvl);
}
}
void drawLine(double lvl,string name, color Col,int type)
{
if(ObjectFind(name) != 0)
{
if(type == 1){
ObjectCreate(name, OBJ_HLINE, 0, Time[0], lvl,Time[0],lvl);
ObjectSet(name, OBJPROP_STYLE, STYLE_SOLID);
}
else {
ObjectCreate(name, OBJ_GANNLINE, 0, Time[15], lvl,Time[0],lvl);
ObjectSet(name, OBJPROP_STYLE, STYLE_SOLID);
}
ObjectSet(name, OBJPROP_COLOR, Col);
ObjectSet(name,OBJPROP_WIDTH,1);
}
else
{
ObjectDelete(name);
if(type == 1){
ObjectCreate(name, OBJ_HLINE, 0, Time[0], lvl,Time[0],lvl);
ObjectSet(name, OBJPROP_STYLE, STYLE_SOLID);
}
else {
ObjectCreate(name, OBJ_GANNLINE, 0, Time[15], lvl,Time[0],lvl);
ObjectSet(name, OBJPROP_STYLE, STYLE_SOLID);
}
ObjectSet(name, OBJPROP_COLOR, Col);
ObjectSet(name,OBJPROP_WIDTH,1);
}
//----------------------------------------------------------------------
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains close prices for each bar
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: