//+------------------------------------------------------------------+
//| Dayly Pivot |
//| Copyright © 2006, Profitrader |
//| Coded/Verified by Profitrader |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Profitrader."
#property link "profitrader@inbox.ru"
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Orange
#property indicator_color2 DarkBlue
#property indicator_color3 Maroon
#property indicator_color4 DarkBlue
#property indicator_color5 Maroon
#property indicator_color6 Green
#property indicator_color7 Green
//---- buffers
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
double P,S1,R1,S2,R2,S3,R3,LastHigh,LastLow;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
SetIndexBuffer(0,PBuffer);
SetIndexBuffer(1,S1Buffer);
SetIndexBuffer(2,R1Buffer);
SetIndexBuffer(3,S2Buffer);
SetIndexBuffer(4,R2Buffer);
SetIndexBuffer(5,S3Buffer);
SetIndexBuffer(6,R3Buffer);
SetIndexStyle(0,DRAW_LINE,0,2);
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);
SetIndexLabel(0,"Pivot Point");
SetIndexLabel(1,"Support 1");
SetIndexLabel(2,"Resistant 1");
SetIndexLabel(3,"Support 2");
SetIndexLabel(4,"Resistant 2");
SetIndexLabel(5,"Support 3");
SetIndexLabel(6,"Resistant 3");
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
ObjectDelete("Pivot");
ObjectDelete("Sup1");
ObjectDelete("Res1");
ObjectDelete("Sup2");
ObjectDelete("Res2");
ObjectDelete("Sup3");
ObjectDelete("Res3");
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int i,counted_bars=IndicatorCounted();
//---- check for possible errors
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
if(counted_bars>0) counted_bars--;
int limit=Bars-counted_bars;
if(Period()>PERIOD_H1) return(-1);
if(counted_bars==0)
{
ObjectCreate("Pivot",OBJ_TEXT,0,0,0);
ObjectSetText("Pivot"," Pivot Point",9,"Arial",Orange);
ObjectCreate("Sup1",OBJ_TEXT,0,0,0);
ObjectSetText("Sup1"," Sup 1",9,"Arial",Red);
ObjectCreate("Res1",OBJ_TEXT,0,0,0);
ObjectSetText("Res1"," Res 1",9,"Arial",Red);
ObjectCreate("Sup2",OBJ_TEXT,0,0,0);
ObjectSetText("Sup2"," Sup 2",9,"Arial",Red);
ObjectCreate("Res2",OBJ_TEXT,0,0,0);
ObjectSetText("Res2"," Res 2",9,"Arial",Red);
ObjectCreate("Sup3",OBJ_TEXT,0,0,0);
ObjectSetText("Sup3"," Sup 3",9,"Arial",Red);
ObjectCreate("Res3",OBJ_TEXT,0,0,0);
ObjectSetText("Res3"," Res 3",9,"Arial",Red);
}
for(i=limit-1; i>=0; i--)
{
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);
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);
LastLow=Low[i];
LastHigh=High[i];
}
LastLow=MathMin(LastLow,Low[i]);
LastHigh=MathMax(LastHigh,High[i]);
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 open time of each bar
Series array that contains close prices for each bar
Series array that contains the lowest prices of each bar
Series array that contains the highest prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: