daily_open_line_001





//*
//* my_DailyOpen_indicator
//*
//* Revision 1.1  2005/11/13 Midnite
//* Initial DailyOpen indicator
//* based pm  
//*
#property copyright "Midnite"
#property link      "me@home.net"

#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 Magenta


double TodayOpenBuffer[];
extern int TimeZoneOfData= 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
{
	SetIndexStyle(0,DRAW_SECTION,NULL);
	SetIndexBuffer(0,TodayOpenBuffer);
	SetIndexLabel(0,"Daily Open");
	SetIndexEmptyValue(0,0.0);
	return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
{
	return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
{
   int lastbar;
   int counted_bars= IndicatorCounted();
   
   if (counted_bars>0) counted_bars--;
   lastbar = Bars-counted_bars;	
   DailyOpen(0,lastbar);
   
   return (0);
}
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
int DailyOpen(int offset, int lastbar)
{
   int shift;
   int tzdiffsec= TimeZoneOfData * 3600;
   double barsper30= 1.0*PERIOD_M30/Period();
   bool ShowDailyOpenLevel= True;
   // lastbar+= barsperday+2;  // make sure we catch the daily open		 
   lastbar= MathMin(Bars-20*barsper30-1, lastbar);

	for(shift=lastbar;shift>=offset;shift--){
	  TodayOpenBuffer[shift]= 0;
     if (ShowDailyOpenLevel){
       if(TimeDay(Time[shift]-tzdiffsec) != TimeDay(Time[shift+1]-tzdiffsec)){      // day change
         TodayOpenBuffer[shift]= Open[shift];         
         TodayOpenBuffer[shift+1]= 0;                                                           // avoid stairs in the line
       }
       else{
         TodayOpenBuffer[shift]= TodayOpenBuffer[shift+1];
       }
	  }
   }
   return(0);     
}



Sample





Analysis



Market Information Used:

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


Indicator Curves created:

Implements a curve of type DRAW_SECTION


Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: