//+------------------------------------------------------------------+
//| PIVOT |
//| Darma |
//| http://darmasdt.com |
//+------------------------------------------------------------------+
#property copyright "Darma"
#property link "http://groups.yahoo.com/group/indotraders"
#property indicator_chart_window
#property indicator_buffers 8
#property indicator_color1 Red
#property indicator_color2 Goldenrod
#property indicator_color3 Blue
#property indicator_color4 Black
#property indicator_color5 Green
#property indicator_color6 Green
#property indicator_color7 Green
#property indicator_color8 Green
//---- input parameters
extern int change_day_hour=0;
extern bool HLCCper4=false;
extern bool HLCper3=false;
extern bool HLper2=false;
extern bool DailyOpen=true;
extern bool Sup_Res4=false;
extern bool Sup_Res3=false;
//---- buffers
double Pivot4[];
double Pivot3[];
double Pivot2[];
double Pivot1[];
double Res4[];
double Sup4[];
double Res3[];
double Sup3[];
//---- variables
int limit, cur_day, prev_day, barChangeDay;
double y_c,t_o,y_h,y_l,P4,P3,P2,R4,S4,R3,S3;
double day_high, day_low, dayHprev, dayLprev;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE,STYLE_DASHDOTDOT,1);
SetIndexBuffer(0,Pivot4);
SetIndexStyle(1,DRAW_LINE,STYLE_DASHDOTDOT,1);
SetIndexBuffer(1,Pivot3);
SetIndexStyle(2,DRAW_LINE,STYLE_DASHDOTDOT,1);
SetIndexBuffer(2,Pivot2);
SetIndexStyle(3,DRAW_LINE,STYLE_SOLID,2);
SetIndexBuffer(3,Pivot1);
SetIndexStyle(4,DRAW_LINE,STYLE_DASHDOTDOT,1);
SetIndexBuffer(4,Res4);
SetIndexStyle(5,DRAW_LINE,STYLE_DASHDOTDOT,1);
SetIndexBuffer(5,Sup4);
SetIndexStyle(6,DRAW_LINE,STYLE_DASHDOTDOT,1);
SetIndexBuffer(6,Res3);
SetIndexStyle(7,DRAW_LINE,STYLE_DASHDOTDOT,1);
SetIndexBuffer(7,Sup3);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
ObjectsRedraw();
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
if (counted_bars<0) return(-1);
if (counted_bars>0) counted_bars--;
limit=Bars-counted_bars;
//----
for(int i=limit; i>=0; i--)
{
cur_day = TimeDay(Time[i]);
if (
TimeHour(Time[i]) == change_day_hour &&
TimeMinute(Time[i]) == 0
)
{
barChangeDay = i;
y_c = Close[i+1];
t_o = Open[i];
y_h = day_high;
y_l = day_low;
P4 = (y_h + y_l + y_c + t_o) / 4;
P3 = (y_h + y_l + y_c) / 3;
P2 = (y_h + y_l) / 2;
R4 = P4 + (P4 - y_l);
R3 = P3 + (P3 - y_l);
S4 = P4 + (P4 - y_h);
S3 = P3 + (P3 - y_h);
day_high = High[i];
day_low = Low[i];
} // if
dayHprev = day_high;
dayLprev = day_low;
day_high = MathMax(day_high, High[i]);
day_low = MathMin(day_low, Low[i]);
if (HLCCper4)
{
Pivot4[i]=P4;
}
if (HLCper3)
{
Pivot3[i]=P3;
}
if (HLper2)
{
Pivot2[i]=P2;
}
if (DailyOpen)
{
Pivot1[i]=t_o;
}
if (Sup_Res4)
{
Res4[i]=R4;
Sup4[i]=S4;
}
if (Sup_Res3)
{
Res3[i]=R3;
Sup3[i]=S3;
}
} // for
//---- done
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
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
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: