//+------------------------------------------------------------------+
//| DailyPivot_Shift.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_buffers 2
#property indicator_color1 Blue
#property indicator_color2 Red
//---- input parameters
extern int ShiftTime = 1;
extern int ExtFormula= 0;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
//+------------------------------------------------------------------+
//| Deleting lines function |
//+------------------------------------------------------------------+
void DeleteLines()
{
ObjectDelete("Pivot_Line");
ObjectDelete("R0.5_Line");
ObjectDelete("R1.0_Line");
ObjectDelete("R1.5_Line");
ObjectDelete("R2.0_Line");
ObjectDelete("R2.5_Line");
ObjectDelete("R3.0_Line");
ObjectDelete("S0.5_Line");
ObjectDelete("S1.0_Line");
ObjectDelete("S1.5_Line");
ObjectDelete("S2.0_Line");
ObjectDelete("S2.5_Line");
ObjectDelete("S3.0_Line");
ObjectsRedraw();
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
if(MathAbs(ShiftTime)>23) ShiftTime=0;
Comment("Shift Hours = ", ShiftTime);
if(ShiftTime<0) ShiftTime+=24;
ShiftTime*=3600;
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexEmptyValue(0,0.0);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);
SetIndexEmptyValue(1,0.0);
//---- clear buffers when reinitializing
if(ArraySize(ExtMapBuffer1)>0) ArrayInitialize(ExtMapBuffer1,0.0);
if(ArraySize(ExtMapBuffer2)>0) ArrayInitialize(ExtMapBuffer2,0.0);
//---- set labels for DataWindow
if(ExtFormula==0)
{
SetIndexLabel(0,"Pivot");
SetIndexLabel(1,NULL);
}
else
{
SetIndexLabel(0,"Resistance");
SetIndexLabel(1,"Support");
}
//----
DeleteLines();
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
DeleteLines();
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int begin_bar, cnt;
double hi=0, lo=0, cl;
double yesterday_high, yesterday_low, yesterday_close, today_open;
double P, S, R, S05, R05, S10, R10, S15, R15, S20, R20, S25, R25, S30, R30;
//---- test parameters
if(ExtFormula<0 || ExtFormula>3) return(-1);
if(Period()>=PERIOD_D1) return(-1);
if(counted_bars==Bars-1) return(-1);
//---- set check beginning
begin_bar=Bars-counted_bars;
//----
int new_day=TimeDayOfWeek(Time[begin_bar]-ShiftTime);
for(cnt=MathMax(begin_bar,1440/Period()); cnt>=0; cnt--)
{
if(TimeDayOfWeek(Time[cnt]-ShiftTime)==new_day)
{
if(High[cnt]>hi) hi=High[cnt];
if((Low[cnt]<lo)||(lo==0)) lo=Low[cnt];
cl=Close[cnt];
}
else
{
new_day=TimeDayOfWeek(Time[cnt]-ShiftTime);
if(new_day>0 && new_day<6)
{
yesterday_close=cl;
yesterday_high=hi;
yesterday_low=lo;
hi=0;lo=0;
P = (yesterday_high + yesterday_low + yesterday_close) / 3;
}
switch(ExtFormula)
{
case 1 :
R = P + P - yesterday_low;
S = P + P - yesterday_high;
break;
case 2 :
R = P + yesterday_high - yesterday_low;
S = P - yesterday_high + yesterday_low;
break;
case 3 :
R = P + P - yesterday_low - yesterday_low + yesterday_high;
S = P + P - yesterday_high - yesterday_high + yesterday_low;
}
}
if(ExtFormula==0) ExtMapBuffer1[cnt]=P;
else
{
ExtMapBuffer1[cnt]=R;
ExtMapBuffer2[cnt]=S;
}
}
P = NormalizeDouble((yesterday_high + yesterday_low + yesterday_close)/3,Digits);
R10 = NormalizeDouble((2*P)-yesterday_low,Digits);
S10 = NormalizeDouble((2*P)-yesterday_high,Digits);
R05 = NormalizeDouble((P+R10)/2,Digits);
S05 = NormalizeDouble((P+S10)/2,Digits);
R20 = NormalizeDouble(P+(yesterday_high-yesterday_low),Digits);
S20 = NormalizeDouble(P-(yesterday_high-yesterday_low),Digits);
R15 = NormalizeDouble((R10+R20)/2,Digits);
S15 = NormalizeDouble((S10+S20)/2,Digits);
R30 = NormalizeDouble(2*P+(yesterday_high-2*yesterday_low),Digits);
S30 = NormalizeDouble(2*P-(2*yesterday_high-yesterday_low),Digits);
R25 = NormalizeDouble((R20+R30)/2,Digits);
S25 = NormalizeDouble((S20+S30)/2,Digits);
ObjectCreate("Pivot_Line", OBJ_HLINE, 0, 0, P);
ObjectSet("Pivot_Line", OBJPROP_COLOR, Orange);
ObjectSet("Pivot_Line", OBJPROP_STYLE, STYLE_SOLID);
ObjectSetText("Pivot_Line","Pivot "+DoubleToStr(P,Digits));
ObjectCreate("R0.5_Line", OBJ_HLINE, 0, 0, R05);
ObjectSet("R0.5_Line", OBJPROP_COLOR, Teal);
ObjectSet("R0.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R0.5_Line","R0.5 "+DoubleToStr(R05,Digits));
ObjectCreate("R1.0_Line", OBJ_HLINE, 0, 0, R10);
ObjectSet("R1.0_Line", OBJPROP_COLOR, DarkSlateGray);
ObjectSet("R1.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R1.0_Line","R1.0 "+DoubleToStr(R10,Digits));
ObjectCreate("R1.5_Line", OBJ_HLINE, 0, 0, R15);
ObjectSet("R1.5_Line", OBJPROP_COLOR, Teal);
ObjectSet("R1.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R1.5_Line","R1.5 "+DoubleToStr(R15,Digits));
ObjectCreate("R2.0_Line", OBJ_HLINE, 0, 0, R20);
ObjectSet("R2.0_Line", OBJPROP_COLOR, Teal);
ObjectSet("R2.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R2.0_Line","R2.0 "+DoubleToStr(R20,Digits));
ObjectCreate("R2.5_Line", OBJ_HLINE, 0, 0, R25);
ObjectSet("R2.5_Line", OBJPROP_COLOR, Teal);
ObjectSet("R2.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R2.5_Line","R2.5 "+DoubleToStr(R25,Digits));
ObjectCreate("R3.0_Line", OBJ_HLINE, 0, 0, R30);
ObjectSet("R3.0_Line", OBJPROP_COLOR, Teal);
ObjectSet("R3.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("R3.0_Line","R3.0 "+DoubleToStr(R30,Digits));
ObjectCreate("S0.5_Line", OBJ_HLINE, 0, 0, S05);
ObjectSet("S0.5_Line", OBJPROP_COLOR, Peru);
ObjectSet("S0.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S0.5_Line","S0.5 "+DoubleToStr(S05,Digits));
ObjectCreate("S1.0_Line", OBJ_HLINE, 0, 0, S10);
ObjectSet("S1.0_Line", OBJPROP_COLOR, Brown);
ObjectSet("S1.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S1.0_Line","S1.0 "+DoubleToStr(S10,Digits));
ObjectCreate("S1.5_Line", OBJ_HLINE, 0, 0, S15);
ObjectSet("S1.5_Line", OBJPROP_COLOR, Peru);
ObjectSet("S1.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S1.5_Line","S1.5 "+DoubleToStr(S15,Digits));
ObjectCreate("S2.0_Line", OBJ_HLINE, 0, 0, S20);
ObjectSet("S2.0_Line", OBJPROP_COLOR, Peru);
ObjectSet("S2.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S2.0_Line","S2.0 "+DoubleToStr(S20,Digits));
ObjectCreate("S2.5_Line", OBJ_HLINE, 0, 0, S25);
ObjectSet("S2.5_Line", OBJPROP_COLOR, Peru);
ObjectSet("S2.5_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S2.5_Line","S2.5 "+DoubleToStr(S25,Digits));
ObjectCreate("S3.0_Line", OBJ_HLINE, 0, 0, S30);
ObjectSet("S3.0_Line", OBJPROP_COLOR, Peru);
ObjectSet("S3.0_Line", OBJPROP_STYLE, STYLE_DOT);
ObjectSetText("S3.0_Line","S3.0 "+DoubleToStr(S30,Digits));
//---- force objects drawing
ObjectsRedraw();
//----
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
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: