Pivot





/*-----------------------------+
|			       |
| Shared by www.Aptrafx.com    |
|			       |
+------------------------------*/

//+------------------------------------------------------------------+
//|                                                        Pivot.mq4 |
//|                               Copyright © 2004, Poul_Trade_Forum |
//|                                                         Aborigen |
//|                                          http://forex.kbpauk.ru/ |
//+------------------------------------------------------------------+
#property copyright "Poul Trade Forum"
#property link      "http://forex.kbpauk.ru/"

#property indicator_chart_window
//#property indicator_separate_window
#property indicator_buffers 7
#property indicator_color1 Orange
//#property indicator_color2 
//#property indicator_color3 
//#property indicator_color4 
//#property indicator_color5 
//#property indicator_color6 
//#property indicator_color7 
//---- input parameters

//---- buffers
double PBuffer[];
//double S1Buffer[];
//double R1Buffer[];
//double S2Buffer[];
//double R2Buffer[];
//double S3Buffer[];
//double R3Buffer[];
string Pivot="Pivot Point";
//string Sup2="", Res2="", Sup3="", Res3="";
int fontsize=10;
double P;
double LastHigh,LastLow,x;

//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
//---- TODO: add your code here

   ObjectDelete("Pivot");
   //ObjectDelete("");
   //ObjectDelete("");
   //ObjectDelete("");
   //ObjectDelete("");
   //ObjectDelete("");
   //ObjectDelete("");   

//----
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   string short_name;


//---- indicator line
   SetIndexStyle(0,DRAW_LINE,0,2,Orange);
   //SetIndexStyle(1,DRAW_LINE,0,2,);
   //SetIndexStyle(2,DRAW_LINE,0,2,);
   //SetIndexStyle(3,DRAW_LINE,0,2,);
   //SetIndexStyle(4,DRAW_LINE,0,2,);
   //SetIndexStyle(5,DRAW_LINE,0,2,);
   //SetIndexStyle(6,DRAW_LINE,0,2,);
   SetIndexBuffer(0,PBuffer);
   //SetIndexBuffer(1,S1Buffer);
   //SetIndexBuffer(2,R1Buffer);
   //SetIndexBuffer(3,S2Buffer);
   //SetIndexBuffer(4,R2Buffer);
   //SetIndexBuffer(5,S3Buffer);
   //SetIndexBuffer(6,R3Buffer);


//---- name for DataWindow and indicator subwindow label
   short_name="Pivot Point";
   IndicatorShortName(short_name);
   SetIndexLabel(0,short_name);

//----
   SetIndexDrawBegin(0,1);
//----
 

//----
   return(0);
  }

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()

  {
   int    counted_bars=IndicatorCounted();

   int limit, i;
//---- indicator calculation
if (counted_bars==0)
{
   x=Period();
   if (x>240) return(-1);
   //ObjectCreate("Pivot", OBJ_TEXT, 0, 0,0);
   //ObjectSetText("Pivot", "                 Pivot Point",fontsize,"Arial",Red);
   //ObjectCreate("Sup1", OBJ_TEXT, 0, 0, 0);
   //ObjectSetText("Sup1", "      S 1",fontsize,"Arial",Red);
   //ObjectCreate("Res1", OBJ_TEXT, 0, 0, 0);
   //ObjectSetText("Res1", "      R 1",fontsize,"Arial",Red);
   //ObjectCreate("Sup2", OBJ_TEXT, 0, 0, 0);
   //ObjectSetText("Sup2", "      S 2",fontsize,"Arial",Red);
   //ObjectCreate("Res2", OBJ_TEXT, 0, 0, 0);
   //ObjectSetText("Res2", "      R 2",fontsize,"Arial",Red);
   //ObjectCreate("Sup3", OBJ_TEXT, 0, 0, 0);
  // ObjectSetText("Sup3", "      S 3",fontsize,"Arial",Red);
   //ObjectCreate("Res3", OBJ_TEXT, 0, 0, 0);
   //ObjectSetText("Res3", "      R 3",fontsize,"Arial",Red);
}
   if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
//   if(counted_bars>0) counted_bars--;
   limit=(Bars-counted_bars)-1;



for (i=limit; i>=0;i--)
{ 

if (High[i+1]>LastHigh) LastHigh=High[i+1];
if (Low[i+1]<LastLow) LastLow=Low[i+1];

if (TimeDay(Time[i])!=TimeDay(Time[i+1]))
   { 
   P=(LastHigh+LastLow+Close[i+1])/3;
   //R1 = (2*P)-LastLow;
   //S1 = (2*P)-LastHigh;
   //R2 = P+(LastHigh - LastLow);
   //S2 = P-(LastHigh - LastLow);
   //R3 = (2*P)+(LastHigh-(2*LastLow));
   //S3 = (2*P)-((2* LastHigh)-LastLow); 
   LastLow=Open[i]; LastHigh=Open[i];

   ObjectMove("Pivot", 0, Time[i],P);
   //ObjectMove("Sup1", 0, Time[i],S1);
   //ObjectMove("Res1", 0, Time[i],R1);
   //ObjectMove("Sup2", 0, Time[i],S2);
   //ObjectMove("Res2", 0, Time[i],R2);
   //ObjectMove("Sup3", 0, Time[i],S3);
   //ObjectMove("Res3", 0, Time[i],R3);

   }
   
    PBuffer[i]=P;
    //S1Buffer[i]=S1;
    //R1Buffer[i]=R1;
    //S2Buffer[i]=S2;
    //R2Buffer[i]=R2;
    //S3Buffer[i]=S3;
    //R3Buffer[i]=R3;

}

//----
   return(0);
  }
//+------------------------------------------------------------------+



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 open time of each bar
Series array that contains close prices for each bar
Series array that contains open prices of each bar


Indicator Curves created:

Implements a curve of type DRAW_LINE


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: