//+------------------------------------------------------------------+
//| Pivots with Mid Levels.mq4 |
//| Rob |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Rob"
#property link "http://www.metaquotes.net"
#property indicator_chart_window
#property indicator_buffers 12
#property indicator_color1 Green
#property indicator_color2 Green
#property indicator_color3 Green
#property indicator_color4 Green
#property indicator_color5 Green
#property indicator_color6 Green
#property indicator_color7 Green
#property indicator_color8 Green
#property indicator_color9 Green
#property indicator_color10 Green
#property indicator_color11 Green
#property indicator_color11 Green
#property indicator_color12 Green
//---- input parameters
//---- buffers
double PBuffer[];
double S1Buffer[];
double R1Buffer[];
double S2Buffer[];
double R2Buffer[];
double S3Buffer[];
double R3Buffer[];
double M0Buffer[];
double M1Buffer[];
double M2Buffer[];
double M3Buffer[];
double M4Buffer[];
double M5Buffer[];
string Pivot="Pivot Point",Sup1="S 1", Res1="R 1";
string Sup2="S 2", Res2="R 2", Sup3="S 3", Res3="R 3";
int fontsize=10;
double P,S1,R1,S2,R2,S3,R3;
double LastHigh,LastLow,x;
string Med0="M 0",Med1="M 1",Med2="M 2",Med3="M 3",Med4="M 4",Med5="M 5";
double M0,M1,M2,M3,M4,M5;
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
ObjectDelete("Pivot");
ObjectDelete("Sup1");
ObjectDelete("Res1");
ObjectDelete("Sup2");
ObjectDelete("Res2");
ObjectDelete("Sup3");
ObjectDelete("Res3");
ObjectDelete("Med0");
ObjectDelete("Med1");
ObjectDelete("Med2");
ObjectDelete("Med3");
ObjectDelete("Med4");
ObjectDelete("Med5");
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
string short_name;
//---- indicator line
SetIndexStyle(0,DRAW_LINE,0,1,Green);
SetIndexStyle(1,DRAW_LINE,0,1,Green);
SetIndexStyle(2,DRAW_LINE,0,1,Green);
SetIndexStyle(3,DRAW_LINE,0,1,Green);
SetIndexStyle(4,DRAW_LINE,0,1,Green);
SetIndexStyle(5,DRAW_LINE,0,1,Green);
SetIndexStyle(6,DRAW_LINE,0,1,Green);
SetIndexStyle(7,DRAW_LINE,STYLE_DOT,1,Green);
SetIndexStyle(8,DRAW_LINE,STYLE_DOT,1,Green);
SetIndexStyle(9,DRAW_LINE,STYLE_DOT,1,Green);
SetIndexStyle(10,DRAW_LINE,STYLE_DOT,1,Green);
SetIndexStyle(11,DRAW_LINE,STYLE_DOT,1,Green);
SetIndexStyle(12,DRAW_LINE,STYLE_DOT,1,Green);
SetIndexBuffer(0,PBuffer);
SetIndexBuffer(1,S1Buffer);
SetIndexBuffer(2,R1Buffer);
SetIndexBuffer(3,S2Buffer);
SetIndexBuffer(4,R2Buffer);
SetIndexBuffer(5,S3Buffer);
SetIndexBuffer(6,R3Buffer);
SetIndexBuffer(7,M0Buffer);
SetIndexBuffer(8,M1Buffer);
SetIndexBuffer(9,M2Buffer);
SetIndexBuffer(10,M3Buffer);
SetIndexBuffer(11,M4Buffer);
SetIndexBuffer(12,M5Buffer);
//---- name for DataWindow and indicator subwindow label
short_name="Pivot Points";
IndicatorShortName(short_name);
SetIndexLabel(0,short_name);
//----
SetIndexDrawBegin(0,1);
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit, i;
//---- indicator calculation
if (counted_bars==0)
{
x=Period();
if (x>240) return(-1);
ObjectCreate("Pivot", OBJ_TEXT, 0, 0,0);
ObjectSetText("Pivot", " Pivot Point",fontsize,"Arial",Green);
ObjectCreate("Sup1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup1", " S 1",fontsize,"Arial",Green);
ObjectCreate("Res1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res1", " R 1",fontsize,"Arial",Green);
ObjectCreate("Sup2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup2", " S 2",fontsize,"Arial",Green);
ObjectCreate("Res2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res2", " R 2",fontsize,"Arial",Green);
ObjectCreate("Sup3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Sup3", " S 3",fontsize,"Arial",Green);
ObjectCreate("Res3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Res3", " R 3",fontsize,"Arial",Green);
ObjectCreate("Med0", OBJ_TEXT, 0, 0,0);
ObjectSetText("Med0", " M 0",fontsize,"Arial",Green);
ObjectCreate("Med1", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Med1", " M 1",fontsize,"Arial",Green);
ObjectCreate("Med2", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Med2", " M 2",fontsize,"Arial",Green);
ObjectCreate("Med3", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Med3", " M 3",fontsize,"Arial",Green);
ObjectCreate("Med4", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Med4", " M 4",fontsize,"Arial",Green);
ObjectCreate("Med5", OBJ_TEXT, 0, 0, 0);
ObjectSetText("Med5", " M 5",fontsize,"Arial",Green);
}
if(counted_bars<0) return(-1);
//---- last counted bar will be recounted
// if(counted_bars>0) counted_bars--;
limit=(Bars-counted_bars)-1;
for (i=limit; i>=0;i--)
{
if (High[i+1]>LastHigh) LastHigh=High[i+1];
if (Low[i+1]<LastLow) LastLow=Low[i+1];
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);
M5 = (R2 + R3) / 2 ;
M4 = (R2 + R1) / 2 ;
M3 = (P + R1) / 2 ;
M2 = (P + S1) / 2 ;
M1 = (S2 + S1) / 2 ;
M0 = (S2 + S3) /2 ;
LastLow=Open[i]; LastHigh=Open[i];
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);
ObjectMove("Med0", 0, Time[i],M0);
ObjectMove("Med1", 0, Time[i],M1);
ObjectMove("Med2", 0, Time[i],M2);
ObjectMove("Med3", 0, Time[i],M3);
ObjectMove("Med4", 0, Time[i],M4);
ObjectMove("Med5", 0, Time[i],M5);
}
PBuffer[i]=P;
S1Buffer[i]=S1;
R1Buffer[i]=R1;
S2Buffer[i]=S2;
R2Buffer[i]=R2;
S3Buffer[i]=S3;
R3Buffer[i]=R3;
M0Buffer[i]=M0;
M1Buffer[i]=M1;
M2Buffer[i]=M2;
M3Buffer[i]=M3;
M4Buffer[i]=M4;
M5Buffer[i]=M5;
}
//----
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 open time of each bar
Series array that contains close prices for each bar
Series array that contains open prices of each bar
Indicator Curves created:
Implements a curve of type DRAW_LINE
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: