//+------------------------------------------------------------------+ //| Daily M LEVELS.mq4 | //| Copyright © 2006, MetaQuotes Software Corp. | //| http://www.metaquotes.net | //+------------------------------------------------------------------+ #property copyright "Copyright © 2006, MetaQuotes Software Corp." #property link "http://www.metaquotes.net" #property indicator_chart_window //#property indicator_separate_window #property indicator_buffers 7 #property indicator_color1 LightSlateGray #property indicator_color2 DimGray #property indicator_color3 DimGray #property indicator_color4 DimGray #property indicator_color5 DimGray #property indicator_color6 DimGray #property indicator_color7 DimGray //---- input parameters //---- buffers double PBuffer[]; double M0Buffer[]; double M1Buffer[]; double M2Buffer[]; double M3Buffer[]; double M4Buffer[]; double M5Buffer[]; string Pivot="Pivot Point",Sup11="M 2", Res11="M 3"; string Sup22="M 1", Res22="M 4", Sup33="M 0", Res33="M 5"; int fontsize=8; double P,M0,M1,M2,M3,M4,M5; double LastHigh,LastLow,x; //+------------------------------------------------------------------+ //| Custor indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- TODO: add your code here ObjectDelete("Pivot"); ObjectDelete("Sup11"); ObjectDelete("Res11"); ObjectDelete("Sup22"); ObjectDelete("Res22"); ObjectDelete("Sup33"); ObjectDelete("Res33"); //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { string short_name; //---- indicator line SetIndexStyle(0,DRAW_LINE,0,3,LightSlateGray); SetIndexStyle(1,DRAW_LINE,STYLE_DASHDOTDOT,1,DimGray); SetIndexStyle(2,DRAW_LINE,STYLE_DASHDOTDOT,1,DimGray); SetIndexStyle(3,DRAW_LINE,STYLE_DASHDOTDOT,1,DimGray); SetIndexStyle(4,DRAW_LINE,STYLE_DASHDOTDOT,1,DimGray); SetIndexStyle(5,DRAW_LINE,STYLE_DASHDOTDOT,1,DimGray); SetIndexStyle(6,DRAW_LINE,STYLE_DASHDOTDOT,1,DimGray); SetIndexBuffer(0,PBuffer); SetIndexBuffer(1,M0Buffer); SetIndexBuffer(2,M1Buffer); SetIndexBuffer(3,M2Buffer); SetIndexBuffer(4,M3Buffer); SetIndexBuffer(5,M4Buffer); SetIndexBuffer(6,M5Buffer); //---- name for DataWindow and indicator subwindow label short_name="Daily M LEVELS"; 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 ",fontsize,"Arial ",Red); SetIndexLabel(0, "Pivot Point"); ObjectCreate("Sup11", OBJ_TEXT, 0, 0, 0); ObjectSetText("Sup11", " M 2",fontsize,"Arial",Gray); SetIndexLabel(3, "M2"); ObjectCreate("Res11", OBJ_TEXT, 0, 0, 0); ObjectSetText("Res11", " M 3",fontsize,"Arial",Gray); SetIndexLabel(4, "M3"); ObjectCreate("Sup22", OBJ_TEXT, 0, 0, 0); ObjectSetText("Sup22", " M 1",fontsize,"Arial",Gray); SetIndexLabel(2, "M1"); ObjectCreate("Res22", OBJ_TEXT, 0, 0, 0); ObjectSetText("Res22", " M 4",fontsize,"Arial",Gray); SetIndexLabel(5, "M4"); ObjectCreate("Sup33", OBJ_TEXT, 0, 0, 0); ObjectSetText("Sup33", " M 0",fontsize,"Arial",Gray); SetIndexLabel(1, "M0"); ObjectCreate("Res33", OBJ_TEXT, 0, 0, 0); ObjectSetText("Res33", " M 5",fontsize,"Arial",Gray); SetIndexLabel(6, "M5"); } 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 (TimeDayOfWeek(Time[i+1])!=0){ // Monday Fix 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; M0 = (P-(LastHigh - LastLow)+(2*P)-((2* LastHigh)-LastLow))/2; //S3(2*P)-((2* LastHigh)-LastLow); M1 = ((2*P)-LastHigh + P-(LastHigh - LastLow))/2; //S2P-(LastHigh - LastLow); M2 = (P + (2*P)-LastHigh)/2; //S1(2*P)-LastHigh; M3 = (P + (2*P)-LastLow)/2; //R1(2*P)-LastLow; M4 = ((2*P)-LastLow + P+(LastHigh - LastLow))/2; //R2P+(LastHigh - LastLow); M5 = ((2*P)+(LastHigh-(2*LastLow))+P+(LastHigh - LastLow))/2; //R3(2*P)+(LastHigh-(2*LastLow)); LastLow=Open[i]; LastHigh=Open[i]; ObjectMove("Pivot", 0, Time[i],P); ObjectMove("Sup11", 0, Time[i],M2); ObjectMove("Res11", 0, Time[i],M3); ObjectMove("Sup22", 0, Time[i],M1); ObjectMove("Res22", 0, Time[i],M4); ObjectMove("Sup33", 0, Time[i],M0); ObjectMove("Res33", 0, Time[i],M5); } } PBuffer[i]=P; M0Buffer[i]=M0; M1Buffer[i]=M1; M2Buffer[i]=M2; M3Buffer[i]=M3; M4Buffer[i]=M4; M5Buffer[i]=M5; } //---- return(0); } //+------------------------------------------------------------------+
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
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: