Waddah Attar Monthly Fibo





//+------------------------------------------------------------------+
//|                                        Waddah Attar Monthly Fibo |
//|                                   Copyright © 2007, Waddah Attar |
//|                             Waddah Attar waddahattar@hotmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Waddah Attar waddahattar@hotmail.com"
#property link      "waddahattar@hotmail.com"
//----
#property indicator_chart_window
#property indicator_buffers 7
#property indicator_color1 Orange
#property indicator_color2 Orange
#property indicator_color3 DarkOrange
#property indicator_color4 DarkOrange
#property indicator_color5 DarkOrange
#property indicator_color6 DarkOrange
#property indicator_color7 DarkOrange

extern bool ShowPercent=true;

//---- buffers
double P1Buffer[];
double P2Buffer[];
double P3Buffer[];
double P4Buffer[];
double P5Buffer[];
double P6Buffer[];
double P7Buffer[];
//----
int myPeriod = PERIOD_MN1;
//----
double Q,H,L,F;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
   SetIndexBuffer(0, P1Buffer);
   SetIndexBuffer(1, P2Buffer);
   SetIndexBuffer(2, P3Buffer);
   SetIndexBuffer(3, P4Buffer);
   SetIndexBuffer(4, P5Buffer);
   SetIndexBuffer(5, P6Buffer);
   SetIndexBuffer(6, P7Buffer);
//----
   SetIndexStyle(0, DRAW_LINE, STYLE_SOLID, 3);
   SetIndexStyle(1, DRAW_LINE, STYLE_SOLID, 3);
   SetIndexStyle(2, DRAW_LINE, STYLE_SOLID, 1);
   SetIndexStyle(3, DRAW_LINE, STYLE_SOLID, 1);
   SetIndexStyle(4, DRAW_LINE, STYLE_SOLID, 1);
   SetIndexStyle(5, DRAW_LINE, STYLE_SOLID, 1);
   SetIndexStyle(6, DRAW_LINE, STYLE_SOLID, 1);
//----
   Comment("Waddah Attar Monthly Fibo");
   return(0);
  }
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
  {
   ObjectDelete("MonthF1");
   ObjectDelete("MonthF2");
   ObjectDelete("MonthF3");
   ObjectDelete("MonthF4");
   ObjectDelete("MonthF5");
   ObjectDelete("MonthF6");
   ObjectDelete("MonthF7");
   ObjectDelete("txtMonthF1");
   ObjectDelete("txtMonthF2");
   ObjectDelete("txtMonthF3");
   ObjectDelete("txtMonthF4");
   ObjectDelete("txtMonthF5");
   ObjectDelete("txtMonthF6");
   ObjectDelete("txtMonthF7");
   ObjectDelete("MPercent");
   Comment("");
   return(0);
  }
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
  {
   int i, dayi, 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;
//----   
   for(i = limit - 1; i >= 0; i--)
     {
       dayi = iBarShift(Symbol(), myPeriod, Time[i], false);
       H=iHigh(Symbol(), myPeriod,dayi + 1);
       L=iLow(Symbol(), myPeriod,dayi + 1);
       Q = (H-L);
       //----
       P1Buffer[i] = H;
       SetPrice("MonthF1", Time[i], H, indicator_color1);
       SetText("txtMonthF1", "Monthly High                   ", Time[i], H, indicator_color1);
       //----
       P2Buffer[i] = L;
       SetPrice("MonthF2", Time[i], L, indicator_color2);
       SetText("txtMonthF2", "Monthly Low                   ", Time[i], L, indicator_color2);
       //----
       P3Buffer[i] = L+(Q*0.236);
       SetPrice("MonthF3", Time[i], L+(Q*0.236), indicator_color3);
       SetText("txtMonthF3", "Monthly 23.6%                   ", Time[i], L+(Q*0.236), indicator_color3);
       //----
       P4Buffer[i] = L+(Q*0.382);
       SetPrice("MonthF4", Time[i], L+(Q*0.382), indicator_color4);
       SetText("txtMonthF4", "Monthly 38.2%                   ", Time[i], L+(Q*0.382), indicator_color4);
       //----
       P5Buffer[i] = L+(Q*0.50);
       SetPrice("MonthF5", Time[i], L+(Q*0.50), indicator_color5);
       SetText("txtMonthF5", "Monthly 50%                   ", Time[i], L+(Q*0.50), indicator_color5);
       //----
       P6Buffer[i] = L+(Q*0.618);
       SetPrice("MonthF6", Time[i], L+(Q*0.618), indicator_color6);
       SetText("txtMonthF6", "Monthly 61.8%                   ", Time[i], L+(Q*0.618), indicator_color6);
       //----
       P7Buffer[i] = L+(Q*0.764);
       SetPrice("MonthF7", Time[i], L+(Q*0.764), indicator_color7);
       SetText("txtMonthF7", "Monthly 76.4%                   ", Time[i], L+(Q*0.764), indicator_color7);

    }
    
    F=(Bid-L)/Q*100;
    
    if (ShowPercent==true)
    {
      SetLabel("MPercent","M Fibo="+DoubleToStr(F,2)+"%",1,51,"Simplified Arabic Fixed",20,0,indicator_color1);
    }
    else
    {
      ObjectDelete("WPercent");
    }
//----
   return(0);
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void SetPrice(string name, datetime Tm, double Prc, color clr)
  {
   if(ObjectFind(name) == -1)
     {
       ObjectCreate(name, OBJ_ARROW, 0, Tm, Prc);
       ObjectSet(name, OBJPROP_COLOR, clr);
       ObjectSet(name, OBJPROP_WIDTH, 1);
       ObjectSet(name, OBJPROP_ARROWCODE, SYMBOL_RIGHTPRICE);
     }
   else
     {
       ObjectSet(name, OBJPROP_TIME1, Tm);
       ObjectSet(name, OBJPROP_PRICE1, Prc);
       ObjectSet(name, OBJPROP_COLOR, clr);
       ObjectSet(name, OBJPROP_WIDTH, 1);
       ObjectSet(name, OBJPROP_ARROWCODE, SYMBOL_RIGHTPRICE);
     } 
  }
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void SetText(string name, string txt, datetime Tm, double Prc, color clr)
  {
   if(ObjectFind(name) == -1)
     {
       ObjectCreate(name, OBJ_TEXT, 0, Tm, Prc);
       ObjectSetText(name, txt, 10, "Times New Roman", clr);
       ObjectSet(name, OBJPROP_CORNER, 2);
     }
   else
     {
       ObjectSet(name, OBJPROP_TIME1, Tm);
       ObjectSet(name, OBJPROP_PRICE1, Prc);
       ObjectSetText(name, txt, 10, "Times New Roman", clr);
       ObjectSet(name, OBJPROP_CORNER, 2);
     } 
  }
  
void SetLabel(string name,string txt,int x,int y,string font,int size,int angle,color clr)
  {
   int idx=0;
   if(ObjectFind(name) == -1)
     {
       ObjectCreate(name, OBJ_LABEL, idx, 0, 0);
       ObjectSetText(name, txt, size, font, clr);
       ObjectSet(name, OBJPROP_XDISTANCE, x);
       ObjectSet(name, OBJPROP_YDISTANCE, y);
       ObjectSet(name, OBJPROP_CORNER, 2);
       ObjectSet(name, OBJPROP_ANGLE, angle);
     }
   else
     {
       ObjectSet(name, OBJPROP_XDISTANCE, x);
       ObjectSet(name, OBJPROP_YDISTANCE, y);
       ObjectSetText(name, txt, size, font, clr);
       ObjectSet(name, OBJPROP_CORNER, 2);
       ObjectSet(name, OBJPROP_ANGLE, angle);
     } 
  }

//+------------------------------------------------------------------+



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


Indicator Curves created:


Implements a curve of type DRAW_LINE

Indicators Used:



Custom Indicators Used:

Order Management characteristics:

Other Features: