//+------------------------------------------------------------------+
//| Classic Pivot Points
//| |
//+------------------------------------------------------------------+
#property indicator_chart_window
extern bool Daily = True;
extern bool Weekly = False;
extern bool Monthly = False;
double YesterdayHigh;
double YesterdayLow;
double YesterdayClose;
double Day_Price[][6];
double Pivot,S1,S2,S3,R1,R2,R3;
double WeekHigh;
double WeekLow;
double WeekClose;
double Weekly_Price[][6];
double WeekPivot,WS1,WS2,WS3,WR1,WR2,WR3;
double MonthHigh;
double MonthLow;
double MonthClose;
double Month_Price[][6];
double MonthPivot,MS1,MS2,MS3,MR1,MR2,MR3;
int init()
{
return(0);
}
//--------------------------------------------------------
int deinit()
{
ObjectDelete("PivotLine");
ObjectDelete("R1_Line");
ObjectDelete("R2_Line");
ObjectDelete("R3_Line");
ObjectDelete("S1_Line");
ObjectDelete("S2_Line");
ObjectDelete("S3_Line");
//--------------------------------
ObjectDelete("PivotLabel");
ObjectDelete("R1_Label");
ObjectDelete("R2_Label");
ObjectDelete("R3_Label");
ObjectDelete("S1_Label");
ObjectDelete("S2_Label");
ObjectDelete("S3_Label");
//--------------------------------------------------------
ObjectDelete("WeekPivotLine");
ObjectDelete("WR1_Line");
ObjectDelete("WR2_Line");
ObjectDelete("WR3_Line");
ObjectDelete("WS1_Line");
ObjectDelete("WS2_Line");
ObjectDelete("WS3_Line");
//--------------------------------
ObjectDelete("WeekPivotLabel");
ObjectDelete("WR1_Label");
ObjectDelete("WR2_Label");
ObjectDelete("WR3_Label");
ObjectDelete("WS1_Label");
ObjectDelete("WS2_Label");
ObjectDelete("WS3_Label");
//--------------------------------------------------------
ObjectDelete("MonthPivotLine");
ObjectDelete("MR1_Line");
ObjectDelete("MR2_Line");
ObjectDelete("MR3_Line");
ObjectDelete("MS1_Line");
ObjectDelete("MS2_Line");
ObjectDelete("MS3_Line");
//--------------------------------
ObjectDelete("MonthPivotLabel");
ObjectDelete("MR1_Label");
ObjectDelete("MR2_Label");
ObjectDelete("MR3_Label");
ObjectDelete("MS1_Label");
ObjectDelete("MS2_Label");
ObjectDelete("MS3_Label");
return(0);
}
//---------------------------------------------------------
int start()
{
ArrayInitialize(Day_Price,0);
ArrayCopyRates(Day_Price,(Symbol()), 1440);
YesterdayHigh = Day_Price[1][3];
YesterdayLow = Day_Price[1][2];
YesterdayClose = Day_Price[1][4];
Pivot = ((YesterdayHigh + YesterdayLow + YesterdayClose)/3);
R1 = (2*Pivot)-YesterdayLow;
S1 = (2*Pivot)-YesterdayHigh;
R2 = Pivot+(R1-S1);
S2 = Pivot-(R1-S1);
S3 = (Pivot - (R2-S2));
R3 = R2 + (Pivot-S2);
//--------------------------------------------------------
//--------------------------------------------------------
ArrayInitialize(Weekly_Price, 0);
ArrayCopyRates(Weekly_Price, Symbol(), 10080);
WeekHigh = Weekly_Price[1][3];
WeekLow = Weekly_Price[1][2];
WeekClose = Weekly_Price[1][4];
WeekPivot = ((WeekHigh + WeekLow + WeekClose)/3);
WR1 = (2*WeekPivot)-WeekLow;
WS1 = (2*WeekPivot)-WeekHigh;
WR2 = WeekPivot+(WR1-WS1);
WS2 = WeekPivot-(WR1-WS1);
WS3 = (WeekPivot - (WR2-WS2));
WR3 = (WR2 + (WeekPivot-WS2));
//--------------------------------------------------------
//--------------------------------------------------------
ArrayInitialize(Month_Price, 0);
ArrayCopyRates(Month_Price, Symbol(), 43200);
MonthHigh = Month_Price[1][3];
MonthLow = Month_Price[1][2];
MonthClose = Month_Price[1][4];
MonthPivot = ((MonthHigh + MonthLow + MonthClose)/3);
MR1 = (2*MonthPivot)-MonthLow;
MS1 = (2*MonthPivot)-MonthHigh;
MR2 = MonthPivot+(MR1-MS1);
MS2 = MonthPivot-(MR1-MS1);
MS3 = (MonthPivot - (MR2-MS2));
MR3 = (MR2 + (MonthPivot-MS2));
//--------------------------------------------------------
if (Daily==true)
{
ObjectCreate("PivotLine", OBJ_HLINE,0, CurTime(),Pivot);
ObjectSet("PivotLine", OBJPROP_COLOR, Magenta);
ObjectSet("PivotLine", OBJPROP_STYLE, STYLE_DASH);
if(ObjectFind("PivotLabel") != 0)
{
ObjectCreate("PivotLabel", OBJ_TEXT, 0, Time[20], Pivot);
ObjectSetText("PivotLabel", "Daily Pivot", 8, "Arial", Magenta);
}
else
{
ObjectMove("PivotLabel", 0, Time[20], Pivot);
}
//--------------------------------------------------------
ObjectCreate("R1_Line", OBJ_HLINE,0, CurTime(),R1);
ObjectSet("R1_Line", OBJPROP_COLOR, Red);
ObjectSet("R1_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("R1_Label") != 0)
{
ObjectCreate("R1_Label", OBJ_TEXT, 0, Time[20], R1);
ObjectSetText("R1_Label", "Daily R1", 8, "Arial", Red);
}
else
{
ObjectMove("R1_Label", 0, Time[20], R1);
}
//--------------------------------------------------------
ObjectCreate("R2_Line", OBJ_HLINE,0, CurTime(),R2);
ObjectSet("R2_Line", OBJPROP_COLOR, Red);
ObjectSet("R2_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("R2_Label") != 0)
{
ObjectCreate("R2_Label", OBJ_TEXT, 0, Time[20], R2);
ObjectSetText("R2_Label", "Daily R2", 8, "Arial", Red);
}
else
{
ObjectMove("R2_Label", 0, Time[20], R2);
}
//---------------------------------------------------------
ObjectCreate("R3_Line", OBJ_HLINE,0, CurTime(),R3);
ObjectSet("R3_Line", OBJPROP_COLOR, Red);
ObjectSet("R3_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("R3_Label") != 0)
{
ObjectCreate("R3_Label", OBJ_TEXT, 0, Time[20], R3);
ObjectSetText("R3_Label", "Daily R3", 8, "Arial", Red);
}
else
{
ObjectMove("R3_Label", 0, Time[20], R3);
}
//---------------------------------------------------------
ObjectCreate("S1_Line", OBJ_HLINE,0, CurTime(),S1);
ObjectSet("S1_Line", OBJPROP_COLOR, LimeGreen);
ObjectSet("S1_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("S1_Label") != 0)
{
ObjectCreate("S1_Label", OBJ_TEXT, 0, Time[20], S1);
ObjectSetText("S1_Label", "Daily S1", 8, "Arial", LimeGreen);
}
else
{
ObjectMove("S1_Label", 0, Time[20], S1);
}
//---------------------------------------------------------
ObjectCreate("S2_Line", OBJ_HLINE,0, CurTime(),S2);
ObjectSet("S2_Line", OBJPROP_COLOR, LimeGreen);
ObjectSet("S2_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("S2_Label") != 0)
{
ObjectCreate("S2_Label", OBJ_TEXT, 0, Time[20], S2);
ObjectSetText("S2_Label", "Daily S2", 8, "Arial", LimeGreen);
}
else
{
ObjectMove("S2_Label", 0, Time[20], S2);
}
//---------------------------------------------------------
ObjectCreate("S3_Line", OBJ_HLINE,0, CurTime(),S3);
ObjectSet("S3_Line", OBJPROP_COLOR, LimeGreen);
ObjectSet("S3_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("S3_Label") != 0)
{
ObjectCreate("S3_Label", OBJ_TEXT, 0, Time[20], S3);
ObjectSetText("S3_Label", "Daily S3", 8, "Arial", LimeGreen);
}
else
{
ObjectMove("S3_Label", 0, Time[20], S3);
}
}
ObjectsRedraw();
//---------------------------------------------------------
//---------------------------------------------------------
//---------------------------------------------------------
if (Weekly==true)
{
ObjectCreate("WeekPivotLine", OBJ_HLINE,0, CurTime(),WeekPivot);
ObjectSet("WeekPivotLine", OBJPROP_COLOR, Aqua);
ObjectSet("WeekPivotLine", OBJPROP_STYLE, STYLE_DASH);
if(ObjectFind("WeekPivotLabel") != 0)
{
ObjectCreate("WeekPivotLabel", OBJ_TEXT, 0, Time[30], WeekPivot);
ObjectSetText("WeekPivotLabel", "WeeklyPivot", 8, "Arial", Aqua);
}
else
{
ObjectMove("WeekPivotLabel", 0, Time[30], WeekPivot);
}
//--------------------------------------------------------
ObjectCreate("WR1_Line", OBJ_HLINE,0, CurTime(),WR1);
ObjectSet("WR1_Line", OBJPROP_COLOR, Yellow);
ObjectSet("WR1_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("WR1_Label") != 0)
{
ObjectCreate("WR1_Label", OBJ_TEXT, 0, Time[30], WR1);
ObjectSetText("WR1_Label", " Weekly R1", 8, "Arial", Yellow);
}
else
{
ObjectMove("WR1_Label", 0, Time[30], WR1);
}
//--------------------------------------------------------
ObjectCreate("WR2_Line", OBJ_HLINE,0, CurTime(),WR2);
ObjectSet("WR2_Line", OBJPROP_COLOR, Yellow);
ObjectSet("WR2_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("WR2_Label") != 0)
{
ObjectCreate("WR2_Label", OBJ_TEXT, 0, Time[30], WR2);
ObjectSetText("WR2_Label", " Weekly R2", 8, "Arial", Yellow);
}
else
{
ObjectMove("WR2_Label", 0, Time[30], WR2);
}
//---------------------------------------------------------
ObjectCreate("WR3_Line", OBJ_HLINE,0, CurTime(),WR3);
ObjectSet("WR3_Line", OBJPROP_COLOR, Yellow);
ObjectSet("WR3_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("WR3_Label") != 0)
{
ObjectCreate("WR3_Label", OBJ_TEXT, 0, Time[30], WR3);
ObjectSetText("WR3_Label", " Weekly R3", 8, "Arial", Yellow);
}
else
{
ObjectMove("WR3_Label", 0, Time[30], WR3);
}
//---------------------------------------------------------
ObjectCreate("WS1_Line", OBJ_HLINE,0, CurTime(),WS1);
ObjectSet("WS1_Line", OBJPROP_COLOR, SteelBlue);
ObjectSet("WS1_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("WS1_Label") != 0)
{
ObjectCreate("WS1_Label", OBJ_TEXT, 0, Time[30], WS1);
ObjectSetText("WS1_Label", "Weekly S1", 8, "Arial", SteelBlue);
}
else
{
ObjectMove("WS1_Label", 0, Time[30], WS1);
}
//---------------------------------------------------------
ObjectCreate("WS2_Line", OBJ_HLINE,0, CurTime(),WS2);
ObjectSet("WS2_Line", OBJPROP_COLOR, SteelBlue);
ObjectSet("WS2_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("WS2_Label") != 0)
{
ObjectCreate("WS2_Label", OBJ_TEXT, 0, Time[30], WS2);
ObjectSetText("WS2_Label", "Weekly S2", 8, "Arial", SteelBlue);
}
else
{
ObjectMove("WS2_Label", 0, Time[30], WS2);
}
//---------------------------------------------------------
ObjectCreate("WS3_Line", OBJ_HLINE,0, CurTime(),WS3);
ObjectSet("WS3_Line", OBJPROP_COLOR, SteelBlue);
ObjectSet("WS3_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("WS3_Label") != 0)
{
ObjectCreate("WS3_Label", OBJ_TEXT, 0, Time[30], WS3);
ObjectSetText("WS3_Label", "Weekly S3", 8, "Arial", SteelBlue);
}
else
{
ObjectMove("WS3_Label", 0, Time[30], WS3);
}
}
//---------------------------------------------------------
//---------------------------------------------------------
//---------------------------------------------------------
if (Monthly==true)
{
ObjectCreate("MonthPivotLine", OBJ_HLINE,0, CurTime(),MonthPivot);
ObjectSet("MonthPivotLine", OBJPROP_COLOR, Brown);
ObjectSet("MonthPivotLine", OBJPROP_STYLE, STYLE_DASH);
if(ObjectFind("MonthPivotLabel") != 0)
{
ObjectCreate("MonthPivotLabel", OBJ_TEXT, 0, Time[40], MonthPivot);
ObjectSetText("MonthPivotLabel", "MonthlyPivot", 8, "Arial", Brown);
}
else
{
ObjectMove("MonthPivotLabel", 0, Time[40], MonthPivot);
}
//--------------------------------------------------------
ObjectCreate("MR1_Line", OBJ_HLINE,0, CurTime(),MR1);
ObjectSet("MR1_Line", OBJPROP_COLOR, Blue);
ObjectSet("MR1_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("MR1_Label") != 0)
{
ObjectCreate("MR1_Label", OBJ_TEXT, 0, Time[40], MR1);
ObjectSetText("MR1_Label", " Monthly R1", 8, "Arial", Blue);
}
else
{
ObjectMove("MR1_Label", 0, Time[40], MR1);
}
//--------------------------------------------------------
ObjectCreate("MR2_Line", OBJ_HLINE,0, CurTime(),MR2);
ObjectSet("MR2_Line", OBJPROP_COLOR, Blue);
ObjectSet("MR2_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("MR2_Label") != 0)
{
ObjectCreate("MR2_Label", OBJ_TEXT, 0, Time[40], MR2);
ObjectSetText("MR2_Label", " Monthly R2", 8, "Arial", Blue);
}
else
{
ObjectMove("MR2_Label", 0, Time[40], MR2);
}
//---------------------------------------------------------
ObjectCreate("MR3_Line", OBJ_HLINE,0, CurTime(),MR3);
ObjectSet("MR3_Line", OBJPROP_COLOR, Blue);
ObjectSet("MR3_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("MR3_Label") != 0)
{
ObjectCreate("MR3_Label", OBJ_TEXT, 0, Time[40], MR3);
ObjectSetText("MR3_Label", " Monthly R3", 8, "Arial", Blue);
}
else
{
ObjectMove("MR3_Label", 0, Time[40], MR3);
}
//---------------------------------------------------------
ObjectCreate("MS1_Line", OBJ_HLINE,0, CurTime(),MS1);
ObjectSet("MS1_Line", OBJPROP_COLOR, Silver);
ObjectSet("MS1_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("MS1_Label") != 0)
{
ObjectCreate("MS1_Label", OBJ_TEXT, 0, Time[40], MS1);
ObjectSetText("MS1_Label", "Monthly S1", 8, "Arial", Silver);
}
else
{
ObjectMove("MS1_Label", 0, Time[40], MS1);
}
//---------------------------------------------------------
ObjectCreate("MS2_Line", OBJ_HLINE,0, CurTime(),MS2);
ObjectSet("MS2_Line", OBJPROP_COLOR, Silver);
ObjectSet("MS2_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("MS2_Label") != 0)
{
ObjectCreate("MS2_Label", OBJ_TEXT, 0, Time[40], MS2);
ObjectSetText("MS2_Label", "Monthly S2", 8, "Arial", Silver);
}
else
{
ObjectMove("MS2_Label", 0, Time[40], MS2);
}
//---------------------------------------------------------
ObjectCreate("MS3_Line", OBJ_HLINE,0, CurTime(),MS3);
ObjectSet("MS3_Line", OBJPROP_COLOR, Silver);
ObjectSet("MS3_Line", OBJPROP_STYLE, STYLE_DASHDOTDOT);
if(ObjectFind("MS3_Label") != 0)
{
ObjectCreate("MS3_Label", OBJ_TEXT, 0, Time[40], MS3);
ObjectSetText("MS3_Label", "Monthly S3", 8, "Arial", Silver);
}
else
{
ObjectMove("MS3_Label", 0, Time[40], MS3);
}
}
//---------------------------------------------------------
ObjectsRedraw();
return(0);
}
Sample
Analysis
Market Information Used:
Series array that contains open time of each bar
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: