//+------------------------------------------------------------------+
//| float.mq4 |
//| Copyright © 2005, Rachamim |
//+------------------------------------------------------------------+ |
#property copyright "Copyright © 2005, Rachamim"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 SteelBlue //histo
#property indicator_color2 Red //signal
#property indicator_level1 0
//---- input parameters
extern int float=50;
extern int sh=1;
//---- buffers
double vol[];
double hi[];
int prevbars;
double cumulativeV,FLOATV,high_bar,low_bar,swing;
int bars_high, bars_low, swing_time,cvstart,cvend,cvstarto,cvendo;
int i,shift;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_HISTOGRAM,STYLE_SOLID,3);
SetIndexBuffer(0,vol);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,hi);
SetIndexLabel(0,"float");
for (int i=0;i<=Bars-1;i++) {
vol[i]=0;
hi[i]=0;
}
IndicatorShortName("FLOAT PANEL ("+float+") ");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start() {
for (i=sh;i>=sh;i--) {
cumulativeV=0;
FLOATV=0;
//find bar counts
bars_high = Highest(NULL,0,MODE_HIGH,float,i);
bars_low = Lowest(NULL,0,MODE_LOW,float,i);
//find high and low
high_bar = High[bars_high];
low_bar = Low[bars_low];
//find swing price differance
swing = high_bar-low_bar;
//find float time barcount
swing_time = MathAbs(bars_low-bars_high);
//find cumulative volume for float period
if (bars_high < bars_low) {
cvstart=bars_low;
cvend=bars_high;
} else {
cvstart=bars_high;
cvend=bars_low;
}
if (cvstart != cvstarto || cvend!=cvendo) {
cvstarto=cvstart;
cvendo=cvend;
for (shift = cvstart; shift>=cvend; shift--) {
FLOATV=FLOATV+Volume[shift];
}
//first1 = False;
//find cumulative volume since last turnover
for (shift = cvstart; shift>=i; shift--) {
cumulativeV=cumulativeV+Volume[shift];
if (cumulativeV>=FLOATV)
cumulativeV=0;
//SetIndexValue(shift,cumulativeV*0.001);//RoyalBlue
vol[shift]=cumulativeV*0.001;
//SetIndexValue2(shift,FLOATV*0.001);//Red
hi[shift]=FLOATV*0.001;
string comm1=
"high was "+bars_high+" bars ago";
string comm2=
"Low was "+bars_low+" bars ago";
string comm3=
"Float time was = "+ swing_time+" bars";
string comm4=
"Float Vol. left = "+DoubleToStr(FLOATV-cumulativeV,0);
string comm5=
"Float Volume = "+DoubleToStr(FLOATV,0);
ObjectDelete("Comment1");
ObjectCreate("Comment1",OBJ_TEXT,0,Time[15],low_bar,);
ObjectSetText("Comment1",comm1,8,"Verdana",White);
ObjectDelete("Comment2");
ObjectCreate("Comment2",OBJ_TEXT,0,Time[15],low_bar+0.0005,);
ObjectSetText("Comment2",comm2,8,"Verdana",White);
ObjectDelete("Comment3");
ObjectCreate("Comment3",OBJ_TEXT,0,Time[15],low_bar+0.0010,);
ObjectSetText("Comment3",comm3,8,"Verdana",White);
ObjectDelete("Comment4");
ObjectCreate("Comment4",OBJ_TEXT,0,Time[15],low_bar+0.0015,);
ObjectSetText("Comment4",comm4,8,"Verdana",White);
ObjectDelete("Comment5");
ObjectCreate("Comment5",OBJ_TEXT,0,Time[15],low_bar+0.0020,);
ObjectSetText("Comment5",comm5,8,"Verdana",White);
//ObjectsDeleteAll(0);
ObjectDelete("swingtop");
ObjectDelete("swingbottom");
ObjectDelete("CVSTART");
ObjectDelete("CVEND");
ObjectDelete("swingend");
ObjectDelete("swingend2");
ObjectDelete("swingend3");
ObjectDelete("swingend4");
ObjectDelete("swingend5");
ObjectDelete("swingend6");
ObjectDelete("swingend7");
ObjectDelete("swingend8");
ObjectDelete("swingend9");
ObjectCreate("swingtop",OBJ_TREND,0,Time[cvstart],high_bar,Time[1],high_bar);
ObjectSet("swingtop",OBJPROP_COLOR,Magenta);
ObjectSet("swingtop",OBJPROP_STYLE,STYLE_DOT);
ObjectCreate("swingbottom",OBJ_TREND,0,Time[cvstart],low_bar,Time[1],low_bar);
ObjectSet("swingbottom",OBJPROP_COLOR,Magenta);
ObjectSet("swingbottom",OBJPROP_STYLE,STYLE_DOT);
//vert. float lines. these draw the lines that calculate the float
//if you change "trendline" to "Vline" it will draw through oscillators too.might be fun
ObjectCreate("CVSTART",OBJ_TREND,0,Time[cvstart],high_bar,Time[cvstart],low_bar);
ObjectSet("CVSTART",OBJPROP_COLOR,Lime);
ObjectSet("CVSTART",OBJPROP_STYLE,STYLE_SOLID);
ObjectCreate("CVEND",OBJ_TREND,0,Time[cvend],high_bar,Time[cvend],low_bar);
ObjectSet("CVSTART",OBJPROP_COLOR,Lime);
ObjectSet("CVSTART",OBJPROP_STYLE,STYLE_SOLID);
//vert float predictions. These are only time based.
//see RoyalBlue histogram for real float values.
//if you change "trendline" to "Vline" it will draw through oscillators too.might be fun
if (cvend-swing_time>0 ) {
ObjectCreate("swingend",OBJ_TREND,0,Time[(cvend-swing_time)+5],high_bar,Time[cvend-swing_time+5],low_bar);
ObjectSet("swingend",OBJPROP_COLOR,Green);
ObjectSet("swingend",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend");
if (cvend-(swing_time*2)>0 ) {
ObjectCreate("swingend2",OBJ_TREND,0,Time[(cvend-(swing_time*2))+5],high_bar,Time[cvend-(swing_time*2)+5],low_bar);
ObjectSet("swingend2",OBJPROP_COLOR,Green);
ObjectSet("swingend2",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend2");
if (cvend-(swing_time*3)>0 ) {
ObjectCreate("swingend3",OBJ_TREND,0,Time[(cvend-(swing_time*3))+5],high_bar,Time[cvend-(swing_time*3)+5],low_bar);
ObjectSet("swingend3",OBJPROP_COLOR,Green);
ObjectSet("swingend3",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend3");
if (cvend-(swing_time*4)>0 ) {
ObjectCreate("swingend4",OBJ_TREND,0,Time[(cvend-(swing_time*4))+5],high_bar,Time[cvend-(swing_time*4)+5],low_bar);
ObjectSet("swingend4",OBJPROP_COLOR,Green);
ObjectSet("swingend4",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend4");
if (cvend-(swing_time*5)>0 ) {
ObjectCreate("swingend5",OBJ_TREND,0,Time[(cvend-(swing_time*5))+5],high_bar,Time[cvend-(swing_time*5)+5],low_bar);
ObjectSet("swingend5",OBJPROP_COLOR,Green);
ObjectSet("swingend5",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend5");
if (cvend-(swing_time*6)>0 ) {
ObjectCreate("swingend6",OBJ_TREND,0,Time[cvend-(swing_time*6)+5],high_bar,Time[cvend-(swing_time*6)+5],low_bar);
ObjectSet("swingend6",OBJPROP_COLOR,Green);
ObjectSet("swingend6",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend6");
if (cvend-(swing_time*7)>0 ) {
ObjectCreate("swingend7",OBJ_TREND,0,Time[cvend-(swing_time*7)+5],high_bar,Time[cvend-(swing_time*7)+5],low_bar);
ObjectSet("swingend7",OBJPROP_COLOR,Green);
ObjectSet("swingend7",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend7");
if (cvend-(swing_time*8)>0 ) {
ObjectCreate("swingend8",OBJ_TREND,0,Time[cvend-(swing_time*8)+5],high_bar,Time[cvend-(swing_time*8)+5],low_bar);
ObjectSet("swingend8",OBJPROP_COLOR,Green);
ObjectSet("swingend8",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend8");
if (cvend-(swing_time*9)>0 ) {
ObjectCreate("swingend9",OBJ_TREND,0,Time[cvend-(swing_time*9)+5],high_bar,Time[cvend-(swing_time*9)+5],low_bar);
ObjectSet("swingend9",OBJPROP_COLOR,Green);
ObjectSet("swingend9",OBJPROP_STYLE,STYLE_DOT);
}
else ObjectDelete("swingend9");
}
}
}
return(0);
}
//+------------------------------------------------------------------+
Sample
Analysis
Market Information Used:
Series array that contains the highest prices of each bar
Series array that contains the lowest prices of each bar
Series array that contains tick volumes of each bar
Series array that contains open time of each bar
Indicator Curves created:
Implements a curve of type DRAW_HISTOGRAM
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: