LC_FibonacciDaily





/*-----------------------------+
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+------------------------------*/


#property copyright "Copyright © 2005, Live Charts"
#property link      "http://www.livecharts.co.uk"

#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Red
#property indicator_color2 OrangeRed
#property indicator_color3 Yellow
#property indicator_color4 Aqua
#property indicator_color5 Yellow
#property indicator_color6 OrangeRed
#property indicator_color7 Red



extern bool S1_R1 = true;
extern bool S2_R2 = true;
extern bool S3_R3 = true;



bool sr[3];

int lastShift = -1;
double PP, S[4], R[4];

double PP_Buffer[];

double S1_Buffer[];
double S2_Buffer[];
double S3_Buffer[];

double R1_Buffer[];
double R2_Buffer[];
double R3_Buffer[];



int init()
{
   
   int i;

   IndicatorShortName("Fibonacci Daily");

   IndicatorDigits(MarketInfo(Symbol(), MODE_DIGITS));


   sr[0] = S1_R1;
   sr[1] = S2_R2;
   sr[2] = S3_R3;
   
   for(i=0; i<3; i++)
   {
      int style;
      
      if(sr[i]==true) 
         style = DRAW_LINE;
      else   
         style = DRAW_NONE;
      
      SetIndexStyle(2-i, style);
      SetIndexStyle(i+4, style);
   }
   
            
   SetIndexBuffer(0, S3_Buffer);
   SetIndexBuffer(1, S2_Buffer);
   SetIndexBuffer(2, S1_Buffer);
   SetIndexBuffer(3, PP_Buffer);
   SetIndexBuffer(4, R1_Buffer);
   SetIndexBuffer(5, R2_Buffer);
   SetIndexBuffer(6, R3_Buffer);
   
      
   string indexLabels[] = {"S3", "S2", "S1", "Pivot", "R1", "R2", "R3"};
   
   for(i=0; i<7; i++)
   {
      SetIndexLabel(i, indexLabels[i]);
   }
   
}



int deinit()
{

}



int start()
{

   int counted_bars = IndicatorCounted();    
   int nBars = (Bars - counted_bars) - 1;
   
   
   for(int i=0; i<nBars; i++)
   {
      int shift = iBarShift(NULL, PERIOD_D1, Time[i]) + 1;

      
      if(shift!=lastShift)
      {
         lastShift = shift;
         
         double H = iHigh(NULL, PERIOD_D1, shift);
         double L = iLow(NULL, PERIOD_D1, shift);
         double C = iClose(NULL, PERIOD_D1, shift);
      
         GetFibonacciLevels(H, L, C, PP, S, R);      
      }
      
      
      PP_Buffer[i] = PP;

      S1_Buffer[i] = S[0];
      S2_Buffer[i] = S[1];
      S3_Buffer[i] = S[2];

      R1_Buffer[i] = R[0];
      R2_Buffer[i] = R[1];
      R3_Buffer[i] = R[2];   
   }
      
}



void GetFibonacciLevels(double H, double L, double C, double& PP, double& S[], double& R[])
{

   double k[3];
   
   k[0] = 0.382;
   k[1] = 0.618;
   k[2] = 1.000;
   
   double range = H - L;
   
   PP = (H + L + C)/3;
   
   for(int i=0; i<3; i++)
   {
      S[i] = PP - range*k[i];
      R[i] = PP + range*k[i];
   }

}





Sample





Analysis



Market Information Used:

Series array that contains open time of each bar
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


Indicator Curves created:

Implements a curve of type style


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: